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| U.S. Stock Futures Retreat on Concern Economic Recovery May Be Faltering Bloomberg By Lynn Thomasson - Tue Aug 02 08:08:42 GMT 2011 US stock-index futures retreated, indicating the Standard & Poor's 500 Index may fall for a seventh day, amid concern the country's economic recovery may be faltering. Futures on the S&P 500 expiring in ... See all stories on this topic » | ||
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| US factory growth slows, casts shadow on economy Reuters By Lucia Mutikani WASHINGTON, Aug 1 (Reuters) - US manufacturing grew at its slowest pace in two years in July as new orders contracted, casting doubt on expectations the faltering recovery would quickly regain steam. The Institute for Supply ... See all stories on this topic » | ||
| Debt deal or not, weak economy is likely to suffer Oshkosh Northwestern WASHINGTON (AP) — No matter how the debt crisis ends, the economy will probably take a hit. The question is how big. Failing to raise the federal borrowing limit would force the government to slash spending immediately and possibly cause a default, ... See all stories on this topic » | ||
| Caterpillar to expand, add 250 new jobs in West Fargo In-Forum WEST FARGO – Caterpillar is embarking on a $50 million expansion to its West Fargo plant that will nearly double the company's 300-person workforce here, the company said Monday. WEST FARGO – Caterpillar is embarking on a $50 million expansion to its ... See all stories on this topic » | ||
| Analysis: Debt deal takes minor swipe at red ink Seattle Post Intelligencer ALAN FRAM, AP The White House is seen at night in Washington, Monday, Aug. 1, 2011. The House of Representatives passed a bill on Monday evening to cut spending and raise the debt ceiling until 2013, just one day before the deadline for the government ... See all stories on this topic » | ||
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| Stocks, Treasury Yields Drop on US Outlook; Franc at Record BusinessWeek By Stuart Wallace Aug. 2 (Bloomberg) -- European stocks dropped to a 10-month low, US futures fell and Treasury yields reached the lowest this year on signs US growth is slowing. The Swiss franc and the cost of insuring against France defaulting rose ... See all stories on this topic » | ||
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| Europe wary of creation of 'mega exchange' Forbes By GABRIELE STEINHAUSER , 08.02.11, 05:35 AM EDT BRUSSELS -- In the US, the planned takeover of NYSE Euronext by Germany's Deutsche Boerse made waves because it means ceding the storied trading floor on 11 Wall Street to foreign control. ... See all stories on this topic » | ||
| Japanese company Kirin Holding Co. buys the largest stake from Brazilian ... Day Breaking News Brazilian developer Schincariol Group stakes was bought by Kirin Holding Company that information was told by Kirin Companies officials on Tuesday. $ 2.53 billion is the quantity which one most takeover dealing by the Japanese company. ... See all stories on this topic » | ||
| 3-month T-bills at highest since Feb. Boston Globe By AP WASHINGTON - Interest rates on short-term Treasury bills rose in yesterday's auction, with rates on three-month bills rising to their highest level since February. The Treasury Department auctioned $27 billion in three-month bills at a discount ... See all stories on this topic » | ||
| Ford Recall: Over 1.1 Million Pickup Trucks Are Affected Christian Post By Ravelle Mohammed | Christian Post Contributor Ford Motor Company is recalling 1.1 million of its full-size pickup trucks throughout the United States. There is a possibility that the strap securing the gas tank could rust, causing the tank to detach ... See all stories on this topic » | ||
| OIL FUTURES: Crude Reverses Early Gain On Economy Concerns Wall Street Journal By Max Lin Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--Crude-oil prices reversed early gains in Asia Tuesday, as investors shifted their focus to a possible global economic slowdown from the resolution of US debt issues. On the New York Mercantile ... See all stories on this topic » | ||
| GERMANY: Metro Says FY Forecasts Hard To Attain, Reports Weak Q2 Growth Namnews The Metro Group has said it will find it hard to meet its full-year profit forecasts, even as it reported weak growth in its second quarter, hurt by lower spending due to the ongoing economic crisis. Metro said it still expects to achieve profit growth ... See all stories on this topic » | ||
| South Korea's foreign reserves hit fresh record high in July Washington Post By AP, SEOUL, South Korea — South Korea's foreign reserves hit a fresh record high in July as the country's buffer against potential financial turmoil renewed its rise after two months of decline. The Bank of Korea announced Tuesday that official ... See all stories on this topic » | ||
| BMW Profit Increases to $4.1 Billion on Demand for Revamped X3, 5-Series Bloomberg By Chris Reiter - Tue Aug 02 08:06:28 GMT 2011 A Bayerische Motoren Werke AG (BMW) X3 xDrive 20d. The maker of BMW, Mini, and Rolls-Royce vehicles raised its 2011 profit and sales forecasts on July 12, citing strong demand across global auto markets. ... See all stories on this topic » | ||
| DSM Advances as Earnings Prove Resilient to Raw-Material Costs BusinessWeek By Andrew Noel Aug. 2 (Bloomberg) -- Royal DSM NV, the world's biggest maker of vitamins, climbed the most in three months in Amsterdam trading as second-quarter earnings proved resilient to rising raw-material prices and weakness in some markets. ... See all stories on this topic » | ||
| European stocks decline on U.S. recovery fears; DAX sheds 0.6% Business Insider Forexpros – European stock markets were broadly lower on Tuesday, falling to a nine-month low amid concerns the US economic recovery was faltering, while BNP Paribas shares dropped following disappointing earnings. During European morning trade, ... See all stories on this topic » | ||
| AT A GLANCE: UK Banks Cut Jobs As Weak Earnings, Rules Bite Fox Business By Michael Haddon THE EVENT: Barclays PLC (BCS) announcement that its net headcount is likely to fall by around 3000 this year comes hot on the heels of HSBC Holdings PLC's (HBC) plans to slash around 30000 roles to cut costs and revamp its business, ... See all stories on this topic » | ||
| Freshwater Pearls, Made in China New York Times For two decades, China has been the world's biggest pearl producer, flooding the market with small and cheap pearls of costume-jewelry quality. But now some producers are using new techniques to push into the lower reaches of the market for gem-quality ... See all stories on this topic » | ||
| LivingSocial Pushes Asia Expansion With Buy Of South Korea's Ticket Monster Wall Street Journal By Tricia Duryee and Jung-Ah Lee Online deals company LivingSocial said Tuesday it will buy South Korea's largest daily deals site, Ticket Monster Inc., giving it a major beachhead in a key Asian country. The deal is the ninth acquisition by Washington ... See all stories on this topic » | ||
| Wall Street Sees Nudity, Arrests Wall Street Journal By PERVAIZ SHALLWANI Two men and a woman who police say removed all or some of their clothes outside the New York Stock Exchange on Monday morning were arrested and charged with disorderly conduct. The disrobing was part of a five-minute public-art ... See all stories on this topic » | ||
| Slim's America Movil offers $6.5bn for Telmex Financial Times By FT Reporters Carlos Slim moved to bring his telecommunications empire under one roof when América Móvil launched an offer to buy the rest of Telefonos de Mexico (Telmex). América Móvil, which is controlled by the Mexican billionaire, already owns ... See all stories on this topic » | ||
| BNP Paribas Profit Gains 1.1% as Consumer Banking Cushions Greek Debt Loss Bloomberg By Fabio Benedetti-Valentini - Tue Aug 02 07:38:02 GMT 2011 BNP Paribas joins Credit Agricole SA and Germany's Deutsche Bank AG in writing down holdings of Greek government. BNP Paribas joins Credit Agricole SA and Germany's Deutsche Bank AG in writing ... See all stories on this topic » | ||
| Verizon, AmEx in mobile pact Investor's Business Daily The largest US wireless carrier will offer a mobile payment system from American Express (AXP) on its phones and tablets, as part of the rush by telecoms and banks into mobile finance. The credit card company's Serve software will allow Verizon users ... See all stories on this topic » | ||
| Private equity firm buys a stake in Talbots The Patriot Ledger By Jon Chesto Shares in Talbots Inc. rose 18 percent after the Hingham-based apparel retailer disclosed that a New York private equity firm acquired a 9.9-percent stake in the company. The disclosure Monday that Stefan Kaluzny and his firm Sycamore ... See all stories on this topic » | ||
| Fresenius acquires dialysis rivals for $2.09bn Financial Times By Chris Bryant in Frankfurt Fresenius Medical Care, the world's largest provider of dialysis products and services, has agreed to acquire two dialysis-related companies for a combined $2.09bn as the sector comes under pressure to drive efficiency and ... See all stories on this topic » | ||
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| Windstream had eyed PAETEC 'for long time' Rochester Democrat and Chronicle Windstream Corp. CEO Jeffery R. Gardner. Windstream, which employs about 10000 people, announced Monday its plan to acquire Perinton-based PAETEC Holding Corp. ARKANSAS DEMOCRAT-GAZETTE/2010 FILE PHOTO Business: An Internet service provider and ... See all stories on this topic » |
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