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By Nandini Sukumar, Bloomberg |
December 19, 2012
London Stock Exchange Group Plc cut its bid for a majority stake in LCH.Clearnet Group Ltd. by 30% after European regulators forced the clearinghouse to boost capital.
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By Inyoung Hwang, Bloomberg |
December 17, 2012
The U.S. budget debate is holding stocks hostage, as chief executive officers prepare to cut capital spending for the first time since 2009 should President Barack Obama and Congress fail to reach an accord.
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By Rita Nazareth and Susanne Walker, Bloomberg |
December 13, 2012
U.S. stocks fell, halting a six-day rally in the Standard & Poor’s 500 Index, as the standoff in federal budget negotiations overshadowed a drop in jobless claims and growth in retail sales.
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By Susanne Walker, Bloomberg |
November 29, 2012
Treasuries erased losses after Republican House Speaker John Boehner said “no substantive progress” has been made in talks to avert the so-called fiscal cliff, boosting demand for haven assets.
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By Phil Mattingly and Margaret Cronin Fisk, Bloomberg |
November 15, 2012
BP Plc reached a settlement with the U.S. government for $4.5 billion that will end all criminal charges and resolve securities claims relating to the worst U.S. oil spill.
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By Nandini Sukumar, Bloomberg |
November 6, 2012
Bats Chi-X Europe plans to become the region’s first alternative trading system to register as an exchange in a renewed challenge to traditional bourses such as London Stock Exchange Group Plc.
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By Steve Zwick |
November 1, 2012
Corzine may have moved rogue trading to the boardroom, but that’s only the latest in a line of offenses.
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By Liz Capo McCormick and Daniel Kruger, Bloomberg |
October 22, 2012
The world’s biggest bond traders say the Federal Reserve will decide before year-end to buy Treasuries in addition to purchasing $40 billion of mortgage bonds a month
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By Dakin Campbell, Bloomberg |
October 16, 2012
Wells Fargo & Co., the biggest U.S. home lender, is restructuring sales and trading operations to form a new markets division at its investment bank as the firm challenges more established Wall Street rivals.
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By Aaron Ricadela, Bloomberg |
October 4, 2012
Meg Whitman’s strategy for turning around Hewlett-Packard Co. failed to convince investors looking for speedier recovery and more sweeping change at a company struggling to compete in everything from personal computers to technology services.