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Wal-Mart (WMT) Lends Hand To The Poor One $2 Meal At A TimeThe cynic’s view of Wal-Mart’s (NYSE:WMT) new expansion of its Great Value private label food brand is that it is aimed at making as much money as possible from those who are out of work or work for the minimum wage. The New York Times reports that Wal-Mart is marketing the brand as a way for food [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Nov 2009 | 3:39 am Stocks: Buyers 'swooping back in'So was that it? Is the so-called market correction over?Source: Business and financial news - CNNMoney.com | 9 Nov 2009 | 3:36 am Stock futures point to gains after G20 (Reuters)
Source: Yahoo! News: Business | 9 Nov 2009 | 3:25 am Stock futures point to gains after G20 (Reuters)
Source: Yahoo! News: Stock Markets News | 9 Nov 2009 | 3:25 am Vodacom cautious about recoveryThe boss of the South African mobile phone firm, Vodacom, says it is too early to be confident of a sustained recovery.Source: BBC News | Business | World Edition | 9 Nov 2009 | 3:22 am Ratings changes lift Hong Kong, China sharesMoody's lifts its outlook on China and Hong Kong.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 3:18 am NBC Universal Gets A $30 Billion ValuationNBC Universal, the entertainment arm of GE (NYSE:GE) which is 20% owned by Vivendi, is worth $30 billion. That is the figure that GE and Comcast (NASDAQ:CMCSA), the cable company that intends to take control of NBCU agree on. Vivendi may be willing to take $6 billion for its piece of UBCU and if so, the valuation is [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Nov 2009 | 3:12 am Cadbury expected to receive hostile bidThe board of the UK food group is preparing to meet on Monday amid expectations that Kraft will go hostile with its takeover offer. The US group will either formalise its original proposal of 300p in cash and 0.2589 new Kraft Foods shares per Cadbury share, or increase it slightlySource: Financial Times - US homepage | 9 Nov 2009 | 3:07 am Long-haul decline hits Aer LingusIrish airline Aer Lingus says sales fell by 9.7% in the third quarter after it suffered a drop in long-haul passenger traffic.Source: BBC News | Business | World Edition | 9 Nov 2009 | 2:56 am Futures Movers: Oil rises on hurricane worries, dollar weaknessCrude futures rise above $78 a barrel on Monday, as hurricane Ida heads towards the Gulf of Mexico.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 2:56 am Sonova to buy Advanced Bionics for $489MSwiss hearing aid firm Sonova Holding AG said Monday it is buying cochlear implant maker Advanced Bionics Corp., based in California, for $489 million in cash. Sonova expects the...Source: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 2:54 am Health care debate moves to Senate - CNN.comSource: Business and financial news - CNNMoney.com | 9 Nov 2009 | 2:51 am Jobs market decline 'set to slow'The number of UK firms planning to make staff redundant has fallen, but the jobs market is still very weak, a report says.Source: BBC News | Business | World Edition | 9 Nov 2009 | 2:47 am Deadline looms for Kraft to make Cadbury bidA deadline loomed Monday for Kraft Foods Inc. to make a formal offer for British candy maker Cadbury PLC or walk away for six months. Shares in Cadbury have soared in recent days as...Source: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 2:47 am Waiting For Another Recession In The SpringA number of experts raised the issue of how long the recovery can last as unemployment went over 10% last week and the total number of people out of jobs or looking for full time work topped 17% of the able-bodied population. It is a very reasonable question. The term “double dip” recession is still [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Nov 2009 | 2:44 am A sonic silver bullet for fighting crimePolice surveillance cameras can make civil libertarians queasy. But what if cops could listen for dangerous crime instead of watching?Source: Business and financial news - CNNMoney.com | 9 Nov 2009 | 2:37 am Axa Asia unit snubs $10bn offerAustralian insurer Axa Asia Pacific Holdings rejects a takeover bid from its French parent firm Axa, which launched a rights issue.Source: BBC News | Business | World Edition | 9 Nov 2009 | 2:35 am FTSE 100 up 0.83% (AFP)
Source: Yahoo! News: Stock Markets News | 9 Nov 2009 | 2:30 am China car sales surge on stimulus stepsChina’s passenger cars sales in October surged 75.8% compared with a year earlier, extending the growth in recent months prompted by government incentivesSource: Financial Times - US homepage | 9 Nov 2009 | 2:29 am Look who's hiring nowSource: Business and financial news - CNNMoney.com | 9 Nov 2009 | 2:28 am GE, Comcast agree on NBC Universal's worthSource: Business and financial news - CNNMoney.com | 9 Nov 2009 | 2:27 am Allianz tops forecasts as life unit growsGerman insurer reports a third-quarter net profit of 1.32 billion euros ($1.97 billion), beating market expectations.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 2:27 am Kraft likely to make hostile bid for CadburyRead full story for latest details.Source: Business and financial news - CNNMoney.com | 9 Nov 2009 | 2:21 am UPDATE 2-Sonova to buy Advanced Bionics Corp for $489 mln* Total transaction costs 510 mln Sfr at current rates * Sonova sees deal adding to earnings 2nd year after closeSource: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 2:20 am London Markets: British shares advance as oil firms, miners gainCommodity-sector stocks are among the strongest performers as metal and oil futures climb.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 2:18 am Global stocks rise, dollar falls after stimulus pledgeLONDON (Reuters) - Global stocks rose and the dollar fell on Monday after the Group of 20 pledged to keep stimulus in place until recovery was assured, following data on Friday showing the U.S. unemployment rate rose to a 26-year high.Source: Reuters: Business News | 9 Nov 2009 | 2:17 am Britons use 2m moneyoff vouchers every daySavingsavvy Britons use 2m moneyoff vouchers per day clawing back £2.7bn per year research has suggested.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Nov 2009 | 2:16 am World markets track US higher after jobs report (AP)
Source: Yahoo! News: Stock Markets News | 9 Nov 2009 | 2:15 am ICICI, Temasek revive Firstsource stake sale-sourcesHONG KONG/MUMBAI, Nov 9 (Reuters) - India's ICICI Bank , Singapore state investor Temasek and another large shareholder have revived plans to sell their stakes in back-office firm Firstsource Solutions...Source: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 2:15 am Microsoft (MSFT) Windows 7 And The Renewal Of The PC IndustryMicrosoft (NYSE:MSFT) Windows 7 sales in the first week after its introduction last month outdid Vista sales during the first week after its launch in January 2007 by 234%, according to industry research firm NPD. Microsoft has certainly encouraged the rumors that the operating system is doing well, but that no longer appears to be [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Nov 2009 | 2:12 am McDonald’s (MCD) Consumer Service Lesson: Seconds CountMcDonald’s (NYSE:MCD) spends a great deal of its test kitchen time trying to beat the clock. It has occurred to the fast food chain that a customer who expects to wait 30 seconds for a meal may leave after a minute if his food is not ready. The world’s largest restaurant operator has its own [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Nov 2009 | 2:08 am Metals Stocks: Gold futures climb to new heights on GlobexGold futures climb to new heights as the market extends gains from Friday's record New York finish.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 2:05 am Media Digest 11/9/2009 Reuters, WSJ, NYTimes, FT, BloombergReuters: Hurricane Ida is heading toward Gulf oil fields. Reuters: Kraft (NYSE:KFT) will make its bid for Cadbury. Reuters: GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to a NBCU valuation. Reuters: The IMF is considering an insurance levy on banks. Reuters: Opel unions want autonomy as a condition for talks. Reuters: Advanta filed for bankruptcy protection. Reuters: Morgan Stanley (NYSE:MS) will [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Nov 2009 | 2:03 am Customer Value Development: how a Fresh Perspective on Emerging Markets' Telecom Economies Generates 5-15% EBITDA ImprovementDUBAI, UAE, November 9 /PRNewswire/ -- Delta Partners, the leading specialized telecoms advisory and investment firm released, its latest White Paper entitled...Source: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 2:02 am Record gold price boosts FTSEA record high in the price of gold sent mining stocks surging and helped the FTSE continue its upward trend. Source: Latest Business News from Times Online | 9 Nov 2009 | 2:00 am Dow Jones Survey of CFOs Shows Loss of Trust in Investment Banks, High Level of Satisfaction With Investment BankersBanker Relationship and Commitment to Customer Keys to Winning and Keeping Clients NEW YORK, Nov. 9 /PRNewswire/ -- A Dow Jones & Company survey of top financial...Source: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 2:00 am The greatest real estate turnaround everCharlotte Street was an apocalyptic nightmare version of urban life.Source: Business and financial news - CNNMoney.com | 9 Nov 2009 | 1:59 am UPDATE 1-India's Reliance close to $6 bln overseas buy-paper* Reliance Industries declines direct comment on reportSource: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 1:58 am Nikkei shrugs off weak US jobs dataTOKYO, Nov 9 (Reuters) - Japan's Nikkei average shrugged off weak US jobs data to rise 0.2 per cent on Monday, with China-linked shares such as Kubota up on hopes economic indicators from Beijing due later...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:56 am Axa Asia Pacific rejects $10bn offerAustralia's AMP has teamed up with French rival Axa to engineer an A$11bn (US$10.2bn) bid for Axa Asia Pacific, the Australian listed asset manager, in one of the largest takeover offers in the financial...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:53 am The Wall's fall proved a boom for German equitiesTwenty years ago the wall dividing East and West Berlin -- the symbol of the Iron Curtain between Western Europe and the Communist Bloc -- tumbled. The initial promises of a rapidly growing East Germany haven't been met, but German equities still have performed well.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 1:51 am German trade surplus slumps: statisticsGermany's foreign trade surplus slumped by nearly a third in September to 10.6 billion euros (15.8 billion dollars), figures released on Monday by the national statistics office showed. ...Source: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 1:49 am Insurers help FTSE 100 make gainsLondon equities made progress on Monday, with insurance stocks in the lead after upbeat broker comment on the sector's exposure to fast-growing developing markets. The FTSE 100 rose 0.9 per cent to 5,189...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:49 am Europe Markets: Miners, insurers lead fourth day of Europe gainsEuropean shares jumped on Monday, with miners performing well and as investors also welcomed earnings and deal moves in the insurance sector. Allianz rallies while AXA lower on rejected bid.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 1:48 am Philippine oil firms may halt imports -officialsMANILA, Nov 9 (Reuters) - Philippine oil companies may halt imports of refined petroleum products as losses mount from a state-imposed cap on fuel prices, company and government officials said on Monday...Source: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 1:42 am Gazprom sees 50% drop in profitsProfits at Russian energy giant Gazprom drop 50% to 305.8bn roubles ($10.6bn) because of the higher cost of buying gas.Source: BBC News | Business | World Edition | 9 Nov 2009 | 1:41 am Millennium & Copthorne is benefitting from a boom in Muslim religious travelWhen more than 3m Muslim pilgrims descend on Mecca for Hajj hotel group Millennium & Copthorne plans to be there to meet them.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Nov 2009 | 1:39 am House health bill unacceptable to many in SenateDon't look for the Senate to quickly follow the House on health care overhaul. A government health insurance plan included in the House bill is unacceptable to a few Democratic moderatesSource: RSS feed - channel BNewsBusiness | 9 Nov 2009 | 1:39 am Takeover talk helps lift market moodThe chatter of takeovers, real and potential, gave added pep to markets on Monday morning, as investors reacted with relief to Wall Street's initially muddled but ultimately sanguine response to worse-than-expected...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:36 am Axa Asia Pacific rejects $11bn bid from French parent$Axa Asia Pacific today rejected a A$11 billion ($£6 billion) break-up bid from Axa, its French parent, and AMP, its Australian rival. Source: Latest Business News from Times Online | 9 Nov 2009 | 1:35 am After G-20, 'fresh dollar weakness'Read full story for latest details.Source: Business and financial news - CNNMoney.com | 9 Nov 2009 | 1:34 am Earnings Watch: Updates, advisories and surprisesA roundup of the latest corporate earnings reports and what companies are saying about future quarters.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 1:31 am Gold rush in Scottish HighlandsThe soaring price of the precious metal has spurred one company to start mining.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 9 Nov 2009 | 1:30 am Asia Markets And Europe Open 11/9/2009Markets in Asia rose. The Nikkei was up .2% to 9,809. The Hang Seng rose 1.7% to 22,208. The Shanghai Composite was up .4% to 3,175. At the open in Europe, the FTSE was up 1% to 5,193. The Dax rose 1.3% to 5,558. The CAC 40 was up 1% to 3,745. Data from Reuters and MarketWatch Douglsa A. McIntyre Posted in [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 9 Nov 2009 | 1:27 am Hampton joins Anglo American boardAnglo American has appointed Sir Philip Hampton, the new chairman of Royal Bank of Scotland, as a non-executive director, in what the South African-based mining group promises will be a shake-up in its...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:18 am Property and casualty unit weighs on AllianzAllianz, Europe's largest insurance group, more than doubled its net income during the third quarter but said its property and casualty insurance business was still operating at below normal levels.Net...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:14 am Moody's lifts credit outlooks on China, Hong KongMoody’s lifts its outlook for China and Hong Kong sovereign ratings, as well as those for a number of Chinese banks, adding that credit fundamentals are likely to continue to improve as the country emerges from the global recession.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 1:09 am 'Carol' opens at No. 1, but 'Precious' hits a high noteThe Jim Carrey movie gets off to a slow start, bringing in $31 million, while the film-festival favorite sets a record.Christmas came early at the box office this year, but not for the studio that expected it.
Source: L.A. Times - Business | 9 Nov 2009 | 1:00 am What makes innovation work isn't really a mysteryThe idea that a systematic approach to design is key to success isn't as novel as 'The Design of Business' may make it seem -- the concept was introduced in the 1800s. Still, the book is worth a read.What distinguishes truly innovative businesses?
Source: L.A. Times - Business | 9 Nov 2009 | 1:00 am Best Buy prepares for a shift to downloadsThe retailer is aggressively positioning itself to sell Internet-connected televisions, Blu-ray disc players, computers and phones as sales of CDs and DVDs fall.Walking between rows of DVDs at the Best Buy store in West Hollywood, Brandy Moore admits that she doesn't always buy the shiny discs anymore since she started downloading movies and TV shows from Apple's iTunes Store. There's just one problem: She hasn't figured out how to watch them on her TV.
Source: L.A. Times - Business | 9 Nov 2009 | 1:00 am Unite Here, Workers United in heated dispute over membersClaims of member-raiding attempts between the unions include leafleting, home visits and, court documents say, 'coercive interrogation techniques.'Carmen Padron, a commercial laundry worker in Pomona, said a rival union tried to persuade her to abandon her longtime local. "They should be organizing workers who don't have a union, not harassing us," Padron said.
Source: L.A. Times - Business | 9 Nov 2009 | 1:00 am UCLA conference spotlights firms' eco-friendly conceptsStart-ups and Fortune 500 companies attend the event hosted by Opportunity Green.Every week, Alex Velez and Nikhil Arora collect 2,000 pounds of used coffee grounds from Peet's Coffee & Tea outlets near their UC Berkeley haunts and take them to a warehouse in Oakland.
Source: L.A. Times - Business | 9 Nov 2009 | 1:00 am CalPERS' image takes a hitShrinking assets and the taint of ties to so-called placement agents threaten to erode the California Public Employees' Retirement System's reputation as a leader among public pension funds.For much of the last decade the California Public Employees' Retirement System cultivated the image of a cutting-edge pension fund -- pouring billions of dollars into potentially lucrative but high-risk investments, hounding companies to rein in executive pay and championing financial security for government workers.
Source: L.A. Times - Business | 9 Nov 2009 | 1:00 am Unite Here, Workers United in heated dispute over membersClaims of member-raiding attempts between the unions include leafleting, home visits and, court documents say, 'coercive interrogation techniques.' ...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:00 am The week ahead, at a glanceAt a glance TODAY Quarterly earnings reports due from Electronic Arts, Live Nation and Ticketmaster Entertainment.
Source: L.A. Times - Business | 9 Nov 2009 | 1:00 am Retailers' quarterly data will be scrutinized for economic insightWall Street is eager to learn whether earnings rose because of higher sales, not cost-cutting measures, and whether consumers are more willing to spend, especially as the holiday season approaches.Investors will get some guidance about the economy this week from data issued not by the government but by big retailers in the form of third-quarter earnings reports.
Source: L.A. Times - Business | 9 Nov 2009 | 1:00 am Northrop Grumman to sell government advisory business for $1.65 billionThe defense contractor is unloading TASC to comply with a new conflict-of-interest law, which regulates firms that advise the government on weapons systems while also building them.Defense contractor Northrop Grumman Corp. on Sunday agreed to sell its government advisory business for $1.65 billion to a group of private equity investors led by General Atlantic and Kohlberg Kravis Roberts & Co.
Source: L.A. Times - Business | 9 Nov 2009 | 1:00 am UCLA conference spotlights firms' eco-friendly conceptsStart-ups and Fortune 500 companies attend the event hosted by Opportunity Green. Every week, Alex Velez and Nikhil...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:00 am 'Carol' opens at No. 1, but 'Precious' hits a high noteThe Jim Carrey movie gets off to a slow start, bringing in $31 million, while the film-festival favorite sets a record. ...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:00 am Retailers' quarterly data will be scrutinized for economic insightWall Street is eager to learn whether earnings rose because of higher sales, not cost-cutting measures, and whether consumers are more willing to spend, especially as the holiday season approaches. ...Source: RSS feed - channel BNPaperBusiness | 9 Nov 2009 | 1:00 am Anglo American hires Sir Philip Hampton to boardAnglo American today hired Sir Philip Hampton, the chairman of Royal Bank of Scotland (RBS), to its board in the first of a series of moves to strengthen the mining giant’s management. Source: Latest Business News from Times Online | 9 Nov 2009 | 12:50 am Peter Brimelow: Short-term respect for rally, despite fearsStocks end their losing streak and the first up week in three has the Dow back above 10,000. It’s impressed some strong letters, sort of.
Source: MarketWatch.com - Top Stories | 9 Nov 2009 | 12:09 am NZ stocks start week little changedThe New Zealand sharemarket ended virtually flat today even though there was positive news for the agriculture sector in the form of a raised Fonterra forecast payout.The benchmark NZSX-50 index closed up 4.902 points, or 0.155...Source: nzherald.co.nz - Business | 8 Nov 2009 | 11:24 pm Oil jumps $1 to above $78 on hurricane fears, dollarPERTH (Reuters) - Oil rose more than $1 to above $78 a barrel on Monday, recouping some of the previous session's near 3 percent loss, on fears a powerful hurricane would cut U.S. oil and gas supplies and also lifted by the falling dollar.Source: Reuters: Business News | 8 Nov 2009 | 11:14 pm Kraft set to formalize hostile Cadbury bid: sourcesPHILADELPHIA (Reuters) - Kraft Foods Inc is expected to formalize on Monday a hostile takeover bid for Britain's Cadbury Plc valued at roughly 10.2 billion pounds ($16.7 billion), sources familiar with the situation said on Sunday.Source: Reuters: Business News | 8 Nov 2009 | 11:03 pm Kraft set to formalize hostile Cadbury bid: sources (Reuters)
Source: Yahoo! News: Business | 8 Nov 2009 | 11:03 pm GE, Comcast agree on NBC Universal valuation: sourceNEW YORK (Reuters) - General Electric Co. and Comcast Corp have agreed on a valuation of around $30 billion for a joint venture between NBC Universal and Comcast, ironing out what has been a key obstacle in talks so far, a source familiar with the matter said on Sunday.Source: Reuters: Business News | 8 Nov 2009 | 10:35 pm GE, Comcast agree on NBC Universal valuation: source (Reuters)Reuters - General Electric Co. and Comcast Corp have agreed on a valuation of around $30 billion for a joint venture between NBC Universal and Comcast, ironing out what has been a key obstacle in talks so far, a source familiar with the matter said on Sunday.Source: Yahoo! News: Business | 8 Nov 2009 | 10:35 pm Dollar rises on Fonterra payoutThe New Zealand dollar rose after dairy co-operative Fonterra increased its forecast payout to farmers to $6.05 per kilogram of milksolids, from the $5.10 announced in September.The NZ dollar rose as high as US73.63c, its highest...Source: nzherald.co.nz - Business | 8 Nov 2009 | 10:29 pm Advanta files for bankruptcy protection (Reuters)Reuters - Advanta Corp , a small business credit card lender in the United States, said on Sunday it filed for bankruptcy protection after the economic crisis over the last two years devastated its small business customers.Source: Yahoo! News: Business | 8 Nov 2009 | 10:25 pm Advanta files for bankruptcy protectionNEW YORK (Reuters) - Advanta Corp , a small business credit card lender in the United States, said on Sunday it filed for bankruptcy protection after the economic crisis over the last two years devastated its small business customers.Source: Reuters: Business News | 8 Nov 2009 | 10:25 pm Morgan Stanley looks to sell China investment bank stakeBEIJING (Reuters) - Morgan Stanley is seeking a buyer for its 34 percent stake in investment bank China International Capital Corp, Wei Sun Christianson, the U.S. bank's China chief executive, said on Monday.Source: Reuters: Business News | 8 Nov 2009 | 9:59 pm Unleash your Wi-Fi with MiFi™.
With MiFi™, you become an instant hotspot. One compact and lightweight MiFi card becomes a portable, wireless Wi-Fi hotspot allowing you to share your Mobile Broadband connection with up to five Wi-Fi enabled devices at the same time. It's an easy way to connect on America's Largest and Most Reliable 3G Network. 
 Source: Dealbreaker | 8 Nov 2009 | 8:12 pm Hallensteins acting CEO steps downHallenstein Glasson chief executive Roy Dillon is to step down from the position at the clothing retailer on March 31.Dillon was appointed acting chief executive in October 2008, with the specific task of steering the company...Source: nzherald.co.nz - Business | 8 Nov 2009 | 8:00 pm Bad credit card debts 'will soar'Bad credit card debts may reach as much as 9% of all outstanding balances by end the of next year, an accountancy firm says.Source: BBC News | Business | World Edition | 8 Nov 2009 | 7:35 pm Small firms 'surviving' recessionA study shows almost half of small businesses have maintained profitability, refuting criticism by Lord Sugar.Source: BBC News | Business | World Edition | 8 Nov 2009 | 7:18 pm Sprint Nextel to invest more in Clearwire: reportNEW YORK (Reuters) - Sprint Nextel Corp . is preparing to pump at least $1 billion more into Clearwire Corp., the Wall Street Journal reported on Sunday, citing two people familiar with the matter.Source: Reuters: Business News | 8 Nov 2009 | 6:46 pm BioVittoria seeks to raise $20 millionBioVittoria Ltd has launched an initial public offer (IPO) of shares which will trade on the NZX.The Hamilton-based natural sweetener manufacturer is selling 20 million shares at $1 each.McDouall Stuart Securities Ltd is lead...Source: nzherald.co.nz - Business | 8 Nov 2009 | 6:30 pm ASB says conditions tough, ups deposit ratesASB performed well in the first quarter but operating conditions remain difficult in New Zealand, parent Commonwealth Bank of Australia (CBA) said today.CBA today reported cash earnings for the September quarter of A$1.4 billion...Source: nzherald.co.nz - Business | 8 Nov 2009 | 5:45 pm Cedenco Foods in receivershipANZ National Bank has put receivers into food processor Cedenco Foods.Announcing the move today, ANZ National said it had committed seasonal funding to the receivers to allow Cedenco to continue to trade.ANZ National recognised...Source: nzherald.co.nz - Business | 8 Nov 2009 | 5:30 pm Northrop Grumman sells unit in $1.7 billion dealRead full story for latest details.Source: Business and financial news - CNNMoney.com | 8 Nov 2009 | 5:08 pm Brokers unite over claims of banks bullying their clientsThree of the City’s leading stockbrokers have written to Lord Myners, the City Minister, accusing Royal Bank of Scotland and Lloyds Banking Group of “corporate bullying” by forcing companies that owe money to the banks to use their investment banking services. Source: Latest Business News from Times Online | 8 Nov 2009 | 5:01 pm Kraft ready to go hostile with bid for Cadbury as deadline loomsKraft, the American food company, is poised to initiate a hostile takeover bid for Cadbury today at or slightly above the offer it made in September, which valued the British confectioner at £10.2 billion, according to a person familiar with the deal. Source: Latest Business News from Times Online | 8 Nov 2009 | 5:01 pm General Motors' executives fly in to settle Vauxhall’s way forwardSenior executives from General Motors will come to London this week to present their detailed business plan for the future of Vauxhall. Source: Latest Business News from Times Online | 8 Nov 2009 | 5:01 pm USwitch looks cheap by comparison with previous price as sale approachesUSwitch, the price comparison website, is close to a sale, but the price tag is thought to be less than half the £210 million that its owner paid for it three years ago. Source: Latest Business News from Times Online | 8 Nov 2009 | 5:01 pm Flawed theories that have brought disastrous resultsLast month’s creation of the Institute for New Economic Thinking should provoke some serious soul-searching among professional economists, as well as the policymakers and financiers who have relied on their models. Source: Latest Business News from Times Online | 8 Nov 2009 | 5:01 pm Gordon Brown backtracks on bank tax after US is unwilling to support itGordon Brown appeared to step back from a G20 declaration to introduce a bank tax after Downing Street insisted that he was merely trying to open a debate on raising new money from the City. Source: Latest Business News from Times Online | 8 Nov 2009 | 5:01 pm Outlook for jobs will remain grim ‘for several years’Job losses will continue this quarter, but at the slowest pace since the beginning of the recession, according to figures from the Chartered Institute of Personnel and Development (CIPD) and KPMG, the financial services firm. Source: Latest Business News from Times Online | 8 Nov 2009 | 5:01 pm Free market flawed, says surveyA BBC World Service poll on the 20th anniversary of the fall of the Berlin Wall finds global dissatisfaction with capitalism.Source: BBC News | Business | World Edition | 8 Nov 2009 | 5:00 pm Fonterra payout 'may go on debt servicing'Federated Farmers have warned that today's higher Fonterra payout, while being a positive lift for the dairy industry, won't be any silver bullet for the entire rural economy.And it also doesn't guarantee any heightened interest...Source: nzherald.co.nz - Business | 8 Nov 2009 | 5:00 pm Northrop agrees TASC saleThe deal for the advisory services division of the US defence contractor is the latest sign of life in leveraged buy-outs by private equity groupsSource: Financial Times - US homepage | 8 Nov 2009 | 4:39 pm Empty MySpace office blow for News CorpThe media group is paying more than $1m a month to rent an empty office complex in Los Angeles since scrapping an ambitious plan to house its digital businesses thereSource: Financial Times - US homepage | 8 Nov 2009 | 4:28 pm NZX suspends Windflow sharesShares in wind turbine company Windflow Technology have been suspended from trading on the New Zealand stock exchange.Market operator NZX today said the action was taken after Windflow failed to provide its annual report for the...Source: nzherald.co.nz - Business | 8 Nov 2009 | 4:20 pm Credit card rates set to riseNew report warns that card providers will have to raise their interest rates and introduce annual fees.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Nov 2009 | 4:09 pm Australians face 'most expensive groceries in the world'Supermarket giants Coles and Woolworths are being blamed for Australians paying the fastest growing prices for groceries in the world.According to new OECD price data, food prices in Australia have increased 41.3 per cent since...Source: nzherald.co.nz - Business | 8 Nov 2009 | 4:00 pm Moderate start to week on NZXIn the first few minutes of trading for the week, Fletcher Building shares lifted further above the two-month low of $7.86 reached on Thursday.After gaining 9c on Friday, Fletcher Building shares were up another 5c to $8.00 a...Source: nzherald.co.nz - Business | 8 Nov 2009 | 3:45 pm Axa insurance prepares launch of £1.8bn rights issueInsurance giant Axa Group is readying a €2bn £1.8bn rights issue that could be launched as early as Monday.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Nov 2009 | 3:39 pm WalMart 'sells' Asda for £6.9bn in group restructuringWalMart has sold Asda for £6.9bn to a Leedsbased investment vehicle called Corinth Services Limited which is also owned by the US giant.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Nov 2009 | 3:32 pm Gas prices edge higherGas prices are up slightly from two weeks ago -- despite a decline in the price of oil, according to a survey published Sunday.Source: Business and financial news - CNNMoney.com | 8 Nov 2009 | 3:03 pm Markets’ inflation readings edge upwardsMarket expectations for inflation in the US and UK have reached their highest levels since late last year amid growing investor demand for government securities that offer protection from rising pricesSource: Financial Times - US homepage | 8 Nov 2009 | 2:44 pm The great natural gas conundrumNebulous drifting volatile: all good ways to describe both natural gas and the conflicted outlook for the commodity among industry experts at the moment.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Nov 2009 | 2:38 pm Investors look to consumer for clues to recovery (AP)AP - Investors will get some guidance about the economy this week from data issued not by the government, but by big retailers in the form of third-quarter earnings reports.Source: Yahoo! News: Stock Markets News | 8 Nov 2009 | 2:11 pm Barclays to publish its 'best ever' profitsBarclays will spark fresh controversy over pay and bonuses when it unveils bumper results that show it is on track to generate its biggest yearly profits.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Nov 2009 | 1:31 pm Banks may face 'supertax' on all their assetsBritish banks could face a "supertax" on their balance sheets to fund future bailouts under plans being investigated by the Conservatives and the IMF.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Nov 2009 | 1:29 pm Kraft recruits banks in hostile bid for CadburyMore than 10 banks have been marshalled to provide the firepower for Kraft's £10.2bn hostile bid for Cadbury.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 8 Nov 2009 | 1:27 pm Health reformers prepare for Senate hurdlePassage through the House is only the first step. A much tougher test lies ahead, writes Edward LuceSource: Financial Times - US homepage | 8 Nov 2009 | 1:19 pm US companies beat quarterly earnings forecastsIn spite ofthe surprising results, profits are continuing to rise faster than revenues, which has caused concern that Wall Street could be heading for a double-dip recessionSource: Financial Times - US homepage | 8 Nov 2009 | 1:12 pm Opel unions see autonomy as condition to talksFRANKFURT (Reuters) - Opel's top German labor leader said on Sunday he was willing to hold negotiations over a restructuring of the European carmaker under its parent General Motors so long as it gains greater independence.Source: Reuters: Business News | 8 Nov 2009 | 12:48 pm Opel unions see autonomy as condition to talks (Reuters)
Source: Yahoo! News: Business | 8 Nov 2009 | 12:48 pm Fears as price of long-dated oil soarsThe furthest forward oil contract traded on exchanges – the December 2017 futures – has risen $99.97 a barrel for the Brent benchmarkSource: Financial Times - US homepage | 8 Nov 2009 | 12:26 pm UK change of heart on banking tax planBritish prime minister Gordon Brown rapidly backpedalled from his proposal for a financial transactions tax after a chorus of criticism of his plan set out in a speech to a meeting of global finance ministersSource: Financial Times - US homepage | 8 Nov 2009 | 12:20 pm Robot hamsters hottest toys this ChristmasDemand for the Go Go Pets is so high that Toys R Us has not advertised the items in its Christmas catalogue, and they only spend about a minute on the shelf before being snapped upSource: Financial Times - US homepage | 8 Nov 2009 | 12:09 pm China hopes U.S. keeps deficit to appropriate sizeSHARM EL-SHEIKH, Egypt (Reuters) - China hopes that the United States will keep its deficit to an appropriate size to ensure basic stability in the U.S. dollar exchange rate, Chinese Premier Wen Jiabao said on Sunday.Source: Reuters: Business News | 8 Nov 2009 | 11:49 am Cadbury awaits latest Kraft moveUK confectioner Cadbury will soon find out if it will be the target of a hostile bid by would-be US suitor Kraft Foods.Source: BBC News | Business | World Edition | 8 Nov 2009 | 11:12 am Gas rocksNew technology makes it easier to find natural gasSource: BBC News | Business | World Edition | 8 Nov 2009 | 10:43 am Stocks eye retailers as jobless ranks grow (Reuters)
Source: Yahoo! News: Stock Markets News | 8 Nov 2009 | 9:30 am Stocks eye retailers as jobless ranks grow (Reuters)
Source: Yahoo! News: Business | 8 Nov 2009 | 9:30 am Stocks eye retailers as jobless ranks growNEW YORK (Reuters) - As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.Source: Reuters: Business News | 8 Nov 2009 | 9:30 am Top 10 Earnings on Deck This Week (ERTS, ENER, PCLN, SQNM, TYC, AMAT, M, JWN, WMT, DIS)Earnings season has been winding down now with over 85% of the S&P 500 Index having reported. Still, there are some key companies posting their quarterly results and some companies were screened out of this list which are still actively traded or widely held stocks. Electronic Arts Inc. (NASDAQ: ERTS), Energy Conversion Devices, Inc. (NASDAQ: [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 8 Nov 2009 | 8:26 am GM To Axe Jobs At OpelGM executive and Bob Lutz, who has been a senior executive in the car industry longer than any man alive, will become the new chairman of Opel. GM has decided to keep ownership of Opel and British car company Vauxhall after months of negotiations to sell them. Lutz told Swiss Sonntag newspaper that he is likely to [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 8 Nov 2009 | 6:00 am
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