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Financial News

Brazil’s Meirelles May Face High Court Probe Tax (Update1) Thursday, March 11, 2010 @ 8:04AMMarch 11 (Bloomberg) -- Brazil’s Prosecutor General asked the Supreme Court to pursue an investigation into alleged tax crimes by central bank President Henrique Meirelles , which analysts say may pose an obstacle to a possible run for elected office this year.
CU veterans' benefit money MIA Thursday, March 11, 2010 @ 8:04AMJonathan Swankie, a CU senior and Iraq war veteran, holds his letter from the Department of Veterans Affairs stating that he owes them $3,000. ( MARK LEFFINGWELL )
Feed Display Thursday, March 11, 2010 @ 8:04AMNo Feed URL specified. OTTAWA – With the Federation of Saskatchewan Indians' decision yesterday to turn financial control of First Nations University over to the University of Regina, federal New Democrats are today calling for Ottawa to reinstate its funding.
Call for inquiry voted down Thursday, March 11, 2010 @ 8:03AMNICK XENOPHON'S appeal for a parliamentary inquiry into Scientology collapsed into acrimony yesterday, amid claims it represented an attack on organised religion.
Twitter Becomes More Proactive About Phishing Thursday, March 11, 2010 @ 8:03AMTwitter is finally being proactive about the large number of phishing scams that have plagued the micro-blogging service in the past year. On Wednesday, Twitter introduced its own anti-phishing service designed to protect its users from these types of attacks.
Mental health base could close Thursday, March 11, 2010 @ 8:03AMThe base for community mental health services in Salford could close although bosses say there will be no reduction in service. Mental health bosses are proposing to close Cleveland House in Eccles Old Road as it is ‘no longer fit for purpose’.
Kumba in Talks on ArcelorMittal S.Africa Mine Rights (Update1) Thursday, March 11, 2010 @ 8:03AMMarch 11 (Bloomberg) -- Kumba Iron Ore Ltd. , a unit of Anglo American Plc , is in talks with South Africa’s government about the rights in the country’s Sishen mine that ArcelorMittal South Africa Ltd.
New Hope for Battling Brain Cancer (preview) Thursday, March 11, 2010 @ 8:03AMIn May 2006 Dwayne Berg woke up on a gurney in a Seattle emergency room, an IV in his arm and a team of doctors and nurses working him up. The last thing the 42-year-old financial executive could remember was running on a treadmill at his gym, part of his regular fitness regimen. He had suffered a seizure and tumbled off the machine, and although he had not hurt himself in the fall, doctors had ...
Ravitch proposes borrowing $6 billion to tackle deficit Thursday, March 11, 2010 @ 8:03AMALBANY -- Lt. Gov. Richard Ravitch proposed Wednesday a plan for getting New York out of its financial mess, including the borrowing of $6 billion over the next three years. If that happens, it would raise to $16 billion the amount the state borrows to cover deficits. The long-awaited road map by Ravitch, who warned of a fiscal "cataclysm" if steps are not taken now to drive down the state's ...
EMI’s New Chief Needs to Raise Money in ‘Make or Break’ Dash Thursday, March 11, 2010 @ 8:03AMMarch 11 (Bloomberg) -- Charles Allen , the new executive chairman of EMI Music, needs to raise money in a “make or break” dash, while stroking artists’ egos to prevent the loss- making music company from being taken over.
Customer Service Tuesday, March 9, 2010 @ 8:28PMPHILADELPHIA - An American woman "desperate to do something" to help suffering Muslims has been accused of using the Internet to recruit jihadist fighters and help terrorists overseas, even agreeing to move to Europe to try to kill a Swedish artist, prosecutors said Tuesday.
(AFX UK Focus) 2010-03-10 01:59 UPDATE 1-Japan finmin wary of policy accord with BOJ Tuesday, March 9, 2010 @ 8:28PMTOKYO, March 10 (Reuters) - Japanese Finance Minister Naoto Kan said he saw no immediate need to have a more formal policy pact with the Bank of Japan as the government and the central bank already share a common goal of beating deflation. Kan, who took over at the Finance Ministry in January, has been calling on the central bank to do more to end deflation, but has steered clear of saying ...
Kilpatrick Arraigned, Released on Bond Tuesday, March 9, 2010 @ 8:27PMKwame Kilpatrick avoided a return to jail Tuesday as court proceedings deciding how quickly the former Detroit mayor must pay $1 million in restitution to the city stretched into a sixth month.
Prosecutor: Kilpatrick Violated Orders Tuesday, March 9, 2010 @ 8:27PMKwame Kilpatrick has again violated court orders by not disclosing the source of more than $40,000 in checks and money orders dropped off at a Detroit court and intended to go toward the former mayor's tardy restitution payment to the city, prosecutors said Monday.
(AFX UK Focus) 2010-03-10 02:04 UPDATE 1-Indonesia Market factors to watch - March 10 Tuesday, March 9, 2010 @ 8:27PMJAKARTA, March 10 (Reuters) - Following is a list of events in Indonesia as well as news stories and press reports which may influence financial markets.
Gov. requests disaster declaration in advance of floods Tuesday, March 9, 2010 @ 8:27PMIn anticipation of forecasted floods, Governor Tim Pawlenty requested a federal disaster declaration. Tuesday he sent a letter to President...
Christina Wyman: A Sweeter Kind of Philanthropy: Cupcakes for a Cause Tuesday, March 9, 2010 @ 8:27PMIt is the special mix of hipness and surprising longevity that makes cupcakes really sweet. Cupcakes for a Causeâ¢ is an annual national fundraiser for CancerCare for KidsÂ® built precisely on that notion.
SEDCO extends Panda Energy's land option Tuesday, March 9, 2010 @ 8:26PMSherman Economic Development Corp. gave Sherman Panda Energy another year's option on 204 acres in Northpark III industrial park. SEDCO's Board also learned the city's and Grayson County's economic states are still sagging along with the rest of the country's.
Cuts Alone Not Enough: Need More Revenue Tuesday, March 9, 2010 @ 8:26PMBudget cuts alone will not solve the state’s financial problems. House Majority Leader Jerry Keen told GPB’s Lawmakers about several measures the legislature is considering to help shore up the state’s revenues. February revenue figures released yesterday show the state’s revenue collections continue on a downward spiral and it is now estimated that the state will have more than a $1.1 billion ...
Six City Employees Honored For Exemplary Public Service Tuesday, March 9, 2010 @ 8:26PMSix New York City employees were honored Tuesday night at the Annual Sloan Public Service Awards. The awards are given to city government workers who set the standard for exemplary public service.
SEC chief economist leaving post for private sector; move follows adoption of new curbs Tuesday, March 9, 2010 @ 3:58PMWASHINGTON - The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector.
Abbott Enhances Pharmaceutical Pipeline with Acquisition of Facet Biotech Tuesday, March 9, 2010 @ 3:57PMABBOTT PARK, Illinois and REDWOOD CITY, California, March 9, 2010 (ots/PRNewswire) -- Abbott and Facet Biotech Corporation announced today a definitive agreement for Abbott to acquire Facet, enhancing Abbott's early- and mid-stage ...
Minneapolis skyway can be yours for just $50,000 cash Tuesday, March 9, 2010 @ 3:57PMWell, you don't see this every day: a slice of Minneapolis skyway for sale on Craigslist. A cozy 1,380 square feet of glass, steel, and concrete, it's being offered for $49,500 as is, cash only. Oh, and the buyer is responsible for all moving logistics and costs. But then what? What would you do ...
How military families cope when parents come home injured Tuesday, March 9, 2010 @ 3:57PMA recent study shows the longer military parents are deployed, the more likely it is their children will have difficulties at school and at home. It's especially traumatic when children welcome home a parent with injuries.
Workers more loyal after financial crisis Tuesday, March 9, 2010 @ 3:57PMIt may have hammered many a company’s balance sheet, but the global financial crisis has made more than two out of five employees feel totally committed to their employer, a global survey showed.
Stocks rise after financial stocks jump on rumors Tuesday, March 9, 2010 @ 3:57PMNEW YORK (AP) -- A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing.
Oil Falls for the First Time in Three Days as Dollar Gains Tuesday, March 9, 2010 @ 3:56PMMarch 9 (Bloomberg) -- Crude oil declined for the first time in three days as the dollar gained against the euro, reducing the appeal of commodities as an alternative investment.
Primaris Retail REIT Announces Fourth Quarter and Annual Financial Results Tuesday, March 9, 2010 @ 3:56PMTORONTO, ONTARIO--(Marketwire - March 9, 2010) - Primaris Retail REIT (TSX:PMZ.UN) is pleased to report solid financial results. P
Lindsay Lohan sues E-Trade over ad baby (with video of commercial) Tuesday, March 9, 2010 @ 3:56PMWhile Lindsay Lohan is busy attending fashion shows in Paris today (here she is posing before the Chanel show), her lawyers have filed a lawsuit against financial company E-Trade, saying the "milkaholic" baby named Lindsay in its latest commercial was modeled after her, reports the New York Post.
(AFX UK Focus) 2010-03-09 21:50 CANADA STOCKS-TSX drops as economic worry hits resources Tuesday, March 9, 2010 @ 3:56PMBy Jennifer Kwan
Dairy Farm to Boost Spending on Hypermarkets, Beauty Chains Sunday, March 7, 2010 @ 8:20PMDairy Farm International Holdings Ltd., Hong Kong’s second-biggest retailer, will increase spending on hypermarkets in Southeast Asia and its health and beauty chain in China.
Aussie Losing to Loonie Shows Canada’s Banks Trumping China Sunday, March 7, 2010 @ 8:20PMMarch 8 (Bloomberg) -- The Australian dollar is being overtaken by the Canadian dollar among commodity currencies as the safety of Canada’s banking system and ties with the U.S. economy spur investors to buy the loonie.
Aussie Losing to Loonie Shows Canada’s Banks Trumping China Sunday, March 7, 2010 @ 8:20PMThe Australian dollar is being overtaken by the Canadian dollar among commodity currencies as the safety of Canada’s banking system and ties with the U.S. economy spurs investors to buy the loonie.
WMU seeks input from students, faculty on HLC reaccredation bid Sunday, March 7, 2010 @ 8:20PMBy Josh Holderbaum Western Herald Western Michigan University wants input from students and faculty to make sure it’s ready to be reaccredited later this year. A comment session for WMU’s Higher Learning Commission self-study report will be held from 11:30 a.m. to 1:30 p.m. Tuesday in the Bernhard Center’s Martin Luther King, Jr. room. The report offers examples about [...]
Maari production drives Cue Energy’s profit up Sunday, March 7, 2010 @ 8:19PMCue Energy has reported an AUD $8.4M profit (increase of 150%) and AUD $30.9M in revenue (increase of 72%) in its half-year financial report released to NZX and ASX.
Former Westcon exec heads up Ingram's Microsoft business Sunday, March 7, 2010 @ 8:18PMIngram Micro has recruited former Westcon Group IBM software manager, Lee Welch, to run its Microsoft business. Welch has spent 22 years in distribution, starting out on the warehouse floor packing boxes before moving into customer service, then sales team leadership and management.
Seized al-Qaeda member could be American Sunday, March 7, 2010 @ 8:16PMISLAMABAD, PAKISTAN -- A member of al-Qaeda who might be an American has been arrested by Pakistani authorities near the metropolis of Karachi, two Pakistani intelligence officers said Sunday.
Article Unavailable Sunday, March 7, 2010 @ 8:15PMThis article is unavailable. President Jacob Zuma has failed to declare any of his financial interests, assets and liabilities as required by the law.
McInnis stresses job-growth need during local stop Saturday, March 6, 2010 @ 1:09AMGubernatorial hopeful Scott McInnis delivered a message of fiscal discipline and promised to bring jobs to Colorado during a recent local visit.
Budget to underpin Hong Kong economy Saturday, March 6, 2010 @ 1:09AMThis year's Hong Kong Government Budget proposes a series of measures to consolidate its economic recovery from the global financial crisis, and develop its economy.
Oritani stock offer could raise more than $300 million Saturday, March 6, 2010 @ 1:09AMRapidly expanding Oritani Financial Corp., the holding company for Oritani Bank, plans to go fully public and raise hundreds of millions of dollars in a stock offering to bolster its loan growth.
Franklin County Property Deed Transfers Saturday, March 6, 2010 @ 1:09AMThe following deed transfers are public record in the Franklin County Register and Recorder's office. All deed transfers, except conveyances between family members, are published as a public service and as space is available.
Jenny announces beginning of budget strategy changes Saturday, March 6, 2010 @ 1:09AMFort Bend Independent School District Supt. Timothy Jenney announced in a recent e-mail to employees that the district is ”beginning now” to analyze cost-cutting measures needed to reduce the district’s projected $18 to $20 million budget deficit.
Water, sewer fees reduced in Salem Saturday, March 6, 2010 @ 1:09AMSALEM, Utah County — Builders were handed a break this week when the City Council reduced water and sewer impact fees. The fees are paid to cover the financial impact on the city when a builder pulls a building permit.
FBISD adds “Budget Challenges” link to district web site Saturday, March 6, 2010 @ 1:09AMFort Bend Independent School District officials are giving the public and its employees a new way to stay informed regarding the district’s plans to address current budget challenges.
A €25 million bond issue announced by IHI Saturday, March 6, 2010 @ 1:08AMInternational Hotel Investments p.l.c. announced the issue of a €25 million ten year Bond bearing an interest rate of 6.25% per annum. The Bonds are redeemable in 2020 but may be redeemed earlier, as from 2017 at the Issuer’s option. Mr Joseph Fenech, Managing Director of IHI, presented the details of this Bond Issue during a [...]
DPS announces indigency rule for Driver Responsibility Program Saturday, March 6, 2010 @ 1:08AMThe Texas Department of Public Safety recently published proposed new rules for the Driver Responsibility Program (DRP) to address the program’s financial impact on low-income individuals who are living at or below the poverty level.
The book on Burton: an unlikely master's quizzical career Friday, March 5, 2010 @ 8:46AMTim Burton may be the strangest director ever to weild a fortune in Hollywood.
Research and Markets: 2010 North American Mobile Field Asset Management (FAM) Market Friday, March 5, 2010 @ 8:45AMDUBLIN----Research and Markets has announced the addition of Frost & Sullivan's new report "2010 North American Mobile Field Asset Management Market" to their offering.
Conference Center comes under new management Friday, March 5, 2010 @ 8:44AMOver the years, it has played host to gala events and rowdy bluegrass concerts, to intellectual lectures and community meetings.