Friday, November 25, 2011

Yahoo! News: Health News

Yahoo! News: Health News

Wall Street eyes seven sessions of losses (Reuters)

Posted: 25 Nov 2011 09:24 AM PST

Occupy Wall Street protesters demonstrate outside Macy's department store in New York November 25, 2011. Stores looking to grab as big a piece as possible of what is expected to be a middling holiday shopping season pushed post-Thanksgiving openings into Thursday evening, getting an early start on Reuters - Stocks erased early gains and the S&P 500 turned negative toward the end of a shortened post holiday session on Friday as Wall Street eyed a seventh straight session of losses on Europe's growing debt crisis.

Crowds hit stores for "Black Friday" deals (Reuters)

Posted: 25 Nov 2011 07:24 AM PST

Reuters - Retailers may not reap hefty gains from the longer lines of shoppers snaked around malls across the U.S. at the traditional post-Thanksgiving start of the holiday shopping season; broader bargain hunting driven by budgetary fears may depress overall holiday spending.

Exclusive: Euro zone may drop private sector from ESM bailout (Reuters)

Posted: 25 Nov 2011 07:52 AM PST

Reuters - Euro zone member states, mindful of flagging market confidence in euro zone debt, are considering dropping private sector involvement in the region's permanent bailout fund due to come into force in 2013, four EU officials said on Friday.

DealTalk: Goldman, Morgan Stanley bow out of Unicredit cash call (Reuters)

Posted: 25 Nov 2011 07:29 AM PST

Reuters - A behind-the-scenes tussle for control over a 7.5 billion euro ($10 billion) share sale by Italy's Unicredit has shown how increasingly tense market conditions are driving a wedge between investment banks.

"Awful" Italy debt sale heightens euro zone stress (Reuters)

Posted: 25 Nov 2011 07:07 AM PST

Reuters - Italy paid a record 6.5 percent to borrow money over six months on Friday and its longer-term funding costs soared far above levels seen as sustainable for public finances, raising the pressure on Rome's new emergency government.

Manhattan U.S. attorney's office taps top SEC lawyer (Reuters)

Posted: 23 Nov 2011 08:09 AM PST

Reuters - A top Securities and Exchange Commission lawyer is leaving the world of civil enforcement to lead the criminal division of the Manhattan U.S. attorney's office, according to an email reviewed by Reuters.

France nominates Coeure for ECB executive (Reuters)

Posted: 24 Nov 2011 12:42 PM PST

Reuters - France has nominated Treasury Chief Economist Benoit Coeure as a candidate for the executive board of the European Central Bank, to replace outgoing board member Lorenzo Bini Smaghi, the Finance Ministry said on Thursday.

Lukoil's Q3 profit drops 20 pct to $2.2 billion (AP)

Posted: 25 Nov 2011 02:57 AM PST

AP - Russia's second-largest oil producer Lukoil said Friday that its third-quarter profit dropped 20 percent because of higher taxes and a slump in the ruble.

Bad sale of Italian debt adds to Monti's headaches (Reuters)

Posted: 25 Nov 2011 09:30 AM PST

Reuters - A punishing sale of Italian debt on Friday was not just bad news for the country's finances and the euro zone as a whole but increased political problems for the new technocrat government of Mario Monti.

Don't Take Your Eyes Off Mistras (The Motley Fool)

Posted: 25 Nov 2011 09:05 AM PST

The Motley Fool - Mistras Group (NYSE: MG - News), which provides technology-enabled non-destructive testing solutions, recently reported better-than-expected results for the first quarter with profits surging a whopping 103%. Let's take a closer look at the impressive numbers.

Poll: Germans strongly against eurobonds (AP)

Posted: 25 Nov 2011 07:22 AM PST

AP - A newly released poll finds that Germans overwhelmingly oppose jointly guaranteed eurobonds while Chancellor Angela Merkel's hard-nosed management of the euro crisis is gaining rising approval.

India minister: New retail policy has safeguards (AP)

Posted: 25 Nov 2011 07:57 AM PST

Indian women shop at a store in New Delhi, India, Friday, Nov. 25, 2011. Indian Commerce Minister Anand Sharma told reporters that the Indian cabinet's decision late Thursday allowing 51 percent foreign ownership of supermarkets would vastly improve decrepit infrastructure that causes massive food waste in a country plagued by malnutrition and high inflation. (AP Photo/Gurinder Osan)AP - India's commerce minister said Friday that the decision to open the country's $400 billion retail sector to global chains such as Wal-Mart has a built-in safety net for small shops and farmers.

Russia secures ownership of Belarus gas pipelines (AP)

Posted: 25 Nov 2011 08:43 AM PST

Russian President Dmitry Medvedev, left, greets Belarusian President Alexander Lukashenko during their meeting in the Gorki residence outside Moscow, Russia, Friday, Nov. 25, 2011. Russian-Belarusian talks focused on energy issues. (AP Photo/Maxim Shipenkov, Pool)AP - Russia's state-controlled natural gas company bought the remaining stake in Belarus' gas pipeline system Friday to become its sole owner in a move that strengthens Moscow's control over gas exports to the West.
Posted by Harshad at 9:35 AM

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