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Rabu, 01 Juni 2011

Google Alert - Business

News30 new results for Business
 
Home prices reach 2006 low in major US cities
HeraldNet
Home prices in major areas have reached their lowest level since the housing bubble burst in 2006, driven down by foreclosures, a glut of unsold homes and the reluctance or inability of many to buy. Prices fell from February to March in 18 of the metro ...
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Dollar slips vs. euro but gains on yen
MarketWatch
By Lisa Twaronite , MarketWatch TOKYO (MarketWatch) — The dollar slipped against the euro Wednesday on continued hopes that a resolution to Greece's debt woes and a new austerity plan could be near, but edged up against the yen amid a developing ...
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UK CIPS May Manufacturing Index Falls to 20-Month Low
Bloomberg
By Svenja O'Donnell - Wed Jun 01 09:04:04 GMT 2011 A UK manufacturing index fell to a 20-month low in May as weak domestic demand led to a drop in production and new orders, a survey showed. The gauge, based on a survey by Markit Economics and the ...
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MMC Stands for Mongolian Mining Consolidation
Wall Street Journal (blog)
By Isabella Steger Mongolian horsemen ride past a row of traditional felt tents called 'ger' at a steppe in Orkhon Valley near Kharkorin, about 310km (192 miles) west of Mongolia's capital Ulan Bator. While we're still waiting for more news on the ...
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US Stocks Advance Amid Speculation About Bailout for Greece
Bloomberg
By Rita Nazareth - Tue May 31 17:40:52 GMT 2011 US stocks advanced, trimming the biggest monthly drop since August for the Standard & Poor's 500 Index, amid speculation about additional aid for Greece. Apple Inc. (AAPL) rallied 1.6 percent after saying ...
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Intuit: Small-business jobs rise in mountain states
Bizjournals.com
Small-business jobs in the seven-state mountain region increased by 0.9 percent in May, the largest increase of nine US geographic sectors, according to Intuit Payroll's latest Small Business Employment Index. The Intuit report defines the "Mountain ...
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Nokia shares extend fall, analysts slash targets
Reuters
HELSINKI, June 1 (Reuters) - Investors sold shares in Nokia (NOK1V.HE) again on Wednesday, as analysts slashed their price targets after the mobile phone maker's warning and questioned whether it could ever recapture its lost market share. ...
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Smart Money: Hedge funds sell faltering US banks
Reuters
By Maria Aspan NEW YORK (Reuters) - The recovery of Citigroup and Bank of America provided famed hedge fund managers like Lee Ainslie and Jeff Altman some of their biggest gains last year, but now the smart money is getting out while the getting is ...
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Key Business Groups Support Feuer and Huffman Bill Requiring Prior Approval of ...
Patch.com
Broad Array of Business Groups Support This Legislation to Curb Excessive Health Insurance Rate Increases. Assemblyman Mike Feuer (D), who represents California's 42nd District, authored AB 2244. Courtesy A broad array of California business groups ...
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Egyptian banker charged with sexual assault granted bail
The Guardian
Mahmoud Abdel-Salam Omar was granted bail for $25000 after being charged with sexually assaulting a hotel maid in New York. Photograph: Pool/Reuters The former head of one of Egypt's biggest banks has been granted bail after being arrested and charged ...
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The Guardian
Dalbey Education Institute sued over "Cash Flow" infomercials
Denver Post
By Howard Pankratz Colorado's attorney general and the Federal Trade Commission are suing Westminster-based Dalbey Education Institute, alleging that the company's "Winning in the Cash Flow Business" infomercials mislead and deceive. ...
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Resumed Gulf drilling pays off for Noble Energy
Houston Chronicle
By TOM FOWLER Noble Energy said Monday it has formally exited the Ecuador market now that the nation's government has paid it $97 million for offshore energy assets after canceling a contract last year. The company was paid for its stake in the Block 3 ...
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SAC Capital Faces Insider-Trading Probe Over 2007 MedImmune Deal, WSJ Says
Bloomberg
By Alan Purkiss and Tomoko Yamazaki - Wed Jun 01 06:03:46 GMT 2011 Steven A. Cohen, founder and chief executive officer of SAC Capital Advisors LP. Photographer: Ronda Churchill/Bloomberg Donald Longueuil, former junior portfolio manager at SAC Capital ...
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Swiss Franc Rockets As Economy Shows Strength
Wall Street Journal
LONDON (Dow Jones)--The Swiss franc rushed higher Wednesday, even against the buoyant euro, as a double whammy of strong Swiss economic data reminded traders of the currency's fundamental allure, as well as its appeal in times of stress. ...
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Dollar Slips Against Most Counterparts on US Growth Concern
BusinessWeek
By Lucy Meakin and Masaki Kondo June 1 (Bloomberg) -- The dollar declined against all but three of its most-traded peers before reports likely to show US companies hired fewer workers and manufacturing cooled. The private ADP Employers Services report ...
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World markets muted amid sluggish China growth
Seattle Post Intelligencer
Traders gather around specialist Christopher Gildea, right, at his post on the floor of the New York Stock Exchange Tuesday, May 31, 2011. Photo: AP / AP BANGKOK (AP) â€" World stock markets failed to make headway Wednesday as investors weighed the ...
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Lenovo to Surpass Apple in Europe PC Sales on Medion
Bloomberg
By Ragnhild Kjetland - Wed Jun 01 09:07:54 GMT 2011 Lenovo Group Ltd. (992)'s deal to buy control of German electronics maker Medion AG (MDN) will boost the company's retail customer business in Western Europe and that the combined company will surpass ...
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Toyota recalls certain Prius models
CNN International
By the CNN Wire Staff (CNN) -- Toyota is recalling almost 106000 early-model Prius because of a problem with the power steering and gear box. In the United States, the recall affects about 52000 2001-2003 Prius sold in the United States, ...
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Schneider Electric to Bid for Spain's Telvent in Deal Valued at $2 Billion
Bloomberg
By Frank Connelly and Andrew Noel - Wed Jun 01 06:20:56 GMT 2011 Schneider Electric SA said in its own statement that the purchase will add to earnings per share in the first year, excluding implementation costs. The company will pay for the ...
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INTERVIEW-UPDATE 1-Shanda Games in acquisition talks with social, mobile game ...
Reuters
By Melanie Lee SHANGHAI, June 1 (Reuters) - Chinese game operator Shanda Games (GAME.O) is in acquisition talks with some social and mobile gaming firms in the United States and Asia, its chief executive said on Wednesday. Shanda Games, which reported ...
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Japan May auto sales worst since 1968; Hyundai rises
Reuters
By Mayumi Negishi and Neha Singh TOKYO/MUMBAI, June 1(Reuters) - Japanese auto sales fell by a third in May, the lowest total for that month since 1968, as car makers suffered from the impact of the earthquake and tsunami that roiled the country in ...
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Europe stocks halt recovery rally; data eyed
Reuters
By Blaise Robinson PARIS, June 1 (Reuters) - European stocks dipped in early trade on Wednesday, halting their week-long recovery as investors awaited US economic data for insight on the outlook of the world's biggest economy. ...
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Stock rally sends global wealth to new high in '10
Reuters
Visitors attend the opening night of the Millionaire Fair in Moscow November 27, 2008. Picture taken November 27, 2008. By Joseph A. Giannone NEW YORK (Reuters) - The rising tide of stocks last year further erased the damage of the 2008 financial ...
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Reuters
Yahoo Reaches Agreement Regarding Alipay
Wall Street Journal
By John Letzing, MarketWatch SAN FRANCISCO (MarketWatch)--Yahoo Inc. has reached an agreement in principle with Chinese partner Alibaba Group (ALBIY) over the US firm's compensation for the transfer in ownership of Alibaba payments service Alipay, ...
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Ivory Coast Eurobonds Rise on Speculation Government Will Pay
Bloomberg
By Chris Kay - Wed Jun 01 08:35:04 GMT 2011 Ivory Coast's defaulted Eurobonds gained, rising from their lowest level since April, on speculation creditors will accept late payment after the government said it wouldn't make a June 30 interest ...
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Ashland to pay $3.2B for chemical company
Columbus Dispatch
By Dan Gearino Ashland Inc. will pay $3.2 billion to buy International Specialty Products, combining two chemical companies that have a presence in central Ohio. Together, the two have more than 700 local employees, most of them at Ashland's Dublin ...
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Columbus Dispatch
Toyota More Optimistic on Output Rebound
Wall Street Journal
By CHESTER DAWSON TOKYO—Toyota Motor Corp. said Tuesday that it expects to resume production at 90% of normal capacity during June and match last year's output for the full year, a move signaling a sharp rebound from its post-earthquake doldrums. ...
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General Motors to put $88 million into Cadillac plant
Lansing State Journal
Here is a look at vehicles produced in the area: Delta Twp. plant • Vehicles made: Buick Enclave, Chevrolet Traverse, GMC Acadia • Production in 2010: 277696 vehicles • Employees: 3.690 Cadillac • Vehicles made: Cadillac CTS family of vehicles, ...
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Consumer confidence dips; Fla. rate same
Florida Today
The Conference Board's Consumer Confidence Index fell to a six-month low of 60.8 from a revised 66 in April, a sign of the toll that high gas prices, a choppy job outlook and a moribund housing market are taking on people's psyches. ...
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If you need disability coverage, Social Security probably won't be enough
Boston Globe
By Elliot Raphaelson According to Money magazine, chances are almost 20 percent that an employee will be disabled for at least a year sometime during his or her working life. Meanwhile, corporations are reducing the percentage of employees who are ...
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