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Selasa, 23 Oktober 2012

Google Alert - Business

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Stock index futures signal lower open
Reuters
AIG CEO: America should thank us. AIG's outspoken CEO thinks his company deserves respect for its turnaround. And despite AIG's $182 billion bailout, he's no fan of government's "free lunch." Read more at Counterparties · How believable is Greg Smith?
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US Shares Seen Down on Europe, Asia Earnings
CNBC.com
U.S. stock index futures signaled a lower open on Wall Street on Tuesday as disappointing earnings from both Europe and Asia weighed on investor hopes of a global economic recovery. Both European and Asian shares traded lower on Tuesday.
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Iran says may stop oil sales if sanctions tighten
Reuters
DUBAI (Reuters) - Iran said on Tuesday it would stop oil exports if pressure from Western sanctions got any tighter and it had a "Plan B" contingency strategy to survive without oil revenues. Western nations led by the United States have imposed tough ...
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Airbus opens A350 plant to meet rising competition
Reuters
TOULOUSE, France (Reuters) - European planemaker Airbus inaugurated a factory for its A350 jetliner on Tuesday, sparking a new phase in the race for fuel efficiency and profits with U.S. rival Boeing. French Prime Minister Jean-Marc Ayrault fought through ...
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Van Rompuy Vows Push for Women in EU Jobs Amid ECB Row
Bloomberg
European Union President Herman Van Rompuy vowed to push for more women in top EU finance jobs while urging lawmakers to endorse the appointment of Yves Mersch to the European Central Bank's Executive Board. The European Parliament, in a vote ...
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PRECIOUS METALS: Gold Slips in Asia; FOMC Meet in Focus
Wall Street Journal
By Arpan Mukherjee. Gold edged lower in Asia Tuesday, with prices expected to bounce higher on dip buying though near-term market sentiment is likely to be influenced by the U.S. Federal Reserve policy-setting committee's meeting that starts later in the ...
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Nokia seeks $1 billion from bonds to help power fightback
Reuters
Vineyard robot will prune like a pro. A French engineer is offering wine-growers an efficient way to prune their vines without breaking their back - a robot designed to do it for them. Video · Companies won't be early adopters of Windows 8 · In vulnerable ...
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Wells Fargo: 'We're Bullish on Small-Business Lending'
TheStreet.com
In the past 12 months, Wells Fargo approved 3,176 loans worth $1.24 billion backed by the Small Business Administration, the most it (and any other bank, for that matter) has approved in one fiscal year in terms of volume and number of deals, the company ...
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US SMALL/MIDCAPS-Stocks edge lower, OSG tanks
Reuters
NEW YORK Oct 22 (Reuters) - Mid- and smallcap stocks edged lower on Monday with energy shares a major weight as tanker OSG lost almost two-thirds of its market value. Shares of smallcap Overseas Shipholding Group plunged 62 percent after the world's ...
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European Stocks Fall
Wall Street Journal
By Michele Maatouk. European stocks declined, the euro weakened and bond yields edged higher for fiscally stressed countries after Spain's central bank said the country's recession has probably deepened and the nation may not meet its deficit-cutting ...
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Ahead of the Bell: Netflix to review 3Q showing
The Associated Press
(AP) – 1 minute ago. LOS GATOS, Calif. (AP) — Netflix will update investors on the growth of its Internet video service Tuesday when the company releases its third-quarter earnings report. The results, due out after the stock market closes, cover Netflix's ...
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Rosneft sees $5B synergy savings from TNK-BP deal
The Associated Press
(AP) – 5 minutes ago. MOSCOW (AP) — The chief executive of Russian oil company Rosneft says the takeover of TNK-BP could generate synergy savings of up to 5 billion. The state-owned company on Monday unveiled a deal to take over TNK-BP, Russia's ...
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The Associated Press
Diners mourn closing of venerable Locke-Ober
Boston Globe
If the venerable Boston restaurant Locke-Ober were a person, she would be a queen dowager, dressed in finery, eating off only the best linen and china, and drinking imported tea with her pinky finger extended. On Saturday night, after 137 years, this queen, ...
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Boston Globe
Zions Bancorp profit slips 4.5%
MarketWatch
CHICAGO (MarketWatch) -- Zions Bancorporation (US:zion) a 4.5% decrease in third-quarter profit on special items. The company said it earned $62.3 million, or 34 cents a share, compared with a profit of $65.2 million, or 35 cents, in the year-ago period.
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Pfizer buying private NextWave for up to $680 mln
MarketWatch
NEW YORK (MarketWatch) -- Pfizer Inc. (US:pfe) said Monday it'll pay up to $680 million to buy private firm NextWave Pharmaceuticals. The deal includes a payment of $255 million to NextWave shareholders, plus up to $425 million more based on sales ...
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Square to move to S.F.'s Mid-Market
San Francisco Chronicle
Maybe Jack Dorsey just couldn't stay away. Square, the mobile payments company he co-founded and heads, is moving to San Francisco's Mid-Market, one block from Twitter, the company he also co-founded and used to run. Taking up four floors and ...
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San Francisco Chronicle
Lawyer: SAfrica mine owners planned violence
The Associated Press
(AP) – 1 minute ago. JOHANNESBURG (AP) — A lawyer for miners charges that police and mine owners plotted to kill striking mineworkers. Lawyer Dali Mpofu told the Marikana Commission of Inquiry— which is investigating the killing of 34 strikers by police ...
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Romney likes The North Face. Investors don't
CNNMoney
Call it the curse of the GOP? CNNMoney did a piece last week noting how Republican presidential candidate Mitt Romney and his running mate Paul Ryan have been both photographed wearing North Face jackets on the campaign trail. But even though ...
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CNNMoney
Texas Instruments' earnings jump, revenue slips
MarketWatch
SAN FRANCISCO (MarketWatch) -- Texas Instruments Inc. reported a jump in earnings despite a small drop in sales for the third quarter. For the period ended Sept. 30, TI (US:txn) reported net income of $784 million, or 67 cents per share, compared to net ...
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Yahoo Earnings Get a Big Lift from China, a Little One from Everything Else
DailyFinance
Marissa Mayer is good, but she's not that good. Yahoo (YHOO) posted what -- on the surface -- appear to be blowout quarterly results. The online pioneer came through with a profit of $2.64 a share for the three months ending in September, blowing past the ...
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Earnings preview: P&G's 1Q results
NBCNews.com
NEW YORK — Procter & Gamble Co.'s fiscal first-quarter earnings report should give indications on how its plan of focusing on its most profitable markets and product categories is playing out globally. The world's largest consumer products maker's earnings ...
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FedEx to hire 20000 seasonal workers
Bizjournals.com
FedEx Corp. (NYSE: FDX) plans to hire 20,000 seasonal workers, the same as last year, to handle holiday shipping volume that the company expects will be up more than 13 percent, reports NBCNews.com. FedEx, which is closely watched as an indicator of ...
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Dominion shutting down Wisconsin nuke power plant
MarketWatch
NEW YORK (MarketWatch) -- Dominion Resources Inc. (US:d) said Monday it'll book a charge of $281 million in its fiscal third quarter for costs related to the closing of its Kewaunee Power Station in Carlton, Wis., after it couldn't find a buyer for the ...
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AIG to pay up in California death-benefits probe
Sacramento Bee
Settling an investigation that began four years ago, AIG Insurance Co. has agreed to pay an estimated $25 million to $30 million to California beneficiaries of life insurance policies, state officials said Monday. Officials said AIG became the sixth insurance ...
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What Hasbro Earnings Mean to Investors
DailyFinance
Hasbro reported $1.24 in earnings per share, which is a typical performance for the company. And now there's exciting news for Furby lovers: The new and improved Furby will be on the market in time for Christmas, as Hasbro has decided to team up with ...
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Ancestry.com Acquired by Permira for $1.6B -- Eyes Further Expansion Into ...
Forbes
As has been broadly reported this morning, Utah-headquartered geneaology software firm Ancestry.com has entered an agreement to be acquired by an investment group lead by European private equity firm Permira for a reported $1.6B. According to the ...
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Forbes
Poppy's big push: Lerner hit over sale$ to seniors
New York Post
No more tips from "Poppy"! Long Island investment honcho David Lerner, known for his radio ads inviting investors to "Take a tip from Poppy," was banned from the securities industry for a year after regulators said he duped elderly customers into buying ...
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New York Post
Halcon Resources To Buy Petro-Hunt Assets In Williston Basin For $1.45 Bln
NASDAQ
Halcon Resources To Buy Petro-Hunt Assets In Williston Basin For $1.45 Bln. (RTTNews.com) - Independent oil and gas company Halcon Resources Corp. (HK), has agreed to buy some oil and gas assets of Petro-Hunt LLC in the Williston Basin, North ...
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Ruby natural gas pipeline may endanger protected fish species
Las Vegas Review - Journal
Courtesy El Paso Corp. A pipe is unloaded for the Ruby natural gas pipeline in this undated photo. A three-judge federal appeals panel ruled Monday that federal regulators erred in allowing the pipeline to be built across hundreds of rivers and streams in ...
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Las Vegas Review - Journal
Week in review: Solar goes viral, PV breaks 2 efficiency records
Clean Energy Authority
BIPV-type solar installation Among other things solar is doing is going viral, at least in neighborhoods across the U.S., according to a new study. That's good news for solar, as are the two new efficiency records broken last week by different solar technologies.
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Weak gold production weakens Freeport earnings
Arizona Republic
RELATED INFO. Copper production. Freeport's North American mines mostly increased copper production during the third quarter. Morenci (85 percent ownership): Up 2 million pounds to 136 million. Bagdad: Up 3 million pounds to 51 million. Safford: Up 1 ...
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Arizona Republic
Advocacy groups to Citizens: Call back your watchdogs
The Florida Current
Ethics and consumer advocacy groups want Gov. Rick Scott to pressure Citizens Property Insurance Corp. to rethink its decision to disband the Office of Corporate Integrity. Sean Shaw, founder of the consumer advocacy group Policyholders of Florida and ...
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Macerich To Buy Pair of Malls for $1.25 Billion
CoStar Group
Vornado Realty Trust (NYSE: VNO) has announced an agreement to sell its Green Acres Mall in Valley Stream, NY to The Macerich Company (NYSE: MAC) for $500 million, or about $309 per square foot. In a separate agreement, Alexander's, Inc. (NYSE: ...
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Peabody Energy: Third Quarter Results Offer Some Prospects For Long-Term ...
Seeking Alpha
Shares of Peabody Energy (BTU) rose some 11.8% in Monday's trading session. The coal company with operations in the US and Australia reported its third quarter results before the market open. Third Quarter Results. Peabody, the world's largest private ...
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As unconventional US oil, gas boom, so do jobs - report
Reuters
Unconventional oil and gas to support 3 mln jobs by 2020. * Close to two-thirds U.S. domestic oil to come from sector. * Sector faces major tax, environmental, trade policy issues. By Roberta Rampton. WASHINGTON, Oct 23 (Reuters) - The U.S. oil and gas ...
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Big ETF providers fight for investors
Financial Times
A fierce battle for market share has erupted among high-profile providers of US exchange traded funds, with sharp cuts in the fees they charge the chosen weapon to attract cost-conscious investors. Over the past few weeks some of the top players in the asset ...
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DeMarco Shrinks Fannie-Freddie Without Help From Congress
Bloomberg
The man with power over more than half of U.S. mortgages lives in a 1961 brick split-level house. There's a basketball hoop in the driveway and a green Subaru Outback in the carport. The homes on Edward J. DeMarco's block are so close that neighbors see ...
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Southwest to fly from Portland, Maine, to Baltimore-Washington International
The Republic
PORTLAND, Maine — Southwest Airlines says it will fly to Baltimore-Washington International Airport when it begins service next spring out of Portland. The airline says it will initially offer nonstop flights each day between Portland International Jetport and ...
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MTA Chairman: Subway and bus base fare likely to go up
The Republic
NEW YORK — The MTA chairman says the $2.25 base fare for subways and buses is likely to go up. Joseph Lhota tells WOR Radio he wants to focus on keeping the cost as low as possible for the middle class. He says if the base fare doesn't go up, the ...
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Report: Sea piracy drops to lowest level in four years
CNN International
Worldwide pirate attacks at lowest level since 2008; Decline due to a steep drop in piracy off coast of Somalia; Watchdog warns now is not time to be complacent; Attacks increase in West Africa and Indonesia. Hong Kong (CNN) -- Sea piracy has fallen to its ...
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Treasuries Snap Loss on Outlook for Federal Reserve
Bloomberg
Treasuries advanced amid speculation the Federal Reserve will reiterate the need for low borrowing costs at the end of a two-day policy meeting that starts today. Ten-year yields reversed a gain to within two basis points of a five-week high after JPMorgan ...
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Ex-Official at SUNY Charged $131000 in Personal Expenses to Foundation ...
New York Times
A former senior official at the Research Foundation for the State University of New York used his foundation credit card to pay for nearly $131,000 in hockey tickets, iPhones, Godiva chocolates, groceries and other personal expenses, according to an audit ...
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Wal-Mart hit with minimum wage lawsuit as walkout threat looms
Reuters
Oct 22 (Reuters) - A new lawsuit accused Wal-Mart Stores Inc and two staffing agencies of requiring temporary employees to show up early for work, stay late, and work through lunch at the world's largest retailer. The proposed class action, filed on Monday in ...
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Caterpillar Cuts 2012 Forecast for a 2nd Time
New York Times
The caution sign is the latest in a string of forecasts from multinational manufacturers, including General Electric and Honeywell International, that the economic recovery remains tenuous and tepid at best. Caterpillar's retail dealers are selling off inventories, ...
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RBS's Citizens Bank: A Big Target
Wall Street Journal (blog)
As WSJ colleagues reported this morning, the U.K. would rather RBS sell the Providence, R.I.-based bank to help it focus more on the homefront. RBS would rather not, and has consistently called the bank a core operation. Citizens alone would be among the ...
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Wall Street Journal (blog)
Housing Markets Worse Over 4 Years
ABC News
While housing prices are on the rise, foreclosure and real estate research firm RealtyTrac reported that 65 percent of 919 county housing markets are worse off than they were four years ago, based mostly on factors including average sales price and ...
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Stunt devil Felix Baumgartner did not enjoy that death-defying fall to earth ...
The Seattle Times
Visit NBCNews.com for breaking news, world news, and news about the economy. Stunt devil Felix Baumgartner is retiring from the daredevil business. He told the TODAY show Monday that it is time to move on. Guess the ratings for his last stunt were not ...
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Edison: No danger from non-nuclear leak at San Onofre
OCRegister
The operators of the shuttered San Onofre nuclear plant reported a small hydrogen leak to federal regulators Sunday, but they say the leak posed no threat to the public or to workers at the plant. Separately, the plant operator, Southern California Edison, ...
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Telco rings up surprise US$4.9b profit in Q3
Shanghai Daily (subscription)
CHINA Mobile's net profit in the third quarter surprised analysts as the world's biggest telco gained more users and its data income increased. The telco's net earnings from July to September grew 1.4 percent annually to 31.1 billion yuan (US$4.9 billion).
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