IBT Staff Reporter

118981-119010 (out of 154943)

Goldman to benefit from new OTC derivatives rules: Citi

Goldman Sachs Group Inc expects to benefit from the new over-the-counter derivatives and commodity trading rules owing to its strong technology position, said a Citigroup analyst, who met with Goldman management, and raised his earnings outlook for the bank.

Stocks pressured despite G20 pledge, dollar eases

Global stocks struggled near a 1-1/2 week low on Friday despite a pledge by the Group of 20 countries to keep emergency economic stimulus in place until a durable recovery is secured, helping underpin government bonds.

U.S. large-loan bank losses triple to $53 billion

U.S. regulators say that the level of losses from syndicated loans facing banks and other financial institutions tripled to $53 billion in 2009, due to poor underwriting standards and the continuing weakness in economic conditions.

G20 stimulus pledge helps stocks, hurts dollar

Financial and consumer-related shares rose in Asia and the U.S. dollar turned lower on Friday as G20 leaders pledged in a draft statement to keep some stimulus supports in place until a recovery is clearer.

JPMorgan leads pack as underwriting drives fees

Banks led by JPMorgan Chase & Co reaped a bonanza of underwriting fees from debt and equity capital-raisings in the third quarter but a deepening slump in M&A activity depressed overall investment banking fees.

Technology report released at Griffith symposium

Technology such as mobile internet devices and virtual realities will have a profound impact on educational institutions over the next three years, according to a report released at a Griffith University symposium today (September 25).

Cadbury CEO's comments draw UK scrutiny--FT

Britain's takeover watchdog is reviewing private comments by Cadbury Plc's chief about the company's valuation amid a potential takeover by Kraft Foods Inc, saying Todd Stitzer had stoked uncertainty in the market, the Financial Times reported.

Govt task force: breaking JAL up an option

A government task force set up to help revive Japan Airlines Corp said on Friday it would review the carrier's turnaround plans from scratch and that splitting it into good and bad parts was an option.

A123 Systems soars 50.3 pct in mixed day for IPOs

Shares of A123 Systems Inc, a maker of lithium-ion car batteries, had the second-best debut of any 2009 U.S. initial public offering, rising 50.3 percent in their first trading session, far outpacing the four other stocks that came to market on a particularly busy day for IPOs.

Popeye had spinach. Real athletes have creatine.

Love the post-exercise high but could do without the pain? A new research study has revealed a super supplement that reduces damage and speeds recovery in muscles that have been injured through overuse. It's called creatine.

EBay CEO says Skype deal is going to close

EBay Inc Chief Executive John Donahoe said on Wednesday that recent lawsuits will not derail a $1.9 billion deal to sell a majority interest in Web telephone unit Skype to an investor group.

HP sees tech rebound

Hewlett-Packard Co predicted that overall IT spending would bounce back next year, but set a fiscal 2010 revenue forecast that came in just below Wall Street's expectations.

Fed's Warsh: normalize policy before need obvious

The U.S. Federal Reserve may have to raise interest rates from their currently ultra-low setting near zero percent before the need to take action is obvious, Fed Board Governor Kevin Warsh said on Thursday.

Baer's Artio IPO jumps almost 5 percent in debut

Shares of Julius Baer Holding AG's U.S. asset management arm Artio Global Investors Inc finished their first day of trade up 4.8 percent after the company's initial public offering raised more money than expected.

Pages