Friday, October 8, 2010

Google Alert - finance

News10 new results for finance
 
US Sheds Jobs, But Private Payrolls Inch Higher
Forbes
The Labor Department printed another negative number in its September nonfarm payrolls report Friday morning, reporting a loss of 95000 jobs. The bulk of the job losses came from the government though, as private sector payrolls showed a moderate ...
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US Stock Futures Fall After Job Report Fuels Concern Rebound Faltering
Bloomberg
By Michael P. Regan - Fri Oct 08 12:33:24 GMT 2010 US stock futures retreated after the government reported a bigger-than-estimated loss of jobs in September, fueling concern the economic rebound will falter. Futures on the Standard & Poor's 500 Index ...
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Pershing Takes J.C. Penney Stake
Wall Street Journal
By CAITLIN NISH Activist investor William Ackman's Pershing Square Capital Management reported Friday a 16.5% stake in department store operator JC Penney Co. In its filing, Pershing Square said it owns 39.1 million shares, or a 16.5% stake including ...
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Rumor or No Rumor, Microsoft Should Buy Adobe
DailyFinance
This is how rumors get started. Microsoft (MSFT) CEO Steve Ballmer, entourage in tow, showed up recently at Adobe's (ADBE) offices in San Francisco for a secret meeting with its CEO Shantanu Narayen. Only the secret meeting turned out to be not so ...
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Tensions rise in Sanofi-Genzyme bid war
Reuters
By Dominique Vidalon and Noelle Mennella PARIS (Reuters) - Sanofi-Aventis (SASY.PA) dismissed a claim by bid target Genzyme (GENZ.O) that it dangled a higher price for the US biotech company, as a transatlantic takeover fight descended into an ...
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Reuters
USDA Cuts Corn Estimate 3.8% as Adverse Weather Trims Yields
Bloomberg
By Jeff Wilson - Fri Oct 08 12:30:05 GMT 2010 The US corn crop will be 3.8 percent smaller than forecast a month ago, the government said, after flooding in June and hot, dry weather in August cut Midwest yields. Production will total 12.664 billion ...
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Gold Futures Rebound in New York as Dollar Weakens After US Jobs Report
Bloomberg
By Pham-Duy Nguyen - Fri Oct 08 13:31:36 GMT 2010 Gold futures rose, rebounding from the biggest drop since July, after a decline in the dollar boosted the appeal of the precious metal as an alternative asset. The dollar fell to the lowest level ...
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RIM: Can't Discuss Confidential UAE Agreement
Wall Street Journal
Following a deal with the United Arab Emirates to avert a ban of key BlackBerry services, Research In Motion Ltd. (RIMM) said Friday that it can't discuss the details of confidential regulatory matters in specific countries. The UAE ban would have come ...
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Bill Ackman Named Chairman of General Growth Spinoff Howard Hughes Corp.
Bloomberg
By Kathleen M. Howley - Fri Oct 08 14:10:08 GMT 2010 General Growth Properties Inc. said Bill Ackman will be chairman of Howard Hughes Corp., the spinoff that will consist of the company's portfolio of master-planned communities and other real estate ...
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China Investing Runs Into Dollar/Yuan Fund Conflicts
Wall Street Journal
By Jonathan Shieber Of DOW JONES PRIVATE EQUITY ANALYST China may be a hot area for private-equity investing, but some limited partners in dollar funds are concerned that they are getting second-class treatment relative to local-currency investors with ...
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