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Jumat, 13 Mei 2011

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US stock index futures rise; Nordstrom in focus
Reuters
Traders work after the opening bell on the floor of the New York Stock Exchange, May 12, 2011. * US stock index futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500, Dow Jones and Nasdaq 100 all up 0.3 percent at 0900 ...
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Reuters
Euro-Region Expansion Beats Forecasts
Bloomberg
By Simone Meier - Fri May 13 09:00:00 GMT 2011 Gross domestic product in the 17-member euro area rose 0.8 percent from the fourth quarter. Photographer: Thomas Langer/Bloomberg Siemens AG, Europe's largest engineering company, on May 4 raised its ...
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Euro Strengthens as Growth Beats Forecasts; Commodities, Most Stocks Gain
Bloomberg
By Stephen Kirkland - Fri May 13 09:48:53 GMT 2011 May 12 (Bloomberg) -- David Bloom, global head of currency strategy at HSBC Holdings Plc, discusses his currency market strategy. He talks with Mark Barton on Bloomberg Television's "Countdown. ...
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Airline asks flight attendants to help avoid furloughs
Houston Chronicle
By JENALIA MORENO United Continental Holdings wants its union flight attendants to work together so it doesn't have to furlough any of them next year. United has too many flight attendants and Continental Airlines will have too few after it adds more ...
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Oil Rises a Second Day, Climbs Above $100, as European Growth Accelerates
Bloomberg
By Ann Koh and Sherry Su - Fri May 13 08:55:57 GMT 2011 Crude oil rose for a second day in New York after strong economic data in the euro zone fueled speculation that fuel demand in Europe will increase. Oil climbed as much as 1.7 percent, ...
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EADS Swings To Net Loss Due To Forex Impact
Wall Street Journal
By David Pearson PARIS (Dow Jones)--Aerospace giant European Aeronautic Defence & Space Co. NV (EAD.FR) Friday said it swung to a net loss in the first quarter due to the strength of the euro against the US dollar and the British pound and a ...
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April home sales in Southern California hit three-year low for the month
Los Angeles Times
The median price paid for a home in the region fell 1.8% from a year earlier to $280000, DataQuick reports. By Alejandro Lazo, Los Angeles Times It is shaping up to be a silent spring for the housing industry. Warmer days and the need for many families ...
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HK, China shares snap weekly losing streak; volume remains low
Reuters
By Vikram Subhedar and Clement Tan HONG KONG, May 13 (Reuters) - Hong Kong and China shares rose on Friday to snap their weekly losing streaks but light trading volumes are likely to keep benchmarks within narrow chart levels in the near-term. ...
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Exxon says oil barrel should be in $60-$70 range
Reuters
Exxon Mobil CEO and Chairman Rex Tillerson speaks as he and other top oil and gas industry executives testify during a Senate Finance Committee hearing on ''Oil and Gas Tax Incentives and Rising Energy Prices'' on Capitol Hill in Washington May 12, ...
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Reuters
Exports Boost Spanish GDP
Wall Street Journal
By JONATHAN HOUSE And DAVID ROMAN MADRID—Spain's economic growth rate strengthened slightly in the first quarter thanks to strong exports, but remains one of the slowest in the euro zone and the world, data released Friday by Spain's National ...
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LSE sees boost from clearing business
Financial Times
By Philip Stafford The London Stock Exchange on Friday said revenues from post-trade services accounted for nearly a quarter of its turnover as it diversified its business to offset further declines in its main UK cash equities trading business. ...
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S Korea Won Lower After Bank Of Korea Holds Rate; Bonds Mixed
Wall Street Journal
SEOUL (Dow Jones)--The South Korean won was lower against the US dollar late Friday following the Bank of Korea's decision to hold its key rate steady. The rate decision spurred strong offshore selling, but this was partly offset later in the day by ...
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ThyssenKrupp's Profits Rise 32%
Wall Street Journal
By JAN HROMADKO FRANKFURT—German steelmaker and industrial conglomerate ThyssenKrupp AG Friday reported a 32% increase in net profit as losses resulting from the start-up of its steel operations in the US were more than offset by solid earnings ...
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Google Near Deal in Drug Ad Crackdown
Wall Street Journal
By THOMAS CATAN And AMIR EFRATI Google Inc. is close to settling a US criminal investigation into allegations it made hundreds of millions of dollars by accepting ads from online pharmacies that break US laws, according to people familiar with the ...
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US Fast-Food Giant Yum Bids for Chinese Chain
New York Times
By BETTINA WASSENER HONG KONG — Yum Brands, the company behind KFC, Taco Bell and Pizza Hut, is planning to add another name to its list of restaurant chains: Little Sheep, which operates hundreds of colorful hot pot restaurants throughout China. ...
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Toyota Targets to Sell 3000 Prius Alpha Wagons in Japan a Month
Bloomberg
By Makiko Kitamura - Fri May 13 04:37:41 GMT 2011 Toyota Motor Corp.'s new five-seat Prius Alpha hybrid vehicle is displayed during a media preview in Tokyo. Photographer: Kiyoshi Ota/Bloomberg Toyota's Prius Alpha hybrid. ...
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Yunus steps down from Grameen Bank
Financial Times
By Amy Kazmin in New Delhi Muhammad Yunus has resigned as managing director of the pioneering microlender that he founded, Grameen Bank, ending a bitter battle for control over the globally renowned Bangladeshi institution. In his resignation letter, ...
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Telefonica Misses First-Quarter Profit Estimates
Bloomberg
By Manuel Baigorri - Fri May 13 07:33:18 GMT 2011 Telefonica SA (TEF), Europe's second-largest phone company, reported quarterly profit that missed analysts' estimates as earnings from its Spanish home market shrank. First-quarter net income fell 1.9 ...
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Stocks to watch Friday: Dollar Thrifty, Agilent
MarketWatch
By MarketWatch WASHINGTON (MarketWatch) — Among the companies whose shares are expected to see active trade in Friday's session are Wal-Mart Stores Inc., Dollar Thrifty Automotive Group Inc. and Agilent Technologies Inc. Wal-Mart (NYSE:WMT) , part of ...
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Increasing US Oil Production Won't Stop Rising Gasoline Prices
Money Morning
[Editor's Note: We want to hear from you! Do you have a comment, suggestion, story idea or question? Let us know at mailbag@moneymappress.com. (**) And be sure to check back for responses to reader questions and comments. ...
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Argentina Slams Brazilian Retaliation In Trade Dispute
Wall Street Journal
By Shane Romig Of DOW JONES NEWSWIRES BUENOS AIRES (Dow Jones)--Argentina lashed out against its top trading partner Thursday, after Brazil slapped retaliatory trade barriers on Argentine auto parts and vehicle imports. "This kind of behavior is an ...
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BP CEO: Exploring Arctic With TNK-BP Still Good Value
Wall Street Journal
By Alexis Flynn ST. GALLEN, Switzerland (Dow Jones)--BP PLC (BP) still sees value in exploring the Russian Arctic with Rosneft (ROSN.RS) through its TNK-BP joint venture rather than alone, Chief Executive Robert Dudley said Friday. ...
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Opinion: Kinect Succeeds In Spite Of Itself
Gamasutra
by Chris Morris [Console/PC, Business] [Gamasutra's Chris Morris looks at how Microsoft's Kinect has found success despite a large number of flaws, and how the company will need to better plan out the future of the device as "the novelty will only take ...
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Gamasutra
Agricole Profit More Than Doubles As Provisions Fall
Wall Street Journal
By Elena Berton Of DOW JONES NEWSWIRES PARIS (Dow Jones)--Credit Agricole SA (ACA.FR), France's third-largest bank by market capitalization, Friday said net profit more than doubled in the first quarter, aided by lower provisions for bad loans and ...
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IRS warns big donors to advocacy groups
Boston Globe
NEW YORK — Big donors like David H. Koch and George Soros may owe taxes on their millions of dollars in contributions to nonprofit advocacy groups that are playing an increasing role in politics. The Internal Revenue Service has notified at least six ...
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Goldman Sachs shares fall on talk of possible criminal lawsuit
Telegraph.co.uk
Goldman Sachs shares fell their most in a year after an analyst said the pressure for US authorities to bring charges against it was building, and the writer who described the bank as "a giant vampire squid" renewed his attack. ...
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Telegraph.co.uk
Nvidia Profit Falls 2%, Exceeds Wall Street Expectations – NVDA
USA Market News
Nvidia Corporation (NASDAQ:NVDA) posted a decline of 2.00% in profit, however the chip maker moved ahead than the Wall Street's expectations. The firm reported a fiscal Q1 profit of $135.20 million or $0.22 cents per share against a profit of $137.60 ...
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World's top banks face capital surcharge hit: report
Reuters
LONDON (Reuters) - The world's top banks will likely be hardest hit by new capital surcharges that would rise according to size, links to other lenders and how easily a bank could be replaced in a crisis, the Financial Times reported. ...
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Wastewater Information From Pennsylvania Gas Wells Sought by EPA
Bloomberg
By Jim Efstathiou Jr. - Thu May 12 21:27:15 GMT 2011 The US Environmental Protection Agency has asked six companies that drill for natural gas in Pennsylvania to report where they dispose of or recycle contaminated wastewater from hydraulic fracturing ...
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Initial Jobless Claims in US Fell 44000 Last Week
Bloomberg
By Alex Kowalski and Timothy R. Homan - Thu May 12 13:36:33 GMT 2011 The number of Americans filing first- time claims for unemployment insurance payments fell less than forecast last week, indicating recovery in the labor market is taking time to ...
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