Friday, October 28, 2011

Yahoo! News: Health News

Yahoo! News: Health News


Wall St pares losses; all indexes positive (Reuters)

Posted: 28 Oct 2011 08:17 AM PDT

A member of the Occupy Wall Street movement stands with a sign protesting the financial industry in the financial district of New York October 6, 2011. REUTERS/Lucas JacksonReuters - Stocks pared losses by midmorning on Friday, with all three major indexes turning positive.


Consumer spending up in September on savings (Reuters)

Posted: 28 Oct 2011 07:02 AM PDT

Reuters - Sluggish growth in U.S. consumer income in September led households to cut back on saving to increase their spending, casting doubts over the durability of the economy's third-quarter growth spurt.

Euro fund head: no quick China deal; Italy costs up (Reuters)

Posted: 28 Oct 2011 06:20 AM PDT

Klaus Regling, CEO of the European Financial Stability Facility (EFSF), speaks during a conference about the future of the Euro in Lisbon October 13, 2011. REUTERS/Hugo CorreiaReuters - The head of Europe's bailout fund sought financial support from China on Friday to help resolve the bloc's debt crisis, saying that while no quick deal was in sight he was still confident Beijing would keep buying bonds issued by his fund.


Total, Chevron profits lifted by firm oil price (Reuters)

Posted: 28 Oct 2011 07:52 AM PDT

Reuters - Chevron Corp and Total posted higher quarterly profits on Friday, the latest two major oil companies to reap the benefit of firm oil prices and rosier refinery conditions.

MF Global stock, bonds fall again as clouds darken (Reuters)

Posted: 28 Oct 2011 09:11 AM PDT

Reuters - Shares of MF Global Holdings Ltd hit another all-time low and bonds were in freefall on Friday as troubles intensified for the U.S. futures brokerage that is looking to sell off units in order to retain customers, and to survive.

How the major stock indexes fared Thursday (AP)

Posted: 27 Oct 2011 01:29 PM PDT

AP - Stocks surged Thursday after European leaders agreed on a deal to slash Greece's debt load and prevent the financial crisis there from engulfing larger countries like Italy. The Dow Jones industrial average had its biggest gain since Aug. 11th. Stronger U.S. economic growth and corporate earnings also drove markets higher. The Dow closed above 12,000 for the first time since Aug. 1.

Summer growth calms recession fears: Will it last? (AP)

Posted: 27 Oct 2011 09:06 PM PDT

FILE - In this Sept. 29, 2011 file photo, a shopper carrying bags is silhouetted at a mall in Los Angeles. The U.S. economy grew modestly over the summer after nearly stalling in the first six months of the year, lifted by stronger consumer spending and greater business investment. (AP Photo/Reed Saxon, File)AP - A summer of modest economic growth is helping dispel lingering fears that another recession might be near.


Cigna 3Q profit falls, but expects 2012 growth (AP)

Posted: 28 Oct 2011 08:04 AM PDT

FILE - This Aug 4, 2011 file photo shows the Cigna logo at the headquarters of the health insurer Cigna Corp., in Philadelphia. Cigna said Friday, Oct. 28, 2011, its third-quarter profit tumbled 35 percent due to a big hit from some businesses the managed care company discontinued years ago. (AP Photo/Matt Rourke, File)AP - Cigna Corp.'s third-quarter profit tumbled 35 percent due to a bigger hit from some discontinued businesses, but income from its main segments grew and it became the latest managed care company to forecast 2012 growth.


Europe's New Debt Crisis Agreement: The Good, the Bad, the Ugly (Time.com)

Posted: 28 Oct 2011 07:35 AM PDT

Time.com - Sometimes I think the euro zone debt crisis is like watching a remake of the Bill Murray classic Groundhog Day, with the screenplay written by Financial Times correspondents

Is General Mills Going Through the Grinder? (The Motley Fool)

Posted: 28 Oct 2011 08:54 AM PDT

The Motley Fool - General Mills' (NYSE: GIS - News) solid first-quarter results beat estimates despite a difficult economic environment. However, rising costs took away some of the shine from its strong sales.

Swiss Re reclaims prized S&P credit rating (Reuters)

Posted: 28 Oct 2011 08:20 AM PDT

Reuters - Swiss Re has regained a prized credit rating lost during the financial crisis, a key step toward the reinsurer's goal of expanding its business.

Metro seen cutting profit goal, CEO news eyed (Reuters)

Posted: 28 Oct 2011 05:56 AM PDT

Reuters - Metro AG could become the latest European retailer to warn on profits next week, piling pressure on the German group to sort out a successor to Chief Executive Eckhard Cordes.

Oil price lower a day after big rally (AP)

Posted: 28 Oct 2011 07:40 AM PDT

Alaska Gov. Sean Parnell sits at the head table of the Alaska Oil and Gas Association annual luncheon on Thursday, Oct. 27, 2011, in Anchorage, Alaska. Parnell told the audience that Alaska must be prepared to sell liquefied natural gas overseas if demand has shifted away from other states. (AP Photo/Dan Joling)AP - Oil prices are lower alongside modest declines on Wall Street as investors acknowledge that Europe needs to tighten its belt for years as it works through a credit crisis.


Deficit-cutting panel looking at benefits, taxes (AP)

Posted: 27 Oct 2011 02:55 PM PDT

House Minority Leader Nancy Pelosi of Calif., gestures during a news conference on Capitol Hill in Washington, Thursday, Oct. 27, 2011,  to caution the deficit reduction supercommittee about not using retirement benefits to fix the nation's debt problems.   (AP Photo/J. Scott Applewhite)AP - Rival deficit-cutting plans advanced by Republicans and Democrats on Congress' secretive supercommittee would both mean smaller-than-expected cost of living benefit increases for veterans and federal retirees as well as Social Security recipients and bump up taxes for some individuals and families, according to officials familiar with the recommendations.


Chrysler CEO says 2-class wage structure has to go (AP)

Posted: 28 Oct 2011 08:57 AM PDT

AP - The head of Chrysler says the carmaker's two-class wage system has to go.

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