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Posts related to ‘General’

Getty Images On The Block

Posted: May 23, 2012 at 6:30 am

PE firm Hellman & Friedman, which owns Getty Images, has begun a process to sell the company it bought for $2.4 billion in 2008. It reckons using investment banks Goldman ...
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Facebook Death Watch: Investigations Mount

Posted: May 23, 2012 at 6:27 am

The Facebook (NASDAQ: FB) IPO mess has worsened considerably in just 24 hours. The federal government will examine why analysts at Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) ...
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Gupta Goes On Trial For Trading

Posted: May 21, 2012 at 6:30 am

Rajat K. Gupta, a former head of McKinsey & Co, and director of Goldman Sachs (NYSE: GS) will go on trial for insider trading. He will sit in Federal District ...
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24/7 Wall St. Closing Bell — May 18, 2012

Posted: May 18, 2012 at 4:05 pm

The three major US stock indexes opened somewhat higher this morning as investors paid little attention to last night’s downgrade of Spain’s banks (more coverage here). With little economic data ...
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Facebook’s IPO and Housing Prices: Be Careful What You Wish For

Posted: May 18, 2012 at 1:42 pm

-By Jed Kolko Today’s Facebook IPO will make a lot of my Bay Area neighbors very rich, at least on paper. And many more of my neighbors are hoping that ...
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Chinese Solar Dumping Gets Mild Penalty

Posted: May 18, 2012 at 9:03 am

Late yesterday the US Department of Commerce released its preliminary findings in the anti-dumping case against Chinese solar panel makers. The principal finding of the International Trade Administration, the DoC ...
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24/7 Wall St. Closing Bell — May 17, 2012

Posted: May 17, 2012 at 4:04 pm

The three major US stock indexes opened essentially flat this morning as investors were faced with a flat report on new claims for jobless benefits (our coverage here). Manufacturing data ...
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Pipeline Reversal from Cushing to Gulf Coast is Complete

Posted: May 17, 2012 at 2:53 pm

The first US pipeline to carry crude oil from the hub at Cushing, Oklahoma, to the US Gulf Coast will begin to be filled this weekend. The Seaway pipeline has ...
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Comcast, Skype Team Up for What, Exactly?

Posted: May 16, 2012 at 2:44 pm

Comcast Corp. (NASDAQ: CMCSA) has launched a high definition, Skype-based video calling plan for its Xfinity broadband customers. The plan costs $9.95/month and is available in Boston and Seattle today, ...
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FOMC Minutes & The Hope For/Against Quantitative Easing

Posted: May 16, 2012 at 2:10 pm

The FOMC Minutes should mostly be known, but investors and speculators look through these in great detail in an effort to garner any hint over whether or not Ben Bernanke ...
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Google Adds Knowledge Graph To Search To Recapture Lost Market Share

Posted: May 16, 2012 at 1:24 pm

Google Inc. (NASDAQ: GOOG) may have had some idea that they were losing market share in the U.S. search market as the rise of Bing from Microsoft Corporation (NASDAQ: MSFT) ...
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Mother’s Day Spending Rises

Posted: May 11, 2012 at 6:42 am

Spending for Mother's Day is expected to rise 8% from last year, according to the National Retail Federation. Either people love their mothers more than last year, of the ...
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Media Digest (5/10/12) Reuters, WSJ, NYT, FT, Bloomberg

Posted: May 10, 2012 at 6:27 am

Sony (NYSE: SNE) says it will return to profit and will cut its TV unit losses in half. (Reuters) Cisco Systems (NASDAQ: CSCO) warns about the economy as it releases ...
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24/7 Wall St. Closing Bell (AIG, COP, HSY, PSX, DMD, AOL, AGU, DTG, M, MPEL, TM, SODA, AMCX, MT, ESRX, MCP, JWN, NUAN, HNR, KSS, PEIX, CPWM, AMRS, ACI)

Posted: May 9, 2012 at 4:06 pm

The major US stock indexes opened sharply lower again this morning as investors consider Greece’s commitment to the austerity measures it had previously agreed to. Renegotiating the deal seems out ...
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Valero May Sell Shuttered Aruba Refinery to China (VLO, PTR, DAL, HES, CHK)

Posted: May 9, 2012 at 3:17 pm

In a filing yesterday with the Securities and Exchange Commission, oil refiner Valero Energy Corp. (NYSE: VLO) said that it has accepted an offer of $350 million plus working capital ...
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