- Bonds ( 55 feeds / 2 sources )
- Connecticut AG sues Moody's, S&P over debt ratings (AP)
Connecticut's attorney general sued Moody's Investors Service and Standard & Poor's over ratings the pair issued on risky investments. - Curbing derivatives might hurt, not help, Greece (AP)
Derivatives have become a dirty word. The complex financial products helped blow up the U.S. housing market. They all but sank AIG. Now European officials want to crack down on a derivative called a credit default swap. - Treasurys dip ahead of auction (CNNMoney.com)
Treasurys traded lower Wednesday morning ahead of a government auction of $21 billion in 10-year notes. - Citigroup tests waters in preferred securities sale (Reuters)
Citigroup's launch of preferred securities on Wednesday is a potentially major test of market sentiment, one year after prices of bank bonds and stocks plunged to multi-year lows, analysts said. - Fitch lowers ratings for apartment owner (AP)
Fitch Ratings on Wednesday lowered ratings for apartment building owner BRE Properties Inc. to just above junk-bond territory on concerns that weak rental income will hurt the company's finances. - Britain confronts debt of Greek proportions (AP)
Government debt is growing, as is the deficit. The economy is struggling to get out of recession and there is talk of spending cuts or higher taxes. The unions are on edge. And the currency is plummeting. - Mass. Senate OKs city of Lawrence finance bill (AP)
The Massachusetts Senate approved a bill Tuesday allowing the city of Lawrence to float up to $35 million in municipal bonds to balance its budget after rejecting a GOP amendment to immediately place the city under a state-appointed finance control board. - Analysis: Greece's crisis could presage America's (AP)
Greece is a financial basket case, begging for international help. Is America heading down that same road? Many of the same risky financial practices that now imperil the Greeks were at the center of the all-too-recent U.S. meltdown. - Dubai creditors to get multiple options -sources (Reuters)
Lenders to Dubai World will get a range of options including full repayment once Abu Dhabi decides how much additional support it will provide its debt-strapped neighbor, sources close to the discussions said. - Bonanza Goldfields posts bond with BLM to begin property exploration (PR Newswire)
Bonanza Goldfields Corp announced today that it has paid the required bond with the U.S. Bureau of Land Management . This bond allows us to begin work on our BRB Claim which is currently comprised of two unpatented placer claims on BLM ground in the southern part of the Vulture Mining District, Maricopa County Arizona on the northeastern flank of the Belmont Mountains. - ... more feeds
- Business ( 135 feeds / 5 sources )
- Bank of America to stop debit card overdrafts - The Associated Press
- Toyota Prius acceleration incident reported in New York - Reuters
- Unemployment Decreased in Nine US States in January - BusinessWeek
- Unemployment insurance: A primer on the key issue facing Indiana lawmakers - Henderson Gleaner
- NC Jan. jobless rate hits record 11.1 percent - The Associated Press
- Google Apps Store Challenges Microsoft - TheStreet.com
- Google stands behind plan to stop China cencorship - Reuters
- NYMEX-Crude hits 8-wk high on big gasoline drawdown - Reuters
- Ex-New York Pension Fund Officer Pleads Guilty - BusinessWeek
- Regional Bank Shares Rise As Barclays Speculation Heats Up - Wall Street Journal
- ... more feeds
- Commodities ( 51 feeds / 2 sources )
- AP Interview: Brazil leader seeks peace in Mideast (AP)
Brazil's president plans an active role in world diplomacy during his final months in power, saying he will visit the Middle East to seek peace and prevent a possible conflict over Iran's nuclear program. - Klondex Reports Progress on Permitting for Its Underground Program (Business Wire)
VANCOUVER----Klondex Mines Ltd. announced today an update on permitting for its underground development program focused on bulk sampling and exploration drilling. - Royal Gold Announces Second Quarter Dividend (Business Wire)
DENVER----Royal Gold, Inc. today announced that its Board of Directors has declared its second quarter dividend of $0.09 per share of common stock. The dividend is payable on April 16, 2010 to shareholders of record at the close of business on April 1, 2010. - Oil futures rise after supply report (CNNMoney.com)
Oil prices jumped Wednesday, after a closely-watched report showed a smaller than expected increase in oil supplies and a dip in gasoline inventory. - Research and Markets: The US Primary Metals Industry Includes 5,000 Companies with Combined Annual Sales of About $140 Billion (Business Wire)
DUBLIN----Research and Markets has announced the addition of the "Primary Metals Manufacturing" report to their offering. - Natural Gas: An Economic and Environmental Solution to Meeting Growing Energy Demand (Business Wire)
HOUSTON----The development of natural gas resources from around the world will play an important role in the future global economy, Tom Walters, president of ExxonMobil Gas & Power Marketing Company, said today at a plenary session during the CERAWeek 2010 conference in Houston, Texas. - Denbury Resources completes Encore acquisition (AP)
Denbury Resources completed its buyout of Encore Acquisition, the oil and gas company said Wednesday, one day after receiving approval from shareholders. - Carrizo Oil narrows 4Q loss on higher revenue (AP)
Independent crude oil and natural gas producer Carrizo Oil & Gas Inc. said Wednesday its fourth-quarter loss narrowed as revenue rose 3.6 percent to partially offset hefty one-time charges. - Stocks rise after inventories fall but sales gain (AP)
Stocks are continuing their slow trek higher after the government's report of a drop in companies' inventories during January. - Oil climbs jumps past $83 on crude inventory data (AP)
Following a brief pullback on Tuesday, oil prices jumped Wednesday after a government report showed that crude stockpiles grew less than analysts had predicted, raising hopes that demand for oil and gas is picking up. - ... more feeds
- Economy ( 60 feeds / 2 sources )
- State unemployment picture brightens
A total of 30 states and Washington, D.C., reported rising unemployment rates in January, down from the number in the previous month, according to a government report released Wednesday.  - Natural gas crystals: Energy under the sea
It looks like ice -- but this ice could one day be used to heat your home.  - CEO departures highest since Sept. 2008
The number of chief executives who left their posts surged in February to the highest level since September 2008, when the economy was rocked by the financial crisis.  - Budget squeeze sours jobs picture
Another big employer is hanging out the "Not Hiring" sign.  - Census jackpot: $500 billion a year in U.S. aid
Federal programs will dole out more than $500 billion a year over the next decade based on data collected through the 2010 Census, according to a study released Tuesday.  - House eyes last-minute tax break for Chile donations
Taxpayers may still be able to deduct last-minute donations to Chile earthquake relief from their 2009 taxes, if a bipartisan bill introduced in the House on Tuesday is signed into law.  - U.S. minted more millionaires in 2009
America's millionaires are making a comeback, according to a report released Tuesday.  - Employers still skittish on hiring
Most employers are still cautious when it comes to hiring, planning neither to add nor cut jobs from their payrolls this spring, according to a staffing firm survey released Tuesday.  - Can't make your mortgage? Get an emergency loan
Erin and Robert Smith had no problem handling the $2,000 monthly payment on their home ... until they lost their jobs.  - Best Companies for job growth
Best Companies like the Scooter Store and DreamWorks notched some impressive job growth last year and are showing no signs of slowing down.  - ... more feeds
- Forex ( 181 feeds / 1 sources )
- Oil climbs jumps past $83 on crude inventory data (AP)
Following a brief pullback on Tuesday, oil prices jumped Wednesday after a government report showed that crude stockpiles grew less than analysts had predicted, raising hopes that demand for oil and gas is picking up. - Light Crude 03-10 (Daily FX)
- Gold 03-10 (Daily FX)
- US Dollar / Swiss Franc 03-10 (Daily FX)
- US Dollar / Canadian Dollar 03-10 (Daily FX)
- US Dollar / Japanese Yen 03-10 (Daily FX)
- Dollar gives ground as Chinese exports jump (AP)
The dollar gave back some gains Wednesday as a big jump in Chinese exports last month suggested global demand for goods is rising, while Portugal's successful bond sale helped calm some worries over budget problems facing several European countries. - New Zealand Dollar Outperforms Ahead of RBNZ Rate Decision, Japanese Yen Pares Two-Day Rally (Daily FX)
The New Zealand dollar extended the rally from earlier this week and is the best performing currency against the greenback on Wednesday, while the Japanese Yen weakened across the board and retraced the two-day rally against the U.S. dollar. - New Zealand Dollar / US Dollar 03-10 (Daily FX)
- British Pound / US Dollar 03-10 (Daily FX)
- ... more feeds
- Stocks ( 85 feeds / 2 sources )
- Dow turns lower; S&P, Nasdaq pare gains (Reuters)
The Dow slipped into negative territory at midday on Wednesday, while the Nasdaq and S&P 500 pared gains as a rise in financial shares was offset by declines in energy shares. - Navistar shares fall on 1Q results, weak forecast (AP)
Shares of Navistar International fell Wednesday morning, a day after the truck and engine maker reported a sharply lower fiscal first-quarter profit, missing Wall Street targets. - Harbin Electric shares jump after financial report (AP)
Harbin Electric said Wednesday its fourth-quarter profit and sales tripled with help from an acquisition of another Chinese electric-motor maker, and company shares rose 16 percent in midday trading. - A decade later, lessons in the Nasdaq collapse (Reuters)
Ten years ago today, before the dot-com bubble burst, the Nasdaq composite index hit a record 5,132.52 points -- a peak that the technology-heavy market shows no sign of scaling again any time soon. - InterMune shares rise after FDA panel drug votes (AP)
Shares of InterMune Inc. rose at a blistering pace Wednesday, a day after a federal advisory panel voted in favor of approval for its experimental lung disease treatment. - Lawsuits, poker and the death of a boutique bank (Reuters)
In September 2008, as Lehman Brothers was breaking into a million pieces, a young investment bank was pushing up through the rubble. - Ahead of the Bell: Alphatec shares upgraded (AP)
An RBC Capital Markets analyst raised his rating on shares of Alphatec Holdings Inc. Wednesday, saying the spinal device maker's sales will surge over the next few years due to upcoming products. - Premarket roundup: American Eagle, Sonic (AP)
Among the premarket stories for Wednesday, March 10, from AP Financial News: -- American Eagle Outfitters Inc.'s closing of its Martin+Osa stores is not a surprise and will help the clothing retailer focus more on its core namesake brand, analysts said. - Ahead of the Bell: Edison International upgraded (AP)
Shares of Edison International are undervalued, a Jeffries & Co. analyst said Wednesday as he raised his rating on the California utility's stock. - Ahead of the Bell: Sonic upgraded (AP)
New marketing and better weather should help drive-in restaurant operator Sonic Corp., an analyst said Wednesday as he upgraded his rating on the stock. - ... more feeds
- Top Stories ( 65 feeds / 3 sources )
- Pelosi faces biggest test on healthcare vote
WASHINGTON (Reuters) - The leader of the House of Representatives -- a persuasive arm twister and deal maker -- faces her toughest challenge yet: getting 216 votes to pass final legislation revamping the U.S. healthcare system.  - Brown says UK to maintain AAA credit rating
LONDON (Reuters) - Prime Minister Gordon Brown said on Wednesday he believed Britain would maintain its coveted top credit rating and announced a pay freeze for senior civil servants and military officers to help tame a record deficit.  - Biden scolds Israel over settlement plan
RAMALLAH, West Bank (Reuters) - Vice President Joe Biden publicly scolded Israel on Wednesday over a Jewish settlement plan, saying it was undermining peace efforts after Palestinians agreed to U.S.-mediated talks.  - Another runaway Toyota Prius reported
DETROIT (Reuters) - Federal regulators said they were looking into a report of another runaway Toyota Prius, this one in Westchester County, New York, where police said a woman pulling out of a driveway zoomed across a busy street and into a stone wall.  - Iraq PM said to be ahead on eve of vote results
BAGHDAD (Reuters) - Initial results from Iraq's national election are likely to be released by Thursday, Iraqi and U.N. officials said on Wednesday, as further signs emerged of a strong showing for Shi'ite Prime Minister Nuri al-Maliki.  - "JihadJane" accused of terror plot in Sweden
WASHINGTON (Reuters) - A Pennsylvania woman has been charged with plotting to kill a Swedish man and trying to recruit fighters via the Internet to commit violent attacks overseas, the U.S. Justice Department said on Tuesday.  - Retaliation fears stalk Nigeria city after clashes
JOS, Nigeria (Reuters) - Sporadic shooting rang out overnight in the central Nigerian city of Jos and witnesses said at least one person was killed by soldiers enforcing a curfew days after attacks on three nearby Christian villages.  - Ahmadinejad, Gates trade barbs in Afghanistan
KABUL (Reuters) - Iranian President Mahmoud Ahmadinejad and Defense Secretary Robert Gates traded barbs on Wednesday during briefly overlapping visits to Afghanistan, where Washington has troops at war but Tehran has growing clout.  - Iceland opposition toughens on new "Icesave" talks
REYKJAVIK (Reuters) - Iceland's opposition turned up the heat on the center-left government on Wednesday to hold out for a tough new "Icesave" debt accord with Britain and the Netherlands, after a referendum rejection of its previous deal.  - Obama effect boosts Nobel Peace Prize nominations
OSLO (Reuters) - A record 237 people and organizations have been nominated for the 2010 Nobel Peace Prize, with interest boosted by last year's award to President Barack Obama, organizers said on Wednesday.  - ... more feeds
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