 World stock markets mixed ahead of US earnings
(AP)
 13.10.2009 11:08  7 views  0 comments
 AP - Most Asian stock markets advanced Tuesday, with Tokyo and Hong Kong indexes gaining almost 1 percent, as investors looked to earnings reports from major U.S. companies for insight about the economy. European markets fell.
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BofA to turn over documents on Merrill buy: report
(Reuters)
13.10.2009 2:31 12 views 0 comments
 Reuters - Bank of America Corp has agreed to hand over to investigators documents describing the legal advice it received related to its purchase of Merrill Lynch, the Wall Street Journal reported on Monday, citing people familiar with the situation.
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CIT debt swap struggles, bankruptcy looms
(Reuters)
13.10.2009 1:22 8 views 0 comments
 Reuters - CIT Group Inc is seeing little interest from bondholders in a debt exchange offer aimed at repairing its fragile balance sheet, making bankruptcy increasingly likely, sources familiar with the matter said.
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U.S. recession over, unemployment seen at 10 percent
(Reuters)
13.10.2009 1:00 11 views 0 comments
 Reuters - The worst U.S. recession since the Great Depression has ended, but weak household spending as the labor market struggles to create jobs will slow the pace of the economy's recovery, according to a survey released on Monday.
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Kosmos's Ghana sale bid "illegal": GNPC source
(Reuters)
13.10.2009 0:10 8 views 0 comments
Reuters - State-run Ghana National Petroleum Corp (GNPC) believes Kosmos Energy's deal to sell its stake in the huge Jubilee oil field to Exxon Mobil is illegal and is ready to buy the stake itself, a GNPC source said on Monday. Read more »
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S&P logs 6th day of gains with earnings in view
(Reuters)
12.10.2009 23:04 12 views 0 comments
 Reuters - The S&P 500 managed a sixth consecutive day of gains on Monday to end at its closing high for the year as energy shares rose alongside the price of oil.
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Philips profit boosts European markets
(AP)
12.10.2009 14:13 12 views 0 comments
AP - European stock markets rose strongly Monday as investor sentiment was buoyed by better than expected third-quarter profits from Royal Philips Electronics NV at the start of a week when earnings statements around the world will be the main focus of attention.
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What's Ahead for Financials
(BusinessWeek)
12.10.2009 14:08 5 views 0 comments
BusinessWeek - Financial-services stocks have come roaring back since their collapse last fall. Are the gains sustainable? For insight on smart ways to play such stocks now, Personal Finance editor Lauren Young spoke with Anton Schutz, manager of the top-ranked Burnham Financial Services Fund, which delivered an annualized gain of 14.3% over the past decade. Read more »
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Fed's Bullard: Don't underestimate inflation risk
(Reuters)
11.10.2009 22:00 11 views 0 comments
Reuters - There may not be as much slack in the U.S. economy as many forecasters believe, which means medium-term inflation risks could be higher, a Federal Reserve official said on Sunday. Read more »
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For stocks, it's all about earnings in the week ahead
(Reuters)
11.10.2009 17:09 13 views 0 comments
Reuters - The stock market is set to continue its winning ways in the coming week as momentum builds during earnings season.
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China ministry says not received Hummer buy application
(Reuters)
10.10.2009 13:54 11 views 0 comments
Reuters - China's Commerce Ministry said on Saturday that it has not yet received an application about machinery maker Tengzhong's bid to buy General Motors' Hummer brand. Read more »
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JPMorgan, others to pay $100M settlement
(AP)
10.10.2009 0:37 12 views 0 comments
AP - JPMorgan Chase & Co. and two other investment banks have agreed to pay $100 million to settle a lawsuit over their contribution to investor losses in the collapse of American Business Financial Services Inc., the bankruptcy trustee's lawyer said Friday. Read more »
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Barnes & Noble Expected To Launch E-Book Reader
(NewsFactor)
09.10.2009 23:07 12 views 0 comments
NewsFactor - On the heels of Amazon.com taking its Kindle to international markets, Barnes & Noble is venturing into the increasingly popular e-reader market. The Wall Street Journal reported the giant book retailer could roll out an e-reader as early as next month in the U.S. Read more »
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Dow hits 2009 closing high on earnings optimism
(Reuters)
09.10.2009 22:42 11 views 0 comments
 Reuters - U.S. stocks climbed on Friday, with the Dow hitting a closing high for 2009, as investors anticipated positive news from next week's key earnings reports and bullish broker comments boosted tech shares.
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3 tips to start building a college savings account
(AP)
09.10.2009 21:18 8 views 0 comments
AP - A new survey by online brokerage TD Ameritrade says college is the top reasons teens save their money. The results were a pleasant surprise to educators who are focusing on getting personal finance taught in schools. The survey indicated 78 percent of teens say they want to share the cost of college with their parents. Read more »
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Pay czar fingerprints on Citi move to sell Phibro
(Reuters)
09.10.2009 20:57 12 views 0 comments
Reuters - The U.S. government's "pay czar" played a critical role in Citigroup's decision to sell off its lucrative commodities trading business, Phibro, a source familiar with the matter said Friday. Read more »
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A look at economic developments around the globe
(AP)
09.10.2009 18:57 12 views 0 comments
AP - A look at economic developments and activity in major stock markets around the world Friday: Read more »
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Second-hand retailers score during recession
(Reuters)
05.10.2009 7:47 15 views 0 comments
Reuters - The recession has taken its toll on many large U.S. retailers but smaller ones catering to the second-hand market are flourishing as the cash-strapped seek the holy grail of the American consumer: a bargain. Read more »
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Weak U.S. jobs data weighs on dollar; stocks steady
(Reuters)
05.10.2009 7:34 19 views 0 comments
 Reuters - The dollar fell and Asian stocks steadied near three-week lows on Monday after weaker-than-expected U.S. jobs data heightened investor caution ahead of the third-quarter corporate results season.
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Lehman administrator looks to dole out assets: report
(Reuters)
05.10.2009 7:26 14 views 0 comments
Reuters - The administrator for Lehman Brothers Holdings Inc plans to seek permission to remove the claims against the bank from British courts and give out assets directly to creditors, the Wall Street Journal said, citing a joint administrator for the collapsed investment bank. Read more »
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