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EXCLUSIVE-Goldman offers top clients automated block trading
ReutersBy Lauren Tara LaCapra NEW YORK, June 13 (Reuters) - Goldman Sachs Group Inc has quietly offered some top clients a tool that allows them to plug into its trading system and buy or sell large blocks of stock electronically. The technology is part of...Tags: Computing and Information Technology Industry, Citigroup Incorporated, Banking, Goldman Sachs Group, Inc., Bank of America Corp.
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Revlon fined $850,000 by SEC, accused of misleading investors
Cosmetics giant Revlon Inc. is facing a $850,000 fine from the Securities and Exchange Commission, which alleges the company misled investors as it tried to tackle its debt. Without admitting or denying fault, the New York company agreed to settle...
Tags: U.S. Securities and Exchange Commission, Revlon Incorporated, Analysts' Comments
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Fox wraps upfront deals, Gannett buying Belo.
After the coffee. Before cleaning five days of mail off my desk. The Skinny: I've been listening to a lot of Jackson Browne lately. Might explain the somber mood. Anyway, back in Los Angeles after five days in D.C. I'll miss family but not the humidity....
Tags: American Idol (tv program), Belo Corporation, Lincoln (movie, 2012), Advertising, Career and Workplace
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SCA sees opportunities as rivals quit Europe
ReutersSTOCKHOLM (Reuters) - Europe's biggest hygiene products maker, Sweden's SCA , aims to grow its market share as rivals quit a difficult European market which shows no sign of recovery, its chief executive told Reuters on Thursday. "I actually don't see...Tags: Emerging Market, China, Corporate Performance, Sweden, Procter & Gamble
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EU not trying to weaken U.S. financial services rules - aide
ReutersBy Doug Palmer WASHINGTON, June 13 (Reuters) - The European Union does not want to use negotiations with the United States on a free trade agreement to weaken recent U.S. financial regulatory reforms, an EU official said on Thursday, responding to...Tags: White House, Finance, U.S. Congress, Financial Markets, Politics
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Infosys, after founder's return, hikes pay across the board
ReutersBANGALORE (Reuters) - Infosys, India's second-largest software services provider, announced pay increases for all eligible staff, in its first concrete step made public after the return of founder Narayana Murthy to an executive role. The company will...Tags: Cognizant Technology Solutions Corporation
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City Center Marriott expects more catering this year
TidewaterBizThe Newport News Marriott at City Center is expecting an additional $750,000 in catering revenue at the conference center this year over last year after pushing more e-commerce marketing, the general manager said. “The hotel is doing well in the...Tags: Charlottesville (Charlottesville, Virginia), Finance, Advertising, Event Planning, Hampton (Hampton, Virginia)
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Sour tone faces US bond markets after Japan rout
ReutersBy John Balassi June 13 (IFR) - Equity futures look bleak this Thursday morning following another rough outing for Japan's Nikkei index, which plunged over 6% overnight and is down around 20% in just three weeks. Recent bursts of volatility - and a lack...Tags: Computer Hardware, MidAmerican Energy Holdings Company , European Central Bank, Deutsche Bank AG, Nikkei
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Travel operator Transat expects to post profit this year
ReutersJune 13 (Reuters) - Canadian travel operator Transat AT Inc said it expected to return to profitability this year after it reported a smaller-than-expected quarterly loss as prices rose and its efforts to cut costs paid off. The company, which offers...Tags: Trips and Vacations, Travel, Holiday Vacations, Thomson Corporation
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EXCLUSIVE-US in antitrust probe of Lockheed-Boeing rocket venture
Reuters(Adds date of FTC document, sources saying FTC has requested for documentation) By Andrea Shalal-Esa WASHINGTON, June 12 (Reuters) - U.S. regulators have opened a probe into whether a Lockheed-Boeing joint venture that launches U.S. government...Tags: Companies and Corporations, Antitrust Issues, Russia, Alliant Techsystems Inc., Heavy Engineering
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Sobeys buys Safeway Canada in $5.7 billion 'game-changing' deal
ReutersTORONTO (Reuters) - Empire Co Ltd , the operator of Canadian grocery chain Sobeys, said it is acquiring Safeway Inc's assets in Canada for $5.7 billion, in a move that will nearly double its reach in the country's western provinces. The C$5.8 billion...Tags: Companies and Corporations, Earnings Forecasts, Safeway Inc., Buyback, Empire Company Limited
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RPT-Asia's low fertility trap opens opportunities in IVF market
ReutersBy Jane Wardell and Jackie Range SYDNEY, June 13 (Reuters) - A looming crisis in Asia as women delay giving birth, leading to low fertility rates that have dire implications for economic growth, is opening huge opportunities for the fast-growing in-vitro...Tags: Hospitals and Clinics, Politics, India, South Korea, Asia
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