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India Policy Freeze Saps Funds as Greek Fallout Risk Rises
Posco, the world's third-largest steelmaker, took seven years to gain permission to build a mill in India, only to have the environmental approval suspended by a tribunal in March.
Icahn nominates new director to Forest Labs board
Billionaire investor Carl Icahn is proposing a new director to the board of drugmaker Forest Laboratories Inc.
Zoo Shows Local Bond Sales Expand as Economy Grows: Muni Credit
Municipal debt is poised to trail Treasuries for two consecutive months for the first time since September as a growing U.S. economy spurs local governments to increase borrowing.
WisdomTree to Present at the Bank of America Merrill Lynch 2012 Smid Cap Conference
WisdomTree Investments, Inc. , an exchange-traded fund sponsor and asset manager, today announced that Jonathan Steinberg, Chief Executive Officer; and Amit Muni, Chief Financial Officer, will present at the Bank of America Merrill Lynch 2012 Smid Cap Conference on Thursday, June 7th at 3:05 p.m. ET in Boston.
Facebook and 4 Stocks Buzzing on Trader Radars Now
Bank of America : Merrill Lynch will launch exact auth override, a strengthening of its leading card solution, ePayables.
Citi seeks its next act in wealth management
Last year's Congressional debt standoff hurt consumer confidence more than the collapse of Lehman Brothers, Betsey Johnson and Justin Wolfers write.
Bank Stocks Defy Slew of Negative Reports
NEW YORK -- Shares of the largest U.S. banks were mixed early Tuesday despite a quartet of negative analyst reports.
Gold Poised for Worst Monthly Run Since 1999 on European Crisis
Gold declined for the first time in three days, set for the worst run of monthly losses since 1999, as concern that Europe's fiscal turmoil is worsening boosted the dollar.
Exclusive: Merrill misstep may hurt battle vs. broker claims
Merrill Lynch's battle to void a $10 million arbitration ruling suffered a setback this week after a new court filing raised questions about its claims that a panel member had not disclosed her potential conflicts.
Henry Blodget Says Flap Over Morgan Stanley's Facebook Research ...
Henry Blodget, BusinessInsider aggregator-in-chief, disgraced Merrill Lynch analyst and the pundit who spent the weeks leading up to the Facebook IPO hammering on what were at face incongruous themes-overpriced Facebook stock was " muppet-bait " and Mark Zuckerberg was the greatest -is out with a new Facebook trope that's Internet fantastic: The ... (more)
What Moved the Needle on These Shares Today?
Bank of America Corp A : As a result of Bank of America Corp's plan to sell real estate in order to cut costs, the bank is marketing the office campus in New Jersey's Hopewell Township, inherited from Merrill Lynch & Co.
First Republic Bank 'Firing on all Cylinders'
NEW YORK -- Bank stock investors "impatient about revenue recovery" and "wary of macro tail risk" should consider First Republic Bank Penala on Friday reiterated her "Buy" rating for the San Francisco lender, with a price objective of $36, after meeting the bank's management and touring its branch facilities in Boston, saying that First Republic ... (more)
Sprawling Merrill Lynch campus in Hopewell to be sold
HOPEWELL TOWNSHIP - A sprawling, 450-acre Merrill Lynch office campus overlooking Interstate 95 here would be sold and leased back under a Bank of America plan to raise cash by unloading real estate.
Purchases of New Homes in U.S. Increase More Than Forecast on Lower Prices
Michelle Meyer, a senior economist at Bank of America Merrill Lynch, talks about the outlook for the U.S. economy and housing market recovery.
BofA Worries about Muni - Rate Shock' as Issuance Rises
This week is shaping up to be the highest in terms of new-issue municipal bond volume for 2012, with $10.4 billion in new bonds slated for the week of May 21st, slightly north of the week of March 5th at $10.3 billion of sales, according to Janney Montgomery Scott .
PDC Energy Closes Common Stock Offering
Petroleum Development Corporation announced today that it has closed its previously announced underwritten public offering of 6,500,000 shares of common stock at a public offering price of $26.50 per share.
Bond Spreads Soar as JPMorgan Goes ?Underweight?: Credit Markets
The riskiest part of the global corporate bond market is driving relative yields on company debt to the widest levels in more than three months as speculation mounts that the economic recovery is faltering.
Foreign brokerages still not generous in charitable donations
Some argue local accounts do not match actual donations as headquarters have responsibility Foreign brokerages in South Korea are still not very generous in terms of charitable donations, according to a recent report.
4 Euro Crisis Targets in U.S. Banks' Crosshairs
NEW YORK -- Four large European bank U.S. subsidiaries could be on the block following downgrades of 16 Spanish banks by Moody's Investor Service.
This Delta News is Dragging Air Carriers Lower
Delta Air Lines announced Thursday it will cut capacity on trans-Atlantic routes another 5 percent after Labor Day this year, a "proactive" measure intended to blunt the impact of weaker European currency and higher fuel costs on its bottom line.