ECB: Speculation Over Bond Buying Plan Misleading
The European Central Bank said it is misleading to talk about a future bond-buying program that has not yet been fully planned.
ECB's Asmussen: Greek Exit Manageable, Not Preferable
A European Central Bank policymaker said he would prefer it if the crisis-stricken country remained within the single currency bloc.
J.P.Morgan Selects Panel for 'Whale' Inquiry
The bank reportedly picked Lee Raymond, ex-chief executive of Exxon Mobil, to head an inquiry into losses in a credit derivative portfolio.
Preventive Maintenance for Your Rental Property
By inspecting your property regularly for a few of these minor issues and mending them, you’ll save yourself and your tenants the inconvenience and huge expense.
McCormick Buying China's Wuhan For $141 Mln
McCormick & Co. said Monday it'll pay $141 million to buy Wuhan Asia-Pacific Condiments Co. (WAPC), the maker of DaQiao and ChuShiLe bouillon products, in China.
Treasurys Slip On ECB Bond-buying Report
Treasury prices fell on Monday, pushing yields down, after Germany's Der Speigel reported the European Central Bank is considering a plan to cap euro-zone government bond yields.
White House Mulls Emergency Oil Release
The Obama administration is reviving talks over the possible release of U.S. emergency oil supplies as the price of crude oil tops $95 a barrel, an administration official said.
HTC to Book $40 Million Investment Loss; Announces Plan to Buy US Software Developer Stake
HTC Corp. (2498.TW) on Monday unveiled a plan to acquire 17.1% of U.S. software developer Magnet Systems Inc. for $35.4 million, just hours after the Taiwanese smartphone maker disclosed an investment loss of US$40 million on another acquisition it made more than a year ago.
FMC Paying $285 Mln For Canada's Pure Energy Svcs
FMC Technologies Inc. said Monday it'll pay $285 million in cash to buy Calgary-based oilfield services company Pure Energy Services Ltd .
EUROBONDS: Banks Take Advantage of Calm August to Issue Debt
A variety of financial issuers are taking advantage of a very positive and calm August to raise money in the European primary bond market with the cost of insuring European corporate debt against default sitting at lows not seen since the beginning of May.