FDIC tests toxic assets sale program
WASHINGTON (Reuters) – The U.S. Federal Deposit Insurance Corp launched the first test of its Legacy Loans Program that could eventually help banks rid their balance sheets of toxic assets so they can raise new capital and increase lending, the agency said on Friday.
Executive pay limits advance in U.S. Congress
WASHINGTON (Reuters) – Eye-popping Wall Street bonuses could be banned by the U.S. government if pay packages are deemed to encourage “inappropriate risks,” under a bill approved on Friday by the U.S. House of Representatives.
Back-to-school shift helps US media
A spike in higher education enrolments in the US has shown up this week in earnings announcements from companies in the otherwise hard-hit media sector, whose education divisions have far outperformed their better-known news brands
ExxonMobil Can’t Escape the Oil Bust
The biggest of Big Oil hits the quarterly earnings skids.
S&P eyes 1,000 but could be ripe for retreat
NEW YORK (Reuters) – Wall Street may have momentum on its side next week as the S&P 500 tries to puncture the 1,000 level, but the rally’s staying power will depend on whether U.S. data and corporate earnings provide more signs of economic stabilization.
It’s Not Easy Being Evergreen
Another unimpressive outing for the struggling solar player.
Congress moves to extend autos ‘clunkers’ plan
WASHINGTON/DETROIT (Reuters) – The U.S. Congress moved to triple the funding for the government’s successful “Cash for Clunkers” auto rebate program, which has brought car buyers back into showrooms and raised the outlook for an industry beset by abysmal sales, bankruptcies and job cuts.
When You Should Cash Out
A guide to options pricing.
5 Cold Stocks Heating Up
Some investors are warming up to these companies.
