Wednesday, November 24, 2010

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Irish angry, stunned over political turmoil
Reuters
By Jodie Ginsberg and Lorraine Turner DUBLIN (Reuters) - Victims of an economic train wreck, the Irish people are now suffering political whiplash too. The humiliating weekend news that the former Celtic tiger economy was seeking a rescue package from ...
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Deere Profit Forecast Trails Estimates on Flat US Sales
Bloomberg
By Shruti Date Singh - Wed Nov 24 12:51:42 GMT 2010 Deere & Co., the world's largest farm-equipment maker, forecast fiscal 2011 profit that missed analysts' estimates and said US, Canadian and South American sales will be "flat. ...
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Tiffany raises outlook as profit sparkles
MarketWatch
By Andria Cheng, MarketWatch NEW YORK (MarketWatch) — Giving an encouraging signal heading into the critical holiday selling period, luxury jewelry retailer Tiffany & Co. said Wednesday that its fiscal third-quarter profit rose 27%, helped by demand ...
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Orders for US Durable Goods Unexpectedly Drop in Sign of Company Caution
Bloomberg
By Courtney Schlisserman and Bob Willis - Wed Nov 24 13:30:04 GMT 2010 Orders for US goods meant to last several years unexpectedly decreased in October, raising the risk that companies will scale back on investments in new equipment. ...
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Ten tips for holiday trips
USA Today
By Bill McGee, special for USA TODAY After a multi-year slump, the travel industry is finally kicking back into gear. But with more travelers competing for the nation's roads, rails and runways – not to mention the recent controversy around enhanced ...
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SAP Says Oracle Fine Has No Effect on Full-Year Forecast
Bloomberg
By Simon Thiel - Wed Nov 24 09:18:16 GMT 2010 SAP AG, the world's biggest maker of business-management software, said a jury award of $1.3 billion against the company won't have an effect on its operating business and full-year forecast. ...
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TOP Oil Market News: Oil Fluctuates; Mideast Contango Disappears
Bloomberg
By Rob Verdonck - Wed Nov 24 12:36:11 GMT 2010 Oil fluctuated in New York after aa downgrade to Ireland's debt rating weakened the euro against the dollar, denting demand for commodities, while traders bet a report will show US crude consumption is ...
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Merkel:EU needs courage to make investors share risk
Reuters
By Stephen Brown BERLIN, Nov 24 (Reuters) - German Chancellor Angela Merkel said on Wednesday European politicians needed the "courage" to make private investors share in the risk of future debt crises in the euro zone and show financial markets who is ...
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Madoff Trustee Sues UBS
New York Times
By JEFFREY CANE The bankruptcy trustee charged with trying to recover money for the victims of Bernard L. Madoff's Ponzi scheme has sued the Swiss bank UBS and affiliates, accusing them of enabling the scheme. The lawsuit filed in United States ...
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Futures Edge Up Amid Caution
Wall Street Journal
By POLYA LESOVA US stock futures edged higher on Wednesday, but caution prevailed ahead of key economic-data releases and concerns over sovereign-debt levels in the euro zone. Less than two hours before the start of trading, Dow Jones Industrial ...
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