Barchart news. Moody's downgrades Co-op Bank ra
Post# of 63696
Posted On: 06/18/2013 7:04:37 AM
Barchart news.
LONDON (AP) — Moody's has downgraded its ratings on Co-operative Bank for the second time this year on Tuesday — another blow to the troubled lender. ( full story )
 HARTFORD, Conn. (AP) — Texas Gov. Rick Perry extolled the tax policies and regulatory climate of his state as he courted gun manufacturers that have threatened to leave Connecticut since the state passed new gun-control laws in response to the Newtown school massacre. ( full story ) |
| OVERLAND PARK, Kan. (AP) — Sprint Nextel is suing to stop Dish Network's buyout offer for wireless data network operator Clearwire. The nation's third-largest cellphone carrier says the proposed deal violates the rights of Sprint and other Clearwire shareholders. ( full story ) |
| LONDON (AP) — Britain's Serious Fraud Office has charged a former trader with conspiracy to defraud in the rigging of a benchmark interest rate. ( full story ) |
| GENEVA (AP) — Swiss lawmakers have rejected a government-backed banking bill meant to end a high-profile legal standoff with the United States over suspected American tax cheats. ( full story ) |
| SAN FRANCISCO (AP) — Business software maker Oracle Corp. will get a chance to win back the confidence of disillusioned investors with the release of its latest quarterly results. ( full story ) |
 ENNISKILLEN, Northern Ireland (AP) — Leaders from eight of the world's wealthiest countries spent the final hours of their summit Tuesday focusing how to make sure that multinational companies can no longer rely on shelters and loopholes to avoid paying the tax they owe. ( full story ) |
| COPENHAGEN, Denmark (AP) — Danish toymaker Lego says it will expand a factory in the Czech Republic and create some 800 jobs to meet growing regional demand for its popular building blocks. ( full story ) |
 ATHENS, Greece (AP) — State TV signals remain blank in Greece as parties in the governing coalition were still at odds over what to do with public broadcaster ERT. ( full story ) |
 LONDON (AP) — Stocks edged higher Tuesday ahead of a two-day policy meeting of the U.S. Federal Reserve that could have a huge influence on how investors see the future path of the country's monetary policy. ( full story ) |
| WASHINGTON (AP) — A measure of U.S. consumer prices likely ticked up in May after two months of declines caused by lower gas prices. The small increase would add to evidence that inflation remains tame. ( full story ) |
| SEOUL, South Korea (AP) — South Korea has begun accepting bids from aircraft makers to supply 60 new fighter jets at an estimated cost of $7.3 billion (8.3 trillion won). ( full story ) |
| WASHINGTON (AP) — U.S. home construction has risen steadily in the past year, fueled by more buyers and a scarcity of houses for sale. ( full story ) |
 NEW YORK (AP) — He really is more than a businessman. ( full story ) |
| LE BOURGET, France (AP) — Boeing Corp. is starting work on a stretched-out version of its popular 787 Dreamliner jet, in the hope of reigniting interest in the aircraft after battery-related problems. ( full story ) |
| WASHINGTON (AP) — U.S. home construction has risen steadily in the past year, fueled by more buyers and a scarcity of houses for sale. ( full story ) |
| COPENHAGEN, Denmark (AP) — Danish shipping and oil group A.P. Moller-Maersk says the world's three biggest shipping container operators have entered an alliance to reduce fuel consumption and improve service and operations. ( full story ) |
 MILAN (AP) — European car sales hit their lowest level for the month of May in 20 years as the region's recession dragged on, the European automakers' association said Tuesday. ( full story ) |
| WASHINGTON (AP) — There's good news for most companies that provide health benefits for their employees: America's slowdown in medical costs may be turning into a trend, rather than a mere pause. ( full story ) |
| BANGKOK (AP) — The price of U.S. benchmark oil fell slightly Tuesday, a day after briefly touching a nine-month high, as traders awaited the start of a Federal Reserve policy meeting. ( full story ) |
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