Friday, October 1, 2010

Yahoo! News: Health News

Yahoo! News: Health News


Wall St little changed as tech shares lag (Reuters)

Posted: 01 Oct 2010 08:23 AM PDT

Traders work on the floor of the New York Stock Exchange September 22, 2010. REUTERS/Brendan McDermidReuters - Stocks were little changed on Friday as data showing a slowdown in manufacturing last month helped take earlier gains out of the market and the S&P 500 hit a key resistance level.


Data points to more Fed easing (Reuters)

Posted: 01 Oct 2010 08:38 AM PDT

A woman shops for clothes at a department store in New York May 18, 2010. REUTERS/Shannon StapletonReuters - Manufacturing growth slowed last month and inflation remained subdued in August, data showed Friday, leaving the door open for the Federal Reserve to launch a fresh round of monetary policy easing.


Corrected: Manufacturing growth slows in September: ISM (Reuters)

Posted: 01 Oct 2010 08:44 AM PDT

Reuters - (Corrects 4th paragraph to show employment growth slipped, not employment)

Fed's Evans: More policy accommodation "desirable" (Reuters)

Posted: 01 Oct 2010 08:34 AM PDT

Reuters - The Federal Reserve should take further action to stimulate the economy, or risk letting it fall into a vicious cycle of joblessness and deflationary pressures, top Fed official said on Friday.

Big banks face even stricter capital rules: sources (Reuters)

Posted: 01 Oct 2010 08:50 AM PDT

Reuters - Banks considered too big to fail could soon be held to even stricter capital requirements than those in the global Basel III package, sources told Reuters on Friday.

Stocks sizzled in third quarter, but will it last? (AP)

Posted: 30 Sep 2010 01:46 PM PDT

Traders gather at a post on the floor of the New York Stock Exchange Thursday, Sept. 30, 2010. Despite the economic doldrums, the stock market put together an 11 percent upswing over the past three months. The increase came largely from a September gain that was the biggest since 1939 and made for the second-best month, period, in a decade. (AP Photo/Richard Drew)AP - When you open your quarterly financial statements in the next few weeks, you might be both pleased and puzzled.


Midwest economic survey shows some improvement (AP)

Posted: 01 Oct 2010 06:23 AM PDT

AP - A September survey of supply managers in nine Midwest and Plains states suggests improving economic conditions, according to a report released Friday.

DemandTec fiscal 2Q loss narrows (AP)

Posted: 30 Sep 2010 02:27 PM PDT

AP - DemandTec Inc., a provider of software services for retailers and consumer products companies, said Thursday that its fiscal second-quarter loss narrowed slightly as operating expenses shrank.

EU opens IMF door to emerging giants (AFP)

Posted: 01 Oct 2010 07:24 AM PDT

Belgian Finance Minister Didier Reynders gives a press on September 7, 2010 after an Economic and Financial Affairs Council meeting at EU headquarters in Brussels. European Union finance ministers endorsed on September 7 a compromise deal to create pan-European supervisors to oversee banks, insurers and markets as a way of preventing a new financial crisis. AFP PHOTO / JOHN THYS(AFP/File/John Thys)AFP - Europe opened the door Friday to giving up some power at the International Monetary Fund to emerging economies, in a key gesture ahead of a summit with Asian giants and a crunch IMF meeting.


Not All Dividend Stocks Are Created Equal (The Motley Fool)

Posted: 01 Oct 2010 08:08 AM PDT

The Motley Fool - Nowadays, everyone wants stocks that pay dividends -- especially dividends that have grown throughout a company's history. But before you pick a stock simply because of its dividend history, take a closer look; not every such stock makes a good investment.

Faulty Foreclosures May Prolong the Slump (BusinessWeek)

Posted: 01 Oct 2010 05:08 AM PDT

BusinessWeek - Howard Cohen hasn't paid the loan on his Tukwila (Wash.) home in a year, and when he heard in mid-September that Ally Financial's GMAC Mortgage unit was suspending foreclosure evictions in 23 states, it gave him hope. "Maybe I'll stay in my house, too," says Cohen, a 57-year-old commercial-loan broker whose business fell off after the financial crisis. Cohen was encouraged even though his mortgage servicer, Bank of America , hasn't reported any irregularities.

Irish economy slips further ahead of harsh cuts (Reuters)

Posted: 01 Oct 2010 06:03 AM PDT

Reuters - Ireland's brief economic upturn showed further signs of petering out on Friday, with weak manufacturing and retail sales data giving Prime Minister Brian Cowen little comfort ahead of a savage round of budget cuts.

Time for a Debt Haircut (BusinessWeek)

Posted: 01 Oct 2010 05:08 AM PDT

BusinessWeek - There is no end in sight to Ireland's debt crisis, but here's one thing we know: The Irish will not get kicked out of their own country. No matter how many multiples of the nation's gross domestic product are owed to German and U.K. banks, sovereign foreclosure is not an option.

Chevron gets permission to drill off UK coast (AP)

Posted: 01 Oct 2010 07:41 AM PDT

AP - Britain has granted Chevron Corp. permission to begin the first new deepwater drilling in the North Sea since the Gulf of Mexico oil spill, brushing aside calls for a U.S.-style moratorium on off-shore drilling.

Japan hikes taxes on cigarettes to curb smoking (AP)

Posted: 01 Oct 2010 01:11 AM PDT

AP - Japan imposed a record 40 percent tax hike on cigarettes in a bid to curb the nation's smoking rate — the highest among major industrialized nations.

GM posts sluggish Sept. sales, sign of slow autumn (AP)

Posted: 01 Oct 2010 08:49 AM PDT

AP - General Motors' sales cars and trucks sputtered in September, a sign that Americans are skittish about taking on debt for big-ticket items.

Stock Picks: Allstate, Time Warner Cable, Tractor Supply (BusinessWeek)

Posted: 01 Oct 2010 05:08 AM PDT

BusinessWeek - Allstate: Soleil Securities equity analyst Harry Fong maintained a buy rating and $38 price target on shares of Allstate , the largest publicly traded U.S. home and auto insurer, on Sept. 30.

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