April 12 - The SEC is preparing to announce a $22 million settlement with Goldman Sachs, and Sony is racing to grow its mobile and medical businesses.
Here's your morning call for this Thursday the FCC's preparing to announce a settlement with Goldman Sachs. Sources telling Reuters that case involves allegations of bank did not have adequate policies. Prevent research from being passed inappropriately to preferred clients. Goldman expected to pay 22 million dollar fine it falls -- deal reached with Massachusetts regulators and a similar matter last year. The Federal Reserve's number two is standing up for big then. Vice chairman Janet Yellen defending the central bank's expectation that it'll keep interest rates near zero at least through 2014. Speaking to the money marketeers of New York University Wednesday evening -- on the policy was appropriate. And present circumstances. But -- -- -- bank could change its guidance depending on the economy's performance. Vice chairman also saying the betterment. Quite willing to take whatever actions are necessary to achieve its mandate of promoting employment keeping inflation change. The maker of the walkman is racing to grow its mobile and medical businesses. Sony's new CEO vowing today to change the ailing company with its turnaround plan. He'll stick with its money losing -- unit trying to cut fixed costs. Sony also confirmed earlier reports that it would cut 101000 jobs and take -- 926 million dollar restructuring charge. Some analysts think the make over isn't aggressive enough. Google reported results after the closing bell analysts say its android Smartphone businesses helping its growth prospects. But the top rated forecasters don't see it -- -- -- significantly outperforming expectations. Thomson Reuters Smart -- market estimate based on the most accurate analysts is looking for a slightly better profit numbers and the -- More from starlight Sri -- in an interview with Sargent -- did. He is it the smartest which is just fractionally above the consensus that. That doesn't give us much confident doesn't it's not about that 2% threshold it gives us the confidence that he -- definitely going to be nervous. So but what it just tell -- this most news in some sort of being -- consensus. And finally natural gas sinking to new lows. The price closing below two dollars Wednesday for the first time in ten years and trading below that level today. Expanded mild weather forecast plus worries about record high supplies are pressuring prices they've fallen about a third so far this year. And that is your morning call this Thursday I'm Fred Katayama and this is Reuters --