Business and Finance News
Treasurys mixed on earnings, new jobless claims
Sign on San Diego
NEW YORK Treasury prices are trading mixed after U.S. companies reported strong earnings and the government said new jobless claims fell but remain elevated. The price of the 10-year note... Citigroup paying $75M to settle fraud charges
Sign on San Diego
WASHINGTON Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 200... Feds OK project to drill under, not on, wild areas
Seattle Post-Intelligencer
By PAUL FOYASSOCIATED PRESS WRITER SALT LAKE CITY -- An energy company received federal approval Thursday to open one of Utah's biggest natural gas fields by agreeing to use new technology to drill... Citigroup paying $75M to settle civil charges
Miami Herald
WASHINGTON -- Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007.Th... Shell could pursue BP for Gulf damages
Guardian
Royal Dutch Shell CEO Peter Voser said 'no comment' when asked if the firm would pursue damages claims against BP. Photograph: Jim Watson/AFP/Getty Images FSA remuneration code: bonus rules
Guardian
The Financial Services Authority remuneration code is intended to end the practice that was common before the banking crisis that bankers received 100% of their annual bonus in cash. The basic element... Ameriprise Doubles Up On Earnings
Forbes
After the bell on Wednesday, Ameriprise Financial said the company earned $259 million in the second quarter, doubling the amount made a year earlier. Excluding investment gains and losses, the compan... Ameriprise Doubles Up On Earnings
Forbes
After the bell on Wednesday, Ameriprise Financial said the company earned $259 million in the second quarter, doubling the amount made a year earlier. Excluding investment gains and losses, the compan... Microsoft expanding cloud strategy, exec says
Computerworld
IDG News Service - Microsoft is shifting its strategy away from pitching itself as a company that can offer companies a choice of software or hosted services, toward pushing the cloud, an executive sa... Surrey Bancorp earnings higher
Business Journal
, the parent company of Surrey Bank & Trust, earned a profit of $550,773 in the second quarter, up from $416,151 a year earlier, according to an earnings announcement. The Mount Airy-based Surrey... Citigroup paying $75M to settle civil charges
The Seattle Times
Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007. Exxon Mobil's 2Q earnings more than double
The Seattle Times
NEW YORK — Exxon Mobil Corp. said Thursday its second quarter income nearly doubled to $7.56 billion as oil prices increased from last year. It's Exxon's highest quarterly profit since the $7.8... Surrey Bancorp earnings higher
Business Journal
, the parent company of Surrey Bank & Trust, earned a profit of $550,773 in the second quarter, up from $416,151 a year earlier, according to an earnings announcement. The Mount Airy-based Surrey... 70% of Microsoft cloud 'wins' are new customers
Beta News
Microsoft COO Kevin Turner made the bold statement this morning during the company's annual FInancial Analyst Meeting. "One of the most exciting things about our cloud strategy is that 70 percent of t...
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