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NEW YORK (AP) - Brazilian construction conglomerate Odebrecht has been ordered to pay $2.6 billion in fines to settle charges it bribed officials in a dozen countries. The payout ordered by Judge Raymond Dearie in New York City came after a plea...
Canada’s Fairfax Financial Holdings Ltd. confirmed Wednesday evening that it sold Singapore-based property-and-casualty insurer First Capital to Japanese insurer Mitsui Sumitomo Insurance Co. for $1.6 billion.
Aug 23 (Reuters) - Japanese insurer Mitsui Sumitomo Insurance has entered into a deal with Canada's Fairfax Financial Holdings to buy Singapore-based insurer First Capital for $1.6 billion, Fairfax said in a statement on Wednesday.
Glassdoor/UberUber may have tanked in the public's eyes, but its highly publicized scandals from the past few months appear not to have had much effect on its business. Gross bookings — which represent the amount customers pay...
Puerto Rico's governor on Wednesday signed a law that establishes a pay-as-you-go pension plan and sets aside $2 billion this year for tens of thousands of retirees who depend on a public pension system that's expected to run out of money next month.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips No we are not talking about fake Apple products from places like China – there is another iPhone Rip-Off right in front of your eyes. Wireless carriers wi... The post The $7.6...
Toward the end of trading Wednesday, the Dow traded down 0.34 percent to 21,826.33 while the NASDAQ declined 0.30 percent to 6,278.53. The S&P also fell, dropping 0.33 percent to 2,444.42. read more
* OFFERING CONSISTING OF AUD 450 MILLION NOTES WITH FIXED INTEREST RATE OF 4.10 PERCENT PER ANNUM MATURING SEPT 6 2027
The Securities and Exchange Commission said on Wednesday that it had dismissed all charges against Javier Martin-Artajo and Julien G. Grout, two of the traders accused in the loss of more than $6 billion by J.P. Morgan in the London "Whale" case. The...
Precipio Inc (NASDAQ: PRPO) shares tumbled 47.1 percent to $2.37. Precipio reported that it has priced its $6,000,000 public offering. read more
* Tokai Carbon Co sees combination of cost cutting, price increases contributing roughly 4 billion Yen to group operating profit over 2 years through 2018 - Nikkei
Midway through trading Wednesday, the Dow traded down 0.27 percent to 21,840.68 while the NASDAQ declined 0.36 percent to 6,274.96. The S&P also fell, dropping 0.28 percent to 2,445.69. read more
Sean Gallup/Getty ImagesFrom RadioShack to CVS, Sears to JCPenney, over 6,000 retail stores have closed their doors this year.In the same period, Amazon’s stock price skyrocketed over 31% as consumers increasingly opt for its seemingly...
MOSCOW, Aug 23 (Reuters) - A Russian court ruled on Wednesday that the Sistema conglomerate should pay more than 136 billion roubles ($2.3 billion) to oil major Rosneft over the acquisition of the Bashneft oil producer, Sistema said.
Following the market opening Wednesday, the Dow traded down 0.36 percent to 21,821.01 while the NASDAQ declined 0.41 percent to 6,271.94. The S&P also fell, dropping 0.37 percent to 2,443.43. read more
After reaching 1 in 2 high school students in the U.S., Quizlet is on a quest to reach the world's 1.5 billion students.
Nearly eight months into 2017, investors that pay attention to sector-level trends know that financial services stocks are lagging. The Financial Select Sector SPDR (NYSE: XLF) is up about 6 percent year-to-date, well off the 9.5 percent returned by...
W.W. Grainger's (GWW) PE ratio of 16.3x compares to a sector average of 29.3x. The dividend yield of 3.2% compares to a sector average of 1.6%.
Advertising mogul Martin Sorrell told CNBC on Wednesday his company is poised to increase its investment in Facebook to "well over" $2 billion this year.
(Reuters) - Lowe's Companies Inc , the No. 2 U.S. home improvement retailer, reported a 21.6 percent rise in quarterly profit on Wednesday as an increase in remodeling activity boosted traffic to its stores.
The Crown corporation saw its outflows rise by 37 per cent in the fiscal year that ended March 31, bringing the total value of its loan portfolio to $29 billion