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- Wall Street rises on upbeat economic data
(Reuters)
Thu, 09 Sep 2010 14:29:27 GMT
Reuters - Stocks rose nearly 1 percent in morning trading on Thursday after data indicated the U.S. economy may see faster growth than economists have anticipated. - Jobless claims add hope to labor outlook
(Reuters)
Thu, 09 Sep 2010 13:20:20 GMT
Reuters - New claims for unemployment benefits fell more than expected last week to a two-month low, while the trade deficit narrowed sharply in July, hopeful signs for the stuttering economic recovery. - British MPs to grill BP CEO Hayward
(Reuters)
Thu, 09 Sep 2010 11:46:17 GMT
Reuters - British Members of Parliament (MPs) will next week grill outgoing BP Plc Chief Executive Tony Hayward, as part of an investigation into risks around deepwater drilling in the North Sea. - McDonald's shares fall on limp sales in France
(Reuters)
Thu, 09 Sep 2010 14:37:52 GMT
Reuters - McDonald's Corp reported softer-than-expected August sales in Europe, its biggest revenue market, due to weakness in France, sending its shares down nearly 3 percent. - UK watchdog fines Goldman Sachs $27 million
(Reuters)
Thu, 09 Sep 2010 09:44:26 GMT
Reuters - Britain's financial watchdog slapped a 17.5 million pounds ($27 million) fine on Goldman Sachs on Thursday for inadequate disclosure of a U.S. probe into the Wall Street powerhouse. - Wall Street up as fears for European economy ease
(AFP)
Wed, 08 Sep 2010 14:24:11 GMT
AFP - US stocks were slightly up on Wednesday after news of a successful Portuguese debt auction eased the previous day's concerns about the European economy. - US loses ground in competitiveness report
(AP)
Thu, 09 Sep 2010 11:28:27 GMT
AP - The U.S. has slipped down the ranks of competitive economies, falling behind Sweden and Singapore due to huge deficits and pessimism about government, a global economic group said Thursday. - Spartech posts fiscal 3Q loss, misses expectations
(AP)
Wed, 08 Sep 2010 23:24:40 GMT
AP - Plastic sheet and packaging maker Spartech Corp. reported a net loss for its fiscal third quarter on Wednesday and said that despite higher revenue, the overall market recover is slower than expected. - Struggling Spain OKs labor market reforms
(AP)
Thu, 09 Sep 2010 13:57:15 GMT
AP - Spain gave final approval Thursday to labor market reforms designed to shake up a listless economy and help slash a bloated deficit that has prompted European-wide worries of another Greek-style debt crisis. - FDIC's Bair warns of government "exposure" in mortgages
(Reuters)
Thu, 09 Sep 2010 03:53:37 GMT
Reuters - A key U.S. banking regulator raised concern on Wednesday about the risk of "exposure" the government is taking on in the mortgage market and urged more stringent standards for underwriting mortgages.