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Monthly Archive July, 2009

Former U.S. Congressman sues Carlyle: report

July 14, 2009

Former Republican Congressman Michael Huffington has filed a lawsuit against Carlyle Group alleging the private-equity firm misrepresented the safety of Carlyle Capital Corp, the […]

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Debt-laden CanWest bleeds more red ink

July 13, 2009

WINNIPEG–CanWest Global Communications Corp., struggling under a $4 billion debt load, said yesterday a goodwill impairment charge in its publishing operation led to widened […]

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Could bonds pull mortgage rates down even more?

July 11, 2009

Falling bond yields could spur a slight drop in medium-term residential mortgage rates this summer, but bargain-hungry consumers would be foolish to count on considerably […]

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Infosys Q1 profit up, beats estimates

July 10, 2009

Infosys Technologies Ltd beat expectations with a 17 percent rise in quarterly profit and raised its full-year forecast at the lower end on hopes […]

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EU extends import fee on U.S. biodiesel

July 9, 2009

BRUSSELS — The European Union extended import fees on U.S. biodiesel Tuesday, saying it had to protect European producers from unfair American subsidies and […]

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Wells Fargo to expand securities business: report

July 8, 2009

Wells Fargo & Co will announce an expansion in its securities business, the Wall Street Journal reported on its website.
The bank plans to “grow […]

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St. Louis metro unemployment jumped to 9 percent in May

July 3, 2009

The Bureau of Labor Statistics reported Tuesday that the jobless rate in metropolitan St. Louis jumped from 8 percent in April to 9 percent […]

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