RefBan

Referral Banners

Yashi

Monday, November 19, 2012

Business Today: Budget talk optimism spurs Wall Street rally

Click to View in Browser
11/19/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Budget talk optimism spurs Wall Street rally
NEW YORK (Reuters) - Stocks bounced higher for a second consecutive session on Monday as investors were encouraged by the early atmosphere surrounding talks to tackle the nation's fiscal crunch.
Hostess, union agree to mediation at judge's urging
WHITE PLAINS, New York (Reuters) - Hostess Brands Inc agreed in court on Monday to enter private mediation with its lenders and leaders of a striking union to try to avert the liquidation of the maker of Twinkies snack cakes and Wonder Bread.
Yahoo shares reach 18-month high as investors warm to new CEO
SAN FRANCISCO (Reuters) - Yahoo Inc shares reached their highest level in a year and a half, as investor confidence grows that new Chief Executive Marissa Mayer can pull off a comeback that eluded three of her predecessors.
Lowe's efforts to cut costs, spur sales paying off
(Reuters) - Lowe's Cos Inc's reported a higher-than-expected quarterly profit on Monday in a sign its efforts to cut costs and improve its selection of home improvement items are working.
Nasdaq CEO calls on Washington to rediscover compromise
WASHINGTON (Reuters) - Washington needs to rediscover its ability to compromise and commit to a long-term plan to reduce the nation's debt, the head of the country's second-largest stock exchange said on Monday, warning that lawmakers are flirting with disaster.
Intel CEO to retire as chipmaker struggles with mobile
SAN FRANCISCO/NEW YORK (Reuters) - Intel Corp's Chief Executive Officer Paul Otellini will retire sooner than expected and the top chipmaker said it may name an outsider for the position for the first time to steer a difficult transition toward mobile computing.
JPMorgan names insider Marianne Lake to be new CFO
NEW YORK (Reuters) - JPMorgan Chase & Co has named Marianne Lake, who is currently financial chief of the company's Consumer and Community Banking segment, to become the chief financial officer of the company.
Exclusive: Fidelity taps TD Ameritrade exec to lead brokerage
NEW YORK (Reuters) - Fidelity Investments has hired a TD Ameritrade executive to head its brokerage division.
NY Fed wins dismissal of ex-AIG CEO's bailout lawsuit
NEW YORK (Reuters) - The Federal Reserve Bank of New York won the dismissal of former American International Group Inc Chief Executive Maurice "Hank" Greenberg's $25 billion lawsuit accusing it of unlawfully bailing out the insurer during the 2008 financial crisis.
Big U.S. banks give $22 billion under mortgage relief deal
(Reuters) - Five U.S. banks have provided about $22 billion in mortgage relief to customers under a deal to settle borrowers' accusations over foreclosures, a report by the settlement's monitor said on Monday.
Related Video
Daily Digit: "Twilight" rings up $341 mln
British business fears over EU exit
Economic News
Housing recovery gains traction
Analysis: Weak data point to bigger economic drag from Sandy
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
Counterparties
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
 Money
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

Yashi

Chitika