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XmlTextReuters: Business News
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XmlTexthttp://www.reuters.com
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XmlTextReuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
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XmlTextReuters News
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XmlTexthttp://www.reuters.com/resources_v2/images/reuters125.png
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XmlTextMon, 21 May 2012 09:49:32 -0400
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XmlTextAll rights reserved. Users may download and print extracts of content from this website for their own personal and non-commercial use only. Republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks or trademarks of the Reuters group of companies around the world. © Reuters 2012
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uri reuters/businessnews
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XmlTextWall Street rises at open after worst week of year
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XmlTextNEW YORK (Reuters) - Wall Street edged higher at the open on Monday, rebounding from its worst weekly decline for the year, on assurances that world powers want debt-laden Greece to remain in the euro zone.

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XmlTextMon, 21 May 2012 09:39:08 -0400
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XmlTextNasdaq alters IPO procedures after Facebook glitch
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XmlTextNEW YORK (Reuters) - Nasdaq OMX Group Inc said on Monday it is changing its initial public offering trading procedures following glitches in Facebook Inc's market debut at the end of last week that prevented some traders from knowing for hours whether their orders for shares had been completed.

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XmlTextMon, 21 May 2012 09:08:40 -0400
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XmlTextEaton to buy Cooper Industries for $11.8 billion
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XmlText(Reuters) - Diversified industrial manufacturer Eaton Corp struck a deal to buy electrical equipment maker Cooper Industries for $11.8 billion in cash and stock, paying a 29 percent premium to broaden its services to the electrical industry.

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XmlTextMon, 21 May 2012 09:42:54 -0400
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XmlTextBarclays to sell $6.1 billion BlackRock stake
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XmlTextLONDON (Reuters) - British bank Barclays is selling its near-20 percent stake in U.S. asset manager BlackRock, worth $6.1 billion, as tougher global regulations have cut the attraction of such holdings.

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XmlTextMon, 21 May 2012 08:35:44 -0400
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XmlTextHoughton Mifflin files Chapter 11 bankruptcy
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XmlTextMon, 21 May 2012 09:40:02 -0400
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XmlTextAlibaba buys back 20 percent stake held by Yahoo for $7.1 billion
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XmlTextSHANGHAI/NEW YORK (Reuters) - Chinese Internet entrepreneur Jack Ma is buying back up to half of a 40 percent stake in his Alibaba Group from Yahoo Inc for $7.1 billion, in a deal that moves the Chinese e-commerce leader closer to a public listing.

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XmlTextMon, 21 May 2012 07:57:47 -0400
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XmlTextRajat Gupta faces jury in insider trading case
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XmlTextFacebook shares fall below $38 issue price in premarket
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XmlTextEuro zone needs growth and austerity: ECB's Asmussen
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XmlTextBERLIN (Reuters) - Europe's fiscal pact must not be renegotiated or softened but could be complemented by growth-enhancing measures, European Central Bank Executive Board member Joerg Asmussen said on Monday.

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XmlTextSpain to slump further but will hit deficit goal
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The Bishop's Sword is the symbol of stability, protection, and honor. It leads the charge into battle.

Our daily battle is to preserve and grow our clients' assets through both calm and stormy markets.

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Wall Street rises at open after worst week of year
NEW YORK (Reuters) - Wall Street edged higher at the open on Monday, rebounding from its worst weekly decline for the year, on assurances that world powers want debt-laden Greece to remain in the euro zone.

Read More

Nasdaq alters IPO procedures after Facebook glitch
NEW YORK (Reuters) - Nasdaq OMX Group Inc said on Monday it is changing its initial public offering trading procedures following glitches in Facebook Inc's market debut at the end of last week that prevented some traders from knowing for hours whether their orders for shares had been completed.

Read More

Eaton to buy Cooper Industries for $11.8 billion
(Reuters) - Diversified industrial manufacturer Eaton Corp struck a deal to buy electrical equipment maker Cooper Industries for $11.8 billion in cash and stock, paying a 29 percent premium to broaden its services to the electrical industry.

Read More