ROCHESTER — Eastman Kodak Co. narrowed its third-quarter loss to $43 million, lifted by vigorous inkjet printer sales, lower costs and a big licensing deal with a digital-camera business.
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Read More »October 28, 2010 Comments Off on Kodak posts narrower 3Q loss of $43M
ROCHESTER — Eastman Kodak Co. narrowed its third-quarter loss to $43 million, lifted by vigorous inkjet printer sales, lower costs and a big licensing deal with a digital-camera business.
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Read More »September 15, 2010 Comments Off on Debate sought on policing Wall Street
NEW YORK CITY — Hours after winning the Democratic nomination for New York attorney general Tuesday night, state Sen. Eric Schneiderman challenged his Republican opponent, Staten Island District Attorney Dan Donovan, to a debate how to crack down on crimes in financial markets.
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Read More »August 10, 2010 Comments Off on Wall Street closely watching Fed’s next move
WASHINGTON, D.C. — Federal Reserve policymakers are pondering ways to jump-start the economic recovery. The trick: making sure whatever they do or say doesn’t rattle Wall Street.
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Read More »June 11, 2010 Comments Off on Lawmakers begin merging Wall St bills
WASHINGTON, D.C. — House and Senate lawmakers last week began assembling a massive financial regulation bill on Thursday, dividing sharply along partisan lines as Democrats vowed to fend off efforts to weaken its major provisions.
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Read More »April 23, 2010 Comments Off on Xerox 1Q results lift stock, revenue climbs
NORWALK, Conn. — Xerox Corp.’s first-quarter results as well as its forecast for the current quarter topped Wall Street expectations Friday as revenue from services and copier and printer supplies picked up.
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Read More »April 21, 2010 Comments Off on Senate panel approves tougher derivatives rules
WASHINGTON, D.C. — A Senate panel has approved legislation that would limit the ability of Wall Street banks to trade complex financial tools called derivatives.
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Read More »April 19, 2010 Comments Off on Goldman Sachs shares dip, analysts upbeat
NEW YORK CITY — Wall Street analysts maintained positive views Monday on Goldman Sachs Group Inc., even though the investment bank’s shares continued to take a hit because it faces civil fraud charges.
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Read More »April 14, 2010 Comments Off on Geithner: Banks will bear costs of failure
WASHINGTON — Treasury Secretary Timothy Geithner says the cost of taking down large failing financial institutions will be borne by big banks, not taxpayers, under legislation that would overhaul the regulations governing Wall Street.
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Read More »April 7, 2010 Comments Off on SEC seeks tighter securities rules
WASHINGTON, D.C. — Federal regulators on Wednesday proposed new, stricter rules for asset-backed securities, the bundles of loans that helped spark the market’s collapse in 2008 and nearly brought down the financial system.
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Read More »March 5, 2010 Comments Off on Busy week on tap for IPOs
NEW YORK CITY — Next week is shaping up to be a busy one for market debuts with four companies planning IPOs — a sign that the battered sector is again picking up steam.
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Read More »March 2, 2010 Comments Off on Senate mulls consumer protections
WASHINGTON, D.C. — More than a year after Lehman Brothers’ collapse set off a financial panic, U.S. Senate negotiators are laboring to seal a deal over a consumer protection dispute holding up broad legislation to establish new rules for Wall Street.
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Read More »February 3, 2010 Comments Off on ‘Octopussy’ pleads not guilty
NEW YORK CITY — A man regulators call “the Octopussy” and six other white-collar defendants pleaded not guilty Tuesday in federal court in Manhattan to securities fraud charges in an insider trading case that has shaken Wall Street. Prosecutors have ...
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