• Is Detroit Following The Cyprus Template?

  By James Montes : In a recent announcement made on July 18 2013, the city of Detroit officially filed for bankruptcy under Chapter 9. At $18 billion, this is the largest municipal bankruptcy in U.S. history. 1, According to the current "proposal to creditors." 2, The city's pension…

• Critic won over by stronger Volcker rule

  Commodity Futures Trading Commissioner Bart Chilton, an outspoken critic of big banks, plans to vote for a strengthened version of the Volcker rule limits on proprietary trading.

• EADS under fire over job cuts in defense shake-up

  PARIS/BERLIN (Reuters) - Airbus parent EADS came under fire on Tuesday from shareholders France and Germany over plans to cut 5,800 jobs, but its chief executive said that ignoring weak defense and space markets would have put even more jobs at risk.

• Coeure sees no reason for 'spectacular' ECB action

  FRANKFURT (Reuters) - Euro zone inflation is not undershooting the European Central Bank's target of just below 2 percent so much that it should use its heaviest artillery to try to boost prices, ECB Executive Board member Benoit Coeure said.

• Cramer's Lightning Round - The Quintessential American Stock That Is Going To Work (12/9/13)

  By SA Editor Miriam Metzinger : Stocks discussed on the Lightning Round segment of Jim Cramer's Mad Money Program, Monday December 9. Bullish Calls: Watsco ( WSO ): "I love that company. This is the quintessential American stock that is going to work ... HVAC (heating, ventilation and air…

• General Motors sees China-like take-off in Indonesian car market

  JAKARTA (Reuters) - General Motors Co , the world's second-biggest car maker, is trying to break the Japanese stranglehold of the popular family car market in Indonesia, where it sees the next auto boom after China, a senior executive said.

• Cramer's Mad Money - Will Calvin Klein Get Its Groove Back? (12/9/13)

  By SA Editor Miriam Metzinger : Stocks discussed on the in-depth session of Jim Cramer's Mad Money TV Program, Monday December 9. CEO Interview: Emmanuel Chirico, Phillips-Van Heusen ( PVH ). Other stocks mentioned: J.C. Penney ( JCP ) It has been a choppy season for retail, especially…

• Telecom Italia board not considering TIM Brasil break-up plan: CEO

  ROME (Reuters) - The board of Telecom Italia is not considering any plan to break up the company's Brazilian wireless unit TIM Participacoes, CEO Marco Patuano said on Tuesday.

• Wall Street faces stricter Volcker rule

  Banks taking positions with their own money will have to prove they are acting to offset 'specific, identifiable' risks under a new US crackdown

• Thousands brave rain for Mandela service

  Obama among world leaders attending 'celebration' of statesman's life as thousands of South Africans gather in Soweto to say goodbye to the country's first black president

• Canary Wharf plans to include 3,000 homes

  Wood Wharf proposal is the first significant housing development on the site and the first major extension of the estate since the financial crisis

• Boeing sees aircraft finance market rising to $112 billion in 2014

  LONDON (Reuters) - Commercial jet buyers are set to turn to rapidly-expanding capital markets for more financing in 2014, as the value of jet sales rises by about 7.7 percent to $112 billion, Boeing Co forecast on Tuesday.

• PepsiCo Has Dominant Snack Brands

  By Eric Sprague: Introduction Investors have an opportunity to own a wonderful snack company by holding stock in PepsiCo ( PEP ). In the Americas, PepsiCo makes more than half their operating profits from snack divisions like Frito-Lay and Quaker Oats. Frito-Lay brands dominate some of the key…

• French soldiers killed in CAR

  Early casualties in Bangui highlight risk of France's intervention in its former African colony, described by some as being in a state of anarchy

• UK final salary pensions hitting company investment: study

  LONDON (Reuters) - The financial burden of running final salary pension schemes is hampering companies' ability to invest in expansion and development, according to UK research published on Tuesday.

• UK trade gap smallest for six months

  The gap between imports and exports of goods was at its smallest for six months in October, according to the Office for National Statistics (ONS).

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• Clovis Has Significant Upside Potential

  By Stock Whisper: Shares of Clovis Oncology ( CLVS ) have witnessed a steady increase since November 20, due to the acquisition of Ethical Oncology Science (EOS). Some of these gains have been offset by the company announcing a common stock offering. Acquisition Clovis Oncology recently acquired…

• Big Lots - Big Sell-Off Provides Interesting Entry Point

  By The Value Investor : Investors in Big Lots ( BIG ) are not pleased yet with its incoming management as the company continues to see some pressure on the core business. The company took the drastic step of closing its Canadian operations, while US operations appear to be struggling somewhat as…

• Comic Relief funds invested in arms

  Millions of pounds donated to Comic Relief have been invested in shares in tobacco, alcohol and arms firms, BBC Panorama learns.

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• 'Volcker rule' finally at finish line

  Regulators are set to vote Tuesday on the so-called Volcker rule, a piece of the 2010 Dodd-Frank financial reform law intended to stop banks from taking excessive risks with federally insured deposits.

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