Saturday, March 3, 2012

Yahoo! News: Health News

Yahoo! News: Health News


Stocks, the little engine that could (Reuters)

Posted: 03 Mar 2012 04:32 AM PST

Reuters - Stocks have proven the naysayers wrong so far in 2012. And the February jobs report could be just the ticket to keep the bulls going next week.

ECB's Orphanides says debt crisis easing, but not over (Reuters)

Posted: 03 Mar 2012 07:06 AM PST

Reuters - The euro zone sovereign debt crisis has eased in recent weeks, ECB Governing Council member Athanasios Orphanides said on Saturday, adding more needed to be done to convince markets the euro zone had an effective crisis handling mechanism in place.

Facebook adding banks for IPO: sources (Reuters)

Posted: 02 Mar 2012 02:30 PM PST

Reuters - Facebook Inc will add banks in coming weeks to help underwrite its initial public offering, two sources familiar with its plans said on Friday.

China COFCO eyes Hong Kong for property unit IPO: exec (Reuters)

Posted: 03 Mar 2012 02:50 AM PST

Reuters - China's top grain trader, COFCO Group , will seek to list its commercial property unit in Hong Kong, its chairman told Reuters on Saturday, without clarifying the timing or scale of the offering.

Nomura, George Soros cut stakes in Taiwan bank (Reuters)

Posted: 03 Mar 2012 03:27 AM PST

Reuters - Nomura Holdings (8604.T) and billionaire investor George Soros have cut their stakes in Taishin Financial (2887.TW) to about 1 percent each from about 3 percent last year, marking the latest exodus by foreign investors from Taiwan's over-banked market.

Vietnam's volatile stock market draws money, needs depth (Reuters)

Posted: 01 Mar 2012 12:03 AM PST

Reuters - Vietnam is hoping that falling inflation and rising global risk appetites will spur sustained interest in the country's small stock market, a frontier where many pioneers have been burned.

Spain defies Brussels on deficit target (Reuters)

Posted: 02 Mar 2012 08:30 AM PST

Reuters - Spain set itself a softer deficit target for 2012 than originally agreed under the euro zone's austerity drive, putting a question mark over the credibility of the European Union's new fiscal pact.

Earnings schedule for week of 3/5/2012 (AP)

Posted: 02 Mar 2012 01:28 PM PST

AP - Major companies tentatively scheduled to report quarterly earnings next week:

Merkel faces challenge at home on fiscal pact (Reuters)

Posted: 03 Mar 2012 06:01 AM PST

Reuters - German Chancellor Angela Merkel faces an unexpected challenge in getting new euro zone budget discipline rules approved at home, after the government confirmed on Saturday the new treaty will require a two-thirds majority in both houses of parliament.

Republican Fed bill would restrict bond investments (Reuters)

Posted: 02 Mar 2012 10:04 PM PST

Reuters - Republican legislation to limit the Federal Reserve's mandate to fighting inflation would restrict the types of bonds the U.S. central bank could buy and potentially force sooner-than-expected sales of mortgage-backed securities.

Ratings agency Moody's downgrades Greece (AP)

Posted: 02 Mar 2012 04:26 PM PST

AP - The ratings agency Moody's downgraded Greece to the lowest rating on its bond scale late Friday, following a deal with private investors that would see them ultimately lose an estimated 70 percent of their holdings in Greek debt.

BP begins to put spill behind it with settlement (AP)

Posted: 03 Mar 2012 08:56 AM PST

Fire boat response crews battle the blazing remnants of the offshore oil rig Deepwater Horizon, off Louisiana, in this April 21, 2010 file handout image. REUTERS/U.S. Coast Guard/Files/HandoutAP - BP has taken a major step toward putting the nation's worst oil spill behind it by agreeing to a $7.8 billion settlement of lawsuits filed by 100,000 victims.


Rising Gas Prices Raising 'Back to the Future' Reality (ContributorNetwork)

Posted: 03 Mar 2012 04:51 AM PST

ContributorNetwork - COMMENTARY | Here we go again with skyrocketing gas prices. By late April, we might see prices at $4.25. I paid $3.61 on Saturday in north Central Massachusetts. Friday, Congress passed a measure to extend the payroll tax holiday throughout 2012. The tax break saves the average worker $80 a month. Well, thank goodness: At least people can use that money to pay outrageous gas costs to get to work. Remember 2008?

Chevy Volt Production Halt Latest Green Energy Embarrassment for Obama (ContributorNetwork)

Posted: 03 Mar 2012 07:15 AM PST

ContributorNetwork - COMMENTARY | General Motors, the recipient of so much government largess that it has been called "Government Motors" by critics of automobile company bailouts, as temporarily suspended production of the Chevy Volt, according to the Washington Examiner.

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