 Citigroup pays $158 million in mortgage fraud pact
(Reuters)
 15.02.2012 23:21  0 views  0 comments
Reuters - Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit. Read more »
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Greece seeks Monday bailout deal, EU questions remain
(Reuters)
15.02.2012 23:18 0 views 0 comments
Reuters - Greece expressed hope it can secure its second EU/IMF bailout in as many years and a deal on easing its debt burden next week, but its euro zone peers made clear the months of increasingly ill-tempered argument are not quite over yet. Read more »
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Comcast subscribers almost stop cancelling cable
(AP)
15.02.2012 23:16 0 views 0 comments
 AP - It's become the routine in the cable industry that subscribers stream out the door every quarter, hanging up on cable in favor of service from satellite or phone companies. But in the October to December quarter, Comcast Corp. nearly managed to stop that flow.
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Walmart wins with a back-to-basics approach
(Reuters)
15.02.2012 23:02 0 views 0 comments
Reuters - Wal-Mart Stores Inc's turnaround appears to be gaining traction as simple strategies like undercutting competitors by a penny on a gallon of milk are helping to restore its image as the go-to retailer for budget-conscious Americans. Read more »
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Lexus tops as survey finds more auto dependability
(AP)
15.02.2012 22:49 0 views 0 comments
 AP - Expect fewer breakdowns, squeaks, rattles or other problems with your car.
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Apple falls, drags Wall Street lower
(Reuters)
15.02.2012 22:46 0 views 0 comments
 Reuters - Stocks fell on Wednesday for the third session in four, with market direction largely dictated by the swings in shares of Apple, the largest company in the world.
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GM plans to freeze salaried workers' pensions
(AP)
15.02.2012 22:37 0 views 0 comments
AP - General Motors Co. plans to freeze its U.S. pension plan for longtime white-collar workers and give all salaried employees annual bonuses but not pay raises in an effort to hold down expenses, officials announced Wednesday. Read more »
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American Airlines' AMR posts $1.1 billion 4Q loss
(AP)
15.02.2012 22:27 0 views 0 comments
AP - The parent of American Airlines lost $1.1 billion in the fourth quarter as the company, which filed for bankruptcy protection in November, wrote down the value of planes and other property. Read more »
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Marriott 4Q profit falls despite higher revenue
(AP)
15.02.2012 22:12 0 views 0 comments
AP - Marriott International says its fourth-quarter net income fell 18 percent despite higher revenue, hurt by a one-time charge tied to the spinoff of its timeshare business. Read more »
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Apple falls, drags Wall Street lower
(Reuters)
15.02.2012 22:08 0 views 0 comments
Reuters - Stocks fell on Wednesday for the third session in four, with market direction largely dictated by the swings in shares of Apple, the largest company in the world.
Read more »
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Against tough odds, Sarkozy is seeking second term
(AP)
15.02.2012 22:03 0 views 0 comments
 AP - Nicolas Sarkozy threw himself Wednesday into what may be the toughest fight of his political career: Unpopular for years and running a feeble economy, the divisive French president announced he's running for a second term.
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Homebuilder optimism rises for 5th straight month
(AP)
15.02.2012 22:01 0 views 0 comments
 AP - U.S. homebuilders are gradually growing more optimistic about the depressed housing market and believe homes sales could pick up sharply when the spring buying season begins.
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Latest developments in Greece's financial crisis
(AP)
15.02.2012 21:54 0 views 0 comments
AP - Eurozone finance ministers Wednesday welcomed progress made by Greece in implementing strict austerity programs in return for a euro130 billion ($170 billion) bailout. However, the group wants to put the country under even tighter surveillance before the rescue funds are released. Read more »
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Eurozone calls for tighter Greek surveillance
(AP)
15.02.2012 21:46 0 views 0 comments
 AP - Greece has made progress convincing the rest of the eurozone that it should get a euro130 billion ($170 billion) bailout mdash; but the country's austerity efforts will need much tighter surveillance, the chairman of the eurozone's finance ministers said Wednesday.
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Citigroup pays $158M to settle mortgage fraud
(AP)
15.02.2012 21:40 0 views 0 comments
AP - Citigroup has agreed to pay $158.3 million to settle claims that its mortgage unit duped the U.S. government into insuring risky mortgage loans for over six years. Read more »
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Apple falls, and Wall Street follows
(Reuters)
15.02.2012 21:39 0 views 0 comments
Reuters - Stocks fell on Wednesday for the third session in four, with market direction largely dictated by the swings in shares of Apple, the largest company in the world.
Read more »
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World Bank's Zoellick to step down, U.S. eyes spot
(Reuters)
15.02.2012 21:36 0 views 0 comments
 Reuters - World Bank President Robert Zoellick said on Wednesday he will step down in June and Washington pledged to put a replacement candidate forward within weeks for a job that has always gone to an American.
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Citigroup pays $158 million in mortgage fraud pact
(Reuters)
15.02.2012 21:33 0 views 0 comments
Reuters - Citigroup Inc has agreed to pay $158.3 million to settle U.S. civil claims that it defrauded the government into insuring thousands of risky home loans made by its CitiMortgage unit. Read more »
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CBS 4Q earnings top views, but sales fall short
(AP)
15.02.2012 21:27 0 views 0 comments
AP - Broadcaster CBS says earnings rose 31 percent in the final quarter of 2011, thanks to licensing shows to online video companies such as Netflix. Read more »
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Greece says has cleared hurdles to bailout
(Reuters)
15.02.2012 21:21 0 views 0 comments
Reuters - Greek party leaders have met the final two demands set by the country's international lenders to seal a bailout, paving the way for a deal and an agreement to ease its debt burden to be announced on Monday, Finance Minister Evangelos Venizelos said. Read more »
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