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| U.S. Debt Rating Placed on Review for Downgrade by Moody's as Talks Stall Bloomberg By John Detrixhe and Daniel Kruger - Thu Jul 14 03:25:46 GMT 2011 The National Debt Clock is shown in New York, on April 19, 2011. Photographer: Andrew Harrer/Bloomberg July 14 (Bloomberg) -- Charles Diebel, head of market strategy at Lloyds Bank ... See all stories on this topic » | ||
| Foreclosures plunge in first half of 2011 CNN By Les Christie July 14, 2011: 5:27 AM ET NEW YORK (CNNMoney) -- Foreclosure filings fell dramatically during the first half of the year as processing delays at the banks, which are strapped with excess inventory of repossessed homes, continued to skew ... See all stories on this topic » | ||
| Greek Bank Shares Fall After Fitch Cuts Country's Ratings Wall Street Journal By Michael Haddon Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Shares in Greece's major banks tumbled early Thursday, the morning after Fitch Ratings slashed the debt-ridden country's ratings deeper into junk territory. The Mediterranean country's four ... See all stories on this topic » | ||
| Gold hits record highs on US easing talk, euro zone debt woes Reuters LONDON, July 14 (Reuters) - Gold prices extended earlier gains to record highs for a second day on Thursday after hints of further policy easing from the Federal Reserve and a Moody's warning the United States may lose its top-notch credit rating hurt ... See all stories on this topic » | ||
| Yield on Italy Bonds in Auction Highest Since 2008 CNBC.com Italy sold 4.5 billion euros ($6.4 billion) in long-term debt on Thursday in a series of auctions seen as a gauge of market confidence in the country and of the wider euro zone. Yields on 5-year debt were 4.93 percent, the highest since 2008, ... See all stories on this topic » | ||
| PC sales continue slump amid iPad takeover CNNMoney By David Goldman @CNNMoneyTech July 13, 2011: 5:58 PM ET NEW YORK (CNNMoney) -- Shipments of personal computers in the United States tumbled in the second quarter as manufacturers, retailers and consumers shift their focus to tablets. ... See all stories on this topic » | ||
| European Stock Futures in Retreat as Moody's Puts U.S. on Review on Debt Bloomberg By Adam Haigh - Thu Jul 14 07:35:42 GMT 2011 European and Asian stocks fell after Moody's Investors Service said the American government may lose the Aaa credit rating it's held since 1917. US index futures were little changed. ... See all stories on this topic » | ||
| Crisis of Confidence in Merkel and Trichet: Analyst CNBC.com Since the euro zone debt crisis began, disagreements between the German Chancellor and the head of the European Central Bank have hampered attempts to find a lasting solution, analysts have said. One the one hand Angela Merkel has found it incredibly ... See all stories on this topic » | ||
| Oil Trades Near Four-Day High as US Supply Drop Counters Debt Concern Bloomberg By Ann Koh - Thu Jul 14 07:24:06 GMT 2011 Oil traded near a four-day high in New York after signs of shrinking crude supplies in the US countered speculation the world's biggest consumer of the commodity may face a credit-rating downgrade. ... See all stories on this topic » | ||
| S Korea Won Up Late; Bonds Flat After BOK Keeps Rates On Hold Wall Street Journal SEOUL (Dow Jones)--The South Korean won rose against the dollar Thursday, as sentiment toward the greenback tumbled after Moody's overnight warning on US government bonds. The dollar, which slid to a near three-year low of KRW1,054.00 early Thursday on ... See all stories on this topic » | ||
| Morgan Stanley Could Be Next Wall Street Giant to Cut Staff Fox Business By Charlie Gasparino Morgan Stanley & Co. (MS) could be the next Wall Street firm to announce a major round of layoffs, joining its arch rival Goldman Sachs (GS) in slashing possibly thousands of jobs, the FOX Business Network has learned. ... See all stories on this topic » | ||
| Record Number of Somalian Pirate Incidents Boost Ship Attacks by 36% Bloomberg By Alaric Nightingale - Thu Jul 14 09:02:59 GMT 2011 Pirate attacks climbed 36 percent in the first half of the year as the number of attempts off Somalia in East Africa rose to a record. There were 266 attacks in the period, compared with 196 a year ... See all stories on this topic » | ||
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| U.S. Miner in Talks to Buy Chinese Firm Wall Street Journal By ALISON TUDOR HONG KONG—US mining equipment firm Joy Global Inc. is in talks to buy Chinese peer International Mining Machinery Holdings Ltd., a person familiar with the matter said. International Mining's shares were suspended from trading in Hong ... See all stories on this topic » | ||
| NRC recommends safety measures for nuke plants TheDay.com By Patricia Daddona A federal task force Wednesday recommended sweeping regulatory changes to better protect the public and the nation's 104 nuclear reactors, including two at the Millstone Power Station in Waterford, in light of the Fukushima Dai-ichi ... See all stories on this topic » | ||
| Peabody, ArcelorMittal Sweeten Offer for Macarthur Wall Street Journal By DAVID FICKLING SYDNEY—The world's largest listed coal miner and steelmaker on Thursday sweetened their offer for Australian pulverized coal miner Macarthur Coal Ltd. to around 4.73 billion Australian dollars (US$5.08 billion), while moving a step ... See all stories on this topic » | ||
| GLOBAL MARKETS: European Stocks Weak; US Debt Fears Weigh Wall Street Journal By Ishaq Siddiqi Of DOW JONES NEWSWIRES LONDON (Dow Jones)---European stocks were lower Thursday, as investors fretted over the health of the US economy after Moody's Investor Services put its long-standing AAA rating of US Treasurys on review late ... See all stories on this topic » | ||
| Sweden raids stock exchange in competition probe Reuters STOCKHOLM (Reuters) - Swedish regulators have raided leading local bourse operator Nasdaq OMX Group (NDAQ.O) in a competition probe sparked by a complaint from a small local rival, officials said on Thursday. The raid was carried out last month and was ... See all stories on this topic » | ||
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| Boomers Staying Put at Work Portfolio.com (blog) So much for throwing a retirement party for your baby boomer boss. Instead of clearing out their offices, the generation that is known for pushing boundaries has decided to stick around for a while. A survey of 1001 Americans ages 55 and older released ... See all stories on this topic » | ||
| Contract let for connector between River Line and Atlantic City Rail Line NJ.com By John Barna/Gloucester County Times A $13.8 million contract was let Wednesday to construct a direct commuter link in Pennsauken Township between two rail lines. Terminal Construction Corporation was retained by the NJTransit board of directors to ... See all stories on this topic » | ||
| National budget deficit on track to top $1 trillion Green Bay Press Gazette The federal budget deficit is on pace to break the $1 trillion mark for the third straight year, ratcheting up the pressure on the White House and Congress to reach a deal to rein in spending. The deficit totaled $971 billion for the first nine months ... See all stories on this topic » | ||
| Consortium led by Apax to acquire US medical device company KCI for $6.3bn Banking Business Review A consortium comprised of funds advised by Apax Partners, together with controlled affiliates of Canada Pension Plan Investment Board (CPPIB) and the Public Sector Pension Investment Board (PSP Investments), has agreed to acquire Kinetic Concepts, ... See all stories on this topic » | ||
| Marriott Second-Quarter Earnings Increase as International Properties Grow Bloomberg By Nadja Brandt - Wed Jul 13 22:27:16 GMT 2011 Marriott International Inc., the largest publicly traded US hotel chain, said second-quarter profit climbed 13 percent, helped by growth at its international locations. Net income rose to $135 million, ... See all stories on this topic » | ||
| TEXT-Fitch affirms KT Corporation at 'A'; outlook stable Reuters SEOUL/SINGAPORE, July 14 - Fitch Ratings has affirmed South Korea-based KT Corporation's (KT) Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) and its foreign currency senior unsecured notes at 'A' respectively. ... See all stories on this topic » | ||
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| Oil, food lead June import price fall Boston Globe WASHINGTON - Prices of goods imported into the United States dropped in June for the first time in a year as oil and food expenses retreated. The 0.5 percent fall in the import-price index followed a revised 0.1 percent gain in May, Labor Department ... See all stories on this topic » | ||
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