  | | | | | NEW YORK (Reuters) - Stock index futures started a holiday-shortened week higher on Monday, with signs of progress in Washington talks to resolve the fiscal crunch lifting investors' mood. | | |  | | | | | (Reuters) - Rupert Murdoch's News Corp is expected to announce this week that it will acquire a 49 stake in the YES Network from the New York Yankees baseball team and its partners, in a deal that would value the sports channel at $3 billion, a person with knowledge of the talks told Reuters. | | | |  | | | | | (Reuters) - Lowe's Cos Inc's reported a higher-than-expected quarterly profit on Monday as preparation and rebuilding efforts tied to superstorm Sandy and an improving housing market boosted business at the world's No. 2 home improvement chain. | | | | | | | NEW YORK (Reuters) - The Federal Reserve Bank of New York won the dismissal of former American International Group Inc Chief Executive Maurice "Hank" Greenberg's $25 billion lawsuit accusing it of acting unlawfully in bailing out the insurer during the 2008 financial crisis. | | | |  | | | | | (Reuters) - Citigroup Inc has agreed to pay $360 million to the brokerage estate of Lehman Brothers to resolve a dispute over $1 billion in collateral that the investment bank was forced to post in the days leading up to its bankruptcy in 2008. | | | |  | | | | | HONG KONG (Reuters) - HSBC is in talks to sell its $9.3 billion stake in China's Ping An Insurance , stepping up a program by Europe's biggest bank to shed non-core operations to boost profitability. | | | |  | | | | | AMSTERDAM/BRUSSELS (Reuters) - Dutch banking and insurance group ING has won more time from regulators to shed assets and repay government aid, avoiding a fire sale but keeping it under state supervision for longer and delaying dividend payments. | | | |  | | | | | (Reuters) - Citigroup Inc is on track to cut 300 sales and trading jobs globally this year, as part of its plan to streamline its banking operations, the Wall Street Journal reported, citing people briefed on the process. | | | | | | LONDON (Reuters) - Shareholders in South African platinum miner Lonmin have voted in favour of an $817 million rights issue to repair a strike-battered balance sheet and fund its recovery. | | | | | | DUBAI (Reuters) - Goldman Sachs Inc bought warrants worth 147 million dirhams ($40 million) in Dubai's Drake & Scull International , less than a week after helping arrange a loan facility for the contracting firm. | | | |  |  | | | 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