RSSMix.com Mix ID 47279

Swatch full-year profit beats poll, upbeat on 2010

Tue, 09 Feb 2010 02:31:20 -0500

ZURICH (Reuters) - Swatch Group, the world's largest watchmaker by sales, posted a forecast-beating full-year profit and confirmed its upbeat outlook for 2010, easing worries a flagging economic recovery may hit demand.

Toyota recalls 437,000 Prius, hybrids globally

By YURI KAGEYAMA — Tue, 09 Feb 2010 02:19:34 -0500

TOKYO (AP) -- Toyota says it is recalling about 437,000 Prius and other hybrid vehicles worldwide to fix brake problems - the latest in a string of embarrassing safety lapses at the world's largest automaker....

Asian shares mixed; euro wins respite

Tue, 09 Feb 2010 02:18:28 -0500

TOKYO (Reuters) - Asian shares broadly rose on Tuesday, led by Taiwan and South Korea, and the euro staged a small rebound from its recent drubbing, but Japan and Australia fell as investor sentiment remained weak on euro zone fiscal concerns.

Asian stocks mixed after Wall Street decline

By JOE McDONALD — Tue, 09 Feb 2010 02:06:21 -0500

BEIJING (AP) -- Asian stocks were mixed Tuesday following Wall Street's decline on lingering worries about high European debt levels....

Toyota recalls Prius, other hybrids over brake woes

Tue, 09 Feb 2010 01:52:24 -0500

TOKYO/DETROIT (Reuters) - Toyota Motor Corp said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of its worst safety crisis.

Macquarie outlook disappoints; shares slide 7 percent

Tue, 09 Feb 2010 01:14:25 -0500

SYDNEY (Reuters) - Macquarie Group , Australia's top investment bank, forecast a disappointing second-half profit and gave an outlook that raised worries about its key equity business, sending its shares sliding 7 percent.

Toyota pledges more responsiveness to U.S. regulators

Tue, 09 Feb 2010 01:01:43 -0500

WASHINGTON (Reuters) - Toyota Motor Corp President Akio Toyoda wrote in an article published on Tuesday that he has promised the top U.S. transportation official the troubled automaker will be more vigilant in the future about responding to safety regulators.

UBS back to profit in Q4, outflows accelerate

Tue, 09 Feb 2010 01:56:24 -0500

ZURICH (Reuters) - Swiss bank UBS posted its first quarterly net profit since Oswald Gruebel took the helm a year ago, but client withdrawals rose well above forecasts, signaling he may need more time to steady the ship.

Oil below $72 in Asia amid economy doubts

By CHUN HAN WONG — Tue, 09 Feb 2010 00:07:44 -0500

SINGAPORE (AP) -- Oil prices lingered below $72 a barrel Tuesday in Asia as investors remained uncertain about the strength of global economic growth and demand for crude....

The Trouble With Progressives

Richard A. Epstein — Tue, 09 Feb 2010 00:01:00 -0500

Bad science leads to monopoly politics.

A Raring Recovery

Brian S. Wesbury and Robert Stein — Tue, 09 Feb 2010 00:01:00 -0500

Our forecast for real GDP growth.

Google Just Added Status Updates To Gmail (Again)

Brian Caulfield — Tue, 09 Feb 2010 00:00:18 -0500

Move by search giant takes aim at Facebook, Twitter.

Microsoft Seals Ad Deal With Interpublic

Laurie Burkitt — Mon, 08 Feb 2010 23:57:00 -0500

Madison Avenue deal adds fuel to Microsoft-Google rivalry.

JAL to stay with American, end Delta talks: source

Mon, 08 Feb 2010 23:23:30 -0500

TOKYO (Reuters) - Japan Airlines Corp will keep its partnership with American Airlines in the Oneworld alliance due to concerns that forging ties with rival suitor Delta Air Lines would make it difficult to achieve a quick turnaround, a source with knowledge of the matter said.

Criminal probe is launched in Conn. plant blast

By JOHN CHRISTOFFERSEN — Mon, 08 Feb 2010 21:22:05 -0500

MIDDLETOWN, Conn. (AP) -- Authorities launched a criminal investigation Monday into the cause of an explosion that killed five people at a power plant under construction, saying they couldn't rule out negligence....

Super Bowl is most watched TV show ever

By DAVID BAUDER — Mon, 08 Feb 2010 21:06:07 -0500

NEW YORK (AP) -- The New Orleans Saints' victory over Indianapolis in the Super Bowl was watched by more than 106 million people, surpassing the 1983 finale of "M-A-S-H" to become the most-watched program in U.S. television history, the Nielsen Co. said Monday....

Cell Therapeutics Panel Cancelled Because Of Snow

Matthew Herper — Mon, 08 Feb 2010 20:26:15 -0500

Biotech firm Cell Therapeutics is getting a snow day -- and a reprieve from what will likely be hars

Investors Take Aim At Electronic Arts

Kym McNicholas — Mon, 08 Feb 2010 20:25:46 -0500

Electronic Arts and Terremark shares fall; U.S. insurers offer cautious outlook.

Female Power At The Core

Wendy Tanaka — Mon, 08 Feb 2010 20:11:09 -0500

Chevron's CIO on the challenges and opportunities facing women in IT.

CIOs Offload Complexity

Victoria Barret — Mon, 08 Feb 2010 20:09:45 -0500

How cloud computing helps smaller companies focus more on business functionality.

Electronic Arts outlook disappoints, shares decline

Mon, 08 Feb 2010 20:06:17 -0500

SAN FRANCISCO (Reuters) - Electronic Arts Inc warned that fiscal 2011 earnings would miss Wall Street expectations as it grapples with a lack of blockbuster new games after a succession of missed targets and restructurings.

20 Inspiring Women To Follow On Twitter

Halle Tecco — Mon, 08 Feb 2010 19:50:00 -0500

Women with a skill for putting their hearts and complex issues into 140 characters.

Fed's Dudley: Financial reform needs global scope

Mon, 08 Feb 2010 19:22:10 -0500

WASHINGTON (Reuters) - A revamp of the financial system needs to be global in nature to prevent a repeat of the worst financial crisis in some 70 years, a top Federal Reserve policy maker said on Monday.

How The Saints Stalled Twitter During Super Bowl XLIV

Oliver Chiang — Mon, 08 Feb 2010 18:44:54 -0500

A real-time breakdown of how the big game affected the social networking service.

Echoes From Davos: Brazil Follows China Into Africa

Paul Maidment — Mon, 08 Feb 2010 18:42:35 -0500

China's hunt for natural resources in Africa has taken the spotlight, but now Brazil's giant Vale mi

Toyota to announce Prius recall

Mon, 08 Feb 2010 18:41:38 -0500

Toyota will announce a global recall of its 2010 Prius hybrid vehicles, a source with knowledge of the plans told CNN.

Debt fears drag Dow below 10,000

Mon, 08 Feb 2010 18:25:14 -0500

The Dow closed below 10,000 Monday for the first time in three months, with financial shares leading the way, as worries about the U.S. economy and European debt weighed on investor sentiment.

The 401(k) match is back!

Mon, 08 Feb 2010 18:26:22 -0500

Employees who took a hit on their savings last year might finally be in for some welcome news: Companies are stepping up efforts to help them save more for retirement.

Does Life Insurance Cover Death During Surgery?

Asher Hawkins — Mon, 08 Feb 2010 18:18:15 -0500

Courts at odds over whether hospital mishaps are accidents.

VAT Trap: The inevitable fix for the deficit

Mon, 08 Feb 2010 18:05:21 -0500

The gigantic deficits the Administration is projecting are appalling, and they provide a chilling look at our future: America is hurtling towards a fiscal trap that is forcing us into the only option we'll have to restore budgetary sanity: A Value-Added Tax.

Big Upside For Small Stocks In Emerging Markets

Tina Russo — Mon, 08 Feb 2010 18:00:00 -0500

Nothing has reversed trends toward globalization and the rise of the consumer in countries not long ago considered backward.

Hard Assets For The Road Ahead

John Dobosz — Mon, 08 Feb 2010 18:00:00 -0500

Don't believe that the dollar's fall is finished. Scoop up some hard assets.

Gurus' Six Best Tech Stocks For 2010

Edited by John Dobosz and Tina Russo — Mon, 08 Feb 2010 18:00:00 -0500

Technology stocks came back with a vengeance in 2009. Investment letter gurus are betting the tech party will continue.

Gurus Favor Greenback Buys

Matthew Schifrin — Mon, 08 Feb 2010 18:00:00 -0500

Are the dollar doldrums over? A number of advisors think so.

In Full Flight

Cuckoo Paul — Mon, 08 Feb 2010 18:00:00 -0500

Tony Fernandes, the feisty owner of AirAsia, has focused his sights on India. Making his no-frills model work here won't be easy.

Gurus Think Small In 2010

Tina Russo — Mon, 08 Feb 2010 18:00:00 -0500

Bigger is not always better when it comes to picking stocks.

Clean Opportunities

Ron Muhlehkamp — Mon, 08 Feb 2010 18:00:00 -0500

For investors, natural gas has suffered from a Rodney Dangerfield syndrome.

Bad News Buyer

Ken Kam, Marketocracy — Mon, 08 Feb 2010 18:00:00 -0500

In 2009 financial stocks recovered with a vengeance. Mike Koza has a knack for finding financial treasure among the trash.

Electronic Arts shares dive on weak outlook

By BARBARA ORTUTAY — Mon, 08 Feb 2010 19:05:32 -0500

NEW YORK (AP) -- A disappointing outlook from Electronic Arts Inc. sent shares of the video game publisher sharply lower Monday, a sign that significant cost-cuts and layoffs have not ended the company's slump....

Judge promises to rule on SEC, BofA settlement

By LARRY NEUMEISTER — Mon, 08 Feb 2010 18:34:33 -0500

NEW YORK (AP) -- A judge promised Monday to decide by the end of next week whether to approve a $150 million settlement between the Securities and Exchange Commission and Bank of America over civil charges alleging the bank misled shareholders when it acquired Merrill Lynch....

Dow closes below 10,000 for first time in 3 months

By TIM PARADIS — Mon, 08 Feb 2010 18:01:28 -0500

NEW YORK (AP) -- The Dow Jones industrial average closed below 10,000 for the first time in three months Monday on nagging concerns about debt loads in Europe....

Transformers drive Hasbro 4Q profit increase

By MAE ANDERSON — Mon, 08 Feb 2010 16:01:35 -0500

NEW YORK (AP) -- Strength in its boys' brands like Transformers and Nerf, along with its core game brands including Scrabble and Monopoly, should boost Hasbro's results in 2010, the company said Monday....

Dodge's new tough-guy color: Furious Fuchsia

Mon, 08 Feb 2010 15:41:59 -0500

Furious Fuchsia, a pair of words not often seen together, is the name of a new special edition Dodge Challenger muscle car.

CIT sets John Thain's salary at $6 million a year

Mon, 08 Feb 2010 18:02:54 -0500

NEW YORK (Reuters) - CIT Group Inc said its new Chief Executive John Thain will get an annual base salary of $6 million, most of which is in stock, and a bonus of up to another $1.5 million, in a nod to compensation practices popularized by the Obama administration's pay czar.

Oil rebounds on weaker dollar

Mon, 08 Feb 2010 15:14:06 -0500

Oil prices rose toward $72 a barrel Monday on a weaker dollar, recovering from last week's losses.

John Thain's turnaround challenge

Mon, 08 Feb 2010 14:14:18 -0500

Not so long ago, John Thain's legacy was that of the Merrill Lynch CEO who redecorated his office for $1.2 million before selling the dying investment firm to Bank of America in a controversial deal that is now under criminal investigation.

Europe could face years-long debt grind

By ELENA BECATOROS and CARLO PIOVANO — Mon, 08 Feb 2010 13:51:27 -0500

ATHENS, Greece (AP) -- Is there any way out of Europe's debt morass?...

Super Bowl ad breaks Google's TV silence

Mon, 08 Feb 2010 16:15:36 -0500

If you watched the Super Bowl Sunday night, you saw at least two unprecedented events: The New Orleans Saints won their first championship, and Google ran an ad for its search engine on television.

Super Bowl ads: Men without pants

Mon, 08 Feb 2010 14:42:39 -0500

The ads for this year's Super Bowl ran the gamut from popular TV shows to celebrity cameos to motherly love -- but the oddest and most omnipresent theme was men without pants.

Money pit: When a cheap foreclosure costs much more

Mon, 08 Feb 2010 13:59:34 -0500

Dusan Tatomirovic found a steal when he bought a foreclosed condo just north of Monterey, Calif., last April for $130,000.

Dollar slips against the euro

Mon, 08 Feb 2010 12:45:09 -0500

The dollar weakened against the euro Monday, but held firm against other major currencies, as concerns about Greece's fiscal health eased slightly.

After the gold rush

Mon, 08 Feb 2010 14:09:03 -0500

It hasn't been a good year for the black and gold.

Treasurys mixed ahead of auctions

Mon, 08 Feb 2010 11:17:20 -0500

Treasurys were mixed Monday as investors prepare for a weekly offering of U.S. debt, worth $81 billion, amid ongoing concerns about struggling European economies.

Don't be a financial burden on your kids

Mon, 08 Feb 2010 09:50:13 -0500

Every generation has its challenges. As boomers, one of our biggest is caring for our long-lived parents, providing both physical and sometimes monetary assistance, even as we're putting our children through college and grad school.

For L3C companies, profit isn't the point

Mon, 08 Feb 2010 13:46:58 -0500

When organic dairy farmer Vaughn Chase received a letter informing him that processor H. P. Hood would no longer be taking his milk, he feared he'd be forced out of business.

Stocks set for early pullback

Mon, 08 Feb 2010 08:04:33 -0500

U.S. stocks were headed for a weak start Monday, as investors remain nervous about the debt situation in Europe.

Former Merrill chief tapped to head CIT

Mon, 08 Feb 2010 05:40:32 -0500

Former Merrill Lynch CEO John Thain has been tapped to lead struggling lender CIT Group.

Markets: Shaky after the slump

Sun, 07 Feb 2010 07:43:08 -0500

Wall Street avoided a bigger walloping late last week, with sellers finally calling it quits after a nearly 10% plunge in less than three weeks. But the week ahead could be pivotal as investors either jump back in - or retreat even further.

Prius brake fix near, Toyota tells dealers

Sat, 06 Feb 2010 16:04:42 -0500

Toyota Motor notified dealers it is prepared to unveil a solution to problems with the brake system of the popular Prius hybrid sedan, as well as a public relations campaign to try to repair its battered image.

Obama's small business plans: Where they stand

Mon, 08 Feb 2010 10:46:13 -0500

President Obama has been talking -- a lot -- about what Washington needs to do to help save small businesses. Over the past week, he's introduced a half-dozen different initiatives aimed at unlocking credit, creating jobs and expanding the Small Business Administration's loan programs.