Stocks Pull Off a Gain; Dow Ends Above 10000CNBC - - 2 hours ago Stocks had been lower for much of the day after dismal housing and durable goods data stressed the prospect of an economic slowdown. US Stocks Reverse Earlier Drop; Now Slightly Higher Wall Street Journal Nikkei claws up from 16-mth lows; economy worry weighsReuters - - 1 hour ago TOKYO, Aug 26 (Reuters) - Japan's Nikkei average clawed away from 16-month lows on Thursday, buoyed by short-covering after falling more than 500 points over the last week, with buying of futures by long-term domestic investors also ... As economy slows and Fed voices conflict, markets look to Bernanke for guidanceWashington Post - - 46 minutes ago With the housing market retreating, unemployment lingering and top officials at the Federal Reserve in open disagreement over what to do, Fed Chairman Ben S. Bernanke is under rising pressure to offer solutions in an address Friday that ... Fed to Outline Future Actions Friday New York Times Fed Split on Move to Bolster Sluggish Economy Wall Street Journal Central Bank Sells 3-Year Bills at Unchanged Yield of 2.65%, Traders SayBloomberg - 1 hour ago By Bloomberg News - Thu Aug 26 02:07:00 GMT 2010 The People's Bank of China sold three-year bills at a yield of 2.65 percent, unchanged for a third straight sale, according to traders at BOC International (China) Ltd. AgBank reportedly halts property-sector lending MarketWatch Wal-Mart wants women's pay class-action suit thrown outUSA Today - - 2 hours ago By Jayne O'Donnell, USA TODAY Wal-Mart (WMT) asked the Supreme Court Wednesday to throw out a class-action lawsuit against it that the retailer says is the largest employment suit ever. Wal-Mart Asks Supreme Court to Hear Bias Suit New York Times Wal-Mart Asks US Supreme Court To Review Dukes Ruling Wall Street Journal Ex-Disney chief Michael Eisner reportedly in talks with Tribune Co.Los Angeles Times - - 4 hours ago Tribune creditors are considering Eisner as a possible candidate to replace Chairman Sam Zell at the media conglomerate after it emerges from bankruptcy, sources say. Ex-Disney CEO Michael Eisner in talks to head Tribune Co. -Report Wall Street Journal SEC gives shareholders more power to nominate board directorsWashington Post - - 2 hours ago For years, the nation's largest companies - from FedEx and Macy's to AT&T and IBM - have opposed proposed federal rules that would make it easier for shareholders to oust directors on corporate boards. Video: News Update: SEC Makes Ousting Board Members Easier
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Business vows to fight US proxy rule Financial Times Toll Brothers, a Home Builder, Posts a ProfitNew York Times - 1 hour ago By REUTERS The luxury home builder Toll Brothers beat Wall Street expectations and reported its first quarterly profit in three years on Wednesday, helped by tax gains and lower write-downs on land values. Hong Kong Stocks Fluctuate as Trinity Surges, China Life SlidesBusinessWeek - - 30 minutes ago Aug. 26 (Bloomberg) -- Hong Kong stocks fluctuated as China Life Insurance Co. slid after reporting a 7.4 percent increase in first-half profit, and Trinity Ltd. Hong Kong shares lower as China Life slides MarketWatch TiVo beats expectations on DVR salesReuters - - 2 hours ago NEW YORK (Reuters) - TiVo Inc (TIVO.O), the digital video recorder maker, reported a narrower loss than expected on Wednesday thanks to a pick-up in sales for its new Premiere recorder, but forecast a wider-than-expected net loss in ... TiVo Loss Widens; Customers Defect Wall Street Journal On Doomed Rig's Last Day, a Divisive Change of PlanWall Street Journal - - 3 hours ago AP The Deepwater Horizon oil platform on April 22, before it sank into the Gulf of Mexico. On April 20 at 10:43 am, a young BP PLC engineer sent a 173-word email to colleagues aboard the Deepwater Horizon drilling rig. Missing Piece in Oil Rig Inquiry: Who Was in Charge? New York Times Transocean accused over maintenance Financial Times New-home sales hit a 40-year lowWashington Post - - 1 hour ago Sales of new homes dropped to their lowest level since the government started tracking the numbers more than four decades ago, offering an ominous sign for the direction of the already fragile housing market. New home sales fall to record low Los Angeles Times Feud With Clarin Deepens Bond Rout as JPMorgan Says Sell: Argentina CreditBloomberg - - 31 minutes ago Argentine President Cristina Fernandez de Kirchner's growing confrontation with the country's largest newspaper is exacerbating the biggest tumble in its dollar bonds in two months and ... Argentina Stocks Track Wall Street Rebound; Bonds Mixed Wall Street Journal In Argentina, crackdown on paper mill heats up feud with media MiamiHerald.com Empire State Building's rival skyscraper approved by City CouncilNew York Daily News - - 2 hours ago The Empire State Building - the King Kong of the midtown skyline - will grudgingly glisten alongside a sleek new skyscraper approved yesterday by the City Council. New Tower Clears Council Wall Street Journal Carlyle-owned toy supplier seeks Chapter 11 protectionWashington Post - - 4 hours ago The Carlyle Group suffered a rare setback Wednesday when one of its portfolio companies, toy supplier Oriental Trading Co., filed for bankruptcy protection, citing heavy debt and higher shipping costs. BHP Billiton's Kloppers Eying Acquisitions Beyond $40 Billion Potash BidBloomberg - - 34 minutes ago “We do feel that we've got flexibility in our balance sheet,” Kloppers said on a full-year profit conference call. “Beyond the acquisition of Potash, our aspirations to continue to grow the deployment of ... BHP Billiton's net profit more than doubled in the last fiscal year. Wall Street Journal Treasuries Resume Advance on Speculation US Economic Growth Will FalterBloomberg - - 9 minutes ago Treasuries resumed their advance, after snapping a two-day gain yesterday, as lingering concerns the US economic recovery will lose momentum revived demand for the relative safety of ... Treasurys Fall, But 5-Year Notes Auctioned At Record Low Yield Wall Street Journal Rue21's 2Q net income rises 20 percentBusinessWeek - 5 hours ago Clothing retailer rue21 Inc. said Wednesday its second-quarter net income rose 20 percent, just exceeding Wall Street's expectations. Rue21 2Q Profit Up 20%; Shares Fall As Revenue Misses Estimate Wall Street Journal Rue21 2Q Earnings Beat Estimates FOXBusiness Pemex Raises $1B In 2035 Bond Reopening To Yield 5.975%Wall Street Journal - 5 hours ago NEW YORK (Dow Jones)--Mexican state oil monopoly Petroleos Mexicanos, or Pemex, raised $1 billion in a reopening of its bonds maturing in 2035, offering buyers a yield of 5.975%, according to a person close to the transaction. Pemex $1 Bln,2035 Reopen Prices at 5.975%,bid/cover 2.5-Source IMarketnews.com Northrop Grumman announces more layoffsMarketWatch - - 11 hours ago NEW YORK (MarketWatch) -- Northrop Grumman Corp. announced additional layoffs Wednesday as the military contractor prepares to wind down its shipbuilding business because of reduced US Navy demand. Northrop Grumman to cut 642 at Miss. shipyard The Associated Press |
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