Wednesday, September 29, 2010

Google Alert - finance

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BEFORE THE BELL:US Stock Futures Lower, Gold Hits New High
Wall Street Journal
By Simon Kennedy US stock-market futures slipped Wednesday after gold hit another all-time high and pressure continued to mount on the dollar. Futures on the Dow Jones Industrial Average fell 17 points to 10771. Dow component Hewlett-Packard Co. ...
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BP to Create New Safety Division in Wake of Spill
New York Times
By JULIA WERDIGIER LONDON — Robert Dudley shook up the structure of the British oil giant BP on Wednesday, just two days before he is scheduled to take over as chief executive. Gerald Herbert/Associated Press The Deepwater Horizon oil rig burning in ...
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AOL Buys Influential Blog TechCrunch, 2 Tech Firms
Wall Street Journal
AOL Inc. (AOL) on Tuesday said it would buy technology blog TechCrunch Inc., one of the most influential blogs in Silicon Valley, as the Internet giant looks to expand its offerings of critical content to its audience. AOL also bought Thing Labs Inc., ...
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Post Co. teams up on Internet investment
Washington Post
The Washington Post Co., the New York Times Co. and Gannett Inc. have invested $4 million each in a start-up firm called Ongo, which aims to launch a new Internet service for reading and sharing news and information from multiple publishers. ...
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Gov't says crude oil, gasoline inventories shrink
BusinessWeek
By AP Oil inventories decreased by 500000 barrels to 357.9 million for the week ending Sept. 24, the Energy Department's Energy Information Administration said. The total was about 5.7 percent above year-ago levels. Analysts expected an increase of 2.2 ...
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EU unveils deficit sanctions as unions protest
Reuters
By Jan Strupczewski and Inmaculada Sanz BRUSSELS/MADRID (Reuters) - The European Commission proposed tougher semi-automatic sanctions on Wednesday on euro zone countries that breach EU budget rules, as trade unions staged strikes and protests against ...
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Green Mountain shares slump on SEC inquiry
Reuters
Sept 29 (Reuters) - Shares of Green Mountain Coffee Roasters Inc (GMCR.O) fell 11 percent in pre-market trade on Wednesday, a day after the company said US regulators were conducting an inquiry into some of its revenue recognition practices and its ...
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Family Dollar's Profit Increases 23%
Wall Street Journal
By MELISSA KORN And TESS STYNES Family Dollar Stores Inc. posted a 23% increase in fiscal fourth-quarter earnings, as the deep-discount retailer said customer traffic continued to improve. The Charlotte, NC, company on Wednesday also announced a $750 ...
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Liberty Mutual Pulls Biggest US IPO of 2010 on `Unfavorable Environment'
Bloomberg
By Dan Kraut - Wed Sep 29 14:33:22 GMT 2010 Liberty Mutual Holding Co., the policyholder-owned insurer, postponed the largest US initial public offering of 2010 as demand was less than the company projected for a unit that sells policies through agents ...
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MetroPCS launches second 4G LTE market
CNET
by Lance Whitney MetroPCS Communications opened its second 4G LTE market today, this one in the Dallas-Forth Worth area. The new service follows the carrier's initial 4G LTE (Long Term Evolution) launch in Las Vegas last week. ...
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