|
|
|
|
Zodiac shares climb after rejecting bidShares of Zodiac Aerospace rose as much as 5% Monday after Europe’s biggest maker of airplane seats rebuffed a takeover approach from French aerospace-engine specialist Safran, arguing the companies have little overlap and a combination would yield few savings.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 4:18 am Mick on MoneyDid Jagger get lucky when it came to making cash?Source: BBC News | Business | World Edition | 12 Jul 2010 | 4:15 am The Components of a Pre-Work Shower
Source: Business Pundit | 12 Jul 2010 | 4:11 am American Credit Scores Crash To New Lows“Figures provided by FICO Inc. show that 25.5 percent of consumers — nearly 43.4 million people — now have a credit score of 599 or below, marking them as poor risks for lenders. It’s unlikely they will be able to get credit cards, auto loans or mortgages under the tighter lending standards banks now use,” [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jul 2010 | 4:08 am Cautious tone ahead of US earnings seasonGlobal Markets Overview: After a strong week for stocks, traders absorb the sharp risk asset rally of recent days and contemplate the prospects for the US second-quarter earnings seasonSource: Financial Times - US homepage | 12 Jul 2010 | 4:07 am Smartphone firms face patent rowSix smartphone firms including Apple and Motorola are sued by a firm that has already won a case against Blackberry-maker RIM.Source: BBC News | Business | World Edition | 12 Jul 2010 | 4:06 am China's property market faltersNew data show that China's frothy property market may have peaked in June, after a government clampdown on speculators.Source: BBC News | Business | World Edition | 12 Jul 2010 | 4:05 am Affordable rates lift borrowingThe number of loans made for house purchases rose slightly in the UK in May amid a market of affordable rates, lenders saySource: BBC News | Business | World Edition | 12 Jul 2010 | 3:59 am Indications: U.S. stocks set to drop ahead of Alcoa resultsStocks on Wall Street looked set to open lower Monday following their best week in nearly a year, as investors exercised caution ahead of the kick-off of earnings season by aluminium giant Alcoa Inc.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 3:50 am Toyota: Tesla’s SaviorToyota Motor (NYSE: TM), a company in the midst of saving its own image and financial health, will extend a life line to a much smaller and struggling car company–Tesla NASDAQ: TSLA), which recently went public. The Tesla IPO got off to a promising state, rising to $30.24 in the early days of trading. It [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jul 2010 | 3:46 am UK GDP growth unchanged at 0.3pc in first quarter, recession deeper than thoughtBritain's economy grew at an unrevised 0.3pc in the first three months of teh year, but the recession was deeper than thought, says ONS.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jul 2010 | 3:42 am Kent Reliance in buy-out talksUS private equity firm JC Flowers is in talks to take a stake in Britain's Kent Reliance building society, it has been confirmed.Source: BBC News | Business | World Edition | 12 Jul 2010 | 3:38 am Cautious tone ahead of US earnings seasonMonday 10:00 BST. There is a cautious tone to markets as traders absorb the sharp risk asset rally of recent days and contemplate the prospects for the US second-quarter earnings season. The FTSE...Source: RSS feed - channel BNPaperBusiness | 12 Jul 2010 | 3:34 am SEB sells German retail banking to Santander (AP)AP - Sweden's SEB AB says it is selling its German retail banking business to Banco Santander of Spain in a deal worth euro555 million ($702 million).Source: Yahoo! News: Business News | 12 Jul 2010 | 3:34 am Robert PestonWould a takeover bid be good or bad for BP?Source: BBC News | Business | World Edition | 12 Jul 2010 | 3:30 am Blackstone to manage BofA's Asia property fund: sourcesNEW YORK/SINGAPORE (Reuters) - Blackstone Group will manage a $2-billion-plus Asian real estate fund of Bank of America-Merrill Lynch, in a deal that will close in the third quarter, sources familiar with the situation told Reuters.
Source: Reuters: Business News | 12 Jul 2010 | 3:27 am Earnings: The real test for stocksThe stock market's best week in a year has restored some confidence to battered investors, but the real test begins Monday when companies start reporting second quarter profits and losses.Source: Business and financial news - CNNMoney.com | 12 Jul 2010 | 3:27 am Stocks set for lower openU.S. stock futures fell early Monday, as anxiety over the outlook for corporate profits weighed on investors.Source: Business and financial news - CNNMoney.com | 12 Jul 2010 | 3:26 am Stock futures signal lossesNEW YORK (Reuters) - U.S. stock index futures pointed to a lower open on Wall Street on Monday, as investors take a breather after the market posted its best weekly gains in a year and ahead of the start of the earnings season, to be kicked off by Alcoa after U.S. closing bell today.
Source: Reuters: Business News | 12 Jul 2010 | 3:26 am Stock futures signal losses (Reuters)
Source: Yahoo! News: Stock Markets News | 12 Jul 2010 | 3:26 am Economic Report: Revised data show deeper U.K. recessionBritain’s recession was deeper than initially estimated, though first-quarter gross domestic product expanded by an unrevised 0.3% compared to the final three months of 2009, government figures show Monday.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 3:26 am Japan Election: The First Blow To Global Austerity PlansThe ruling Japanese party, the Democratic Party of Japan (DPJ), lost its control of the upper house of the nation’s legislature. The results may make it harder for the DPJ to push forward it initiatives which include higher taxes and austerity programs which were set to be enacted almost immediately. Prime Minister Naoto Kan may [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jul 2010 | 3:17 am Santander to buy German unit from Sweden's SEBSantander says Monday that it will buy a 173-branch German retail banking network from Sweden’s Skandinaviska Enskilda Banken for 555 million euros ($699 million) as the banking giant continues its global acquisition spree.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 3:07 am Is Your Fund Ready for a New Manager?As mutual fund managers retire, succession doesn't always go smoothly.
Source: SmartMoney.com | 12 Jul 2010 | 3:01 am London stocks advance for fifth straight dayInvestors in London equity markets remained unperturbed on Monday, pushing stock indices higher in spite of last week's strong rally. The sectors that had been at the forefront of the advance over...Source: RSS feed - channel BNPaperBusiness | 12 Jul 2010 | 2:57 am BP reports progress on oil cap; Gulf Coast waits (AP)
Source: Yahoo! News: Business News | 12 Jul 2010 | 2:56 am 24/7 Wall St.’s Corporate Power Rankings: Week 26The 24/7 Wall Street Corporate Power Rankings of the 32 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. | 12 Jul 2010 | 2:48 am UK GDP growth unchanged at 0.3%The latest revision to UK GDP figures are due later - after a 'potential error' forced their release to be delayed.Source: BBC News | Business | World Edition | 12 Jul 2010 | 2:44 am New trend in bonuses: 'Phantom stock'The little-known practice of issuing so-called "phantom stock" might be the next big thing when it comes to employee pay.Source: Business and financial news - CNNMoney.com | 12 Jul 2010 | 2:43 am Chronic Unemployment Crushes HealthChronic unemployment undermines a person’s sense of freedom in a free society. That is one of the reasons the extended economic downturn, in its third year and perhaps still in progress, has done such a great deal to hurt the moral of average citizens. Many jobless have now lost their unemployment insurance benefits and it [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jul 2010 | 2:39 am London Markets: BP share advance helps FTSE to mild gainsGains for oil giant BP helped the top British share index to advance marginally on Monday and build on last week’s sharp upward move.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 2:37 am World stocks lifted by China trade, Wall Street (AP)
Source: Yahoo! News: Stock Markets News | 12 Jul 2010 | 2:36 am World stocks lifted by China trade, Wall Street (AP)
Source: Yahoo! News: Business News | 12 Jul 2010 | 2:36 am Global stocks hit 2-week high on earnings optimism (Reuters)
Source: Yahoo! News: Stock Markets News | 12 Jul 2010 | 2:35 am The Greek pocketbook snaps shutIn Glyfada, an affluent coastal suburb of Athens, Aleka Maxtapolou, a 38-year old entrepreneur, spent almost an hour on a recent weekday evening hunting for an ATM that could dispense cash. "What have we come to when we can't even get the cash that's ours," she muttered under her breath with a laugh.Source: Business and financial news - CNNMoney.com | 12 Jul 2010 | 2:31 am Emerging Markets Report: World Cup gave nudge to South African stocksWhatever the long-term benefits of the infrastructure and promotion of hosting the World Cup, the South African stock market has seen a mild lift -- but only for local investors.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 2:30 am BP oil spill costs hit $3.5bn, work on new cap continuesBP said the cost of cleaning up the Gulf of Mexico oil spill - the biggest in US history - has risen to around $3.5bn (£2.3bn).Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jul 2010 | 2:29 am Santander buys SEB's German banksSpanish bank Santander is adding one million more customers to its business with the takeover of SEB's 173 German bank branches.Source: BBC News | Business | World Edition | 12 Jul 2010 | 2:26 am Haiti: $1.3 billion raised in six monthsU.S. relief organizations have raised $1.3 billion in donations over the six months since an earthquake devastated Haiti, according to a philanthropy expert.Source: Business and financial news - CNNMoney.com | 12 Jul 2010 | 2:26 am How America got stuck with BPBP is the largest oil producer in the United States, pumping almost as much crude as Exxon Mobil, Chevron and ConocoPhillips combined.Source: Business and financial news - CNNMoney.com | 12 Jul 2010 | 2:24 am Green steps 'hurting fuel poor'People in fuel poverty face being unfairly hit by the costs of green measures such as cutting carbon emissions, a report says.Source: BBC News | Business | World Edition | 12 Jul 2010 | 2:22 am T. Boone Pickens on oil sharesAt 82, T. Boone Pickens has worn multiple (10-gallon) hats: billionaire investor, corporate raider, hedge fund manager, and proselytizer for natural gas and wind -- not to mention fervent Oklahoma State football fan. Through it all, though, he's been an oil and gas man. He spoke with Fortune's Katie Benner about the perils and possibilities of investing in energy during a time of tumult for the industry. Edited excerpts:Source: Business and financial news - CNNMoney.com | 12 Jul 2010 | 2:22 am BP says oil spill costs climb to $3.5 billion (AP)AP - BP PLC said Monday that the cost of dealing with the oil spill in the Gulf of Mexico has risen to $3.5 billion, though its shares rallied on reports it may sell some assets.Source: Yahoo! News: Business News | 12 Jul 2010 | 2:15 am Oil falls to near $75 ahead of US company earnings (AP)
Source: Yahoo! News: Business News | 12 Jul 2010 | 2:10 am A car made for wheelchairsVPG's new wagon is designed to provide easier mobility to the disabled.Source: Business and financial news - CNNMoney.com | 12 Jul 2010 | 2:08 am Strike hits BAA passenger numbersBAA says the number of people using its airports fell in June because of continued disruption from the BA strike.Source: BBC News | Business | World Edition | 12 Jul 2010 | 2:05 am Bid, asset talk spurs further gains for BPSpeculation that BP will be sold in parts or a whole give a further lift to the embattled oil giant’s shares Monday as the company says that the cost of cleaning up the Gulf of Mexico oil spill reaches $3.5 billion.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 2:04 am Chinese officials must report personal assets (AP)AP - China issued new rules requiring officials in government and state companies to report personal details from assets to the business activities of spouses and children, in a renewed attempt to quash endemic corruption Beijing sees as a threat to its rule.Source: Yahoo! News: Business News | 12 Jul 2010 | 1:57 am Media Digest 7/12/2010 Reuters, WSJ, NYTimes, FT, BloombergReuters: Profit surprises are likely for companies linked to the oil spill. Reuters: Lawsuits against Apple Inc. (NASDAQ: AAPL) and AT&T (NYSE: T) over service were certified as class actions. Reuters: BP says it is making progress re-capping its well. Reuters: Some analysts believe Europe’s finances are improving. Reuters: The Fed has begun to worry [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jul 2010 | 1:54 am Europe Markets: Europe stocks edge back; BP, Zodiac climbEuropean shares posted mild losses on Monday as a bit of caution entered the market following last week’s gains, although deal speculation helped aerospace and defense group Zodiac and oil giant BP to gain ground.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 1:54 am Domino's Pizza profits boosted by World CupDomino's Pizza profits jumped 30pc increase in first-half, boosted by the football World Cup and the Britain's Got Talent TV show.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jul 2010 | 1:52 am Japanese premier suffers election setbackJapan’s Democratic party has suffered a painful defeat in upper house elections, a result that could delay efforts to restore the world’s second-largest economy to fiscal sustainability and stall the ruling party’s reform driveSource: Financial Times - US homepage | 12 Jul 2010 | 1:50 am NZ dollar eases slightly after big rise last weekThe New Zealand dollar drifted slightly lower today after pushing up to its highest level in more than a week against major currencies during the weekend on hopes for a firmer global economic recovery.The NZ dollar was at US70.88c...Source: nzherald.co.nz - Business | 12 Jul 2010 | 1:39 am NZ sharemarket starts week positivelyThe New Zealand sharemarket posted modest gains on very low volume but brokers said it could be an interesting week with the US corporate reporting season getting under way.The benchmark NZX-50 index closed up 6.779, or 0.226...Source: nzherald.co.nz - Business | 12 Jul 2010 | 1:37 am FTSE 100 almost flat at open (AFP)
Source: Yahoo! News: Stock Markets News | 12 Jul 2010 | 1:34 am Exxon Mobil May Have Interest In BP PurchaseExxon Mobil (NYSE: XOM) may make an offer to buy BP plc (NYSE: BP). The shares in the UK company are up 7% on the rumor. BP may be in the process of selling some of its Prudhoe Bay properties to raise money, but there are still analysts that believe BP will file for bankruptcy [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 12 Jul 2010 | 1:26 am Flight cancellations, passenger complaints climb in MayThe increased cancellations may be partly the result of airlines doing so to avoid new rules to fine airlines that strand fliers on delayed flights for more than three hours.After one of the worst slumps in decades, the U.S. airline industry is beginning to see demand increase, fares rise gradually and planes fly at closer to capacity.
Source: L.A. Times - Business | 12 Jul 2010 | 1:00 am Marketing on a budget: Advice for small businessesAlso: When an accountant promises tax savings that seem too good to be true.Dear Karen: Can you suggest budget marketing techniques?
Source: L.A. Times - Business | 12 Jul 2010 | 1:00 am Auto safety bill is scaled back in face of industry oppositionLawmakers acknowledge changes to the legislation that was prompted by Toyota's sudden-acceleration crisis but say it sets realistic goals. ...Source: RSS feed - channel BNPaperBusiness | 12 Jul 2010 | 1:00 am Denim jeans designers targeting baby boomersSome makers are producing jeans that are stylish but stretch to fit bodies that are less than model-perfect.Baby boomers were the first American generation to grow up in blue jeans. And they're not ready to give them up.
Source: L.A. Times - Business | 12 Jul 2010 | 1:00 am Flight cancellations, passenger complaints climb in MayThe increased cancellations may be partly the result of airlines doing so to avoid new rules to fine airlines that strand fliers on delayed flights for more than three hours. ...Source: RSS feed - channel BNPaperBusiness | 12 Jul 2010 | 1:00 am Auto safety bill is scaled back in face of industry oppositionLawmakers acknowledge changes to the legislation that was prompted by Toyota's sudden-acceleration crisis but say it sets realistic goals.The sweeping legislation that grew out of Toyota Motor Corp.'s sudden-acceleration crisis — heralded as the most important auto safety bill in a decade — has been scaled back significantly in the face of auto industry opposition.
Source: L.A. Times - Business | 12 Jul 2010 | 1:00 am Marketing on a budget: Advice for small businessesAlso: When an accountant promises tax savings that seem too good to be true. Dear Karen: Can you suggest budget marketing techniques?...Source: RSS feed - channel BNPaperBusiness | 12 Jul 2010 | 1:00 am Denim jeans designers targeting baby boomersSome makers are producing jeans that are stylish but stretch to fit bodies that are less than model-perfect. Baby...Source: RSS feed - channel BNPaperBusiness | 12 Jul 2010 | 1:00 am Business Bullet: US earnings, BP, Greece, Domino'sThe latest news on: US earnings, BP, Greece, Domino'sSource: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jul 2010 | 12:58 am The best credit cards to use on holidayHow to save while you spend on holiday this summer.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jul 2010 | 12:52 am Cash Isas savers switch to equity Isas in record numbersSavers are abandoning cash Isas in record numbers.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 12 Jul 2010 | 12:50 am Asia Markets: Japanese shares end down on political uncertaintyJapan's stock market erases earlier gains in the wake of an election setback for the country's ruling party.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 12:39 am Asia must brace for possible economic shocks: IMF (AFP)
Source: Yahoo! News: Business News | 12 Jul 2010 | 12:38 am Europlasma Launches a EUR1,982,578.65 Million Capital Increase With Preferential Subscription Rights Maintained for ShareholdersSource: RSS feed - channel BNewsBusiness | 12 Jul 2010 | 12:29 am Marsh on Monday: Germany's jaundiced eye on ObamaGerman policy-makers aren't taking Obama's recent pronouncements too seriously, writes David Marsh.
Source: MarketWatch.com - Top Stories | 12 Jul 2010 | 12:16 am Bank of Korea raises growth forecast to 5.9 pct (AP)
Source: Yahoo! News: Business News | 12 Jul 2010 | 12:06 am Publicis Groupe Acquires G4 Advertising Co. Ltd. in ChinaSource: RSS feed - channel BNewsBusiness | 11 Jul 2010 | 11:59 pm Lloyds unit to sell A$598 million auto-loan backed debtSYDNEY (Reuters) - A unit of British group Lloyd's plans to sell A$598 million ($524 million) of debt backed by auto-loans, a joint lead manager said on Monday.
Source: Reuters: Business News | 11 Jul 2010 | 11:33 pm BP in talks with Apache and others on assets: sourceNEW YORK/LONDON (Reuters) - Under-pressure BP Plc is in talks with U.S. oil and gas company Apache Corp and other companies over potential asset sales, a source familiar with the situation said on Sunday, as it weighs how to pay costs related to the Gulf of Mexico oil spill.
Source: Reuters: Business News | 11 Jul 2010 | 11:28 pm Dubai World property arm disposes Malaysia stakeThe property development arm of Dubai World has ditched plans to construct luxury waterfront homes in Malaysia as the debt-laden company attempts to raise cash, a report said Monday. TheSource: RSS feed - channel BNewsBusiness | 11 Jul 2010 | 11:25 pm Japan's Nikkei rises and brushes aside election lossSYDNEY (Reuters) - Japanese shares rose and the yen largely held its ground in early trade on Monday, with investors seemingly indifferent to a major election loss suffered by Japan's...Source: RSS feed - channel BNewsBusiness | 11 Jul 2010 | 11:20 pm Profit surprises seen for companies tied to oil spillNEW YORK (Reuters) - Surprises may be in store this earnings season for U.S. companies tied to BP Plc's oil spill, according to an analysis that emphasizes equity analysts' past accuracy.Source: RSS feed - channel BNewsBusiness | 11 Jul 2010 | 11:13 pm Profit surprises seen for companies tied to oil spill (Reuters)Reuters - Surprises may be in store this earnings season for U.S. companies tied to BP Plc's oil spill, according to an analysis that emphasizes equity analysts' past accuracy.Source: Yahoo! News: Stock Markets News | 11 Jul 2010 | 11:13 pm Profit surprises seen for companies tied to oil spillNEW YORK (Reuters) - Surprises may be in store this earnings season for U.S. companies tied to BP Plc's oil spill, according to an analysis that emphasizes equity analysts' past accuracy.
Source: Reuters: Business News | 11 Jul 2010 | 11:13 pm Fraport Traffic Figures - June 2010: Frankfurt Airport Reports Record TrafficSource: RSS feed - channel BNewsBusiness | 11 Jul 2010 | 10:59 pm Lawsuit against Apple, AT&T can remain as class action: report(Reuters) - A monopoly abuse lawsuit against Apple Inc and AT&T Inc's mobile-phone unit can continue as a class action against the two companies, the Associated Press reported, citing aSource: RSS feed - channel BNewsBusiness | 11 Jul 2010 | 10:52 pm Lawsuit against Apple, AT&T can remain as class action: report(Reuters) - A monopoly abuse lawsuit against Apple Inc and AT&T Inc's mobile-phone unit can continue as a class action against the two companies, the Associated Press reported, citing a federal judge.
Source: Reuters: Business News | 11 Jul 2010 | 10:52 pm More Americans' credit scores sink to new lowsThe credit scores of millions more Americans are sinking to new lows. Figures provided by FICO Inc. show that 25.5 percent of consumers _ nearly 43.4 million people _ now have a credit...Source: RSS feed - channel BNewsBusiness | 11 Jul 2010 | 10:48 pm Oil hovers above $76 ahead of US company earningsOil prices hovered near $76 a barrel Monday in Asia as investors look to second quarter company earnings reports this week for clues about the strength of the U.S. economy. Benchmark...Source: RSS feed - channel BNewsBusiness | 11 Jul 2010 | 10:27 pm Market Chatter -- Corporate finance press digestBANGALORE, July 12 (Reuters) - The following corporate finance-related stories were reported by media on Monday:Source: RSS feed - channel BNewsBusiness | 11 Jul 2010 | 10:13 pm Drab decor in laundromats is giving way to alluring amenitiesSome facilities are providing free wireless Internet, flat-screen televisions and attendants who sell services and are ready to help out if anything goes wrong.Customers toting pockets of quarters to a new laundromat next wash day might be in for a surprise.
Source: L.A. Times - Business | 11 Jul 2010 | 9:54 pm Fund targets banks over subprime losses: reportNEW YORK (Reuters) - Fund Cambridge Place Investment Partners is suing a number of banks for mis-selling a total of $2.4 billion in mortgage-backed securities, an online report by The Daily Telegraph newspaper in London said on Sunday.
Source: Reuters: Business News | 11 Jul 2010 | 9:26 pm Fund targets banks over subprime losses: report (Reuters)Reuters - Fund Cambridge Place Investment Partners is suing a number of banks for mis-selling a total of $2.4 billion in mortgage-backed securities, an online report by The Daily Telegraph newspaper in London said on Sunday.Source: Yahoo! News: Business News | 11 Jul 2010 | 9:26 pm Canada's economy can teach the U.S. a thing or twoThe United States will probably take years to recover from the global recession and credit crunch, economists say, but its northern neighbor is back in fine shape.Whatever else they've thought about their much smaller neighbor to the north, Americans have almost never looked to Canada as a role model.
Source: L.A. Times - Business | 11 Jul 2010 | 9:26 pm Canada's economy can teach the U.S. a thing or twoThe United States will probably take years to recover from the global recession and credit crunch, economists say, but its northern neighbor is back in fine shape. ...Source: RSS feed - channel BNPaperBusiness | 11 Jul 2010 | 9:26 pm NZ Dollar Outlook: US earnings set to dominateThe New Zealand dollar may be little changed over the next five days after a 3.2 per cent surge last week took it above 71 US cents for the first time in a fortnight as investors await the second-quarter earnings season in the U.S.All...Source: nzherald.co.nz - Business | 11 Jul 2010 | 8:04 pm Asia faces risks from rising capital flows: IMFDAEJEON, South Korea (Reuters) - Asia has emerged as a global economic powerhouse but is now faced with policy challenges from rising capital inflows, the International Monetary Fund chief said on Monday.
Source: Reuters: Business News | 11 Jul 2010 | 7:59 pm Govt finances better than expectedThe Government's fiscal position for the 11 months to the end of May was better than expected, with tax revenues slightly ahead of forecast and spending slightly below.The operating balance excluding gains and loses (Obegal),...Source: nzherald.co.nz - Business | 11 Jul 2010 | 7:00 pm Lifeline for jobless hangs in balanceLawmakers come back to work Monday facing a tough decision: Whether it's more important to spend money to keep the economic recovery going or to watch their pennies.Source: Business and financial news - CNNMoney.com | 11 Jul 2010 | 6:53 pm Netherlands kick, Spain score in World Cup finalThe difference in class was most apparent in the first five minutes, when Spain passed the Dutch apartSource: Financial Times - US homepage | 11 Jul 2010 | 6:36 pm Deborah Hill Cone : Lift the drawbridge, it's Fortress NZHave you noticed? Formerly swept-up sophisticated people seem to have suddenly gone all creepily nationalistic. It used to mark you out as a redneck Truth reader to hold parochial batten-down-the-hatches-against-foreigners kind...Source: nzherald.co.nz - Business | 11 Jul 2010 | 6:30 pm Govt adds $54m to retail deposit guarantee schemeThe Government has added $54 million to its total provisioning for potential payouts under the Crown retail deposit guarantee scheme, lifting total provisioning to NZ$934 million at May 31.The figures are disclosed in the Government's...Source: nzherald.co.nz - Business | 11 Jul 2010 | 6:00 pm NZ guest nights fall 6pc in MayA 10 per cent fall in the number of nights New Zealanders spent in short term commercial accommodation in May, led to an overall 6 per cent fall in total guest nights.Publishing the data today, Statistics New Zealand (SNZ) said...Source: nzherald.co.nz - Business | 11 Jul 2010 | 5:30 pm House values losing groundHouse values across the country are losing ground because of cautious buyers and high levels of distressed sales pulling down prices.QV Valuation's June index - calculated from the previous three months' market figures - is 5.2...Source: nzherald.co.nz - Business | 11 Jul 2010 | 5:30 pm Drab decor in laundromats is giving way to alluring amenitiesSome facilities are providing free wireless Internet, flat-screen televisions and attendants who sell services and are ready to help out if anything goes wrong. ...Source: RSS feed - channel BNPaperBusiness | 11 Jul 2010 | 5:26 pm Inflation-watchers waiting for CPI numbersThe June quarter consumers price index numbers due on Friday will be closely watched for what they reveal about the underlying momentum of inflation before the impending GST increase and other policy-related price increases kick in.The...Source: nzherald.co.nz - Business | 11 Jul 2010 | 5:00 pm Steve O'Neill : Looking beyond the businessBusiness is not just business for Steve O'Neill, chief executive of Auckland company Sentient Software.Sentient, a six-year-old seller of project portfolio management (PPM) software ( * see bottom), is a means to an end for O'Neill,...Source: nzherald.co.nz - Business | 11 Jul 2010 | 5:00 pm Blackstone to run Bank of America fundBlackstone is taking over the management of a portfolio of Asian real estate investments from Bank of America Merrill Lynch in a deal that will provide a platform for the private equity group to do more property deals in the regionSource: Financial Times - US homepage | 11 Jul 2010 | 4:14 pm Diller calls Google travel deal ‘disturbing’Google’s use of its search engine to support its expansion into new internet services gives it an unfair advantage and puts it on a collision course with antitrust regulators, according to a prominent US media mogulSource: Financial Times - US homepage | 11 Jul 2010 | 4:03 pm George Osborne may drop Pre-Budget reportThe Chancellor is considering dropping the pre-Budget report from the coalition Government's roster of economic events.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Jul 2010 | 3:56 pm JC Flowers plans building societies lifeboatPrivate equity firm JC Flowers is preparing a lifeboat for the embattled building society sector built around a groundbreaking deal with Kent Reliance Building Society that will be formally unveiled later this week.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Jul 2010 | 3:50 pm PetroChina open to closer ties with BPPetroChina, China’s largest listed oil and gas producer, says it would “welcome” closer co-operation with BP as the embattled UK group struggles to cover liabilities arising from the Gulf of Mexico oil spill disasterSource: Financial Times - US homepage | 11 Jul 2010 | 3:46 pm Tycoon seeks funding to revive NY CosmosPaul Kemsley, the former sidekick to Lord Sugar on The Apprentice, is planning to revive the New York Cosmos, made famous by Pelé.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Jul 2010 | 3:25 pm BP builds defence in takeover threatSpeculation grows that ExxonMobil sought White House clearance to bid for rival oil giant.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 11 Jul 2010 | 3:13 pm Hopes rise over unwinding of Lehman’s assetsThe administrator of Lehman Brothers’ German business has sold $2.4bn of claims against the failed bank to a group of distressed debt funds, in a move that may help expedite the unwinding of the bank’s assetsSource: Financial Times - US homepage | 11 Jul 2010 | 3:06 pm Cutting the defense budgetIt was once sacrosanct. But no more.Source: Business and financial news - CNNMoney.com | 11 Jul 2010 | 2:30 pm US small businesses lose out over loan rateUS small businesses are having to pay more to borrow relative to the Federal Reserve’s benchmark rate than at any time in at least a quarter of a century, according to official data from the central bankSource: Financial Times - US homepage | 11 Jul 2010 | 2:27 pm After the rapture how to make Africa roarOn a chilly and cacophonous June night, as hundreds of thousands of his compatriots celebrated the hosting of a great sporting tournament, a young black South African friend found himself in an argument...Source: RSS feed - channel BNPaperBusiness | 11 Jul 2010 | 1:33 pm French labor minister cleared in heiress case (AP)
Source: Yahoo! News: Business News | 11 Jul 2010 | 1:31 pm Federal Reserve worry list gets longerWASHINGTON (Reuters) - The U.S. Federal Reserve's list of worries may be getting longer.
Source: Reuters: Business News | 11 Jul 2010 | 1:03 pm Will stocks keep rising? Profit reports may tell (AP)AP - Investors cast aside worries of another recession last week and bought stocks by the bucketful. This week brings hard evidence of whether they were right.Source: Yahoo! News: Stock Markets News | 11 Jul 2010 | 12:50 pm A president under business attackHeads of US businesses who once thought well of President Barack Obama have turned to grumbling. These days they come not to praise, but to accuse him of over-reaching and indecision. The outlook...Source: RSS feed - channel BNPaperBusiness | 11 Jul 2010 | 12:40 pm Europe’s bankers in talks over bail-out fundProject will vie with other ideas for dealing with a future financial crisis – such as government levies and the forced conversion of unsecured debt into equitySource: Financial Times - US homepage | 11 Jul 2010 | 12:30 pm BP May Make Huge North American Asset SaleBP Plc is in talks to sell up to $12 billion of assets, including a stake in Alaska’s Prudhoe Bay, to Apache Corp to help pay for its Gulf of Mexico oil spill, The Sunday Times reported. There is still talk that BP may have to file for bankruptcy if Gulf liabilities grow. The alternative [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Jul 2010 | 12:10 pm Chinese union targets investment banksChina’s state-controlled union has targeted some of the world’s largest investment banks in a recruitment drive that will see the multinationals have to pay a 2 per cent payroll tax to fund labour activitiesSource: Financial Times - US homepage | 11 Jul 2010 | 11:54 am Airline Industry – Reality and Fiction: A 10 Year Look BackIs “growth” really returning to the airline industry? Based on almost daily press releases, airlines appear to be adding new destinations every week Analysis by AirlineFinancials.com shows most airlines are not adding any significant growth but simply moving the chairs around the deck opposed to adding new ones. In other words, most airlines are - [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Jul 2010 | 9:41 am Stocks, at crossroads, turn to earningsNEW YORK (Reuters) - The U.S. stock market landed at a technical crossroads following its best week in a year, yet the potential for positive earnings surprises beginning this week could give an edge to the bulls.
Source: Reuters: Business News | 11 Jul 2010 | 9:23 am Stocks, at crossroads, turn to earnings (Reuters)
Source: Yahoo! News: Stock Markets News | 11 Jul 2010 | 8:27 am Dubai's bourses unite to form single trading platform (AFP)
Source: Yahoo! News: Stock Markets News | 11 Jul 2010 | 7:41 am BP Removes Well Cap, Oil Flows FreelyIt is a risky move that could backfire. BP plc (NYSE: BP) will replace the current cap on its leaking well with a new one which could collect more crude. The cap which has been in place collects roughly 25,000 barrels of oil per day. The one that will replace it could capture as much [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Source: 24/7 Wall St. | 11 Jul 2010 | 5:03 am 9 Funds With High Earnings Expectations (Screens)Each of these funds has a P/E ratio 25% above that of the S&P 500.
Source: SmartMoney.com | 11 Jul 2010 | 3:46 am
|
