  | | | Wall Street ends up on Bernanke comments, housing | | NEW YORK (Reuters) - Stocks ended higher on Tuesday, rebounding from their worst decline since November, after Federal Reserve Chairman Ben Bernanke defended the Fed's bond-buying stimulus and sales of new homes hit a 4 1-2-year high. | | |  | | | Best Buy takeover attempt by founder in jeopardy: sources | | (Reuters) - Best Buy Co Inc founder Richard Schulze's effort to take the company private is in trouble after attempts to secure financing faltered while an alternative strategy to line up minority investors may not pan out either, five sources familiar with the matter said. | | | |  | | | Home prices cap year with biggest rise since 2006 | | NEW YORK (Reuters) - Home prices closed out 2012 with the biggest annual gain in more than six years while sales of new homes spiked in January, the latest sign that the long-suffering housing market was on the mend, data showed on Tuesday. | | | |  | | | Four Spanish lenders set to pass properties to bad bank | | MADRID (Reuters) - Four mid-sized Spanish banks are poised to transfer 14 billion euros ($18.30 billion) of soured property assets to a government-backed "bad bank", which on Tuesday issued bonds to give to the banks as payment and completed a capital hike. | | | |  | | | First spill trial witness: BP put cost cuts over safety | | NEW ORLEANS (Reuters) - BP Plc fostered a culture that put cost-cutting over safety before the deadly 2010 Gulf of Mexico oil spill, a noted forensic engineer said in the first day of testimony in the federal civil trial centered on the disaster. | | | |  | | | February auto sales data expected to show sustained recovery | | DETROIT (Reuters) - U.S. auto sales in February were expected to show a fourth straight month of seasonally adjusted annualized sales above 15 million vehicles for the first time since early 2008, a sign of a sustained recovery after the recession. | | | |  | | | Wall Street cash bonuses rose in 2012: NY comptroller | | NEW YORK (Reuters) - Wall Street cash bonuses rose in 2012 but were still below pre-crisis levels, and the industry is gearing up for more layoffs as it continues to adapt to more regulation and heightened competition, New York's top financial official said. | | | |  |  | | | 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