| Markets rise by noon Wednesday; WESCO up 4 percent Wall Street rose Wednesday as the Dow Jones Industrial Average added 60.61 points or 0.64 percent by noon. Nasdaq jumped 25.09 points or 1.23 percent to 2.062.86. (WCC) (AA) (AEO) (BK) (CNX) (DKS) (FII) (HNZ) (KMT) (KOP) (PNC) (PPG) (X) feeds.bizjournals.com |
Judge overturns BofA settlement on Merrill bonuses A federal judge has rejected a proposed $33 million settlement between Bank of America Corp. and the Securities and Exchange Commission over bonuses paid to employees of Merrill Lynch & Co. late last year. (BAC) feeds.bizjournals.com |
SEC proposes new rules for credit rating agencies (AP) Regulators on Thursday proposed rules designed to stem conflicts of interest and provide more transparency for credit rating companies. They also proposed banning "flash orders," which give some traders a split-second edge in buying or selling stocks. us.rd.yahoo.com |
Wisdom of generations pays off (at FT.com) The Hong Kong families that dominate nearly every facet of economic life in China's richest city are not well known abroad, with a few exceptions such as Li Ka-shing, by dint of his global ports and mobile phone empire, and Stanley Ho, the gambling tycoon. us.rd.yahoo.com |
Northern Trust pledges $250K in Haiti aid (AP) Northern Trust Corp. has pledged $250,000 to the American Red Cross International Relief Fund to help victims of the earthquake in Haiti, a spokesman said Friday. us.rd.yahoo.com |