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Financial Service News

Financial Services news continually updated from thousands of sources around the net.

2 hrs ago | Lincoln Daily News

Apache CEO, Vermont activist build alliance on climate issues

Steve Farris runs a $33 billion Texas oil and gas company and turns, for advice, to a bearded Vermont environmentalist.


Related Topix: Apache, Oil & Gas, Activism, Stanley, Morgan Stanley, Energy, Chevron Corporation

6 hrs ago | The State

Tulsa businessman Kaiser joins Thunder ownership

Kaiser is president, CEO and primary owner of GBK Corp., parent of Kaiser-Francis Oil Company, which he has managed for 40 years.


Related Topix: BOK Financial, Banking

10 hrs ago | West Australian

Ex-Goldman director Gupta to surrender June 17 in insider case

U.S. District Judge Jed Rakoff in Manhattan directed Gupta to surrender by 2:00 p.m. EDT on that date to start serving his sentence at an institution chosen by the Federal Bureau of Prisons, according to an order issued on Thursday.


Related Topix: Goldman Sachs, Investment Services, Second Circuit Court of Appeals, US News, Criminal Defense Law, Law

11 hrs ago | WSOCTV

Duke: Coal ash spill won't affect bottom line

Duke Energy told shareholders Thursday that cleanup costs resulting from its massive coal ash spill into the Dan River won't have a material effect on the $50 billion company's bottom line.


Related Topix: Duke Energy, Energy, US Securities and Exchange Commission, North Carolina, Pat McCrory, US Governors, Environmental Law, Law

15 hrs ago | Finextra Research news

Financial Services and Retail band together to fight Fraud - community blog from Robert Siciliano

Finally, retailers and banks have agreed to work together to fight data breach incidents, foregoing the finger-pointing of who's responsible for prevention and recovery .


Related Topix: MasterCard

Thu Apr 17, 2014

The Modesto Bee

California cross-border airport clears key hurdle

The agreement requires the investor group to pay the salaries of U.S. border inspectors and the cost of inspection facilities on a pedestrian bridge from Tijuana's existing airport into the United States, Commissioner R. Gil Kerlikowske said during a brief interview on a visit to San Diego.


Related Topix: World News, Mexico, Equity Group Investments, Investment Services

Fifth Third Bancorp 1Q Earnings Fall 25 Pct

Fifth Third Bancorp says its first-quarter net income fell 25 percent, mostly on a decline in its investment in its former Vantiv payment-processing subsidiary.


Related Topix: Fifth Third Bancorp, Banking

ABC News

Weibo Shares Jump in Market Debut

Weibo provides a Twitter-like service that allows users to post up to 140 Chinese characters to share with others.


Related Topix: US Securities and Exchange Commission

National Public Radio

Wal-Mart Jumps Into The Money Transfer Biz, Loudly

The world's largest retailer introduced a new money transfer service Thursday that it says will cut fees for its low-income customers by up to 50 percent compared with similar services elsewhere.


Related Topix: Euronet Worldwide

National Public Radio

Mostly Positive US Earnings Send Stock Futures Up

Stocks are headed for a fourth gain in a row after several big-name U.S. companies reported encouraging first-quarter results.


Related Topix: Financial Markets, Goldman Sachs, Investment Services, Stanley

Goldman's income falls 11 percent, still beats

The bank earned $1.95 billion in the quarter, down 11 percent from $2.19 billion in the same period a year earlier.


Related Topix: Goldman Sachs, Investment Services


Wal-Mart to unveil new service with electronic payments provider

Wal-Mart Stores Inc said on Wednesday that it will announce a new service with electronic payments provider Euronet Worldwide Inc on Thursday, but gave no other details.


Related Topix: Retail, Wal Mart Stores, Euronet Worldwide, Leawood, KS

Daily Herald

Durbin banks more than $6 million for re-election bid

The full report, which was due on Tuesday, has not yet been processed and posted online by the Federal Election Commission.


Related Topix: Federal Election Commission

Wed Apr 16, 2014

Mike Duffy still under RCMP shadow as Nigel Wright looks to the future

Stephen Harper's former chief of staff, Nigel Wright, is relieved that the RCMP won't be laying criminal charges against him and is expected to move back into the private sector - but suspended Sen. Mike Duffy's future is much more uncertain.


Related Topix: Onex, Investment Services

The Modesto Bee

Capital One Financial's profit edges up

After the market closed Wednesday, McLean, Va.-based Capital One reported net income of $1.14 billion, or $1.96 per share, for the three months ending March 31. That compares with net income of $1.04 billion, or $1.77 per share, in the same period of 2013.


Related Topix: Capital One Financial, Capital One, Modesto, CA, Business News

AmEx posts higher 1Q profit as spending picks up

American Express says its net income climbed 12 percent in the first quarter, helped by higher spending by its cardholders even as cold winter weather gripped much of the country.


Related Topix: Travelers Express Company

WWWQ-FM Atlanta

Miley Cyrus Scraps Tonight's Concert in St. Louis: "I'm Miserable"

After canceling her show in Kansas City at the last minute following her hospitalization for a severe allergic reaction to antibiotics, Miley Cyrus has now scrapped her show Wednesday night at the Scottrade Center in St. Louis, Missouri.


Related Topix: Scottrade, Investment Services

National Public Radio

Bank Of America Posts Loss, Hurt By Legal Expenses

Bank of America said Wednesday that it swung to a loss in the first quarter, hurt by $6 billion in legal expenses.


Related Topix: Home, Mortgage, Personal Finance, Bank of New York, Banking


Stocks get a boost from earnings, China

U.S. stock futures were moving higher after a set of positive earnings and better-than-expected Chinese GDP data boosted investor sentiment.


Related Topix: Financial Markets, WebMD, Emerging Technology, Search Engines, Travelers Express Company

Dallas Morning News

Comerica posts higher 1Q profit

The bank's Texas market posted a profit of $46 million in the quarter, up from $43 million a year ago.


Related Topix: Comerica, Dallas, TX


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