March 2010 Business News

• Personal Income, Outlays Report for February
• US Treasury to Sell Citigroup Stake (NYSE: C)
• Greece Offers Bond Investors Five Times Yield as Spain, Raising $21 Billion
• Rio Tinto, China Bribery Trial Verdict Due Today
• Natural Gas Fuel of the Future
• Day Traders Live!
• Auditors Crack Down on Independent Contractors
• UAW to Sell All its Ford Stock Warrants
• Irish Banks Not Smiling
• Geely Eyes China for Volvo Expansion
• Moffat Pleads Guilty in Galleon Group Case
• Apollo Group Beats Expectations
• Canadian Dollar Gains as Eurozone Settles
• Thai PM Seeks Talks with Red Shirts
• South Korean Ship Mystery... a Mine?
• Michigan Militia Group Preparing for AntiChrist
• Obama Tells Karzai to Clean it Up
• NYC Activates Security Plan After Moscow Bombing
• Yahoo! Earnings Calendar

March 26, 2010

• Government Offers More Help for Homeowners
• Greece Finds Relief as EU Works in IMF to Solution
• GDP Unlikely to Sizzle Again in Q1
• WTO Chases Doha Deal as Trade Rebounds
• GDP Revised to +5.6% in Q4 Final Revision
• Reuters / Michigan Sentiment Reading Sticks in March
• Fed's Warsh Addresses Shadow Open Market Committee
• Brinker Int'l Boosts View, Raises Dividend (NYSE: EAT)
• AT&T Faces $1 Billion Charge on Health Care
• Oracle Revamps Sun, Sees Upside (Nasdaq: ORCL)
• The Year of Mobile Computing has RIMM, AAPL and NOK Atop Hill
• Housing Looks Bleak this Spring
• Oil Futures End Lower on Demand Concern
• Senate Health Care Fixes Pass Through House
• Rogers Says Greek Deal is Harmful
• Blast Sinks South Korean Naval Vessel
• Allawi Looks to Win the Most Seats in Iraqi Elections
• US, Russia Agree to Nuclear Arms Pact
• Yahoo! Earnings Calendar

March 25, 2010

• Health Care Legislation Sent Back to the House for Vote Again
• Bernanke's Exit Strategy
• Weekly Initial Jobless Claims Ease to 442K in March 20 Period
• Darling Defends His Bold Budget Plan
• Best Buy Beats the Street (NYSE: BBY)
• Fed's Pianalto Talks of After the Storm
• PIMCO's Gross Offers April Investment Outlook
• Farewell to Fed Program that Really Worked
• Barroso Says Unthinkable that EU Will Not Agree on Greece
• IMF Role for Greece Gains Support in Flimsy EU
• Profits Up at ConAgra (NYSE: CAG)
• Fred's Profit More than Doubles (Nasdaq: FRED)
• Qualcomm Raises Earnings Forecast (Nasdaq: QCOM)
• Citigroup Joins in Loan Modification Program (NYSE: C)
• Vatican Defends its Priest
• US, Russia Near Nuclear Arms Deal
• Bin Laden Threatens Revenge if KSM is Killed
• Dubai Drops $9.5 Billion Into Troubled Conglomerate
• Natural Gas Inventory Increased by 11 Bcf in March 19 Week
• Oil Inventory Grew 7.3 Million Barrels in Period
• Obama Hits Road to Sell Health Care
• Yahoo! Earnings Calendar

March 24, 2010

• Details on Fitch Downgrade of Portugal
• Portugal Downgrade Shakes EU and Euro
• ConocoPhillips Sheds Lukoil Stake, Announces Buyback (NYSE: COP)
• Japan Passes Trillion Dollar Budget to Boost Economy
• Sarkozy Pledges to Revamp Pensions and to Protect French Agriculture
• General Mills Profit Spikes 15% (NYSE: GIS)
• Adobe Results Lift Shares (Nasdaq: ADBE)
• Pace of Durable Good Order Growth Slower in February
• Mortgage Activity Dips in March 19 Period
• New Home Sales
• Lennar Posts Smaller Loss (NYSE: LEN)
• Bank of America Reducing Mortgage Principal (NYSE: BAC)
• TARP Watchdog Slams Foreclosure Plan
• Is Health Care a Sign of US Empire Economic Decline?
• Foods that Fight Stress
• Irish Bishop Resigns
• Greece Will Default
• Darling Says UK Growth to be Slower than Forecast
• New Law Singles Out Cybercrime Havens Russia, Ukraine and Nigeria
• Senate on Health Care's Final Chapter
• Netanyahu, Obama Met in Two Low-Profile Get-Togethers
• Yahoo! Earnings Calendar

March 23, 2010

• Beaming Obama Signs Health Care Legislation Into Law
• Is a 2012 GOP Controlled Congress a Good Thing for Obama?
• States Go to Court Against Health Care Reform
• Employers Brace for the Cost of Universal Health Care
• What the Law Means for Small Businesses
• Geithner Stresses Support for US Housing Market
• Google Challenges China with Bold Move to Hong Kong (Nasdaq: GOOG)
• Sparring Over Greece Keeps Pressure on Euro
• Germany, France Agree on IMF Role in Greek Crisis
• Existing Home Sales Pace Slow in February
• New Troubles for CVS Caremark (NYSE: CVS)
• FHFA House Price Index Shows Dip in January
• ICSC Weekly Same-Store Sales: +0.1% Wk/Wk, +3.7% Yr/Yr
• Argentina Bondholders to Recoup $0.54 on the Dollar
• San Fran Fed President Yellen Speaks at 3PM
• Britain Expels Israeli Diplomat
• EU Rules that Keyword Advertising Does Not Infringe on Trademarks
• Microsoft's Gates Backs Nuclear Start-Up (Nasdaq: MSFT)
• Netanyahu Gets Warmer Welcome on Capitol Hill
• Pay Czar Takes Aim at All TARP Takers
• MetLife Cuts CEO's Pay After Loss, to a Measely $11.6 Million
• Yahoo! Earnings Calendar

March 22, 2010

• House of Representatives Passes Historic Health Care Legislation
• Effort to Insert Abortion Language Fails
• Here Comes the Fear
• Yahoo! Earnings Calendar

March 19, 2010

• Health Care Reform - Where We Stand
• Health Insurance Stocks Solidly Up Ahead of the Big Vote
• 35 Cities Have 15% or Higher Unemployment Rate
• Financial Reform Bill Bailout Loophole Bothers Bair
• Dodd Cuts Out Backdoor Bailout
• What's Next After the Jobs Bill
• Greece Close to Being Closed Out of Capital Markets
• Euro Sinks Against Dollar Due to PIIGS Worry
• Germany's Stubborn Stance Sinks Cost of Borrowing for PIIGS
• Thaw in Rio Tinto's Relations with China
• Witching Adds to Investor Nervousness
• Can Palm (Nasdaq: PALM) Survive on its Own?
• Boeing Speeds Production of Two Aircraft (NYSE: BA)
• Icahn Wants Lion's Gate (NYSE: LGF)
• British Air Strike Pending
• Clinton Says Google on its Own (Nasdaq: GOOG)
• American Empire Collapse Pending?
• Quartet Urges Israeli Settlement Freeze
• The Richest States in America
• IAF Strikes in Gaza After Kassam Missile Attack
• US, Russia on Brink of Arms Treaty
• Yahoo! Earnings Calendar

March 18, 2010

• Dems Say Health Care Bill Will Cut Deficit
• GOP Says Health Care Expensive - Vote Looking Like Sunday
• Consumer Prices Subdued Based on February CPI Index
• Weekly Jobless Claims Ease Modestly in March 13 Period
• Leading Indicators Ease in February
• Germany Risks Having Tables Turned as Talks of Expelling Countries from Eurozone
• Papandreou Challenges Merkel, Seeks Aid Deadline
• Q4 Current Account Deficit Expands
• Philly Fed Survey Gains Again in March
• Marc Faber Says We Have a New Gold Standard
• Natural Gas Storage Drops 11 Bcf
• Euro Hurt by New Concerns
• Racial Announcement Stuns Wal-Mart Shoppers (NYSE: WMT)
• FedEx (NYSE: FDX) Says Economic Recovery Broadening
• Starwood Invests in Extended Stay
• Teva to Buy Ratiopharm
• Greek Bank Shares Fall on EU Support
• NCAA Expansion Means More Money for Madness
• Yemeni Preacher Urges Jihad US
• EU's Foreign Chief in Gaza
• Nigeria's Acting Leader Considers New Cabinet
• Clinton's Two Day Moscow Tour to Include Middle East Discussion
• Yahoo! Earnings Calendar

March 17, 2010

• Senate Okays Jobs Bill for Obama Vote
• Oh the Tangled Health Care Web We Weave
• Democrats Make Final Pitch to Moderates on Health Care
• February Producer Price Index (PPI) Drops on Energy, Growth Slows at Core Too
• Mortgage Activity Decreased in Week Ended March 12
• OPEC Reaffirms Production and Demand Outlook
• China Holds Tough on Yuan
• New Jersey Spending Cuts Run Deep
• Crude Oil Inventory Increased by 1.0 Mln. Barrels in March 12 Week
• Rogers Sizes Up Two Global Bubbles
• Italy Moves Against Banks (NYSE: UBS)
• GM CEO Sees Chance for Profit and IPO in 2010
• AC Moore Posts Smaller Loss (Nasdaq: ACMR)
• Blackstone Pours $600 Million into China Ag Play (NYSE: BX)
• Blackstone, Blackrock Eye GMAC's Residential Capital Unit
• Honda Joins Recall Hell (NYSE: HMC)
• 5 Americans Held in Pakistan on Terror Charges
• Netanyahu and Ahmadinejad Best of Enemies
• North Korea May Turn More Menacing, but Options Limited
• 5 New Rules for a Healthy Credit Score
• Iraq's al-Maliki Cries Fraud as He Falls Behind in Vote Count
• Yahoo! Earnings Calendar

March 16, 2010

• FOMC Non-Event, Keeps Rates Steady
• FOMC Likely to Reiterate Committment to Record Low Rates
• CLO Market to End 12-Month Drought Through Citi Deal
• March Housing Starts at Pace of 575 Mln.
• February Import/Export Prices Decline
• Dollar Lower as Traders Wait on Fed
• Pelosi Plans to Pass Health Care One Way or Another
• Europe Lightens Up on Greece
• Japan Bond Sale Goes Smoothly
• ICSC Same-Store Sales Decline 0.4% in Week of March 13, Up 3.2% Over Year Ago
• China Warns Google to Check Itself Even if it Leaves Country
• Shell Eyes Return to Growth as Reserves Rise
• Air Berlin to Cut Boeing Order (NYSE: BA)
• AVI Biopharma Reports Q4 Profit
• Renault, Daimler Share Swap Delayed (NYSE: DAI)
• Confronting a Nuclear Tipping Point
• China Slams US Pressure Over Currency
• Violent Clashes Erupt in East Jerusalem
• Thai Protests Get Bloody
• California Earthquake Wakes LA
• Obama Says, We'll Get the Votes, but for What?
• Yahoo! Earnings Calendar

March 15, 2010

• Industrial Production Edged Up in February
• China Reins Shock Stocks
• China Kept Selling US Debt in January
• Taking on China
• What About India?
• Stimulus Buys Robots and Tractors
• TIC Report for January Shows Net Inflows of $19.1 Billion
• Manufacturing Activity Continued to Improve in March
• Dodd to Propose Limits on Banks
• China's Wen Pushes Back on Yuan
• Pepsico Buying Back $15 Billion in Shares
• Phillips-Van Heusen Gets its Hilfiger On (NYSE: PVH)
• Google Shares Decline on China Row (Nasdaq: GOOG)
• Capital One Credit Card Defaults Fall but BofA's Rise (NYSE: COF, NYSE: BAC)
• Boston Scientific Suspending its ICD Sales (NYSE: BSX)
• Pentagon Probing Alleged Spy Operation
• Beckham Has Swift Surgery in Hopes of Making to World Cup
• EU Executive to Put Greek Plan to Finance Ministers
• US Urges Israel to Cancel its Jerusalem Settlement Plan
• Thailand Protests Resume
• Geopolitical Week Ahead
• US Israeli Ties Strained Post Bibi Settlement Announcement
• Yahoo! Earnings Calendar

March 12, 2010

• Obama Delays Asia Trip as Dems Wrangle Over Health Care Votes
• Lehman Autopsy Shows Signs of Foul Play
• February Retail Sales Rose Above Expectations at +0.3%
• Reuters/Michigan Consumer Sentiment Index Dipped in Early March to 72.5
• China's January Oil Demand Increase is Astonishing
• Yellen Looks Like Obama's Choice for Vice Chair of Fed
• China's Yuan to Rise Next?
• Business Inventories Stable in January
• Brown and Sarkozy United on Bank Levy
• China Warns Google as Internet Row Appears Near Deal
• Terra Industries Finally Accepts CF Industries Bid
• Novavax Posts Bigger Q4 Loss (Nasdaq: NVAX)
• Core-Mark Sales Rose
• Collective Brands CEO Says High End Consumer is Back (NYSE: PSS)
• Decoding the Cold War
• Sex, Baseball and Complaining
• Retire at 50 in Greece
• SEC Asks Congress to Regulate Credit Default SWAPS
• Lahore Bombarded, Scores Dead
• Tiger Setting His Sights on Augusta
• Yahoo! Earnings Calendar

March 11, 2010

• Weekly Jobless Claims Slips to 462K in March 6 Week
• International Trade Deficit Narrowed in January
• Violence Sparks as Unions Hold 24-Hour Strike
• China's Inflation Accelerates
• US Foreclosures at Slowest Pace in 4 Years (February)
• GMAC Bailout Could Cost Americans $6.3 Billion
• Japanese GDP Growth Revised Down to 3.8% in Q4
• Obama's Trade Agenda
• Natural Gas Inventory at 10:30 AM
• Q4 Quarterly Services Survey 10:00 AM
• Smithfield Foods (NYSE: SFD) Returns to Black
• BP Pays Devon Energy $7 Billion for North American Assets
• Imax Posts Q4 Profit
• Volkswagen Net Drops 80% in 2009
• 10 Ways to Save by Going Green
• Obama's War of Ideas
• Eurocrats Half-Baked Idea
• Trade Battle with Brazil
• Obama's Health Care Agenda, and Democrats' Tough Job
• HSBC Says 24K Swiss Account Data Stolen
• Biden Tries to Smooth Middle East Quagmire
• Carlos Slim Takes Over as World's Richest Man
• Yahoo! Earnings Calendar

March 10, 2010

• OPEC Raises Oil Demand Forecast in March
• Senate Jobs Bill Moves Toward Final Vote
• China's February Exports Jump 45.7%
• Prodi: Greek Crisis is Over
• Mortgage Activity Gains on Strong Purchase Activity
• Wholesale Trade Report for January 10:00 AM
• US Monthly Treasury Budget February 2:00 PM
• Geithner Speaks at 2:00 PM
• EIA Petroleum Status at 10:30 AM
• German Exports Drop 6.3% in January
• Japan Machinery Orders Decline 3.7% in January
• Munich Re Net Soars, While Swiss Re Hit by Chile Disaster
• Bank of America to End Overdraft Fees (NYSE: BAC)
• Barclay's On Look Out for US Bank (NYSE: BCS)
• China's Geely Secures Financing to Buy Volvo
• American Eagle Outfitters Profit Soars 81% (NYSE: AEO)
• Large Hadron Collider to Shut Down for Year
• Biden Condemns Israeli Settlement Project
• Afghanistan: Too Many Friends?
• Nigerian Nightmare, as Retaliation Looms
• Jihad Jane Plotted to Kill Swedish Cartoonist
• Yahoo! Earnings Calendar

March 9, 2010

• Biden Says US Will Stand by Israel
• Iran Urges China to Resist Sanctions Pressure
• Manpower Survey Shows Employers Still Skittish on Hiring
• Greek PM Asking Obama to Show Support Against Speculators
• Corker Pushes for Surgical Senate Financial Overhaul Bill
• ICSC Weekly Sales Mar. 6 Week: +2.9% Wk/Wk, +3.4% Yr/Yr
• Fitch Critical of UK Fiscal Path
• Weber Says EMF Idea is a Sideshow
• China Not TOO Keen on Gold
• Dangerous Omen Looms for Bonds
• Romer Says Too Soon for Spending Clamp Down
• EADS Says Tanker Bid Retreat is Final
• Dick's Sporting Goods Swings Profit
• United Airlines Sees Clear Signs of Recovery (Nasdaq: UAUA)
• Burger King Sees Weak Q3, Blames Weather
• Chevron to Shed 2K Jobs (NYSE: CVX)
• 43% of Americans Have Less Than $10K for Retirement
• Earthquake Strikes Near Hawaii
• Burma Refugees Face Starvation
• Merkel Pushes for Regulation Against Speculators
• Iraq to Announce Initial Election Results
• Yahoo! Earnings Calendar

March 8, 2010

• AIG to Sell ALICO Unit to MetLife (NYSE: MET, NYSE: AIG)
• AIG's Next Step Unclear
• President's Big Health Push
• More Evidence of an Urgent Problem
• Obama Appeals for Public Support
• ECB Puts Greek Aid Up to EU
• Greek Bonds Rise After Sarkozy Pledge
• Job Market Gauge Improved
• Thousands Spared from Foreclosure with Emergency Loan
• US Fiscal Path Unsustainable, Says Treasury Man
• Dubai World Deal Lifts Overseas Spirits
• Brussels Ready to Back Monetary Fund of its Own
• McDonald's Same Store Sales Up 4.8% in February
• Arrow Energy Gets Takeover Bid
• Portugal Banks Take Heat on Moody's Speak
• ABC Returns to Cablevision, Talks Continue
• FDIC's Bair Speaks
• Nigeria Violence Leaves Hundreds Dead
• Geopolitical Week Ahead: Renewed Work on Iran
• Retail Gas Prices Match High
• Vote Counting Under Way in Iraq
• Significant Earthquake Strikes Turkey
• World Marks Women's Day
• Hurt Locker is Big Oscar Night Winner
• Yahoo! Earnings Calendar

March 5, 2010

• Employment Situation Report February: 9.7% Unemployment, -36K Nonfarm Payrolls
• Wen May Struggle With 3% Inflation Goal
• Germany Rules Out Immediate Aid for Greece
• Greek PM Meets with Merkel
• Cash Strapped States Delay Paying Income Tax Refunds
• Consumer Credit Expands in January
• UK Producer Prices Rose 4%
• Commodity Price Shake Up
• Oil Hits Seven Week High
• Toyota Gets Verifiable Evidence of Ongoing Problems (NYSE: TM)
• iPad Set for April 3rd Release
• GM Set to Reinstate Dealers
• Dean Foods (NYSE: DF) Shares Surge on Speculation it May be Bought
• Barney Frank Agrees US Should Back Fannie and Freddie Debt (NYSE: FNM, NYSE: FRE)
• WPP Sees Return to Revenue Growth
• 11 Airports Get Body Scanners
• Dozens Hurt in Jerusalem Clashes
• Secret Millionaire Surprises with Her Will
• Turkey Criticizes House Committee Vote on Armenian Genecide
• Pentagon Shooter Acted On His Own
• Yahoo! Earnings Calendar

March 4, 2010

• Weekly Jobless Claims at 469K in Feb. 27 Week
• Greek Unions Call for Three Hour Strike
• Iraqis Vote with Triggers Cocked
• Monster Employment Index Rose in February
• Greek Bond Gains Steam
• Jean-Claude Trichet Prepared Statement
• ECB Keeps Rates Steady
• ECB Press Conference on Monetary Policy
• Productivity Improved, Costs Eased in Q4
• Factory Orders Rose 1.7% in January
• Pending Home Sales Slip 7.6% in January
• RBC Cash Index Gains in March
• Natural Gas Storage Drops by 116 Bcf in Feb 26 Week
• Gold Steadies Ahead of ECB Press Conference
• Retailers Report Gains for February
• Toyota's Fix is a Bust?
• Wendy's/Arby's Quarterly Loss Narrows
• Facebook CEO in No Rush for IPO
• JP Morgan Tops Goldman in Investment Banking Fees
• Four Convicted in German Terror Plot
• Levin to Take Over House Ways & Means Committee
• China Cut Defense Spending
• Polling Stations Bombed in Iraq
• Freak Waves Shake Cruise Ship
• Yahoo! Earnings Calendar

March 3, 2010

• ADP Reports Smallest Monthly Jobs Decline Since February 2008
• Challenger Job-Cuts Report Drops to 3-Year Low
• Fed's Fisher Says Too Big to Fail Banks Should be Dismantled
• Euro Strengthens as Greece Accepts Austerity Plan
• Greece Accepts EU Demands
• Spain's Jobless Rate Hits 19%
• China's NPC Meeting has Big Plans
• Obama's Health Care Dealing
• Consumer Agency in Fed Viewed a Win for Banks
• Mortgage Activity Gained in Latest Week
• ISM Non-Manufacturing Index Gains in February to 53
• Crude Oil Inventory Increased by 4 Million Barrels
• Costco and BJ's Fall Short (Nasdaq: COST, NYSE: BJ)
• Standard Chartered Profit Up 5%, Likes Outlook
• Toyota Holds 0% Financing on a Stick
• Pfizer's Alzheimer's Drug Falls Short (NYSE: PFE)
• Jerry Brown Wants Back Into California Governorship
• China Mobile in Talks to Buy Pudong Bank
• Ethiopian Aid Funds Spent on Weapons
• Charlie Rangel Takes Temporary Leave
• UN Ready to Handle Iran
• Yahoo! Earnings Calendar

March 2, 2010

• GM's Auto Sales Up 11.5% in February
• Ford's US Sales Jumped 43% in February
• India Economy to Grow Over 7% this Year
• Greece Finds Another $6.5 Billion in Deficit Cuts
• Toyota Officials Face More Senate Questions (NYSE: TM)
• Tremors for Sterling and Euro Continue
• Dodd, Corker Talking About Putting Consumer Protection at the Fed
• Fed's Hoenig Wants Rate Hike
• Oil Climbs to $80
• ICSC Weekly Same-Store Sales Weather Beaten: -0.8% Wk/Wk, +0.7% Yr/Yr
• CF Industries Relaunches Bid for Terra Industries (NYSE: CF, NYSE: TRA)
• Senator Holds Up Unemployment Benefits Extension
• Allied Irish Bank Swings to Loss
• Apple Sues Phone Maker on Patent Infringement
• Staples Q4 Profit Falls (Nasdaq: SPLS)
• Jay Leno's Return Gauged
• Canada Holds Key Rate Steady
• A Primary in Texas
• Australia Raises Key Interest Rate
• German Minister Says Greece Aid Talk Inappropriate
• Russia Still Sees Room for Diplomacy with Iran
• Chilean Troops Quell Unrest
• Berlin Sees Domestic Resistance to Greece Aid
• Karadzic Claims Seige on Sarajevo a Myth
• Yahoo! Earnings Calendar

March 1, 2010

• Personal Income and Outlays Report January
• Manufacturing Expands Again, but ISM Index Slips a Bit in February to 56.5
• EU Chief Meets with Greek PM
• China Manufacturing Grew Less Than Forecast
• Construction Spending Slips 0.6% in January
• PIMCO's Gross Says Sovereign Debt Returns May Match Corporate
• Buffet's Annual Letter to Shareholders
• Greece Must Do More Says Mr. Rehn
• Prudential Buying AIG Asia
• Astellas Pharma Plans Takeover of OSI
• New Merck (NYSE: MRK) has 40 Drugs in Late Stage Trials
• Iran Not Cooperating, Says IAEA
• Chilean Copper Mines Back Up and Running
• The Pound is Down on Election Worries
• Supreme Court Hears Skilling Appeal
• Fed's Kohn Calling it Quits in June
• Geo Week Ahead: Swords Sharpen as Iraqi Election Looms
• Copper Jumps on Chilean Earthquake
• Canadians Celebrate Men's Hockey Win
• Chilean Troops Dealing with Mass Looting
• Yahoo! Earnings Calendar