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Sabtu, 14 Mei 2011

Google Alert - Business

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GLOBAL MARKETS-Stocks down on Fed nervousness; euro tumbles
Reuters Africa
By Wanfeng Zhou NEW YORK (Reuters) - US stocks fell on Friday and the euro slid to a six-week low against the dollar as euro zone debt fears came back to the fore, accelerating a flight from markets pumped up by the Federal Reserve's easy money policy. ...
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US rig count decreases by 6 to 1830, with most new rigs in New Mexico
Washington Post
By AP, HOUSTON — The number of rigs actively exploring for oil and natural gas in the US decreased by six this week to 1830. Houston-based Baker Hughes Inc. reported Friday that 947 rigs were exploring for oil and 874 for gas. ...
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Borders Mulls Piecemeal Sale
Wall Street Journal
By MIKE SPECTOR And JEFFREY A. TRACHTENBERG Borders Group Inc. is in discussions with a potential bidder for more than 225 stores that would keep the bookstore chain operating as a going concern, said people familiar with the matter. ...
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Bloomberg's Johnson Discusses Yahoo, Alibaba Tensions
Washington Post
May 13 (Bloomberg) -- Bloomberg's Cory Johnson talks about Alibaba Group Holding Ltd.'s spinoff of online payment company Alipay and the impact on Yahoo! Inc., Alibaba's biggest investor. (Source: Bloomberg) (/Bloomberg) Correction: Clarification: ...
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FCC's Baker Defends Her Move to Lobbying
National Journal
By Josh Smith Republican Federal Communications Commissioner Meredith Attwell Baker on Friday defended her decision to leave the agency for a lobbying job with cable provider Comcast and pushed back against critics who questioned her impartiality. ...
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Army makes tough choice to save New Orleans, Baton Rouge
Detroit Free Press
A worker stands by Friday as an excavator empties asphalt being used to build a temporary levee in Krotz Springs, La. People in the swampland community in the Atchafalaya Basin are preparing for flooding. / PATRICK SEMANSKY/Associated Press BY MICHAEL ...
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BATS files for IPO, as exchanges M&A intensifies
Reuters
Joe Ratterman, CEO of BATS Global Markets, speaks at the Reuters Exchanges and Trading Summit in New York March 29, 2010. By Ann Saphir and Tanya Agrawal CHICAGO/BANGALORE (Reuters) - BATS Global Markets filed on Friday to go public, a step that will ...
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Reuters
Treasuries Drop Amid Mixed Economic Data, $72 Billion Note and Bond Sales
Bloomberg
By Susanne Walker - Sat May 14 04:00:11 GMT 2011 Treasuries fell for the first time in five weeks as mixed economic data and a rebound in commodities cooled demand for the safety of US debt. US 10-year note yields touched the lowest since December ...
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Citi reinstates quarterly dividend at 1 cent
Reuters
By Maria Aspan NEW YORK (Reuters) - Citigroup Inc (CN) declared its first dividend in more than two years on Friday, announcing it will pay a penny per share on June 17, but analysts said the bank could take a while to pay the kinds of dividends that ...
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Reuters
Dillard's Profit Rises, and Its Shares Surge
New York Times
By AP Dillard's, the department store operator, said Friday that its profit rose 57 percent in the first quarter, helped by fewer markdowns and reduced expenses. The company said it earned $76.7 million, or $1.31 a share, compared with $48.8 million, ...
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Agilent Technologies net income up on strong sales
Santa Rosa Press Democrat
By STEVE HART Agilent Technologies' Santa Rosa-based electronic measurement business continued to ride the smartphone wave, reporting Friday that sales were up more than 19 percent last quarter. "The smartphone market is very hot," said Ron Nersesian, ...
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Tyco Rises on Report Schneider, Private Equity Discuss Offer
Bloomberg
By Will Daley and Arie Shapira - Fri May 13 20:44:12 GMT 2011 Tyco International Ltd. signage is displayed outside of the company's offices in Princeton, New Jersey. Photographer: Emile Wamsteker/Bloomberg The shares climbed $1.28, or 2.6 percent, ...
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Whirlpool Harmed by Imports of Refrigerators, US Rules
Bloomberg
By Mark Drajem - Fri May 13 16:27:28 GMT 2011 Whirlpool, of Benton Harbor, Michigan, said it was seeking dumping duties against Gyeonggi, South Korea-based Samsung and Seoul-based LG in South Korea. Photo: Neal Hamberg/Bloomberg Whirlpool Corp. ...
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BAE Systems wins big US Army ammo plant contract
Reuters
By Andrea Shalal-Esa and Jim Wolf WASHINGTON, May 13 (Reuters) - Britain's BAE Systems Plc (BAES.L) said on Friday it had won an initial 10-year, $850 million contract to run the US Army's Radford ammunition plant in Virginia, the only domestic ...
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Bullish funds slash commodity bets by $17 billion: data
Reuters
A trader works in the silver and gold options pit on the floor of the New York Mercantile Exchange in New York, April 25, 2011. By Jonathan Leff and KT Arasu NEW YORK/CHICAGO (Reuters) - Big hedge funds and speculators cut their bullish bets on ...
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Reuters
Kind-hearted entrepreneur Leo Kahn dies
Boston Globe
By Bryan Marquard Leo Kahn, who built his family's wholesale business into the Purity Supreme grocery chain, then cofounded the Staples office supply company and was a pioneer of selling natural foods in supermarket-sized venues, died Wednesday in the ...
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Boston Globe
State AG to join gas pricing probe
Albany Times Union
By BRIAN NEARING Staff writer ALBANY -- As $4-a-gallon gasoline prices give Americans everywhere pain at the pump, New York state's top lawyer is joining a federal probe of price gouging and speculation in financial markets. As a representative of the ...
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Farmland Values Surge 20% in Central US, Kansas City Fed Says
Bloomberg
By Alan Bjerga - Fri May 13 13:00:00 GMT 2011 Farmland values in the central US surged in the first quarter as higher prices for crops and cattle sparked demand for rural properties, the Federal Reserve Bank of Kansas City said. ...
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Cramer's 'Mad Money' Recap: Next Week's Game Plan (Final)
TheStreet.com
By Scott Rutt 05/13/11 - 07:31 PM EDT NEW YORK (TheStreet) -- "Don't be misled by today's market action," Jim Cramer announced to the viewers of his "Mad Money" TV show Friday. He said once again stocks are being driven by market mechanics and not the ...
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Glen Ellyn volunteer firefighter accused of stealing money from fire company's ...
The Republic
AP WHEATON, Ill. — A former suburban Chicago volunteer firefighter has been charged with stealing more than $260000 from the fire company's account. David Garmoe of Glen Ellyn was the treasurer of the Glen Ellyn Volunteer Fire Company for 20 years. ...
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Dunkin' Donuts: Can you win a $50 certificate?
Christian Science Monitor
Dunkin' Donuts celebrates National Apple Pie Day by giving away $50 gift certificates to its Twitter followers. But they have to guess the apples used in Dunkin' Donuts apple pies. No, I don't know what's in the box! In this Jan. 8, 2008 file photo, ...
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Christian Science Monitor
Sara Lee abandons insecticide deal in EU
Reuters
By Dhanya Skariachan NEW YORK, May 13 (Reuters) - Objections by European regulators forced Sara Lee Corp (SLE.N) to scale back its plan to sell it insecticides unit to SC Johnson, carving operations in the European Union out of the deal. ...
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P&G sees less-fearful consumers
BusinessWeek
By DAN SEWELL Procter & Gamble sees less-fearful consumers choosing its big brands over store brands while higher-priced new products that pledge to do more are also selling well. Chief Financial Officer Jon Moeller pointed Thursday to those signs of ...
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New Jersey an unlikely leader in US solar energy
Reuters
By Ronda Kaysen MONTCLAIR, NJ, May 13 (Reuters) - New Jersey, home to more industrial waste clean-up sites than any other state, is poised to become an exemplar of US solar power usage -- though not everyone is happy about it. ...
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Orange juice futures rise on hurricane speculation
The Associated Press
Orange juice futures rose 3.3 percent Friday as investors weighed the possibility that hurricanes could disrupt the supply of oranges. The price of frozen orange juice futures typically begins to increase as the hurricane season gets under way. ...
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Citadel's Griffin Debates Dodd-Frank
New York Times
By AZAM AHMED LAS VEGAS — Many hedge fund managers are not happy with the regulatory tone in Washington. Among their biggest concerns: the Dodd-Frank law, which was passed in the wake of the financial crisis. The debate smoldered Friday morning on a ...
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McCaa Uncut: Honest teen rewarded
WFAA
by JOHN MCCAA What a great ending to a story that started so tragically. I'm talking about the Plano teen who found $2000, handed it over to authorities and was then told they City of Dallas was going to keep the cash after no one came forward. ...
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