Wednesday, October 13, 2010

Google Alert - finance

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Attorneys General From 49 States To Probe US Mortage Servicers
Wall Street Journal
NEW YORK (Dow Jones)--Dozens of attorneys general across the US are expected to announce an investigation into the mortgage-servicing industry, an effort that some of them indicated could pressure financial institutions to rewrite large numbers of ...
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JPMorgan Profit Climbs 23% on Decline in Credit Costs
BusinessWeek
By Dawn Kopecki Oct. 13 (Bloomberg) -- JPMorgan Chase & Co. said profit rose 23 percent, exceeding analysts' estimates, as provisions for bad loans shrank. Revenue slumped 11 percent. Third-quarter net income climbed to $4.42 billion, or $1.01 a share, ...
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US HOT STOCKS: MGM Resorts, CSX, Linear Tech, Clearwire, Aixtron
Wall Street Journal
US stocks traded higher Wednesday as the Dow Jones Industrial Average gained 1.2% to 11149, the S&P 500 rose 1.1% to 1183 and the Nasdaq Composite moved up 1.2% to 2447. Among the companies whose shares are actively trading in the session are MGM ...
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EPA to allow 15% ethanol in gasoline, up from 10% now
USA Today
Environmental Protection Agency will announce today that it allow a mix of up to 15% ethanol with gasoline in motor fuel for general use in vehicles built since 2007, up from the current 10% maximum, according to reports by the Associated Press and ...
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EU Launches Drive to Overhaul Audit System
Wall Street Journal
By STEPHEN FIDLER Michel Barnier, the European Union's internal markets chief, launched a consultation over the future of the audit profession Wednesday, saying the sector needs greater competition and questioning whether audit firms should be allowed ...
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Oil rises towards $83, China data lifts
Reuters
By Zaida Espana LONDON, Oct 13 (Reuters) - Oil edged up towards $83 on Wednesday after China's crude imports jumped last month, while a weaker dollar and expectations of further policy easing in the United States burnished the appeal of commodities for ...
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Study: Wind thrives despite Copenhagen failure
CNET
by Candace Lombardi Wind energy could be supplying 22 percent of the world's power generation by 2030--and 12 percent as soon as 2020. That's according to the most aggressive estimate on wind energy in a report released today and funded by the Global ...
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CNET
Treasurys Fall As 10-Year Sale Trails Expectations; Stocks Rally
Wall Street Journal
By Min Zeng Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Treasurys fell Wednesday as the sale of $21 billion in 10-year notes was weaker than many market participants had expected. A rally in US stocks and commodities also sapped demand for relatively ...
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Officials question Sirius XM's sales practices
USA Today
Sirius XM wants to call attention this morning to the number of subscribers it's attracting. But a new federal filing suggests that there may be a more interesting, and less flattering, story in how the satellite radio company is wooing those customers ...
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USA Today


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