Tag Archives: financial

Asian shares steady after 2-day losing streak, dollar pauses

By Chikako Mogi TOKYO (Reuters) – Asian shares steadied on Tuesday, snapping a two-day losing streak as a suprising rise in U.S. retail sales boosted optimism about the recovery in the world's largest economy, but the dollar took a breather after recent broad gains ahead of more data. Continue reading

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Glass Lewis: Goldman shareholders should vote no on compensation

By Lauren Tara LaCapra NEW YORK (Reuters) – Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has “failed to link pay with performance,” proxy advisory firm Glass Lewis said in a report on Monday. Shareholders should also vote against director James Johnson, Glass Lewis said, because of his position as chair of the compensation committee and prior roles at public companies that suffered financial issues and scandals. … Continue reading

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J.P. Morgan Investors Examine Links With Directors

Shareholders are taking a close look at financial relationships between some J.P. Morgan Chase & Co. (JPM) board members and the company they oversee, in a sign of the scrutiny the nation’s largest bank faces in the wake of a multibillion-dollar trading loss last year. Continue reading

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Virgin America Reports Fourth Quarter 2012 And First Quarter 2013 Financial Results

SAN FRANCISCO, May 13, 2013 /PRNewswire/ –Virgin America today reports its financial results for the fourth quarter of 2012, full-year 2012, and the first quarter of 2013. The airline reported it… Continue reading

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Countrywide II Off to the Races

Updated from 9:58 a.m. Continue reading

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Gold Plummets After Breaking Below Support (Update 1)

Updated from 11:09 a.m. Continue reading

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Yen hits four-and-half-year low vs dollar, oil and gold tumble

By Herbert Lash NEW YORK (Reuters) – The yen slid to a 4-1/2-year low against the dollar on Friday, triggering a sell-off in oil and gold as well as safe-haven U.S. and German debt, after recent signs of strength in the U.S. labour market added to bullish sentiment on the dollar. Continue reading

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Study: Low-income students get less merit aid than wealthier classmates

WASHINGTON — Low-income students are increasingly bypassed when colleges offer applicants financial aid, as schools compete for wealthier students who can afford rising tuition and fees, according to a public policy institute’s analysis of U.S. Department of Education data Continue reading

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Goldman cuts investment fund pledges in half since Dodd-Frank-filings

By Lauren Tara LaCapra NEW YORK (Reuters) – Goldman Sachs Group Inc has slashed its capital pledges to investment funds by nearly half since the Volcker rule was signed into law in 2010, as it prepares its principal investment business for restrictions on investing its own money, according to regulatory filings. The Wall Street bank has reduced future commitments to hedge funds and funds that invest in private equity, credit and real estate, by $5.8 billion since June 2010, the last period before the Volcker rule was included in the Dodd-Frank financial reform act Continue reading

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