California seeking buyers for Orange County Fairgrounds in effort to plug budgetOctober 8th, 2009 California seeking buyers for OC FairgroundsCOSTA MESA, Calif. — The first of five high-profile state properties that Gov.
MGM Mirage rises after firm says it will cut prices on condo units when buyers close dealsOctober 6th, 2009 MGM Mirage climbs following condo unit discountNEW YORK — MGM Mirage shares surged Tuesday after the casino operator said it would cut prices by 30 percent on some condos when already lined up buyers close on deals at its $8.5 billion CityCenter development in Las Vegas. MGM Mirage said Monday that CityCenter will start closing on the nearly 2,400 units at the lowered prices in January.
Prices on long-term Treasurys slip as investors cautiously buy into the stock marketSeptember 30th, 2009 Long-term Treasurys fall modestly as stocks riseNEW YORK — Long-term Treasurys fell modestly Wednesday, pushing yields higher, as investors cautiously bought into the stock market on the last day of the third quarter. The price of the benchmark 10-year note fell 5/32 to 102 18/32, pushing its yield up to 3.32 percent from 3.29 percent late Tuesday.
Summary Box: US households see wealth grow for first time in nearly 2 yearsSeptember 17th, 2009 Summary Box: Net worth grew in springWHAT HAPPENED? Americans got wealthier. Household net worth grew in the second quarter for the first time in nearly two years, a Federal Reserve report showed.
Summary Box: New jobless claims dip less than expected, weak labor market may hinder recoverySeptember 3rd, 2009 Summary Box: Jobless claims dip less than expectedJOBLESS CLAIMS ELEVATED: The Labor Department said the number of laid-off workers applying for benefits dipped to 570,000 from an upwardly revised 574,000 the previous week. The number of Americans continuing to receive benefits rose unexpectedly to 6.23 million.
Report: Dow Jones & Co. seeking potential buyers for stock-market indexing businessAugust 21st, 2009 Report: Dow Jones might sell storied stock indexNEW YORK — The Dow Jones Industrial Average could get a new name. The Wall Street Journal reported Friday that its publisher, Dow Jones & Co., is considering selling its stock-market indexing business and has reached out to potential buyers.
Summary Box: Fed extends program intended to boost consumer and business lendingAugust 18th, 2009 Summary Box: Fed extends lending programWHAT HAPPENED?: The Federal Reserve said it's extending a program that was due to end Dec. 31. The major part of the program, aimed at boosting consumer and business lending, will now run through March 31.
US stock futures mixed in narrow range as investors await reports on jobs, retail salesAugust 6th, 2009 Futures mixed ahead of jobs, retail sales reportsNEW YORK — U.S. stock futures are mixed in a narrow range as investors refrain from making big bets ahead of reports on retail sales and the labor market.
Rockwell Collins CEO sees business jet service market pickup sooner than manufacturingJuly 30th, 2009 On the Call: Rockwell Collins CEO Clayton M. JonesManufacturers of jets and jet engines have been hit hard by the recession as businesses have been slashing purchases of jets for executives.
Last minute buying resurrects Sensex (Roundup)July 27th, 2009 MUMBAI - Late buying of heavyweight stocks helped a key index of the Indian equities markets recoup most of its losses Monday, though it still ended trade 3.92 points lower than its previous close. The 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 15,350.89 points, lost 3.92 points or 0.03 percent to close at 15,375.04 points.
Sensex moves up 446 points on strong global cues (Roundup)July 20th, 2009 NEW DELHI - Strong global cues and bullish sentiments over improved corporate earnings helped a key index Monday gain 446 points over its last closing figure. The 30-scrip benchmark index of the Bombay Stock Exchange (BSE), the Sensex, which opened at 14,854.17 points, gained 446.09 points or 3.03 percent to close at 15,191.01 points.
Summary Box: Government accuses Mozilo, 2 others of civil fraud in Countrywide mortgage caseJune 5th, 2009 Summary Box: Mozilo accused of civil fraudFORMER COUNTRYWIDE CEO CHARGED: The government has accused Angelo Mozilo and two other former executives of the fallen mortgage lender of civil fraud and insider trading. The three dispute the civil charges by the Securities and Exchange Commission.
How the Dow Jones industrials and other major stock indexes fared in Thursday's tradingJune 4th, 2009 How the major stock indexes fared on ThursdayThe stock market resumed its rally after getting encouraging readings on two of the best gauges of the economy's health: consumer spending and corporate profits. Traders pounced on news that retailers last month had their first sales gains in more than a year.
Wall Street opens modestly higher despite worse-than-expected unemployment reportMay 14th, 2009 Stock market brushes off poor jobs claims numbersNEW YORK — A worse-than-expected report on weekly jobless claims wasn't enough to dampen the stock market early Thursday. The Labor Department's weekly jobless claims report showed more workers filed last week for unemployment benefits than anticipated.
Recession hits Indian sports goods marketDecember 25th, 2008 NEW DELHI - The global meltdown has impacted the Indian sports goods market with export orders going down by more than 30 percent in the last two months. According to a report by the Sports Goods Export Promotion Council (SGEPC), there has already been a loss of Rs.450 million in the business and if the situation continues in the next two months, then more than 50,000 workers will lose their jobs.
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