Thursday, February 28, 2013

28-Feb-2013 22:58

Economy in US Ekes Out 0.1% Gain as Trade Gap Shrinks - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/economy-in-u-s-eked-out-gain-to-end-2012-as-trade-gap-shrank.html

Buffett drives shift in investment priorities - Financial Times :: http://www.ft.com/cms/s/0/6a73449c-803c-11e2-aed5-00144feabdc0.html

Former Massey Energy Division President Pleads Guilty - Occupational Health and Safety :: http://ohsonline.com/articles/2013/02/28/former-massey-energy-division-president-pleads-guilty.aspx?admgarea%3Dnews

J.C. Penney: S&P Piles On With Rating Cut After Earnings Disaster - Forbes :: http://www.forbes.com/sites/steveschaefer/2013/02/28/j-c-penney-sp-piles-on-with-rating-cut-after-earnings-disaster/

Herbalife gives Icahn two seats on board, shares increase - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-herbalife-gives-icahn-two-seats-on-board-shares-increase-20130228,0,1853329.story

Slow Going: GDP Growth Inches Up; Claims Lower - CNBC.com :: http://www.cnbc.com/id/100505850

Capping Bankers' Bonuses Is a Blunderbuss Idea - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/capping-bankers-bonuses-is-a-blunderbuss-idea.html

Stocks: Dow ends down after nearing record high - USA TODAY :: http://www.usatoday.com/story/money/markets/2013/02/28/stocks-thursday-2-28/1953077/

Marissa Mayer deserves a break from seriously stupid media coverage - Fox News :: http://www.foxnews.com/opinion/2013/02/28/yahoo-and-seriously-stupid-media-coverage/

Groupon Ousts CEO Mason; Shares Jump - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887324662404578332084043537590.html

28-Feb-2013 21:57

Jobless Claims in U.S. Decreased More Than Forecast Last Week - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/jobless-claims-in-u-s-decreased-more-than-forecast-last-week.html

Wall Street edges higher, Dow and S&P records a hurdle - Reuters :: http://www.reuters.com/article/2013/02/28/us-markets-stocks-idUSBRE91O0BJ20130228

Herbalife to Add Two Board Members Chosen by Carl Icahn - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/herbalife-to-add-two-board-members-chosen-by-carl-icahn.html

FAA may close 168 control towers April 1 - CNN :: http://www.cnn.com/2013/02/28/travel/control-towers-closing/index.html

Europe Union Agrees on Plan to Limit Bankers' Bonuses - New York Times :: http://www.nytimes.com/2013/03/01/business/global/european-union-agrees-on-plan-to-cap-banker-bonuses.html

Bodies Matter: The Inconvenient Truth In Marissa Mayer Banning ... - Forbes :: http://www.forbes.com/sites/toddessig/2013/02/28/bodies-matter-the-inconvenient-truth-in-marissa-mayer-banning-telecommuting-at-yahoo/

Peregrine boss Wasendorf starts serving 50-year jail term - Reuters :: http://www.reuters.com/article/2013/02/28/us-peregrine-wasendorf-transfer-idUSBRE91R1FB20130228

Stocks back away from new Dow record - USA TODAY :: http://www.usatoday.com/story/money/markets/2013/02/28/stocks-thursday-2-28/1953077/

J.C. Penney: S&P Piles On With Rating Cut After Earnings Disaster - Forbes :: http://www.forbes.com/sites/steveschaefer/2013/02/28/j-c-penney-sp-piles-on-with-rating-cut-after-earnings-disaster/

Slow Going: GDP Growth Inches Up; Claims Lower - CNBC.com :: http://www.cnbc.com/id/100505850

28-Feb-2013 20:56

Economy barely expands in fourth quarter, brighter days ahead - Reuters :: http://www.reuters.com/article/2013/02/28/us-usa-gdp-idUSBRE91R0PU20130228

Getting people face-to-face will increase collaboration at Yahoo! - Forbes :: http://www.forbes.com/sites/carolkinseygoman/2013/02/28/getting-people-face-to-face-will-increase-collaboration-at-yahoo/

Bonus Rules May Just Reinforce, Not Overhaul, Pay Practices - New York Times :: http://dealbook.nytimes.com/2013/02/28/bonus-rules-may-just-reinforce-existing-pay-practices-rather-than-overhaul/

Jobless Claims in U.S. Decreased More Than Forecast Last Week - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/jobless-claims-in-u-s-decreased-more-than-forecast-last-week.html

JC Penney's Johnson is on a short leash - MarketWatch :: http://www.marketwatch.com/story/jc-penneys-johnson-is-on-a-short-leash-2013-02-28

Barnes & Noble's Nook Falls Behind - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323478304578332003476565508.html

Wall Street edges higher, Dow and S&P records a hurdle - Reuters :: http://www.reuters.com/article/2013/02/28/us-markets-stocks-idUSBRE91O0BJ20130228

Girls Gone Wild files for bankruptcy - CNN :: http://money.cnn.com/2013/02/28/news/companies/girls-gone-wild/

Stocks creep within 20 points of Dow record - USA TODAY :: http://www.usatoday.com/story/money/markets/2013/02/28/stocks-thursday-2-28/1953077/

Chrysler Invests $374 Million in Indiana Factories - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887324662404578332251844865338.html

28-Feb-2013 19:55

Rate on 30-year mortgage declines to 3.51% - USA TODAY :: http://www.usatoday.com/story/money/business/2013/02/28/30-year-mortgage-rates/1953563/

Economy barely expands in fourth quarter, brighter days ahead - Reuters :: http://www.reuters.com/article/2013/02/28/us-usa-gdp-idUSBRE91R0PU20130228

Chrysler to invest $374 million in Indiana plants, create 1250 jobs - Reuters :: http://www.reuters.com/article/2013/02/28/us-autos-chrysler-indiana-idUSBRE91R13W20130228

UPDATE 2-Barnes & Noble Nook, e-book sales slump in holiday qtr - Reuters :: http://www.reuters.com/article/2013/02/28/barnesandnoble-idUSL1N0BS5OG20130228

JC Penney shares fall after sales plunge - Reuters :: http://www.reuters.com/article/2013/02/28/us-jcpenney-shares-idUSBRE91R0UT20130228

Salary Surge Seen in Europe's Plan to Restrain Banker Bonuses - Businessweek :: http://www.businessweek.com/news/2013-02-28/salary-surge-seen-in-europes-plan-to-restrain-banker-bonuses

There's Nothing Wrong with Mayer Asking Yahoos to Work at the Office - Washington Post (blog) :: http://www.washingtonpost.com/blogs/she-the-people/wp/2013/02/28/theres-nothing-wrong-with-mayer-asking-yahoos-to-work-at-the-office/

Jobless Claims in U.S. Decreased More Than Forecast Last Week - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/jobless-claims-in-u-s-decreased-more-than-forecast-last-week.html

Girls Gone Wild empire put into bankruptcy to keep it from Steve Wynn - Fox News :: http://www.foxnews.com/entertainment/2013/02/28/girls-gone-wild-empire-put-into-bankruptcy-to-keep-it-from-steve-wyn/

Sears, Barnes & Noble sales fall - Financial Times :: http://www.ft.com/cms/s/0/58a48f0e-81cd-11e2-ae78-00144feabdc0.html

28-Feb-2013 18:54

Stocks within striking distance of Dow record - USA TODAY :: http://www.usatoday.com/story/money/markets/2013/02/28/stocks-thursday-2-28/1953077/

US 'sequester' cuts to hit US, global growth: IMF - AFP :: http://www.google.com/hostednews/afp/article/ALeqM5hJcyulDbfMoAUjjfGGebKmvLLN6g?docId%3DCNG.424c0071f5c200b52c04a07e90f07c9f.51

Sears Holdings narrows losses in Q4, FY2012 - Drug Store News :: http://drugstorenews.com/article/sears-holdings-narrows-losses-q4-fy2012

Barnes & Noble posts weak earnings; Nook division's sales off 26% - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-barnes-noble-earnings-nook-26-20130228,0,6981155.story

Economy barely expands in fourth quarter, brighter days ahead - Reuters :: http://www.reuters.com/article/2013/02/28/us-usa-gdp-idUSBRE91R0PU20130228

Getting people face-to-face will increase collaboration at Yahoo! - Forbes :: http://www.forbes.com/sites/carolkinseygoman/2013/02/28/getting-people-face-to-face-will-increase-collaboration-at-yahoo/

Chrysler Invests $374 Million in Indiana Factories - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887324662404578332251844865338.html

Americans' Sentiment Improves Along With Labor Market: Economy - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/jobless-claims-in-u-s-decreased-more-than-forecast-last-week.html

UPDATE 2-JC Penney shares fall after sales plunge - Reuters :: http://www.reuters.com/article/2013/02/28/jcpenney-shares-idUSL4N0BS5Z820130228

Bonus Rules May Just Reinforce, Not Overhaul, Pay Practices - New York Times :: http://dealbook.nytimes.com/2013/02/28/bonus-rules-may-just-reinforce-existing-pay-practices-rather-than-overhaul/

28-Feb-2013 17:53

Wendy's net income rises, outlook firm - USA TODAY :: http://www.usatoday.com/story/money/business/2013/02/28/wendys-earnings-remodeling/1953221/

Jobless Claims in U.S. Decreased More Than Forecast Last Week - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/jobless-claims-in-u-s-decreased-more-than-forecast-last-week.html

UPDATE 4-Sears tops estimates; some skeptical about turnaround - Reuters :: http://www.reuters.com/article/2013/02/28/sears-results-idUSL1N0BS9IS20130228

GM Guarantees German Jobs Until 2016 in Pay-Freeze Trade - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/gm-guarantees-german-jobs-until-2016-in-pay-freeze-trade.html

US budget battle limits GDP growth - Financial Times :: http://www.ft.com/cms/s/0/dfbdcef4-81ac-11e2-904c-00144feabdc0.html

Stocks within striking distance of Dow record - USA TODAY :: http://www.usatoday.com/story/money/markets/2013/02/28/stocks-thursday-2-28/1953077/

Unintended Consequences of EU Bonus Cap - Wall Street Journal :: http://online.wsj.com/article/SB10001424127887323293704578332151146963758.html

Freddie Mac: Mortgage rates ease, with 30-year fixed at 3.51% - Los Angeles Times :: http://www.latimes.com/business/money/la-fi-mo-freddie-mac-mortgage-rates-20130228,0,686378.story

JC Penney long-tenor bonds, CDS hit hard after rough 4Q sales report - Forbes :: http://www.forbes.com/sites/spleverage/2013/02/28/jc-penney-long-tenor-bonds-cds-hit-hard-after-rough-4q-sales-report/

Microsoft's $300 million Nook investment already looks like a clunker - ZDNet :: http://www.zdnet.com/microsofts-300-million-nook-investment-already-looks-like-a-clunker-7000011966/

28-Feb-2013 16:52

Economy barely expands in fourth quarter - Reuters :: http://www.reuters.com/article/2013/02/28/us-usa-gdp-idUSBRE91R0PU20130228

Wall Street advances, on track for third day of gains - Reuters :: http://www.reuters.com/article/2013/02/28/us-markets-stocks-idUSBRE91O0BJ20130228

EU bonus lesson: self-regulate or worse follows - Reuters Blogs (blog) :: http://blogs.reuters.com/breakingviews/2013/02/28/eu-bonus-lesson-self-regulate-or-worse-follows/

Jobless Claims in U.S. Decreased More Than Forecast Last Week - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/jobless-claims-in-u-s-decreased-more-than-forecast-last-week.html

Cramer: JC Penney 'Is in a True Tailspin' - CNBC.com :: http://www.cnbc.com/id/100506559

Europe Stocks Rise With Italy Bonds; S&P 500 Fluctuates - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/asian-stocks-climb-on-u-s-data-yen-weakens-as-crude-advances.html

Barnes & Noble Swings to Surprise 3rd-Quarter Loss - Wall Street Journal :: http://online.wsj.com/article/BT-CO-20130228-709747.html

Business Activity in US Unexpectedly Picked Up in February - Bloomberg :: http://www.bloomberg.com/news/2013-02-28/business-activity-in-u-s-unexpectedly-picked-up-in-february.html

Average US rate on 30-year fixed mortgage declines to 3.51 pct., near its record ... - Fox News :: http://www.foxnews.com/us/2013/02/28/average-us-rate-on-30-year-fixed-mortgage-declines-to-351-pct-near-its-record/

UPDATE 4-Sears tops estimates; some skeptical about turnaround - Reuters :: http://www.reuters.com/article/2013/02/28/sears-results-idUSL1N0BS9IS20130228