With an average of USD6 billion revenues on 10% cost on equity, Morgan Stanley's CFO said the business is doing good.
Sectors
NBC cancels two fall shows
NBC had cancelled "Welcome to the Family" and "Ironside" after only three episodes.
Walmart offers job back to employee fired for assisting assault victim
US retailer Walmart fired and then gave an employee his job back after he helped woman who was assaulted in a company store parking lot.
Manual update to Windows 8.1 angers small business IT admins
Small business IT administrators were not pleased with manually updating each Windows 8 device to Windows 8.1.
Windows 8.1 gives nothing new to desktop lovers- report
For PCMag's Matthew Murray, Windows 8.1 won't be worth the upgrade for desktop fans. Matthew Murray, in an article in PCMag, said the recently-released upgrade to Windows 8 doesn't do much for traditional desktop users.
Latest News
Due to the statement by US District Court Judge Ronald A. Guzman, the USD2.46 billion judgment payment charged to HSBC Holdings for improprieties of its unit International Household, may increase due to interest on amounts due.
CBOE Holdings Inc, the largest US options exchange owner, announced on its website the schedule for trading using the VIX.
An agreement was signed between NRG Energy and Edison Mission for assets worth USD2.64 billion. The largest independent power producer in the United States, NRG Energy Inc, had entered into an agreement to purchase most of the assets of the bankrupt Edison Mission Energy.
Judge Eileen Bransten dismissed the complaint of Dexia AG as it had no right to sue or claim on securities that were bought at face value.
The Canadian government, under the Investment Canada Act, has the right to review bids for Canadian flagship industries such as BlackBerry for national security issues.
The increase in Commerzbank's overall financial value would help in passing tests conducted by the European Central Bank.
Dutch insurers such as ING Groep NV and Delta Lloyd NV would have new abilities. Life insurance companies from the Netherlands, such as ING Groep NV and Delta Lloyd NV have faced tests of their financial abilities.
Power Capital Holdings launches Power Capital Partners LLC. Power Capital Holdings recently announced the launch of an equity firm specifically focused on the power sector.
Prime Ventures invests in mobile games platform AppLift. An additional investment of USD7 million from Prime Ventures was received by mobile games marketing platform AppLift.
