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Sabtu, 21 Mei 2011

Google Alert - Business

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US Stocks Drop For Third Week On Euro-Zone, Retail Concerns
Wall Street Journal
By Steven Russolillo Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Major stock indexes fell for a third straight week as worries about the Greek debt situation percolated and troubling profit reports from Gap and Aeropostale prompted concerns about ...
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Gap Sinks Most Since 2002 After 22% Forecast Cut
Bloomberg
By Matt Townsend - Fri May 20 20:10:46 GMT 2011 Gap fell as much as $3.19, or 14 percent, to $20.10 in extended trading, after closing up 21 cents to $23.29 at 4 pm in New York Stock Exchange composite trading. Photographer: Tomohiro Ohsumi/Bloomberg ...
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Justice reviewing airline ticket sales system
Boston Globe
AP / May 21, 2011 DALLAS — The government is investigating whether companies that distribute airline flight and fare information are stifling competition and violating federal antitrust laws. The Justice Department confirmed the investigation yesterday ...
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UPDATE 1-Fila pays $1.23 bln for Fortune Brands golf unit
Reuters
By Mihir Dalal and Denny Thomas HONG KONG/BANGALORE, May 20 (Reuters) - Fortune Brands Inc agreed to sell its golf equipment business for $1.23 billion, to a group led by South Korean sports apparel and footwear maker Fila Korea Ltd, ...
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Cheniere wins an OK for LNG export
Houston Chronicle
By TOM FOWLER The Department of Energy has given Cheniere Energy approval to export liquefied natural gas from its Sabine Pass LNG terminal on the Louisiana side of the waterway. The project still needs final environmental permits and approval from the ...
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Three Banks Fail; 2011 Tally now 43
TheStreet.com
By Philip van Doorn 05/20/11 - 09:43 PM EDT WASHINGTON (TheStreet) - Three banks failed Friday, bringing this year's total number of bank failures to 43. All three banks were previously included in TheStreet's first-quarter Bank Watch List of ...
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OIL FUTURES: Crude Futures Retreat As Dollar Rallies
Wall Street Journal
By Dan Strumpf Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Oil futures fell sharply Friday, extending earlier losses after the dollar jumped against the euro. Light, sweet crude for June delivery recently traded down $2.05, or 2.1%, to $96.39 a barrel ...
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Gold jumps 1.5 percent on euro zone debt fears
Reuters
By Frank Tang NEW YORK (Reuters) - Gold rose 1.5 percent on Friday, its biggest daily gain in two weeks, on safe-haven buying as investors fretted about euro zone debt after Fitch cut Greece's credit ratings. Bullion fell early in the session before ...
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Toshiba Design Questions May Slow U.S. Nuclear-Plant Approvals
San Francisco Chronicle
May 21 (Bloomberg) -- US nuclear regulators are demanding more information about Toshiba Corp.'s new reactor design, potentially delaying its approval for use by power companies such as Southern Co. and Scana Corp. The Nuclear Regulatory Commission's ...
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Gas stations: We're the gouging victims
CNN
By Parija Kavilanz @CNNMoney May 20, 2011: 4:17 PM ET Gas station owners say suppliers are deliberately charging them higher prices for their gasoline supplies. NEW YORK (CNNMoney) -- -- Think you're mad that gas prices are still high, ...
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Protesters disrupt Aetna's shareholders meeting in Center City | Philadelphia ...
Philadelphia Inquirer
By Jane M. Von Bergen Protesters crashed Aetna Inc.'s annual shareholders meeting in Philadelphia on Friday morning, accusing the Connecticut-based health insurer of publicly supporting President Obama's health-care plan while privately funneling money ...
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Backing for Multiple Sclerosis Drug Lifts Stock
New York Times
By BLOOMBERG NEWS Acorda Therapeutics, a biotechnology company, won the backing of European Union regulators for a drug it makes with Biogen Idec to improve walking in multiple sclerosis patients, setting off a 14 percent gain in its share price. ...
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Solar Stock Watch; LDK Solar Maintains Q1, FY2011 Guidance
Beacon Equity Research
LDK Solar Co. Ltd. (ADR) (NYSE: LDK), the China-based producer of solar wafers and solar module reiterated its outlook for the first quarter and full year 2011. The company also said that it will release its first-quarter financial results after market ...
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Ann 1Q Profit Rises 21%; Raises Year Sales View, Sees Strong 2Q
Wall Street Journal
Ann Inc.'s (ANN) fiscal first-quarter earnings rose 21% and beat analysts' estimates on continued growth in same-store sales. Shares were trading down 4.1% at $28.95 premarket as the retailer's gross margin fell to 57.3% from 59.4%, damped down by an ...
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Donaldson Posts Solid 3Q Results
Toronto Star
by Daniel Holland | 20 May 11 Donaldson DCI delivered third- quarter earnings slightly ahead of our expectations as engine filter demand lifted sales nearly 20% over the prior year. Our long-term thesis for Donaldson remains intact, though we may ...
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Yingli Higher 1Q Misses Views, Keeps 2011 Shipment Target
Wall Street Journal
By Cassandra Sweet and Tess Stynes Yingli Green Energy Holding Co. (YGE) posted higher first-quarter earnings that missed expectations, as market disruptions in Europe held up sales, but the company said it would meet its full-year sales target. ...
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Feds end probe into Cat-Bucyrus merger
Peoria Journal Star
In this file photo provided by Caterpillar Inc., a Bucyrus 495HR Electric Mining Shovel is shown loading a Caterpillar 793C mining truck at a mine site, near Peoria.(AP Photo/Caterpillar Inc.) By STEVE TARTER Caterpillar Inc. moved a step closer to ...
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E.U. Approves Blood Thinner From Bristol-Myers, Pfizer
Wall Street Journal
By PETER LOFTUS European health regulators approved a new blood thinner from Pfizer Inc. and Bristol-Myers Squibb Co. for the prevention of blood clots in people who have undergone hip or knee replacement surgery. Access thousands of business sources ...
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SEC Names Chief Economist
Wall Street Journal
By JESSICA HOLZER WASHINGTON—The Securities and Exchange Commission named Vanderbilt University economist Craig M. Lewis to become its chief economist, filling a key post that has been left vacant for more than a year. ...
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IBM to Invest $100 Million for Big-data Analysis Research
PCWorld
By Joab Jackson, IDG News Sensing a greater need in big-data analysis tools, IBM will invest US$100 million to research advanced large-scale analytics, the company announced Friday. IBM also said it will have 20 new service offerings to help customers ...
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Echo Summit route expected to reopen 5 days early
San Francisco Chronicle
Highway 50 over Echo Summit, the main route to South Lake Tahoe, is expected to reopen by this afternoon - five days earlier than scheduled, Caltrans officials said Friday. The official opening time won't be set until today, but crews were busy paving ...
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Yen Weakens After BOJ Maintains Policy
Forex News Now
The Bank of Japan unanimously voted to maintain monetary policy even after a report yesterday showed the country slipped into a recession following a record earthquake. BOJ Governor decided to maintain a 30-trillion yen ($370 billion) credit program ...
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Brazil's May IPCA-15 Price Index Rises 0.7% From Month Ago
Bloomberg
By Alexander Ragir and Iuri Dantas - Fri May 20 14:05:10 GMT 2011 Smaller increases in Brazil's food and energy prices helped ease inflation more than economists expected in May, even as prices of services continued to rise. Consumer prices as measured ...
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Panasonic aims for No.1 Green Innovation Company title
News Box
After the disaster in Japan, caused by earthquake, tsunami and nuclear crisis, Panasonic has decided to reorient itself to nature-friendly products, with the aim to gain the title of "No1. green innovation company in electronics industry". ...
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News Box
Mercury News interview: Tony Bates, Skype CEO
San Jose Mercury News
By Troy Wolverton Tony Bates, CEO of Skype, in Skype'a recreation room, where old telephones decorate the wall, in Palo Alto, Calif., on Thursday, May 19, 2011. Skype recently agreed to be acquired by Microsoft. (LiPo Ching/Mercury News) Tony Bates has ...
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Expanded Drought Threatens Kansas Wheat Crop, Climatologist Says
Bloomberg
By Elizabeth Campbell - Fri May 20 19:25:56 GMT 2011 Drought conditions have expanded across Kansas and are threatening the state's winter-wheat crop, the largest in the US, according to the National Drought Mitigation Center. ...
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United Airlines starts LA-Shanghai flights
CNBC.com
CHICAGO - United Airlines said Friday that it was launching its Los Angeles-to-Shanghai route. United had asked for government permission in October to begin the route, which competes with an American Airlines flight between the two cities. ...
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WaMu agrees on post-bankruptcy control -- report
Reuters
WILMINGTON, Del., May 20 (Reuters) - Washington Mutual Inc (WAMUQ.PK) reached an agreement on Friday that would give shareholders control of the company after it exits bankruptcy, according to a report by Bloomberg News. Brian Rosen, of Weil, ...
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Feds back Toyota on Corolla steering complaints
USA Today
By Chris Woodyard, USA TODAY Once again, federal safety officials can't find anything wrong in a high-profile Toyota safety investigation. This time, it involves reports of faulty steering in Toyota Corollas and Matrixes, the top selling compact cars ...
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USA Today


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