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Next emerges as a Christmas winner

Christmas Stocking

Next is handing shareholders a special dividend payout after a strong performance from its home shopping arm helped it combat widespread discounting on the high street before Christmas.

Goldman and clients said face losses from bank loan

Money On Hook

Goldman Sachs and several of its clients stand to lose hundred of millions of dollars from a loan made to Banco Espírito Santo just weeks before the lender collapsed in August, after the Bank of Portugal said the claim won’t be honoured by Novo Banco, the 'good bank' carved out of BES.

NYSE trading floor not for sale

NYSE Wall Street

The New York Stock Exchange and its owner Intercontinental Exchange denied a New York Post report that said the iconic trading floor would be sold within a year.




Hedge fund owner could sue FBI

A lawsuit brought by a hedge fund owner who claimed that an F.B.I. raid had violated his civil rights and forced him to close his business may proceed to determine whether evidence will support his “grave allegations,” a judge said on Thursday.