Tuesday, October 19, 2010

Google Alert - finance

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China Day Ahead: Lending, Deposit Rates Raised; Rare Earth Export Embargo
Bloomberg
By Bloomberg News - Tue Oct 19 23:11:25 GMT 2010 China unexpectedly raised its benchmark lending and deposit rates for the first time since 2007 ahead of data that may show inflation accelerated to the fastest pace in almost two years. ...
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No relief as tech stocks slump behind Apple, IBM
MarketWatch
By Rex Crum, MarketWatch SAN FRANCISCO (MarketWatch) — Tech stocks put in a roundly disappointing performance Tuesday, led by losses from Apple Inc. and IBM Corp., and the sector also felt some impact from a broad market retreat spurred on by losses ...
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Bank of America Leads Rise in Bank Risk Amid Mortgage Concern
Bloomberg
By Mary Childs - Tue Oct 19 21:55:38 GMT 2010 A benchmark indicator of corporate credit risk rose for the fourth time in six days amid concern banks will have to buy back soured mortgages and China unexpectedly raised its benchmark lending rate for the ...
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Yahoo CEO: Seeing Very Good Progress On Profitability
Wall Street Journal
By Scott Morrison Of DOW JONES NEWSWIRES SAN FRANCISCO (DOW JONES)--Under increasing pressure to demonstrate her turnaround plan is producing results, Yahoo Inc. (YHOO) Chief Executive Carol Bartz told analysts she has been working hard to create a ...
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Intel investment a big vote of confidence for US economy
Christian Science Monitor
Intel on Monday announced it was spending up to $8 billion to upgrade factories in Oregon and Arizona, hiring thousands of US workers. Does Intel see something it likes in the US manufacturing market? Intel's new Sandy Bridge chip is shown at ...
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Christian Science Monitor
Summary Box: Strategy behind Cablevision, Fox tiff
Forbes
AP , 10.19.10, 07:26 PM EDT YOUR MOVE: The contract dispute that has left 3 million Cablevision subscribers without Fox programming since the weekend may be an attempt by Cablevision Systems Corp. to draw action by federal regulators. ...
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Analysis: Goldman's private equity investments paid off
Reuters
By Steve Eder NEW YORK (Reuters) - Goldman Sachs (GS.N) generated more than one-fifth of its third-quarter earnings from private equity and real estate investments, a mostly overlooked fact as investors focused on the bank's trading profit. ...
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Oil Below $80 After Tumbling Most in Eight Months on China Rate Increase
Bloomberg
By Mark Shenk and Ben Sharples - Tue Oct 19 22:32:58 GMT 2010 Oil traded near a three-week low after China raised benchmark interest rates, potentially crimping demand in the world's biggest energy-using country, and as a report showed higher US crude ...
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Boston Scientific profit beats modest expectations
Reuters
CHICAGO, Oct 19 (Reuters) - Boston Scientific Corp (BSX.N) on Tuesday posted better-than-expected quarterly earnings as a slump in sales of its medical devices was less than feared, sending the company's shares up in after-hours trading. ...
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U.S. to pay $760 million for mistreating Indian farmers
Reuters
WASHINGTON (Reuters) - The US government will spend up to $760 million to compensate American Indian farmers who were unfairly denied loans by the Agriculture Department, the Obama administration announced on Tuesday. "With today's agreement, we take ...
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