Microsoft shareholders advised to vote against director Thompson
SEATTLE (Reuters) – Proxy advisory firm Glass Lewis has recommended that Microsoft Corp shareholders vote against the re-election of lead independent director John Thompson, who is in charge of the company’s efforts to find a new chief executive.
Iran outlines plan to win back Western oil interest: FT report
(Reuters) – Iran is planning to offer international companies more lucrative contracts to attract at least $100 billion worth of investment in its oilfields over the next three years, the Financial Times reported on Monday.
U.S. copper fabricator ends fight against JPM, BlackRock funds
NEW YORK (Reuters) – U.S. copper fabricator Southwire Co dropped its legal fight against physical copper funds planned by Wall Street banks, as political and regulatory scrutiny make it unlikely the exchange-traded funds will ever be launched, accordin…
Hawaiian Airlines expects revenue growth from hotel, car rental bookings
NEW YORK (Reuters) – Hawaiian Airlines expects to double its revenue from selling hotel rooms and rental cars over the next few years, part of a wide-ranging strategy to lift its top line even as it scales back capacity growth, a senior executive said …
S&P 500 ends at record high on Fed hopes
NEW YORK (Reuters) – The S&P 500 closed at another record high on Monday as expectations were high that the Federal Reserve will keep its stimulus in place when it meets this week.
Ex-Credit Suisse chairman calls Dougan’s 90 million Swiss francs payout a ‘mistake’
ZURICH (Reuters) – Credit Suisse made a “mistake” by paying Chief Executive Brady Dougan nearly 90 million Swiss francs ($100.51 million) in 2010 under two different payout plans, the board member who oversaw the payment said in a television interview …
Fed to outline bank commodity policy early 2014: source
WASHINGTON/LONDON (Reuters) – The U.S. Federal Reserve may not unveil its plans for regulating Wall Street’s commodity trading business until early next year, a person briefed on the matter said, deferring a decision on the politically fraught debate i…
Fed to outline bank commodity policy early 2014: source
WASHINGTON/LONDON (Reuters) – The U.S. Federal Reserve may not unveil its plans for regulating Wall Street’s commodity trading business until early next year, a person briefed on the matter said, deferring a decision on the politically fraught debate i…
India expected to raise interest rates, roll back rupee support
MUMBAI (Reuters) – India’s central bank is expected to raise policy interest rates for the second time in as many months on Tuesday to fight stubbornly high inflation, while rolling back further emergency measures put in place recently to support the s…
India expected to raise interest rates, roll back rupee support
MUMBAI (Reuters) – India’s central bank is expected to raise policy interest rates for the second time in as many months on Tuesday to fight stubbornly high inflation, while rolling back further emergency measures put in place recently to support the s…
