Friday, November 12, 2010

Google Alert - finance

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US Stocks Retreat on Concern China Will Raise Rates; Apple, Alcoa Slump
Bloomberg
By Rita Nazareth - Sat Nov 13 05:01:00 GMT 2010 US stocks fell, giving the Standard & Poor's 500 Index its biggest weekly drop in three months, as concern about Europe's debt crisis intensified, speculation China will boost interest rates grew and ...
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European Bonds Stabilize After a Nod of Support for Ireland
New York Times
By LANDON THOMAS Jr. and JAMES KANTER LONDON — Shaken European bond markets recovered slightly on Friday, helped by a joint statement from finance ministers of the European Union's biggest economies that the group stood ready to provide assistance to ...
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China Pledges `Steady' Currency Reform After Obama's Criticism at G-20
Bloomberg
By Kathleen Chu - Sat Nov 13 05:29:54 GMT 2010 China pledged a "steady" reform of its exchange rate policy a day after US President Barack Obama criticized it for keeping the yuan "undervalued." "China will continue to improve its currency reform at a ...
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Demand may propel new GM shares above $30
The Detroit News
Washington— General Motors Co. may sell more stock than initially planned, at a higher price than expected, because of strong investor demand, people briefed on the matter said Friday. The per share price could be $30 or more, exceeding the $26 to $29 ...
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Intel Predicts 'Best Year' and Increases Dividend
New York Times
By AP The Intel Corporation, the big chip maker, announced on Friday that it would raise its dividend by 14 percent as its chief executive said the company expected its "best year ever." Le Quang Nhat/Associated Press Intel's chief, Paul S. Otellini, ...
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Treasuries Slump as Federal Reserve Begins Second Round of Monetary Easing
Bloomberg
By Cordell Eddings and Susanne Walker - Sat Nov 13 05:00:03 GMT 2010 Treasuries tumbled, with two-year note yields rising the most in 10 months, as government debt sales received lower-than-average demand even as the Federal Reserve started a second ...
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Dionne: In defense of Ben Bernanke and the Fed
Washington Post
By EJ Dionne Federal Reserve Chairman Ben Bernanke is getting a lot of grief from abroad for his decision to buy an additional $600 billion of long-term Treasury securities as a way of stimulating the American economy. Bernanke is right, and his ...
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Baucus to Introduce Bill Repealing Small-Firm Reporting Requirement
Wall Street Journal
By COREY BOLES WASHINGTON—A top Senate Democrat said Friday he plans to introduce legislation seeking to repeal an unpopular small-business tax-reporting requirement that was introduced to help pay for the health-care law. ...
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Disney World: Mad dashes, exhausting schedules and enervating weather
Los Angeles Times
A reporter flies all the way across the country with family in tow only to find that Europe would have been more relaxing. Visitors walk near Spaceship Earth at Walt Disney World's Epcot Center theme park in Orlando, Fla. (Jay LaPrete / Bloomberg) By ...
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