|
Home buying up in week, but down 40 percent in year
reuters
Wed, 08 Sep 2010 07:18:02 -0400
NEW YORK (Reuters) - Americans applied to buy homes at the highest pace last week since May, but more than 8 of every 10 loan requests was for a refinancing, Mortgage Bankers Association data show on Wednesday.
|
|
|
|
Talbots profit tops estimates, but sales miss
reuters
Wed, 08 Sep 2010 07:58:18 -0400
NEW YORK (Reuters) - Women's clothing retailer Talbots Inc posted a higher-than-expected quarterly profit as tighter inventory management boosted its margins, but its shares fell as sales missed Wall Street forecasts.
|
|
|
|
Dollar to maintain its dominance: China minister
reuters
Wed, 08 Sep 2010 00:52:45 -0400
XIAMEN, China (Reuters) - The dollar will remain the world's dominant currency for a long time, and the yuan will only gradually emerge as an alternative, Chinese Commerce Minister Chen Deming said on Wednesday.
|
|
|
|
Stock futures track Europe stocks up
reuters
Wed, 08 Sep 2010 08:03:12 -0400
NEW YORK (Reuters) - Stock index futures rose on Wednesday tracking a turnaround in European stocks and ahead of comments from the Federal Reserve on the state of the economy.
|
|
|
|
BP says Transocean missed danger signs on rig
reuters
Wed, 08 Sep 2010 07:26:38 -0400
LONDON (Reuters) - BP deflected much of the blame for a rig blast that led to the United States' worst-ever oil spill, releasing an internal report on Wednesday which said that drilling contractor Transocean had missed danger signs.
|
|
|
|
Obama pitches road spending, tax incentives in Ohio
reuters
Wed, 08 Sep 2010 08:27:29 -0400
WASHINGTON (Reuters) - President Barack Obama will push billions of dollars in new business tax incentives and spending on big construction projects on Wednesday, as he tries to convince a balky Congress to pass measures intended to spur the economy and create jobs.
|
|
|
|
HSBC faces thorny issues in hunt for new chairman
reuters
Wed, 08 Sep 2010 07:41:13 -0400
LONDON (Reuters) - For a bank that prides itself on smooth successions, HSBC is suddenly scrambling to pick its next chairman.
|
|
|
|
Foster's knocks back $2.5 billion offer for wine
reuters
Wed, 08 Sep 2010 05:05:12 -0400
MELBOURNE (Reuters) - Foster's Group Ltd , Australia's largest brewer, rejected a private equity offer worth up to $2.5 billion for its wine business as too cheap, sending its shares up as much as 6 percent on hopes of higher bids.
|
|
|
|
Oracle says Hurd eligible for up to $10 million bonus
reuters
Wed, 08 Sep 2010 07:33:59 -0400
BANGALORE (Reuters) - Oracle Corp said its newly appointed president, Mark Hurd, will be paid an annual salary of $950,000 and the former Hewlett-Packard chief will be eligible for a target bonus of $5-$10 million under its executive bonus plan for fiscal 2011.
|
|
|
|
Japan's intervention hints fail to halt yen
reuters
Wed, 08 Sep 2010 06:21:28 -0400
TOKYO (Reuters) - Japan's finance minister acknowledged currency intervention is an option for the first time since the yen's 14 percent rise since May, and a candidate to become prime minister sanctioned solo intervention as the yen jumped to a 15-year high versus the dollar.
|
|
|
