Wednesday, September 29, 2010

Google Alert - finance

News10 new results for finance
 
House votes to pressure China over yuan
Los Angeles Times
Lawmakers vote 348 to 79 to open the way for the US to slap tariffs on Chinese goods. But the bill faces an uncertain fate in the Senate and White House. The move risks retaliation, and some say it may not help the economy. ...
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JP Morgan Chase to freeze foreclosures over flawed paperwork
Washington Post
By Ariana Eunjung Cha JP Morgan Chase, one of the nation's leading banks, announced Wednesday that it will freeze foreclosures in about half the country because of flawed paperwork, a move that Wall Street analysts said will pressure the rest of the ...
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China rich make "generous" gifts at Gates and Buffett dinner
Reuters
Billionaire financier and Berkshire Hathaway Chief Executive Warren Buffett (L) and Microsoft founder Bill Gates wait questions at a joint news conference in Beijing September 30, 2010. By Ben Blanchard BEIJING (Reuters) - Bill Gates and Warren Buffett ...
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Reuters
Anglo Irish, Allied Irish May Need As Much as $19.6 Billion
Bloomberg
By Joe Brennan - Thu Sep 30 05:30:10 GMT 2010 Anglo Irish Bank Corp. and Allied Irish Banks Plc may need as much as 14.4 billion euros ($19.6 billion) in extra capital, the Central Bank said. Anglo Irish, nationalized last year, may need up to an ...
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About 1 in 4 Q2 home sales a foreclosure: report
Reuters
By Lynn Adler NEW YORK (Reuters) - Nearly one in every four US homes sold in the second quarter was a deeply discounted foreclosed house, putting the market on pace to work through distressed properties in about three years, RealtyTrac said. ...
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Warren Reaches Out to US Bankers to Set Up New Consumer-Protection Rules
Bloomberg
By Ian Katz - Thu Sep 30 04:00:00 GMT 2010 Elizabeth Warren, the Harvard Law School professor appointed to help set up a new US consumer watchdog, told Wall Street executives she wants to work with them to create clearer contracts for financial ...
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Safety is Job 1, says BP's new chief
Houston Chronicle
By MONICA HATCHER Almost three years after his predecessor Tony Hayward announced a massive overhaul of BP's corporate structure, incoming chief executive Bob Dudley unveiled Wednesday his plans to do it all over again. Dudley, who on Friday officially ...
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Hong Kong Stocks Fall, Led by Banks as ICBC Drops; Chalco Slips
Bloomberg
By Kana Nishizawa - Thu Sep 30 04:29:07 GMT 2010 ICBC lost 3.2 percent after Goldman Sachs sold 3.04 billion of its shares. China Construction Bank Corp., the nation's No. 2 lender by market value, sank 1 percent. State-controlled developer China ...
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Elster Group of Germany Cuts IPO Price After Liberty Mutual Shelves Sale
Bloomberg
By Lee Spears - Thu Sep 30 05:02:32 GMT 2010 Elster Group SE raised 28 percent less than sought for its initial public offering, while Liberty Mutual Agency Corp. shelved the biggest US IPO of 2010 and ChinaCache International Holdings Ltd. delayed its ...
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Southwest Charts a New Flight Plan
BusinessWeek
By Justin Bachman, Mary Schlangenstein and John Hughes Throughout its history, Southwest Airlines (LUV) prospered from organic growth, betting that its competitive labor costs, low fares, and unique corporate culture comprised the best arsenal against ...
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