PBOC hosts private meeting with money dealers in light of short-term rate increase

An anonymous People's Bank of China (PBOC) official had met with local money dealers in the bank's efforts to stave off investor worry about rising short-term rates.


Judge approves tentative deal for Countrywide

Judge Mariana Pfaelzer of the US District Court of Los Angeles temporarily approves Countrywide settlement for devalued residential mortgage backed securities.

OGX to file for bankruptcy after talks with bondholders fail

OGX would be filing for bankruptcy should it not be able to meet interest payments to bondholders amounting to USD44.5 million.

Morgan Stanley to widen share buyback plan, will seek regulatory approval - report

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.


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IMF department director Anoop Singh said Japan Prime Minister Shinzo Abe's economic stimulus program had helped the economy of Japan against the effects of the reduction of securities purchases by the US Federal Reserve.
Proxy advisory firm Glass Lewis believed that Thompson's role as chief executive of one of Microsoft's suppliers could create a possible conflict of interest in his position in the Board of Directors.
Customers said the breakup between McDonald's and Heinz Ketchup was stupid, according to a report on The Windsor Star.
McDonald's broke up with Heinz after 40 years due to management changes in the condiment company.
Brixmor Property Group would be raising up to USD 905.6 million when it goes public, helping make 2013 the biggest year for IPOs in the US real estate market.
Consol Energy would be selling some of its assets to Murray Energy Corp in a deal worth USD 850 million.
IfOnly was able to raise USD 12 million from investors in a round led by New Enterprise Associates. San Francisco-based startup IfOnly gathered USD 12 million in capital commitments from various investors.
Private equity company KKR purchased minority stakes in rural wireless infrastructure-focused companies run by Associated Partners.
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.
Original Joe's Franchise Group Inc and its parent company Franworks Franchise Corp received an expanded senior credit facility from GE Capital's Canadian Franchise Finance business.