Wednesday, January 12, 2011

Google Alert - finance

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Auto Rebound Pays Dividend to Work Force
New York Times
By BILL VLASIC and NICK BUNKLEY DETROIT — The sweeping overhaul and surprising recovery of the American auto industry is about to pay off handsomely for the blue-collar workers at Ford and General Motors. GM, which assembles the Chevy Volt in Hamtramck ...
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Heating Oil Rises to 27-Month High in New York on US Northeast Snowstorm
Bloomberg
By Barbara Powell - Wed Jan 12 22:09:02 GMT 2011 Heating oil futures surged to a 27- month high on speculation that snowstorms in the US Northeast will increase demand for heating fuel. Heating oil gained a third day as a storm that dropped more than 9 ...
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Analysis: World commodity prices poised to gain on rising yuan
Reuters
A pump jack is seen surrounded by steam during sunset at a PetroChina's oil field in Karamay, Xinjiang Uigur Autonomous Region January 5, 2011. By Nick Trevethan SINGAPORE (Reuters) - Beijing's moves to control inflation and trim its trade surplus by ...
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Reuters
Stocks set to rise on easing European debt worries
BusinessWeek
By CHIP CUTTER Portugal had a relatively successful bond auction Wednesday, and that eased concerns that the country will soon need a financial bailout. European stocks rose broadly. Traders were relieved that the country ended up paying a lower ...
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Fed's beige book summary finds economy slowly gaining momentum
Washington Post
By Neil Irwin The economy "continued to expand moderately" at the end of last year, according to a new report from the Federal Reserve that shows a recovery that, although not rapid, is on track. The beige book, a compilation of anecdotal reports from ...
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South Korea Raises Interest Rates to Fight Inflation
New York Times
By BETTINA WASSENER HONG KONG — South Korea on Thursday unexpectedly raised interest rates by a quarter of a percentage point and announced a range of measures designed to curb rising prices, in the latest sign that policy makers in Asian and other ...
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Apple iPad surge hits PC shipments
Financial Times
By Joseph Menn in San Francisco Worldwide personal computer shipments grew less than expected in the fourth quarter, largely due to a surge in purchases of Apple's iPad, which is spreading to new markets. Researchers IDC and Gartner, ...
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Infosys Net Lags Estimates as Clients Curb Spending
BusinessWeek
By Ketaki Gokhale Jan. 13 (Bloomberg) -- Infosys Technologies Ltd., India's second-largest software exporter, posted third-quarter profit that missed analysts' estimates as concerns about the global economic recovery kept clients from boosting orders. ...
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Boeing to Decide on 737 Engine by Midyear as Airbus A320 Gets Record Order
Bloomberg
By Gopal Ratnam and Susanna Ray - Wed Jan 12 22:04:49 GMT 2011 Boeing Co. will decide by midyear whether to offer a new engine for the 737, its most popular plane, or wait to focus on developing an all-new jet instead. ...
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