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Ackermann Says Higher Capital Won't Master Sovereign Crisis Bloomberg By Nicholas Comfort and Aaron Kirchfeld - Thu Oct 13 08:48:21 GMT 2011 Deutsche Bank AG Chief Executive Officer Josef Ackermann said he doubts forcing European lenders to boost their capital levels will master the sovereign debt crisis. ... See all stories on this topic » | ||
Pratt & Whitney Pays $1.5B for Rolls-Royce Venture Bloomberg By Susanna Ray - Thu Oct 13 01:32:52 GMT 2011 Pratt & Whitney will pay $1.5 billion for Rolls-Royce Group Plc (RR/)'s share of a jet-engine venture that spawned lawsuits, as the companies find common ground to form a new partnership building engines ... See all stories on this topic » | ||
Euribor rates up on bank concerns Reuters FRANKFURT, Oct 13 (Reuters) - Key euro-priced bank-to-bank lending rates edged higher on Thursday as growing concerns about European banks' ability to handle the euro zone's sovereign debt crisis outweighed an incoming wave of central bank liquidity ... See all stories on this topic » | ||
Swiss Stocks Fall, Snapping Six-Day Advance; Roche Drops BusinessWeek By Corinne Gretler Oct. 13 (Bloomberg) -- Swiss stocks retreated, breaking six days of gains, as China's export growth slowed and investors awaited a report that may show the US trade deficit widened. Roche, the world's largest maker of cancer drugs, ... See all stories on this topic » | ||
Carrefour Cuts Profit Target Wall Street Journal By CHRISTINA PASSARIELLO PARIS—French retail giant Groupe Carrefour SA on Thursday cut its full-year profit target for a second time in a few months, battered by see-sawing on its core strategy and increasing worries about consumer spending. ... See all stories on this topic » | ||
Foreclosures continue to plague housing market CNN By Aaron Smith October 13, 2011: 5:41 AM ET Foreclosures filings increased in the latest quarter, along with the time it takes to process them. NEW YORK (CNNMoney) -- Foreclosures continued to plague the US housing market last quarter, while aa growing ... See all stories on this topic » | ||
No decision on whether to pump oil from NZ ship Forbes By NATACHA PISARENKO , 10.13.11, 05:15 AM EDT TAURANGA, New Zealand -- A cargo ship that has already spilled hundreds of tons of oil stayed perched on a New Zealand reef on Thursday while salvage crews were undecided on whether the remaining fuel could ... See all stories on this topic » | ||
Turkcell Falls in Istanbul After Dividend Not Approved BusinessWeek By Mark Bentley Oct. 13 (Bloomberg) -- Turkcell Iletisim Hizmetleri AS, Turkey's biggest mobile phone company, dropped after shareholders didn't vote as scheduled on a dividend from 2010 profit and an attempt by TeliaSonera SA to replace one or more ... See all stories on this topic » | ||
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GLOBAL MARKETS: European Stocks Up Despite Mixed Earnings News Wall Street Journal By Andrea Tryphonides LONDON (Dow Jones)--European stocks posted modest gains Thursday, as investors continued to digest recapitalization plans for the euro-zone's banks but mixed earnings from Europe's blue chip stocks were a reminder that the global ... See all stories on this topic » | ||
Oil hovers above $85 amid demand forecast cuts Forbes By ALEX KENNEDY , 10.13.11, 04:41 AM EDT SINGAPORE -- Oil prices hovered above $85 a barrel Thursday in Asia after the International Energy Agency joined OPEC in cutting its forecasts for crude oil demand amid a slowing global economy. ... See all stories on this topic » | ||
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EU Barroso: Greece Must Reduce Debts If It Is To Succeed Wall Street Journal BRUSSELS (Dow Jones)--Greece needs to reduce its debts if it is going to come through the economic crisis, European Commission President Jose Manuel Barroso said Thursday. "If Greece is going to have success... it's better to reduce the debt than ... See all stories on this topic » | ||
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Oil heat bills are expected to soar Boston Globe By Erin Ailworth Households that heat with oil are expected to spend a record amount this winter to stay warm, with bills projected to rise nearly $200 over last year, according to a federal forecast released yesterday. The US Energy Information ... See all stories on this topic » | ||
SF's Wells Fargo target of antibank protest San Francisco Chronicle Protesters denouncing bank policies and home foreclosures block an entrance to Wells Fargo headquarters in San Francisco. Vanessa Moses, above, and other demonstrators call for the banks to be foreclosed on. Raw Video: Occupy SF Marchers In Financial ... See all stories on this topic » | ||
Fed Signals Next Move May Link Stimulus to Economic 'Mileposts' BusinessWeek By Scott Lanman and Craig Torres Oct. 13 (Bloomberg) -- Federal Reserve officials moved closer to setting targets for economic performance such as inflation to decide how long to keep interest rates at a record low, an action analysts said may come as ... See all stories on this topic » | ||
Liz Claiborne Rises Most in 24 Years on Brand Sale to Penney BusinessWeek Oct. 12 (Bloomberg) -- Liz Claiborne Inc. surged the most since 1987 after announcing a plan to sell brands including its namesake to JC Penney Co. and rename the company to focus on the Juicy Couture, Kate Spade and Lucky Brand lines. ... See all stories on this topic » | ||
BP, 2 other companies cited over Gulf oil spill Seattle Post Intelligencer MICHAEL KUNZELMAN, AP NEW ORLEANS (AP) — Federal regulators on Wednesday cited oil company BP PLC and two other companies — Transocean Ltd. and Halliburton — for alleged safety and environmental violations stemming from last year's rig explosion and ... See all stories on this topic » | ||
Retailers To Resume, Enhance Layaway For Holidays WYFF Greenville GREENVILLE, SC -- For many shoppers, the abundance of Halloween-related merchandise also serves as a reminder of how quickly the Christmas season is approaching. "My son is always more excited than I am," shopper Erin Delaney told WYFF. ... See all stories on this topic » | ||
PC Shipment Growth Misses Projections as Economy Slumps BusinessWeek Oct. 12 (Bloomberg) -- Global personal-computer shipments rose less than forecast in the third quarter, dragged down by disappointing back-to-school sales, a sluggish economy, and a shift to tablets and smartphones, according to Gartner Inc. Shipments ... See all stories on this topic » | ||
Farm fumes create hazard in Batavia Rochester Democrat and Chronicle State environmental officials are investigating a Genesee County farm-chemical incident that sent several people to the hospital and caused emergency management officials to order members of about 275 Batavia households to stay indoors Wednesday ... See all stories on this topic » | ||
In a Down Economy, Fewer Births Pew Social and Demographic Trends By Gretchen Livingston A sharp decline in fertility rates in the United States that started in 2008 is closely linked to the souring of the economy that began about the same time, according to a new analysis of multiple economic and demographic data ... See all stories on this topic » | ||
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No merit to report of Akamai-Google deal-source Reuters SAN FRANCISCO, Oct 12 (Reuters) - A report on Wednesday that Akamai Technologies Inc was close to being acquired by Google Inc is without merit, according to a person familiar with the matter. Shares of Akamai jumped more than 11 percent at one point ... See all stories on this topic » | ||
PepsiCo Plans Higher Prices for Snacks New York Times By REUTERS PepsiCo is planning to raise prices on some Gatorade sports drinks and Frito-Lay snacks in coming weeks to help offset higher commodity costs. Those increases, on top of other increases taken earlier this year, are helping the company stand ... See all stories on this topic » | ||
Kodak, Google, SF Giants, Steve Jobs, Bayer: Intellectual Property Bloomberg By Victoria Slind-Flor - Thu Oct 13 04:01:01 GMT 2011 Avenue Capital Group and Blackstone Group LP (BX)'s GSO Capital Partners LP unit are among investors that own debt in Eastman Kodak Co. (EK) and are seeking to profit from a potential sale of its ... See all stories on this topic » | ||
Job Openings in US Decreased in August, Hiring Climbed BusinessWeek Oct. 12 (Bloomberg) -- Job openings in the US fell in August for the first time in four months, signaling a sustained labor market recovery will take time to unfold. The number of positions waiting to be filled dropped by 157000 to 3.06 million, ... See all stories on this topic » | ||
HP Reportedly Rethinking PC Spin-Off Forbes Hewlett-Packard (HPQ) is reportedly rethinking its plan to spin-off its personal computer unit, according to a report in the Wall Street Journal. The newspaper said new analysis by HP and its advisers shows the cost of spinning off the unit might ... See all stories on this topic » |
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