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Market News

Location American Market News for 7 February 2015

Greece Could Run Out of Cash in Weeks

Wall Street Journal - 7 Feb 2015 07:24
A request by Greece to raise an extra $5 billion in short-term debt was immediately rejected by the European Central Bank. Eurozone finance ministers will meet Wednesday in the hope of moving closer to a deal.
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New York Hotel Gets Record Price From Chinese Buyer

Wall Street Journal - 7 Feb 2015 07:21
China's Sunshine Insurance Group has agreed to acquire the Baccarat Hotel in Manhattan for more than $2 million a room, a record valuation.
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Goldman Sachs' corporate reputation has risen from a dismal "very poor" to a humble "poor," according to poll results released Friday. That may be small consolation, however: The investment bank still ranks dead last on ...
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Govt announces capital infusion of Rs6,990 crore in public sector banks Nine public sector banks to get capital infusion; SBI to get Rs2,970 crore in the current fiscal
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US oil workers' strike expands to BP plants with talks on hold The nine US plants on strike and the two refineries headed for a walkout together total about 13% of the country's refining capacity
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TurboTax Pauses E-Filings on Fraud Concerns

Wall Street Journal - 7 Feb 2015 03:50
The largest online tax-software company in the U.S. temporarily halted electronic filing of all state returns after more than a dozen states spotted criminal attempts to obtain refunds through its systems.
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Oil Companies in the Cross Hairs in Libya

Wall Street Journal - 7 Feb 2015 03:01
Unrest in the North African country has increasingly targeted oil companies and their assets, upending long-term investments by Western companies and driving down production.
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U.S. stocks closed lower Friday, with the Dow briefly dropping more than 100 points during the last hour of trading after Standard & Poor's downgraded Greece's credit rating with a negative outlook, reigniting concerns a...
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Boeing Popular Amongst Latest 13F Filers

Forbes - 7 Feb 2015 00:12
At Holdings Channel, we have reviewed the latest batch of the 30 most recent 13F filings for the 12/31/2014 reporting period, and noticed that Boeing Co. (NYSE: BA) was held by 9 of these funds. When hedge fund managers ...
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