Monday, October 4, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Nasdaq drops 1 percent, weighed by Microsoft (Reuters)

Posted: 04 Oct 2010 08:40 AM PDT

Traders work on the floor of the New York Stock Exchange September 22, 2010. REUTERS/Brendan McDermidReuters - The Nasdaq (.IXIC) fell 1 percent on Monday, weighed by Microsoft after shares of the software maker were downgraded to "neutral.

Housing shows stability but factory orders fall (Reuters)

Posted: 04 Oct 2010 08:19 AM PDT

A home is offered for sale by the developer in the Countryside Meadows subdivision on August 2010 in Hawthorn Woods, Illinois. Pending US home sales rose in August for the second consecutive month, a key index showed Monday, raising hopes of a turnaround in the beleaguered sector.(AFP/Getty Images/File/Scott Olson)Reuters - Pending sales of previously owned homes rose to a four-month high in August, implying the housing market was regaining some stability after recent steep declines following the end of a home-buyer tax credit.

Sanofi launches hostile $18.5 billion bid for Genzyme (Reuters)

Posted: 04 Oct 2010 08:44 AM PDT

A sign marks the headquarters of Genzyme in Cambridge, Massachusetts August 3, 2010. REUTERS/Brian SnyderReuters - PARIS (Reuters) -Sanofi-Aventis launched a hostile bid for Genzyme at $69 per share on Monday, taking its $18.5 billion offer direct to shareholders after the U.S. biotech's management refused to negotiate.

Sara Lee shares up on report of KKR offer (Reuters)

Posted: 04 Oct 2010 06:57 AM PDT

Reuters - Sara Lee Corp shares jumped on Monday after The New York Post reported that the foodmaker received an unsolicited offer from private equity firm KKR Co and aroused the interest of Anglo-Dutch conglomerate Unilever .

BHP takeover of Potash to cost Saskatchewan C$2 billion (Reuters)

Posted: 04 Oct 2010 08:39 AM PDT

Reuters - An independent report for the Saskatchewan government says a takeover of fertilizer producer Potash Corp by BHP Billiton would cost the Canadian province at least C$2 billion ($1.96 billion) over 10 years while having little or no net effect on employment in the industry.

Yahoo gives details on EVP exit in SEC filing (AP)

Posted: 01 Oct 2010 04:09 PM PDT

AP - Yahoo Inc. gave more details surrounding the upcoming departure of Hilary Schneider, an executive vice president who oversees Yahoo's advertising in the U.S., in a regulatory filing Friday.

Economy tops Obama's agenda on Monday (AP)

Posted: 04 Oct 2010 02:49 AM PDT

AP - Home from a weekend at the Camp David mountain retreat, President Barack Obama will sit down with his Economic Recovery Advisory Board.

China's Wen urges stability of major currencies (AFP)

Posted: 04 Oct 2010 08:21 AM PDT

Chinese Prime Minister Wen Jiabao, seen here at the Royal Palace in Brussels prior to the Asia-Europe Meeting (ASEM). Wen has called for stability in the exchange rates of major currencies even as Beijing comes under intense US and EU pressure to let the yuan appreciate.(AFP/Lionel Bonaventure)AFP - Chinese Premier Wen Jiabao called on Monday for stability in the exchange rates of major currencies even as Beijing comes under intense US and EU pressure to let the yuan appreciate.

3 Year-End To-Dos You Should Do Right Now (The Motley Fool)

Posted: 04 Oct 2010 07:01 AM PDT

The Motley Fool - You might think that the beginning of October is a bit early to start worrying about taking care of year-end business. But with these three must-dos, getting an early start doesn't just let you cross a chore off your list -- it can actually put some extra money in your pocket.

Greece aims to beat deficit target with new budget (AP)

Posted: 04 Oct 2010 08:19 AM PDT

Greece's Finance Minister George Papaconstantinou makes a statement to the media after the government presented its draft budget for 2011, in Athens, on Monday, Oct 4, 2010. The Greek government proposed more austerity in the draft budget for 2011 that it submitted Monday as it tries to trim the deficit further to meet the conditions of an international bailout. (AP Photo/Petros Giannakouris)AP - Crisis-hit Greece on Monday vowed to slash next year's budget deficit beyond demands made by the European Union and International Monetary Fund, but braced for a surge in unemployment and another year of recession.

Strong Swiss franc crushes E. Europe homebuyers (AP)

Posted: 04 Oct 2010 07:27 AM PDT

In this Wednesday, Sept. 22, 2010 Hungarian home owner Ildiko Papp sits in front of a folder full of documents and correspondence on her Swiss franc mortgage in her living room in Budapest, Hungary. Hungarian households' foreign currency loans totaled 7.3 trillion forints ($35 billion, Euro 26.2 billion) at the end of June, according to the National Bank of Hungary. Nearly 80 percent of that was in Swiss francs, with some loans in euros. Of the 1.8 million people who took out such loans, 400,000 are behind on their payments, including 100,000 who are behind by three months or more. (AP Photo/Bela Szandelszky)AP - Ildiko Papp can calmly discuss the collapse of her family company and break-ins at her home and business. Mention the Swiss franc, however, and she struggles to keep from crying.

Court turns down church appeal in genocide lawsuit (AP)

Posted: 04 Oct 2010 08:45 AM PDT

AP - The Supreme Court has rejected an appeal that sought to hold a Canadian energy company accountable in U.S. courts for allegedly aiding genocide in its pursuit of oil in Sudan.

Stock Picks: Humana, Monsanto, Prudential Financial (BusinessWeek)

Posted: 04 Oct 2010 05:08 AM PDT

BusinessWeek - Humana Inc.: Standard & Poor's equity analyst Phillip Seligman reiterated a buy rating on shares of health insurer Humana Inc. on Oct. 1.
Posted by Harshad at 9:06 AM

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