Business Today: Wall Street to rise as dollar slips

Good Morning Robert, MON 12 Oct 2009  today's headlines Wall Street to rise as dollar slips Obama aide defends stimulus package Tengzhong seeks approval for Hummer buy Acer sees net profit in line with estimates Blackstone plans portfolio IPOs: source U.S. firms gave options to execs during merger talks: report Citi faces FINRA fine over derivatives deals: source Philips beats forecasts but still cautious Small U.S. firms face credit squeeze as crisis drags Oil tops $72 on economic optimism   today's videos Business Update: Singapore GDP Dow at '09 high U.S. strong dollar policy questioned more details Wall Street to rise as dollar slips October 12, 2009 08:22 AM ET NEW YORK (Reuters) - Stock futures pointed to a higher open on Monday as a softer dollar helped boost commodity prices and, potentially, earnings of export oriented U.S. companies. Full Article Obama aide defends stimulus package October 12, 2009 07:15 AM ET WASHINGTON (Reuters) - President Barack Obama's top economic adviser said on Monday the United States is on the path toward economic recovery, conditions in financial markets are steadier and there have been initial signs of stabilization in the housing market. Full Article Tengzhong seeks approval for Hummer buy October 12, 2009 07:30 AM ET SHANGHAI/HONG KONG (Reuters) - Tengzhong, the Chinese buyer of General Motor's Hummer brand, aims to close the deal by early 2010, with regulatory approval looming as the first of what will likely be multiple hurdles on the road ahead. Full Article Acer sees net profit in line with estimates October 12, 2009 07:07 AM ET TAIPEI (Reuters) - Acer , the world's third-biggest PC brand, said it expected to report a third-quarter net profit of about T$3.45 billion , as PC shipments climb on the back of back-to-school demand. Full Article Blackstone plans portfolio IPOs: source October 12, 2009 07:31 AM ET DUBAI (Reuters) - Private equity firm Blackstone Group is planning to list up to eight of its portfolio companies, according to a source who received a letter the firm sent to investors on Friday. Full Article U.S. firms gave options to execs during merger talks: report October 12, 2009 12:26 AM ET (Reuters) - Several U.S. companies have awarded stock options to top executives while engaged in merger negotiations, the Wall Street Journal said, citing an academic research paper and its own review of company filings. Full Article Citi faces FINRA fine over derivatives deals: source October 11, 2009 09:15 PM ET NEW YORK (Reuters) - Citigroup Inc is expected to be fined $600,000 by the Financial Industry Regulatory Authority over derivatives transactions that helped foreign clients avoid taxes on dividends, a source familiar with the matter said on Sunday. Full Article Philips beats forecasts but still cautious October 12, 2009 07:05 AM ET AMSTERDAM (Reuters) - Philips Electronics reported better than expected third-quarter results on Monday, boosting its share price as the benefits of its cost-cutting program took effect, but the company said it had still not seen a recovery in most of its markets. Full Article Small U.S. firms face credit squeeze as crisis drags October 11, 2009 10:13 PM ET SAN DIEGO (Reuters) - Small companies create more than half of America's jobs, but the entrepreneurs who drive this part of the economy continue to complain that access to credit two years into the recession remains scarce. Full Article Oil tops $72 on economic optimism October 12, 2009 06:13 AM ET LONDON (Reuters) - Oil rose above $72 a barrel on Monday, extending last week's rally, on optimism about the pace of global economic recovery and indications of stronger oil demand. Full Article     REUTERS www.reuters.com Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book.Details Send this mailing to a friend or colleague Reuters.com: Help and Contact Us | Advertise With Us | Mobile | Newsletters | RSS | Interactive TV | Labs | Reuters in Second Life | Archive | Site Index | Video Index Thomson Reuters Corporate: Copyright | Disclaimer | Privacy | Professional Products | Professional Products Support | About Thomson Reuters | Careers

 

Rob Alley, Realtor
Keller Williams Realty
540-250-3275
roballeyrealtor@gmail.com
http://www.charlottesvillevarealestate.blogspot.com
http://www.robsellscharlottesville.com
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