Cost-cutting helped NYSE Euronext beat earnings expectations, and the transatlantic exchange operator announced the sale of a big stake in its U.S. derivatives exchange.
The Obama administration's pay czar said on Wednesday that renegotiating guaranteed bonus contracts at American International Group's AIG Financial Products unit was a top priority for him in 2010.
The Obama administration's pay czar said on Wednesday that renegotiating guaranteed bonus contracts at American International Group's AIG Financial Products unit was a top priority for him in 2010.
Norfolk Southern Corp , the No. 4 U.S. railroad, said on Tuesday that its earnings in the latest quarter fell nearly 42 percent as the economic downturn continued to weigh on freight volumes.
Britain's top shares edged up 0.2 percent by midday on Monday as energy firms and drugmakers gained ahead of third-quarter earnings this week, outpacing a decline in banks and life insurers.
Ingersoll-Rand PLC , a maker of heating and cooling systems for homes, businesses and transport, reported a 5 percent drop in quarterly profit on Friday and said it continued to see challenges in its markets.
Fortune Brands Inc reported a quarterly profit that topped analysts' estimates on Friday and said each of its business units performed at or above its expectations, sending shares of the consumer goods company up 2.4 percent.
Marlboro cigarette maker Philip Morris International Inc posted higher-than-expected quarterly profit and raised its full-year outlook on Thursday, helped by price increases in some markets.
Recession-stricken New York City plans to double its current green work force by creating over 13,000 new jobs in the next decade, partly by competing with London to become the new center for carbon trading, a city official said on Wednesday.
Russia has dropped its $22.5 billion lawsuit against Bank of New York Mellon , in line with an earlier request by the country's Customs Service, a judge said on Thursday.
Chip maker Texas Instruments Inc posted better-than-expected quarterly results on Monday, citing strong demand across all business segments including computers, phones and cars.
Stuyvesant Town and Peter Cooper Village, a huge Manhattan apartment complex that became the largest residential deal in New York's history, could be headed for default as early as December, according to Trepp, a firm that tracks commercial mortgage securities.
Citigroup Inc is considering listing its Brazilian or Latin American units to raise cash for expansion, Valor Economico newspaper said on Friday.
Advanced Micro Devices Inc (AMD) reported stronger-than-expected quarterly results on Thursday, helped by strong processor shipments, sending shares up in after-hour trading.
The New York Times Co said it has given up its plan to sell The Boston Globe and related businesses after drastic cuts it imposed on the daily newspaper earlier this year improved its financial position.
The operators of Tavern on the Green, the bankrupt storied restaurant in New York's Central Park, have sued the City of New York for more time to auction off the restaurant's assets.
Stocks fell on Tuesday, threatening to break a six-day winning streak, as Johnson & Johnson's third-quarter sales figures disappointed investors.
American International Group struck a deal to sell its Taiwan life insurance for $2.15 billion, marking its largest disposal of a division since a government bailout last year saved it from collapse.
American International Group has agreed to sell it's Taiwan life insurance unit for $2.15 billion, a key step in its effort to raise cash after a U.S. government bailout last year saved the company from collapse.
Citigroup Inc has been fined $600,000 by the Financial Industry Regulatory Authority over failing to police derivatives transactions that helped foreign clients avoid taxes on dividends.
Citigroup Inc has been fined $600,000 by the Financial Industry Regulatory Authority for failing to police derivatives transactions, including those that helped foreign clients avoid taxes on dividends.
Citigroup Inc has been fined $600,000 by the Financial Industry Regulatory Authority over failing to police derivatives transactions that helped foreign clients avoid taxes on dividends.
