Business News - The Last 24 Hours

Papandreou Says Obama Supports Greece Crisis Meaures (Update1)
BusinessWeek - 59 min 3 sec ago
Greek Prime Minister George Papandreou said President Barack Obama expressed support for measures being taken to deal with Greece’s financial crisis.

RELATED:

AP - Curbing derivatives might hurt, not help, Greece - 5 hours 6 sec ago

Reuters - Greece says G20 to review financial speculation - 10 hours 16 min ago

AP - Obama: Greece, facing bad days, has US as ally - 10 hours 19 min ago

Reuters India - Greece wants speculative curbs, U.S. has own plan - 13 hours 47 min ago

Reuters India - FACTBOX - Greece's 4.8 bln euros extra austerity measures - 15 hours 5 min ago

Reuters India - EU working on mechanism to help Greece if needed - 16 hours 54 min ago

BusinessWeek - EU, Merkel Urge Swap Regulation as Greece Takes Plea to U.S. - 17 hours 52 min ago

Reuters - Greece says finance problems a broader issue - 18 hours 48 min ago

BusinessWeek - Merkel Urges Regulation as Greece Takes Plea to U.S. (Update1) - 20 hours 48 min ago

UPI - Economic Outlook: Greece on tour - 21 hours 30 min ago

BBC - Greece asks US for its assistance - 21 hours 47 min ago

COMMENTARY:

Zero Hedge - The Meeting Deciding The Fate Of Greece Is Now In Session - 13 hours 48 min ago

BusinessInsider - Sorry, Greece, Your Crisis Was Not Caused By Speculators Or Credit Default Swaps - 14 hours 8 min ago

Economic Times - Greece wants speculative curbs to beat crisis - 14 hours 27 min ago

Wall Street Pit - Greece’s Problems Pertain to all of Europe, Says Greek FinMin - 16 hours 42 min ago

Seeking Alpha - Speculators Are Not the Reason Greece Has Problems - 17 hours 24 min ago

Seeking Alpha - Greece Cuts Off Its Nose to Spite Its Face - 21 hours 24 min ago

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Citigroup Selling TruPS After Repaying Bailout: Credit Markets
BusinessWeek - 1 hour 9 min ago
Citigroup Inc., seeking capital after repaying bailout funds to the Treasury, is selling trust preferred securities as rising investor demand drives borrowing costs to near the lowest in almost five years.

RELATED:

BusinessWeek - Apollo Said to Triple Property Assets With Citi Unit Purchase - 5 hours 4 min ago

Financial Times - Apollo to buy Citi real estate unit - 9 hours 1 min ago

BusinessWeek - Apollo Management Said to Buy Citigroup Real Estate Unit - 10 hours 17 min ago

Reuters India - Founders, Citi buy Tata Motors shares from Daimler - BSE - 21 hours 12 min ago

COMMENTARY:

DealBook - Apollo Said to Buy Citi's Real Estate Unit - 3 hours 25 min ago

Economic Times - Apollo may buy Citi Property Investors - 4 hours 30 min ago

BusinessInsider - Gasparino: The Government May Unwind Its Massive Stake In Citigroup As Early As Spring - 12 hours 55 min ago

WSJ MarketBeat - Citigroup: ‘Shares no Longer Toxic?’ and Smart Money Buying? - 13 hours 39 min ago

Wall Street Pit - U.S. Treasury Looking to Unload its 27% Citigroup Stake - 14 hours 17 min ago

Economic Times - Citigroup picks up 0.97pc of Daimler stake in Tata Motors - 20 hours 15 min ago

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Obama pushing on health care end game
AP - 2 hours 3 min ago
WASHINGTON (AP) -- President Barack Obama has chosen a suburban St. Louis high school to make his closing argument for a health care overhaul, pushing a new anti-fraud plan as he cranks up the pressure on skittish Democratic lawmakers to act fast....

RELATED:

BusinessWeek - Obama’s Health-Care Push Gets Challenge From Business Coalition - 5 hours 11 min ago

New York Times - Parliamentary Hurdle Could Thwart Latest Health Care Overhaul Strategy - 5 hours 30 min ago

Wall Street Journal - Businesses Buy Ads vs. Health Overhaul - 7 hours 21 min ago

New York Times - Economic Scene: Wishing for a Health Care Plan That Cuts Costs - 9 hours 11 min ago

AP - Broad business coalition opposing health care bill - 15 hours 23 min ago

BusinessWeek - Obama Criticizes Insurers in Bid to Sell Health Plan (Update1) - 18 hours 17 min ago

COMMENTARY:

Mike Shedlock - Pelosi: We have to pass the health care bill so that you can find out what is in it - 2 hours 39 min ago

Seeking Alpha - Krugman Smells Victory for Healthcare - 3 hours 24 min ago

BusinessInsider - Ignore The Rhetoric, Here's How Healthcare Reform Really Will Lower Costs For Workers - 11 hours 50 min ago

BusinessInsider - Are Washington DC Insiders Manipulating InTrade To Manufacture Momentum For Healthcare Reform? - 14 hours 54 min ago

BusinessInsider - Here's Why You Should Take The Intrade Healthcare Betting Very Seriously - 17 hours 19 min ago

BusinessInsider - Krugman: Bring It On Republicans, You're About To Lose On Healthcare Reform - 18 hours 24 min ago

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Senate to pass jobless aid, business tax breaks
AP - 2 hours 5 min ago
WASHINGTON (AP) -- Legislation blending help for the jobless with popular tax breaks for businesses and individuals is slated to pass the Senate Wednesday over protests from conservatives who say it adds too much to the $12.5 trillion national debt....

RELATED:

BusinessWeek - Bill to Extend Jobless Benefits Clears Senate Hurdle (Update1) - 11 hours 25 min ago

Reuters India - Jobless aid, tax breaks clear Senate hurdle - 13 hours 11 min ago

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Strong China trade data make case for firmer yuan
Reuters - 3 hours 13 min ago
BEIJING (Reuters) - Chinese exports and imports grew faster than expected in February, underlining the momentum behind the world's third-largest economy and reinforcing the case for a rise in the yuan.

RELATED:

BusinessWeek - China May Start Raising Interest Rates as Prices Gain (Correct) - 3 hours 18 min ago

BusinessWeek - China Export Recovery Adds Pressure to Pare Stimulus (Update1) - 3 hours 23 min ago

BBC - China's exports see big increase - 3 hours 24 min ago

New York Times - China February Exports Jump 45.7 Percent - 4 hours 25 min ago

New York Times - Asia Markets Change Little as China’s Exports Surge - 5 hours 5 min ago

BusinessWeek - China’s Export Recovery Adds Pressure to Pare Stimulus Measures - 5 hours 7 min ago

Reuters India - China Feb exports, imports beat forecasts - 5 hours 49 min ago

Reuters - Asian stocks near 6-week highs, cool to China data - 6 hours 13 min ago

Reuters India - Asian stocks near 6-wk highs, cool to China data - 6 hours 18 min ago

AP - China's February exports jump 45.7 percent - 6 hours 31 min ago

BusinessWeek - China May Raise Rates ‘Within Weeks’ as Prices Climb (Update1) - 6 hours 37 min ago

COMMENTARY:

Seeking Alpha - China International Trade Review: A Picture of Improvement - 24 min 18 sec ago

France24 - China exports rebound extends into February - 2 hours 18 min ago

BusinessDay - China's February exports up 45.7% - 4 hours 25 min ago

Economic Times - China exports, imports beat forecasts - 5 hours 25 min ago

France24 - China exports, trade surplus figures announced - 5 hours 38 min ago

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Toyota’s ‘Bargains’ May Boost Sales 30%, Edmunds Says (Update1)
BusinessWeek - 3 hours 18 min ago
Toyota Motor Corp., battling a two- month slide in U.S. sales amid recalls of millions of vehicles, may rebound this month after introducing an incentive campaign, Edmunds.com said.

RELATED:

Reuters India - Nikkei flat as exporters gain but Toyota falls - 6 hours 52 min ago

Reuters India - CORRECTED - Toyota, U.S. officials investigate runaway Prius - 6 hours 55 min ago

New York Times - 2 Reports of Trouble in Stopping Toyota Priuses - 7 hours 15 min ago

AP - Toyota to expand recall of Tundra pickups for rust - 7 hours 56 min ago

Reuters India - Nikkei inches higher on exporters, Toyota falls - 9 hours 4 min ago

Reuters - Toyota to fix more Tundras for rust problems - 10 hours 2 min ago

Reuters India - Toyota to fix all 2000-2003 Tundras in U.S. - 10 hours 43 min ago

Reuters India - Nikkei seen range-bound; machine data, Toyota eyed - 11 hours 20 sec ago

Reuters - Toyota to fix all 2000-2003 Tundras in U.S - 11 hours 12 min ago

Reuters - Toyota seeks to block executive testimony in suit - 13 hours 38 min ago

Reuters - Toyota, U.S. officials investigate runaway Prius - 14 hours 35 min ago

Wall Street Journal - Toyota to Recall Prius Models - 15 hours 10 min ago

Reuters India - EXCLUSIVE - Toyota to cut steel price for suppliers - 16 hours 58 min ago

Reuters India - Runaway Toyota Prius reached 90 mph - Calif police - 17 hours 6 min ago

BusinessWeek - Toyota Reviewing U.S. Report of Prius With Stuck Gas Pedal - 18 hours 47 min ago

Wall Street Journal - Toyota's Recall Costs Could Top $5 Billion - 19 hours 29 min ago

AP - Class-action lawsuits could cost Toyota $3B-plus - 22 hours 3 min ago

Reuters India - EXCLUSIVE - Toyota to cut steel price for suppliers - sources - 23 hours 45 min ago

COMMENTARY:

BusinessDay - Toyota's Hummer heads for Oz - 3 hours 54 min ago

Economic Times - Toyota, US officials investigate Prius - 6 hours 36 min ago

BusinessDay - US experts probe runaway Toyota Prius - 6 hours 40 min ago

Morningstar - Asia-Pacific Stocks Range-Bound; Toyota Slips - 7 hours 16 min ago

Economic Times - Toyota sales rise 50% from Mar '09 - 10 hours 25 min ago

DailyFinance - Toyota to Add Prius to Floor Mat Recall List - 14 hours 5 min ago

BusinessDay - Lawsuits could cost Toyota over $US3b - 14 hours 5 min ago

BusinessDay - Class-action lawsuits could cost Toyota $US3b-plus - 14 hours 43 min ago

BusinessInsider - Toyota Recalling 2004-2009 Priuses Over Gas Pedal Issues - 15 hours 6 min ago

Economic Times - Class-action lawsuits could cost Toyota $3 bn - 16 hours 48 min ago

China Daily - Toyota feels the heat in China - 17 hours 54 min ago

BloggingStocks - A Runaway Prius and More Acceleration Problems at Toyota - 19 hours 25 min ago

DailyFinance - Runaway Prius Shows Toyota Hasn't Solved Acceleration Problem - 19 hours 38 min ago

NY Post - Class-action lawsuit could cost Toyota $3 billion - 19 hours 47 min ago

Globe Investor - U.S. police help slow runaway Toyota Prius - 22 hours 27 min ago

BusinessInsider - Toyotas Gone Wild: Cops Forced To Intervene To Slow Down Runaway Prius - 23 hours 32 min ago

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AIG could learn fate of Taiwan unit deal soon
Reuters India - 3 hours 31 min ago
TAIPEI (Reuters) - American International Group could learn the fate of the stalled $2.2 billion sale of its Taiwan unit Nan Shan Life Insurance as early as Thursday, when Taiwan's parliament will review a report on the deal from the top financial regulator.

RELATED:

Reuters - AIG devises new formula for employee bonuses: report - 4 hours 28 min ago

BusinessWeek - AIG 'Money in the Door' Deals Reap $3.2 Billion for Bondholders - 4 hours 58 min ago

Wall Street Journal - AIG's Rankings Will Weigh on Pay - 11 hours 19 min ago

BusinessWeek - AIG Shares Surge on Speculation Insurer May Sell More Assets - 14 hours 54 min ago

BusinessWeek - AIG, Citigroup, Fannie Mae, Freddie Mac Shares Surge in U.S. - 15 hours 9 min ago

BusinessWeek - MetLife Eclipses Benmosche's AIG - 19 hours 50 min ago

COMMENTARY:

24/7 Wall St. - AIG, Citi… From Chatter to Technical Move (AIG, C, FNM, FRE) - 14 hours 2 min ago

WSJ MarketBeat - Citi, AIG, Fannie, Freddie: The Horsemen Ride Again! - 14 hours 35 min ago

BusinessInsider - Market Dogs Like AIG And Fannie Mae Go Nuts (AIG, FNM, FRE) - 15 hours 28 min ago

Zero Hedge - AIG Goes Suborbital - 15 hours 45 min ago

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Dubai to meet local banks, propose no haircut - MEED
Reuters India - 4 hours 25 min ago
DUBAI (Reuters) - Debt-laden Dubai World, which will meet with the two local banks on its creditor committee this week, will propose that creditors get their principal investment back, magazine MEED said.

RELATED:

Reuters India - Dubai's Emirates to hire 2,000 staff in 2010 - 20 hours 48 min ago

Wall Street Journal - Debt Deal Won't Undo Dubai Damage - 20 hours 50 min ago

Reuters India - UAE govt to support Dubai, sees resolution - finmin - 23 hours 28 min ago

COMMENTARY:

DealBook - U.A.E. Government to Support Dubai - 23 hours 27 min ago

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Yen Falls to Two-Week Low Against Kiwi on Asia Recovery Signs
BusinessWeek - 4 hours 59 min ago
The yen declined to a two-week low against New Zealand’s dollar on speculation Japan’s economic recovery will lag behind the rest of the Asia-Pacific region.

RELATED:

BusinessWeek - Buy Ringgit Versus Won, Yen on Rate Outlook, RBS Says (Update1) - 5 hours 20 min ago

BusinessWeek - Yen Weakens Against Taiwan, New Zealand Dollar; Oil Erases Loss - 5 hours 21 min ago

BusinessWeek - Buy Ringgit Versus Won, Yen on Malaysia Rate Outlook, RBS Says - 7 hours 14 min ago

Reuters India - U.S. gains draw world stock index higher, yen rises - 16 hours 20 min ago

COMMENTARY:

Seeking Alpha - High Conviction: Short the Yen - 24 min 18 sec ago

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Google, Facebook Sued Over Patent for Phone Social-Networking
BusinessWeek - 5 hours 22 min ago
Google Inc., owner of the most-used Internet search engine, and Facebook Inc. were sued by a New York company over an invention related to software that lets people join social networks on their mobile phones.

RELATED:

AP - Google opens Web store for business applications - 6 hours 26 min ago

BusinessWeek - Google, Facebook Sued Over Phone Social-Networking Patent - 10 hours 54 min ago

New York Times - Using Computing Might, Google Improves Translation Tool - 16 hours 54 min ago

BusinessWeek - Apple, Amazon, Google Wage Content Wars - 20 hours 26 min ago

Reuters India - U.S. cannot take Google row to WTO - Chinese strategist - 23 hours 27 min ago

COMMENTARY:

TechCrunch - The Yahoo Cycling Team Is Going To Love This New Google Maps Feature - 1 hour 40 min ago

France24 - Google opens virtual shop for business software - 1 hour 58 min ago

NY Post - Google, Facebook hit with suit - 3 hours 49 min ago

BusinessDay - Google's opens online store for business - 4 hours 30 min ago

Economic Times - Google opens store for biz applications - 4 hours 43 min ago

BusinessDay - Google adds bike lane with latest mapping feature - 5 hours 4 min ago

BusinessDay - Summary Box: Google expands sales of business apps - 5 hours 49 min ago

TechCrunch - Google Apps Marketplace: Instantly Connect Your App To 25 Million Users, Profit. - 7 hours 24 min ago

TechCrunch - Web-Based Productivity Suite Zoho Finds A Place In The Google Apps Marketplace - 7 hours 25 min ago

TechCrunch - Socialwok Takes A Stroll In The Google Apps Marketplace - 7 hours 26 min ago

TechCrunch - Live: Google Apps Marketplace Launches At Google Campfire One - 8 hours 20 min ago

Tech Trader Daily - Bing, Google Gain Search Share In Feb.; Yahoo Sinks Again - 10 hours 49 min ago

TechCrunch - Google’s Chief Economist: “Newspapers Have Never Made Much Money From News” - 12 hours 15 min ago

BloggingStocks - Google And Dish Network Testing Android-Based Satellite TV: TiVo Cringes - 12 hours 40 min ago

Economic Times - Google improves its translation tool - 13 hours 5 min ago

China Daily - Google dispute progress unclear - 15 hours 5 min ago

WSJ MarketBeat - Apple Vs. Google Proxy War: Developers Fear ‘Apple’s Wrath - 17 hours 26 min ago

TechCrunch - Mainsoft’s Harmony Brings Google Docs To Microsoft Outlook - 22 hours 36 min ago

DailyFinance - Google's Next Search Frontier -- TV - 23 hours 40 min ago

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Oil hovers above $81 amid mixed US inventory data
AP - 5 hours 39 min ago
SINGAPORE (AP) -- Oil prices hovered above $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand....

RELATED:

UPI - Crude oil prices top $81 - 11 hours 26 min ago

UPI - Crude oil prices settle under $81 - 19 hours 31 min ago

COMMENTARY:

Seeking Alpha - No Economic Recovery as Era of Cheap Oil Comes to an End - 3 hours 24 min ago

Economic Times - Oil down ahead of energy report - 5 hours 22 min ago

Seeking Alpha - Oil and Gas ETF Plays for Rising Energy Prices - 13 hours 24 min ago

BusinessDay - Oil prices dip as US dollar gains - 13 hours 50 min ago

France24 - Oil prices drop but stay above $80 - 18 hours 58 min ago

BusinessInsider - Gartman: Why Nigeria Should Have You Freaked Out Over Oil Prices - 19 hours 9 min ago

Seeking Alpha - Why Oil Prices Might Skyrocket - 21 hours 24 min ago

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Hedge Funds Rose 0.5% in February on Market Recovery (Update1)
BusinessWeek - 7 hours 12 min ago
Hedge funds returned 0.5 percent in February, led by North American managers, as global stock markets rose on signs of recovery in corporate earnings and signs that U.S. interest rates will remain low, Eurekahedge Pte said.

RELATED:

BusinessWeek - Hedge Funds Returned 0.5% in February on Stock Market Recovery - 9 hours 10 min ago

BusinessWeek - Dollar Is Favorite Currency of Hedge Fund Managers, Survey Says - 19 hours 6 min ago

COMMENTARY:

Seeking Alpha - Another Turn in the Barrel for Hedge Funds - 2 hours 24 min ago

Seeking Alpha - Hedge Funds Bet on Steve Jobs' Next Move - 11 hours 24 min ago

Seeking Alpha - Hedge Funds: Favor the Dollar, Shun the Pound - 11 hours 24 min ago

Dealbreaker - Limo Driver Turned Hedge Fund Manager Pleads Guilty - 12 hours 9 min ago

Seeking Alpha - JPMorgan Named Largest U.S. Hedge Fund - 12 hours 24 min ago

Seeking Alpha - Hedge Funds Up 0.87% in February - 12 hours 24 min ago

BusinessInsider - Limo Driver Turned Hedge Fund Manager Disappoints Everyone When It Turns Out It Was All A Scam - 12 hours 55 min ago

BusinessInsider - Rick Bookstaber: Hedge Funds Are Pumping The Gold Bubble And Luring Investors Off A Cliff - 14 hours 26 min ago

Seeking Alpha - Ricky Sandler's Hedge Fund Eminence Capital Boosts Bet on Financials: 13F Filing - 17 hours 24 min ago

BusinessInsider - The Dollar Is Hedge Funds' Favorite Currency Right Now - 19 hours 45 min ago

Seeking Alpha - The World's Largest Hedge Funds - 20 hours 24 min ago

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As Fed Eases Loan Aid, Policy Challenges Arise
New York Times - 7 hours 14 min ago
The Federal Reserve has ended nearly all of the lending programs it created in 2007 to combat the credit crisis, but in the coming months it must decide when and how to tighten monetary policy.

RELATED:

Wall Street Journal - Fed Debates Next Signal - 10 hours 31 min ago

BusinessWeek - Fed’s Evans Says Low Rates Needed for ‘Some Time’ (Update2) - 18 hours 21 min ago

Reuters - Fed's Evans says labor market weakness pervasive - 19 hours 54 min ago

COMMENTARY:

Economic Times - Curb likely on Fed reach under new plan - 13 hours 32 min ago

Economist's View - Monetary Policy and Unemployment: Should the Fed have Done More? - 14 hours 5 min ago

Wall Street Pit - A Fed Head’s Sobering Analysis of the Labor Market - 15 hours 28 min ago

The Big Picture - NY Fed: Preparing for a Smooth (Eventual) Exit - 19 hours 37 min ago

The Big Picture - Future Fed Oversight: 23 Banks ? - 20 hours 9 min ago

Seeking Alpha - Fed to Raise Overnight Rates by a Surprise 0.25%? - 20 hours 24 min ago

BusinessDay - Fed govt urged on transport upgrades - 20 hours 50 min ago

DealBook - N.Y. Fed to Expand Firms for Reverse Repos - 23 hours 35 min ago

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ANALYSIS - Northrop tanker exit spells good news for Boeing
Reuters India - 7 hours 24 min ago
WASHINGTON (Reuters) - Boeing Co is poised to win a sole-source U.S. contract for aerial tankers that could provide a much-needed boost for the company, but the impact is less certain on Northrop Grumman Corp, which dropped out of the race.

RELATED:

BusinessWeek - Boeing Vows to Surpass Airbus - 12 hours 27 min ago

BusinessWeek - Boeing Exec: Tanker ‘Soap Opera’ May Not Be Over - 12 hours 51 min ago

AP - Boeing says 787 testing going well - 17 hours 33 min ago

UPI - KaZaK to support Boeing UAV weapons demo - 19 hours 32 min ago

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In Ireland, a Blueprint for Euro Zone
Wall Street Journal - 7 hours 35 min ago
Debt-laden Ireland is winning applause for adopting severe measures that Greece has put off, but pay cuts and tax hikes have put public servants in some unusual binds.

COMMENTARY:

Seeking Alpha - European Monetary Fund: How the Eurozone Should Solve Its Own Problems - 17 hours 24 min ago

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Asian stock markets trade in narrow range again
AP - 8 hours 27 min ago
NEW YORK (AP) -- Asian stock markets were little moved in early trading Wednesday after investors in the U.S. seemed to pause and look back on a year of recovery from the market's 12-year lows....

RELATED:

UPI - Tech stocks lift markets - 15 hours 59 min ago

BusinessWeek - Stock Picks: Apple, Intel, Aetna, H&R Block - 17 hours 57 min ago

UPI - Tech stocks poised for a lift - 18 hours 50 min ago

BusinessWeek - U.S. Stocks Fluctuate on Anniversary of 2009 Bear-Market Low - 18 hours 58 min ago

BusinessWeek - NYSE Installs Chairs as Stock Exchange Seeks to Recoup Business - 20 hours 30 min ago

COMMENTARY:

Seeking Alpha - Tempering Stock ETF Risk With Income ETFs - 24 min 18 sec ago

Economic Times - European stocks slip at open - 1 hour 50 min ago

Naked Capitalism - Guest Post: 6 Theories On Why the Stock Market Has Rallied - 9 hours 57 min ago

China Daily - Chinese stocks close higher, led by property shares - 10 hours 38 min ago

Seeking Alpha - Global Recovery: The Year in Stocks - 11 hours 24 min ago

Seeking Alpha - Stocks, ETFs Waver as Markets Mark Anniversary - 13 hours 24 min ago

BusinessDay - Aussie stocks get positive offshore lead - 13 hours 50 min ago

BusinessDay - US stocks gain slightly - 13 hours 50 min ago

Curious Capitalist - March Madness: Stocks Are Up 68% - 14 hours 16 min ago

Wall Street Pit - Abby Cohen: Stock Prices Still Have Room to Rise Further - 14 hours 46 min ago

BusinessDay - Telcos, transport drive US stocks higher - 15 hours 15 sec ago

BusinessInsider - Why The One-Year Anniversary Of The Rally Is Bad News For Stocks - 15 hours 31 min ago

Seeking Alpha - Defense Sector Stocks Continue to Surge - 17 hours 24 min ago

BusinessInsider - How To Build The Ultimate Stock Screener - 18 hours 13 min ago

Seeking Alpha - Report From Europe: Stocks Unhappy Anniversary - 18 hours 24 min ago

Economic Times - US stocks fall in early trading - 19 hours 21 min ago

Wall Street Pit - Pre-Market Stock Upgrades/Downgrades March 9, 2010 - 19 hours 47 min ago

Seeking Alpha - COCO and MWW: A Tale of Two Stocks - 21 hours 24 min ago

Kiplinger - 7 Stocks for the Next 7 Years - 21 hours 24 min ago

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ANALYSIS - Greek CDS overtures fall on deaf ears in Washington
Reuters India - 9 hours 13 min ago
WASHINGTON (Reuters) - Greek leaders' overtures for far tougher curbs on credit default swaps fell largely on deaf ears in Washington, but they'll go back to Athens with some sage advice from local policy wonks: look in the mirror and don't blame market messengers for your debt woes.

RELATED:

Reuters India - Greek public, private sector clash over austerity - 15 hours 13 min ago

COMMENTARY:

Globe Investor - White House resists Greek pressure for crackdown on speculators - 9 hours 10 min ago

BusinessInsider - Greek PM Thinks Derivatives Trades That Expose Debt Problems Should Be Banned While Those That Hide Problems Should Be Legal - 17 hours 21 min ago

BusinessInsider - Merrill Lynch: You Should Be Buying Greek Banks (NBG) - 21 hours 42 min ago

WSJ MarketBeat - Little Sign of CDS Speculation on Greek Debt, BaFin Finds - 22 hours 56 min ago

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Most Japanese Shares Rise as Sony Gains; Shippers Sink on Fees
BusinessWeek - 9 hours 55 min ago
Most Japanese shares gained as Sony Corp. and Honda Motor Co. advanced. Shipping lines fell after a gauge of commodity-transport fees slipped.

RELATED:

BBC - Sony eyeing June launch of 3D TV - 17 hours 42 min ago

Wall Street Journal - Sony Plans TV, 3-D Push - 20 hours 18 min ago

COMMENTARY:

Seeking Alpha - PS3 To Get More Movies as Sony Signs Deal With All Six Studios for Movie Streaming - 1 hour 24 min ago

Seeking Alpha - Sony Reminds Us of the High Cost of First Generation 3D TV - 17 hours 24 min ago

TechCrunch - Sony Reminds Us Of The High-Cost Of First Generation 3D TV - 18 hours 49 min ago

BloggingStocks - Options Update: Sony Volatility Low; Shares Near 18-Month High - 21 hours 25 min ago

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Build America Bonds Pay Off on Wall Street
Wall Street Journal - 10 hours 14 min ago
Bond underwriters handling the Obama administration-backed Build America bonds have collected more than $1 billion in fees so far.

RELATED:

Reuters India - Wall St gains with transports, telecoms - 15 hours 59 min ago

New York Times - Wall Street Turns Lower in Subdued Trading - 20 hours 34 min ago

COMMENTARY:

Seeking Alpha - Wall Street Barred From European Bond Sales Due to Credit Crisis - 5 hours 24 min ago

BusinessInsider - And Now Oakland Just Voted To Repudiate Interest-Rate Swaps With Wall Street - 11 hours 42 min ago

BusinessDay - Wall Street posts best gains since Depression - 11 hours 57 min ago

Economic Times - Wall St higher on rebound anniversary - 12 hours 26 min ago

BusinessInsider - Wall Street Investment Bankers Inc. Isn't Licensed To Do Much Of Anything - 12 hours 34 min ago

DealBook - Erin Callan: the Greta Garbo of Wall Street - 16 hours 33 min ago

Economic Times - Wall St inches up on industrial shares - 16 hours 42 min ago

The Big Picture - Main Street’s view remains very different than Wall Street’s - 18 hours 51 min ago

Seeking Alpha - Wall Street Breakfast: Must-Know News - 20 hours 24 min ago

DealBook - Europe Said to Close Debt Sales to Wall St. - 20 hours 31 min ago

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Cisco leapfrogs rivals with faster router
Reuters India - 10 hours 24 min ago
NEW YORK (Reuters) - Cisco Systems Inc introduced its first major new routers in six years and said they can be configured to handle Internet traffic up to 12 times faster than rival products.

RELATED:

Reuters India - Cisco says new router 12 times faster than rivals - 15 hours 19 min ago

UPI - Cisco Systems touts mega-router - 16 hours 16 min ago

Wall Street Journal - Cisco Unveils Faster Web Router - 17 hours 15 min ago

Reuters - Cisco introduces faster router - 17 hours 44 min ago

BusinessWeek - Cisco Introduces Faster Router to Lure Carriers (Update1) - 17 hours 50 min ago

COMMENTARY:

Seeking Alpha - Cisco Financial Gauge Analysis for January 2010 Quarter - 1 hour 24 min ago

Seeking Alpha - Inside Cisco's Latest Router Announcement - 11 hours 24 min ago

Economic Times - Cisco unveils super-fast net hardware - 12 hours 24 min ago

BusinessDay - Summary Box: New Cisco heavy-duty Internet router - 12 hours 34 min ago

BusinessDay - Cisco to introduce new Internet router - 12 hours 45 min ago

Seeking Alpha - The Cisco Hype Machine - 13 hours 24 min ago

France24 - TECHNOLOGY: Cisco systems unveils super-fast Internet router - 14 hours 31 min ago

MarketWatch - MarketWatch First Take: Cisco hype seems to work with investors - 15 hours 45 min ago

Seeking Alpha - Cisco Unveils New Router to Handle Next Generation Internet Demands - 16 hours 24 min ago

Globe Investor - Cisco unveils high-speed Internet router - 17 hours 18 min ago

DailyFinance - Cisco Unveils Its New Superfast Network Router - 17 hours 20 min ago

BusinessDay - Cisco to introduce new heavy-duty Internet router - 17 hours 34 min ago

24/7 Wall St. - Cisco’s Non-Event Event: Does Anyone Want A Faster Internet? - 17 hours 42 min ago

Tech Trader Daily - Cisco Unveils CRS-3 Router; Focused On Video Transmission - 18 hours 4 min ago

BloggingStocks - Cisco Will Unveil New Tools for High-Speed Networks - 20 hours 25 min ago

Seeking Alpha - Cramer's Lightning Round - Cisco Is the One (3/8/10) - 21 hours 24 min ago

DailyFinance - Stocks in the News: Cisco, Merck, Texas Instruments - 22 hours 11 min ago

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Sanofi joins Merck in animal health venture
Financial Times - 10 hours 50 min ago
The pharmaceutical group has agreed a deal to establish a joint venture with Merck which will be the world's largest animal health business

RELATED:

New York Times - Merck and Sanofi Combine Animal Health Units - 18 hours 38 min ago

Financial Times - Sanofi and Merck to combine animal divisions - 22 hours 26 min ago

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Grain futures mostly lower Tuesday
UPI - 11 hours 38 min ago
CHICAGO, March 9 (UPI) -- Corn prices closed mostly lower Tuesday on the Chicago Board of Trade, as the dollar index was up 0.19 percent.

RELATED:

AP - Stock futures fall on 1-year anniversary of low - 22 hours 21 min ago

Reuters - Stock futures signal dip; Texas Instruments eyed - 23 hours 14 min ago

COMMENTARY:

BloggingStocks - Continental Rises As Crude Futures Drop - 15 hours 45 min ago

BloggingStocks - Before the Bell: Futures Lower on the Anniversary of Markets Low - 20 hours 55 min ago

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Tanker contract slips away from EADS
UPI - 11 hours 56 min ago
OTTOBRUNN, Germany, March 9 (UPI) -- European Aeronautic Defense and Space Co. executives said the company will not pursue a contract for U.S. Air Force refueling tanker planes.

RELATED:

Financial Times - EADS and Northrop pull out of US bid - 14 hours 55 min ago

BusinessWeek - Daimler’s Tata Motors Windfall Absorbs Losses From EADS Stake - 19 hours 41 min ago

BusinessWeek - EADS Says Tanker-Bid Retreat Is Final, Won’t Seek New Partner - 20 hours 44 min ago

BBC - Northrop and EADS exit tanker bid - 22 hours 50 min ago

BusinessWeek - European Stocks Decline for Second Day; EADS, Antofagasta Slip - 23 hours 52 min ago

COMMENTARY:

France24 - AEROSPACE: Cost over-runs push EADS into the red - 21 hours 4 min ago

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Chevron to lay off 2,000 in 2010
UPI - 14 hours 30 min ago
NEW YORK, March 9 (UPI) -- U.S. energy giant Chevron Corp. said it would close out 2,000 jobs in 2010 as part of a restructuring plan it had already announced.

RELATED:

New York Times - Chevron Plans to Cut 2,000 Jobs - 15 hours 39 min ago

BBC - Chevron looks for refinery buyer - 19 hours 32 min ago

Wall Street Journal - Chevron Lays Out Cut, Sales - 19 hours 40 min ago

BusinessWeek - Chevron to Sell U.K. Refinery, Cut 2,000 Jobs Through 2011 - 20 hours 36 min ago

COMMENTARY:

DailyFinance - Chevron Cuts 2,000 Jobs - 16 hours 48 min ago

24/7 Wall St. - National Employee Morale Day At Chevron (CVX) - 18 hours 26 min ago

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Bogus site targets Madoff victims, US agency says
Reuters India - 14 hours 58 min ago
NEW YORK (Reuters) - First, investors were stung by Bernard Madoff's hugely bogus returns, now a U.S. agency says another financial predator claims to have found a hidden pot of Madoff money in Malaysia to help pay back customers.

RELATED:

Wall Street Journal - Fake Site Targets Madoff Victims - 17 hours 29 min ago

New York Times - Madoff Victims Warned of Fake Web Site - 17 hours 51 min ago

COMMENTARY:

NY Post - Internet hustlers go after Madoff victims - 4 hours 1 min ago

BusinessDay - Agency warns of Web scam targeting Madoff victims - 16 hours 4 min ago

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Chevron to seek UK refinery sale, cut 2,000 jobs
Reuters India - 15 hours 17 min ago
NEW YORK (Reuters) - Chevron Corp, the second-largest U.S. oil company, put several of its downstream operations up for sale, including its Pembroke refinery in the UK, and said it would eliminate 2,000 jobs this year.

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AP - Chevron to shed 2,000 jobs this year - 18 hours 54 min ago

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BusinessDay - Chevron to shed 2,000 jobs - 13 hours 45 min ago

BusinessDay - Chevron to shed 2000 jobs, sell assets - 13 hours 48 min ago

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Kroger: Rising Costs Hurt Profit
Wall Street Journal - 15 hours 19 min ago
Second-largest U.S. grocery chain said fourth-quarter earnings fell 27% on higher costs as it offered a cautious outlook for the year.

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Seeking Alpha - The Kroger Co. Q4 2009 Earnings Call Transcript - 12 hours 24 min ago

Seeking Alpha - Kroger Beats Estimates, But Still Below Last Year - 13 hours 24 min ago

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New York’s DiNapoli Seeks New Budget Rules for Chronic Deficits
BusinessWeek - 18 hours 14 min ago
New York Comptroller Thomas DiNapoli proposed changes to the state’s budget process that he said would help keep revenue and spending in balance.

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Seeking Alpha - Trade Deficit Threatens a Second Recession - 19 hours 24 min ago

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