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It's report card time for electric companies, for their performance during Hurricane Sandy
Watchdog with Paul MuschickThe state Public Utility Commission issued a report today to state lawmakers about how electric companies performed during Hurricane Sandy. Overall, the commission gave utilities high marks, but suggested areas for improvement. Utilities turned to... -
WRAPUP 1-Wall St commodity slump deepens in Q1, led by Morgan Stanley
Reuters* Morgan Stanley Q1 commodity revenues fall 77 pct * Total commodity revenues on Wall Street down 54 pct-Coalition By David Sheppard and Barani Krishnan NEW YORK, May 15 (Reuters) - Global investment banks suffered another bruising decline in commodity...Tags: Investments, Economy, Business and Finance, Federal Reserve, Goldman Sachs Group, Inc., Morgan Stanley Dean Witter & Company
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Banks' Q1 commodities revenue down 54 pct year-on-year -study
ReutersMay 15 (Reuters) - Commodities revenue at the world's 10 largest investment banks fell by more than half in the first quarter of this year versus the same period of 2012 due to lower market and client activity, analytics firm Coalition said on Wednesday....Tags: Investments
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HSBC may cut 14,000 more jobs as revenue faces pressure
ReutersHONG KONG/LONDON (Reuters) - HSBC will redouble cost-cutting efforts, including axing up to 14,000 more jobs, but Europe's largest bank was forced to soften a key performance target in the face of muted revenue. London-headquartered HSBC is seeking up to...Tags: China, Investments, Business Enterprises, Hong Kong, Banking
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Major market operators to build cash pool for derivatives trades
ReutersBy Huw Jones LONDON, May 13 (Reuters) - Two of the world's biggest market infrastructure companies are joining forces to help banks track down enough cash to underpin their derivatives trades, spurred by new regulation that aims to make safe a...Tags: Investments, Economy, Business and Finance, Marketing, Business Enterprises, Finance
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COLUMN-Tennessee Valley Authority to remain publicly owned: Kemp
ReutersBy John Kemp LONDON, May 10 (Reuters) - For free-market purists, the Tennessee Valley Authority (TVA) is a monstrous hybrid - part giant electric producer, part government agency. The Obama administration has announced a strategic review that could...Tags: Floods, Investments, Bodies of Water, Hydroelectricity, Tennessee Valley Authority
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Chinese investors to fund Pa. turnpike I-95 connection
(MCT) — To help pay for the construction of the long-awaited connection between the Pennsylvania Turnpike and I-95, turnpike officials plan to borrow $200 million from wealthy foreign investors. The investors, expected to be primarily from China,...Tags: Bucks County, Finance, O'Hare International Airport, Migration, Business
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An eye for a deal could replace Ferguson's football focus
ReutersBy Sinead Cruise LONDON, May 9 (Reuters) - Retiring as coach of English soccer team Manchester United will give Sir Alex Ferguson, who famously described himself as "such a bloody talented guy", more time for the other strings in his bow, including a...Tags: Sports, Property, Horse and Harness Racing, Rentals, Finance
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Left wing set to win in Canada's BC, may reshape energy policy
ReutersBy Jennifer Kwan VICTORIA, British Columbia, May 9 (Reuters) - The left-leaning New Democrats are set to reshape energy policy in Canada's Pacific province of British Columbia if, as expected, they seize power from the Liberals in Tuesday's elections...Tags: Personal Income, Kinder Morgan Incorporated, Upstream Oil and Gas Activities, Environmental Issues, Elections
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Stifel's first-quarter profit hit by merger-related charges
ReutersMay 9 (Reuters) - Stifel Financial Corp said on Thursday its profit during the first quarter was hit by merger-related charges from its acquisition of smaller rival KBW Inc, but pointed to the strong performance of its wealth management division. The St....Tags: Companies and Corporations, Investments, Economy, Business and Finance, Thomson Corporation, Business Enterprises
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Illinois considers extending tax break to small businesses
Legislators are considering a bill that would expand the scope of the state's main economic development program to small businesses. House Bill 1336 calls for eliminating a requirement that companies make a capital investment in the state of at least $1...
Tags: Personal Income, Small Businesses, Investments, Executive Branch, JPMorgan Chase & Co.
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Canadian Tire plans C$3.5 billion REIT, shares soar
Reuters(Reuters) - Canadian Tire Corp , best-known for its namesake automotive and homeware stores, said it plans to create a C$3.5 billion ($3.5 billion) real estate investment trust through an initial public offering in the fall of 2013. The company, which...Tags: Mutual Funds, Edward Jones, Property, Stock Market, Toronto Stock Exchange
May 7, 2013
| Allentown Morning Call
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 10, 2013
|Story| Reuters
May 10, 2013
|Story| Allentown Morning Call
May 9, 2013
|Story| Reuters
May 9, 2013
|Story| Reuters
May 9, 2013
|Story| Reuters
May 10, 2013
|Story| Chicago Tribune
May 9, 2013
|Story| Reuters
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