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 Finance News Watch
money & finance Suryoday Microfinance raises INR 210 million equity from Lok Capital and Aavishkaar Goodwell (2010-09-03)
Suryoday Microfinance Pvt Ltd (Suryoday), a Pune-based MFI announced the successful closure of its Series B equity financing for a primary infusion of INR 175 million led by Lok Capital as well as from its existing investor, Aavishkaar Goodwell, two leading social investment / microfinance equity funds operating in India.

money & finance A Dearth of Work for Chinas College Grads (BusinessWeek) (2010-09-03)
BusinessWeek - The job hunt came as a shock. The 23-year-old job seeker graduated in June from a good school -- Beijing University of Technology -- with a bachelors degree in materials science, a subject he figured would appeal to employers. Yet he had to go through scores of interviews and comb the online job sites endlessly before landing a job at a local trading company. Happy ending? Barely. The pay, $368 a month, is meager by Beijing standards, so he has had to move back in with his parents and hes too ashamed about the outcome of his job search to give his name. ...

money & finance S.Koreas Kia to recall 35,000 cars in US (AFP) (2010-09-03)

The logo of South Korean car firm Kia Motors. The countrys second largest carmaker has said it is recalling about 35,000 vehicles sold in the United States due to faulty wiring in interior lights that could cause fires.(AFP/File/Stan Honda)AFP - South Koreas second largest carmaker Kia Motors said Friday it is recalling about 35,000 vehicles sold in the United States due to faulty wiring in interior lights that could cause fires.




money & finance Crocodile Dundee to return to US amid tax fray (AP) (2010-09-03)

** FILE ** In this April 18, 2001 file photo, Australian actor Paul Hogan, star of the Crocodile Dundee movie trilogy, poses in front of a movie poster for Crocodile Dundee in Los Angeles, at a screening of the movie, at the Paramount studios in Los Angeles, Calif. Hogan has been cleared to return home to the United States after he was barred last month from leaving Australia because of a disputed tax bill, his lawyer said Friday, Sept. 3, 2010. (AP Photo/Rene Macura, File)AP - Actor Paul Hogan, star of the Crocodile Dundee movie trilogy, has been cleared to return home to the United States after he was barred last month from leaving Australia because of a disputed tax bill, his lawyer said Friday.




money & finance Latest Gulf oil rig problem differs from BP spill (AP) (2010-09-03)

Boats are seen spraying water on an oil and gas platform that exploded in the Gulf of Mexico, off the coast of Louisiana., Thursday, Sept. 2, 2010. All 13 crew members were rescued.  (AP Photo/Gerald Herbert)AP - Stark differences exist between the oil platform fire in the Gulf of Mexico and the blast that led to the massive BP spill. Mostly notably, no one was killed and no crude was gushing into the water, but the distinctions dont end there.




money & finance Con man could get life under Calif. 3-strikes law (AP) (2010-09-03)
AP - A man accused of bilking elderly South Los Angeles residents out of their homes in a foreclosure scam is facing a potential life sentence in a rare use of Californias three-strikes law for a white-collar crime.

money & finance IMF to give Pakistan $450 mln in flood aid (Reuters) (2010-09-03)

Flood victims left without receiving aid for three days reach for food handouts donated by a group calling themselves Muslim brothers in Pakistans Muzaffargarh district of Punjab province September 2, 2010. REUTERS/Damir SagoljReuters - The International Monetary Fund will give Pakistan $450 million in emergency flood aid and disburse funds in September to help the countrys economy cope with the devastation, the head of the IMF said on Thursday.




money & finance 5 Tax Moves to Make Now (U.S. News World Report) (2010-09-03)
U.S. News World Report - It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later.

money & finance EU reaches deal on cross-border financial supervisors (AFP) (2010-09-03)

Europe took a big step closer to its goal of creating cross-border financial supervisors, reaching a crucial milestone. EU states, the European Commission and European lawmakers reached a deal in principle to establish three agencies that will oversee banks, insurers and the markets, European Internal Market Commissioner Michel Barnier, pictured in July 2010, said.(AFP/File/Georges Gobet)AFP - Europe took a big step closer on Thursday to its goal of creating cross-border financial supervisors, reaching a crucial milestone in efforts to reform a sector blamed for the global recession.




money & finance Take-Two posts profit, raises outlook (Reuters) (2010-09-03)
Reuters - Video game maker Take-Two Interactive Inc on Thursday smashed Wall Street expectations for its fiscal third quarter and raised its forecast for the current fourth quarter, citing strong sales for its Red Dead Redemption title.

 Search News

 In the Money...
Some BofA shareholders can apply to tap $150M fund (AP)
Payrolls seen falling, private hiring tepid (Reuters)
Heavy in dollars, China warns of depreciation (Reuters)
Canadas Goldcorp to buy Andean for $3.2 billion (Reuters)
China approached Canadian fund on rival Potash bid (Reuters)
Stock index futures dip ahead of payrolls (Reuters)
Nationwide: house prices fall for second month in a row
Nationwide considers mortgage market changes
US factory data offset double dip recession fears
Detached homes put on £91 a day
Go-Ahead Group leads travel, leisure sector higher in London
£5 notes to be reconciled with ATMs
Mistakes Millennials Make at Work (BusinessWeek)
China auto sales rebound to grow 56 percent in Aug (AP)
Hovnanian trims loss for fiscal Q3 (AP)
Oil slips as investors eye U.S. jobs reports (Reuters)
Court battle set over giant NYC housing complex (Reuters)
Ex-Gordmans exec gets prison for defrauding firm (AP)
Group: China failing to keep WTO access pledges (AP)
Why Its Harder to Be a Clueless Consumer (U.S. News World Report)
Summary Box: US fears mean risk for ECB (AP)
Earnings Preview: Campbell Soup Co. (AP)
Romer: U.S. must find will for further stimulus (Reuters)
SEC says it lacked authority to charge Moodys (AP)
Consumer bankruptcies fell 8 percent in August (Reuters)
Apple TV takes aim at Web-connected living room (Reuters)
GM roadshow to begin after elections: sources (Reuters)
China digs for ways to stymie BHPs Potash Corp bid (Reuters)
Asia stocks rise as U.S. data soothes fears (Reuters)
House prices slip on supply / demand imbalance
House purchase mortgage lending stands still
Australia’s economy shows promise
Soaring bad debt hits credit card lenders
Cable Wireless Worldwide, TUI Travel up on sale rumors
Quest CEs Iowa 4-Hour Annuity Training Course Approved
Housing Crisis Hits Seniors Hardest Reverse Mortgage Master Helping Save Homes
Telfair Capital Launches New Site To Offer Working Capital Providers Business Clients Easier Navigation, Improved Service
Bad Credit Loan Specialist BHM Financial Announces Affiliation with Payday Lender, Ark Capital
Global Credit Card Industry - Emerging Markets
NDC Retains Its Leading Position Among Russias Depositories
NDC Appoints New Deputy Director General
Making the Most of the Campus Visit (BusinessWeek)
Hyundai shifting production of SUV to Kia plant (AP)
Obama adviser warns against tax cuts for wealthy (Reuters)
Oil creeps above $72 after big fall on weak demand (AP)

 

 
 


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 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
10320.10
+50.63 ( 0.49 %)
NASDAQ
2200.01
+23.17 ( 1.06 %)
FTSE 100
5377.30
+6.26 ( 0.12 %)

SYMBOL (2007-09-26)
LAST
CHANGE
NORTHERN ROCK (11:35am)
182.00
+19.04 ( 11.20 %)
ASTRAZENECA (3:23am)
3291.00
+11.00 ( 0.33 %)
RIO TINTO (3:23am)
3493.50
+10.50 ( 0.30 %)
BRITISH AMERICAN TOBACCO (3:22am)
2308.50
+8.50 ( 0.37 %)
NEXT (3:16am)
2048.00
+8.00 ( 0.39 %)

SYMBOL (2010-09-02)
LAST
CHANGE
HONEYWELL INTL INC (4:00pm)
42.01
+1.13 ( 2.76 %)
BOEING CO (4:02pm)
63.39
+1.10 ( 1.76 %)
3M COMPANY (4:00pm)
81.87
+0.86 ( 1.06 %)
HOME DEPOT INC (4:00pm)
29.41
+0.74 ( 2.57 %)
WAL MART STORES (4:00pm)
51.76
+0.56 ( 1.10 %)

SYMBOL (2010-09-02)
LAST
CHANGE
FIRST SOLAR INC (4:00pm)
134.89
+4.72 ( 3.63 %)
SYCAMORE NETWORKS (4:00pm)
26.90
+4.68 ( 19.31 %)
PRICELINECOM INC (4:00pm)
311.28
+4.44 ( 1.45 %)
INTUITIVE SURGICAL INC (4:00pm)
277.32
+3.26 ( 1.19 %)
ISRAMCO INC (4:00pm)
55.98
+3.12 ( 5.57 %)

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