Tuesday, December 7, 2010

Google Alert - finance

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Tax cuts and surprise stimulus -- $800B?
CNN
By Jeanne Sahadi, senior writerDecember 7, 2010: 8:11 AM ET NEW YORK (CNNMoney.com) -- The compromise on the Bush tax cuts announced Monday night between President Obama and Republicans could cost between $600 billion and $800 billion if ultimately ...
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Nicor rallies on AGL Resources buyout deal
MarketWatch
By Steve Gelsi, MarketWatch NEW YORK (MarketWatch) — Shares of Nicor Inc. rallied on Tuesday after the natural-gas utility agreed to be bought by AGL Resources Inc. in a $2.4 billion cash-and-stock deal. Atlanta-based AGL Resources (NYSE:AGL) will pay ...
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Government Exits Citigroup: Is a Dividend Next?
Wall Street Journal (blog)
By Shira Ovide Uncle Sam sold its last remaining shares in Citigroup, a vestige of the bank's near collapse during the financial crisis and its more than $45 billion rescue at the hands of the government. The US Treasury said it made a $12 billion ...
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BEFORE THE BELL:US Stock Futures Surge As Tax Cuts Seen Extended
Wall Street Journal
By Kate Gibson and Polya Lesova US stock futures gained on Tuesday, together with oil, gold and other commodities, as investors also digested details of a deal to temporarily extend tax cuts to all Americans. "The approval of the extension of the tax ...
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Gold Prices Pop on Bush Tax Cut Extension
TheStreet.com
By Andrea Tse 12/07/10 - 09:46 AM EST NEW YORK (TheStreet) -- Gold prices were popping early Tuesday morning after president Barack Obama's agreement to extend Bush-era tax cuts triggered worries that the move would increase the nation's deficit ...
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Job Openings in US Increased to Two-Year High
BusinessWeek
By Courtney Schlisserman Dec. 7 (Bloomberg) -- Job openings in the US rose in October for the first time in three months, reaching the highest level in two years, a government report showed. Openings increased by 351000 to 3.36 million, the most since ...
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China money rate tumbles as big banks unleash cash
Reuters
By Lu Jianxin and Jacqueline Wong SHANGHAI, Dec 7 (Reuters) - China's key short-term money market rate plunged from two-year highs on Tuesday as a borrowing strike by small banks forced larger lenders to open the taps, underlining the market's growing ...
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BofA CEO Says Bank Eager to Raise Dividend
ABC News
By Joe Rauch CHARLOTTE, North Carolina (Reuters) - Bank of America Corp will raise its dividend as soon as possible next year if it passes the current Federal Reserve stress test, Chief Executive Brian Moynihan said on Tuesday. ...
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Gap Between China and US Narrows in Climate Talks
New York Times
By JOHN M. BRODER CANCÛN, Mexico — The United States and China have significantly narrowed their differences on the verification of reductions in greenhouse gas emissions, officials say, providing hope that a United Nations conference here on climate ...
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