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Bank of New York Mellon is attractive play: Barron's (Reuters)

Reuters - Bank of New York Mellon's lack of substantial credit exposure could make it an attractive core holding for investors and its stock should appreciate at a faster pace than its annual earnings growth, Barron's said on Sunday.
Source: Yahoo! News: Business | 30 Dec 2007 | 8:07 pm

Loews could rise on tobacco spin-off: Barron's (Reuters)

Reuters - The recent decision by conglomerate Loews to spin off its Lorillard tobacco unit could boost its stock by shrinking its total shares outstanding by 20 percent and eliminate much of the remaining tobacco-liability risk, Barron's said on Sunday.
Source: Yahoo! News: Business | 30 Dec 2007 | 8:05 pm

Bank of New York Mellon is attractive play-Barron's

NEW YORK (Reuters) - Bank of New York Mellon's lack of substantial credit exposure could make it an attractive core holding for investors and its stock should appreciate at a faster pace than its annual earnings growth, Barron's said on Sunday.


Source: Reuters: Business News | 30 Dec 2007 | 6:51 pm

Holiday week a time to reassess geopolitical risks

NEW YORK (Reuters) - The coming week, with Tuesday's New Year's holiday limiting trading activity, will provide time for investors to reassess geopolitical risk levels in light of the turmoil in nuclear-armed Pakistan.


Source: Reuters: Business News | 30 Dec 2007 | 6:16 pm

China will tax grain exporters

China will introduce taxes on grain exports in the latest attempt to rein in food-driven inflation that reached an 11-year high in November.
Source: FT.com - US homepage | 30 Dec 2007 | 6:16 pm

Kibaki re-elected as president of Kenya

President Mwai Kibaki beat opposition rival Raila Odinga by a narrow margin to win re-election in Kenya's closest ever vote
Source: FT.com - US homepage | 30 Dec 2007 | 4:11 pm

Baidu.com: CFO dead in accident

China's main internet search engine says its chief financial officer was killed while on vacation.


Source: Business and financial news - CNNMoney.com | 30 Dec 2007 | 4:10 pm

Recession question to mark 2008 (Reuters)

Traders work on the floor at the New York Stock Exchange. US stocks enter a new year next week on a cautious note, as investors face rising concerns about the economy and a raft of economic data, including the important monthly employment report.(AFP/GettyImages/File/Stephen Chernin)Reuters - Wall Street is set to end 2007 with modest gains this week and kick off the new year with all eyes trained on jobs data for signs of recession that could make 2008 a hostile environment for stocks.



Source: Yahoo! News: Business | 30 Dec 2007 | 4:08 pm

Recession question to mark 2008

NEW YORK (Reuters) - Wall Street is set to end 2007 with modest gains this week and kick off the new year with all eyes trained on jobs data for signs of recession that could make 2008 a hostile environment for stocks.


Source: Reuters: Business News | 30 Dec 2007 | 4:07 pm

Drug firms probed over Iraq cash

GlaxoSmithKline and AstraZeneca are co-operating with a probe into breaches of Iraq's oil-for-food programme.
Source: BBC News | Business | World Edition | 30 Dec 2007 | 4:07 pm

Cars: Best of the best for 2007

These are the models that rose to the top in nine different areas. One is tops in three of them.


Source: Business and financial news - CNNMoney.com | 30 Dec 2007 | 3:24 pm

Oil gusher: Tough act to follow

It's been a phenomenal time to invest in oil, but analysts say the huge gains of the last year are most likely a thing of the past.


Source: Business and financial news - CNNMoney.com | 30 Dec 2007 | 3:23 pm

Bhutto's son and husband to lead party

Political turmoil in Pakistan deepened as Benazir Bhutto's son Bilawal, a 19-year-old student at Oxford, was surprisingly chosen to succeed the slain opposition leader as chairman of Pakistan's largest party
Source: FT.com - US homepage | 30 Dec 2007 | 2:53 pm

Shell mulling role of IT workers

Anglo-Dutch oil firm Shell is considering the position of a number of workers as part of a review of its operations.
Source: BBC News | Business | World Edition | 30 Dec 2007 | 2:41 pm

Microsoft: Lay off the oversight

Read full story for latest details.


Source: Business and financial news - CNNMoney.com | 30 Dec 2007 | 2:38 pm

UK fraud office demands drug firms' Iraq documents

LONDON (Reuters) - GlaxoSmithKline Plc and AstraZeneca Plc said on Sunday Britain's Serious Fraud Office has asked them to hand over confidential documents, following allegations bribes were paid to win contracts in Iraq.


Source: Reuters: Business News | 30 Dec 2007 | 2:33 pm

Air France-KLM sees trustees for Alitalia: paper (Reuters)

Reuters - Air France-KLM plans to keep Alitalia (AZPIa.MI) as a separate company overseen by a board of trustees once it has taken over the Italian airline, according to a news report on Sunday citing details of the French offer.
Source: Yahoo! News: Business | 30 Dec 2007 | 12:50 pm

Air France-KLM sees trustees for Alitalia: paper

ROME (Reuters) - Air France-KLM plans to keep Alitalia as a separate company overseen by a board of trustees once it has taken over the Italian airline, according to a news report on Sunday citing details of the French offer.


Source: Reuters: Business News | 30 Dec 2007 | 12:49 pm

Bosch wants to expand supply for low-price cars

FRANKFURT (Reuters) - Bosch , the world's largest car parts supplier, wants to expand its business with manufacturers of cheap cars and garner sales of 1 billion euros ($1.47 billion) by 2010 from them.


Source: Reuters: Business News | 30 Dec 2007 | 11:54 am

Singapore not aiming for control of UBS: report (Reuters)

A UBS logo is seen outside a building in central London December 10, 2007. The Singapore government, which recently bought a 9 percent stake in UBS, does not aim for operational control over the Swiss bank, a Swiss newspaper reported on Sunday. (Alessia Pierdomenico/Reuters)Reuters - The Singapore government, which recently bought a 9 percent stake in UBS, does not aim for operational control over the Swiss bank, a Swiss newspaper reported on Sunday.



Source: Yahoo! News: Business | 30 Dec 2007 | 8:49 am

Sales of new homes worse than expected (AP)

New homes are for sale at the Promenade Islands of Doral development in Doral, Fla. Friday, Dec. 28, 2007. Sales of new homes plunged last month to their lowest level in more than 12 years. Sales of new homes plunged last month to their lowest level in more than 12 years, a grim testament to the problems plaguing the housing sector. (AP Photo/Lynne Sladky)AP - The housing market plunged deeper into despair last month, with sales of new homes plummeting to their lowest level in more than 12 years.



Source: Yahoo! News: Business | 30 Dec 2007 | 12:28 am

Chief executive Kelly digs Selfridges sale

The Selfridges boss explains why he didn't follow his rivals with pre-Christmas sales.
Source: Telegraph Business | 30 Dec 2007 | 12:01 am

Jessops focuses on two for CEO

Jessops, the' struggling camera retailer, has drawn up a shortlist of two candidates to become chief executive to lead a turnaround of the chain.
Source: Telegraph Business | 30 Dec 2007 | 12:01 am

A global snapshot of key themes in 2007

Soaring food prices driven by biofuel demand, emerging markets seen as a safe haven for investors, banks refusing to lend to each other. Tom Stevenson picks his favourite economic snapshots of the year.
Source: Telegraph Business | 30 Dec 2007 | 12:01 am

Ministers step up drive to sell Urenco stake

The Treasury is in line for a £2bn windfall next year as the Government presses ahead with plans to sell its stake in Urenco, the uranium enricher.
Source: Telegraph Business | 30 Dec 2007 | 12:01 am

China and India to shrug off US recession

The global credit crunch, and a supposedly impending UK house price crash, have kept economics on the nation's front pages this year. That will continue during 2008, as the world economy undergoes seismic change.
Source: Telegraph Business | 30 Dec 2007 | 12:01 am

Shell plans to outsource 3,600 jobs

Royal Dutch Shell is to shed thousands of jobs as Europe's largest oil company joins rival BP in trying to cut costs and simplify its structure
Source: Telegraph Business | 30 Dec 2007 | 12:01 am

Startup bets it all on New Year's Eve

Jann Yogman is counting down to New Year's Eve - but his numbers are going up.


Source: Business and financial news - CNNMoney.com | 29 Dec 2007 | 8:37 pm

Real Estate: The best of 2007

It was a brutal year for housing - but not all markets are ailing. Plus: Which areas came up short.


Source: Business and financial news - CNNMoney.com | 29 Dec 2007 | 6:46 pm

Carrefour apology over deaths

French supermarket chain Carrefour apologises over a deadly stampede in one of its Chinese stores in November.
Source: BBC News | Business | World Edition | 29 Dec 2007 | 2:28 pm

Wal-Mart shuts online video shop

Wal-Mart closes its video downloading service less than a year after it started selling films online.
Source: BBC News | Business | World Edition | 29 Dec 2007 | 2:04 am

'Pharmerging' Markets Poised For Drug Boom

What do China, Brazil, Mexico, South Korea, India, Turkey and Russia have in common?

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

In Brief - Friday

The Shaw Group, (SGR) an engineering and construction firm, said the SEC ended an inquiry into its accounting practices and won't take any further...

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

Jump In New Orders Helps Maker Of Aircraft Interiors Gain Altitude

Amin Khoury knows perseverance. The airline and aerospace industries were devastated from the events of 9/11. B/E Aerospace was no exception. As...

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

Business Briefs - Friday

China blocks Microsoft investment

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

Big Pharma's Rx For Growth

Lipitor, the cholesterol-lowering drug from Pfizer, has been the world's best-selling drug since the start of the decade. But its lead is...

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

Trends & Innovations - Friday

Medical centers going nuclear

Source: Investor's Business Daily: BUSINESS | 29 Dec 2007 | 1:39 am

US new-home sales weakest for 12 years

Sales of new homes in the US plunged to a 12-year low last month, signalling that the flagging housing market will remain a drag on the US economy well into 2008.
Source: FT.com - US homepage | 29 Dec 2007 | 12:12 am

Marks and Spencer's Rose honoured

Some of the UK's top retail executives, including Marks and Spencer boss Stuart Rose, are recognised.
Source: BBC News | Business | World Edition | 29 Dec 2007 | 12:01 am

US candidates seek to make political capital

The assassination of Benazir Bhutto, the Pakistani opposition leader, has thrust foreign policy back to the centre of the US presidential race five days before the first nominating contest in Iowa.
Source: FT.com - US homepage | 28 Dec 2007 | 11:44 pm

Bhutto killing unsettles markets

Global markets from currencies to shares have reacted nervously to Benazir Bhutto's assassination.
Source: BBC News | Business | World Edition | 28 Dec 2007 | 11:36 pm

Bush to veto bill over fears for Iraqi assets

George W. Bush intends to veto a $700bn defence spending bill because it includes a provision that would give Americans the right to sue state sponsors of terrorism.
Source: FT.com - US homepage | 28 Dec 2007 | 11:35 pm

SmartMoney Magazine: 10 Things Your Personal Trainer Won't Tell You

We reveal the 10 things you need to know before you break a sweat.


Source: SmartMoney.com | 28 Dec 2007 | 4:15 pm

Techsmart: Techsmart Portfolio Tops Nasdaq, S&P

Google was great. Palm? Not so much. We recap our best and worst tech calls.


Source: SmartMoney.com | 28 Dec 2007 | 3:57 pm

Ahead of the Curve: U.S. Economy, Stocks Fine Despite Housing Mess

The U.S. economy is faring well despite the housing mess. Just look around.


Source: SmartMoney.com | 28 Dec 2007 | 3:12 pm

Under the Radar: Small Caps Face Headwinds in 2008

Not likely. The weak dollar and a looming recession don't favor the little guys.


Source: SmartMoney.com | 28 Dec 2007 | 2:24 pm

Breaking News: Rally Stalls on Housing Data

An early rally reversed on Friday after the latest report on new home sales showed a 9% monthly drop.


Source: SmartMoney.com | 28 Dec 2007 | 2:12 pm

The Pro Shop: Accountability Claims Jobs of Wall Street CEOs

Heads are rolling on Wall Street, but do chief execs really deserve all the blame?


Source: SmartMoney.com | 27 Dec 2007 | 7:50 pm

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