INVESTMENT

Kenyan, Somali troops advance on rebels

Kenyan troops patrol the Garrisa airstrip
Kenyan and Somali troops advanced on an Islamist-held town in southern Somalia on Thursday and African Union peacekeepers moved on one of the last pockets under militant control in the capital Mogadishu.

EU summit uncertainty drags Wall St lower

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Stocks fell on Thursday as investors grappled with uncertainty surrounding the upcoming European summit on the debt crisis and sought direction from earnings reports from U.S. companies.
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California Shuts Down 529 Plan

The ScholarShares Investment Board in California, which runs the 529 plan, has announced that it will shut down the ScholarShare plan sold through brokers and financial advisers because it didn't manage to find a manager.
The Yahoo! offices are pictured in Santa Monica

Yahoo 'Cross Talk' Ban Jolts Bidders

Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation.
The Yahoo! offices are pictured in Santa Monica

Nondisclosure Demand Irks Bidders for Yahoo

Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation.
AT&T

AT&T Asks Antitrust Suit Judge for Sprint Records

AT&T has asked the federal judge controlling the government’s suit to bar its takeover of T-Mobile USA for access to records of rival Sprint-Nextel. Sprint filed its own motion seeking to deny it.
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Citi to pay $285 Million to Settle CDO Case: SEC

Citigroup Inc will pay $285 million to settle charges that its U.S. broker-dealer unit misled investors about a $1 billion mortgage bond deal, the U.S. Securities and Exchange Commission said on Wednesday.
Gold pellets

Gold Eases Fractionally, Euro Sentiment Up

Gold eased on Wednesday as growing hopes of a resolution to the Eurozone debt crisis persuaded investors to shrug off a downgrade to Spain's credit rating and buy riskier assets such as equities.
Agnico suspends Quebec mine operations; stock down

Agnico Suspends Quebec Mine operations; Stock Down

Agnico-Eagle is indefinitely suspending operations at its Goldex mine in Val d'Or, Quebec, because of water inflow and ground instability, the company said on Wednesday, sending its shares sharply lower.
BNY Mellon Sign

Bank of New York Mellon Q3 Earnings Up, Beats Analyst's Call by a Penny

The Bank of New York Mellon Corporation (NYSE: BK) reported a third quarter net income of $651 million, or $0.53 per common share Wednesday morning, an increase of 4.7 perecent when compared with $622 million, or $0.51 per common share, in the third quarter of 2010. The results were a penny over mean analyst predictions of $0.52 per share.

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