Daily News Alert | Monday, November 2, 2009 12:01 AM PST |
Denbury to buy oil developer Encore for $2.64B
Sun, 1 Nov 2009 04:43 pm PST
AP - Oil and gas developer Denbury Resources Inc. said Sunday it will pay $2.64 billion in cash and stock to purchase Encore Acquisition Co., in a move to become one of the largest independent oil exploration and production companies in North America. Full Story | Top |
Meltdown 101: Ford has suffered less than rivals
Sun, 1 Nov 2009 12:03 pm PST
AP - Ford Motor Co. has been riding a wave of positive public sentiment since it steered clear of bankruptcy protection and avoided taking federal bailout money — unlike its crosstown rivals, General Motors Co. and Chrysler LLC. Full Story | Top |
Stocks tumble on recovery jitters, financials
Fri, 30 Oct 2009 02:47 pm PDT
 Reuters - The Dow industrials suffered its worst slide since July on Friday on concerns that the economic recovery won't be robust enough to sustain the seven-month stock rally, while financials sank on renewed worries about Citigroup's balance sheet. Full Story | Top |
Ryanair posts profit, issues fares warning
Sun, 1 Nov 2009 11:28 pm PST
 AFP - Irish low-cost airline Ryanair on Monday reported that its net profit nearly quadrupled in the first half of the year but warned a fall in fares would make for losses in the second half. Full Story | Top |
UK to shake up banking, 100s of branches for sale
Sat, 31 Oct 2009 04:54 pm PDT
AP - The Royal Bank of Scotland, Northern Rock, and Lloyds Banking Group are to sell off as many as 700 branches in the next few years in exchange for the public aid they received during the economic meltdown, a government official told The Associated Press on Saturday. Full Story | Top |
The answer to fixing the financial crisis? Restore regulation
Sun, 1 Nov 2009 03:00 am PST
McClatchy Newspapers - WASHINGTON -- Why didn't Wall Street firms tell potential investors that the bonds they were selling them were rotten? Why did their business partners, including subprime mortgage lenders, ignore glaring evidence that borrowers weren't qualified and give loans to virtually anyone with a heartbeat? Full Story | Top |
Oil rebounds above $77
Sun, 1 Nov 2009 10:56 pm PST
 Reuters - Oil rose above $77 a barrel on Monday, retracing some of the previous session's 3.6 percent drop, as bullish manufacturing data from China helped to allay fears about the pace of the rebound in global energy demand. Full Story | Top |
New-Home Sales in Surprise Decline
Fri, 30 Oct 2009 05:08 am PDT
BusinessWeek - The Oct. 28 report by the government that the rate of new-home sales posted a surprising 3.6% drop in September from August is likely to give a boost to advocates of extending a federal first-time home-buyer tax credit that is due to expire at the end of November. Full Story | Top |
Chat Transcript: Columbia Admissions
Fri, 30 Oct 2009 05:08 am PDT
BusinessWeek - Columbia Business School (Columbia Full-Time MBA Profile), which is No. 7 on BusinessWeek's 2008 list of the best business schools in the nation, is highly selective. In fact, this year the admissions committee accepted just 15% of the nearly 7,000 applications it received. Standing out and expressing how you could contribute to the community are key elements in the Columbia application. Full Story | Top |
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