Thursday, January 20, 2011

Business News -20 January 2011

  • Wal-Mart promises to sell healthy food
    Thu, 20 Jan 2011 07:06:09 -0800
    Wal-Mart, with the help of First Lady Michelle Obama, vowed Thursday to start selling healthier food.
  • Weinstein: How Truthful Must Steve Jobs Be?
    Thu, 20 Jan 2011 07:05:19 -0800
  • Stocks edge lower at the open
    Thu, 20 Jan 2011 07:02:09 -0800
    U.S. stocks fell at the opening bell Thursday, following stronger reading on China's economic growth and ahead of the latest domestic reports on housing and manufacturing.
  • Easyjet hit by higher fuel costs
    Thu, 20 Jan 2011 07:02:00 -0800
    Shares in Easyjet sink more than 13% after the budget airline warns higher fuel costs could double half-year losses.
  • A Big Milestone In Fuel Cell Deployment
    Thu, 20 Jan 2011 07:00:00 -0800
    Bloom Energy's CEO KR Sridhar on a new leasing model which could lead to mass adoption.
  • Clearing the Path for Learning
    Thu, 20 Jan 2011 06:57:44 -0800
    Our education system is built to measure and reward the wrong end of the student. Rather than measu
  • Dozens of Mafia Members Arrested in Organized-Crime Crackdown
    Thu, 20 Jan 2011 06:50:13 -0800
    More than 100 suspected Mafia members and associates were arrested in at least three states in a crackdown on organized crime, according to the Federal Bureau of Investigation and prosecutors in New York.
  • Emergency Medical Said to Get Bids From Private-Equity Firms
    Thu, 20 Jan 2011 06:44:04 -0800
    Emergency Medical Services Corp., a U.S. ambulance company, has drawn offers from at least four private-equity firms as the sale process moves toward second- round bids early next month, said three people with knowledge of the matter.
  • Stocks, Commodities Drop on China Concern; Dollar Strengthens
    Thu, 20 Jan 2011 06:43:01 -0800
    Stocks fell, with the benchmark index for emerging markets sliding the most in almost two months, and copper dropped as China’s accelerating economy fanned concern interest rates will rise. The dollar rose and Treasuries slipped.
  • US stocks open lower despite jobs data
    Thu, 20 Jan 2011 06:42:35 -0800
    US stocks declined in early trade on Thursday despite positive jobs data as commodity prices declined on concerns that China may need to further tighten monetary policy to tame inflation.
  • Morgan Stanley Cuts Investment Bank Pay Pool 2 Percent in 2010
    Thu, 20 Jan 2011 06:41:59 -0800
    Morgan Stanley, owner of the world’s largest brokerage, cut the investment bank’s compensation pool 2 percent last year to $7.08 billion, decreasing the share of revenue used to reward employees.
  • U.S. Stocks Drop as China Rate Concern Offsets Jobless Claims
    Thu, 20 Jan 2011 06:40:03 -0800
    U.S. stocks fell, with the Standard & Poor’s 500 Index dropping a second day, as concern interest rates will rise in China weighed on commodity producers, overshadowing a bigger-than-expected drop in jobless claims.
  • Wall St opens lower on China worries
    Thu, 20 Jan 2011 06:39:24 -0800
    NEW YORK (Reuters) - Stocks fell on Thursday as worries that China's rapid economic growth may lead to more aggressive measures to tackle inflation offset encouraging U.S. labor market data.

  • Stocks Churn On Morgan Stanley Profit, Jobless Claims
    Thu, 20 Jan 2011 06:35:00 -0800
    Investment bank reports sharply improved fourth quarter, weekly unemployment filings decline.
  • The Next Urban Challenge ??? And Opportunity
    Thu, 20 Jan 2011 06:34:39 -0800
    Cities are facing an existential crisis. How they can bounce back.
  • Gold drops starkly after Chinese data rattles commodities
    Thu, 20 Jan 2011 06:30:50 -0800
    Gold fell like a stone on Thursday, following three days of gains, and ignored a recovery in the euro as investment demand waned. Spot gold fell over $20 to $1,348.55 an ounce by 1426 GMT.
  • Morgan Stanley sees profits jump
    Thu, 20 Jan 2011 06:30:24 -0800
    US bank Morgan Stanley reports a 60% jump in fourth-quarter profit, helped by rising revenue in its retail brokerage business.
  • Cowen Calls Election for March 11 After Reshuffle Thwarted
    Thu, 20 Jan 2011 06:29:15 -0800
    Irish Prime Minister Brian Cowen will hold national elections on March 11, after his coalition partners thwarted his plan to appoint new ministers.
  • Commodity Currencies Drop on Speculation China Will Raise Rates
    Thu, 20 Jan 2011 06:27:27 -0800
    Currencies of commodity-exporting countries fell versus the dollar as speculation increased that China will take more measures to cool economic growth, curbing appetite for raw materials.
  • Amazon Confirms Deal To Buy Lovefilm, The European Netflix
    Thu, 20 Jan 2011 06:24:18 -0800
    In a sign that Netflix (NFLX) could gain some new company in the streaming video business,
  • F5 Tumble Contagious; Networking Stocks Fall
    Thu, 20 Jan 2011 06:21:50 -0800
    F5 Networks (FFIV) shares are poised for a huge sell-off this morning, after just slightly disappoin
  • Gap's On Sale
    Thu, 20 Jan 2011 06:12:55 -0800
    Shares of the Gap should appeal to bargain-hunters.
  • Wendy’s may dispose of Arby’s
    Thu, 20 Jan 2011 06:10:29 -0800
    Wendy's/Arby's Group Inc. (NYSE: WEN) shares surging almost 7 percent in pre-market trading after the company said it may sell of its struggling Arby's business and focus more on its Wendy's hamburger chain.
  • UnitedHealth quarterly profit tops Wall St views
    Thu, 20 Jan 2011 06:09:03 -0800
    NEW YORK (Reuters) - UnitedHealth Group Inc posted a higher-than-expected fourth-quarter profit, helped by moderating use of medical services by its members and enrollment growth across its health...

  • Arby's chain up for sale as focus put on Wendy's
    Thu, 20 Jan 2011 06:06:41 -0800
    NEW YORK (Reuters) - Wendy's/Arby's Group plans to sell its struggling Arby's roast beef sandwich chain to focus on the Wendy's hamburger business, which top shareholder Nelson Peltz expects to be...

  • Morgan Stanley profit jumps; Smith Barney pays off
    Thu, 20 Jan 2011 06:05:47 -0800
    NEW YORK (Reuters) - Morgan Stanley said fourth-quarter shareholder profit surged 60 percent as rising fees from retail brokerage offset the weak fixed-income trading results that have marred bank...

  • Jobless claims fall more than expected
    Thu, 20 Jan 2011 06:04:42 -0800
    WASHINGTON (Reuters) - U.S. claims for initial jobless benefits last week posted their biggest decline in nearly a year, erasing a holiday-related spike to show a trend toward a healthier labor...

  • Jobless claims drop signals labor improvement
    Thu, 20 Jan 2011 06:02:26 -0800
    The number of Americans filing for initial unemployment benefits tumbled last week, the government reported Thursday, resuming a downward trend that could signal an improved job picture.
  • Wal-Mart set to unveil healthier food options
    Thu, 20 Jan 2011 05:57:29 -0800
    CHICAGO (Reuters) - Wal-Mart Stores Inc is headed to Washington to unveil its plan to promote healthier and more affordable food options at its stores.

  • US futures pare losses after jobs data
    Thu, 20 Jan 2011 05:53:43 -0800
    Futures on major U.S. indices pared earlier losses and point to modestly lower opening on Thursday after the Department of Labor reported that weekly jobless claims fell sharply last week.
  • Morgan Stanley shares up in pre-market on robust Q4 earnings
    Thu, 20 Jan 2011 05:45:46 -0800
    Shares of Morgan Stanley (NYSE: MS) are up in pre-market trading after the company reported a 60 percent increase in fourth quarter earnings, driven by strong investment banking results.
  • Special Report: A wing and a prayer: outsourcing at Boeing
    Thu, 20 Jan 2011 05:43:23 -0800
    EVERETT, Washington (Reuters) - On a blustery and drizzly December afternoon in the Pacific Northwest, about 20 airplanes sat engineless and inert near the runway at a Boeing manufacturing plant....

  • Think Twice Before Becoming a Co-trustee of a Family Trust
    Thu, 20 Jan 2011 05:41:24 -0800
    Imagine your entire extended family angry with you, emotionally charged about their parent's money.
  • Pre-Market NASDAQ Movers
    Thu, 20 Jan 2011 05:35:35 -0800
    The top pre-market NASDAQ stock market gainers are: Radvision, Cytori Therapeutics, Allos Therapeutics, Pharmaceutical Product Development, ICAgen, and eBay. The top pre-market NASDAQ stock market losers are: MannKind, F5 Networks, Riverbed Technology, Isle of Capri Casinos, and Skyworks Solutions.
  • Postcode lottery for home care
    Thu, 20 Jan 2011 05:34:24 -0800
    Elderly people are paying significantly different charges for home care depending on where they live, according to new research.
  • Reader wins £1,800 after Jessica's help
    Thu, 20 Jan 2011 05:24:13 -0800
    Many readers complain that the financial institutions that are keen to take their money are less willing to answer legitimate questions. Jessica Gorst-Williams is here to help
  • MannKind Beconds Poster Child For Dangers Of FDA Secrecy
    Thu, 20 Jan 2011 05:23:04 -0800
    Communications from the FDA to companies should be made automatically public.
  • EU probing carbon trading thefts
    Thu, 20 Jan 2011 05:21:43 -0800
    All carbon trading in Europe is halted as the European Commission investigates thefts of emissions permits.
  • Easyjet predicts half year loss
    Thu, 20 Jan 2011 05:20:19 -0800
    Shares in Easyjet sink more than 13% after the budget airline warns higher fuel costs could double half-year losses.
  • Investment advice: Rathbone's faith in Recovery
    Thu, 20 Jan 2011 05:17:04 -0800
    Rathbone's Marina Bond: how to achieve the best returns from the UK.
  • Pre-Market Earnings on Jan. 20
    Thu, 20 Jan 2011 05:14:29 -0800
    The companies that reported earnings before the markets open on Thursday are: Morgan Stanley, Union Pacific, UnitedHealth Group Inc., Johnson Controls, Parker Hannifin, Southwest Airlines, Rockwell Collins and Huntington Bancshares.
  • Spain readying fresh bank funding plan: government sources
    Thu, 20 Jan 2011 05:12:10 -0800
    MADRID (Reuters) - Spain's government is finalizing plans to raise fresh funds for its troubled savings banks, officials said, as its efforts to force the country's regional administrations to cut...

  • Five Emotions Invented By The Internet
    Thu, 20 Jan 2011 05:09:18 -0800
    We are not machines, and our time spent online can leave us feeling mechanized, empty and worn
  • 10 most popular LoveFilm movies
    Thu, 20 Jan 2011 04:28:03 -0800
    Amazon, the US online retailer, is to buy the 58pc of LoveFilm, the British company that rents DVDs and games, that it does not already own. Here are the ten most popular films on Lovefilm.
  • JCT Summarizes Federal Estate and Gift Taxes From 1975-2011
    Thu, 20 Jan 2011 04:14:40 -0800
    On January 18, 2011, the Joint Committee on Taxation (JCT) issued Present Law And Historical Overvie

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