(Adds comment on ITC decision). By Krista Hughes. WASHINGTON, July 11 (Reuters) - The U.S. Commerce Department on Friday set duties on South Korean steel pipe used in the oil and natural gas industry, reversing itself in one of the most contentious ...
The ratings agencies Moody's and S&P have sharply downgraded the long-term debt ratings of the troubled Portuguese bank Banco Espirito Santo (BES).
Reynolds American, maker of Camel cigarettes, is in talks to buy smaller rival Lorillard. Bloomberg News. Reynolds American Inc. RAI -0.82% Reynolds American Inc. U.S.
To any rational investor, the stock of Cynk Technology looked like a loser. The company had no assets and no revenue. Regulatory filings listed a succession of chief executives and no other employees.
NEW YORK (Reuters) - Stocks managed to score modest gains on Friday, but the S&P 500 posted its biggest weekly drop since April as investors showed only mild enthusiasm after getting their first glimpses of earnings.