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Slow, Steady Housing Recovery Expected Ahead

<ul><li>A slow, steady recovery is predicted for the housing market despite ongoing challenges, according to a residential market update today at the 2010 REALTORS(R) Conference &amp; Expo.</li><li>Lawrence Yun, National Ass…

[ More ] November 6th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Fitch Affirms Two Morgan Stanley Institutional Liquidity Portfolios at ‘AAAmmf’

<ul><li>Fitch Ratings has taken the following rating actions on two money market fund portfolios managed by Morgan Stanley Investment Management, Inc. (MSIM), a wholly owned subsidiary of Morgan Stanley (NYSE: MS):</li><li>Mor…

[ More ] November 6th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |
 

US accused of forcing up world food prices

Fresh round of US quantitative easing will weaken dollar and push up commodity prices, hitting consumers, say criticsThe US central bank was accused today of adding to soaring food prices with its new programme of quantitative easing, after oil and commodities surged on world markets.Critics said the $600bn (£370bn) of QE announced by the Federal [...]

[ More ] November 6th, 2010 | Comments Off | Posted in Business, Economics, Finance |

Ofcom kicks off investigation into News Corp’s BSkyB bid

Media regulator outlines areas it will scrutinise, and calls for submissions from interested partiesOfcom has kicked off its investigation into News Corporation’s proposed takeover of BSkyB, outlining the areas it will scrutinise in testing the threat to media plurality, with submissions due by 19 November.The media regulator also called for views about the “potential remedies [...]

[ More ] November 5th, 2010 | Comments Off | Posted in Business, Finance |
 

BP gains, traders cite Exxon bid talk

LONDON (Reuters) – Shares in BP gained on Friday, with traders citing talk that Exxon Mobil was considering a bid for the oil company.

[ More ] November 5th, 2010 | Comments Off | Posted in Business, Finance, Stock Markets |

UK invites views on Murdoch’s BSkyB buyout proposal

LONDON (Reuters) – British communications regulator Ofcom invited comments on the proposed acquisition of BSkyB by Rupert Murdoch’s News Corp and said it would consider how much control individuals…

[ More ] November 5th, 2010 | Comments Off | Posted in Business, Finance, Stock Markets |

Harrah’s files for $500 million IPO, changes name

NEW YORK (Reuters) – Harrah’s Entertainment Inc, the world’s largest casino operator by revenue, finalized terms for an initial public offering that would raise about $500 million.

[ More ] November 5th, 2010 | Comments Off | Posted in Business, Finance, Stock Markets |

E.U. sees U.S. “disappearing” as partner on climate

BEIJING/BRUSSELS (Reuters) – The European Union sees the United States “disappearing as a partner” in international climate talks after President Barack Obama suffered setbacks in midterm elections,…

[ More ] November 5th, 2010 | Comments Off | Posted in Business, Environment, Green Business |

Magna International (MGA) Crushes Estimates, Announces 2:1 Split, Stock Buyback, Increases Dividend by 20%

If Magna International (MGA) were involved in the ‘cloud space’ (even 10% of revenue, which now gives you the massive overvaluation) this sort of beat would have the stock up 20%+ on this sort of report.  Too bad you cannot build auto frames in th…

Energy After The Election

You already know the Republicans gained more congressional seats this week than in any election since 1938.[More...]

In The Clouds: EMC (EMC)

Some information technology areas have more dynamic growth prospects than others; a prime example is the emerging field of cloud computing.[More...]

The Truth About Rare Earth Supply And Demand

Mention rare earths these days, and you might be met with a confused expression by those frothing over how "the bubble" popped on short-lived Chinese quotas, and the bearish headline assaults that are more fiction than fact…

[ More ] November 5th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

U.S. markets flat Friday

<ul><li>U.S. markets were mixed Friday after soaring in the previous session due to the Federal Reserve restarting a bond purchasing program.</li><li>The $600 billion program announced Wednesday pushed the Dow Jones industrial a…

[ More ] November 5th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Time To Dump Your Federal Reserve Notes

We truly live in incredible times when government propaganda is considered truth, and reason has been abandoned. With the recent announcement of QE 2 (code name for money printing), the Fed along with the media has declared to the public that…

[ More ] November 5th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

President of Tanzania declared re-elected

<ul><li>Tanzania’s election officials declared Friday that Jakaya Kikwete was re-elected president of the East African country.</li><li>The election commission said Kikwete took just over 61 percent of the vote in last weekend’s…

[ More ] November 5th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |