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RADNOR, PA - December 2, 2009 - Airgas, Inc. (NYSE: ARG) Senior Vice President and Chief Financial Officer Robert M. McLaughlin will speak at the Bank of America Merrill Lynch 2009 Global Industries Conference in New York, NY, on Wednesday, December 9, at 2:15 p.m. ET. Interested parties may listen to a live webcast or replay until December 25 by accessing http://investor ...
A senior Chinese official criticized foreign banks for selling derivatives with "fraudulent characteristics" that led to heavy losses for state-owned airlines and other companies. "Some international investment banks are the biggest villains," said Li Wei,... Investment Banks - Li Wei - Chinese language - Business - Public ownership
Paulson alum Paolo Pellegrini correctly saw the subprime mortgage collapse coming. Now he bets against the greenback and says mortgage-backed securities will fall more.
Wall Street gained in early trading as the government reported that new jobless benefit claims fell unexpectedly for a fifth week.
Dec. 4 (Bloomberg) -- China said “fraudulent practices” by some foreign investment banks were partly to blame for more than 11.4 billion yuan ($1.67 billion) of derivatives losses at Chinese state-owned companies last year.
Dec. 3 (Bloomberg) -- Bank of America Corp., which plans to repay $45 billion of U.S. government bailout money, raised $19.3 billion in a sale of securities at $15 apiece, a 4.8 percent discount to its common stock.
Dec. 4 (Bloomberg) -- Sheikh Mohammed bin Rashid Al Maktoum wanted to turn Dubai a global hub for finance and tourism, the next London or Hong Kong. To help execute his vision, the ruler relied heavily on Dubai World, the web of state-owned companies that includes everything from DP World , which operates 49 ports across the globe, to property developer Nakheel to investment arm Istithmar World.
Bank of America says it's raised more than $19 billion selling new securities to help the giant lender wean itself from government support.
Getting out from under the government s thumb would seem like a safe move for Bank of America Corp., but factors largely beyond its control will determine whether fully repaying Uncle Sam now proves to be a good decision.
World stock markets rose Thursday, with Japan's Nikkei up around 4 percent, after Bank of America Corp. said it will repay $45 billion of government bailout money and as investors prepared for a crucial policy statement from the European Central Bank.
Dec. 3 (Bloomberg) -- An ex-broker and a former day trader were sentenced to prison, and another former broker to home detention, for their parts in a scheme in which traders had access to brokerages’ internal “squawk boxes.”
Since the beginning of November, ETF providers have put out a flurry of new ETFs. Some are novel. But most are copycats, though they charge lower...
Dec. 4 (Bloomberg) -- Japanese government bonds may fall for a third day, heading for the first weekly drop in a month, on concern debt sales will increase next year.
Bank of America's surprise move to pay back $45 billion in federal bailout money ratchets up pressure on rivals Wells Fargo and Citigroup to get out from under the government's thumb.
It is the largest media deal to come down the pike in some time, and it’s complicated. Thursday’s announcement of the NBC Universal sale, as expected, describes a complex transfer of control from General Electric to Comcast , with the two giants holding pieces of a new joint venture that combines the Peacock Network, Universal Studios and Comcast’s own stable of cable channels.
Dec. 3 (Bloomberg) -- Sheikh Mohammed bin Rashid Al Maktoum wanted to turn Dubai into the next London or Hong Kong, a global hub for finance and tourism.
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