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Obama travels to Asia to push U.S. exports

<ul><li>Despite catching flak from political observers on the timing, U.S. President Obama began a 10-day tour of Asia this weekend meant to strengthen ties and expand markets for U.S. exports.</li><li>In remarks after a Cabinet…

[ More ] November 7th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Office Depot to sell Israel unit to Hamashbir

JERUSALEM, Nov 7 (Reuters) – Israeli retailer Hamashibr
Lazarchan said on Sunday it signed a deal to buy the Israeli
unit of Office Depot Inc at a company value of 178.6
million shekels ($50…

[ More ] November 7th, 2010 | Comments Off | Posted in Business, Mergers and Acquisitions, Stock Markets |
 

Gay Episcopal bishop to retire early

<ul><li>U.S. Episcopalian cleric V. Gene Robinson, the church’s first openly gay bishop, said Saturday he will retire in just over two years when he will be 65.</li><li>Robinson wouldn’t be required to step down until he turns 7…

[ More ] November 7th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Somali pirates free two ships

<ul><li>Somali pirates have released two ships they commandeered on the high seas after apparently extracting million of dollars in ransoms, officials said Saturday.</li><li>Andrew Mwangura of the Seafarers Assistance Program in…

[ More ] November 7th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |
 

Saturday Watch List: Citigroup Inc., Bank of America, Ford Motor, Las Vegas Sands Corp., Wells Fargo & Co., JP Morgan Chase, dPollution International Inc.

Saturday Watch List: Citigroup Inc., Bank of America, Ford Motor, Las Vegas Sands Corp., Wells Fargo & Co., JP Morgan Chase, dPollution International Inc.[More...]

[ More ] November 7th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Detroit thinks big as it shrinks

<ul><li>Detroit is seeking backing for ambitious reinvention projects even as it has trouble funding essential services, civic leaders say.</li><li>"We’re not looking for investments that reinforce existing patterns of beha…

[ More ] November 7th, 2010 | Comments Off | Posted in Business, Stock Markets, Stock Trading |

Obama announces trade deals with India

<ul><li>President Obama told Indian business leaders Saturday that a close economic relationship with the United States will help both countries.</li><li>They included the sale of Boeing jets to the Indian military and to a civi…

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

Monster Jump Out Of Armstrong World Industries (AWI)

Aside: I am not chasing anything today as the market is pulled very far from its 13 day moving average.  If anything if S&P 1220 is broken to the downside, I’d like to do an intraday index short.

Volatile Turkish Lira Position? Hedge It With The Hungarian Forint

Almost daily, I receive emails asking how a trader can profit from the Turkish Lira, many of whom are drawn to the high interest rate feature of the currency. It is easy to forget about the huge volatile moves that has plagued the currency since its re…

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

Who Can Print More Money -FED or BoJ?

Not that long ago central banks were in a race who can slash interest rates to zero first. Seems like a distant memory, but the Bank of Japan was the winner then.[More...]

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

“Invent It. Build It.” Event Helps Girls Calculate the Benefits of Pursuing Engineering Careers

"Invent It. Build It." Event Helps Girls Calculate the Benefits of Pursuing Engineering Careers[More...]

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

Egypt’s Amer Group to launch IPO and private placement

CAIRO (Reuters) – Egyptian real estate company Amer Group expects to raise 1.14 billion Egyptian pounds ($242 million) through an initial public offering and a private placement before the end of the…

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

Kuwait wealth fund to consider GM IPO if feasible

KUWAIT (Reuters) – Kuwait Investment Authority, the Gulf Arab country’s sovereign wealth fund, will consider taking part in General Motors’ initial public offering if it is feasible, its managing…

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

Southern California Edison Elects Dietrich Senior Vice President and Chief Nuclear Officer

<ul><li>The Southern California Edison (SCE) Board of Directors has elected Peter (Pete) Dietrich senior vice president and chief nuclear officer, effective Dec. 9. </li><li>He succeeds Joe Sheppard, who was serving as interim…

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

Saxena White Reminds Investors the Lead Plaintiff Deadline in Class Action Against China-Biotics Inc. Is November 16, 2010

<ul><li>Saxena White P.A. reminds all investors of China-Biotics, Inc. ("China-Biotics" or the Company) (NASDAQ: CHBT) that the Lead Plaintiff deadline for the class action filed in the United States District Court for the Souther…

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