In-Depth Look - 2Q Earnings Outlook

Posted by Financial Market News on July 7th, 2009

Interview and discussion with Laszlo Birinyi of the Birinyi Associates. He talks about the economy and what stocks are good to buy this season.

Deadline for Globe bids postponed

Posted by Financial Service News on July 7th, 2009

No new date has been set for the bids. Representatives of Goldman Sachs & Co., the investment banking firm hired by the Times Co.

Sensex recovers 127 points

Posted by Financial Market News on July 7th, 2009

MUMBAI: The stock markets showed signs of stability a day after the huge budget-day fall, with the Bombay Stock Exchange benchmark Sensex closing 127 points up amid high volatility and buoyant European cues.

Goldman May Lose Millions From Code Theft - Prosecutor

Posted by Financial Service News on July 7th, 2009

Goldman Sachs may lose millions, if their software gets into the wrong hands. A former Goldman computer programmer is charged with stealing a code.

Asia stocks up

Posted by Financial Market News on July 7th, 2009

An investor watches a market board indicating the Chinese stock market index in a trading house in Beijing November 3, 2008.

Bill Clinton seeks to regain donors’ attention on first visit as UN envoy to troubled Haiti

Posted by Financial Service News on July 7th, 2009

Bill Clinton aims to refocus international attention on this Caribbean country's deep economic problems and environmental decay during his first visit as the United Nations' special envoy to Haiti.

U.S. services decline slows, but jobs still languish

Posted by Financial Market News on July 7th, 2009

The U.S. service sector was still shrinking last month but at a slowing pace, with activity at the highest since September 2008, when Lehman Brothers' collapse exacerbated the global financial crisis, a report showed on Monday.

Lear files for Chapter 11 bankruptcy protection

Posted by Financial Service News on July 7th, 2009

Struggling automotive parts supplier Lear Corp. said it has filed for Chapter 11 bankruptcy protection after receiving the support it needed from lenders and bondholders.

Rates unchanged at 3 per cent

Posted by Financial Service News on July 7th, 2009

THE Reserve Bank of Australia has left rates unchanged at a 49-year low of 3 per cent amid signs the global economy is stabilising and domestic inflation will continue to abate.

Recovery worries hit Wall Street at open

Posted by Financial Market News on July 7th, 2009

US stocks fall as investors worried about the strength and timing of an economic recovery, with a drop in oil and commodity prices weighing down shares in those sectors.


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