Thu Jun 30, 2011 4:58am EDT (Reuters) Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.1 to 0.3 percent. (Reuters) Stock index futures pointed to a higher open on Wall Street on Thursday, with [...]
By Daniel Flynn and Dina Kyriakidou ATHENS | Thu Jun 30, 2011 3:47am EDT ATHENS (Reuters) – The streets of the Greek capital were calm on Thursday ahead of a vote expected to approve a final austerity bill that is needed to avert default. ATHENS (Reuters) – The streets of the [...]
By Jonathan Stempel and Ben Berkowitz NEW YORK | Thu Jun 30, 2011 3:36pm EDT NEW YORK (Reuters) – MBIA Inc (MBI.N) may pursue a lawsuit accusing Bank of America Corp’s (BAC.N) Countrywide Financial unit of fraudulently misleading it about mortgage securities it insured, costing at least $1.4 billion. NEW YORK [...]
By Grant McCool NEW YORK | Thu Jun 30, 2011 5:00pm EDT NEW YORK (Reuters) – Arthur Cutillo, a former lawyer with the well-known Ropes & Gray law firm who admitted leaking corporate secrets in exchange for $32,500 in cash, was sentenced on Thursday to 2-1/2 years in prison for his [...]
By Kyle Peterson CHICAGO | Thu Jun 30, 2011 3:19pm EDT CHICAGO (Reuters) – An avalanche of airplane orders from the largest U.S. airlines may be on the way, with at least four major carriers in talks to buy fuel-efficient narrow-body planes to renew aging fleets. CHICAGO (Reuters) – An avalanche [...]
NEW YORK | Thu Jun 30, 2011 5:04pm EDT NEW YORK (Reuters) – Convicted Galleon hedge fund founder Raj Rajaratnam will be sentenced on September 27, a federal judge ordered on Thursday, postponing the proceeding from July 29 in the biggest insider trading case of a generation. NEW YORK (Reuters) – Convicted [...]
Thu Jun 30, 2011 4:57pm EDT (Reuters) – Toyota Motor Corp (7203.T) will continue to slash costs in a bid to swing back to an operating profit on a parent-only basis, The Nikkei business daily reported. (Reuters) – Toyota Motor Corp (7203.T) will continue to slash costs in a bid to swing back [...]
WASHINGTON | Thu Jun 30, 2011 4:09pm EDT WASHINGTON (Reuters) – Treasury Secretary Timothy Geithner has signaled to White House officials that he is considering leaving the administration after a deal to raise the debt limit is reached, Bloomberg News reported on Thursday, citing three anonymous sources. WASHINGTON (Reuters) – Treasury Secretary [...]
ATLANTA | Thu Jun 30, 2011 3:39pm EDT ATLANTA (Reuters) – Lockheed Martin’s (LMT.N) aeronautics unit said on Thursday that it plans to cut about 1,500 jobs to reduce costs. ATLANTA (Reuters) – Lockheed Martin’s (LMT.N) aeronautics unit said on Thursday that it plans to cut about 1,500 jobs to reduce costs. [...]
WASHINGTON | Thu Jun 30, 2011 4:41pm EDT WASHINGTON (Reuters) – The vast majority of self-directed investors say they don’t understand the fees their brokers charge, and they aren’t happy about it, says a new survey. WASHINGTON (Reuters) – The vast majority of self-directed investors say they don’t understand the fees their [...]