Archive for the 'stock picks' Category

Oil rises to near $75 amid US crude supply drop

Thursday, September 9th, 2010

[AP] – Oil prices rose to near $75 a barrel Thursday after a report showed U.S. crude inventories fell more than expected, suggesting demand may be improving.

US loses ground in competitiveness report

Thursday, September 9th, 2010

[AP] – The U.S. has slipped down the ranks of competitive economies, falling behind Sweden and Singapore due to huge deficits and pessimism about government, a global economic group said Thursday.

Japan, India to sign free trade agreement

Thursday, September 9th, 2010

[AP] – Japan said Thursday it plans to sign a free trade pact with India that will scrap tariffs on 94 percent of traded goods over 10 years.

World stocks mostly up as Europe debt jitters ease

Thursday, September 9th, 2010

[AP] – Global stock markets mostly rose Thursday as the latest bout of jitters over Europe’s debt woes eased, though Chinese shares fell on fears that authorities might do more to cool the property sector.

World stocks mostly up as Europe debt jitters ease

Thursday, September 9th, 2010

[AP] – Global stock markets mostly rose Thursday as the latest bout of jitters over Europe’s debt woes eased, though Chinese shares fell on fears that authorities might do more to cool the property sector.

UK agency fines Goldman Sachs $27 million

Thursday, September 9th, 2010

[AP] – Britain’s financial regulator hit Goldman Sachs International with a 17.5 million pounds fine on Thursday for failing to notify U.K. authorities about an investigation in the United States.

UK agency fines Goldman Sachs $27 million

Thursday, September 9th, 2010

[AP] – Britain’s financial regulator hit Goldman Sachs International with a 17.5 million pounds fine on Thursday for failing to notify U.K. authorities about an investigation in the United States.

China shares fall on renewed property curb fears

Thursday, September 9th, 2010

[AP] – Chinese shares fell Thursday on fears of possible new government curbs on real estate as investors waited for monthly economic data.

Bank of Korea keeps interest rate near record low

Thursday, September 9th, 2010

[AP] – South Korea’s central bank left its key interest rate near a record low Thursday for a second straight month as the risk of slowing global growth outweighed a buoyant outlook for the local economy.

KNOC rules out higher bid for UK’s Dana Petroleum

Thursday, September 9th, 2010

[AP] – Korea National Oil Corp. says it won’t raise its hostile takeover bid for Britain’s Dana Petroleum. The statement released Thursday follows Dana’s publication of a defense document which argued that the company was worth significantly more than KNOC’s offer of 1.87 billion pounds , or 1,800 pence per share.