Tuesday, October 5, 2010

Google Alert - finance

News10 new results for finance
 
Stocks rise on Japan move, services growth
CNNMoney
NEW YORK (CNNMoney.com) -- US stocks rallied right out of the gate and continued to advance Tuesday, with all three major indexes gaining more than 1%. Investors welcomed a surprise move by the Bank of Japan to cut its key lending rate, ...
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Kerviel's fine the size of 20 Airbus A380s
Reuters
PARIS Oct 5 (Reuters) - A 4.9 billion euros ($6.8 billion) fine on ex-trader Jerome Kerviel equates to 3.2 percent of France's central government deficit for 2010, the GDP of Monaco or 16 percent of SocGen's market value, according to Reuters ...
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ISM Shows Sustained Growth In Services
Forbes
The Institute for Supply Management's September reading on the US services sector was better than anticipated Tuesday, showing growth for the ninth-straight month and egging on a stock market rally. The ISM Non-Manufacturing Index registered 53.2% in ...
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Forbes
US To Press Currency Issues At IMF - Treasury Official
Wall Street Journal
By Michael R. Crittenden Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--US officials plan to press their foreign counterparts to avoid interfering in global currency markets at this weekend's International Monetary Fund meetings, warning of the ...
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American Express Sinks for Second Day on U.S. Antitrust Case
Bloomberg
By Peter Eichenbaum - Tue Oct 05 14:27:57 GMT 2010 American Express Co. fell more than 3 percent in New York trading, adding to yesterday's 6.5 percent drop, after choosing to fight a US antitrust complaint while larger rivals Visa Inc. and MasterCard ...
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Why Twitter still needs Evan Williams
Telegraph.co.uk
Evan Williams is a technological visionary. He may have stepped aside has Twitter's CEO, but based on my meetings with him, he should remain at Twitter's heart. By Emma Barnett, Digital Media Editor The news that Evan Williams has stood down as ...
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Telegraph.co.uk
New US crash tests: Only Hyundai Sonata, BMW 5 get 5 stars
USA Today
UPDATES: 9:32 ET: The feds now have the full data posted (link below). 10:15 ET: Details of new test procedures after "read more". Only the BMW 5 Series and Hyundai Sonata got 5-star overall ratings in the new, tougher US crash tests for 2011 models ...
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USA Today
Oil Prices Climb With Stocks on Economic Data
ABC News
AP Oil prices rose above $82 a barrel Tuesday as the stock market rebounded from Monday's losses on brighter economic news. Benchmark oil for November delivery gained $1.16 at $82.63 a barrel on the New York Mercantile Exchange. ...
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KKR's Kravis Pledges $100 Million to Columbia
TheStreet.com
By Laurie Kulikowski 10/05/10 - 11:01 AM EDT NEW YORK (TheStreet) -- Kohlberg Kravis Roberts & Co.'s (KKR) co-founder Henry Kravis is donating $100 million to Columbia Business School, the largest pledge in the school's history. ...
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TheStreet.com
Talbots sees Q3 sales drop, shares tumble
Reuters
NEW YORK (Reuters) - Talbots Inc (TLB.N) warned that sales would fall during the current quarter after previously forecasting an increase, and shares fell nearly 11 percent. The women's clothing store chain has been trying to turn around its business ...
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