Wednesday, November 10, 2010

Google Alert - finance

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Deficit panel offers 'painful' program for US
Los Angeles Times
'America cannot be great if we go broke,' says the 50-page draft proposal from the chairmen of President Obama's bipartisan deficit commission. Among the five basic recommendations: 'tough discretionary spending caps,' tax reform, and changes to Social ...
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Los Angeles Times
Cisco's Quarterly Gross Margin Misses Some Analysts' Estimates
Bloomberg
By Joseph Galante - Wed Nov 10 21:15:53 GMT 2010 Cisco Systems Inc., the largest maker of computer networking equipment, reported first-quarter profitability that missed some analysts' estimates as component costs rose and the company lowered prices on ...
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Obama's Asia trip: the free trade conundrum
Christian Science Monitor
Obama will press for countries at the G20 summit to adopt measures for addressing trade imbalances. Also, the Obama administration recently stepped up talks with South Korea on modifying the free trade agreement with the US. US President Barack Obama ...
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Christian Science Monitor
Fed's QE2 Sets Sail Friday
Forbes
The Federal Reserve's second round of quantitative easing will effectively begin on Friday with a $6 billion to $8 billion purchase of Treasury securities maturing in four to five and a half years, amid rampant debate over whether the program can ...
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EPA: Toxins don't pose health risk at Detroit school
Detroit Free Press
BY CHASTITY PRATT DAWSEY The US Environmental Protection Agency Region 5 office announced today that there is no risk of health problems at Detroit's Spain Elementary due to exposure to toxins. The final report is based on the school air toxics ...
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FCC Investigating Google Data Collection
Wall Street Journal
By AMY SCHATZ And AMIR EFRATI The Federal Communications Commission is investigating whether Google Inc. broke federal laws when its street-mapping service collected consumers' personal information, joining a lengthy list of regulators probing what ...
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US Stocks Are in `Multi-Year Bull Market,' Morgan Stanley's Darst Says
Bloomberg
By Tara Lachapelle - Wed Nov 10 20:51:52 GMT 2010 US stocks are in the early stages of a "multi-year bull market," with the largest companies priced "like Rembrandts laying on the driveway in a tag sale," according to David Darst, the chief investment ...
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Spoils of Madoff's Lavish Life on NY Auction Block
ABC News
AP By VERENA DOBNIK AP Bernard Madoff's belongings go on sale this week in New York City and will include the ordinary — socks, cuticle scissors and even bottles of shampoo. But some items will be marked with the initials of the notorious financier ...
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US Stocks Erase Losses, Close Higher
Wall Street Journal
By Jonathan Cheng US stocks erased their losses to finish in positive territory, as investors weighed an improving domestic economy against heightened global concerns. The Dow Jones Industrial Average finished up 10.29 points, or 0.09%, at 11357.04, ...
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