24/05/2013 20:38:10
24/05/2013 20:38:10
ADVFN Financial News : Breaking financial news, market insights, commentary & economic analysis from the world stock markets.
UPDATE: Marathon Oil: Bid to Sell Alberta Oil Sands Stake FailsBy Alison Sider Marathon Oil Corp. (MRO) said its plan to sell a stake in the Athabasca Oil Sands Project in Alberta, Canada, fell through without a deal being reached. The announcement comes amid questions about how massive reserves of oil in the region... |
NYSE Rules AEP, NextEra Energy Trades 'Aberrant'By Chris Dieterich The New York Stock Exchange ruled to let stand all trades in American Electric Power Co. Inc. (AEP) and NextEra Energy Inc. (NEE), but said prices for certain "aberrant" trades will be excluded from the high and low prices in data feeds... |
Fed Comments Take the Wind Out of REITSBy A.D. Pruitt Real estate stocks sold off sharply again Thursday as investors fretted that the end of the era of low interest rates looms ahead. Remarks Wednesday by U.S. Federal Reserve Chairman Ben Bernanke and minutes from the Fed's recent policy... |
Three SAC Capital Executives Received SubpoenasThree senior executives at SAC Capital Advisors LP, including the firm's president and chief compliance officer, received subpoenas as part of the government's insider-trading investigation, according to people familiar with the matter. The executives are... |
UPDATE: ISS Employee Leaked Proxy Votes for Concert Tickets, SEC SaysISS agrees to pay $300,000 penalty in first-ever SEC enforcement action against a proxy adviser --SEC says former ISS employee passed along information on proxy votes in exchange for tickets and meals --SEC says ISS lacked sufficient controls over employee... |
Goldman's 12 Board Nominees Elected; Say-on-Pay ApprovedBy Liz Moyer Goldman Sachs Group Inc. (GS) shareholders elected the bank's 12 board nominees and approved the firm's so-called say-on-pay vote. Proxy advisory services had split on recommending an approval for the say-on-pay measure, but 86% of... |
MARKET SNAPSHOT: U.S. Stocks Shake Off Worst Of Drop; H-P RalliesBy Victor Reklaitis and Polya Lesova, MarketWatch NEW YORK (MarketWatch) -- U.S. stocks fluctuated between small gains and losses on Thursday after Japanese equities dived overnight, as global markets reacted to weak Chinese manufacturing data and worries... |
MARKET COMMENT: Europe Stocks Slide after China Data, Fed CommentsBy Sara Sjolin LONDON (MarketWatch)--European stock markets closed with sharp losses Thursday after disappointing data from China and comments from the U.S. Federal Reserve about tapering its stimulus program stoked worries about slower global growth and... |
ISS Employee Leaked Proxy Votes, SEC SaysInstitutional Shareholder Services Inc., a proxy advisory firm that advises investors on corporate governance matters, agreed to pay a $300,000 penalty to settle charges that an employee leaked confidential information on proxy votes for roughly five... |
Canada Disappointed With US Move on Meat-LabelingCanadian agriculture minister says government won't back down in meat-labeling dispute --USDA says amended rule complies with WTO --Mexico also fighting labeling rule OTTAWA--Canada is disappointed with U.S. changes to country-of-origin meat-labeling rules... |
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