The US Court of Appeals in Denver ruled for the National Credit Union Administration and allowed it to use the extender statute to pursue its claims against big banks regarding MBS.
Sectors
Australia' AGL Energy Ltd postpone power plant development as demand weakens
Australia's AGL Energy Ltd said that weakened demand prompted the company to delay the development of its power plants.
Plains All American bids for PAA Natural Gas Storage shares
Plains All American Pipeline LP offered USD740 million in stock to buy the 54% of PAA Natural Gas Storage LP that it does not already own.
DOTC defers bidding for proposed ticketing system of MRT, LRT
A Philippine regulator postponed the bid for a ticketing system to be used by the MRT and LRT. The Department of Transportation and Communications (DOTC) in the Philippines deferred the submission of bids for the ticketing system of the country's rail transportation systems.
AssuredPartners Inc completes acquisition of GBP Risk Solutions
AssuredPartners closed its purchase of GBP Risk Solutions, an Arizona-based insurance firm. Florida-based AssuredPartners Inc announced the completion of its acquisition of Golseth & Gregson Insurance Services which does business as GBP Risk Solutions.
Latest News
Wal-Mart Stores Inc signed a deal to import South African wine label Seven Sisters in an agreement that ended the legacy of apartheid.
Sources said Grupo Mexico would delay its planned initial public offering of its America Mining stake.
Las Vegas Sands Corp pays USD47.4 million to end federal probe on suspicious cash flow. The Las Vegas Sands Corp, operator of the Venetian and Palazzo hotel complex in Las Vegas, agreed to pay USD47.
The Hong Kong Stock Exchange would need to make a difficult decision on Alibaba's proposal to retain control after its planned IPO.
South African grocer Spar Group Ltd said it would be working with an Angolan partner to open a store in Luanda in the next six months.
The United States would be offering loans again through its Advanced Technology Vehicle Manufacturing loan facility.
Japan-based Nissan Motor Co said it would be willing to work with Google and other firms to develop self-driving vehicle systems.
The US Federal Communications Commission said it is working with CBS and Time Warner to bring an end to the blackout that affected their consumers.
Ultratech Cement is in the advanced stages of its discussions with Jaypee Cement Corporation for the acquisition of 51% stake in the company's Gujarat facility.
