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News & Updates
December 3, 2013 Brent Falls From Near 3-month High With OPEC in FocusSource: Wall Street Journal
LONDON--Brent crude oil prices fell slightly in London Tuesday after they briefly hit a near three-month high in the previous session. Brent crude for January delivery fell 4 cents to $111.41 a barrel on ICE Futures Europe. U.S....
December 3, 2013 New Socially Responsible Investing Committee Meets This WeekSource: BU Today
The Advisory Committee on Socially Responsible Investing (ACSRI), whose formation was approved by the Board of Trustees last April, will meet for the first time this week. Approval of the committee was based on the recommendation...
December 3, 2013 Madoff’s Fake Trading Was Obvious, Ex-Finance Chief SaysSource: Bloomberg
Bernard Madoff’s finance chief, who pleaded guilty to aiding his $17 billion fraud, said he could tell right away that fake trades were being used in customer accounts in 1975 when he joined the firm after high school. The...
December 3, 2013 Canada at Crossroads in Bid to Become Energy SuperpowerSource: Bloomberg
Canada’s bid to become what Prime Minister Stephen Harper calls an energy “superpower” is at risk as approval delays for new pipelines threaten an industry already hurt by high costs and rival production. The world’s...
December 3, 2013 Goldman and JPMorgan’s New Capital Plans Satisfy RegulatorSource: NY Times
Goldman Sachs and JPMorgan Chase have finally overcome a regulatory rebuke that had been hanging over both banks since the Federal Reserve performed stress tests this year on large financial firms.
Source: Washington Post
Missing from the Security and Exchange Commission’s list of regulatory priorities for the coming year is any plan to consider whether public companies should disclose their political spending, a setback for investor advocates who...
December 2, 2013 Record crowds shop over holiday weekend, but spending declinesSource: Boston.com
NEW YORK (AP) — Did stores shoot themselves in the foot? Target, Macy’s and other retailers offered holiday discounts in early November and opened stores on Thanksgiving Day. It was an effort to attract shoppers before Black...
December 2, 2013 Sovereign-Rating Change Flurry Seen Amid New Rules: Euro Credit
Businessweek - Standard & Poorâs stripped the Netherlands of its AAA status last week for the first time, while raising its grade for Cyprus and adjusting its outlook on Spain. îFitch Ratingsî raised its...
December 2, 2013 U.S. stocks end lower, but post solid monthly gainsSource: Market Watch
NEW YORK — U.S. stocks closed mostly lower on Friday, pulling back from Wednesday’s record levels, but still achieved gains for the week and month. The main indexes spent most of the shortened, post-Thanksgiving session in...
December 1, 2013 Europe stocks post modest Nov. rise; Spain fumbles
MarketWatch - The îStoxxî Europe 600 index (STX:XX:SXXP) (STX:XX:SXXP) 0.03 point, or less than 0.1%, shaved off to close at 325.16. That left the pan-European index with a 0.7% weekly rise and a 0.9% gain for the...
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