Daily News 'Europe News'
Facebook Prices Its IPO at $38
Share Tweet Facebook priced its initial public offering at $ 38 a share, which would value the company at $ 104 billion. The company tried floating higher numbers to investors but was rebuffed. Shayndi Raice has details on The [...]
5-18, 2012 7:07
Treasury Yields Sink to Lowest Level on Record
Share Tweet Unsettling news on both sides of the Atlantic helped send U.S. stocks plunging Thursday and drove 10-year Treasury yields to their lowest closing level on record. WSJ.com: Europe Home [...]
5-18, 2012 6:21
H-P to Cut 30,000 Jobs in Revamp
Share Tweet Hewlett-Packard Chief Executive Meg Whitman plans a companywide restructuring that will include the elimination of about 30,000 jobs. Ben Worthen has details on The News Hub. Photo: AP. WSJ.com Video – News [...]
5-18, 2012 6:21
H-P to Slash Work Force by up to 30,000
Share Tweet Hewlett-Packard plans to cut its workforce by 25,000 to 30,000 employees, a record number for the venerable tech giant as it grapples with declining revenue and profits. WSJ.com: Europe Home [...]
5-18, 2012 5:35
J.P. Morgan’s Dimon to Testify Before Senate Panel
Share Tweet J.P. Morgan Chief Executive James Dimon will testify before a key Senate panel as early as next month about his company’s $ 2 billion-plus trading loss. Victoria McGrane has details on The News Hub. Photo: Bloomberg. WSJ.com [...]
5-18, 2012 4:48
Greek Leftist Leader Challenges EU on Debt
Share Tweet Alexis Tsipras, head of Greece’s radical left party, said in an interview with the Journal that there is little chance Europe will cut off funding to the country and if it does, Greece will repudiate its debts. [...]
5-18, 2012 4:01
Music Legend Donna Summer Dead At 63
Share Tweet WSJ’s Chris Farley visits Mean Street to look back on the career of music superstar Donna Summer, who passed away on Thursday at 63. WSJ.com Video – News [...]
5-18, 2012 3:16
Are Bank Runs the Reign In Spain?
Share Tweet WSJ MarketBeat’s Paul Vigna checks in on Mean Street to discuss the dive in Spain’s Bankia shares and looks at whether similar deposit concerns could emerge throughout Europe. Photo: Reuters. WSJ.com Video – News [...]
5-18, 2012 2:29
Kenny Dalglish Sacked by Liverpool Football Club
Share Tweet Liverpool manager and Merseyside legend Kenny Dalglish was sacked by the soccer club fuelling speculation on who might succeed him. WSJ’s Jonathan Clegg discusses whether this signals a dawn for the football club. Photo: Getty Images WSJ.com [...]
5-18, 2012 1:42
White House Steps Up Push to Toughen Bank Rules
Share Tweet In the wake of losses at J.P. Morgan, the White House is seeking to ensure a tough interpretation of a regulation designed to prevent banks from making bets with their own money. Carol Lee has details on [...]
5-18, 2012 0:55
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