10/20 Yahoo! News: Business

Please add updates@feedmyinbox.com to your address book to make sure you receive these messages in the future. Yahoo! News: Business - Business Oil hits 1-year high on weak dollar (Reuters) October 19, 2009 at 10:29 pm Reuters - U.S. crude futures edged up on Tuesday to a one-year high near $80 a barrel on a weak dollar and firm U.S. stock market. Apple smashes forecasts, stock hits record (Reuters) October 19, 2009 at 10:18 pm Reuters - Apple Inc's profits and sales streaked past Wall Street forecasts as iPhone and Mac sales hit quarterly records, sending its shares rocketing to all-time highs on Monday. IBM veteran exec put on leave after insider arrest (Reuters) October 19, 2009 at 7:48 pm Reuters - IBM placed senior executive Robert Moffat on leave of absence after he was arrested in the largest ever hedge fund insider-trading scheme. Apple smashes forecasts, shares hit record (Reuters) October 19, 2009 at 6:29 pm Reuters - Apple Inc's profits and sales streaked past Wall Street forecasts as iPhone and Mac sales hit quarterly records, sending its shares rocketing to all-time highs on Monday. GE, Lumber Liquidator in consumer finance accord (AP) October 19, 2009 at 3:36 pm AP - GE Money, the consumer lending unit of General Electric Co., and Lumber Liquidators, a hardwood flooring retailer, announced Monday a multiyear consumer financing agreement. Government unveils new mortgage help (AP) October 19, 2009 at 2:31 pm AP - The Obama administration is unveiling a new program to provide support to state and local housing agencies to provide help to thousands of home buyers and renters. Housing starts, permits seen rising in September (Reuters) October 19, 2009 at 2:05 pm Reuters - New construction of U.S. homes and permits for future building likely rose in September, supported by an improvement in sales and declining stocks of unsold properties, according to a Reuters survey. FTSE 100 jumps 1.76% (AFP) October 19, 2009 at 12:48 pm AFP - The leading stock exchange rallied on Monday lifted by a brighter economic outlook that pushed up commodity prices and by hopes of upbeat results from major US companies this week. SEC pursuing "significant" insider cases: source (Reuters) October 19, 2009 at 12:09 pm Reuters - U.S. securities regulators are pursuing "significant" insider trading cases involving financial professionals, a source familiar with the matter said on Monday. Icahn says offered $6 billion loan to CIT (Reuters) October 19, 2009 at 10:06 am Reuters - Famed corporate raider Carl Icahn said he offered to underwrite a $6 billion loan to CIT Group Inc , complaining that horse-trading between the troubled lender and its largest creditors was harming other bondholders. Gannett quarterly profit and ad revenue sink (Reuters) October 19, 2009 at 9:16 am Reuters - Gannett Co Inc, the largest U.S. newspaper publisher, reported a lower quarterly profit that beat market forecasts on Monday because of cost cuts, while revenue fell because of a 28 percent drop in publishing advertising sales. BB&T report slumps as credit issues weigh (Reuters) October 19, 2009 at 9:11 am Reuters - BB&T Corp said on Monday third-quarter profit fell 56 percent as continuing credit issues weighed on results. Hasbro profit tops Street view (Reuters) October 19, 2009 at 9:00 am Reuters - Hasbro Inc posted a quarterly profit that beat Wall Street expectations and gave an upbeat outlook for the full-year, fueling hopes for better toy sales during the holidays. European stocks rise on higher commodity prices (AFP) October 19, 2009 at 7:22 am AFP - European stock markets rallied on Monday, lifted by rising metals and oil prices, as investors eagerly awaited the latest batch of results from major US companies, traders said. Insider-trading accused seeks leave from India's ISB (Reuters) October 19, 2009 at 5:46 am Reuters - Anil Kumar, charged with other executives over the biggest hedge fund insider-trading scheme, has sought leave from the board of a top Indian business school that he helped set up. Blackstone's new fund faces cash shortfall: report (Reuters) October 19, 2009 at 5:26 am Reuters - Blackstone Group is finding it difficult to raise money for a new leveraged buyout fund, the New York Post said, citing people familiar with the matter. UK regulator outlines plans to ban "liar loans" (Reuters) October 19, 2009 at 5:21 am Reuters - Britain's financial regulator plans to force mortgage lenders to check the income of all borrowers, scrapping so-called "liar loans" blamed for helping to fuel bad debt problems at the heart of the credit crunch. JAL's banks reject restructure plan, shares rebound (Reuters) October 19, 2009 at 4:59 am Reuters - Creditors of Japan Airlines Corp (9205.T) have rejected the struggling carrier's restructuring plan and are pushing for a cut in debt waivers and details of the use of state funds, a source familiar with the matter said. Stock futures signal rebound along with commods (Reuters) October 19, 2009 at 3:54 am Reuters - U.S. stock index futures pointed to a rebound on Wall Street on Monday, with futures for the S&P 500 up 0.46 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.52 percent at 3.30 a.m. EDT. China's Nasdaq-style board late Oct trade: report (AFP) October 19, 2009 at 3:20 am AFP - The first batch of 28 companies to list on China's long-awaited Nasdaq-style board, ChiNext, will make their trading debut on October 30, state media reported Monday. Crisis shows need to right imbalances: Bernanke (Reuters) October 19, 2009 at 2:39 am Reuters - The financial crisis has spotlighted the importance of dealing with global imbalances in trade and capital flows, Federal Reserve Chairman Ben Bernanke said on Sunday at a Fed conference on Asia. Earnings blitz to test market's mettle (Reuters) October 19, 2009 at 12:47 am Reuters - U.S. stocks could slip this week if the spate of earnings from bellwethers including Apple Inc and Caterpillar Inc do not live up to heightened expectations. CME in informal talks to take over CBOE: report (Reuters) October 18, 2009 at 8:48 pm Reuters - CME Group Inc , the world's largest derivatives exchange, is in talks to take over the Chicago Board Options Exchange in a deal that would value the largest U.S. options market at up to $5 billion, according to Crain's Chicago Business.   This email was sent to cardmaster21@gmail.com.  Create Your Account Don't want to receive this feed any longer? Unsubscribe here.