FBN Holdings Reports 7.7% Rise In Gross Earnings (N194.9B) For First half Of Year

SAN FRANCISCO, August 28, (THEWILL) – FBN Holdings Plc Tuesday reported its unaudited IFRS compliant results for the first half of the year which...

Wal-Mart To Cover U.S. Workers’ Domestic Partners In 2014

Wal-Mart Stores Inc said on Tuesday it will offer health insurance benefits to domestic partners of its U.S. employees starting next year. The world's largest...

U.S. SEC To Meet Heads Of Exchanges September 12 Over Nasdaq Glitch

The Securities and Exchange Commission will meet with heads of exchanges on September 12 to discuss last week's trading glitch with Nasdaq-listed stocks, the...

Wall Street Slides On Worry West Will Strike Syria

U.S. stocks fell on Tuesday as signs grew of an impending military strike against Syrian President Bashar al-Assad's forces in retaliation for a chemical...

Ackman Turns Back On J.C. Penney, Sells Entire Stake In Retailer

Hedge fund manager William Ackman, the biggest shareholder in J.C. Penney Co Inc, said on Monday he had sold his entire stake after his...

Keystone Bank Declares N2.8B Profit

SAN FRANCISCO, August 26, (THEWILL) - From a loss of N7.9billion in five months ended 31 December 2011, Keystone Bank Limited has posted a...

Insight: Trades From 1990s Come Back To Haunt Wall Street

In the 1990s, U.S. banks came up with a clever idea: using life insurance to bet that their employees would eventually die. Now those...

Italian Tensions In Focus As Emerging Assets Calmer

Italian shares and bonds fell on Monday after a threat from Silvio Berlusconi's party to bring down the government while a weaker dollar and...

Analysis: New Microsoft CEO Faces Big Choices Post-Ballmer

The next CEO of Microsoft Corp has one big decision to make: press on with retiring chief executive Steve Ballmer's ambitious plan to transform...

Greece Could Return To Debt Market In Late 2014, Stournaras Says

Greece could return to debt markets to test the water in the second half of 2014 if his country returns to growth in the...