Sunday, October 23, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Earnings forecasts look less bright (Reuters)

Posted: 23 Oct 2011 08:46 AM PDT

Reuters - Prospects for corporate earnings are dimmer in the coming quarters -- even though reports so far this quarter have been relatively bright.

EU leaders eye guarantees for banks (Reuters)

Posted: 23 Oct 2011 08:57 AM PDT

Reuters - European Union leaders piled pressure on Italy on Sunday to speed up economic reforms to avoid a Greece-style meltdown as they began a crucial two-leg summit called to rescue the euro zone from a deepening sovereign debt crisis.

Volcker wants crackdown on money market funds, GSEs (Reuters)

Posted: 23 Oct 2011 09:00 AM PDT

Reuters - Former Federal Reserve Chairman Paul Volcker is advocating for regulatory control over the money-market mutual fund industry and believes the government should stop financing mortgages.

News Corp investor urges sale of newspaper business (Reuters)

Posted: 23 Oct 2011 08:05 AM PDT

Reuters - News Corp's third-largest investor has urged Rupert Murdoch to sell all his newspapers and double the size of a share buy-back plan, the Sunday Telegraph reported.

Investors seen undeterred by U.S. withdrawal from Iraq (Reuters)

Posted: 23 Oct 2011 06:51 AM PDT

Reuters - Foreign investors eager to snap up development projects in key oil producer Iraq are unlikely to balk after the United States withdraws all its troops at the end of the year as long as security does not deteriorate.

Treasury prices slip as stock market rallies (AP)

Posted: 21 Oct 2011 01:42 PM PDT

AP - Treasury prices fell Friday after a series of strong corporate earnings reports set off a rally in the stock market.

Yellen predicts stronger 2nd-half growth (AP)

Posted: 21 Oct 2011 04:32 PM PDT

AP - The No. 2 official on the Federal Reserve says economic growth will end "noticeably stronger" in the second half of this year, but she says the central bank still needs to keep its policy options open to provide more support to the economy if necessary.

Comments from European Union leaders' summit (Reuters)

Posted: 23 Oct 2011 08:45 AM PDT

Reuters - European Union leaders met on Sunday to try to hammer out a comprehensive plan for tackling the euro zone debt crisis, but a breakthrough is not expected until another summit on Wednesday.

Mortgage insurer subsidiary seized by regulators (AP)

Posted: 22 Oct 2011 12:34 PM PDT

AP - Insurance regulators in Arizona have seized the main subsidiary of private mortgage insurer PMI Group Inc., which will begin paying claims at just 50 percent.

French President: EU to anticipate bank rules (AP)

Posted: 23 Oct 2011 08:17 AM PDT

German Chancellor Angela Merkel, left. arrives for an EU summit in Brussels on Sunday, Oct. 23, 2011. Big banks find themselves under pressure in Europe's debt crisis with finance chiefs pushing to raise billions of euros in capital and accept huge losses on Greek bonds they hold. (AP Photo/Geert Vanden Wijngaert)AP - France's president says the European Union will force banks to raise their capital to higher levels already by 2012 rather than 2019.

PMI unit seized by Arizona insurance regulators (Reuters)

Posted: 22 Oct 2011 11:42 AM PDT

Reuters - The main subsidiary of mortgage insurer PMI Group Inc has been seized by Arizona insurance regulators, and will begin paying only 50 percent of claims starting on Monday, PMI Group said on Saturday.
Posted by Harshad at 9:13 AM

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