AT&T estimates charges of $10 billion in fourth quarter
(Reuters) – AT&T Inc said it expected to record charges of about $10 billion for the fourth quarter but the non-cash losses would not affect operating results.
Exclusive: GE finances first A350 powered by rival Rolls-Royce
PARIS (Reuters) – When the Airbus A350 jet made its commercial debut with Qatar Airways this week, the event marked a milestone for engine supplier Rolls-Royce , but slipping unnoticed under the radar with financing was its arch-rival General Electric …
Goldman Sachs profit hit by weak fixed-income trading
(Reuters) – Goldman Sachs Group Inc reported a 7 percent drop in fourth-quarter profit as sharp market moves in December hit its bond-trading business.
Swiss franc shock shuts some FX brokers; regulators move in
LONDON (Reuters) – The Swiss franc shock reverberated through currency trading firms around the world on Friday, wiping out many small-scale investors and the brokerages that cater to them and forcing regulators to take a closer look at the sector.
Wall Street rallies after five down days; ends down for week
NEW YORK (Reuters) – U.S. stocks rallied on Friday after five sessions of losses, helped by a sharp rebound in energy shares and data that signaled the U.S. economy was on track for solid growth.
Unfazed by market swings, Fed sticks to mid-2015 hike scenario
NEW YORK/SAN FRANCISCO (Reuters) – Tumbling oil prices have strengthened rather than weakened the Federal Reserve’s resolve to start raising interest rates around midyear even as volatile markets and a softening U.S. inflation outlook made investors pu…
For U.S. stocks, investors mull a correction
NEW YORK (Reuters) – Next week may show whether U.S. stocks are finally undergoing a long-awaited correction or if a recent run of losses are just a bump on the road to more gains.
Low inflation no bar to rate rise, U.S. Fed officials say
SAN FRANCISCO (Reuters) – The Federal Reserve is still on track for a potential mid-year interest-rate increase, a top Fed official said on Friday, citing strong U.S. economic momentum and a falling unemployment rate.
Oil closes up for first week in eight after supportive reports
NEW YORK (Reuters) – U.S. crude oil prices staunched seven weeks of losses rising 33 cents on the week as it rallied just before settlement because of short covering ahead of the contract expiration Tuesday.
Fed’s Bullard takes swipe at central bank’s reaction ability
(Reuters) – The Federal Reserve’s policy-setting committee has failed to shift market expectations on the timing and path of an expected interest rate hike this year, a top Fed official said on Friday.
