Thursday, November 11, 2010

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street in tech-led slide after Cisco outlook (Reuters)

Posted: 11 Nov 2010 07:41 AM PST

Traders work on the floor of the New York Stock Exchange November 8, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks slid on Thursday after a gloomy outlook from Cisco Systems Inc underscored the risks that a still-weak economy posed to corporate profits and sparked a technology-led selloff in an overbought market.

Cisco shares plummet, sink broader market (Reuters)

Posted: 11 Nov 2010 08:35 AM PST

Reuters - Tech bellwether Cisco Systems lost 17 percent of its market value in frenzied trading on Thursday, a day after a gloomy revenue outlook left investors jittery, and some brokerages downgraded the stock.

Viacom to sell Rock Band, results top Street (Reuters)

Posted: 11 Nov 2010 09:06 AM PST

The cast of Reuters - Viacom plans to rid itself of Harmonix, the video game developer behind the Rock Band franchise, ending a failed foray into the gaming business.

October foreclosures fall as processing stalls (Reuters)

Posted: 11 Nov 2010 09:07 AM PST

Luxury apartment buildings are seen from the peak in Hong Kong. Luxury home sales in Hong Kong have smashed previous records, the city's biggest realtor said Thursday, despite government measures to cool a market that has rebounded from the global financial crisis.(AFP/Dale de la Rey)Reuters - The number of U.S. homes taken over by banks fell 9 percent in October as foreclosure processing was stalled by questionable paperwork, real estate data company RealtyTrac said on Thursday.

Ireland says surge in borrowing costs "very serious" (Reuters)

Posted: 11 Nov 2010 07:14 AM PST

Reuters - Ireland warned on Thursday that a surge in its borrowing costs to record highs had become "very serious" and the EU said it was ready to act should the humbled former "Celtic Tiger" require a rescue from its euro partners.

A look at economic developments around the globe (AP)

Posted: 10 Nov 2010 12:22 PM PST

AP - A look at economic developments and activity in major stock markets around the world Wednesday:

Russia warns G20 unity in danger: G20 source (Reuters)

Posted: 11 Nov 2010 03:00 AM PST

Reuters - Russia said on Thursday the unity among members of the G20 group will be difficult to maintain as crisis pressures are easing but warned that the global economy remained "unstable and unbalanced."

Viacom to sell 'Rock Band'; earnings top estimates (AP)

Posted: 11 Nov 2010 09:10 AM PST

FILE - In this Jan. 19, 2010 file photo, the logo above the entrance to Viacom's headquarters is shown, in New York. Viacom reports its earnings tumbled in the third quarter Thursday, Nov. 11, 2010, because of results from a division that the media company led by Sumner Redstone plans to sell.(AP Photo/Mark Lennihan, file)AP - For Viacom Inc., Thursday was the day the music died.

Hedge fund curbs endorsed by EU parliament (AFP)

Posted: 11 Nov 2010 07:42 AM PST

London's financial district of Canary Wharf in the distance, 2008. The European Parliament finally endorsed wide-ranging curbs on the trillion-dollar hedge fund industry, blamed in part for fanning the global financial crisis but soon to be issued marketing AFP - The European Parliament on Thursday endorsed wide-ranging curbs on the trillion-dollar hedge fund industry, blamed in part for fanning the global financial crisis.

(AP)

Posted: 11 Nov 2010 07:01 AM PST

AP - Mortgage rates drop to their lowest levels in decades on Fed's program to buy Treasurys.

G20 struggles as Irish crisis hits market (Reuters)

Posted: 11 Nov 2010 06:06 AM PST

Prime Minister Manmohan Singh (R) arrives at the airport in Incheon November 10, 2010, prior to the G20 Summit. REUTERS/Jo Yong-HakReuters - The Group of 20 meeting on Thursday struggled to agree on meaningful action to rebuild the global economy as a crisis erupted in Ireland, pushing its bond spreads out to a record over Germany, and infecting Spain and Portugal.

US homes lost to foreclosure drops 9 pct in Oct. (AP)

Posted: 11 Nov 2010 04:05 AM PST

An auction signs sits in front of a foreclosed home Wednesday, Nov. 10, 2010 in Valrico, Fla. The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly. (AP Photo/Chris O'Meara)AP - The number of U.S. homes repossessed by lenders last month fell by the sharpest margin this year, as several major lenders temporarily halted most or all of their foreclosures amid allegations thousands of foreclosures were handled improperly.

Oil prices close in on $90 (AFP)

Posted: 11 Nov 2010 04:52 AM PST

World oil prices neared 90 dollars for the first time in more than two years, stoked by expectations of increased demand amid tight supplies(AFP/File/Kenzo Tribouillard)AFP - World oil prices neared 90 dollars for the first time in more than two years on Thursday, stoked by expectations of increased demand amid tight supplies, traders said.

AP-GfK Poll: Public mixed on GOP tax, health plans (AP)

Posted: 11 Nov 2010 07:17 AM PST

House Speaker-in-waiting John Boehner of Ohio, speaks during a media availability on Capitol Hill in Washington, Wednesday, Nov. 10, 2010. (AP Photo/Alex Brandon)AP - People back Republican tax cut plans but not the GOP campaign to repeal President Barack Obama's health care overhaul, according to a poll suggesting that the Republicans' big Election Day win was not a mandate for the party's legislative wish list.

Chrysler recalls Jeep SUVS; GM recalls sedans (AP)

Posted: 11 Nov 2010 09:03 AM PST

AP - General Motors is recalling nearly 14,000 sedans to address potential problems with power steering. And Chrysler is recalling about 16,000 Jeep Liberty SUVs to fix faulty windshield wiper systems.
Posted by Harshad at 9:34 AM

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