Fed optimistic on changing Wall St pay packages (Reuters)
The Federal Reserve expects the largest U.S. banks to make progress this year in overhauling their pay practices, while acknowledging that more dramatic changes may take longer to implement, a Fed official said on Thursday.
Bemis closer to finalizing Alcan buyout; shares up (AP)
Bemis Co. should be able to quickly close its deal to buy the Alcan packaging unit from Rio Tinto PLC now that it has reached an agreement with the Department of Justice to sell off certain assets, an analyst said Thursday.
Palm stock tumbles 20%
Palm's shares fell nearly 20% Thursday after the company's CEO said 2010 sales would be "well below" its forecasts, citing worse-than-expected sales of its new smartphones.
Market speaks: Health reform doesn't matter
If you believe the stock market, health care reform is a dead subject.
40c already this morning in our live trade room, 400$ profit from 2 trades
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Our Live Crude Trade Room
45cents yesterday in our live trade room. Great day, over 450$ in profit trading only one contract...
Stock futures edge up ahead of opening (AP)
Stock futures are littled changed as investors remain cautious about the strength of the economy ahead of Federal Reserve chief Ben Bernanke's testimony before Congress.
Fuel Tech Awarded Multiple Air Pollution Control Orders Totaling $2.0 Million; Includes ULTRA Systems in China (Business Wire)
WARRENVILLE, Ill.----Fuel Tech, Inc. , a world leader in advanced engineering solutions for the optimization of combustion systems and emissions control in utility and industrial applications, today announced receipt of air pollution control contracts totaling $2.0 million.
Ahead of the Bell:SEC poised to curb short-selling (AP)
Federal regulators are poised to rein in the practice of short-selling, restoring Depression-era restraints, in a bid to prevent stock-selling sprees that feed on themselves and can heighten market turmoil.