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On the Headlines
Medici lawyer says Kohn didn't get Madoff payments
07/03/2009 11:17 AM
NEW YORK/VIENNA (Reuters) - Austrian fund manager Sonja Kohn did not receive any kickbacks from Bernard Madoff to steer Bank Medici customer funds to the swindler's investment business, a Medici lawyer said on Friday.
Teck to sell 17 percent stake to China for C$1.74 billion
07/03/2009 03:29 PM
TORONTO (Reuters) - Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp in a deal that will help the Canadian miner pay down its debt while expanding China's portfolio of commodity investments.
Earnings to set tone for stocks in week ahead
07/03/2009 02:54 AM
NEW YORK (Reuters) - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.
