The Federal Reserve will put banks through a stress test where the unemployment rate jumps to 10%, the stock market dives by 60%, and oil prices reach $110 a barrel, according to the methodology released Thursday.
By Jennifer Booton, MarketWatch
NEW YORK (MarketWatch) -- The markets for personal ads and small -business reviews are taking a hit as tech-savvy Internet users find alternative means of scouting out recommendations for everything from restaurants to handyman services.
By Ese Erheriene
LONDON--The chief executive of Norwegian aluminum giant Norsk Hydro (NHYDY, NHY.OS) said Thursday he is disappointed by the company's earnings performance and vowed to improve profitability.
-- Top Chefs and Culinary Stars Including Robert Irvine, Ming Tsai, Lorena Garcia, Donatella Arpaia, Geoffrey Zakarian, Dominique Ansel, CJ Jacobson and Raul de Molina to Appear Live During 24-Hour HSN Cooks Event -
-- Prepare for a Season of 'Merry Meals' with Culinary Greats Guiding Shoppers through the Holidays with Exclusive Tips and Tricks -- ST.
A.M. Best has placed under review with negative implications the
financial strength rating of B+ (Good) and the issuer credit rating of
“bbb-“ of Global Liberty Insurance Company of New York (Global)
The rating actions follow the recent announcement that Atlas
Financial Holdings, Inc. (Atlas) [NASDAQ:AFH] has entered
into a definitive agreement to acquire Global along with its affiliated
underwriting and premium finance companies for approximately $25 million.
By Inti Landauro
PARIS--French construction material maker Saint-Gobain SA (SGO.FR) Thursday said it will step up its cost-cutting plan in the second half of this year and in 2015, after it reported falling revenue in the third quarter.
By Noemie Bisserbe and Inti Landauro
PARIS--AXA SA (CS.FR), Europe's second-largest insurer by market value, on Thursday said the weakening euro is likely to boost fourth-quarter revenue after income stagnated during the first nine months of the year.
FPL, Babcock Ranch and Lee County Electric Cooperative reach an agreement enabling Babcock Ranch development to proceed Provides FPL with yet another location with which to develop a large scale solar facility
JUNO BEACH, Fla.
By William Watts, MarketWatch
NEW YORK (MarketWatch) -- Gold futures fell Thursday, undercut as upbeat economic data and favorable corporate earnings results propelled stocks higher, signaling renewed investor appetite for risk and undercutting demand for so-called safe-haven assets like gold.
(NYSE: PG) – For the third year , Telenovela Actress
and Singer Maite Perroni joins Pantene Beautiful Lengths to encourage
communities across the country to share their strength and donate their
beautiful, healthy hair to create free wigs for women who have lost
their hair due to cancer treatment.
Ingersoll-Rand plc (NYSE:IR) (the “Company,” “we” and “our”) today
announced that it expects its indirect, wholly-owned subsidiary,
Ingersoll-Rand Luxembourg Finance S.A. (“IR Lux”), to offer, subject to
market and other conditions, senior notes (the “Notes”) in a registered
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