Rangers enter talks on takeover

Rangers confirm that principal shareholder Murray International Holdings has opened discussions about a possible takeover.
Source: BBC News | Business | World Edition | 8 Mar 2010 | 3:14 am

London Markets: British shares edge up from 18-month highs

British shares built on 18-month highs on Monday, helped by gains for selected commodity and financial firms.



Source: MarketWatch.com - Top Stories | 8 Mar 2010 | 3:04 am

Toyota chief says sees U.S. sales recovery ahead (Reuters)

Toyota Motor Corp's newest Prius hybrid cars are seen at the company's factory in Toyota City, central Japan March 5, 2010. REUTERS/Toru HanaiReuters - Toyota Motor Corp's president said on Monday he believed that sales in North America could recover in March after a sharp decline last month when the automaker suspended sales of some recalled models.



Source: Yahoo! News: Business News | 8 Mar 2010 | 2:57 am

Pru accelerates plans for HK listing

The UK insurer group, currently looking to secure funds for its $35.5bn purchase of AIG’s Asian arm, intends to complete its dual listing before May’s $20bn rights issue
Source: Financial Times - US homepage | 8 Mar 2010 | 2:56 am

Stocks and commodities rally as recovery hopes rise

Global Markets Overview: Signs that the US economy may be on the mend help push stocks to fresh six-week highs and boost demand for commodities
Source: Financial Times - US homepage | 8 Mar 2010 | 2:56 am

Asian markets rally, paced by commodity shares

Asian markets rallied strongly Monday, with resource sector stocks pacing a broad-based advance on the back of higher commodity prices and Australia's Arrow Energy surging after receiving a takeover bid.



Source: MarketWatch.com - Top Stories | 8 Mar 2010 | 2:54 am

Greek woes 'unlikely to spread'

Greece's financial crisis is unlikely to spread to other eurozone countries with high debt levels, says the head of the IMF.
Source: BBC News | Business | World Edition | 8 Mar 2010 | 2:53 am

3 ways to save money this spring

1. Book a sweet getaway
Source: Business and financial news - CNNMoney.com | 8 Mar 2010 | 2:46 am

AIG set for $15.5 bln deal with MetLife: report (AFP)

The MetLife blimp passes in front of the moon over the San Francisco Bay. US insurance giants American International Group and MetLife will announce a $15.5 billion deal for AIG's second-largest foreign life-insurance business, The Wall Street Journal has reported.(AFP/Getty Images/File/Justin Sullivan)AFP - US insurance giants American International Group and MetLife will on Monday announce a $15.5 billion deal for AIG's second-largest foreign life-insurance business, The Wall Street Journal reported.



Source: Yahoo! News: Business News | 8 Mar 2010 | 2:46 am

China can grow, but can it innovate?

What economic crisis? After a blip last winter, China is growing at more than 8% a year, and the scale and speed at which the country is building a modern infrastructure are mind-boggling.
Source: Business and financial news - CNNMoney.com | 8 Mar 2010 | 2:42 am

The fall of a Wall Street highflier

When Erin Callan talked, people listened.
Source: Business and financial news - CNNMoney.com | 8 Mar 2010 | 2:41 am

Civil servants on strike over pay

Up to 270,000 staff are staging a 48-hour walkout in a dispute over cuts to public sector redundancy terms.
Source: BBC News | Business | World Edition | 8 Mar 2010 | 2:34 am

New Yorkers don't miss out on Oscars

Cablevision customers in the New York area were able to start watching the Oscars about 15 minutes into the start of the program Sunday, when ABC restored its local affiliate's signal after pulling it due to a fee dispute.
Source: Business and financial news - CNNMoney.com | 8 Mar 2010 | 2:32 am

'All we needed was a break'

Erin and Robert Smith had no problem handling the $2,000 monthly payment on their home ... until they lost their jobs.
Source: Business and financial news - CNNMoney.com | 8 Mar 2010 | 2:25 am

Currencies: Dollar slips vs. rivals in Asian trading

The dollar took its cues from strong Asian equities markets Monday, as investors’ rising risk appetite favored riskier, higher-yielding currencies, to the greenback’s detriment.



Source: MarketWatch.com - Top Stories | 8 Mar 2010 | 2:25 am

Kraft 'faces probe' over Cadbury

Kraft is being investigated over plans to close a Cadbury factory it had indicated it would keep open, a report says.
Source: BBC News | Business | World Edition | 8 Mar 2010 | 2:24 am

Bovis edges into profit after provision reversal

U.K. house builder Bovis Homes Group said Monday that it edged back into profit in 2009, helped by a release of provisions in the second half of the year.



Source: MarketWatch.com - Top Stories | 8 Mar 2010 | 2:21 am

Abu Dhabi pumps oil riches into media projects (AP)

AP - With an economy based on pumping oil and landmarks that include one of the Mideast's grandest mosques, buttoned-down Abu Dhabi has little obvious in common with freewheeling media magnets like Hollywood or midtown Manhattan.
Source: Yahoo! News: Business News | 8 Mar 2010 | 2:14 am

Bears vs. bulls

A year after the financial crisis hit its nadir and the market plunged to a 12-year low, stocks have recovered but investors remain wary.
Source: Business and financial news - CNNMoney.com | 8 Mar 2010 | 2:12 am

Oil rises above $82, extending Friday's gains (AP)

Drivers fill thier fuel tankers at a fuel depot on Friday, March, 5, 2010, in Harrisburg, Pa. Retail gasoline prices rose 1.4 cents overnight to a national average of $2.72 per gallon, according to auto club AAA, Wright Express and Oil Price Information Service. Price are 3.83 cents shy of the high for the year.(Photo/Carolyn Kaster)AP - Oil prices rose above $82 a barrel Monday in Asia, extending gains from Friday amid signs the global economy may be improving.



Source: Yahoo! News: Business News | 8 Mar 2010 | 2:11 am

Best Companies for job growth

Best Companies like the Scooter Store and DreamWorks notched some impressive job growth last year and are showing no signs of slowing down.
Source: Business and financial news - CNNMoney.com | 8 Mar 2010 | 2:09 am

24/7 Wall St.’s Corporate Power Rankings (Week 9)

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 [...]

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Source: 24/7 Wall St. | 8 Mar 2010 | 2:04 am

Media Digest 3/8/2010 Reuters, WSJ. NYTimes, FT, Bloomberg

Reuters:   Met Life (MET) is close to buying AIG’s (AIG) foreign insurance unit for $15.5 billion. Reuters:   Subway will try to catch McDonald’s (MCD) in China by 2020. Reuters:   Greece’s central bank chief said his nation would not require outside aid. Reuters:   The head of the IMF said Greece’s debt problem would not spread. Reuters:   Senators are debating the the [...]

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Source: 24/7 Wall St. | 8 Mar 2010 | 1:56 am

Europe Markets: Commodity producers underpin Europe

European shares on Monday extended sharp gains made last week, as investors continued to buy commodity producers amid hope that the global economic recovery is gaining traction.



Source: MarketWatch.com - Top Stories | 8 Mar 2010 | 1:55 am

Bovis swings back into profit

Housebuilder Bovis Homes swung back into profit last year after a calamitous 2008, as it forecast that house prices are likely to be stable this year.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 8 Mar 2010 | 1:52 am

FTSE 100 climbs at the open (AFP)

Leading shares climbed at the start of trade following strong gains in Asia.(AFP/File/Shaun Curry)AFP - Leading shares climbed at the start of trade on Monday following strong gains in Asia.



Source: Yahoo! News: Stock Markets News | 8 Mar 2010 | 1:48 am

ABC returns to Cablevision, but talks go on (AP)

A Cablevision sign is seen in New York, Sunday, March 7, 2010. Cablevision subscribers were scrambling Sunday to hook up antennas or find live TV on the Internet in order to watch the Academy Awards after ABC's parent company Walt Disney Co. switched off its signal in a dispute over fees. (AP Photo/Seth Wenig)AP - Cablevision and ABC were negotiating a deal Monday that tentatively ended a dispute over fees and restored millions of viewers' access to the Academy Awards telecast in New York, New Jersey and Connecticut shortly after the broadcast began.



Source: Yahoo! News: Business News | 8 Mar 2010 | 1:45 am

Shell and PetroChina eye £2bn bid for Arrow

Royal Dutch Shell confirmed today that it is in talks to buy Arrow Energy, an Australian natural gas producer, for about $3 billion ($£2 billion).


Source: Latest Business News from Times Online | 8 Mar 2010 | 1:42 am

World stocks up as US job data lift recovery hopes (AP)

FILE -In this file photo of March 9, 2009, Nicholas Brigandi, center, of NYSE Euronext helps direct trading in shares of Merck & Co. on the floor of the New York Stock Exchange. If you're confused about the outlook for the economy and the stock market, then you've got good company —  the Wall Street economists and strategists who are supposed to have this all figured out.(AP Photo/Henny Ray Abrams, file)AP - World stock markets gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.



Source: Yahoo! News: Stock Markets News | 8 Mar 2010 | 1:41 am

World stocks up as US job data lift recovery hopes (AP)

FILE -In this file photo of March 9, 2009, Nicholas Brigandi, center, of NYSE Euronext helps direct trading in shares of Merck & Co. on the floor of the New York Stock Exchange. If you're confused about the outlook for the economy and the stock market, then you've got good company —  the Wall Street economists and strategists who are supposed to have this all figured out.(AP Photo/Henny Ray Abrams, file)AP - World stock markets gained Monday as a better-than-expected report about the U.S. job market lifted confidence in the economic recovery.



Source: Yahoo! News: Business News | 8 Mar 2010 | 1:41 am

Cities not on track with Calif high-speed rail (AP)

In this photo taken March 4, 2010, commuters walk on an overpass at the Buena Park Metrolink station in Buena Park, Calif. It's a huge challenge getting car-dependent Californians to embrace mass transportation, so getting them to move into a community centered around a train station seemed like the impossible. Now as construction wraps up on townhouses built next to a commuter train station here city officials are told either the residents or the three-year-old station may have to go to make way for a high-speed rail train that won't be stopping to pick them up. (AP Photo/Jae C. Hong)AP - Mayor Art Brown spent years pushing for a commuter train station combined with nearby housing in his community. But as townhouses are being finished around the $14 million Metrolink station, he's facing the prospect that California's high-speed rail line may plow right through his beloved project.



Source: Yahoo! News: Business News | 8 Mar 2010 | 1:41 am

Earnings Watch: Updates, advisories and surprises

A roundup of the latest corporate earnings reports and what companies are saying about future quarters.



Source: MarketWatch.com - Top Stories | 8 Mar 2010 | 1:31 am

Business Bullet: Miners, Currencies, Oil & Gold, Bovis

The latest news on: Miners, Currencies, Oil & Gold, Bovis
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 8 Mar 2010 | 1:30 am

Shell and PetroChina swoop on Arrow Energy for its gas reserves

Royal Dutch Shell and PetroChina have offered to pay $3.3bn Australian dollars (£2bn) for Arrow Energy, the owner of Australia's biggest reserves of gas trapped in coal.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 8 Mar 2010 | 1:25 am

Asia Markets And Europe Open (3/8/2010)

Stocks in Asia jumped. The Nikkei was up 2.1% to 10,586. The Hang Seng rose 2% to 21,197. The Shanghai Composite was higher by .7% to 3,053. At the open in Europe, the FTSE was up .2% to 5,611. BHP Billiton (BHP) rose. The DAX was higher by .2% to 5,889. The CAC 40 moved up .2% to 3,916. Data [...]

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Source: 24/7 Wall St. | 8 Mar 2010 | 1:21 am

Shell in joint bid for gas firm

Royal Dutch Shell and PetroChina launch a joint takeover bid for Australian liquefied natural gas group Arrow Energy.
Source: BBC News | Business | World Edition | 8 Mar 2010 | 1:12 am

Pru speeds up Hong Kong listing against deal backlash

Prudential will accelerate plans to list its shares in Hong Kong to allow overseas investors to take part in its controversial $21 billion ($£13.8 billion) rights issue following a backlash from British shareholders over how the insurer plans to finance its bid for AIA in Asia.


Source: Latest Business News from Times Online | 8 Mar 2010 | 1:00 am

Social media in the workplace carries risks

Also: Online video can help sell products, and how estimated tax payments work. Dear Karen: My employees use social media such as Facebook...
Source: RSS feed - channel BNPaperBusiness | 8 Mar 2010 | 1:00 am

Bluestar Silicones Offers a New Range of Silcolease(R) Solventless Thermal Silicones for pet Film Coating


Source: RSS feed - channel BNewsBusiness | 8 Mar 2010 | 1:00 am

Stocks' rise no longer weakens the dollar

The relationship between the dollar and stocks that helped define last year's stock market rally is over.
Source: RSS feed - channel BNPaperBusiness | 8 Mar 2010 | 1:00 am

Disney, Cablevision reach deal on ABC as Oscars begin

They settle a dispute over a new contract in time for 3.1 million New York-area subscribers to catch most of the awards show.

A week of brinkmanship ended Sunday when Walt Disney Co. and Cablevision Systems Corp. settled their dispute over a new contract, a breakthrough that allowed viewers in 3.1 million homes in the New York area to watch the Academy Awards -- starting 13 minutes into the telecast.



Source: L.A. Times - Business | 8 Mar 2010 | 1:00 am

Toyota workers raised safety concerns with bosses in 2006 memo

The notice told of worries about employees and vehicles over the automaker's push to trim costs and boost production.

All six Toyota veterans around the table agreed: The memo they were about to send to senior management could damage their careers.



Source: L.A. Times - Business | 8 Mar 2010 | 1:00 am

This year, delaying taxes can be particularly costly

With many new credits available, more firms may end up with refunds

Don't wait to tackle taxes this year, or your small business may miss out on credits that would lower your 2009 tax bill or face a delay in getting much-needed cash from a refund.



Source: L.A. Times - Business | 8 Mar 2010 | 1:00 am

Basware Expands Connectivity Services to Enable Full Purchase-to-Pay Automation


Source: RSS feed - channel BNewsBusiness | 8 Mar 2010 | 1:00 am

KB Home backdating case has high stakes for prosecutors

They seek to punish ex-CEO Bruce Karatz, but also to improve the record of a massive stock-options crackdown that so far has yielded few convictions.

Two months after the federal government's criminal cases against Broadcom Corp.'s top executives collapsed, the U.S. attorney's office is taking aim at another stock-options backdating target: former KB Home chief Bruce Karatz.



Source: L.A. Times - Business | 8 Mar 2010 | 1:00 am

Interest in buying state offices in California is building

The 24 buildings being offered, including two in L.A., are drawing global investors. The sale is also being criticized for the loss of long-term capital assets in favor of short-term gains. ...
Source: RSS feed - channel BNPaperBusiness | 8 Mar 2010 | 1:00 am

Disney, Cablevision reach deal on ABC as Oscars begin

They settle a dispute over a new contract in time for 3.1 million New York-area subscribers to catch most of the awards show. ...
Source: RSS feed - channel BNPaperBusiness | 8 Mar 2010 | 1:00 am

KB Home backdating case has high stakes for prosecutors

They seek to punish ex-CEO Bruce Karatz, but also to improve the record of a massive stock-options crackdown that so far has yielded few convictions. ...
Source: RSS feed - channel BNPaperBusiness | 8 Mar 2010 | 1:00 am

This year, delaying taxes can be particularly costly

With many new credits available, more firms may end up with refunds Don't wait to tackle taxes this year, or your...
Source: RSS feed - channel BNPaperBusiness | 8 Mar 2010 | 1:00 am

Social media in the workplace carries risks

Also: Online video can help sell products, and how estimated tax payments work.

Dear Karen: My employees use social media such as Facebook and Twitter at work. Is this a security risk?



Source: L.A. Times - Business | 8 Mar 2010 | 1:00 am

Interpreters Unlimited Provides New Path for Economic Growth


Source: RSS feed - channel BNewsBusiness | 8 Mar 2010 | 1:00 am

Stocks' rise no longer weakens the dollar

The relationship between the dollar and stocks that helped define last year's stock market rally is over.



Source: L.A. Times - Business | 8 Mar 2010 | 1:00 am

Interest in buying state offices in California is building

The 24 buildings being offered, including two in L.A., are drawing global investors. The sale is also being criticized for the loss of long-term capital assets in favor of short-term gains.

Efforts to sell 24 state office buildings have drawn lots of interest from potential buyers -- as well as the ire of some former public officials who labored to get them built years ago in the belief that public ownership of the buildings would bring long-term financial benefits to taxpayers.



Source: L.A. Times - Business | 8 Mar 2010 | 1:00 am

A lot is riding on SpaceX rocket

The Hawthorne firm's Falcon 9 is a major contender to cheaply carry astronauts and cargo into orbit. A new rocket...
Source: RSS feed - channel BNPaperBusiness | 8 Mar 2010 | 1:00 am

Toyota workers raised safety concerns with bosses in 2006 memo

The notice told of worries about employees and vehicles over the automaker's push to trim costs and boost production. ...
Source: RSS feed - channel BNPaperBusiness | 8 Mar 2010 | 1:00 am

Europe may consider IMF-style institution to avoid next Greek crisis

Germany's finance minister suggests a European Monetary Fund may be needed after Greek crisis.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 8 Mar 2010 | 12:47 am

Shell, PetroChina bid $3 billion for Australia's Arrow

PERTH (Reuters) - Royal Dutch Shell and PetroChina jointly bid more than $3 billion for Australia's Arrow Energy , marking a Chinese firm's first foray in the country's burgeoning coal-seam gas sector and sending Arrow's shares soaring by nearly half.



Source: Reuters: Business News | 8 Mar 2010 | 12:31 am

BNY Mellon Agrees to Acquire BHF Asset Servicing GmbH


Source: RSS feed - channel BNewsBusiness | 8 Mar 2010 | 12:30 am

UPDATE 1-UK's Pru speeds up Asia listing plan

* Says aiming for Hong Kong listing prior to rights issue
Source: RSS feed - channel BNewsBusiness | 8 Mar 2010 | 12:25 am

Fujitsu row over boss's departure

Shares in Fujitsu fall 2.7% due to a dispute with its former president over the reason for his resignation last year.
Source: BBC News | Business | World Edition | 8 Mar 2010 | 12:24 am

Greece won't need aid, central bank chief tells paper

BERLIN (Reuters) - Greece will not need foreign help to deal with its debt problems, central bank governor George Provopoulos said in a German newspaper interview released Monday.



Source: Reuters: Business News | 8 Mar 2010 | 12:16 am

Oz stocks: Market enjoys strong finish

The Australian share market closed at its highest level in just over six weeks, driven by a stronger materials and energy sector.It was the local market's seventh consecutive positive trading day.The benchmark S&P/ASX200 index...
Source: nzherald.co.nz - Business | 8 Mar 2010 | 12:07 am

ARCADIS Subsidiary RTKL Wins Design for Large Shanghai Medical Complex


Source: RSS feed - channel BNewsBusiness | 8 Mar 2010 | 12:00 am

Top Oscars go to ‘Hurt Locker’

James Cameron’s Avatar loses out to a gritty Iraq war drama in the 82nd Academy Awards as The Hurt Locker scoops six Oscars, including best picture and best director for Kathryn Bigelow
Source: Financial Times - US homepage | 7 Mar 2010 | 11:56 pm

Talk of China giving up on dollar is nonsense: banker

BEIJING (Reuters) - Any speculation that China might stop supporting the dollar in the next few years is absolute nonsense, a top state banker said.



Source: Reuters: Business News | 7 Mar 2010 | 11:55 pm

UPDATE 1-Market Chatter -- Corporate finance press digest

BANGALORE, March 8 (Reuters) - The following corporate finance-related stories were reported by media on Monday:
Source: RSS feed - channel BNewsBusiness | 7 Mar 2010 | 11:53 pm

UPDATE 1-Market Chatter -- Corporate finance press digest

BANGALORE, March 8 (Reuters) - The following corporate finance-related stories were reported by media on Monday:
Source: RSS feed - channel BNewsBusiness | 7 Mar 2010 | 11:53 pm

China central bank chief: Yuan policy to change

Chinese central bank Gov. Zhou Xiaochuan reportedly says China will eventually move away from its current currency-exchange policy, but signs suggest Beijing won't allow the yuan to rise anytime soon.



Source: MarketWatch.com - Top Stories | 7 Mar 2010 | 11:47 pm

Cellcom Israel Announces a Purported Class Action Filed Against the Company


Source: RSS feed - channel BNewsBusiness | 7 Mar 2010 | 11:46 pm

Pvt equity firm CCMP Capital to buy Infogroup-WSJ

March 8 (Reuters) - Private equity firm CCMP Capital has agreed to buy data and marketing services company Infogroup Inc for about $460 million, the Wall Street Journal said, citing people familiar with...
Source: RSS feed - channel BNewsBusiness | 7 Mar 2010 | 11:39 pm

Younger workers hit hardest by the recesssion, says think tank

The Resolution Foundation says that those aged between 25 and 34 have been worst hit by the recession.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Mar 2010 | 11:37 pm

NZ stocks: Flat start to week

Surging share prices in the United States on Friday translated into only a minor gain on the New Zealand sharemarket today.The benchmark NZX-50 index closed up 8.172 points at 3222.815. It was the ninth consecutive rise in the...
Source: nzherald.co.nz - Business | 7 Mar 2010 | 11:31 pm

Citigroup exec to join Morgan Stanley: report

(Reuters) - Gary Shedlin, who was most recently chairman of Citigroup's investment banking effort for financial institutions, focusing on client relationships, is departing to join Morgan Stanley , Bloomberg said citing a person with knowledge of the matter.



Source: Reuters: Business News | 7 Mar 2010 | 11:23 pm

Senators wrestle with Fed bank oversight issues

WASHINGTON (Reuters) - The Federal Reserve could retain oversight of large bank holding companies under a scaled-back regulatory reform plan being considered by key senators, but important questions remained unanswered, lobbyists said on Sunday.



Source: Reuters: Business News | 7 Mar 2010 | 11:12 pm

Web stocks still well below their bubble-era highs

A certain class of investors might be forgiven for still feeling burned by the dot-com bubble -- even after a decade has passed.



Source: MarketWatch.com - Top Stories | 7 Mar 2010 | 11:04 pm

FDIC prodding pension funds to invest in failed banks: report

(Reuters) - U.S. regulators are encouraging public pension funds that control more than $2 trillion to inject capital directly into the banking system by buying failed lenders, Bloomberg said, citing people briefed on the matter.



Source: Reuters: Business News | 7 Mar 2010 | 11:02 pm

Economists see Fed rate hike in 6 months

WASHINGTON (Reuters) - Most U.S. business economists expect the Federal Reserve to raise benchmark interest rates within six months by between a quarter and a half percentage point, according to a survey released on Monday.



Source: Reuters: Business News | 7 Mar 2010 | 10:56 pm

'Hurt Locker' wins best picture, best director

'The Hurt Locker,' a small, independent war drama that hasn’t reached its production budget in domestic receipts, goes up against box-office monster 'Avatar' and wins best picture, along with five other Academy Awards.



Source: MarketWatch.com - Top Stories | 7 Mar 2010 | 10:43 pm

(AP)

AP - Defense Sec. Gates in Afghanistan to meet with military commanders.
Source: Yahoo! News: Stock Markets News | 7 Mar 2010 | 10:32 pm

Kraft under probe over Cadbury deal in UK: report

(Reuters) - Kraft Foods Inc is being investigated by U.K. regulators on whether the company misled employees and investors in its battle to take over British firm Cadbury, the Wall Street Journal said, citing people familiar with the matter.



Source: Reuters: Business News | 7 Mar 2010 | 10:31 pm

Mutual Understanding: Former Internet-fund stars 10 years after the bust

They were masters of a parallel universe, the soul-mates of a new technology. Then the real world intruded on mutual fund managers who'd been Poseidons astride the Internet-stock wave.



Source: MarketWatch.com - Top Stories | 7 Mar 2010 | 10:01 pm

10 Things Your Credit-Card Company Won't Tell You (10 Things)

Despite the new credit-card rules, loopholes and pitfalls still exist.



Source: SmartMoney.com | 7 Mar 2010 | 10:00 pm

As Earnings Improve, Recovery Blooms (Pundit Watch)

Pundits say corporate results now critical to rebound.



Source: SmartMoney.com | 7 Mar 2010 | 10:00 pm

The Lowdown on the Appliance Rebate (Deal of the Day)

Appliance makers get a boost from a government rebate, but you can benefit, too.



Source: SmartMoney.com | 7 Mar 2010 | 10:00 pm

5 Metro Areas on the Real Estate Mend

Bright spots ride boosts from tech, aerospace?and a nuclear cleanup.



Source: SmartMoney.com | 7 Mar 2010 | 10:00 pm

Bounce Back: Winning Stocks of Recovery (On the Street)

Which firms have risen the most since the market low a year ago?



Source: SmartMoney.com | 7 Mar 2010 | 10:00 pm

Rethinking Your Gut (The New Retirement)

When it comes to managing money, new research shows our instincts often lead us astray.



Source: SmartMoney.com | 7 Mar 2010 | 10:00 pm

Freeman resigns from SkyCity board

Sky City Entertainment said Jane Freeman has resigned as a director of the company.Freeman, who joined the board in early 2008, cited personal reasons for her departure."Jane has made a valuable contribution to the board,...
Source: nzherald.co.nz - Business | 7 Mar 2010 | 8:49 pm

MetLife set to buy AIG's Alico unit: sources

NEW YORK (Reuters) - AIG was closing in on a deal on Sunday to sell its foreign life insurance unit to MetLife Inc for about $15.5 billion in cash and stock, leaving it with a substantial minority stake in MetLife, sources familiar with the matter said.



Source: Reuters: Business News | 7 Mar 2010 | 8:39 pm

Regions outspending the big centres, say eftpos stats

Consumers in regional centres are outspending those in the main centres, according to figures from leading Eftpos provider Paymark.The figures from Paymark - which processes over 75 per cent of all electronic transactions in the...
Source: nzherald.co.nz - Business | 7 Mar 2010 | 8:15 pm

Shell and PetroChina offer to buy Australian Arrow

Royal Dutch Shell and PetroChina have underlined their desire to be big players in Australia’s coal-bed methane gas sector after making a joint offer thought to be worth at least A$3.7bn for Arrow Energy
Source: Financial Times - US homepage | 7 Mar 2010 | 7:46 pm

What recall? Toyota goes on China sales drive

SHANGHAI - Toyota has launched new promotions in China, fighting to keep sales in the world's car biggest market on track after its reputation was dented by a slew of recalls.The 75,522 RAV4 sport-utility vehicles recalled by...
Source: nzherald.co.nz - Business | 7 Mar 2010 | 7:00 pm

Belgravia square tops homes list

The housing market may have been fluctuating, but the most exclusive street in England and Wales remains unchanged.
Source: BBC News | Business | World Edition | 7 Mar 2010 | 6:57 pm

Probe halts pub development plan

Plans by the UK's biggest pub company to convert a community pub into a housing development are halted following a BBC investigation.
Source: BBC News | Business | World Edition | 7 Mar 2010 | 6:55 pm

Balance finances sooner, says CBI

The CBI is urging ministers to deliver a "convincing" plan for balancing public finances by 2016, earlier than planned.
Source: BBC News | Business | World Edition | 7 Mar 2010 | 6:53 pm

Aim groups point to a thaw in the IPO market

Emis, the healthcare software provider, on Monday starts doing the rounds of institutions in the City in preparation for a 200m ($303m) flotation seeking to raise 50m on Aim later this month. This...
Source: RSS feed - channel BNPaperBusiness | 7 Mar 2010 | 6:41 pm

Europe set to establish monetary fund to aid stability

European governments, led by France and Germany, are set to establish a European Monetary Fund, or EMF, with the aim of reducing economic instability across the eurozone by creating an institution to bail out indebted countries.


Source: Latest Business News from Times Online | 7 Mar 2010 | 5:48 pm

Firms 'miss out on female talent'

The world's leading companies are failing to make the most of their female workforce, a World Economic Forum report says.
Source: BBC News | Business | World Edition | 7 Mar 2010 | 5:47 pm

Home building up 7.4pc in December

The seasonally adjusted volume of residential building activity rose 7.4 per cent in the December quarter, while non-residential volume fell 6.1 per cent.That left the seasonally adjusted change in the volume of all building work...
Source: nzherald.co.nz - Business | 7 Mar 2010 | 5:30 pm

Signs Of Intelligent Life At Coca-Cola (KO)

Not many company boards admit when their CEO had a bad year and needs a cut in pay. The Coca-Cola (KO) board decreased chief Mahtar Kent’s total compensation to $18.8 million from $22.4 million in 2008. The packages of the other top four managers at KO also fell. Coke’s stock has not outperformed Pepi’s this year. There was [...]

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Source: 24/7 Wall St. | 7 Mar 2010 | 5:28 pm

Europe ready to help Greece 'if necessary': Sarkozy (AFP)

french=AFP - European governments are ready to help Greece pull itself out of its financial crisis "if necessary", French President Nicolas said Sunday following talks with the Greek prime minister.



Source: Yahoo! News: Business News | 7 Mar 2010 | 5:25 pm

‘Reasonable’ Darling offers cold comfort to Iceland creditors

Alistair Darling has said it was likely to be “many, many years” before Britain was repaid the £2.3 billion it is owed by Iceland after the collapse of Icesave.


Source: Latest Business News from Times Online | 7 Mar 2010 | 5:01 pm

IG Group connects to BATS Europe

IG Group, the spread betting company, is to offer its customers access to share trading on BATS Europe, one of a handful of alternative trading platforms that have sprung up to challenge the London...
Source: RSS feed - channel BNPaperBusiness | 7 Mar 2010 | 5:01 pm

Gang targets €4.6 million poker game

A gang armed with machineguns, grenades and machetes made off with an estimated €250,000 (£225,000) after storming a poker tournament in Berlin.
Source: Latest Business News from Times Online | 7 Mar 2010 | 5:01 pm

Alistair Darling clashes with City over ‘leisurely approach’ to Budget

Alistair Darling is at loggerheads with business leaders because of his perceived “leisurely” approach to the final Budget before the election.
Source: Latest Business News from Times Online | 7 Mar 2010 | 5:01 pm

Santander leads race for £4bn RBS branches

Santander has moved into pole position to take over the 320 branches in England being sold by Royal Bank of Scotland.


Source: Latest Business News from Times Online | 7 Mar 2010 | 5:01 pm

Chester Square, Britain's most expensive address

There is one well-appointed corner of the property market where prices remain determinedly upwardly mobile. In the plush confines of prime Central London, the average property value is £5,545,900, up from £4,851,582 last year.
Source: Latest Business News from Times Online | 7 Mar 2010 | 5:01 pm

BT turns tables on Virgin in cable ducts fight

BT is demanding that Virgin Media opens its network of underground pipes to rivals.
Source: Latest Business News from Times Online | 7 Mar 2010 | 5:01 pm

What next for Beijing bubble?

In Changsha, Changchun and Shenyang, brand-conscious shoppers have a choice of Cartier, Gucci and Louis Vuitton stores. For some economists, this makes China the greatest investment story on Earth; others see financial crisis in months.
Source: Latest Business News from Times Online | 7 Mar 2010 | 5:01 pm

Manufacturing sales off nine-year low

Manufacturing sales volumes rose 3.1 per cent in the December quarter, led by meat and dairy and other food-related industries.The rise in manufacturing volumes was off a nine-year low in the September quarter, with volume increases...
Source: nzherald.co.nz - Business | 7 Mar 2010 | 5:00 pm

Modest early gain on NZ sharemarket

Surging share prices in the United States translated into only a minor gain in this country when the New Zealand sharemarket opened for the week.After eight successive trading days of gains, the benchmark NZX-50 was up 3.23 points...
Source: nzherald.co.nz - Business | 7 Mar 2010 | 4:04 pm

PIBS bond holders to miss out on compensation

Around 2,000 retired investors are being denied compensation from the Government for the losses sustained when Bradford & Bingley was nationalised.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Mar 2010 | 3:36 pm

Babcock still in hunt for VT in spite of share pressure

Babcock is pressing ahead with its takeover of VT despite a drop in its shares that has left the market value of the predator below that of its prey.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Mar 2010 | 3:34 pm

Foxtons comes clean on £218m loss after buy-out

Foxtons, the estate agents, has finally revealed a £218m loss in its latest accounts filing, after struggling under a mountain of debt created by its private equity buy-out in May 2007.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Mar 2010 | 3:31 pm

Big bank oversight to stay with Fed

Banks with more than $100bn of assets will be overseen by the US Federal Reserve under a regulatory reform plan that represents a partial victory for the central bank after months of attacks in Congress
Source: Financial Times - US homepage | 7 Mar 2010 | 3:30 pm

Markets discount rate rise for now

Financial markets expect a "so far, so good" monetary policy statement from the Reserve Bank on Thursday which reaffirms its intention to start raising the official cash rate around the middle of the year.Since late last year...
Source: nzherald.co.nz - Business | 7 Mar 2010 | 3:30 pm

Heartland deal signals new TV scene

Television New Zealand's exclusive deal for the "Heartland" channel on pay TV signals a wider and significant change in the media landscape.The key free-to-air broadcaster is bypassing the digital free-to-air network Freeview.TVNZ...
Source: nzherald.co.nz - Business | 7 Mar 2010 | 3:30 pm

3-D gives 'Alice in Wonderland' an extra jolt at the box office

The format is proving red-hot in 2010. In a sign that "Avatar" may be the progenitor of a new wave of successful 3-D tent-pole movies, "Alice in Wonderland" this weekend posted a $210.3-million opening driven largely by 3-D.



Source: L.A. Times - Business | 7 Mar 2010 | 3:29 pm

Traders cut Iran petrol line as pressure grows

Big traders have quietly ended sales to the Islamic Republic in a clear sign that the threat of sanctions and Washington’s behind-the-scenes efforts to convince companies not to sell to Tehran are paying off
Source: Financial Times - US homepage | 7 Mar 2010 | 3:23 pm

Wealth workout: the best savings deals

Savers need to look beyond the big high street banks.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Mar 2010 | 3:06 pm

The upside of having a mortgage in retirement

Paying off a mortgage before retirement is not always the best idea.
Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 7 Mar 2010 | 3:06 pm

Bulls may run more from March 2009 lows

NEW YORK (Reuters) - Bulls may get more room to run this week on the anniversary of the March 2009 lows -- if U.S. stock investors see more signs of stability after Friday's rally on smaller-than-expected job losses.



Source: Reuters: Business News | 7 Mar 2010 | 3:06 pm

Sarkozy to 'speculators': Lay off Greece (AP)

Greek Prime Minister George Papandreou addresses the media after a meeting with German Chancellor Angela Merkel at the chancellery in Berlin, Friday, March 5, 2010. Papandreou met with Merkel on Friday to discuss the current financial crisis in Greece. (AP Photo/Markus Schreiber)AP - Speculators beware: The euro zone's biggest powers will back Greece through the debt crisis that has jeopardized all 16 nations in the common currency, French President Nicolas Sarkozy said Sunday.



Source: Yahoo! News: Business News | 7 Mar 2010 | 2:57 pm

Congress waffles on Wall Street crackdown


Source: Business and financial news - CNNMoney.com | 7 Mar 2010 | 2:01 pm

Democrats hunt for healthcare reform votes

Democrats do not have a firm grip on the votes needed to pass sweeping healthcare reform legislation in the House of Representatives, one House leader admitted
Source: Financial Times - US homepage | 7 Mar 2010 | 1:55 pm

50 Most Admired Companies

Which companies have the best reputations? Apple tops the list for the third year in a row. See who else made Fortune's list this year.
Source: Business and financial news - CNNMoney.com | 7 Mar 2010 | 1:54 pm

Eurozone eyes IMF-style fund

Germany and France are planning to launch a sweeping new initiative to reinforce economic co-operation and surveillance within the monetary union, including the establishment of a European Monetary Fund
Source: Financial Times - US homepage | 7 Mar 2010 | 1:39 pm

STIMULUS WATCH: Less stimulus for minority firms (AP)

In this  Tuesday, Feb. 16, 2010 photo William Holley of Holley Enterprises Inc. poses for a photograph at in Philadelphia. Holley was subcontracted by James J. Anderson Construction to perform demolition and salvage operations on a subway station repair project in Philadelphia.  (AP Photo/Matt Rourke)AP - Hispanic and black businesses are receiving a disproportionately small number of federal stimulus contracts, creating a rising chorus of demands for the Obama administration to be more inclusive and more closely track who receives government-financed work.



Source: Yahoo! News: Business News | 7 Mar 2010 | 1:31 pm

Summary Box: Dollar, stock relationship ending (AP)

AP - THE BREAKUP: During last year's big market rally, the dollar consistently fell on days when stocks rose, and vice versa. That hasn't been the case in the past three months.
Source: Yahoo! News: Stock Markets News | 7 Mar 2010 | 12:29 pm

Beijing studies severing peg to US dollar

The governor of China’s central bank calls the policy of pegging the value of the renminbi to the dollar temporary and part of the country’s package of measure to deal with the financial crisis
Source: Financial Times - US homepage | 7 Mar 2010 | 12:24 pm

Relationship over? Dollar, stocks break up (AP)

AP - The relationship between the dollar and stocks that helped define last year's stock market rally is over.
Source: Yahoo! News: Stock Markets News | 7 Mar 2010 | 12:23 pm

Essar Group eyes $3bn London listing

Essar Group is considering raising up to $3bn from listing its oil and power assets on the London Stock Exchange in order to finance the Indian conglomerate’s energy expansion plans
Source: Financial Times - US homepage | 7 Mar 2010 | 12:10 pm

Bulls may run more from March 2009 lows (Reuters)

FILE -In this file photo of March 9, 2009, Nicholas Brigandi, center, of NYSE Euronext helps direct trading in shares of Merck & Co. on the floor of the New York Stock Exchange. If you're confused about the outlook for the economy and the stock market, then you've got good company —  the Wall Street economists and strategists who are supposed to have this all figured out.(AP Photo/Henny Ray Abrams, file)Reuters - Bulls may get more room to run this week on the anniversary of the March 2009 lows -- if U.S. stock investors see more signs of stability after Friday's rally on smaller-than-expected job losses.



Source: Yahoo! News: Stock Markets News | 7 Mar 2010 | 9:13 am

The Unusual Suspects (HRB, TIVO, AAPL, AMLN, LLY, ALKS, PCX, BCE, MBT, QCOM, ZANE)

This week’s list of UNUSUAL SUSPECTS for stocks to watch is actually much different from what we have seen in other reports.  Earnings season is finally over, so we only have two earnings we gave previews and color in for H&R Block Inc. (NYSE: HRB) and Tivo Inc. (NASDAQ: TIVO).  Apple Inc. (NASDAQ: AAPL) has [...]

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Source: 24/7 Wall St. | 7 Mar 2010 | 8:13 am

Toyota (TM) Owners Don’t Care About Recalls

The Toyota brand may be much more resilient than most experts would ever have imagined. That is bad new for its primary competitors in the US market–GM, Ford (F), Chrysler, Honda (HMC), and Nissan. A new study from Rice University’s Jesse H. Jones Graduate School of Business which questioned 455 current Toyota owners found  that “the [...]

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Source: 24/7 Wall St. | 7 Mar 2010 | 7:18 am

CEO Left Out Of Bonus Bonaza For GE (GE) Execs

Jeff Immelt, GE’s Chairman and CEO did not take a bonus for 2009. That did not keep the rest of the conglomerate’s management from becoming richer. Immelt collected a base salary of $3.3 million which is the same as it was for 2007 and 2008. Keith Sherin, GE’s CFO, received an extraordinary $14 million in compensation last year. [...]

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Source: 24/7 Wall St. | 7 Mar 2010 | 5:33 am