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U.S. equity markets opened lower this morning as concerns about European markets reared up again. The U.K.’s PMI came in lower than expected and consumer confidence was lower, sending equities...
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Source: ThinkstockThe McGraw-Hill Companies Inc. (NYSE: MHP) is trying to defend itself against a suit coming from the Department of Justice that goes back to the ratings agency’s involvement in...
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Source: ThinkstockCritics of the behavior of the various ratings agencies may be getting some high-powered company. According to a report in The Wall Street Journal, the U.S. Department of Justice...
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With its revenue still falling and its new CEO under fire from his term as head of the BBC, speculation can begin again about whether the family trust that owns The New York Times Company (NYSE: NYT)...
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Source: thinkstockEurozone and International Monetary Fund officials set a deal for Greece. (Reuters)Privacy groups ask Facebook Inc. (NASDAQ: FB) to change new privacy policies. (Reuters)Investors...
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Source: ThinkstockThe education division of The McGraw-Hill Companies Inc. (NYSE: MHP) has been sold to subsidiaries of Apollo Global Management LLC (NYSE: APO) for $2.5 billion the company announced...
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U.S. equity markets opened higher this morning following the report on U.S. non-farm payrolls and the U.S. unemployment rate. Payrolls rose by 171,000, better than expected, and the unemployment rate...
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U.S. equity markets opened higher following a spate of moderately good news on U.S. employment. The ADP report showed job gains (more coverage here), and the report on new claims for unemployment...
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Last week the International Organization of Securities Commissions (IOSCO) issued a report largely gave the world’s oil trading markets a pass. It didn’t want to, but the original draft which...
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The three major U.S. stock indexes opened slightly higher this morning following a refusal by Spain’s prime minister to seek an immediate bailout and low readings on eurozone PMI (more coverage...
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Source: Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Wednesday.American Axle & Manufacturing Holdings Inc. (NYSE: AXL) raised...
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At last week’s Rio+20 conference in Brazil, a representative of Standard & Poor’s Latin American office told a panel on sustainable development that “banks and utilities are unlikeloy to...
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Standard & Poor’s Indices, a division of the McGraw-Hill Companies (NYSE: MHP), has announced changes to two stock indexes that are scheduled to occur next week.Patriot Coal Corp. (NYSE: PCX) is...
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Editor’s Note: The New York Times reports that one of TIME, Inc.’s big three weeklies, which include TIME, People, and Sports Illustrated, will lay off a number of employees. According to...
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Dun & Bradstreet Corp. (NYSE: DNB), one of the venerable names in business and credit data, is taking some lumps this morning following lowered fiscal year forecast and the closure of one of the...
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