At Cooney Faulkner & Stevens, we think of ourselves as part of your business team and we want to make a contribution to your success. That's why we've included this section featuring helpful Finance and Tax related articles and tips from various prominent sources on the Internet.

Please note that the contents of some articles may not necessarily reflect the views or expert advice of Cooney Faulkner & Stevens.



  Wall St falls on tech outlook worries (Reuters) (Thursday, Jul 29, 2010 4:06 PM EST)

Traders work on the floor of the New York Stock Exchange, July 22, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks sagged in volatile trading on Thursday after weak outlooks from technology companies and downbeat comments from a Federal Reserve official gave investors little reason to buy.



 
  Citigroup to pay $75 million to settle SEC charges (Reuters) (Friday, Jul 30, 2010 8:46 PM EST)

Pedestrians walk past a Citibank branch in Washington in this January 19, 2010 file photo. REUTERS/Jim YoungReuters - Citigroup Inc will pay $75 million to settle charges that it failed to disclose subprime exposure to investors in 2007, the U.S. Securities and Exchange Commission said on Thursday.



 
  Colgate, Glaxo sue over toothpaste "nurdle" (Reuters) (Thursday, Jul 29, 2010 3:41 PM EST)
Reuters - Two lawsuits have been filed over a gob of toothpaste.
 
  SEC charges Wyly brothers with $550 million fraud (Reuters) (Thursday, Jul 29, 2010 6:52 PM EST)
Reuters - The Securities and Exchange Commission charged billionaire Samuel Wyly and his brother Charles with fraud for reaping more than $550 million of illicit gains by trading stock in four companies while they were serving as directors.
 
  MetLife posts Q2 earnings of $1.5 billion, beating Street (Reuters) (Thursday, Jul 29, 2010 5:43 PM EST)
Reuters - MetLife Inc , the biggest U.S. life insurance company, posted a second-quarter profit of $1.53 billion, helped by higher premium revenue from sales domestically and abroad.
 
  FTSE 100 edges up in early deals (AFP) (Thursday, Jul 29, 2010 2:27 AM EST)

London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data.(AFP/File/Carl de Souza)AFP - London's leading shares rose slightly at the start of trading on Thursday as positive corporate earnings figures countered weak US economic data.



 
  Fed officials clash on need for more stimulus (Reuters) (Thursday, Jul 29, 2010 4:40 PM EST)
Reuters - Federal Reserve officials clashed on Thursday over whether the central bank should be more aggressive in supporting the stumbling economy and one said the Fed's current policy may be contributing to worryingly low levels of inflation.
 
  Samsung says 2Q net profit surges 83 percent (AP) (Friday, Jul 30, 2010 10:42 PM EST)
AP - Samsung Electronics Co.'s net profit surged 83 percent in the second quarter to a record high amid increased sales and strength in its semiconductor and flat panel businesses.
 
  Italy seeks private sponsors to restore Colosseum (AP) (Thursday, Jul 29, 2010 9:59 AM EST)
AP - Italian officials are seeking to raise some euro25 million (about $32 million) in private money to finance the restoration of one of the country's iconic landmarks: the Colosseum.
 
  NY AG announces probe of life insurance industry (AP) (Friday, Jul 30, 2010 10:45 PM EST)
AP - State Attorney General Andrew Cuomo said Thursday that he had opened a fraud investigation into how life insurers pay out benefits after policyholders die.
 


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