The bleak retirement outlook for displaced workers
If you thought that Americans as a whole were unprepared for a secure retirement, you should see the ones who have lost their job.A report from the Transamerica Center for Retirement Studies finds many unemployed and underemployed workers have been dipping into their retirement accounts to fund
Nine Potential Breakout Stocks
Alan Brochstein identifies nine stocks with potential price and fundamental momentum near their 52-week highAs I type, the S&P 500 is posting new highs for the summer, crossing 1400 for the first time since early May and sitting within 1.5% of the 1422 interim top set in early April.
Procter and Gamble Prices EUR1 Billion 10Y Bond At 99.160, Swaps +0.25
HSBC Holdings PLC, Morgan Stanley, and Deutsche Bank are the lead managers on the deal.
Peru Regional President Santos Won't Continue Minas Conga Talks
CAJAMARCA, Peru--The president of the Peruvian region of Cajamarca, Gregorio Santos, said there is no use continuing talks with two Roman Catholic priests trying to reach a peaceful solution to the dispute over the Minas Conga copper and gold project.
Google to Pay $22.5 Million to Settle FTC Privacy Charges
Google Inc. (GOOG) has agreed to pay $22.5 million to settle Federal Trade Commission charges for misleading users about its tracking activities on Apple Inc.'s (AAPL) Safari browser, the regulatory agency said.
Wells Fargo Prices EUR1.5 Billion 2.625% Bond Maturing 2022
Wells Fargo & Co. (WFC) priced a 1.5 billion euro ($1.86 billion), 10-year bond, one of the banks running the deal said Thursday.
Forecasters Raise Outlook for Atlantic Hurricane Season
The U.S. weather agency now expects near-normal to above-normal activity this upcoming hurricane season.
J.P. Morgan Details Struggle From 'Whale' Fallout
J.P. Morgan Chase & Co. (JPM) on Thursday outlined just how the ill-placed trading hedges from its London chief investment office continue to be felt in share buybacks, capital ratios and trading losses. The nation's largest bank by assets also said its potential legal costs jumped nearly 30% from
OPEC May Slash 2013 Oil Demand Growth Forecast
Citing a vague and turbulent outlook for the global economy, the exporter group may have to reduce its forecast for growth in world oil demand in 2013 by 20%.
Volkswagen Prices GBP250 Million 3-Year Bond At 99.883, Swaps +1.10
HSBC Holdings PLC and RBC Capital Markets are the lead managers on the deal.