Bloomberg
February 16, 2012 | Daily Business Review
International demand wanes for American financial assetsInternational demand for U.S. financial assets cooled in December amid optimism Europe would resolve its debt crisis.
By Bloomberg News
2 minute read
October 26, 2011 | Daily Business Review
Furniture recovery stalls as housing values, confidence sinksThe U.S. furniture industry hasn't emerged from the recession because a "gridlock in housing" has sapped spending on couches and home items, said Furniture Brands International Inc. Chief Executive Officer Ralph Scozzafava.
By Bloomberg News
3 minute read
June 11, 2013 | Daily Business Review
Popular Chairman Says Bank to Re-Examine Its Profit ForecastsBanco Popular Espanol is reviewing the profit forecasts it gave in October to back a $3.3 billion capital increase.
By Bloomberg News
2 minute read
August 20, 2012 | Daily Business Review
Investors moving cash into tax-exempt municipal securitiesMunicipal securities remain cheap relative to U.S. Treasury debt even with investors directing the most cash since 2009 to tax-exempt bonds in the $3.7 trillion market.
By Bloomberg News
4 minute read
January 19, 2012 | Daily Business Review
PNC profit declines 40% as noninterest expense increasesPNC Financial Services Group, the sixth-largest U.S. bank by deposits, said fourth-quarter profit fell 40 percent as noninterest expense surged.
By Bloomberg News
1 minute read
August 02, 2012 | Daily Business Review
Mortgage applications index increased 0.2%Mortgage applications in the U.S. climbed last week as record-low borrowing costs lifted refinancing to the highest level since April 2009.
By Bloomberg News
1 minute read
February 14, 2012 | Daily Business Review
Empire State Building's owner to become REITThe company that controls the Empire State Building, the landmark 102-story skyscraper in midtown Manhattan, plans to raise as much as $1 billion in an initial public offering and become a real estate investment trust.
By Bloomberg News
2 minute read
April 11, 2012 | Daily Business Review
Las Vegas Sands chief plans casinos in Spain, MacauLas Vegas Sands Corp. chairman Sheldon Adelson plans to spend $35 billion on building Spanish gambling resorts over nine years and will add a new Macau location.
By Bloomberg News
3 minute read
April 25, 2012 | Daily Business Review
Wells Fargo, Blackstone buy $560 million in property loansWells Fargo and Blackstone Group agreed to buy about $560 million of U.S. property loans from Eurohypo, a German bank, said three people with knowledge of the transaction.
By Bloomberg News
3 minute read
June 05, 2013 | Daily Business Review
Polo Club Founder Gets August Hearing for Fatal Crash RetrialJohn Goodman, the Wellington polo tycoon whose conviction in the death of a 23-year-old man whose car he slammed into with his Bentley was vacated, is set to appear in court for a hearing.
By Bloomberg News
1 minute read
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