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NU Refreshes Its Debt With $750M In Notes
Northeast Utilities is borrowing $750 million in order to pay down other senior debt obligations as well as some of the company's more than $1 billion in short-term debt, according to filings with the Securities and Exchange Commission. After...Tags: U.S. Securities and Exchange Commission, Berlin, Economy, Business and Finance, U.S. Bancorp, Citigroup Incorporated
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Regulators to decide if app-based Uber must comply with taxi rules
The state Public Utilities Commission will schedule a formal hearing on whether to make Uber Technologies, which lets Baltimore customers hail a town car by smart phone, abide by regulations that govern taxi companies. The app-driven startup company Uber...
Tags: Rockville (Bethlehem, Pennsylvania)
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J.C. Penney real estate appraised at $4.06B
J.C. Penney Co. real estate holdings -- stores, distribution centers and headquarters -- are worth a total of $4.06 billion. The appraisal was disclosed on Tuesday in a presentation to potential lenders that was also filed with U.S. regulators. The 306...
Tags: JC Penney Company Inc., Ron Johnson, Morgan Stanley Dean Witter & Company
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Pressure intensifies on Bloomberg after new 'snooping' scandal twist
Evening Standard, LondonTHE Bloomberg "snooping" scandal widened today after the Bank of Japan said it was seeking details about which information the news company had allowed its journalists access too. A spokesman for Bank of Japan confirmed: "We are now contacting Bloomberg...Tags: Japan, Journalism, European Central Bank, Ben Bernanke, Federal Reserve
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Bloomberg in damage-control mode over client snooping
Officials at Bloomberg, the New York financial news and information service, scrambled to deal with an unfolding customer privacy scandal after admitting its journalists had snooped on business clients for years through its network of terminals ubiquitous...
Tags: U.S. Securities and Exchange Commission, Michael Bloomberg, Bloomberg L.P., European Central Bank, Thomson Corporation
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Schaumburg-based Global Brass & Copper plans 9M share IPO
Tribune reporterGlobal Brass & Copper Holdings Inc., a Schaumburg-based distributor and processor of copper and brass products, is planning an initial public offering of nearly 9.4 million of its shares for $15 to $17 a share. The company, whose chief investor is New...Tags: U.S. Securities and Exchange Commission, Stock Market, NYSE Euronext, Inc., Financing and Stock Offerings, Morgan Stanley Dean Witter & Company
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Bank of America makes booking gains look easy
Wouldn't it be nice if investing in the stock market were as easy as Bank of America Corp. is making it look? The second-largest U.S. lender this week settled a five-year legal battle with MBIA Inc., the struggling bond insurer, over losses tied to bad...Tags: Banking, Economy, Business and Finance, MBIA Incorporated, Finance, Bank of America Corp.
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Bloomberg editor calls journalists data access 'inexcusable'
ReutersBloomberg News Editor-in-Chief Matthew Winkler on Monday apologized for allowing journalists “limited” access to sensitive data about how clients used Bloomberg terminals, calling it “inexcusable." But he insisted that important...Tags: Michael Bloomberg, Germany, Bloomberg L.P., Journalism, European Central Bank
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Bloomberg CEO admits 'mistake' in snooping scandal
Bloomberg Chief Executive Daniel L. Doctoroff admitted that giving its journalists access to some subscriber information for its data terminals was "a mistake." The company went into damage control mode last week shortly after it disclosed that...
Tags: Bloomberg L.P., Federal Reserve, News Media
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Cloned: Inheritance Windfall: Record-Breaking Year For Estate Taxes Helps Fuel Budget Surplus
The Hartford CourantEven if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes. With no crystal ball and no idea when spectacularly wealthy Connecticut residents might die, state officials make an educated...Tags: CNBC (tv network), John McKinney, L. Scott Frantz, Stamford, Gerald Ford
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J.C. Penney woes may persist as Best Buy rebounds
For a while, J.C. Penney and Best Buy seemed to be doppelgangers. The two retailers struggled with intensifying competition after years of comfortable stagnation. Beset by Wall Street skepticism and shaky consumer loyalty, each made sweeping attempts at...
Tags: Macy's, JC Penney Company Inc., Credit Ratings, Best Buy Co., Inc., Citigroup Incorporated
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Fed: Some borrowers shortchanged in foreclosure settlement
Nearly 100,000 troubled borrowers were shortchanged on payments from Goldman Sachs Group Inc. and Morgan Stanley & Co., the Federal Reserve said — money intended to compensate for possible errors and abusesduring foreclosure proceedings in 2009...
Tags: Mortgages, Federal Reserve, JPMorgan Chase & Co., Financial and Business Services, Morgan Stanley Dean Witter & Company
May 15, 2013
|Story| Hartford Courant
May 15, 2013
|Story| Baltimore Sun
May 14, 2013
|Story| Chicago Tribune
May 14, 2013
|Story| McClatchy-Tribune
May 14, 2013
|Story| Los Angeles Times
May 13, 2013
|Story| Chicago Tribune
May 13, 2013
|Column| Allentown Morning Call
May 13, 2013
|Story| Chicago Tribune
May 13, 2013
|Story| Los Angeles Times
May 11, 2013
|Story| Hartford Courant
May 10, 2013
|Story| Los Angeles Times
May 9, 2013
|Story| Los Angeles Times
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