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CONSUMER FINANCE: Credit-Card Pact Is No Deal for Consumers
The $7 billion settlement between Visa Inc. (V), MasterCard Inc. (MA), some large banks and retailers, if approved, sends a strong message to consumers: Buck up and plan on paying for the privilege of using a credit card or any other payment method.
HSBC Cuts 2012 Base Metal Forecasts, But Sees Upside In 2H12
HSBC Wednesday trimmed its 2012 price outlook on copper, aluminum, nickel and zinc, but noted the potential for price gains later in the year as market fundamentals come back into focus.
Uganda To Pave 1,180 Miles of Roads To Boost Agriculture and Oil Sectors
Special to DOW JONES NEWSWIRES KAMPALA Uganda--The Uganda government has issued tenders for paving at least 1,180 miles of roads in the next three years in a bid to support the "primary growth" of the country's agriculture, tourism and oil sectors, the state-run Uganda National Roads Authority said
Regulators Probing Certain Ford, Mazda Models
The National Highway Traffic Safety Administration is looking into possible throttle control problems with Ford Escape and Mazda Tribute SUVs from model years 2001 to 2004.
U.S. Bancorp 2nd-Quarter Net Up 18% on Lower Credit Costs and Higher Revenue
U.S. Bancorp's (USB) second-quarter profit rose 18% as the lender reduced its credit costs and posted strengthening revenue growth.
The Charles Schwab's 2Q Results: Postgame Scorecard
The Charles Schwab's (NYSE:SCHW) profit climbed in the second quarter, topping analysts' expectations.
Italy's Intesa Sanpaolo Offers to Buy Back Notes to Boost Capital Base
Italian bank Intesa Sanpaolo SpA (ISP.MI) Wednesday made an offer to buy back 12 subordinated notes and 20 senior notes from investors to strengthen its capital base.
Stock Futures Inch Lower Ahead of Housing Data
U.S. stock-index futures drifted lower on Wednesday as traders waited for data on the housing market and another round of commentary from Federal Reserve Chairman Ben Bernanke.
Stanley Black & Decker 2Q Results: Postgame Scorecard
Stanley Black & Decker's (NYSE:SWK) net income fell in the second quarter. Earnings and Revenue The company fell short of estimates with EPS of 92 cents a share and revenues of $2.81 billion. Analysts were expecting EPS of $1.52 a share and revenues of $2.9 billion. The company's reported EPS came
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