Archive for March 4th, 2010

Stocks Climb, Yen Drops, Default Costs Ease on U.S. Jobs, Japan - BusinessWeek
March 5 (Bloomberg) — Asia stocks advanced, heading for their second weekly gain, and the yen dropped as U.S. jobless claims fell, Greece debt concerns eased and speculation grew the Bank of Japan will take further steps to ease credit. The MSCI
Source: www.businessweek.com

Verizon Wireless Said to Be Aiming to Release Microsoft Phones - BusinessWeek
Microsoft’s Windows dropped to a 7.9 percent share of the worldwide smartphone software market in the fourth quarter, from 12.5 percent a year earlier, while the iPhone and Android posted gains, according to ABI Research. The iPhone took 16.6
Source: www.businessweek.com

Pioneer Drilling Announces Pricing of $250 Million Offering of 9.875 - Stockhouse
Pioneer Drilling Company (NYSE Amex: PDC) today announced that it has priced a private offering of $250 million of senior unsecured notes due 2018, which will bear interest at a rate of 9.875% per annum. The notes were priced at a discount to provide
Source: www.stockhouse.com

Priceline.com Announces Pricing of $500 Million Private Offering of - Stockhouse
Any offers of the securities will be made only by means of a private offering memorandum. The notes and any priceline.com common stock issuable upon the conversion of the notes have not been registered under the Securities Act of 1933, as amended or
Source: www.stockhouse.com

Send-off planned for state soldiers to be deployed to Iraq - Milwaukee Journal Sentinel
Ceremonies will be held in Medford, Superior, Hayward and Chippewa Falls on Saturday and Sunday before the troops report to Fort McCoy for several weeks of training before leaving for Iraq. Soldiers were notified in October of the mobilization in
Source: www.jsonline.com

LEAD: Tokyo stocks rise on weaker yen amid report on BOJ monetary - Big Hollywood
Tokyo stocks rebounded Friday morning as investor sentiment was buoyed by a weaker yen following a news report that the Bank of Japan may implement further monetary easing. The 225-issue Nikkei Stock Average rose 209.91 points, or 2.07 percent, from
Source: www.breitbart.com

Stock market: Dow turns positive for the year ahead of jobs report - USA Today
NEW YORK — Optimism about the government’s February jobs report sent the Dow Jones industrials back into the black for 2010. Stocks ended Thursday with a moderate advance after managing only modest moves for much of the day. Investors seemed to set
Source: www.usatoday.com

From Nordstrom to Macy’s to Target, retailers report strong gains for - San Jose Mercury News
NEW YORK — Shoppers shrugged off the snow and worries about the economy to buy full-price spring clothing and other items at the nation’s malls, resulting in the strongest retail sales gain since November 2007, a month before the recession started
Source: www.mercurynews.com

Treasury sells Bank of America warrants for $1.54 billion - Washington Post
The Treasury Department said Thursday that it sold its warrants to buy Bank of America stock for $1.54 billion, fetching a much higher price than what market analysts and federal officials expected. After the auction, the warrants, which are
Source: www.washingtonpost.com

VERSACE: Pearls of investing wisdom from Uncle Warren - Washington Times
Last Friday, one of my favorite things to read was published. I say favorite because I find it at times humorous, always insightful and written in what we have come to call “plain English.” I’m not talking about the latest list of who’s who or
Source: www.washingtontimes.com

Stocks Climb, Yen Drops, Default Costs Ease on U.S. Jobs, Japan - BusinessWeek
March 5 (Bloomberg) — Asia stocks advanced, heading for their second weekly gain, and the yen dropped as U.S. jobless claims fell, Greece debt concerns eased and speculation grew the Bank of Japan will take further steps to ease credit. The MSCI
Source: www.businessweek.com

Verizon Wireless Said to Be Aiming to Release Microsoft Phones - BusinessWeek
Microsoft’s Windows dropped to a 7.9 percent share of the worldwide smartphone software market in the fourth quarter, from 12.5 percent a year earlier, while the iPhone and Android posted gains, according to ABI Research. The iPhone took 16.6
Source: www.businessweek.com

Pioneer Drilling Announces Pricing of $250 Million Offering of 9.875 - Stockhouse
Pioneer Drilling Company (NYSE Amex: PDC) today announced that it has priced a private offering of $250 million of senior unsecured notes due 2018, which will bear interest at a rate of 9.875% per annum. The notes were priced at a discount to provide
Source: www.stockhouse.com

Priceline.com Announces Pricing of $500 Million Private Offering of - Stockhouse
Any offers of the securities will be made only by means of a private offering memorandum. The notes and any priceline.com common stock issuable upon the conversion of the notes have not been registered under the Securities Act of 1933, as amended or
Source: www.stockhouse.com

Send-off planned for state soldiers to be deployed to Iraq - Milwaukee Journal Sentinel
Ceremonies will be held in Medford, Superior, Hayward and Chippewa Falls on Saturday and Sunday before the troops report to Fort McCoy for several weeks of training before leaving for Iraq. Soldiers were notified in October of the mobilization in
Source: www.jsonline.com

LEAD: Tokyo stocks rise on weaker yen amid report on BOJ monetary - Big Hollywood
Tokyo stocks rebounded Friday morning as investor sentiment was buoyed by a weaker yen following a news report that the Bank of Japan may implement further monetary easing. The 225-issue Nikkei Stock Average rose 209.91 points, or 2.07 percent, from
Source: www.breitbart.com

Stock market: Dow turns positive for the year ahead of jobs report - USA Today
NEW YORK — Optimism about the government’s February jobs report sent the Dow Jones industrials back into the black for 2010. Stocks ended Thursday with a moderate advance after managing only modest moves for much of the day. Investors seemed to set
Source: www.usatoday.com

From Nordstrom to Macy’s to Target, retailers report strong gains for - San Jose Mercury News
NEW YORK — Shoppers shrugged off the snow and worries about the economy to buy full-price spring clothing and other items at the nation’s malls, resulting in the strongest retail sales gain since November 2007, a month before the recession started
Source: www.mercurynews.com

Treasury sells Bank of America warrants for $1.54 billion - Washington Post
The Treasury Department said Thursday that it sold its warrants to buy Bank of America stock for $1.54 billion, fetching a much higher price than what market analysts and federal officials expected. After the auction, the warrants, which are
Source: www.washingtonpost.com

VERSACE: Pearls of investing wisdom from Uncle Warren - Washington Times
Last Friday, one of my favorite things to read was published. I say favorite because I find it at times humorous, always insightful and written in what we have come to call “plain English.” I’m not talking about the latest list of who’s who or
Source: www.washingtontimes.com

Eurand N.V. Q4 2009 Earnings Call Transcript - Seekingalpha.com
Greetings, ladies and gentlemen, and welcome to the Eurand fourth quarter and full year 2009 financial results conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal
Source: seekingalpha.com

Silver Standard Reports Fourth Quarter and Year-End 2009 Results - StreetInsider.com
Silver Standard recorded a net loss of $9.1 million or $0.13 per share for the three months ended December 31, 2009, compared to a net Paul LaFontaine Director, Investor Relations N.A. toll-free: (888) 338-0046 or Direct: (604) 484-8212 invest
Source: www.streetinsider.com

E-Reader Buyers Coveting iPad Over The Kindle - Investors Business Daily
A new poll indicates that Apple’s iPad tablet computer is poised to lead the emerging e-book reader market when it launches this month, knocking Amazon.com’s Kindle to No. 2. A survey of nearly 3,200 consumers by ChangeWave Research finds that 40% of
Source:

Market Defies Fear of Real Estate Bubble in China - New York Times
SHANGHAI — The spacious duplex comes with crocodile-skin bedposts, hand-carved bronze doors inlaid with Swarovski crystals — and a $45 million price tag. It is still on the market, but Charles Tong, the developer of Tomson Riviera, a luxury
Source: www.nytimes.com

Temasek wary of Shin - Bangkok Post
The Singapore investment giant Temasek could move to divest its shareholdings in Shin Corp amid growing business and regulatory risk in the wake of the Supreme Court’s ruling in the Shinawatra family’s assets case. Temasek, the major shareholder of
Source: www.bangkokpost.com

Latin America M&A Surges in Best Start Since 2000 on Recovery - BusinessWeek
March 5 (Bloomberg) — Takeovers in Latin America are off to the best start in at least a decade, bucking a global slump, as economic recoveries in Brazil and Mexico spur consolidation in the telecommunications, food and commodities industries
Source: www.businessweek.com

Eurand N.V. Q4 2009 Earnings Call Transcript - Seekingalpha.com
Greetings, ladies and gentlemen, and welcome to the Eurand fourth quarter and full year 2009 financial results conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal
Source: seekingalpha.com

Silver Standard Reports Fourth Quarter and Year-End 2009 Results - StreetInsider.com
Silver Standard recorded a net loss of $9.1 million or $0.13 per share for the three months ended December 31, 2009, compared to a net Paul LaFontaine Director, Investor Relations N.A. toll-free: (888) 338-0046 or Direct: (604) 484-8212 invest
Source: www.streetinsider.com

E-Reader Buyers Coveting iPad Over The Kindle - Investors Business Daily
A new poll indicates that Apple’s iPad tablet computer is poised to lead the emerging e-book reader market when it launches this month, knocking Amazon.com’s Kindle to No. 2. A survey of nearly 3,200 consumers by ChangeWave Research finds that 40% of
Source:

Market Defies Fear of Real Estate Bubble in China - New York Times
SHANGHAI — The spacious duplex comes with crocodile-skin bedposts, hand-carved bronze doors inlaid with Swarovski crystals — and a $45 million price tag. It is still on the market, but Charles Tong, the developer of Tomson Riviera, a luxury
Source: www.nytimes.com

Temasek wary of Shin - Bangkok Post
The Singapore investment giant Temasek could move to divest its shareholdings in Shin Corp amid growing business and regulatory risk in the wake of the Supreme Court’s ruling in the Shinawatra family’s assets case. Temasek, the major shareholder of
Source: www.bangkokpost.com

Latin America M&A Surges in Best Start Since 2000 on Recovery - BusinessWeek
March 5 (Bloomberg) — Takeovers in Latin America are off to the best start in at least a decade, bucking a global slump, as economic recoveries in Brazil and Mexico spur consolidation in the telecommunications, food and commodities industries
Source: www.businessweek.com

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  • Filed under: share investor
  • Susan Writer: Thinking Out Loud - Frederick News-Post
    Last week I had one of those days I’ll deposit in my memory bank. I and a couple of other moms took our daughters prom dress shopping. It’s for the girls’ junior prom and they wanted to get a head start on the competition for dresses, which I
    Source: www.fredericknewspost.com

    Susan Writer: Thinking Out Loud - Frederick News-Post
    Last week I had one of those days I’ll deposit in my memory bank. I and a couple of other moms took our daughters prom dress shopping. It’s for the girls’ junior prom and they wanted to get a head start on the competition for dresses, which I
    Source: www.fredericknewspost.com

    Personal Finance: No major incentives for savers - Financial Post
    Fotolia The 2010 Federal Budget was unveiled Thursday. Budget 2010 contains no sweeping transformation of the landscape for taxpayers or retirement savers but has dozens of tweaks for minorities ranging from the disabled to those seeking cosmetic
    Source: www.financialpost.com

    Personal Finance: No major incentives for savers - Financial Post
    Fotolia The 2010 Federal Budget was unveiled Thursday. Budget 2010 contains no sweeping transformation of the landscape for taxpayers or retirement savers but has dozens of tweaks for minorities ranging from the disabled to those seeking cosmetic
    Source: www.financialpost.com

    Move, Inc. Announces Fourth Quarter 2009 Financial Results - TMCnet
    CAMPBELL, Calif. –(Business Wire)– Move, Inc. (NASDAQ:MOVE) reported financial results for the fourth quarter and fiscal year ended December 31, 2009. Revenue in the fourth quarter of 2009 was $49.6 million, compared to $57.5 million in the fourth
    Source: it.tmcnet.com

    Form 8-K for FOREST CITY ENTERPRISES INC - YAHOO!
    Series A Cumulative Perpetual Convertible Preferred Stock On March 4, 2010, Forest City Enterprises, Inc. (”the Company”), announced that it has entered into separate, privately negotiated exchange agreements under which it will exchange $51.2
    Source: biz.yahoo.com

    CT-Sen: Incrementalism is a dirty word and other notes from Alpert - DAILY KOS
    On March 1st, I attended the first Democratic Senate debate for Connecticut’s Senate seat. Merrick Alpert, businessman from the Mystic area squared off against Attorney General Richard Blumenthal of Greenwich at the University of Hartford’s Lincoln
    Source: dailykos.com

    ConocoPhillips, Vitol Charter Tankers to Ship Fuels to Chile - BusinessWeek
    March 4 (Bloomberg) — ConocoPhillips and Vitol Group have booked tankers to ship fuels to Chile, whose refining industry was disrupted by the Feb. 27 earthquake. Morgan Stanley has also chartered a tanker. ConocoPhillips, the third-largest U.S. oil
    Source: www.businessweek.com

    Skin of Color Population Faces Unique, but Treatable, Dermatologic - YAHOO!
    “Although people of color have more natural protection from ultraviolet (UV) radiation due to the increased amount of melanin in their skin, the cells that make melanin pigment tend to be more reactive to inflammation and injury, and therefore
    Source: news.yahoo.com

    Sultans of Swap: Fearing the Gearing! - Safe Haven
    Ever imagine getting your tie caught in a mechanical set of gears (sorry ladies - but I will spare you). The results are nasty! Now you know what the Sultans of Swap in the $695 Trillion global OTC derivatives market feel like. Every day the slow
    Source: www.safehaven.com

    Opposition fears loopholes for ‘legal highs’ - Irish Times
    THE GOVERNMENT’S decision to ban several substances sold in head shops does not go far enough and will fail to halt the trade in so-called “legal highs”, Opposition parties have warned. The ban, which comes into effect in June, applies to a
    Source: www.irishtimes.com

    AIG’s swaps with European banks may linger a bit - CNN Money
    controversial derivatives division, enabled banks in Europe to reduce the amount of capital they needed to set aside in cover potential losses on portfolios of residential mortgages and corporate loans. These so-called regulatory capital relief
    Source: money.cnn.com

    FiberTower Reports 2009 Fourth Quarter and Full Year Results - StreetInsider.com
    On an Adjusted EBITDA basis, the loss in the fourth quarter of 2009 improved to $2.2 million compared to a loss of $4.9 million in the fourth quarter of 2008, representing a 55% improvement. Adjusted EBITDA is defined as net income (loss) from
    Source: www.streetinsider.com

    Inscape Corporation Announces Third Quarter Results - Earthtimes
    HOLLAND LANDING, ONTARIO — 03/04/10 — Mr. Madan Bhayana, Chief Executive Officer of Inscape (TSX: INQ), a leading designer, manufacturer and marketer of office systems, storage and architectural wall solutions for commercial office environments
    Source: www.earthtimes.org

    Move, Inc. Announces Fourth Quarter 2009 Financial Results - TMCnet
    CAMPBELL, Calif. –(Business Wire)– Move, Inc. (NASDAQ:MOVE) reported financial results for the fourth quarter and fiscal year ended December 31, 2009. Revenue in the fourth quarter of 2009 was $49.6 million, compared to $57.5 million in the fourth
    Source: it.tmcnet.com

    Form 8-K for FOREST CITY ENTERPRISES INC - YAHOO!
    Series A Cumulative Perpetual Convertible Preferred Stock On March 4, 2010, Forest City Enterprises, Inc. (”the Company”), announced that it has entered into separate, privately negotiated exchange agreements under which it will exchange $51.2
    Source: biz.yahoo.com

    CT-Sen: Incrementalism is a dirty word and other notes from Alpert - DAILY KOS
    On March 1st, I attended the first Democratic Senate debate for Connecticut’s Senate seat. Merrick Alpert, businessman from the Mystic area squared off against Attorney General Richard Blumenthal of Greenwich at the University of Hartford’s Lincoln
    Source: dailykos.com

    ConocoPhillips, Vitol Charter Tankers to Ship Fuels to Chile - BusinessWeek
    March 4 (Bloomberg) — ConocoPhillips and Vitol Group have booked tankers to ship fuels to Chile, whose refining industry was disrupted by the Feb. 27 earthquake. Morgan Stanley has also chartered a tanker. ConocoPhillips, the third-largest U.S. oil
    Source: www.businessweek.com

    Skin of Color Population Faces Unique, but Treatable, Dermatologic - YAHOO!
    “Although people of color have more natural protection from ultraviolet (UV) radiation due to the increased amount of melanin in their skin, the cells that make melanin pigment tend to be more reactive to inflammation and injury, and therefore
    Source: news.yahoo.com

    Sultans of Swap: Fearing the Gearing! - Safe Haven
    Ever imagine getting your tie caught in a mechanical set of gears (sorry ladies - but I will spare you). The results are nasty! Now you know what the Sultans of Swap in the $695 Trillion global OTC derivatives market feel like. Every day the slow
    Source: www.safehaven.com

    Opposition fears loopholes for ‘legal highs’ - Irish Times
    THE GOVERNMENT’S decision to ban several substances sold in head shops does not go far enough and will fail to halt the trade in so-called “legal highs”, Opposition parties have warned. The ban, which comes into effect in June, applies to a
    Source: www.irishtimes.com

    AIG’s swaps with European banks may linger a bit - CNN Money
    controversial derivatives division, enabled banks in Europe to reduce the amount of capital they needed to set aside in cover potential losses on portfolios of residential mortgages and corporate loans. These so-called regulatory capital relief
    Source: money.cnn.com

    FiberTower Reports 2009 Fourth Quarter and Full Year Results - StreetInsider.com
    On an Adjusted EBITDA basis, the loss in the fourth quarter of 2009 improved to $2.2 million compared to a loss of $4.9 million in the fourth quarter of 2008, representing a 55% improvement. Adjusted EBITDA is defined as net income (loss) from
    Source: www.streetinsider.com

    Inscape Corporation Announces Third Quarter Results - Earthtimes
    HOLLAND LANDING, ONTARIO — 03/04/10 — Mr. Madan Bhayana, Chief Executive Officer of Inscape (TSX: INQ), a leading designer, manufacturer and marketer of office systems, storage and architectural wall solutions for commercial office environments
    Source: www.earthtimes.org

    Petropavlovsk up amid talk of ore spin-off - Financial Times
    Petropavlovsk saw a flurry of interest on Thursday. The miner was pushed higher by speculation about the future of its iron ore interests. The Russian gold miner ticked higher by 1.3 per cent to £10.58 on talk that it may spin off its iron ore unit
    Source: www.ft.com

    Cohen & Company Inc. Q4 2009 Earnings Call Transcript - Seekingalpha.com
    Before we begin, the company has asked to me read the following statement. You are cautioned that many statements during the call are forward-looking statements that are based on assumptions regarding the economy and financial markets and that are
    Source: seekingalpha.com

    Release details - HUGIN Online
    The share offering was fully subscribed on 25 January 2010. New shares shall be registered on the book-entry account of the subscriber today and they entitle to all shareholders´ rights in the company as of today. Trading in the new shares alongside
    Source: www.huginonline.com

    The Volcker Rule: Still Problematic - Brookings Institution
    Currently, banks may not make acquisitions that would increase their share of the national deposit market overall liquidity management will be exempted, since they are not part of a “trading book.” That term is also essentially defined by
    Source: www.brookings.edu

    Mindspeed expects offering to raise $18.3 million - The Sun News
    is the book-running preference $25 per depositary share. Including the newly-issued shares, the company now has 13.3 million depositary shares outstanding. Mindspeed shares rose 51 cents, or 7 percent, to $7.93 in afternoon trading.
    Source: www.thesunnews.com

    Wintrust to raise about $183M in new offering - Crain’s Chicago Business
    The stock was down $1.23 per share on the news in mid-afternoon trading to $32.71 led Wintrust’s offering while Raymond James & Co. and Sandler O’Neill & Partners were co-managers.
    Source: www.chicagobusiness.com

    Comtech shares fall on lowered 2010 outlook - Forbes
    It earned $16.3 million, or 51 cents per share, compared with $12.1 million, or 46 cents per share, in the year-ago quarter. Revenue rose 19 percent to $171.1 million. Boenning & Scattergood analyst Michael Ciarmoli also expressed some concern about
    Source: www.forbes.com

    Overseas Shipholding to sella 3.5 million shares - Fresno Bee
    Private equity firm Elliott Associates LP on Tuesday offered to buy the 91.5 percent of the shares it doesn’t already own in enterprise software company Novell Inc. for $5.75 each, an offer valuing the company at about $2 billion. Shares jumped $1.35
    Source: www.fresnobee.com

    Miami Dolphins 2010 Offseason Preview: Tight End - Bleacherreport.com
    The offseason will officially kick off with the signing and trading period March 5, and as I always do prior to the mayhem, I’ll be looking at each position on the Dolphins’ roster in depth. I’ll look at the team’s strengths and areas of need, who is
    Source: bleacherreport.com

    Work remains, but competitive pressures 
have increased – WBHO - Engineering News
    Earnings a share improved by 17,6% over the comparative period 
in the previous financial year. Revenue for the period 
increased by 12,1%, to R7,6-billion, 
and operating profit before non-trading in WBHO’s order book which, at the
    Source: www.engineeringnews.co.za

    Petropavlovsk up amid talk of ore spin-off - Financial Times
    Petropavlovsk saw a flurry of interest on Thursday. The miner was pushed higher by speculation about the future of its iron ore interests. The Russian gold miner ticked higher by 1.3 per cent to £10.58 on talk that it may spin off its iron ore unit
    Source: www.ft.com

    Cohen & Company Inc. Q4 2009 Earnings Call Transcript - Seekingalpha.com
    Before we begin, the company has asked to me read the following statement. You are cautioned that many statements during the call are forward-looking statements that are based on assumptions regarding the economy and financial markets and that are
    Source: seekingalpha.com

    Release details - HUGIN Online
    The share offering was fully subscribed on 25 January 2010. New shares shall be registered on the book-entry account of the subscriber today and they entitle to all shareholders´ rights in the company as of today. Trading in the new shares alongside
    Source: www.huginonline.com

    The Volcker Rule: Still Problematic - Brookings Institution
    Currently, banks may not make acquisitions that would increase their share of the national deposit market overall liquidity management will be exempted, since they are not part of a “trading book.” That term is also essentially defined by
    Source: www.brookings.edu

    Mindspeed expects offering to raise $18.3 million - The Sun News
    is the book-running preference $25 per depositary share. Including the newly-issued shares, the company now has 13.3 million depositary shares outstanding. Mindspeed shares rose 51 cents, or 7 percent, to $7.93 in afternoon trading.
    Source: www.thesunnews.com

    Wintrust to raise about $183M in new offering - Crain’s Chicago Business
    The stock was down $1.23 per share on the news in mid-afternoon trading to $32.71 led Wintrust’s offering while Raymond James & Co. and Sandler O’Neill & Partners were co-managers.
    Source: www.chicagobusiness.com

    Comtech shares fall on lowered 2010 outlook - Forbes
    It earned $16.3 million, or 51 cents per share, compared with $12.1 million, or 46 cents per share, in the year-ago quarter. Revenue rose 19 percent to $171.1 million. Boenning & Scattergood analyst Michael Ciarmoli also expressed some concern about
    Source: www.forbes.com

    Overseas Shipholding to sella 3.5 million shares - Fresno Bee
    Private equity firm Elliott Associates LP on Tuesday offered to buy the 91.5 percent of the shares it doesn’t already own in enterprise software company Novell Inc. for $5.75 each, an offer valuing the company at about $2 billion. Shares jumped $1.35
    Source: www.fresnobee.com

    Miami Dolphins 2010 Offseason Preview: Tight End - Bleacherreport.com
    The offseason will officially kick off with the signing and trading period March 5, and as I always do prior to the mayhem, I’ll be looking at each position on the Dolphins’ roster in depth. I’ll look at the team’s strengths and areas of need, who is
    Source: bleacherreport.com

    Work remains, but competitive pressures 
have increased – WBHO - Engineering News
    Earnings a share improved by 17,6% over the comparative period 
in the previous financial year. Revenue for the period 
increased by 12,1%, to R7,6-billion, 
and operating profit before non-trading in WBHO’s order book which, at the
    Source: www.engineeringnews.co.za

    U.S. Health Secretary Presses Insurers Over Rates - Post Chronicle
    The Obama administration stepped up its pressure on health insurers on Thursday, calling on some of the top U.S. companies to be more public about “jaw-dropping” rate increases as Democrats make a final push for healthcare reform. U.S. Health

    Thursday Options Recap - Seekingalpha.com
    Economic data was back in focus Thursday. Stock index futures ticked a bit higher before the exchanges opened in New York after the Labor Department said that weekly jobless claims fell by 29,000 to 469,000 in the final week of February. Economists

    WRAPUP 2-TD Bank, Canadian Western profits surge, shares up - Reuters
    TORONTO, March 4 (Reuters) - Two more Canadian banks reported surging profits on Thursday, easily surpassing market expectations, and shares climbed as investors bet the sector had put the financial crisis behind it. Toronto-Dominion Bank ( TD.TO

    U.S. Health Secretary Presses Insurers Over Rates - Post Chronicle
    The Obama administration stepped up its pressure on health insurers on Thursday, calling on some of the top U.S. companies to be more public about “jaw-dropping” rate increases as Democrats make a final push for healthcare reform. U.S. Health

    Thursday Options Recap - Seekingalpha.com
    Economic data was back in focus Thursday. Stock index futures ticked a bit higher before the exchanges opened in New York after the Labor Department said that weekly jobless claims fell by 29,000 to 469,000 in the final week of February. Economists

    WRAPUP 2-TD Bank, Canadian Western profits surge, shares up - Reuters
    TORONTO, March 4 (Reuters) - Two more Canadian banks reported surging profits on Thursday, easily surpassing market expectations, and shares climbed as investors bet the sector had put the financial crisis behind it. Toronto-Dominion Bank ( TD.TO

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  • Filed under: spread trading
  • Mindspeed Technologies expects share offering to raise $18.3 million; priced at $7.25 each - Los Angeles Times
    NEWPORT BEACH, Calif. (AP) — Mindspeed Technologies Inc. said Thursday it has priced its offering of 2.52 million shares of common stock at $7.25 each. The company, which makes processors for use in networking equipment, said it expects to raise $18.3 million before underwriting fees. The offer is

    Benchmark Electronics to buy back $100M in stock - Forbes
    ANGLETON, Texas — Benchmark Electronics , which makes components for medical devices, computers, gauges and control gear, said Thursday that it will repurchase $100 million of its stock. The new program is in addition to the current share buyback of

    U.K. stocks drop as commodity-sector shares slide - Marketwatch
    The price action in global markets — risk-off, buy U.S. dollar dips — demonstrates a lack expecting a 2.89 billion pound average profit from the firm, according to data compiled by Dow Jones Newswires. Revenue climbed 17% to 14.12 billion

    CANADA STOCKS-TSX falls as commodity prices weaken - Reuters UK
    TORONTO, March 4 (Reuters) - Toronto’s main stock market index was modestly lower on Thursday morning as resource shares weakened on soft metal prices, offsetting gains in financial shares after Toronto-Dominion Bank ( TD.TO ) reported its quarterly

    More Business - San Francisco Chronicle
    Stocks ended Thursday with a moderate advance after managing only modest moves for much of the day. Investors seemed to set aside concerns about the day’s mixed economic reports and focus instead on the Labor Department’s jobs report, due Friday

    Asian Stocks Fluctuate; Mining Companies, Bank Shares Advance - Bloomberg
    The MSCI Asia Pacific Index was little changed at 120.83 as of 12:14 p.m. in Tokyo, after a four-day, 3.3 percent climb. It swung between gains and losses at least eight times. The gauge has fallen 4.7 percent from a 17-month high on Jan. 15 on

    Asia Shares Rise Cautiously on Greece Optimism - ABC News
    HONG KONG (Reuters) - Asian shares eked out gains and the euro extended its rise on Thursday after Greece announced fresh austerity measures to reduce its deficit and on data pointing to a rebound in the U.S. jobs market. Mining stocks were boosted

    Asian shares fall on Greece, global outlook - Reuters
    The share price indicator for Macquarie Group is seen in red on the Australian Stock Exchange (ASX) board in central Sydney February 9, 2010. Credit: Reuters/Daniel Munoz HONG KONG (Reuters) - Asian shares failed to hold on to their early gains on

    Mindspeed Technologies expects share offering to raise $18.3 million; priced at $7.25 each - Los Angeles Times
    NEWPORT BEACH, Calif. (AP) — Mindspeed Technologies Inc. said Thursday it has priced its offering of 2.52 million shares of common stock at $7.25 each. The company, which makes processors for use in networking equipment, said it expects to raise $18.3 million before underwriting fees. The offer is

    Benchmark Electronics to buy back $100M in stock - Forbes
    ANGLETON, Texas — Benchmark Electronics , which makes components for medical devices, computers, gauges and control gear, said Thursday that it will repurchase $100 million of its stock. The new program is in addition to the current share buyback of

    U.K. stocks drop as commodity-sector shares slide - Marketwatch
    The price action in global markets — risk-off, buy U.S. dollar dips — demonstrates a lack expecting a 2.89 billion pound average profit from the firm, according to data compiled by Dow Jones Newswires. Revenue climbed 17% to 14.12 billion

    CANADA STOCKS-TSX falls as commodity prices weaken - Reuters UK
    TORONTO, March 4 (Reuters) - Toronto’s main stock market index was modestly lower on Thursday morning as resource shares weakened on soft metal prices, offsetting gains in financial shares after Toronto-Dominion Bank ( TD.TO ) reported its quarterly

    More Business - San Francisco Chronicle
    Stocks ended Thursday with a moderate advance after managing only modest moves for much of the day. Investors seemed to set aside concerns about the day’s mixed economic reports and focus instead on the Labor Department’s jobs report, due Friday

    Asian Stocks Fluctuate; Mining Companies, Bank Shares Advance - Bloomberg
    The MSCI Asia Pacific Index was little changed at 120.83 as of 12:14 p.m. in Tokyo, after a four-day, 3.3 percent climb. It swung between gains and losses at least eight times. The gauge has fallen 4.7 percent from a 17-month high on Jan. 15 on

    Asia Shares Rise Cautiously on Greece Optimism - ABC News
    HONG KONG (Reuters) - Asian shares eked out gains and the euro extended its rise on Thursday after Greece announced fresh austerity measures to reduce its deficit and on data pointing to a rebound in the U.S. jobs market. Mining stocks were boosted

    Asian shares fall on Greece, global outlook - Reuters
    The share price indicator for Macquarie Group is seen in red on the Australian Stock Exchange (ASX) board in central Sydney February 9, 2010. Credit: Reuters/Daniel Munoz HONG KONG (Reuters) - Asian shares failed to hold on to their early gains on

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  • Filed under: stocks shares
  • US STOCKS-Futures higher on signs of Greek debt progress - CNN Money
    * NEW YORK (Reuters) - U.S. stock index futures rose Tuesday, a day after the S&P 500 moved into positive territory for 2010, as Greece appeared to be making progress toward a resolution on aid from the European Union. * The European Commission said
    Source: money.cnn.com

    US STOCKS-Futures edge higher ahead of jobless claims data - CNN Money
    NEW YORK (Reuters) - U.S. stock index futures ticked higher Thursday as retailers posted better-than-expected sales for February and as investors awaited the latest data on the labor and housing markets. Weekly initial jobless claims are expected to
    Source: money.cnn.com

    U.S.-Indonesia Relations: Build for Endurance, Not Speed - The Heritage Foundation
    Abstract: The relationship between America and Indonesia can and should expand far beyond its current level. There are critical interests around which the two countries can build a strong, mutually beneficial partnership, such as trade
    Source: www.heritage.org

    Government energy report says US natural gas levels still above 5-year - Stockhouse
    NEW YORK - Natural gas prices tumbled Thursday after the government said supplies dropped less than expected last week. Natural gas, which is used to heat homes and power energy generators, has been in heavy use most of the winter as storms covered
    Source: www.stockhouse.com

    Molecule could be used to cleanup Chernobyl and make future plants - DailyTech
    Mercouri Kanatzidis, a scientist at the U.S. Department of Energy’s (DOE) Argonne National Laboratory , and Nan Ding, a chemist at Northwestern University, have discovered a little molecule that may make a big difference in the nuclear power debate
    Source: www.dailytech.com

    US STOCKS-Futures higher on signs of Greek debt progress - CNN Money
    * NEW YORK (Reuters) - U.S. stock index futures rose Tuesday, a day after the S&P 500 moved into positive territory for 2010, as Greece appeared to be making progress toward a resolution on aid from the European Union. * The European Commission said
    Source: money.cnn.com

    US STOCKS-Futures edge higher ahead of jobless claims data - CNN Money
    NEW YORK (Reuters) - U.S. stock index futures ticked higher Thursday as retailers posted better-than-expected sales for February and as investors awaited the latest data on the labor and housing markets. Weekly initial jobless claims are expected to
    Source: money.cnn.com

    U.S.-Indonesia Relations: Build for Endurance, Not Speed - The Heritage Foundation
    Abstract: The relationship between America and Indonesia can and should expand far beyond its current level. There are critical interests around which the two countries can build a strong, mutually beneficial partnership, such as trade
    Source: www.heritage.org

    Government energy report says US natural gas levels still above 5-year - Stockhouse
    NEW YORK - Natural gas prices tumbled Thursday after the government said supplies dropped less than expected last week. Natural gas, which is used to heat homes and power energy generators, has been in heavy use most of the winter as storms covered
    Source: www.stockhouse.com

    Molecule could be used to cleanup Chernobyl and make future plants - DailyTech
    Mercouri Kanatzidis, a scientist at the U.S. Department of Energy’s (DOE) Argonne National Laboratory , and Nan Ding, a chemist at Northwestern University, have discovered a little molecule that may make a big difference in the nuclear power debate
    Source: www.dailytech.com

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  • Filed under: us futures
  • New Hope Natural Media Joins Forces with the Organic Trade Association - Businesswire.com
    BOULDER, Colo.–( BUSINESS WIRE )–New Hope Natural Media, a division of Penton Media Inc., today announced a new partnership with the Organic Trade Association. Under the agreement, Penton will acquire the All Things Organic™ trade show. New Hope

    Business news briefs - Lansing State Journal
    LOS ANGELES - Robert A. Lutz, an outspoken and colorful industry veteran who has worked for all of the major American car companies, said Wednesday he will retire May 1 from his post as the vice chairman of General Motors Co., ending a 47-year career

    Dallas Morning News Business section honored - Dallas Morning News
    The Dallas Morning News’ Business section has been named one of the nation’s best among large newspapers by the Society of American Business Editors and Writers. In addition, the organization of professional business journalists gave top honors to

    New Orleans Business News - New Orleans Times-Picayune
    The U.S. Senate resurrected the National Flood Insurance Program for 30 days on Tuesday night, reinstating coverage for for thousands of homeowners in the New Orleans area. But the approval was not retroactive, so any policyholder that may have

    United Airlines Names New Vice President – Human Resources - Businesswire.com
    CHICAGO–( BUSINESS WIRE )–UAL Corporation, parent company of United Airlines, announced today that it has named Dana Sacks vice president – Human Resources Partners and Talent Acquisition. Sacks will be responsible for leading the HR support team

    New Hope Natural Media Joins Forces with the Organic Trade Association - Businesswire.com
    BOULDER, Colo.–( BUSINESS WIRE )–New Hope Natural Media, a division of Penton Media Inc., today announced a new partnership with the Organic Trade Association. Under the agreement, Penton will acquire the All Things Organic™ trade show. New Hope

    Business news briefs - Lansing State Journal
    LOS ANGELES - Robert A. Lutz, an outspoken and colorful industry veteran who has worked for all of the major American car companies, said Wednesday he will retire May 1 from his post as the vice chairman of General Motors Co., ending a 47-year career

    Dallas Morning News Business section honored - Dallas Morning News
    The Dallas Morning News’ Business section has been named one of the nation’s best among large newspapers by the Society of American Business Editors and Writers. In addition, the organization of professional business journalists gave top honors to

    New Orleans Business News - New Orleans Times-Picayune
    The U.S. Senate resurrected the National Flood Insurance Program for 30 days on Tuesday night, reinstating coverage for for thousands of homeowners in the New Orleans area. But the approval was not retroactive, so any policyholder that may have

    United Airlines Names New Vice President – Human Resources - Businesswire.com
    CHICAGO–( BUSINESS WIRE )–UAL Corporation, parent company of United Airlines, announced today that it has named Dana Sacks vice president – Human Resources Partners and Talent Acquisition. Sacks will be responsible for leading the HR support team

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  • Filed under: business news
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