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Senin, 20 Juni 2011

Google Alert - Business

News30 new results for Business
 
Companies Push for Tax Break on Foreign Cash
The Ledger
Some of the nation's largest corporations have amassed vast profits outside the country and are pressing Congress and the Obama administration for a tax break to bring the money home. Apple has $12 billion waiting offshore, Google has $17 billion and ...
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Post-Lehman Squeeze Still Felt as Fundraisers Cope With Smaller Donations
Bloomberg
By Patrick Cole - Mon Jun 20 04:01:00 GMT 2011 Edith Falk, chair of the Giving USA Foundation. Falk said that while fundraisers had a tough time raising money in 2010 in a fragile economy, US residents are still giving to charity as individual ...
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Moody's cuts nuclear operator Tepco rating to junk status
Reuters
TOKYO, June 20 (Reuters) - Moody's Investors Service cut its credit rating on Tokyo Electric Power Co to junk status on Monday and kept the operator of Japan's crippled nuclear power plant on review for possible further downgrade. ...
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China Yuan Down Late On Large Import Settlements
Wall Street Journal
SHANGHAI (Dow Jones)--China's yuan fell slightly against the US dollar late Monday as demand for US dollars for import settlements erased yuan's gains after the Chinese central bank guided its currency higher. On the over-the-counter market, ...
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ING Shops Car-Leasing Unit
Wall Street Journal
By MAARTEN VAN TARTWIJK AMSTERDAM—ING Groep NV, the bailed-out Dutch financial giant, Monday confirmed reports that is looking to sell its European car-leasing unit. ING, the Netherlands' largest financial company by assets, said in a statement that it ...
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BYD sets China IPO price
MarketWatch
By MarketWatch ("UPDATE: BYD Sets China IPO Price At CNY18 Per Share," at 1348 GMT on Sunday, misstated BYD's total investment cost in the fourth paragraph. The correct version follows.) BEIJING (MarketWatch) -- Chinese battery and car maker BYD Co. ...
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Panasonic Sees Almost 60% Drop in Profit
TheStreet.com
By Joseph Woelfel 06/20/11 - 05:28 AM EDT TOKYO (TheStreet) -- Panasonic(PC) said Monday it expects fiscal 2012 earnings of 30 billion yen ($373.7 million), a decrease of almost 60% from a year earlier because of the impact of the March 11 earthquake ...
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Asian Shares End Mostly Down;Mainland Banks Fall In HK, China
Wall Street Journal
By Sarah Turner SYDNEY (MarketWatch) - Most Asian stock markets were lower on Monday, with mainland banking stocks in Hong Kong and China dragged by a broker's downgrade of the sector. Hong Kong's Hang Seng Index gave up 0.4% to end at 21599.51, ...
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CFM wins engine order for 30 A320neo planes-sources
Reuters
LE BOURGET, France, June 20 (Reuters) - CFM International, a joint venture between General Electric (GE.N) and Safran (SAF.PA), has won an order to provide engines for 30 Airbus A320neo planes to be ordered by SAS (SAS.ST) later on Monday, ...
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Analysis: Banks face tougher fight against Hong Kong IPO
Reuters
By Rachel Armstrong SINGAPORE (Reuters) - The rash of accounting scandals at Chinese companies could spell defeat for investment banks in Hong Kong in their long-running battle to avoid being made liable for the prospectuses of IPOs they sponsor. ...
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Tentative union contract on table for GE
WAVE
By Christi Reynard - email LOUISVILLE (WAVE) - After down-to-the-wire negotiations, a tentative contract agreement is on the table between General Electric and the IUE-CWA union. The contract with GE expired at midnight Sunday, but the union's web site ...
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Greece Hits Noncore Euro-Zone Bonds
Wall Street Journal
By NEELABH CHATURVEDI LONDON—Bonds issued by highly indebted euro-zone countries fell Monday as investors nervously turned their attention to the political situation in Greece, ahead of a vote of confidence in the Greek government that is crucial to ...
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Publicis buys Chinese public relations group
Financial Times
By Tim Bradshaw in London Publicis Groupe's acquisition spree is continuing with the purchase of Chinese public relations agency, Genedigi Group. Genedigi, which has 400 employees across offices in Beijing, Shanghai and Guangzhou, works for large ...
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Black Kelp Flies Swarm Sunny California Beaches
SmartAboutHealth
Los Angeles (SmartAboutHealth) – The beautiful beaches of California are under fire as a swam of black kelp flies have taken over, causing health concerns among residents and tourists. The black kelp flies have been popping up at beaches all around ...
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SmartAboutHealth
PNC Financial to buy RBC's US retail banking business for $3.45bn
Banking Business Review
PNC Financial Services Group has agreed to acquire the retail banking unit of Royal Bank of Canada (RBC) in US for $3.45bn. The transaction is expected to add $19bn in deposits, $16bn in loans to PNC as well as 426 branches located in Florida, ...
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Tax out-of-state online retailers
Daily Californian
By Loni Hancock | Special To The Daily Cal We all know Berkeley loves to read. In fact, according to a recent report, Berkeley is the third-most well-read city in the nation. Despite our love of the written word, Berkeley, along with many other cities ...
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PRECIOUS METALS: Gold, Silver Slip In Asia; Greek Debt, Fed Meet In Focus
Wall Street Journal
By Arpan Mukherjee Of DOW JONES NEWSWIRES WELLINGTON (Dow Jones) --Gold and silver were trading lower in Asia Monday, though gold's downside remained limited as investors await the finalization of a bailout package for Greece, which has been pushed to ...
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Mauritius Treaty Talks not Aimed at Ending Tax Break, Desai Says
Bloomberg
By Santanu Chakraborty - Mon Jun 20 09:29:37 GMT 2011 Bijal Ajinkya, partner and head of International Tax Practice Group at Nishith Desai Associates, a Mumbai-based law firm, comments after a report that India is seeking to tax gains on investments ...
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Court hearing set on Vermont Yankee suit against state
The Republic
AP BRATTLEBORO, Vt. — A federal judge is set to preside over a two-day hearing in the suit by Entergy Corp. against the state of Vermont over the future of the Vermont Yankee nuclear plant. The session before Judge Garvan Murtha this Thursday and ...
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Lingering downturn helps keep gardening boom going
The Associated Press
MONTPELIER, Vt. (AP) — Many of the millions of people who turned to gardening to save money during the recession appear to be sticking with it during the recovery as food prices remain high and interest in safe, fresh and local food grows nationwide. ...
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The Associated Press
Pound Weakens Against Dollar as Equities Decline on Greek Default Concern
Bloomberg
By Lucy Meakin - Mon Jun 20 08:22:56 GMT 2011 The pound weakened against the dollar and gilts advanced as falling stock markets sapped demand for riskier assets after European governments failed to agree on releasing a loan payment to Greece. ...
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Egypt Stocks: Citadel Capital Gains, Suez Cement Retreats
Bloomberg
By Ahmed A Namatalla - Sun Jun 19 14:01:58 GMT 2011 Egypt's benchmark EGX 30 Index (EGX30) increased 1.6 percent to 5628.09, the highest since Jan. 27, at the 2:30 pm close in Cairo. The following shares rose or fell in Cairo. ...
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Stock-market analysts' optimism could prove dangerous
Los Angeles Times
Despite signs that the economy is slowing, most analysts have remained surprisingly bullish on stocks. What if they suddenly change their minds? Associated Press Are the professional stock-market watchers too optimistic? Despite a flurry of signs that ...
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OECD Secretary General Says World Can Avoid Another Slump
Bloomberg
By Sangim Han and Rose Kim - Mon Jun 20 06:12:19 GMT 2011 Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development, said the world can avoid a so-called double-dip slump. Growth is “a little softer'” because of ...
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Borders to name bidder by July 1
Reuters
June 20 (Reuters) - Bankrupt bookstore chain Borders Group Inc said it will name a "stalking horse" bidder by July 1 and is looking to complete the sale of all its assets by the end of July. In court papers filed late on Friday, the company said it was ...
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Caltex Australia Falls Most in Year on First-Half Forecast
Bloomberg
By Ben Sharples - Mon Jun 20 06:36:49 GMT 2011 Caltex Australia Ltd. (CTX), the nation's biggest oil refiner, fell the most in more than a year after the company forecast a drop in first-half operating profit because of plant disruptions and higher ...
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Schaeuble: need talks with private sector on Greek plan
Reuters
LUXEMBOURG, June 20 (Reuters) - Euro zone finance ministers and officials were meeting on Monday to discuss the bailout funds intended to provide help for EU member countries in financial difficulty. We welcome comments that advance the story through ...
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Gold miners Focus and Crescent announce merger plan
Creamer Media's Mining Weekly
PERTH (miningweekly.com) − Gold miners Focus Minerals and Crescent Gold have agreed to a merger in an effort to create one of Australia's top gold producers with an average production of 230 000 oz/y from 2012, the ASX-listed companies announced on ...
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Toxicology lab's fresh start sparks sense of optimism
Indianapolis Star
Legal experts and state officials say they are hopeful that pulling the state Department of Toxicology out of Indiana University and making it a stand-alone state agency will lead to the end of long-standing problems at the lab that tests blood and ...
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Median Compensation of CEOs at NC's Largest Firms Rises by 30 Percent
My Fox 8
By AP Staff Writer The compensation of chief executive officers at most of North Carolina's biggest companies rose sharply last year. The Charlotte Observer reports Sunday that CEOs at 35 of North Carolina's 50 largest publicly held companies received ...
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