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Udoo24.blogspot.com news digest

  • 12 years

    BNP Paribas To Finish Restructuring In Coming Months

    - New bank rules alter the way the economy is funded
    -- Clear shift by corporates toward bond markets
    -- BNP Paribas to focus on its fixed income business

  • 12 years

    Oil drops below $100 for first time since February

    NEW YORK — Oil dropped below $100 per barrel for the first time since February following a disappointing U.S. jobs report and warnings of a weakening world economy.
    Benchmark West Texas Intermediate crude fell as low as $99.90 Friday before edging back to $100.21 per barrel in New York. Crude prices are down 2.3 percent for the day....

  • 12 years

    UBS loses bid to dismiss FHFA mortgage debt case

    (Reuters) - A U.S. judge has rejected UBS AG's (UBSN.VX) bid to dismiss a federal regulator's lawsuit accusing it of misleading Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) into buying billions of dollars of risky mortgage debt.
    U.S. District Judge Denise Cote in Manhattan said on Friday that the Federal Housing Finance Agency may pursue claims that UBS violated federal securities laws by misleading Fannie Mae and Freddie Mac into buying $6.4 billion of subprime and other residential...

  • 12 years

    Pension Plan Sues Wal-Mart Officials Over Failures

    The pension plan, the California State Teachers’ Retirement System, owns about 5.3 million shares in Wal-Mart, worth about $313 million. Although that is a small stake — far less than 1 percent — the suit was filed on behalf of Wal-Mart itself against...

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Web host: Google LLC
Registrar: MarkMonitor Inc.
Registrant: Google LLC
Updated: June 29, 2023
Expires: July 31, 2024
Created: July 31, 2000

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