|
|
|
|
Safilo "good investment" -Italy's Della Valle (Reuters)Reuters - The Della Valle family's stake in Italian debt-laden eyewear maker Safilo is a "good investment" and the company could do "great things" with a local rival, Diego Della Valle said in a Saturday newspaper interview.Source: Yahoo! News: Business | 10 Oct 2009 | 4:08 am Auto Review: 2010 Mecedes E350: First class, no baggage feeSuddenly a trip comes up that covers several states. The options may come down to a quick flight in a crowded jet or leather-bound, air-conditioned midsize luxury in the redesigned E350
Source: MarketWatch.com - Top Stories | 10 Oct 2009 | 4:01 am Owner of Vandalized Saturn Awarded $5,000 as the Winner of Alliance Credit Union's First 'Ugly Car Contest'Spirit of 'Cash for Clunkers' Program Kept Alive with New Facebook-Based Contest SAN JOSE, Calif., Oct. 10 /PRNewswire/ -- Alliance Credit Union, the not-for-profit,...Source: RSS feed - channel BNewsBusiness | 10 Oct 2009 | 4:00 am Women 'missing out' on pensionsTens of thousands of women are missing out on a state pension because of rules affecting part-time staff, experts say.Source: BBC News | Business | World Edition | 10 Oct 2009 | 1:40 am UPDATE 1-China cuts aviation fuel pricesBEIJING, Oct 10 (Reuters) - China will cut the price of aviation fuels by about 4 percent from Sunday, reflecting recent falls in international crude oil prices, according to an announcement from the National...Source: RSS feed - channel BNewsBusiness | 10 Oct 2009 | 1:34 am California governor, lawmakers push for water dealCalifornia lawmakers on Saturday planned to resume negotiations on a deal to upgrade the state's decades-old water system, a day after talks broke up with about a dozen issues yet to be...Source: RSS feed - channel BNewsBusiness | 10 Oct 2009 | 1:12 am Universal Studios challenges Knott's for Halloween dominationUniversal is extending its Halloween Horror Nights and relying on its movie connections to try to knock Knott's Berry Farm's Halloween Haunt from its monster perch.The Halloween battle of the theme parks has begun.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am Kimberly-Clark to acquire Lake Forest firm I-FlowThe $276-million deal for the medical device company is expected to close in the fourth quarter.Kimberly-Clark Corp. said Friday that it would add higher-margin medical devices to its healthcare unit by purchasing healthcare company I-Flow Corp. of Lake Forest for about $276 million.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am Occidental Petroleum to buy Citigroup's Phibro investment unitL.A.-based Occidental estimates a net investment of $250 million in the deal, which would double its energy trading business. Phibro has turned a profit every year since 1997. ...Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am Stocks post their best week since JulyNEW YORK -- The stock market is keeping its momentum going, giving shares their best week in more than two months.Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am Kimberly-Clark to acquire Lake Forest firm I-FlowThe $276-million deal for the medical device company is expected to close in the fourth quarter. Kimberly-Clark...Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am Dole raises its target for IPO to $575 millionDole Food Co., the world's largest producer of fresh fruit and vegetables, amended its initial public offering to say it might raise about $575 million, up from $500 million.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am Occidental Petroleum to buy Citigroup's Phibro investment unitL.A.-based Occidental estimates a net investment of $250 million in the deal, which would double its energy trading business. Phibro has turned a profit every year since 1997.Occidental Petroleum Corp. said it would buy embattled Citigroup Inc.'s commodities trading division, which has drawn fire for compensation practices that could pay the unit's top executive $100 million this year.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am It's the Great Pumpkin-Pie-Filling ShortagePoor weather that reduced last year's crop has led to a skimpy supply across the country. But this year's harvest should be ready for Thanksgiving, supermarkets say. ...Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am It's the Great Pumpkin-Pie-Filling ShortagePoor weather that reduced last year's crop has led to a skimpy supply across the country. But this year's harvest should be ready for Thanksgiving, supermarkets say.Pumpkin pie lovers be warned: You may not find your favorite can of pie filling at the supermarket.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am Southland homeowners at risk for mudslides have trouble finding insuranceSome residents of areas burned by the Station fire are buying flood policies on top of fire and earthquake plans, hoping that at least one will accept mudslide damage claims.Charred slopes in the foothills towering above William Johnson's La Cañada Flintridge home are now a mudslide in the making after being burned by recent wildfires.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am FCC looks into AT & T complaints of Google VoiceThe telephone provider alleges that the Google service refuses to connect calls to rural communities where local phone companies charge higher fees. ...Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am Dole raises its target for IPO to $575 millionDole Food Co., the world's largest producer of fresh fruit and vegetables, amended its initial public offering to say it might raise about $575 million, up from $500 million.Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am FCC looks into AT & T complaints of Google VoiceThe telephone provider alleges that the Google service refuses to connect calls to rural communities where local phone companies charge higher fees.The Federal Communications Commission is looking into complaints by AT&T Inc. that the Google Voice phone service blocks some calls within the United States to avoid a high connection fee.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am Dollar's drop has a bright side: narrower trade gapFriday's news that the trade deficit narrowed in August shows the silver lining from dollar's steep drop.Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am GM signs Chinese Hummer dealU.S. assembly plants would to continue production for Sichuan Tengzhong until at least June 2011.General Motors Co. said it signed a definitive agreement to sell its Hummer sport utility brand to a Chinese heavy-equipment maker, potentially achieving an important goal in the U.S. auto company's post-bankruptcy makeover.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am Obama urges creation of agency to regulate financial industryWith a key vote nearing, the president slams banks and business groups, saying they want only "to maintain the status quo that has maximized their profits at the expense of American consumers." ...Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am Obama urges creation of agency to regulate financial industryWith a key vote nearing, the president slams banks and business groups, saying they want only "to maintain the status quo that has maximized their profits at the expense of American consumers."President Obama tried to build momentum for the centerpiece of his overhaul of financial regulations -- a new agency to protect consumers -- by aiming to derail the strong opposition from business groups that threatens its passage by Congress.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am Free in-flight Wi-Fi network SkyTown could cost youThe ad-supported service is aimed at airline passengers who want to do some shopping.A pair of high-tech companies is launching the first free, ad-supported, in-flight wireless network. This clears the way for passengers to shop for Paula Abdul's Reach for the Stars Bracelet from the Home Shopping Network or an automatic pet feeder from SkyMall while soaring at 30,000 feet.
Source: L.A. Times - Business | 10 Oct 2009 | 1:00 am Free in-flight Wi-Fi network SkyTown could cost youThe ad-supported service is aimed at airline passengers who want to do some shopping. A pair of high-tech companies...Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am Universal Studios challenges Knott's for Halloween dominationUniversal is extending its Halloween Horror Nights and relying on its movie connections to try to knock Knott's Berry Farm's Halloween Haunt from its monster perch. ...Source: RSS feed - channel BNPaperBusiness | 10 Oct 2009 | 1:00 am ADB restores money flow for Marshall IslandsThe Asian Development Bank (ADB) said Saturday it has opened the way to resume large-scale funding for the Marshall Islands after a four-year hiatus as the tiny country cleared long overdueSource: RSS feed - channel BNewsBusiness | 10 Oct 2009 | 12:15 am Argentine Senate passes media reform bill* Bill sparked intense battle between government, mediaSource: RSS feed - channel BNewsBusiness | 9 Oct 2009 | 11:48 pm US eyes free trade pact with ASEANThe United States is beginning to lay the initial groundwork for talks to forge a free trade agreement with Southeast Asia, ahead of President Barack Obama's maiden trip to the region. ASource: RSS feed - channel BNewsBusiness | 9 Oct 2009 | 11:10 pm California controller warns of bigger deficitCalifornia's state controller is warning that disappointing tax receipts will push the state into a bigger budget deficit than expected. A report released Friday by Controller John...Source: RSS feed - channel BNewsBusiness | 9 Oct 2009 | 10:50 pm PRESS DIGEST - Financial Times - Oct 10The energy industry regulator Ofgem has warned that consumers face the prospect of large increases in their gas and electricity bills to fund infrastructure investments of 200 billion pounds over the next...Source: RSS feed - channel BNewsBusiness | 9 Oct 2009 | 9:57 pm Marine fuel trader Chemoil says to post loss in Q3SINGAPORE, Oct 10 (Reuters) - Marine fuel supplier Chemoil Ltd expects to post a net loss in the third quarter, hurt by weak fuel oil margins.Source: RSS feed - channel BNewsBusiness | 9 Oct 2009 | 9:03 pm UN plane crash in Haiti kills 11Eleven UN peacekeepers died on Friday when their surveillance plane crashed into a mountainside in Haiti during a routine patrol, U.N. officials said.Source: Financial Times - US homepage | 9 Oct 2009 | 8:19 pm Crafers 'painted unfairly,' says receiverThe receiver brought in to handle the Crafar farms believes the Crafar family is being painted in an unfair light.Ministry of Agriculture Forestry inspectors have reported back after visiting all 22 farms, citing a list of serious...Source: nzherald.co.nz - Business | 9 Oct 2009 | 8:09 pm Dow hits 2009 closing high on earnings optimismNEW YORK (Reuters) - U.S. stocks climbed on Friday, with the Dow hitting a closing high for 2009, as investors anticipated positive news from next week's key earnings reports and bullish broker comments boosted tech shares.Source: Reuters: Business News | 9 Oct 2009 | 8:07 pm Dow hits 2009 closing high on earnings optimismNEW YORK (Reuters) - U.S. stocks climbed on Friday, with the Dow hitting a closing high for 2009, as investors anticipated positive news from next week's key earnings reports and bullish...Source: RSS feed - channel BNewsBusiness | 9 Oct 2009 | 8:07 pm Stanford puts $1 billion of portfolio on marketSAN FRANCISCO (Reuters) - Stanford University is trying to sell $1 billion of its $12.6 billion portfolio of assets including investments in venture capital, its head of investments said on Friday.Source: Reuters: Business News | 9 Oct 2009 | 7:11 pm FCC launches probe into Google VoiceResponding to a complaint from AT&T, the US Federal Communications Commission has launched an investigation into Google Voice’s practice of blocking calls to some phone numbersSource: Financial Times - US homepage | 9 Oct 2009 | 6:28 pm Sir Brian Stewart learns to take the rough with the smoothIt is 18 months since Scottish & Newcastle (S&N) fell to a hostile £10 billion bid from Carlsberg and Heineken, consigning Sir Brian Stewart, its chairman, to relative oblivion. These days, he has more time to spend on the golf course, his only business interest being his non-executive chairmanship of Miller Group, the Scottish housebuilder and property company. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm Schroders holds back JJB rights as storm threatens to break over chairman’s financesOne of the City’s best-known fund managers pulled the plug on JJB Sports’ £100 million rights issue yesterday amid concerns that new claims could emerge about the finances of Sir David Jones, the retailer’s executive chairman. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm Cadbury’s sales falling below target, say analystsChocolate sales at Cadbury could fall below the company’s guidance, analysts warned yesterday. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm Mandelson wields £400m in state support as weaponLord Mandelson will spend much of this weekend in conference calls with unions and Magna International, the new owner of Vauxhall, to try to force the Canadian group to increase its commitment to both the carmaker’s plants. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm Bounceback in factory prices sparks fears of 4% inflationFears over inflation mounted yesterday as the prices of goods leaving British factories rose unexpectedly for the first time in five months. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm Property investor heads for AIM eyeing £100m to sink into retail parksA property company backed by the chairman of New Look and director of investor relations at Tesco plans to raise £100 million by listing on the London Stock Exchange’s junior market within weeks. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm Sale of Phibro allows Citigroup’s $100m earner to beat the critics$Andrew Hall, the British-born trader whose $100 million ($£63 million) compensation package embarrassed Citigroup, looks likely to hold on to his huge payout after the bank sold Mr Hall’s business yesterday. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm The stage is set for Bond Traders II, another lurid storyA High Court action that starts on Monday, with a claim by one big bonds dealer that a rival illegally tried to “poach” key staff, promises to provide lurid details about the way in which this corner of the City works. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm High Court decision on debt loophole dashes write-off hopes for thousandsAbout 100,000 people trying to have their credit card and loan debts written off by exploiting a legal loophole will have to pay the full amounts they owe after a landmark court ruling this week. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm Ryanair says BBC is preparing ‘hatchet job’ for PanoramaA dispute broke out last night between Ryanair and the BBC before the broadcaster’s planned documentary on the budget airline. Source: Latest Business News from Times Online | 9 Oct 2009 | 6:01 pm Viking furyWhy Icelanders remain angry at economic collapseSource: BBC News | Business | World Edition | 9 Oct 2009 | 5:54 pm 50 Best Jobs in AmericaMoney looked for careers with great pay, superior growth prospects, intellectual challenge, flexibility and more. Which jobs are the winners?Source: Business and financial news - CNNMoney.com | 9 Oct 2009 | 5:25 pm FCC looking into Google's Internet-calling serviceGoogle gets a regulatory inquiry about its Voice Internet-calling service, following calls for an investigation into whether it violates a prohibition on so-called call blocking.
Source: MarketWatch.com - Top Stories | 9 Oct 2009 | 5:14 pm U.S. trade gaps narrows unexpectedlyWASHINGTON (Reuters) - The U.S. trade gap narrowed unexpectedly in August as oil imports plunged and exports grew for the fourth consecutive month, a U.S. Commerce Department report showed on Friday.Source: Reuters: Business News | 9 Oct 2009 | 5:03 pm Bernanke sees tighter policies as economy healsWASHINGTON (Reuters) - The U.S. Federal Reserve must continue to prop up the economy for an extended period but can't do so indefinitely for fear of triggering an inflationary surge, Federal Reserve Chairman Ben Bernanke warned on Thursday.Source: Reuters: Business News | 9 Oct 2009 | 5:03 pm Bernanke sees tighter policies as economy heals (Reuters)
Source: Yahoo! News: Business | 9 Oct 2009 | 5:03 pm After Hours: National Semi CEO to retire; shares turn higherShares of National Semiconductor Corp. gain ground in light volume Friday evening, shrugging off losses that arrived after the company said its chief executive plans to retire.
Source: MarketWatch.com - Top Stories | 9 Oct 2009 | 4:59 pm Rumours about Sir David Jones threaten JJB Sports cash callJohn Clare the senior nonexecutive director at JJB Sports launches an investigation into the financial affairs of executive chairman Sir David Jones.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 4:54 pm Write-Offs: 10.09.09$$$ Top U.S. Prosecutor Forced off Madoff Case Over Conflict [ABC] $$$ Big Hedge Funds Post September Gains [Dealbook] $$$ Reprogram the Reaganites [Master of None] $$$ Job of the Week: Unicorn Investment Bank needs a CEO. You. [DC Career Center] $$$ Hermitage Capital Says Firm Shaken Down By Russians [FINalternatives] 
 Sponsored Topics: Hedge fund - Investment Banks - Business - Investing - Funds Source: Dealbreaker | 9 Oct 2009 | 4:53 pm Latin American Markets: Brazil hits new multi-month high; Mexico upMajor equity markets in Latin America rise Friday as investors eye weekly advances stemming from signs of economic stabilization and improvement in corporate results.
Source: MarketWatch.com - Top Stories | 9 Oct 2009 | 4:52 pm For stocks, it's all about earnings in the week ahead (Reuters)
Source: Yahoo! News: Business | 9 Oct 2009 | 4:51 pm For stocks, it's all about earnings in the week ahead (Reuters)
Source: Yahoo! News: Stock Markets News | 9 Oct 2009 | 4:51 pm For stocks, it's all about earnings in the week aheadNEW YORK (Reuters) - The stock market is set to continue its winning ways in the coming week as momentum builds during earnings season.Source: Reuters: Business News | 9 Oct 2009 | 4:51 pm Stocks spike to new '09 highsStocks rallied Friday at the end of a strong week, with the Dow and S&P 500 hitting their highest levels in over a year as investors extended a seven-month rally.Source: Business and financial news - CNNMoney.com | 9 Oct 2009 | 4:48 pm JPMorgan, others to pay $100M settlement (AP)AP - JPMorgan Chase & Co. and two other investment banks have agreed to pay $100 million to settle a lawsuit over their contribution to investor losses in the collapse of American Business Financial Services Inc., the bankruptcy trustee's lawyer said Friday.Source: Yahoo! News: Business | 9 Oct 2009 | 4:37 pm How the major stock indexes fared on Friday (AP)AP - The stock market is keeping its momentum going, giving shares their best week in more than two months. Moderate gains on Friday led by health care and utility companies pushed stocks to their best weekly performance since July after two down weeks. The Dow Jones industrial average reached its highest level in a year.Source: Yahoo! News: Stock Markets News | 9 Oct 2009 | 4:07 pm German rift opens over Opel saleA rift opened up at the top of the German government over the state-sponsored sale of Opel, just as Berlin haggled with other European governments over their financial contributions for the dealSource: Financial Times - US homepage | 9 Oct 2009 | 4:00 pm Weekend Edition: Washington cooking up third stimulus planThe bleak September jobs report appears to have cracked the political logjam blocking progress on a third stimulus package.
Source: MarketWatch.com - Top Stories | 9 Oct 2009 | 4:00 pm Canadian Markets: Canada snaps four-day winning streakShares ease in Toronto as falling metals prices offset a surprise rise in Canada's job ranks last month.
Source: MarketWatch.com - Top Stories | 9 Oct 2009 | 4:00 pm Dollar rises on Bernanke commentsThe dollar rebounds from recent lows after Ben Bernanke says he will tighten monetary policy when the economy recovers.Source: BBC News | Business | World Edition | 9 Oct 2009 | 3:57 pm Stocks post their best week since July (AP)
Source: Yahoo! News: Stock Markets News | 9 Oct 2009 | 3:54 pm Financier's assets frozen amid fears he 'lost investors millions of pounds'A financier Nicholas Levene has had his assets frozen amid growing concerns that he has lost investors tens of millions of pounds.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 3:47 pm Stocks to Watch: Stocks in focus for MondayAmong the companies whose shares are expected to see active trade in Monday's session are Charles Schwab Corp., Fastenal Co. and National Semiconductor Corp.
Source: MarketWatch.com - Top Stories | 9 Oct 2009 | 3:47 pm Obama defends new consumer agencyPresident Barack Obama launches a staunch defence of his proposed new agency to protect the American consumer.Source: BBC News | Business | World Edition | 9 Oct 2009 | 3:43 pm War & Peace In New YorkIt's a bit of a shame the most recent Nobel laureate would like nothing more than to see New York Governor David Patterson not run for reelection in 2010. Admittedly the big guy did win the award for peace and not economics, but it's not like he doesn't have access to some serious economic brainpower. So exactly what sort of off-the-wall, backwards thinking has Patterson been spewing that 's led to this stand off? New York is clearly an economically important state. Maybe there is a problem with his stance there.
Yes indeed. Time to get this guy out in case he does something really drastic. Assuming Patterson does go and is replaced with somebody with a different take on taxing high income earners, there is definitely a risk people will continue to be driven out of the state. At which point BO may have to put his newly recognized skills to work, and make peace with himself.
Sponsored Topics: New York - New York City - List of Governors of New York - United States - Economic Source: Dealbreaker | 9 Oct 2009 | 3:38 pm Washington Calendar: Washington events for October 12 - 16A look at the major data and events in Washington during the week.
Source: MarketWatch.com - Top Stories | 9 Oct 2009 | 3:28 pm Top Ten: MarketWatch's top stories of the week, Oct. 5-9U.S. stocks recorded a week of gains, bouncing back after two weeks of losses. Earnings season got off to an acceptable, if not exactly positive, start. Retail sales were stronger than expected and economic indicators stopped flashing red.
Source: MarketWatch.com - Top Stories | 9 Oct 2009 | 3:21 pm Citi to sell Phibro unit to OccidentalCitigroup has sold its controversial commodity unit Phibro to Occidental Petroleum for a cut price after intense pressure from the US government over the compensation of its star trader Andrew Hall, according to people close to the situationSource: Financial Times - US homepage | 9 Oct 2009 | 3:15 pm Podcast: Here Comes China
For the future of China's Tianjin Economic-Technological Development Area, absolute confidence. (Laura Conaway) On today's Planet Money: Ian Bremmer of Eurasia Group and professor Kishore Mahbubani of the National University of Singapore take us on a brief world tour. Mahbubani, author of the New Asian Hemisphere, argues that the most of the world is preparing for China's coming global dominance. It's a psychological adjustment that Americans aren't yet ready to make. Bremmer, author of The Fat Tail, says that if the Chinese economy remains state-controlled, American businesses won't get a level playing field. But Americans shouldn't necessarily fear the rise of China, because the U.S. and China will continue to need each other for many years to come. Bonus: A sign of life in Michigan. Download the podcast; or subscribe. Intro music: One Repbulic's "All The Right Moves." Find us: Twitter/ Facebook/ Flickr. Sean K. writes: I work at a small automotive supplier about an hour out of Detroit, MI. Our recent green shoot is... a janitor! Specifically, next week marks the return of limited janitorial service. For the last few months we've all been pitching in to clean up the place, which actually has been nice in it's own way. It makes the office a more familial environment (especially after so many layoffs), plus I love watching managers try (and fail) to do simple things like refill paper towel dispensers. It's not the greatest news, but I'll take whatever I can get. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 9 Oct 2009 | 3:14 pm National Semi CEO Brian Halla to retireNational Semiconductor Corp. announces that Chief Executive Brian Halla will retire, and will be replaced by current Chief Operating Officer Donald Macleod.
Source: MarketWatch.com - Top Stories | 9 Oct 2009 | 3:11 pm Barnes & Noble Expected To Launch E-Book Reader (NewsFactor)NewsFactor - On the heels of Amazon.com taking its Kindle to international markets, Barnes & Noble is venturing into the increasingly popular e-reader market. The Wall Street Journal reported the giant book retailer could roll out an e-reader as early as next month in the U.S.Source: Yahoo! News: Business | 9 Oct 2009 | 3:07 pm Banks still stuck with the junkThe nation's banks are still sitting on tens of billions of toxic assets -- and they likely will be for quite a while.Source: Business and financial news - CNNMoney.com | 9 Oct 2009 | 2:45 pm Pay czar fingerprints on Citi move to sell PhibroNEW YORK/WASHINGTON (Reuters) - The U.S. government's "pay czar" played a critical role in Citigroup's decision to sell off its lucrative commodities trading business, Phibro, a source familiar with the matter said Friday.Source: Reuters: Business News | 9 Oct 2009 | 2:44 pm Fuss on Treasury Auctions, Jaffe on Childrens Place: AudioSource: Bloomberg - All Podcasts | 9 Oct 2009 | 2:43 pm Dow hits 2009 closing high on earnings optimism (Reuters)
Source: Yahoo! News: Stock Markets News | 9 Oct 2009 | 2:42 pm Dow hits 2009 closing high on earnings optimism (Reuters)
Source: Yahoo! News: Business | 9 Oct 2009 | 2:42 pm Will Obama pay taxes on his Nobel?Source: Business and financial news - CNNMoney.com | 9 Oct 2009 | 2:40 pm GM signs deal to sell Hummer to TengzhongDETROIT (Reuters) - General Motors Co signed a deal on Friday to sell its iconic but tarnished Hummer brand to an investment partnership headed by an obscure Chinese machinery maker in an agreement that underscores the fast rise and global ambition of the Chinese auto industry.Source: Reuters: Business News | 9 Oct 2009 | 2:39 pm Learning finance with guinea pigsBonnie Neville and her 9-year-old daughter Rose of Chapel Hill, N.C., share their story about Rose's valuable experience in saving and budgeting.Source: Marketplace Money | 9 Oct 2009 | 2:38 pm Terrorist suspect linked to ‘big bang’ facilityOne of two men arrested in France on suspicion of having links with an Islamist terrorist group was working as a researcher at the Cern “big bang” laboratory on the French-Swiss border, the nuclear research body saidSource: Financial Times - US homepage | 9 Oct 2009 | 2:28 pm Utility firms must raise £200bn to fund green revolutionIndustry leaders have cast doubt on whether the private sector will be able to raise enough to update Britain's energy network.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 2:22 pm Trinity College Cambridge buys O2 arenaThe richest college in Cambridge University has bought The O2 arena in Greenwich London for £24m.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 2:15 pm Nicolas Cage Rolls Snake Eyes
Sponsored Topics: Nicolas Cage - National Treasure - Lord of War - Wicker Man - Internal Revenue Service Source: Dealbreaker | 9 Oct 2009 | 2:13 pm Kids and money: Have you had the talk?Personal finance expert and author Beth Kobliner and her 13-year-old daughter, Rebecca, tell Tess Vigeland some of the lessons they've learned in their talks about about managing money.Source: Marketplace Money | 9 Oct 2009 | 2:10 pm Price comparison websites give different results when asked for the cheapest dealsThere can be a difference of more than 50pc between the cheapest and most expensive 'best buy' energy deals.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 2:09 pm Gold shines for investorsGold prices have gained luster as of late and many expect it to keep shining as investors look to hedge themselves against the threat of inflation and a weak U.S. dollar.Source: Business and financial news - CNNMoney.com | 9 Oct 2009 | 2:06 pm Obama vs. banks: Protecting consumersPresident Obama on Friday made his strongest push yet for the creation of a new consumer protection agency, lashing out against those who have lobbied hard to stand in its way.Source: Business and financial news - CNNMoney.com | 9 Oct 2009 | 1:59 pm Whoever pays the DLA Piper calls...Someone at BAE might have struck lucky. I understand that law firm DLA Piper has been taken on by one of the parties involved in the Serious Fraud Office investigation into corruption allegations at BAE hint it ain't the SFO that DLA is working for.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 1:57 pm Fund investors get a tax breakSource: Business and financial news - CNNMoney.com | 9 Oct 2009 | 1:55 pm Young and talking money, for the familyIn many immigrant families, kids are the only ones with a strong enough grasp of English to interact with the teller at the bank. They act as translators and family budgeters. Mayra Jimenez shares her story.Source: Marketplace Money | 9 Oct 2009 | 1:50 pm Markets end week on a high as Ben Bernanke moves to reassureGlobal markets experienced the best week in four months on the back of reassuring comments from Federal Reserve chairman Ben Bernanke.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 1:45 pm Ford and UAW nearing agreement on contract changesDETROIT (Reuters) - Ford Motor Co is getting close to a deal revising its contract with the United Auto Workers, according to a person briefed on six-week-old talks in which the automaker has aimed to gain concessions the union has already granted to GM and Chrysler.Source: Reuters: Business News | 9 Oct 2009 | 1:44 pm GM agrees Chinese sale of HummerGeneral Motors agrees to sell its iconic Hummer brand to Chinese firm Sichuan Tengzhong for an undisclosed fee.Source: BBC News | Business | World Edition | 9 Oct 2009 | 1:39 pm Hermitage takes to YouTube to excoriate Russian corruptionThe hedge fund battling organised crime in Russia has turned to the internet to launch a blistering attack against state corruption.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 1:37 pm What Sort Of Files Do We Think Are On Ken Lewis's Hard Drive?The problem Wikileaks often runs into is how to present the material it's been given and how to make it easier to sift through for vital information, said Assange. Wikileaks Plans to Make the Web a Leakier Place [PC World]
Sponsored Topics: Bank of America - Ken Lewis - Personal computer - Hard disk drive - Hardware Source: Dealbreaker | 9 Oct 2009 | 1:22 pm 3 tips to start building a college savings account (AP)AP - A new survey by online brokerage TD Ameritrade says college is the top reasons teens save their money. The results were a pleasant surprise to educators who are focusing on getting personal finance taught in schools. The survey indicated 78 percent of teens say they want to share the cost of college with their parents.Source: Yahoo! News: Business | 9 Oct 2009 | 1:18 pm While wind farms run out of puff our bills will build up a head of steamWind. It's a touchy subject. Pete 'n' Dud spotted the problem back in 1961 when they were preparing for the End of The World.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 1:13 pm J&J wheels and deals, awaits new product approvals (AP)AP - Johnson & Johnson, the world's biggest healthcare company and a Dow Jones industrial average component, reports earnings for the third quarter Tuesday morning. Here's a summary of key developments and analyst opinion related to the period.Source: Yahoo! News: Stock Markets News | 9 Oct 2009 | 1:12 pm Small Talk: Drinking, Beatles, flu suitsEnough of the real news. It's time for the tidbits that didn't make the headlines, courtesy of Rico Gagliano, Brendan Newnam and members of the Marketplace staff.Source: Marketplace | 9 Oct 2009 | 1:08 pm Finding a way up when you're downIn Jess Walter's new novel, the protagonist is upside down on his house, out of a job, and a failure at starting a business. But he's got a comeback plan. The author talks with Kai Ryssdal.Source: Marketplace | 9 Oct 2009 | 1:07 pm Weekly Wrap: Examining the collapseLeigh Gallagher from Fortune magazine and John Carney from Clusterstock.com review the business and financial events of the week with Kai Ryssdal.Source: Marketplace | 9 Oct 2009 | 1:07 pm Recovery is slow to get on boardOne of the ways to find out if the economy is bouncing back is to check how much is being shipped by trains, trucks and ships. Marketplace's Mitchell Hartman did just that and reports on what he found.Source: Marketplace | 9 Oct 2009 | 1:07 pm Newscorp, AP put a price on the newsNewscorp and the Associated Press say they will be putting a price on their news content and stepping up efforts to go after people who use it without paying. Senior Business Correspondent Bob Moon reports.Source: Marketplace | 9 Oct 2009 | 1:07 pm Comcast's changes to NBC would showIf General Electric's rumored sale of NBC Universal to Comcast goes through, consumers would see some noticeable differences in what they watch. Jeremy Hobson reports.Source: Marketplace | 9 Oct 2009 | 1:07 pm Mortgage rescues fall short for millionsDespite the gains in the housing market, programs to help at-risk homeowners aren't doing enough to save millions of American from foreclosure, according to a new report. Steve Henn has the story.Source: Marketplace | 9 Oct 2009 | 1:07 pm Which Troubled Financial Services Company Made Sallie Krawcheck Vomit?
The first was that she overslept the morning of the initial interview, and almost missed her flight. And she'd never overslept in her life! She didn't have enough time to shower, or even take her PJs off (WTF?) before putting her pantsuit but whatever. SKraw does remember thinking to herself, "this doesn't feel very good," but NBD. Water off a duck's back. The meeting went well, and she scored a follow-up, this time in New York. The next time, things started out more auspiciously. This was a beautiful spring day. Wearing a new suit and new shoes, she recalled, "I couldn't have been feeling more pleased with myself." So she's walking, she's walking, she's checking out her reflection of the old Bear building, thinking to herself, "Huh, I wonder Jimmy Cayne is up to these days? How weird was it that time he tried to pinch my ass? And what a fine ass it is, amiright? Get a load of that thi--" and BOOM! Girlfriend's heel gets caught in the crack of a sidewalk and she is down for the count. And I'm not talking a little scrape of the knees fall, I'm talking Sallie Krawcheck, missing a tooth.
Sponsored Topics: Bank of America - Ken Lewis - United States - Sallie Krawcheck - New York Source: Dealbreaker | 9 Oct 2009 | 1:03 pm Pay czar fingerprints on Citi move to sell Phibro (Reuters)Reuters - The U.S. government's "pay czar" played a critical role in Citigroup's decision to sell off its lucrative commodities trading business, Phibro, a source familiar with the matter said Friday.Source: Yahoo! News: Business | 9 Oct 2009 | 12:57 pm Chinese closer to buying HummerGeneral Motors moved a step closer to selling its Hummer brand Friday when it announced that it had signed a definitive agreement with a Chinese manufacturer.Source: Business and financial news - CNNMoney.com | 9 Oct 2009 | 12:51 pm Bear Stearns trader thought funds could "blow up"Emails sent by a hedge fund manager at Bear Stearns may indicate he knew of financial problems at the bank eight months before it folded.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Oct 2009 | 12:47 pm FSA Says It's Time To Pay
Sponsored Topics: Financial services - Financial Services Authority - Business - Bank - Market liquidity Source: Dealbreaker | 9 Oct 2009 | 12:46 pm Six Unemployed People For Every OpeningBy Laura Conaway Do the math: On the last business day of August, the number of job openings in the U.S. was just under 2.4 million. The number of unemployed people hit 14.9 million that month, then climbed to 15.1 million in September. That means there about six unemployed people for every available job. And it's been that way for a while. "The job openings rate was little changed in August in all industries and regions," reports the Bureau of Labor Statistics in the latest Job Openings and Labor Turnover Summary. Flat, flat, flat. This job market is just not warming up. Hiring fell in the private sector and in the government one. Hiring fell in every region except for the Midwest, where it rose by 45,000. In the West, hiring fell by 175,000. The quits rate, which includes people who voluntarily leave a job for any reason other than retirement or death, fell back to a record low of 1.3 percent -- so low as to be meaningless. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 9 Oct 2009 | 12:38 pm Telecom ruling on holdThe Commerce Commission is taking more time over a decision on whether Telecom Wholesale's "loyalty offers" are a breach of the company's separation undertakings. The commission began an investigation in late August which was...Source: nzherald.co.nz - Business | 9 Oct 2009 | 12:30 pm Will scented candles light men's fire?Products marketed to men are generally portrayed as things only a real man would want. Deodorant that withstands the elements! Cars that eat up the road! Food that slays your hunger! Candles? Caitlan Carroll reports.Source: Marketplace | 9 Oct 2009 | 12:27 pm US mantra of strong dollar loses its valueFor 14 years US Treasury secretaries have taken up the mantra as though it were an essential part of the office. So, sure enough, Tim Geithner, like his recent predecessors, believes “in a strong dollar”.Source: Financial Times - US homepage | 9 Oct 2009 | 12:22 pm Fear of steep energy bill risesDomestic energy bills in the UK could rise by 60% by 2016 in a worst-case scenario, the energy regulator says.Source: BBC News | Business | World Edition | 9 Oct 2009 | 12:21 pm Film to portray Nehru-Mountbatten love affairIndian authorities have tried to censor a British film portraying the relationship of Jawaharlal Nehru, India’s first prime minister, with the wife of the country’s last colonial viceroySource: Financial Times - US homepage | 9 Oct 2009 | 12:18 pm Other Dream Picks: Dick Fuld, Stan O'Neal, Dennis Kozlowski Telecommuting From Inside The Joint
Sponsored Topics: Bear Stearns - Bank of America - Hedge fund - Ken Lewis - Boston Globe Source: Dealbreaker | 9 Oct 2009 | 11:59 am Klaus throws up further Lisbon hurdleVaclav Klaus, the Eurosceptic Czech president, threw up yet another hurdle on Friday before ratifying the Lisbon treaty – a demand for an opt-out from the pact’s charter of rights and freedoms similar to that obtained earlier by Britain and PolandSource: Financial Times - US homepage | 9 Oct 2009 | 11:54 am This Week’s LinksAdvertising Age in how to make your resume visible on Google. Slacker Manager has a good list of top management and leadership twitterers. David Zinger lists 22 employee engagement mistakes. MSNBC’s list of 9 websites that can make your life easier has some fun finds. Dean Baker on gaming tax credits.
Source: Business Pundit | 9 Oct 2009 | 11:53 am Tourism morale brighterTourism companies are more optimistic about demand amid expectations a global economic recovery will bolster arrivals, according to a survey. About 49 per cent of companies say demand will rise in the next three months, up from...Source: nzherald.co.nz - Business | 9 Oct 2009 | 11:30 am Higher Oil, Higher Rigs (BHI, OIH, DIG, USO, OIL)Maybe higher oil prices keep begetting higher rig counts. Baker Hughes, Inc. (NYSE: BHI) has released its weekly rig counts and the gains are literally on all three measures. We have been watching the Oil Services HOLDRs (NYSE: OIH), the Ultra Oil & Gas ProShares (NYSE: DIG), the United States Oil (NYSE: USO) ETF and [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 11:24 am The dollar's weak -- but it's not a crisisIt sounds like the plot of a bad spy novel.Source: Business and financial news - CNNMoney.com | 9 Oct 2009 | 11:14 am Climate talks make little progressTalks designed to pave the way for a comprehensive climate deal in Copenhagen this year ended on Friday with little progress and the gap between developing and industrialised nations seemingly no closerSource: Financial Times - US homepage | 9 Oct 2009 | 11:07 am Presented By:Source: Dealbreaker | 9 Oct 2009 | 11:02 am Experts Weigh In On Whether Or Not The FHA Is Actually In The Express Lane To A Bailout
Backing risky loans and susceptibility to fraud almost sounds like the kind of reckless subprime behavior that led us to where we are today. But we're a democracy. There are other experts whose opinions should be taken into consideration. Maxine, please give us your professional assessment.
Sponsored Topics: Fannie Mae - Federal Housing Administration - United States - Subprime lending - Democracy Source: Dealbreaker | 9 Oct 2009 | 11:02 am A look at economic developments around the globe (AP)AP - A look at economic developments and activity in major stock markets around the world Friday:Source: Yahoo! News: Stock Markets News | 9 Oct 2009 | 10:57 am Tories warn student loan ministerThe Conservatives' university spokesman says ministers cannot duck responsibility in student loans fiasco.Source: BBC News | Business | World Edition | 9 Oct 2009 | 10:55 am French firms urged to cut stressFrench companies are being urged to prevent stress in the workplace to stem a wave of suicides.Source: BBC News | Business | World Edition | 9 Oct 2009 | 10:54 am A month of getting by on nothingW. Hodding Carter and his family decided to try a little experiment: Go a whole month without spending -- anything. He talks with Tess Vigeland about the experience.Source: Marketplace Money | 9 Oct 2009 | 10:45 am Getting PersonalTess Vigeland and Los Angeles Times consumer columnist David Lazarus answer listeners' questions, from how to prove you didn't receive income that the IRS says you did, to fighting back against debt-relief scams.Source: Marketplace Money | 9 Oct 2009 | 10:45 am He's carrying out his takeout ideaNoah Glass was just about to start Harvard Business School when he threw that opportunity out the window to pursue his dream of starting a business that makes the buying of fast-food go faster. Jeremy Hobson reports.Source: Marketplace Money | 9 Oct 2009 | 10:45 am Mementos of a health care emergencyReporter Julia Barton recounts the day her son was born, as well as the financial aftermath of the medical care it took to save his life.Source: Marketplace Money | 9 Oct 2009 | 10:45 am EOB forms have some explaining to doIf there's one complaint common to people lucky enough to have health insurance, it's the explanation of benefits form that you get after visits to the doctor. As Tamara Keith reports, it needs a whole lot of explaining itself.Source: Marketplace Money | 9 Oct 2009 | 10:45 am Time to rally behind the stock market?Federal Reserve Chairman Ben Bernanke has declared the recession over. Stock prices have climbed. Yet, many investors are still cautious. Tess Vigeland talks to Bob Frick of Kiplinger's Personal Finance about whether this is a stock market rally we can trust.Source: Marketplace Money | 9 Oct 2009 | 10:44 am Lunch Break: Really Young HomeownersBy Laura Conaway
"He gave me a huge lecture," Denise Tejada says about her father's intervening in her teenage spending habits. "He analyzed my bills and my checks and how much I was spending on certain extra things that I wanted." The dad put his kids on a savings program so they could afford to break into the depressed real estate market. As Wilmer Tejada says, they might not get another chance like this one for a long time. » E-Mail This » Add to Del.icio.us
Source: NPR Blogs: Planet Money | 9 Oct 2009 | 10:33 am Next Week’s Top 11 Earnings (INTC, JNJ, ABT, JPM, C, GS, GOOG, IBM, BAC, GE, HAL)We may have had earnings season officially start with Alcoa this week, but next week will be the real week for the launch of earnings season. We now have an index to track the top 500 companies by market cap on a real-time basis via the 24/7 Wall St. Real-Time 500, and these top 10 [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 10:33 am Small profit for Scott TechnologyScott Technology made a small profit in a turbulent environment, and noted a 45 per cent swing in the New Zealand dollar. The maker of high-technology production systems for manufacturers turned to a profit before tax of $390,000...Source: nzherald.co.nz - Business | 9 Oct 2009 | 10:30 am Caption Contest Friday
Also good:
Sponsored Topics: Contest - Arts - Programming - ACM - Writers Resources Source: Dealbreaker | 9 Oct 2009 | 10:27 am What will health reform cost? Anybody's guessThere's nothing like getting a good grade. That's how the Congressional Budget Office's preliminary analysis of the Senate Finance health reform bill is being portrayed.Source: Business and financial news - CNNMoney.com | 9 Oct 2009 | 10:25 am Work for Obama after peace prize shockUS President Barack Obama wins the Nobel Peace Prize for his calls to reduce the world’s stockpile of nuclear weapons and work for world peaceSource: Financial Times - US homepage | 9 Oct 2009 | 10:14 am Party's over and debts called in for property kingsWho will mourn the financial ruin of private property developers? Each week brings the fall of more members of this high-living, once-powerful band.One day, it seems, they have the best clothes and are seen about town with the...Source: nzherald.co.nz - Business | 9 Oct 2009 | 10:00 am Wins likely to encourage IRD pursuitEncouraged by its big wins in the Westpac, BNZ and Trinity tax cases, the Inland Revenue Department is likely to pursue other transactions which may comply with the letter of the law but which it regards as being avoidance, says tax...Source: nzherald.co.nz - Business | 9 Oct 2009 | 10:00 am Merino wool suits Italian fabric makerThe New Zealand merino industry is hopeful a new deal with an Italian fine suiting fabric maker will be the start of things to come.REDA, based in Biella, Italy, has signed a contract with The New Zealand Merino Company to buy...Source: nzherald.co.nz - Business | 9 Oct 2009 | 10:00 am Hummer bought by Chinese companyDETROIT - Hummer, the off-road vehicle that once epitomised America's love for hulking trucks, is now in the hands of a Chinese heavy equipment maker.General Motors and Sichuan Tengzhong Heavy Industrial Machinery finally signed...Source: nzherald.co.nz - Business | 9 Oct 2009 | 10:00 am Collapse of a brick and mortar empireAucklander and ex-Rich Lister Jamie Peters says he started small in property but eventually made profits of $10 million on one building deal.Back in 1989, Peters took advantage of the last bust. He bought houses at mortgagee sale,...Source: nzherald.co.nz - Business | 9 Oct 2009 | 10:00 am Brian Gaynor : Raft of IPOs worth a look - with careTake out your cheque book and be ready to put pen to paper. A flood of Initial Public Offerings (IPOs), instigated by private equity sellers, is about to hit investors.Myer is first off the block and will be quickly followed by...Source: nzherald.co.nz - Business | 9 Oct 2009 | 10:00 am Chad pipeline threatens villagesActivists in Chad fear a new Chinese-backed oil project will displace hundreds of people and will destroy at least 10 villages.Source: BBC News | Business | World Edition | 9 Oct 2009 | 9:11 am Heymann Sees Value Destruction for GE Shareholders: AudioSource: Bloomberg - All Podcasts | 9 Oct 2009 | 9:08 am Weak dollar improves US trade gapThe US trade deficit shrank in August as the weak dollar boosted exports, according to the Commerce Department.Source: BBC News | Business | World Edition | 9 Oct 2009 | 9:03 am Sieminski Says Weak Economy Will Lower Oil Price in 2010: AudioSource: Bloomberg - All Podcasts | 9 Oct 2009 | 9:01 am Ablin Sees U.S. Stocks Advancing Over Next Four Quarters: AudioSource: Bloomberg - All Podcasts | 9 Oct 2009 | 8:42 am Beuzit Sees U.S. 10-Year Yield Below 3% Next Year: AudioSource: Bloomberg - All Podcasts | 9 Oct 2009 | 8:41 am Alfa's Smith Says China Uses Reserves to Buy Commodities: AudioSource: Bloomberg - All Podcasts | 9 Oct 2009 | 8:39 am CEOs Growing More ConfidentThe Conference Board issues a report called “CEO Confidence” on a quarterly basis. It is probably without surprise that the gains in the second quarter were also gains in the third quarter. Its index came in at 63, up from 55 in Q2. With a break-even level at 50.0, this is getting better. The only [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 8:15 am FHA On The Ropes, Or Not. Plus: Canada Adds JobsBy Laura Conaway Good morning, and welcome to the latest mixed signs of the times. The Federal Housing Administration, which backs home loans with small down payments, is either at risk of needing a bailout, as a former Fannie Mae executive told Congress yesterday, or is going to make it through, as FHA commissioner David Stevens told them. The U.S. trade deficit fell just a bit in August, the Commerce Department reports, as exports rose ticked upward and imports ticked downward. On the other hand, retailers sold slightly more in September than in August. In its October report, Elizabeth Warren's Congressional Oversight Panel questions whether federal efforts to help struggling homeowners avoid foreclosure will help enough people or help them long enough. Treasury issued its own report saying the Making Home Affordable Program is finally on its way and has helped 500,000 mortgage holders so far. Federal Reserve Chairman Ben Bernanke reassured inflation watchers by signaling that the central bank has a plan for tiptoeing back out of its many market interventions of the past year. The New York Times reports that policymakers at the Fed disagree over when to raise interest rates again. Where's employment growing? Canada, where employers added 30,600 jobs in September and the jobless rate fell from 8.7 percent to 8.4 percent. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 9 Oct 2009 | 8:00 am Prosecution of UBS informant seen backfiring on U.S.MIAMI (Reuters) - The key informant in the U.S. tax evasion case against Swiss bank UBS AG faces prison next year, but his harsher-than-expected treatment by the U.S. Justice Department will undermine efforts to expose secretive offshore tax havens, lawyers and whistle-blower advocates say.Source: Reuters: Business News | 9 Oct 2009 | 7:50 am Kiener Says Gold ETFs Have Potential Pitfalls: AudioSource: Bloomberg - All Podcasts | 9 Oct 2009 | 7:44 am Citi Escapes Big Bonus Issue, Unloads Phibro to Occidental (C, OXY)If you can’t take the heat, get out of the kitchen. That is what Citigroup, Inc. (NYSE: C) has done over its Phibro commodities trading unit. Occidental Petroleum Corporation (NYSE: OXY) has signed an agreement to acquire Phibro LLC from Citi “for approximately net asset value.” Interestingly enough, that net asset value was not disclosed, [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 7:32 am Today’s Best Market Rumors (10/9/2009)Updated throughout the day. Updated 2:00 PM EST: American Superconductor Corporation (NASDAQ: AMSC) has traded higher all day and some are noting takeover chatter on this one. We have yet to see anything credible, but this is up close to 4% at $32.60. Updated 11:57 AM EST McGraw-Hill (NYSE:MHP) may be close to selling BusinessWeek and would [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 7:19 am Top Day Trader Alerts (ACOR, AVNR, INFY, SVNT, SPPI, TSM)These are this Friday morning’s top day trader and active trader alert stocks. We have provided a link through to VSInvestor.com with more detailed price and volume analysis on each stock below: Acorda Therapeutics, Inc. (NASDAQ: ACOR) down on FDA link that made its data public. AVANIR Pharmaceuticals, Inc. (NASDAQ: AVNR) is the top gainer so far [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 6:57 am This Week’s Weird Jobs
Next time someone asks you what you do, you can say “I’m a nemesis,” or “I’m a budtender.” At least, that would be the case if you picked up one of the jobs below: 1. Adult Fantasy Phone Artist (work from home) Adult Fantasy Phone Artists needed for established phone service. Knowledge of fetishes a plus. Must have phone to make long distance calls from Land line with unlimited long distance to US & Canada. Accents or foreign language a + ie: British, Latin, Asian, French, Indian Experience a +. Compensation: $10 for 20 min $5 for 10 min Latin accent, eh? Must be a lot of historians calling in. 2. San Francisco: Nemesis required. 6-month project with possibility to extend I’ve been trying to think of ways to spice up my life. I’m 35 years old, happily married with two kids and I have a good job in insurance. But somethings missing. I feel like I’m old before my time. I need to inject some excitement into my daily routine through my arm before its too late. I need a challenge, something to get the adrenaline pumping again. An addiction would be nice, but, in short, I need a nemesis. I’m willing to pay $350 up front for you services as an arch enemy over the next six months. Nothing crazy. Steal my parking space, knock my coffee over, trip me when Im running to catch the BART and occasionaly whisper in my ear, “Ahha, we meet again”. That kind of thing. Just keep me on my toes. Complacency will be the death of me. You need to have an evil streak and be blessed with innate guile and cunning. You should also be adept at inconsicuous pursuit. Evil laugh preferred. Send me a photo and a brief explanation why you would be a good nemesis. British accent preferred. You can tell this guy works in insurance. Someone else might, say, punch or slander someone to acquire a real-life nemesis. The job poster, on the other hand, wants all the benefits of a nemesis–without the risk. 3. Texas: Successful Independent Women/Man Reality Show Are you a successful woman/man? Do you have your own successful business? Are you the best in your field? Are you a doctor, attorney realtor, making at-least 6 figures??? … Do you have an elite group of friends? Do you find it hard to find the right man/woman because of your success? We are interesting in interviewing successful women; single, engaged or recently divorced…. If selected – participants will receive some compensation & Possible Reality show placement. We will try to hook you up with handsome studs looking for sugar mommas. 4. Los Angeles: Medical Marijuana Budtender We are looking for an attractive female bud tender for our unique medical marijuana pharmacy. Must be self motivated, responsible and reliable. Sales experience is a plus but not a must. Must be able to obtain doctor recommendation. Please provide your current photo(s), a short letter, and resume. So people will buy more pot when there’s a hot girl behind the counter? Sounds half-baked, but oddly plausible. 5. Louisiana: The Winning Edge Well-established company in need of an independent Data Entry Clerk. Must have following: Computer – high speed connection, telephone, fax machine. Computer needs Micro-soft Office Apps. We would like someone who is good with time management, sincere, and well rounded. Micro-soft = Microsoft, spelled with a Southern accent. Happy Friday!
Source: Business Pundit | 9 Oct 2009 | 6:50 am Wieting Sees U.S. Corporate Earnings Growth Slowing: AudioSource: Bloomberg - All Podcasts | 9 Oct 2009 | 6:48 am Anti-foreclosure programs are not enough: watchdogWASHINGTON (Reuters) - Government programs to fight the U.S. home foreclosure crisis look increasingly inadequate and should be reworked, expanded and supplemented with new ideas, a congressional watchdog said in a report on Friday.Source: Reuters: Business News | 9 Oct 2009 | 6:46 am More Secondaries Hitting the Market (LAD, PZG, SVNT, GOL)We have seen at least four different secondary offerings this morning, and there are some others that are pending to be priced for trading today. The offerings are from Lithia Motors Inc. (NYSE: LAD), Paramount Gold & Silver (AMEX: PZG), Savient Pharmaceuticals (NASDAQ: SVNT), and GOL Linhas Aereas Inteligentes SA (NYSE: GOL). Details on pricing [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 6:26 am European markets subdued after week long advance (AP)
Source: Yahoo! News: Stock Markets News | 9 Oct 2009 | 6:17 am European markets dip after recent rally (AFP)
Source: Yahoo! News: Stock Markets News | 9 Oct 2009 | 6:01 am European markets dip after recent rally (AFP)
Source: Yahoo! News: Business | 9 Oct 2009 | 6:01 am IEA Sees Surge In Oil DemandThe top global banking associations and economist have a broad spread of expectations about what worldwide GDP growth will be in 201o. The IEA has raised its GDP forecast and along with it the forecast for oil demand. The agency says that global oil demand have been raised to an average of 84.6 barrels per day in 2009 and will average 86.1 barrels per day in [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 5:55 am BlackRock's Doll Likes Anadarko, IBM, Pharmaceuticals: AudioSource: Bloomberg - All Podcasts | 9 Oct 2009 | 5:51 am Top Analyst Upgrades (AKS, BMY, CREE, JPM, LRCX, MAR, RIMM, SVNT, SE, VIA)These are this Friday morning’s top Wall Street analyst upgrades and positive research calls: AK Steel (AKS) Raised to Buy at Deutsche Bank. Bristol-Myers (BMY) Started as Outperform at Wells Fargo. Cree (CREE) Started as Overweight at JPMorgan J.P. Morgan (JPM) Started as Strong Buy at Raymond James. Lam Research (LRCX) Raised to Outperform at Credit Suisse. Marriott (MAR) Raised to [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 5:43 am Top Analyst Downgrades (ARO, AKAM, AIZ, EP, HOT, SVU)These are the top Wall Street analyst downgrades and cautious research calls seen early this Friday morning: Aeropostale (ARO) Cut to Sell at Goldman Sachs. Akamai (AKAM) Cut to Market Weight at Thomas Weisel. Assurant (AIZ) Cut to Neutral at SunTrust. El Paso (EP) Cut to Neutral at Goldman Sachs. Starwood Hotels (HOT) Cut to Hold at Soleil. SuperValu (SVU) Cut [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Oct 2009 | 5:41 am Some Ads Work
Source: Business Pundit | 9 Oct 2009 | 5:36 am
|
