Reuters – Former San Diego officials will pay financial penalties to settle charges that they misled investors about the city’s municipal bonds, the Securities and Exchange Commission said on Wednesday.
SAN FRANCISCO (MarketWatch) — Gov. David Paterson will not seek re-election in November, The Wall Street Journal reported in its online edition Friday
SAN FRANCISCO (MarketWatch) — Gold futures briefly dipped lower Friday after a report showed existing home sales fell 7.2% in January, while a separate survey showed consumer sentiment in February fell slightly, just under expectations. Gold for April delivery turned lower after the data but recently recouped those losses to post a modest gain, with the contract $1.20, or 0.1% higher, at $1,109.7 an ounce. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move
SAN FRANCISCO (MarketWatch) — Assured Guaranty late Thursday reported that it swung to a fourth-quarter net income of $216.7 million, or $1.27 a share, from a net loss of $243.8 million, or $2.66 a share, in the same period last year. The bond insurer said operating income, which excludes net realized investment gains and losses and other items, totaled $155.9 million, or 91 cents a share, compared with $3.5 million, or 4 cents a share, a year earlier
SAN FRANCISCO (MarketWatch) — BlackRock Inc. said late Thursday that its board raised the quarterly dividend 28% to $1 from 78 cents.
SAN FRANCISCO (MarketWatch) — Fluor Corp.
SAN FRANCISCO (MarketWatch) — VMware Inc. said Thursday it would acquire “certain software products and expertise” from EMC Corp.’s Ionix IT management business in a deal valued at $200 million. VMware will acquire software solutions used to improve the deployment and management of servers and applications.
SAN FRANCISCO (MarketWatch) — Wynn Resorts Ltd. said late Thursday that its fourth-quarter loss narrowed to $5.2 million, or 4 cents a share, from $159.6 million, or $1.49 a share, in the year-ago period. Excluding one-time costs, the casino operator would have reported earnings of 8 cents a share.
SAN FRANCISCO (MarketWatch) — Novell Inc. said Thursday its fiscal first-quarter net income rose to $20.2 million, or 6 cents a share, from $10.7 million, or 3 cents a share in the same period a year earlier. The Waltham, Mass.-based provider of business software said revenue for the period ended in January fell to $202.4 million from $214.9 million
SAN FRANCISCO (MarketWatch) — Standard & Poor’s said Thursday it may downgrade the senior unsecured debt ratings on PepsiCo Inc. because of a proposal to acquire Pepsi Bottling Group Inc
