Greek bond protection payout to hit $2.5bn
Investors holding insurance-like products as a protection against a Greek default – the world’s biggest sovereign debt restructuring – will receive about $2.5bn, according to market prices on Thursday.
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Jobless claims in U.S. decrease, matching four-year low
Claims for jobless benefits dropped last week in the U.S., matching the lowest level in four years, more evidence the labor market is improving.
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SEC cracks down on pre-IPO trading
Federal regulators are cracking down on an obscure but booming market for trading shares in companies before they go public.
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Goldman roiled by op-ed loses $2.2 billion for shareholders
Goldman Sachs saw $2.15 billion of its market value wiped out after an employee assailed CEO Lloyd Blankfein’s management and the firm’s treatment of clients, sparking debate across Wall Street.
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Corporate results support European stocks
A strong set of corporate results helped European equities consolidate recent gains on Thursday morning.
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