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| Bill Miller Loses Market Share as Asset Allocators Reroute Clients to ETFs Bloomberg By Christopher Condon - Thu Jun 09 04:01:01 GMT 2011 Stephen J.Cucchiaro, founder and chief investment officer of Windhaven Investment Management, poses in this undated handout photo provided to the media on June 7, 2011. Source: Charles Schwab Corp. ... See all stories on this topic » | ||
| U.S. Senate Rejects Delay of Fed's Debit-Card Swipe Fee Caps in 54-45 Vote Bloomberg By Phil Mattingly - Wed Jun 08 23:40:40 GMT 2011 The US Senate rejected a six-month delay of a Federal Reserve rule capping debit-card swipe fees set by Visa Inc. and MasterCard Inc. Photographer: Brian Mullennix/Iconica/Getty Images June 8 (Bloomberg) ... See all stories on this topic » | ||
| CME Plans To Exit Illinois Over Tax Hike Emii.com CME Group is considering a possible move of its corporate base, in response to a state tax hike, Chicago Sun Times reports. The Illinois government raised the state's corporate tax rate to 9.5% from 7.3%. The state legislature's tax hike on ... See all stories on this topic » | ||
| Citigroup Card Customers' Data Hacked New York Times By CHRIS V. NICHOLSON Citigroup has acknowledged that unidentified hackers breached security and gained access to the data of hundreds of thousands of its bank card customers. "During routine monitoring, we recently discovered unauthorized access to ... See all stories on this topic » | ||
| Coupons.com raises $200 million CNN By Laurie Segall @CNNMoneyTech June 9, 2011: 5:30 AM ET NEW YORK (CNNMoney) -- Call it "the Groupon effect": Investors are flinging money at sites that help consumers pinch their pennies. Coupons.com announced a $200 million financing round on Thursday ... See all stories on this topic » | ||
| Rig owner challenges report on Gulf disaster Houston Chronicle By BRETT CLANTON Citing what it called "overt errors" and "rank speculation," Deepwater Horizon rig owner Transocean on Wednesday urged the Coast Guard to revise a recent draft investigation report that said the company was partly to blame for last ... See all stories on this topic » | ||
| Exxon Finds 700 Million-Barrel Oil Field in Deep-Water Gulf Bloomberg By Joe Carroll - Wed Jun 08 20:12:55 GMT 2011 Exxon Mobil Corp. (XOM) announced it found the equivalent of 700 million barrels of oil beneath the Gulf of Mexico, the biggest discovery in the region in 12 years. The estimated size of the Hadrian field ... See all stories on this topic » | ||
| IRS trims ranks of nonprofit groups Boston Globe WASHINTON — The IRS announced yesterday that it had revoked the tax exemptions of 275000 nonprofit organizations after they did not meet legal requirements to file annual returns. The action shrinks the nation's growing nonprofit sector by roughly 17 ... See all stories on this topic » | ||
| McDonald's Investors Shouldn't Grimace Barron's By JOHANNA BENNETT | MORE ARTICLES BY AUTHOR Though May same-store-sales disappointed, the fast-food chain's stock continues to be a tasty investment. McDonald's same-store sales figures for May weren't exactly "supersized." The iconic fast-food chain ... See all stories on this topic » | ||
| Fed's Plosser warns of inflation risks from QE Reuters Philadelphia Federal Reserve President Charles Plosser speaks at an Economics21 event in New York, March 25, 2011. LONDON (Reuters) - Senior US Federal Reserve official Charles Plosser warned on Thursday of the risks to future inflation from its ... See all stories on this topic » | ||
| HK land auction fetches $1.54 bln, Cheung Kong the buyer Reuters By Donny Kwok and Joy Leung HONG KONG, June 9 (Reuters) - Hong Kong sold two residential sites for a combined HK$11.95 billion ($1.54 billion) via auction on Thursday, illustrating the optimism among developers over prospects for the already red-hot ... See all stories on this topic » | ||
| EURO GOVT-Greek bond yields rise on fresh aid doubts Reuters By William James LONDON, June 9 (Reuters) - Greek bond yields rose on Thursday after European officials said more steps were needed to meet deficit cutting targets, with no clarity over how policymakers intend to resolve the country's debt problems. ... See all stories on this topic » | ||
| Sinochem: Committed To Oil Exploration In Colombia Despite Kidnapping Wall Street Journal SHANGHAI (Dow Jones)--The four Chinese workers kidnapped in Colombia are not employees of China Sinochem Group Corp., and it won't affect the company's operations in the South American country, Sinochem's spokesman said Thursday. ... See all stories on this topic » | ||
| TI Blames Nokia for Lower Q2 Revenue Forecast PCWorld By Agam Shah, IDG News Texas Instruments has lowered its revenue forecast for the second fiscal quarter due to lower demand for its products from Nokia. TI said its lower revenue projection is directly related to the market performance of Nokia, ... See all stories on this topic » | ||
| Japan's Mitsui to buy 9% of Poland shale-gas sites MarketWatch By Marynia Kruk WARSAW -(MarketWatch)- Japanese trading house Mitsui & Co. Ltd. (8031.TO) said Thursday it has agreed to acquire a 9% stake in Polish shale gas exploration concessions from subsidiaries of Marathon Oil Corp. ... See all stories on this topic » | ||
| Japan Q1 revised GDP kept at minus 0.9 pct, recovery in sight Reuters By Rie Ishiguro and Kaori Kaneko TOKYO, June 9 (Reuters) - Revised data showed Japan's economy shrank 0.9 percent in the first quarter, unchanged from the initial estimate as inventory adjustments offset weaker corporate spending, but analysts said a ... See all stories on this topic » | ||
| Deal gives WellPoint senior provider Indianapolis Star For the first time, WellPoint will get more deeply involved in direct patient care with its plan to buy a California Medicare health plan. The for-profit Medicare contractor, CareMore Health Group, has pioneered the practice of intensely monitoring and ... See all stories on this topic » | ||
| LinkedIn-Inspired 'Low-Float' IPOs Threaten to Bring Back Bubble Bloomberg By Joseph Galante and Douglas MacMillan - Thu Jun 09 04:01:00 GMT 2011 Amid scarce supply, LinkedIn Corp.'s shares more than doubled in their first day of trading, giving the company a valuation of $8.91 billion. Photographer: Michael Nagle/Bloomberg ... See all stories on this topic » | ||
| Pfizer joins academics in bid for progress Boston Globe By Carolyn Y. Johnson Pharmaceutical giant Pfizer Inc. announced an unusual partnership with leading Boston-area hospitals, medical schools, and universities yesterday, in an attempt to address a major problem in medicine: the years-long gap between ... See all stories on this topic » | ||
| US flattens Internet bid for Pabst Boston Globe By Marcy Gordon AP / June 9, 2011 WASHINGTON — It seemed like an innovative way to buy a beer company: Start an online campaign to purchase the iconic Pabst Brewing Co. and sell shares on Facebook and Twitter to cover the $300 million cost. ... See all stories on this topic » | ||
| Fusion-io's 12.3M-Share IPO Prices At $19 Each, Above Range Wall Street Journal Data-storage company Fusion-io Inc.'s (FIO, 3FI.BE) initial public offering of at least 12.3 million shares priced at $19 each Wednesday, above the expected price range of $16 to $18. Earlier this week, Fusion-io had raised its pricing estimate range ... See all stories on this topic » | ||
| Sprint reduces voting rights in Clearwire Reuters NEW YORK (Reuters) - Sprint Nextel (SN) reduced its voting rights in Clearwire Corp (CLWR.O) to 49.8 percent from 54 percent, potentially giving it more flexibility to raise new debt or refinance existing debt. Under their previous ownership structure ... See all stories on this topic » | ||
| Amylin, Texas Instruments: After-Hours Trading TheStreet.com By Michael Baron 06/08/11 - 06:38 PM EDT NEW YORK (TheStreet) -- Shares of Amylin Pharmaceuticals(AMLN) fell in extended trades on Wednesday after the company suffered a setback in its court battle with Eli Lilly(LLY) related to the companies' ... See all stories on this topic » | ||
| Target raises dividend, faces political critics Reuters * Shares down 0.4 pct, hit lowest level since Dec. 2009 (Adds details on meeting, byline; updates stock activity) By Jessica Wohl CHICAGO, June 8 (Reuters) - Target Corp (TGT.N) announced a 20 percent increase in its quarterly dividend on Wednesday, ... See all stories on this topic » | ||
| Dimon Challenging Bernanke Channels Wall Street's Bid to Break Regulators Bloomberg By Dawn Kopecki - Thu Jun 09 03:33:39 GMT 2011 June 8 (Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon asked Federal Reserve Chairman Ben S. Bernanke whether regulators have gone too far by reining in the US banking system and ... See all stories on this topic » | ||
| Hog Prices Seen Higher as Ranchers May Cull Herds on Increasing Feed Costs Bloomberg By Elizabeth Campbell - Thu Jun 09 04:01:01 GMT 2011 June 7 (Bloomberg) -- Peter Esho, chief market analyst at City Index in Sydney, talks about agricultural commodities. Esho speaks with Susan Li on Bloomberg Television's "First Up." (Source: ... See all stories on this topic » | ||
| Ciena Drops 16% as Wider Loss Misses Analysts' Estimates Bloomberg By Amy Thomson - Wed Jun 08 20:17:20 GMT 2011 Ciena Corp. (CIEN), the maker of network gear for the biggest US phone companies, fell the most in 2 1/2 years after reporting second-quarter results that missed analysts' estimates, hurt by acquisition ... See all stories on this topic » | ||
| US Commerce Dept Calls for Public-Private Partnership on Cyber-Security eWeek The US Department of Commerce's Internet Policy Task Force recommended the federal agency work with private sector businesses to establish a set of best practices for cyber-security. Internet businesses should follow a code of conduct to reduce ... See all stories on this topic » | ||
| FCC report finds major shortage in local reporting The Associated Press WASHINGTON (AP) — There is a shortage of in-depth local journalism needed to hold government agencies, schools and businesses accountable, the federal agency that regulates television broadcasters concludes in a new report. ... See all stories on this topic » | ||
| Energy Consumption Highest Since 1970s TheStreet.com By Joseph Deaux 06/08/11 - 05:35 PM EDT NEW YORK (TheStreet) -- Global energy consumption rates rose 5.6% -- the highest rate since 1973 -- as demand for all energy forms grew strongly, boosted largely by increased consumption of fossil fuels, ... See all stories on this topic » |
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