Monday, August 30, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street edges lower on investor wariness (Reuters)

Posted: 30 Aug 2010 07:20 AM PDT

Traders work on the floor of the New York Stock Exchange, August 19, 2010. REUTERS/Brendan McDermidReuters - Stocks dipped on Monday as gains in consumer spending and income and a flurry of mergers-and-acquisition activity failed to prompt investor confidence in the flagging economic recovery.

Genzyme breaks silence to rebuff Sanofi (Reuters)

Posted: 30 Aug 2010 05:52 AM PDT

Reuters - U.S. biotech Genzyme broke its five-week silence to reject an $18.5 billion takeover proposal by French drugmaker Sanofi-Aventis on Monday, dismissing it as opportunistic and too low.

Consumer spending posts gain in July (Reuters)

Posted: 30 Aug 2010 06:24 AM PDT

Reuters - Consumer spending rose at the strongest pace in four months in July, supported by a small gain in incomes that offered hope consumers will be able to keep contributing to a modest recovery.

BlackBerry to offer India access: govt source (Reuters)

Posted: 30 Aug 2010 08:16 AM PDT

Reuters - BlackBerry maker Research in Motion will give the Indian government access to encrypted data from September 1, while the Indian home ministry wants BlackBerry, Google and Skype to set up servers in India, a government source familiar with the matter said Monday.

HP approves extra $10 billion in stock buyback (Reuters)

Posted: 30 Aug 2010 08:41 AM PDT

Reuters - Hewlett-Packard Co said on Monday its board approved the buyback of an additional $10 billion in shares, even as it finds itself involved in an escalating bidding war over high-end data storage company 3PAR Inc .

How the major stock indexes fared Friday (AP)

Posted: 27 Aug 2010 01:51 PM PDT

AP - Stocks posted big gains Friday after Federal Reserve Chairman Ben Bernanke said the central bank was ready to step in if the U.S. economy showed further signs of weakening. Traders were also encouraged by a downward revision in second-quarter economic growth that wasn't as bad as economists had expected. The Dow Jones industrial average and other indexes all gained more than 1 percent.

Jobs data to show severity of malaise (Reuters)

Posted: 29 Aug 2010 12:01 PM PDT

Reuters - The patient clearly looks ill, but is there at least a steady pulse?

Earnings Preview: Brown-Forman (AP)

Posted: 30 Aug 2010 08:43 AM PDT

AP - Liquor company Brown-Forman Corp., whose brands include Jack Daniel's Tennessee Whiskey and Southern Comfort, reports its first-quarter results before the stock market opens Wednesday.

Eurozone economic confidence climbs again: data (AFP)

Posted: 30 Aug 2010 02:44 AM PDT

A giant Euro sign can be seen outside the headquarters of the European Central Bank (ECB) in Frankfurt. Business and consumer confidence in the 16-nation eurozone rose again in August but at a slower pace than the previous month amid optimism about the economy.(AFP/File/Daniel Roland)AFP - Business and consumer confidence in the 16-nation eurozone rose again in August but at a slower pace than the previous month amid optimism about the economy, the European Union said Monday.

Hungary PM says IMF is lender, not econ policy guide (Reuters)

Posted: 30 Aug 2010 06:47 AM PDT

Reuters - Hungary's Prime Minister Viktor Orban said on Monday that it was in the country's interest to sign loan agreements with the IMF if necessary but it was not in the country's interest to have economic policy agreements with the Fund.

No decision on reviving homebuyer credit: Donovan (Reuters)

Posted: 29 Aug 2010 07:38 AM PDT

A pair of housing units are shown for sale in San Francisco, California, August 24, 2010. REUTERS/Robert GalbraithReuters - The Obama administration has not decided whether it should resurrect a popular tax credit for first-time homebuyers, Housing and Urban Development Secretary Shaun Donovan said on Sunday.

Gasoline prices fall ahead of Labor Day weekend (AP)

Posted: 30 Aug 2010 08:43 AM PDT

A map of northern Europe showing the route of the planned South Stream and Nabucco gas pipelines. Iraq on Sunday slammed as AP - There is good news at the gas pump, as Americans get ready to fill their cars, RVs and boats for the Labor Day weekend.

Smoking Rates Linked to Education and Cigarette Taxes (LiveScience.com)

Posted: 30 Aug 2010 08:06 AM PDT

LiveScience.com - States with a highly educated populace and higher taxes on cigarettes have fewer smokers, according to a new Gallup study of poll data.

Late payments on auto loans fall in 2nd quarter (AP)

Posted: 30 Aug 2010 04:09 AM PDT

AP - In another sign that borrowers have taken tighter control of their debt, late payments on auto loans dropped in the second quarter.

REITs Attract Yield-Hungry Investors (BusinessWeek)

Posted: 30 Aug 2010 05:08 AM PDT

BusinessWeek - The U.S. commercial real estate market has so far averted the catastrophe that many strategists were predicting last year. Even after sales of existing homes plummeted 27 percent to record lows in July, threatening further home-price declines, analysts see commercial real estate values stabilizing. ...
Posted by Harshad at 9:05 AM

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