Monday, September 27, 2010

Google Alert - finance

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Southwest Gets Cozy With AirTran
Forbes
Frequently, takeover announcements give a big pop to the target's share price and ding the stock of the acquirer. That wasn't the case in the airline industry Monday though as Southwest Airlines soared after announcing it will acquire AirTran Holdings, ...
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HEARD ON THE STREET: Unilever's Expensive New Sheen
Wall Street Journal
By MATTHEW CURTIN Hair salons often sweet-talk their customers into buying expensive hair-care products they don't need. Has Unilever fallen for the same trick? The Anglo-Dutch consumer group is paying full price for Alberto Culver: At $3.7 billion, ...
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Obama signs US small business bill into law
Reuters
WASHINGTON, Sept 27 (Reuters) - US President Barack Obama signed a $30 billion small business lending bill into law on Monday, claiming a victory on economic policy for his fellow Democrats ahead of November congressional elections. ...
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Stocks sputter amid dealmaking flurry
CNNMoney
Click chart for more of today's market action. By Blake Ellis, staff reporterSeptember 27, 2010: 2:12 PM ET NEW YORK (CNNMoney.com) -- US stocks wavered between slight gains and losses Monday, backing off strong advances logged in the previous week, ...
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Analysis: Wal-Mart makes risky move to find growth in Africa
Reuters
By Brad Dorfman CHICAGO (Reuters) - Wal-Mart Stores Inc's (WMT.N) plan to buy its way into the South African market with a $4 billion acquisition is a pricey move that highlights how much the retailer is betting on growth outside the sluggish US ...
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PRECIOUS METALS: Haven, Currency Buys Send Gold To New Record
Wall Street Journal
By Matt Whittaker Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Gold futures eked out marginal gains to settle at a new record while silver hit a fresh 30-year high Monday as the popularity of precious metals continued on the back of expectations of ...
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Oil firms should prove ability to clean up spills -comm
Reuters
WASHINGTON, Sept 27 (Reuters) - Oil companies should be forced to prove they have equipment to respond to a major oil spill before they are able to lease areas for development, White House oil spill commission co-chair Bill Reilly said on Monday. ...
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New FDIC rules require banks to share some risk
The Associated Press
WASHINGTON — Banks will have to share in the risk when they sell investments of the kind that rocked the financial system in 2008 under rules adopted Monday. The Federal Deposit Insurance Corp. is requiring banks hold at least 5 percent of the ...
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Hewlett-Packard closes 3Par purchase for $33/shr
BusinessWeek
Hewlett-Packard Co. completed its acquisition of data-storage maker 3Par for $2.35 billion, the company said Monday. The tender offer, for $33 per share, expired Friday. Hewlett-Packard recently beat out Dell Inc. in a bid for 3Par, of Fremont, Calif. ...
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