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New York claims more proof of bank mortgage abuses
ReutersNEW YORK (Reuters) - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp , Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses. Schneiderman -...Tags: Litigation, Mortgages, JPMorgan Chase & Co., Wells Fargo & Co., Trials
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U.S. dollar marks worst week versus yen in a year
ReutersNEW YORK (Reuters) - The dollar posted its worst week against the yen in a year on Friday as volatility in stocks and uncertainty about the outlook for U.S. monetary policy spurred investors to pare back bets against the Japanese currency. Some...Tags: Federal Reserve Bank of Chicago, Non Ferrous Metal, Norway, Italy, Government
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Stimulus fears haunt share markets, dollar recovers
ReutersNEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for...Tags: Lebanon, Federal Reserve Bank of Chicago, Pharmaceuticals, Pension and Welfare, Heavy Engineering
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U.S. RESEARCH ROUNDUP: Ralph Lauren, Williams-Sonoma, Marvell Technology
ReutersMay 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Gap and Williams-Sonoma, on Friday. HIGHLIGHTS * Boeing : Imperial Capital raises price target to $98 from $91; rating in-...Tags: Hormel Foods Corporation, Williams-Sonoma Inc., Advance Auto Parts Incorporated, Whiting Petroleum Corporation, New York & Company Incorporated
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EXCLUSIVA-Fiscal Nueva York dice hay pruebas de que bancos violaron acuerdo hipotecario
ReutersPor Karen Freifeld NUEVA YORK (Reuters) - El fiscal general de Nueva York, Eric Schneiderman, dijo que está reuniendo pruebas de que Bank of America Corp, Wells Fargo and Co y otros bancos violaron los términos de un acuerdo diseñado para terminar con...Tags: Wells Fargo & Co., JPMorgan Chase & Co., Bank of America Corp., Banking
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COMMENT: What is it about Morgan Stanley and fixed-income?
ReutersBy IFR Editor-at-large Keith Mullin May 24 (IFR) - In a week that witnessed the remarkable spectacle of Anshu Jain, Deutsche Bank's co-CEO, delivering his speech to the annual shareholders' meeting in German - a painfully strangled version of the...Tags: Business, Corporate Officers, Morgan Stanley Dean Witter & Company, Deutsche Bank AG, Goldman Sachs Group, Inc.
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Fear of art sale sparked by Detroit emergency manager asking for appraisal
ReutersBy Steve Neavling DETROIT, May 24 (Reuters) - As part of his efforts to solve Detroit's financial crisis, the city's emergency manager Kevyn Orr has asked for an appraisal of the collection at the Detroit Institute of Arts, sparking fears in artistic and...Tags: Rick Snyder, Auction Service, Sotheby's Holdings Incorporated, Arts, Museums
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U.S. RESEARCH ROUNDUP: HP, Bank Of America, Target, Dupont
ReutersMay 23 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including HP, Dupont and Target, on Thursday. HIGHLIGHTS * HP : Jefferies raises to hold from underperform * Banks: Guggenheim...Tags: Hormel Foods Corporation, Carnival Corporation, Keycorp, Amphenol Corporation, Marketing
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Mexicano Hoteles City prepara oferta de acciones
ReutersMEXICO DF, 23 mayo (Reuters) - La cadena mexicana Hoteles City Express planea llevar a cabo en junio una oferta global mixta de acciones en México y el extranjero para financiar su expansión, de acuerdo con un prospecto preliminar enviado a la bolsa...Tags: Morgan Stanley Dean Witter & Company
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Ghana cabinet approves $1 bln Eurobond for July - fin min
ReutersACCRA, May 23 (Reuters) - Ghana's cabinet has approved a Eurobond issue of up to $1 billion which is tentatively scheduled for July, Finance Minister Seth Terkper said on Thursday. "Based on anticipated market conditions and financing needs, a...Tags: Ghana
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EUROPE RESEARCH ROUNDUP: ARM Holdings, Anglo American, Statoil, Bayer
ReutersMay 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Bayer and Thomas Cook Group, on Thursday. HIGHLIGHTS * ARM Holdings PLC : Exane BNP Paribas cuts to neutral from...Tags: Air France-KLM, Glencore International AG, Ratings, Metal and Mineral, Merck & Company Incorporated
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Wall St. on the silver screen: Pros pick top movies
ReutersNEW YORK (Reuters) - In the annals of Hollywood, Wall Street has not been treated very kindly. From "Wall Street" to "Boiler Room", "Trading Places" to "American Psycho", the halls of finance are usually portrayed as places of shiny excesses and dark...Tags: Massachusetts Institute of Technology, Margin Call (movie), Zachary Quinto, Jim Cramer, Leonardo DiCaprio
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