Moody's downgrades 10 US banks, warns of possible cuts to othersMoody's cut the ratings of 10 U.S. banks by one notch and placed some banking giants on review for potential downgrades. The agency also ch...
08 Aug, 2023, 09.07 AM IST
US regulators to unveil plan for banks to build cash reservesRegulators in the US are set to propose a rule that could increase capital requirements for larger banks, thus forcing them to cut costs an...
27 Jul, 2023, 09.44 AM IST
Crypto Dogecoin soaring, crashes Robinhood token tradingOther so-called altcoins also took off, with Dash spiking as much as 14% and Ethereum Classic jumping more than 30%.
04 May, 2021, 09.00 PM IST
Lupin on buying spree; to acquire German company Temmler Pharma's product portfolioA day after announcing its biggest acquisition deal of $880 million, Lupin today said it will buy Germany-based Temmler Pharma's specialty ...
24 Jul, 2015, 07.37 PM IST
Hedge funds most bullish on silver in 7 months on hope it will outperform goldInvestors' holdings are expanding toward a record on speculation silver will beat gold as central banks seek to boost growth.
28 Sep, 2012, 09.51 AM IST
- Hedge funds boost bullish bets on hopes of stimulus
Hedge funds raised their bullish commodity bets as mounting speculation that central banks will announce more economic stimulus halted a sl...
19 Jun, 2012, 03.50 AM IST
- Can a business-led recovery keep US above water?
For months, chief executives from General Electric Co's Jeff Immelt to United Parcel Service Inc's Scott Davis have said that business inve...
28 Jul, 2010, 11.04 PM IST
- IPOs made in USA catching up with China
US initial public offerings, which dried up two months ago, are now outperforming IPOs from Brazil and closing in on China.
22 Apr, 2010, 12.45 AM IST
- China IPOs fail 'trust' test on Wall St
Chinese cos record longest slump in five years. Shares fell an average 4.8% in their first month of trading on US stock exchanges in the la...
26 Feb, 2010, 01.31 AM IST
- Regulators close banks in Colorado, Mich, Minn
Regulators have shut Warren Bank in Warren, Mich., and two small banks in Colorado and Minnesota, boosting the number of failed US banks th...
03 Oct, 2009, 07.51 PM IST
- Goldman Sachs beats Street with record earnings
Goldman Sachs Group posted record earnings, beating estimates, as revenue from trading and stock underwriting reached all-time highs less t...
15 Jul, 2009, 12.31 AM IST
- Goldman Sachs, Morgan Stanley, JPMorgan to repay TARP money
Goldman Sachs Group Inc, JPMorgan Chase & Co and Morgan Stanley applied to refund a combined $45 billion of government funds.
20 May, 2009, 12.33 AM IST
- Finance unit drags GE's profit down 35% to $2.8 billion
General Electric Co's first-quarter profit fell less than analysts estimated as demand for energy equipment and jet engines tempered the ef...
18 Apr, 2009, 02.52 AM IST
- US govt buys $159 bn worth shares in 30 American banks
The US government, under its $700-billion bailout plan, has purchased shares in 30 American banks for a total of over $ 150 billion. Slowdo...
18 Nov, 2008, 07.59 PM IST
- 110 US banks have asked for $170B from bailout
At least 110 banks have requested more than $170 billion from the Treasury Department's rescue fund.
15 Nov, 2008, 12.49 PM IST
- P&G may sell Duracell, Pringles
Procter & Gamble might raise as much as $13.5 billion selling its Duracell battery, Folgers coffee and Pringles potato chip units to buy ba...
03 Oct, 2007, 12.48 AM IST
- Crowded sky: US Air-Delta union may trigger fare war
A potential merger between US Airways and Delta Air Lines would force the combined airline to shed some overlapping services, but the sale ...
30 Nov, 2006, 12.44 AM IST