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Candy Spelling stands firm on $150-million asking priceThe widow of TV producer Aaron Spelling can afford to be patient for someone to make an offer on her 56,500-square-foot Holmby Hills mansion.Eight months ago when Candy Spelling, widow of legendary TV producer Aaron Spelling, put her 4.7-acre estate in Holmby Hills up for sale, the $150-million listing price raised more than a few eyebrows.
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am Complaints against airlines fall sharplyCritics say it does not reflect better service but rather the frustration of passengers so fed up they're not filing complaints. Congress is pushed to adopt a passenger bill of rights. ...Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am Comcast plan to take control of NBC Universal hits snagGeneral Electric and Vivendi, NBC's current owners, are sparring over the value of the company, people close to the negotiations say.Comcast Corp.'s plan to take control of NBC Universal has encountered a roadblock.
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am Growth of counterfeit drugs sparks international responseAuthorities in the U.S. and across the globe conduct raids this week to intercept fake medications. In highly...Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am Complaints against airlines fall sharplyCritics say it does not reflect better service but rather the frustration of passengers so fed up they're not filing complaints. Congress is pushed to adopt a passenger bill of rights.After hearing Jim Engle of Sierra Madre talk about the headaches he and his wife endured on a round trip from Burbank to Detroit on American Airlines in the summer, you might be surprised to hear that the country's airlines continue to get great marks in customer service.
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am Growth of counterfeit drugs sparks international responseAuthorities in the U.S. and across the globe conduct raids this week to intercept fake medications.In highly orchestrated raids around the world this week, Interpol officers in Europe, drug agents in the United States and task forces from Sweden to Singapore confiscated counterfeit prescription drugs in an attempt to stem a rapidly growing criminal business that preys on financially pressed consumers looking for bargains.
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am Afternoons without OprahWho will fill the void, and who will watch, when the queen of daytime TV departs for cable in 2011?Oprah Winfrey told her audience Friday that she had made up her mind to end her hit daytime talk show in September 2011 "after much prayer and months of careful thought."
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am 'New Moon' eclipsing two box-office recordsThe latest vampire installment rakes in $26.3 million in midnight ticket sales and is set to make more than $70 million in single-day sales. But sales are expected to drop off over the weekend. ...Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am Electric-car maker Tesla said to be planning stock offeringThe California firm reportedly is filing for an IPO soon. Some analysts wonder how much interest it would spark among investors, given the implosion of shares of ethanol producers.Will investors get charged up over a stock offering by California electric-car maker Tesla Motors Inc.?
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am Candy Spelling stands firm on $150-million asking priceThe widow of TV producer Aaron Spelling can afford to be patient for someone to make an offer on her 56,500-square-foot Holmby Hills mansion. ...Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am California gains jobs, but unemployment still rises to 12.5%More seek work amid hopes that companies are finally hiring again. Meanwhile, prospects for job growth in key industries, such as construction and manufacturing, remain weak.California employers added workers to their payrolls in October for the first time in more than a year, but the state's unemployment rate ticked higher as more job seekers entered the labor pool amid hopes that companies are finally hiring again.
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am Happy feat in strappy heelsOn a dare, an entertainment reporter steps into the shoes (and sultry zebra dress) of a 'Dancing With the Stars' contestant. In a grueling test of stamina and nerves, she discovers her inner shimmy.Eight hours of practice and an utter lack of common sense have brought me here, poised to descend 19 steep steps to the ballroom floor of "Dancing With the Stars."
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am Sinking short-term Treasury yields aren't a sign of panic this timeUnlike a year ago, demand stems from moves by banks and other financial institutions to bolster their balance sheets with liquid assets as the year ends, an expert says. ...Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am In a low-rate world, here's how savers can help themselvesYou'd think that $10 trillion would merit a little more respect.
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am California gains jobs, but unemployment still rises to 12.5%More seek work amid hopes that companies are finally hiring again. Meanwhile, prospects for job growth in key industries, such as construction and manufacturing, remain weak. ...Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am Electric-car maker Tesla said to be planning stock offeringThe California firm reportedly is filing for an IPO soon. Some analysts wonder how much interest it would spark among investors, given the implosion of shares of ethanol producers. ...Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am Afternoons without OprahWho will fill the void, and who will watch, when the queen of daytime TV departs for cable in 2011? Oprah Winfrey...Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am Comcast plan to take control of NBC Universal hits snagGeneral Electric and Vivendi, NBC's current owners, are sparring over the value of the company, people close to the negotiations say. ...Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am In a low-rate world, here's how savers can help themselvesYou'd think that $10 trillion would merit a little more respect.Source: RSS feed - channel BNPaperBusiness | 21 Nov 2009 | 1:00 am 'New Moon' eclipsing two box-office recordsThe latest vampire installment rakes in $26.3 million in midnight ticket sales and is set to make more than $70 million in single-day sales. But sales are expected to drop off over the weekend."The Twilight Saga: New Moon" was on course to break two box-office records in one day.
Source: L.A. Times - Business | 21 Nov 2009 | 1:00 am Shell in talks to by 10 pct of Essar Oil-reportMUMBAI, Nov 21 (Reuters) - Royal Dutch Shell is in talks to buy 10 percent of India's Essar Oil as part of a deal where it would sell three European refineries to the Indian firm, the Economic Times...Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 11:36 pm Stocks to Watch: Stocks in focus for MondayAmong the shares expected to see active trade in Monday's session are Hewlett-Packard, Analog Devices, Brocade and Tyson.
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 10:01 pm Bank of America CEO Lewis may delay retiring: reportNEW YORK (Reuters) - Bank of America Corp Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the...Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 9:33 pm Bank of America CEO Lewis may delay retiring: report (Reuters)Reuters - Bank of America Corp Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, the Wall Street Journal reported on Friday.Source: Yahoo! News: Business | 20 Nov 2009 | 9:33 pm Bank of America CEO Lewis may delay retiring: reportNEW YORK (Reuters) - Bank of America Corp Chief Executive Kenneth Lewis has said he would consider postponing his retirement if directors need more time to find a successor or smooth the transition to the next CEO, the Wall Street Journal reported on Friday.Source: Reuters: Business News | 20 Nov 2009 | 9:33 pm Delta says SkyTeam could invest more in JAL: reportNEW YORK (Reuters) - The chief executive of Delta Air Lines Inc says the SkyTeam alliance of global carriers would be willing to invest more than its proposed $1.02 billion in Japan Airlines , the Wall Street Journal reported.Source: Reuters: Business News | 20 Nov 2009 | 9:13 pm Delta says SkyTeam could invest more in JAL: reportNEW YORK (Reuters) - The chief executive of Delta Air Lines Inc says the SkyTeam alliance of global carriers would be willing to invest more than its proposed $1.02 billion in Japan...Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 9:13 pm Time Warner, News Corp reported interested in MGMNEW YORK (Reuters) - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News...Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 9:03 pm Time Warner, News Corp reported interested in MGM (Reuters)Reuters - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.Source: Yahoo! News: Business | 20 Nov 2009 | 9:03 pm Time Warner, News Corp reported interested in MGMNEW YORK (Reuters) - News Corp, Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported on Friday.Source: Reuters: Business News | 20 Nov 2009 | 9:03 pm Time Warner, News Corp reported interested in MGMNEW YORK, Nov 20 (Reuters) - News Corp , Time Warner Inc and Qualia Capital LLC are interested in buying Hollywood's Metro-Goldwyn-Mayer film studio, home of the James Bond movies, Bloomberg News reported...Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 9:00 pm GE-Vivendi talks over NBC Universal stalled: report (Reuters)
Source: Yahoo! News: Business | 20 Nov 2009 | 8:38 pm GE-Vivendi talks over NBC Universal stalled: reportNEW YORK (Reuters) - Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night.Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 8:38 pm GE-Vivendi talks over NBC Universal stalled: reportNEW YORK (Reuters) - Talks between General Electric and Vivendi over the future of NBC Universal have stalled, the New York Times reported on Friday night.Source: Reuters: Business News | 20 Nov 2009 | 8:38 pm Philly transit union ratifies labor pactA labor agreement for Philadelphia transit workers has been ratified overwhelmingly by union members. Transport Workers Union Local 234 spokesman Bob Wolper said Friday night that 2,806...Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 8:03 pm New Tri Tax President and CEO Frank Montano Brings Years of Corporate Leadership to Booming CompanyImpressive credentials include executive positions with McDonalds, Marriott SAN PEDRO, Calif., Nov. 20 /PRNewswire/ -- In an effort to help the company manage its...Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 7:24 pm Stocks could sputter with Black Friday eyedNEW YORK (Reuters) - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still...Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 7:14 pm Stocks could sputter with Black Friday eyedNEW YORK (Reuters) - U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.Source: Reuters: Business News | 20 Nov 2009 | 7:14 pm Stocks could sputter with Black Friday eyed (Reuters)
Source: Yahoo! News: Stock Markets News | 20 Nov 2009 | 7:14 pm Stocks could sputter with Black Friday eyed (Reuters)
Source: Yahoo! News: Business | 20 Nov 2009 | 7:14 pm UPDATE 3-Ad agency Cossette favors Mill Road takeover* Takeover battle has raged since July (Recasts, adds Cosmos comment)Source: RSS feed - channel BNewsBusiness | 20 Nov 2009 | 7:06 pm Weekend Investor: What investors need to know as IPO market reheatsThe market for initial public offerings is thawing, but retail investors shouldn't expect to find access to this notoriously exclusive market any easier -- though a few back doors are open for those who know where to look.
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 7:01 pm Taxing Times: Some tax deductions are no sure betYou’d think the legality of a thing -- online gambling, say -- would be black or white. It’s either legal or it’s not, right?
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 6:48 pm Hershey weighs $17bn bid for CadburyThe charitable trust that controls Hershey has encouraged the US confectioner’s management to pursue a $17bn bid for Cadbury, topping Kraft Foods’ hostile $16.2bn offerSource: Financial Times - US homepage | 20 Nov 2009 | 5:24 pm Hershey mulls $17 billion solo bid for Cadbury: sourcePHILADELPHIA (Reuters) - U.S. chocolate maker Hershey Co is considering launching a bid of at least $17 billion for British chocolatier Cadbury Plc as it seeks to trump a hostile offer by Kraft Foods Inc, a source familiar with the matter said on Friday.Source: Reuters: Business News | 20 Nov 2009 | 5:17 pm Bogus callers in council tax scamBogus callers posing as council staff are luring homeowners into a council tax scam, say council leaders.Source: BBC News | Business | World Edition | 20 Nov 2009 | 5:14 pm A personal bailout party, L.A. styleSenior Editor Paddy Hirsch talks with Tess Vigeland about bailing out a friend who has defaulted on her mortgage, with help from L.A.'s entertainment industry.Source: Marketplace Money | 20 Nov 2009 | 5:12 pm Hershey mulls $17 billion solo bid for Cadbury: source (Reuters)
Source: Yahoo! News: Business | 20 Nov 2009 | 5:09 pm Banks 'are charging sneaky fees'Banks are still finding "sneaky ways" to make money out of people, says the consumers' association Which?.Source: BBC News | Business | World Edition | 20 Nov 2009 | 5:02 pm Hershey 'mulls $17bn Cadbury bid'US chocolate maker Hershey considers launching a solo bid of at least $17bn (£10bn) for UK firm Cadbury, reports say.Source: BBC News | Business | World Edition | 20 Nov 2009 | 5:02 pm Homeward boundWhy many Nigerian entrepreneurs are returning homeSource: BBC News | Business | World Edition | 20 Nov 2009 | 5:01 pm Hershey lines up 17bn solo bid for CadburyThe charitable trust which controls Hershey is pushing the confectioner to make a bid for Cadbury aimed at usurping Kraft's £9.9bn offer.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 5:01 pm National Savings & Investments pulls leading bonds after private-sector rivals cry foulOne of the Britain’s most generous savings products has been pulled abruptly from the market by the state-run National Savings & Investments (NS&I) after only 24 days amid complaints from rival banks and building societies. Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm Marks & Spencer will be no bed of roses after years keeping families happy in the boardroomSome believe that the Dutch are the Europeans who most resemble the British in outlook and attitudes, which might explain the longevity of Anglo-Dutch business alliances such as Royal Dutch Shell and Unilever. Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm SHL's David Leigh gives nothing away, but can read you like a bookPoker is all about keeping your cards close to your chest and giving away as little as possible,” David Leigh says. “By not revealing what you have in your hand, you force your opponents to make decisions based on incomplete information, which puts them at a disadvantage.” Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm Opec wants compensation if climate deal cuts oil useThe chief of the Opec oil cartel said that oil-producing countries should be compensated for lost revenues if UN climate talks in Copenhagen next month reach a deal that cuts the use of oil. Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm Disney closes popular parenting sitesDisney has abruptly shut down two popular parenting websites less than 18 months after acquiring them. Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm Forget the squelch of Glastonbury and have a Massive Attack in the sunIt is Glastonbury Mediterranean-style, without the rain or the mud, and every year thousands of Britons flock to a tiny town near Valencia to watch bands such as Kraftwerk and Oasis and to top up their tans. Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm New lease of life for London flotationsThe appetite for flotations on the London Stock Exchange is ready to spring back to life with a clutch of companies worth a combined $10 billion ($£6 billion) planning to list their shares. Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm Marks & Spencer bringing back fresh food countersAfter half a century, Marks & Spencer has reintroduced fresh-food counters, with butchers and fishmongers, marking its fightback against Waitrose, its resurgent premium rival. Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm Ministers and bank divided as Japan faces prospect of return to deflationThe Bank of Japan and the Japanese Finance Ministry have embarked on a bizarre public row over the threat of deflation and whether the country’s economy is poised for a recovery or slump. Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm Lack of M&A business cuts revenue at LinklatersRevenues at Linklaters, Britain’s second-biggest law firm, fell by nearly 10 per cent to £591 million in the six months to October 31, from £653 million in the same period last year. This is despite Linklaters winning big legal work in coping with the downturn. Source: Latest Business News from Times Online | 20 Nov 2009 | 5:01 pm TaxWatch: Can you deduct online-gambling losses? MaybeA new federal law -- the Unlawful Internet Gambling Enforcement Act -- is slated to go into effect on Dec. 1. But it's still not entirely clear whether online gambling is illegal, or whether you can deduct losses from that activity.
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 4:56 pm Washington Calendar: Washington events for Nov. 23-27A look at the key economic reports and news events in Washington during the week.
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 4:39 pm Canadian Markets: Canada stocks narrow losses; greenback's off highsCanadian stocks fall, but narrow losses as the U.S. dollar reduces its earlier gains, giving materials shares and prices room to dig out of deeper deficits.
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 4:31 pm Barnier set to win EU financial roleMichel Barnier, former French foreign minister, is set to be put in charge of the EU’s single market, in a contentious move that followed a night of political horse-trading over top jobs in BrusselsSource: Financial Times - US homepage | 20 Nov 2009 | 4:30 pm Latin American Markets: Mexico stocks lower; economy shows signs of lifeThe goverment report on how the economy fared during the third quarter comes investors take gains off the table in the wake of recent highs.
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 4:28 pm Nasdaq notifies Overstock it violated listing rule (AP)AP - Overstock.com Inc. said Friday that it received a listing rule violation letter Thursday from the Nasdaq Stock Market related to the recent filing of its third-quarter report.Source: Yahoo! News: Stock Markets News | 20 Nov 2009 | 4:22 pm Stocks fall for 3rd day as dollar strengthens (AP)
Source: Yahoo! News: Stock Markets News | 20 Nov 2009 | 4:19 pm Wall Street: Mixed week ends on a low noteStocks fell Friday, capping a mostly down week, as investors remained jittery about the economy and the outlook for the technology sector.Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 4:16 pm How the major stock indexes fared on Friday (AP)AP - Stocks fell for a third straight day Friday as a disappointing outlook from computer maker Dell Inc. suggested that an economic recovery could be uneven.Source: Yahoo! News: Stock Markets News | 20 Nov 2009 | 4:08 pm New Hampshire AG seeks bankruptcy for mortgage co. (AP)AP - The New Hampshire attorney general's office wants to force a mortgage company that closed suddenly into bankruptcy.Source: Yahoo! News: Business | 20 Nov 2009 | 3:59 pm MarketWatch First Take: Dismantling the U.S. refining sectorFor the second time in less than a month, a major U.S. independent refiner announced it is shuttering a plant. Whatever happened to the impassioned call for more domestic refineries?
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 3:50 pm Democrats seek to nail down votes for health billSenate Democratic leaders are trying to corral as much support as possible for a key health-care vote scheduled for Saturday night, aiming for commitments from 60 senators.
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 3:47 pm Arrests made in €10m match-fixing probePolice and sport officials have dismantled a criminal ring suspected of unprecedented match-fixing and betting in European professional footballSource: Financial Times - US homepage | 20 Nov 2009 | 3:39 pm Oil prices, profit-taking drag TSX lower (Reuters)Reuters - Toronto's main stock index fell on Friday as weaker oil prices, caused partly by a stronger U.S. dollar, weighed on resource issues, including Suncor Energy Inc.Source: Yahoo! News: Stock Markets News | 20 Nov 2009 | 3:39 pm Top Ten: MarketWatch's top stories of the week, Nov. 16-20Most U.S. stocks ended the week with losses, but the Dow Jones Industrial Average notched a small rise for the period thanks to gains on Friday in health care stocks and consumer-related shares. Tech shares were the biggest losers on the week.
Source: MarketWatch.com - Top Stories | 20 Nov 2009 | 3:38 pm Write-Offs: 11.20.09$$$ Morgan Stanley's $9,000,000,000.00 Check. [Andrew Ross Sorkin] $$$ The Media Is Wrong About Goldman Sachs, AIG [The Atlantic] $$$ Steel Wins Dismissal Of Icahn Bid To Block Restructuring [FINalternatives] $$$ Felix Salmon and Henry Blodget Have a Fight, Make Up [Daily Intel] 
 Source: Dealbreaker | 20 Nov 2009 | 3:22 pm Barnes & Noble Nook E-Reader Will Arrive After Christmas (NewsFactor)NewsFactor - In what may remind many consumers of the Amazon Kindle's early days, Barnes & Noble expects shipments of its nook e-book reader to be delayed. On Friday, the giant book retailer said it has sold out its first batch of nooks amid high demand -- and new shipments won't be available until after the holiday shopping season ends.Source: Yahoo! News: Business | 20 Nov 2009 | 3:21 pm Doll’s Investments, Medical Devices, Growth Stocks: AudioSource: Bloomberg - All Podcasts | 20 Nov 2009 | 3:19 pm Black Friday deals may not signal retail comebackCHICAGO (Reuters) - When the U.S. holiday shopping season kicks off on the day after Thanksgiving, retailers can expect to see millions of less frightened but even more bargain hungry customers cross their thresholds.Source: Reuters: Business News | 20 Nov 2009 | 3:13 pm U.S. Q3 seen revised down on widening trade deficitWASHINGTON (Reuters) - The U.S. economy's return to growth in the third quarter was less brisk than previously thought as the trade deficit worsened and companies still aggressively cut inventories, a Reuters survey predicted.Source: Reuters: Business News | 20 Nov 2009 | 3:08 pm Rio's Cloud Peak down in debut, others fare betterNEW YORK (Reuters) - Investors bet on growth in the IPOs of a Chinese hotel chain and an online education company on Friday, but were less enthusiastic about a spin-off of mining giant Rio Tinto.Source: Reuters: Business News | 20 Nov 2009 | 2:57 pm Goldman Employees To Take Out The TrashAlright people. This is it. If the sight of Goldman Sachs employees voluntarily handling garbage doesn't stop the hate, they're going to have to go to DEFCON 1: blow job booth, manned by Blankfein. The Salvation Army plans to serve 10,000 free dinners across the city this Thanksgiving -- meals planned by a star chef, cooked by one of New York's ritziest caterers and cleaned up by employees of one of Wall Street's most vilified financial firms. The number of meals is 10 times as many as last year and come at a time when more and more Americans are struggling to put food on the table.
Source: Dealbreaker | 20 Nov 2009 | 2:52 pm Valero shuts another oil refineryValero Energy announces it is permanently closing its oil refinery in Delaware City, with the loss of 550 jobs.Source: BBC News | Business | World Edition | 20 Nov 2009 | 2:50 pm Paulson's golden investors have to commit $10 millionBOSTON (Reuters) - Investors tempted to put money into star hedge fund manager John Paulson's new gold portfolio will have to commit at least $10 million and leave the money locked up for at least one year, according to a prospectus.Source: Reuters: Business News | 20 Nov 2009 | 2:49 pm Hershey Longs For Cadbury?The trust that controls Hershey has asked the company to make a bid for UK sweets company Cadbury (NYSE:CBY). The Wall Street Journal reports that the offer would be approximately $17 billion which would top the current offer from Kraft (NYSE:KFT) Douglas A. McIntyre Posted in Mergers and Buy Outs Tagged: CBY, KFT[[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 2:46 pm Paris Hilton And Traders4Kids
And if for some reason if you still need more motivation to give (around $26k has been donated so far but we're counting on you to make it more)- we're told Paris Hilton is stopping by the event's after-party and will sign any part of your body if you give. For those not currently in Vegas, Dr J will take the Paris body signature in your name and send you a photo. *Checks can made to: Trader4Kids and sent to: 175 West Jackson Blvd, suite 200 Chicago, IL 60604
Source: Dealbreaker | 20 Nov 2009 | 2:45 pm Stocks dip as investors fret about recovery (Reuters)
Source: Yahoo! News: Stock Markets News | 20 Nov 2009 | 2:32 pm John Goff Is Pinching Himself
OK, OK, thanks $951 million. It was really great to have you take this albatross off my hands a couple of years ago. The timing could not have been better for me. And now, after your outstanding stewardship, I'm pleased to retake the helm at Crescent Real Estate Equities Co. now. Two-and-a-half years sitting by the pool, counting My new partners at Barclays want to thank you as well. They've proven pretty savvy over the last couple of years, but even they couldn't have imagined how well this would turn out for them. After all, they lent you $2 billion to buy a disaster. They never would have guessed they'd get to take over such a valuable real-estate portfolio just as the market begins to turn around.
Source: Dealbreaker | 20 Nov 2009 | 2:31 pm A suburban salesmanThe K1 affair: In detaining Helmut Kiener, German prosecutors have provoked much intrigue over the hedge fund operator with big banks as clients but a history of regulatory run-insSource: Financial Times - US homepage | 20 Nov 2009 | 2:29 pm Blackstone bids to take control of Gala CoralPrivate equity giant Blackstone is gambling on an audacious 11th hour intervention in the debt restructuring at Gala Coral.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 2:24 pm Podcast: Shopping For An MRI (Outside The U.S.)
An MRI in Japan can cost as little as $160. (Mckibillo/Flickr) On today's Planet Money: We continue our search for answers about why MRI prices can differ so greatly. This time we travel from New Haven, Conn. to Japan, where an MRI costs only $160. Why? Well, it's because of the government, the quality of the machines and as we'll hear from neurologist Dr. Michiko Kimura Bruno, because Japanese people really love MRIs. Download the podcast; or subscribe. Music: The Temper Trap's "Fader." Find us: Twitter/ Facebook/ Flickr. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 20 Nov 2009 | 2:23 pm Break Yourself Off A Piece Of Pre-Thanksgiving Shia LaBeouf
So I was getting a haircut after lunch today (York Barbershop, 71st and Lex), and Oliver Stone & co. walked in to inspect the place. According to my barber, they're shooting MNS there, presumably all day, on Tuesday and Wednesday of next week. However, I overheard murmurs that it might be too cramped, in which case the Waldorf barbershop would be a contender. No word on how this affects Shia's helmet hair.
Source: Dealbreaker | 20 Nov 2009 | 2:15 pm 52-Week High Club (DDS, DBRN, SJM, MRK)Dillard’s Inc. (NYSE: DDS) rose as high as over 10% to a yearly high of $15.79 after the department-store chain was upgraded by Deutsche Bank AG. Dress Barn Inc. (NASDAQ: DBRN) rose as high as 9.2% to a yearly his of $22.42 after the women’s clothing retailer announced earnings of $0.37, beating analysts estimates. The J.M. [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 2:11 pm Perfidious perplexing pensionsPensions have rarely been more interesting...Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 2:10 pm Bank of England starts debate on lending surchargesThe Bank of England has formally raised the idea of making banks set aside capital every time they lend money.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 2:06 pm Closing credits roll for OprahA tearful Oprah Winfrey said she had decided ‘after much prayer and months of careful thought’ that the Oprah Winfrey Show would finish in 2011Source: Financial Times - US homepage | 20 Nov 2009 | 2:05 pm How an ex-con landed a jobGregory Headley got himself a job.Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 2:01 pm New questions arise in Pequot trading probe (AP)AP - A new development related to the government's investigation of possible insider trading at a major hedge fund has raised questions in the case and caught the attention of two key senators.Source: Yahoo! News: Stock Markets News | 20 Nov 2009 | 1:57 pm New pens upload your handwritingAs founder and creative director of Art Street Design, a graphic-design studio, I'm pretty familiar with pens and computers. (We make all sorts of marketing materials for companies, from invitations to Web sites.) But in my 13 years of running the company, I hadn't seen anything like a smartpen until recently.Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 1:53 pm Regulators' rainy day policy is damp squibNow for a bit of macroprudential regulation. Sounds painful? It might be.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 1:51 pm Karma for the chameleon as Myners misses out on Gartmore saleYou wonder whichone's had more reincarnations Gartmore the chameleonlike fund manager that gets sold every four years. Or the man who used to run it City Minister Lord Myners.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 1:43 pm Toys R Us to open at midnight on ThanksgivingFor some Black Friday shoppers, a 5 a.m. start just isn't early enough, so Toys R Us has upped the ante.Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 1:40 pm Staff to cash in as Gartmore revives flotation planGartmore the asset manager has resurrected plans for an initial public offering that is expected to value the company at close to £1bn.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 1:30 pm 2010 outlook: Flat is the new upIf 2008 was the year the stock market almost died and 2009 was the year that the market miraculously sprung back to life, then what will 2010 be?Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 1:26 pm Obama healthcare drive faces critical voteBarack Obama faces the next big test of its push for healthcare reform this evening when the Senate meets to decide whether to proceed to a debate on its $848bn draft legislationSource: Financial Times - US homepage | 20 Nov 2009 | 1:25 pm Unusual Friday Options Activity (AAPL, GOOG, BAC, LEAP, PCS, DRYS, YHOO)We have seen some unusual options trading today. As you would expect, some is around today’s 4:00 PM close with today being options expiration date. But some bets are way out into 2011 and we have some around merger rumors. All have links with full details on the options trading analysis at VSInvestor: Apple Inc. (NASDAQ: [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 1:24 pm Another 2000 workers at Threshers and Wine Rack to lose their jobsThere will be further job losses at offlicence chains Threshers and Wine Rack after administrators failed to find buyers for 381 stores.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 1:21 pm Facebook's value rises to 9.5bnSocial networking website Facebook's purported value has increased to 9.5bn £5.8bn.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 1:17 pm Senate tax hike misses the markThe health care bill that faces a crucial test vote in the Senate on Saturday is proof that getting reform passed and getting it right are two very different things.Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 1:17 pm Ohio AG sues credit agencies for public pensions (AP)AP - The three major credit ratings agencies gave mortgage-backed securities unjustifiably high ratings in return for lucrative fees, losing at least $457 million for five Ohio public employee pension and retirement funds, the state's attorney general alleged in a lawsuit filed Friday.Source: Yahoo! News: Business | 20 Nov 2009 | 1:07 pm State lenders 'distort market' says NationwideNationwide Building Society the country's largest mutual has accused the Government of distorting the savings market and damaging private sector lenders.Source: Finance and Business. Latest breaking news stocks and shares from the UK and world | 20 Nov 2009 | 1:02 pm This Week’s LinksBecker-Posner on whether the US will go the way of Japan. Dean Baker on the dollar’s rout (or not). Barry Ritholz on a potential new amendmentthat will create even more zombie banks. SportsBiz is a neat sports business blog that I recently discovered. Kim Grant has some of the best personal branding tips I’ve seen. The article targets writers, but her tips are useful for any entrepreneur with something to pitch.
Source: Business Pundit | 20 Nov 2009 | 1:00 pm Dirty secrets of Black FridayHere's a Black Friday reality check: Of the hordes of pre-dawn shoppers who line up for hours outside stores on the day after Thanksgiving, most will not bag the best bargains that appear in merchants' circulars.Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 12:51 pm Germany warns US on market bubblesGermany’s new finance minister has echoed Chinese warnings about the growing threat of fresh global asset price bubbles, fuelled by low US interest rates and a weak dollarSource: Financial Times - US homepage | 20 Nov 2009 | 12:48 pm Dick Bové: Bank Of America Should Beg Ken Lewis To Stay
This morning when she woke up underneath a pile of empty pints of Ben and Jerry's after crying herself to sleep, she couldn't even summon the strength to get out of bed. But then, something happened. In the other room, she heard Charlie Gasparino's voice on CNBC, which she'd left on the night before. Lewis's name was mentioned and, at first, figuring CG was just going to be talking shit about her man, Bové pulled the covers over her head. Then Chaz started saying something about how the board still hasn't found a replacement and Divé shot out of bed. She ran into the other room wearing only the oversized tee-shirt bearing Lewis's face she'd had made a few years ago. Biting her nails in fear that her ears were playing tricks on her, Mrs. Lewis (someday?) rewound the DVR. It was true! BAC still hasn't come up with an ideal candidate willing to take the job. Feeling like her old self for the first time in a long time, she sat down to write. And write she did. "Mr. Lewis was a key architect in the creation and management of Bank of America. He knows this company better than anyone else and he knows how to operate it," Bove wrote in a research note issued early Friday morning. "At this point in the company's history, this is the type of leader needed. Convincing him to return would be the biggest morale builder that management could get."
Source: Dealbreaker | 20 Nov 2009 | 12:40 pm New asset bubbles may be growingThere's growing concern that the world's central banks are flooding financial institutions with too much cash, setting the stage for another asset-bubble burst. Do banks just need to put on the brakes? Bob Moon reports.Source: Marketplace | 20 Nov 2009 | 12:38 pm Change in cancer-screening guidelinesNew recommendations have been issued for when you should get breast cancer mammograms and cervical-cancer screenings. Nancy Marshall Genzer reports some doctors believe patients need to change their mindsets.Source: Marketplace | 20 Nov 2009 | 12:38 pm Small talk: Rich cow, waffles, marijuanaMarketplace's Brendan Newnam and Rico Gagliano talk with fellow staffers Tess Vigeland, Stacey-Vanek Smith, and Ben Adair about under-the-radar business stories, including a million-dollar cow, a waffle shortage, and marijuana busts.Source: Marketplace | 20 Nov 2009 | 12:38 pm Bill would allow Congress to audit FedA House committee has approved a bill sponsored by Republican Ron Paul to expand congressional oversight of the Federal Reserve. Steve Henn reports.Source: Marketplace | 20 Nov 2009 | 12:38 pm Recession blame shifts to DemsNearly two years into the recession, opinion about which political party is responsible for the severe economic downturn is shifting, according to a new national poll.Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 12:34 pm Moves to mine gem potentialDe Beers and others in the gem industry are exploring how to create a viable market for diamond investmentSource: Financial Times - US homepage | 20 Nov 2009 | 12:33 pm The CEO and the boss broke up. Now what?The news that Los Angeles Dodgers owners Frank and Jamie McCourt are divorcing came with a bitter kick: Team chairman Frank's first move against his soon-to-be-ex was to fire her from her job as the Dodgers' chief executive.Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 12:33 pm U.S. lawmakers urged to drop clearinghouse owner cap (Reuters)Reuters - NYSE Euronext , LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week.Source: Yahoo! News: Stock Markets News | 20 Nov 2009 | 12:08 pm U.S. lawmakers urged to drop clearinghouse owner cap (Reuters)Reuters - NYSE Euronext , LCH.Clearnet, BATS Global Markets and other firms partnered with banks have urged two U.S. legislators to drop a proposed "rigid" cap on dealer ownership of clearinghouses, according to a letter sent this week.Source: Yahoo! News: Business | 20 Nov 2009 | 12:08 pm U.S. green biz seen as risky investmentKevin Parker, global head of asset management for Deutsche Bank, tells host Kai Ryssdal why he is currently steering investors away from American companies developing clean-energy systems and products.Source: Marketplace | 20 Nov 2009 | 12:06 pm Thrift stores find a place in retail spaceRecession-fueled vacancies in commercial retail space have provided the perfect opportunity for thrift shops to broaden their horizons. Gigi Douban reports.Source: Marketplace | 20 Nov 2009 | 11:41 am Beckham's era in L.A. may pay offThe L.A. Galaxy will play in the Major League Soccer championship, marking the team's first appearance since David Beckham arrived in 2007. His tenure hasn't been perfect, but it could have a happy ending. Nancy Farghalli reports.Source: Marketplace | 20 Nov 2009 | 11:41 am Weekly Wrap: Trouble in housing?Fortune Magazine Leigh Gallagher, and Clusterstock.com's John Carney talk with Kai Ryssdal about how much trouble our housing market is still in, and whether calls for Treasury Secretary Geithner's resignation are justified.Source: Marketplace | 20 Nov 2009 | 11:41 am Bank Of America Board To Lock Themselves In A Room Sunday Night And Not Come Out 'Til They Come Up With Someone Willing To Take Over For Ken Lewis, MaybeCharlie Gasparino reports that the Bank of America board "really, really" wants to finally pick someone to take the job of boozing it up at happy hour and then returning to the office and saying "How 'bout we do Merrill this time? That'll be fun." According to Gasparino, BAC is in a rush to get it done because they're "sick of all the controversy surrounding the selection" and also maybe perhaps because Ken Lewis is out of there in like 5 weeks, so it would be nice if they could figure this out before then. A source of Chaz claims they're going to try and do so this Sunday, though given that the board still pretty much as no idea who they want (or who's desperate enough to take the gig) it will likely be a long night. For reasons lost on us, they're still yet to get in touch with John Thain, who remains ready and willing.
Source: Dealbreaker | 20 Nov 2009 | 11:19 am Next Week’s Top 10 Earnings on Deck (HPQ, TSN, CPB, LDK, TECD, BKS, BGP, JCG, DLTR, DE)Earnings season has mostly wound down, but as always there are at least some major companies reporting earnings. Some are actually market-movers as well and it is a short week with earnings out only Monday and Tuesday, with a few on Wednesday. On deck are Hewlett-Packard Company (NYSE: HPQ), Tyson Foods Inc. (NYSE: TSN), Campbell [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 11:19 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 | 20 Nov 2009 | 11:18 am Foreign policy tests Obama-Clinton bondA bond between president and the secretary of state helps when it comes to executing foreign policy. While Mrs Clinton’s relationship with Mr Obama is cordial, one would be hard-pressed to call them buddiesSource: Financial Times - US homepage | 20 Nov 2009 | 11:14 am Rig Count Growth Mostly Positive (BHI, OIH, DIG, USO, OIL)Baker Hughes, Inc. (NYSE: BHI) has released its data on the weekly rig counts and most are up. We are watching the key ETF products react via the Oil Services HOLDRs (NYSE: OIH), the Ultra Oil & Gas ProShares (NYSE: DIG), the United States Oil (NYSE: USO) ETF and the iPath S&P GSCI Crude Oil [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 11:11 am Someone Else Thinks Ratings Agencies Do A Pretty Piss-Poor JobSomebody is finally doing something about those corrupt, self-serving companies that we all rely on to tell us just how risky this stupid bond is. Ohio is suing the ratings agencies. With the Feds spitting the bit on regulating an industry that never saw a mortgage-backed security or collateralized debt obligation it didn't want to give a triple-A rating and that showed the most remarkable propensity for figuring things out right after the credit markets imploded, Richard Cordray, attorney general of the Buckeye State, is following the Andy Cuomo's lead and attacking Fitch Ratings, Moody's Investors Service and Standard & Poor's.
Source: Dealbreaker | 20 Nov 2009 | 11:02 am Man behind netbook crazeA few years ago rivals mocked Asus chairman Jonney Shih. Millions of netbooks later, Shih is having the last laugh.Source: Business and financial news - CNNMoney.com | 20 Nov 2009 | 10:52 am FTSE ends week lower after positive start (AFP)
Source: Yahoo! News: Stock Markets News | 20 Nov 2009 | 10:49 am Presented By:Source: Dealbreaker | 20 Nov 2009 | 10:40 am Steve On Steve: The Most Magical Night Of ALL TIME
Source: Dealbreaker | 20 Nov 2009 | 10:40 am Looking ahead: next year's health plansPaul Fronstin, a senior research associate with the Employee Benefit Research Institute, talks with Tess Vigeland about what to expect from next year's employer health plans.Source: Marketplace Money | 20 Nov 2009 | 10:35 am Getting PersonalTess Vigeland takes listeners' questions about money and finance with help from The Oregonian's personal finance columnist Brent Hunsberger.Source: Marketplace Money | 20 Nov 2009 | 10:35 am The Little Book of Safe MoneyJason Zweig says there's no such thing as keeping your money absolutely safe, but there are ways to make it safer. He lays it out in his new book "The Little Book of Safe Money."Source: Marketplace Money | 20 Nov 2009 | 10:35 am A new kind of marriage counselingThere's new hope for couples with marriage problems that stem from financial hardship -- a therapy that melds traditional marriage counseling with financial planning. Sylvia Maria Gross of station KCUR reports.Source: Marketplace Money | 20 Nov 2009 | 10:34 am How long will the gold rush last?Economics Editor Chris Farrell looks at what's behind the rising price of gold, and why the precious metal is just another bubble ready to burst.Source: Marketplace Money | 20 Nov 2009 | 10:34 am Time for that health spending spreeWith the end of the year fast-approaching, people want to make sure they've milked their health-care benefits for all they can, from spending what's left in FSA's to finally getting those annual physical exams. Joel Rose reports.Source: Marketplace Money | 20 Nov 2009 | 10:34 am End-of-the-year tax managementTom Herman, former tax columnist for the Wall Street Journal, talks with Tess Vigeland about how to best prepare for next year's tax season -- now.Source: Marketplace Money | 20 Nov 2009 | 10:33 am Match-fix probe targets 200 gamesAbout 200 football ties are under investigation in what one Uefa official calls Europe's biggest match-fixing scandal.Source: BBC News | Business | World Edition | 20 Nov 2009 | 10:29 am Map: State Unemployment RatesJobless in OctoberSource: Bureau of Labor Statistics By Caitlin Kenney Unemployment rates increased in 29 states and the District of Columbia last month, the Bureau of Labor Statistics reports. Michigan once again recorded the highest unemployment rate of 15.1 percent followed by Nevada, Rhode Island and California. Wyoming and Alaska saw the most dramatic month-over-month rate increases. The unemployment rate increased by 0.6 percent from September to October in both states. Arkansas and the District of Columbia saw their rates increase by 0.5 percent. The unemployment rate fell in just 13 states last month and eight states had no rate change. States that added the most jobs included Texas, Michigan and California. Nine states recorded unemployment rates higher than the national average of 10.2 percent. » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 20 Nov 2009 | 10:13 am Sani Abacha son 'must pay $350m'A Swiss court orders the seizure of $350m in assets from the son of Nigeria's ex-ruler Sani Abacha after a 10-year investigation.Source: BBC News | Business | World Edition | 20 Nov 2009 | 10:03 am ECB slows emergency cash supportThe European Central Bank says it will scale back emergency monetary support for fear of fuelling inflation.Source: BBC News | Business | World Edition | 20 Nov 2009 | 9:41 am China power costs riseSHANGHAI: China yesterday raised electricity rates for businesses and industries by 5.7 per cent and says more rises are planned, as the country adjusts prices to reflect costs and promote energy saving.It was the first rise since...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:30 am This Week’s Weird Jobs
Has anyone ever asked you to be their best man or maid of honor? Did you enjoy it? If so, there may be a job in your future… 1. CA: Positions Available @ Private Women’s Gym If you’re male and tend to gawk, please be very good at hiding it. 2. CA: Bike, Segway, & Walking Tour Guides / Guerilla Marketers Our guests are always jealous that we get to do this everyday and get paid for it. This job is perfect for anyone who wants to get experience and break into the hospitality industry in San Diego in a big way. Principle Duties: Disseminate information and perform extemporaneous narration. Answers guest questions concerning San Diego and Segways. Monitor the safety of all guests the entire time. Responsibilities include: Cleaning and maintaining Segways to the best of your ability, to take care of our guests, maintaining the Segway shop area: changing tires, adjusting Segways. Must have the ability to exert up to 20 pounds of force to move objects, and occasionally more force to move Segways. Must be able to work outdoors while exposed to sunny, wet and/or humid weather conditions. Will work with guests of all ages, individuals with special needs, and people with different ethnic or cultural backgrounds or languages. Must have the ability to use mechanical devices including but not limited to the Segways. Requirements: Friendly, on time everytime, out-going, calm under pressure, humble, basic Segway knowledge. Whatever you do, just be sure you’re good at riding a Segway. 3. CA: Baggage Handler The job will run for approximately one month. Flight is every Tuesday from 9:00a.m.-12:00pm. The job location is at LAX, for an outbound flight to Cuba. Extra income possible if you use this position to smuggle drugs. 4. CA: KNOW SOMEONE WHO’S PREGNANT? MAJOR NETWORK NOW CASTING A NEW DOCUMENTARY SERIES ABOUT FIRST-TIME PREGNANCIES. WE ARE SEARCHING FOR WOMEN WHO AREN’T SURE IF THE DAD TO BE IS PREPARED FOR FATHERHOOD AND NOT STEPPING UP TO THE PLATE. Are you and your boyfriend/Husband having relationship issues? Did you get married because of this pregnancy? Do you want to find out if he is cut out to be a good Dad? Has this pregnancy added stress to your relationship? We are looking for pregnant women, 18+, who want to prepare the father to be for what’s to come! Although we may contribute to your divorce, you must sign a waiver absolving us of any financial responsibility for it. 5. MA: Wanted URGENTLY: Best Man for wedding I’m backing out on my cousin last minute, and I before I do it, I need someone lined up to take my place, because I’m not sure that he’ll be able to find someone at such short notice. Pay is $200+ (negotiable), plus a night in the hotel in question (I’ll sacrifice my room there for the right candidate). You MUST have comprehensive experience in this position, have a TUX (because the one I have might not fit you), and have transport to and from the locations. Email me with a few pictures (preferably in a tux at a wedding, in the Best Man role) and brief history of experience in this position, and a telephone number where I can contact you. This will be a one time contract job. You will be required to be available during the entire day, from 9am until 12am (perhaps even until 2am). You will be required to make a speech and fulfill other customary duties normally executed by the best man at weddings. If you happen to find a beautiful woman to dance the night away with, that’s fine, so long as the aforementioned duties are fulfilled in their entirety and in a satisfactory manner. Due to the sensitivity of this position, and the short time available, please only apply if you are sincere, clinically sane & stable and experienced. “Clinically sane” may be an overstatement, but we’ll hire you anyway. Happy Friday!
Source: Business Pundit | 20 Nov 2009 | 9:26 am Infratil boss right back in the gameAfter a battle with cancer, Lloyd Morrison tells Liam Dann why he still has work to do Lloyd Morrison is lucky to be alive. Last December he started feeling flat and run-down. He blamed the enormous year he had been through.Running...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:00 am Norgate loses control of PGWCraig Norgate - the man who brought PGG Wrightson together as a business - will no longer own a controlling stake and may lose his seat on the board after a $249 million capital injection plan is completed.New Zealand's largest...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:00 am Alloway vows he'll deliverAllied Farmer's new managing director Rob Alloway - the man driving his firm's audacious $400 million debt-for-equity deal with Hanover and its debenture investors - accepts he's not a particularly well-known figure.But that,...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:00 am Douglas puts radical changes in 'alternative Budget'Sir Roger Douglas has released an "alternative Budget" incorporating radical changes to Government spending and tax the Act MP says are needed if New Zealand is serious about closing the income gap with Australia.It carries the...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:00 am Brian Gaynor : Open mind on Hanover-Allied proposalThe proposed Allied Farmers/Hanover Finance deal would be one of New Zealand's biggest, most innovative and high-risk commercial transactions.It is even bolder than the deals investors are anticipating from George Kerr and the...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:00 am Fonterra exits UK butter marketFonterra is getting out of the business that was the cornerstone of New Zealand's multibillion-dollar dairy industry - the British butter market.Eight years after Fonterra cut a deal with one of its biggest competitors in Europe,...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:00 am AOL to shed third of jobs as it prepares to go it aloneSAN FRANCISCO: The struggling internet company AOL plans to shed up to 2500 jobs - more than a third of its workforce - as it prepares to separate from Time Warner and finally sever their ill-fated marriage.Extensive job cuts...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:00 am News Corp shifting focus from newspapers to TVJames Murdoch, annointed heir to his father's media conglomerate, News Corporation, signalled that the family love affair with newspapers is coming to an end and the business will shift its focus to television and entertainment in...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:00 am Debt stops job rally, says OECDLONDON: The spectre of a global "jobless recovery" was conjured up yesterday by the Organisation for Economic Co-operation and Development , which predicted "the economic recovery now spreading across OECD countries is still too timid...Source: nzherald.co.nz - Business | 20 Nov 2009 | 9:00 am More job cuts at Threshers ownerA further 381 stores are to close at off licence group First Quench, with the loss of 1,908 jobs, the firm's administrators announce.Source: BBC News | Business | World Edition | 20 Nov 2009 | 8:46 am Trade deal agreed in East AfricaLeaders from Kenya, Tanzania, Uganda, Rwanda and Burundi sign a common market trade agreement.Source: BBC News | Business | World Edition | 20 Nov 2009 | 8:43 am Mills Focused on Getting Capital for Small Business: AudioSource: Bloomberg - All Podcasts | 20 Nov 2009 | 8:35 am Rosen Sees Stronger Dollar in Second Half of 2010: AudioSource: Bloomberg - All Podcasts | 20 Nov 2009 | 8:17 am Furness Sees Fed Raising Rates First-Quarter 2011: AudioSource: Bloomberg - All Podcasts | 20 Nov 2009 | 8:08 am Fortis's Kounis Sees Fed Raising Rates Mid-2010: AudioSource: Bloomberg - All Podcasts | 20 Nov 2009 | 8:05 am Logic Advisors' O'Neill Cautious on Gold ETFs: AudioSource: Bloomberg - All Podcasts | 20 Nov 2009 | 8:00 am McEvoy Says 46% of U.S. Banks Unprofitable: AudioSource: Bloomberg - All Podcasts | 20 Nov 2009 | 7:47 am The Palm Margin Squeeze (PALM, S, AMZN, WMT)Palm, Inc. (NASDAQ: PALM) has sort of already fallen from grace despite all the hype behind the Palm Pre. Throw in that Pixi too. Discounting is trumping what may be weaker sales. It turns out that Amazon.com (NASDAQ: AMZN) is offering the Palm Pre for Sprint for a mere $79.99. Sprint Nextel (NYSE: S) has [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 7:24 am Today’s Best Market Rumors (11/20/2009) (GS)(JAVA)Updated throughout the day. GE (NYSE:GE) and Vivendi are at odds over the NBCU valuation (FT) IBM (NYSE:IBM) is taking advantage of the delay in the Sun (NASDAQ:JAVA) deal to be bought by Oracle (NASDAQ:ORCL) (TheStreet) The joint venture between Rio Tinto (NYSE:RTP) and BHP Billiton (NYSE:BHP) may lead to a merger. (various) Ferrero may want to buy Cadbury’s gum and candy [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 7:01 am Cash Under The MattressBy Daniel Costello Would you invest in something you knew wouldn't make money? In the market equivalent of shoveling cash under the mattress, so many buyers were eager this week to park money in the world's safest investment, United States government debt, they agreed to accept a zero percent rate of return or even take a loss. The annualized yield on three-month T-bills fell to a barely positive 0.01% on Wednesday, down from 0.07% at the beginning of the week and the lowest level since last December. The two-year T-note yield slid to 0.70%, compared with 0.81% a week earlier and also the lowest since December. Traders said some T-bills were trading at slightly negative yields -- meaning buyers were in effect paying to keep their money in the securities, as opposed to earning a return on them. The highly unusual series of events may look like the fear-driven panic of last fall, when treasury yields last went negative. But this time is different, analysts say. In large part the latest decline in shorter-term yields stems from moves by banks and other financial firms to bolster their balance sheets with highly liquid assets as 2009 ends. Still, the cautious approach does reflects investors' longer term concerns that a global recession could deepen next year, and continue to jeopardize all types of investments. » E-Mail This » Add to Del.icio.us
Source: NPR Blogs: Planet Money | 20 Nov 2009 | 6:50 am Top Day Trader Alerts (BCRX, DELL, DRYS, NVAX, WCRX)These are this morning’s top day trader alerts and active trader alerts early this Friday morning. We have links through to each stock at VSInvestor.com with more data and analysis on each: BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX) down almost 6% on its secondary offering. Dell Inc. (NASDAQ: DELL) is down 8% on earnings, but we came up [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 6:44 am Dunkelberg Says 33% of Small Business's See Weak Sales: AudioSource: Bloomberg - All Podcasts | 20 Nov 2009 | 6:44 am Top 10 Analyst Upgrades, Downgrades, Initiations (AFL, BRCM, DDS, D, INTC, MRVL, BTU, RTP, STP, TXN)These are Friday morning’s top 10 analyst upgrades, downgrades, and initiations we have seen early this morning in Wall Street research calls: AFLAC (NYSE: AFL) Raised to Overweight at Morgan Stanley. Broadcom Corp. (NASDAQ: BRCM) Started as Outperform at BMO Capital Markets. Dillard’s (NYSE: DDS) Raised to Buy at Deutsche Bank. Dominion (NYSE: D) Cut to Sell at Citigroup. Intel [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 6:05 am The Incredibly Shrinking Goldman GiftBy Daniel Costello According to an analysis posted yesterday on SmartMoney.com, Goldman's ultimate price tag for the initiative could be roughly $136 million to $150 million--70% or more below the figure that helped generate so much publicity for the firm this week. A big chunk of the money is destined for charitable institutions, creating potentially sizable tax deductions for Goldman, while other portions are being made as loans that Goldman confirms it expects to be repaid with interest. Asked about the estimates, a Goldman spokesman didn't comment on the specific figures but defended the program as a boon to small businesses, while giving Goldman "a modest economic return." » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 20 Nov 2009 | 4:46 am If Health Insurance Companies Were Jesus
Source: Business Pundit | 20 Nov 2009 | 4:34 am Morning Report: Ron Paul Wins A Round; Deflation Returns To JapanBy Daniel Costello The bill, which is likely to face steep opposition when it goes up for a full House vote, would abolish a longstanding exemption that shielded the Fed from Congressional audits of its monetary policy. Supporters of the Fed's independence have argued the shields provide crucial insulation from political pressure, which would make it much harder for Fed officials to take unpopular action aimed at heading off inflation. "If we get the audit and get the books open, make them answer the questions, I am convinced that the American people will be so outraged that then we will have reform of the monetary system," Paul has said. What do you think? Should there be more oversight of the Fed?(polls) Japan's government Friday officially declared the economy has fallen into deflation and cautioned that continued price declines could spell trouble for the economy's nascent recovery. In a deflationary spiral, consumers stop spending in the expectation that prices will fall further. Faced with falling profits, companies are forced to squeeze wages, shed jobs and cut production. That situation is very tricky to correct and can significantly harm an economy before deflation can be arrested. Lastly, there's more bad news from the tech sector. Dell Inc. on late Thursday reported a fiscal third-quarter profit that fell 54 percent from a year ago as sales fell across all of its major business areas. The results fell short of Wall Street's estimates for the quarter, sending Dell's stock down more than 5 perfect in after-hours trading » E-Mail This » Add to Del.icio.us Source: NPR Blogs: Planet Money | 20 Nov 2009 | 4:29 am South Korea Continues To Best US In Auto TradeThe AP reports that South Korean auto groups claim that the Asian country exported 600,000 cars and light trucks to the US last year. Only 7,000 American autos were sold in South Korea during that period. The figures probably got more lopsided this year as Hyundai improved it sales in the US. The numbers look a bit [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 20 Nov 2009 | 3:59 am Japan says economy back in deflationJapan says that for the first time since 2006 the economy is back in deflation, warning of the risk that price falls may put pressure on a fragile economySource: Financial Times - US homepage | 20 Nov 2009 | 3:18 am
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