Thursday, November 25, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Stocks inch up as U.S. holiday thins trade (Reuters)

Posted: 25 Nov 2010 08:06 AM PST

People stand on the balkony, next to the DAX board at the Frankfurt stock exchange November 12, 2010. REUTERS/Remote/Kirill IordanskyReuters - Financial markets regained some composure on Thursday after roller-coaster sessions prompted by the euro zone's debt problems as recent upbeat economic data encouraged investors to put on some risk.

No risk of euro zone breakup in Irish crisis: EU (Reuters)

Posted: 25 Nov 2010 02:59 AM PST

Reuters - Senior euro zone officials dismissed any risk of the single currency area breaking up after financial markets, alarmed by Ireland's debt crisis, forced the borrowing costs of Portugal and Spain to record highs.

Apax nears $1.8 billion buy of Advantage Sales: report (Reuters)

Posted: 25 Nov 2010 06:36 AM PST

Reuters - Private equity firm Apax Partners LLP is near to buying Advantage Sales & Marketing Inc from buyout firm J.W. Childs Associates LP and Bank of America Corp for $1.8 billion, Bloomberg news reported, citing to a person familiar with the deal.

Computerized trades in EU face tougher rules (Reuters)

Posted: 25 Nov 2010 05:04 AM PST

France's Finance Minister Christine Lagarde attends a news conference in Lyon, southeastern France, November 9, 2010. REUTERS/Robert PrattaReuters - Britain and France flagged on Thursday a looming crackdown on ultra-fast share trading that featured in May's brief "flash crash" freefall on Wall Street, alarming regulators and investors globally.

Qatar Air slams Boeing, may buy more Airbus (Reuters)

Posted: 25 Nov 2010 06:47 AM PST

Reuters - The head of Qatar Airways criticized Boeing and Canada's Bombardier (BBDb.TO) over problems with plane developments on Thursday and threatened to shift extra business to European group Airbus .

T.Boone's BP Capital adds BP shares (Reuters)

Posted: 24 Nov 2010 10:49 AM PST

Reuters - BP Capital, the investment management firm led by billionaire energy investor T. Boone Pickens, has purchased shares of oil company BP Plc for the first time in nearly six years and dropped its holdings in offshore oil driller Transocean Ltd , according to a quarterly report filed with the U.S. Securities and Exchange Commission.

Malaysia Airlines returns to profit in 3Q (AP)

Posted: 25 Nov 2010 02:31 AM PST

AP - Malaysia Airlines says it returned to profit in the third quarter as travel increased amid the region's economic recovery.

Merkel assures investors no euro risk before 2013 (Reuters)

Posted: 25 Nov 2010 08:58 AM PST

Reuters - German Chancellor Angela Merkel attempted to clarify to nervous financial markets on Thursday that her vision of private investors sharing the risk of future euro zone crises would only affect them from 2013 onwards.

Summary Box: Mortgage application volume rises (AP)

Posted: 24 Nov 2010 01:29 PM PST

AP - MORTGAGE APPS UP: Applications for mortgages edged up 2.1 percent last week, the Mortgage Bankers Association said.

Euro will survive debt crisis, Merkel vows (AP)

Posted: 25 Nov 2010 08:16 AM PST

Sinn Fein supporters protest outside Irish government buildings, in Dublin, Ireland, Wednesday, Nov. 24, 2010. The Irish government has unveiled a range of tough austerity measures designed to help solve the country's debt crisis, among the spending cuts and tax rises are a reduction in the minimum wage, a new property tax and thousands of public sector job cuts. The four-year plan is designed to save the state 15 billion euro ($20bn; £13bn). The government is also negotiating a bail-out package with the EU and IMF, expected to be worth about 85 billion euro. (AP Photo/Peter Morrison)AP - The 16-nation euro currency will survive the debt crisis, German Chancellor Angela Merkel declared Thursday, while insisting that investors must share the burden of bailouts starting in 2013.

If it's Thanksgiving, you must be shopping (Reuters)

Posted: 25 Nov 2010 08:22 AM PST

Holiday shoppers walk through Time's Square in New York November 27, 2009. REUTERS/Brendan McDermidReuters - Forget the turkey and the football -- if it's Thanksgiving, why aren't you shopping?

China developer declines in debut (Investor's Business Daily)

Posted: 24 Nov 2010 03:36 PM PST

Investor's Business Daily - Beijing-based real estate company Syswin declined 11.4% to 6.20 after pricing at $7 a share on the NYSE, below its expected range of $9.25-$11.25. Syswin, which provides services to property developers in 17 Chinese cities, raised $67.2 mil and said it will use the proceeds to fund expansion, acquisitions and cover general expenses. Founder and CEO Liangsheng Chen owns 57% of the company.

Gulf Coast hopes for post-spill boom from retirees (AP)

Posted: 25 Nov 2010 08:06 AM PST

AP - For all the oil spill claims and cleanup work by BP, retirees from the North may be the best survival bet for some Gulf Coast resort towns this winter.

Wealthy Americans say: 'Tax us' to ease deficit' (AFP)

Posted: 25 Nov 2010 07:03 AM PST

A group of homeowners facing eviction over the holiday period protest against their plight outside a bank on Wednesday. With the US Congress hurtling toward a deadline on expiring tax cuts, a growing number of wealthy people are calling for higher taxes on the rich to help restore America's fiscal health.(AFP/File/Mark Ralston)AFP - With the US Congress hurtling toward a deadline on expiring tax cuts, a growing number of wealthy people are calling for higher taxes on the rich to help restore America's fiscal health.

Chevy Volt tops Prius in fuel economy rating (Reuters)

Posted: 25 Nov 2010 08:54 AM PST

A Chevy Volt hybrid driven by General Motors Vice Chairman Tom Stephens pulls into the front of GM's world headquarters in Detroit, Michigan in this October 12, 2010 file photo. GM said on Wednesday its Chevy Volt plug-in hybrid will carry an overall fuel economy rating of 60 miles per gallon, topping the Toyota Prius, the industry's long-time fuel economy leader. The EPA fuel-economy rating, which will be displayed on stickers on each Volt sold, was one of the last hurdles for a vehicle that GM has made the center of its effort to restart its reputation for technology and innovation. REUTERS/Rebecca Cook/Files (UNITED STATES - Tags: TRANSPORT BUSINESS)Reuters - General Motors Co said on Wednesday its Chevy Volt plug-in hybrid will carry an overall fuel economy rating of 60 miles per gallon, topping the Toyota Prius, the industry's long-time fuel economy leader.

Scout International's Winning Bets on Foreign Stocks (BusinessWeek)

Posted: 25 Nov 2010 05:08 AM PST

BusinessWeek - What distinguishes us from most money managers is that were long-term investors with about a five-year time horizon for most of the stocks we own. We focus on a few major variables. One is the long-term outlook for the country where our companies have operations and another is the long-term outlook for the companies themselves. Tied into that is a focus on quality, strong balance sheets, low debt, and a growth orientation. We are looking for industry-leading, dominant companies that control their destiny and have good management and good profitability to show for it. ...
Posted by Harshad at 9:03 AM

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