Thursday, October 14, 2010

Google Alert - finance

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Stock Selloff Adds to Mounting Pressure on Banks to Fix Foreclosure Mess
Bloomberg
By Dakin Campbell and Christine Harper - Fri Oct 15 04:00:03 GMT 2010 US banks and government officials face mounting pressure to address concern that firms mishandled mortgage and foreclosure documents. Shares of Bank of America Corp. and Wells Fargo ...
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Google's 3Q proves company can afford big spending
Forbes
By MICHAEL LIEDTKE , 10.15.10, 12:05 AM EDT SAN FRANCISCO -- Google Inc. is still spending money like the recession is a distant memory, but investors can't complain too much as long as the Internet search leader keeps expanding its advertising empire ...
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Venture-Capital Funding Drops as Clean-Energy Startups Attract Less Money
Bloomberg
By Douglas MacMillan - Fri Oct 15 04:01:00 GMT 2010 Venture-capital funding in the third quarter fell to its lowest level in more than a year as investors made fewer bets on alternative energy. Firms invested $4.82 billion in the US during the period, ...
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Infosys sees 130 bps margin drop in FY11 - exec
Reuters
BANGALORE Oct 15 (Reuters) - Infosys Technologies (INFY.BO), India's second-largest software services exporter, expects operating margins to fall due to rupee volatility and economic uncertainty, its chief financial officer said on Friday. ...
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Report: 3Q home foreclosures up in Mississippi
BusinessWeek
By ALAN SAYRE Lenders took back the property of just more than 700 Mississippi homeowners during the third quarter of 2010, a national company that tracks foreclosures reported Thursday. Irvine, Calif.-based RealtyTrac said that although foreclosure ...
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Bernanke Considers `Crapshoot' as Fed Seeks to Keep Inflation From Slowing
Bloomberg
By Scott Lanman - Fri Oct 15 04:00:01 GMT 2010 Federal Reserve Chairman Ben S. Bernanke once advocated setting an inflation target to keep prices from rising too fast. Now he may get the Fed to adopt a target to keep the inflation rate from falling. ...
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Seagate Evaluates Suggestion It Go Private Again
Wall Street Journal
SAN FRANCISCO (Dow Jones)--Seagate Technology PLC (STX) said Thursday it has been approached by an unnamed party interested in taking the storage drive maker private, a move that comes as interest in the broad data management sector heats up. ...
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China Central Banker Zhou Says to Continue Yuan Exchange Reform
BusinessWeek
By Bloomberg News Oct. 15 (Bloomberg) -- China will continue to push forward and deepen reform of the nation's currency, central bank governer Zhou Xiaochuan wrote in an article published in China Finance magazine. The nation will also continue to push ...
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Asia Overlooked by Yahoo's Chief
New York Times
Yahoo's chief executive, Carol Bartz is losing her grip. With few signs that her plan to return the company's core Internet business to relevancy is working, investors are restless. They have become increasingly focused on the company's valuable Asian ...
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RPT-TIMELINE-Rio and BHP efforts to form iron ore alliance
Reuters
SYDNEY Oct 15 (Reuters) - A $116 billion iron ore joint venture between Rio Tinto (RIO.AX) and BHP Billiton (BHP.AX) appeared closer to death on Friday after German regulators said they would block it, foreshadowing an expected rejection by the ...
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