19/05/2013 02:17:13
ADVFN Financial News : Breaking financial news, market insights, commentary & economic analysis from the world stock markets.
An Independent Scotland More Vulnerable to Financial Shocks - UK TreasuryBy Ainsley Thomson LONDON--An independent Scotland would have an exceptionally large banking sector, compared with the size of the rest of its economy, making it vulnerable to financial shocks and putting Scottish taxpayers at significant risk in the event... |
Shell Reported Power Outage, Issues at Anacortes RefineryRoyal Dutch Shell PLC (RDSA, RDSA.LN) reported a power outage earlier this week at its Puget Sound refinery in Anacortes, Wash., and subsequent issues while restarting units, according to a filing with the Northwest Clean Air Agency released Friday. The... |
Ericsson, Airvana Reach Agreement in Principle to Settle Trade-Secret Dispute..Ericsson (ERIC) and Airvana Network Solutions Inc. have agreed in principle to settle a lawsuit over trade secrets, Bloomberg News reported, citing a court filing. In the 2012 suit, Airvana alleged that Ericsson helped create "knock-off" products. Ericsson... |
Source Says Yahoo CEO Mayer to Announce Updates to Flickr Site at Monday Event..Yahoo Inc. (YHOO) Chief Executive Marissa Mayer will announce updates to the company's Flickr photo-sharing service at a Monday event, Bloomberg News reported, citing a person familiar with the matter. Earlier Friday, CNBC reported that Ms. Mayer would... |
UPDATE: Apache Board Adjusts CEO Pay Targets After Losing Shareholder Vote(Adds additional context) By Alison Sider Apache Corp.'s (APA) board trimmed the targeted pay level of the company's chief executive on Friday, one day after shareholders failed to approve the company's executive-pay practices at an annual meeting. This... |
NYSE Busts Trades as Anadarko's Stock Falls to a PennyBy Chris Dieterich NEW YORK--A sharp drop that drove Anadarko Petroleum Corp.'s (APC) to a penny in the last second of trading Friday exposes a vulnerability in trading rules adopted last month to curb sharp stock swings. Andarko's stock fell from over $90... |
MARKET SNAPSHOT: U.S. Stocks Notch Records, Fourth Week Of GainsBy Kate Gibson, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks on Friday advanced to a fourth weekly gain, with both the Dow industrials and the S&P 500 at all-time closes, after data cast a positive spin on the economy. The Conference Board's... |
GM Shares Roar Back to Old LevelsGeneral Motors Co. shares eclipsed their $33 initial public offering price with investor enthusiasm over its new vehicles and speculation the U.S. government may soon exit its ownership stake in the auto maker. The Detroit auto maker rose 3.2% to $33.42 on... |
Apache Board Adjusts CEO Pay Targets After Losing Shareholder VoteBy Alison Sider Apache Corp.'s (APA) board trimmed the targeted pay level of the company's chief executive on Friday, one day after shareholders rejected the company's executive pay proposal at an annual meeting. This year Chief Executive Steven Farris's... |
UPDATE: Some Artists Give Adobe's Cloud Switch a Critical ReviewPetition against cloud shift has gathered 15,500 signatures --Small businesses, freelancers among leading critics of change --Adobe says cloud puts innovation in customers' hands more quickly (Updates with comment form ASMP President.) By Steven D. Jones... |
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