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Top Stories: United Airlines has announced it will take 25 Airbus and 25 Boeing widebody aircraft. Big News Network.com Tue, 08 Dec 2009 19:46:42 -0500Visa and MasterCard have agreed to pay over one billion dollars to merchants across the United States as part of an antitrust settlement. Big News Network.com Tue, 08 Dec 2009 19:39:20 -0500U.S. stocks were weaker on Tuesday as commodity prices crumbled and the dollar advanced. Big News Network.com Tue, 08 Dec 2009 13:55:13 -0500Iceland's recession deepened in the third quarter. Big News Network.com Tue, 08 Dec 2009 03:35:00 -0500Officials from the General Motors Co in Detroit have been in discussions with BAIC, China's fifth largest car maker, over a partial takeover of the of the Saab brand. Big News Network.com Tue, 08 Dec 2009 01:24:58 -0500Executives from the collapsed mortgage lender New Century Financial Corp have been accused of fraud by US regulators. Big News Network.com Tue, 08 Dec 2009 01:40:15 -0500The state of Kansas has been given a $2 million federal grant for a rural broadband program. Big News Network.com Tue, 08 Dec 2009 03:42:32 -0500A 17-year deal to host the British Grand Prix has gone to Silverstone. Big News Network.com Tue, 08 Dec 2009 01:32:17 -0500Berkshire Hathaway, the Warren Buffett’s company, has said it should soon be able to acquire railroad operator Burlington Northern Santa Fe Corp. Big News Network.com Tue, 08 Dec 2009 01:18:17 -0500US Federal Reserve chairman, Ben Bernanke, has given a mixed assessment of the US economy. Big News Network.com Mon, 07 Dec 2009 20:36:08 -0500Greece has been warned it may have its credit rating cut. Big News Network.com Mon, 07 Dec 2009 20:11:46 -0500New York, Dec 9 (DPA) US stocks fell Tuesday, following a retreat in global markets amid credit worries for Dubai and Greece. IANS Tue, 08 Dec 2009 18:40:01 -0500London, December 08 : Swindon, a town in Britain, has become Walt Disney World's first ever twin town. ANI Tue, 08 Dec 2009 06:00:31 -0500Washington, December 8 : Martina Navratilova's lesbian lover has slapped the tennis great with a lawsuit, claiming she was unexpectedly dumped and left with nothing. ANI Tue, 08 Dec 2009 03:40:29 -0500Apple's reconfigured iMac desktop -- a bright, shiny, wide-screen example of a home computer -- works beautifully ... unless it doesn't work at all or arrives with a cracked display. Star Tribune Tue, 08 Dec 2009 19:15:14 -0500WASHINGTON - Federal regulators have sued a defunct California investment brokerage and its former CEO, accusing them of fraud in selling more than $300 million worth of risky mortgage-backed securit... Star Tribune Tue, 08 Dec 2009 19:15:12 -0500City of Industry, CA --(www.FinancialNewsUSA.com)-- 12/08/2009 - Financial News industry news provided by Financial News USA. Stocks tumbled Tuesday, with the Dow losing over 100 points, as investors ... Financial News USA Tue, 08 Dec 2009 19:05:10 -0500City of Industry, CA --(www.FinancialNewsUSA.com)-- 12/08/2009 - Financial industry news provided by Financial News USA. WASHINGTON (AP) -- General Electric Co. says profits at its lending arm will st... Financial News USA Tue, 08 Dec 2009 19:05:06 -0500(AP) - Among the earnings stories for Tuesday, Dec. 8, from AP Financial News: CINCINNATI (AP) — The Kroger Co. is hurting from California's ailing economy and the overall bite of a dollar-... Canadian Business Tue, 08 Dec 2009 19:01:11 -0500Stranger things have happened than this. I think. Microsoft has formed a new group within the Sever & Tools Business: The Server & Cloud Division, or SCD. Is it me, or is there some redundancy there, ... Beta News Tue, 08 Dec 2009 18:59:21 -0500In this undated image provided by the Consumer Product Safety Commission, a Amby Baby Motion Bed is seen. Two infant deaths have led to the recall of about 24,000 of the beds, which are hammock-like b... Seattle Post-Intelligencer Tue, 08 Dec 2009 18:56:05 -0500SAN FRANCISCO (MarketWatch) -- Texas Instruments Inc. on Tuesday narrowed its revenue and earnings outlook, pointing to a better-than-expected fourth quarter. The chip maker's shares fell in afte... Market Watch Tue, 08 Dec 2009 18:42:08 -0500MW ) plunged more than 15% in after-hours trading on Tuesday, after the company issued fourth-quarter earnings per share guidance below expectations. The retailer said it expects fourth-quarter net ... Fox Business Tue, 08 Dec 2009 18:41:11 -0500WASHINGTON--The U.S. Senate rejected Tuesday an attempt to tighten restrictions on abortion coverage in a healthcare overhaul, threatening a crucial Democrat's support for passage of the final bill. ... Fox Business Tue, 08 Dec 2009 18:41:09 -0500BFB ), maker of alcoholic beverages including Jack Daniel’s whiskey and Finlandia vodka, reported a 3% rise in earnings for its fiscal second-quarter. Revenue dropped 4% to $892.9 million, beating... Fox Business Tue, 08 Dec 2009 18:41:08 -0500SPG ) said Tuesday it will acquire outlet shopping mall company Prime Outlets Acquisition for around $700 million in cash and equity. Simon will pay 80% cash and 20% in units of its operating partne... Fox Business Tue, 08 Dec 2009 18:41:07 -0500CNO ) announced on Tuesday plans to amend its senior credit facility and projected that operating profit for 2010 would be lower-than-expected. The news sent the company’s shares down by 6%. The ... Fox Business Tue, 08 Dec 2009 18:41:05 -0500JOLTS ) – which cast new doubt on last Friday’s report showing job losses shrank to 11,000 in November, one-tenth the number of jobs lost in October. According to the JOLTS data, job openings d... Fox Business Tue, 08 Dec 2009 18:41:03 -0500WASHINGTON -- An effort to add abortion restrictions to the sweeping Senate health-care bill failed on Tuesday as senators shot down an amendment offered by Sen. Ben Nelson, D-Neb. Nelson's amendment... Fox Business Tue, 08 Dec 2009 18:41:00 -0500XOM ) agreed on Tuesday to move forward with a planned $15 billion liquefied natural gas project in Papua New Guinea. The project's approval is hinging on landing sales agreements in Asia. The deals... Fox Business Tue, 08 Dec 2009 18:40:58 -0500LOS ANGELES (Reuters) - PepsiCo Inc lowered the top end of its revenue and earnings outlooks, as it steps up investments in projects aimed at increasing its growth and profitability amid falling North... Reuters Tue, 08 Dec 2009 18:40:14 -0500NEW YORK (Reuters) - Texas Instruments Inc said on Tuesday its fourth-quarter earnings and revenue would be at the high end of its target range, but its shares fell almost 2 percent as some investors ... Reuters Tue, 08 Dec 2009 18:40:13 -0500NEW YORK (Reuters) - JPMorgan Chase & Co sees additional losses on credit cards and home loans next year although there are some signs the rate of losses is settling and it may not need to build c... Reuters Tue, 08 Dec 2009 18:40:13 -0500Canwest Global Communications Corp. says it acted within its legal rights to bring its shares in specialty television channels it co-owns with Goldman Sachs & Co. into its creditor-protection proc... Financial Post Tue, 08 Dec 2009 18:39:57 -0500Dave & Buster's, Inc., a leading operator of high volume entertainment/dining complexes, today announced that it plans to report financial results for its third quarter 2009 before the Market op... CNBC Tue, 08 Dec 2009 18:10:15 -0500ACTU , the people behind BIRT™, and Xenos Group Inc. (TSX:XNS), the market-leading provider of high-performance software solutions that deliver a superior Return on Information™, today announce... CNBC Tue, 08 Dec 2009 18:10:13 -0500CLEVELAND, Dec. 8/PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB), today announced EBDT, net earnings and revenues for the three and nine months ended October 31, 2009. EB... CNBC Tue, 08 Dec 2009 18:10:13 -0500- Q4 molybdenum prices significantly boosted the company's treasury since Q3 end; - Cash costs of approximately Cdn$7.30 (US$6.65) for the year; - Average molybdenum recoveries of approximately 95%... CNBC Tue, 08 Dec 2009 18:10:07 -0500Oil prices have fallen for the fifth day in a row, weighed down by a stronger US dollar and amid concerns over demand.Prices dropped after the US Energy Information Administration lowered its forecast... BBC Tue, 08 Dec 2009 18:09:38 -0500(RTTNews) - Stocks fell by notable margins on Tuesday, as traders took the opportunity to do some profit taking on a day that was once again light on economic catalysts in the U.S. Some traders looke... Quote.com Tue, 08 Dec 2009 18:08:51 -0500United Airlines is ordering 50 new airplanes the way some people ease into a cold lake. Toes first, and very slowly. The deal announced Tuesday has several conservative pieces. United split its order... Star Tribune Tue, 08 Dec 2009 17:26:44 -0500TALLAHASSEE, Fla. - A bill that would clear the way for commuter and transit rail systems, which may in turn attract federal stimulus money to also build a high-speed line, sped to Gov. Charlie Crist... Star Tribune Tue, 08 Dec 2009 17:26:43 -0500BATTLE CREEK, Mich. - Food maker Kellogg Co. said Tuesday it has promoted Ronald Dissinger, a 22-year veteran of the company, to chief financial officer as of Jan. 3. He takes over from John Bryant,... Star Tribune Tue, 08 Dec 2009 17:26:42 -0500NEW YORK (MarketWatch) -- Stocks endured their steepest daily loss Tuesday since the Dubai debt crisis erupted as comments from credit-rating agencies rekindled worries about the emirate and other sov... MarketWatch Tue, 08 Dec 2009 17:20:34 -0500On Dec. 8, an early version of MarketWatch's Market Snapshot column should have reported Greece's credit rating was cut at Fitch to triple-B-plus, not triple-B-minus. MarketWatch Tue, 08 Dec 2009 17:20:27 -0500London's Canary Wharf financial district. After years of reliance on the financial sector to drive the UK economy, Labour now aims to diversify. Photograph: Guardian House prices are booming, indust... Guardian Tue, 08 Dec 2009 17:17:03 -0500Tesco reported slower than expected quarterly sales growth today, disappointing some City analysts who had expected its recent marketing blitz to pay off before Christmas. Guardian Tue, 08 Dec 2009 17:17:00 -0500While his contemporaries are probably still learning the ropes in their first jobs and coming to terms with the end of university, Jan Sramek is already making waves in the Square Mile. The 22-year-ol... Guardian Tue, 08 Dec 2009 17:16:59 -0500Conrad Black's lawyer Miguel Estrada attends the supreme court hearing in Washington. Photograph: Evan Vucci/AP If he'd been allowed out of his prison cell at Florida's Coleman correctional complex,... Guardian Tue, 08 Dec 2009 17:16:57 -0500Climate Change report into aviation, and warned that it will make the "biggest mistake ever" if it blocks a third runway at Heathrow.In a tirade at one of... Guardian Tue, 08 Dec 2009 17:16:55 -0500A truck leaves DP World Jebel Ali Port in Dubai. The company was one of six downgraded by Moody's credit ratings agency. Photograph: Steve Crisp/Reuters Credit woes extended to... Guardian Tue, 08 Dec 2009 17:16:53 -0500Computerworld - Microsoft today patched 12 vulnerabilities in Windows, Office and Internet Explorer (IE), including three critical bugs in the company's newest browser, IE8. Of the 12 flaws fixed in T... Computerworld Tue, 08 Dec 2009 17:13:29 -0500Hoku Scientific (Nasdaq: HOKU) was up 21.2 percent at $2.85, following reports that it announced an amended agreement that would provide funding for its polysilicon plant in Idaho. Other Hawaii stock... Business Journal Tue, 08 Dec 2009 17:12:15 -0500Hoku Scientific (Nasdaq: HOKU) was up 21.2 percent at $2.85, following reports that it announced an amended agreement that would provide funding for its polysilicon plant in Idaho. Other Hawaii stock... Pacific Business News Tue, 08 Dec 2009 17:10:53 -0500Microsoft has used blog postings and Twitter feeds over the past few days to remind users that support for Windows XP Service Pack 2 and Windows 2000 will expire in July 2010, perhaps encouraging user... eWeek Tue, 08 Dec 2009 17:06:48 -0500Microsoft released fixes on Tuesday for a critical vulnerabilities in Internet Explorer, including one for which exploit code has been released. Adobe, meanwhile,... CNet Tue, 08 Dec 2009 16:57:19 -0500Microsoft released fixes on Tuesday for a critical vulnerabilities in Internet Explorer, including one for which exploit code has been released. Adobe, meanwhile,... CNet Tue, 08 Dec 2009 16:57:15 -0500SAN FRANCISCO -- SAIC Inc. said late Tuesday that its third-quarter profit rose to $135 million, or 34 cents a share, from $120 million, or 29 cents a share, in the year-ago period. Revenue rose to $... Fox Business Tue, 08 Dec 2009 16:51:39 -0500SAN FRANCISCO -- Men's Wearhouse late Tuesday reported its third-quarter net income rose to $19.7 million, or 37 cents a share, from $14.6 million, or 28 cents a share, in the same quarter a year ago... Fox Business Tue, 08 Dec 2009 16:51:38 -0500SAN FRANCISCO -- PepsiCo Inc. said late Tuesday it agreed to make and distribute certain Dr Pepper Snapple Group Inc. products following Pepsi's acquisition of bottlers Pepsi Bottling Group Inc. and ... Fox Business Tue, 08 Dec 2009 16:51:36 -0500WASHINGTON -- The Treasury Department announced Tuesday that it will sell 84.4 million warrants to purchase common stock of JP Morgan Chase & Co. in a secondary public offering. The auction will comm... Fox Business Tue, 08 Dec 2009 16:51:35 -0500TLB ) on Tuesday announced it will repurchase the 54% stake held in the company by Japan's Aeon via a special-purpose acquisition vehicle. Talbots will repurchase the stock via a merger agreement wi... Fox Business Tue, 08 Dec 2009 16:51:30 -0500NEW YORK -- Executives from GE Capital, a unit of General Electric Co. , said on Tuesday that the company expects to have about $7 billion in unrealized losses in the battered commercial real estate ... Fox Business Tue, 08 Dec 2009 16:51:28 -0500NEW YORK (Reuters) - Billionaire hedge fund manager John Paulson said on Tuesday he still sees compelling long-term returns in equities even after their sharp run-up this year, while holding no short ... Reuters Tue, 08 Dec 2009 16:50:18 -0500TORONTO -- Canada's Cameco Corp. said on Tuesday it will sell its entire 49% stake in Asia-focused miner Centerra Gold for $872 million, a discount on the price of Centerra's publicly traded shares. ... Financial Post Tue, 08 Dec 2009 16:49:38 -0500TORONTO -- The head of Royal Bank of Canada said on Tuesday the bank is mulling acquisitions to build its business, particularly in global wealth management, but does not see a blockbuster U.S. retail... Financial Post Tue, 08 Dec 2009 16:49:36 -0500Microsoft released fixes on Tuesday for a critical vulnerabilities in Internet Explorer, including one for which exploit code has been released. Adobe, meanwhile,... CNet Tue, 08 Dec 2009 16:49:27 -0500Dubai Debt Sparks Uncertainty An embattled Wall Street now faces concerns over debts plaguing the once-prosperous city of Dubai. As Hari Sreenivasan reports, Dubai's setbacks have caused fears of a ne... CBS News Tue, 08 Dec 2009 16:47:45 -0500Two clients plan to pull money from the bond-fund outfit as 14 more staffers leave in the wake of the departure of its star manager Jeffrey Gundlach... Business Week Tue, 08 Dec 2009 16:24:35 -0500WOLFSBURG (GERMANY): European auto giant Volkswagen Aktiengesellschaft on Tuesday said it has bought 49.9% stake in luxury car maker Porsche for $5.8 billion. Volkswagen said the combination of the... Times Of India Tue, 08 Dec 2009 16:21:24 -0500Microsoft Corp. (MSFT) is expected to formally resolve its dispute with European Commission antitrust regulators over its Internet Explorer browser... Morning Star Tue, 08 Dec 2009 16:19:06 -0500CMRO , a leading provider of innovative mobile power solutions through its ChargeSource? line of multi-function universal mobile power products, today announced a significantly improved financial pe... CNBC Tue, 08 Dec 2009 16:18:35 -0500“The initiation of digital Raven deliveries at the end of our second quarter marked a milestone for our business and our customers,” said Tim Conver, AV chairman and chief executive officer. “... CNBC Tue, 08 Dec 2009 16:18:28 -0500US lender CIT Group's reorganisation plan has been approved by a judge, paving the way for it to exit bankruptcy protection within days.The plan will reduce the group's debt by $10.5bn (£6.5bn).... BBC Tue, 08 Dec 2009 16:17:55 -0500About 24,000 hammock-like baby beds sold by a Twin Cities company are being recalled and all sales halted after two infants died, federal officials said Tuesday, adding that parents should stop using ... Star Tribune Tue, 08 Dec 2009 15:35:53 -0500BOSTON - If the key to successful investing is buying low, then an abundance of caution is in order if you're rebalancing your portfolio.This year's rally has sent prices for everything from stocks t... Star Tribune Tue, 08 Dec 2009 15:35:51 -0500WASHINGTON - General Electric says the financial stability of its big lending arm has improved since earlier this year, but high losses on loans gone bad in areas like commercial real estate will con... Star Tribune Tue, 08 Dec 2009 15:35:50 -0500Lord Mandelson's Business Department announced a £5,000 grant in spring to help buy electric cars. Photograph: Everett Kennedy Brown/EPA Big incentives to boost electric cars in company car fleets ... Guardian Tue, 08 Dec 2009 15:24:55 -0500Conrad Black leaves the federal courthouse after his sentencing hearing in Chicago on 10 December 2007. Photograph: John Gress/Reuters/Reuters Disgraced press baron... Guardian Tue, 08 Dec 2009 15:24:53 -0500Grand Theft Auto IV: developed in Scotland. Calls from video game developers for government support are understood to have fallen on deaf ears, with chancellor Alistair Darling expected to reject th... Guardian Tue, 08 Dec 2009 15:24:52 -0500Lord Turner's Committee on Climate Change has finally published its long-awaited report on the future of UK aviation in the context of a shrinking national carbon budget. It tells us what we already k... Guardian Tue, 08 Dec 2009 15:24:50 -0500Microsoft and data storage company NetApp Inc. today announced a three-year agreement that cements what had already been years of product collaboration and technical integration. The deal also extends... Computerworld Tue, 08 Dec 2009 15:21:29 -0500THE ASSOCIATED PRESS WASHINGTON -- General Electric says the financial health of its big lending arm has improved since earlier this year, but high losses on loans gone bad will continue into next ... Seattle Post-Intelligencer Tue, 08 Dec 2009 15:14:33 -0500FILE - In this file photo taken April 20, 2009, a neon sign reminds patrons at a McDonald's restaurant of the 24 hour service in the Wrigleyville neighborhood of Chicago. McDonald's Corp., the world's... Seattle Post-Intelligencer Tue, 08 Dec 2009 15:14:33 -0500FILE - In this Nov. 16, 2009 file photo, then General Motors Corp. Executive Vice President and Chief Financial Officer Ray Young speaks to reporters after a news conference at company headquarters in... Seattle Post-Intelligencer Tue, 08 Dec 2009 15:14:32 -0500Why Google Is Vulnerable to Feds, Not Microsoft Bing ( Page 1 of 2 ) Google bested Microsoft Bing in real-time search Dec. 7 with an integrated offering that sits in the middle of the search results ... eWeek Tue, 08 Dec 2009 15:14:31 -0500GE ) said Tuesday that its finance arm, GE Capital, will see flat earnings in 2010, though results should improve in 2011 as its balance sheet recovers. Company officials, speaking at an investor co... Fox Business Tue, 08 Dec 2009 14:59:55 -0500NEW YORK -- Gold futures fell Tuesday for a third straight session as worries about credit problems in Greece and Dubai helped the U.S. dollar extend gains, reducing gold's appeal as an alternative t... Fox Business Tue, 08 Dec 2009 14:59:53 -0500SAN FRANCISCO -- General Motors Chairman and interim CEO Ed Whitacre said in a Web chat with reporters on Tuesday that the automaker is considering paying off its debt to the U.S. government in one l... Fox Business Tue, 08 Dec 2009 14:59:50 -0500Consumer Credit Counseling Service of Greater Atlanta . “You want to make sure you pay off or pay down the debt instead of moving it around to other cards.” No. 3: Give yourself boundaries. ... Fox Business Tue, 08 Dec 2009 14:59:49 -0500Securities and Exchange Commission Tuesday filed suit against New York private equity form Rockford Funding Group LLC, alleging the firm ran an $11 million Ponzi scheme. The suit alleges the compan... Fox Business Tue, 08 Dec 2009 14:59:45 -0500SAN FRANCISCO -- General Motors Chairman and interim CEO Ed Whitacre told reporters on Tuesday that the company could name a new chief financial officer within three weeks to replace Ray Young. "We'r... Fox Business Tue, 08 Dec 2009 14:59:43 -0500NEW YORK -- The Treasury Department sold $40 billion in 3-year notes on Tuesday at a yield of 1.223%, the first of three big note and bond sales this week. Investors bid for 2.98 times the amount of ... Fox Business Tue, 08 Dec 2009 14:59:41 -0500DETROIT (Reuters) - The board of General Motors Co will get an update on the search for a new chief executive by next month as a recruiting firm compiles a short list of candidates, a person familiar ... Reuters Tue, 08 Dec 2009 14:58:40 -0500CSCO.O ) Chief Executive John Chambers reiterated the company's long-term target of 12 percent to 17 percent annual revenue growth, citing an economic recovery and expansion into new markets. Reuters Tue, 08 Dec 2009 14:58:36 -0500ATHENS -- Greece was jolted on Tuesday by the downgrading of its debt rating to the lowest level in the eurozone as worries grow about its public finances, driving bank shares, bonds and the euro down... Financial Post Tue, 08 Dec 2009 14:58:04 -0500CIT Group Inc., the 101-year-old commercial lender, won court approval of a plan to cancel old shares, shed debt and exit bankruptcy court protection with new stock worth as much US$11-billion. U.S. ... Financial Post Tue, 08 Dec 2009 14:58:02 -0500Garda World Security Corp. said on Tuesday it has been awarded a three-year contract worth more than $100-million to provide security for British diplomats in Iraq, a high-profile agreement that could... Financial Post Tue, 08 Dec 2009 14:58:01 -0500 |
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