Wall Street ends little changed after mixed data batch
NEW YORK (Reuters) – U.S. stocks ended little changed on Tuesday as the U.S. economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range.
Carl Icahn raises stake in car rental company Hertz
(Reuters) – Activist investor Carl Icahn raised his stake in U.S. car rental company Hertz Global Holdings Inc to 10.77 percent from 8.48 percent.
HP fourth-quarter revenue drops on weak enterprise demand
(Reuters) – Hewlett-Packard Co said its quarterly revenue fell in almost every business segment over the year, highlighting weaknesses ahead of the company’s planned 2015 separation of its enterprise services from its traditional computer and printing …
U.S. Fed plans enhanced capital standards for GE unit
WASHINGTON (Reuters) – The U.S. Federal Reserve on Tuesday proposed to impose tougher capital standards on General Electric’s finance unit, one of a handful of non-bank firms deemed critically important to the health of the financial system.
Wall Street ends little changed after mixed data batch
NEW YORK (Reuters) – U.S. stocks ended little changed on Tuesday as the U.S. economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range.
Chesapeake Energy loses in $1.3 billion bond dispute appeal
NEW YORK (Reuters) – A divided federal appeals court said Chesapeake Energy Corp had no right to redeem $1.3 billion of notes early at a favorable price, saying the second-largest U.S. natural gas company waited too long to tell investors of its plans….
Falcone steps down as CEO from Harbinger
BOSTON (Reuters) – Philip Falcone, once one of the world’s most closely watched investors, is stepping down as chairman and chief executive of Harbinger Group Inc. next month to focus on his hedge fund and another publicly traded company.
Delta’s breakaway pilots’ union struggles in attempt to replace existing union
(Reuters) – A group of Delta Air Lines pilots seeking to replace the current pilots’ union at the U.S. carrier are struggling to win enough support.
Wal-Mart U.S. chief merchandiser departs just before Black Friday
(Reuters) – Wal-Mart Stores Inc said its U.S. chief merchandising officer was leaving the company in a management shuffle just as the crucial holiday shopping season kicks into gear.
U.S. economy resilient in Q3 as global growth cools
WASHINGTON (Reuters) – The U.S. economy grew at a much faster pace than initially thought in the third quarter, pointing to strengthening fundamentals that should help it weather slowing global demand.
