A Wall Street Journal report cited sources who said Morgan Stanley plans to seek approval from the US Federal Reserve regarding its plans to widen its share repurchase program.
Legal & Regulatory
Hedge funds prod regulator to launch probe on World Acceptance Corp- sources
Sources told Bloomberg that hedge funds were asking the consumer bureau to investigate World Acceptance Corp.
Ally Financial reaches settlement with housing regulators
Ally Financial wrote down a USD170 million charge for its third quarter earnings after reaching a settlement with two US housing regulators.
Former Co-op chief says executives have doubts over viability of Lloyds banking unit acquisition
Former Co-operative Group chief executive Barry Tootell said he and other company executives had doubts over the capability of the mutual fund to acquire 632 Lloyds Banking Group branches for USD750 million.
Intellectual Ventures insists on high royalties for patent licenses from Symantec, Trend Micro
Intellectual Ventures (IV) wanted to collect a combined USD310 million in patent licensing fees from security firms Symantec and Trend Micro.
Latest News
Chrysler amended some of the statements it made for its initial public offering filing. Chrysler Group made changes to its registration statement for its initial public offering.
A stockholder of NQ Mobile Inc filed a case against the Chinese firm for incurring losses after a research report said NQ had inflated its revenues.
A report from the Associated Press revealed that more US troops were taking refuge in military lipo to meet strict physical fitness requirements.
Analysts said the European Commission's approval of Actelion's lung disease drug would have potential investors bid for the Switzerland-based drugmaker.
A rival of Google Inc was not satisfied with the search giant's latest proposal to address antitrust complaints.
The Gulf region, after years of doldrums, is now on the road for recovery according to Morgan Stanley executives.
Oil service company Green Field Energy Services Inc filed for a Chapter 11 bankruptcy protection in a Delaware court.
The New York Fed was looking more closely at mortgage real estate investment trusts, according to a report from the Financial Times.
An estimated USD 28 million worth of bitcoins was confiscated by authorities from the computer hardware of Ross William Ulbricht.
