Wall St. inches up with financials, energy
(Reuters) – U.S. stocks edged higher on Monday as financial shares recovered from last week’s losses and higher oil prices lifted energy shares. Powered by...
Read MoreAuthor: Reuters
Colony Capital injects cash, in talks to buy Weinstein Co
NEW YORK (Reuters) – The Weinstein Company has entered talks to sell the bulk of its assets to private equity firm Colony Capital, the companies said on Monday, as the film production company looks for stability after the...
Read MoreNordstrom family suspends attempt to take U.S. retailer private
(Reuters) – Nordstrom Inc said on Monday that a founding family group had suspended attempts to take the U.S. department store operator private because of difficulties in arranging debt financing for its bid ahead of the...
Read MoreWells Fargo brokerage to return $3.4 million for risky products
NEW YORK (Reuters) – A brokerage industry regulator on Monday ordered Wells Fargo & Co to return $3.4 million (2.56 million pounds) to customers after selling them inappropriate investment products, the latest sign...
Read MoreWall Street higher as bank stocks rebound, Apple gains
(Reuters) – A recovery for U.S. banking stocks allied to a 1.5 percent gain for Apple prodded Wall Street’s main indexes higher in early afternoon trading on Monday. Powered by...
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