Local aerospace suppliers feel squeezed by Boeing – The Seattle Times

Posted under Business on Tuesday, February 7th, 2012 at 5:10 pm

Local aerospace suppliers feel squeezed by Boeing
The Seattle Times
As Boeing ramps up production, some suppliers say they are being pushed hard to cut prices while improving quality. By Dominic Gates No comments have been posted to this article. As a Boeing executive laid out Tuesday the compelling growth prospects ...
JAL sees 787 delivery delay as Boeing tackles fresh glitchReuters
Boeing Sees 787 Check Slowing Work While Delivery Goal MetBusinessWeek
Boeing Finds Fuselage Problem in DreamlinersWall Street Journal
Washington Post
all 305 news articles »

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Disney 1Q Revenue Misses Estimates but Profits Up – ABC News

Posted under Business on Tuesday, February 7th, 2012 at 5:02 pm

Globe and Mail

Disney 1Q Revenue Misses Estimates but Profits Up
ABC News
The Walt Disney Co. said Tuesday that its net income rose 12 percent in the final quarter of 2011, as a slimmer movie slate and upbeat theme park results helped the company top earnings forecasts even while revenue gains were less than expected.
Disney's first-quarter profit up 12%Los Angeles Times
Disney Profit Rises 12%, but Revenue Undershoots EstimatesWall Street Journal
Theme Parks, Cable Networks Drive Disney's Q1 EarningsReuters
BBC News -Financial Times
all 236 news articles »

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NYMEX-Crude gains on surprise US crude stocks fall – Reuters

Posted under Business on Tuesday, February 7th, 2012 at 5:01 pm

The Guardian

NYMEX-Crude gains on surprise US crude stocks fall
Reuters
| TOKYO Feb 8 (Reuters) - US crude futures rose for a second day on Wednesday to near $99 a barrel, helped by a weaker dollar and industry data showing an unexpectedly steep drawdown in US crude inventories. FUNDAMENTALS * NYMEX crude for March ...
Crude glut in US suppresses Canadian oil pricesGlobe and Mail
OIL FUTURES: Nymex Crude Settles +1.6%; Brent-WTI Spread NarrowsWall Street Journal
Backlog sees Canadian crude price tumbleFinancial Times
The Associated Press -San Francisco Chronicle
all 1,264 news articles »

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Greeks seek elusive bailout deal as EU tempers fray – Reuters

Posted under Business on Tuesday, February 7th, 2012 at 4:54 pm

USA TODAY

Greeks seek elusive bailout deal as EU tempers fray
Reuters
By Renee Maltezou and George Georgiopoulos | ATHENS (Reuters) - Greek parties will try yet again on Wednesday to strike a reform deal in return for a new international rescue to avoid a chaotic default, after a string of delays which have prompted some ...
Greek Premier to Seek Bailout Consensus Amid Political QuarrelsBusinessWeek
Greek Haggling Drags on as Meeting to Seal Terms of Second Bailout DelayedBloomberg
Possible Deal on Greek Debt Soothes InvestorsNew York Times
Economic Times -USA TODAY -Wall Street Journal
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Yahoo Names Two to Board as Four Directors Leave – Bloomberg

Posted under Business on Tuesday, February 7th, 2012 at 4:47 pm

Bloomberg

Yahoo Names Two to Board as Four Directors Leave
Bloomberg
Enlarge image Yahoo Yahoo Tony Avelar/Bloomberg Yahoo! Inc. headquarters in Sunnyvale, California. Play Video Yahoo! Inc., a month after hiring Scott Thompson as chief executive officer, added two directors and announced the departure of Chairman Roy ...
Yahoo chairman to leave in reshuffleFinancial Times
Chairman, 3 Others out in Yahoo Board Shake-UpABC News
Yahoo Chairman Out in Shake-UpWall Street Journal
BusinessWeek -Reuters
all 424 news articles »

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Eyes on dissident states as mortgage deal nears – Reuters

Posted under Business on Tuesday, February 7th, 2012 at 4:46 pm

Los Angeles Times

Eyes on dissident states as mortgage deal nears
Reuters
By Aruna Viswanatha and Karen Freifeld (Reuters) - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed US homeowners could be announced as early Thursday, two people familiar with the matter said.
New York Postpones Statement On Settlement With BanksWall Street Journal
States With Highest Foreclosure Rates Among Accord HoldoutsBusinessWeek
Arizona and Florida set to join foreclosure deal, leaving a few holdouts ...Washington Post
MarketWatch -Cronkite News
all 773 news articles »

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Glencore, Xstrata Seal Deal in Two Months After Years of Talks – BusinessWeek

Posted under Business on Tuesday, February 7th, 2012 at 4:39 pm

The Guardian

Glencore, Xstrata Seal Deal in Two Months After Years of Talks
BusinessWeek
By Chris V. Nicholson Feb. 8 (Bloomberg) -- Glencore International Plc's planned $41 billion takeover of Xstrata Plc, a combination years in the making, came together in just two months after a pivotal dinner in London last year between Xstrata Chief ...
Glencore, Xstrata Sign $41 Billion Deal in Two Months After Years of TalksBloomberg
Glencore, Xstrata Turn to Selling DealWall Street Journal
Xstrata deal with Glencore dealt major blowSydney Morning Herald
Telegraph.co.uk -Financial Times -Forbes
all 1,296 news articles »

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China Central Bank Vows Support for Homebuyers – Bloomberg

Posted under Business on Tuesday, February 7th, 2012 at 4:36 pm

Bloomberg

China Central Bank Vows Support for Homebuyers
Bloomberg
Enlarge image China's PBOC Pledges Support for Home Buyers as Sales Slide China's PBOC Pledges Support for Home Buyers as Sales Slide Nelson Ching/Bloomberg Officials will increase support for construction of affordable housing and ensure that “loan ...
Citigroup to issue China credit cardsFinancial Times
China Central Bank Pledges Support for Homebuyers as Sales SlideBusinessWeek
China c.bank says to ensure credit for first-home buyersReuters
CNN -Wall Street Journal -MarketWatch
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Verizon, Redbox plan Netflix challenge – Reuters

Posted under Business on Tuesday, February 7th, 2012 at 4:30 pm

USA TODAY

Verizon, Redbox plan Netflix challenge
Reuters
By Sinead Carew and Yinka Adegoke (Reuters) - Verizon Communications Inc and Coinstar's Redbox unit have formed a joint venture to sell video services aimed at competing against video rental giant Netflix Inc. The venture will combine the Redbox DVD ...
CoinStar: Will Verizon, NCR Deals Spur Antitrust Probe?Forbes
Coinstar Soars on Profit, Buyout of NCR Unit: Los Angeles MoverBloomberg
Analysts Upbeat on Redbox ResultsHome Media Magazine
KWCH -msnbc.com
all 1,131 news articles »

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Walmart to Label Healthy Foods – New York Times

Posted under Business on Tuesday, February 7th, 2012 at 12:52 pm

New York Times

Walmart to Label Healthy Foods
New York Times
As part of its promise last year to improve the nutritional quality of the food it sells, Walmart said on Tuesday that it had devised standards to determine what is healthy and would label the foods that meet those standards.
Walmart 'Great for You' Healthy Labels: Nutrition Experts Say 'Devil in the ...ABC News
Walmart to label healthier food as "Great For You"Reuters
Walmart to label healthier food as 'Great For You'Fox News
BusinessWeek -The Associated Press
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Cat Fancy’s creepy, fake Twitter feed gets a following (The Cutline)

Posted under Business on Tuesday, February 7th, 2012 at 12:39 pm

The Cutline - Cat Fancy, the magazine for cat lovers, doesn't have a Twitter feed. But it may want to get one now. A group of Twitter users have claimed the @Cat_Fancy handle as the "Official Twitter Account of Cat Fancy Magazine," causing some confusion among their 4,300-plus followers with steady stream of satirical, sinister tweets. Here's just [...]

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Stocks turn around on jobs report, best in 3 years – USA TODAY

Posted under Business on Tuesday, February 7th, 2012 at 12:31 pm

USA TODAY

Stocks turn around on jobs report, best in 3 years
USA TODAY
By Samantha Bomkamp, AP NEW YORK – Stocks held onto gains Tuesday afternoon as investors turned their focus away from the wait on a debt deal in Greece to positive news about job openings, latest sign that the economy is gaining ground, ...
US Stocks Hold Gains In Afternoon Trade, Despite Greek DelayWall Street Journal
Dow Average Rises Toward Highest Level Since 2008 on Greek TalksBusinessWeek
US STOCKS-Wall St edges up with Greek deal awaitedReuters
Forbes -The Associated Press
all 1,819 news articles »

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US Consumer Credit Climbed by $19.3B in Dec. – Bloomberg

Posted under Business on Tuesday, February 7th, 2012 at 12:22 pm

Bloomberg

US Consumer Credit Climbed by $19.3B in Dec.
Bloomberg
Enlarge image Consumer Credit in US Climbed by $19.3 Billion in December Consumer Credit in US Climbed by $19.3 Billion in December Daniel Acker/Bloomberg 2012 Didge Ram pickup trucks at Sam Leman Chrysler, Dodge, Jeep in Peoria, Illinois on Jan.
Consumer borrowing rose $19.3 billion in DecemberThe Associated Press
Consumer Borrowing Rises Again, Fed SaysNew York Times
US consumer credit rises $19.3 bln in DecemberReuters

all 75 news articles »

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Bernanke: 8.3% Unemployment Understates Job Market Weakness – Bloomberg

Posted under Business on Tuesday, February 7th, 2012 at 12:03 pm

Bloomberg

Bernanke: 8.3% Unemployment Understates Job Market Weakness
Bloomberg
Enlarge image Ben Bernanke Ben Bernanke Andrew Harrer/Bloomberg Ben S. Bernanke, chairman of the US Federal Reserve, at the Senate Budget Committee hearing in Washington on Feb. 7, 2012. Play Video Play Video Enlarge image Ben Bernanke Ben Bernanke ...
Bernanke tells Senate: Focus on growth now, deficit cuts laterWashington Post
Bernanke looks past January jobs reportMarketWatch
Bernanke sticks with low-rate stanceLos Angeles Times
BusinessWeek -USA TODAY -Reuters
all 526 news articles »

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UBS issues gloomy outlook for 2012 – Financial Times

Posted under Business on Tuesday, February 7th, 2012 at 10:44 am

Financial Times

UBS issues gloomy outlook for 2012
Financial Times
By Haig Simonian and Megan Murphy It was UBS's gloomy outlook for the future, rather than the missteps of its past, that hit the Swiss group's shares on Tuesday after it reported a larger than expected 76 per cent decline in net profits for the fourth ...
UBS Americas wealth unit reports 4th-qtr profitReuters
UBS Culls Bonuses as Profit FallsWall Street Journal
UBS Q4 profit hit by fallout from trading scandalThe Associated Press
Bloomberg -BusinessWeek -New York Times
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Apple in talks on iTV with Canada telecoms: report (Reuters)

Posted under Business on Tuesday, February 7th, 2012 at 9:49 am

Reuters - Apple Inc. is in talks with Canada's two biggest telecom companies about becoming partners in the launch of iTV, a device combining features of the wildly popular iPad tablet with those of a television set, a newspaper reported on Tuesday.

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As Economy Slows, India Awakens to Need for Foreign Investment – New York Times

Posted under Business on Tuesday, February 7th, 2012 at 9:21 am

New York Times

As Economy Slows, India Awakens to Need for Foreign Investment
New York Times
NEW DELHI — When India's finance minister, Pranab Mukherjee, flew to Chicago recently to address a group of American executives, it was to deliver an urgent message: India is still open for business. Usually a cautious speaker who offers only vague ...
GoM allows airlines to directly import jet fuel; costs could cut by 25%Economic Times
Indian airlines to be allowed to import jet fuelReuters
Indian carriers permitted direct fuel importsFinancial Times
gulfnews.com -Wall Street Journal -Indian Express
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Lender Processing Unit Docx Indicted in Missouri for Forgery – BusinessWeek

Posted under Business on Tuesday, February 7th, 2012 at 9:10 am

Riverfront Times

Lender Processing Unit Docx Indicted in Missouri for Forgery
BusinessWeek
By Phil Milford Feb. 7 (Bloomberg) -- Docx LLC, a unit of Lender Processing Services Inc., was charged in Missouri with forgery and making a false declaration related to mortgage documents it processed. A grand jury in Columbia, Missouri, ...
Company Faces Forgery Charges in Mo. ForeclosuresNew York Times
Missouri grand jury indicts Jacksonville company on forgery chargesFlorida Times-Union
Former LPS subsidiary indicted on 136 mortgage counts in MissouriBusiness Journal
American Banker -Bloomberg -KSDK
all 21 news articles »

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Stocks turn around on jobs report, best in 3 years – USA TODAY

Posted under Business on Tuesday, February 7th, 2012 at 9:07 am

USA TODAY

Stocks turn around on jobs report, best in 3 years
USA TODAY
By Samantha Bomkamp, AP NEW YORK – Stocks recovered from early losses Tuesday as investors turned their focus to positive news about job openings, latest sign that the economy is gaining ground, and the continued prospect of low interest rates.
Stock market turns higher, erasing early lossesThe Associated Press
Why the Dow Is Flat TodayDailyFinance
Stocks turn higher on strong job openingsSalt Lake Tribune
CBS News
all 145 news articles »

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Job Openings in U.S. Rise by the Most in Almost a Year: Economy – San Francisco Chronicle

Posted under Business on Tuesday, February 7th, 2012 at 8:56 am

KGMI

Job Openings in U.S. Rise by the Most in Almost a Year: Economy
San Francisco Chronicle
Feb. 7 (Bloomberg) -- Job openings in the US increased in December by the most in almost a year, showing employers are gaining confidence the economy will keep growing in 2012. The number of positions waiting to be filled climbed by 258000, ...
Job openings rise to 3.4 million in DecemberReuters
U.S. Job Openings Rose to 3.38 Million in December in Sign of ConfidenceBloomberg
Job Openings Jump to Near a 3-Year HighABC News

all 292 news articles »

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Jewel-Osco parent to cut 800 jobs in US; 20 in Chicago – Chicago Tribune

Posted under Business on Tuesday, February 7th, 2012 at 8:50 am

KMVT

Jewel-Osco parent to cut 800 jobs in US; 20 in Chicago
Chicago Tribune
Jewel-Osco parent Supervalu Inc. plans to eliminate 800 positions within the company, most of them by the end of February. About 20 of those positions will be cut from Jewel's Chicago-area headquarters. The Minneapolis-based chain has struggled with ...
Supervalu to cut 800 office jobs by Feb. 25MarketWatch
Supervalu To Cut 800 Office Jobs By Feb 25 In Turnaround EffortWall Street Journal
Supervalu to cut 800 jobs nationwideCBS News
Chicago Sun-Times -Minneapolis Star Tribune -Minneapolis / St. Paul Business Journal
all 31 news articles »

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Coca-Cola’s Profit Slides – Wall Street Journal

Posted under Business on Tuesday, February 7th, 2012 at 5:18 am

Bloomberg

Coca-Cola's Profit Slides
Wall Street Journal
By MELODIE WARNER Coca-Cola Co.'s earnings fell 71% from a year-earlier period that included a large gain from the purchase of some bottling operations, while the soda giant's unit case volume continued to rise. Coca-Cola's North America sales have ...
Coca-Cola Fourth-Quarter Profit Beats Estimates as Sales Advance in AsiaBloomberg
Coca-Cola Profit Tops Analysts' Estimates as Sales Climb in AsiaBusinessWeek
Coca-Cola beats Street, eyes cost savingsReuters
ABC News -Houston Chronicle
all 126 news articles »

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BP profits gush skywards as US criminal trial looms – AFP

Posted under Business on Tuesday, February 7th, 2012 at 5:10 am

AFP

BP profits gush skywards as US criminal trial looms
AFP
LONDON — BP returned to profit with a bang last year, posting net earnings of $23.9 billion on Tuesday as the British energy giant prepares for a criminal trial over the US Gulf of Mexico oil spill disaster. BP announced adjusted profit after tax ...
BP preparing 'vigorously' for oil spill lawsuitsReuters
BP Raises Dividend After Quarterly Earnings Beat ShellSan Francisco Chronicle
BP CEO: Would Settle Deepwater Spill But Not At Any CostFox Business
The Ledger -MarketWatch -The Guardian
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Toyota May Beat Profit Forecasts, Reclaim Lost Market Share – BusinessWeek

Posted under Business on Tuesday, February 7th, 2012 at 4:40 am

Bloomberg

Toyota May Beat Profit Forecasts, Reclaim Lost Market Share
BusinessWeek
By Anna Mukai, Masatsugu Horie and Yuki Hagiwara Feb. 7 (Bloomberg) -- Toyota Motor Corp., Asia's largest carmaker, raised its profit forecast 11 percent as new models boost sales. The outlook may be even better than the company anticipates, ...
Toyota Shows Optimism Despite GloomWall Street Journal
Toyota raises annual profit forecast, eyes recoveryReuters
Brisk US Sales Lift Toyota's Profit Forecast for the YearNew York Times
Financial Times -Sioux City Journal
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Greek deal hopes lift euro, shares – Reuters

Posted under Business on Tuesday, February 7th, 2012 at 12:25 am

The Age

Greek deal hopes lift euro, shares
Reuters
By Richard Hubbard | LONDON (Reuters) - The euro and European stock markets edged higher on Tuesday as traders grew hopeful a resolution could be found to enable a second bailout deal for Greece, although poor results for some top European firms ...
Asian Shares MixedWall Street Journal
Dollar adds to gains; yen moves lowerMarketWatch
FOREX-Euro supported by Greek hopes, Aussie buoyed by RBAReuters UK
Bloomberg -Independent Online
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Stocks End Lower on Greek Default Jitters – TheStreet.com

Posted under Business on Monday, February 6th, 2012 at 6:50 pm

TheStreet.com

Stocks End Lower on Greek Default Jitters
TheStreet.com
By Chao Deng 02/06/12 - 04:12 PM EST NEW YORK (TheStreet) -- Stocks finished lower Monday as investors remained cautious about Greece's debt situation. The Dow Jones Industrial Average fell 17.1 points, or 0.1%, to 12845, but pared back earlier losses ...
Tokyo stocks mixed over talks on Greek debtEconomic Times
Markets Edge Down After 5-Week RallyNew York Times
Wall St edges lower after string of gainsReuters
Bloomberg -Fox Business -BusinessWeek
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Electric car maker and US loan recipient Fisker cuts jobs – CNN

Posted under Business on Monday, February 6th, 2012 at 6:46 pm

ABC News

Electric car maker and US loan recipient Fisker cuts jobs
CNN
By Jose Pagliery @CNNMoney February 6, 2012: 9:42 PM ET The Fisker Karma is a beautiful car, but do the company's financial problems threaten it? NEW YORK (CNNMoney) -- Fisker Automotive, the electric car company that received a half-billion dollars in ...
Electric car maker Fisker: Layoffs in Del., Calif.The Associated Press
Fisker's Delaware Project 'Delayed' After US Freezes LoanBusinessWeek
Fisker lays off workers, wants to renegotiate federal loanLos Angeles Times
Reuters -Bloomberg -WDEL 1150AM
all 135 news articles »

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Stock gains turn hedge fund losers into winners – Chicago Tribune

Posted under Business on Monday, February 6th, 2012 at 5:27 pm

Bloomberg

Stock gains turn hedge fund losers into winners
Chicago Tribune
BOSTON (Reuters) - Last year's hedge fund losers may be turning into winners again. Several of the largest hedge funds that ended last year deep in the red, jumped to good starts in January, giving their wealthy investors reason to believe savvy ...
Hedge Funds Underestimating Europe's Will to Force Greek Losses on ThemBloomberg
Hedge funds underestimating EU's will to force Greek lossesDanbury News Times
Europe's pensions flee hedge fundsFinancial Times

all 46 news articles »

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MF Trustee Traced $105B in Cash Movement – Bloomberg

Posted under Business on Monday, February 6th, 2012 at 4:49 pm

Bloomberg

MF Trustee Traced $105B in Cash Movement
Bloomberg
Enlarge image Jon Corzine Jon Corzine Andrew Harrer/Bloomberg Jon S. Corzine, former chairman and chief executive officer of MF Global Holdings Ltd., finishes his opening statement in front of a House Financial Services Committee in Washington on Dec.
MF Trustee: Funds Missing Days Before BankruptcyWall Street Journal
MF Global shortfall worsened as bankruptcy nearedReuters
MF Global dipped into client funds earlier than believedFinancial Times
TheStreet.com -San Francisco Chronicle
all 104 news articles »

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Dow sheds 0.1%: Stocks dip as investors focus on Greece – USA TODAY

Posted under Business on Monday, February 6th, 2012 at 3:36 pm

USA TODAY

Dow sheds 0.1%: Stocks dip as investors focus on Greece
USA TODAY
NEW YORK (AP) – Stock indexes closed slightly lower Monday as talks dragged on between Greek political leaders over a fresh cost-cutting package required for the country to get more bailout loans. By Richard Drew, AP Trader Warren Meyers is illuminated ...
Emerging Stocks Fall as Greek Talks Continue, IMF Warns on ChinaBusinessWeek
CORRECT: WORLD FOREX: Euro Down On Greek UncertaintyWall Street Journal
Stocks slip on Wall Street as Greek talks drag onThe Associated Press
Washington Post -New York Times
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US CEO gives up $100mn payout – AFP

Posted under Business on Monday, February 6th, 2012 at 3:20 pm

AFP

US CEO gives up $100mn payout
AFP
WASHINGTON — The ex-chief executive of drilling rig operator Nabors Industries gave up a $100 million departure payout after shareholder complaints of excessive pay, the company said Monday. Eugene Isenberg, still chairman of the company after being ...
Nabors' Isenberg gives up $100 million pay claimReuters
Under fire, oil exec gives up $100 million severance payHouston Chronicle
Former Nabors CEO foregoes $100m retirement payoutGas Business Briefing
San Francisco Chronicle -Fox Business -Bizjournals.com
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Euro resilient; Aussie eyes RBA rate decision – Reuters

Posted under Business on Monday, February 6th, 2012 at 3:07 pm

Voxy

Euro resilient; Aussie eyes RBA rate decision
Reuters
By Ian Chua | SYDNEY (Reuters) - The euro held steady in Asia on Tuesday as markets remained sanguine that Greece will eventually clinch a rescue package, even as the country's political leaders delayed their decision to accept painful terms by yet ...
USD Reversal To Accelerate, Australian Dollar Outlook Weighed By RBATheStreet.com
Forex: AUD/JPY prints fresh 3-month high post RBA rate holdNASDAQ
Australia CB RBA leaves OCR unchanged at 4.25%, easing bias in tactFXMarketAlerts.com
ForexLive (blog) -Action Forex -Easy-Forex
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Housing plan helps nearly 1 million homeowners – Reuters

Posted under Business on Monday, February 6th, 2012 at 2:50 pm

Forbes

Housing plan helps nearly 1 million homeowners
Reuters
| WASHINGTON (Reuters) - Nearly 1 million US homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the US Treasury said on Monday, only a fraction of the total ...
JP Morgan: Obama's housing program could help 500000 more homeownersWashington Post (blog)
What The Mortgage Relief Plan Would Do For HomeownersForbes
HAMP Program To Undergo Some TweaksExaminer.com
MNI News -Tulsa World
all 30 news articles »

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US Stocks Fall Amid Greek Debt Talks – Bloomberg

Posted under Business on Monday, February 6th, 2012 at 1:16 pm

Bloomberg

US Stocks Fall Amid Greek Debt Talks
Bloomberg
Play Video Play Video US stocks declined, following a five-week advance for the Standard & Poor's 500 Index, amid concern about Europe's debt crisis as Greek leaders wrestled with spending cuts to get aid and avert a default. The S&P 500 retreated 0.1 ...
Dow Slips from 2008 High as Greek Fears LingerFox Business
Stocks Fret Anew Over GreeceWall Street Journal
US stocks down as Greece struggles for accordMarketWatch
The Associated Press
all 800 news articles »

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Strike in France expected to ground many overseas flights – CNN

Posted under Business on Monday, February 6th, 2012 at 1:05 pm

swissinfo.ch

Strike in France expected to ground many overseas flights
CNN
By the CNN Wire Staff (CNN) -- Air France expects to cancel nearly half its "long haul" flights Tuesday because of a strike, the airline said in a news release, and more than a quarter of the carrier's remaining scheduled flights are expected not to ...
Pilots strike, Air France axes some Tuesday flightsReuters
French airports battle aviation strikeThe Associated Press
France air strike to worsen, 50% Air France long flights hitEconomic Times
Wall Street Journal
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Super Bowl sets records with 111.3 million TV viewers, 12,233 tweets per second (The Cutline)

Posted under Business on Monday, February 6th, 2012 at 12:22 pm

The Cutline - The Super Bowl broadcast by NBC on Sunday was watched by 111.3 million people, according to Nielsen estimates, making it the most-watched program in television history for the third year in a row. Approximately 47.8 percent of U.S. homes tuned in for the New York Giants come-from-behind 21-17 victory over the New England Patriots, off [...]

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Amazon Stock Good For $205, Maybe More If Margins Fatten – Forbes

Posted under Business on Monday, February 6th, 2012 at 11:52 am

MyFox Chicago

Amazon Stock Good For $205, Maybe More If Margins Fatten
Forbes
Amazon.com has a history of treading on wafer-thin margins, but it seems that in 2011, investor patience was tested to the limit. Adjusted EBITDA margins fell from around 7% in 2010 to around 5.2% in 2011. [1] While the stock suffered quite ...
Why it makes sense for Amazon to open its own storesGigaOm
Amazon to launch first brick-and-mortar store, report saysWashington Post
Is Amazon Planning a Brick-and-Mortar Store?PC Magazine
Seattle Post Intelligencer -Fox Business -VentureBeat
all 67 news articles »

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Lazard Shares Fall After Reporting Profit Drop: New York Mover – BusinessWeek

Posted under Business on Monday, February 6th, 2012 at 8:02 am

New York Times

Lazard Shares Fall After Reporting Profit Drop: New York Mover
BusinessWeek
By Laura Marcinek Feb. 6 (Bloomberg) -- Lazard Ltd., the largest independent merger adviser, fell the most in six months after reporting a 99 percent plunge in fourth-quarter profit on a decrease in revenue from working on deals.
Lazard Swings To 4Q Loss On Slump In Advisory RevenueWall Street Journal
Lazard in the red on weak revenue, higher costsReuters
Lazard's Fourth-Quarter Profit Falls as Advisory Revenue PlungesBloomberg
NASDAQ -New York Times (blog)
all 26 news articles »

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Brazil awards key airport concessions for $14 bln – Reuters

Posted under Business on Monday, February 6th, 2012 at 7:51 am

AFP

Brazil awards key airport concessions for $14 bln
Reuters
* Brazil upgrading airports before World Cup, Olympics * Winners from Brazil, South Africa, France, Argentina By Leonardo Goy and Carolina Marcondes SAO PAULO, Feb 6 (Reuters) - Brazil on Monday awarded contracts for private companies to expand and ...
Brazilian Stock Movers: HRT, Lupatech, CCR Gain; Triunfo DropsBloomberg
Brazil Raises $14 Billion in Airport Auction for World CupSan Francisco Chronicle
Brazil privatises three airportsBBC News
Wall Street Journal -AFP
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Rehabilitated General Motors Eyes $10 Billion Annual Profits – Fox Business

Posted under Business on Monday, February 6th, 2012 at 6:59 am

INAUTONEWS

Rehabilitated General Motors Eyes $10 Billion Annual Profits
Fox Business
General Motors (GM), which was left for dead three years ago, is now reportedly targeting a lofty profit goal of $10 billion a year. Daniel Ammann, GM's chief financial officer, told The Wall Street Journal the auto maker aims to further boost its ...
GM aims for 10 pct profit margin over next few years-WSJReuters
10% Profit Margin for GM Over the Next YearsINAUTONEWS
GM's (GM) CFO Daniel Ammann Sees 10% Profit Margin in FutureStreetInsider.com (subscription)

all 25 news articles »

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Greek uncertainty undermines euro, dollar firm – Reuters

Posted under Business on Monday, February 6th, 2012 at 4:01 am

TorFX Foreign Currency Exchange

Greek uncertainty undermines euro, dollar firm
Reuters
By Anirban Nag | LONDON (Reuters) - The euro fell on Monday on mounting investor concern that Greek coalition parties had yet to sign off on the terms of a new bailout, keeping alive the risk of a messy default that could ensnare other countries such ...
Asian Stocks Advance as US Jobs Data Boosts Economic OptimismBusinessWeek
Debt Worries Drag European Markets DownNASDAQ
UK Gilts Advance Amid Greek Concern; Pound Gains Versus EuroBloomberg
Las Vegas Sun -RTT News -Wall Street Journal (blog)
all 124 news articles »

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Gas prices up to start February – NewsNet5.com

Posted under Business on Monday, February 6th, 2012 at 3:55 am

NewsNet5.com

Gas prices up to start February
NewsNet5.com
CLEVELAND - Gas prices have been trending stable for the start of February but they're still up from last year. Average retail gasoline prices in Cleveland have risen 8.9 cents per gallon in the first few days of February.
Maine gas prices continue to riseNECN
Gas prices to spike 60 cents or more by MayUSA TODAY

all 9 news articles »

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Taiwan smartphone maker HTC sees Q1 revenue lagging – Reuters

Posted under Business on Monday, February 6th, 2012 at 3:55 am

Moneycontrol.com

Taiwan smartphone maker HTC sees Q1 revenue lagging
Reuters
By Clare Jim | TAIPEI (Reuters) - Taiwan smartphone maker HTC Corp expects to post much lower-than-expected revenue in the first quarter, underscoring analyst views that it will face another weak quarter and an uphill struggle to prove to investors it ...
HTC expects first-quarter revenue to drop over 30%MarketWatch
HTC Forecast Trails Estimates as It Awaits New Phone ModelsBusinessWeek
Android's original standard bearer -- HTC -- falls from graceFortune
Washington Post -Bloomberg
all 53 news articles »

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China bans airlines from joining EU emissions scheme – Reuters

Posted under Business on Monday, February 6th, 2012 at 3:43 am

BBC News

China bans airlines from joining EU emissions scheme
Reuters
By Chris Buckley | BEIJING (Reuters) - China on Monday barred its airlines from joining an EU scheme that could charge for carbon emissions from flights in and out of Europe, escalating a global trade row over the taxing of foreign carriers.
China Bans Its Airlines From Paying EU Emissions FeesWall Street Journal
China Bans Airlines From Joining EU Carbon Levies SystemBusinessWeek
EU says China may become its biggest market in 2012AFP
Washington Post -The Guardian -BBC News
all 350 news articles »

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All eyes on Greece – CNN

Posted under Business on Monday, February 6th, 2012 at 3:25 am

WISC Madison

All eyes on Greece
CNN
By CNNMoney staff @CNNMoneyMarkets February 6, 2012: 6:14 AM ET NEW YORK (CNNMoney) -- US stocks were set for a weak open Monday, as investors anxiously await Greek government leaders to reach an agreement on more budget cuts that are key to securing a ...
Stocks: All Eyes On GreeceWBAL Baltimore

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