Ormet Releases Financial ResultsThursday, March 11, 2010 @ 3:30PMHANNIBAL, Ohio----Ormet Corporation, an independent U.S. producer of aluminum, announced its results of operations for the three months and year ended December 31, 2009. Results for the three months ended December 31, 2009 were a net loss of $9.8 million compared to a net loss of $1.8 million for the same period of 2008.
Europe and U.S. Quarrel Over Hedge FundsThursday, March 11, 2010 @ 2:56PMThe European Union on Thursday rebutted criticism by the United States of its plans to tighten the rules on hedge funds, even as Britain sought to water down the regulation to safeguard its own financial sector, The New York Times’s James Kanter reports from Brussels.
The E.U. and U.S. Quarrel Over Hedge FundsThursday, March 11, 2010 @ 2:20PMThe European Union rebutted criticism by the U.S. of its plans to tighten the rules on hedge funds.
Dodd to offer his own financial regulation billThursday, March 11, 2010 @ 1:08PMWASHINGTON AP) -- Unable to muster bipartisan agreement on key banking provisions, Senate Banking Committee Chairman Christopher Dodd said Thursday he will offer his own version of a sweeping overhaul of financial regulations without Republican support.
Thousands of Clients Had Data Stolen, HSBC SaysThursday, March 11, 2010 @ 1:02PMHSBC said the theft of Swiss client data involved in a recent tax dispute with France was larger than had been acknowledged, involving at least 24,000 clients.