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Date: Saturday, 21 Nov 2009 04:33
Reuters - Bank of America Corp Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, the Wall Street Journal reported on Friday.
Date: Saturday, 21 Nov 2009 04:03
Reuters - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.
Date: Friday, 20 Nov 2009 22:59
AP - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy.
Date: Friday, 20 Nov 2009 22:21
NewsFactor - In what may remind many consumers of the Amazon Kindle's early days, Barnes & Noble expects shipments of its nook e-book reader to be delayed. On Friday, the giant book retailer said it has sold out its first batch of nooks amid high demand -- and new shipments won't be available until after the holiday shopping season ends.
Date: Friday, 20 Nov 2009 20:07
AP - The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday.
Date: Friday, 20 Nov 2009 19:08
Reuters - NYSE Euronext , LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week.
Date: Friday, 20 Nov 2009 05:44
Reuters - Some of Goldman Sachs Group Inc's largest shareholders have asked the company to cut the size of its bonus pool and pass along more of its profits to investors, the Wall Street Journal reported, citing people familiar with the situation.
Date: Friday, 20 Nov 2009 05:36
Reuters - Supermarket mogul Ron Burkle and his investment arm, Yucaipa, have purchased a large amount of U.S. luxury retail chain Barneys New York's debt, the Wall Street Journal said, citing people familiar with the matter.
Date: Friday, 20 Nov 2009 03:55
Reuters - General Electric and Vivendi are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said on Thursday.
Date: Thursday, 19 Nov 2009 23:07
AP - America's first casino to open outside Nevada got permission Thursday to hand itself over to its lenders because it can't pay the mortgage.
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