Friday, October 8, 2010

Google Alert - finance

News10 new results for finance
 
Bank of America Halts Foreclosure Sales
New York Times
By DAVID STREITFELD Bank of America, the country's largest bank, said on Friday that it was halting all foreclosure proceedings and sales of foreclosed homes indefinitely. The action by the bank is likely to increase pressure on other lenders to ...
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Dow Back to 11000, First Time Since May
Wall Street Journal
By JONATHAN CHENG It took five months, but the Dow Jones Industrial Average reclaimed the 11000 mark for the first time since the May 6 flash crash, capping a week of gains fueled by expectations that the Federal Reserve will step in to support the ...
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Unemployment stays stagnant at 9.6% as schools slash jobs
Los Angeles Times
Hiring in the private sector weakened and the economy lost a net 95000 jobs in September, the Labor Department says, as the nation's unemployment outlook remained dim in the final jobs report before the midterm election. By Don Lee, Los Angeles Times A ...
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TREASURIES-US payrolls data preserve easing expectations
Reuters
By Ellen Freilich NEW YORK, Oct 8 (Reuters) - Shorter-term US Treasuries prices made modest gains on Friday after the government's September employment data left markets' heightened expectations for easier monetary policy undisturbed. ...
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Microsoft, Adobe Could Partner On Mobile, Cloud Businesses
Wall Street Journal
By Jeanette Borzo Of DOW JONES NEWSWIRES SAN FRANCISCO (Dow Jones)--The reported visit by Microsoft Corp. (MSFT) Chief Executive Steve Ballmer to the headquarters of Adobe Systems Inc. (ADBE) spurred takeover talk, but the more likely result could be ...
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Shares of Fortune Brands rise on Ackman stake
BusinessWeek
Shares of Fortune Brands Inc. rose nearly 8 percent on Friday after a report that activist investor William Ackman became the largest shareholder in the company. Pershing Square confirmed a report on CNBC that William Ackman and his activist hedge fund ...
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IMF Chief Plans To Unveil Currency Initiative Details Saturday - Source
Wall Street Journal
By Ian Talley Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- International Monetary Fund Chief Dominique Strauss-Kahn plans to unveil details of a new fund strategy designed to help broker compromises on escalating currency tensions, a person familiar ...
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China Will Avoid `Shock Therapy' in Currency Move, Zhou Says
Bloomberg
By Ye Xie - Fri Oct 08 19:30:58 GMT 2010 Zhou Xiaochuan, governor of the People's Bank of China (PBOC), speaks to guests during the plenary session of the International Monetary Fund- World Bank Group annual meetings. ...
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USDA again lowers prediction for Neb. corn crop
BusinessWeek
The USDA slightly reduced its forecast for Nebraska's corn crop for the second month in a row, but the agency is still predicting the second-largest corn crop in state history. The US Department of Agriculture said Friday that Nebraska farmers are ...
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U.S. Airlines Get Lithium Battery Warning After Crash
Bloomberg
By John Hughes - Fri Oct 08 19:05:08 GMT 2010 Airlines carrying lithium batteries should take precautions with the cargo after a United Parcel Service Inc. plane carrying a large quantity of the items caught fire and crashed, the Federal Aviation ...
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