With every new model year comes a new an arsenal of vehicles that we swoon over. Even cars that will eventually be regarded as boring garner a lot of attention, just because they are new on the scene. But what is forgotten are the cars that have to make way for these new models. Who […]Boldride
We have counted 22 initial public offerings (IPOs) on the schedule for this week, including just two holdovers from last week. Of the dozen companies that actually made it to the markets last week, Friday’s ...24/7 Wall St.
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Beijing is attacking another American tech giant, demonstrating that for foreign companies it pays not to succeed in the Chinese market.Forbes
Market Basket associates and customers calling for the return of ousted CEOArthur T. DeMoulas said on Saturday that their demand is non-negotiable, even if the company is sold.CBS Local
Shareholders in defunct oil giant Yukos won a court battle against Russia in one of the largest-ever commercial legal cases, in which Moscow must pay $50 billion for expropriating the assets, Kommersant daily said, citing unnamed sources. It said the Permanent Court of Arbitration in the Hague…Reuters
A deal to resolve a U.S. regulator's claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis could cost the bank between $800 million (471 million pounds) and $1.25 billion, according to a person familiar with the…Reuters
With one exception, automakers are expected to post year-over-year sales gains in July. That exception is Volkswagen, which is looking at a year-over-year decline of 4%. Automakers are getting set to report ...24/7 Wall St.
Sankaty Advisors, the credit arm of Bain Capital, is paying more than $1bn for the debt portfolio of JPMorgan's principal investment group. The sale underscores the extent to which shadow banks are taking ...Financial Times
By Nate Raymond and Joseph Ax NEW YORK (Reuters) - Texas tycoon Sam Wyly and the estate of his late brother Charles should pay damages totaling $1.41 billion for their role in a scheme that hid trades in companies they controlled using offshore trusts, the U.S. Securities and Exchange Commission…Reuters
Millions of car owners will get hit in the pocket book because of GM recalls and there is nothing they can do about it.24/7 Wall St.
Steelers center Maurkice Pouncey and Dolphins center Mike Pouncey will be fighting fire with fire. In response to the lawsuit filed against them on Friday, they’ll be exercising their right to sue the persons who have sued them. “The allegations in the complaint about my clients are completely…ProFootball Talk on NBC Sports
It's just not a great idea to short stocks...Business Insider
Deutsche Bank AG (DBK) and BNP Paribas SA (BNP), which hold almost half of the hard-to-value assets on the books of the euro area’s 10 biggest banks, are facing a reality check that could impose losses. As part of its review of 128 lenders, the European Central bank is studying less-actively traded…Bloomberg
The state of Florida has filed a lawsuit against the former officers of Digital Domain Media, accusing them of defrauding the state and local governments out of $82 million.Los Angeles Times
For the world’s biggest pork producer, China’s WH, a second try at an IPO looks set to succeed. WSJ’s Ramy Inocencio talks with Hong Kong bureau chief Ken Brown on why WH’s first IPO failed and why U.S. pork prices are cheaper than China’s.WSJ Live
A Detroit resident with a past due water bill, facing a shut off of H2O, now has a chance for help. Someone other than himself can pay his water bill. As of Sunday morning, 4,000 donors where matched with ...24/7 Wall St.
HSBC, Deutsche Bank and Canada's Bank of Nova Scotia have been accused of conspiring to fix the price of silver in a US lawsuit filed in federal court in New York. Plaintiff Scott Nicholson, an investor from the northwestern US state of Washington, said the three banks had "abused" their position…AFP
NEW YORK (AP) — Nissan is recalling more than 226,000 additional vehicles over a defective air bag that has affected much of the global auto industry.Associated Press
As usual, when the earnings reporting window is open for companies, often the window for insiders to buy and sell stock opens up as well. With well over half of the S&P 500 companies having reported already, ...24/7 Wall St.
Among the leading U.S. solar-related stocks, First Solar (NASDAQ: FSLR ), GT Advanced Technologies (NASDAQ: GTAT ) and SolarCity (NASDAQ: SCTY ) saw the largest percentage changes in the number of shares ...Benzinga