EU finance chief heads to Athens Monday
EU finance chief Olli Rehn heads to Athens Monday for talks about Greek austerity plan ap On Sunday February 28, 2010, 7:28 pm EST BRUSSELS (AP) — The EU’s financial affairs chief is traveling to Athens to hold discussions with Greek officials on their country’s debt crisis and efforts to enact painful austerity measures to [...]
read moreGermany's Merck buying Millipore for $6B plus debt
German drug maker Merck KGaA to buy US biotech equipment maker Millipore for $6B plus debt ap The Associated Press, On Sunday February 28, 2010, 8:02 pm EST BILLERICA, Mass. (AP) — Germany’s Merck KGaA said Sunday that it will pay $6 billion in cash to buy U.S. biotech equipment maker Millipore Corp. in a [...]
read moreOilman Pickens Loads Up on Energy Names
indieresearch the tickerspy.com Staff, On Thursday February 18, 2010, 8:45 am Legendary oilman T. Boone Pickens is still pushing plans to reduce dependence on foreign oil, though his focus has shifted more and more towards natural gas over wind power, where his efforts have hit some speed bumps. Most recently, Pickens has been supporting legislation [...]
read moreU.S. dollar strengthens; gold dips on IMF sale
On Thursday February 18, 2010, 3:10 am EST By Kevin Plumberg HONG KONG (Reuters) – The U.S. dollar rose against the euro on Thursday as poor growth prospects and Greece’s fiscal deterioration hounded the euro zone single currency, while gold slid after the International Monetary Fund said it would sell more of its bullion holdings. [...]
read moreWal-Mart profit rises 22 percent for 4Q
4Q profit rises 22 percent, but key sales measure falls for 3rd straight quarter Anne D’Innocenzio, AP Retail Writer, On Thursday February 18, 2010, 8:14 am NEW YORK (AP) — Wal-Mart Stores Inc. reported a 22 percent increase in its fourth-quarter profit as the world’s largest retailer cut costs and slimmed down its inventories. But [...]
read moreRHXI Alert: Financial Services and Penny Stocks
One of the lessons of the financial crisis that cannot be ignored from a penny stock investor’s perspective is that for far too long investing in the financial sector meant investing in a limited number of companies. There is not a wide selection of penny stock picks in this sector, so for many small cap [...]
read moreBernanke: Too big to fail
fortune By Colin Barr, senior writer , On Tuesday January 26, 2010, 11:12 am EST Just a year after he unleashed a flood of dollars in a bid to prevent a second Great Depression, Ben Bernanke’s job is on the line. More than a dozen senators have said they will oppose the Fed chairman’s reappointment [...]
read moreStocks climb as consumer confidence rises
Stocks turn higher as consumer confidence reaches highest level in more than a year ap By Stephen Bernard and Tim Paradis, AP Business Writers , On Tuesday January 26, 2010, 2:35 pm NEW YORK (AP) — The stock market rebounded from an early slide Tuesday as stronger consumer confidence boosted hopes for the economy. Stocks [...]
read moreStocks recover as Bernanke's prospects improve
Stocks stabilize as hopes improve for Bernanke’s reappointment, break worst slide since March ap By Stephen Bernard and Tim Paradis, AP Business Writers , On Monday January 25, 2010, 1:34 pm NEW YORK (AP) — Stocks are recovering Monday from last week’s bruising as prospects brightened that Federal Reserve Board Chairman Ben Bernanke would be [...]
read moreEconomic survey: Slow recovery continues
Forecasters say businesses expect to boost hiring and capital spending in the 2010 1st half ap By Mae Anderson, AP Retail Writer , On Monday January 25, 2010, 12:32 pm EST NEW YORK (AP) — Businesses expect to boost hiring and capital spending in the first half of the year as the U.S. recovery from [...]
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