Monday, December 6, 2010

Google Alert - finance

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Takeaways from Bernanke on "60 Minutes"
Benzinga
By Llenrock Group Ben Bernanke's interview on CBS' "60 Minutes" program was a rare unofficial interview for the Fed Chairman. Bernanke discussed a range of macroeconomic issues. Most critical to us real estate junkies was his emphatic reiteration that ...
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Big moments in the Concorde's history
BusinessWeek
By AP A French court gave its long-awaited verdict Monday in the crash of a Concorde that helped lead to the demise of the whole supersonic jet program. Here are a few key moments in its history: 1950s: The idea of a supersonic passenger plane gains ...
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Citigroup Stake Is Sold for About $10.5 Billion as US Unwinds Investment
Bloomberg
By Bradley Keoun and Donal Griffin - Tue Dec 07 03:58:16 GMT 2010 The sale helps Citigroup, recipient of a $45 billion taxpayer-funded bailout in 2008, exit the rescue, which was provided to keep the New York-based bank from collapsing as its stock ...
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US Blue-Chip Stocks Close Lower As Investors Pause
Wall Street Journal
By Kristina Peterson Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--US blue-chip stocks edged lower Monday as investors sobered by Federal Reserve Chairman Ben Bernanke's tepid economic outlook paused after last week's climb. The Dow Jones Industrial ...
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Advantest May Pay $729 Million in Unsolicited Bid for Singapore's Verigy
Bloomberg
By Jason Clenfield - Tue Dec 07 03:21:46 GMT 2010 Advantest Corp., the world's biggest maker of machines used to test memory chips, bid $729 million for Verigy Ltd. to expand its product line-up, in a deal that would be the Japanese company's biggest ...
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Groupon's rejection of Google buyout offer is a head-scratcher
Los Angeles Times
Corporate culture and executives' exit strategies may have been factors in the Chicago start-up's decision to turn down a reported $5 billion to $6 billion, but no one knows for sure because the firms aren't commenting. By Wailin Wong Greed, chutzpah, ...
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CANADA FX DEBT-C$ sags on renewed Europe debt fears
Reuters
By Claire Sibonney TORONTO, Dec 6 (Reuters) - The Canadian dollar slipped lower against its US counterpart on Monday, as riskier currencies were sold on growing doubts that European officials would find a common approach to ease the region's debt ...
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Ponzi swindler who sacked John Elway gets 40 years
Reuters
By Keith Coffman DENVER (Reuters) - A Colorado hedge-fund manager who admitted bilking $71 million from investors, including NFL Hall of Fame quarterback John Elway, as part of a Ponzi scheme was sentenced on Monday to 40 years in prison. ...
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Yen Gains, Stocks Drop on Debt Concerns; Treasuries Fall on Obama Tax Plan
Bloomberg
By Shiyin Chen - Tue Dec 07 02:48:07 GMT 2010 The yen advanced against all 16 major peers and traded at 109.80 per euro at 11 am in Tokyo from 110 yesterday. Photographer: Andrew Harrer/Bloomberg The yen rose while oil and most Asian stocks fell as ...
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