FTSE 100 rises for ninth day to record best run since July 2009, helped by Severn Trent bid

Leading shares enjoyed their best run for nearly four years after a ninth day of rises. Markets have been supported recently by central bank action to boost the global economy, but the extra ingredient on Tuesday was a wave of bid talk and some positive company updates. Severn Trent soared 252p to £20.77 after it...

guardian.co.uk (5 days ago)

Yahoo to ramp up marketing to woo younger users, says CFO

By Alexei Oreskovic SAN FRANCISCO (Reuters) - Yahoo Inc plans to ramp up advertising and marketing efforts as it seeks to break its reliance on an "aging demographic" and become more relevant among young adults, the company's finance chief said on Tuesday. The struggling Web portal's brand will be more visible on...

yahoo.com (5 days ago)

NY court dismisses fraud claims vs. Goldman over Abacus CDO

foxbusiness.com (5 days ago)

NY court dismisses fraud claims vs. Goldman over Abacus CDO

NEW YORK (Reuters) - A New York appeals court dismissed a case against Goldman Sachs Group Inc brought by a bond insurer who claimed it was fraudulently induced to insure the bank's Abacus product tied to subprime mortgages.

reuters.com (5 days ago)

Yahoo CFO: ‘We want to be cool again’

Yahoo CFO Ken Goldman admits the company has an ‘aging demographic’ and says the Web portal wants to be ‘cool’ again by attracting users aged 18-34.

marketwatch.com (5 days ago)

UH-OH: Goldman Is Thinking About Making Its Own Bloomberg Chat Technology

Despite the scandal regarding Bloomberg reporters spying on clients using their terminal, there haven't been many reports about clients actually doing anything about it. But maybe that will change? According to the NY Post, Goldman Sachs is considering making its own encrypted messaging system for traders using...

businessinsider.com (5 days ago)

Nvidia Strikes Deal with Goldman to Buy Back $750 Million of its Shares

foxbusiness.com (5 days ago)

Nvidia in Goldman deal to buy back $750M shares

Nvidia Corp. NVDA said it struck an accelerated share repurchase agreement with Goldman Sachs Group Inc. GS under which the chipmaker will buy back $750 million of its stock. The company will acquire the shares as part of its previously announced intention to return over $1 billion to shareholders in the current...

marketwatch.com (5 days ago)

Christine Quinn Reacts To Controversial NY Times Article

City Council Speaker and New York City mayoral candidate Christine Quinn appeared at Fortune Magazine's Most Powerful Women event on Monday and assured the audience that she was unperturbed by news reports detailing her "pushy" personality. At an event which Fortune Magazine called a taste of the publication's...

huffingtonpost.com (5 days ago)

Yahoo Price Target Raised To $30 By Goldman

foxbusiness.com (5 days ago)

On this day in Rochester history: The death of 'the most dangerous woman in America'

On this day in Rochester history, May 14, 1940, Emma Goldman, once described as "the most dangerous woman in America," died at the age of 70.

democratandchronicle.com (5 days ago)

A rosier short-term

Good news from the fiscal front: The federal deficit is shrinking faster than expected. During the first half of fiscal 2013, revenues have come in greater than forecast, and spending, less; Goldman Sachs expects the total deficit to equal 4.8 percent of gross domestic product (GDP), rather than 5.6 percent as the...

sltrib.com (5 days ago)

Blankfein Will Not Be Happy About This

NEW YORK (Reuters) - Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday. Shareholders should also vote against director James Johnson,...

huffingtonpost.com (5 days ago)

Goldman Pours Cold Water On The Inflation Expectations In Japan

Inflation expectations (CPI this evening) have risen on expectations surrounding Prime Minister Abe’s policies and bold BOJ monetary easing under Kuroda. In developed economies, inflation expectations are often measured using the breakeven inflation rate (BEI) embodied in inflation-indexed government bonds. And...

zerohedge.com (5 days ago)

Goldman Ex-Trader Alters Legal Team

Former Goldman Sachs executive Fabrice Tourre has added a veteran litigator in his legal fight to beat civil fraud charges.

wsj.com (5 days ago)

Glass Lewis tells Goldman shareholders to vote no on executive pay

The proxy advisory service cited a disconnect between pay and performance

efinancialnews.com (6 days ago)

Glass Lewis Says to Vote No on Goldman Executive Pay

foxbusiness.com (6 days ago)

Glass Lewis: Goldman shareholders should vote no on compensation

foxbusiness.com (6 days ago)

Glass Lewis: Goldman shareholders should vote no on compensation

By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday. Shareholders should also vote against...

yahoo.com (6 days ago)

Glass Lewis: Goldman shareholders should vote no on compensation

NEW YORK (Reuters) - Goldman Sachs Group Inc shareholders should vote against the Wall Street bank's executive compensation proposal because the board has "failed to link pay with performance," proxy advisory firm Glass Lewis said in a report on Monday.

reuters.com (6 days ago)

Glass Lewis Tells Goldman Shareholders to Vote No on Pay; ISS Says Vote Yes

foxbusiness.com (6 days ago)

Bloomberg editor apologizes for snooping on clients

New York - The editor-in-chief of Bloomberg News apologized Monday for the financial news service’s practice of accessing private data on clients through the company’s information service. Journalists at Bloomberg News, until recently, had been able to see when clients last accessed their Bloomberg information...

sltrib.com (6 days ago)

Glass Lewis' Goldman Pay Advice

Glass Lewis advised Goldman shareholders to vote no to company's exec compensation proposal due to lacking performance.

cnbc.com (6 days ago)

Reject Goldman Exec Pay Plan: Glass Lewis

NEW YORK (TheStreet) -- Influential shareholder proxy advisory firm Glass Lewis is advising shareholders of Goldman Sachs to vote against its executive compensation plan. In a report Monday, the firm said the investment bank failed to align pay with performance, a concern it raised last year even though it...

thestreet.com (6 days ago)

Glass Lewis Recommends Voting Against Goldman Sachs Sale

NEW YORK (TheStreet) - Proxy advisory firm Glass Lewis is recommending Goldman Sachs shareholders vote against an investor proposal for the company to consider selling itself. According to Goldman's annual proxy statement released in April, a shareholder proposed the investment bank hire advisors to explore...

thestreet.com (6 days ago)

Does It Get Any Prettier Than San Francisco's Painted Ladies?

San Francisco's "Painted Ladies" rank up there with other famous attractions in our favorite city -- the Golden Gate bridge, Alcatraz, etc. Because of the iconic status of these homes, it can be easy to forget that people actually get to live in them. (And they pay a pretty penny for that privilege.) Painted...

huffingtonpost.com (6 days ago)

Lloyd Blankfein’s Obituary – Written By Jim Cramer

NOTE: For this to work, I recommend reading the following obituary in Jim Cramer's voice. Also, imagine that Jim Cramer is suffering from Tourette Syndrome, where he just yells out random shit in the middle of a conversation. Lloyd Blankfein's Obituary: Hey I'm Cramer. Welcome to Mad Money. Welcome to Cramerica....

zerohedge.com (6 days ago)

Glass Lewis Tells Goldman Shareholders to Vote No on Executive Pay

foxbusiness.com (6 days ago)

The Bloomberg 'snooping scandal' is completely overblown | Heidi Moore

Bloomberg News has been accused of violating the privacy of its users by collecting their personal contact information and usage practices to fuel its stream of financial news. After a few days of controversy, the news company has backed down, calling its practices both, in origin, "as old as Bloomberg itself" and,...

guardian.co.uk (6 days ago)

A Bloomberg Employee Accidentally Posted More Than 10,000 Trader Messages And They Were Available...

And this is just getting even more embarrassing... The Financial Times' Daniel Schäfer and Andrew Edgecliffe-Johnson report that thousands messages between traders on their Bloomberg Terminals were accidentally posted online and available through a simple Google search for years. The more than 10,000 messages from...

businessinsider.com (6 days ago)