New York City :: NY :: USA
| updated Wed Dec 02 02:03:42 -0800 2009
| business-news
If the Iraq war was fought for oil, it’s done little to enrich American oil companies, which are just now striking deals to service the country’s fields—and at far worse terms than they’d hoped. Most companies balked at Iraq’s initial...
New York City :: NY :: USA
| updated Wed Dec 02 04:02:38 -0800 2009
| business-news
Federal Reserve Chairman Ben Bernanke vowed before taking office to follow in the footsteps of his storied predecessor, Alan Greenspan, but he will likely distance himself from the past as he seeks a second term. After a devastating financial crisis...
New York City :: NY :: USA
| updated Wed Dec 02 01:24:26 -0800 2009
| business-news
So much to think about in markets today.. Dubai, Iran etc etc..although nothing to report (trading wise) from the UK morning session. While I catch up on things a few general thoughts. Markets are more than usually vulnerable to news...
New York City :: NY :: USA
| updated Tue Dec 01 09:17:03 -0800 2009
| business-news
The transaction involves AIG shifting ownership of these two units into separate entities, which themselves remain owned by AIG. The New York Fed is being given preferred stakes in AIA worth $16 billion and in Alico worth $9 billion. AIG...
New York City :: NY :: USA
| updated Tue Dec 01 14:13:54 -0800 2009
| business-news
Templeton, which holds 10 per cent in Taro, had supported the promoters led by chairman Barrie Levitt over the last two-and-a-half-years since the stake sale agreement was signed. A report in an Israeli online business daily Globes said Templeton decided...
New York :: NY :: USA
| updated Mon Nov 30 13:27:36 -0800 2009
| business-news
Greek shipping company Tsakos Energy Navigation Ltd. said Monday it has entered into time-charters for four handymax MR product tankers. The name of the oil client it entered into an agreement with was not disclosed. A minimum of roughly $32...
New York City :: NY :: USA
| updated Tue Dec 01 12:20:18 -0800 2009
| business-news
David Gardner's top pick took an epic run of 1,334%! ABT ) is playing it safe with another cholesterol drug, TriCor...Abbott claims that patents on the drug don't expire until 2023, but it'll let Teva launch a generic version of...
New York City :: NY :: USA
| updated Wed Dec 02 02:49:22 -0800 2009
| business-news
Gold has long been favored by some elements of the investment world, but this year, some of the world's leading hedge fund managers have loaded up on the precious metal amid concern that government efforts to avoid another Great Depression...
New York City :: NY :: USA
| updated Tue Dec 01 08:00:26 -0800 2009
| business-news
may have caught our community off guard, low-ranked stocks are fully expected to fall hard...All-Star DarthMaul09 warned Fools about getting excited over AIG 's price action: The unstable stock price matches this unstable company. It had a nice percentage gain...
New York City :: NY :: USA
| updated Mon Nov 30 13:30:26 -0800 2009
| business-news
David Gardner's top pick took an epic run of 1,334%!...Although shoppers dutifully showed up in stores, they actually spent less than they did last year. According to the National Retail Federation, which uses a survey of 5,000 consumers to help...
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