Payments processor MasterCard says it took a $495 million charge in its fourth quarter to cover potential losses from an ongoing lawsuit brought by merchants over the fees they pay on credit card transactions.
lossesMasterCard takes $495M charge to cover fee suitNewsvine - business Thu, 02/02/2012 - 07:34
Payments processor MasterCard says it took a $495 million charge in its fourth quarter to cover potential losses from an ongoing lawsuit brought by merchants over the fees they pay on credit card transactions. DealBook: In Europe, a Conflict Over Bank CapitalNYT > Business Tue, 01/24/2012 - 21:39
As European banks move to shed businesses and write off losses, their regulators might veto any steps they fear could inflict further damage. MF Global's US And UK Customers Got Screwed By A Little Thing Ca...Topix - Business News Mon, 12/12/2011 - 12:01
I think there is sufficient evidence today to conclude that Re-Hypothecation is at the root of the customer losses at MFG. Stocks waver amid fears over Europe, economyMSNBC.com: Business Tue, 11/22/2011 - 08:52
Wall Street was wavering Tuesday, after four days of losses, as persistent concerns over Europe keep investors on edge. Tags:
Fear of Contagion Rocks MarketsNYT > Business Wed, 11/09/2011 - 15:30
Losses on Wall Street deepened in afternoon trading after borrowing costs for Italy cracked a key barrier. Rally is over, stocks end trading with big lossesMSNBC.com: Business Tue, 10/25/2011 - 08:50
Lower corporate earnings and reports that a key meeting between European financial ministers had been canceled pulled stocks lower Tuesday. Official: EU banks have to raise $140 billionTopix - Business News Sat, 10/22/2011 - 09:15
EU finance ministers neared agreement Saturday on forcing banks to raise just over euro100 billion to make sure they have enough reserves to weather further losses on their Greek debt holdings and market turmoil, a European official said. Stock mixed as investors await vote on EuropeMSNBC.com: Business Tue, 10/11/2011 - 09:21
Stocks shed some of their early losses and turned mixed by late morning on Wall Street Tuesday while investors wait for the results of a key vote by Slovakia on a plan to expand the euro zone rescue fund. After 4 weeks of losses, stocks rise. Can it last?Newsvine - business Sun, 08/28/2011 - 13:09
Maybe Warren Buffett can strike a deal to buy the entire stock market, too. Gold down $200 for Tuesday's record after CME margin hikeTopix - Business News Fri, 08/26/2011 - 00:59
Gold extended losses on Thursday to fall as much as $200 from Tuesday's record high, as investors cashed in scorching gains in the metal after the CME Group hiked trading margins for the precious metal for a second time this month. |