Business and Finance News
 U.S. stocks snap back with major rally
Pakistan News.Net
All the major indices were sharply higher on Wednesday with positive economic news from global economic heavyweights China and the United States. Junk bonds market set for record year
Guardian
The junk bond market is likely to beat all records this year, as tight bank lending conditions pushes thousands of companies around the world towards alternative sources of finance.Issuance of such "h... Not even M&A activity can lift gloomy markets
Guardian
European shares failed to keep the optimism that fuelled Wednesday's rally, and stayed subdued ahead of more economic data from the US.The FTSE 100 Index barely added 4 points to 5,371, while Germany'... Irish Exchequer deficit at end-August 2010 was €12.1bn
Finfacts Business News
The Irish Exchequer deficit at end-August 2010 was €12.1bn, according to the Department of Finance this afternoon. The Department said this compares to an Exchequer deficit of €18.7bn in the per... Com Dev stock up after executive shuffle; expected weak earnings report
Canadian Business
' ],[ // report reasons 'Offensive', 'Spam', 'Off topic' ],[ // report reasons front end 'Offensive (rude, obscene, NSFW)', 'Spam (ads, self-promotion)', 'Off topic (trolling)' ],[ // report ... Bair Says Dodd-Frank May Prevent Financial Crisis
Business Week
Sept. 2 (Bloomberg) -- U.S. regulators can prevent a repeat of the financial crisis that toppled Lehman Brothers Holdings Inc. if they fully apply new authority granted by lawmakers, Federal Deposit I... Oil prices waiver on mixed economic news
The Seattle Times
Oil prices headed higher Thursday after an initial retreat as reports on jobs, manufacturing and home sales gave mixed signs about the economy. Benchmark oil for October delivery rose 30 cents to $74... US stocks gains on housing, jobless data
Times of India
NEW YORK: U.S. stocks rose on Thursday, building on their best day in eight weeks in the previous session, as data showed pending home sales improved and initial jobless claims declined. The Quit whining, Wall Street. Nothing has changed.
Fortune
kind .Why, for God's sake, have so many otherwise "intelligent" Wall Streeters decided to find common cause with the know-nothings who insist that Obama is a Muslim communist, intent on dest... Oil Rises Further As Rig Catches Fire
Fox Business
SAN FRANCISCO -- Crude-oil futures furthered their advance as a rig caught on fire in the Gulf of Mexico bound to attract more negative views on deepwater oil production. Crude for October delivery ro... Petrobras Local Shares Rise After Share-swap Deal
Fox Business
LOS ANGELES -- Preferred shares of Brazil's Petrobras traded in Sao Paulo Thursday afternoon outperformed the broader market after the oil giant late Wedneday reached an agreement to pay the Brazilian... Hovnanian Won't Invest $40 Million In 'Newco' Plan
Fox Business
HOV ) said Thursday it won't invest $40 million in "Newco," a move that could have helped the builder boost its land supply. Under a plan first discussed in March, the company would have acquired and ... Retailers Show Surprising Strength In August Sales
Fox Business
(Adds new information throughout on retailers that are gaining market share.) NEW YORK -(Dow Jones)- Retailers delivered a late-summer surprise, with sales for the key back-to-school buying month of A... Mariner Energy Facility on Fire in Gulf
Fox Business
HOUSTON – An oil and gas facility owned by Mariner Energy Inc off the coast of Louisiana was on fire Thursday, and the U.S. Coast Guard said it was working to rescue 13 workers. "Thirteen out o... Moody's Upgrades Tyson Foods To 'Ba2 '
Fox Business
SAN FRANCISCO -- Moody's Investors Service on Thursday upgraded Tyson Foods Inc.'s corporate family and probability of default ratings to Ba2 from Ba3 due to the significant improvement in the company... Swiss GDP Grew 0.9% In Second Quarter
Fox Business
FRANKFURT -- Swiss gross domestic product grew by 0.9% in the second quarter, boosted by strong domestic demand, particularly investment activity, the government's economics office said Thursday. Comp... Apache's Stock Feels Heat from Mariner Explosion
Fox Business
ME ), which Apache agreed to acquire in April for $2.7 billion. The deal to take over Houston-based Mariner had been expected to close some time during the third quarter. A spokesperson at Apache sa... 3Par Shares Fall Below H-P Bid After Dell Withdraws
Fox Business
DELL ) rose 1.40% to $12.30 after the company said it would drop out of the bidding. The ceasefire between the tech titans ends quite a run for 3Par, whose shares traded for less than $10 before Dell'... H-P Boosts 3Par Offer To $2.1 Billion, Dell Bows Out
Fox Business
DELL ) to withdraw from the nearly two-week bidding war. 3Par, an emerging player in the growing business of cloud computing, accepted H-P's offer of $33 a share. 3Par called the proposal "superior" t... Lehman Says Two Units Need Help to Avoid Failing
Fox Business
Two struggling units of Lehman Brothers Holdings, the bankrupt U.S. investment bank, need hundreds of millions of dollars in capital to stave off failure that could cost Lehman billions, court documen... Oil Rig In Gulf Of Mexico Explodes: Reports
Fox Business
SAN FRANCISCO -- An offshore oil rig in the Gulf of Mexico has exploded with at least one person reported missing so far, according to media reports Thursday. The rig is located 80 miles south of the ...
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