|
|
|
|
Indications: Stock futures up ahead of Caterpillar earningsU.S. stock futures trade marginally higher on Monday, as investors display caution after last week’s strong gains and ahead of a key earnings report by Caterpillar Inc.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 4:09 am Best Buy vows UK success; Carphone ups profit viewLONDON (Reuters) - Best Buy , the world's No.1 electricals retailer, will do whatever it takes to succeed in the UK, joint venture partner Carphone Warehouse said as it raised profit forecasts for the third time in six months.
Source: Reuters: Business News | 26 Apr 2010 | 4:06 am Best Buy vows UK success; Carphone ups profit view (Reuters)
Source: Yahoo! News: Business News | 26 Apr 2010 | 4:06 am Nikkei jumps 2.3% on yen boost to lead AsiaMost Asian markets climb Monday, with Japanese exporters posting handsome gains on the yen’s recent fall and energy sector shares rallying as crude-oil prices stay at elevated levels.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 4:05 am FTSE surges at start of trade (AFP)
Source: Yahoo! News: Stock Markets News | 26 Apr 2010 | 4:01 am Does Amazon need to stick with the Kindle?With the Apple iPad having launched earlier this month, Amazon.com is expected to face its heaviest competition yet in the market for e-books that the company helped to pioneer with its own Kindle device.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 4:00 am Chloride rejects £723m Emerson Electric approachChloride Group, the British power protection firm, has rejected a £723m, 275p-a-share hostile approach from Emerson Electric, the giant US manufacturer.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 3:57 am Oil’s Next Big SurgeCrude oil prices are back above $85 and seem ready to breach $90. The leg from $69 to $85 which began in February had hit a plateau, but optimism about the global economic recovery is likely to continue as its pace of the recovery in the developed world quickens. The World Bank revised its estimate of [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Apr 2010 | 3:55 am Canon raises 2010 outlook on digicams, printersTOKYO (Reuters) - Japan's Canon Inc raised its annual outlook closer to market expectations on Monday after robust demand for digital cameras and printers powered up its quarterly profit by more than fourfold.
Source: Reuters: Business News | 26 Apr 2010 | 3:40 am Canon raises 2010 outlook on digicams, printers (Reuters)
Source: Yahoo! News: Business News | 26 Apr 2010 | 3:40 am Germany's CDU keeps pressure on Greece over aidBERLIN (Reuters) - German Chancellor Angela Merkel's ruling coalition will back Greek aid because the euro's future is at stake, but Greece must first prove it is tackling its budget deficit, a senior official in her party said.
Source: Reuters: Business News | 26 Apr 2010 | 3:39 am Hertz to buy Dollar Thrifty for $1.2 billionBANGALORE (Reuters) - U.S. car rental firm Hertz Global Holdings Inc had agreed to buy smaller rival Dollar Thrifty Automotive Group Inc for about $1.2 billion to boost its presence in the leisure rental market.
Source: Reuters: Business News | 26 Apr 2010 | 3:38 am 24/7 Wall St.’s Corporate Power Rankings: Week 15The 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 change, and credible rumors. It is, in effect, a new version of the DJIA. The Corporate Power Rankings are released at [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Apr 2010 | 3:37 am Stock futures signal gains; Caterpillar eyed(Reuters) - Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.16 percent, Dow Jones futures up 0.16 percent and Nasdaq 100 futures up 0.1 percent at 5:06 a.m. ET.
Source: Reuters: Business News | 26 Apr 2010 | 3:35 am Stock futures signal gains; Caterpillar eyed (Reuters)
Source: Yahoo! News: Stock Markets News | 26 Apr 2010 | 3:35 am Investors still nervous on GreeceInvestors remain nervous over plans to rescue the Greek economy, despite indications of progress on bail-out talks.Source: BBC News | Business | World Edition | 26 Apr 2010 | 3:32 am US optimism boosts boursesOptimism over the US economy encouraged traders to pick up risky assets on MondaySource: Financial Times - US homepage | 26 Apr 2010 | 3:31 am Redrow forecasts return to profitHousing stocks rise after Redrow, one of the UK's largest housebuilders, says it will return to profit.Source: BBC News | Business | World Edition | 26 Apr 2010 | 3:27 am China: Technology Thieves AgainChina’s tech pirates are at it again. Merchants in the People’s Republic are selling knock-of versions of the Apple (NASDAQ: AAPL) iPad, Reuters reports. They look a bit different from the original but will certainly cut somewhat into sales for the device when Apple officially launches it in China. And, government officials don’t seem to care [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Apr 2010 | 3:26 am Oil price not hampering economic recovery: Kuwait (AFP)
Source: Yahoo! News: Business News | 26 Apr 2010 | 3:19 am My recession is over!The unemployment rate is holding steady and the country is debating whether recovery has begun, but for these families the recession is finally over.Source: Business and financial news - CNNMoney.com | 26 Apr 2010 | 3:19 am Roth conversions: Beware the hypeSince the ban on converting to a Roth IRA by folks making more than $100,000 was lifted this year, the buzz surrounding conversions has been deafening.Source: Business and financial news - CNNMoney.com | 26 Apr 2010 | 3:14 am Debt panel: 'Everything's on the table'An 18-member team created by executive order by President Obama will start trying to crack the nation's biggest money problems on Tuesday.Source: Business and financial news - CNNMoney.com | 26 Apr 2010 | 3:07 am World markets rise after Greece asks for bailout (AP)
Source: Yahoo! News: Business News | 26 Apr 2010 | 3:06 am World markets rise after Greece asks for bailout (AP)
Source: Yahoo! News: Stock Markets News | 26 Apr 2010 | 3:06 am London Markets: Banks, miners lift British shares to sharp gainsStocks in the U.K. are helped by strong gains for banks and commodity-sector firms, as worries about a restructuring of Greece’s debt ease.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 3:00 am Hertz buying Dollar Thrifty for $1.2 billionHertz is buying Dollar Thrifty in a $1.2 billion deal that combines two of the most prominent players in the car rental business.Source: Business and financial news - CNNMoney.com | 26 Apr 2010 | 2:57 am Farepak savers to receive 15p in the poundFarepak customers are to receive an estimated 15p for every pound they lost in the collapse of the Christmas savings club in 2006.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 2:56 am Oil above $85 on signs US economy improving (AP)
Source: Yahoo! News: Business News | 26 Apr 2010 | 2:55 am Senate nears Wall Street bill showdownSeveral sticking points need to be hammered out if Senate leaders are to succeed in bringing a compromise Wall Street reform bill to the floor this week.Source: Business and financial news - CNNMoney.com | 26 Apr 2010 | 2:52 am Did the bank stress tests work?Stressed might be about the last word used to describe the banking industry these days.Source: Business and financial news - CNNMoney.com | 26 Apr 2010 | 2:51 am Bank of Ireland raising $4.6 bln to boost capitalMove will boost the bank's capital levels while keeping the state as a minority investor.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 2:33 am Digital visionRussia plans to create its own Silicon ValleySource: BBC News | Business | World Edition | 26 Apr 2010 | 2:32 am Bank of Ireland reveals plans for €3.4bn fundraising to limit state ownershipBank of Ireland today launched plans for a €3.4 billion fund raising which it said would help to limit the scale of state ownership. Source: Latest Business News from Times Online | 26 Apr 2010 | 2:31 am Redrow sells more homes, expects to return to profit in second halfRecrow, the housebuilder, expects to return to profitability in the second half as it sells more homes against challenging market conditions in 2010.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 2:29 am Germany prepares legislation for Greek aid package (AP)AP - Government officials say Germany is starting to lay the legal ground for its contribution to the financial aid package for debt-laden Greece.Source: Yahoo! News: Business News | 26 Apr 2010 | 2:28 am UK Coal losses rise to £129.1m as production fallsPre-tax losses at UK Coal, Britain's largest coal miner, widened last year after output problems at its underground mines and a fall in coal prices.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 2:24 am Goldman's "Fabulous" Fab's conflicted love lettersNEW YORK/WASHINGTON (Reuters) - Fabrice Tourre and his girlfriend talked like a couple very much in love.
Source: Reuters: Business News | 26 Apr 2010 | 2:24 am Emerson offers $1.1 billion for Chloride GroupThe offer to buy U.K.-based Chloride is a move to bolster Emerson's position in Europe.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 2:14 am TomTom shares rally after firm swings to profitShares of TomTom N.V. rally as the Dutch producer of navigation devices returned to profitability in the first quarter and affirmed its full-year guidance.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 2:11 am Carphone raises profit forecastMobile phone retailer Carphone Warehouse raises its full-year profit forecast for the third time in six months.Source: BBC News | Business | World Edition | 26 Apr 2010 | 2:08 am Currencies: Dollar slips in Asian trading, but gains on yenThe dollar slips against most major counterparts in Asian trading Monday, gaining only on its Japanese counterpart, as a good day for Asian equities decreases the safe-haven appeal of lower-yielding currencies.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 2:06 am BP calls on second rig to contain major oil spill in Gulf of MexicoBP was today towing a second drilling rig into position as it battled to contain a major oil slick in the Gulf of Mexico. Source: Latest Business News from Times Online | 26 Apr 2010 | 2:05 am Europe Markets: Greece, corporate news helps Europe to sharp gainsEuropean shares jump, with banks among the strongest performers after Greece says that it won’t restructure its debt.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 2:01 am Stocks face headwindsStocks have been on a tear, with the Dow industrials rising for eight straight weeks, the longest winning streak in six years. But with a slew of quarterly reports and a Fed meeting on tap, another up week could be tough.Source: Business and financial news - CNNMoney.com | 26 Apr 2010 | 1:59 am Economists: The stimulus didn't helpThe recovery is picking up steam as employers boost payrolls, but economists think the government's stimulus package and jobs bill had little to do with the rebound, according to a survey released Monday.Source: Business and financial news - CNNMoney.com | 26 Apr 2010 | 1:59 am Media Digest 4/26/2010 Reuters, WSJ, NYTimes, FT, BloombergReuters: Germany’s ruling party is keeping pressure on Greece to restructure debt. Reuters: The growth forecasts of the G20 do not make economic sense. Reuters: Oil moved higher on strong economic numbers. Reuters: The Fed is likely to extend the period during which it will keep rates low. Reuters: Bootlegged versions of the Apple Inc [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 26 Apr 2010 | 1:58 am Greek aid depends on budget cut plansGreece has been told to produce detailed plans this week to meet budget deficit reduction targets in 2011 and 2012, as well as this year, before it can qualify for a rescue package from the International Monetary Fund and fellow eurozone membersSource: Financial Times - US homepage | 26 Apr 2010 | 1:43 am Better Place launches Tokyo-taxi electric-car testBetter Place, the California company developing a network of electric cars and battery-switching stations, begins a test of its system with Tokyo's largest taxi operator, Nihon Kotsu, in partnership with Japan's Ministry of Economy, Trade and Industry.
Source: MarketWatch.com - Top Stories | 26 Apr 2010 | 1:40 am Bank of Ireland unveils cash planBank of Ireland announces plans to raise 3.4bn euros (£2.9bn; $4.5bn) in order to help its recovery from the financial crisis.Source: BBC News | Business | World Edition | 26 Apr 2010 | 1:32 am Emergency loans likely for Greece, official says (AP)
Source: Yahoo! News: Business News | 26 Apr 2010 | 1:32 am Emerson Electric in £723m hostile approach for Chloride GroupChloride Group, the British power protection firm, has received an £723m, 275p-a-share hostile bid approach from Emerson Electric, the giant US manufacturer.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 1:29 am General Election 2010: In this pensions mess, it's every man for himselfIt doesn't appear that pensions is high on the agenda this election.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 1:27 am Big pens breed chicken 'cannibalism' on egg farms (AP)
Source: Yahoo! News: Business News | 26 Apr 2010 | 1:23 am Indian cricket suspends IPL chiefIndia's cricket board suspends IPL chief Lalit Modi over corruption allegations in the worst crisis in the Indian game since 2000.Source: BBC News | Business | World Edition | 26 Apr 2010 | 1:15 am Democrats willing to test GOP in Wall St. showdown (AP)
Source: Yahoo! News: Business News | 26 Apr 2010 | 1:07 am Business Bullet: Asia, Greece, Diamonds, UK CoalThe latest news on: Asia, Greece, Diamonds, UK CoalSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 1:07 am CKE, parent of Carl's Jr., accepts buyout offer from Apollo ManagementThe $12.55-a-share deal could be the first of a series of restaurant chain sales as the industry's outlook improves.After debating competing buyout offers, the parent company of the Carl's Jr. hamburger chain said it would be acquired by an affiliate of Apollo Management, spurning an earlier suitor.
Source: L.A. Times - Business | 26 Apr 2010 | 1:00 am April jobs report could rattle stock marketHiring will come, but only gradually, analysts say. The concern here is that investors may be so impressed by earnings, they'll get overconfident about employment. ...Source: RSS feed - channel BNPaperBusiness | 26 Apr 2010 | 1:00 am Remodeling projects are making a comebackWith the economy improving and retailers and contractors still offering good deals, many Southern Californians are sprucing up their homes’ appearance and value.Spring cleaning is turning into spring remodeling this year for many homeowners.
Source: L.A. Times - Business | 26 Apr 2010 | 1:00 am Keep spending in check to help stay current on loan paymentsDear Karen: What's the best way to stay current on loan payments?
Source: L.A. Times - Business | 26 Apr 2010 | 1:00 am Schwab case shows pain of a bond market's collapse on small investors250,000 individuals say they lost up to $800 million through the brokerage's YieldPlus fund when the bottom fell out of the market for mortgage-tied bonds.As the government's lawsuit against Goldman Sachs Group Inc. over mortgage-backed securities stirred an uproar, a case with a lower profile showed the pain that some small investors suffered in the collapse of the market for bonds tied to home loans.
Source: L.A. Times - Business | 26 Apr 2010 | 1:00 am In China, real estate fever is risingThe country is treading dangerously close to a full-blown property bubble, economists say, and the industrial outpost of Hefei represents China’s embrace of housing to fuel economic growth.Hundreds of miles inland from the booming real estate markets of Beijing and Shanghai, an unlikely property fever is gripping this middling industrial outpost.
Source: L.A. Times - Business | 26 Apr 2010 | 1:00 am CKE, parent of Carl's Jr., accepts buyout offer from Apollo ManagementThe $12.55-a-share deal could be the first of a series of restaurant chain sales as the industry's outlook improves. ...Source: RSS feed - channel BNPaperBusiness | 26 Apr 2010 | 1:00 am More SBA loans issued in Southern CaliforniaSince last spring, more Southern California businesses have received SBA-backed loans, thanks to new incentives provided by the federal government.Small-business lending across the nation remains slow, but a welcome thaw seems to be underway in Southern California — at least when those loans come with backing from the federal Small Business Administration.
Source: L.A. Times - Business | 26 Apr 2010 | 1:00 am Remodeling projects are making a comebackWith the economy improving and retailers and contractors still offering good deals, many Southern Californians are sprucing up their homes’ appearance and value. ...Source: RSS feed - channel BNPaperBusiness | 26 Apr 2010 | 1:00 am Keep spending in check to help stay current on loan paymentsDear Karen: What's the best way to stay current on loan payments?Source: RSS feed - channel BNPaperBusiness | 26 Apr 2010 | 1:00 am More SBA loans issued in Southern CaliforniaSince last spring, more Southern California businesses have received SBA-backed loans, thanks to new incentives provided by the federal government. ...Source: RSS feed - channel BNPaperBusiness | 26 Apr 2010 | 1:00 am Rental car costs fall in Los AngelesPrices have dropped 25% in the last year, according to a Business Travel News annual survey. Los Angeles is a...Source: RSS feed - channel BNPaperBusiness | 26 Apr 2010 | 1:00 am Schwab case shows pain of a bond market's collapse on small investors250,000 individuals say they lost up to $800 million through the brokerage's YieldPlus fund when the bottom fell out of the market for mortgage-tied bonds. ...Source: RSS feed - channel BNPaperBusiness | 26 Apr 2010 | 1:00 am In China, real estate fever is risingThe country is treading dangerously close to a full-blown property bubble, economists say, and the industrial outpost of Hefei represents China’s embrace of housing to fuel economic growth. ...Source: RSS feed - channel BNPaperBusiness | 26 Apr 2010 | 1:00 am April jobs report could rattle stock marketHiring will come, but only gradually, analysts say. The concern here is that investors may be so impressed by earnings, they'll get overconfident about employment.Companies are pulling in big profits, but that doesn't mean they'll be quick to hire.
Source: L.A. Times - Business | 26 Apr 2010 | 1:00 am Rental car costs fall in Los AngelesPrices have dropped 25% in the last year, according to a Business Travel News annual survey.Los Angeles is a maddening labyrinth of freeways and streets, spread out over an area the size of a small European nation.
Source: L.A. Times - Business | 26 Apr 2010 | 1:00 am Dividend payments fall in first quarter of 2010UK stocks have paid out less in dividends so far this year.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 12:49 am UK Coal hit by fall in productionUK Coal announces increased losses of £129.1m for 2009, due to low coal prices and reduced production.Source: BBC News | Business | World Edition | 26 Apr 2010 | 12:42 am Ex-BA chiefs in court over BA-Virgin price-fixing chargesThree former British Airways executives and the firm's sales and marketing director will go on trial today over price fixing allegations.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 12:42 am Hertz to acquire rival Dollar ThriftyThe US car rental firm has agreed to buy its smaller competitor at a 6% premium on its equity value in a cash-and-stock deal that is expected to boost its international presenceSource: Financial Times - US homepage | 26 Apr 2010 | 12:41 am General Election 2010: businesses have their sayEvery day this week, James Hall will visit a marginal constituency to find out what businesses want from the election. His first stop is Battersea, London, where fruit and veg sellers are being strangled by tax but are divided over whether to back Cameron or Clegg.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 26 Apr 2010 | 12:35 am Toyota: global March sales up 26.3 percent on-year (AFP)
Source: Yahoo! News: Business News | 25 Apr 2010 | 11:26 pm Asian stocks rise after Greece asks for bailoutAsian stock markets pushed higher Monday after Greece requested a bailout to resolve the country's worsening debt crisis. Major markets were up by as much as 2 percent. The dollar...Source: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 11:06 pm Obama fulfills Cairo pledge with entrepreneur summitWASHINGTON (Reuters) - President Barack Obama launches a new effort on Monday to build business and social ties to the Muslim world, but analysts say the need for progress on big issues like Middle East peace will overshadow the initiative.
Source: Reuters: Business News | 25 Apr 2010 | 11:02 pm Oil above $85 on signs US economy improvingOil prices gained above $85 a barrel Monday in Asia as growing investor optimism about the U.S. economy boosted equity and commodity prices. Benchmark crude for May delivery was up 16...Source: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 10:56 pm Oil groups turn focus back to traditional fieldsALWYN PLATFORM, NORTH SEA (Reuters) - The six-meter high red, blue and gold ball recently painted on the side of the Alwyn alpha rig is the largest Total logo in the world -- a sign of Big Oil's growing focus on its heartlands.
Source: Reuters: Business News | 25 Apr 2010 | 10:25 pm Forecasters optimistic about economy, job creationEconomists are more optimistic about growth this year as industries increasingly report better profits and add new jobs, though they still expect the recovery to remain slow, a new survey...Source: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 10:23 pm More firms anticipate payrolls growthWASHINGTON (Reuters) - More U.S. companies plan to increase their work force over the next six months, a survey showed on Monday, which could lead to a stronger recovery.
Source: Reuters: Business News | 25 Apr 2010 | 10:19 pm CFTC gets political lift for energy position limit planWASHINGTON (Reuters) - Some of the biggest players in U.S. energy markets have told the Commodity Futures Trading Commission that its proposal to curb speculation is misguided and will drive investors to overseas and unregulated markets.
Source: Reuters: Business News | 25 Apr 2010 | 10:09 pm A Glass Half Full, Until Proven Half Empty (Pundit Watch)Jobs data, housing sales and earnings stoke hopes of a faster revival ? for now.
Source: SmartMoney.com | 25 Apr 2010 | 10:00 pm Should You Switch to Prepaid Phone Service? (Deal of the Day)Carriers offer more option, but savings may not add up.
Source: SmartMoney.com | 25 Apr 2010 | 10:00 pm How Your Health Insurance Will ChangeWhat consumers can expect depending on how they're covered now.
Source: SmartMoney.com | 25 Apr 2010 | 10:00 pm Bank of America nears decision on chairman: reportPHILADELPHIA (Reuters) - Bank of America Corp has narrowed the contenders for chairman to directors Frank Bramble and Charles Holliday, according to The Wall Street Journal.Source: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 8:47 pm Goldman Sachs emails reveal meltdown strategyGoldman Sachs has lifted the veil of secrecy surrounding its multibillion dollar trading in the mortgage market at the height of the credit crisis, giving a unique insight into the worldis most powerful investment bank and the controversial...Source: nzherald.co.nz - Business | 25 Apr 2010 | 8:30 pm Asian stock markets higher in early tradeAsian stocks moved higher in early trade Monday, after broad gains in the U.S. on Friday defied investors who have been predicting a fall in share prices. Japan's main benchmark, the...Source: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 8:05 pm Commission stops water filter sellers making false claimsThe Commerce Commission has gone to court to stop companies selling water filters door-to-door making false claims, including that tap water is dangerous and contains sewage.Three companies involved in selling 'Love Springs' branded...Source: nzherald.co.nz - Business | 25 Apr 2010 | 8:00 pm CNinsure Announces Cash DividendSource: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 8:00 pm Greece warns speculators as it races for bailoutGreece's resolute finance minister has warned investors that they would "lose their shirts" betting on the country's economic collapse, as he insisted a massive bailout would come in time...Source: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 7:47 pm Chavez says Venezuela GDP may shrink again in 2010CARACAS (Reuters) - Venezuela's economy could shrink for the second consecutive year in 2010, President Hugo Chavez said on Sunday, reversing an earlier forecast of growth in a sign the...Source: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 7:45 pm Nielsen to begin hiring bankers for IPO: reportPHILADELPHIA (Reuters) - Nielsen, the world's largest TV and consumer measurement company, plans to begin hiring bankers for its initial public offering, the Financial Times reported on...Source: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 7:30 pm Rugby World Cup tickets in high demandRugby World Cup organisers say more than 50,000 fans from 100 countries have pre-registered ahead of tomorrow's opening of on-line ticket applications.This includes 20,000 overseas fans across the world, living in countries such...Source: nzherald.co.nz - Business | 25 Apr 2010 | 7:30 pm No Anzac trading prosecutions, says Labour DeptThe Department of Labour will not prosecute against any retailers following Anzac Day trading.Department spokesman Colin Patterson said a high level of compliance meant no action would be taken against any of the retailers that...Source: nzherald.co.nz - Business | 25 Apr 2010 | 7:24 pm Mike Taylor: The hard truth about predictions and paper trades"I don't know - honest""I don't know where the market is going." I first heard this from a trader friend of mine when I quizzed him on the direction of crude oil futures. The conversation: Me: "So, Mark, is oil in a bubble,...Source: nzherald.co.nz - Business | 25 Apr 2010 | 7:00 pm Café culture - what's acceptable?The term "café culture" has a particular meaning within the urban dictionary. It is intended to refer to the culture of visiting cafes, for coffee, brunch or lunch, and partaking in the seeing and being seen at the popular venues...Source: nzherald.co.nz - Business | 25 Apr 2010 | 6:30 pm Securities Commission member resignsSecurities Commission member Elizabeth Hickey has tendered her resignation after nearly two years in the job, Commerce Minister Simon Power announced today.Hickey's resignation takes effect from the end of the month. Power...Source: nzherald.co.nz - Business | 25 Apr 2010 | 6:21 pm PBOC can't hit both inflation and yuan goals: adviserBEIJING (Reuters) - The People's Bank of China must choose between preserving domestic price stability and defending the yuan's fixed exchange rate as it is not possible to hit both targetsSource: RSS feed - channel BNewsBusiness | 25 Apr 2010 | 6:19 pm Goldman knew it profited in crisisInternal Goldman Sachs e-mails released on Capitol Hill Saturday show how the firm used bets on mortgage securities in a bid to profit as the housing market began to plummet several years ago.Source: Business and financial news - CNNMoney.com | 25 Apr 2010 | 6:18 pm Bailout planGreece's financial rescue deal inches forwardSource: BBC News | Business | World Edition | 25 Apr 2010 | 6:11 pm Germany and France warn Greece to cut deeper to ensure debt supportGermany and France warned Greece yesterday that they expected big sacrifices in return for economic rescue as fears grew that a Greek bailout may not be enough to halt contagion in Europe’s single currency. Source: Latest Business News from Times Online | 25 Apr 2010 | 6:01 pm Tesco planning four ‘mini-villages’ complete with supermarketsTesco already provides everything you need to stock a home, from groceries to garden furniture. Now it is going to build the house as well. Source: Latest Business News from Times Online | 25 Apr 2010 | 6:01 pm British American Tobacco braced for protest over chairmanBritish American Tobacco faces a protest vote this week when it seeks to elect Richard Burrows chairman at its annual meeting. Source: Latest Business News from Times Online | 25 Apr 2010 | 6:01 pm RBS lifts bar for chief’s bonus to quell angerRoyal Bank of Scotland will tighten the performance targets on a multimillion-pound bonus scheme for its chief executive as the state-controlled bank tries to avert more public anger over pay. Source: Latest Business News from Times Online | 25 Apr 2010 | 6:01 pm When the going got tough, he had to get Microsoft goingYou might have thought that the chief operating officer of Microsoft would have heard about the collapse of Lehman Brothers via a laptop or a Windows-based smartphone. In fact, Kevin Turner was told the news by an airport worker in New York. Source: Latest Business News from Times Online | 25 Apr 2010 | 6:01 pm Liquidity surge threatens Asia credit crunchHot money is flooding into emerging economies at a rate which threatens the creation of property and financial bubbles similar to those that preceded the financial crisis, says Standard Chartered. Source: Latest Business News from Times Online | 25 Apr 2010 | 6:01 pm Dividend payments of £840m paid early to beat tax increaseBritish companies brought forward more than £840 million in dividend payments this year so that wealthy shareholders could avoid the new higher tax rate. Source: Latest Business News from Times Online | 25 Apr 2010 | 6:01 pm Rise and fall of a $1bn Goldman Sachs monster$Fabrice Tourre lamented that his mortgage products were like Frankenstein’s monster turning against its own inventor even as he created the investment that lost clients $1 billion and landed the trader and his employer Goldman Sachs with securities fraud charges.$ Source: Latest Business News from Times Online | 25 Apr 2010 | 6:01 pm Telecom says latest job cut talk 'rubbish'Telecom is playing down speculation up to one third of its workforce could soon be sent offshore, as it seeks to slash costs to improve its bottom line.Labour ICT spokeswoman Clare Curran saidSource: 24/7 Wall St. | 25 Apr 2010 | 5:48 pm Gill South: Think outside the box? Real change means going much furtherRIGHT now, there are, no doubt, teams of aeronautical engineers all over the world working on ways to help aircraft cope with airborne volcanic ash.They should forget about thinking outside the box; Harvard Business School Professor...Source: nzherald.co.nz - Business | 25 Apr 2010 | 5:00 pm NY Times eyes local editions in WSJ clashThe NY Times is talking to other papers about tie-ups in which they could supply pages of local content to its flagship newspaper as it girds for the launch of a local version of the Wall Street Journal on its home turfSource: Financial Times - US homepage | 25 Apr 2010 | 4:35 pm Buy-out firms prepare to float NielsenNielsen, the world’s largest TV and consumer measurement company, will begin auditioning bankers next month for one of the largest US initial public offerings in recent yearsSource: Financial Times - US homepage | 25 Apr 2010 | 4:00 pm De Beers to cut diamond productionDe Beers plans to reduce production in an attempt to extend the life of its mines, in a move that analysts say could be a precursor to the privately held group relistingSource: Financial Times - US homepage | 25 Apr 2010 | 3:33 pm Wall Street reform faces moment of truthBarack Obama’s Wall Street reform bill faces a moment of truth when opposition Republicans get the first of many opportunities to kill it in the SenateSource: Financial Times - US homepage | 25 Apr 2010 | 1:52 pm Gasoline prices hold steadyU.S. retail gasoline prices remained nearly unchanged over the past two weeks as crude oil dipped and recovered during the same period, according to a new nationwide survey released Sunday.Source: Business and financial news - CNNMoney.com | 25 Apr 2010 | 1:10 pm Greece is Europe's very own subprime crisisThis is going to be the most important week in the 11-year history of Europe's monetary union. By the end of it we will know whether the Greek fiscal crisis can be contained or whether it will metastasise...Source: RSS feed - channel BNPaperBusiness | 25 Apr 2010 | 12:51 pm Goldman releases internal paper trailGoldman Sachs released internal documents that it said demonstrated that its subprime mortgage trading reflected prudent risk management rather than speculationSource: Financial Times - US homepage | 25 Apr 2010 | 12:49 pm Trial to start over Barclays’ Lehman dealA trial over the disputed sale of Lehman Brothers to UK lender Barclays starts as a US federal bankruptcy judge, revisits a transaction that he approved at the height of the credit crunch nearly two years agoSource: Financial Times - US homepage | 25 Apr 2010 | 12:45 pm Time to take Wall Street out of WashingtonWashington's relationship with Wall Street is growing more schizophrenic by the day. On the one hand, Congress is trying to show how tough it can be on the financial sector by enacting a law ostensibly...Source: RSS feed - channel BNPaperBusiness | 25 Apr 2010 | 12:34 pm Cash-rich tech companies avoid M&A pathA handful of the largest US technology companies have increased their cash mountains by 40 per cent over the past year, taking their reserves to nearly a quarter of a trillion dollars, according to figures released in recent daysSource: Financial Times - US homepage | 25 Apr 2010 | 11:40 am Profits still hold key; Greece's debt (Reuters)
Source: Yahoo! News: Stock Markets News | 25 Apr 2010 | 11:24 am Sporting chanceRugby union tries a shot at becoming a big businessSource: BBC News | Business | World Edition | 25 Apr 2010 | 10:36 am Opposite lanesCarmakers bring contrasting fortunesSource: BBC News | Business | World Edition | 25 Apr 2010 | 10:31 am Germany Holds A Gun To Greece’s HeadThe ministers attending the G20 conference urged the IMF and Eurozone nations to handle the debt situation in Greece as quickly as possible. There is understandable concern that if the capital markets fear that Spain’s problems are not unlike like Greece’s that traders could sell off Spanish sovereign debt and crippled that nation’s ability to raise money. This would spread the [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 25 Apr 2010 | 6:12 am
|
