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News 10 new results for finance

On historic night, Republicans sweep House Democrats from power Christian Science Monitor Republicans needed to claim 39 Democratic seats to retake the House Tuesday. They won more than 60, surpassing the 'Republican Revolution' of 1994. Rep. John Boehner (R) of Ohio looks to be the biggest winner in Election 2010. ... See all stories on this topic » Christian Science Monitor

Factbox: Possible Republican White House candidates in 2012 Reuters (Reuters) - While Republicans and Democrats pick up the pieces from Tuesday's congressional elections, the 2012 White House race is already off to a vigorous start with President Barack Obama facing potential challenges from more than a dozen would-be ... See all stories on this topic »

AOL 3Q Profit More Than Doubles On Divestiture Gains Wall Street Journal AOL Inc.'s (AOL) third-quarter earnings more than doubled on gains from asset sales, though revenue and the number of subscribers fell. The company has cut costs, restructured and shed some assets--such as its June sale of social-networking site ... See all stories on this topic »

Biogen Laying off 13 Percent of Its Work Force ABC News AP Biotechnology company Biogen Idec Inc. says it is laying off 13 percent of its work force to cut costs. Biogen, based in Weston, Mass., has about 4750 employees, with the job cuts affecting roughly 617 workers. The company says it will focus on ... See all stories on this topic »

Mortgage Applications in US Decrease as Refinancing Drops BusinessWeek By Bob Willis Nov. 3 (Bloomberg) -- The number of mortgage applications in the US fell last week, led by a decrease in refinancing. The Mortgage Bankers Association's index declined 5 percent in the week ended Oct. 29, the Washington-based group said ... See all stories on this topic »

European Stocks Advance Before Fed Announcement; SocGen Gains on Earnings Bloomberg By Julie Cruz - Wed Nov 03 10:20:58 GMT 2010 European stocks advanced as investors speculated the Federal Reserve may announce plans to pump more money into the American economy. Asian shares gained while US index futures fluctuated. ... See all stories on this topic »

QE2: Will the Fed Surprise the Markets? TheStreet.com By Shanthi Venkataraman 11/03/10 - 07:00 AM EDT NEW YORK (TheStreet) -- Will the Federal Reserve's move to boost the flagging US economy be too little to make a difference or will it be too much, too soon? That is the big question for investors ... See all stories on this topic »

Asian Shares End Mostly Higher; Hong Kong Hits 28-Month High Wall Street Journal SINGAPORE (Dow Jones)--Most Asian markets ended higher Wednesday, with Hong Kong shares climbing to a 28-month high, as investors shrugged off a strong performance by Republicans in the US midterm elections while awaiting expected monetary easing ... See all stories on this topic »

Dollar steady but seen undermined by Fed QE Reuters Japanese 10000 yen notes (L) featuring a portrait of Yukichi Fukuzawa, the founding father of modern Japan, and $100 dollar notes, featuring an image of Benjamin Franklin, at the main office of the Korea Exchange Bank are seen in this picture ... See all stories on this topic » Reuters

WellPoint, Aetna profits beat, raise 2010 outlooks Reuters By Lewis Krauskopf NEW YORK (Reuters) - Two of the largest US health insurers, WellPoint Inc (WLP.N) and Aetna Inc (AET.N), posted higher-than-expected profits on Wednesday and raised their full-year forecasts. Aetna, the No. 3 US health insurer, ... See all stories on this topic »

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Google Alert - finance

Blogs 4 new results for finance

WalletPop's best books on personal finance for your kids By Aaron Crowe It's a six-book boxed set for $40 from personal finance guru Dave Ramsey. Recommended for ages 3-10. I've been reading these to my daughter, who is in first grade, for about a week and she's enjoyed them so much that she has drawn a ... WalletPop Blog - http://www.walletpop.com/blog/2010/06/08/colon-cleanse-products-promise-big-health-benefits-but-deliver/

A Grand Bargain on Campaign Finance Reform? « The Washington ... By Jesse Zwick The flood of political spending, coupled with the likely defeat of campaign finance hero Sen. Russ Feingold (D-Wis.), is making the elections a pretty grim spectacle for campaign finance advocates, but The Wall Street Journal opinion ... The Washington Independent - http://washingtonindependent.com/

Taking mortgage finance back to the 1930s - The Hill's Congress Blog By David Min Should Republicans take control of Congress in the upcoming midterm congressional elections, leading conservatives such as Rep. Spencer Bachus (R-Ala. Congress Blog - http://www.hillnews.com/blogs/congress-blog

XE.com - Glance-UPDATE 2-Market Chatter -- Corporate finance press ... BANGALORE, Nov 3 (Reuters) - The following corporate. finance-related stories were reported by media on Wednesday: * Nexans, the world's biggest cable maker, would. likely split up Dutch rival Draka if its bid for the ... XE Forex News - http://www.xe.com/news

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Google Alert - finance

News 9 new results for finance

Exit poll: Ailing economy, tea party fuel GOP Washington Post By ALAN FRAM AP WASHINGTON -- The basic math for Tuesday's Republican election triumph was simple: Most people think the economy is in awful shape, and those feeling that way voted solidly for the GOP. Underlying that, though, was a remarkable roll ... See all stories on this topic »

OIL FUTURES: Crude Up As US Oil Stocks Fall; FOMC Countdown Wall Street Journal By David Winning Of DOW JONES NEWSWIRES SYDNEY (Dow Jones)--Crude-oil futures hit a six-month high in Asia Wednesday, after a report showed a sharp fall in US oil stockpiles and as traders bet on the size and scope of a widely predicted second round of ... See all stories on this topic »

Bernanke May Ignore Risk of Inflation, Growth Acceleration Similar to 2004 Bloomberg By Steve Matthews and Scott Lanman - Wed Nov 03 04:00:01 GMT 2010 The Federal Reserve may be underestimating the inflation outlook for the second time in less than a decade as it prepares to pump more money into the US economy. ... See all stories on this topic »

World Bank raises China growth outlook The Associated Press BEIJING (AP) — China's rapid growth is easing to a manageable pace and Beijing can do more to reconfigure its economy to promote domestic consumption and reduce reliance on trade, the World Bank said Wednesday. Inflation that has risen steadily this ... See all stories on this topic »

BP returns to profit and looks past spill in Gulf Houston Chronicle By BRETT CLANTON Copyright 2010 Houston Chronicle BP seized on a better-than-expected quarterly earnings report Tuesday as further evidence that its business is rebounding and that the company is quickly putting the worst of the Gulf oil spill behind ... See all stories on this topic »

Washington state votes down new tax on wealthy Reuters A volunteer (R) hands a sticker to an early voter for the US midterm elections at a polling place in Washington November 2, 2010. The sticker is given to voters after they have submitted their ballot. By Bill Rigby SEATTLE (Reuters) - Washington voters ... See all stories on this topic » Reuters

South Korea's Lee hopes for progress on FX at G20 Reuters South Korean President Lee Myung-bak answers a reporter's question during a news conference regarding the upcoming G20 Summit at the presidential Blue House in Seoul, November 3, 2010. By Yoo Choonsik and Jeremy Laurence SEOUL (Reuters) - South Korean ... See all stories on this topic » Reuters

WORLD FOREX: Dollar Up On Republican Juggernaut; Caution Pre-Fed Wall Street Journal By William Mallard Of DOW JONES NEWSWIRES SINGAPORE (Dow Jones)--The dollar was modestly stronger in Asia Wednesday as Republicans posted strong gains in US midterm elections, with trading cautious before a critical Federal Reserve decision later today ... See all stories on this topic »

Oracle to acquire e-commerce software maker ATG BusinessWeek The business software provider Oracle says it has agreed to acquire e-commerce software maker Art Technology Group Inc. for $1 billion in cash. The purchase price works out to $6 per share. That is a 46 percent premium over Cambridge, Mass. ... See all stories on this topic »

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Google Alert - finance

Blogs 5 new results for finance

Business Insider Is Hiring A Markets & Finance Writer By Jessica Liebman Business Insider is hiring a Markets & Finance Writer. SAI: Silicon Alley Insider - http://www.businessinsider.com/sai

Can Campaign Finance Reformers Work With Ken Buck or Rand Paul ... By Jesse Zwick Most Republican candidates who might nab Senate seats tonight don't look like such good friends of the campaign finance reform community on the surface, but might a few end up lending a sympathetic ear to the cause once in Washington? ... The Washington Independent - http://washingtonindependent.com/

Conway vows to fight for campaign finance reform – CNN Political ... By jsimoncnn Washington (CNN) -- In the bitterly fought battle for Kentucky's Senate seat, a race that was highlighted by the controversial Aqua Buddha ad, Democrat Jack Conway conceded to Rand Paul "graciously" in Senator-elect Paul's own words to ... CNN Political Ticker - http://politicalticker.blogs.cnn.com/

Stimulus bonds will help finance Intel's new fab | OregonLive.com By Mike Rogoway, The Oregonian The tax-exempt bonds could reduce Intel's interest rate by about 1 percent. Washington County News - http://www.oregonlive.com/washingtoncounty/

Harvard Kennedy School - Entrepreneurial Finance Lab Wins G-20 SME ... The Entrepreneurial Finance Lab (EFL) at the Center for International Development (CID) at Harvard University has been selected as a winner of the G-20 SME Finance Challenge for addressing the problem of access to finance for small and ... HKS News - http://www.hks.harvard.edu/

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News 8 new results for finance

What exit polls say about the Tea Party movement msnbc.com By Tom Curry National affairs writer NEW YORK — The Tea Party movement proved to be an important factor in Republican victories in some states – but exit poll data raised the question of whether Tea Party and "conservative" are pretty much ... See all stories on this topic »

Asian stocks up, dollar on backfoot before Fed Reuters Investors use computers to check for stock information in front of an electronic board, filled with red figures indicating rising prices, at a brokerage house in Wuhan, Hubei province October 25, 2010. . By Sugita Katyal SINGAPORE (Reuters) - Asian ... See all stories on this topic » Reuters

GM expects IPO to reduce taxpayers' stake to about 43% USA Today By Bill Pugliano, Getty Images By Sharon Silke Carty and Tom Krisher, AP DETROIT — The initial offering of General Motors stock is expected to raise about $10 billion in a sale that will cut the US government's stake in GM to below 50%, three people ... See all stories on this topic »

Analysts Views: What U.S. vote means for G20 summit Reuters (Reuters) - US voter anxiety about the economy and discontent with President Barack Obama's leadership fueled big Republican gains in mid-term elections on Tuesday. That raises questions of what the outcome means for next week's G20 summit in Seoul ... See all stories on this topic »

Wynn Macau Net Jumps 57% Wall Street Journal By KATE O'KEEFFE HONG KONG—Wynn Macau Ltd. reported Wednesday a 57% jump in third-quarter net profit from a year earlier as gambling revenue in the Chinese territory soared, and the company said it would pay a dividend for the first time. ... See all stories on this topic »

Trial Opens Over Damages in Oracle Copyright Case With SAP New York Times By VERNE G. KOPYTOFF OAKLAND, Calif. — The dispute between the software giants Oracle and SAP, in one of the most closely watched court cases in Silicon Valley history, is not over whether SAP engaged in a copyright infringement scheme, ... See all stories on this topic »

Moon and fired executives buy Washington Times for $1 Washington Post By Ian Shapira A group of fired Washington Times executives, led by the paper's founder and Unification Church patriarch, the Rev. Sun Myung Moon, has bought the 28-year-old conservative newspaper back from Moon's eldest son for $1, saving it from a ... See all stories on this topic » Washington Post

Electronic Arts narrows losses, despite video game maker's drop in sales San Jose Mercury News By Troy Wolverton FILE - In this Feb. 25, 2008, file photo, the exterior view of Electronic Arts Inc. headquarters in Redwood City, Calif., is shown. Electronic Arts Inc. reports quarterly earnings, Tuesday, May 11, 2010, after the market close. ... See all stories on this topic »

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Google Alert - finance

News 8 new results for finance

Rubio, Paul lead GOP surge on expected big night Houston Chronicle By DAVID ESPO AP Special Correspondent © 2010 AP WASHINGTON — Republicans gained a Senate seat in Indiana and powered to leads in 10 House districts currently held by Democrats in midterm elections Tuesday night, early fruits of a drive to break the ... See all stories on this topic »

BP Embraces Deepwater Risk as Dudley Rebuilds After $40 Billion Gulf Spill Bloomberg By Brian Swint and Stanley Reed - Wed Nov 03 00:01:02 GMT 2010 BP Plc Chief Executive Officer Robert Dudley expects to drill in the US Gulf for 20 years as the company exploits its experience searching for oil miles below the sea. ... See all stories on this topic »

Electronic Arts Posts Narrower Loss Wall Street Journal By IAN SHERR Electronic Arts Inc.'s loss shrank in its second quarter, as the videogame publisher's cost-cutting measures helped offset a big drop in revenue. EA, which makes hit games like "Rock Band" and "Madden NFL," reported a loss of $201 million, ... See all stories on this topic »

Oil Rises to a Six-Month High on US Stimulus Bets, Fuel Supply Forecast Bloomberg By With assistance from Mark Shenk - Wed Nov 03 00:02:38 GMT 2010 Crude oil rose to a six-month high after the dollar fell and US stocks rallied on expectations the Federal Reserve will take measures to spur the economy. The Fed will likely start a new ... See all stories on this topic »

CREDIT MARKETS: Investors Brace For Election, FOMC Outcomes Wall Street Journal By Michael Aneiro Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Corporate credit held firm Tuesday as markets gird for a busy and long-awaited 24-hour period that will bring midterm election results and specifics of an anticipated second round of ... See all stories on this topic »

Yen Trades Near One-Week Low Against Euro on Stock Gains, Global Recovery Bloomberg By Ron Harui and Allison Bennett - Tue Nov 02 23:51:37 GMT 2010 The yen traded near a one-week low against the euro as US stocks rose and on speculation the worldwide economic recovery is gathering momentum, sapping demand for the Japanese currency as ... See all stories on this topic »

Insider Case Alleges Doctor's Tips Wall Street Journal By JENNY STRASBURG And JEAN EAGLESHAM Federal authorities arrested a French doctor who allegedly tipped a hedge-fund manager with confidential information after the death of a patient in a clinical drug trial and charged him with engaging in an ... See all stories on this topic »

Test case explores effectiveness of Chinese walls Financial Times Guy Hands' lawsuit against Citigroup over his Terra Firma private equity group's £4.2bn buy-out of EMI is being closely watched by regulators and investment banks around the world as a test case on conflicts of interest and the effectiveness of ... See all stories on this topic »

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News 8 new results for finance

Vote 2010: How did Obama, Democrats lose their way on the economy? Christian Science Monitor Obama stands at the head of a party poised to lose control of Congress in Vote 2010. Democrats' handling of economic issues and the high unemployment rate are key factors. President Barack Obama makes a final get-out-the-vote push for Democratic ... See all stories on this topic » Christian Science Monitor

Wynn Resorts Has Loss on Debt Payments, Votes Dividend; Macau is Boomng Bloomberg By Beth Jinks - Tue Nov 02 20:42:54 GMT 2010 Wynn Resorts Ltd., owner of the Wynn and Encore casinos, reported a third-quarter net loss from costs to repay debt early. The board voted a pay a special dividend of $8 a share. ... See all stories on this topic »

Apple Is Clear King Of Tablet Market, For Now Forbes Report from Strategy Analytics says iPad had commanding 95% share in the third quarter, but new devices from a number of players are on the way. Apple has increased its market share to 95% in the tablet computer arena, according to a report by Strategy ... See all stories on this topic »

BP boss Bob Dudley draws a line under 'traumatic' period The Guardian BP's dividend will not be restored to pre-Gulf spill levels when it resumes its payout to shareholders and is expected to remain permanently lower. The company suspended its $10bn (£6.25bn) annual dividend, which had accounted for 12% of all ... See all stories on this topic » The Guardian

Pfizer Sales Lag, Hurt by Generic Lipitor, Effexor ABC News By Ransdell Pierson NEW YORK (Reuters) - Pfizer Inc reported disappointing sales on Tuesday, hurt by generic competition for its Lipitor cholesterol fighter and Effexor XR depression drug as well as weak revenue in emerging markets. ... See all stories on this topic »

Oracle buying Art Technology for one billion dollars AFP NEW YORK — US business software giant Oracle announced Tuesday it was buying e-commerce software company Art Technology Group for one billion dollars in cash. Oracle is offering six dollars per share, a premium of 46 percent compared with ATG's closing ... See all stories on this topic »

FOREX-US dollar slides ahead of Fed, election results Reuters By Wanfeng Zhou NEW YORK, Nov 2 (Reuters) - The US dollar fell on Tuesday after Australia's surprising interest rate hike and positive economic news in the euro zone, but analysts warned of a possible rebound if the Federal Reserve disappoints markets ... See all stories on this topic »

Canada Fin Min: Govt Pleased With GM Investment Wall Street Journal OTTAWA (Dow Jones)--Canadian Finance Minister Jim Flaherty said Tuesday his government is pleased with its investment in auto maker General Motors Co. Speaking to reporters after Question Period in the House of Commons, Flaherty said he couldn't say ... See all stories on this topic »

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