Wisconsin Energy Corp., Oracle Corp., and General Electric Co. may all see active trading after deals, or talk of deals. Read entire story.
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The publication of the durable goods orders reports from the United States earlier this afternoon revealed a mixed sentiment regarding the manufacturing sector of the world’s largest economy. The nominal figure came in with a reading slightly below forecasts with a 0.8{04524d497bea0ade6defd1388b5c9b25998d95475e2938b4fa9d615e63ad1540} contraction. The core reading, however, beat forecasts with…
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Federal Reserve to adopt bank risk retention rule next week
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- October 15, 2014
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WASHINGTON (Reuters) – The U.S. Federal Reserve will meet next week to adopt a rule requiring that banks keep some risk on their books when they sell loans, addressing a crucial issue that helped set off the 2007-09 credit crisis. The Fed said it will meet on Oct. 22 to adopt the …