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Senin, 22 Oktober 2012

Google Alert - Business

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US Stocks Seen Up; Caterpillar Earnings Eyed
CNBC.com
FTEU3 Loading... () ] edged higher on Monday however, with Spanish Prime Minister Mariano Rajoy's win in regional elections seen as an endorsement of his austerity drive. In the U.S., investors' attention will once again focus on third-quarter earnings on ...
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Japan Trade Suffers Amid China Dispute
Wall Street Journal
By TAKASHI NAKAMICHI. TOKYO—New trade data from Japan show that the territorial dispute with China over a small group of islands is hitting the economy and threatening to worsen a global economic softening. Since the spat over the sovereignty of East ...
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GrainCorp Shares Rise on Archer Bid
New York Times
SYDNEY — Archer Daniels Midland, the American agriculture giant, said Monday that it had made a bid for GrainCorp, the last independent Australian grain handler, that values it at $2.75 billion, sending GrainCorp shares soaring as investors bet on a higher ...
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Hong Kong Dollar Forwards Rise Most Since March After Peg Tested
Bloomberg
Traders increased bets Hong Kong will end a 29-year-old peg to the dollar after the currency reached the upper limit of its permitted range and triggered intervention by the city's monetary authority. Two-year forwards strengthened 0.11 percent to HK$7.74 per ...
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Yen Falls for 8th Day After Export Slump Spurs BOJ Bets
Businessweek
The yen fell for an eighth day against the dollar, the longest streak in seven years, as a report showing Japan's exports fell the most since the 2011 earthquake fueled bets the central bank will add more stimulus. Japan's currency dropped at least 0.5 percent ...
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Land battles surface in Myanmar as reforms unfold
The Associated Press
By ERIKA KINETZ, AP Business Writer – 2 minutes ago. MINGALADON, Myanmar (AP) — The landscape of Mingaladon township on the northern outskirts of Myanmar's main city tells a story of economic upheaval. Skeletons of factories for a new industrial ...
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BP Near Deal to Sell Russian Assets to Rosneft
New York Times
LONDON — The British energy giant BP said on Monday that it was in advanced talks with the Russian state oil company Rosneft about the sale of its 50 percent stake in TNK-BP. After several days of speculation that it was close to a deal with Rosneft, BP ...
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New York Times
German Economy May Contract in Fourth Quarter, Bundesbank Says
Bloomberg
The German economy, Europe's largest, may shrink in the current quarter after expanding in the previous three months as weaker global growth weighs on export demand, the Bundesbank said. "There are increasing signs that a perceptible expansion of ...
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Stocks in the S&P's $100 Club
Washington Post
Apple Inc., $609.84. Priceline.com Inc., $560.50. Intuitive Surgical Inc., $538.35. MasterCard Inc., Class A shares, $470.06. AutoZone Inc., $369. Washington Post Co., Class B shares, $345.75. Chipotle Mexican Grill Inc., $243. Amazon.com Inc., $240 ...
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Australia Coal Workers Accept BHP Billiton Workplace Offer
Wall Street Journal
By ROBB M. STEWART. MELBOURNE—Workers at BHP Billiton Ltd. and Mitsubishi Corp.'s jointly-owned coking coal mines in eastern Australia have voted to accept a new workplace agreement, bringing to an end a dispute that has dragged on for almost ...
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Greg Smith and Goldman Sachs: A Bad Romance
Businessweek
Greg Smith, as he tells it in Why I Left Goldman Sachs, claims the firm didn't treat its clients very well. He was upset about this, so he quit. But instead of giving two weeks notice and heading off to some pub to toast his 12 years at the firm, Smith wrote an ...
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Ahead of the Bell: Yahoo CEO to Share Her Vision
ABC News
Yahoo CEO Marissa Mayer is expected to share her plans for turning around the Internet company in a conference call with analysts and investors Monday afternoon. The call is being held after the stock market closes to review Yahoo's third-quarter earnings.
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Siemens Exits Solar Units in Setback for Green Portfolio
Businessweek
Siemens Exits Solar Business in Setback for Green-Portfolio Push. Siemens is pulling the plug on a business created with acquisitions including Archimede Solar Energy and Solel Solar Systems in 2009, as deteriorating prices for photovoltaic modules have ...
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Eurozone crisis live: Merkel offers Ireland hope
The Guardian
The UK's relations with the EU have always been complicated and prickly, but they are now entering uncharted territory as the policy agenda becomes increasingly dominated by politically sensitive issues setting the UK at odds with its EU partners. The first of ...
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Electrolux, Philips Warn Of US Slowdown
Wall Street Journal
By KATARINA GUSTAFSSON and ROBERT VAN DEN OEVER. Swedish white-goods giant Electrolux AB and Dutch electronics company Royal Philips Electronics Monday warned of a slowdown in North American demand for consumer electricals, while ...
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Permira Said to Buy Ancestry.com for $1.6 Billion
New York Times (blog)
LONDON – A consortium led by the European private equity firm Permira has agreed to buy Ancestry.com for around $1.6 billion, according to a person with direct knowledge of the matter. Under the terms of the deal, Permira and its partners will pay $32 a ...
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Supply concerns, weak dollar lift crude-oil prices
MarketWatch
Supply concerns, weak dollar lift crude-oil prices. LONDON (MarketWatch) — Oil futures moved higher during European trading hours on Monday, as investors worried about supply constraints and continued tensions in the Middle East. Crude-oil futures for ...
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Somalia Piracy Attacks Plunge as Navies Secure Trade Route
Bloomberg
Somalia piracy attacks against merchant shipping plunged in the third quarter as improved on- board security and interventions by navies led to a decline in incidents on a trade route linking Asia and Europe. One ship was attacked between July and ...
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Bloomberg
S.Korea's Samsung Engineering wins $871 mln order in Saudi Arabia
Reuters
SEOUL Oct 22 (Reuters) - Samsung Engineering Co said on Monday it won an $871 million order to expand a hydrogen refinery in Yanbu, Saudi Arabia from the Saudi Aramco Lubricating Oil Refining Company (Luberef). The South Korean engineering ...
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Joanna Shields leaves Facebook to join UK's Tech City
BBC News
Facebook's European boss Joanna Shields is to leave the social network to lead the UK government's investment group for technology start-ups. The Tech City Investment Organisation (TCIO) supports firms based near the Silicon Roundabout area of east ...
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BBC News
Greece Austerity Diet Risks 1930s-Style Depression: Euro Credit
Bloomberg
Greece is spiraling into the kind of decline the U.S. and Germany endured during the Great Depression, showing the scale of the challenge involved in attempting to regain competitiveness through austerity. The economy shrank 18.4 percent in the past four ...
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San Mateo Bridge work ahead of schedule
San Francisco Chronicle
Caltrans officials canceled a second closure of the San Mateo Bridge scheduled for next weekend after deciding Sunday that construction crews could complete all of their repairs by early Monday morning. The 7-mile-long bridge between Foster City and ...
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News Corp denies Los Angeles interest
The Guardian (blog)
I reported yesterday that Rupert Murdoch's News Corp was reported - by the Los Angeles Times - to be trying to acquire it from the Tribune company. But I didn't spot that News Corp later issued a formal and unequivocal denial, as reported by Bloomberg ...
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Maine company helps customers track their lobster
San Francisco Chronicle
MILBRIDGE, Maine (AP) — A Maine company is making it easier for lobster lovers to track their meal. Dorr Lobster Co. has been putting identification tags on lobsters shipped out of its Milbridge facility for retail sale since the summer. The tags, which can be ...
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Man shot to death near downtown Charleston
San Francisco Chronicle
CHARLESTON, S.C. (AP) — A man has been shot and killed near downtown Charleston. Police say someone reported a shooting to 911 around 6 a.m. Saturday at an intersection not far from the end of Interstate 26 in Charleston. Authorities said 37-year-old ...
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Electrolux sales rise despite Europe woes
Financial Times
Home appliance maker Electrolux on Monday reported a 6 per cent rise in net sales in the third quarter of 2012, compared with the same period last year, as demand for fridges, cookers and washing machines picked up in several key markets. The increase ...
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Expired farm bill costs SD dairy farmers money
NECN
MITCHELL, S.D. (AP) — The stalled farm bill may cost small dairy farmers in the state hundreds of thousands of dollars in lost government subsidy payments, and it could double the cost of a gallon of milk in stores. The Milk Income Loss Contract program ...
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IBM, HP, Sprint retain top spots in Newsweek Green Rankings
GreenBiz.com
In the race to become the world's greenest company, Team Finance and Team Technology have taken the lead. So say the results of Newsweek's fourth-annual Green Rankings released this morning, which ranked IBM as the top environmental performer out ...
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GreenBiz.com
US Firm, China Sign Potash Deal
Wall Street Journal
By IAN BERRY. Denver-based Prospect Global Resources Inc. reached a $2 billion agreement to deliver potash to a Chinese chemical company in a deal for twice last year's U.S. exports of the fertilizer ingredient. Under the agreement, Sichuan Chemical ...
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Tennessee's Medicare shopping season begins
Greenville News
Where to get help and advice: Resources to compare Medicare health and prescription drug plans: Tennessee State Health Insurance Program: Call the help line, 1-877-801-0044. Medicare info line: 1-800-MEDICARE. Medicare Rights Center: Consumer ...
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Fast food sales slow in China
CNNMoney
NEW YORK (CNNMoney) -- China took a bite out of junk food in the third quarter. Last week, Coca-Cola (KO, Fortune 500) said that sales in China grew an anemic 2% compared to 11% a year ago. Shares of the world's largest beverage company lost more ...
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Another gas-fired power plant proposed in the Marcellus
Gas Business Briefing
LS Power is the latest generation company to pursue construction of a gas-fired power plant in Pennsylvania's Marcellus Shale. The company last week received preliminary approval from the North Beaver Township planning commission for a $750m, ...
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Statoil Optimizes NCS Portfolio with Edvard Grieg Acquisition
Rigzone
Norwegian major Statoil is planning to optimize its Norwegian Continental Shelf (NCS) portfolio via a transaction with German oil and gas company Wintershall. Statoil announced Monday that it will exit its Brage licenses and farm down its stake in the Gjøa ...
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Yelp to Business Owners: Don't Try to Game Our System
Terra.com
image credit: Yelp. For business owners, having a page on popular user-review site Yelp can be a blessing or a nightmare. A page full of five-star reviews can help drive business. A page stocked with negative reviews, however, can turn potential customers ...
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Huge Seizure of Illegal Ivory in Hong Kong
New York Times (blog)
HONG KONG — Authorities in Hong Kong have intercepted one of the largest shipments of illegal ivory in history — 1,209 elephant tusks and ivory ornaments weighing more than 8,400 pounds. The Hong Kong Customs and Excise Department announced ...
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New York Times (blog)
Copper touches 1-month low; equities, Japan exports weigh
Reuters
SHANGHAI (Reuters) - London copper touched a one-month low on Monday after disappointing earnings from leading U.S. companies and a bigger-than-expected fall in Japan's exports dented appetite for riskier assets. Asian equities dipped after U.S. ...
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New York Is No Silicon Valley Yet, But It's Making Progress
Huffington Post
NEW YORK (AP) — New York's mayor has made no secret of his quest to have the Big Apple rival Silicon Valley as a high-tech hub. The city isn't there, at least not yet, but it can point to a series of promising signs. Tech titans including Google and Facebook ...
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Anger grows over large companies' tax bills as attention turns to eBay and Ikea
The Guardian
Pressure is mounting on large multinational companies to pay their fair share of tax following new revelations about the amount of tax paid by eBay and Ikea. The focus on the tax affairs of the internet auction house and the Swedish retailer comes amid ...
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The Guardian
No clarity on closing of Locke-Ober restaurant
Boston Globe
Tucked away down a small alley in the heart of bustling Downtown Boston, Locke-Ober, one of the city's oldest restaurants, quietly shut down Saturday night, with no notice except a sign on the door thanking its loyal patrons and another stating, "Sorry, we are ...
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Dr Reddy's Laboratories to acquire OctoPlus NV for 27.39 million euros
Economic Times
HYDERABAD: Hyderabad-based drugmaker Dr Reddy's Laboratories has on Monday agreed to buy the entire equity holding of the Dutch injectable specialty generics manufacturer OctoPlus NV for 27.39 million euros (Rs 191.72 crore) in an all cash deal.
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Economic Times
WHY IT MATTERS: Outsourcing
The Associated Press
By By CHRISTOPHER S. RUGABER, AP Economics Writer – 2 minutes ago. The issue: U.S. multinational companies have taken advantage of lower trade barriers over the past 15 years to shift jobs and production to lower-wage countries, a practice ...
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Kingfisher Airline shares drop on licence suspension
Telegraph.co.uk
Kingfisher Airline shares drop on licence suspension. Shares in Kingfisher Airline, controlled by entrepreneur Vijay Mallya, dropped 4.8pc on Monday after the Indian regulator suspended its licence, forcing the debt-laden carrier to stop taking bookings.
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Telegraph.co.uk
Vietnam Warns of Slump, Apologizes for 'Weak' Management
Wall Street Journal
By VU TRONG KHANH And NGUYEN PHAM MUOI. HANOI—Vietnam's prime minister warned economic growth will slump more than expected this year to its slowest pace since 1999 and offered a rare apology for the government's "weakness" in managing ...
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Sharp says boosts IGZO display output; shares soar
Reuters UK
TOKYO (Reuters) - Japan's Sharp Corp said it has boosted output of its IGZO displays, the thin, power-saving screens that the struggling TV maker wants to sell to ultrabook PC makers to spark a revival in its fortunes. Shares of Sharp gained as much as 11 ...
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Apache LNG Plan in Limbo
Wall Street Journal
By BEN LEFEBVRE. Two years ago, Apache Corp. helped pioneer the idea of exporting North America's abundant natural gas to Asia. But growing competition from rivals intent on doing the same thing has put its trail-blazing project in limbo. Hopes were high ...
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Indonesia-Market factors to watch on Oct 22
Reuters
JAKARTA, Oct 22 (Reuters) - Following are some company-related and market news that could have an impact on the local market. ----------------------MARKET SNAPSHOT @ 0004 GMT ------------ INSTRUMENT LAST PCT CHG NET CHG S&P 500 1433.19 ...
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RPT-GLOBAL ECONOMY-Fork in the road as US outstrips Europe
Reuters
Fed policy gaining purchase, but too slowly for FOMC. * ECB stance helping euro zone, but PMIs still grim. * Chinese PMI, British GDP under microscope this week. By Alan Wheatley, Global Economics Correspondent. LONDON, Oct 21 (Reuters) - Slowly but ...
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Germans Still Support Dropping Nuclear Power, Regardless Of Consequences
RedOrbit
redOrbit Staff & Wire Reports – Your Universe Online. Despite rising costs and the threat of winter blackouts resulting from Germany's decision to start discontinuing the use of nuclear energy, the majority of that country's citizens support the government's ...
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RedOrbit


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