All Entries Tagged With: "federal"
Lockheed Martin Flight Services Employees Agree to New Four-Year Contract
ROCKVILLE, Md. , May 19, 2012 /PRNewswire/ – Six hundred Lockheed Martin [NYSE: LMT] employees on the Automated Flight Service Station (AFSS) program, represented by the International Association of Machinists and Aerospace Workers (IAM), have agreed to a new four-year contract. (Logo: http://photos.prnewswire.com/prnh/20110419/PH85737LOGO-b ) The AFSS team is located in six locations around the country: Prescott, Ariz.
Alabama Trust is year’s 24th U.S. bank failure
SAN FRANCISCO (MarketWatch) — Federal regulators shut the Alabama Trust Bank in Sylacauga, Ala., the Federal Deposit Insurance Corp.
Philly Fed business index turns negative in May
WASHINGTON (MarketWatch) – Business conditions at manufacturing firms in the Philadelphia region worsened in May, according to the monthly survey issued Thursday by the Federal Reserve Bank of Philadelphia. The Philly Fed index fell to -5.8 from 8.5 in April, well below expectations. Economists polled by MarketWatch had expected the index to increase to 10.0
U.S. mortgage fees easier to gauge under proposed CFPB rules
CHICAGO (MarketWatch)—The Consumer Financial Protection Bureau is considering new rules on mortgage points and fees that would make it easier for borrowers to understand and compare mortgages. Among the rules being considered, outlined by the CFPB on Wednesday: When borrowers pay discount points, they must receive at least a minimum reduction in rate.
Fed’s Dudley: QE will stop if it causes inflation
WASHINGTON (MarketWatch) – A top Federal Reserve officials on Tuesday assured foreign economic policymakers that the Fed’s policy to purchases assets “will not continue the moment” it looks like it may be generating inflation.
Senator keeps hold on Obama’s Fed nominees: report
WASHINGTON (MarketWatch) — Louisiana Republican Sen. David Vitter is keeping his hold on two of President Barack Obama’s nominees to the Federal Reserve, according to a report on Monday. Reuters reported that Vitter won’t lift his hold on the nominations of Harvard economist Jeremy Stein and investment banker Jerome Powell
Stocks to Watch: Stocks to watch Monday: AIG, DigitalGlobe
By MarketWatch WASHINGTON (MarketWatch) — Among the stocks that could see active trade in Monday’s session are American International Group Inc., DigitalGlobe Inc. and Georgia Gulf Corp.
Security Bank becomes year’s 23rd U.S. failure
SAN FRANCISCO (MarketWatch) — Security Bank N.A. of North Lauderdale, Fla., became the 23rd U.S. bank failure of the year, the Federal Deposit Insurance Corp
Stocks to Watch: Stocks to watch Friday: Dolby, Dole, Chesapeake
WASHINGTON (MarketWatch) — Among the stocks that could see active trade in Friday’s session are Dolby Laboratories Inc., Einstein Noah Restaurant Group Inc. and Chesapeake Energy Corp.
Currencies: Dollar eases ahead of U.S. jobs data
By Sarah Turner , MarketWatch SYDNEY (MarketWatch) — The dollar eased in Asian trading hours Friday ahead of the key U.S. nonfarm payrolls report, due later in the global trading day.