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Stories with subject: Financial services
  • AP MEMBER EXCHANGE: Vegas construction shakeup 
    Updated: Apr-17-14 7:46 pm
  • LAS VEGAS - This is what an industry shake-up looks like.

  • Wal-Mart jumps into the money transfer biz, loudly 
    Updated: Apr-17-14 7:07 pm
  • NEW YORK - Wal-Mart is delving deeper into financial services at its stores and shaking up the money transfer business.

  • California health care sign-ups exceed projections 
    Updated: Apr-17-14 6:31 pm
  • SACRAMENTO, California - A late surge of sign-ups pushed California's health insurance exchange nearly 100,000 enrollees beyond the original projections of the Obama administration, state officials announced Thursday.

  • IRS audits less than 1 percent of big partnerships 
    Updated: Apr-17-14 6:26 pm
  • WASHINGTON - The Internal Revenue Service audits fewer than 1 percent of large business partnerships, according to a government report released Tuesday.

  • Auditor recommends penalties against Xerox 
    Updated: Apr-17-14 6:25 pm
  • CARSON CITY, Nevada - An independent auditor has recommended Nevada levy penalties against Xerox, saying the company failed to achieve key performance benchmarks in operating the state's health insurance exchange.

  • US stock market ends higher as earnings pour in 
    Updated: Apr-17-14 5:58 pm
  • Corporate earnings pushed U.S. stocks mostly higher on Thursday, but it wasn't an easy ride up.

  • Fifth Third Bancorp 1Q earnings fall 25 pct 
    Updated: Apr-17-14 5:25 pm
  • CINCINNATI - Fifth Third Bancorp reported Thursday that its first-quarter net income fell 25 percent, mostly on increased legal costs and a decline in its investment in its former Vantiv payment-processing subsidiary.

  • Goldman's income falls 11 percent, but still beats 
    Updated: Apr-17-14 4:25 pm
  • NEW YORK - Goldman Sachs' earnings fell in the first quarter as bond trading slumped, but the results still came in ahead of what investors expected as other parts of the bank performed well.

  • Mid-cap stocks are getting some love, finally 
    Updated: Apr-17-14 2:14 pm
  • NEW YORK - Maybe the middle child really should be the favorite.

  • Iowa insurance agency probed for overbilling 
    Updated: Apr-17-14 1:28 pm
  • DES MOINES, Iowa - State regulators are investigating an insurance agency accused of overbilling thousands of government employees for health care coverage.

  • 2 ex-Anglo Irish Bank directors convicted of fraud 
    Updated: Apr-17-14 1:25 pm
  • DUBLIN - Two former executives of Anglo Irish Bank were found guilty Thursday of committing fraud in a loans-for-shares scandal - the first convictions to stem from a banking crisis that brought Ireland to the brink of national bankruptcy.

  • UnitedHealth's 1Q profit tumbles 8 percent 
    Updated: Apr-17-14 11:19 am
  • UnitedHealth Group's first-quarter net income slid 8 percent as funding cuts to a key product and costs imposed by the health care overhaul dented the health insurer's performance.

  • Hancock profit rebounds as efficiency targets met 
    Updated: Apr-16-14 7:09 pm
  • GULFPORT, Mississippi - Regional bank Hancock Holding Co. said Wednesday that it has met efficiency targets nearly a year early, as quarterly profits bounced back thanks to lower expenses.

  • AmEx posts higher 1Q profit as spending picks up 
    Updated: Apr-16-14 6:42 pm
  • NEW YORK - American Express said Wednesday its net income climbed in the first quarter, helped by higher spending by its cardholders even as cold winter weather gripped much of the country.

  • Bucks owner Herb Kohl reaches deal to sell team 
    Updated: Apr-16-14 5:19 pm
  • MILWAUKEE - Bucks owner Herb Kohl has reached a deal to sell the franchise to New York investment firm executives Marc Lasry and Wesley Edens for about $550 million.

  • Yellen: Fed stimulus still needed for job market 
    Updated: Apr-16-14 2:10 pm
  • NEW YORK - Federal Reserve Chair Janet Yellen said Wednesday that the U.S. job market still needs help from the Fed and that the central bank must remain intent on adjusting its policy to respond to unforeseen challenges.

  • Former Anglo Irish Bank chairman cleared of fraud 
    Updated: Apr-16-14 2:04 pm
  • LONDON - A jury Wednesday cleared former Anglo Irish Bank chairman Sean FitzPatrick of all fraud charges related to a loans-for-shares scheme that preceded the bank's 2009 collapse.

  • Credit Suisse profits down 34 percent 
    Updated: Apr-16-14 5:01 am
  • FRANKFURT, Germany - Swiss bank Credit Suisse says its net profit fell 34 percent in the first quarter, more than expected, as bond-market woes hurt earnings at its investment banking business.

  • Hawaii weighs expanded coverage for infertility 
    Updated: Apr-16-14 12:05 am
  • HONOLULU - When Piilani Smith was diagnosed with infertility at the doctor's office and chose to pursue fertility treatment, she was shocked by what she learned.

  • Yellen signals more aggressive stance toward banks 
    Updated: Apr-15-14 2:55 pm
  • WASHINGTON - The Federal Reserve may be about to turn more aggressive in its regulation of the financial system.

  • EU lawmakers complete financial system overhaul 
    Updated: Apr-15-14 10:28 am
  • BRUSSELS - The European Union's Parliament on Tuesday completed the biggest overhaul of the bloc's financial system since the introduction of the euro currency, passing laws to minimize the risk and cost posed by failing banks.

  • Mexico pledges own anti-money laundering list 
    Updated: Apr-14-14 10:26 pm
  • MEXICO CITY - Mexico has announced plans to fight money laundering by using "kingpin" lists like those issued by the United States, although unlike the public U.S. list, Mexico will make its registry confidential, a Mexican official said Monday.

  • Citigroup's earnings edge higher in first quarter 
    Updated: Apr-14-14 5:01 pm
  • NEW YORK - Citigroup's first-quarter earnings rose, helped by declines in expenses and provisions for bad loans. The earnings improved even as revenue from mortgage refinancing and bond trading fell.

  • Kauai Council agrees to settlement with councilman 
    Updated: Apr-14-14 4:29 pm
  • LIHUE, Hawaii - The Kauai County Council has agreed to settle a civil rights lawsuit filed by one of its members, Councilman Tim Bynum.

  • BancorpSouth buying Louisiana-based insurance firm 
    Updated: Apr-14-14 4:19 pm
  • TUPELO, Mississippi - BancorpSouth Insurance Services Inc., a subsidiary of BancorpSouth Bank, has agreed to acquire the assets of Lafayette, Louisiana-based Knox Insurance Group LLC.