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Producer Prices Rose Less Than Expected in OctoberWall Street Journal - - 44 minutes ago WASHINGTON -- US wholesale prices rose by less than expected in October on higher food and energy prices, in a sign that core price pressures in the economy remain subdued. Wholesale inflation up less than expected in Oct. The Associated Press Home Depot, Exxon Mobil, Target in focusMarketWatch - - 18 minutes ago US stock futures slipped Tuesday after markets registered advances in nine of the last 11 sessions, with the housing market returning to the spotlight as Home Depot reported signs of stabilization. Home Depot 3Q Earnings Off 8.9%;Co Boosts Year Pft View Wall Street Journal Target Corp. Third-Quarter Profit Rises 18%, Beating EstimatesBloomberg - - 29 minutes ago Nov. 17 (Bloomberg) -- Target Corp., the second-largest US discount chain, reported third-quarter earnings rose 18 percent, more than analysts projected, as profitability improved at the retail and credit-card units. Target Earnings Rise 18%; Saks Reports Profit Wall Street Journal Target posts better-than-expected profit MarketWatch UPDATE 1-Saks posts Q3 profit, shares upReuters - - 21 minutes ago NEW YORK, Nov 17 (Reuters) - Upscale department store operator Saks Inc (SKS.N) reported a quarterly profit on Tuesday, beating Wall Street expectations for a loss, and its shares rose 5.5 percent. Saks posts surprise 3Q profit on lower costs The Associated Press Saks Posts Profit, Topping Expectations FOXBusiness PRECIOUS METALS: Gold Backs Off From Record As Dollar RisesWall Street Journal - - 19 minutes ago NEW YORK (Dow Jones)--A bounce in the US dollar has gold on the defensive Tuesday, and it is likely participants are booking profits from the metal's recent string of record high prices. Stocks set to slip at open CNNMoney.com Stock futures point to lower opening The Associated Press Applied Materials to Buy SemitoolWall Street Journal - - 17 minutes ago Applied Materials Inc. plans to acquire Semitool Inc. for $364 million in cash by the end of the year, bolstering the chipmaker's advanced-packaging and copper-conversion efforts. Jacob Named Lazard CEOWall Street Journal - - 43 minutes ago Lazard Ltd. named Kenneth M. Jacob as chairman and chief executive, promoting the leader of its North American banking effort after the death of Bruce Wasserstein, the company's famed dealmaker. Lazard names new chief MarketWatch Gruebel vows to return UBS to profit, in timeReuters - - 1 hour ago ZURICH (Reuters) - UBS boss Oswald Gruebel set an ambitious target for annual pretax profit of $15 billion, vowing to rebuild the loss-making bank and win back clients after the subprime crisis and a bitter US tax row. UBS Private Banking Head Confident Of Restoring Gross Margin Wall Street Journal UBS sets $14.9 billion profit target MarketWatch Russia palladium sales to shrink on lower output-JMReuters - - 21 minutes ago MOSCOW, Nov 17 (Reuters) - Russia, the world's leading producer of platinum group metal palladium, will cut sales to foreign markets due to lower output by its sole producer, Norilsk Nickel, Johnson Matthey (JMAT. Platinum supply surplus on tap for 2009: report MarketWatch GE Enlightens China Regions Working to Curb PollutionBloomberg - 3 hours ago By Bloomberg News Nov. 17 (Bloomberg) -- The Ordos region of Inner Mongolia, home to one of China's biggest deserts, is being transformed into the site of a pine forest that will stretch across its low hills as far as the eye can see. First Solar: Expects Feed-In-Tariff Soon For 2GW China Plant Wall Street Journal UPDATE 1-Dillard's swings to profit in Q3Reuters - - 21 minutes ago NEW YORK, Nov 17 (Reuters) - Dillard's Inc (DDS.N) reported on Tuesday a quarterly profit from a year-ago loss, helped by a tax benefit and a move to slash inventory to counter weak consumer spending. Dillard's Swings To 3Q Profit On One-Time Gain, Beats Street Wall Street Journal UPDATE 1-Canadian Solar Q3 beats, sees doubling shipments in '10Reuters - - 22 minutes ago Nov 17 (Reuters) - Canadian Solar Inc's (CSIQ.O) third-quarter profit rose sharply on strong demand, comfortably beating estimates, and the company said it expects to more than double shipments in 2010. Canadian Solar 3Q more than doubles, shares jump The Associated Press Canadian Solar Inc. Beats Analyst Expectations; CSIQ, SLAB, XLNX Learning Markets Six-Month Dollar Libor Falls Below Yen as Fed Signals Low RatesBloomberg - - 1 hour ago Nov. 17 (Bloomberg) -- The cost of borrowing in dollars for six months between banks fell below the yen rate for the first time in more than 16 years as Federal Reserve officials signaled they may keep interest rates low for even ... WORLD FOREX: Dollar Up As Economic Optimsim Falters Wall Street Journal Berkshire Raises Wal-Mart Stake, Adds Exxon, NestleBloomberg - - 50 minutes ago Berkshire held about 1.28 million Exxon shares and 3.4 million American depositary receipts of Nestle at the end of the third quarter, the Omaha, Nebraska-based company said in a regulatory filing yesterday. Buffett Increases Wal-Mart Holdings Wall Street Journal Analyze Earnings Yield Like Warren Buffett Seeking Alpha (blog) Nu Skin Raises 4Q View On Product Launch, Japan ReboundWall Street Journal - 40 minutes ago Nu Skin Enterprises Inc. (NUS) raised its estimates for the rest of the year as the maker of antiaging products touted a successful preliminary launch of a skin-care line, an improving Japanese market and favorable currency changes. Covidien 4Q profit down 86 pct. as expenses riseBusinessWeek - 5 minutes ago Drug and medical device maker Covidien PLC said Tuesday its profit dropped 86 percent in its fiscal fourth quarter due to increased sales and marketing costs, as well as one-time charges. Covidien 4Q Profit Down 86% On Charges;Results Beat Estimates Wall Street Journal Fed 'Severely Limited' Savings on AIG, Watchdog SaysBloomberg - - 22 minutes ago Nov. 17 (Bloomberg) -- The Federal Reserve Bank of New York gave up efforts to save taxpayer money on American International Group Inc.'s rescue after the insurer's biggest trading partners refused to make concessions, said a Treasury ... NY Fed 'paid AIG banks too much' BBC News With AIG, Hindsight Is 20/20 Forbes MIDEAST STOCKS-Kuwait hits 33-week low on Agility indictmentReuters - - 1 hour ago DUBAI, Nov 17 (Reuters) - Shares in Kuwaiti logistics firm Agility (AGLT.KW) tumbled on Tuesday after a US grand jury indictment, dragging Kuwait's bourse . Agility:New Deals On Hold Post US Charge;Shrs Resume Wall Street Journal US HOT STOCKS: Pacific Sunwear, Longtop Active In Late TradingWall Street Journal - 16 hours ago US stocks closed higher Monday as the Dow Jones Industrial Average gained 1.33% to 10407, the S&P 500 rose 1.45% to 1109 and the Nasdaq Composite grew 1.38% to 2198. Pacific Sunwear's loss widens in 3Q Bizjournals.com New tool in Fed shed to do heavy lifting in exitReuters - - 35 minutes ago WASHINGTON (Reuters) - The US Federal Reserve may rely principally on the largely untested monetary policy tool of paying interest on bank reserves when the time eventually comes to raise borrowing costs. Overdraft Overhaul Forbes Fed proposes changes to mortgage disclosure law The Associated Press |
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