Pimco favors emerging markets, El-Erian says Taipei Times STILL SLOW: Mohamed A. El-Erian said debt strains in Europe, along with the emphasis on non-developed markets, meant a year of slower-than-average growth Mohamed A. El-Erian, whose company runs the world’s biggest mutualfund, favors investments in emerging markets on expectations they’ll outpace...
CIT taps ex-Merrill chief Thain as CEO Taipei Times POST-BANKRUPTCY: The lender said it hired John Thain, who replaces the interim CEO, for the expertise he gained from restructuring the New YorkStock Exchange CIT Group Inc has hired former Merrill Lynch CEO John Thain as its new chief executive, the commercial lender said on Sunday, wagering that...
Jornada 4 Recap: Chivas The Best Goal Two of the top teams did battle this weekend. Chivas took care of their foe and positioned themselves in a great spot in the table. America is having problems without their key players and the relegation race is almost over with. By Sylvestre Adame Weekend Results:...
CPower Raises the Stakes redOrbit Posted on: Monday, 8 February 2010, 09:09 CST NEW YORK, Feb. 8 /PRNewswire/ -- CPower, a leading energy management and demand response firm, announced unprecedented growth during 2009, with an expanded roster of clients, two rounds of funding and award-winning smart grid innovations. In addition,...
Ex-Intel executive pleads guilty to fraud Syracuse (AP) - NEW YORK - A former Intel executive pleaded guilty Monday to charges he fed confidential information about the computer-chip maker to wealthy hedgefund manager Raj Rajaratnam, his old friend and central figure in a massive insider trading case. "I gave Raj Rajaratnam the information because...
Ex-Intel executive Rajiv Goel pleads guilty in Galleon Group case The Times Rajiv Goel, a former Intel executive, pleaded guilty today to his role in the alleged Galleon Group insider trading ring, giving damaging evidence against Raj Rajaratnam, Galleon's founder. Goel, who was the director of strategic investments at Intel Capital, the chipmaker's investment division, until news of the alleged scam broke last October, testified that he fed Mr Rajaratnam information about Intel during their...
Stocks Down Sharply; Dow Back Below 10,000 CBS News Selloff in Financial Sector Leads Key Index to Close at 9,908, Its Lowest Level in Months Font size Print E-mail Share 3 Comments The Dow Jones Industrial Average fell below the 10,000 mark Feb. 8, 2010 for the first time in three months. (AP / CBS) Stories Dow Plummets to 10,000 Mark Wall Street Eyes the 10,000 Mark (AP) The Dow Jones industrial average closed below 10,000 for the first time in three months Monday...
Dow closes below 10,000 for first time in 3 months Denver Post Click photo to enlargeFILE - In this March 17, 2009 file photo, the trading floor of the New YorkStock Exchange is seen. The Dow Jones industrial average closed below 10,000 for the first time in three months Monday, Feb. 8, 2010, on nagging concerns about debt loads in Europe. «12»NEW YORK—The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging...
Bonds edge up ahead of note auction The Guardian * Investors position ahead of auctions * Euro zone fiscal worries continue to fuel bid * Setup for three-year auction offers value, analysts say (Recasts lead, adds fresh quotes, changes byline) By Tom Ryan NEW YORK, Feb 8 (Reuters) - Longer-dated U.S. Treasury debt prices edged higher on Monday on worries over the fiscal health of some European countries' debt, and ahead of the Treasury Department's $40 billion...
Los Angeles World Airports Announces Management Changes at Van Nuys Airport PR Newswire LOS ANGELES, Feb. 8 /PRNewswire/ -- Los Angeles World Airports (LAWA) has announced that Jess Romo, airport manager at LA/Ontario International Airport (ONT), will also manage Van Nuys Airport (VNY). Selena Birk, VNY airport manager for the past 10 years, has been selected to lead the Regulatory Compliance and Standards Division at Los Angeles International Airport (LAX). This group is responsible for Ground...
Alliance One International Reports Improved Nine Month Operating Income PR Newswire MORRISVILLE, N.C., Feb. 8 /PRNewswire-FirstCall/ -- Alliance One International, Inc. (NYSE: AOI) today announced results for its third fiscal quarter ended December 31, 2009. Third Quarter Results For the nine months ended December 31, 2009, Operating Income increased $16.3 million to $179.3 million driven by stable revenues and reduced direct cost compared to the prior year. For the third quarter ended December 31,...
Recap of Saturday, February 6 Fox News DISCLAIMER: THE FOLLOWING "Cost of Freedom Recap" CONTAINS STRONG OPINIONS WHICH ARE NOT A REFLECTION OF THE OPINIONS OF FOX NEWS AND SHOULD NOT BE RELIED UPON AS INVESTMENT ADVICE WHEN MAKING PERSONAL INVESTMENT DECISIONS. IT IS FOX NEWS' POLICY THAT CONTRIBUTORS DISCLOSE POSITIONS THEY HOLD IN STOCKS THEY DISCUSS, THOUGH POSITIONS MAY CHANGE. READERS OF "Cost of Freedom Recap" MUST TAKE RESPONSIBILITY FOR THEIR OWN...
