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Some Banks Haven't Written Down Greek Holdings Enough, IASB Says Bloomberg By Jim Brunsden - Tue Aug 30 08:51:55 GMT 2011 Some European banks have not sufficiently written down their holdings of Greek government bonds and other "distressed sovereign debt," the organization that sets accounting rules in the region said today. ... See all stories on this topic » | ||
PRECIOUS-Gold buoyed by uncertainty ahead of Fed minutes Reuters By Amanda Cooper LONDON, Aug 30 (Reuters) - Gold edged higher on Monday, following its worst weekly performance in two months last week, supported by improving physical demand and some investor uncertainty ahead of minutes from the US Federal Reserve's ... See all stories on this topic » | ||
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Small Businesses Slowed On Hiring In August Small Business News from Gaebler.com The new monthly small business index for August shows that, while the numbers don't reveal another recession, they also don't show signs of a 'robust recovery.' While 35000 jobs were created by small businesses in August, those employees worked fewer ... See all stories on this topic » | ||
Asian Shares End Higher; Banks, Resources Plays Lead Advance Wall Street Journal By Nick Godt in Mumbai and Virginia Harrison in Sydney MUMBAI (MarketWatch)--Asian stock markets ended higher Tuesday, with resources and banking shares among the best performers, as investors showed more appetite for riskier assets in the wake of ... See all stories on this topic » | ||
Economic damage could top $7 billion Atlanta Journal Constitution By Daniel Wagner and Christopher S. Rugaber AP Losses from Hurricane Irene are estimated at $7 billion, less than many had feared. That compounds the vast damage caused by weather in the United States this year but seems unlikely to hurt the overall ... See all stories on this topic » | ||
Don't Expect Zynga IPO in September CNBC.com The game maker Zynga hopes to raise at least $1 billion in an initial public offering this fall—but don't expect shares to trade until October at the earliest, say people familiar with the company's offering plans. A variety of obstacles are likely to ... See all stories on this topic » | ||
Poland's Economy Grows Faster Than Forecast as Investment Offsets Demand Bloomberg By Dorota Bartyzel and Katya Andrusz - Tue Aug 30 09:55:48 GMT 2011 Poland's economy grew faster in the second quarter than economists estimated as investment growth outweighed slowing consumer demand. Gross domestic product grew 4.3 percent from a ... See all stories on this topic » | ||
Oil Falls From Near Three-Week High in London on U.S. Supply Forecasts Bloomberg By Grant Smith - Tue Aug 30 09:25:12 GMT 2011 Oil fell from near its highest in three weeks in London on speculation that crude stockpiles are increasing in the US, the biggest consumer of the commodity. Futures reversed earlier gains as the dollar ... See all stories on this topic » | ||
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China low-fuel landing row reflects growing pains Austin American-Statesman By ELAINE KURTENBACH AP SHANGHAI — Aviation authorities have ordered stiff punishment for a local airline whose pilot refused to yield to a Qatar Airways jet requesting to land because it was short of fuel, highlighting growing concerns over safety in ... See all stories on this topic » | ||
Economic growth to dip below 8 pc after slow first quarter: Industry Economic Times NEW DELHI: The Indian economy is expected to grow at a lower rate than projected by the government in the current fiscal, industry lobbies said Tuesday, after official data showed the economy expanded at a slow 7.7 percent in the quarter ending June. ... See all stories on this topic » | ||
UAW Wants Higher Wages for Auto New Workers Bloomberg By Keith Naughton - Tue Aug 30 04:01:01 GMT 2011 United Auto Workers President Bob King said yesterday he has asked for higher wages for new workers at General Motors Co. (GM), Ford Motor Co. (F) and Chrysler Group LLC, which he said won't add to the ... See all stories on this topic » | ||
Toyota, Honda still feeling quake impact in July MarketWatch By Yoshio Takahashi (Combines domestic production in July at Toyota, Nissan and Honda and adds background in the 4th to the 6th paragraphs. ) TOKYO (MarketWatch) -- Toyota Motor Corp. (7203.TO) and Honda Motor Co. (7267.TO) said Tuesday they were ... See all stories on this topic » | ||
More than 510000 still without power in Conn Houston Chronicle BERLIN, Conn. (AP) — The number of Connecticut utility customers without power in the wake of Tropical Storm Irene has been cut to about 510000. That is down from about 770000 who lost power during the storm, and includes 426000 Connecticut Light ... See all stories on this topic » | ||
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U.S. Stock Futures Decline as 3M, Alcoa Retreat; Universal Display Climbs Bloomberg By Adria Cimino - Tue Aug 30 09:44:03 GMT 2011 US stock futures fell before economic reports that may show a decline in residential real- estate prices and a weakening in consumer confidence. Peabody Energy Corp. (BTU) slipped in German trading after ... See all stories on this topic » | ||
Peabody, ArcelorMittal raise cash offer for Australia's Macarthur Coal Platts US coal company Peabody and Luxembourg-based steelmaker ArcelorMittal Tuesday raised their takeover offer for Australia's Macarthur Coal to A$16/share ($17/share) from A$15.50/share. Macarthur Coal's total equity value comes to A$4.8 billion under the ... See all stories on this topic » | ||
2 in Florida Are Charged In $22 Million Ponzi Scheme New York Times By BLOOMBERG NEWS The Securities and Exchange Commission sued two Florida men, claiming that they had defrauded teachers and retirees in a $22 million Ponzi scheme by posing as a private equity fund while enriching themselves. ... See all stories on this topic » | ||
Green Mountain To Sell Office-Coffee Service Unit For $145M Wall Street Journal Green Mountain Coffee Roasters Inc. (GMCR) agreed to sell its Van Houtte USA Holdings Inc. office coffee-service unit to Aramark Refreshment Services LLC for $145 million in cash. Green Mountain said it had planned to sell Van Houtte's US Coffee ... See all stories on this topic » | ||
Housing market hampers economy Boston Globe AP / August 30, 2011 WASHINGTON - The number of people who signed contracts to buy homes fell in July, further evidence the depressed housing market remains a drag on the economy. The National Association of Realtors said yesterday that its index fell ... See all stories on this topic » | ||
Better Business Bureau warns about loan scam Houston Chronicle LINCOLN, Neb. (AP) — The Better Business Bureau is warning consumers about loan scammers who appear to be trading on the name of a Lincoln bank. The bureau says the advance-fee loan scam is falsely claiming an address and name similar to the ... See all stories on this topic » | ||
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CoreLogic Hires Greenhill to Explore Potential Sale, Cost Cuts Bloomberg By Zachary R. Mider - Mon Aug 29 23:29:08 GMT 2011 CoreLogic Inc. (CLGX), the Santa Ana, California-based seller of property and credit data, hired Greenhill & Co. to help consider options including a sale. The "challenging economic environment and ... See all stories on this topic » | ||
LDK Solar Swings to Loss Wall Street Journal By MELODIE WARNER LDK Solar Co. swung to a second-quarter loss as less demand from Europe caused prices to drop, hurting revenue and margins. Xiaofeng Peng, chairman of the Chinese solar wafer and panel maker, said a drop in government subsidies in ... See all stories on this topic » | ||
Winn-Dixie Edges Wall Street Profit View TheStreet.com By Michael Baron 08/30/11 - 06:07 AM EDT NEW YORK (TheStreet) -- Winn-Dixie Stores(WINN) topped Wall Street's profit expectations for its fiscal fourth-quarter results as same-store sales rose 3.2%. The Jacksonville, Fla. ... See all stories on this topic » | ||
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