Thursday, May 16, 2013

17-May-2013 08:35

Wal-Mart Sales Go Cold, and Its Shares Feel the Chill - New York Times :: http://www.nytimes.com/2013/05/17/business/wal-mart-posts-mixed-results.html

Trade group predicts crowded airports and planes this summer - Los Angeles Times :: http://www.latimes.com/business/la-fi-summer-air-travel-20130517,0,7235471.story

Tesla's 2.7M-Share Offering Prices at Tiny Discount Amid Strong Demand -Source - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-716336.html?mod%3Dgooglenews_wsj

Still way scary - New York Post :: http://www.nypost.com/p/news/business/still_way_scary_q7NetPKQMABprsDGi0oa3L

UPDATE 1-Caterpillar settles soured China deal with cut in purchase price - Reuters :: http://www.reuters.com/article/2013/05/17/caterpillar-siwei-idUSL3N0DY0HR20130517

Yahoo wants to buy Tumblr. Will Facebook swoop in at the last minute? - GigaOM :: http://gigaom.com/2013/05/16/yahoo-wants-to-buy-tumblr-will-facebook-swoop-in-at-the-last-minute/

Bill Gates regains title of world's richest man - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/17/bill-gates-retakes-worlds-richest-title-man-from-carlos-slim/2193099/

Dell's first quarter earnings fall 79% as PC sales sag - RTE.ie :: http://www.rte.ie/news/business/2013/0517/450802-dell-quarterly-results/

US jobless claims jump 32000 to 360000 - MarketWatch :: http://www.marketwatch.com/story/us-jobless-claims-jump-32000-to-360000-2013-05-16-8913050

Wall Street slips after Fed comments, but Cisco surges - Reuters :: http://www.reuters.com/article/2013/05/16/us-markets-stocks-idUSBRE93006T20130516

17-May-2013 07:34

Trade group predicts crowded airports and planes this summer - Los Angeles Times :: http://www.latimes.com/business/la-fi-summer-air-travel-20130517,0,7235471.story

Tesla's 2.7M-Share Offering Prices at Tiny Discount Amid Strong Demand -Source - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-716336.html?mod%3Dgooglenews_wsj

Interior Department offers new rules for 'fracking' - Los Angeles Times :: http://www.latimes.com/news/nationworld/nation/la-na-fracking-standards-20130517,0,6391538.story

Still way scary - New York Post :: http://www.nypost.com/p/news/business/still_way_scary_q7NetPKQMABprsDGi0oa3L

Walmart: Clean up mess in aisle Q2 - New York Post :: http://www.nypost.com/p/news/business/walmart_clean_up_mess_in_aisle_cSSnemoBrRt8sEfGOV2HTO

Dell fight grows as profit shrinks - New York Post :: http://www.nypost.com/p/news/business/dell_fight_grows_as_profit_shrinks_sSAsGBDyvyP5i0SmyBIxiM

UPDATE 1-Caterpillar settles soured China deal with cut in purchase price - Reuters :: http://www.reuters.com/article/2013/05/17/caterpillar-siwei-idUSL3N0DY0HR20130517

US jobless claims jump 32000 to 360000 - MarketWatch :: http://www.marketwatch.com/story/us-jobless-claims-jump-32000-to-360000-2013-05-16-8913050

Gen Xers May Face Downward Mobility In Retirement - Financial Advisor Magazine :: http://www.fa-mag.com/news/gen-xers-may-face-downward-mobility-in-retirement-14310.html

Wall Street slips after Fed comments, but Cisco surges - Reuters :: http://www.reuters.com/article/2013/05/16/us-markets-stocks-idUSBRE93006T20130516

17-May-2013 06:33

Tepid Profits, Roaring Stocks - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323398204578487460105747412.html

Wal-Mart Sales Go Cold, and Its Shares Feel the Chill - New York Times :: http://www.nytimes.com/2013/05/17/business/wal-mart-posts-mixed-results.html

Tesla's 2.7M-Share Offering Prices at Tiny Discount Amid Strong Demand -Source - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-716336.html?mod%3Dgooglenews_wsj

American Airlines will allow passengers traveling light to board earlier - Dallas Morning News :: http://www.dallasnews.com/business/airline-industry/20130516-american-airlines-will-allow-passengers-traveling-light-to-board-earlier1.ece

JC Penney widens loss, but returning CEO says it's fixable - Dallas Morning News :: http://www.dallasnews.com/business/retail/20130516-j.c.-penney-widens-loss-but-returning-ceo-says-its-fixable.ece

Dell Profit Missing Estimates Boosts CEO's Buyout Plan - Businessweek :: http://www.businessweek.com/news/2013-05-16/dell-earnings-miss-estimates-on-pc-slump-amid-buyout-fight

Interior Department offers new rules for 'fracking' - Los Angeles Times :: http://www.latimes.com/news/nationworld/nation/la-na-fracking-standards-20130517,0,6391538.story

US jobless claims jump 32000 to 360000 - MarketWatch :: http://www.marketwatch.com/story/us-jobless-claims-jump-32000-to-360000-2013-05-16-8913050

All Renewables, All The Time - Forbes :: http://www.forbes.com/sites/pikeresearch/2013/05/16/all-renewables-all-the-time/

Bitcoin exchange Mt. Gox lands in feds' crosshairs - CNNMoney :: http://money.cnn.com/2013/05/16/technology/bitcoin-mt-gox/

17-May-2013 05:32

Yahoo spared $2.7bn Mexican damages - Financial Times :: http://www.ft.com/cms/s/0/0dee6a42-be6e-11e2-bb35-00144feab7de.html

Fed officials differ on direction of recovery - Washington Post :: http://www.washingtonpost.com/business/economy/fed-officials-struggle-to-chart-economys-course/2013/05/16/455a614c-be38-11e2-97d4-a479289a31f9_story.html

On the Call: Dell CFO Brian Gladden - Businessweek :: http://www.businessweek.com/ap/2013-05-16/on-the-call-dell-cfo-brian-gladden

Wal-Mart Sales Go Cold, and Its Shares Feel the Chill - New York Times :: http://www.nytimes.com/2013/05/17/business/wal-mart-posts-mixed-results.html

Tesla's 2.7M-Share Offering Prices at Tiny Discount Amid Strong Demand -Source - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-716336.html?mod%3Dgooglenews_wsj

American Airlines will allow passengers traveling light to board earlier - Dallas Morning News :: http://www.dallasnews.com/business/airline-industry/20130516-american-airlines-will-allow-passengers-traveling-light-to-board-earlier1.ece

A-Train's Return to the Rockaways Is Near - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-234310/

JC Penney widens loss, but returning CEO says it's fixable - Dallas Morning News :: http://www.dallasnews.com/business/retail/20130516-j.c.-penney-widens-loss-but-returning-ceo-says-its-fixable.ece

US jobless claims jump 32000 to 360000 - MarketWatch :: http://www.marketwatch.com/story/us-jobless-claims-jump-32000-to-360000-2013-05-16-8913050

Bitcoin exchange Mt. Gox lands in feds' crosshairs - CNNMoney :: http://money.cnn.com/2013/05/16/technology/bitcoin-mt-gox/

17-May-2013 04:31

Fed's Williams: Fed May Be Able to Trim Bond Buying by Summer - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-714414.html?mod%3Dgooglenews_wsj

Dell earnings fall short of expectations - Financial Times :: http://www.ft.com/cms/s/0/f21a7904-be69-11e2-bb35-00144feab7de.html

How Elliott and Hess Settled a Bitter Proxy Battle - New York Times :: http://dealbook.nytimes.com/2013/05/16/hess-and-elliott-settle-fight-over-companys-board/

New Fracking Rules Proposed for US Land - New York Times :: http://www.nytimes.com/2013/05/17/us/interior-proposes-new-rules-for-fracking-on-us-land.html

Penney CEO says company needs time to climb out of 'abyss' - Reuters :: http://www.reuters.com/article/2013/05/17/us-jcpenney-results-idUSBRE94F15I20130517

Wal-Mart Sales Go Cold, and Its Shares Feel the Chill - New York Times :: http://www.nytimes.com/2013/05/17/business/wal-mart-posts-mixed-results.html

American Airlines will allow passengers traveling light to board earlier - Dallas Morning News :: http://www.dallasnews.com/business/airline-industry/20130516-american-airlines-will-allow-passengers-traveling-light-to-board-earlier1.ece

US jobless claims jump 32000 to 360000 - MarketWatch :: http://www.marketwatch.com/story/us-jobless-claims-jump-32000-to-360000-2013-05-16-8913050

UPDATE 2-Tesla boosts bond offering as investor demand strengthens - Reuters :: http://www.reuters.com/article/2013/05/16/autos-tesla-bond-idUSL2N0DX1TZ20130516

Homeland Security cuts off Dwolla bitcoin transfers - CNET :: http://news.cnet.com/8301-13578_3-57584511-38/homeland-security-cuts-off-dwolla-bitcoin-transfers/

17-May-2013 03:30

Dell earnings fall short of expectations - Financial Times :: http://www.ft.com/cms/s/0/f21a7904-be69-11e2-bb35-00144feab7de.html

Bitcoin blow: U.S. government freezes funds to trade the digital currency - Marketplace.org :: http://www.marketplace.org/topics/tech/bitcoin-blow-us-government-freezes-funds-trade-digital-currency

New Fracking Rules Proposed for US Land - New York Times :: http://www.nytimes.com/2013/05/17/us/interior-proposes-new-rules-for-fracking-on-us-land.html

Penney CEO says company needs time to climb out of 'abyss' - Reuters :: http://www.reuters.com/article/2013/05/17/us-jcpenney-results-idUSBRE94F15I20130517

Wal-Mart Sales Go Cold, and Its Shares Feel the Chill - New York Times :: http://www.nytimes.com/2013/05/17/business/wal-mart-posts-mixed-results.html

Trade group predicts crowded airports and planes this summer - Los Angeles Times :: http://www.latimes.com/business/la-fi-summer-air-travel-20130517,0,7235471.story

Wash. State Pot Rules: Warning Labels, No Hash - ABC News :: http://abcnews.go.com/US/wireStory/wash-state-pot-rules-warning-labels-hash-19198263

Weekly Jobless Claims Rise More than Expected - Fox Business :: http://www.foxbusiness.com/economy/2013/05/16/weekly-jobless-claims-rise-more-than-expected/

Hess to Add Elliott Nominees to Board, Ending Proxy Fight - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/hess-to-add-elliott-nominees-to-board-ending-proxy-fight.html

UPDATE 2-Tesla boosts bond offering as investor demand strengthens - Reuters :: http://www.reuters.com/article/2013/05/16/autos-tesla-bond-idUSL2N0DX1TZ20130516

17-May-2013 02:29

Wal-Mart Earnings Disappoint - New York Times :: http://www.nytimes.com/2013/05/17/business/wal-mart-posts-mixed-results.html

Dell earnings fall short of expectations - Financial Times :: http://www.ft.com/cms/s/0/f21a7904-be69-11e2-bb35-00144feab7de.html

American Airlines offers priority boarding for those without roller bags - NBCNews.com :: http://www.nbcnews.com/video/nightly-news/51911168

US Senate confirms city native Ernest Moniz as energy secretary - Fall River Herald News :: http://www.heraldnews.com/newsnow/x372821626/U-S-Senate-confirms-city-native-Ernest-Moniz-as-energy-secretary

JC Penney Loss Widens as New CEO Ullman Makes Changes - Businessweek :: http://www.businessweek.com/news/2013-05-16/j-dot-c-dot-penney-first-quarter-net-loss-widens-after-johnson-leaves

Weekly Jobless Claims Rise More than Expected - Fox Business :: http://www.foxbusiness.com/economy/2013/05/16/weekly-jobless-claims-rise-more-than-expected/

Hess to Add Elliott Nominees to Board, Ending Proxy Fight - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/hess-to-add-elliott-nominees-to-board-ending-proxy-fight.html

UPDATE 2-Tesla boosts bond offering as investor demand strengthens - Reuters :: http://www.reuters.com/article/2013/05/16/autos-tesla-bond-idUSL2N0DX1TZ20130516

Bitcoin exchange Mt. Gox lands in feds' crosshairs - CNNMoney :: http://money.cnn.com/2013/05/16/technology/bitcoin-mt-gox/

Cisco Thrives On U.S. Strength And A Steadily Improving Global Economy - Forbes :: http://www.forbes.com/sites/afontevecchia/2013/05/15/cisco-thrives-on-u-s-strength-and-a-steadily-improving-global-economy/

17-May-2013 01:28

Cisco shares surge on financials - Triangle Business Journal :: http://www.bizjournals.com/triangle/news/2013/05/16/cisco-shares-surge-on-financials.html

Wal-Mart Earnings Disappoint - New York Times :: http://www.nytimes.com/2013/05/17/business/wal-mart-posts-mixed-results.html

Initial Unemployment Claims Take a Hike Up Again - Economic Populist :: http://www.economicpopulist.org/content/initial-unemployment-claims-take-hike-again

JC Penney Earnings: Retailer's Loss Widens on Sharp Sales Decline - Wall Street Journal :: http://stream.wsj.com/story/markets/SS-2-5/SS-2-234122/

Dell earnings fall short of expectations - Financial Times :: http://www.ft.com/cms/s/0/f21a7904-be69-11e2-bb35-00144feab7de.html

New DOE Secretary Ernest Moniz Gets Support From Cleantech & General ... - CleanTechnica :: http://cleantechnica.com/2013/05/16/new-doe-secretary-ernest-moniz-gets-support-from-cleantech-general-green-organizations/

American Airlines offers priority boarding for those without roller bags - NBCNews.com :: http://www.nbcnews.com/video/nightly-news/51911168

John Hess Saves Face In Last-Minute Truce With Elliott Management - Forbes :: http://www.forbes.com/sites/christopherhelman/2013/05/16/john-hess-saves-face-in-last-minute-truce-with-elliott-management/

UPDATE 2-Tesla boosts bond offering as investor demand strengthens - Reuters :: http://www.reuters.com/article/2013/05/16/autos-tesla-bond-idUSL2N0DX1TZ20130516

Bitcoin exchange Mt. Gox lands in feds' crosshairs - CNNMoney :: http://money.cnn.com/2013/05/16/technology/bitcoin-mt-gox/

17-May-2013 00:27

Cisco shares surge on financials - Triangle Business Journal :: http://www.bizjournals.com/triangle/news/2013/05/16/cisco-shares-surge-on-financials.html

New York Attorney General probing fast-food pay practices - Reuters :: http://www.reuters.com/article/2013/05/16/us-usa-fastfood-pay-idUSBRE94F19W20130516

Struggling JC Penney Reports Bigger Loss Than Expected - CNBC.com :: http://www.cnbc.com/id/100740400

Wal-Mart Earnings Disappoint - New York Times :: http://www.nytimes.com/2013/05/17/business/wal-mart-posts-mixed-results.html

Illinois income tax collections rise 33% in April - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-illinois-income-tax-collections-rise-33-in-april-20130516,0,7458815.story

Initial Unemployment Claims Take a Hike Up Again - Economic Populist :: http://www.economicpopulist.org/content/initial-unemployment-claims-take-hike-again

American Airlines to let passengers with just a personal carry-on item board ... - Washington Post :: http://www.washingtonpost.com/business/american-airlines-to-let-passengers-with-just-a-personal-carry-on-item-board-sooner/2013/05/16/f71d0184-be3b-11e2-b537-ab47f0325f7c_story.html

Philadelphia Fed Manufacturing Index Decreases to -5.2 From 1.3 - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/philadelphia-fed-manufacturing-index-decreases-to-5-2-from-1-3.html

UPDATE 2-Tesla boosts bond offering as investor demand strengthens - Reuters :: http://www.reuters.com/article/2013/05/16/autos-tesla-bond-idUSL2N0DX1TZ20130516

Dell's profit dives as billionaire battle rages on - Reuters :: http://www.reuters.com/article/2013/05/16/us-dell-results-idUSBRE94F14820130516

16-May-2013 23:26

Philadelphia Fed Manufacturing Index Decreases to -5.2 From 1.3 - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/philadelphia-fed-manufacturing-index-decreases-to-5-2-from-1-3.html

US airline group sees pickup in summer air passengers - Reuters :: http://www.reuters.com/article/2013/05/16/us-airlines-outlook-idUSBRE94F0YS20130516

Unemployment in US comes roaring back - in a big way - Catholic Online :: http://www.catholic.org/business/story.php?id%3D50986

UPDATE 2-Tesla boosts bond offering as investor demand strengthens - Reuters :: http://www.reuters.com/article/2013/05/16/autos-tesla-bond-idUSL2N0DX1TZ20130516

Wall Street sags after Fed comments, but Cisco surges - Reuters :: http://www.reuters.com/article/2013/05/16/us-markets-stocks-idUSBRE93006T20130516

Dell's profit dives as billionaire battle rages on - CNBC.com :: http://www.cnbc.com/id/100744505

Nordstrom Q1 Profit Declines, Cuts Outlook - NASDAQ :: http://www.nasdaq.com/article/nordstrom-q1-profit-declines-cuts-outlook-20130516-01114

Wal-Mart 1Q profits, revenue disappoint - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/16/walmart-first-quarter-earnings/2164043/

Another massive loss for JC Penney - CNN :: http://money.cnn.com/2013/05/16/investing/jc-penney-loss/

Bitcoin exchange Mt. Gox lands in feds' crosshairs - CNNMoney :: http://money.cnn.com/2013/05/16/technology/bitcoin-mt-gox/

16-May-2013 22:25

S&P Cuts Berkshire Credit Rating to Double-A - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-710234.html?mod%3Dgooglenews_wsj

UPDATE 1-Tesla motors increases convertible bond offer to $525mln - Reuters :: http://www.reuters.com/article/2013/05/16/idUSL2N0DX1TZ20130516

UPDATE 4-Wal-Mart US sales weak; outlook below analysts' forecast - Reuters :: http://www.reuters.com/article/2013/05/16/walmart-results-idUSL2N0DX0GZ20130516

Sector Snap: Makers of Computer Networking Gear - ABC News :: http://abcnews.go.com/Technology/wireStory/sector-snap-makers-computer-networking-gear-19195347

Why US Manufacturing Can't Get Off the Mat - Businessweek :: http://www.businessweek.com/articles/2013-05-16/why-u-dot-s-dot-manufacturing-cant-get-off-the-mat

Smugglers provide KFC delivery to Gaza Strip; they advertise on Facebook - Los Angeles Times :: http://www.latimes.com/features/food/dailydish/la-dd-kfc-smugglers-gaza-strip-20130516,0,761102.story

Senate Confirms Moniz as Energy Secretary - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887324767004578487350898259808.html?mod%3Dgooglenews_wsj

Dell Earnings: 21 Cents EPS, $14.07 Billion in Revenue vs. Expectations of 35 ... - CNBC.com :: http://www.cnbc.com/id/100739455

Unemployment in US comes roaring back - in a big way - Catholic Online :: http://www.catholic.org/business/story.php?id%3D50986

U.S. Midwest Farmland Values Jumped 15% in 1st Quarter, Fed Says - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/u-s-midwest-farmland-values-jumped-15-in-1st-quarter-fed-says.html

16-May-2013 21:24

US jobless claims jump 32000 to 360000 - MarketWatch :: http://www.marketwatch.com/story/us-jobless-claims-jump-32000-to-360000-2013-05-16-8913050

Philadelphia Fed Manufacturing Index Decreases to -5.2 From 1.3 - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/philadelphia-fed-manufacturing-index-decreases-to-5-2-from-1-3.html

S&P Cuts Berkshire Credit Rating to Double-A - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-710234.html?mod%3Dgooglenews_wsj

US airline group sees pickup in summer air passengers - Reuters :: http://www.reuters.com/article/2013/05/16/us-airlines-outlook-idUSBRE94F0YS20130516

Wall Street flat after mixed data, Cisco jumps - Reuters :: http://www.reuters.com/article/2013/05/16/us-markets-stocks-idUSBRE93006T20130516

NetApp Is Said to Be Pushed by Elliott to Change Its Board (2) - Businessweek :: http://www.businessweek.com/news/2013-05-16/netapp-is-said-to-be-pushed-by-elliott-to-change-its-board-1

UPDATE 1-Tesla motors increases convertible bond offer to $525mln - Reuters :: http://www.reuters.com/article/2013/05/16/idUSL2N0DX1TZ20130516

UPDATE 4-Wal-Mart US sales weak; outlook below analysts' forecast - Reuters :: http://www.reuters.com/article/2013/05/16/walmart-results-idUSL2N0DX0GZ20130516

Senate Confirms MIT's Moniz as Obama's Energy Secretary - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/senate-confirms-mit-s-moniz-as-obama-s-energy-secretary.html

April unemployment falls from March, but up from 2011 - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-april-unemployment-20130516,0,7834617.story

16-May-2013 20:23

US jobless claims jump 32000 to 360000 - MarketWatch :: http://www.marketwatch.com/story/us-jobless-claims-jump-32000-to-360000-2013-05-16-8913050

Fed's Fisher: Time For Fed to Wind Down Buying of Mortgage Bonds - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-707407.html?mod%3Dgooglenews_wsj

Philadelphia Fed Manufacturing Index Decreases to -5.2 From 1.3 - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/philadelphia-fed-manufacturing-index-decreases-to-5-2-from-1-3.html

Cisco soars over 10% - CNNMoney :: http://buzz.money.cnn.com/2013/05/16/cisco-john-chambers/

Towers proposed in front of TD Garden - Boston.com :: http://www.boston.com/businessupdates/2013/05/16/towers-proposed-front-garden/KSWfKTvmWGkmHLk7ODKB8O/story.html

Dell results on deck: Will an earnings miss affect deal talks? - MarketWatch :: http://stream.marketwatch.com/story/markets/SS-4-4/SS-4-30435/

S&P Cuts Berkshire Credit Rating to Double-A - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-710234.html?mod%3Dgooglenews_wsj

Summer air travel prediction: crowded airports and planes - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-summer-air-travel-20130516,0,7102122.story

Asda sales rise 1.3pc - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/10062762/Asda-sales-rise-1.3pc.html

Tesla's next model: a $450 million convertible (debt) offering - Quartz :: http://qz.com/85455/teslas-next-model-a-450-million-convertible-debt-offering/

16-May-2013 19:22

US jobless claims jump 32000 to 360000 - MarketWatch :: http://www.marketwatch.com/story/us-jobless-claims-jump-32000-to-360000-2013-05-16-8913050

Elon Musk: Going All In on Tesla - TheStreet.com :: http://www.thestreet.com/story/11925781/1/elon-musk-going-all-in-on-tesla.html?cm_ven%3DGOOGLEN

Philadelphia Fed Manufacturing Index Decreases to -5.2 From 1.3 - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/philadelphia-fed-manufacturing-index-decreases-to-5-2-from-1-3.html

Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51% - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-freddie-mac-mortgage-rates-20130516,0,1014058.story

UPDATE 3-Wal-Mart US sales weak; outlook below analysts' forecast - Reuters :: http://www.reuters.com/article/2013/05/16/walmart-results-idUSL2N0DX0GZ20130516

Wall Street edges up, led by tech after Cisco's results - Reuters :: http://www.reuters.com/article/2013/05/16/us-markets-stocks-idUSBRE93006T20130516

John Hess Saves Face In Last-Minute Truce With Elliott Management - Forbes :: http://www.forbes.com/sites/christopherhelman/2013/05/16/john-hess-saves-face-in-last-minute-truce-with-elliott-management/

Glencore Names Hayward Interim Chairman After Bond Ousted (1) - Businessweek :: http://www.businessweek.com/news/2013-05-16/glencore-names-hayward-interim-chairman-after-bond-ousted-at-agm

S&P downgrades Berkshire Hathaway - Financial Times :: http://www.ft.com/cms/s/0/0787e5be-be2a-11e2-9b27-00144feab7de.html

Asian Shares Climb as Yen Rebounds From 4 1/2-Year Low; Won Down - Bloomberg :: http://www.bloomberg.com/news/2013-05-15/asian-shares-climb-as-yen-rebounds-from-4-1-2-year-low-won-down.html

16-May-2013 18:21

US jobless claims jump 32000 to 360000 - MarketWatch :: http://www.marketwatch.com/story/us-jobless-claims-jump-32000-to-360000-2013-05-16-8913050

Elon Musk: Going All In on Tesla - TheStreet.com :: http://www.thestreet.com/story/11925781/1/elon-musk-going-all-in-on-tesla.html?cm_ven%3DGOOGLEN

Berkshire Hathaway taken down a notch - USA TODAY :: http://www.usatoday.com/story/money/markets/2013/05/16/sp-downgrades-berkshire-hathaway/2165779/

Philadelphia Fed Manufacturing Index Decreases to -5.2 From 1.3 - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/philadelphia-fed-manufacturing-index-decreases-to-5-2-from-1-3.html

Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51% - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-freddie-mac-mortgage-rates-20130516,0,1014058.story

Cisco Systems Shares Hit Multi-Year Highs as Demand Improves - Fox Business :: http://www.foxbusiness.com/news/2013/05/16/cisco-systems-shares-hit-multi-year-highs-as-demand-improves/

UPDATE 3-Wal-Mart US sales weak; outlook below analysts' forecast - Reuters :: http://www.reuters.com/article/2013/05/16/walmart-results-idUSL2N0DX0GZ20130516

American speeds boarding for those with 1 carry-on - Chicago Tribune :: http://www.chicagotribune.com/business/breaking/chi-american-boardiing-policy-20130516,0,4167912.story

Ex-BP boss Hayward takes Glencore chair after Xstrata clearout - Chicago Tribune :: http://www.chicagotribune.com/business/sns-rt-us-glencorexstratabre94f0c4-20130516,0,4236897.story

Kansas City Fed: 1st Quarter District Farmland Values Continue Higher - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130515-710012.html?mod%3Dgooglenews_wsj

16-May-2013 17:20

Bad news for job market? Initial claims jump - CNNMoney :: http://money.cnn.com/2013/05/16/news/economy/jobless-claims/

Bristol-Myers edges ahead in race to develop first blockbuster PD-1 cancer drug - FierceBiotech :: http://www.fiercebiotech.com/story/bristol-myers-edges-ahead-race-develop-first-blockbuster-pd-1-cancer-drug/2013-05-16

Manufacturing in Philadelphia Fed Area Unexpectedly Contracts - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/philadelphia-fed-manufacturing-index-decreases-to-5-2-from-1-3.html

Glencore Xstrata Appoints Hayward as Interim Chairman - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887324767004578486693397090664.html

Wal-Mart Earnings Disappoint - New York Times :: http://www.nytimes.com/2013/05/17/business/wal-mart-posts-mixed-results.html

Mortgage rates rise for second straight week - USA Today - USA TODAY :: http://www.usatoday.com/story/money/personalfinance/2013/05/16/mortgage-rates-30-year-fixed/2165765/

Cisco CEO Chambers Says Successor Won't Immediately Be Chairman - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/cisco-ceo-chambers-says-successor-won-t-immediately-be-chairman.html

BART Resumes Service After Police Chase Halts Trains - Patch.com :: http://concord-ca.patch.com/groups/breaking-news/p/bart-resumes-service-after-police-chase-halts-trains

Elon Musk: Going All In on Tesla - TheStreet.com :: http://www.thestreet.com/story/11925781/1/elon-musk-going-all-in-on-tesla.html?cm_ven%3DGOOGLEN

Berkshire Hathaway taken down a notch - USA TODAY :: http://www.usatoday.com/story/money/markets/2013/05/16/sp-downgrades-berkshire-hathaway/2165779/

16-May-2013 16:19

Google denies trying to disguise how it operates to minimise tax bill - The Guardian :: http://www.guardian.co.uk/technology/2013/may/16/google-denies-disguise-operates-tax

Glencore Names Hayward Interim Chairman After Bond Ousted at AGM - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/glencore-names-hayward-interim-chairman-after-bond-ousted-at-agm.html

Tesla's Elon Musk Is No Dummy - Forbes :: http://www.forbes.com/sites/joannmuller/2013/05/16/teslas-elon-musk-is-no-dummy/

Wall Street dips after data, Cisco curbs decline - Reuters :: http://www.reuters.com/article/2013/05/16/us-markets-stocks-idUSBRE93006T20130516

Claims for jobless benefits rise sharply - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/16/jobless-claims-reported/2164455/

Bristol-Myers edges ahead in race to develop first blockbuster PD-1 cancer drug - FierceBiotech :: http://www.fiercebiotech.com/story/bristol-myers-edges-ahead-race-develop-first-blockbuster-pd-1-cancer-drug/2013-05-16

S&P Cuts Berkshire Hathaway's Credit Rating to Double-A - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130516-707585.html?mod%3Dgooglenews_wsj

Walmart Blames Sluggish Sales On Taxes, Enjoys Lower Effective Tax Rate - Forbes :: http://www.forbes.com/sites/kellyphillipserb/2013/05/16/walmart-blames-sluggish-sales-on-taxes-enjoys-lower-effective-tax-rate/

Major BART delays near MacArthur - San Francisco Chronicle :: http://www.sfgate.com/bayarea/article/Major-BART-delays-near-MacArthur-4522023.php

Hess and Elliott Settle Fight Over Makeup of Board - New York Times :: http://dealbook.nytimes.com/2013/05/16/hess-and-elliott-settle-fight-over-companys-board/

16-May-2013 15:18

With 'Cell Death' Drugs, Bristol-Myers May Win No Matter What - Forbes :: http://www.forbes.com/sites/matthewherper/2013/05/15/experimental-cell-death-cancer-drugs-generate-excitement/

JPMorgan presses Bloomberg over snooping - CNN :: http://money.cnn.com/2013/05/16/news/companies/bloomberg-snooping-jpmorgan/

Ex-BP chief Hayward to chair new FTSE giant GlencoreXstrata - Telegraph.co.uk :: http://www.telegraph.co.uk/finance/newsbysector/industry/mining/10061559/Ex-BP-chief-Hayward-to-chair-new-FTSE-giant-GlencoreXstrata.html

Claims for jobless benefits fall sharply - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/16/jobless-claims-reported/2164455/

Ahead of the Bell: Tesla Motors gain on debt plans - Businessweek :: http://www.businessweek.com/ap/2013-05-16/ahead-of-the-bell-tesla-motors-gain-on-debt-plans

Google denies trying to disguise how it operates to minimise tax bill - The Guardian :: http://www.guardian.co.uk/technology/2013/may/16/google-denies-disguise-operates-tax

Housing Starts Fall to Five-Month Low; Building Permits Increase - Transport Topics Online :: http://www.ttnews.com/articles/basetemplate.aspx?storyid%3D32010%26t%3DHousing-Starts-Fall-to-Five-Month-Low-Building-Permits-Increase

Walmart first quarter earnings increase - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/16/walmart-first-quarter-earnings/2164043/

Gold hits four-week low on ETF selling - Financial Times :: http://www.ft.com/cms/s/0/b122cfde-be21-11e2-bb35-00144feab7de.html

Hess to Add Elliott Nominees to Board, Ending Proxy Fight - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/hess-to-add-elliott-nominees-to-board-ending-proxy-fight.html

16-May-2013 14:17

With 'Cell Death' Drugs, Bristol-Myers May Win No Matter What - Forbes :: http://www.forbes.com/sites/matthewherper/2013/05/15/experimental-cell-death-cancer-drugs-generate-excitement/

Buffett adds to Wells Fargo, Wal-Mart, IBM holdings - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/15/warren-buffett-wal-mart/2164007/

DOT: Fewer U.S. Flights On-Time, But Airline Industry Improving Overall - Latinos Post :: http://www.latinospost.com/articles/19244/20130515/dot-fewer-u-s-flights-time-airline-industry-improving-overall.htm

PRECIOUS-Gold hits 1-month low, eyes longest downturn since 2009 - Reuters :: http://www.reuters.com/article/2013/05/16/markets-precious-idUSL3N0DX09520130516

Euro-Area Exports Increase for Third Month on Germany: Economy - Bloomberg :: http://www.bloomberg.com/news/2013-05-16/euro-area-march-exports-increase-for-third-month-led-by-germany.html

Airline Baggage Fees: On the Rise — Yet More Passengers Deem Them ... - TIME :: http://business.time.com/2013/05/16/airline-baggage-fees-on-the-rise-yet-more-passengers-deem-them-reasonable/

JPMorgan presses Bloomberg over snooping - CNN :: http://money.cnn.com/2013/05/16/news/companies/bloomberg-snooping-jpmorgan/

Walmart suffers as US consumers hold back - Financial Times :: http://www.ft.com/cms/s/0/b60b5622-be1e-11e2-bb35-00144feab7de.html

'Angry' Obama announces IRS leader's ouster after conservatives targeted - CNN :: http://www.cnn.com/2013/05/15/politics/irs-conservative-targeting/index.html

Tesla teases faster way to charge battery - Houston Chronicle :: http://www.chron.com/cars/article/Tesla-teases-faster-way-to-charge-battery-4518679.php

16-May-2013 13:16

Buffett adds to Wells Fargo, Wal-Mart, IBM holdings - USA TODAY :: http://www.usatoday.com/story/money/business/2013/05/15/warren-buffett-wal-mart/2164007/

Melanoma Treatment Harnesses Immune System to Combat Cancer Cells - New York Times :: http://www.nytimes.com/2013/05/16/business/melanoma-treatment-harnesses-immune-system-to-combat-cancer-cells.html

DOT: Fewer U.S. Flights On-Time, But Airline Industry Improving Overall - Latinos Post :: http://www.latinospost.com/articles/19244/20130515/dot-fewer-u-s-flights-time-airline-industry-improving-overall.htm

PRECIOUS-Gold hits 1-month low, eyes longest downturn since 2009 - Reuters :: http://www.reuters.com/article/2013/05/16/markets-precious-idUSL3N0DX09520130516

GOP says they will continue probe after acting IRS commissioner resigns in ... - Fox News :: http://www.foxnews.com/politics/2013/05/16/obama-to-meet-with-treasury-officials-over-irs-scandal/

Airline Baggage Fees: On the Rise — Yet More Passengers Deem Them ... - TIME :: http://business.time.com/2013/05/16/airline-baggage-fees-on-the-rise-yet-more-passengers-deem-them-reasonable/

Slideshow: Is Tesla's Model S the Best Ever? - Design News :: http://www.designnews.com/document.asp?doc_id%3D263403%26itc%3Ddn_analysis_element

Weak euro data, central bank support bolster dollar, shares - Reuters :: http://www.reuters.com/article/2013/05/16/us-markets-global-idUSBRE88901C20130516

CEO of SocGen's Russia unit faces seven years on bribery allegations - Reuters :: http://www.reuters.com/article/2013/05/16/us-russia-socgen-idUSBRE94F0EO20130516

JPMorgan presses Bloomberg over snooping - CNN :: http://money.cnn.com/2013/05/16/news/companies/bloomberg-snooping-jpmorgan/

16-May-2013 12:15

Melanoma Treatment Harnesses Immune System to Combat Cancer Cells - New York Times :: http://www.nytimes.com/2013/05/16/business/melanoma-treatment-harnesses-immune-system-to-combat-cancer-cells.html

Buffett's Berkshire exits ADM, adds to Wells Fargo - MarketWatch :: http://articles.marketwatch.com/2013-05-15/markets/39276807_1_international-business-machines-corp-general-dynamics-berkshire-hathaway-inc

Residents Shout 'Protest!' Over Refinery in China - ABC News :: http://abcnews.go.com/International/wireStory/residents-protest-refinery-plan-southern-china-19190314

PRECIOUS-Gold hits 1-month low, eyes longest downturn since 2009 - Reuters :: http://www.reuters.com/article/2013/05/16/markets-precious-idUSL3N0DX09520130516

Tesla's $850 million stock offering to help company pay off Dept of Energy loans - Torque News :: http://www.torquenews.com/1075/teslas-850-million-stock-offering-help-company-pay-dept-energy-loans

Taco Bell Tests Out Waffle Tacos - TIME :: http://newsfeed.time.com/2013/05/16/taco-bell-testing-out-waffle-tacos/

Airline Baggage Fees: On the Rise — Yet More Passengers Deem Them ... - TIME :: http://business.time.com/2013/05/16/airline-baggage-fees-on-the-rise-yet-more-passengers-deem-them-reasonable/

Japan Posts Surge in Economic Growth - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323582904578484711384991702.html

UK High Court rules Goldman Sachs tax deal lawful - Financial Times :: http://www.ft.com/cms/s/0/f0aa6338-be03-11e2-bb35-00144feab7de.html

Airlines' on-time rating falls below 80 percent - Boston.com :: http://www.boston.com/business/news/2013/05/15/airlines-time-rating-falls-below-percent/sfw5ANBt8DPxQSkHjkSOUP/story.html

16-May-2013 11:14

Melanoma Treatment Harnesses Immune System to Combat Cancer Cells - New York Times :: http://www.nytimes.com/2013/05/16/business/melanoma-treatment-harnesses-immune-system-to-combat-cancer-cells.html

US home builder confidence rises in May from April - Boston Globe :: http://www.bostonglobe.com/business/2013/05/15/home-builder-confidence-rises-may-from-april/mMg9EhaDyY81hw2635xzQM/story.html

Buffett's Berkshire exits ADM, adds to Wells Fargo - MarketWatch :: http://articles.marketwatch.com/2013-05-15/markets/39276807_1_international-business-machines-corp-general-dynamics-berkshire-hathaway-inc

Cisco, Tesla shares jump after hours - MarketWatch :: http://articles.marketwatch.com/2013-05-15/markets/39275574_1_revenue-share-17-cents

PRECIOUS-Gold hits 1-month low, eyes longest downturn since 2009 - Reuters :: http://www.reuters.com/article/2013/05/16/markets-precious-idUSL3N0DX09520130516

Kunming protest against oil plan - Hong Kong Standard :: http://www.thestandard.com.hk/breaking_news_detail.asp?id%3D36276%26icid%3D2%26d_str%3D20130516

Japanese first-quarter growth surges on Abe impact - Financial Times :: http://www.ft.com/cms/s/0/e7f60852-bdc5-11e2-890a-00144feab7de.html

Tesla's $850 million stock offering to help company pay off Dept of Energy loans - Torque News :: http://www.torquenews.com/1075/teslas-850-million-stock-offering-help-company-pay-dept-energy-loans

Airlines collected record amount in fees last year - Houston Chronicle :: http://www.chron.com/business/article/Airlines-collected-record-amount-in-fees-last-year-4516445.php

Airlines' on-time rating falls below 80 percent - Boston.com :: http://www.boston.com/business/news/2013/05/15/airlines-time-rating-falls-below-percent/sfw5ANBt8DPxQSkHjkSOUP/story.html

16-May-2013 10:13

Melanoma Treatment Harnesses Immune System to Combat Cancer Cells - New York Times :: http://www.nytimes.com/2013/05/16/business/melanoma-treatment-harnesses-immune-system-to-combat-cancer-cells.html

Wash. Set to Release Draft Rules for Pot Industry - ABC News :: http://abcnews.go.com/US/wireStory/wash-set-release-draft-rules-pot-industry-19190680

Buffett's Berkshire exits ADM, adds to Wells Fargo - MarketWatch :: http://articles.marketwatch.com/2013-05-15/markets/39276807_1_international-business-machines-corp-general-dynamics-berkshire-hathaway-inc

Japan's Economy Grew More Than Forecast 3.5% in First Quarter - Bloomberg :: http://www.bloomberg.com/news/2013-05-15/japan-s-economy-grew-more-than-forecast-3-5-in-first-quarter.html

Cisco, Tesla shares jump after hours - MarketWatch :: http://articles.marketwatch.com/2013-05-15/markets/39275574_1_revenue-share-17-cents

Airlines collected record amount in fees last year - Houston Chronicle :: http://www.chron.com/business/article/Airlines-collected-record-amount-in-fees-last-year-4516445.php

'Most vicious' LA leads nation in dog attacks on postal carriers - Los Angeles Times :: http://www.latimes.com/local/lanow/la-me-ln-dog-attack-postal-carriers-20130515,0,227749.story

Tesla: The Stuff of Short-Seller Heartburn - Businessweek :: http://www.businessweek.com/articles/2013-05-15/tesla-the-stuff-of-short-seller-heartburn

PRECIOUS-Gold slips below $1400, down 2 pct on eco. optimism - Reuters :: http://www.reuters.com/article/2013/05/15/markets-precious-idUSL3N0DW3YQ20130515

Airlines' on-time rating falls below 80 percent - Boston.com :: http://www.boston.com/business/news/2013/05/15/airlines-time-rating-falls-below-percent/sfw5ANBt8DPxQSkHjkSOUP/story.html

16-May-2013 09:12

Cisco's Profit Climbs 14% on Services Sales Growth - Wall Street Journal :: http://stream.wsj.com/story/latest-headlines/SS-2-63399/SS-2-233129/

Melanoma Treatment Harnesses Immune System to Combat Cancer Cells - New York Times :: http://www.nytimes.com/2013/05/16/business/melanoma-treatment-harnesses-immune-system-to-combat-cancer-cells.html

US home builder confidence rises in May from April - Boston Globe :: http://www.bostonglobe.com/business/2013/05/15/home-builder-confidence-rises-may-from-april/mMg9EhaDyY81hw2635xzQM/story.html

LA worst for dog attacks on mail carriers - KHQ Right Now :: http://www.khq.com/story/22266287/la-worst-for-dog-attacks-on-mail-carriers

Berkshire maintains its top A++ rating - Omaha World-Herald :: http://www.omaha.com/article/20130516/MONEY/705169931/1697

Japan GDP trumps expectations under Abenomics - CNNMoney :: http://money.cnn.com/2013/05/15/news/economy/japan-gdp-abenomics/index.html

Airlines collected record amount in fees last year - Houston Chronicle :: http://www.chron.com/business/article/Airlines-collected-record-amount-in-fees-last-year-4516445.php

Tesla: The Stuff of Short-Seller Heartburn - Businessweek :: http://www.businessweek.com/articles/2013-05-15/tesla-the-stuff-of-short-seller-heartburn

PRECIOUS-Gold slips below $1400, down 2 pct on eco. optimism - Reuters :: http://www.reuters.com/article/2013/05/15/markets-precious-idUSL3N0DW3YQ20130515

Airlines' on-time rating falls below 80 percent - Boston.com :: http://www.boston.com/business/news/2013/05/15/airlines-time-rating-falls-below-percent/sfw5ANBt8DPxQSkHjkSOUP/story.html