Thursday, September 23, 2010

Google Alert - finance

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House Clears Small-Business Bill
Wall Street Journal
By COREY BOLES House lawmakers voted Thursday largely along party lines to approve legislation that includes a range of measures aimed at helping small businesses get improved access to capital and $12 billion in tax credits for smaller firm owners. ...
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FDA to limit access to diabetes drug Avandia
Los Angeles Times
Concerns about an increased cardiovascular risk associated with the drug prompt the agency to require new consent forms for patients and new standards for doctors when writing prescriptions. The new rules represent a delaying action until the FDA can ...
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Los Angeles Times
Abbott identifies recalled baby formula lots
Reuters
NEW YORK (Reuters) - Abbott Laboratories posted a list of lot numbers on Thursday for the millions of recalled containers of its Similac powdered infant formulas and expanded Internet and call center capacity to handle a deluge of requests for ...
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Nike 1Q Profit Surprises With 17% Climb On Margin Improvement
Wall Street Journal
Nike Inc.'s (NKE) fiscal first-quarter earnings posted a surprise 17% jump as the athletic-shoe maker capitalized on its revenue gain with better margins. Shares were up 3.3% at $80.18 after hours, trumping the all-time high the stock hit Monday. ...
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AMD Lowers Sales Forecast, Citing Sluggish Notebook Demand in Europe, US
Bloomberg
By Ian King - Thu Sep 23 20:42:13 GMT 2010 Advanced Micro Devices Inc., Intel Corp.'s main competitor in computer processors, said third- quarter sales will be less than it had predicted, citing weaker demand for notebook computers in Europe and North ...
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Oberweis Says U.S. Has No Leverage Against China on Yuan: Video
Bloomberg
Sept. 23 (Bloomberg) -- Jim Oberweis, president of Oberweis Asset Management Inc., talks with Bloomberg's Julie Hyman about China's currency policy and US-China trade relations. President Barack Obama and Chinese Premier Wen Jiabao, in remarks to ...
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Blockbuster Wins Court's Approval to Draw $20 Million From Bankruptcy Loan
Bloomberg
By David McLaughlin and Tiffany Kary - Thu Sep 23 19:45:04 GMT 2010 Blockbuster Inc., the movie-rental company that filed for bankruptcy today, won court permission to draw $20 million of a $125 million loan that will let it operate while it ...
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US Stocks Fall With DJIA Down For Second-Straight Session
Wall Street Journal
By David Benoit Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--US stocks dropped Thursday, as weakness in the jobs figures and in European economic data knocked blue chips into the red for the second-straight session. The Dow Jones Industrial Average ...
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Treasurys Post Small Gains; Market Up For 5th Consecutive Day
Wall Street Journal
By Deborah Lynn Blumberg Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Treasurys eked out small gains Thursday, chalking up a fifth-straight day of higher prices as investors remained convinced that the Federal Reserve will have to step in with ...
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