IBTimes Australia : General Electric Topic

Wall St. extends rise, investors see no change in Fed policy

Wed, 19 Jun 2013 06:42:03 +1000

Stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper statements which were interpreted to mean a sooner-than-expected winding down of stimulus efforts.

Wall St. rises on hopes of Fed status quo

Wed, 19 Jun 2013 03:56:04 +1000

Stocks climbed on Tuesday, led by growth-oriented sectors, as investors took an optimistic view that the Federal Reserve will temper recent statements pointing to the future reduction of monetary support.

Wall St. rises before Fed meeting to consider stimulus

Wed, 19 Jun 2013 02:35:03 +1000

Stocks rose on Tuesday, led by growth-oriented sectors, as Federal Reserve policymakers gathered for a two-day meeting to discuss the future of the Fed's bond-buying to stimulate the economy.

GE to create Russian venture to build power plants

Tue, 18 Jun 2013 23:49:03 +1000

U.S. conglomerate General Electric Co will create a joint venture with Russia's state-funded private equity vehicle to build mini power plants across Russia, the parties said on Tuesday.

Orders for big jets make a splash in Paris

Mon, 17 Jun 2013 21:42:02 +1000

Big finance waded into a rain-soaked Paris Airshow with more than $10 billion in orders for jumbo passenger jets as planemakers duelled over strategy for large aircraft on Monday.

Cinven, Finmeccanica draw at least 5 offers for Avio Spazio: report

Sun, 09 Jun 2013 21:28:02 +1000

Italian defense group Finmeccanica and private equity fund Cinven will get at least five offers for satellite propulsion system unit Avio Spazio, business daily Il Sole 24 Ore said on Sunday.

Regulators propose scrutiny of AIG, Prudential, GE Capital

Tue, 04 Jun 2013 11:00:04 +1000

Regulators on Monday proposed designating American International Group Inc, Prudential Financial Inc and GE Capital for heightened regulatory oversight, in a long-anticipated move aimed at cracking down on risks to markets.

U.S. regulators propose scrutiny of AIG, Prudential, GE Capital

Tue, 04 Jun 2013 10:42:02 +1000

U.S. regulators on Monday proposed designating American International Group Inc , Prudential Financial Inc and GE Capital for heightened regulatory oversight, in a long-anticipated move aimed at cracking down on risks to markets.

U.S. regulators propose new oversight of AIG, Prudential

Tue, 04 Jun 2013 10:21:02 +1000

U.S. regulators on Monday proposed designating non-bank financial companies including American International Group and Prudential Financial for heightened regulatory oversight.

Regulators propose new oversight of AIG, Prudential

Tue, 04 Jun 2013 10:00:06 +1000

Regulators on Monday proposed designating non-bank financial companies including American International Group and Prudential Financial for heightened regulatory oversight.

Thomas Cook Makes One More Step to Replace its Old Fleet

Mon, 03 Jun 2013 13:10:12 +1000

Here it comes after long talks, Thomas Cook Group Plc has announced that it reached a deal with GE Capital Aviation Services (GECAS) and its one step closer to have a new shining fleet. Its fleet renewal programme is part of the tour operator's turnaround strategy aimed at improving its dented performance.

Insight: How Treasury's tax loophole mistake saves companies billions each year

Fri, 31 May 2013 10:14:02 +1000

As the U.S. economy crumbled in early 2009, President Barack Obama offered a plan that he said would save American jobs: a crackdown on corporate tax loopholes that encourage companies to send profits abroad to avoid paying billions of dollars in U.S. taxes each year.

Insight - How U.S. Treasury's tax loophole mistake saves companies billions each year

Fri, 31 May 2013 10:14:02 +1000

Insight: How U.S. Treasury's tax loophole mistake saves companies billions each year

Fri, 31 May 2013 10:00:04 +1000

OECD drive against tax avoidance gets fresh backing

Fri, 31 May 2013 04:35:02 +1000

The days when multinational companies could exploit fiscal loopholes to escape tax could soon be numbered, after governments gave the OECD strong backing to design an international clampdown on corporate tax avoidance.

Citi settles U.S. suit over $3.5 billion in mortgage securities

Wed, 29 May 2013 07:56:03 +1000

Citigroup Inc has reached a settlement with a federal agency that had accused the bank of misleading Fannie Mae and Freddie Mac into buying $3.5 billion of mortgage-backed securities.

Apple (AAPL) Still Hopes to Benefit from $1.1 Billion Tax Break

Fri, 24 May 2013 11:55:23 +1000

WIth the recent inquisition of Apple's controversial tax avoidance practices, analysts take a closer look at the company's unrecognized tax benefits and what it means to company shareholders.

Analysis: Frontier Markets booming but risks mounting

Mon, 20 May 2013 00:42:01 +1000

With the world's biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold by countries with no capital markets track record.

Analysis - Frontier Markets booming but risks mounting

Sun, 19 May 2013 23:35:02 +1000

JP Morgan names Cristerna, Ventresca co-heads of global M&A: memo

Fri, 17 May 2013 02:42:02 +1000

JP Morgan has appointed Hernan Cristerna and Chris Ventresca to the newly created roles of co-heads of global mergers and acquisitions (M&A), according to a memo seen by Reuters.

Hedge fund proposes revamped Hess board to end proxy fight

Tue, 14 May 2013 21:49:02 +1000

The activist investor engaged in a proxy battle with Hess Corp has proposed a new board for the oil producer that would include all nominees put forward by both sides ahead of a vote on Thursday.

Australia's Wayne Swan Rallies G20 Over Corporate Tax Evasion

Tue, 14 May 2013 21:09:37 +1000

Australian Treasurer Swan sets tone for country's 2014 chairing of G20 group with stance on global tax cheats.

US Companies' Overseas Earnings Hit $1.9 Trillion

Thu, 09 May 2013 12:54:35 +1000

Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills by keeping the profits abroad, according to a new report.

U.S. companies' overseas earnings hit record $1.9 trillion: study

Thu, 09 May 2013 05:07:03 +1000

Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills by keeping the profits abroad, according to a new report.

Wal-Mart Regains No.1 Post in Fortune 500 List for 2012

Wed, 08 May 2013 08:15:39 +1000

Because of its low prices that attracted American consumers who were still reeling from the prolonged recession, Wal-Mart Stores regained the number 1 ranking in the Fortune 500 list for 2012.

Buffett maps out hopes for Berkshire without him

Sun, 05 May 2013 07:28:02 +1000

Warren Buffett on Saturday gave the most extensive comments to date about the future of Berkshire Hathaway Inc after he is gone, saying he still expects the conglomerate to be a partner of choice for distressed companies.

Warren Buffett maps out hopes for Berkshire without him

Sun, 05 May 2013 07:21:02 +1000

Buffett says people will still call Berkshire when he's gone

Sun, 05 May 2013 03:49:03 +1000

Warren Buffett and the board of his conglomerate Berkshire Hathaway Inc are "solidly in agreement" on who should be the company's next chief executive, he said at Berkshire's annual shareholder meeting on Saturday.

Dow, S&P 500 close at record levels after jobs report

Sat, 04 May 2013 06:21:02 +1000

The Dow and S&P 500 advanced to all-time closing highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report eased concerns about an economic slowdown.

Dow, S&P 500 surge to records after payrolls report

Sat, 04 May 2013 04:56:02 +1000

The Dow and S&P 500 advanced to all-time intraday highs on Friday, with major indexes jumping 1 percent after an unexpectedly strong April jobs report eased concerns about the economy.