Showing posts from February, 2011

Financial And Forex Info | Reuters Daily Investor Update: Wall St ends up, oil muddies bullish picture

REUTERS: LATEST NEWS Wall St ends up, oil muddies bullish picture NEW YORK (Reuters) - Bullish comments from Warren Buffett helped U.S. stocks end another good month on a high note on Monday, but uncertainty about oil prices could keep investors from pushing the market much higher. | Full Article Consumer spending makes slow start, factories roar February 28, 2011 04:14 PM ET WASHINGTON (Reuters) - U.S. consumer spending barely edged up in January as households took advantage of tax cuts to rebuild their savings, suggesting spending would offer only a modest lift to the recovery in the first quarter. | Full Article Blackstone to buy Centro malls for $9.4 billion: sources February 28, 2011 01:39 PM ET SYDNEY (Reuters) - Private equity firm Blackstone Group LP has struck a deal to buy nearly 600 U.S. strip malls and other properties from Australia's Centro Property Group for about $9.4 billion, people with direct knowledg

MarketWatch: Personal Finance Daily: Be ready: Home inspectors always find a problem

Personal Finance Daily FEBRUARY 28, 2011 Monday's personal finance stories By MarketWatch Don't miss these top stories: Be ready: Home inspectors always find a problem Auto Review: 2011 Honda Odyssey Elite Get through to a human Asking for extras A portfolio to keep income flowing If you're planning to sell your house, brace yourself. A home inspector is always going to find something wrong, Amy Hoak reports in her Home Economics column. Some ways to prepare for a home inspection include doing your own inspection before you put the property on the market and asking an experienced real-estate agent to look it over. While agents might not have the expertise of a home inspector, often they've been through enough sale negotiations to spot common red flags. Also in today's personal finance lineup, MarketWatch's John Spence writes about exchange-traded funds that invest in natural gas, noting that despite Friday's bo

The Washington Post Afternoon Edition: Most Read Opinion Columns: How teacher development could revolutionize our schools

1) How teacher development could revolutionize our schools How we can spend less on education and still boost student achievement. 2) Is organized labor obsolete? Public unions are on a path to mimic labor's decline in the private sector. 3) Why Wisconsin matters This is not the first time that Wisconsin has been at the center of national agitation over the role of unions. 4) In Lebanon, Hezbollah is watching, and waiting out, the Arab uprisings The militant group takes stock of how Arab uprisings could affect its goals. 5) Rubicon: A river in Wisconsin Gov. Walker is about to show what fiscal seriousness really looks like. 6) The Gang of Six leads the way Obama should look to the Senate for reducing the deficit. 7) A climate-change activist prepares for the worst Ten years ago, I put solar panels on my roof and began eating locally grown food. I bought an energy-efficient refrigerator that uses the power equivalent of a single light bulb. I s

Financial And Forex Info | The Australian Business Briefing: Wall St has best February since 1998

  Wall St has best February since 1998 UPDATED Donna Kardos Yesalavich US stocks rose, as oil prices paused from their recent rally while investors were encouraged by comments from a top Fed official.   Oil eases as Saudis soothe nerves Jerry A. DiColo OIL settled lower today as oil producers moved to make up for lost Libyan crude supplies against spreading Middle East unrest.   JP Morgan in talks for Twitter stake Anupreeta Das and Amir Efrati A FUND run by JP Morgan & Chase is in talks with Twitter to take a minority stake in the rapidly growing microblogging company.   BHP may close US shale gas deal in Q1 Alex MacDonald BHP Billiton expects to close its purchase of Chesapeake Energy's Fayetteville shale gas holdings by the end of the first quarter.   Reinsurers may avoid Australia Richard Gluyas THE spate of disasters in Australia and New Zealand may see reinsurance industry bypass

Financial And Forex Info: The Australian Capital Circle: The battle over a carbon price has been joined

  The battle over a carbon price has been joined Julia Gillard and Tony Abbott have set out their stalls on a carbon price - a battle that could decide the fate of their leadership posts.   The PM's day, per the press office: Julia Gillard will attend the ALP caucus meeting at 930am this morning. She will then attend Question Time at 2pm. On morning radio today, Ms Gillard accused Tony Abbott of damaging the Australian economy by promising to scrap a carbon tax if elected. "Mr Abbott has had every position on this (a carbon price) it is possible to have,'' she said. Tony Abbott has appeared on Sunrise this morning and will appear on MTR radio later to continue his campaign against Ms Gillard's "great big new broken promise''. The Coalition joint party room meeting is scheduled for 930am. Mr Abbott declared this morning "I can guarantee that I will not break my word and I guarantee that I will have a clear mandate to

NYT: Afternoon Business News: Small Airports Fear Being Left Behind as Costs Squeeze Carriers

BUSINESS Itineraries Small Airports Fear Being Left Behind as Costs Squeeze Carriers By SUSAN STELLIN Small cities with airports are facing the prospect of fewer flights and more expensive tickets - or even closure of their airports - as airlines grapple with higher expenses. Pension Funds Strapped, States Look at 401(k)s By STEVEN GREENHOUSE The plans would let employees control their retirement portfolios, but they would come at a cost. Obama Supports Easing Health Law Mandates for States By SHERYL GAY STOLBERG and KEVIN SACK The president told governors on Monday that he supports letting states opt out of parts of the health plan earlier than is currently permitted. Investors Are Drawn Anew to Digital Music By BEN SISARIO The explosion in smartphone apps has given investors and entrepreneurs optimism that the digital music business is poised to finally become profitable. DealBook Sale Talks Collapse By ANDREW ROSS SORK

SEC Charges Military Body Armor Supplier and Former Outside Directors With Accounting Fraud

Mon, 28 Feb 2011 10:19:16 -0600 The Securities and Exchange Commission today charged a major supplier of body armor to the U.S. military and law enforcement agencies for engaging in a massive accounting fraud. The agency separately charged three of the company’s former outside directors and audit committee members for their complicity in the scheme. SEC Charges Military Body Armor Supplier and Former Outside Directors With Accounting Fraud

MarketWtach: GOLD: Gold edges higher to cap off big February rally

GOLD: Dollar index falls to four-month low 8 min ago 10:45 a.m. Feb. 28, 2011 - By Deborah Levine Dollar index falls to four-month low. The U.S. dollar erases early gains against major rivals, as the euro moves higher ahead of this week’s meeting of European Central Bank policy makers.. The U.S. dollar erases early gains against major rivals,    Gold edges higher to cap off big February rally 25 min ago 10:31 a.m. Feb. 28, 2011 - By Claudia Assis After a slump in January, gold is on track to rise nearly 6% in February. Gold , considered the best means of preserving wealth in turbulent times, typically gain ground on inflationary worries.  

Morning Market Briefing: Stocks May Extend Rebound From Last Week's Losses - U.S. Commentary

Morning Market Briefing Monday, February 28, 2011, 09:02 Commentary Stocks May Extend Rebound From Last Week's Losses - U.S. Commentary Stocks are poised for a moderately higher open Monday morning amid news that oil has once again begun to flow in Libya. The major index futures are all in positive territory, with the Dow futures up by 47 points. (Feb 28, 2011) Full Article Economic News Japan Industrial Output Climbs 2.4% On Month Industrial production in Japan jumped a seasonally adjusted 2.4 percent in January compared to the previous month, the Ministry of Economy, Trade and Industry said in a preliminary report on Monday, rising for the third straight month. (Feb 28, 2011) Full Article Eurozone Jan Inflation Revised Down Eurozone inflation rose further in January, albeit at a slower pace than initially thought, staying above the European Central Bank's target for the second straight month. (Feb 28, 2011) Full Article Is Grow

Financial And Forex Info | Reuters - Before The Bell: Futures gain after Bullard comments

REUTERS: LATEST NEWS Futures gain after Bullard comments NEW YORK (Reuters) - Stock index futures were higher on Monday after bullish comments from a Federal Reserve official about the economy, easing concerns that high oil prices could hurt economic activity. | Full Article HSBC cuts financial targets as capital rules bite February 28, 2011 05:33 AM ET LONDON (Reuters) - HSBC cut its profitability targets due to the cost of tougher banking regulations, joining rivals such as Barclays, and disappointed investors with below forecast 2010 earnings. | Full Article Economists list U.S. budget deficit as No. 1 worry February 28, 2011 12:21 AM ET WASHINGTON (Reuters) - The massive U.S. budget deficit is the gravest threat facing the economy, topping high unemployment and the risk of inflation or deflation, according to a survey of forecasters released on Monday. | Full Article Glencore primes analysts as IPO talk heats up Febru

Personal Income Rose 1% while PCE decline 0 .1.... More

Personal income in January 2011 rose 1.0 percent.   Nominal personal consumption expenditures (PCE) increased 0.2 percent, while real PCE declined 0.1 percent.   Nominal disposable personal income (DPI) rose 0.7 percent while real DPI increased 0.4 percent.   The personal saving rate as a percentage of DPI was 5.8 percent in January.

Mineweb: Top Stories: Equinox plays spoiler in $9m Lundin-Inmet friendly merger

TOP STORIES | Monday , 28 Feb 2011                                                      Equinox plays spoiler in $9m Lundin-Inmet friendly merger The friendly Inmet-Lundin merger scheduled to be voted on next month now becomes 3-way race as Equinox makes hostile bid for Lundin.    Monday , 28 Feb 2011 Glencore: why is it considering a listing now? After thriving outside of the limelight for four decades, the omnipresent commodities trading house is considering a listing; given it impeccable timing, does it mean the top of the commodities cycle?    Friday , 25 Feb 2011 The lightness of Vale's USD 20bn cash flow in 2010 Continued, massive demand from China for the steel making ingredient and prices set at around the marginal cost of the highest-cost producer, has meant a purple patch for low-cost operations like Vale's.    Friday , 25 Feb 2011 Filmmaker Moore joins Thompson's fight to save Vale jobs Will controversial Acad

Lomg Term Stocks: More than Being Feminr

Long Term Stocks Monday, February 28, 2011, 08:11 More Than Being Feminine... ( RTTNews): The HIV/AIDS epidemic is taking an increasing toll on women and girls. According to the UNAIDS, the Joint United Nations Programme on HIV/AIDS, of the estimated 33.4 million people living with HIV, women account for 47 percent , and half of all new infections occur among women. (Feb 28, 2011) Full Article

Financial And Forex Info Kitco Market Hourly Report

Gold  Bid 1410.8  Ask 1411.8  Change 1.2 0.09%  High 1417.6  Low 1406.7 Silver  Bid 33.45  Ask 33.5  Change 0.07 0.21%  High 33.77  Low 33.27 Platinum  Bid 1806.0  Ask 1814.0  Change 1.0 0.06%  High 1831.0  Low 1797.0 Palladium  Bid 787.0  Ask 794.0  Change -2.0 -0.25%  High 808.0  Low 785.0 London Fix   Gold Silver Platinum Palladium   AM PM - AM PM AM PM  $USD   1409.75  0.0  0.0  1807.0  0.0  790.0  0.0