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For Detroit in crisis, next six weeks determine bankruptcy fate
ReutersDETROIT (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to meet a self-imposed, six-week deadline to...Tags: AFSCME, Financial Markets, Insurance, Career and Workplace, Wage Contract Issues
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U.S. RESEARCH ROUNDUP: Boeing, Gap Inc, Groupon, Priceline
ReutersMay 10 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Boeing and Groupon, on Friday. HIGHLIGHTS * Boeing : SocGen raises to hold from sell; price target to $94 from $86 * Gap...Tags: Gap Inc., Dover Corporation, AvalonBay Communities Incorporated, EMC Corporation, MarkWest Energy Partners LP
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U.S. RESEARCH ROUNDUP: Yahoo, News Corp, Rackspace, Groupon, LivePerson
ReutersMay 9 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Yahoo and News Corp, on Thursday. HIGHLIGHTS * Yahoo : Raymond James raises price target to $30 from $27; rating outperform...Tags: Lionbridge Technologies Incorporated, Maidenform Brands Incorporated, Franklin Resources Incorporated, Medifast Incorporated, Ormat Technologies Incorporated
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Goldman Sachs must face fraud claims from insurer -N.Y. court
ReutersBy Joseph Ax NEW YORK, May 7 (Reuters) - Goldman Sachs Group Inc must face fraud claims brought by CIFG Assurance North America over insurance it provided for $275 million in mortgage-backed securities, a New York state appeals court ruled on Tuesday....Tags: Justice System, Manhattan (New York City), Insurance, Goldman Sachs Group, Inc., Breach of Contract
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SEC accuses Harrisburg of misleading municipal bond buyers
WASHINGTON -- The Securities and Exchange Commission Monday accused the city of Harrisburg of making misleading statements to municipal bond investors as its financial condition deteriorated in 2009. The city, Pennsylvania's capital, agreed to...Tags: Public Officials, Harrisburg (Dauphin, Pennsylvania), Finance, U.S. Securities and Exchange Commission, Bonds
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Flagstar to pay $110 mln to settle MBIA mortgage lawsuit
ReutersBy Nate Raymond NEW YORK, May 2 (Reuters) - Flagstar Bancorp Inc said Thursday it would pay $110 million to settle a lawsuit by MBIA Inc accusing the bank of misrepresenting the quality of loans underlying $1.1 billion in mortgage-backed securities....Tags: Manhattan (New York City), Justice System, Insurance, Laws, Bank of America Corp.
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U.S. RESEARCH ROUNDUP: MasterCard, Visa, Facebook, Las Vegas Sands
ReutersMay 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Visa and Facebook, on Thursday. HIGHLIGHTS * MasterCard Inc : Nomura cuts target price to $593 from $611; rating buy * DXP...Tags: Arthur J. Gallagher & Company, Covance Incorporated, Delphi Corp, Franklin Resources Incorporated, Renewable Energy
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Possible Stockton bankruptcy sets up employee pensions battle
The city of Stockton's impending bankruptcy case sets up a battle over employee pensions. A federal judge ruled Monday that Stockton was eligible for bankruptcy protection, rebutting Wall Street creditors who claimed the city was not. U.S....Tags: Justice System, California Public Employees' Retirement System, Crime, Law and Justice, Google Inc., Interior Policy
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Revised ACT 47 Plan Released for City of Harrisburg
The Act 47 coordinator for the City of Harrisburg has submitted the revised financial recovery plan to the city, the Department of Community and Economic Development announced today.
Adjustments were made to the plan based on feedback the coordinator...Tags: Harrisburg (Dauphin, Pennsylvania), Waste Management Incorporated, Finance
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The Morning Fix: YouTube scores win! Lions Gate and MGM might make one big cat. Weinstein Co.'s ninth life. Spitzer's new hourly gig
Company TownAfter the coffee. Before figuring out what Eliot Spitzer's CNN paycheck breaks down to on an hourly basis. YouTube wins against Viacom. Google's YouTube won in its copyright-infringement battle with Viacom. At issue was whether YouTube had been aggressive...
May 19, 2013
|Story| Reuters
May 10, 2013
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May 9, 2013
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May 7, 2013
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May 6, 2013
|Story| Allentown Morning Call
May 2, 2013
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May 2, 2013
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Apr 2, 2013
|Story| Los Angeles Times
Jul 8, 2011
|Story| WPMT-LTV
Jun 24, 2010
| Los Angeles Times
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