USA Business News

Saturday, May 12, 2012

12-May-2012 12:22

Nvidia Soars After Forecast Tops Estimates: San Francisco - Bloomberg :: http://www.bloomberg.com/news/2012-05-11/nvidia-sales-forecast-tops-estimates-on-new-chips-demand.html

CORRECT: Dow Drops After JP Morgan Trading Loss; Consumer Sentiment Rises - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120511-717273.html

Chesapeake wins breathing space with $3 billion loan - Reuters :: http://www.reuters.com/article/2012/05/12/us-chesapeake-idUSBRE84A1DQ20120512

Dimon vs. Volcker, the Television Series - New York Times :: http://dealbook.nytimes.com/2012/05/11/514580/

Euro Parity With the Dollar? US, China Better Watch Out - CNBC.com :: http://www.cnbc.com/id/47396554

Greece Hurtles Toward Euro-Zone Exit - Barron's :: http://online.barrons.com/article/SB50001424053111904370004577390080658041536.html?mod%3DBOL_twm_mw

Indonesian Search Team Prepares to Airlift Crash Bodies - Bloomberg :: http://www.bloomberg.com/news/2012-05-12/indonesian-search-team-prepares-to-airlift-crash-bodies.html

U.S. wholesale energy prices dip - Green Bay Press Gazette :: http://www.greenbaypressgazette.com/article/20120512/GPG03/205120518/U-S-wholesale-energy-prices-dip

After JPMorgan loss, a call for stricter oversight - Rochester Democrat and Chronicle :: http://www.democratandchronicle.com/usatoday/article/39256511?odyssey%3Dmod%257Cnewswell%257Ctext%257CBusiness%257Cp

P&G to Move Skin Care, Cosmetics Group to Singapore - Fox Business :: http://www.foxbusiness.com/industries/2012/05/10/pg-moves-skin-care-cosmetics-group-to-singapore/

12-May-2012 11:24

Nvidia Soars After Forecast Tops Estimates: San Francisco - Bloomberg :: http://www.bloomberg.com/news/2012-05-11/nvidia-sales-forecast-tops-estimates-on-new-chips-demand.html

CORRECT: Dow Drops After JP Morgan Trading Loss; Consumer Sentiment Rises - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20120511-717273.html

Chesapeake wins breathing space with $3 billion loan - Reuters :: http://www.reuters.com/article/2012/05/12/us-chesapeake-idUSBRE84A1DQ20120512

Euro Parity With the Dollar? US, China Better Watch Out - CNBC.com :: http://www.cnbc.com/id/47396554

Sensational and Sensationalized - Barron's :: http://online.barrons.com/article/SB50001424053111904370004577390053977377094.html?mod%3Dgooglenews_barrons

Greece Hurtles Toward Euro-Zone Exit - Barron's :: http://online.barrons.com/article/SB50001424053111904370004577390080658041536.html?mod%3DBOL_twm_mw

Indonesian Search Team Prepares to Airlift Crash Bodies - Bloomberg :: http://www.bloomberg.com/news/2012-05-12/indonesian-search-team-prepares-to-airlift-crash-bodies.html

Rehn Rejects 'False' Austerity-Stimulus Choice - BusinessWeek :: http://www.businessweek.com/news/2012-05-12/rehn-rejects-false-austerity-stimulus-choice

U.S. wholesale energy prices dip - Green Bay Press Gazette :: http://www.greenbaypressgazette.com/article/20120512/GPG03/205120518/U-S-wholesale-energy-prices-dip

P&G to Move Skin Care, Cosmetics Group to Singapore - Fox Business :: http://www.foxbusiness.com/industries/2012/05/10/pg-moves-skin-care-cosmetics-group-to-singapore/

12-May-2012 11:22

Shell welcomes Qatar as a "major" investor :: http://news.yahoo.com/shell-welcomes-qatar-major-investor-085720161--sector.html

Facebook's IPO already oversubscribed: source :: http://news.yahoo.com/facebooks-ipo-already-oversubscribed-source-015341988--sector.html

Producer prices drop, giving Fed more space :: http://news.yahoo.com/producer-prices-unexpectedly-drop-april-123629742--business.html

Nvidia Soars After Forecast Tops Estimates: San Francisco - Bloomberg :: http://www.bloomberg.com/news/2012-05-11/nvidia-sales-forecast-tops-estimates-on-new-chips-demand.html

Ex-Goldman Flamand's hedge fund misses rally: letter :: http://news.yahoo.com/ex-goldman-flamands-hedge-fund-misses-rally-letter-150856449--sector.html

Marks & Spencer targets rivals with value brand :: http://news.yahoo.com/marks-spencer-targets-rivals-value-brand-145548228--finance.html

First crude off the reversed Seaway line on offer: trade :: HOUSTON (Reuters) - Two 550,000 barrel cargoes of U.S. sweet domestic crude were on offer priced at a 50 cent per barrel discount to the price of global benchmark Brent crude, trade sources told Reuters on Friday. This is the first crude seen on offer to come off the reversed Seaway pipeline, which will start carrying crude from the oil hub of Cushing, Oklahoma into the Houston area next week. The crude was for delivery at Jones Creek, the terminus of Seaway on the Gulf Coast, or at Texas City or "some other Houston area discharge port," via pipeline links, sources said. ...
http://news.yahoo.com/first-crude-off-reversed-seaway-line-offer-trade-154704400--finance.html

Corrected: Analysis: Cisco spooks, but IT spending seen on mend :: http://news.yahoo.com/corrected-analysis-cisco-spooks-spending-seen-mend-160102893--sector.html

Credit Suisse says Americas boss to step down :: http://news.yahoo.com/credit-suisse-says-americas-boss-step-down-170001483--sector.html

Consumer sentiment at 4-year high in early May :: http://news.yahoo.com/consumer-sentiment-more-4-yr-high-may-135927326--business.html

Exclusive: Grocery chain Fairway Market eyes IPO: sources :: (Reuters) - Fairway Market, the high-end grocery store chain that traces its origins to a fruit and vegetable stand in New York City in the 1930s, is considering going public, five sources familiar with the situation said. Fairway, majority owned by private equity firm Sterling Investment Partners, is in the early stages of interviewing banks to lead an initial public offering the sources said. Two of the sources said it could fetch several hundred million dollars. The sources, interviewed this week, declined to be named because the discussions with the company were private. ...
http://news.yahoo.com/exclusive-grocery-chain-fairway-market-eyes-ipo-sources-183315571.html

Pushing Chesapeake on governance, by proxy and fax :: http://news.yahoo.com/pushing-chesapeake-governance-proxy-fax-185326329--finance.html

Corporate monitor may be in Wal-Mart's checkout lane :: http://news.yahoo.com/corporate-monitor-may-wal-marts-checkout-lane-185817533--finance.html

Analysis: Insurers find it tough to price fracking risk :: (Reuters) - From water worries to well blowouts, the inherent risks of oil and gas extraction are often played down by those in the business. But another group of profit-seekers has every reason to keep a close eye on dangers for drillers: their insurers. Underwriters now face a politically charged problem in the perceived threats to water supplies of hydraulic fracturing. Amid litigation and federal probes, insurance companies are left scratching their heads over how to price the risk of the oil and gas production technique now better known as fracking. ...
http://news.yahoo.com/analysis-insurers-tough-price-fracking-risk-190740918--finance.html

Banks hit by JPMorgan; Wall Street ends week lower :: http://news.yahoo.com/stock-futures-signal-drop-jpmorgan-loss-093441658--finance.html

Business Highlights :: ___
http://news.yahoo.com/business-highlights-233846822.html

Top bankruptcy lawyer leaving Dewey :: http://news.yahoo.com/top-bankruptcy-lawyer-leaving-dewey-223007651--finance.html

Facebook's Zuckerberg says mobile first priority :: http://news.yahoo.com/facebooks-zuckerberg-says-mobile-first-priority-203056824--sector.html

Huawei gearing up to take on Cisco on its home turf :: http://news.yahoo.com/huawei-gearing-cisco-home-turf-224722137--finance.html

Chesapeake up against low-key activist Mason Hawkins :: http://news.yahoo.com/chesapeake-against-low-key-activist-mason-hawkins-192132546--sector.html

JPMorgan $2 billion loss hits shares, dents image :: http://news.yahoo.com/jpmorgan-trading-loss-least-2-billion-reputation-hit-021547066--sector.html

Chesapeake may delay asset sales, shares sink :: http://news.yahoo.com/chesapeake-may-delay-asset-sales-shares-sink-225322427--finance.html

Exclusive: Monster deal heats up, LinkedIn to pass: sources :: http://news.yahoo.com/linkedin-others-weigh-monster-deal-sources-175027498--sector.html

Again? Wal-Mart's rep takes another beating :: http://news.yahoo.com/again-wal-marts-rep-takes-another-beating-193512814--finance.html

Three former GE affiliate executives convicted of fraud :: http://news.yahoo.com/three-former-ge-affiliate-executives-convicted-fraud-230912442--sector.html

Calls to toughen regulation follow JPMorgan loss :: http://news.yahoo.com/calls-toughen-regulation-jpmorgan-loss-212428437--finance.html

Fitch downgrades JPMorgan Chase & Co. :: Fitch Ratings and Standard & Poor's Ratings Services each downgraded their assessment of America's biggest bank, JPMorgan Chase & Co., on Friday.
http://news.yahoo.com/fitch-downgrades-jpmorgan-chase-co-211120189--finance.html

Q&A on surprise $2B trading loss at JPMorgan :: How can a bank lose $2 billion in six weeks?
http://news.yahoo.com/q-surprise-2b-trading-loss-jpmorgan-215142935--finance.html

American Airlines to explore merger options :: http://news.yahoo.com/amr-creditors-agree-explore-merger-option-source-195034132--finance.html

American Airlines agrees to study merger idea :: http://news.yahoo.com/american-airlines-agrees-study-merger-idea-211133762--finance.html

Avon cooperating with SEC in stock trading probe :: http://news.yahoo.com/avon-cooperating-sec-stock-trading-probe-235230855--sector.html