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Updated: 5 hours 1 min ago

Why Sandy Weill Is Wrong About How to Fix the Banking System

Mon, 07/30/2012 - 12:00pm
"The fact Sandy Weill is coming forward is significant," says Laurence Kotlikoff, professor of economics at Boston University. "But he's got the wrong view of what's wrong with the banks."

Roper Shares Surge on Earnings, Acquisition

Mon, 07/30/2012 - 12:00pm
Roper Industries saw its share price spike 10% in early trade Monday to $108.89, a 52-week high.

Will the Dow Tap 20K by 2022?

Mon, 07/30/2012 - 10:50am
"The key problem today is that fear has become so preeminent that it's trumping really common sense -- and the common sense is the world is not going to end tomorrow," says Bernstein Global Wealth Management's Seth Masters.

Media Stocks That Will Benefit From Record Election Ad Spending

Mon, 07/30/2012 - 10:50am
"We're going to see a huge flood in the next 90 days of television advertising that's never been equaled," says Porter Bibb, managing partner of MediaTech Capital Partners.

China Calls for Private Investment in Key Fields

Mon, 07/30/2012 - 10:50am
China's government said it will launch projects to attract private investment in energy, health and other industries as it tries to reverse an economic slump.

JPMorgan Bankers Said to Depart for Evercore, Centerview

Mon, 07/30/2012 - 10:50am
Three JPMorgan Chase investment bankers are leaving for Evercore Partners and Centerview Partners, the latest dealmakers to depart a global lender for a merger advisory boutique.

Green Mountain CEO Faces Percolating Issue of Who's Boss

Mon, 07/30/2012 - 9:45am
With Green Mountain poised to report its slowest quarterly sales growth since 2005, CEO Lawrence J. Blanford faces pressure to prove the company is a sustainable business.

U.S. Audit: $200M Wasted on Iraqi Police Training

Mon, 07/30/2012 - 9:45am
U.S. auditors have concluded that more than $200 million was wasted on a program to train Iraqi police that Baghdad says is neither needed nor wanted.

Earnings Season: It’s the Revenue, Stupid!

Mon, 07/30/2012 - 8:40am
"Only 42% of companies have beat revenue estimates so far, well below an average of 60% from the last four years," says John Butters, senior earnings analyst at FactSet.

Banks Cooperate, Seek Leniency in EU Euribor Probe

Mon, 07/30/2012 - 8:40am
Several banks under investigation for suspected rigging of euro interest rates have joined Deutsche Bank in giving information to EU antitrust regulators in the hope of lower fines if they are found guilty.

Draghi on Offensive as Game Changer Sought in Crisis Battle

Mon, 07/30/2012 - 7:25am
European Central Bank President Mario Draghi has gone on the offensive as he seeks a gamechanger in the battle against the sovereign debt crisis.

Apple Discussed Investing in Twitter

Mon, 07/30/2012 - 7:25am
Apple and Twitter held discussions more than a year ago about Apple possibly making a strategic investment in the short-messaging service.

Is Gold Getting Ready for Take-Off?

Mon, 07/30/2012 - 7:25am
It wasn’t really very much -- gold ended the week up just over 2%-- but it’s really got people excited.

Renunciations by U.S. Citizens Fall

Mon, 07/30/2012 - 7:25am
The number of Americans renouncing U.S. citizenship fell by nearly two-thirds in the second quarter, according to a list released by the Treasury Department.

HSBC Takes $700M Money-Laundering Hit

Mon, 07/30/2012 - 7:25am
HSBC is to take a $700 million charge to cover the cost of U.S. fines arising from its failure to stamp out money-laundering at the bank.

Shanghai May Mark Shares Tied to Multi-Year Losses

Mon, 07/30/2012 - 7:25am
The Shanghai Stock Exchange is considering new rules that would add a special tag to shares of firms with two or more years of consecutive losses.

They Can’t Build Homes Fast Enough Here

Mon, 07/30/2012 - 7:25am
People in most housing markets are elated about trends showing that home prices are on the way up and a housing recovery could be underway.

Zames Elevated From JPMorgan Battlefield to Dimon's War Council

Mon, 07/30/2012 - 7:25am
Twice in the past 100 days, JPMorganChase CEOJamie Dimon has turned to a 41-year-old former hedge-fund trader to tackle challenges facing the largest U.S. bank.

Spanish GDP Contracts 0.4% in Second Quarter

Mon, 07/30/2012 - 7:25am
Spanish gross domestic product contracted 0.4% in the second quarter, versus the prior quarter, according to preliminary estimates released by the national statistics office Monday.

UK sets out terms of urgent Libor review

Mon, 07/30/2012 - 6:00am
Britain's government set out the terms for a revamp of a key interest rate rigged by a number of banks, including Barclays , saying on Monday that urgent reform is required. The review will be conducted ...

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