Wednesday, August 20, 2014

21-Aug-2014 08:45

Target reports 62% drop in earnings, cuts profit forecast - Los Angeles Times :: http://www.latimes.com/business/la-fi-target-earnings-20140821-story.html

Millennial Bankers Get Raises as Firms Fight Defections - Bloomberg :: http://www.bloomberg.com/news/2014-08-20/millennial-bankers-get-raises-as-firms-fight-defections.html

HP Boosted by PCs as Whitman Seeks Growth in Other Units - Businessweek :: http://www.businessweek.com/news/2014-08-21/hp-boosted-by-pcs-as-whitman-seeks-growth-in-other-units

UPS Stores Hacked - Chinatopix :: http://www.chinatopix.com/articles/7470/20140821/ups-malware-hacking.htm

Stocks shake off Fed report - Jackson Clarion Ledger :: http://www.clarionledger.com/story/news/2014/08/20/stocks-shake-fed-report/14373245/

Bank of America Expected to Settle Huge Mortgage Case for $16.65 Billion - New York Times :: http://dealbook.nytimes.com/2014/08/20/bank-of-america-expected-to-settle-huge-mortgage-case/

Earthquakes near Iceland volcano cause eruption concerns - Fox News :: http://www.foxnews.com/world/2014/08/21/earthquakes-near-iceland-volcano-cause-eruption-concerns/

Texas Car Lender Is Accused of Distortion in Subprime Inquiry - New York Times :: http://dealbook.nytimes.com/2014/08/20/first-investors-financial-services-pays-penalty-in-credit-report-case/

Family Dollar CEO Said to Reject Merger Requests to Protect Job - Wall Street Journal :: http://online.wsj.com/articles/family-dollar-ceo-said-to-reject-merger-requests-to-protect-job-1408600339

Asia shares sour on China, US dollar in demand - Reuters :: http://www.reuters.com/article/2014/08/21/us-markets-global-idUSKBN0GL00R20140821

21-Aug-2014 07:44

US stocks mostly up as Fed debate heats up - Sydney Morning Herald :: http://www.smh.com.au/business/markets/us-stocks-mostly-up-as-fed-debate-heats-up-20140821-106ij5.html

Dollar Rises to 11-Month High on Fed; Aussie Slides on China PMI - Businessweek :: http://www.businessweek.com/news/2014-08-20/dollar-near-11-month-high-as-traders-increase-fed-rate-gain-bets

Millennial Bankers Get Raises as Firms Fight Defections - Bloomberg :: http://www.bloomberg.com/news/2014-08-20/millennial-bankers-get-raises-as-firms-fight-defections.html

Target sees signs of progress, but cuts outlook for year [Star Tribune ... - Businessweek :: http://investing.businessweek.com/research/stocks/news/article.asp?docKey%3D600-201408210001KRTRIB__BUSNEWS_48182_40054-1%26params%3Dtimestamp%257C%257C08/21/2014%252012:01%2520AM%2520ET%257C%257Cheadline%257C%257CTarget%2520sees%2520signs%2520of%2520progress%252C%2520but%2520cuts%2520outlook%2520for%2520year%2520%255BStar%2520Tribune%2520(Minneapolis)%2520%253A%253A%2520%255D%257C%257CdocSource%257C%257CMcClatchy-Tribune%257C%257Cprovider%257C%257CACQUIREMEDIA%257C%257Cbridgesymbol%257C%257CUS;HD%26ticker%3DHD

Fed Officials Prepared for Faster Rate Increase as Data Improve - Bloomberg :: http://www.bloomberg.com/news/2014-08-21/fed-officials-prepared-for-faster-rate-increase-as-data-improve.html

UPS Store Computer Breach May Put Customer Data at Risk - Businessweek :: http://www.businessweek.com/news/2014-08-21/ups-store-computer-breach-may-put-customer-data-at-risk

Bank of America in $17b settlement over mortgage crisis - Boston Globe :: http://www.bostonglobe.com/business/2014/08/20/bank-america-reaches-record-settlement-over-mortgage-crisis/KnAXKvmdvzykP63NYRs2BO/story.html

US car loan delinquencies rise slightly - Manisteenews :: http://news.pioneergroup.com/manisteenews/2014/08/21/u-s-car-loan-delinquencies-rise-slightly/

Asia shares slip as China disappoints, Japan bucks trend - Reuters :: http://www.reuters.com/article/2014/08/21/us-markets-global-idUSKBN0GL00R20140821

Volcano Threatens Game - New York Times :: http://www.nytimes.com/2014/08/21/sports/ncaafootball/volcano-threatens-game.html

21-Aug-2014 06:43

Bank of America agrees to nearly $17B settlement - USA TODAY :: http://www.usatoday.com/story/money/business/2014/08/20/bank-of-america-doj-settlement/14355935/

Millennial Bankers Get Raises as Firms Fight Defections - Businessweek :: http://www.businessweek.com/news/2014-08-20/millennial-bankers-get-raises-as-firms-fight-defections

Target sees signs of progress, but cuts outlook for year [Star Tribune ... - Businessweek :: http://investing.businessweek.com/research/stocks/news/article.asp?docKey%3D600-201408210001KRTRIB__BUSNEWS_48182_40054-1%26params%3Dtimestamp%257C%257C08/21/2014%252012:01%2520AM%2520ET%257C%257Cheadline%257C%257CTarget%2520sees%2520signs%2520of%2520progress%252C%2520but%2520cuts%2520outlook%2520for%2520year%2520%255BStar%2520Tribune%2520(Minneapolis)%2520%253A%253A%2520%255D%257C%257CdocSource%257C%257CMcClatchy-Tribune%257C%257Cprovider%257C%257CACQUIREMEDIA%257C%257Cbridgesymbol%257C%257CUS;HD%26ticker%3DHD

HP Boosted by PCs as Whitman Seeks Growth in Other Units - Businessweek :: http://www.businessweek.com/news/2014-08-21/hp-boosted-by-pcs-as-whitman-seeks-growth-in-other-units

China, Japan Aug factory surveys signal economic softness - Reuters :: http://www.reuters.com/article/2014/08/21/us-global-economy-idUSKBN0GL09A20140821

Fed Officials Prepared for Faster Rate Increase as Data Improve - Bloomberg :: http://www.bloomberg.com/news/2014-08-21/fed-officials-prepared-for-faster-rate-increase-as-data-improve.html

UPS Store Computer Breach May Put Customer Data at Risk - Businessweek :: http://www.businessweek.com/news/2014-08-21/ups-store-computer-breach-may-put-customer-data-at-risk

Birthplace of the Twinkie shutting down - CNBC :: http://www.cnbc.com/id/101934633

Fed Minutes Show Some Pushing For Rate Hike Sooner Rather Than Later - Forbes :: http://www.forbes.com/sites/samanthasharf/2014/08/20/fed-minutes-show-some-pushing-for-rate-hike-sooner-rather-than-later/

21-Aug-2014 05:42

Iceland's Bardarbunga volcano alert raised to orange - BBC News :: http://www.bbc.co.uk/news/science-environment-28854809

HP's sales boosted by computer unit but profit falls - BBC News :: http://www.bbc.co.uk/news/business-28876090

Target reports 62% drop in earnings, cuts profit forecast - Los Angeles Times :: http://www.latimes.com/business/la-fi-target-earnings-20140821-story.html

Bank of America Expected to Settle Huge Mortgage Case for $16.65 Billion - New York Times :: http://dealbook.nytimes.com/2014/08/20/bank-of-america-expected-to-settle-huge-mortgage-case/

Jackson Hole rally at risk as investors anticipate dovish Yellen - Chicago Tribune :: http://www.chicagotribune.com/sns-wp-blm-news-bc-yellen20-20140820-story.html

China Factory Activity Falls to Three-Month Low - Wall Street Journal :: http://online.wsj.com/article/SB10001424052970203858004580104532014338258.html

U.S. stocks extended their winning streak - FX News Call :: http://www.fxnewscall.com/u-s-stocks-extended-their-winning-streak/198792/

Hacked: UPS Suffers Security Breach of Customers Data in 51 Stores - Capital OTC :: http://www.capitalotc.com/hacked-ups-suffers-security-breach-of-customers-data-in-51-stores/2880/

Dollar Rises to 11-Month High on Fed; Aussie Slides on China PMI - Bloomberg :: http://www.bloomberg.com/news/2014-08-20/dollar-near-11-month-high-as-traders-increase-fed-rate-gain-bets.html

Mexico's ruling party proposes cutting seats from Congress - Reuters :: http://www.reuters.com/article/2014/08/20/us-mexico-congress-idUSKBN0GK2BU20140820

21-Aug-2014 04:41

How Target strayed deep into the red in Canada - The Globe and Mail :: http://www.theglobeandmail.com/report-on-business/international-business/target-cuts-annual-profit-outlook/article20130948/

US stocks end higher, recover from post-Fed dip - MarketWatch :: http://www.marketwatch.com/story/us-markets-futures-dip-ahead-of-fed-minutes-2014-08-20

US 30-year bond decline second day before Yellen policy speech - Chicago Tribune :: http://www.chicagotribune.com/sns-wp-blm-news-bc-treasuries19-20140819-story.html

400 workers will be out of work after closure of Twinkie bakery - iStreet Research :: http://www.istreetresearch.com/400-workers-will-be-out-of-work-after-closure-of-twinkie-bakery/255203/

UPDATE 4-Car rental firm Hertz is latest victim of auto recalls - Reuters :: http://www.reuters.com/article/2014/08/20/hertz-global-stocks-idUSL4N0QQ4G220140820

HP's sales boosted by computer unit but profit falls - BBC News :: http://www.bbc.co.uk/news/business-28876090

UPS: We've Been Hacked - TIME :: http://time.com/3151681/ups-hack/

Bank of America Expected to Settle Huge Mortgage Case for $16.65 Billion - New York Times :: http://dealbook.nytimes.com/2014/08/20/bank-of-america-expected-to-settle-huge-mortgage-case/

Dollar, yields spike on Fed minutes; China data awaited - Reuters :: http://www.reuters.com/article/2014/08/21/us-markets-global-idUSKBN0GL00R20140821

Maine House Speaker's bills target aging issues - WBBJ-TV :: http://www.wbbjtv.com/news/regional/Batman-movie-272011101.html

21-Aug-2014 03:40

Berkshire investor's departure dims Buffett mystique - The Globe and Mail :: http://www.theglobeandmail.com/report-on-business/international-business/us-business/berkshire-owners-departure-dims-buffett-mystique/article20135489/

How Target strayed deep into the red in Canada - The Globe and Mail :: http://www.theglobeandmail.com/report-on-business/international-business/target-cuts-annual-profit-outlook/article20130948/

Hertz Issues Statement - MarketWatch :: http://www.marketwatch.com/story/hertz-issues-statement-2014-08-20

US stocks end higher, recover from post-Fed dip - MarketWatch :: http://www.marketwatch.com/story/us-markets-futures-dip-ahead-of-fed-minutes-2014-08-20

Japanese Stocks Advance as Yen Slumps Most Since March - Businessweek :: http://www.businessweek.com/news/2014-08-20/japanese-stocks-advance-as-yen-slumps-most-since-march

Strong PC sales push HP revenue up in 3rd quarter - SFGate :: http://www.sfgate.com/technology/article/Strong-PC-sales-push-HP-revenue-up-in-3rd-quarter-5701604.php

UPS Stores hit by breach of credit card, customer data - Los Angeles Times :: http://www.latimes.com/business/technology/la-fi-tn-ups-stores-data-breach-20140820-story.html

Dollar Gains on Fed as Japan Stocks Advance; Nickel Drops - Businessweek :: http://www.businessweek.com/news/2014-08-20/asian-futures-rise-with-u-dot-s-dot-stocks-as-dollar-holds-gains

Bank of America Expected to Settle Huge Mortgage Case for $16.65 Billion - New York Times :: http://dealbook.nytimes.com/2014/08/20/bank-of-america-expected-to-settle-huge-mortgage-case/

Dollar Strengthens on FOMC Minutes - NASDAQ :: http://www.nasdaq.com/article/dollar-strengthens-on-fomc-minutes-20140820-00765

21-Aug-2014 02:39

Debate Over Role of Central Banks Expected in Jackson Hole - Fox Business :: http://www.foxbusiness.com/economy-policy/2014/08/20/jackson-hole-is-summer-camp-for-central-bankers/

Target's biggest challenge isn't bouncing back from the data breach - Washington Post :: http://www.washingtonpost.com/news/business/wp/2014/08/20/targets-biggest-challenge-isnt-bouncing-back-from-the-data-breach/

Fed Officials Ready for Faster Rate Increase as Data Improve - Businessweek :: http://www.businessweek.com/news/2014-08-20/fed-officials-ready-for-faster-rate-increase-as-data-improve

Why Bank of America Deal Might Not Cost It $17B - ABC News :: http://abcnews.go.com/Politics/wireStory/bank-america-deal-cost-17b-25055803

Airlines monitor possible volcanic activity in Iceland - Detroit Free Press :: http://www.freep.com/article/20140820/NEWS07/308200223/Iceland-volcano-eruption-Eyjafjallajokull

Dollar rally finds new wings on hawkish-sounding Fed minutes - Reuters :: http://www.reuters.com/article/2014/08/20/us-markets-forex-idUSKBN0GK2HG20140820

Hewlett-Packard Revenue and Cash Flow Improve, but Earnings Fall - New York Times :: http://www.nytimes.com/2014/08/21/technology/hewlett-packard-revenue-and-cash-flow-improve-but-earnings-fall.html

UPS hit by cyber attack - Financial Times :: http://www.ft.com/cms/s/0/fb206340-28be-11e4-8bda-00144feabdc0.html

Warren Buffett's Berkshire Hathaway to Pay $896000 Civil Penalty on Antitrust ... - Wall Street Journal :: http://online.wsj.com/articles/berkshire-hathaway-to-pay-896-000-civil-penalty-on-antitrust-issue-1408552364

UPDATE 4-Car rental firm Hertz is latest victim of auto recalls - Reuters :: http://in.reuters.com/article/2014/08/20/hertz-global-stocks-idINL4N0QQ4G220140820