Brokers have expressed outrage at a recent move by Firstfolio to impose a fee on non-performing originators.
Jamelle Agbuis
Aug 01, 2011
South Korea's central bank bought 25 tonnes of gold over the past two months in its first purchase in more than a decade, saying the time was ripe to boost its gold holding, but markets barely moved on the news.
IBT Staff Reporter
Aug 01, 2011
Communication software maker Synchronoss Technologies Inc posted better-than-expected quarterly results, helped by a 13 percent jump in revenue at its largest customer, AT&T Inc, and raised its full-year outlook.
IBT Staff Reporter
Aug 01, 2011
HighTower Advisors, a firm that is expanding by poaching financial advisers from the big brokerages, on Monday said it hired a private banking team from Merrill Lynch managing more than $1 billion of client assets.
keep for now
Aug 01, 2011
HighTower Advisors, a firm that is expanding by poaching financial advisers from the big brokerages, said on Monday it hired a private banking team from Merrill Lynch managing more than $1 billion of client assets.
keep for now
Aug 01, 2011
Interest rates on most Treasury bills fell on Monday after a tentative deal among top Washington lawmakers to raise the debt ceiling soothed anxiety of a sovereign debt default.
keep for now
Aug 01, 2011
Central Falls, Rhode Island, one of a handful of U.S. cities and counties facing fiscal collapse in the wake of the economic recession, filed for a rare Chapter 9 bankruptcy on Monday.
keep for now
Aug 01, 2011
Twitter announced on Monday that it had received another significant investment, this time $800 million from Russian investment firm DST Global. The deal gives the social media company an $8 billion valuation, but a big question still remains--why?
John Talty
Aug 01, 2011
The increase in the debt ceiling is only half of what President Obama was asking for and will therefore create another round of default trauma when the next debt ceiling is reached. I
Palash Ghosh
Aug 01, 2011
High inflation and soaring real estate prices have thrown thousands of residents into dire straits.
Palash Ghosh
Aug 01, 2011
In the rush to strike a debt deal to raise the debt ceiling and avoid a U.S. Government default, one question has been overlooked: will the debt deal increase or decrease the U.S. unemployment rate?
Jeremy White
Aug 01, 2011
Banks around the world are likely to keep slashing jobs in order to compete better in what is a cut-throat global business.
Palash Ghosh
Aug 01, 2011
Money market funds face uncharted waters if a debt deal is not reached soon in Washington, but Joe Morgan is not ready to abandon ship.
Hao Li
Aug 01, 2011
High inflation and soaring real estate prices have thrown thousands of residents into dire straits.
Palash Ghosh
Jul 31, 2011
I wasn't one of those people who lost a bunch of money when dot-com stocks blew up in 2000, but to be honest, that's because I didn't make a lot of money in the bubblicious run up, either.
keep for now
Jul 31, 2011
The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise the country's $14.3 trillion debt ceiling before Tuesday, when the Treasury will no longer be able to borrow funds to meet all of its obligations. It all means the United States could face the possibility of defaulting on its debt and losing its prized triple-A credit rating.
keep for now
Jul 30, 2011
Senate Democrats aimed to seize the initiative in efforts to head off a ruinous debt default by pushing their deficit-cutting plan on Saturday toward a possible compromise with a divided Republican Party.
Palash Ghosh
Jul 30, 2011
The top after-market NYSE gainers on Friday are: Dynegy, Unifi, iSoftStone Holdings, Orbitz Worldwide, Terex, Crexus Investment, Miller Petroleum, Gildan Activewear, HSBC Holdings and MEMC Electronic Materials.
Satya Nagendra Padala
Jul 30, 2011
Hollywood is on global expansion overdrive, with the international box office racking up a larger percentage of overall film revenues than ever before.
Ann Suh
Jul 29, 2011
Solar investors should brace themselves for some downright dreadful second-quarter earnings reports in the coming weeks, though the rest of the year may provide some relief to battered solar stocks as panel prices stabilize and profit margins recover.
Ann Suh
Jul 29, 2011
When Alibaba announced it was giving away subsidiary Alipay (a leading Chinese online payment platform) to a separate company controlled by Alibaba CEO Jack Ma, Yahoo! investors balked.
Hao Li
Jul 29, 2011
Hollywood is on global expansion overdrive, with the international box office racking up a larger percentage of overall film revenues than ever before.
Ann Suh
Jul 29, 2011