Buffett lauds Bernanke but laments lack of investment bargains
(Reuters) – Warren Buffett said on Thursday he would recommend reappointing Ben Bernanke as Federal Reserve chairman, while adding that low interest rates have inflated asset values and complicated his hunt for investments at his company Berkshire Hath…
Empire State Realty Trust IPO seen pricing at $13-$15 per share
NEW YORK (Reuters) – Empire State Realty Trust Inc, the real estate investment trust with the iconic New York skyscraper as its centerpiece, plans to launch an initial public offering of 71.5 million shares at $13 to $15 apiece, according to a regulato…
When the Fed throws markets for loop
NEW YORK (Reuters) – In the minutes before Wednesday’s statement from the U.S. Federal Reserve, traders knew what to expect. Or so they thought.
Brazil oil sale draws weak interest; Exxon, BP, BG pass
RIO DE JANEIRO (Reuters) – Brazil’s planned auction of its biggest-ever oil discovery attracted only a quarter of the interest expected by the government after many of the large, wealthy oil companies with experience in the region declined to sign up f…
Exclusive: Univision in talks with banks about 2014 IPO – sources
NEW YORK (Reuters) – U.S. Spanish-language broadcaster Univision Communications Inc has in recent weeks held discussions with banks about an initial public offering, according to three people familiar with the matter, as strong stock markets encourage …
Wall Street pulls back following Fed-driven rally
NEW YORK (Reuters) – U.S. stocks retreated slightly on Thursday as investors paused after the Federal Reserve’s decision to keep its stimulus intact sparked a rally that lifted the Dow and S&P 500 to record highs.
Wall Street pulls back following Fed-driven rally
NEW YORK (Reuters) – U.S. stocks retreated slightly on Thursday as investors paused after the Federal Reserve’s decision to keep its stimulus intact sparked a rally that lifted the Dow and S&P 500 to record highs.
Home Depot to tap health insurance exchanges for part-timers
(Reuters) – Home Depot Inc is shifting medical coverage for part-time workers to new public marketplace exchanges ahead of new benefits requirements under the U.S. Affordable Care Act, a spokesman said on Thursday.
Scandals cost JPMorgan $1 billion in fines
(Reuters) – It’s $1 billion in payouts that JPMorgan Chase & Co most likely wants to forget.
U.S. risk council says Prudential needs close oversight
WASHINGTON (Reuters) – Insurer Prudential Financial Inc said on Thursday that U.S. regulators had voted to designate the company as systemically risky, bringing it under stricter regulatory oversight.
