Business and Finance News
 Fragile nations worry Moodys
Jordan News.Net
A report from Moody's Investors Service has warned that the global economic recovery remains fragile, even in some of the largest economies.
 Lehman executives might see courtroom
Jordan News.Net
A court-appointed examiner in the US has released a document on the collapse of the Lehman Brothers investment bank, suggesting some former executives could face criminal charges.
Ensign Posts Lower Earnings For 2009
Rigzone
Ensign Energy recorded net income of $125.4 million ($0.82 per common share) for the year ended December 31, 2009, a 52 percent decrease from $260.0 million ($1.70 per common share) recorded in 2008. ...
Central Vermont Reports 2009 Fourth Quarter Earnings
Market Wire
-- 2009 earnings of $20.4 million, or $1.74 per diluted share, 22 cents higher than 2008 -- $0.1 million decrease in operating revenue -- $7.5 million decrease in purchased power expense -- $6.8 m...
Ba Strike Union Hits Back At Gordon Brown
Guardian
prime minister's attack on the three-day cabin crew walkout due to start on Saturday, the joint general secretary of Unite, Tony Woodley, said: "It's amazing, isn't it, how many people at interesting ...
Technology Specialist Csr Dips After Downgrade
Guardian
We downgrade CSR to neutral on valuation grounds following the recent strong share price performance. We have increased our price target to 540p to incorporate the recent currency moves, but we believ...
Production Gain Points To Investment Pickup
Business Week
March 15 (Bloomberg) -- Industrial production unexpectedly rose in February, due in part to gains in demand for computers and semiconductors that signal the pickup in U.S. business investment is being...
Mannkind’s Insulin Afrezza Fails To Win Approval
Business Week
March 15 (Bloomberg) -- MannKind Corp., the biotechnology company run by billionaire inventor Alfred Mann, failed to win approval from U.S. regulators to market its inhaled insulin drug, Afrezza, for ...
Minerva Jumps Most In 7 Months On Buyout Speculation
Business Week
March 15 (Bloomberg) -- Minerva SA, a Brazilian meat producer, rose the most in seven months after a report that bigger competitor Marfrig Alimentos SA may pay as much as 1 billion reais ($566 million...
Microsoft Excel Glitch Turns English Into Chinese
Techworld
Microsoft has confirmed that a security update for its Excel spreadsheet had turned English text in an important Windows tool into Chinese. The admission was the second in the past two days from Micr...
Fed May Win New Powers In Financial Reform Bill
MSNBC
WASHINGTON - The Federal Reserve would gain new powers over non-bank financial firms and keep much of its authority over banks under a new bill to be unveiled on Monday by the Senate's architect of fi...
Go Scentless, Workers Warned After Lawsuit
MSNBC
Officials plan to place warning placards in three city buildings. The signs will warn workers to avoid "wearing scented products, including ... colognes, aftershave lotions, perfumes, deodorants, body...
Microsoft Workers Hiding Iphones
C News
A lot of people at Microsoft are secretly using iPhones, reports the Wall Street Journal. Two inside sources told the WSJ that about 10,000 iPhone users were accessing the Microsoft employee e-mail s...
Airbus Plans Sales Of A400m To Us
BBC
Europe's leading aircraft manufacturer Airbus says it plans to sell around 210 of its A400M military planes to the US.The company said it hopes to sell 500 of the transporters to countries without exi...
Ex-banker And Wife On Insider Dealing Charges
Sky News
Financial Services Authority (FSA) is also seeking the extradition of a third suspect arrested abroad. It is first time the watchdog has sought the extradition of a suspect to face criminal charges i...
Us Stocks Fall On Concern About Us Credit Rating
Business Report
Submit your comment US stocks fell Monday on concerns about China's economy and a warning from Moody's Investors Service that the US could eventually lose its top-notch credit rating. Credit rating...
Continental To Start Charging For Food
Fox Business
SAN FRANCISCO -- Continental Airlines said Monday it will charge for meals on many of its U.S., Canada and Latin American routes starting in fall. However, the airline will continue to offer complime...
Crude Oil Slumps Under $80 As Dollar Rises
Fox Business
NEW YORK -- Crude oil futures slumped under $80 a barrel, with concerns about the debt ratings of major industrial countries fueling strong gains in the dollar and pressuring commodities. Crude oil f...
German Officials Counter Lagarde's Export Critique
Fox Business
BERLIN -(Dow Jones)- The German government Monday rejected the idea that the country's reliance on exports creates imbalances in the euro zone, following criticism by French Finance Minister Christin...
Earnings Preview: G4s '09 Ebita Seen +19%
Fox Business
G4S (GFS.LN): 2009 Earnings Due: March 16 at 0700 GMT Company Survey of 19 Analysts Average Ebita: GBP496.0M, up 19% (GBP416.4M in 2008) Average Revenue: GBP7.03B, up 18% (GBP5.94B in 2008) Note: Ear...
Lawmakers Press For Action On China Currency
Reuters
(Reuters) - A bipartisan group of 130 U.S. lawmakers on Monday urged top Obama administration officials to take immediate action to address China's "currency manipulation."
Snowstorms Hold Back Industrial Output In February
Reuters
(Reuters) - U.S. industrial production braked sharply in February, held back by severe winter storms that slammed parts of the country, while manufacturing activity in New York state stalled this mont...
Boston Scientific Suspends All Icd Sales
Reuters
(Reuters) - Boston Scientific Corp on Monday said it was suspending all sales of its implantable heart defibrillators after it failed to notify regulators of changes in how it manufactures the devices...
Tsx Lower On Fears Over China Tightening, Loonie
Financial Post
The TSX opened lower Monday on fears that China would soon tighten its monetary policy and as the Canadian dollar flirted with parity against the greenback. The Toronto Stock Exchange's S&P/TSX c...
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