Tuesday, May 7, 2013

08-May-2013 08:02

Baidu Confirms $370M Purchase Of PPS, Underscoring Online Video's ... - TechCrunch :: http://techcrunch.com/2013/05/07/baidu-confirms-370m-purchase-of-pps-underscoring-online-videos-importance-for-internet-companies-around-the-world/

Consumer Credit in US Increases Less Than Forecast - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/consumer-credit-in-u-s-increases-less-than-forecast.html

JC Penney Sees Q2 Revenue of $2.64 Billion vs . $2.74 Billion Expected ; Sees ... - CNBC.com :: http://www.cnbc.com/id/100717436

Whole Foods 2nd-Quarter Profit Rises; Raises Outlook, Announces Stock Split - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130507-716389.html

Disney Profits Beat Forecasts on Growth at Amusement Parks, Networks - TheStreet.com :: http://www.thestreet.com/story/11916571/1/disney-beats-forecasts-on-growth-at-networks-amusement-parks.html?cm_ven%3DGOOGLEN

Wheeler Sold Kiwi to Weaken World's Best-Performing Currency - Bloomberg :: http://www.bloomberg.com/news/2013-05-08/wheeler-selling-kiwi-to-weaken-world-s-best-performing-currency.html

Standard chartered sees first-quarter profit decline on increased costs - Fox Business :: http://www.foxbusiness.com/news/2013/05/08/standard-chartered-sees-first-quarter-profit-decline-on-increased-costs/

China Export Gains Spur Renewed Skepticism of Figures: Economy - Bloomberg :: http://www.bloomberg.com/news/2013-05-08/china-export-gains-top-forecasts-as-imports-exceed-estimates.html

Asian shares rise on strong China trade data, record Wall Street - Reuters :: http://www.reuters.com/article/2013/05/08/us-markets-global-idUSBRE88901C20130508

UPDATE 1-Surge in investment hits Deutsche Telekom Q1 profit - Reuters :: http://www.reuters.com/article/2013/05/08/deutschetelekom-results-idUSL6N0DP09G20130508

08-May-2013 07:01

Bank of China Cuts Off N.Korea Bank Accused of Weapons Dealing - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/bank-of-china-cuts-off-n-korea-bank-accused-of-weapons-dealing.html

Baidu Gains on Video Buy as Chalco Jumps: China Overnight - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/baidu-gains-on-video-buy-as-chalco-jumps-china-overnight.html

FTC puts background check sites on notice - Wall Street Journal :: http://online.wsj.com/article/AP03abba5fb7204bcc9fca3356fec5080c.html

Whole Foods shares surge as growth continues - CNNMoney :: http://money.cnn.com/2013/05/07/investing/whole-foods/

Yahoo Wants Out of Microsoft Deal - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-227799/

Disney Profits Beat Forecasts on Growth at Amusement Parks, Networks - TheStreet.com :: http://www.thestreet.com/story/11916571/1/disney-beats-forecasts-on-growth-at-networks-amusement-parks.html?cm_ven%3DGOOGLEN

Credit Gains Fail to Trickle Down - Barron's :: http://online.barrons.com/article/SB50001424052748704253204578468853200500918.html?mod%3DBOL_hpp_highlight_mid

Brooklyn Club Owner's Debt Agency Cheated Clients, US Says - New York Times :: http://www.nytimes.com/2013/05/08/nyregion/brooklyn-man-tied-to-disgraced-ex-senator-is-charged-in-fraud-scheme.html

$1 billion spend for JCPenney in Q1 - New York Post :: http://www.nypost.com/p/news/business/hit_for_jcp_S1X7b1YpET16nk6NoM21GI

China trade data beats expectations, skepticism remains - Reuters :: http://www.reuters.com/article/2013/05/08/us-china-economy-trade-idUSBRE94702G20130508

08-May-2013 06:00

Fannie Mae Settles Investor Accounting Suit for $153 Million (1) - Businessweek :: http://www.businessweek.com/news/2013-05-07/fannie-mae-settles-investor-accounting-suit-for-153-million-1

Whole Foods Market Reports Second Quarter Results - MarketWatch :: http://www.marketwatch.com/story/whole-foods-market-reports-second-quarter-results-2013-05-07?reflink%3DMW_news_stmp

Baidu confirms $370M PPS buy - ZDNet :: http://www.zdnet.com/cn/baidu-confirms-370m-pps-buy-7000015034/

Yahoo CEO Mayer Said to Seek Ways to End Microsoft Search Deal - Bloomberg :: http://www.bloomberg.com/news/2013-05-08/yahoo-ceo-mayer-said-to-seek-ways-to-end-microsoft-search-deal.html

Disney Profits Beat Forecasts on Growth at Amusement Parks, Networks - TheStreet.com :: http://www.thestreet.com/story/11916571/1/disney-beats-forecasts-on-growth-at-networks-amusement-parks.html?cm_ven%3DGOOGLEN

Air China approves plan to buy 100 Airbus jets - Newsday - Newsday :: http://www.newsday.com/business/air-china-approves-plan-to-buy-100-airbus-jets-1.5219086

Credit Gains Fail to Trickle Down - Barron's :: http://online.barrons.com/article/SB50001424052748704253204578468853200500918.html?mod%3DBOL_hpp_highlight_mid

China Trade Figures Rise Slightly, but Weaknesses Persist - New York Times :: http://www.nytimes.com/2013/05/08/business/global/china-trade-figures-rise-slightly-but-weaknesses-persist.html

Wheeler Sold Kiwi to Weaken World's Best-Performing Currency - Bloomberg :: http://www.bloomberg.com/news/2013-05-08/wheeler-selling-kiwi-to-weaken-world-s-best-performing-currency.html

JC Penney 1Q revenue down again - Go Lackawanna :: http://golackawanna.com/news/apbusiness/552974781762181671/JC-Penney-1Q-revenue-down-again

08-May-2013 04:59

Taiwan's Exports Decline Unexpectedly In April - RTTNews - RTT News :: http://www.rttnews.com/2111344/taiwan-s-exports-decline-unexpectedly-in-april.aspx?type%3Daeco

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

Consumer Credit in US Increases Less Than Forecast - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/consumer-credit-in-u-s-increases-less-than-forecast.html

UPDATE 1-Fannie Mae, KPMG agree to pay $153 mln to end shareholder lawsuit - Reuters :: http://www.reuters.com/article/2013/05/07/kpmg-settlement-idUSL2N0DO2VI20130507

Whole Foods Market Reports Second Quarter Results - MarketWatch :: http://www.marketwatch.com/story/whole-foods-market-reports-second-quarter-results-2013-05-07?reflink%3DMW_news_stmp

Disney's profit rises on parks, 'Oz' movie - Reuters :: http://www.reuters.com/article/2013/05/07/us-disney-results-idUSBRE9460Z020130507

It's worse than expected: JC Penney's first-quarter sales fell 16 percent - Dallas Morning News :: http://www.dallasnews.com/business/retail/20130507-its-worse-than-expected-j.c.-penneys-first-quarter-sales-fell-16-percent.ece

Fitch: Significant Synergies In Baidu's Acquisition of PPS - Reuters :: http://www.reuters.com/article/2013/05/08/fitch-significant-synergies-in-baidus-ac-idUSFit65708520130508

Midway Airport gets reprieve from overnight tower closures - Chicago Tribune :: http://www.chicagotribune.com/news/local/breaking/chi-midway-airport-gets-reprieve-from-overnight-tower-closures-20130507,0,5355335.story

Yahoo CEO Mayer Said to Seek Ways to End Microsoft Search Deal - Bloomberg :: http://www.bloomberg.com/news/2013-05-08/yahoo-ceo-mayer-said-to-seek-ways-to-end-microsoft-search-deal.html

08-May-2013 03:58

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

Consumer Credit in US Increases Less Than Forecast - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/consumer-credit-in-u-s-increases-less-than-forecast.html

Zillow reports 71% increase in Q1 revenue - USA Today - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/07/zillow-earnings-housing-recovery/2142111/

Symantec forecasts weak results as yen depreciates - Reuters :: http://www.reuters.com/article/2013/05/07/us-symantec-results-idUSBRE9460YP20130507

Fannie Mae, KPMG agree to pay $153 million to end shareholder lawsuit - Fox Business :: http://www.foxbusiness.com/news/2013/05/07/fannie-mae-kpmg-agree-to-pay-153-million-to-end-shareholder-lawsuit/

Electronic Arts expects stronger 2014 slate - Reuters :: http://www.reuters.com/article/2013/05/07/us-electronicarts-results-idUSBRE9460YH20130507

Whole Foods Market Reports Second Quarter Results - MarketWatch :: http://www.marketwatch.com/story/whole-foods-market-reports-second-quarter-results-2013-05-07?reflink%3DMW_news_stmp

Disney's profit rises on parks, 'Oz' movie - Reuters :: http://www.reuters.com/article/2013/05/07/us-disney-results-idUSBRE9460Z020130507

It's worse than expected: JC Penney's first-quarter sales fell 16 percent - Dallas Morning News :: http://www.dallasnews.com/business/retail/20130507-its-worse-than-expected-j.c.-penneys-first-quarter-sales-fell-16-percent.ece

Baidu confirms $370M PPS buy - ZDNet :: http://www.zdnet.com/cn/baidu-confirms-370m-pps-buy-7000015034/

08-May-2013 02:57

Weaker Yen Puts Japanese Profits on a New Track - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887324766604578458781802508960.html

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

Consumer Credit in US Increases Less Than Forecast - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/consumer-credit-in-u-s-increases-less-than-forecast.html

Zillow Raises Revenue Forecast After Subscriptions Boost - CNBC.com - CNBC.com :: http://www.cnbc.com/id/100715839

Symantec forecasts weak results as yen depreciates - Reuters :: http://www.reuters.com/article/2013/05/07/us-symantec-results-idUSBRE9460YP20130507

Penney sales tumble again, amid hopeful signs - Reuters :: http://www.reuters.com/article/2013/05/07/us-jcpenney-results-idUSBRE94615K20130507

NY officials vow crackdown on phony debt-fixing companies like one that ... - Fox News :: http://www.foxnews.com/us/2013/05/07/ny-officials-vow-crackdown-on-phony-debt-fixing-companies-like-one-that-cheated/

Whole Foods Market Reports Second Quarter Results - MarketWatch :: http://www.marketwatch.com/story/whole-foods-market-reports-second-quarter-results-2013-05-07?reflink%3DMW_news_stmp

Italy cargo ship slams into port, kills 3, reports say - Fox News :: http://www.foxnews.com/world/2013/05/07/italy-cargo-ship-slams-into-port-kills-3-reports-say/

Disney's profit rises on parks, 'Oz' movie - Reuters :: http://www.reuters.com/article/2013/05/07/us-disney-results-idUSBRE9460Z020130507

08-May-2013 01:56

China's Baidu Makes Acquisition of Rival Online Video Platform PPS Official - Hollywood Reporter :: http://www.hollywoodreporter.com/news/chinas-baidu-makes-pps-buyout-509089

Electronic Arts Projects Annual Profit Exceeding Views - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/electronic-arts-profit-misses-previously-lowered-views.html

Zillow Raises Revenue Forecast After Subscriptions Boost - CNBC.com - CNBC.com :: http://www.cnbc.com/id/100715839

Consumer credit posts smallest gain in eight months - Chicago Tribune :: http://www.chicagotribune.com/business/sns-rt-us-usa-economy-creditbre9460ux-20130507,0,7636695.story

Symantec forecasts weak results as yen depreciates - Reuters :: http://www.reuters.com/article/2013/05/07/us-symantec-results-idUSBRE9460YP20130507

Penney sales tumble again, amid hopeful signs - Reuters :: http://www.reuters.com/article/2013/05/07/us-jcpenney-results-idUSBRE94615K20130507

UPDATE 3-Whole Foods store sales accelerate, shares rise - Reuters :: http://www.reuters.com/article/2013/05/07/wholefoods-results-idUSL2N0DO2BF20130507

The Deflated Balloon JOLTS Jobs Report Shows 3.1 Unemployed Per Opening ... - Economic Populist :: http://www.economicpopulist.org/content/deflated-balloon-jolts-jobs-report-shows-31-unemployed-opening-march-2013

Disney Parks, Cable Drive Profit - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-227720/

NY officials vow attack on predatory debt-fixing - York Daily Record :: http://www.ydr.com/nation-world/ci_23193143/ny-officials-vow-attack-predatory-debt-fixing

08-May-2013 00:55

China's Baidu expands online video business with $370 million acquisition - Australian Techworld :: http://www.techworld.com.au/article/461129/china_baidu_expands_online_video_business_370_million_acquisition/

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

US brings charges in first criminal case for consumer agency - Reuters :: http://www.reuters.com/article/2013/05/07/us-cfpb-criminal-idUSBRE9460LO20130507

Whole Foods Beats on Earnings, Raises Outlook - CNBC.com - CNBC.com :: http://www.cnbc.com/id/100712440

Japan ETFs are hot as stocks in Tokyo surge - USA Today - USA TODAY :: http://www.usatoday.com/story/money/personalfinance/2013/05/07/japan-etfs-buying-frenzy/2140701/

Consumer credit posts smallest gain in eight months - Chicago Tribune :: http://www.chicagotribune.com/business/sns-rt-us-usa-economy-creditbre9460ux-20130507,0,7636695.story

Box office hits drive Disney earnings - Financial Times :: http://www.ft.com/cms/s/0/4d3ef28a-b760-11e2-a249-00144feabdc0.html

Rosenfeld brushes off talk of merger for Mondelez - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-mondelez-earnings-20130507,0,2166283.story

UPDATE 1-US Treasury chief blames Washington for slow growth - Reuters :: http://www.reuters.com/article/2013/05/07/usa-economy-lew-idUSL2N0DO2JT20130507

UPDATE 2-Penney sales tumble again, amid hopeful signs - Reuters :: http://www.reuters.com/article/2013/05/07/jcpenney-results-idUSL2N0DO2AY20130507

07-May-2013 23:54

Baidu Buys PPS Online Video Business to Contend With Youku Tudou - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/baidu-buys-pps-online-video-business-to-contend-with-youku-tudou.html

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

BofA Loses Bid for Dismissal of AIG Securities Suit - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/bofa-loses-bid-for-dismissal-of-aig-securities-suit.html

JC Penney Sees Q2 Revenue of $2.64 Billion vs . $2.74 Billion Expected ; Sees ... - CNBC.com :: http://www.cnbc.com/id/100717436

Louisiana Supreme Court rules Jindal's voucher program unconstitutional - MSNBC :: http://tv.msnbc.com/2013/05/07/louisiana-supreme-court-rules-jindals-voucher-program-unconstitutional/

Consumers cut back on credit card use in March - USA Today - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/07/consumer-debt-credit-cards/2142479/

Disney's profit and revenue soar on "Oz," parks, ESPN - Los Angeles Times :: http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-disney-profit-revenue-soar-20130507,0,3267157.story

Suns' Beasley investigated on sexual assault charge - USA Today - USA TODAY :: http://www.usatoday.com/story/sports/nba/suns/2013/05/07/phoenix-suns-michael-beasley-investigated-for-sexual-assault/2142649/

Venezuelan Offical, Broker-Dealers Charged in Bribe Case - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/venezuelan-offical-u-s-broker-dealers-charged-in-bribe-scheme.html

UPDATE 2-Electronic Arts sees stronger 2014 earnings after overhaul - Reuters :: http://www.reuters.com/article/2013/05/07/electronicarts-results-idUSL2N0DO2BW20130507

07-May-2013 22:53

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

BofA Loses Bid for Dismissal of AIG Securities Suit - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/bofa-loses-bid-for-dismissal-of-aig-securities-suit.html

Consumer Credit in US Increases Less Than Forecast - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/consumer-credit-in-u-s-increases-less-than-forecast.html

NY Mission debt settlement firm charged with fraud - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/07/debt-fraud-indictment/2141235/

Stocks: Dow closes above 15000 for first time - USA TODAY :: http://www.usatoday.com/story/money/markets/2013/05/07/stocks-tuesday-5-7/2140393/

EA Shares Up After Revenue Beat; Earnings Fall Short - CNBC.com - CNBC.com :: http://www.cnbc.com/id/100716463

JC Penney Warns of Steeper Sales Decline - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323372504578469314150623802.html

UPDATE 1-Mondelez raises earnings outlook on tax benefit - Reuters :: http://www.reuters.com/article/2013/05/07/mondelez-results-idUSL2N0DO29X20130507

Louisiana Supreme Court rules Jindal's voucher program unconstitutional - MSNBC :: http://tv.msnbc.com/2013/05/07/louisiana-supreme-court-rules-jindals-voucher-program-unconstitutional/

Disney Earnings Beat Forecasts; Shares Rise - CNBC.com - CNBC.com :: http://www.cnbc.com/id/100716018

07-May-2013 21:52

EOG Resources Reports Robust First Quarter 2013 Results Led by Prolific Eagle ... - MarketWatch :: http://www.marketwatch.com/story/eog-resources-reports-robust-first-quarter-2013-results-led-by-prolific-eagle-ford-crude-oil-wells-2013-05-06

Louisiana Supreme Court rules voucher funding violates the state Constitution - NOLA.com :: http://www.nola.com/education/index.ssf/2013/05/breaking_louisiana_supreme_cou.html

Microsoft extends Yahoo's US search revenue guarantee - Reuters :: http://www.reuters.com/article/2013/05/07/yahoo-microsoft-idUSL2N0DO1G520130507

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

Bank of China Cuts Off North Korean Bank - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323372504578468403543236068.html

UPDATE 3-Hedge fund chief Paulson loses big on gold - Reuters :: http://www.reuters.com/article/2013/05/07/paulson-hedgefund-gold-idUSL2N0DO12J20130507

Consumer Credit in US Increases Less Than Forecast - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/consumer-credit-in-u-s-increases-less-than-forecast.html

Investors Are Still Too Friendly Toward Facebook - Forbes :: http://www.forbes.com/sites/abrambrown/2013/05/06/barrons-thinks-investors-are-still-too-friendly-toward-facebook-shares/

Warren Buffett to offer career advice online - Watertown Public Opinion :: http://www.thepublicopinion.com/news/associated_press/national/us/article_92bdf46b-d100-559f-b498-3426efc172dc.html

NY Mission debt settlement firm charged with fraud - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/07/debt-fraud-indictment/2141235/

07-May-2013 20:51

Microsoft extends Yahoo's US search revenue guarantee - Reuters :: http://www.reuters.com/article/2013/05/07/yahoo-microsoft-idUSL2N0DO1G520130507

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

Bank of China Cuts Off North Korean Bank - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323372504578468403543236068.html

Global stocks hit new highs; Portugal bond sale a success - Reuters :: http://www.reuters.com/article/2013/05/07/us-markets-global-idUSBRE88901C20130507

HSBC first-quarter profits jump to $8.4bn as bad debts fall - Financial Times :: http://www.ft.com/cms/s/0/8a6168f0-b6ed-11e2-a249-00144feabdc0.html

Report: Ethiopian Air to Seek Compensation from Boeing for 787 Mishap - Fox Business :: http://www.foxbusiness.com/industries/2013/05/07/report-ethiopian-air-to-seek-compensation-from-boeing-for-787-mishap/

US brings charges in first criminal case for consumer agency - Reuters :: http://www.reuters.com/article/2013/05/07/us-cfpb-criminal-idUSBRE9460LO20130507

Lawmakers plan to start drafting farm bill next week - Reuters :: http://www.reuters.com/article/2013/05/07/us-usa-agriculture-farm-bill-idUSBRE9460PN20130507

UPDATE 3-Hedge fund chief Paulson loses big on gold - Reuters :: http://www.reuters.com/article/2013/05/07/paulson-hedgefund-gold-idUSL2N0DO12J20130507

Citigroup Files Suit Against Barclays For Lehman Losses - ValueWalk - ValueWalk :: http://www.valuewalk.com/2013/05/citigroup-files-suit-against-barclays-for-lehman-losses/

07-May-2013 19:50

Citigroup sues Barclays over losses tied to Lehman - Thomson Reuters News & Insight :: http://newsandinsight.thomsonreuters.com/Legal/News/2013/05_-_May/Citigroup_sues_Barclays_over_losses_tied_to_Lehman/

Microsoft extends Yahoo's US search revenue guarantee - Reuters :: http://www.reuters.com/article/2013/05/07/yahoo-microsoft-idUSL2N0DO1G520130507

Key revenue measure falls at Southwest Airlines - Businessweek :: http://www.businessweek.com/ap/2013-05-07/key-revenue-measure-falls-at-southwest-airlines

UPDATE 2-Hedge fund chief Paulson a big loser in gold rout - Reuters :: http://www.reuters.com/article/2013/05/07/paulson-hedgefund-gold-idUSL2N0DO12J20130507

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

Bank of China Cuts Off North Korean Bank - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323372504578468403543236068.html

Lawmakers plan to start drafting farm bill next week - Reuters :: http://www.reuters.com/article/2013/05/07/us-usa-agriculture-farm-bill-idUSBRE9460PN20130507

HSBC first-quarter profits jump to $8.4bn as bad debts fall - Financial Times :: http://www.ft.com/cms/s/0/8a6168f0-b6ed-11e2-a249-00144feabdc0.html

SAP Shifts Major Programs to Web to Win Buyers With Price, Ease - Businessweek :: http://www.businessweek.com/news/2013-05-07/sap-shifts-major-programs-to-web-to-win-buyers-with-price-ease

Hertz greeted with open arms in Southwest Florida - The News-Press :: http://www.news-press.com/article/20130507/NEWS01/130502031/Hertz-move-Victory-Florida-?odyssey%3Dmod%257Cbreaking%257Ctext%257CHome

07-May-2013 18:49

Owner of Brighton Beach Russian-themed restaurant busted in $2.2M swindle - New York Post :: http://www.nypost.com/p/news/local/owner_of_brighton_beach_russian_42RydpZQz3F6biu0fHlpEJ

Lower bad loans give HSBC a big Q1 profit boost - Newsday - Newsday :: http://www.newsday.com/business/lower-bad-loans-give-hsbc-a-big-q1-profit-boost-1.5213063

Hertz HQ moving from New Jersey to Florida - Newsday - Newsday :: http://www.newsday.com/news/region-state/hertz-hq-moving-from-new-jersey-to-florida-1.5213241?qr%3D1

Key revenue measure falls at Southwest Airlines - Seattle Post Intelligencer :: http://www.seattlepi.com/news/texas/article/Key-revenue-measure-falls-at-Southwest-Airlines-4495292.php

Citigroup Sues Barclays Over Crisis-Era Currency Trade Clearing - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130507-710536.html?mod%3Dgooglenews_wsj

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

Ethanol Rises Versus Gasoline on Signs of Higher Export Demand - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/ethanol-rises-versus-gasoline-on-signs-of-higher-export-demand.html

China closes down North Korean bank account - Los Angeles Times :: http://www.latimes.com/news/world/worldnow/la-fg-wn-china-north-korea-bank-account-20130507,0,3920421.story

UPDATE 2-Einhorn adds to Apple stake, awaits "blockbuster product" - Reuters :: http://www.reuters.com/article/2013/05/07/funds-investing-greenlight-idUSL2N0DO1M120130507

UPDATE 3-Diageo names Menezes CEO with eye on emerging markets - Reuters :: http://in.reuters.com/article/2013/05/07/diageo-idINL6N0DO0TL20130507

07-May-2013 17:48

UPDATE 2-HSBC profits nearly double as costs and bad debts fall - Reuters :: http://in.reuters.com/article/2013/05/07/hsbc-results-idINL6N0DO1PY20130507

Emerson Electric cuts full-year outlook as orders slip - Reuters :: http://in.reuters.com/article/2013/05/07/us-emerson-results-idINBRE9460EI20130507

Greenlight Re's Einhorn says he added to Apple position - Reuters :: http://www.reuters.com/article/2013/05/07/us-funds-investing-greenlight-idUSBRE9460IY20130507

Fort Worth-Arlington home prices rise nearly 11 percent in March - Fort Worth Star Telegram (blog) :: http://blogs.star-telegram.com/dfwjobs/2013/05/fort-worth-arlington-home-prices-rise-nearly-11-percent-in-march.html

Bank of China cuts off N.Korea trade bank - USA Today - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/07/bank-of-china-north-korea-trade-bank/2140893/

Southwest Airlines says unit revenues dropped 4-5 percent in April - Dallas Morning News :: http://www.dallasnews.com/business/20130507-southwest-airlines-says-unit-revenues-dropped-4-5-percent-in-april.ece

Editorial: Hertz gives us an upgrade - The News-Press :: http://www.news-press.com/article/20130507/OPINION/305070029/Editorial-Hertz-gives-us-an-upgrade

Portugal Selling 10-Year Bonds for First Time Since Bailout - San Francisco Chronicle :: http://www.sfgate.com/business/bloomberg/article/Portugal-Selling-10-Year-Bonds-for-First-Time-4495147.php

US job postings fell in March; hiring slowed - Houston Chronicle :: http://www.chron.com/business/article/US-job-postings-fell-in-March-hiring-slowed-4494978.php?World_Business_News%3D

Diageo names Menezes CEO with eye on emerging markets - Reuters :: http://www.reuters.com/article/2013/05/07/us-diageo-idUSBRE9460N120130507

07-May-2013 16:47

Barron's Thinks Investors Are Still Too Friendly Toward Facebook Shares - Forbes :: http://www.forbes.com/sites/abrambrown/2013/05/06/barrons-thinks-investors-are-still-too-friendly-toward-facebook-shares/

Portugal sells bonds, first since bailout - USA Today - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/07/portugal-bonds/2140587/

UPDATE 2-HSBC profits nearly double as costs and bad debts fall - Reuters :: http://in.reuters.com/article/2013/05/07/hsbc-results-idINL6N0DO1PY20130507

UPDATE 2-Bank of China closes account of key North Korean bank - Reuters :: http://in.reuters.com/article/2013/05/07/korea-north-china-bank-idINL3N0DO1GL20130507

Diageo CEO to Step Down - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323372504578468182285905320.html

Guess How Rich Gore is Now? - Fox News :: http://nation.foxnews.com/al-gore/2013/05/06/guess-how-rich-gore-now

Job Openings in the US Drop From Almost Five-Year High - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/job-openings-in-the-u-s-decrease-from-almost-five-year-high.html

Global shares near 5-year high as data, central banks support - Reuters :: http://www.reuters.com/article/2013/05/07/us-markets-global-idUSBRE88901C20130507

07-May-2013 15:46

Barron's Thinks Investors Are Still Too Friendly Toward Facebook Shares - Forbes :: http://www.forbes.com/sites/abrambrown/2013/05/06/barrons-thinks-investors-are-still-too-friendly-toward-facebook-shares/

Commerzbank Posts Second Quarterly Loss on Staff Reductions - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/commerzbank-posts-second-straight-quarterly-loss-on-staff-cuts.html

GM Wins Approval to Build $1.3 Billion Cadillac Plant in China - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/gm-wins-approval-to-build-1-3-billion-cadillac-plant-in-china.html

UPDATE 2-HSBC profits nearly double as costs and bad debts fall - Reuters :: http://www.reuters.com/article/2013/05/07/hsbc-results-idUSL6N0DO1PY20130507

Portugal sells bonds, first since bailout - USA Today - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/07/portugal-bonds/2140587/

CoreLogic Home Price Index Continues Climbing - 24/7 Wall St. :: http://247wallst.com/2013/05/07/corelogic-home-price-index-continues-climbing/

Booze Giant Diageo To Get A New CEO After Veteran Chief Retires - Forbes :: http://www.forbes.com/sites/abrambrown/2013/05/07/booze-giant-diageo-to-get-a-new-ceo-after-veteran-chief-retires/

Hertz moving HQ from New Jersey to Florida - USA Today - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/07/hertz-headquarters-relocate-lee-county/2140561/

Fossil Shares Tick Higher After Increased Forecast And Strong Quarterly Profit - Forbes :: http://www.forbes.com/sites/abrambrown/2013/05/07/fossil-shares-tick-higher-after-increased-forecast-and-strong-quarterly-profit/

Bank of China shuts account with North Korea's Foreign Trade Bank - Financial Times :: http://www.ft.com/cms/s/0/a7154272-b702-11e2-a249-00144feabdc0.html

07-May-2013 14:45

Barron's: Facebook is worth more like $25 per share - Silicon Valley Business Journal :: http://www.bizjournals.com/sanjose/news/2013/05/06/barrons-facebook-is-worth-more-like.html

Diageo CEO Walsh Hands Over to Menezes After 13 Years at Top - Businessweek :: http://www.businessweek.com/news/2013-05-07/diageo-ceo-walsh-to-step-down-hand-reins-to-menezes-as-of-july

Failed austerity will lead to a smaller euro zone - MarketWatch :: http://www.marketwatch.com/story/failed-austerity-will-lead-to-a-smaller-euro-zone-2013-05-07

OfficeMax net surges on Boise Cascade; core halves - MarketWatch :: http://www.marketwatch.com/story/officemax-net-surges-on-boise-cascade-core-halves-2013-05-07

Bangladesh April exports up 10 pct on garment sales - Reuters :: http://www.reuters.com/article/2013/05/07/bangladesh-economy-exports-idUSL3N0DO2HU20130507

Commerzbank Slips To Loss In Q1 On Restructuring Charges - RTTNews - RTT News :: http://www.rttnews.com/2111300/commerzbank-slips-to-loss-in-q1-on-restructuring-charges.aspx?type%3Dts%26utm_source%3Dgoogle%26utm_campaign%3Dsitemap

Marketplace Fairness Act Passes The U.S. Senate [VIDEO] - K2 Radio - K2 Radio :: http://k2radio.com/marketplace-fairness-act-passes-the-u-s-senate-video/

UPDATE 2-HSBC profits nearly double as costs and bad debts fall - Reuters :: http://www.reuters.com/article/2013/05/07/hsbc-results-idUSL6N0DO1PY20130507

Bank of China shuts account with North Korea's Foreign Trade Bank - Financial Times :: http://www.ft.com/cms/s/0/a7154272-b702-11e2-a249-00144feabdc0.html

Wal-Mart regains top spot on Fortune 500 list - CBC.ca :: http://www.cbc.ca/news/business/story/2013/05/07/business-walmart-fortune-500.html

07-May-2013 13:44

Jeweler agrees to plead guilty in KPMG insider-trading case - Los Angeles Times :: http://www.latimes.com/business/la-fi-kpmg-shaw-20130507,0,7651442.story

Barron's: Facebook is worth more like $25 per share - Silicon Valley Business Journal :: http://www.bizjournals.com/sanjose/news/2013/05/06/barrons-facebook-is-worth-more-like.html

Analysis: Germany's Mfg Orders Rise For Second Month; 1Q +0.4% - MNI News :: http://mninews.deutsche-boerse.com/content/analysis-germanys-mfg-orders-rise-second-month-1q-04

Diageo CEO Walsh Hands Over to Menezes After 13 Years at Top - Businessweek :: http://www.businessweek.com/news/2013-05-07/diageo-ceo-walsh-to-step-down-hand-reins-to-menezes-as-of-july

John Doerr Takes On His Critics And Talks Up Kleiner's Prospects - Forbes :: http://www.forbes.com/sites/connieguglielmo/2013/05/07/john-doerr-takes-on-his-critics-and-talks-up-kleiners-prospects/

Portugal sells bonds for first time since bailout - Arizona Daily Sun - Arizona Daily Sun :: http://azdailysun.com/business/portugal-sells-bonds-for-first-time-since-bailout/article_8d1adff2-0458-56ca-be9f-a6dd426cfc99.html

HSBC Profit Almost Doubles as Impairments Decline With Costs - Businessweek :: http://www.businessweek.com/news/2013-05-07/hsbc-says-quarterly-profit-almost-doubles-on-cost-cutting-plan

Bangladesh April exports up 10 pct on garment sales - Reuters :: http://www.reuters.com/article/2013/05/07/bangladesh-economy-exports-idUSL3N0DO2HU20130507

Bank of China cuts off North Korea trade bank - Newsday - Newsday :: http://www.newsday.com/news/world/bank-of-china-cuts-off-north-korea-trade-bank-1.5212746

Our Take on the Day's Big FX News - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323372504578468582234249600.html?mod%3Dgooglenews_wsj

07-May-2013 12:43

Jeweler agrees to plead guilty in KPMG insider-trading case - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-jeweler-agrees-to-plead-guilty-in-kpmg-insider-trading-case-20130506,0,210058.story

Munich Re First-Quarter Profit Jumps Led by Reinsurance Revenue - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/munich-re-first-quarter-profit-jumps-led-by-reinsurance-revenue.html

Restructuring Costs Push Commerzbank to Loss - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-227197/

Barron's: Facebook is worth more like $25 per share - Silicon Valley Business Journal :: http://www.bizjournals.com/sanjose/news/2013/05/06/barrons-facebook-is-worth-more-like.html

Hundreds of survivors protest as Bangladesh factory collapse death toll passes ... - Fox News :: http://www.foxnews.com/world/2013/05/07/hundreds-survivors-protest-as-bangladesh-factory-collapse-death-toll-passes-700/

Con-Way only Ann Arbor company on 2013 Fortune 500 list - AnnArbor.com :: http://www.annarbor.com/business-review/con-way-holds-the-torch-for-ann-arbor-on-2013-fortune-500-list/

BofA Settles 'Big Kahuna' Mortgage Lawsuit as Another Case Looms - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/bofa-settles-big-kahuna-mortgage-lawsuit-as-another-case-looms.html

Wait almost over for Diageo's chief executive in waiting - Financial Times :: http://www.ft.com/cms/s/0/e79f5866-b6fb-11e2-a249-00144feabdc0.html

China's Baidu expands online video business with $370M acquisition of PPS tech - Computerworld :: http://www.computerworld.com/s/article/9238961/China_s_Baidu_expands_online_video_business_with_370M_acquisition_of_PPS_tech?taxonomyId%3D86

HSBC Profit Rises as It Cuts Costs - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323826804578468350929125238.html

07-May-2013 11:42

Texas energy companies top Fortune 500 list - Houston Chronicle :: http://www.chron.com/business/gallery/Texas-energy-companies-top-Fortune-500-list-61764.php

Munich Re First-Quarter Profit Jumps Led by Reinsurance Revenue - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/munich-re-first-quarter-profit-jumps-led-by-reinsurance-revenue.html

Senate Passes Online Sales Tax 69-27 But You Can Avoid It For Now - Forbes :: http://www.forbes.com/sites/robertwood/2013/05/07/senate-passes-online-sales-tax-69-27-but-you-can-avoid-it-for-now/

Restructuring Costs Push Commerzbank to Loss - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-227197/

Baidu Confirms $370M Purchase Of PPS, Underscoring Online Video's ... - TechCrunch :: http://techcrunch.com/2013/05/07/baidu-confirms-370m-purchase-of-pps-underscoring-online-videos-importance-for-internet-companies-around-the-world/

Record $2.25B fine proposed for PG&E over pipeline blast - CBS News :: http://www.cbsnews.com/8301-201_162-57583164/record-$2.25b-fine-proposed-for-pg-e-over-pipeline-blast/

Bangladesh building collapse death toll passes 700 - USA Today - USA TODAY :: http://www.usatoday.com/story/news/world/2013/05/07/bangladesh-building-collapse-death-toll/2140451/

Barron's: Facebook is worth more like $25 per share - Silicon Valley Business Journal :: http://www.bizjournals.com/sanjose/news/2013/05/06/barrons-facebook-is-worth-more-like.html

HSBC first-quarter profits jump to $8.4bn as bad debts fall - Financial Times :: http://www.ft.com/cms/s/0/8a6168f0-b6ed-11e2-a249-00144feabdc0.html

Stocks to Watch: Bank of America, Disney, EA - TheStreet.com :: http://www.thestreet.com/story/11914195/1/stocks-to-watch-bank-of-america-disney-ea.html?cm_ven%3DGOOGLEN

07-May-2013 10:41

Yuan Falls as Beijing Cools Market - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-226672/

SF city attorney, Monster in legal fight over energy drinks - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-city-attorney-monster-caffeine-20130506,0,2714557.story

Munich Re First-Quarter Profit Jumps Led by Reinsurance Revenue - Bloomberg :: http://www.bloomberg.com/news/2013-05-07/munich-re-first-quarter-profit-jumps-led-by-reinsurance-revenue.html

Wal-Mart Reclaims No. 1 Spot On Fortune 500 List - WNCW :: http://wncw.org/post/wal-mart-reclaims-no-1-spot-fortune-500-list

Snapshot: Banks rally on a day that's mostly flat - Boston Globe :: http://www.bostonglobe.com/business/2013/05/06/stocks-are-little-changed-after-record-week/k8noarZx7qS4XEyehEtWSK/story.html

Baidu Buys Online Video Service - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-227154/

Diageo Names New Chief Executive - New York Times :: http://www.nytimes.com/2013/05/08/business/global/08iht-diageo08.html

Record $2.25B fine proposed for PG&E over pipeline blast - CBS News :: http://www.cbsnews.com/8301-201_162-57583164/record-$2.25b-fine-proposed-for-pg-e-over-pipeline-blast/

Bangladesh building collapse death toll passes 700 - USA Today - USA TODAY :: http://www.usatoday.com/story/news/world/2013/05/07/bangladesh-building-collapse-death-toll/2140451/

Commerzbank Posts Second Quarterly Loss on Staff Reductions (2) - Businessweek :: http://www.businessweek.com/news/2013-05-07/commerzbank-posts-second-straight-quarterly-loss-on-staff-cuts

07-May-2013 09:40

Commerzbank Posts Second Quarterly Loss on Staff Reductions (1) - Businessweek :: http://www.businessweek.com/news/2013-05-07/commerzbank-posts-second-straight-quarterly-loss-on-staff-cuts

Diageo turns to insider Menezes to replace CEO Walsh - Reuters :: http://www.reuters.com/article/2013/05/07/us-diageo-idUSBRE94607320130507

Officials say the death toll from garment building factory collapse in Bangladesh ... - Houston Chronicle :: http://www.chron.com/news/world/article/Officials-say-the-death-toll-from-garment-4493663.php

Low damage claims aid German reinsurer earnings - Reuters :: http://www.reuters.com/article/2013/05/07/us-germany-insurance-idUSBRE9450ZQ20130507

Wal-Mart Reclaims No. 1 Spot On Fortune 500 List - WNCW :: http://wncw.org/post/wal-mart-reclaims-no-1-spot-fortune-500-list

Yuan Falls as Beijing Cools Market - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323372504578466671171867396.html

Muphy hails Senate passageof Marketplace Fairness Act - ShorelinePlus.com :: http://www.shorelineplus.com/shplus/information/news/Business_21/Muphy-hails-Senate-passageof-Marketplace-Fairness-Act200472004720047.shtml

Snapshot: Banks rally on a day that's mostly flat - Boston Globe :: http://www.bostonglobe.com/business/2013/05/06/stocks-are-little-changed-after-record-week/k8noarZx7qS4XEyehEtWSK/story.html

Topix Recoups Losses From Lehman Crash on Weaker Yen, US Jobs - Businessweek :: http://www.businessweek.com/news/2013-05-06/japan-s-topix-index-advances-to-recover-losses-from-lehman-crash

Baidu Buys Online Video Service - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-227154/