Archive for the “Latest News” Category

India call money-(closing)-09.00-09.25 pct Aug 21 - Reuters India
PVS CLOSE : 09.40-09.60 The indicative call rates are contributions from ABN Amro, Andhra Bank, AXIS Bank, Bank of America, Bank of Baroda, Bank of India, Canara Bank, J P Morgan Chase, Citibank N.A., Corporation Bank, Calyon Bank, Indusind Bank

VC Investment in India Jumps 120% to $238 Million in 2Q08, Driven by - MSN MoneyCentral
Dow Jones VentureSource: Boosted by $70M Deal, Advertising/Marketing Accounts for 37% of Region’s Funding; Deal Flow Remains Steady While Second Rounds Increase BANGALORE , MUMBAI and NEW DELHI, India , Aug. 21 /PRNewswire/ — Venture capitalists

S.Lanka shares edge down to 3-wk low led by Dialog - Reuters India
COLOMBO, Aug 21 (Reuters) - Sri Lankan shares edged down in thin trade on Thursday to a new 3-week closing low, led by market heavyweight Dialog Telekom as investors sold shares anticipating a further fall after its thin profits in June quarter. The

HIV awareness drive kicks into high gear - Boston Globe
STOW - Ethan Zohn tried to putt the golf ball into the hole. “Can I kick it in?” said the Lexington native, who is better known for his soccer prowess. He played professional soccer on Cape Cod, in Hawaii, and in Zimbabwe before winning $1 million on

Fla. storm experts plead for more funding - Miami Herald
Sitting in the cross-hairs of hurricane alley — and fresh from experiencing Tropical Storm Fay — Florida stands to gain the most from a spike in money for research through the National Hurricane Research Initiative Act, otherwise known as House

Lone Star to buy Germany’s IKB - CNN Money
FRANKFURT, Germany (AP) — German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgage crisis, will be sold to U.S.-based private equity firm Lone Star Funds, the German company’s biggest shareholder said

Deals of the Day: Merrill Lynch’s Love Affair With Foreign Money - Wall Street Journal
Deals of the Day includes all the major news of the morning related to mergers and acquisitions and financing. For breaking deal news, turn to the WSJ’s Deals & Deal Makers page, or click here to automatically sign up for Deals Alert emails. Good

Obama outspends McCain in July by 5-3 ratio - Boston Globe
WASHINGTON— After tightening his expenditures in June, Barack Obama spent far more freely in July, cutting into his cash reserves while mounting an advertising campaign against Republican presidential rival John McCain. The Illinois Democrat raised

Ticket bureau probed after music fans let down - Reuters UK
LONDON (Reuters) - Authorities are investigating a booking agency after hundreds of music fans complained they were let down when their tickets failed to arrive for last weekend’s V Festival. SOS Master Tickets is believed to have sold up to 800

3 charged in Huntington Station prostitution case - Newsday
Two pimps and a prostitute were arrested at a Huntington Station home Wednesday night after an investigation and surveillance by Second Precinct officers, police said. Henry Monzanarez, 27, of 67 East 3rd St., Huntington Station, and Jaime Garcia

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Shanghai, Hong Kong Stocks Surge - Wall Street Journal
HONG KONG — Chinese stocks in Shanghai and Hong Kong soared Wednesday, shaking off weak sentiment that injured their performance over the last several days, on speculation the mainland government was considering a fiscal stimulus package. China’s

Japan stocks set to fall on economy fears, firm yen - Reuters
TOKYO, Aug 20 (Reuters) - Japan’s Nikkei share average is likely to fall again on Wednesday after posting a one-month closing the previous day, with bank shares such as Mizuho Financial Group (8411.T: Quote , Profile , Research , Stock Buzz ) sliding

Chinese stocks reverse earlier losses on hopes for stimulus measures - International Herald Tribune
Asian commodity stocks gained Wednesday on a rebound in oil and metals prices, countering declines by regional automakers and industrial manufacturers, while Chinese stocks rose on hopes for new stimulus measures from the government. BHP Billiton

Energy Stocks: Time for a Fresh Look - BusinessWeek
If someone told you that a particular sector in the S&P 500 beat the market seven out of the last eight years by an average 17.9 percentage points per year (143 percentage points cumulatively) and was still outperforming for the eighth time

Malaysian stocks seen lower in thin market - Reuters
KUALA LUMPUR, Aug 20 (Reuters) - Malaysian stocks are apt to slip in thin trade on Wednesday, adding to losses sustained in the previous session, with Telekom Malaysia in focus after the fixed line operator reported a sharp drop in profit. The

RPT-GLOBAL MARKETS-Asia stocks plumb 2-yr low on growth fears - Reuters India
HONG KONG, Aug 20 (Reuters) - Asian stocks fell to a two-year low on Wednesday, down 30 percent from a peak hit in November, as the past month’s $30 drop in the price of oil has not been enough to shake a sense of fear about sharply slowing global

Thai stocks seen lower, energy and banks might fall - Reuters UK
BANGKOK, Aug 20 (Reuters) - Thai stocks were expected to open lower on Wednesday as investors cashed in recent gains in energy shares amid falling crude prices, and more foreign selling was likely to push bank shares lower, dealers stated. “Oil prices

Data on wholesale prices, home starts send stocks tumbling; oil climbs - Los Angeles Times
Stocks fell sharply for a second straight session Tuesday after the government reported a higher-than-expected jump in wholesale prices and a drop in new-home construction. The Dow Jones industrial average dropped 130 points. The Labor Department

Karachi stocks reflect relief - Financial Times
Pakistan’s benchmark Karachi stock exchange index yesterday rose about 1.8 per cent and the rupee gained more than 2 per cent against the US dollar as investors welcomed the easing of political tension following Pervez Musharraf’s retirement on

Asia stocks plumb two-year low - Reuters UK
HONG KONG (Reuters) - Asian stocks fell to a two-year low on Wednesday, down 30 percent from a peak hit in November, as the past month’s $30 drop in the price of oil has not been enough to shake a sense of fear about sharply slowing global growth

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'Fast Money' Recap: Beware of Falling Banks - TheStreet.com


ABC News

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Arbovax, Inc. receives Small Business Research Loan from North … - Carolina Newswire (press release)

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Stephen L. Rosenstein | Tips for Entrepreneurs - Baltimore Sun

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What Small Business Owners Need to Know About 401(k)s - U.S. News & World Report

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Stocks Gain Slightly, Despite Stagflation Fears - Wall Street Journal

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U.K. Stocks Pare Gains; Energy, Mining Shares Rise, Banks Fall - Bloomberg
Aug. 14 (Bloomberg) — U.K. stocks pared gains as concern that banks may post further writedowns offset an advance in raw materials stocks on higher commodity prices. Barclays Plc led financial shares lower, while Rio Tinto Group rose. Investors said

Stocks fall on inflation - Chicago Tribune
Stocks extended their decline in early trading Thursday after the Labor Department reported another hefty jump in consumer prices. The 0.8 percent overall rise in July’s Consumer Price Index wasn’t as massive as June’s increase, but it was twice as

Toronto stocks slip 100 points on commodity stocks - Reuters Canada
TORONTO (Reuters) - Toronto Stock Exchange’s main index opened 100 points lower on Thursday, yanked down by the heavyweight energy and materials sectors. Shortly after the open, the S&P/TSX composite index .GSPTSE was down 100.58 points, or 0.75

Oil, Retail Sales Push Stocks Lower - MSNBC
Major U.S. stock indexes closed mostly lower Wednesday as a spike in oil prices, disappointing July retail sales data and some weaker-than-expected corporate earnings reports limited buying activity in the market. Some traders were unwinding their

Consumer woes hit stocks - CNN Money
NEW YORK (CNNMoney.com) — Stocks slipped Thursday morning on worries about the consumer spending outlook following a jump in a key inflation index and a mixed earnings forecast from Wal-Mart Stores. The Dow Jones industrial average ( INDU ) lost 0.6

Don’t Buy and Hold Blue-Chip Stocks? - MSN MoneyCentral
Coca-Cola Co ( KO ) Stock Quote , Chart , News , Add to Watchlist I ran across a provocative piece the other day at seekingalpha.com. Written by Moby Waller, the title asked: “Does Buy-and-Hold Work on Major Blue Chips?” I’ll concede that it’s a good

Stocks Rally As Tech, Financials Rebound - CNBC
Stocks rallied as investors shrugged off bad news on inflation and jobless claims and investors snapped up beaten-down shares of technology and financials. The  Nasdaq, S&P 500 and Dow Jones Industrials all reversed earlier losses and posted solid

Stocks fluctuate as investors return to financials - San Diego Union-Tribune
NEW YORK – Stocks fluctuated Thursday as some investors took advantage of bargains in the financial sector after two straight days of sharp declines. Stocks initially fell after the Labor Department reported another hefty jump in consumer prices

Oil and stocks both turn around and head higher - USA Today
Stocks turned up Thursday as some investors took advantage of bargains in the financial sector after two straight days of sharp declines. Stocks initially fell after the Labor Department reported another hefty jump in consumer prices. Wall Street has

Stocks fall after disappointing inflation data - Forbes
Stocks are down in early trading after the Labor Department reported another hefty jump in consumer prices. The 0.8 percent rise in July’s Consumer Price Index was not as big as June’s increase, but was higher than the 0.4 percent the market

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Do Most Companies Really Pay No Taxes? - U.S. News & World Report


ABC News

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European stocks dip in early trade; UBS rises - Reuters
PARIS, Aug 12 (Reuters) - European stocks dipped in early trade on Tuesday, snapping a two-session rally, with energy shares sliding as oil fell to below $114 a barrel. UBS (UBSN.VX: Quote , Profile , Research , Stock Buzz ) was up 2.4 percent

Aussie stocks rise 0.6 pct; BHP, Rio Tinto rally - CNBC
SYDNEY, Aug 12 (Reuters) - Australian shares firmed 0.6 percent on Tuesday, staging a late turnaround as investors returned to heavyweight mining stocks such as BHP Billiton Ltd , encouraged by positive economic news from China. Data showing

Bank stocks: Book value isn’t worth much right now - USA Today
Got a question about the stock market or a specific stock? Click here to ask Matt your question. USA TODAY financial markets reporter Matt Krantz answers a new question each weekday at money.usatoday.com. A: The credit crunch has called into

India Hot Stocks: Trent surges on Tesco deal - Reuters India
MUMBAI, Aug 12 (Reuters) - The following stocks were on the move at the BSE on Tuesday. At 11.51 a.m. the benchmark 30-share BSE index was down 1.4 percent at 15,286.12 points. The 50-share National Stock Exchange Index was down 1.2 percent at 4,564

Auto news in brief: GM, other stocks up - Detroit Free Press
General Motors Corp. shares climbed 73 cents, or 7.3%, to $10.76 for the biggest gain among the 30 components of the Dow Jones Industrial Average. Rick Wagoner, chief executive officer of the largest U.S. automaker, stated the worst of job cuts and

NORDIC STOCKS - Factors to watch on Aug 12 - Reuters
The Norwegian solar industry group reported a 9.5 percent rise in core earnings for the second quarter, against expectations for a slight drop, and stuck to its 2008 revenue growth target. For more on the company, double click on [REC.OL] SYDBANK

SNAPSHOT-Indian stocks, bonds after industrial output data - Reuters India
The 30-share BSE index down 1.06 percent at 15,340.35 points, and the 50-share NSE index down 0.59 percent at 4,592.95 points after the government’s industrial output data report. India’s industrial production in June rose to 5.4 percent higher than

Stocks close higher; rally deflates late in session - Baltimore Sun
NEW YORK - Stocks ended higher yesterday but well off their peak, after crude oil prices pulled off their lows and the Federal Reserve stated more banks are tightening lending standards. The decline in oil since last month has eased investors’ concerns

European Stocks Dip, UBS Rises - CNBC
European stocks dipped in early trade on Tuesday, snapping a two-session rally, with energy shares sliding as oil fell to below $114 a barrel. UBS was up 2.4 percent, reversing early losses, as the Swiss bank unveiled a plan to break up its business

Stocks up on oil, lending - Detroit News
NEW YORK — Stocks ended higher Monday but well off their peak after crude oil prices pulled off their lows and the Federal Reserve said more banks are tightening lending standards. The Dow Jones industrial average rose 48.03, or 0.41 percent, to 11

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