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SAP shares drift after chief's sudden resignationThe abrupt resignation of SAP AG Chief Executive Leo Apotheker left shares of the world’s largest business-software company struggling for direction on Monday as investors mulled apparent strategic disagreements at the top.
Source: MarketWatch.com - Top Stories | 8 Feb 2010 | 3:38 am Plus Markets leadership duo stand asideSimon Brickles and Stephen Hazell-Smith, the duo that for the past five years have run Plus Markets, the former Ofex and main rival stock exchange to AIM, are stepping aside to make way for new blood. Source: Latest Business News from Times Online | 8 Feb 2010 | 3:34 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 | 8 Feb 2010 | 3:31 am Stocks set for gainsU.S. stocks were poised to open higher Monday, as investor concerns about the debt situation in Europe started to ease.Source: Business and financial news - CNNMoney.com | 8 Feb 2010 | 3:30 am Markets: Shaky after the slumpWall Street avoided a bigger walloping late last week, with sellers finally calling it quits after a nearly 10% plunge in less than three weeks. But the week ahead could be pivotal as investors either jump back in - or retreat even further.Source: Business and financial news - CNNMoney.com | 8 Feb 2010 | 3:28 am Nokia to fight U.S. suit alleging it hid delaysMobile-phone giant Nokia says it will “vigorously" defend itself against a U.S. class action lawsuit that alleges the firm committed securities fraud.
Source: MarketWatch.com - Top Stories | 8 Feb 2010 | 3:20 am Disgraced Former Merrill CEO Get Top CIT JobThey are a perfect pair. Disgraced former Merrill Lynch CEO John Thain will join CIT (NYSE:CIT), the lending firm disgraced by a Chapter 11 filing, as its new chief. Thain’s partner in the Bank of America (NYSE:BAC) buy-out of Merrill, Ken Lewis, faces fraud charges brought by New York State over the timing and nature of financial [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 8 Feb 2010 | 3:16 am UK firms 'cut dividends by £10bn'Shareholders in UK companies saw their dividend payments cut by £10bn last year, according to a report.Source: BBC News | Business | World Edition | 8 Feb 2010 | 3:15 am Randgold profit more than triplesRandgold Resources increases production and benefits from rising gold prices as fourth-quarter profit bounces.
Source: MarketWatch.com - Top Stories | 8 Feb 2010 | 3:09 am Greece readies tax change to fight crisis (AP)AP - Greek officials put the final touches Monday on an overhaul of the country's ineffective tax system — part of their urgent effort to fix a debt crisis that has shaken the entire eurozone.Source: Yahoo! News: Business News | 8 Feb 2010 | 3:07 am Most Asia markets end down amid Greece worriesUncertainty over sovereign debt in the euro zone hits Asian markets, but bargain-buying in banks and miners limits the losses.
Source: MarketWatch.com - Top Stories | 8 Feb 2010 | 3:04 am Traders cautious as contagion fears lingerGlobal Markets Overview: Fears over the possible fall-out from the Greek debt crisis weigh, but Wall Street’s late rally on Friday helps Europe reboundSource: Financial Times - US homepage | 8 Feb 2010 | 3:03 am European shares bounce back (AFP)
Source: Yahoo! News: Stock Markets News | 8 Feb 2010 | 2:58 am London Markets: British shares up as earnings, deal hopes boostThe top British share index climbs with deal speculation and broker moves helping the advance. Earnings also eyed.
Source: MarketWatch.com - Top Stories | 8 Feb 2010 | 2:51 am Geithner, Soothsayer, Says US Will Never Lose Aaa RatingTreasury Secretary Tim Geithner, looking toward a future he cannot predict, said the the US would not lose its Aaa rating. He told ABC’s “This Week”, when ask if the rating will ever be dropped lower “Absolutely not. And that will never happen to this country.” It is a risky stance for Geithner to take. Moody’s warned [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 8 Feb 2010 | 2:49 am Oil above $72 amid US cold snap, Iran tensions (AP)
Source: Yahoo! News: Business News | 8 Feb 2010 | 2:46 am Ex-Merrill chief Thain lands a new gigFormer Merrill Lynch CEO John Thain has been tapped to lead struggling lender CIT Group.Source: Business and financial news - CNNMoney.com | 8 Feb 2010 | 2:44 am Xstrata resumes dividend paymentsMining group Xstrata is to resume dividend payments despite reporting a drop in full-year profits.Source: BBC News | Business | World Edition | 8 Feb 2010 | 2:38 am Super Bowl ads: An appeal to familyWhile the themes in this year's Super Bowl ads ran the gamut from poking fun of emasculated males to take-offs on popular TV shows, experts agreed that a simple appeal to motherly love seemed to speak strongest to viewers.Source: Business and financial news - CNNMoney.com | 8 Feb 2010 | 2:36 am Disney, Google eye deal with China bus media firm -sourcesHONG KONG/SHANGHAI, Feb 8 (Reuters) - A consortium led by Walt Disney Co is in advanced talks to buy into China's largest in-bus digitial media and advertising company, a deal that could offer the U.S...Source: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 2:34 am Disney, Google eye deal with China bus media firm -sourcesHONG KONG/SHANGHAI, Feb 8 (Reuters) - A consortium led by Walt Disney Co is in advanced talks to buy into China's largest in-bus digitial media and advertising company, a deal that could offer the U.S...Source: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 2:34 am Xstrata reinstates dividend, upbeat on outlookLONDON (Reuters) - Mining group Xstrata reinstated dividends on Monday citing an encouraging outlook for commodities demand in the medium term after posting an expected 41 percent fall in 2009 profit on weaker metals prices.Source: Reuters: Business News | 8 Feb 2010 | 2:33 am Toyota readies global Prius recallTOKYO (Reuters) - Toyota Motor Corp is preparing a recall of its new Prius hybrid car in Japan as early as Tuesday, followed by similar steps in the United States, Europe and other markets, a source familiar with its plans said.Source: Reuters: Business News | 8 Feb 2010 | 2:30 am CIT names ex-Merrill chief Thain to top postsCIT Group Inc. said late on Sunday that the board named former Merrill Lynch chief John A. Thain chairman and chief executive and tasked him with continuing the company's rebound from bankruptcy proceedings.
Source: MarketWatch.com - Top Stories | 8 Feb 2010 | 2:25 am Xstrata to resume dividends after 97% profit fallThe Anglo-Swiss miner says it’s showing its confidence in the future by restoring dividend payments as profit slides.
Source: MarketWatch.com - Top Stories | 8 Feb 2010 | 2:19 am India predicts growth at 7.2 percent in year to March (AFP)
Source: Yahoo! News: Business News | 8 Feb 2010 | 2:18 am SMFG Q3 profit surges, keeps forecast (Reuters)Reuters - Sumitomo Mitsui Financial Group (8316.T), Japan's third-biggest bank by assets, outshone it larger rivals and posted its biggest profit in seven quarters on Monday, helped by an improvement in its stock portfolio and a decline in bad loans.Source: Yahoo! News: Business News | 8 Feb 2010 | 2:16 am SMFG Q3 profit surges, keeps forecastTOKYO (Reuters) - Sumitomo Mitsui Financial Group, Japan's third-biggest bank by assets, outshone it larger rivals and posted its biggest profit in seven quarters on Monday, helped by an improvement in its stock portfolio and a decline in bad loans.Source: Reuters: Business News | 8 Feb 2010 | 2:16 am 24/7 Wall St.’s Corporate Power Rankings (Week 5)The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and changes, and credible rumors. It is, in effect, a new version of the DJIA. The Corporate Power Rankings are released at midnight [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 8 Feb 2010 | 2:09 am Marshals seek deadly Conn. gas plant blast's cause (AP)
Source: Yahoo! News: Business News | 8 Feb 2010 | 2:02 am Media Digest 2/8/2010 Reuters, WSJ, NYTimes, FT, BloombergReuters: Former Merrill CEO John Thain was named CEO of CIT (NYSE:CIT) Reuters: Toyota (NYSE:TM) is preparing a global Prius recall. Reuters: Private equity firms are bracing for a tax battle. Reuters: Goldman Sachs (NYSE:GS) demands for insurance payouts hurt AIG (NYSE:AIG) Reuters: JAL will keep its alliance with American (NYSE:AMR) and end talks with Delta (NYSE:DAL). WSJ: The Fed [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 8 Feb 2010 | 1:58 am UPDATE 1-Rosneft retained world's biggest reserves in 2009MOSCOW, Feb 8 (Reuters) - Rosneft kept its grip firmly on the top spot among world's publicly traded oil companies as it reported on Monday a 2.5 percent rise in hydrocarbon reserves for 2009 under PRMS...Source: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 1:58 am Miners' optimism drives FTSEMining stocks were buoying London shares today after bullish words about future global demand for commodities from Mick Davis, chief executive of Xstrata, and better than expected profits from Randgold Resources, the gold miner. Source: Latest Business News from Times Online | 8 Feb 2010 | 1:57 am Europe Markets: Miners lead gains for European sharesEuropean shares shake off some of last week's losses, as investors buy up shares in the mining sector and worries about debt in Greece, Spain and Portugal appear to recede.
Source: MarketWatch.com - Top Stories | 8 Feb 2010 | 1:56 am Yanukovich claims Ukraine victoryWith more than 90 per cent of votes counted in the Ukrainian presidential election Viktor Yanukovich, the humiliated loser of the country’s 2004 Orange Revolution, was close to a dramatic political resurrectionSource: Financial Times - US homepage | 8 Feb 2010 | 1:53 am UPDATE 2-AMP to consider position on $11 bln AXA Asia deal* To continue to consider position after exclusivity expiresSource: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 1:51 am Surprise CEO exit puts SAP shares under pressureFRANKFURT (Reuters) - The abrupt resignation of SAP AG's chief executive Leo Apotheker put pressure on the group's stock on Monday as the market sought direction on where the world's largest business-software company is headed.Source: Reuters: Business News | 8 Feb 2010 | 1:49 am Toyota's Japan recall could spread to LexusToyota’s impending global recall of the Prius over problems with the brakes may be expanded to cover at least two other hybrid models in Japan, including one from the high-end Lexus range, The Times has learnt. Source: Latest Business News from Times Online | 8 Feb 2010 | 1:41 am Greece to levy 40 percent tax rate on more earnersATHENS (Reuters) - Greece will lower the current 75,000 euro income threshold that is subject to a 40 percent tax rate as part of reforms to urgently boost government revenues, the country's finance minister said on Monday.Source: Reuters: Business News | 8 Feb 2010 | 1:38 am Greece to levy 40 percent tax rate on more earnersATHENS (Reuters) - Greece will lower the current 75,000 euro income threshold that is subject to a 40 percent tax rate as part of reforms to urgently boost government revenues, the...Source: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 1:38 am Asia Markets And Europe Open (2/8/2010)Markets in Asia were lower The Nikkei dropped 1.1% to 9,952. Sony (NYSE:SNE) was hurt by a strong yen. The Hang Seng fell .6% to 19,551, a five month low. The Shanghai Composite dropped .1% to 2,935. At the open in Europe, the FTSE was up .8% to 5,101. The Dax rose .7% to 5,473. The CAC 40 moved [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 8 Feb 2010 | 1:26 am Chinese police shut down hacker training business (AP)AP - Police in central China have shut down a hacker training operation that openly recruited thousands of members online and provided them with cyberattack lessons and malicious software, state media said Monday.Source: Yahoo! News: Business News | 8 Feb 2010 | 1:26 am THE INFLUENCE GAME: Toyota's powerful DC friends (AP)
Source: Yahoo! News: Business News | 8 Feb 2010 | 1:26 am UPDATE 1-Almirall gets EU approval for prostate drugMADRID, Feb 8 (Reuters) - Spanish drug firm Almirall said on Monday it had received European Commission approval to sell silodosin to treat BPH, the enlargement of the prostate gland which affects middle-aged...Source: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 1:06 am Benmosche sees P&C unit, US life at AIG's core* CEO tells employees AIG stabilized faster than expectedSource: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 1:00 am The Week AheadTODAYSource: RSS feed - channel BNPaperBusiness | 8 Feb 2010 | 1:00 am California cracks down on discount health plansState regulators are trying to rein in discount health and dental plans that officials say frequently overstate benefits.At a time when nearly 7 million Californians are uninsured, state regulators are trying to rein in discount health and dental plans that officials say frequently overstate benefits, offer little if any savings and promise access to doctors who aren't part of the system.
Source: L.A. Times - Business | 8 Feb 2010 | 1:00 am Fandango plans to nearly double size of its L.A. headquartersThe movie ticketing website will stay in the same Westside building but move from ground level to the fourth floor. ...Source: RSS feed - channel BNPaperBusiness | 8 Feb 2010 | 1:00 am When healthcare coverage is insurance in name onlyThe L'Esperances are your typical American family. They work hard. They try to get ahead. They don't ask anyone for help.
Source: L.A. Times - Business | 8 Feb 2010 | 1:00 am Government debt problems give investors the jittersNothing devastating has happened in Europe or Washington, but investors have much more to lose than they did a year ago, so they sell at the first sign of trouble. ...Source: RSS feed - channel BNPaperBusiness | 8 Feb 2010 | 1:00 am Despite safety recalls, customers still head into Toyota of Glendale showroomSome are looking for bargains, some for answers and some loyal customers are looking to buy. Between the Super...Source: RSS feed - channel BNPaperBusiness | 8 Feb 2010 | 1:00 am Despite safety recalls, customers still head into Toyota of Glendale showroomSome are looking for bargains, some for answers and some loyal customers are looking to buy.Between the Super Bowl and word that thousands of Prius hybrids could soon join the millions of vehicles already being recalled, Sunday threatened to be an awful day at Toyota of Glendale.
Source: L.A. Times - Business | 8 Feb 2010 | 1:00 am Women-owned businesses have contracting advantagesDear Karen: I'm a female sole practitioner in the service sector. Do I qualify as a minority small-business owner?
Source: L.A. Times - Business | 8 Feb 2010 | 1:00 am Women-owned businesses have contracting advantagesDear Karen: I'm a female sole practitioner in the service sector. Do I qualify as a minority small-business owner?Source: RSS feed - channel BNPaperBusiness | 8 Feb 2010 | 1:00 am California cracks down on discount health plansState regulators are trying to rein in discount health and dental plans that officials say frequently overstate benefits. ...Source: RSS feed - channel BNPaperBusiness | 8 Feb 2010 | 1:00 am The Impact of the Recession on Travel to Europe 2009/10Source: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 1:00 am It's survival of the fittest for Southland's small gyms and fitness studiosAlthough they lack the deep pockets of their giant gym-chain competitors, smaller operations have less bureaucracy and more flexibility. ...Source: RSS feed - channel BNPaperBusiness | 8 Feb 2010 | 1:00 am It's survival of the fittest for Southland's small gyms and fitness studiosAlthough they lack the deep pockets of their giant gym-chain competitors, smaller operations have less bureaucracy and more flexibility.Small gyms and fitness studios in Southern California are battling the recession like boxers in the ring fighting for any advantage.
Source: L.A. Times - Business | 8 Feb 2010 | 1:00 am Fandango plans to nearly double size of its L.A. headquartersThe movie ticketing website will stay in the same Westside building but move from ground level to the fourth floor.Fandango Inc., one of the nation's leading movie ticketing websites, is planning to nearly double the size of its Los Angeles headquarters.
Source: L.A. Times - Business | 8 Feb 2010 | 1:00 am Government debt problems give investors the jittersNothing devastating has happened in Europe or Washington, but investors have much more to lose than they did a year ago, so they sell at the first sign of trouble.The threats seem to be coming from all directions.
Source: L.A. Times - Business | 8 Feb 2010 | 1:00 am Xstrata resumes payouts despite profits slideXstrata, the Anglo-Swiss mining group, returned to the dividend today saying it was encouraged by the prospects of recovering demand from China, where slowdown last year led to a 41 per cent drop in annual profits. Source: Latest Business News from Times Online | 8 Feb 2010 | 12:58 am Portugal T'com reinforces Brazil ops with IT firmLISBON, Feb 8 (Reuters) - Portugal Telecom (PT) said on Monday it had agreed to buy Brazilian information technology firm GPTI in an all-share deal as part of a drive to reinforce its presence in Latin...Source: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 12:57 am Xstrata sees 'two-speed' world developing after the global recessionXstrata, one of the world's largest miners, said today that the global recession has strengthened the emergence of a 'two-speed world' in which growth in China, India and Brazil far outstrips that of developed economies.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 8 Feb 2010 | 12:55 am Surprise CEO exit puts SAP shares under pressureFRANKFURT, Feb 8 (Reuters) - The abrupt resignation of SAP AG's chief executive Leo Apotheker put pressure on the group's stock on Monday as the market sought direction on where the world's largest business-software...Source: RSS feed - channel BNewsBusiness | 8 Feb 2010 | 12:49 am Which shares for dividends?The recession has led many companies to revise their dividend policy.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 8 Feb 2010 | 12:36 am G7 talk on Greece fails to soothe investors, euro dipsTORONTO/HONG KONG (Reuters) - The euro and growth-linked currencies fell on Monday as investors unwound risky trades amid growing worries about eurozone's debt problems, dismissing assurances from European finance ministers at the weekend.Source: Reuters: Business News | 8 Feb 2010 | 12:28 am Japanese brewers call off mergerJapanese brewing and food groups Kirin and Suntory call off merger talks having failed to agree terms.Source: BBC News | Business | World Edition | 8 Feb 2010 | 12:08 am Shikhar Balwani's This Week in India: Testing times for mutual fund industryIndian fund managers are a worried a lot these days, as a series of regulatory measures weigh strongly on asset growth even while promising to support the domestic mutual fund industry in the long run, writes Shikhar Balwani.
Source: MarketWatch.com - Top Stories | 7 Feb 2010 | 11:59 pm Workes face second year of pay freezesWorkers will face a second year of having their pay frozen even though inflation is starting to increase, a new report predicts.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Feb 2010 | 11:41 pm Sharemarket starts week 11 points downThe New Zealand sharemarket drifted lower today after receiving mixed signals from offshore and as investors wait for Telecom to report earnings on Friday.The benchmark NZX-50 index closed down 11.54 points, or 0.372 per cent,...Source: nzherald.co.nz - Business | 7 Feb 2010 | 11:32 pm Asian stocks lower amid weak recovery fears (AP)
Source: Yahoo! News: Stock Markets News | 7 Feb 2010 | 11:24 pm Keycorp’s Hancock to oversee AIG riskKeycorp vice-chairman Peter Hancock is to join the US government-owned insurer in a new role that will position him as a potential successor to the chief executiveSource: Financial Times - US homepage | 7 Feb 2010 | 11:07 pm Saints win first Super Bowl in MiamiThe New Orleans Saints complete their long-awaited transformation from chumps to champions by defeating the Indianapolis Colts 31-17 to claim their first NFL titleSource: Financial Times - US homepage | 7 Feb 2010 | 10:45 pm Key speech tomorrow to set out economic planAfter months of debate and speculation the Government will finally reveal its plans for tax reform when Prime Minister John Key kicks off the parliamentary year tomorrow.Mr Key spent another press conference today fencing with...Source: nzherald.co.nz - Business | 7 Feb 2010 | 10:41 pm NZ dollar closes slightly downThe New Zealand dollar ended its domestic session down from its opening level but above a five-month low, close to US68c, it reached on Saturday.Dealers expect US dollar strength and worries about sovereign debt in Europe to be...Source: nzherald.co.nz - Business | 7 Feb 2010 | 10:39 pm CIT names ex-Merrill CEO Thain as chairman, CEO (AP)
Source: Yahoo! News: Business News | 7 Feb 2010 | 10:30 pm IBM begins Power server upgrade to battle HP, SunNEW YORK (Reuters) - IBM is beginning a long-awaited upgrade to a range of servers and other hardware to make them more energy-efficient and competitive than rival products by Hewlett-Packard and Sun Microsystems Inc.Source: Reuters: Business News | 7 Feb 2010 | 10:21 pm Alongside gags, Super Bowl ads plumb male psycheNEW YORK (Reuters) - Sidestepping the usual slapstick comedy and animal tricks, a number of advertisers tried to score during Sunday's Super Bowl with commercials that tapped into men's ambivalence with their everyday lives.Source: Reuters: Business News | 7 Feb 2010 | 9:23 pm John Thain, former head of Merrill Lynch, appointed head of CIT GroupJohn Thain, the former head of Merrill Lynch, has been appointed chairman and chief executive of CIT Group, the troubled US commercial lender, on a cash-and-shares package worth up to $7.5 million ($£4.8 million). Source: Latest Business News from Times Online | 7 Feb 2010 | 8:49 pm Many NZX50 companies open to corruption risk, says new reportMany of New Zealand's top listed companies lack policies on preventing bribery and corruption and are falling behind international best practice on the issue, Transparency InternatSource: nzherald.co.nz - Business | 7 Feb 2010 | 7:41 pm Thain back from wilderness to head CITJohn Thain has been named chief executive of the CIT Group, the middle-market financial company that emerged from bankruptcy in December under the control of its primary creditors.Source: Financial Times - US homepage | 7 Feb 2010 | 7:09 pm CIT, emerging from bankruptcy, hires Thain as CEONEW YORK (Reuters) - CIT Group Inc has hired former Merrill Lynch CEO John Thain as its new chief executive, the commercial lender said late on Sunday, wagering that the well-traveled executive can guide its post-bankruptcy turnaround.Source: Reuters: Business News | 7 Feb 2010 | 7:07 pm Marac to take $2.5M provision for loan irregularityPyne Gould Corp's Marac finance unit has turned up irregularities relating to a business loan and will take a $2.5 million provisions against its first-half results.The loan, dating back to 2003, was uncovered when the company...Source: nzherald.co.nz - Business | 7 Feb 2010 | 7:00 pm The 5 Best Super Bowl Commercials of 2010Super Bowl XLIV shaped up to be a good year for commercials. Here are the 5 best commercials we’ve seen for Super Bowl 2010: Snickers Game Worth it just to hear Betty White say “That’s not what your girlfriend said…” Doritos Dog Collar When anti-bark collars strike back. Bud Light Can House Those Bud Light cans aren’t empty… Audi Green Car Watch out for the Green Police. The Boost Mobile Shuffle When they shuffle, they mean it. [Source]
Source: Business Pundit | 7 Feb 2010 | 6:22 pm Aussie skills shortage prompts new Kiwi exodus fearsNew Australian employment research has shown skill shortages in many sectors - leading to fears that more skilled New Zealanders may soon head across the Tasman to fill gaps in the Aussie job market.TheSource: Latest Business News from Times Online | 7 Feb 2010 | 5:01 pm Monday Manifesto: As the economic gloom begins to lift, it is time to talk business againTomorrow a few dozen City analysts and investors and about 15 senior executives from the world’s biggest distributor of engineering and electronics products will meet at the Mermaid Centre, on the site of the old Mermaid Theatre, near Blackfriars in Central London. The timing of the event, the company’s first for four years, is significant. A similar investors’ day was planned in 2008, but the looming recession meant that the idea had to be abandoned. Source: Latest Business News from Times Online | 7 Feb 2010 | 5:01 pm Two-year dividend famine is set to continueStock market experts are warning of another year of dividend famine as some of Britain’s biggest dividend mainstays struggle to maintain payments to shareholders. Source: Latest Business News from Times Online | 7 Feb 2010 | 5:01 pm Minority listing in London could fund Santander’s bid for RBS branchesSantander, the Spanish banking group, could list its British division on the London Stock Exchange to get access to fresh funding if it goes ahead with a planned bid for the branch network of Royal Bank of Scotland (RBS). Source: Latest Business News from Times Online | 7 Feb 2010 | 5:01 pm State-owned rivals provide managers for Metro BankMetro Bank, a start-up lender that is the brainchild of Vernon Hill, the American entrepreneur, has recruited a crop of senior bankers from Britain’s government-controlled banks for its management team. Source: Latest Business News from Times Online | 7 Feb 2010 | 5:01 pm Kiwibank cuts mortgage ratesState-owned Kiwibank has cut its variable mortgage rate by 14 basis points (bps) to 5.65 per cent, making it the second lowest bank variable rate behind BNZ's headline Total Money rate of 5.59 per cent.At the same time, Kiwibank...Source: nzherald.co.nz - Business | 7 Feb 2010 | 5:00 pm Dividends at larger companies set to riseDividend payments by Britain's larger listed companies will increase by 5 per cent in 2010 as profit growth persuades managers to stop hoarding cash, according to a new study. But even though banks...Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 4:46 pm Lenders warn of mortgage shortagesBritain's banks and building societies have warned that they will have to slash mortgage lending and raise rates on home loans if the government insists on prompt and full repayment of the 300bn they have...Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 4:31 pm Five big takeouts that business expects from Key's speechHow will business judge John Key's economic plans ? Pretty well - if he meets the five criteria that leading business players bring up. SpendSource: nzherald.co.nz - Business | 7 Feb 2010 | 4:30 pm Stock investors see threats from all directions (AP)
Source: Yahoo! News: Stock Markets News | 7 Feb 2010 | 4:13 pm Moderate early rise for NZ sharemarketAfter its 1.4 per cent dive on Friday, the New Zealand sharemarket started the new week with modest gains as Fletcher Building shares made up a little of the ground lost in recent weeks.Earlier this morning the benchmark NZX-50...Source: nzherald.co.nz - Business | 7 Feb 2010 | 4:13 pm Ailing securitisation market hits Citi asset salesSome private equity groups and hedge funds that have looked at the assets said the lack of a thriving market for securitised bonds made the assets less attractiveSource: Financial Times - US homepage | 7 Feb 2010 | 4:05 pm When healthcare coverage is insurance in name onlyThe L'Esperances are your typical American family. They work hard. They try to get ahead. They don't ask anyone for help.Source: RSS feed - channel BNPaperBusiness | 7 Feb 2010 | 3:20 pm Hollywood casts spell on son of GaddafiSaadi Gaddafi, the son of the Libyan leader, has financed his first US film, The Experiment, a remake of a German thriller that will be released this year and stars a pair of Oscar winnersSource: Financial Times - US homepage | 7 Feb 2010 | 3:00 pm Sweet taste of success for Cadbury deal-maker Roger CarrFormer Cadbury chairman to call for review of takeover regulation after Kraft battle, writes Richard FletcherSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Feb 2010 | 2:40 pm Santander fault hits customersA power cut knocked out cash machine and online services for customers with Santander bank on Sunday.Source: BBC News | Business | World Edition | 7 Feb 2010 | 2:37 pm Euro under pressure as Greek crisis becomes a 'huge game of chicken'Single currency faced renewed selling on Monday morning as doubts remain about the ability of Greece to cut its deficit.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Feb 2010 | 2:25 pm Kuwait to post 24 billion-dollar budget surplus: forecast (AFP)
Source: Yahoo! News: Business News | 7 Feb 2010 | 2:24 pm 5 things to watch for at MacworldSource: Business and financial news - CNNMoney.com | 7 Feb 2010 | 2:20 pm SAP chief goes in management reshuffleCEO had been criticised in the past for delays in the introduction of a new online-based business software for small and medium-sized companiesSource: Financial Times - US homepage | 7 Feb 2010 | 2:08 pm General Election 2010: Tories see vote winner in reform of tax system for self-employedThe Conservatives are planning to reform the tax system so that it no longer assumes the self-employed are "on the fiddle".Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Feb 2010 | 1:57 pm Saudi Arabia opens to outsiders as it looks to the futureGulf nation is liberalising and the West needs to alter its outdated perceptionsSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Feb 2010 | 1:29 pm UK companies cut dividends by £10bnSavers had a dismal 2009, as dividends from the UK's largest companies were cut by £10bn.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Feb 2010 | 1:17 pm Goldman's payment demands on AIG probed: report (Reuters)Reuters - U.S. regulators are investigating whether the mortgage insurance market was improperly distressed in 2008 because of payment demands that Goldman Sachs Group Inc and other banks made on American International Group Inc , The New York Times reported on Sunday.Source: Yahoo! News: Business News | 7 Feb 2010 | 1:12 pm Toyota to recall Prius hybrid in JapanToyota has decided to issue a formal recall of its latest-model Prius petrol-electric hybrid in Japan, and may do the same in the US and other markets, after complaints about problems with its brakes, people close to the situation saidSource: Financial Times - US homepage | 7 Feb 2010 | 1:09 pm Maybe it's the army of bureaucrats we should cut, not defence spendingSupposedly, two things in life are certain - death and taxes. But in British national life, there are two more - economic downturns and defence reviews. And they have a nasty habit of interacting.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Feb 2010 | 1:01 pm Toyota expected to announce second recall in two weeks - on new PriusToyota is set to suffer a further blow to its reputation by announcing a recall of the latest model of its Prius hybrid car.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Feb 2010 | 12:57 pm Out of work, burnt out, giving upThe number of discouraged job seekers is at an all time high. These readers tell us what it's like to give up on the job search.Source: Business and financial news - CNNMoney.com | 7 Feb 2010 | 12:34 pm Recovery, debt woes to houndNEW YORK (Reuters) - U.S. stocks face more turbulence that could send indexes spiraling through key levels this week as doubts about the global recovery's pace persist and fears linger over Europe's sovereign debt woes.Source: Reuters: Business News | 7 Feb 2010 | 10:34 am Recovery, debt woes to hound (Reuters)
Source: Yahoo! News: Stock Markets News | 7 Feb 2010 | 10:34 am Ex-IMF economist warns on UK debtBritain should be seen in the same category of highly indebted countries such as Greece, a leading economist says.Source: BBC News | Business | World Edition | 7 Feb 2010 | 10:30 am Racing aheadIndia looks to make Formula 1 breakthroughSource: BBC News | Business | World Edition | 7 Feb 2010 | 10:29 am Large Companies With Large Dividend Raises (ADM, BWP, CL, HAS, HSY, LLL, TWX)2010 is turning out to be the year that big companies return to hiking dividends. In just the last week we have seen dividend hikes from Archer Daniels Midland Company (NYSE: ADM), Boardwalk Pipeline Partners, LP (NYSE: BWP), Colgate-Palmolive Co. (NYSE: CL), Hasbro Inc. (NYSE: HAS), Hershey Co. (NYSE: HSY), L-3 Communications Holdings Inc. (NYSE: [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 7 Feb 2010 | 10:27 am Poverty & powerReal change still long way off for India's poorSource: BBC News | Business | World Edition | 7 Feb 2010 | 10:22 am Finance minister falls foul of 'welcome' iglooA Canadian minister was lucky not to get a frosty reception after wrecking an igloo built by Inuits to welcome officials to G7 talks.Source: BBC News | Business | World Edition | 7 Feb 2010 | 10:04 am Toyota 'planning recall of Prius'Toyota is planning to recall the latest model of its flagship Prius cars because of braking problems, reports from Japan say.Source: BBC News | Business | World Edition | 7 Feb 2010 | 6:52 am Chase CEO gets $16 million bonusJPMorgan Chase Chairman and CEO Jamie Dimon will take home a nearly $16 million bonus in restricted stock and options for leading the bank to a big profit last year.Source: Business and financial news - CNNMoney.com | 7 Feb 2010 | 5:57 am Prius brake fix near, Toyota tells dealersToyota Motor notified dealers it is prepared to unveil a solution to problems with the brake system of the popular Prius hybrid sedan, as well as a public relations campaign to try to repair its battered image.Source: Business and financial news - CNNMoney.com | 7 Feb 2010 | 5:53 am Groups 'express Pompey interest'Portsmouth have been approached by "two or three" groups interested in taking over the club, claims executive director Mark Jacob.Source: BBC News | Business | World Edition | 7 Feb 2010 | 4:31 am
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