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Archive for 10/08/12

First drop in 6 weeks in hedge funds commodity longs

NEW YORK | Fri Sep 28, 2012 7:09pm EDT NEW YORK (Reuters) - Hedge funds and other big speculators have pulled more than $5 billion from U.S. commodity markets, cutting their net long position for the first time in six weeks after sending oil, metals

First drop in 6 weeks in hedge funds commodity longs

NEW YORK | Fri Sep 28, 2012 7:09pm EDT NEW YORK (Reuters) - Hedge funds and other big speculators have pulled more than $5 billion from U.S. commodity markets, cutting their net long position for the first time in six weeks after sending oil, metals

BofA pays $2.4 billion to settle claims over Merrill

Fri Sep 28, 2012 6:05pm EDT n">(Reuters) - Bank of America Corp agreed on Friday to pay $2.43 billion to settle claims it hid crucial information from shareholders when it bought investment bank Merrill Lynch & Co at the height of the financial

GM dismisses claims in Spyker's $3 billion lawsuit over Saab

Sat Sep 29, 2012 12:52am EDT n">(Reuters) - General Motors Co (GM.N) on Friday dismissed claims made in a $3 billion lawsuit filed by Saab's parent that the U.S. automaker deliberately bankrupted the Swedish company by blocking a deal with a Chinese

Consumer sentiment gains to four-month high in September

A shopper walks down an aisle in a newly opened Walmart Neighborhood Market in Chicago in this September 21, 2011 file photo. Credit: Reuters/Jim Young/FilesNEW YORK | Fri Sep 28, 2012 10:23am EDT NEW YORK (Reuters) - Consumer sentiment rose to its

Jay-Z goes back to his roots at Brooklyn stadium launch

Entertainer Jay-Z performs on stage at the newly built Barclays Center in the Brooklyn borough of New York September 28, 2012. This is the first event at the new stadium. By Sinead CarewNEW YORK | Sat Sep 29, 2012 2:45am EDT NEW YORK (Reuters) - Rap

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