The newest report came just two weeks after the Fed decided that the economy’s advance was still too fragile to risk lifting interest rates from their near-zero level, even as it hinted that it might go ahead by December.
Hudson City Bancorp (HCBK – Get Report) stock is gaining by 5.26% to $10 in early afternoon trading on Wednesday, after the Federal Reserve approved M&T Bank’s acquisition of the company today.
Altice continues to line up financing for its pending $17.7 billion purchase of Cablevision Systems, raising about $8.6 billion in new debt and readying the placement of about $1.8 billion of its own stock.
By a wide margin, workers have voted down a tentative contract agreement brokered by their union, the United Auto Workers (UAW), and Fiat Chrysler Automobiles (FCA).
JPMorgan Chase & Co. downgraded shares of Petroleo Brasileiro Petrobras SA from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $10.50 to $7.00 in a research report on Friday, September 11th. The...
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“Here she goes at this invitation-only conference and talks about putting a pipeline through Delta without talking to anybody about it, well at least certainly not anyone in Delta.”
The threat of a possible United Auto Workers strike at a critical Ford Motor Co. pickup-truck plant intensified Thursday after a Sunday overtime shift was canceled and local leaders advised members to check with the strike committee for their assignments.