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Stock index futures signal mixed start

Top Finance News - Fri, 07/20/2012 - 5:35am
Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 contracts up 0.1 percent at 4.22 a.m. ...

Shares, oil ease; euro dips on Spain worries

Top Finance News - Fri, 07/20/2012 - 3:05am
Asian shares were poised for their biggest weekly gain since January, though they eased on Friday as worries about the euro outweighed strong U.S. corporate earnings that lifted the S&P 500 to a 2-1/2 ...

Mayer gets $70 million pay package to lead Yahoo

Top Finance News - Fri, 07/20/2012 - 3:05am
New Yahoo Chief Executive Marissa Mayer's compensation package could total more than $70 million in salary, bonuses, restricted stock and stock options over five years, according to a regulatory filing ...

U.S. looking to sell remaining bailout securities: WSJ

Top Finance News - Fri, 07/20/2012 - 3:05am
The U.S. government is planning to sell billions of dollars of assets ranging from bank shares to troubled mortgage securities that were bought at the height of the financial crisis four years ago, the ...

Auto companies to add jobs, expand plants: survey

Top Finance News - Fri, 07/20/2012 - 3:05am
Auto companies will hire more people and expand plants over the next year to keep up with increasing consumer demand for vehicles to replace aging cars and trucks, according to a report released on Friday. ...

Eurogroup to approve Spanish banking sector bailout

Top Finance News - Fri, 07/20/2012 - 3:05am
Euro zone finance ministers are expected to approve an agreement on Friday to lend up to 100 billion euros to Spain so it can recapitalize its banks, but the exact size of the loan will probably only be ...

China to investigate U.S., South Korean solar materials imports

Top Finance News - Fri, 07/20/2012 - 3:05am
China will open investigations into imported U.S. and South Korean solar-grade polysilicon, the country's trade ministry said on Friday, in the latest instance of growing tensions between major solar manufacturers. ...

Exclusive: Banks in Libor probe consider group settlement-sources

Top Finance News - Thu, 07/19/2012 - 11:10pm
A group of banks being investigated in an interest-rate rigging scandal are looking to pursue a group settlement with regulators rather than face a Barclays-style backlash by going it alone, people familiar ...

Proposed Dewey settlement extended to August 7

Top Finance News - Thu, 07/19/2012 - 11:10pm
The deadline for former partners of bankrupt law firm Dewey & LeBoeuf to reach a settlement has been extended until August 7, according to a former partner who received a copy of an email notice issued ...

Google Internet business defies econ worries, ad clicks surge

Top Finance News - Thu, 07/19/2012 - 11:10pm
Google Inc's core Internet business increased revenue by 21 percent in the second quarter, easing Wall Street worries that a slumping global economy would take a toll on the company's online advertising. ...

Euro zone woes spur UK property bargain hunt

Top Finance News - Thu, 07/19/2012 - 8:25pm
UK property businesses are hunting for bargains in the country's battered real estate market, encouraged by heavy discounts that show how the euro zone crisis has hit confidence in the sector, Lloyds Banking ...

Some Codelco contractors to strike, firm says output safe

Top Finance News - Thu, 07/19/2012 - 8:25pm
Around 500 contract workers at three of world No. 1 copper producer Codelco's massive northern deposits will strike on Friday, the national federation of contract workers said, but Codelco said the unrest ...

Mayer gets $70 million pay package to lead Yahoo

Top Finance News - Thu, 07/19/2012 - 6:40pm
New Yahoo Chief Executive Marissa Mayer's compensation package could total more than $70 million in salary, restricted stock, and stock options over five years, according to a regulatory filing made by ...

Google's Internet biz roars even as ad rates slide

Top Finance News - Thu, 07/19/2012 - 6:40pm
Google Inc's revenue increased 21 percent as strength in its Internet advertising business offset a persisting drop in ad rates, stirring hopes among investors the Web search leader is close to slowing ...

Microsoft posts quarterly loss but beats Wall Street

Top Finance News - Thu, 07/19/2012 - 6:40pm
Microsoft Corp reported its first quarterly loss as a public company on Thursday as it took a previously announced hit for writing down the value of its ailing online unit, but held up better than expected ...

Exclusive: Ex-Goldman mortgage chief plans foreclosed home fund

Top Finance News - Thu, 07/19/2012 - 6:40pm
Former Goldman Sachs Group Inc. executive Donald Mullen, one of the architects of the subprime mortgage trade, is trying to raise at least $500 million for a fund that will buy foreclosed homes with an ...

Eurogroup to approve Spanish banking sector bailout Friday

Top Finance News - Thu, 07/19/2012 - 6:40pm
Euro zone finance ministers are expected to approve an agreement on Friday to lend up to 100 billion euros to Spain so it can recapitalize its banks, but the exact size of the loan will probably only be ...

Foreign central banks scooped up U.S. Treasuries

Top Finance News - Thu, 07/19/2012 - 6:40pm
Foreign central banks raised their stakes in U.S. Treasury debt, suggesting they were keen bidders at last week's auctions in which the government sold $66 billion worth of longer-dated securities, data ...

Yahoo CEO Mayer stands to make over $40 million

Top Finance News - Thu, 07/19/2012 - 6:40pm
Marissa Mayer, Yahoo Inc's new chief executive officer will make $1 million in annual salary, $12 million in restricted stock and stock options, and one-time retention and performance awards of $30 million ...

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