Business News - The Last 24 Hours

Hurricane Earl menaces US East Coast
Sydney Morning Herald - 52 min 25 sec ago
Hurricane Earl bore down on a vast stretch of the US East Coast, as tens of thousands of people fled North Carolina's barrier islands to avoid dangerous winds and surf.

RELATED:

BusinessWeek - Earl Forecast to Pass Closest to Massachusetts Coast - 6 hours 54 min ago

BusinessWeek - Earl Forecast to Pass Closest to Massachusetts on Path North - 9 hours 56 min ago

Sydney Morning Herald - Earl downgraded - 9 hours 57 min ago

Wall Street Journal - East Coast Braces for Hurricane Earl - 10 hours 53 min ago

Sydney Morning Herald - Hurricane Earl closes in on US East Coast - 12 hours 2 min ago

BusinessWeek - Hurricane Earl Strengthens, Heads for North Carolina - 16 hours 8 min ago

BusinessWeek - Hurricane Earl Strengthens, Bears Down on North Carolina Coast - 18 hours 11 min ago

BusinessWeek - Hurricane Earl Strengthens as It Nears Eastern U.S. - 20 hours 19 min ago

AP - Some bunker down, some flee as Earl approaches US - 20 hours 34 min ago

Sydney Morning Herald - NASA drone to overfly Hurricane Earl - 21 hours 47 min ago

COMMENTARY:

Zero Hedge - Update On Hurricane Earl As It Barrels On New York (And DTCC's Oh So Sensitive Fiber Optic Network) - 15 hours 59 min ago

BusinessInsider - Hurricane Earl Update: Your Weekend On Cape Cod Will Be Wrecked - 16 hours 54 min ago

DailyFinance - Hurricane Earl: A Lost Weekend for Airlines and Insurance Companies - 17 hours 16 min ago

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China approached Canadian fund on rival Potash bid
Reuters - 56 min 18 sec ago
MELBOURNE/TORONTO (Reuters) - Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada's Potash Corp to rival BHP Billiton's $39 billion hostile offer.

RELATED:

BusinessWeek - Alberta Fund Got Chinese Approach on Potash Corp. Bid, CEO Says - 2 hours 56 min ago

Wall Street Journal - Canadian Rejected China Potash Offer - 5 hours 10 min ago

AP - Pension fund approached on Potash bid - 5 hours 40 min ago

BusinessWeek - Alberta Fund Got Chinese Approach on Potash, CEO Says - 7 hours 7 min ago

Sydney Morning Herald - Canadian funds eye Potash bid - 7 hours 11 min ago

BusinessWeek - Alberta Fund Approached by Chinese on Potash Bid, CEO Says - 8 hours 35 min ago

BusinessWeek - Chinese Investors Approached Alberta Pension Fund Over Potash - 10 hours 18 min ago

Sydney Morning Herald - Worried Chinese looking for ways to stymie BHP bid for Potash - 11 hours 16 min ago

Sydney Morning Herald - China digs for ways to stymie BHP’s Potash bid - 23 hours 36 min ago

Reuters - China digs for ways to stymie BHP's Potash Corp bid - 23 hours 56 min ago

COMMENTARY:

Zero Hedge - Pension Funds Looking at Potash Bid? - 1 hour 42 min ago

DealBook - China Digs For Ways to Stymie BHP's Potash Bid - 20 hours 44 min ago

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Asian Stocks Rise After U.S. Home Sales; Japanese Bonds Fall
BusinessWeek - 1 hour 10 min ago
Asian stocks rose, extending the benchmark index’s biggest weekly gain in a month, as a surprisingly positive increase in U.S. home sales lifted confidence in the world’s largest economy. Japanese bonds dropped while the South Korean won strengthened.

RELATED:

BusinessWeek - Japanese Stocks Advance for Second Day on U.S. Factory Report - 17 hours 51 min ago

BusinessWeek - Kan and Ozawa Spar Over Japan Economy, Scandals in Party Debate - 21 hours 4 min ago

BusinessWeek - Japan’s Topix to Rise on More Yen Curbs, Nomura Says - 23 hours 39 min ago

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Eldorado Gold Bids C$3.4 Billion in Stock for Andean
BusinessWeek - 1 hour 20 min ago
Eldorado Gold Corp., Canada’s fifth- largest producer by market value, offered C$3.4 billion ($3.2 billion) in stock for Australia’s Andean Resources Ltd., which said it’s in talks for a rival transaction.

RELATED:

AP - Most Asian stocks rise on improving US data - 1 hour 46 min ago

Indiatimes - Asian stocks rise on improving US data - 2 hours 57 min ago

Sydney Morning Herald - Good leads signal strong showing for stocks - 6 hours 12 min ago

Sydney Morning Herald - European stocks rally peters out - 7 hours 7 min ago

Sydney Morning Herald - US stocks rise on economic hopes - 7 hours 34 min ago

BusinessWeek - Petrobras to Pay $42.5 Billion in Stock for Reserves - 14 hours 46 min ago

BusinessWeek - EU May Limit Naked Shorts of Stocks, Government Debt - 14 hours 50 min ago

BusinessWeek - EU Plans to Limit Naked Short Sales of Stocks, Government Debt - 15 hours 36 min ago

Indiatimes - Asia stocks gain on US data, Europe falls - 19 hours 18 min ago

BusinessWeek - This Time Seen Different as Emerging Stocks Top World - 20 hours 36 min ago

Indiatimes - European stocks slip at open; London down 0.33 pc - 20 hours 43 min ago

AP - Oil hovers below $74 as global stocks rally - 23 hours 4 min ago

Indiatimes - Asia stocks gain on brighter US data - 23 hours 25 min ago

COMMENTARY:

Seeking Alpha - Best Performing Russell 3,000 Stocks Year to Date - 1 hour 16 min ago

Zero Hedge - RANsquawk Market Wrap Up - Stocks, Bonds, FX etc. – 02/09/10 - 8 hours 6 min ago

Wall Street Pit - The Current Hottest Stocks - 8 hours 45 min ago

Seeking Alpha - Dow Dividend Stocks - Top 5 Covered Calls - 9 hours 16 min ago

BusinessInsider - Bill Fleckenstein: I Wouldn't Own A Financial Stock With A Gun At My Head - 9 hours 49 min ago

Daily Reckoning - Why Stock Market Rallies Aren’t Worth the Hype - 10 hours 16 min ago

Daily Markets - Will The US Stock Market Break Above August’s Highs? - 10 hours 17 min ago

Seeking Alpha - The Market Is Perfectly Correlated, So Why Bother With Individual Stocks? - 11 hours 16 min ago

Daily Markets - Stock Market News Briefs: Citigroup, Deutsche Bank AG, Hewlett-Packard Company, Moody’s, Open Joint Stock Company Vimpel-Communications”", Piper Jaffray Companies, PPL, Red Hat, Rio Tinto Plc, Texas Instruments Incorporated, Allscripts Healthcare Solution - 12 hours 11 min ago

Seeking Alpha - Wal-Mart Stock Should Benefit From Lower Spending and More Stores - 12 hours 15 min ago

Seeking Alpha - 10 Rebounding Dividend Stocks With Conservative Accounting Practices - 15 hours 16 min ago

BusinessInsider - 10 Unusual Stocks Attracting Huge Interest In The Pre-Market Right Now (BKC, TD, DAL, COST, CERS, OREX, CRME, POT, ASYS, ATEC, BHP, MPEL) - 15 hours 46 min ago

WSJ MarketBeat - Europe: Stock Rally Peters Out, Waits For U.S. - 16 hours 10 min ago

BusinessInsider - Will The Stock Market Be Stalled Until 2020? - 16 hours 17 min ago

Seeking Alpha - General Mills: One of America's Safest Stocks - 19 hours 16 min ago

Seeking Alpha - Value Screening U.S. Stocks – And Seven Picks That Meet the Criteria - 19 hours 16 min ago

Daily Markets - US Stock Market Conditions Ripe For Bulls To Stage A Rally - 21 hours 15 min ago

Daily Markets - US Dollar Gets Crushed As Stock Markets Rally - 23 hours 22 min ago

Daily Markets - US Stock Market: Sell Into Rally Or Buy Aggressively? - 23 hours 25 min ago

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Asia Stocks Advance for a Third Day on U.S. Home, Retail Sales
BusinessWeek - 2 hours 3 min ago
Asian stocks rose, extending the benchmark index’s advance for a third day, after U.S. reports showed an unexpected increase in pending home sales, a decline in initial jobless claims and improved retail sales.

RELATED:

Sydney Morning Herald - Discounts spur surprising Aug. retail sales gains - 8 hours 8 min ago

New York Times - U.S. Retailers Depended on Discounts in August - 13 hours 27 min ago

Wall Street Journal - Retailers Show Surprising Strength - 15 hours 52 min ago

Reuters - Retailers' August sales beat estimates - 15 hours 53 min ago

AP - Retailers report sales gains for August - 16 hours 4 min ago

COMMENTARY:

Seeking Alpha - A Preliminary Look at Retail: Sales on an Uptrend? - 7 hours 16 min ago

Daily Markets - Mixed Results At Teen Retailers - 12 hours 10 min ago

DailyFinance - August Retail Sales Beat Expectations as Stores Get Smarter - 13 hours 9 min ago

24/7 Wall St. - Retailers See Role Reversal to Start September (COST, TGT, FDO, WMT, M, JCP, KSS, JWN, LTD, GPS, ANF, ARO, BKE, ZUMZ, HOTT) - 13 hours 11 min ago

Seeking Alpha - Upside Surprise for Retailers - 13 hours 16 min ago

Seeking Alpha - Can Retail Sales Prosper Despite the Weak Labor Market? - 20 hours 16 min ago

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Mirae Asset Favors Korean Banks on Possible Rate Rise
BusinessWeek - 2 hours 22 min ago
Mirae Asset Securities Co. favors South Korea’s life insurance and bank stocks, saying that the central bank is likely to raise interest rates as early as this month given the nation’s economic growth.

RELATED:

Sydney Morning Herald - Gold rises on stagnant rates expectations - 6 hours 47 min ago

Sydney Morning Herald - ECB keeps main interest rate steady - 7 hours 9 min ago

BusinessWeek - Velarde Says Peru to Raise Interest Rates ‘Gradually’ - 9 hours 46 min ago

Sydney Morning Herald - ECB holds rate as investors await bank measures - 15 hours 37 min ago

BusinessWeek - Euro Drops Versus Yen as ECB Keeps Rates on Hold; Franc Jumps - 16 hours 2 min ago

BusinessWeek - ECB Keeps Key Interest Rate at 1%, May Maintain Crisis Mode - 16 hours 15 min ago

BusinessWeek - Hungary Cuts Debt Sale as Rate Hike Fears Sap Demand - 17 hours 20 min ago

AP - ECB may raise projections, but not rates - 20 hours 2 min ago

Wall Street Journal - Sweden Raises Interest Rates - 20 hours 12 min ago

COMMENTARY:

Wall Street Pit - 30-Year Mortgage Rate Declines to 4.32% - 11 hours 9 min ago

The Big Picture - Interest Rates: 60-Year Cycle - 11 hours 45 min ago

Seeking Alpha - Thursday FX Interest Rate Monitor - 13 hours 16 min ago

Daily Markets - Forex Market Awaits ECB Interest Rate Decision - 15 hours 6 min ago

BusinessInsider - No surprise. The ECB leaves interest rates unchanged. - 16 hours 27 min ago

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Video lambasting Google on privacy hits Times Square
Sydney Morning Herald - 2 hours 26 min ago
A video cartoon featuring Google's chief giving away ice cream to snoop on children aired on a giant screen in Times Square as a privacy group continued to hound the Internet giant.

RELATED:

Sydney Morning Herald - Video lambasts Google on privacy - 2 hours 32 min ago

Sydney Morning Herald - Summary Box: Google, AOL reach new search deal - 6 hours 26 min ago

Indiatimes - Apple, Google to clash in music space by Xmas - 8 hours 17 min ago

Reuters - Apple and Google to clash in music space by Christmas - 9 hours 29 sec ago

Sydney Morning Herald - AOL renews search deal with Google - 12 hours 26 min ago

AP - AOL signs new search agreement with Google - 15 hours 25 min ago

AP - Google, Skype targeted in India security crackdown - 16 hours 2 min ago

Indiatimes - Google cleared of spying in New Zealand - 20 hours 49 min ago

BusinessWeek - India Asks RIM, Google, Skype to Build Local Servers - 22 hours 54 min ago

COMMENTARY:

Tech Trader Daily - Google: Eric Schmidt, The Creepy, Evil Ice Cream Truck Driver - 6 hours 54 min ago

Tech Trader Daily - Google Reportedly In Talks To Launch Music Service By Xmas - 8 hours 27 min ago

Daily Markets - Price Levels To Watch In Google Shares - 13 hours 49 sec ago

DailyFinance - Google and AOL Expand Search and Advertising Partnership - 13 hours 6 min ago

Seeking Alpha - Aol, Google Renew Search Deal, Expand Partnership to Mobile, YouTube - 13 hours 16 min ago

TechCrunch - On Its Second Birthday, Google Chrome Officially Hits Version 6 - 13 hours 57 min ago

Tech Trader Daily - AOL Agrees To Extend Google Search Deal For Five Years - 15 hours 11 min ago

Seeking Alpha - Google Wins in Yahoo / Microsoft Search Deal - 15 hours 16 min ago

TechCrunch - AOL And Google Renew Search Deal For 5 Years, Expand Partnership To Mobile, YouTube - 15 hours 28 min ago

TechCrunch - Google Sued Over Nexus One 3G Connectivity Problems, Misleading Claims - 20 hours 15 min ago

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Samsung’s iPad rival debuts
Sydney Morning Herald - 2 hours 31 min ago
Samsung’s Apple iPad rival and worst kept secret after it was spotted on a Sydney train, the Samsung Galaxy Tab, was last night unveiled officially by the South Korean company.

RELATED:

BusinessWeek - Samsung, Toshiba ‘Me-Too’ Tablets Seek Price Edge to Fight IPad - 4 hours 25 min ago

Sydney Morning Herald - Samsung, Toshiba take on Apple with 'iPad killers' - 11 hours 47 min ago

Wall Street Journal - Samsung Sticks With Galaxy Lineup - 12 hours 24 min ago

Sydney Morning Herald - Samsung takes on Apple with iPad rival - 16 hours 26 min ago

Indiatimes - Samsung unveils iPad competitor Galaxy Tab - 16 hours 43 min ago

AP - Samsung unveils iPad competitor Galaxy - 17 hours 19 min ago

Sydney Morning Herald - Samsung unveils iPad rival - 17 hours 42 min ago

BBC - Samsung releases iPad competitor - 18 hours 46 sec ago

Indiatimes - Samsung to focus on Android, bada software - 18 hours 23 min ago

COMMENTARY:

TechCrunch - The First Samsung Galaxy Tab Commercial Shows Off Swype, Augmented Reality & Video Calling - 8 hours 5 min ago

Wall Street Pit - Samsung Turns Up the Heat on Apple’s iPad - 8 hours 21 min ago

TechCrunch - Hands-on Video With The Samsung Galaxy Tab (Spoiler: Wow) - 11 hours 24 min ago

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HP wins 3PAR for $2.4 billion as Dell drops out
Reuters - 2 hours 56 min ago
NEW YORK (Reuters) - Hewlett-Packard Co won the bidding war to buy data storage company 3PAR Inc for $2.4 billion, as rival Dell Inc bowed out on Thursday.

RELATED:

Sydney Morning Herald - Summary Box: What's Dell to do after 3Par? - 5 hours 26 min ago

Sydney Morning Herald - HP vs Dell: the showdown that ended in spectacle - 5 hours 41 min ago

AP - Dell's enterprise challenge remains after 3Par - 5 hours 47 min ago

Sydney Morning Herald - Dell cedes data-storage maker 3Par to HP - 7 hours 10 min ago

BusinessWeek - HP Boosts 3Par Offer to $33 a Share; Dell Walks Away - 11 hours 37 min ago

BusinessWeek - Dell Walks Away From 3Par Bidding After HP’s $33-a-Share Offer - 13 hours 8 min ago

Indiatimes - HP raises offer for 3PAR to $2.4 bn, beats Dell - 13 hours 20 min ago

Sydney Morning Herald - HP tops Dell with new bid for data storage co. 3PAR - 13 hours 26 min ago

Indiatimes - HP ups bid; 3PAR to end deal with Dell - 14 hours 13 min ago

BusinessWeek - HP Increases Offer for 3Par to $33, Trumping Dell’s New $32 Bid - 14 hours 16 min ago

AP - Bidding for 3Par heats up; HP tops latest Dell bid - 14 hours 18 min ago

Reuters - HP ups bid for 3PAR -- 3PAR to end deal with Dell - 14 hours 41 min ago

COMMENTARY:

Wall Street Pit - Dell Throws in the Towel After H-P Raises 3Par (PAR) Offer to $33 a Share - 10 hours 40 min ago

MarketWatch - MarketWatch First Take: H-P pays dearly to keep 3Par out of Dell's hands - 12 hours 1 min ago

Tech Trader Daily - Dell: Street Again Bids Up Alternative Storage Sector Targets - 13 hours 1 min ago

Seeking Alpha - HP Wins, Dell Withdraws From 3PAR Bidding War - 13 hours 16 min ago

Tech Trader Daily - 3Par: HP Wins; Dell Gives Up - 13 hours 30 min ago

Globe Investor - Dell pulls out of 3Par bidding - 13 hours 41 min ago

TechCrunch - Dell Withdraws From 3PAR Bidding War - 13 hours 44 min ago

WSJ MarketBeat - Three’s Company: H-P Shoves Dell In Bid To Win 3PAR - 14 hours 12 min ago

Tech Trader Daily - Update: 3Par Confirms HP Ups Bid To $33; Dell Went To $32 - 14 hours 52 min ago

TechCrunch - After Dell Matches $2B Offer For 3PAR, HP Ups Its Bid To $2.4B - 14 hours 54 min ago

Tech Trader Daily - HP Reportedly Boosts 3Par Bid To $33 A Share; Waiting For Dell - 15 hours 5 min ago

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Apple-Facebook Friction Erupts Over Ping
New York Times - 3 hours 10 min ago
Apple's entry into social media has created bumps in its relationship with Facebook.

RELATED:

Sydney Morning Herald - Facebook to roll out security feature - 6 hours 22 min ago

Sydney Morning Herald - Judge orders juror to right five-page essay after Facebook post - 6 hours 58 min ago

Sydney Morning Herald - Mother's worst nightmare: Facebook won't shut down stalker - 14 hours 13 min ago

Sydney Morning Herald - Judge punishes Michigan juror for Facebook post - 14 hours 56 min ago

France24 - TECHNOLOGY: Apple takes on Facebook with iTunes social network - 20 hours 8 min ago

Sydney Morning Herald - Singapore Airlines warns on Facebooking - 20 hours 57 min ago

France24 - Singapore Airlines curbs crew's Facebook musings - 21 hours 30 min ago

COMMENTARY:

TechCrunch - Facebook Wants To Be In A Relationship With The Big Boys — They Want To Be Just Friends - 3 hours 4 sec ago

TechCrunch - Facebook Testing “Subscribe”, Their Version Of Follow — Well Sort Of, Maybe - 6 hours 46 min ago

TechCrunch - iTunes Ping And Facebook Were Friends Yesterday. And I’m Still Connected. - 9 hours 36 min ago

Seeking Alpha - Retail: Facebook ‘Fan’ Winners and Losers – August 2010 - 16 hours 16 min ago

Seeking Alpha - Why Apple's Ping Could Surprise Twitter and Facebook - 20 hours 16 min ago

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A Push on Tax Cuts?
New York Times - 3 hours 50 min ago
It's probably good news. But why has it taken the White House so long?

RELATED:

Indiatimes - DTC cuts PSUs, tax dept war short - 6 hours 56 min ago

BusinessWeek - U.S. Retailers’ Sales Beat Estimates on Tax Holidays - 10 hours 12 min ago

BusinessWeek - Italy Goes After Tax Dodgers - 13 hours 16 min ago

BusinessWeek - U.S. Retailers’ Sales Beat Estimates on Tax Holidays, Discounts - 13 hours 48 min ago

Sydney Morning Herald - Forrest backs call for tax summit - 18 hours 52 min ago

Sydney Morning Herald - Oakeshott and Twiggy back tax summit - 20 hours 12 min ago

COMMENTARY:

Dealbreaker - Help Me To Understand: How Stalking Kenneth Starr’s Pole Dancing Wife Is Going To Clear Wesley Snipes’ Name On Tax Evasion - 9 hours 46 min ago

Kiplinger - This Kiplinger 25 Fund Manager Navigates New Turf for Tax-Free Bonds - 11 hours 46 min ago

Mike Shedlock - State Tax Revenues Slowly Rebound ... But - 11 hours 54 min ago

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Asian Stocks Advance on U.S. Home Sales, Falling Jobless Claims
BusinessWeek - 3 hours 52 min ago
Asian stocks rose for a third day after U.S. reports showed an unexpected increase in pending home sales, a decline in initial jobless claims and improved retail sales.

RELATED:

France24 - US jobless claims fall for second straight week - 14 hours 50 min ago

Wall Street Journal - Jobless Claims Edge Down - 15 hours 17 min ago

BusinessWeek - U.S. Stock Futures Advance on Jobless Claims, EU Loan Plan - 15 hours 23 min ago

Reuters - Jobless claims fell 6,000 last week - 15 hours 26 min ago

BusinessWeek - Jobless Claims in U.S. Decreased to 472,000 Last Week - 15 hours 36 min ago

COMMENTARY:

BloggingStocks - Dow Clue #2: Keep an Eye on Jobless Claims, Over Quarters - 4 hours 46 min ago

Seeking Alpha - Pending Home Sales Surprise, But Factory Orders and Jobless Claims Come In as Expected - 9 hours 16 min ago

Wall Street Pit - The Trendless Trend in Jobless Claims - 10 hours 21 min ago

Daily Markets - Initial And Total Jobless Claims Fall - 12 hours 11 min ago

Seeking Alpha - Initial and Total Jobless Claims Fall, Still Need More - 12 hours 15 min ago

Seeking Alpha - The New Normal for Jobless Claims? - 12 hours 15 min ago

Seeking Alpha - Jobless Claims Dip, But Real Progress Is Still MIA - 13 hours 16 min ago

DailyFinance - A Small Step Forward for Initial Jobless Claims - 14 hours 46 min ago

WSJ MarketBeat - Forget Jobless Claims. Keep Your Eyes On August’s Jobs Report - 15 hours 1 min ago

NY Post - Jobless claims fall by 6K to 472K - 15 hours 36 min ago

Globe Investor - U.S. jobless claims drop - 15 hours 37 min ago

Zero Hedge - Jobless Claims Come At 472K On Expectations Of 475K, Previous At 473K, Non Farm Productivity Misses Expectations - 15 hours 42 min ago

DailyFinance - Initial Jobless Claims Fall 6,000 to 472,000 - 15 hours 46 min ago

BusinessInsider - Initial Jobless Claims Of 472K Beat Expectations, But Still Way Too High - 15 hours 46 min ago

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Japanese, Australian Stock Futures Advance Following U.S. Data
BusinessWeek - 4 hours 18 min ago
Japanese and Australian stock futures rose after U.S. reports showed an unexpected increase in pending home sales and improved retail sales.

RELATED:

China Daily - China stock index futures close higher - Sept 2 - 7 hours 36 sec ago

Sydney Morning Herald - NZ to enter dairy futures trading - 8 hours 32 min ago

China Daily - China stock index futures open higher - Sept 2 - 13 hours 6 min ago

BusinessWeek - U.S. Futures Rise, Stocks Erase Drop on U.S. Jobs; Franc Gains - 15 hours 24 min ago

BusinessWeek - Stocks, U.S. Futures Fluctuate on ECB; Swiss Franc Strengthens - 16 hours 22 min ago

AP - Stock futures fluctuate ahead of jobs reports - 16 hours 24 min ago

BusinessWeek - Stocks, U.S. Futures Fluctuate as ECB Meets; Franc Strengthens - 17 hours 10 min ago

BusinessWeek - Stocks, U.S. Futures Fluctuate as ECB Meets; Nickel Advances - 17 hours 50 min ago

BusinessWeek - Euro Weakens Before ECB Meets; Stocks, U.S. Futures Fluctuate - 18 hours 36 min ago

COMMENTARY:

Seeking Alpha - Morning Report: Futures Slightly Higher - 14 hours 16 min ago

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HP Might Have Won 3Par at a Lower Price by Waiting
BusinessWeek - 6 hours 28 min ago
Hewlett-Packard Co. may have paid more than it needed for 3Par Inc. because it outbid a Dell Inc. offer that 3Par already rejected, said two people close to the situation.

RELATED:

BusinessWeek - HP May Have Won 3Par at Lower Price by Waiting for Deadline - 8 hours 30 min ago

BBC - HP ups the offer again for 3Par - 13 hours 10 min ago

COMMENTARY:

TechCrunch - Done Deal: HP Gets 3PAR For $2.35 Billion In Cash - 6 hours 16 min ago

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Burger King okays buyout as it struggles against rival
France24 - 6 hours 30 min ago
Burger King said Thursday it had accepted a four-billion-dollar takeover bid by a little known investment firm, as the fast food chain tries to close the gap with leader McDonald's and expand overseas.While the second largest US fast food chain moves into private hands following its acquisition by 3G Capital, Burger King fans can expect to find "The Whopper" in more countries outside the United States.The takeover by the private equity group, which is backed by Brazilian investors, comes at a key moment for the fast food chain.

RELATED:

Reuters - Burger King agrees to $3.3 billion sale to 3G Capital - 7 hours 1 min ago

Sydney Morning Herald - Burger King agrees to $3.6b by 3G Capital - 7 hours 9 min ago

BusinessWeek - Burger King Call Option Trading Surged Before Takeover Offer - 9 hours 55 min ago

BusinessWeek - Burger King Agrees to $3.3 Billion 3G Capital Offer - 11 hours 28 min ago

France24 - FOOD INDUSTRY: Burger King agrees to $3.26 billion takeover by private quity firm 3G Capital - 12 hours 52 min ago

New York Times - Burger King to Sell Itself to 3G - 13 hours 6 min ago

Indiatimes - 3G Capital to buy Burger King for $3.26 bn - 13 hours 31 min ago

BusinessWeek - Burger King Agrees to $4 Billion Bid From 3G Capital - 13 hours 32 min ago

BBC - Burger King is sold for $3.26bn - 13 hours 37 min ago

AP - Burger King agrees to $3.26B buyout by 3G Capital - 14 hours 18 min ago

Wall Street Journal - 3G Capital to Buy Burger King - 15 hours 18 min ago

COMMENTARY:

Seeking Alpha - Buyout Talk Sends Burger King Soaring - 8 hours 16 min ago

Wall Street Pit - Was Burger King’s Takeover Offer Leaked? - 9 hours 39 min ago

Wall Street Pit - Burger King Soars on Buyout Talk - 9 hours 43 min ago

WSJ MarketBeat - 3G Capital Buyout: “Good Thing” for Burger King - 12 hours 6 min ago

DailyFinance - Burger King Agrees to Be Bought by 3G Capital for $24 a Share - 13 hours 46 min ago

NY Post - Burger King to be acquired for $4B by 3G Capital - 13 hours 53 min ago

DealBook - Burger King to Sell Itself to 3G for $4 Billion - 14 hours 26 min ago

Globe Investor - Burger King sold for $3.3-billion - 14 hours 34 min ago

Globe Investor - 3G Capital buys Burger King for $3.3-billion - 14 hours 34 min ago

DailyFinance - Burger King Shares Spike on Buyout Rumors - 15 hours 9 min ago

Seeking Alpha - Burger King: Take the Profits - 19 hours 16 min ago

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Stocks rise on positive economic data
Sydney Morning Herald - 6 hours 42 min ago
Stocks rose and extended their gains, after reports on housing, manufacturing and jobs all indicated that the economy continues to grow.

COMMENTARY:

Curious Capitalist - Can World Economy Keep Growing If U.S. Doesn't? - 9 hours 18 min ago

BusinessInsider - Nouriel Roubini Teaches A Lesson In How To Write A SERIOUSLY Negative Paragraph About The Economy - 12 hours 47 min ago

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US pending home sales unexpectedly rise
Sydney Morning Herald - 7 hours 11 min ago
Pending sales of existing houses unexpectedly climbed in July from a record low, indicating the real-estate market is steadying following the end of a government tax credit.

RELATED:

France24 - US pending home sales bounce back - 10 hours 30 min ago

BusinessWeek - Stocks Gain, Treasuries Fall on Home Sales; Swiss Franc Rallies - 11 hours 24 min ago

BusinessWeek - U.S. Economy: Pending Home Sales Rise in Sign Market Steadying - 11 hours 38 min ago

BusinessWeek - Dollar Drops After Pending Home Resales Unexpectedly Increase - 12 hours 10 min ago

Indiatimes - Pending US home sales rise 5.2 pc in July - 13 hours 28 min ago

AP - Pending home sales rise 5.2 percent in July - 13 hours 57 min ago

BusinessWeek - London Luxury-Home Prices Gain Least Since January - 18 hours 13 min ago

COMMENTARY:

Seeking Alpha - July Pending Home Sales: It Could Take a Decade to Fully Recover - 11 hours 16 min ago

Wall Street Pit - Pending Sales of Existing U.S. Homes Rise 5.2% in July - 11 hours 21 min ago

DailyFinance - July Pending Home Sales Increased as Closing Deadline Extended - 12 hours 56 min ago

24/7 Wall St. - Pending Home Sales, Trying To Catch A Falling Knife - 13 hours 52 min ago

Globe Investor - U.S. pending home sales rise - 14 hours 39 sec ago

BusinessInsider - Pending Home Sales Beat Expectations - 14 hours 16 min ago

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ECB raises growth, inflation forecasts
Sydney Morning Herald - 7 hours 12 min ago
The European Central Bank raises its growth and inflation forecasts for the 16-nation eurozone, with the economy now expected to expand 1.6 pc in 2011.

RELATED:

BusinessWeek - Euro Near 2-Week High as ECB Sees Growth, U.S. Home Resales Up - 13 hours 36 min ago

Sydney Morning Herald - ECB hikes growth, inflation forecasts - 13 hours 52 min ago

BusinessWeek - Euro Near 2-Week High as ECB Sees Growth, U.S. Home Sales Rise - 14 hours 4 min ago

BusinessWeek - Trichet Says ECB to Extend Emergency Bank Lending - 14 hours 13 min ago

BusinessWeek - Trichet Says ECB to Extend Emergency Bank Lending Into 2011 - 14 hours 54 min ago

BusinessWeek - Euro Is Near Nine-Year Low Versus Yen Before ECB; Franc Jumps - 17 hours 49 min ago

BusinessWeek - Euro Drops Against Yen Before ECB; Franc Jumps on Swiss Growth - 18 hours 25 min ago

France24 - Help for banks key focus at ECB meeting: analysts - 20 hours 10 min ago

Reuters - ECB to extend liquidity lifeline amid uneven recovery - 20 hours 47 min ago

COMMENTARY:

Globe Investor - ECB raises growth forecast - 15 hours 29 min ago

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Hard Times for Wall Street's "Sell Night" Recruits
BusinessWeek - 7 hours 16 min ago
In the post-TARP era, "Sell Night," The Street's annual August ritual of hosting steak dinners and strip-club expeditions, is over

RELATED:

Sydney Morning Herald - Wall Street jumps on positive data - 7 hours 27 min ago

Reuters - Futures point to Wall Street edging lower - 19 hours 10 min ago

COMMENTARY:

Seeking Alpha - Wall Street Job Pays Off for Salary.com - 15 min 56 sec ago

DailyFinance - Wall Street to Obama: The Love Affair Is Over - 6 hours 46 min ago

BusinessInsider - Gossip Grind: Today's Wall Street Buzz in 60 Seconds (GS, C, RBS) - 10 hours 11 min ago

Dealbreaker - Veteran Wall Street Exec Recommends You Slap On Some Make-Up - 12 hours 46 min ago

Daily Markets - What Wall Street Secrets Will FCIC Reveal? - 14 hours 10 min ago

24/7 Wall St. - The Twitter-24/7 Wall St. Market Report (9/2/2010): Apple, Apple, Jobs–Report - 15 hours 20 min ago

Seeking Alpha - Wall Street Breakfast: Must-Know News - 16 hours 16 min ago

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Deutsche Bank Seeks to Foreclose on Moinian NYC Tower
BusinessWeek - 7 hours 24 min ago
A unit of Deutsche Bank AG sued to foreclose on the Manhattan office tower that formerly housed Newsweek magazine, claiming that developer Joseph Moinian failed to repay a $250 million mortgage.

COMMENTARY:

Wall Street Pit - Break Up the Big Banks - 8 hours 53 min ago

Globe Investor - Shut banks that pose risk: Bernanke - 15 hours 7 min ago

Globe Investor - Close banks that threaten system: Bernanke - 15 hours 7 min ago

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Oil rig explodes in Gulf of Mexico
Sydney Morning Herald - 7 hours 41 min ago
An offshore petroleum platform has exploded and is burning in the Gulf of Mexico about 160km off the Louisiana coast, west of the site where BP's under-sea well spilled after a rig explosion.

RELATED:

Wall Street Journal - Oil Rig Explodes in Gulf - 12 hours 21 min ago

AP - Gulf oil rig explodes off La. coast - 12 hours 22 min ago

COMMENTARY:

Globe Investor - All workers accounted for in Gulf oil platform blast - 12 hours 37 min ago

Globe Investor - Offshore oil rig in Gulf of Mexico explodes: Coast Guard - 12 hours 37 min ago

DailyFinance - BP Tripled Advertising Spending in Weeks Following Oil Spill - 16 hours 12 min ago

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Bernanke says close unstable banks
Sydney Morning Herald - 7 hours 47 min ago
Federal Reserve Chairman Ben Bernanke says regulators must be ready to shut the largest institutions if they threaten to bring down the financial system.

RELATED:

New York Times - Size of Banks Can Pose a Threat, Bernanke Says - 10 hours 49 min ago

BusinessWeek - Bernanke Says He Wasn’t ‘Straightforward’ on Lehman - 13 hours 54 min ago

Wall Street Journal - Bernanke, Bair Defend Markets Overhaul - 13 hours 55 min ago

BusinessWeek - Bernanke Says He Regrets Not Being ‘Straightforward’ on Lehman - 14 hours 9 min ago

Reuters - Bernanke says govt must follow through on new law - 15 hours 8 min ago

BusinessWeek - Bernanke Says Fed, Regulators Could Have Tackled Risks Better - 15 hours 15 min ago

COMMENTARY:

BusinessInsider - Ken Rogoff: It's Time For Bernanke To Manufacture A 2-3 Year Inflation Burst - 14 hours 3 min ago

Globe Investor - Bernanke says 'too-big-to-fail' must end - 15 hours 7 min ago

Globe Investor - 'Too-big-to-fail' must end: Bernanke - 15 hours 7 min ago

Zero Hedge - Watch Ben Bernanke Explain His Reasons For Letting Banks Live And Die Commercial Free - 15 hours 7 min ago

Seeking Alpha - Bernanke's Plan to Escape the 'Liquidity Trap' - 16 hours 16 min ago

Seeking Alpha - Bernanke Out of Bullets, But Not Bombs - 21 hours 16 min ago

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Pakistan to Get $450 Million Emergency Loan From IMF
BusinessWeek - 8 hours 9 min ago
Pakistan will receive $450 million in emergency financing from the International Monetary Fund to help the country rebuild an economy ravaged by record flooding, said Dominique Strauss-Kahn, the fund’s managing director.

RELATED:

BusinessWeek - IMF Agrees to $450 Million in Emergency Financing for Pakistan - 9 hours 44 min ago

Sydney Morning Herald - World Bank, IMF step up aid to Pakistan - 13 hours 7 min ago

Wall Street Journal - IMF Warns on Rising Debt - 18 hours 57 min ago

Sydney Morning Herald - Sovereign debt risk worries overblown: IMF - 21 hours 49 min ago

Indiatimes - Advanced economies need long-term efforts: IMF - 22 hours 1 min ago

COMMENTARY:

BusinessInsider - IMF To Britain: Your Debt Forecasts Are WAY Too Optimistic - 16 hours 36 min ago

Daily Markets - British Pound Under Pressure Amid IMF Debt Concerns, Weak Housing Data - 16 hours 46 min ago

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Haverty on Apple Retail Advantage
BusinessWeek - 8 hours 40 min ago
Lawrence Haverty, portfolio manager at Gamco Investors Inc., talks with Bloomberg's Betty Liu about Apple Inc.'s new television set-top box.

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China Daily - Apple reveals new iPod lineup prices for mainland - 9 hours 12 min ago

Indiatimes - Apple set to launch smaller, lighter iPod Nano - 16 hours 24 min ago

Indiatimes - Apple lovers get social network, new iPod and TV gadgets - 23 hours 2 min ago

COMMENTARY:

DailyFinance - Explaining the Cozy Relationship Between Apple and News Corp. - 5 hours 9 min ago

Seeking Alpha - Apple: New Pie, Old Recipe - 10 hours 15 min ago

Tech Trader Daily - Apple Aficionados? - 10 hours 32 min ago

Tech Trader Daily - Apple: The Street’s Take On iPod Refresh, New Apple TV, Ping - 11 hours 6 min ago

Tech Trader Daily - Cirrus Rallies Early On Rumors Apple Might Make Acquisition Bid - 15 hours 7 sec ago

Seeking Alpha - The Biggest News From Apple Is Not TV, But Ping - 20 hours 16 min ago

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Stocks Rise, Treasuries Fall on Home Sales, Jobs; Oil Advances
BusinessWeek - 9 hours 14 min ago
U.S. stocks rose, adding to the biggest rally in the Standard & Poor’s 500 Index since July, and Treasuries fell as an unexpected jump in home sales and a drop in jobless claims tempered concern the economic rebound is weakening. Oil advanced for a second day.

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Wall Street Journal - It's Not Just the Jobs. It's the Jobs Machine. - 10 hours 17 min ago

BusinessWeek - Record Correlation Raises S&P 500 Vulnerability to Jobs Report - 11 hours 40 min ago

Wall Street Journal - Futures Slip; Jobs Data in Focus - 16 hours 52 min ago

COMMENTARY:

Seeking Alpha - Retail and Jobs Crowd Thursday's Agenda - 21 hours 16 min ago

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Bair Says Dodd-Frank May Prevent Financial Crisis
BusinessWeek - 10 hours 47 min ago
U.S. regulators can prevent a repeat of the financial crisis that toppled Lehman Brothers Holdings Inc. if they fully apply new authority granted by lawmakers, Federal Deposit Insurance Corp. Chairman Sheila Bair said.

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New York Times - Financial Crisis Panel Lends Sympathetic Ear to Lehman’s Ex-Chief - 23 hours 25 min ago

COMMENTARY:

BusinessInsider - CHART OF THE DAY: Europe's Crisis Coming Back In 3... 2... 1... - 10 hours 50 min ago

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Manufacturing figures ease fears of slowdown
China Daily - 13 hours 49 min ago
Manufacturing in China rebounded in August, easing fears of a steep correction to the economy, analysts said. The Purchasing Managers' Index (PMI), a major indicator of economic activity, rose to 51.7 percent in August, up 0.5 percentage points from the July figure, and reversed a three-month fall in the growth rate.

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Reuters - Few Americans see manufacturing as a career: survey - 16 hours 14 min ago

BusinessWeek - Asian Stocks Rise to Two-Week High on U.S. Manufacturing Report - 17 hours 50 min ago

Indiatimes - World stocks hit 2-week high on manufacturing optimism - 18 hours 52 min ago

BusinessWeek - Asian Stocks Rise on U.S. Manufacturing Data; Ping An Climbs - 21 hours 51 min ago

New York Times - Manufacturing Index Rose in August - 22 hours 14 min ago

COMMENTARY:

Daily Reckoning - US Manufacturing is Stronger? - 12 hours 40 min ago

Daily Markets - China Manufacturing PMI: Small Uptick In August - 17 hours 45 min ago

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ECB ups eurozone growth forecasts
BBC - 15 hours 15 min ago
The European Central Bank raises its forecast for eurozone growth for this year and next year, and keeps interest rates on hold.

RELATED:

France24 - Euro rises amid strong eurozone growth data - 17 hours 30 min ago

Wall Street Journal - Euro-Zone Growth Jumps - 18 hours 56 min ago

BBC - Eurozone growth of 1% confirmed - 19 hours 3 min ago

COMMENTARY:

Seeking Alpha - Ireland: Great Example of Why the Eurozone Crisis Isn't Over - 15 min 56 sec ago

Wall Street Pit - EU, Euro Zone GDP Growth Fastest in Four Years - 11 hours 33 min ago

Daily Markets - Forex Trading: Eurozone Support For A Weaker Yen Not Discussed - 12 hours 33 min ago

BusinessInsider - Eurozone GDP Growth Accelerates - 18 hours 51 min ago

Daily Markets - Forex Trading: Eurozone PPI And Revised GDP - 18 hours 55 min ago

BusinessInsider - The European Central Bank Won't Be Hiking Rates For A Very, Very Long Time - 19 hours 57 min ago

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European stocks drop before ECB rate call
France24 - 17 hours 10 min ago
European stock markets slid on Thursday as investors took profits from recent gains amid caution before the latest interest rate decision from the European Central Bank.London's FTSE 100 index of top shares dipped 0.16 percent to 5,358.38 points in late morning trade.Frankfurt's DAX 30 dropped 0.24 percent to 6,069.75 points and in Paris the CAC 40 index shed 0.17 percent to 3,617.84 points.The Stoxx 50 index of leading eurozone companies declined 0.31 percent to 2,706.91 points.

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European Exports, Investments Spur Economy’s Recovery
BusinessWeek - 18 hours 46 min ago
European exports surged the most on record and corporate spending rebounded from a two-year slump in the second quarter, fueling the region’s fastest economic expansion in four years.

RELATED:

New York Times - Swedish Move Highlights Uneven Europe Recovery - 18 hours 58 min ago

COMMENTARY:

Daily Markets - Roubini: No Chance Of A V-shaped Recovery - 18 hours 11 min ago

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Pernod Ricard seeks to lift sales
BBC - 19 hours 18 min ago
Pernod Ricard says it will spend more on marketing to encourage consumption as the drinks market begins to recover.

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BusinessWeek - Pernod 2010 Profit Misses Estimates on Europe, U.S. - 19 hours 20 min ago

BusinessWeek - European Stocks Decline; Pernod Ricard, Yara International Fall - 20 hours 17 min ago

France24 - Pernod Ricard reports profit rise - 20 hours 30 min ago

AP - Chinese demand helps lift Pernod Ricard profits - 20 hours 44 min ago

BusinessWeek - Pernod Profit Misses Estimates on Western Europe - 21 hours 38 min ago

Wall Street Journal - Pernod Ekes Out a Profit - 21 hours 52 min ago

BusinessWeek - Pernod Ricard Full-Year Net Misses Estimates on Western Europe - 22 hours 22 min ago

BusinessWeek - Pernod Full-Year Net EU951 Million; Analyst Est. EU987 Million - 22 hours 29 min ago

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