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Venezuela OKs payment for French retailer Casino (Reuters)

admin — Sat, 04 Sep 2010 21:09:56 +0000

Reuters – Venezuelan President Hugo Chavez has approved a $690 million payment to French retailer Casino and other owners of a supermarket chain nationalized earlier this year, state media said on Saturday.

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Venezuela OKs payment for French retailer Casino
(Reuters)

Obama says his economic policies halted "bleeding" (Reuters)

admin — Sat, 04 Sep 2010 18:38:47 +0000

Reuters – President Barack Obama, previewing a big push on the U.S.

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(Reuters)">Obama says his economic policies halted "bleeding"
(Reuters)

China tells state companies to explore Potash bid (Reuters)

publisher — Sat, 04 Sep 2010 03:09:42 +0000

Reuters – Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton’s $39 billion bid for Potash Corp, a source with direct knowledge of the matter said.

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China tells state companies to explore Potash bid
(Reuters)

Taxpayers likely to face initial loss on GM IPO: sources (Reuters)

publisher — Fri, 03 Sep 2010 23:33:47 +0000

Reuters – The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker’s stock, six people familiar with preparations for the landmark IPO said

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Taxpayers likely to face initial loss on GM IPO: sources
(Reuters)

Canada’s Goldcorp to buy Andean for $3.4 billion (Reuters)

admin — Fri, 03 Sep 2010 09:09:26 +0000

Reuters – Canada’s Goldcorp Inc agreed to buy Argentina-focused gold miner Andean Resources Ltd for C$3.6 billion ($3.4 billion), trumping a competing offer from rival Eldorado Gold Corp.

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Canada’s Goldcorp to buy Andean for $3.4 billion
(Reuters)

Stock index futures dip ahead of payrolls (Reuters)

publisher — Fri, 03 Sep 2010 07:44:48 +0000

Reuters – Stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.21 percent, Dow Jones futures down 0.17 percent and Nasdaq100 futures flat at 0725 GMT (3:25 a.m. ET).

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Stock index futures dip ahead of payrolls
(Reuters)

Payrolls seen falling, private hiring tepid (Reuters)

publisher — Fri, 03 Sep 2010 05:05:36 +0000

Reuters – U.S. employment likely fell for a third straight month in August as more temporary census jobs ended and cautious businesses scaled back hiring, an outcome that could pressure the Federal Reserve to prop up growth.

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Payrolls seen falling, private hiring tepid
(Reuters)

Heavy in dollars, China warns of depreciation (Reuters)

admin — Fri, 03 Sep 2010 03:26:21 +0000

Reuters – China on Friday offered a rare glimpse into its foreign exchange reserves, confirming that they are overwhelmingly allocated in dollars, while a central banker said the mountain of cash could face depreciation risks.

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Heavy in dollars, China warns of depreciation
(Reuters)

China approached Canadian fund on rival Potash bid (Reuters)

admin — Fri, 03 Sep 2010 03:20:21 +0000

Reuters – Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada’s Potash Corp to rival BHP Billiton’s $39 billion hostile offer.

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China approached Canadian fund on rival Potash bid
(Reuters)

Report: SEC Investigating canceled trades (AP)

admin — Thu, 02 Sep 2010 12:25:08 +0000

AP – The Securities and Exchange Commission is looking into certain types of stock trade orders that could be distorting share prices and trading volume, according to The Wall Street Journal.

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Report: SEC Investigating canceled trades
(AP)