Monday, September 26, 2011

Business News -26 september 2011


  • Banks rally on rescue deal hopes
    Mon, 26 Sep 2011 05:44:33 -0700
    European stock markets remain volatile, with bank shares up and commodity prices down, on hopes that policymakers can stabilise the eurozone debt crisis.
  • Banks Prepare for Greek Default, Want EU Help
    Mon, 26 Sep 2011 05:44:26 -0700
    Bankers are bracing for a Greek default, and their best hope is that Europe can erect firewalls around the banking system strong enough and soon enough to prevent it from spreading to other euro-zone countries.
  • Range-Bound Crown Castle Short Strangled
    Mon, 26 Sep 2011 05:43:49 -0700
  • Range-Bound Crown Castle Short Strangled
    Mon, 26 Sep 2011 05:43:49 -0700
    If you?ve been following wireless infrastructure specialist Crown Castle International (CCI) this year, you know that the shares have gone nowhere fast. In fact, CCI has remained largely range-bound between the $35 and $45 levels since August 2010. But while this sidling price action may be an issue for stock investors, options traders have a ...
  • Mr. Buffett's Secretary is One of "Them"
    Mon, 26 Sep 2011 05:42:40 -0700
  • Mr. Buffett's Secretary is One of "Them"
    Mon, 26 Sep 2011 05:42:40 -0700
    Much hay has been made over the statement by our President about how Warren Buffett pays a far lower rate of tax than does his secretary.?? Ever since the original quote was made by the President a few days ago, lots of folks have spent a lot of time working through this example and trying ...
  • AMD: UBS Ups To Buy Rating
    Mon, 26 Sep 2011 05:39:57 -0700
    UBS chip analyst Uche Orji this morning raised his rating on Advanced Micro Devices to Buy from Neutral, with a new price target of $9, up from $7. The stock closed Friday at $6.17. The analyst offers five reasons for the more upbeat view: Asia checks show a ?resilient? desktop PC market which should benefit ...
  • The Wallet Allocation Rule and Your Brand
    Mon, 26 Sep 2011 05:35:46 -0700
    I received a pre-release copy of ?Customer Loyalty Isn?t Enough. Grow Your Share of Wallet,? which will appear in the October 2011 issue of the Harvard Business Review. The article was written, and researched by Timothy L. Keiningham, Lerzan Aksoy, Alexander Buoye and Bruce Cooil. Timothy is the global chief strategy officer and an executive ...
  • Futures rise on optimism over Europe moves
    Mon, 26 Sep 2011 05:33:40 -0700
    NEW YORK (Reuters) - Stock index futures rose on Monday on hopes European policymakers were putting together new measures to help ease the region's debt crisis, but the lack of clarity on their potential effectiveness was seen keeping markets volatile.

  • Shutdown looms in Congress' FEMA funding spat
    Mon, 26 Sep 2011 05:33:03 -0700
    The standoff continues Monday between the House and the Senate over emergency funding, which is holding up a short-term spending measure to keep government running into the new fiscal year that begins this weekend.
  • Technology's Continuing Struggle to Disrupt Higher Ed
    Mon, 26 Sep 2011 05:30:57 -0700
    Measuring actual student learning outcomes is the next frontier for educational innovators.
  • Under Fire, Europe Works to Bolster Debt Crisis Fund
    Mon, 26 Sep 2011 05:26:51 -0700
    European policymakers began working on new ways to stop fallout from Greece's near-bankruptcy from inflicting more damage on the world economy after stinging criticism for failing to stem the debt crisis.
  • HOPE FOR RESOLUTION
    Mon, 26 Sep 2011 05:25:55 -0700
    U.S. stocks were set to open higher Monday, as finance ministers around the globe try to get a grip on the European debt crisis.
  • Flying Robots Use Their Powers to Dance
    Mon, 26 Sep 2011 05:22:26 -0700
    A student at the Flying Machine Arena has choreographed dance moves for flying robots.
  • Building Authentic Relationships in the Workplace
    Mon, 26 Sep 2011 05:19:21 -0700
    I thought this was just what people did at work. They acted. They didn't show themselves because that would be weak. They didn't make real connections with people because they would never take you seriously again. They never, ever showed their human side.
  • Gold pares some losses but hurt by dash for cash
    Mon, 26 Sep 2011 05:18:06 -0700
    LONDON (Reuters) - Gold pared some of Monday's losses by midday in Europe but was still on course for its largest monthly slide in three years, as investors scrambled for cash in the face of mounting fear over the impact of a potential Greek debt default.

  • UBS CEO Oswald Gruebel resigns
    Mon, 26 Sep 2011 05:17:05 -0700
    The chief executive of UBS Group resigned Saturday in the wake of a staggering $2.3 billion loss on unauthorized trades at the Swiss bank.
  • Under fire, Europe works to bolster debt crisis fund
    Mon, 26 Sep 2011 05:16:56 -0700
    WASHINGTON (Reuters) - European policymakers began working on new ways to stop fallout from Greece's near-bankruptcy from inflicting more damage on the world economy after stinging criticism for failing to stem the debt crisis.

  • Retailers warn euro crisis hitting consumers
    Mon, 26 Sep 2011 05:16:04 -0700
    BERLIN (Reuters) - The euro zone debt crisis is sapping consumer confidence and if policymakers do not take effective action soon the consequences will be felt the world over, retail executives warned on Monday.

  • Netflix edges out HBO for Dreamworks deal: report
    Mon, 26 Sep 2011 05:14:34 -0700
    LOS ANGELES (Reuters) - Netflix Inc has won a deal to pipe Dreamworks Animation movies starting in 2013, the first time a major Hollywood studio has chosen Internet streaming over traditional pay TV, The New York Times reported on Sunday.

  • Boeing says Japan could produce F-18 under license
    Mon, 26 Sep 2011 05:13:56 -0700
    TOKYO (Reuters) - U.S. planemaker Boeing said local defense contractors might build F/A 18 Super Hornets under license if Japan chose to buy the next-generation fighter jet.

  • ECB Said to Consider Restarting Covered-Bond Purchases
    Mon, 26 Sep 2011 05:09:03 -0700
    European Central Bank policy makers are likely to next week debate restarting their covered-bond purchases along with further measures to ease monetary conditions, a euro-region central bank official said.
  • Nestle Borrows at 4-Year Low as KitKat Maker Favored in Crisis
    Mon, 26 Sep 2011 05:09:02 -0700
    Nestle SA, the world’s biggest food company, won the lowest rate on a European company loan in four years amid speculation larger companies are better able to withstand a stagnant economy.
  • Warren Buffett ups stake in Tesco
    Mon, 26 Sep 2011 05:07:18 -0700
    Tesco's chief executive Phil Clarke has been given a boost by one of his most important shareholders, Warren Buffett, increasing his stake.

  • Viceroy, Dodgers, NewPage, Solyndra, Windstar: Bankruptcy
    Mon, 26 Sep 2011 05:06:05 -0700
    The reorganization of the Viceroy Anguilla Resort and Residences on Anguilla in the British West Indies, which seemed near completion a week ago, could end in dismissal and failure at an Oct. 3 hearing.
  • Zapatero Calls Election as Polls Give Opposition Record Lead
    Mon, 26 Sep 2011 05:05:03 -0700
    Spanish Prime Minister Jose Luis Rodriguez Zapatero called early elections as polls show voters will ditch his Socialist party over its handling of the debt crisis in favor of opposition pledges of jobs and tax breaks.
  • SEC mulls charges against McGraw Hill in CDO case
    Mon, 26 Sep 2011 05:01:43 -0700
    (Reuters) - McGraw-Hill Cos Inc said U.S. regulators may charge its Standard & Poor's ratings unit with violating federal securities laws with ratings on a repackaged mortgage bond in 2007.

  • U.S. Stock Futures Advance; Dow Average May Rebound From Losses
    Mon, 26 Sep 2011 05:01:04 -0700
    U.S. stock futures rallied, indicating the Dow Jones Industrial Average may rebound from the biggest weekly decline since October 2008, as investors weighed policy makers’ response to Europe’s debt crisis.
  • Can Apple Overcome China's Voracious Demand?
    Mon, 26 Sep 2011 05:00:50 -0700
  • AdVoice: Can Apple Overcome China's Voracious Demand?
    Mon, 26 Sep 2011 05:00:50 -0700
    Has Apple become too popular for its own good in China, Hong Kong, and Taiwan? By any measure, Apple's retail stores have been phenomenally successful in pumping up the company's brand, driving revenue, and reinforcing the uniqueness of the Apple experience, and nowhere in the world is that more evident than in the massive Chinese ...
  • Futures Jump on Optimism Over Europe Moves
    Mon, 26 Sep 2011 04:58:12 -0700
    Stock index futures rose on Monday on hopes policymakers were putting together new measures to help ease Europe's debt crisis, though the lack of clarity on their effectiveness was expected to keep markets volatile.
  • Cost of Living Extremely Well Index: The Price of Living Large Is Up
    Mon, 26 Sep 2011 04:57:38 -0700
    The goods and services tracked in this article are not life?s essentials?even for the ultra-wealthy. Home, family, health and one?s occupation are far more important. Yet our tracking of the price fluctuations of items that are affordable only to those with very substantial means provides a useful barometer of economic forces at the top end ...
  • The Long March to Red Tape Utopia
    Mon, 26 Sep 2011 04:56:09 -0700
    Politicians have promised less regulation and better law making for decades

  • European Stocks, U.S. Index Futures Rise as Euro Pares Declines
    Mon, 26 Sep 2011 04:45:02 -0700
    European stocks and U.S. index futures rose, reversing earlier declines, while the euro pared losses as finance chiefs including U.S. Treasury Secretary Timothy F. Geithner urged more efforts to solve the debt crisis. Copper, gold and silver led commodities lower.
  • Euro Weakens to Decade Low Versus Yen on European Debt Concerns
    Mon, 26 Sep 2011 04:40:02 -0700
    The euro fell to a decade low against the yen on speculation European policy makers are struggling to resolve the debt crisis as economic growth slows, damping demand for the region’s assets.
  • German business sentiment 'falls'
    Mon, 26 Sep 2011 04:39:34 -0700
    German business sentiment falls for the third month in a row, a survey indicates, but the decline was less than expected.
  • Boardwalk Empire Inspires Prohibition Era Themed Cocktails
    Mon, 26 Sep 2011 04:37:09 -0700
    Last year Boardwalk Empire splashed onto the scene.?? Directed by Martin Scorsese the premiere episode was the most expensive pilot in television history and single handedly brought prohibition back en vogue.?? With last night?s season premiere TravelsinTaste sought out some of the more interesting prohibition inspired cocktails for your perusal - no secret password required! ...
  • Aberdeen Asset haemorrhages £8.9bn in volatile markets
    Mon, 26 Sep 2011 04:29:19 -0700
    Aberdeen Asset Management has haemorrhaged £8.9bn in the last two months as "volatile global markets" and the euro crisis have wrought havoc on the cash managed by the fund manager.

  • Eurozone rescue plan 'emerging'
    Mon, 26 Sep 2011 04:19:32 -0700
    The outline of a large and ambitious eurozone rescue plan is taking shape, reports from the International Monetary Fund in Washington suggest.
  • Morning business round-up
    Mon, 26 Sep 2011 04:09:46 -0700
    What made the business news in Asia and Europe this morning? Read our daily business round-up to find out.
  • Google Launches The Ultimate Jobs Killer
    Mon, 26 Sep 2011 03:59:03 -0700
  • Google Launches The Ultimate Jobs Killer
    Mon, 26 Sep 2011 03:59:03 -0700
    Google, can you once again come to our rescue with some type of groundbreaking technology that will change all of this? Oh, you have? And it's called Google Wallet? And you just launched it last week? And it will not only save me (the tired consumer) time, but it will help me (the tired small business owner) eliminate lots of unproductive jobs too? Perfect!
  • Meet the top app makers of 2011
    Mon, 26 Sep 2011 03:57:49 -0700
    You may not know all their names, but you've likely fooled around with their software. Meet the powerhouses raking it in selling those byte-sized apps.
  • Red tape school report: 'could do better'
    Mon, 26 Sep 2011 03:56:40 -0700
    The Government has made the process of law making more robust but has yet to stem the flow of new costly regulations on business

  • Samsung's legal woes threaten to crimp tablets, chips
    Mon, 26 Sep 2011 03:55:29 -0700
    SEOUL (Reuters) - An intensifying legal battle between Samsung Electronics Co and Apple Inc is expected to crimp growth at one of the fastest growing businesses of the Korean company, while threatening to worsen business ties with the firm's largest customer.

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