Your Financial Advice

tag:blogger.com,1999:blog-35218023035063221452011-11-27T18:43:34.515-05:00Your Financial AdviceFinancial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comBlogger14991100tag:blogger.com,1999:blog-3521802303506322145.post-49162874479703056962009-09-29T05:44:00.001-04:002009-09-29T05:44:49.053-04:00Japan's Deflation Deepens as Prices Fall Record 2.4%.

Japan's Deflation Deepens as Prices Fall Record 2.4%.Japan's consumer prices fell at a record pace in August, heightening the risk that prolonged deflation may hamper the country's recovery from its deepest postwar recession.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-74961277969956216292009-09-29T05:43:00.000-04:002009-09-29T05:44:06.942-04:00Broker accused in SEC complaint of luring elderly into Ponzi scheme.

Broker accused in SEC complaint of luring elderly into Ponzi scheme.Detroit-area stockbroker Frank Bluestein is accused of luring elderly investors into refinancing their mortgages and using the equity in their homes to invest in what ended up being a $250-million Ponzi scheme, in a complaint filed ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-10179684389153825302009-09-29T05:42:00.002-04:002009-09-29T05:43:28.861-04:00Treasuries Fall, End 5-Day Gain, Before Confidence, Output Data.

Treasuries Fall, End 5-Day Gain, Before Confidence, Output Data.Treasuries fell for the first time in a week before industry reports that economists said will show consumer confidence improved and manufacturing expanded.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-33060380543981373532009-09-29T05:42:00.001-04:002009-09-29T05:42:57.045-04:00Tech retailer Newegg plans $175-million IPO.

Tech retailer Newegg plans $175-million IPO.With the market for initial public offerings heating up, online tech retailer Newegg.com is looking to cash in. The fast-growing City of Industry company, which sells computers, software and consumer electronics, filed Monday to sell as ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-25659533203914639822009-09-29T05:40:00.002-04:002009-09-29T05:42:09.206-04:00Abbott Continues Acquisition Streak With Solvay Deal.

Abbott Continues Acquisition Streak With Solvay Deal.Abbott Laboratories' (ABT) $6.6 billion purchase of Solvay SA's (SVYSY) drug business continues a busy stretch of acquisitions for Abbott and bolsters the company's reputation of looking outside the company for growth.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-23427771122512219552009-09-29T05:40:00.001-04:002009-09-29T05:40:35.090-04:00Corn May Advance on Lagging US Harvest, Reduced Argentina Crop.

Corn May Advance on Lagging US Harvest, Reduced Argentina Crop.Corn, little changed, may advance as the US harvest fell behind the pace of recent years because planting delays in May and below-normal temperatures in July and August slowed crop development.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-66622875892613146592009-09-29T05:38:00.001-04:002009-09-29T05:38:53.179-04:00Starbucks Sells Via Instant Coffee at Barnes & Noble, Marriott.

Starbucks Sells Via Instant Coffee at Barnes & Noble, Marriott.Starbucks Corp., the world's largest coffee shop operator, is expanding its Via Ready Brew to hundreds of new locations throughout the US, including Barnes & Noble Inc. bookstores and Marriott International ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-69666318083554404692009-09-29T05:37:00.002-04:002009-09-29T05:38:13.981-04:00US Stocks Higher As M&A Pick-Up Boost Confidence; DJIA Up 125.

US Stocks Higher As M&A Pick-Up Boost Confidence; DJIA Up 125.A fresh round of corporate deal making on Monday helped lead to broad-based gains for stocks, which are closing in on the best quarterly climb in more than 10 years.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-78582113800832926362009-09-29T05:37:00.001-04:002009-09-29T05:37:40.337-04:00Sequenom's Down Syndrome Test Faces Delays After CEO Dismissal.

Sequenom's Down Syndrome Test Faces Delays After CEO Dismissal.Sequenom Inc.'s planned launch of a prenatal test for Down syndrome may be delayed by more than a year after a finding that research data gathered to develop the screen was mishandled.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-71337944759470023752009-09-29T05:36:00.002-04:002009-09-29T05:37:07.942-04:00UBS Bd Members Marchionne, Voser To Leave Bank.

UBS Bd Members Marchionne, Voser To Leave Bank.UBS AG (UBS) Tuesday said that board members Sergio Marchionne and Peter Voser will leave the bank next year, citing the two managers' busy schedules at their own companies.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-64724285859800715192009-09-29T05:36:00.001-04:002009-09-29T05:36:34.485-04:00Hedge Funds Reborn.

Hedge Funds Reborn.Hedge fund managers (and would-be hedge fund managers) may finally have reason to celebrate this year -- new fund launches are on the rise.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-15123956259146272232009-09-29T05:35:00.002-04:002009-09-29T05:36:05.311-04:00Janvey Stops Stanford 'End Run' to Tap Lloyd's Coverage in UK.

Janvey Stops Stanford 'End Run' to Tap Lloyd's Coverage in UK.R. Allen Stanford's court-appointed receiver persuaded a US judge to block the accused Ponzi scheme mastermind's bid to access insurance funds to pay his lawyers at a hearing today in London Chancery ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-63776351357388174052009-09-29T05:35:00.001-04:002009-09-29T05:35:29.975-04:00PG&E, Duke Energy Walkouts Show US Business Split on Climate.

PG&E, Duke Energy Walkouts Show US Business Split on Climate.PG&E Corp. quit the US Chamber of Commerce. Nike Inc. and Johnson & Johnson criticized the group for its stance.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-28496802675097751242009-09-29T05:34:00.001-04:002009-09-29T05:34:59.063-04:00GIC's Tan eyes profit from protecting downside.

GIC's Tan eyes profit from protecting downside.Tony Tan, the man leading Singapore's biggest sovereign wealth fund, is no longer the doomsdayer he was more than a year ago when he warned that the global economy could face its worst recession ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-52090884774987114602009-09-29T05:33:00.002-04:002009-09-29T05:34:28.118-04:00Connecticut's Poverty-Rate Increase Led US States Last Year.

Connecticut's Poverty-Rate Increase Led US States Last Year.Connecticut led increases in poverty among eight US states where rates rose in 2008, the first full year of the recession, a government report showed.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-23172366121651352412009-09-29T05:33:00.001-04:002009-09-29T05:33:52.604-04:00Oil Trades Around $67 on Forecast US Oil, Fuel Supplies Grew.

Oil Trades Around $67 on Forecast US Oil, Fuel Supplies Grew.Crude oil traded little changed near $67 a barrel in New York before a report forecast to show that US supplies of crude and refined oils accumulated because of the slow pace of economic recovery.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-88958484598477356292009-09-29T05:32:00.002-04:002009-09-29T05:33:19.176-04:00Halloween Spending on Costumes, Candy to Decline, NRF Says.

Halloween Spending on Costumes, Candy to Decline, NRF Says.Halloween shoppers in the US will cut back on costumes and trick-or-treat candy this year, as consumers reduce spending on non-essentials.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-63836705716264553692009-09-29T05:32:00.001-04:002009-09-29T05:32:45.526-04:00Xerox's Burns Shows 'Guts' in Copier Maker's Biggest Purchase.

Xerox's Burns Shows 'Guts' in Copier Maker's Biggest Purchase.Xerox Corp. Chief Executive Officer Ursula Burns, less than three months on the job, is betting that computer services can revive growth at a century-old company with roots so deep in copying ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-91487098173736745792009-09-29T05:31:00.000-04:002009-09-29T05:32:08.604-04:00BNP Paribas to Raise $6.27 Billion to Repay Bailout.

BNP Paribas to Raise $6.27 Billion to Repay Bailout.BNP Paribas, the largest French bank, said Tuesday that it would raise €4.3 billion, or 6.27 billion dollars, from investors to repay government bailout funds.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-44681742862107924452009-09-29T05:30:00.000-04:002009-09-29T05:31:20.048-04:00Japan's Fujii Hardens Rhetoric Vs Yen Strength.

Japan's Fujii Hardens Rhetoric Vs Yen Strength.Japan's finance minister Tuesday stepped up his warnings against excessive yen strength, calling the currency's recent ascent a bit too rapid and reminding markets he may act if he sees ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-34203851675810524202009-09-28T01:05:00.002-04:002009-09-28T01:06:28.329-04:00Stanford remains hospitalized after jail fight.

Stanford remains hospitalized after jail fight.R. Allen Stanford, accused in a $7 billion Ponzi scheme, remained hospitalized Sunday after sustaining minor injuries in a fight in a federal detention facility in Conroe last week.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-32060706271268271832009-09-28T01:05:00.001-04:002009-09-28T01:05:53.762-04:00Former Hynix DRAM plant to get solar makeover.

Former Hynix DRAM plant to get solar makeover.A South Korean leather goods manufacturer plans to buy from Hynix Semiconductor the closed DRAM plant here with plans to turn it into the largest solar cell producer in the United States.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-28466810990706157122009-09-28T01:04:00.000-04:002009-09-28T01:05:17.808-04:00Sinochem bid for Nufarm a shot in arm for agribusiness sector.

Sinochem bid for Nufarm a shot in arm for agribusiness sector.AGRICULTURAL chemical company Nufarm is trading more than 6 per cent higher after announcing a provisional takeover deal with China's Sinochem Corp that would value Nufarm at $2.84 billion.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-31824327093284349272009-09-28T01:03:00.000-04:002009-09-28T01:04:29.711-04:00Solar energy featured on Orlando tour.

Solar energy featured on Orlando tour.When Joe Harris arrives at his office, he parks in a space reserved for electric cars, whips out a cable, and plugs his Mazda Miata into a solar-powered charging station.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-14971455187160476372009-09-28T01:02:00.002-04:002009-09-28T01:03:20.394-04:00Job losses, early retirements hurt Social Security.

Job losses, early retirements hurt Social Security.Big job losses and a spike in early retirement claims from laid-off seniors will force Social Security to pay out more in benefits than it collects in taxes the next two years, the first time that's happened since the 1980s.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-73577803103356809142009-09-28T01:02:00.001-04:002009-09-28T01:02:41.627-04:00NWA Retailers Set to Sell State Lotto Tickets.

NWA Retailers Set to Sell State Lotto Tickets.One second after midnight on Monday morning, buying scratch-off tickets for the Arkansas Scholarship Lottery will become a possibility.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-27995166596089562422009-09-28T01:01:00.000-04:002009-09-28T01:02:06.315-04:00IMF Says It Battled Crisis Well.

IMF Says It Battled Crisis Well.The International Monetary Fund, in a broad self-evaluation, said it acted effectively in combating the global recession, especially in Eastern Europe, a finding that is bound to deepen the debate on the IMF's crisis-fighting ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-89722691384097929972009-09-28T00:59:00.004-04:002009-09-28T01:00:32.599-04:00Social networking for business: What works and what doesn't.

Social networking for business: What works and what doesn't.Social Media sites like Twitter, Facebook, Linkedin and YouTube are changing the way the world does business. I think this is in response to our desire to connect with others.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-90194411796455541742009-09-28T00:59:00.003-04:002009-09-28T00:59:42.226-04:00Feeling the Heat.

Feeling the Heat.Climate change activists and volunteers gather to form a human sculpture of the shape of the earth trapped inside an hourglass in New York City's Central Park on September 20.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-28343403594442505702009-09-28T00:59:00.001-04:002009-09-28T00:59:41.819-04:00Feeling the Heat.

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-31827540734613165872009-09-28T00:58:00.000-04:002009-09-28T00:59:05.138-04:00FDIC chief wants overdraft fees restricted.

FDIC chief wants overdraft fees restricted.By Mark Wilson, Getty Images By Kathy Chu, USA TODAY Even as some banks pull back their policies, the head of the Federal Deposit Insurance Corp.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-56537842791209881702009-09-28T00:57:00.000-04:002009-09-28T00:58:29.665-04:00China Launches Probe Into US Chicken Imports.

China Launches Probe Into US Chicken Imports.China's Ministry of Commerce said Sunday it is formally starting to investigate some "unfair" imports of chicken products from the US, advancing a case it had first flagged two weeks ago.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-79672414823816901822009-09-28T00:56:00.002-04:002009-09-28T00:57:48.011-04:00Dell's Spree Could Be a Hard Sell.

Dell's Spree Could Be a Hard Sell.WE WEREN'T CAUGHT OFF guard by Dell 's decision last week to buy consultancy Perot Systems for $3.9 billion. In the July 13, 2009, Plugged In, we suggested that the PC maker would be a buyer and that Perot was on its short list.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-84604822484462302112009-09-28T00:56:00.001-04:002009-09-28T00:56:45.980-04:00Glorious Raises $1.28 Billion from IPO in Hong Kong.

Glorious Raises $1.28 Billion from IPO in Hong Kong.Glorious Property Holdings Ltd. raised US$1.28 billion from its Hong Kong initial public offering, after pricing near the low end of an indicative price range, two people familiar with the situation said Friday.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-2230361247244002502009-09-28T00:55:00.000-04:002009-09-28T00:56:03.496-04:00Zoellick Favors Power for Treasury, Not Fed.

Zoellick Favors Power for Treasury, Not Fed.World Bank President Robert Zoellick questioned the wisdom of giving the Federal Reserve more power over banks, as the Obama administration has proposed.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-798900738737789212009-09-28T00:54:00.002-04:002009-09-28T00:55:21.606-04:00Trustee Plans to Sue Madoff Family Members for $198 Million.

Trustee Plans to Sue Madoff Family Members for $198 Million.Irving H. Picard, the court-appointed trustee hunting down any remaining spoils of Bernard L. Madoff's giant Ponzi scheme, plans to sue Mr.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-91861533601135408392009-09-28T00:54:00.001-04:002009-09-28T00:54:42.659-04:00Hong Kong shares set to fall; China Unicom in focus.

Hong Kong shares set to fall; China Unicom in focus.Hong Kong shares are likely to fall on Monday, tracking weaker overseas markets, as disappointing US housing and durable goods data raised concerns about the health of the world's largest economy.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-62149677534382758272009-09-28T00:53:00.001-04:002009-09-28T00:53:58.689-04:00Abbott's Solvay Drug-Unit Purchase Reduces Dependence on Humira.

Abbott's Solvay Drug-Unit Purchase Reduces Dependence on Humira.Abbott Laboratories' purchase of Solvay SA's pharmaceutical unit, for about 4.8 billion euros ($7.1 billion), will give it full control of the TriCor cholesterol drug and ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-81818174714245106002009-09-28T00:52:00.000-04:002009-09-28T00:53:19.430-04:00Gap co-founder Donald Fisher dead at 81.

Gap co-founder Donald Fisher dead at 81.Donald Fisher, who co-founded Gap Inc (GPS.N) with his wife Doris forty years ago, died on Sunday after a battle with cancer, the clothing retailer said.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-75577224804974810862009-09-28T00:51:00.000-04:002009-09-28T00:52:44.150-04:00Yen Rises to 8-Month High on Speculation Japan Won't Intervene.

Yen Rises to 8-Month High on Speculation Japan Won't Intervene.The yen rose to the highest level in eight months versus the dollar on speculation Japan won't intervene to stem gains in the currency and exporters repatriated profits.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-40072894219997744352009-09-16T02:08:00.002-04:002009-09-16T02:09:26.525-04:00Coming to Dealers Soon: An Array of Electric Cars.

Coming to Dealers Soon: An Array of Electric Cars.The electric car is at the starting line, and the gun is about to sound. A blog about energy, the environment and the bottom line.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-73553002576138953152009-09-16T02:08:00.001-04:002009-09-16T02:08:41.634-04:00Murdoch Says Ad Markets Are Improved.

Murdoch Says Ad Markets Are Improved.News Corp. Chief Executive Rupert Murdoch said US advertising markets are "much better than they were four months ago." Separately, Mr.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-6293644409859598512009-09-16T02:07:00.000-04:002009-09-16T02:08:04.620-04:00Treasury may sell Citigroup stake.

Treasury may sell Citigroup stake.The US Treasury Department and Citigroup Inc. have begun discussing how to sell the 34 percent stake that the government acquired in the rescue of the bank, people familiar with the matter said.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-46826760830379736802009-09-16T02:06:00.002-04:002009-09-16T02:07:18.994-04:00Japan Airlines confirms tie-up talks, job cuts.

Japan Airlines confirms tie-up talks, job cuts.Japan Airlines Corp. confirmed Wednesday that it's in tie-up talks with foreign carriers and will cut its work force by 14% as it seeks a turnaround, reports said.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-43217871112031132912009-09-16T02:06:00.001-04:002009-09-16T02:06:41.575-04:00Potential Bloomberg Bid Looms Over BusinessWeek Sale Process.

Potential Bloomberg Bid Looms Over BusinessWeek Sale Process.As the midnight deadline for final bids for BusinessWeek neared on Tuesday, Sept 15, the question looming over the process was whether or not late entrant Bloomberg LP would bid.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-30119702969176209592009-09-16T02:05:00.000-04:002009-09-16T02:06:03.538-04:00Southland home prices move north for fourth consecutive month.

Southland home prices move north for fourth consecutive month.The median rose 2.6% last month to $275000, according to real estate research firm MDA DataQuick. But the number of homes sold, although up 11% from August 2008, was down 10.8% from July.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-32719702948819648202009-09-16T02:04:00.002-04:002009-09-16T02:05:25.139-04:00Apple Gets Intel's Top Lawyer.

Apple Gets Intel's Top Lawyer.Apple said today it's got a new top lawyer, Bruce Sewell from Intel, at a time when the maker of the iPhone and iPod faces greater regulatory scrutiny in Washington.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-16409642399504337112009-09-16T02:04:00.001-04:002009-09-16T02:04:36.114-04:00Oil Declines After Industry Report Shows Gain in US Supplies.

Oil Declines After Industry Report Shows Gain in US Supplies.Oil fell in New York after an industry report showed an increase in distillate and crude stockpiles in the US, the world's biggest energy consumer.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-32132617740749301582009-09-16T02:03:00.001-04:002009-09-16T02:03:50.905-04:00Clunkers Program Helps Boost Retail Sales in August.

Clunkers Program Helps Boost Retail Sales in August.The popular Cash for Clunkers program helped propel retail sales to the highest level in three years last month, but those gains will likely be unsustainable in coming months as consumers -- now saddled with new car payments...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-85932124128556073732009-09-16T02:02:00.001-04:002009-09-16T02:02:59.501-04:00Taisho to buy Bristol-Myers' Asia rights.

Taisho to buy Bristol-Myers' Asia rights.Taisho Pharmaceutical (4535.T) said it will pay $310 million for the rights to Bristol-Myers Squibb's (BMY.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-14422230399904767562009-09-16T02:01:00.000-04:002009-09-16T02:02:18.843-04:00Bayer Outsider as CEO May Mean Split of Drug, Chemical Company.

Bayer Outsider as CEO May Mean Split of Drug, Chemical Company.Bayer AG's choice of Marijn Dekkers as its new chief executive officer, the first outsider to take the top job, may herald a breakup of the 146-year-old German drugs and chemical maker, analysts said.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-26107226303798732852009-09-16T02:00:00.002-04:002009-09-16T02:01:39.786-04:00Losses Swell for the World's Airlines, Trade Group Says.

Losses Swell for the World's Airlines, Trade Group Says.Despite early signs of global recovery, rising fuel costs and weak travel demand are keeping the world's airlines in “survival mode,” with predicted losses now expected to swell to $11 billion by the end of the year, ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-10392325776580267632009-09-16T02:00:00.001-04:002009-09-16T02:00:51.040-04:00Kansas: Anti-Abortion Struggles.

Kansas: Anti-Abortion Struggles.By AP The anti-abortion group Operation Rescue has told its supporters it is facing a “major financial crisis” and is close to shutting down unless emergency help arrives soon.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-7728629604189343912009-09-16T01:59:00.000-04:002009-09-16T02:00:13.099-04:00Blockbuster to close up to 960 stores.

Blockbuster to close up to 960 stores.The video rental chain doubles the number of locations it's likely to shut by the end of next year. By Ben Fritz Facing increasing pressure from Redbox, Netflix Inc. and its own debt problems, the video rental giant is doubling the number of stores it ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-20651227177565750212009-09-16T01:58:00.000-04:002009-09-16T01:59:17.437-04:00Company stock buybacks are down: Should investors worry?

Company stock buybacks are down: Should investors worry?Even while investors are getting excited about stocks, companies are choosing to keep cash rather than buy their own shares. Companies in the Standard & Poor's 500 spent a record low $24.2 billion on stock buybacks during the ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-53553451856898778112009-09-16T01:57:00.000-04:002009-09-16T01:58:34.895-04:00Oracle, Sun Launch High-end OLTP Server.

Oracle, Sun Launch High-end OLTP Server.Oracle has launched a high-end database and storage system that it co-developed with Sun Microsystems, the companies' first joint product since announcing their plans to merge almost five months ago.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-39595138149351574592009-09-16T01:56:00.000-04:002009-09-16T01:57:23.223-04:00Lehman Claims Barclays Got 'Windfall'.

Lehman Claims Barclays Got 'Windfall'.One year to the day that Lehman Brothers filed for bankruptcy it has accused Barclays(BCS Quote) of getting a windfall profit of $8.2 billion more than it should have received when it bought excess assets of the failed ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-54622490339883726742009-09-16T01:55:00.000-04:002009-09-16T01:56:19.416-04:00Adobe's Pricey Omniture Purchase.

Adobe's Pricey Omniture Purchase.Over an early August dinner in a tree-lined neighborhood of San Francisco, Adobe Systems' (ADBE) executives were candid about the performance of the company's flagship software product.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-44128714602356628362009-09-16T01:54:00.000-04:002009-09-16T01:55:02.089-04:00Bofa Fights Ex-Merrill Brokerage Chief's Move to UBS.

Bofa Fights Ex-Merrill Brokerage Chief's Move to UBS.Robert mccann was slated to start work as head of UBS ag's US brokerage force in late August, according to people familiar with the matter.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-70616762985346596782009-09-16T01:53:00.000-04:002009-09-16T01:54:00.777-04:00Bernanke: Downturn likely over, but growth will be slow.

Bernanke: Downturn likely over, but growth will be slow.That's because Federal Reserve Chairman Ben Bernanke has apparently seen enough economic data to say that the worst recession since the Great Depression seems done.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-54719593633894787792009-09-14T12:20:00.002-04:002009-09-14T12:21:19.468-04:00Europe wind power body sees big offshore potential.

Europe wind power body sees big offshore potential.Offshore wind turbines could meet 13-17 percent of Europe's electricity need in 2030 if wind power projects get sufficient support, an industry lobby organization said on Monday.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-17965410086089554382009-09-14T12:20:00.001-04:002009-09-14T12:20:45.070-04:00Tenet boosts profit forecast, shares jump.

Tenet boosts profit forecast, shares jump.Hospital operator Tenet Healthcare Corp (THC.N) boosted its full-year profit forecast on Monday, citing a stronger-than-expected performance over the summer, and its shares jumped more than 10 percent.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-36770118091734039362009-09-14T12:19:00.000-04:002009-09-14T12:20:08.246-04:00EU Seeks Opel Plan From Germany as About 10500 Jobs May Be Cut.

EU Seeks Opel Plan From Germany as About 10500 Jobs May Be Cut.Germany must give European Union regulators details of its restructuring plan for General Motors Co.'s Opel unit as the carmaker's new owner announced plans to cut about 10500 jobs.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-83859703355301379272009-09-14T12:18:00.002-04:002009-09-14T12:19:25.391-04:00US gold slips as dollar gains, holds over $1000/oz.

US gold slips as dollar gains, holds over $1000/oz.US gold futures lost ground when the dollar firmed on Monday, but mostly held above $1000 an ounce, traders said.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-63263748946516539722009-09-14T12:18:00.001-04:002009-09-14T12:18:45.412-04:00NYMEX-Crude dips on dollar strength, equities slip.

NYMEX-Crude dips on dollar strength, equities slip.US crude futures slipped in volatile trading on Monday as the dollar strengthened and as equities markets slumped amid concerns about economic recovery being curbed by a US-China trade dispute.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-23044678404758663232009-09-14T12:17:00.000-04:002009-09-14T12:18:06.624-04:00Tech stocks slip in early trades as Yahoo weakens.

Tech stocks slip in early trades as Yahoo weakens.Technology stocks were mostly in the red Monday morning as the broad market slipped and Yahoo took losses on a report that the company is looking to sell off part of its stake in Alibaba.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-17372775371869476932009-09-14T12:16:00.000-04:002009-09-14T12:17:15.422-04:00CA Picks Up NetQoS For $200 Million In Cash.

CA Picks Up NetQoS For $200 Million In Cash.IT management software company CA (Computer Associates) this morning announced that it intends to acquire privately-held NetQoS, a provider of network performance management and service delivery solutions, for $200 million in an all-cash transaction.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-85199128012352396102009-09-14T12:15:00.002-04:002009-09-14T12:16:36.967-04:00DEALWATCH: JAL And Airline Alliances In Asia.

DEALWATCH: JAL And Airline Alliances In Asia.A tug of war is unfolding for struggling carrier Japan Airlines Corp. (9205.TO) between alliances Oneworld and SkyTeam, the latest move in airline rationalization following Air China Ltd'sFull Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-13277940714332832842009-09-14T12:15:00.001-04:002009-09-14T12:15:53.762-04:00Gasoline prices down in Georgia.

Gasoline prices down in Georgia.Georgia's average price per gallon of unleaded regular gasoline was down by 5 cents to $2.36 at the end of last week, according to AAA Auto Club South.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-72218043443100951242009-09-14T12:14:00.000-04:002009-09-14T12:15:06.544-04:00Dollar Falls to Weakest in 2009 on Record Low Borrowing Costs.

Dollar Falls to Weakest in 2009 on Record Low Borrowing Costs.The dollar declined to the weakest level against the euro this year as record low borrowing costs encouraged investors to sell the greenback and buy higher- yielding assets outside the US “The low interest-rateFull Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-76237575281606532702009-09-14T12:13:00.000-04:002009-09-14T12:14:20.064-04:00Mint gets eaten by the Borg.

Mint gets eaten by the Borg.Intuit is buying Mint.com for a whopping $170 million. That's a lot of money for a company which has yet to make a dollar in profit - indeed, it found itself in need of an extra $14 million in equity capital only last month.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-51560341748061870982009-09-14T12:12:00.002-04:002009-09-14T12:13:29.505-04:00Intel unveils major reorganization; veteran exec departs.

Intel unveils major reorganization; veteran exec departs.Intel Corp. on Monday unveiled a major reorganization, focused on the world's biggest chip maker's ability to develop and manufacture microprocessors.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-89383736203350082502009-09-14T12:12:00.001-04:002009-09-14T12:12:49.059-04:00SNAP ANALYSIS: D.Telekom must make US move or take back seat.

SNAP ANALYSIS: D.Telekom must make US move or take back seat.Deutsche Telekom will have to make an expensive acquisition if it wants to sustain its role in the cut-throat US market -- even if that means cutting its dividend.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-50203284189377332542009-09-14T12:11:00.000-04:002009-09-14T12:12:01.344-04:00Nortel To Sell Telecom Ops To Avaya For $900M.

Nortel To Sell Telecom Ops To Avaya For $900M.Avaya Inc. (AV) agreed to acquire Nortel Networks Corp.'s (NRTLQ) money-losing division that makes phone systems for businesses for $900 million, plus an additional $15 million for an ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-76805921599255345262009-09-14T12:10:00.000-04:002009-09-14T12:11:14.221-04:00Lilly to cut costs ahead of patent expirations.

Lilly to cut costs ahead of patent expirations.In an effort to shore up its bottom line ahead of the expected loss of patent protection for several of its key products, Eli Lilly & Co.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-8943034259662790752009-09-14T12:09:00.000-04:002009-09-14T12:10:24.777-04:00US Stocks Lower; Investors Spooked By US-China Trade Row.

US Stocks Lower; Investors Spooked By US-China Trade Row.US stocks weakened as investors went back on the defensive following last week's gains and a trade row between the US and China.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-80641031639842229832009-09-14T12:08:00.000-04:002009-09-14T12:09:22.916-04:00Obama Marks Lehman Collapse to Revive Regulation Push.

Obama Marks Lehman Collapse to Revive Regulation Push.President Barack Obama, speaking a year after Lehman Brothers Holdings Inc.'s collapse, is on Wall Street today to outline his plan for unwinding government involvement in the financial sector and to argue ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-17954312515920497482009-09-14T12:07:00.000-04:002009-09-14T12:08:06.491-04:00British, NATO troops killed in Afghanistan.

British, NATO troops killed in Afghanistan.A British soldier was killed in an attack on a foot patrol in southern Afghanistan, while a second NATO service member died in a bomb blast, NATO and British officials said Monday.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-86785142738700083052009-09-14T12:06:00.000-04:002009-09-14T12:07:22.031-04:00VMA chaos, as usual: Kanye upset, Jackson honored.

VMA chaos, as usual: Kanye upset, Jackson honored.Taylor Swift was relishing her unlikely win of best female video at the MTV Video Music Awards. The 19-year-old knew that the network doesn't exactly make a habit out of giving their moonman trophies to country music stars.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-59166040452299053302009-09-14T12:04:00.000-04:002009-09-14T12:06:35.339-04:00Police: Killing at Yale University not random act.

Police: Killing at Yale University not random act.Police in New Haven, Conn., say the killing of a person whose body was found stuffed behind a wall in a high-security laboratory building at Yale University is not a random act.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-85424933566832355802009-09-14T12:03:00.000-04:002009-09-14T12:04:41.002-04:00China files WTO complaint on US tire tariffs.

China files WTO complaint on US tire tariffs.Beijing filed a World Trade Organization complaint Monday over new U.S. tariffs on Chinese tires, stepping up pressure on Washington in the latest in a series of trade disputes.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-39530060088216423982009-09-14T12:02:00.002-04:002009-09-14T12:03:47.593-04:00U.S. soldier in Iraq arrested in contractor killing.

U.S. soldier in Iraq arrested in contractor killing.A U.S. soldier in Iraq was arrested on Sunday on suspicion of shooting dead a civilian contractor on the U.S. military's Camp Speicher, its main base in northern Iraq, a U.S. military spokesman said.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-20544687431962234332009-09-14T12:02:00.001-04:002009-09-14T12:02:55.946-04:00Williams fined $10,000; new investigation opened.

Williams fined $10,000; new investigation opened.Serena Williams' profanity-laced, finger-pointing tirade at a U.S. Open linesperson drew a $10,000 fine Sunday, and more punishment could follow from a broader investigation...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-6242443992096647072009-09-14T12:01:00.000-04:002009-09-14T12:02:01.570-04:00Jupiter had temporary moon for 12 years.

Jupiter had temporary moon for 12 years.Jupiter snared a passing comet in the middle of the last century, eventually releasing it 12 years later, astronomers reported on Monday. Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-25019438628691966532009-09-14T11:59:00.000-04:002009-09-14T12:01:15.025-04:00Bin Laden reportedly calls Obama 'powerless'.

Bin Laden reportedly calls Obama 'powerless'.In a tape released Sunday by al-Qaida's media wing, terrorist leader Osama bin Laden said President Barack Obama is "powerless" to stop the war in Afghanistan.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-53465265608619482082009-09-14T11:57:00.000-04:002009-09-14T11:59:14.596-04:00Cops: Woman pummels clerk after feud over $20 bill.

Cops: Woman pummels clerk after feud over $20 bill.Delaware State Police said a woman punched a gas station clerk in the face and held scissors to his throat in a dispute over how much money she had given him.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-58546151111557687002009-09-13T09:14:00.001-04:002009-09-13T09:14:54.534-04:00Indicted ex-DEA boss turns himself in.

Indicted ex-DEA boss turns himself in.Bound in handcuffs, former DEA chief Tom Raffanello appeared in federal court on charges of obstruction, conspiracy and destruction of records relating to the Allen Stanford fraud investigation.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-9304936793467091832009-09-13T09:13:00.002-04:002009-09-13T09:14:18.252-04:00Merck Case Over Fosamax Ends in Mistrial in New York.

Merck Case Over Fosamax Ends in Mistrial in New York.A federal judge declared a mistrial in the first case to go to a jury over claims that Merck & Co.'s osteoporosis drug Fosamax causes so-called jaw death after a lone juror refused to ...Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-42798145587800961662009-09-13T09:13:00.001-04:002009-09-13T09:13:43.829-04:00US gold ends above $1000/oz in flight to quality.

US gold ends above $1000/oz in flight to quality.US gold futures jumped on Friday, closing above $1000 an ounce as a weaker dollar and inflation fears stirred demand among investors who view bullion as a safe haven amid economic uncertainties.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-44341341456014790702009-09-13T09:12:00.002-04:002009-09-13T09:13:14.436-04:00Magna to Cut 10500 Opel Jobs, Frankfurter Allgemeine Reports.

Magna to Cut 10500 Opel Jobs, Frankfurter Allgemeine Reports.Magna International Inc. plans to cut 10500 jobs at General Motors Co.'s Opel unit, Frankfurter Allgemeine Sonntagszeitung reported today, citing an unidentified Magna spokesman.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-11621953692934803452009-09-13T09:12:00.001-04:002009-09-13T09:12:35.463-04:00Car harnesses fighter jet technology.

Car harnesses fighter jet technology.The Ford motor company has harnessed technology from the F22 fighter jet as part of its bid to make its new Taurus "America's smartest full-sized sedan".Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-33750438267922185012009-09-13T09:11:00.000-04:002009-09-13T09:12:04.033-04:00Oil falls toward $69, eyes Wall Street slide.

Oil falls toward $69, eyes Wall Street slide.US crude oil fell nearly 4 percent toward $69 a barrel on Friday as US equities struggled for traction, raising fears about the economy and a recovery in energy demand.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-86380551795979497862009-09-13T09:10:00.002-04:002009-09-13T09:11:29.923-04:00Campbell's Profit Falls, but Tops Forecasts.

Campbell's Profit Falls, but Tops Forecasts.The Campbell Soup Company said Friday that its profit fell 22 percent in its fourth quarter but was better than Wall Street had expected.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-64244500975143388572009-09-13T09:10:00.001-04:002009-09-13T09:10:54.885-04:00FedEx Rises as It Says Quarterly Profit Beat Forecast.

FedEx Rises as It Says Quarterly Profit Beat Forecast.FedEx Corp. rose to an 11-month high in New York trading after the second-largest US package- shipping company said first-quarter profit topped its forecast.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-67886334372311934542009-09-13T09:09:00.000-04:002009-09-13T09:10:00.771-04:00Microsoft fights damages.

Microsoft fights damages.A federal appeals court says Microsoft Corp. does not have to pay Alcatel-Lucent $358 million for patent infringement because of problems with how damages were calculated.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-47102816519623838592009-09-13T09:08:00.002-04:002009-09-13T09:09:25.347-04:00Stocks slip after 5-day advance.

Stocks slip after 5-day advance.Wall Street retreats as energy prices drop and investors show fatigue after a run that put the Dow, S&P and Nasdaq at 2009 highs.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-24902237286498445462009-09-13T09:08:00.001-04:002009-09-13T09:08:56.706-04:00Private equity firms look to take cos public.

Private equity firms look to take cos public.Efforts by private equity firms to sell stakes in portfolio companies through initial public offerings continued late this week as two North American companies took steps toward coming to market.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-78119009851941584562009-09-13T09:07:00.002-04:002009-09-13T09:08:28.803-04:00Will GM's Money-Back Guarantee Work?

Will GM's Money-Back Guarantee Work?General Motors has announced a new program attempting to boost consumer confidence in their vehicles. The idea is that you can return the vehicle, no questions asked, up to 60 days after purchase.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-92051355023567224062009-09-13T09:07:00.001-04:002009-09-13T09:07:38.163-04:003 more down: Bank failure tally hits 92.

3 more down: Bank failure tally hits 92.Regulators close banks in Illinois, Minnesota and Washington at a cost of more than $2 billion to the FDIC. By Ben Rooney, CNNMoney.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.comtag:blogger.com,1999:blog-3521802303506322145.post-21968564970146129052009-09-13T09:06:00.002-04:002009-09-13T09:07:09.196-04:00No law can substitute for credit discipline.

No law can substitute for credit discipline.New federal rules help protect consumers, but prudent use, including paying off balances monthly, is always the best route. By Humberto Cruz Credit card users with money smarts and discipline can protect themselves better than any legislation can.Full Story

Financial Advicehttp://www.blogger.com/profile/12430731773408946514noreply@blogger.com