| | Earnings lift Wall Street but tech, banks weigh | NEW YORK (Reuters) - Stocks mostly rose on Friday, led by solid earnings from McDonald's, General Electric and Microsoft, but declines in banks and technology shares pulled indexes from their day's highs. | | | | | Disney film studio chief Ross steps down | LOS ANGELES (Reuters) - Rich Ross stepped down as chairman of Walt Disney Co's movie studio after a less than three-year run that included the release of "John Carter," one of the biggest flops in recent Hollywood history. | | | | | | G20 pledges more than $430 billion for IMF | WASHINGTON (Reuters) - The Group of 20 nations on Friday pledged more than $430 billion to better than double the International Monetary Fund's lending capacity and protect the global economy from the euro zone's debt crisis. | | | | | | GE profit, revenue top Wall Street forecasts | (Reuters) - General Electric Co topped Wall Street's profit and revenue forecasts for the first quarter, helped by strong demand for energy equipment and railroad locomotives. | | | | | | Citigroup CEO and directors sued over executive pay | (Reuters) - Days after being rebuked by shareholders, Citigroup Inc Chief Executive Vikram Pandit and the bank's directors have been sued by a shareholder accusing them of awarding outsized pay to top executives. | | | | AMR unions want to take a chance on US Air merger | (Reuters) - Labor groups at bankrupt American Airlines said on Friday they support a potential merger with rival US Airways Group Inc in a deal they say would save more jobs than a plan by parent AMR Corp to reorganize as a stand-alone carrier. | | | | Rogue trader Kerviel accuses SocGen of deceit | PARIS (Reuters) - Ex-Societe Generale trader Jerome Kerviel, who is appealing a three-year prison sentence for his role in France's biggest-ever rogue trading scandal, is suing his former employer for allegedly obtaining a verdict under false pretences, his lawyer said on Friday. | | | | | | Pressure on Chesapeake mounts, shares down | HOUSTON (Reuters) - Chesapeake Energy Corp CEO Aubrey McClendon has been sued by a shareholder over potential conflicts of interest on the same day that a Wall Street analyst urged leadership changes at the company. | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |
No comments:
Post a Comment