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Wall Street Morning Must-Read

Wall Street Morning Must-Read

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WALL STREET NEWS YOU MUST KNOW BEFORE YOU START YOUR DAY.

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  • One More Chance

    Posted on Monday September 21st, 2009 at 09:15

    The IRS will announce today it's extending its amnesty program, giving wealthy Americans with secret offshore accounts another 22 days, until Oct. 15, to come forward. The program, which began in March as a way of luring UBS (UBS) clients of out of t...

  • The Return Of Risk Appetite

    Posted on Monday September 21st, 2009 at 09:14

    Global and emerging-markets bond funds, and global stock funds and sector funds, saw the highest inflows this year in the latest week, while money-market funds had their second-biggest weekly outflows. Risk appetite is clearly on the rise, although t...

  • Heading Off Say On Pay

    Posted on Monday September 21st, 2009 at 09:13

    A group of companies including AT&T (T), Cisco (CSCO), H-P (HPQ) and Tyco (TYC) will announce today a joint effort to voluntarily change their pay practices, a move aimed at heading off potentially more onerous restrictions out of Washington. The gro...

  • Santander To Raise $7

    Posted on Monday September 21st, 2009 at 09:12

    35B in Brazilian IPO. Santander (STD) plans to raise almost €5B ($7.35B) through the previously announced IPO of 16% of its Brazilian unit. The target is well above the €2.5B analysts expected. The bulk of the proceeds will be spent opening anoth...

  • Ka-boom! Walt Disney's (DIS) $4B Acquisition Of Marvel Entertainment (MVL) Hit A Snag Sunday After Heirs To Revered Comic Book Artist Jack Kirby, Creator Of Many Of Marvel's Mainstays, Filed Claims Challenging Marvel's Long-term Rights To Some Of Its Supe

    Posted on Monday September 21st, 2009 at 09:11

    In a statement, Disney said the claims are an attempt to terminate Marvel's rights 7-10 years from now, and "were fully considered in the acquisition."[source] ...

  • RBS Weighs Huge Share Sale

    Posted on Monday September 21st, 2009 at 09:10

    Royal Bank of Scotland (RBS) is in talks with shareholders to gauge the appetite for a £5B ($8.1B) share issue in an attempt to stop the British government's stake in the bank from creeping higher. The U.K.'s stake in RBS is set to reach more than 8...

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