Ally Financial to Pay $134 Million in Dividends to U.S. Treasury
Ally Financial Inc., the government-owned auto lender, will pay $201 million in dividends on preferred stock, including $134 million to the U.S. Treasury Department.
AT&T's New Family Plan Means Hike in Data Fees
AT&T is introducing a new type of family plan option that comes with as much as a four-fold increase in its fees for data services.
UAE Central Bank Seeks International Bank to Replace Barclays on Eibor Panel -Source
of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--The central bank of the United Arab Emirates is looking for an international bank to replace Barclays PLC (BCS) on the 12-lender panel that sets benchmark interbank interest rates in the country, but may face difficulties in finding a suitable candidate,
Risk Of Global Food Price Inflation 'Growing Fast' -Barclays
The risk of another wave of global food price inflation is growing fast, Barclays plc (BCS) said Wednesday, as U.S. grains and soybeans prices trade within touching distance of all-time highs, due to the nation's worst drought in 56 years, which is massively reducing harvest expectations.
U.S. Home Building Shows Signs of Strength in Residential Market
U.S. home building rose in June to the highest level in nearly four years, confirming that the housing market has finally started to boost the struggling economy after a prolonged bust.
New CEO, Strong Results Stress VMware Role in EMC Success
Data storage equipment maker EMC Corp's move to replace the CEO of its software unit VMware Inc underlined the unit's rising importance in EMC's growth story, analysts said.
RWE Signs Deal to Sell 25% of Water Utility to City of Berlin
German utility RWE AG (RWE.XE) said Wednesday it has signed an agreement on the sale of its minority stake in a water utility to the city state of Berlin for 618 million euros ($759 million).
OIL FUTURES: Crude Oil Higher Ahead of Inventories, Bernanke Testimony
Trading in crude oil was choppy Wednesday morning ahead of the release of U.S. oil-inventory data and before the latest round of congressional testimony by U.S. Federal Reserve Chairman Ben Bernanke.
Harte-Hanks Gapping Down Wednesday
There was one stock that gapped down today with an opening price significantly lower than the previous trading day's close: Harte-Hanks (NYSE:HHS) opened at $8.07, gapping down from its previous close of $9.25.
Grainger Gains On Earnings Beat
Grainger Inc. shares popped up over 8% in early trade Wedensday after second-quarter earnings beat analyst expectations, making it the third largest gainer on the S&P 500 .