A federal appeals court will wait until late September to review U.S. District Judge Jed Rakoff's rejection of a U.S. Securities and Exchange Commission fraud settlement with Citigroup Inc over mortgage investments.
When the late Steve Jobs had a will, he often got his way. That's why Apple hasn't paid a dividend since 2005.
The Federal Reserve has not yet decided whether to embark on a third round of quantitative easing, or QE3, though it remains an option, an influential Fed official said on Monday.
The U.S. Federal Reserve has not yet decided whether to embark on a third round of quantitative easing, or QE3, though it remains an option, an influential Fed official said on Monday.
The fall in gold prices has prompted one or more central banks to buy as much as four tonnes of bullion in recent weeks, according to an industry source and a Financial Times report on Friday.
U.S. stocks rose on Monday with the S&P 500 now less than 10 percent away from its historic closing high of October 2007, buoyed by Apple after the company said it will pay a dividend and buy back stock.
Cost overruns and a massive writedown have knocked Kinross Gold's stock so low that some bankers see it as Canada's biggest potential takeover play, though obstacles to a bid for the senior gold producer may be too big to surmount.
Gold edged up on Monday, aided in part by evidence of investor and central bank demand, after having posted its largest weekly fall last week in three months, although greater optimism in the markets over global growth could temper gains in the longer-run.
Viterra said on Monday it was in exclusive talks with one prospective buyer, pushing its shares lower as the prospect of a bidding war for Canada's biggest grain handler diminished.
The S&P 500 rose on Monday to trade less than 10 percent below its historic closing high set in October 2007, as news that Apple will start paying a dividend again added to optimism spurred by weeks of strong economic data in the United States to continue to lure investors into U.S. stocks.
Stocks were little changed on Monday, hovering near 4-year highs, while shares of Apple rose after it said it will begin paying a dividend and buy back stock.
Apple Inc will start paying a regular quarterly dividend of $2.65 a share in July and buy back up to $10 billion of its stock beginning in the next fiscal year, the world's most valuable company said on Monday.
Owners of the New York Mets baseball team have agreed to pay $162 million to settle a lawsuit by the trustee seeking money for victims of Bernard Madoff's fraud, just before a trial was scheduled to begin.
Apple Inc said it plans to pay a quarterly dividend of $2.65 per share and authorized a $10 billion stock buyback program to be carried out over three years.
Stocks were little changed on Monday, as equities stayed within reach of nearly 4-year highs and after cash-rich Apple said it will begin paying a dividend and buying back stock.
CEO Tim Cook decided on a new course for the Cupertino, Calif., company regarding shareholders. We have plenty of cash to run our business, he said.
Gold steadied above two-month lows on Monday, following its largest weekly fall last week in three months, as evidence of investor and central bank demand in recent weeks helped offset the negative impact of a weaker euro.
U.S. stocks were poised for a lower open on Monday, indicating equities may pull back from nearly 4-year highs after cash-rich Apple said it will begin paying a dividend and buying back stock.
United Parcel Service will pay 5.2 billion euros ($6.85 billion) for Dutch peer TNT Express in a deal that will make the world's largest package delivery company the market leader in Europe.
U.S. stock index futures slipped on Monday, indicating equities may pull back from nearly 4-year highs as investors waited to hear what Apple will do with its massive $98 billion cash stockpile.
RUSAL , the world's top aluminum maker, took a $1.4 billion hit in its 2011 financials on Monday on the value of its stake in Norilsk Nickel , whose fate is at the centre of a row between two Russian billionaire shareholders.
World share markets edged back from near eight-month highs on Monday with European banking stocks under pressure ahead of an auction to determine the payout on Greek credit default swaps, while a broadly firm dollar kept riskier currencies in check.
U.S. stock index futures slipped on Monday, indicating equities may pull back from nearly 4-year highs as investors waited to hear what Apple will do with its massive $98 billion cash stockpile.
Some big investors have shown interest in buying foreclosed properties being sold in bulk by Fannie Mae , the largest U.S. home funding source, the Wall Street Journal said citing people familiar with the process.
Global economic growth will slow this year, with the United States looking much improved but risks still to the downside as Europe's financial markets remain fragile, the deputy managing director of the International Monetary Fund said on Monday.
Call it spring fever. For the third year in a row, optimism is spreading that growth in the United States could be poised to accelerate and drive the economy into sunnier pastures.
Call it spring fever. For the third year in a row, optimism is spreading that growth in the United States could be poised to accelerate and drive the economy into sunnier pastures.
Mexico will include possible steps to blunt the impact of sharp capital flows on the Group of 20's policy agenda after discussions with Latin American neighbors, Finance Minister Jose Antonio Meade said on Sunday.
Investors are beginning to wonder if this Energizer Bunny of a rally can just keep going without taking a break or a fall.
Outgoing Deutsche Bank chief executive Josef Ackermann said he had no plans for further jobs besides several prominent European-based board seats such as Swedish family-run Investor and German group Siemens .
