ZURICH (AFP) - Swiss banking giant UBS said Wednesday it had completed the sale of 15 billion dollars (9.58 billion euros) of subprime and Alt-A US residential mortgage-backed securities to a fund managed by BlackRock. "Risk reduction remains a critical part of our ongoing financial restructuring...
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Tuesday October 14, 10:40 am ET NEW YORK, Oct. 14 /PRNewswire-FirstCall/ -- The Bank of New York Mellon Corporation today announced that its Board of Directors declared a quarterly dividend of 24 cents per share on the...
Tuesday October 14, 10:44 am ET EAST HARTFORD, Conn., Oct. 14 /PRNewswire/ -- Airbus and Pratt & Whitney have launched joint flight testing of the PurePower PW1000G engine with the first flight today on an Airbus-owned A340...
NISKAYUNA, N.Y.----GE Global Research, the technology development arm of the General Electric Company , today announced a battery-free, multi-detection radio-frequency identification sensing platform that could enable a wide...
Crude-oil futures extend their gains, buoyed by the U.S. government’s plan to inject up to $250 billion into the country's largest banks that could help remove question marks about demand for petroleum.