Market News
Scotland Independence: As Banks Make Dire Warnings, Economists Wait For Details
IBTimes - 13 Sep 2014 02:31
Just a week before Scotland's citizens vote on whether or not to remain a part of the United Kingdom, Lloyds Banking Group PLC (LN:LLOY) and Royal Bank of Scotland Group (LN:RBS) made headlines when they said Wednesday t...
HP Exploring Sale Of Photo Sharing Service Snapfish: Source
IBTimes - 13 Sep 2014 05:31
(Reuters) - Hewlett-Packard Co is exploring the sale of its web-based photo sharing service Snapfish, and has held discussions with multiple private equity and industry buyers, a person with knowledge of the situation sa...
To Be Clear, SEC Reviewers Want Filings in Plain English, Period
Wall Street Journal - 13 Sep 2014 04:17
SEC lawyers and accountants are primarily on the prowl for accounting inconsistencies and breaches of securities regulations in filings, but they also chase down typos, sentence fragments, jargon, puffery and sloppy punc...
Air France May Cut Flights In Half During Pilots Strike Set To Start Monday
IBTimes - 13 Sep 2014 20:31
Air France anticipates it will cut its number of flights by about one-half during the pilots' strike currently called for Sept. 15-22, according to Frederic Gagey, the chairman and CEO of the French subsidiary of Air Fra...
Gold extends losses for 3rd day on subdued demand
livemint.com - 13 Sep 2014 12:45Darden Defends Progress, Posts Loss
Wall Street Journal - 13 Sep 2014 04:55
Darden Restaurants defended its efforts to turn around its struggling Olive Garden chain and said it is already implementing many of the cost-cutting initiatives that activist shareholder Starboard proposed Thursday nigh...
Battle for Club Med Heats Up Again
Wall Street Journal - 13 Sep 2014 03:29
A group led by China conglomerate Fosun International said Friday it has made a counterbid for the French resort operator.
The Week Ahead: Profiting From a Weak Euro
Forbes - 13 Sep 2014 01:07
It was a nervous week for the markets as September's history of weak stock performance kept some on the sidelines. The other main concern for the market (as overseas tensions subsided) was whether the FOMC may change its...