Wall Street sidelined by dollar fallThe U.S. dollar was sharply weaker Friday as stocks drifted... | |
Lehman Brothers auditors were negilgent says reportAuditors, former executives, Barclays Bank, and Wall Street banks have copped a serve from a court-appointer examiner who probed the Lehman Brothers... |
Banks in Australia profiteering says regulatorAustralia's biggest banks are gouging its customers, the Reserve Bank of Australia... |
Risky assets back in vogueJunk bonds and other risky investment instruments are being sought after, pushing prices above those of investment grade... |
Indians get a taste of U.S. agriculture productsThe US Ambassador to India Timothy J. Roemer on Thursday inaugurated an annual international food festival 'Aahar-2010' in the national... |
Janet Yellen tipped to become vice chairperson of Federal ReserveSan Francisco Federal Reserve Bank President Janet Yellen is expected to be nominated to become Ben Bernanke's... |
Obama launches bid to lift exportsThe American president told the U.S. Export-Import Bank in Washington he was launching a new strategy to improve... |
Kansas City school district shrunken to reduce deficitIn the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat... |
| Software Provider Qad Reports Drop In 4th-quarter Revenue; Shares Slide NEW YORK - Shares of QAD Inc. sank Friday after the business software provider reported a drop in fourth-quarter revenue and predicted another drop for the first quarter. The company's stock slid... |
| Whirlpool, Zumiez, Ltx-credence, Intrepid Potash Among Big Market Movers Friday NEW YORK - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:NYSE:Whirlpool Corp., down 53 cents at $86Whirlpool said that it has won a... |
| Atp Reports 376% Reserve Replacement, Earnings ATP Oil & Gas Corporation issued its annual 2009 results, a 376% reserve replacement ratio, and announced that its major deepwater Gulf of Mexico development, the Telemark Hub, is on schedule for... |
| Canadream Corporation Reports Third Quarter Earnings Of $1.9 Million Or 10.5 Cents Per Share Revenues for the nine months of $19.6 million is 4% lower than last year, cash flow from operations of $5.0 million (27 cents per share) is 23% lower than last year, net income and comprehensive... |
| Oil Settles Near $81 After Mixed Economic News Oil prices ended the week lower following mixed economic reports that kept investors on edge about the outlook for improving energy demand.On Friday benchmark crude for April delivery slid 87 cents... |
| Prudential Chief Strangfeld’s Bonus Surges As Stock Climbs March 12 (Bloomberg) -- Prudential Financial Inc., the second-biggest U.S. life insurer, said John Strangfeld’s bonus more than doubled last year, his second as chief executive officer, as the... |
| Advance In Stocks Stalls In U.s.; Commodities, Dollar Drop March 12 (Bloomberg) -- Most U.S. stocks fell, halting a global advance, and commodities retreated as a drop in American consumer confidence overshadowed an unexpected increase in retail sales. The... |
| Chile May Tap Savings, Sell Debt To Pay Quake Losses March 12 (Bloomberg) -- Chile plans to tap its copper savings funds and may borrow abroad to pay for the estimated $30 billion cost of repairing damage caused by the 8.8-magnitude earthquake that... |
| Clinton Calls Netanyahu To Condemn Israeli Settlement March 12 (Bloomberg) -- U.S. Secretary of State Hillary Clinton called Israeli Prime Minister Benjamin Netanyahu to lodge “strong objections” to Israel’s announcement of a Jewish... |
| Rates Trade In Tight Range On Uneven Economic Data NEW YORK — Interest rates were mixed in the bond market Friday after uneven economic reports gave investors conflicting signals. Long-term Treasury prices rebounded after sliding Thursday. The... |
| Italy Launches A Beta Of Microsoft Tags For Tourism still-in-beta Microsoft Tag , which was also related to the company's first official Android application.I only briefly touched upon the many things that are being done with QR codes: advertisements... |
| Bing Gains Show Why Microsoft-yahoo Search Deal Is A Dumb Idea One of Microsoft's major justifications for the Yahoo search deal is scale. CEO Steve Ballmer has repeatedly asserted that greater scale would allow Microsoft to improve search accuracy. Just last... |
| Young Veterans Returning Home To Few Jobs WASHINGTON - The unemployment rate last year for young Iraq and Afghanistan veterans hit 21.1 percent, the Labor Department said Friday, reflecting a tough obstacle combat veterans face as they make... |
| The Perils Of Market Research My colleagues and I conduct quite a bit of market research, both for our own company and on behalf of our clients. We've seen it used both for good and for ill. Here are a handful of thoughts that... |
| Pushing For More High-growth Startups A relative handful of young, high-growth companies create a disproportionate share of the net new jobs in the U.S., according to a new study by... |
| If You Want To See Entrepreneurs, Go To China Different measures of entrepreneurship in China and the United States in 2008. Source: Created from data from the 2009 Global Entrepreneurship... |
| Schumer To Push To End China Yuan Manipulation WASHINGTON -- Sen. Charles Schumer, D-N.Y., said Friday that he plans to reintroduce legislation to confront China on the issue of currency manipulation. In a brief statement, Schumer said he plans... |
| Citi Downgrades Abbott Labs On Profit Worries ABT ) Friday to sell from hold, citing profitability issues in 2010. Citi said the company's recent purchase of Solvay Pharmaceuticals is masking the problems at the drug company. Abbott's ... |
| Week Ahead: Fed To Comment On Economy And Policy Investors will get a key statement from the Federal Reserve next week that could offer a more detailed description of the economy, as well as any change in Fed policy toward buying Treasurys. ... |
| Consumer Advocate, Economist On Short List For Fed Board Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The Obama administration is considering a Maryland regulator awarded "Consumer Advocate of the Year" and a Massachusetts economics professor known for... |
| Tech Stocks: Tech Stocks Claim Some Late Gains In Mixed Session Tech stocks managed to put in a quietly upbeat performance Friday, but enthusiasm was tempered throughout the day due to mixed broad-market feelings about some new data on consumer sentiment. Among... |
| 2nd Update: Fda Adds Boxed Warning To Plavix On Effectiveness (Adds additional information, in the sixth through 10th paragraphs.) WASHINGTON -(Dow Jones)- The U.S. Food and Drug Administration added a boxed warning to the anti-clotting medication Plavix,... |
| U.s. Stocks Post Second Straight Week Of Gains NEW YORK -- U.S. stock indexes on Friday tallied a second week of gains in wrapping up a session stuck nearly at neutral. "The market is almost unchanged and reflects today's good news in retail... |
| Direct Edge Wins Exchange Status From Sec DOW JONES NEWSWIRES Electronic stock market operator Direct Edge on Friday secured approval from U.S. regulators to convert its platforms to full-fledged exchanges. The Jersey City, N.J.-based... |
| B.c. Approves 19 Private-sector Clean Energy Projects British Columbia has mandated that 90 percent of electricity generated in the province must come from clean or renewable sources by 2016. It also plans to achieve electricity self-sufficiency by... |
| Canwest Newspapers Chief Steps Down Dennis Skulsky, the president of Canwest Global Communications Corp.’s newspaper and publishing division, resigned Friday, saying he wants to spend more time with his... |
| Microsoft Admits Office Patch Gaffes Computerworld — Microsoft confirmed today that a security update for its Excel spreadsheet had turned English text in an important Windows tool into Chinese. The admission was the second in... |
| Police: Man Hit Children At Wal-mart For Thrill C OLUMBUS, Ohio — Police in Ohio say a man accused of striking children in the head with his fist and keys at a Wal-Mart store told them he did it for the thrill. Sixty-eight-year-old Ralph... |
| Global Telecom & Technology Announces Fourth Quarter And Full Year 2009 Earnings Call MCLEAN, Va. - (Business Wire) Global Telecom & Technology, Inc. (“GTT”), (OTCBB: GTLT), a leading global network integrator that provides its clients with a broad portfolio of... |
| Zacks Analyst Blog Highlights: Ford, General Electric, Siemens, China Mobile And Claymore China Small-cap Etf CHICAGO - (Business Wire) Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the... |
| Zacks Analyst Blog Highlights: Kroger, American Express, Fannie Mae, Bank Of America And Mgic CHICAGO - (Business Wire) Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the... |
| Court Oks Tv Rules For Cable 0 Comments (AP) A federal court Friday upheld regulations that require cable TV companies to make sports programming and other channels they own available on equal terms to rival TV providers such as... |
| Boys And Girls Club Execs' $1m Pay Probed Boys & Girls Clubs of America , raising issues that could jeopardize millions in federal funding for the national charity. The four senators said they were concerned that the chief executive of a... |
| February Retail Sales Up 0.3 Percent Economy May Be Humming, But Can it Last? (AP) Retail sales posted a surprising increase in February as U.S. consumers did not let major snowstorms stop them from storming the malls. The advance, the... |
| State Tax Officials Refute Worries Of Refund Delays Residents eager to get their state tax refunds may not have as long a wait this year as some in media are asserting. The recession has tied up cash and caused officials in some states to consider... |
| Should Ceo Of Boys & Girls' Club Make $1m? charity that receives millions of dollars in taxpayer aid, is under fire for paying out high salaries to executives such as CEO Roxanne Spillett at a time when the organization is closing clubs... |
| Toyota Prius Owners Hanging In A row of Toyota Prius cars sits on the lot at Toyota of El Cajon, March 9, 2010, in El Cajon, Calif. (Denis Poroy/AP Photo) Rick Nosic and his wife bought a Prius in 2004, eager to save on gas. ... |
| Banks Ease Up -- A Bit -- On 'underwater' Homeowners A foreclosed home is shown in Stockton, California, in this file photo. The Obama administration has released its latest information on those helped by the Home Affordable Modification Program.... |
| L.l. Bean Sales Fall In 2009 Sales dipped for L.L. Bean for the second consecutive year in 2009 but the outdoors clothing retailer managed to beat its own projections, the company said Friday. The company also reported that... |
| Endo Names Ex-nora Therapeutics Ceo As Coo Endo Pharmaceuticals Holdings Inc. said Friday it hired former Nora Therapeutics CEO Julie McHugh as its new chief operating officer. The company said McHugh will assume her new role on Monday.... |
| Big Players Back On Wall Street NEW YORK: The window of opportunity is closing for boutique bond trading firms to make a killing from market turmoil as big Wall Street banks regain their footing and rehire staff. During the... |