Posts Tagged ‘friday’

U.S. closes small bank, bringing 2011 total to 26

WASHINGTON (Reuters) – U.S. authorities closed the Bank of Commerce of Wood Dale, a small Illinois bank on Friday, bringing the total number of foreclosures in 2011 to 26.

Oracle jumps as outlook points to market share gains

BANGALORE (Reuters) – Shares of Oracle Corp rose 5 percent on Friday, a day after the world’s third-largest software maker forecast solid sales of new business software, signaling strength against Hewlett-Packard and IBM in data center and cloud computing businesses.

Fed’s Fisher sees signs of excessive liquidity

BRUSSELS (Reuters) – Dallas Federal Reserve Bank President Richard Fisher said on Friday there were signs that liquidity was not just abundant, but excessive in the United States.

IT lifts Sensex to 2month high, index gains 5.2% this week

Indian equity benchmarks surged to a 2month high closing on Friday, wrong footing traders yet again and flummoxing investors, many who are still betting on a near term downtrend in share prices.

Juncker says does not expect Portugal to seek aid

BERLIN (Reuters) – Eurogroup chairman Jean-Claude Juncker said on Friday he does not expect Portugal will seek assistance from the EU rescue fund any time soon.

Moody’s maintains Portugal at A3, outlook negative

LONDON (Reuters) – Moody’s maintains at A3 rating with a negative outlook on Portugal, the rating agency said on Friday adding that strong commitment to fiscal consolidation was an important factor.

Portuguese president meets parties on crisis

LISBON (Reuters) – Portugal’s president started to consult leaders of political parties on Friday as he weighs whether to call a snap election after the Socialist prime minister resigned.

RPT-Wall St Week Ahead: Watch out for wild intraday swings

(Repeating item that initially ran on Friday)

US Stocks gain but investors see volatility ahead

US stocks gained after a week of heightened volatility on Friday, but investors were reluctant to make big bets due to turmoil in the Middle East and Japan’s nuclear crisis.

Netflix to distribute David Fincher series

LOS ANGELES (Hollywood Reporter) – It’s official: Netflix has acquired 26 episodes of drama “House of Cards,” a political thriller starring Kevin Spacey. THR reported the news on Tuesday about the arrangement, which was made official Friday morning.

Ex-Goldman programmer gets 8 years for code theft

NEW YORK (Reuters) – A former Goldman Sachs Group Inc computer programer was sentenced to eight years in prison on Friday for stealing secret code used in the Wall Street bank’s valuable high-frequency trading system.

New Issue-Boart Longyear sells $300 mln in notes

March 18 (Reuters) – Boart Longyear Management Pty Ltd, aunit of Boart Longyear Limited , on Friday sold $300million of senior notes in the 144a private placement market,said IFR, a Thomson Reuters service.

China tightening marches on with 6th reserve rate rise

China raised banks’ required reserves again in a decision on Friday, the latest installment in its monetary tightening cycle that many had thought would be put on hold after Japan’s devastating earthquake.

FTA should be a winwin situation for all: UK

UK on Friday said it hopes that the ongoing negotiations on signing a Free Trade Agreement between European Union and India would be completed successfully to the mutual benefit of all.