Imperial Tobacco Buys Back 100,000 Shares For Treasury/2436.04P
Imperial Tobacco Group PLC (IMT.LN) said Thursday it purchased 100,000 of its own ordinary shares at an average price of 2436.04 pence to be held as treasury shares.
BT Group Buys Back 1 Million Shares For Treasury/215.9469P
BT Group PLC (BT.LN) announced Thursday that it purchased 1 million of its own ordinary shares at an average price of 215.9469 pence per share to be held as treasury shares.
AMR Seeks Bankruptcy Court OK of TWU Labor Deals
AMR Corp. (AAMRQ) is asking a bankruptcy judge to sign off on new labor agreements with its mechanics that will save the American Airlines parent nearly $172 million per year while also providing for annual pay increases.
Judge Approves Lehman Deals with Deutsche Bank, Wilbur Ross
A bankruptcy judge on Thursday approved two key deals for Lehman Brothers Holdings Inc. (LEHMQ), as the failed investment bank and its brokerage continue winding down and freeing up money for creditors.
UBS Dislikes Nasdaq's Facebook IPO Payback Plan
UBS AG (UBS, UBSN.VX)) decried a proposal from Nasdaq OMX Group Inc. (NDAQ) to make up losses for firms damaged in the Facebook Inc. (FB) stock-market debut, calling the plan "woefully inadequate." The Swiss banking group, which pegged its own losses in the episode at $356 million, in a letter
Investment Banking Staffing Shrinks 5.6% in Year
The number of investment banking jobs at the world's largest banks has fallen by around 5.6% over the past 12 months, according to Financial News analysis, as financial institutions look to stave off the impact of increased costs and declining fee revenues.
Obama, Romney to Begin Accepting Donations Via Text
The Obama and Romney campaigns will soon begin accepting text message donations, marking the beginning of what could be a revolution in U.S. campaign finance.
U.S. GAS: Futures Fall Sharply on Larger Inventory Rise
Natural-gas futures tumbled Thursday after government data showed gas storage levels rose more than expected last week, indicating weakening demand.
Report: Spain Negotiating With Eurozone Over Sovereign Aid
Spain is reportedly in talks with eurozone partners over conditions for aid to bring down its borrowing costs.
Canadian Stocks Drop, Led Lower By Potash Corp.
Canadian stocks dropped on Thursday, with the S&P/TSX Composite Index slipping 0.2% to 12,091.99.