Saturday, February 28, 2009

Strawberry NEWS - Ford market-share streak likely over - TradingMarkets.com

From October through January, Ford's sales of new cars and trucks declined less than auto sales did in the overall market, helping the Dearborn automaker gain coveted market share. But in February, U.S. retail sales for the industry likely fell about Bayview NEWS

Some readers may remember an encounter I had with Jeremy Clarkson during an episode of Top Gear. He was in a lift with me at the BBC and was sitting in a very small car. Before we started filming, he said: “All you have to do is stand there and Bayview NEWS

Every year that a farmer plants his seeds, raises his crop and awaits the harvest is a year of risks. Will it be a good crop year? Will a drought strike? Will the market prices be high enough to pay off the money put into the crops? But there’s a Bayview NEWS

Jamie McMurray, driver of the No. 26 Irwin Ford Fusion, was the fastest Ford in Saturday's second practice session as he finished seventh on the speed chart. McMurray, who is battling a virus, spoke about the condition of his race car and his health Bayview NEWS

But it could employ even more as demand for Ford's new EcoBoost engine grows. Gary Johnson, Ford's director of manufacturing, said Ford picked the Cleveland plant to build the engine partly because of a $350-million investment in 2004 that improved Bayview NEWS

WASHINGTON (AP) - Ford executives met with the Obama administration's auto industry task force to discuss the challenges facing the domestic automakers. Ford spokesman Mike Moran says Ford is not seeking emergency financial aid from the government Bayview NEWS

Sebastian NEWS - Celtics beat Pacers 104-99 in Marbury debut - Yahoo News

AP – Newly -acquired Boston Celtics guard Stephon Marbury dribbles the ball against the Indiana Pacers in … BOSTON – Newly acquired backup Stephon Marbury scored six points during a 9-0 fourth-quarter run, Ray Allen added 30 points and Rajon Aurora NEWS

Ford Motor Co. is pushing ahead with bolstering its product despite the deep recession that has left sales at their lowest level in nearly three decades. The automaker said Friday it started production of new 3.5-liter EcoBoost engines, which are a Aurora NEWS

Message: Hello, Check out this listing I found at http://www.the-review.com/classifieds/classified/16872358 . 1994 F-250 Ford Econoline. Heavy duty, 6 cyl., C6 transmission. Some rust around bottom. Runs good. $1,200. (330) 866-4102 Aurora NEWS

Picture yourself at Yorktown Center in Lombard in December, the mall all gussied up for the 2009 holiday season. Just don't look too closely at the decorations. You might notice that only every other pole and tree is festooned with lights. It's a Aurora NEWS

BROOK PARK -- The first Ford Motor Co. plant to make a new line of fuel-efficient engines will help the company deliver the kind of fuel economy that customers demand, officials said Friday. The plant in suburban Cleveland, idled since 2007, was Aurora NEWS

BROOK PARK, Ohio (AP) -- The first Ford Motor Co. plant to make a new line of fuel-efficient engines will help the company deliver the kind of fuel economy that customers demand, officials said Friday. The plant in suburban Cleveland, idled since Aurora NEWS

Ford Motor Co.'s Cleveland Engine Plant, which has been idle for almost two years, will employ about 250 workers when it resumes full production this spring. But it could employ even more as demand for Ford's new EcoBoost engine grows. Gary Johnson Aurora NEWS

Daimler AG CEO Dieter Zetsche and his fellow managers' pay dropped by about half in 2008 from the previous year as bonuses fell along with earnings, the company said in its annual report Friday. Daimler said Zetsche will receive a total of 4.8 Aurora NEWS

Berryessa NEWS - Stanford Financial Accused of a Long-Running Scheme - Star News Online

Late last fall, one of Stanford Financial Group’s top salesmen in Miami sent a frantic e-mail message to Laura Pendergest-Holt, the chief investment officer for the brokerage firm. A client with $20 million in Stanford’s Antigua-based bank Trinity-Klamath NEWS

LONDON (Reuters) - Prime Minister Gordon Brown called for more rigorous supervision of the global banking system on Saturday, a day before EU leaders meet to thrash out ways to tackle the financial crisis. German Chancellor Angela Merkel urged Trinity-Klamath NEWS

PASADENA, Calif., Feb 28, 2009 (BUSINESS WIRE) -- WSC | Quote | Chart | News | PowerRating -- Consolidated net income of Wesco Financial Corporation and its subsidiaries for the fourth quarter of 2008 amounted to $23,662,000 compared with $34,420,000 Trinity-Klamath NEWS

HOUSTON—The chief investment officer of troubled Stanford Financial Group was forced to borrow money from her attorney Friday to cover her $300,000 bond and avoid spending the weekend in jail. "Embarrassingly, I posted the money out of my own Trinity-Klamath NEWS

Clovis NEWS - Money market funds: A cost for playing it safe - Globe and Mail


Money market funds: A cost for playing it safe
Globe and Mail, Canada
Where any old money market fund would do in the good old days before the financial world fractured, now you've got a dilemma on your hands. Use a conservative fund and make close to zero in returns, or reach for higher returns and take on extra risk. ...
Woodville NEWS

Porterville NEWS - Gaming stocks plunge to 2003 lows in February Only Ameristar sees rise - Las Vegas Review Journal

Gaming stocks sunk to levels during February that have not been visited since President Bush declared "mission accomplished" and Arnold Schwarzenegger was making movies rather than governing California. The average daily share prices of nine of the Cambridge NEWS

Between Feb. 9 and Feb. 23, the Dow Jones Industrial Average dropped more than 1,100 points. If it kept plunging at that rate, we'd hit zero before you knew it. Of course, that won't happen. No matter how ugly the markets get, the pain we saw over Cambridge NEWS

NEW YORK (AP) — Wall Street ended another unforgiving month with a steep loss — one that left the Dow Jones industrial average at less than half its record high. The day's news unsettled investors. Citigroup Inc. agreed to turn over a big piece Cambridge NEWS

NEW YORK — Wall Street ended another unforgiving month with a steep loss — one that left the Dow Jones industrial average at less than half its record high. The day’s news unsettled investors. Citigroup Inc. agreed to turn over a big piece of Cambridge NEWS

Friday, February 27, 2009

Lighthouse Point BROADBAND INTERNET - Boras requested two-year, $55 million deal - Rotoworld.com

Dockery, who was drafted by the Redskins in 2003, bounced back quickly after getting cut by the Bills Thursday. This is great money and a sensible fit for an old Redskins line, but we can't help but notice that the guard market was depressed Paramount NEWS

After Friday's action-packed session, stock investors should enjoy their weekend because the market revs right back up Monday. January data on personal consumption expenditures are due before the market opens. Although analysts expect a modest rise Paramount NEWS

NEW YORK/WASHINGTON (Reuters) - The U.S. government will boost its equity stake in Citigroup Inc to as much as 36 percent, bolstering the bank's capital base in the latest emergency effort to save the banking giant. In its third attempt to prop up Paramount NEWS

Fremont NEWS - PAETEC Announces Successful Interoperability Testing Between Dynamic - MSN MoneyCentral

PAETEC Holding Corp. PAET , which provides data, voice and Internet services to business-class customers nationwide today, announced that PAETEC’s Dynamic IP SIP Trunking services have successfully completed interoperability testing with the Cisco Cato NEWS

FAIRPORT, N.Y., Feb 27, 2009 (BUSINESS WIRE) -- PAET | Quote | Chart | News | PowerRating -- PAETEC Holding Corp. (NASDAQ GS: PAET), which provides data, voice and Internet services to business-class customers nationwide today, announced that PAETEC Cato NEWS

HERNDON, VA -- (Marketwire) -- 02/27/09 -- ePlus inc. (NASDAQ: PLUS) announced today that ePlus Technology inc., a wholly owned subsidiary, has achieved the renewal of its Advanced Routing and Switching Specialization from Cisco®. This Cato NEWS

Originally posted on VoIP & Gadgets Blog , here: http://blog.tmcnet.com/blog/tom-keating/cisco/shsu-switches-back-to-cisco-call-manager-from-asterisk.asp . In 2006, I came across a Network World ( News - Alert ) article , which espoused the fact that Cato NEWS

The Wall Street Journal reported on Thursday that Cisco has laid off about 250 employees at its headquarters in San Jose this week. Other jobs in offices in the US and around the world were also cut, the company said. Cisco's job cuts come as other Cato NEWS

HERNDON, VA – ePlus inc. (Nasdaq Global Market: PLUS) announced that ePlus Technology inc., a wholly owned subsidiary, has achieved the renewal of its Advanced Data Center Storage Networking Specialization from Cisco®. This specialization Cato NEWS

NEW YORK --(Business Wire)-- The Obama administration's economic recovery package includes commitments to work towards a sustainable, energy-efficient future. With the world's servers currently consuming some 408 MWh of electricity, the effort is Cato NEWS

(DMeurope Via Acquire Media NewsEdge) Sports and entertainment venues developer AEG will deploy Cisco Connected Sports services in three premier venues. AEG is deploying Cisco technologies in The Colosseum at Caesars Palace in Las Vegas, The 02 Cato NEWS

Oakhurst NEWS - Ford Motor officials meet with auto task force - Jackson Sun

WASHINGTON — Ford Motor Co. executives met Friday with the Obama administration’s auto industry task force to discuss the challenges facing the auto industry. Ford spokesman Mike Moran says the automaker is not seeking emergency financial aid Denmark NEWS

For the first time in five months, Ford Motor Co. did not gain market share, said George Pipas, Ford’s sales analyst. From October through January, Ford gained market share even while its total sales volume dropped. In February, U.S. retail sales Denmark NEWS

Dickinson NEWS - Eaton Cuts Forecasts As Markets Weaken - CNNMoney.com


Eaton Cuts Forecasts As Markets Weaken
CNNMoney.com
CHICAGO -(Dow Jones)- Diversified manufacturer Eaton Corp. (ETN) said Friday its markets have deteriorated more than anticipated a month ago, causing the company to slash its 2009 earnings outlook. The company sees 2009 operating earnings per share at ...
Eaton Corp. reduces 2009 earnings forecast Crain's Cleveland Business
all 9 news articles
Denning NEWS


Dell Shares Rise As Cost Reduction Plan Trumps Earnings Slump
CNNMoney.com
SAN FRANCISCO (Dow Jones) - Dell Inc. shares got a lift in early trading Friday as the company's belief that it can cut an additional $1 billion in annual costs outweighed a sharp 48% drop in its fourth-quarter earnings. Dell ( DELL ) shares rose as ...
Denning NEWS


Seattle Post Intelligencer

Dow and S&P sink to '97 levels
CNNMoney.com
The Dow Jones industrial average (INDU) lost 130 points, or 1.8%. The S&P 500 (SPX) index lost 16 points or 2%. Both the Dow and S&P 500 were at their worst intraday levels since 1997. Citigroup (C, Fortune 500) and the Treasury Department announced a ...
Video: Citigroup Reaches Aid Deal With Government AssociatedPress
US Stocks Broadly Lower In Volatile Trading MarketWatch
Citi Plan Leaves Bond Investors Uncertain CNNMoney.com
CNNMoney.com - CNNMoney.com
all 2,169 news articles
Denning NEWS


iShares Dow Jones US Healthcare Sector Index Fund (IYH) PriceWatch ...
Market Intelligence Center, VA
iShares Dow Jones US Healthcare Sector Index Fund (PCX: IYH) closed yesterday at $48.53. So far IYH has hit a 52-week low of $44.20 and 52-week high of $68.68. IYH has been showing support around 46.62 and resistance in the 52.34 range. ...
iShares Dow Jones US Healthcare Sector Index Fund (IYH) PriceWatch ... Market Intelligence Center
Genzyme (GENZ) PriceWatch Alert - Covered Call Risk Ranking ... Market Intelligence Center
Clorox (CLX) PriceWatch Alert - Covered Call Risk Ranking Improves ... Market Intelligence Center
all 46 news articles
Denning NEWS


McDonald's Has Stopped Tests Of PepsiCo Bottled Soft Drinks
CNNMoney.com
NEW YORK -(Dow Jones)- McDonald's Corp. (MCD) has stopped test sales of bottled PepsiCo Inc. (PEP) soft-drink products such as Mountain Dew, a spokeswoman for the fast-food company confirmed. McDonald's said the decision was made at the end of the ...
Denning NEWS


S&P: Will 'Have A Comment' After AIG 4Q Release Monday
CNNMoney.com
CHICAGO -(Dow Jones)- When American International Group Inc. (AIG) reports an expected fourth-quarter $60 billion loss Monday, ratings agency Standard and Poor's will weigh in, an S&P analyst said Friday. "We are gong to be analyzing further on the ...
Denning NEWS


China Daily

Midday Market Check - The Dow Jones Industrial Average Bends But ...
Schaeffers Research, OH
We head into the second half of the session with the Dow Jones Industrial Average (DJIA) powering back from a morning loss. Shortly after the open, the Dow sank 149 points as it hit another new annual low and neared the 7000 mark. ...
Video: Stocks Hit 12-Year Low CBS
S&P 500, Dow Fall to Multiyear Intraday Lows Briefing.com
Citigroup Stock Plunges, Market Down Mildly TheStreet.com
Reuters - The Associated Press
all 2,183 news articles
Denning NEWS

Genoa NEWS - Dell Shares Rise As Cost Reduction Plan Trumps Earnings Slump - CNNMoney.com


Dell Shares Rise As Cost Reduction Plan Trumps Earnings Slump
CNNMoney.com
SAN FRANCISCO (Dow Jones) - Dell Inc. shares got a lift in early trading Friday as the company's belief that it can cut an additional $1 billion in annual costs outweighed a sharp 48% drop in its fourth-quarter earnings. Dell ( DELL ) shares rose as ...
Pitcairn NEWS


NECN

Dow and S&P sink to '97 levels
CNNMoney.com
The Dow Jones industrial average (INDU) lost 130 points, or 1.8%. The S&P 500 (SPX) index lost 16 points or 2%. Both the Dow and S&P 500 were at their worst intraday levels since 1997. Citigroup (C, Fortune 500) and the Treasury Department announced a ...
US Stocks Broadly Lower In Volatile Trading MarketWatch
Stocks mostly fall as Citigroup drags banks lower The Associated Press
Citigroup Stock Plunges, Market Down Mildly TheStreet.com
Reuters - The Associated Press
all 697 news articles
Pitcairn NEWS

Northeast(8) NEWS - Index futures point to mixed Wall St open - Reuters

(Reuters) - Futures for the Dow Jones industrial average index fell 0.1 percent on Friday, gained 0.3 percent for the Nasdaq 100 and rose 0.1 percent for the S&P 500 share index, pointing to a mix open for Wall Street. * U.S. Commerce Dept. releases Ontario NEWS

U.S. index futures fell on Friday, hitting session lows following the news that the U.S. government was taking a large common equity stake in Citigroup ( C.N ). Also weighing on the market was the upcoming release of economic data, which could show Ontario NEWS

LONDON -(Dow Jones)- A Chevron Corp. (CVX) executive said its spending on community projects is to remain at $200 million a year in 2009 as its understanding of its social role matures, despite slowing profit growth. In an interview with Dow Jones Ontario NEWS

LONDON (Dow Jones)- Chevron Corp. (CVX) is in talks with the U.S. Agency for International Development, or USAID, and other organizations to liaise on programs fostering peace in the oil-rich Niger Delta, a company manager has told Dow Jones Ontario NEWS

DOW JONES (London)--European shares fell on the last trading day of February, giving back much of the previous session's advance, as selling returned to the banking sector and drug makers also traded notably lower. The pan-European Dow Jones Stoxx Ontario NEWS

LONDON (Dow Jones)--Chevron Corp.'s (CVX) spending on community projects is to remain at $200 million in 2009 as its understanding of its social role matures, despite slowing profit growth, a Chevron executive said. In an interview with Dow Jones Ontario NEWS

* Futures for the Dow Jones industrial average index fall 0.1 percent, for the Nasdaq 100 gain 0.3 percent and futures for the S&P 500 share index rise 0.1 percent, pointing to a mix open for Wall Street. * U.S. Commerce Dept. releases its Ontario NEWS

Forestport NEWS - Ford expected to reopen Cleveland engine plant - San Jose Mercury News

A Ford Motor Co. plant in suburban Cleveland which has been idle for nearly two years is about to begin making a new fuel-efficient engine for some of the company's 2010 model cars. Ford has called an 11 a.m. EST Friday news conference to announce Tierra Buena NEWS

BLOOMSBURG, Pa. -- Our local newspaper editor, as he does regularly, once again attacked unions as the problem in America. This is the same editor who once said "all the laziest goof-offs and goldbricks in the newsroom" where he began his career were Tierra Buena NEWS

Kingsland NEWS - Phila. officer shot; gunman killed - Philadelphia Inquirer


Phila. officer shot; gunman killed
Philadelphia Inquirer, PA
Major Crimes Detective Albert Ford, a 20-year veteran who is married and has four children, hobbled into Temple University Hospital with a wounded left thigh and called his family to say he was hurt. "All we really can say at this point in time, ...
Shoot-out leaves gunman dead, cop wounded Philadelphia Daily News
Cop OK after shooting Metro.us
Officer Pawlowski Suspect Leaves Hospital MSNBC
The News Journal - MyFox Philadelphia
all 35 news articles
Caneadea NEWS

Thursday, February 26, 2009

Maryland NEWS - Yushchenko: Ukraine plans to uphold gold and Forex reserves until end - KPNews.com

Ukraine intends to keep current gold and forex reserve levels until the end of 2009, said President Viktor Yushchenko said during a meeting with G-7 ambassadors, as well as representatives of the International Monetary Fund (IMF) and the World Bank Cocoa NEWS

Webb NEWS - Study: Respect outranks financial stability on the job - South Florida Business Journal

Aretha Franklin sang about it and Americans value it. Respect, that is. A new study by Tampa-based AchieveGlobal found that employees value respect as the most important job attribute, regardless of what generation they are from. The study aimed to Eastwood NEWS

SAN FRANCISCO (Reuters) - Yahoo Inc Chief Financial Officer Blake Jorgensen is leaving the Internet company, the latest in a series of executive departures since CEO Carol Bartz took the reins six weeks ago. Yahoo has initiated a search for a new CFO Eastwood NEWS

DETROIT -(Dow Jones)- A second-half recovery in U.S. automotive sales now appears doubtful amid a flurry of new market forecasts Thursday. Auto makers around the world, especially the Big Three U.S. companies, are banking on some type of bounce to Eastwood NEWS

Medallia Delivers Record Financial Performance Despite Souring Economy: Triples Revenues in the Hard-hit Retail and Financial Services Sectors -- 10% of Top 50 Global Brands Switch to Medallia to Improve the Customer Experience. Menlo Park, CA Eastwood NEWS

Waverly NEWS - Insurers, banks lead Europe shares higher - Forbes

FRANKFURT, Feb 26 (Reuters) - European shares closed higher on Thursday, snapping a four-day losing streak, as Royal Bank of Scotland (nyse: RBS - news - people ) boosted a resurging banking sector, while investors received U.S. housing data Stuyvesant NEWS

Esperance NEWS - CEO: Every hospital should be as equipped as new Henry Ford - Detroit Free Press


CEO: Every hospital should be as equipped as new Henry Ford
Detroit Free Press, United States
BY PATRICIA ANSTETT • FREE PRESS MEDICAL WRITER • February 26, 2009 Nancy Schlichting, president and CEO of the Henry Ford Health System, Detroit, takes issue with the comment, which she's heard a few times. "I don't think this is a luxury hospital. ...
Marion NEWS


Ford: 'No substantial doubt' over going-concern ability
MarketWatch
Ford said that if the liquidity situation worsens it "could take additional mitigating actions or require additional financing to improve our liquidity." The company said that while the economic environment worsens, it believes its continued focus on ...
Marion NEWS

Marlin NEWS - Cisco Announces Executive Transition for Worldwide Operations - CNNMoney.com


Earthtimes (press release)

Cisco Announces Executive Transition for Worldwide Operations
CNNMoney.com
Cisco (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, today announced that Robert Lloyd, 52, has been named Executive Vice President (EVP) of Worldwide Operations, effective April 26, ...
First Wave of Cisco Layoffs Begins Wall Street Journal
Cisco CEO says M&A deals to be small, none in devices Reuters
Cisco lays off 250, more to come FierceTelecom
All Things D Blogs - 24/7 Wall St.
all 20 news articles
Palo Alto NEWS


Comments for: "Cisco Confirms Global Job Cuts"
ChannelWeb, NY
I like what HP ProCurve is doing as part of the overall HP family...and Cisco and other competitiors can learn from the way companies reach to the down turn and economic issues. Regards, John Convery EVP of Vendor Relations Denali Advanced Integration ...
Palo Alto NEWS

Surprise Valley NEWS - DATA SNAP: US Jan Durable Goods Down More Than Expected - FXStreet.com

===== Jan Durable Goods Orders: Jan Dec ! Consensus: ! Total Orders: -5.2% -4.6%r ! -3.0% ! Ex-Transportation: -2.5% -5.5%r ! Actual: ! Ex-Defense: -2.3% -7.5%r ! -5.2 Harrington NEWS

DETROIT -(Dow Jones)- A senior executive at General Motors Corp. (GM) said Thursday that a new union contract required for its survival may look significantly different that the deal cut by workers' representatives this week with Ford Motor Co. (F Harrington NEWS

NEW YORK -- Wall Street showed a little resilience yesterday as investors got answers to some of their questions about banks. The Dow Jones industrial average closed down 80.05 at 7,270.89 after rising 236 points on Tuesday and falling 251 on Monday Harrington NEWS

Waldon NEWS - Cisco Announces Executive Transition for Worldwide Operations - Consumer Electronics Net

SAN JOSE, CA -- (Marketwire) -- 02/26/09 -- Cisco (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, today announced that Robert Lloyd, 52, has been named Executive Vice President (EVP Brasher NEWS

Bangalore, Feb 26 (IANS) IT infrastructure solutions and services firm Frontier Business Systems has set up a $4-million (Rs.200 million/Rs.20 crore) green data centre here to expand its operations across the country, the company said Thursday Brasher NEWS

LARCHMONT, N.Y., Feb. 26 /PRNewswire/ -- Bessemer Venture Partners (BVP), the oldest venture capital practice in the United States, today announced the closing of a $350 million supplement to its current fund family, BVP VII, which closed in June Brasher NEWS

Middlesex NEWS - Money for Mayview patients? - Pittsburgh Post-Gazette

Kathy Richmond, of Bellevue, and Charlotte Frederick, of Gibsonia, take notes during a meeting of the Mayview Land Reuse Task Force last week. They are members of a coalition that wants land sale proceeds to help the mentally ill. Sally Jo Snyder is Montgomery NEWS

Smithville NEWS - Top 5 Mid-Cap Stocks for Feb. 26 - Street.Com

Each business day, TheStreet.com Ratings TheStreet.com Ratings compiles a list of the top five stocks in one of five categories -- fast-growth, all-around value, large-cap, mid-cap and small-cap -- based on data from the close of the previous trading Rancho Cucamonga NEWS

What costs more - a spark plug or a share of General Motors Corp.? A Sunday New York Times or a share of the newspaper company? A General Electric Co. toaster or a share of GE? In the surest sign of the depth of the recession, the products associated Rancho Cucamonga NEWS

LONDON (Reuters) - The dollar slipped against a basket of currencies on Thursday as European stock markets extended gains and the British pound got a boost from the launch of a bank insurance scheme. However, the yen tumbled to a three-month low Rancho Cucamonga NEWS

LONDON, Feb 26 (Reuters) - Fresh steps by the British government to shore up the ailing banking sector helped European stocks shrug off a negative lead from Asia on Thursday and took the shine off dollar gains versus major currencies. But worries Rancho Cucamonga NEWS

Feb. 26 (Bloomberg) -- Italy’s benchmark S&P/MIB Index rose 359, or 2.4 percent, to 15,577. The following stocks were among the most active on the Italian market today. Share symbols are in parentheses. A2A SpA (A2A IM) declined to the lowest in Rancho Cucamonga NEWS

NEW YORK (AP) - Wall Street has ended an erratic session with a loss, but still showed its resilience as some of investors' big questions are slowly answered. Major indexes ended down about one percent after recovering from even steeper losses. The Rancho Cucamonga NEWS

HONG KONG (AP) — Asian markets retreated Thursday, with benchmarks Hong Kong and South Korea sinking about 1 percent, after an early rally faded amid doubts about a U.S. plan to stabilize banks and worsening prospects for global companies. European Rancho Cucamonga NEWS

Feb. 26 (Bloomberg) -- European stocks rose for the first time in five days and U.S. futures gained after UBS AG replaced its chief executive officer and the U.K. government extended guarantees on bank assets. UBS added 10 percent as Switzerland’s Rancho Cucamonga NEWS

LONDON (Dow Jones)--U.S. stocks are expected to open higher Thursday, tracking gains in Europe, as investors find relief in government-led plans to shore up the financial system while avoiding nationalization. "Banks and insurers are leading European Rancho Cucamonga NEWS

Wednesday, February 25, 2009

Berkeley NEWS - You’ve Sold Your Stocks. Now What? - New York Times


New York Times

You’ve Sold Your Stocks. Now What?
New York Times, United States
According to Fidelity Investments, in September 2007 money market accounts made up 15 percent of stock market capitalization in the United States. By December 2008, it was 40 percent. “In 2008 people took money out of equities and took money out of ...
Kingsland NEWS


Webware Radar: Virgin looks to 'uncrunch' frozen credit markets
CNET News, CA
"With Uncrunch America, we hope to encourage Americans that have sidelined their cash to invest in a friend or family member," Asheesh Advani CEO of Virgin Money, said in a statement. "Maybe they don't feel comfortable in the market, ...
Lending Club and Virgin Money Team Up to Salve the Recession With ... Fast Company
all 7 news articles
Kingsland NEWS


CNBC

Treasurys ease amid supply influx
CNNMoney.com
While Wednesday's auction of 5-year notes received healthy interest from the market, most investors are interested in shorter term Treasurys, according to Bill Larkin, a fixed-income analyst at Cabot Money Management. "The market is concerned about ...
Treasuries Rise as Tumbling Stocks Increase Debt’s Haven Appeal Bloomberg
Bonds steady ahead of $40B auction CNNMoney.com
all 138 news articles
Kingsland NEWS

Copake NEWS - Bernanke Again Spurns Nationalization Talk - Street.Com

By Jeannine Aversa WASHINGTON -- Federal Reserve Chairman Ben Bernanke on Wednesday again spurned speculation that the government may nationalize Citigroup or other big banks. When asked about Citigroup during a House Financial Services Committee Hopewell NEWS

Put out the bunting; Northern Rock has £14 billion in its piggy bank, and is ready to lend, lend, lend. If you have the deposit necessary to secure a mortgage, this is good news. It's an excellent time to buy. What? With all the doom caused by Hopewell NEWS

A trade group's report of another monthly decline in existing-home sales on Wednesday helped propel Wall Street lower, but the data also offer evidence of market forces in play that could speed up the nation's eventual economic recovery. The Dow Hopewell NEWS

Markets were only modestly lower Wednesday afternoon as energy stocks rallied on a surge in oil prices, offsetting a dip in industrial stocks. The Dow Jones Industrial Average was recently down by about 41 points, held back by losses for Caterpillar Hopewell NEWS

Housing is in freefall -- look at yesterday's Case-Shiller Index and today's existing home sales numbers. But in these figures, I see our ultimate shot at ending this nightmare and that gives me hope, especially right now when there isn't much to be Hopewell NEWS

Pixley NEWS - iShares Dow Jones Select Dividend Index Fund (DVY) PriceWatch ... - Market Intelligence Center


iShares Dow Jones Select Dividend Index Fund (DVY) PriceWatch ...
Market Intelligence Center, VA
iShares Dow Jones Select Dividend Index Fund (PCX: DVY) closed yesterday at $30.68. So far DVY has hit a 52-week low of $29.35 and 52-week high of $64.64. DVY has been showing support around 28.83 and resistance in the 31.73 range. ...
Component Changes Made to Dow Jones Select Dividend Indexes MarketWatch (press release)
Component Changes Made to Dow Jones US Select Dividend Index TMCnet
iShares Dow Jones Select Dividend Index Fund (DVY) PriceWatch ... Market Intelligence Center
all 11 news articles
Edinburg NEWS


EARNINGS OUTLOOK: GM's Fourth Quarter Looks Bad, Irrelevant
CNNMoney.com
SAN FRANCISCO (Dow Jones) -- General Motors Corp. no longer needs to convince Wall Street or Washington that it's running on fumes. With its stock price bouncing off Great Depression lows, losses mounting and sales drying up at an historic rate, ...
Edinburg NEWS

Redwood City NEWS - FOREX-Dollar higher as risk aversion remains theme - Reuters


CNBC

FOREX-Dollar higher as risk aversion remains theme
Reuters
By Nick Olivari NEW YORK, Feb 25 (Reuters) - The dollar rose on Wednesday as investors remained averse to risk even as key US officials, including President Barack Obama, sounded a more optimistic tone. Late on Tuesday, in his first speech to Congress, ...
FOREX-Dollar gains broadly as safe-haven demand rises Forex Pros
FOREX-Dollar higher against most majors other than yen Reuters
all 24 news articles
Easton NEWS


Maktoob Business (press release)

FOREX-Yen losses mount, hits fresh 3-mth low vs dollar
Reuters
By Shinichi Saoshiro TOKYO, Feb 25 (Reuters) - The yen fell across the board on Wednesday, hitting a fresh three-month low against the dollar as its perceived safe-haven status continued to crumble on a rapidly weakening Japanese economy and domestic ...
FOREX-Dollar rallies to 3-month high vs weaker yen Alibaba News Channel
Yen Falls to 12-Week Low Against Dollar on Loss of Haven Allure Bloomberg
BERNANKE COMMENTS RESTORE INVESTOR CONFIDENCE IN HIGHER RISK ASSETS ForexTV.com
Reuters India - SmartBrief
all 256 news articles
Easton NEWS


Washington Post

Forex News and Rumors
OANDA Forex Blog, Canada
Japan’s exports for January fell 45.7% from the same time last year - the reduction is mostly due to weaker demand for electronics and other consumer goods. More The pound’s dramatic fall against major currencies including the euro could destabilize ...
Video: MoneyWatch CBS
FOREX-US dollar jumps versus yen as risk aversion mounts Reuters India
FOREX-Dollar jumps to 3-month high vs yen on risk aversion Reuters
FXstreet.com The Foreign Exchange Market - OANDA Forex Blog
all 2,194 news articles
Easton NEWS


FOREX-Yen pares losses on profit-taking; dlr supported
Reuters
By Tamawa Desai LONDON, Feb 25 (Reuters) - The yen trimmed losses against other major currencies on Wednesday as traders took profits from a recent bout of yen-selling, while lacklustre economic data supported the dollar. The market has been focusing ...
Easton NEWS


Global Forex Trading

Market Overview by Forex Yard
Forex Hound, NY
With a bearish cross beginning to form on the daily chart's Slow Stochastic, forex traders may be confident with the idea that a downward correction is imminent and capture profits by entering short positions now and riding out the impending movement. ...
Forex Market Update: Japanese Yen Weakens Further with USD/JPY ... Daily FX
Forex: Decoding the Rally and 3 Reasons Why it is Suspicious Global Forex Trading
Forex – JPY loses its “safe haven” condition as Japanese economic ... FXstreet.com The Foreign Exchange Market
Forex Hound - Daily FX
all 148 news articles
Easton NEWS

Harpersfield NEWS - Nortel to Slash 3,200 More Jobs - Street.Com

Failed networking gearmaker Nortel ( NT Quote - Cramer on NT - Stock Picks ) is pulling out the ax again with plans to cut another 3,200 employees, or about 11% of the total workforce. The Toronto telecom equipment supplier, which is in Chapter 11 Palo Cedro NEWS

Networking giant Cisco (NASDAQ:CSCO) is spending a quarter of a billion dollars on a new routing platform that could change the entire networking landscape. Cisco's new Aggregation Services Router (ASR) 1000 platform is a WAN ( define )aggregation Palo Cedro NEWS

The EX2500 will go up against Cisco’s Nexus 5000 , Woven Systems’ TRX 200 , Arista’s 7124S, HP ProCurve’s 6600 24-VG, BLADE Network Technologies’ G8100, Force10’s S2410, and Extreme’s Summit X650. The EX2500 supports both back-to-front Palo Cedro NEWS

AEG is deploying innovative Cisco technologies in The Colosseum at Caesars Palace in Las Vegas , The O2 London, of which NEC is the Technology Solutions Partner, and its corporate offices at L.A. LIVE to enhance the way fans enjoy sports and Palo Cedro NEWS

•3Com •Absolute Software •Atari •Avanquest •BitDefender •Broderbund •Check Point •Cisco •Computer Associates •CSDC •Diskeeper •Encore •Global Marketing Partners •Grisoft •GuardID Systems •HotBrick •HP (Hewlett Palo Cedro NEWS

MILPITAS, Calif.--( BUSINESS WIRE )-- UMA Today , an international consortium of companies leading the adoption of 3GPP UMA technology today announced the winners of the Second Annual UMA Innovation Awards 2009 . Presented at the Mobile World Palo Cedro NEWS

Sutter NEWS - Obama's Auto Task Force Meets with Chrysler - FOX News

Top executives of Chrysler LLC were meeting Wednesday with members of the Obama administration's auto task force, discussing requests for billions in new loans to keep the troubled automaker afloat. Chrysler Chairman and CEO Bob Nardelli, Vice Berkeley NEWS

President Barack Obama is calling for strong financial sector regulation and oversight to restore accountability and trust in financial markets. In remarks prepared for delivery Wednesday this afternoon, the president urges Congress to adopt "rules Berkeley NEWS

WASHINGTON, Feb 25 (Reuters) - President Barack Obama and Treasury Secretary Timothy Geithner plan to lay out broad principles on Wednesday for Wall Street regulatory reform aimed at preventing a repeat of the current financial crisis, an Berkeley NEWS

LANSING (AP) — Gov. Jennifer Granholm has declared that a financial emergency exists in the city of Pontiac. Granholm wrote in a letter to Mayor Clarence Phillips dated Feb. 20 that the city has been unable to resolve financial and budget issues on Berkeley NEWS

Refer to a friend Arawak Energy Corporation (Arawak Energy) is an independent energy company. The company is engaged in the acquisition, exploration, development and production of oil and natural gas. At present, the company carries out its Berkeley NEWS

Targa Resources Partners LP - Financial and Strategic Analysis Review - companiesandmarkets.com adds new report Targa Resources Partners LP (Targa Resources) is independent midstream energy company. It is engaged in the business of gathering Berkeley NEWS

A key report commissioned by the European Union wants more powerful financial supervisors - both within Europe and globally - to monitor the banking industry and avoid a repeat of the crisis that has derailed the global economy. The report, published Berkeley NEWS

NewLisbon NEWS - THE FED: Bernanke Will Try To Repeat His Mojo - FXStreet.com

WASHINGTON (Dow Jones) - Whatever he did yesterday, Federal Reserve Board Chairman Ben Bernanke is likely to try to repeat it on Wednesday. Bernanke's assurance Tuesday to the Senate Banking Committee that the federal government doesn't want to Apopka NEWS

NEW YORK (Dow Jones)--DineEquity Inc. (DIN) shares rose nearly 33% Wednesday after the operator of Applebee's and IHOP reported fourth-quarter earnings ahead of expectations and eased concerns over its debt load with better free cash flow and cost Apopka NEWS

NEW YORK — Federal Reserve Chairman Ben Bernanke has given Wall Street a double dose of reassurance. Bernanke told Congress on Tuesday the recession might end this year, and that regulators aren't planning to nationalize banks. The news alleviated Apopka NEWS

Pavillion NEWS - UAW boss backs Ford contract concessions - Houston Chronicle

DETROIT — United Auto Workers President Ron Gettelfinger urged union members to vote for contract concessions to Ford Motor Co., saying the automaker can't survive in the long term without major restructuring. Gettelfinger said in a letter to 42 Niagara NEWS

DETROIT (AP) — United Auto Workers President Ron Gettelfinger urged union members to vote for contract concessions to Ford Motor Co. , saying the automaker can't survive in the long term without major restructuring. Gettelfinger said in a letter to Niagara NEWS

Middlefield NEWS - Juniper joins top-of-rack switch fray - Network World Fusion

The EX2500 will go up against Cisco’s Nexus 5000 , Woven Systems’ TRX 200 , Arista’s 7124S, HP ProCurve’s 6600 24-VG, BLADE Network Technologies’ G8100, Force10’s S2410, and Extreme’s Summit X650. The EX2500 supports both back-to-front Pitcairn NEWS

Companies sometimes change CEOs to fix a problem. In the case of networking vendor Juniper Networks, the new incoming chief executive will take the helm of a company that is financially healthy and looking to grow even more. That's the message from Pitcairn NEWS

Networking giant Cisco (NASDAQ:CSCO) is spending a quarter of a billion dollars on a new routing platform that could change the entire networking landscape. Cisco's new Aggregation Services Router (ASR) 1000 platform is a WAN ( define )aggregation Pitcairn NEWS

Buttonwillow NEWS - IDC: Server Sales Fell 14 Percent in Q4 - InternetNews.com

Unix servers show more staying power than low-end x86 servers as the global economic crisis hits the once-thriving server business. The worldwide server market contracted 14 percent in the final quarter of 2008, according to figures just released by South Pasadena BROADBAND INTERNET

There's a reason that English is the most widely spoken language on the planet: It's the most highly adaptable, capable of evolving to meet new needs in the blink of an eye. For example: Just last year, offering mortgages at a cheaper-than-market South Pasadena BROADBAND INTERNET

Catlin NEWS - EU executive to propose more financial reform soon - Reuters


AFP

EU executive to propose more financial reform soon
Reuters
BRUSSELS, Feb 25 (Reuters) - A European Union system of financial supervision is needed and the bloc should push ahead with substantial reform this year, the EU's executive said on Wednesday. European Commission President, Jose Manuel Barroso, ...
EU considers new European financial risk watchdog International Herald Tribune
Brussels to call for European financial watchdog Monsters and Critics.com
UDPATE: De Larosiere Report Seeks Stronger Financial Oversight EasyBourse.com
European Voice - The Press Association
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Granby NEWS


Reuters

Ambac Financial's 4Q loss narrows to $2.34 billion
Forbes, NY
AP , 02.25.09, 07:27 AM EST Bond insurer Ambac Financial Group Inc. said Wednesday its fourth-quarter loss narrowed, but still totaled $2.34 billion as it cut the value of certain holdings, set aside more cash for potential losses and reduced its ...
Ambac reports quarterly net loss of $2.3 billion MarketWatch
Ambac Financial Group Q4 Net loss Narrows to $2.34 Bln - Quick Facts RTT News
Opening View: Wynn Resorts, Ambac Financial, and US Steel in Focus Schaeffers Research
Trading Markets (press release) - TheStreet.com
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Beaverton Valley Times

Ketchum Replaces Schapiro as CEO of FINRA
Washington Post, United States
By Zachary A. Goldfarb The Financial Industry Regulatory Authority yesterday named longtime regulator Richard Ketchum as its new chief executive, replacing Mary Schapiro, who became chairman of the Securities and Exchange Commission. ...
FINRA names Richard Ketchum chief executive The Associated Press
Who’s Minding the Store? Two Stanford Financial Employees Served ... Attorney at Law
FINRA names Richard Ketchum chief executive Forbes
SmartBrief - Bloomberg
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ABC News

In Geithner We Trust Eludes Treasury as Market Fails to Recover
Bloomberg
In a move that may have foreshadowed his role as President Barack Obama’s Treasury secretary, Geithner over the next two years nudged financial firms to voluntarily clear a backlog of swap trades. They stopped short of creating a clearinghouse to bring ...
What the Heck is a Financial Stress Test? WebCPA
Big banks get ready for White House stress tests The Associated Press
Gentle persuasion ensures home grown demand for US debt Reuters
ABC News - WHSV
all 173 news articles
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