Japan Noda warns on yen, suggests joint steps difficult (Reuters)
Reuters – Japanese Finance Minister Yoshihiko Noda said on Saturday Tokyo would take decisive steps to stem the yen’s rise when needed, while suggesting that coordinated currency market intervention was a difficult option.
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Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)
September 4, 2010 by admin
Filed under Personal Finance
AFP – Brazil’s Petrobras unveiled one of the world’s biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.
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Summary Box: Campbell Soup 4th-qtr results (AP)
September 4, 2010 by admin
Filed under Company Earnings
AP – SALES DOWN, PROFIT UP: The Campbell Soup Co. said Friday that its adjusted fourth-quarter profit was up 7 percent, even though its sales were down 1 percent.
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EU reaches deal on cross-border financial supervisors (AFP)
AFP – Europe took a big step closer on Thursday to its goal of creating cross-border financial supervisors, reaching a “crucial milestone” in efforts to reform a sector blamed for the global recession.
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SEC reaches settlement with ex-Qwest CEO Nacchio (AP)
September 4, 2010 by admin
Filed under Stock Markets
AP – The Securities and Exchange Commission has reached a settlement in its civil lawsuit against former Qwest CEO Joseph Nacchio.
View full post on Yahoo! News: Stock Markets News
Obama: New jobs numbers ‘positive’ but not enough (AP)
AP – President Barack Obama welcomed news Friday of better-than-expected private sector job growth. But with the unemployment rate ticking upward nevertheless, he said he’d roll out new plans next week to spur the economy.
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5 Tax Moves to Make Now (U.S. News & World Report)
September 3, 2010 by admin
Filed under Personal Finance
U.S. News & World Report – It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on [...]
Campbell reports Q4 profit rise on better margins (AP)
September 3, 2010 by admin
Filed under Company Earnings
AP – The Campbell Soup Co. reported a larger profit Friday for its fourth fiscal quarter, a time when the temperature rises and its soup sales traditionally drop.
View full post on Yahoo! News: Earnings News
Swedish bank Carnegie buys troubled competitor (AP)
AP – Swedish investment bank Carnegie AB Friday said it will buy competitor HQ Bank AB, which had its banking license revoked by the financial watchdog last week.
View full post on Yahoo! News: Business – European Economy
Experts see trouble ahead for developed world (AP)
AP – Is the global economy out of the woods? Two years after near-meltdown, with the U.S. looking sluggish, equity markets groggy and Europeans fighting a debt crisis, experts gathered in Italy offered a generally gloomy outlook — especially for the United States and much of the industrialized world.
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