U.S. bank earnings may be pressured by weak loan market: analysts
(Reuters) – The falling value of loans to junk-rated companies could be a negative factor in fourth-quarter earnings for U.S. banks, analysts said.
Apple wins patent trial against Pendrell subsidiary
MARSHALL, Texas (Reuters) – A U.S. jury on Friday found Apple Inc did not infringe five antipiracy patents owned by a Pendrell Corp subsidiary at trial in a Texas federal court.
S&P 500 scores best week in almost a year
(Reuters) – Wall Street racked up a solid week on Friday, with healthcare, technology and consumer stock making gains and investors looking beyond a widely-expected December interest rate hike.
Aetna, Anthem reassure investors on Obamacare business
(Reuters) – U.S. health insurers Aetna Inc and Anthem Inc on Friday sought to reassure investors that their Obamacare businesses had not worsened after UnitedHealth Group Inc warned of mounting losses in that sector.
Brent up 1 percent on short-covering; U.S. crude down, just above $40
NEW YORK (Reuters) – Brent oil settled 1 percent higher on Friday on pre-weekend short-covering, while U.S. crude settled lower but just above the $40-per-barrel support it has struggled to defend after a surge in inventories.
GM, Ford, Fiat Chrysler labor costs rise in new pacts: study
DETROIT (Reuters) – Hourly labor costs will rise to an average of $60 per auto worker by 2019 if proposed contracts at General Motors Co and Ford Motor Co are ratified by rank-and-file members of the United Auto Workers union, a study released on Frida…
Exclusive: Pfizer, Allergan CEOs agree on combined company roles – sources
(Reuters) – Pfizer Inc and Allergan Inc chief executives have agreed on the roles they would assume in a combined company, removing one of the last hurdles to the largest ever healthcare merger, people familiar with the matter said.
VW emissions issue extends to additional 75,000 vehicles
WASHINGTON (Reuters) – Volkswagen AG has told U.S. regulators that emissions issues in larger luxury cars and SUVs extend to an additional 75,000 vehicles dating back to 2009, the U.S. Environmental Protection Agency said on Friday.
Tesla recalling 90,000 Model S sedans to check seat belts
(Reuters) – Tesla Motors Inc is recalling all 90,000 Model S sedans produced to check for a possible defect in the front seat belt assemblies, the company said on Friday.
Endangered species on Wall Street: The stock split
NEW YORK (Reuters) – The U.S. stock market has more than tripled in value since its March 2009 lows but stock splits, a tool favored by company management in prior boom times, have yet to make a comeback.
