Briefing.com - 8 minutes agoBT announced that Gavin Patterson will succeed Ian Livingston as chief executive of BT Group plc. Ian has agreed to take up a role in government as Minister of State for Trade and Investment. He will continue as chief executive of BT until he steps down from his post and from BT's Board in September. Gavin Patterson has served as chief executive of BT Retail and as a BT Board member since 2008, ha...
Briefing.com - 11 minutes ago[BRIEFING.COM] The S&P 500 trades lower by 0.2% as investors await the latest policy statement from the Federal Open Market Committee. The FOMC statement and economic projections will be released at 14:00 ET with Chairman Bernanke's press conference scheduled to begin at 14:30 ET. Equities dipped into the red at the open, and have held their losses into midday. The S&P briefly tested its f...
Briefing.com - 11 minutes agoFOMC policy statement expected at 14:00 ET, Chairman Bernanke to speak at 14:30 ET
MarketWatch - 14 minutes agoThe U.S. dollar fell against major rivals, including the Japanese yen, on Wednesday ahead of highly anticipated guidance from the U.S. Federal Reserve on what it plans to do with its bond-buying program.
MarketWatch - 19 minutes agoSAN FRANCISCO (MarketWatch) -- Shares of Petrosonic Energy Inc. tumbled 26% Wednesday on an exclusive MarketWatch report that the oil-technology company paid celebrity money manager Tobin Smith to endorse its stock. Petrosonic paid Smith's company $50,000 for an advertising campaign that was featured as a special edition to his newsletter, MarketWatch columnist Chuck Jaffe reported. Petrosonic's stock fell 27 cents to 77 cents a share at last check.
MarketWatch - 30 minutes agoNVIDIA's decision to expand its graphics chip licensing business sparks a rally in the company's shares, even though analysts say it highlights a slumping PC market.
Briefing.com - 40 minutes agoCo announced the closing of its second term securitization in 2013. The transaction is CPS's ninth senior subordinate securitization since 2011. In the transaction, qualified institutional buyers purchased $205,000,000 of asset-backed notes secured by automobile receivables purchased by CPS. The sold notes, issued by CPS Auto Receivables Trust 2013-B, consist of five classes.
MarketWatch - 41 minutes agoTreasurys take a weaker tone on Wednesday as investors waited for the Federal Reserve's policy statement and Fed Chairman Ben Bernanke's news conference.
Briefing.com - 41 minutes ago[BRIEFING.COM] The S&P 500 trades lower by 0.2% as it continues slipping towards its lowest level of the day. Notably, a handful of sectors which outperformed in early action have succumbed to the pressure exerted by the broader market. Consumer staples and energy have dipped into the red while the materials space is the only remaining advancer. Despite the broad market weakness, the CBOE Vola...
Briefing.com - 41 minutes agoFOMC policy statement expected at 14:00 ET, Chairman Bernanke to speak at 14:30 ET
