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NEW YORK (Reuters) – A U.S. bankruptcy choose on Thursday licensed AMR Corp's plan to exit chapter, subject to decision of a U.S. govt lawsuit to dam a proposed merger with US Airways Workforce Inc . Decide Sean Lane authorized the plan at a hearing within the U.S. Chapter Court […]
By using Poornima Gupta AUSTIN, Texas (Reuters) – Michael Dell clinched shareholder approval on Thursday for his $25 billion offer to purchase and take Dell Inc personal, ending months of battle with the corporate's largest buyers and casting off the uncertainty surrounding the sector's No. three PC maker. Shareholders cast […]
By using Chuck Mikolajczak NEW YORK (Reuters) – U.S. shares edged lower on Thursday after a seven-session successful streak on the S&P 500 and a jobless claims file which provided few clues into the Federal Reserve's upcoming selections about stimulus policy. Initial claims for state unemployment advantages slipped 31,000 to […]
NEW YORK (Reuters) – Wall Side road stocks rose on Wednesday, rebounding after two days of losses as vitality shares rose alongside another jump in crude prices. The Dow Jones industrial reasonable was once up 60.seventy nine factors, or 0.41 %, at 14,836.92. The Standard & Bad's 500 Index was […]
Via Amanda Becker WASHINGTON (Reuters) – Brokerage agency Merrill Lynch has agreed to pay $one hundred sixty million to settle a category-action race discrimination lawsuit introduced by means of a longtime U.S. worker, an attorney for the plaintiffs verified on Wednesday. Greater than 1,200 current and former Merrill Lynch staff […]
By means of Jason Lange WASHINGTON (Reuters) – Contracts to buy in the past owned U.S. houses fell for the second straight month in July, a sign that rising loan charges are taking the steam out of The usa's housing market recovery. The Nationwide Association of Realtors mentioned on Wednesday […]
BRUSSELS (Reuters) – Retail sales in the euro zone fell across the board for the first time in three months in June, authentic knowledge confirmed on Monday, highlighting the drag of depressed family spending on the bloc’s fragile recovery. The European Imperative Bank hopes for a gradual general growth later […]
By using Steve Slater LONDON (Reuters) – HSBC Holdings Percentsaid pretax profit rose 10 percent to $14.1 billion within the first half of, as its three-12 months price-slicing plan started to pay off, however cash fell wanting expectations as a result of a fall in earnings. Its shares, which had […]
With the aid of Richard Hubbard LONDON (Reuters) – The greenback softened and European shares edged up to a two-month high on Monday after ultimate week’s batch of U.S. knowledge left traders much less certain the Federal Reserve would begin to cut back its stimulus subsequent month. The most important […]
By using Tim Hepher PARIS (Reuters) – After focusing for years on jetliners that would fly ever additional, the sector's leading planemakers are turning to shorter range plane that enchantment to airlines reluctant to pay for efficiency they don't want. Boeing and Airbus have spent billions of bucks building developed […]
BEIJING (Reuters) – Task in China's services and products sector defied the usa's financial cool down to extend modestly in July, an individual survey confirmed on Monday, as new trade orders recovered from a multi-year low in a uncommon signal of resilience. However that was tempered through a fall in […]
By way of Hideyuki Sano TOKYO (Reuters) – Asian shares had been delicate and the U.S. greenback was on the shielding on Monday after knowledge confirmed U.S. employers slowed their % of hiring in July, while the New Zealand dollar tumbled after a food-security scare affected dairy exports of the […]
By Alina Selyukh (Reuters) – Dash Nextel Corp and Japan's SoftBank Corp stated on Wednesday they had reached a nationwide security agreement with U.S. authorities, overcoming an immense hurdle for the Eastern firm's $20.1 billion bid to keep watch over the wi-fi carrier. Even with that approval, there are nonetheless […]
Via Caroline Valetkevitch NEW YORK (Reuters) – Stocks fell on Wednesday as excessive-yielding dividend stocks lost a few of their luster after recent beneficial properties in U.S. Treasury bond yields. Benchmark Treasury yields in a single day hit 2.235 p.c – the very best in additional than a year – […]
By means of Sarah N. Lynch WASHINGTON (Reuters) – Nasdaq OMX on Wednesday agreed to pay $10 million, the largest penalty ever levied against a inventory alternate, to settle civil expenses stemming from errors made all the way through Facebook's initial public offering ultimate year, U.S. securities regulators mentioned on […]
