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Sarkozy threatens G20 walk-out over bonusesNicolas Sarkozy, the French President, is ready to walk out of next week’s G20 summit in Pittsburgh if there is no progress on curbing bankers’ bonuses, his chief of staff said today. Source: Latest Business News from Times Online | 14 Sep 2009 | 5:10 am France Télécom told to explain 23 staff suicidesThe French Government has summoned the boss of France Télécom to demand urgent action to reduce workplace stress after the suicides of 23 employees in the past 18 months. Source: Latest Business News from Times Online | 14 Sep 2009 | 4:50 am FSA acts on Lehman productThe financial watchdog is to take action against firms over a type of investment backed by failed bank Lehman Brothers.Source: BBC News | Business | World Edition | 14 Sep 2009 | 4:31 am E.U.: Economy improving, but uncertainty loomsEurope is on the cusp of emerging from recession thanks to aggressive stimulus measures by central banks and governments, but the sustainability of the rebound remains uncertain, the European Commission said Monday in its latest quarterly economic forecast.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 4:28 am Mortgage lending up 19% in first rise since 2007The number of loans made to homebuyers showed its first annual growth in July for the first time in two years, it emerged today, in the latest evidence of an upturn in Britain's battered property market. Source: Latest Business News from Times Online | 14 Sep 2009 | 4:22 am Oil drops towards $68 on dollar, position limits (Reuters)
Source: Yahoo! News: Business | 14 Sep 2009 | 4:16 am Oil drops towards $68 on dollar, position limitsLONDON (Reuters) - Oil fell toward $68 a barrel on Monday, weighed down by a stronger dollar and by heightened uncertainty in the market following a decision by a U.S. exchange to enforce limits on large positions.Source: Reuters: Business News | 14 Sep 2009 | 4:16 am The Net Post: Andy Murray effect brings £145 million to the British economyTony Blair loves the sport and plays it quite a bit. Perhaps Gordon Brown, the beleagured PM ought to think about swinging a racket or two to his advantage (Andy Murray has been to No 10 Downing Street, so lessons shouldn't be a problem for his fellow Scot). Source: Latest Business News from Times Online | 14 Sep 2009 | 4:13 am State aid to Magna-led Opel draws European scrutinyFRANKFURT/LONDON (Reuters) - Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the...Source: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 4:09 am State aid to Magna-led Opel draws European scrutinyFRANKFURT/LONDON (Reuters) - Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs.Source: Reuters: Business News | 14 Sep 2009 | 4:09 am Eurozone is 'exiting recession'The eurozone is emerging from recession, according to the latest forecast from the European Commission.Source: BBC News | Business | World Edition | 14 Sep 2009 | 4:04 am World stocks shaken by US-China trade dispute (AP)
Source: Yahoo! News: Stock Markets News | 14 Sep 2009 | 4:02 am Blue Square - Israel Announces it has Completed the Reorganization of its Real Estate Activities and Transferred its Real Estate Properties to its Subsidiary (78.45%), Blue Square Real Estate Ltd.ROSH HA'AYIN, Israel, September 14 /PRNewswire-FirstCall/ -- Further to its announcement dated August 17, 2009 (as included in the Q2 results announcement) and the...Source: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 4:00 am Esurance Earns Top Marks in 2010 Corporate Equality IndexAuto Insurer Recognized for Tradition of Diversity and Inclusion by Human Rights Campaign SAN FRANCISCO, Sept. 14 /PRNewswire/ -- Esurance, the direct-to-consumer personal...Source: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 4:00 am India Joins USA at Pre-employment Screening ConferenceRegistration opens for both Pre-employment and HR Professionals CHICAGO, Sept. 14 /PRNewswire/ -- The Pre-employment and HR Vetting Conference will be held November 8-11,...Source: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 4:00 am Labour 'to review all spending'The government will review "everything" to do with its spending commitments, Lord Mandelson says.Source: BBC News | Business | World Edition | 14 Sep 2009 | 3:59 am Indications: U.S. stock futures fall amid trade war worriesU.S. stock futures on Monday weakened amid concerns about the prospect of a trade war on the eve of the one-year anniversary of the Lehman Brothers bankruptcy.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 3:58 am Obama to urge financial overhaulUS President Barack Obama will call for an overhaul of financial regulation, one year after the collapse of Lehman Brothers.Source: BBC News | Business | World Edition | 14 Sep 2009 | 3:56 am TUC rejects claims of UK recoveryTUC General Secretary Brendan Barber rejects the government's claims that Britain is on its way out of the recession.Source: BBC News | Business | World Edition | 14 Sep 2009 | 3:53 am Public’s Trust Of Media Hits 20-Year LowThe media industry is being shaken to it foundations by the recession and the movement of advertising dollars from old media to the internet. The public’s trust of the media is dropping rapidly, which will not add to the ability of the press to recover its viability. Pew Research reports that American look at the media and [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 Sep 2009 | 3:47 am 'I wanted to jump out' - 7 investor storiesSource: Business and financial news - CNNMoney.com | 14 Sep 2009 | 3:41 am U.S. tire duties fuel trade tension with ChinaBEIJING (Reuters) - A U.S. decision to impose special duties on Chinese tires could open the door to a host of trade complaints against Chinese products, creating tensions as Western nations seek Beijing's support at the G20 meeting.Source: Reuters: Business News | 14 Sep 2009 | 3:40 am Warning on Opel 'political fix'European regulators must ensure the takeover of carmaker Opel does not favour Germany, Lord Mandelson says.Source: BBC News | Business | World Edition | 14 Sep 2009 | 3:34 am Big week ahead for U.S. marketsReports of the stock rally's demise have been greatly exaggerated, with September so far managing to eschew a much-predicted selloff. A torrent of economic news this week could turn the tide.Source: Business and financial news - CNNMoney.com | 14 Sep 2009 | 3:29 am 'False dawn' in UK housing marketEconomic forecasting group the Ernst & Young Item Club warns house prices will not return to their 2007 peak for five years.Source: BBC News | Business | World Edition | 14 Sep 2009 | 3:26 am UPDATE 2-UAE's Etisalat bids for Millicom Sri Lanka* Telecoms group determined to expand in emerging marketsSource: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 3:21 am Tokyo paces Asian stocks' retreat; Shanghai risesJapanese shares tumble on concerns that the strengthened yen could dent exporters' earnings.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 3:20 am JAL shares jump on American Airlines, Delta talksTOKYO (Reuters) - Shares in Japan Airlines jumped 8 percent on Monday on news American Airlines and Delta Airlines are considering rival investments in the struggling carrier to secure partnership ties and boost revenue from Asia.Source: Reuters: Business News | 14 Sep 2009 | 3:18 am China and The US: A Good Old-Fashion Trade WarChina voiced unusually strong objections to tariffs put on its tire exports to the US. The American government believes that the Chinese are targeting the industry which is costing US jobs. Labor unions will like the decision, as will a number of members of Congress who think China does not work on a level playing field [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 Sep 2009 | 3:15 am PCCW and Polaris Software Collaborate to Take Intellect(TM) to ChinaHONG KONG and CHENNAI, India, September 14 /PRNewswire-FirstCall/ -- Polaris Software Lab Limited, a leading Financial Technology company in India, has signed the...Source: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 3:14 am Obama aims to reinvigorate Wall Street reform (Reuters)Reuters - President Barack Obama will try on Monday to revive a stalled push for stricter oversight of Wall Street, using the anniversary of Lehman Brothers' collapse to argue for sweeping regulatory changes.Source: Yahoo! News: Business | 14 Sep 2009 | 3:12 am Obama aims to reinvigorate Wall Street reformWASHINGTON (Reuters) - President Barack Obama will try on Monday to revive a stalled push for stricter oversight of Wall Street, using the anniversary of Lehman Brothers' collapse to argue for sweeping regulatory changes.Source: Reuters: Business News | 14 Sep 2009 | 3:12 am EU forecasts end to recessionThe European Union is forecasting that the recession in the euro-zone and the EU will have ended in the third quarter with a resumption of modest economic growth. In an update to a May...Source: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 3:12 am Bond investors see shaky recovery: BISBond investors are increasingly convinced the worst of the world economic crisis is over but expect a shaky recovery, the Bank for International Settlements said Monday in its quarterly review of global financial markets.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 3:09 am Merkel, Steinmeier debate economy, nuclear powerGermany’s chancellor and her main opponent sparred over the global financial crisis and nuclear power in a TV debate that failed to produce a clear winner two weeks ahead of national elections.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 3:07 am CVC, Blackstone team up on Bellsystem bid -sourcesTOKYO, Sept 14 (Reuters) - CVC Capital and Blackstone are teaming up in the second round of bidding for Bellsystem24, Citigroup's telemarketing company in Japan, three sources with direct knowledge of...Source: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 3:00 am UK mortgage lending rises in July (AP)AP - U.K. mortgage lending rose significantly in July for the second straight month but the market is likely to remain subdued for some time, the Council of Mortgage Lenders said Monday.Source: Yahoo! News: Business | 14 Sep 2009 | 3:00 am UK mortgage lending rises in JulyU.K. mortgage lending rose significantly in July for the second straight month but the market is likely to remain subdued for some time, the Council of Mortgage Lenders said Monday. The...Source: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 3:00 am MMBDC Announces 26th Annual Awards: 'Celebrating the Stars of Supplier Diversity' FinalistsDETROIT, Sept. 14 /PRNewswire/ -- The Michigan Minority Business Development Council (MMBDC) announces the finalists for the 26th Annual Awards: "Celebrating the Stars of...Source: RSS feed - channel BNewsBusiness | 14 Sep 2009 | 3:00 am US tyre duties spark China clashA full-blown trade row has erupted between the US and China after Beijing accused Washington of ‘rampant protectionism’ for imposing heavy duties on imported Chinese tyres and threatened action against imports of US poultry and vehiclesSource: Financial Times - US homepage | 14 Sep 2009 | 2:58 am London Markets: Cadbury shares buck lower FTSE 100Cadbury shares buck lower trend in London as investors appear unfazed by the chocolate maker reiterating its rejection of Kraft Foods’ approach.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 2:58 am China and US in new trade disputeChina launches an "anti-dumping and anti-subsidy" probe into imports of some US car products and chicken meat.Source: BBC News | Business | World Edition | 14 Sep 2009 | 2:55 am Japan trio to merge mobile unitsJapanese electronics groups Hitachi, Casio and NEC announce plans to merge their mobile phone operations.Source: BBC News | Business | World Edition | 14 Sep 2009 | 2:55 am Oil fall sends FTSE tumblingA sharp drop in the price of oil hit energy stocks today and sent the FTSE 100 index of leading shares below the 5,000 barrier. Source: Latest Business News from Times Online | 14 Sep 2009 | 2:52 am Washington diaryMatt Frei on 12 months of economic turmoilSource: BBC News | Business | World Edition | 14 Sep 2009 | 2:52 am Glorious to raise $1.5bn in Hong Kong IPOGlorious Property, the Chinese real estate group, plans to raise up to $1.54bn in an initial public offering in Hong Kong next month as it seeks to tap recent strong investor sentiment for new listings...Source: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 2:47 am BusinessWeek And The Cowardice Of McGraw-Hill (MHP)BusinessWeek is losing money, over $40 million last year by some accounts, and more if the publication’s corporate overhead is included. There have been questions about whether BusinessWeek is financially viable for some time. McGraw-Hill (MGP) is trying to sell the magazine it launched in 1929 as “The Business Week”. Most analysts would agree that [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 Sep 2009 | 2:46 am Stocks set for grouchy startStocks were set to open lower Monday as investors await a speech by President Obama about financial services reform and keep an eye on a China-U.S. trade spat.Source: Business and financial news - CNNMoney.com | 14 Sep 2009 | 2:42 am lehman collapse: Santander chief says banks need global standards of supervisionEmilio Botín chairman of Banco Santander believes the deep financial crisis which followed the collapse of Lehman was the result of weak banking supervision in some countries.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 14 Sep 2009 | 2:40 am Trade tensions boost dollarThe dollar advanced broadly on Monday, recovering from a one-year trade-weighted low as tensions grew over a trade dispute between the US and China. The dollar index, which tracks the greenback's progress...Source: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 2:39 am Bin Laden warns US on Israel tiesAl-Qaeda leader warns American people over their government’s close ties with Israel in an apparently new audio tape posted on an Islamist websiteSource: Financial Times - US homepage | 14 Sep 2009 | 2:25 am Lehman collapse: 12 months on and the financial system isn't fixed warns StiglitzGovernments have failed to rein in the size of banks sufficiently 12 months Nobel Prize winner warns.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 14 Sep 2009 | 2:22 am Rx for money woes: Doctors quitSome 5,000 patients suddenly found themselves without an ob/gyn last November when Dr. Tara Wah closed her practice in Tallahassee, Fla.Source: Business and financial news - CNNMoney.com | 14 Sep 2009 | 2:12 am Cadbury seeks to bolster investors against KraftCadbury will this week bolster its defences against a £10.2 billion takeover offer from America's Kraft Foods as management prepare to urge shareholders on Wednesday to reject the deal. Source: Latest Business News from Times Online | 14 Sep 2009 | 2:08 am Cadbury seeks to bolster investors against KraftCadbury will this week bolster its defences against a £10.2 billion takeover offer from America's Kraft Foods as management prepares to urge shareholders on Wednesday to reject the deal. Source: Latest Business News from Times Online | 14 Sep 2009 | 2:08 am Stock futures signal dip; Nextel in focus (Reuters)
Source: Yahoo! News: Stock Markets News | 14 Sep 2009 | 2:07 am Stock futures signal dip; Nextel in focus (Reuters)
Source: Yahoo! News: Business | 14 Sep 2009 | 2:07 am Stock futures signal dip; Nextel in focus(Reuters) - Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.63 percent, Dow Jones futures down 0.7 percent and Nasdaq 100 futures down 0.7 percent.Source: Reuters: Business News | 14 Sep 2009 | 2:07 am Media Digest 9/14/2009Reuters: Obama is trying to push Wall St. reform. Reuters: German aid for Opel will go in part to Russia for operations there. Reuters: A global poll shows support for stimulus packages. Reuters: J&J (JNJ) is in talks to cut its $1.5 billion Elan investment. Reuters: Cadbury’s chairman said Kraft’s (KFT) bid was unwanted and unattractive. Reuters: JAL shares jumped [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 Sep 2009 | 2:01 am Casio, Hitachi and NEC unveil handset dealCasio, Hitachi and NEC are to merge their mobile phone units as the consolidation of Japan's lossmaking and fragmented handset industry takes a long-awaited step forward.The merger will create a handset...Source: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 1:59 am Europe Markets: European shares down for first time in eight daysEuropean shares fell on Monday for the first time in eight sessions as some profits were taken off the table in the mining and auto sectors.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 1:56 am Asia Markets: For Japan, cheap yuan may hurt more than dollarThe rising yen's punishment of Japanese exporters is well known, but less noticed is the specific impact on those exporters selling to China, where the yuan-yen rate has made some surprisingly large moves.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 1:51 am London stocks retreat at open (AFP)
Source: Yahoo! News: Stock Markets News | 14 Sep 2009 | 1:49 am London shares ease back on profit-takingLondon equities slipped back on Monday, with profit-taking in the resource and financial sectors after the market's recent strong run. The FTSE 100 fell 42 points to 4,969.69, a loss of 0.8 per cent, with...Source: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 1:49 am Asia Market And Europe Open 9/14/2009Markets in Asia were mixed. The Nikkei fell 2.3% to 10,202. Toyota (TM) fell. The Hang send dropped. 1.1% to 20,929. The Shanghai Composite rose 1.2% to 3,027. At the open in Europe, the FTSE fell .4% to 4,969. Rio Tinto (RTP) fell. The Dax fell 1% to 5,569. The CAC 40 dropped by 1.2% to 3,692. Data from Reuters [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 14 Sep 2009 | 1:31 am As Bank of Japan meets, investors look for exitWhen the Bank of Japan concludes its regular monthly policy meeting this week, analysts will be watching closely for any clues as to how the central bank will exit its liquidity-boosting measures without derailing the country’s nascent economic recovery.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 1:29 am Taiwan may allow China stock buys in Oct.: reportTaiwan is planning to seal an agreement with China in October that will allow mainland Chinese equity funds to invest directly in Taiwan's stock market.
Source: MarketWatch.com - Top Stories | 14 Sep 2009 | 1:22 am 'Subdued' trading day on ASXThe Australian sharemarket closed lower today in subdued trading as investors waited for something to provide them with some solid impetus.At the close, the benchmark S&P/ASX200 index had fallen 65 points, or 1.41 per cent, to...Source: nzherald.co.nz - Business | 14 Sep 2009 | 1:05 am Cadbury chairman Roger Carr writes to Kraft Food chief Irene Rosenfeld: the letter in fullCadbury chairman Roger Carr explains to Irene Rosenfeld the chief executive of Kraft Foods why the UK company is resisting the takeover.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 14 Sep 2009 | 1:00 am Crisis has not altered Wall StreetA year after Lehman's collapse sent the economy into a tailspin, the financial industry is still fixated on the pursuit of money -- a lot of it. ...Source: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 1:00 am In latest export salvo, China takes aim at U.S. auto parts and chicken productsDays after Obama announces plan to impose a 35% tariff on tires imported from China, the Chinese Ministry of Commerce says it will look at 'unfair trade means' allegedly aiding U.S. products. ...Source: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 1:00 am 'I Can Do Bad' does fine at box officeTyler Perry's latest takes in $24 million to claim No. 1. The animated film '9' also has good numbers.In a year when movies led by Will Ferrell, Julia Roberts, Russell Crowe, Jack Black and Adam Sandler have all foundered at the box office, Hollywood got a dose of reliable star power this weekend.
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am The week ahead at a glanceAt a glance TODAYSource: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 1:00 am Foul play not suspected in death of financier Danny PangFoul play is not suspected in the death of indicted financier Danny Pang of Newport Beach, the Orange County coroner's office said Sunday.Source: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 1:00 am Markets await cues from consumersReports on August retail sales and Discover's profit may fuel or foil further gains on Wall Street. Wall Street...Source: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 1:00 am 'I Can Do Bad' does fine at box officeTyler Perry's latest takes in $24 million to claim No. 1. The animated film '9' also has good numbers. In a year...Source: RSS feed - channel BNPaperBusiness | 14 Sep 2009 | 1:00 am Grupo Televisa CEO Emilio Azcarraga Jean has a life like a telenovelaDescribed by some as a Latin American Rupert Murdoch, Azcarraga is among the most famous men in Mexico, and his company is by far the country's dominant broadcaster.Practically since the day he was born, in 1968, Emilio Azcarraga Jean has owned one of the most famous names in Mexico.
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am Disney, union workers clash over healthcareThe company's cost-sharing proposal is at the center of a labor dispute, which broke out into a protest at the D23 Expo in Anaheim last week.Jean Bustamante views the nation's raging healthcare debate in very personal terms.
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am Markets await cues from consumersReports on August retail sales and Discover's profit may fuel or foil further gains on Wall Street.Wall Street wants consumers to do their part to heal the economy. Traders know it's going to take some time.
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am The week ahead at a glanceAt a glance TODAY
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am Crisis has not altered Wall StreetA year after Lehman's collapse sent the economy into a tailspin, the financial industry is still fixated on the pursuit of money -- a lot of it.You'd hardly know that Wall Street giant Morgan Stanley is struggling through the chaotic aftermath of the global financial crisis sparked a year ago by the collapse of investment banking rival Lehman Bros. Holdings Inc.
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am 224-story skyscraper would be high point for architectTommy Landau, a building designer in Santa Monica, has proposed the record-setting tower. A committee in Abu Dhabi, United Arab Emirates, is considering the project.A Santa Monica architect known for his high-rise designs is working on what may be the ultimate "spec" building -- a 224-story skyscraper with green ambitions that would be the tallest structure in the world.
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am Will U.S. learn its healthcare reform lesson from California?A House bill that calls for an insurance exchange has been crafted free of gaps that led to a plan's failure in the state earlier this decade. But will it get through Congress without loopholes?The difference between a government program that works and one that fails spectacularly can be razor thin. A few words here, a loophole there, and you can turn a boon for the consumer into a windfall for big business.
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am On the anniversary of Lehman Bros.' collapse, a renewed call to strengthen financial oversightPresident Obama travels to Wall Street to try to reignite support for his proposed overhaul of financial regulations as the momentum for reform weakens.A year after the demise of legendary Wall Street investment bank Lehman Bros., calls for far-reaching reforms to rein in the financial industry's excesses remain unanswered -- and may be stymied by increasing signs of a budding economic recovery.
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am Is the cost to map broadband access off the charts?Congress allotted $350 million to determine U.S. access and speeds. Some see the amount as excessive. Also, work won't be done in time to spend much of $7.2 billion earmarked to expand availability.The national stimulus package passed by Congress in February may have been too enthusiastic about spending money on one particular project: figuring out where broadband Internet access is available and how fast it is.
Source: L.A. Times - Business | 14 Sep 2009 | 1:00 am Lehman collapse: what became of Fuld Gregory Callan and McDade?Lehman Brothers collapsed on September 15 2008 leaving its senior management out of jobs. Here James Quinn finds out what they're doing.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 14 Sep 2009 | 12:54 am Investors should think global, execs saySAN DIEGO (Reuters) - The severity of the U.S. financial crisis exposed investors' need to whittle down a dependence on dollar-denominated assets and diversify globally, two of Wall Street's most influential figures said on Sunday.Source: Reuters: Business News | 14 Sep 2009 | 12:43 am Investors should think global, execs say (Reuters)
Source: Yahoo! News: Business | 14 Sep 2009 | 12:43 am Sharemarket ends lowerThe New Zealand sharemarket ended a lacklustre Monday session lower but brokers said it outperformed other markets in Asia.The benchmark NZX-50 index closed down 8.508 points, or 0.271 per cent, at 3128.673. Turnover was worth...Source: nzherald.co.nz - Business | 14 Sep 2009 | 12:25 am Lehman collapse: Barclays' Jerry del Missier recalls climbing his financial EverestCanadian Jerry del Missier is the understated Canadian who made Barclays' swoop on Lehman's US business possible.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 14 Sep 2009 | 12:02 am US drone kills four militants in PakistanSpeculation that Taliban commanders could be among at least four dead and four injured after unmanned aircraft targets four-wheel drive near border with AfghanistanSource: Financial Times - US homepage | 13 Sep 2009 | 10:55 pm J&J in talks to reduce $1.5 billion Elan deal price: sourceBOSTON/NEW YORK (Reuters) - U.S. health-care firm Johnson & Johnson is in talks to cut the price of a $1.5 billion deal with Irish drugmaker Elan Corp , a source familiar with the negotiations said on Sunday.Source: Reuters: Business News | 13 Sep 2009 | 10:34 pm J&J in talks to reduce $1.5 billion Elan deal price: source (Reuters)Reuters - U.S. health-care firm Johnson & Johnson is in talks to cut the price of a $1.5 billion deal with Irish drugmaker Elan Corp , a source familiar with the negotiations said on Sunday.Source: Yahoo! News: Business | 13 Sep 2009 | 10:34 pm Amended emissions scheme 'could be law by December'The Maori Party has come to the Government's aid to get a new emissions trading scheme (ETS) in place.An agreement between National and the Maori Party means a law reviving and amending an ETS could be passed by December, Climate...Source: nzherald.co.nz - Business | 13 Sep 2009 | 10:19 pm Chevron approves $37bn Gorgon projectA decision on the project holding an estimated 40,000bn cubic feet of natural gas comes nearly three decades after the fields were discovered off the Western Australian coastSource: Financial Times - US homepage | 13 Sep 2009 | 10:16 pm 6 Old-School Savings Tricks Are Back (Deal of the Day)It’s no secret that consumers have grown more frugal: Excessive spending is out and saving is in. “It’s become chic to talk value,” says Julie Winskie, the chief client officer at marketing firm Porter Novelli, which tracks consumer behavior for retailers. Like fashion, spending trends often cycle in and out, but what’s interesting about this go-round at frugality is how it’s playing out. Old savings strategies are seeing a resurgence, and some of the most popular tactics – couponing, layaway and haggling – date back to prior recessions. Will those practices someday go the way of padded shoulders and track suits? It may take years or even decades, but the larger population will eventually end up back in the “greed is good” mentality, says Scott Testa, an assistant professor of business administration at Calibri College in Radnor, Pa. Forty-five percent of adults now spending less than they were a year ago say that if their financial situation were to improve over the next year, they would go back to their old spending habits, according to the National Foundation for Credit Counseling’s 2009 Financial Literacy Survey. Still, consumers looking to develop good savings habits for the long haul can jump on the bandwagon now with these six old-school thrifty behaviors: Clipping couponsAmericans avidly clipped coupons through the 1980s, but by the '90s, their popularity began to wane. Last year was the first year since 1992 that coupon use didn’t decline. And so far this year, shoppers have used 20% more of issued manufacturers’ coupons, according to the Promotion Marketing Association, which tracks coupon redemption. This trend is likely to persist because of efforts by manufacturers and retailers to make coupons more easily available online, says Stephanie Nelson, the founder of CouponMom.com, which tracks deals. (For a list of some of our favorite coupon sites, click here.) HagglingIn recent years, bargaining for a lower price has been relegated to yard sales and flea markets, but that’s beginning to change. “Now, consumers are much more creative and frankly, much more aggressive about asking for a better price,” Testa says. To retain customers amid slowing sales, even mainstream retailers are open to negotiation on prices -- especially if you can point to better deals at a competitor. (For more prime haggling opportunities, click here.) Another expense worth haggling over is rent. According to a summer survey from property listing site Rent.com, 68% of landlords are now offering free or reduced rent to tenants. (For tips, click here.) Price comparison“A portion of the population has always done this, but now it’s across all income levels,” says Ann Mack, the director of trend-spotting at brand-building agency JWT. It’s a strategy so ingrained that many shoppers compare prices without thinking, whether online or in person. But now more of those shoppers are taking their findings to heart. Some are even splitting their grocery shopping up to take advantage of more rotating weekly specials at local stores, Mack says. (For the best online price comparison sites, click here.) BarteringThe Internet has expanded opportunities for consumers who want to trade goods and services without money. Craigslist reports that the number of posts in its barter section has more than tripled over the last 24 months. The company declined to provide more specific current figures. (For tips to effectively barter, click here.) Group buyingMany frugal consumers not only share deals with their peers, but also band together to get a better value, Winskie says. “It’s mothers, neighbors, buying in bulk and splitting the cost to save,” she says. New sites like Groupon also offer shoppers the opportunity to get discounts by collaborating with strangers. (For details, click here.) Layaway and Christmas clubsThanks to the credit crunch, retailers and consumers are looking at these old options, which had faded with disco. “They went away as people bought things on credit and found other ways to pay,” Testa says. Last year, Sears (SHLD) and Kmart heavily promoted their longstanding layaway programs. This year, they introduced a new Christmas Club that matches 3% of consumers’ savings. SMARTMONEY ® Layout and look and feel of SmartMoney.com are trademarks of SmartMoney, a joint venture between Dow Jones & Company, Inc. and Hearst SM Partnership. © 1995 - 2009 SmartMoney. All Rights Reserved.
Source: SmartMoney.com | 13 Sep 2009 | 10:00 pm 3 Ways to Thwart ID Thieves at the MallDoing any shopping this fall? Crime goes up in a down economy, and credit and debit card users are playing the victim. Identity theft is on the rise—last year 9.9 million consumers had their data stolen, a 22 percent jump from 2007. A few ways to better protect your wallet: SHOP THE BIG NAMES. With more than 70 retailers and payment processors since 2006 reporting breached customer data, it’s no surprise consumers look for certified safety seals like VeriSign and Trust Guard on retail Web sites. But researchers say not all certification programs can ensure that retailers will follow security or privacy guidelines. Phil Hochmuth, senior analyst at research firm Yankee Group, which did a study on seals, cites an “overall lack of a generally accepted standard” of what they mean. “That’s the nature of the Internet.” Experts agree: Stick with big, national companies like Amazon, which have stronger security because “they have the most to lose,” Hochmuth says. FIND SOME PRIVACY. “Shoulder-surfing attacks” have occurred at ATMs and computers. Cell-phone owners may be even more vulnerable to nosy neighbors, because they tend to type slower on their handhelds and use them everywhere, says Tal Garfinkel, a scientist at VMware who develops security technologies. For $3 to $10, e-tailers like Overstock.com sell filters that darken phone screens when viewed from an angle. USE THE RIGHT CARD. If bogus charges were made on your credit card, you’re not liable for them while they’re being investigated. But banks can take up to two weeks before restoring debit card funds to your account. Plus, victims could be liable for up to $500 in losses if they wait more than three days to report a problem or far more if they wait longer; credit cards cap losses at $50. To be truly safe, “never use debit cards,” says Paul Stephens, a director at the consumer group Privacy Rights Clearinghouse. SMARTMONEY ® Layout and look and feel of SmartMoney.com are trademarks of SmartMoney, a joint venture between Dow Jones & Company, Inc. and Hearst SM Partnership. © 1995 - 2009 SmartMoney. All Rights Reserved.
Source: SmartMoney.com | 13 Sep 2009 | 10:00 pm A Year Later, Deep Divisions on the Outlook (Market Movers)A year after the collapse of Lehman Brothers took the global financial system to the edge of the abyss, competing narratives of recovery continue to center on the gap between market performance and economic fundamentals. Two of the prominent market pundits tracked by SmartMoney.com last week issued optimistic estimates for the benchmark S&P 500 stock index, which slid from 1251 on Sept. 12, 2008, the day before Lehman's failure, to a hamstrung 683 on its March 6 low. A look at where market-watchers think the S&P 500 will go in the next year – and why – bares the profound division of views as the economy re-engages. Here’s one take: The S&P will reach 1200 next year, Bank of America/Merrill Lynch chief U.S. strategist David Bianco wrote Tuesday. That's based on a conviction that earnings growth will take hold, powered by declining credit costs, higher oil prices and healthy foreign markets, rather than a swift U.S recovery. "We do not expect U.S. consumer spending to lead the recovery and many big cap U.S.- tilted consumer discretionary stocks seem too far ahead of the market," he wrote. "We see the recovery led by ‘late-cycle’ parts of the economy, such as business spending, infrastructure investment, rising commodity prices and exports. This may seem to contradict logic, but it represents emerging economies taking the baton from the U.S. in leading global economic growth." Citigroup's Tobias Levkovich has a more restrained, but still positive forecast of 1100, though that may not hold, he wrote in a note published Tuesday. "Gains are likely in 2010 but are expected to be uneven and could spike above 1100 during earlier parts of the year and then back off," he said. "Markets should benefit from a backdrop of earnings recovery first determined by the moderation of inventory de-stocking leading to some inventory re-stocking, a better (though still subdued) employment environment, and the consumption benefits of some restored wealth via higher financial markets. All of these dynamics should bolster equities initially, especially if money flows begin to chase returns as has often been the case in the past." Some data support Bianco's upbeat view. Ed Hyman, the founder of the ISI Group, sees the widespread, if partial, recovery's roots in last year's near-disaster. "The Lehman Shock put virtually every economy in the world on the same page (plunging) and prompted massive synchronized stimulative policy response," he wrote in a Tuesday note. "As a result, an unprecedented synchronized global upturn is unfolding." But not at a consistent pace, at least at home. The Federal Reserve's Beige Book of economic indicators, issued Thursday, had more good news than bad, particularly indications of growth in auto, pharmaceutical and semiconductor production, but still bared plenty of pitfalls, Hyman wrote. "To be sure, there are still areas that are mixed or weak, but at early stages of a recovery, not every sector is improving," he wrote. True to form, there are plenty of skeptics about the state of recovery in its most fragile days. "This remains a hope-based rally in the equity markets (with strong technicals)," Glisukin Sheff chief economist David Rosenberg cautioned Thursday. "What we are seeing transpire is without precedent -- the magnitude of the employment slide versus the magnitude of the market advance. Companies have not really been beating their earnings estimates, only the very final estimates heading into the reporting quarter." In a worst-case, no-GDP-growth scenario, that could take the S&P to 670 next year, though in a Friday note he forecast GDP growth of 2%, which would put the index at 850. Investors are caught between excess caution and overconfidence, and there's no clear answer at this point, according to Yardeni Research founder and chief economist Ed Yardeni. "The stock market is a leading indicator. Payroll employment and the unemployment rate are lagging indicators," he wrote Tuesday. "The question investors are asking is whether the stock market rally has gotten too far ahead of the eventual upturn in employment and downturn in unemployment." There's little evidence of the latter, and that could provide the short-term proof that recovery will continue to be slow and uneven. But for most investors, even that beats the near-panic that followed Lehman's demise. SMARTMONEY ® Layout and look and feel of SmartMoney.com are trademarks of SmartMoney, a joint venture between Dow Jones & Company, Inc. and Hearst SM Partnership. © 1995 - 2009 SmartMoney. All Rights Reserved.
Source: SmartMoney.com | 13 Sep 2009 | 10:00 pm What the Pickup in Mergers Means for Investors (On the Street)When companies start disappearing, it's usually not a sign of economic recovery—except when they’re getting snapped up in mergers. That's what's happening now, and it’s a positive development for investors, even if their portfolios don't include the latest dancers in the M&A waltz. In the last days of summer, more than $24 billion worth of merger deals have been announced or proposed, including Kraft Foods' (KFT) rejected $16.7 billion takeover bid for U.K. candymaker Cadbury (CBY), Walt Disney's (DIS) $4 billion pickup of Marvel Entertainment (MVL) and Procter & Gamble's (PG) $3.1 billion sale of its prescription drugs unit to Warner Chilcott (WCRX). The pickup in deal-making is music to Howard Lanser's ears, particularly after the discordant screech of the capital markets grinding to a halt after the collapse of Lehman Brothers a year ago Sept 15. Lanser, the director of mergers and acquisitions at investment firm R.W. Baird & Co., called the period from November through March "the worst we've ever seen" for M&A activity. The near-meltdown of the financial system not only froze the channels of capital that financed a frenzy of buyouts in 2007, but made future deals all but impossible as many companies stopped forecasting their own financial results on the brink of the economic abyss. "We couldn't even forecast in 2009," Lanser said. "To do valuations, you need to have reasonable confidence in what you're buying, and this was a very big black cloud hanging over the market." While deal volume is still well short of where it was a year ago, LPL Financial's chief market strategist Jeffrey Kleintop sees the resurgence as a sign the economy is well past its most dire point. The capital markets are lending again – albeit at a higher price – but the benefits won't just line the pockets of discredited investment bankers, Kleintop is telling clients. "We believe the recent upturn in merger and acquisition activity may be a sign that the improvement in the economy and credit markets has been sufficient to restore enough confidence to lift business spending," he wrote in a Monday note to clients. "In the past, a revival in M&A deals was a sign that businesses were ready to prepare for growth by hiring workers. During the last cycle, job growth finally turned positive in the fourth quarter of 2003 – the same time M&A activity revived." Carsten Stendevad, head of the financial strategy group at Citigroup, said the time is ripe for a wave of hostile takeovers undertaken by the cash-rich survivors of a harrowing time for many companies. The value of hostile takeover bids world-wide hit $81 billion in the second quarter, more than six times that of the first three months of 2009. "Corporate valuations remain low for many firms and takeover defenses have weakened considerably over the past few years in response to pressure from corporate governance reformists and activist investors," he wrote in a Thursday note. "At the same time, the reopening of credit markets has allowed buyers to raise substantial liquidity." That means more deals are on the way. Lanser said strategic buyers -- companies looking to grow through acquisitions, such as Kraft -- will lead the resurgence. Many companies in the pharmaceutical, technology, industrial, home building and consumer products sectors are exiting the recession with diminished balance sheets and much-reduced market capitalization values, so they'll be among the ripest fruit for stronger competitors. Small investors, though, shouldn't try to cherry-pick the next buyout candidates – they are the last ones to know about deals and rarely get all the upside of successful mergers – but are exposed to plenty of downside risk for deals that don't happen. But Lanser says they should still take comfort – and seek profit – from a rising tide of recovery. "It can be a leading indicator in times of recovery," he says. "People are making bets not only on these industries but on the U.S. economy. Look at Kraft. That's big, strategic, game-changing stuff. It's exciting." Here’s a look at some of the sectors with M&A activity: Consumer DiscretionaryThis sector is particularly ripe for mergers, some of which could shake up the entire field of stocks, says Baird’s Lanser. Kraft’s rejected bid for Cadbury is only the latest headline-grabber. PepsiCo (PEP) last month made a pair of offers worth $7.8 billion to bottlers Pepsi Bottling Group (PBG) and PepsiAmericas (PAS) as it sought to consolidate its operations. "This is the right time to be considering buying with valuations as they are," Lanser says. PharmaceuticalsProcter & Gamble's (PG) $3.1 billion sale of its prescription drugs unit to Warner Chilcott (WCRX) comes relatively quick on the heels of the $68 billion Pfizer (PFE) takeover of Wyeth (WYE). That was, as Lanser says, "a game-changer" as the largest big pharma and biopharma merger in world. There will be more deals coming soon, though it's unlikely they'll top that blockbuster, he says. "If you have the cash you're probably already healthy, and healthy companies can already access the capital markets," he says. Telecommunications and TechnologyThere's been plenty of activity in this battered sector, with the latest big move happening overseas this week, as Deutsche Telekom (DT) and France Télécom (FTE) announced a merger of their U.K. mobile operations. The massive deal between the third- and fourth-largest U.K. mobile companies would give the new company 28.4 million customers and a 37% market share, according to Gartner. In another recent move, eBay (EBAY) unloaded a majority stake of Skype, its Internet telephony unit, to a group led by group led by private-equity firm Silver Lake Partners for about $2 billion. MediaThe world's largest mouse roared again, as Walt Disney (DIS) announced at $4 billion takeover of Marvel Entertainment (MVL). That kind of consolidation is typical of the type of strategic merger Lanser sees dominating the M&A landscape for the next few quarters. "When you have a company that's in pretty good shape, the question is, 'Do I take on this competitor, or do I just try to buy him?'" he says. SMARTMONEY ® Layout and look and feel of SmartMoney.com are trademarks of SmartMoney, a joint venture between Dow Jones & Company, Inc. and Hearst SM Partnership. © 1995 - 2009 SmartMoney. All Rights Reserved.
Source: SmartMoney.com | 13 Sep 2009 | 10:00 pm Dollar Outlook: Kiwi may grind higher as greenback stays out of favourThe New Zealand dollar may grind higher as investors continue to eschew the greenback amid concern foreign central banks are fretting over their exposure to the world's reserve currency as the US stacks up debt to revive its economy.Six...Source: nzherald.co.nz - Business | 13 Sep 2009 | 10:00 pm Report bullish about cycle tourism potentialIf cycle tourism is developed correctly in New Zealand, tourists' spending in that area could double to $640 million a year, new research by the Ministry of Tourism suggests.Released today, the report contained key findings that...Source: nzherald.co.nz - Business | 13 Sep 2009 | 9:30 pm Doubts linger over BofA-Merrill dealAfter a year of unrelenting criticism, the BofA chief executive still has one trump card he can play in the debate about the acquisition: the deal makes profound strategic senseSource: Financial Times - US homepage | 13 Sep 2009 | 9:09 pm House prices still rising - up again in AugustHouse prices are continuing their recent upward trend, with the latest housing price index from the real estate industry showing a 1.2 per cent rise in August. In the three months to August, housing prices were up by 1.6 per cent....Source: nzherald.co.nz - Business | 13 Sep 2009 | 9:00 pm Money laundering agencies merger suggestedConsideration should be given to merging anti-money laundering agencies, a parliamentary committee said today.The foreign affairs select committee said Australia had one agency - the Australian Transactions Reports and Analysis...Source: nzherald.co.nz - Business | 13 Sep 2009 | 8:30 pm Westpac cuts mortgage ratesWestpac bank has cut its mortgage rates, with a new floating rate of 5.69 per cent and its six month fixed rate from 5.39 per cent to 5.29 per cent. It describes this 5.29 rate as "the best in the market, whether floating or...Source: nzherald.co.nz - Business | 13 Sep 2009 | 8:27 pm Comment: China - the world's economic adolescentDid you know that retail invoices in China double as instant scratchies?For a Chinese business invoice to be tax deductible it must be printed on a government authorised receipt called a fapiao. Historically, retailers failed...Source: nzherald.co.nz - Business | 13 Sep 2009 | 8:00 pm Govt still battling on leaky homes issue - KeyThe Government is still battling behind the scenes to find an effective leaky homes solution and it's too soon to talk about a possible hit to New Zealand's credit rating Prime Minister John Key says.The leaky homes crisis followed...Source: nzherald.co.nz - Business | 13 Sep 2009 | 8:00 pm China pushes back after U.S. sanctionRead full story for latest details.Source: Business and financial news - CNNMoney.com | 13 Sep 2009 | 7:56 pm Obama's other fight: Fixing bank rulesJust a month after taking office, President Obama asked Congress to move fast to reform the "outdated" system of financial oversight and install "tough, new common-sense rules of the road" for Wall Street.Source: Business and financial news - CNNMoney.com | 13 Sep 2009 | 7:27 pm Big mood shift seen in year after Lehman (Reuters)
Source: Yahoo! News: Stock Markets News | 13 Sep 2009 | 7:24 pm Trade row erupts between US and China over tyre tariffsA trade row has broken out between the US and China over a decision by Washington to impose punitive duties on Chinese-made tyres. Source: Latest Business News from Times Online | 13 Sep 2009 | 7:07 pm U.S. may invite Singapore, Thailand to G20: Nikkei (Reuters)Reuters - The United States is considering inviting Singapore and Thailand to a Group of 20 summit in Pittsburgh this month to reflect broader views from developing countries, Japan's Nikkei business daily reported without citing sources.Source: Yahoo! News: Stock Markets News | 13 Sep 2009 | 7:02 pm The 100 Most Valuable Brands Of 2009?Several consulting firms post annual figures for the world’s most valuable brands. The two best known are probably the Interbrand and BrandZ surveys. They are notably different, up until now at least. BrandZ includes a number of large brands from Asia. Interbrand does not. 24/7 Wall St. has put together a list of the most valuable [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 13 Sep 2009 | 7:01 pm Risk-taking is back for banks 1 year after crisis (AP)
Source: Yahoo! News: Stock Markets News | 13 Sep 2009 | 6:59 pm BBC Worldwide could be part-privatised in major Corporation shake-upThe BBC’s highly profitable commercial division, BBC Worldwide, could be part-privatised in a major review of the corporation’s operations. Source: Latest Business News from Times Online | 13 Sep 2009 | 6:00 pm We have averted second Depression, Obama claimsPresident Obama will declare today that his economic policies have saved America from a second Great Depression, but a tumultuous 48 hours of protests over his massive spending plans could drown out his reassurance. Source: Latest Business News from Times Online | 13 Sep 2009 | 6:00 pm China investigates US 'dumping' as trade row eruptsChina has launched an investigation into alleged "dumping" of chicken and automotive products by the US in what appears to be an escalating trade row between the two nations.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 13 Sep 2009 | 5:44 pm Banking start-ups in UK put off by regulationInterest in starting new UK banks has mounted among overseas banks and others but fear of tougher regulatory scrutiny is deterring would-be applicantsSource: Financial Times - US homepage | 13 Sep 2009 | 4:47 pm Obama pledges reform on Lehman anniversaryThe US president will use this week’s anniversary of Lehman Brothers’ collapse to promise to drive through financial changes in the face of opposition from banks, regulators and CongressSource: Financial Times - US homepage | 13 Sep 2009 | 3:35 pm What to do with $1 millionQuestion: I'm 23 years old and have recently come into a considerable sum of money -- just under $1 million. While I know that sounds great, I'm afraid I'll make mistakes handling it. I've already noticed that my close friends have suddenly become experts in how to spend a million bucks. My question: How should I manage this money? Do I put it in real estate, CDs, hedge funds? At this point, I think I might have to use some of it to buy anxiety medication. Please help. --Daniel, San Jose, CaliforniaSource: Business and financial news - CNNMoney.com | 13 Sep 2009 | 3:06 pm Consumer spending could boost the stock market (AP)AP - Wall Street wants consumers to do their part to heal the economy. Traders know it's going to take some time.Source: Yahoo! News: Stock Markets News | 13 Sep 2009 | 2:50 pm Lehman collapse: what staff did after the bubble burstFor many former Lehman Brothers employees the collapse of the bank was a catalyst to a new career.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 13 Sep 2009 | 2:43 pm Observer closure 'unlikely' but GNM faces significant job cutsHopes are rising that The Observer will not be closed - although the price of saving Britain's oldest newspaper could be significant jobs cuts.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 13 Sep 2009 | 2:29 pm Tough times for job seekersThe job market is showing signs of improvement, according to the latest economic reports. But for those out of work and pounding the pavement, there are few signs of a turnaround.Source: Business and financial news - CNNMoney.com | 13 Sep 2009 | 2:16 pm Distressed debt funds swoop on Lehman BrothersIn a sign that the market believes administrators will extract some value from the wreckage funds have bought up billions of pounds worth of Lehman Brothers' debt.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 13 Sep 2009 | 2:16 pm Take Starbucks profits, buy some coffee: Barron'sNEW YORK (Reuters) - Starbucks investors should consider taking their profits and buying a cup of coffee instead of overvalued shares, Barron's said on Sunday.Source: Reuters: Business News | 13 Sep 2009 | 2:13 pm ITV product placement 'is worth millions'Troubled ITV stands to reap tens of millions of pounds in new revenue under Government plans to allow USstyle product placement on television.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 13 Sep 2009 | 2:12 pm Insiders sell like there's no tomorrowCan hundreds of stock-selling insiders be wrong?Source: Business and financial news - CNNMoney.com | 13 Sep 2009 | 2:12 pm 8 couples, 8 great retirement spotsMazatlan to South Dakota: Where these 8 couples are spending their golden years - and why they love it.Source: Business and financial news - CNNMoney.com | 13 Sep 2009 | 2:09 pm Japanese bullet train group ready to exportJR Central. says it has formed a consulting division to sell the technology, in a move that will increase competition for the TGV system of France’s Alstom and Siemens’s VelaroSource: Financial Times - US homepage | 13 Sep 2009 | 12:43 pm Hedging loses its lustre for goldThe incentive for miners to sell forward their production has disappeared after the steep climb in prices in the past decadeSource: Financial Times - US homepage | 13 Sep 2009 | 12:26 pm Cadbury attacks Kraft's strategyOpposition is intensifying to the proposed takeover after the UK confectioner released a letter describing the US company as a ‘low-growth conglomerate’Source: Financial Times - US homepage | 13 Sep 2009 | 12:05 pm The Unusual Suspects (GT, CTB, S, DT, LOPE, BBY, ORCL, PALM, GLD, CSX, UNP, RGR)We have a whole host of stocks and sectors to watch throughout this coming week. We have Goodyear Tire & Rubber Co. (NYSE: GT) and Cooper Tire & Rubber Co. (NYSE: CTB) to watch on some tariff news. Sprint Nextel Corp. (NYSE: S) will likely be a key mover on Monday on potential merger reports. [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 13 Sep 2009 | 10:27 am Deutsche Telekom (DT) May Offer To Buy Sprint (S)Deutsche Telekom’s US cellular carrier T-Mobile only has 33 million subscribers. That puts its a distant fourth in the market behind Sprint (S) Verizon Wireless (VOD)(VZ) and AT&T (T). It means that T-Mobile has only 12% of the American market which makes keeping up with the competition in terms of the size of its network and marketing [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 13 Sep 2009 | 5:24 am
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