Barclays Plc, Bank of America Corp.’s Merrill Lynch and Morgan Stanley can’t use New York law to block Theflyonthewall.com, an online financial news service, from issuing immediate reports about changes in their stock ratings, a federal appeals court ruled.
BusinessWeek.com — Finance
Carson Block is taking responsibility for billions of dollars in stock declines
BusinessWeek.com — Finance
The European Central Bank asked the European Union’s General Court to dismiss a lawsuit seeking the disclosure of documents showing how Greece used derivatives to hide loans and triggered the region’s sovereign debt crisis.
BusinessWeek.com — Finance
H&R Block Inc., the biggest U.S. tax preparer, named board member William C. Cobb to be chief executive officer, replacing Alan Bennett, who is retiring.
BusinessWeek.com — Finance
BP Plc’s billionaire partners in the TNK-BP oil venture plan to stop a $ 1.8 billion dividend payment as a dispute about the U.K. explorer’s alliance with Russia’s biggest oil company worsens.
BusinessWeek.com — Finance
H&R Block Inc. fell more than 8 percent after saying an order by U.S. regulators bars a lending partner from offering tax-refund loans and that it’ll be hard to fully roll out alternative products in time for the 2011 season.
BusinessWeek.com — Finance
H&R Block Inc. said an “11th-hour” decision by U.S. regulators prevents a lending partner from offering tax-refund loans and that it’ll be hard to fully roll out alternative products in time for the 2011 season.
BusinessWeek.com — Finance
The U.S. Commodity Futures Trading Commission proposed a 15-minute delay for reporting prices of block trades of standardized swaps available on exchanges or so- called swap execution facilities.
BusinessWeek.com — Finance