This is the mine field:
bloomberg.com
Top Financial News
Fri, 26 Jul 2002, 10:33pm EDT
U.S. Preparing Indictment of Former Enron CFO Fastow, People Familiar Say
U.S. prosecutors investigating Enron Corp.'s collapse are preparing criminal charges against former Chief Financial Officer Andrew Fastow, people familiar with the investigation said. More...
GE Capital Chief Nayden Is Ousted as Immelt Takes Control, Splits Up Unit
General Electric Capital Corp. Chairman Denis Nayden was ousted as Jeff Immelt, chief executive of parent General Electric Co., took direct control of the finance arm and divided it into four units. More...
U.S. Stocks Gain After Consumer Confidence Report; Shares of Tyco Advance
U.S. stocks rose, and the Standard & Poor's 500 Index climbed for the first week in four, after a survey showed consumers were more confident than previously estimated. More...
Consumer Confidence in U.S. Fell Less in July Than Previously Estimated
U.S. consumer confidence fell less during July than first estimated, the University of Michigan said, indicating Americans may not let tumbling stock prices keep them out of auto dealerships, shopping malls and real estate offices. More...
Merrill Lynch Places Tilney on Leave After Refusal to Testify Over Enron
Merrill Lynch & Co. put investment banker Schuyler Tilney on administrative leave because he refused to testify before a U.S. Senate subcommittee investigating the financing of bankrupt energy trader Enron Corp. More...
U.S. Profits Increased in Second Quarter After Five-Quarter Losing Streak
U.S. corporate profits rose 9 percent in the second quarter, the first increase after five quarterly declines, as consumers bought household goods and cars and businesses lowered costs. More...
Williams Close to Agreement With California Over Disputed Power Contract
Williams Cos., an energy trader and pipeline company, is close to settling a dispute with California over hundreds of millions of dollars of electricity sales. More...
Dollar Has Its Biggest Weekly Gain in 16 Months Versus Euro as Stocks Rise
The dollar had its biggest weekly gain against the euro in 16 months as U.S. stocks rose and a University of Michigan report showed consumers were more confident in July than previously estimated. More...
S&P Cuts AOL Time Warner Outlook to Negative, Citing Weakness at AOL Unit
AOL Time Warner Inc.'s outlook was changed to negative from stable by Standard & Poor's, based on the ``weaker than expected'' operating performance of the company's America Online Internet service. More...
Gold Has Worst Week in 2 1/2 Years as Dollar Strengthens, Stocks Recover
Gold had its worst week in 2 1/2 years as the dollar strengthened and stocks recovered, reducing the metal's allure as an alternative investment. More...
Treasuries Rise as Investors Seek to Avoid Swings in Stock Market Indexes
U.S. Treasuries rose for a third week as stock indexes alternated between gains and losses, driving investors to the stability of government debt. More...
Deutsche Bank May Have Saved $130 Million by Refusing to Give Genuity Loan
Deutsche Bank AG, stung by losses on loans to WorldCom Inc. and Enron Corp., may have saved $130 million by refusing to lend to Genuity Inc. when the unprofitable data network operator asked for the money Monday |
