UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, the Swiss bank's financial head said.
You can rage, rage against gas prices, or you can align your interest with oil producers/refiners by considering shares in an oil play. And here are five.
New orders for U.S. manufactured goods soared in November on strong demand for aircraft, but a gauge of business spending plans fell for a second month, suggesting a cooling in investment.
The top pre-market NASDAQ gainers are: WCA Waste Corp., Tibco Software, Career Education, IPG Photonics and Canadian Solar. The top pre-market NASDAQ losers are: Alaska Communications, Neogen, Vivus, Bed Bath & Beyond and TripAdvisor.
UBS will sacrifice its place in the top ten investment bank rankings as stricter capital rules force it to give up riskier fixed-income business, the Swiss bank's financial head said.
The top aftermarket NYSE losers Thursday were: NV Energy, United Rentals, Suntech Power Holdings, Kronos Worldwide, Spansion, Merrill Lynch & Co, Christopher & Banks, Manitowoc, MGIC Investment and CONSOL Energy.
A direct-mail solicitation for Ron Paul's political and investment newsletters two decades ago warned of a coming race war in our big cities and of a federal-homosexual cover-up to play down the impact of AIDS.
The Supreme Court of Canada ruled against the federal government's plan to create a single, national securities regulator, forcing Ottawa to rethink its campaign to replace the current patchwork of provincial watchdogs and regulations.
Respected commodities hedge fund BlueGold has veered from its energy-focused strategy, betting half its money on equities and other trades that are worrying investors as it turns in its first down year.
Canada's top court derailed government plans to consolidate a patchwork system of provincial securities regulators on Thursday, ruling that proposed federal legislation violated provincial rights and forcing the government back to the drawing board.
Stocks rose on Thursday, putting the S&P 500 on the cusp of finishing out the year higher as another decline in jobless claims pointed to further improvement in the labor market.
There will be no holiday cheer for hedge fund manager John Paulson this month, as his dismal performance in 2011 is capped off by another miserable performance so far in December.
According to Bloomberg, Goldman Sachs' corporate credit rating was downgraded to AA-, from A+
Gold struggled Friday as fund managers booked profits on the yellow metal's gains this year, offsetting the lift it normally would have gotten from rising crude oil prices and stocks.
Broadway is enjoying a renaissance -- and Hollywood is hoping to get a piece of the action.
The United States is urging the United Nations Security Council to implement greater sanction on Iran, saying harsher action could slow down the country's nuclear program.
Michael Ferro Jr., the CEO of Merrick Ventures LLC, will lead the investment group. The deal is expected to close within the next several days.
Stocks edged higher on Thursday, putting the benchmark S&P 500 index on track for its third straight advance after data pointed to ongoing labor market improvement, albeit at a slow pace.
Time is running out for lowering your 2011 taxes. Before celebrating the New Year, taxpayers should keep in mind that actions should be taken no later than Dec. 31 in order to claim certain tax benefits, the Internal Revenue Service said.
The fulfillment center will receive, package and help distribute shipments to its final destination. Amazon will invest $135 million in each state.
The inflows into gold-backed exchange-traded funds that helped drive bullion demand sharply higher during the financial crisis have more than halved this year, according to Reuters data, and are unlikely to recover in 2012 as appetite grows for other assets.
Wedbush Securities has upgraded shares of Micron Technology (NASDAQ: MU) to outperform from neutral, saying the worst is over for the company.
