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Wall Street bracing for volume surge

Written By limadu on Rabu, 31 Oktober 2012 | 05.32

U.S. financial markets will reopen Wednesday, after being shuttered for two days to deal with the devastating impact of Superstorm Sandy. NEW YORK (CNNMoney) -- Trading volume is expected to surge when U.S. financial markets reopen Wednesday, two...
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A new type of 401(k): No fund picking allowed

With a managed 401(k), you can leave investing decisions to the experts. (Money Magazine) -- The 401(k) is the best tool you have to save for retirement, but it can be an awfully clumsy one. In a typical plan, your employer essentially hands you...
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Disney to buy Lucasfilm for $4 billion

Lucasfilm founder George Lucas, creator of Star Wars, is selling his company to Disney for $4 billion. NEW YORK (CNNMoney) -- The Walt Disney Company agreed Tuesday to buy Lucasfilm in a stock-and-cash deal valued at $4 billion. The deal will make...
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UBS to cut 10,000 jobs

Written By limadu on Selasa, 30 Oktober 2012 | 05.32

Zurich-based UBS said Tuesday it was cutting 10,000 jobs. HONG KONG (CNNMoney) -- Swiss bank UBS said Tuesday it intends to slash 10,000 jobs as the firm pares back its investment banking arm. The restructuring will save the bank more than $3.6 billion...
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Transit 'disaster' in NYC

A man walks past a subway station entrance in lower Manhattan. NEW YORK (CNNMoney) -- Parts of the world's financial capital awoke Tuesday in the dark and without public transportation after a massive storm flooded tunnels, forced the closure of bridges...
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Ford posts $1.6 billion profit despite European losses

One of three European Ford plants slated for closure. But Ford still reported an overall profit of $1.6 billion despite mounting losses in Europe. NEW YORK (CNNMoney) -- Ford Motor reported earnings remained steady from a year ago as strong results...
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Top U.S. supercomputer guns for fastest in world

Written By limadu on Senin, 29 Oktober 2012 | 05.32

NEW YORK (CNNMoney) -- A new kind of global arms race is unfolding -- and this one is measured in petaflops. Titan, the U.S. Department of Energy's top open science computer, is going live on Monday with an upgrade that will likely make it the fastest...
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Protect against a commodities meltdown

A rural worker collects Arabica coffee beans at a farm in the state of Minas Gerais, Brazil. (Money Magazine) -- Booming growth in developing markets, coupled with inflationary money-printing in the U.S. and Europe, helped fuel a bull market in...
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Penguin and Random House in publishing merger

Bertelsmann, the Germany-based parent company of Random House, will own 53% of the new venture with Penguin. HONG KONG (CNNMoney) -- Penguin and Random House, two major publishers, said Monday they intend to combine operations. The merger announcement...
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9 more banks under scrutiny in Libor investigation

Written By limadu on Minggu, 28 Oktober 2012 | 05.32

NEW YORK (CNNMoney) -- A state investigation into whether some of the world's biggest banks manipulated key global interest rates has widened to 16 institutions, according to a source familiar with the matter. New York state Attorney General Eric Schneiderman...
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Rajaratnam associate to pay SEC insider fine

Another associate of Raj Rajaratnam has been charged with insider trading by the Securities and Exchange Commission. NEW YORK (CNNMoney) -- The Securities and Exchange Commission says that a former chief financial officer of Xilinx Inc. has agreed...
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Do I need to invest in stocks for retirement?

NEW YORK (CNNMoney) -- Can I skip investing in stocks altogether during retirement if I have saved a lot? -- Andrew C., Florida After seeing stocks plummet almost 60% between late 2007 and early 2009, I understand why you may want to avoid them. And...
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9 more banks under scrutiny in Libor investigation

Written By limadu on Sabtu, 27 Oktober 2012 | 05.32

NEW YORK (CNNMoney) -- A state investigation into whether some of the world's biggest banks manipulated key global interest rates has widened to 16 institutions, according to a source familiar with the matter. New York state Attorney General Eric Schneiderman...
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Rajaratnam associate to pay SEC insider fine

Another associate of Raj Rajaratnam has been charged with insider trading by the Securities and Exchange Commission. NEW YORK (CNNMoney) -- The Securities and Exchange Commission says that a former chief financial officer of Xilinx Inc. has agreed...
05.32 | 0 komentar | Read More

Do I need to invest in stocks for retirement?

NEW YORK (CNNMoney) -- Can I skip investing in stocks altogether during retirement if I have saved a lot? -- Andrew C., Florida After seeing stocks plummet almost 60% between late 2007 and early 2009, I understand why you may want to avoid them. And...
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Spanish unemployment hits new peak

Written By limadu on Jumat, 26 Oktober 2012 | 05.32

One in four Spanish workers are now without a job. LONDON (CNNMoney) -- Spain's unemployment rate hit a record high of 25% in the third quarter, as the jobless total grew to nearly 5.8 million people. The latest unemployment data reflects the impact...
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In Windows 8, the iPad has its first real challenger

NEW YORK (CNNMoney) -- Since its 2010 debut, no tablet has come close to unseating the mighty iPad. The many contenders can all be tossed in two piles: "Me too" devices or cheaper/smaller tablets. Neither has dealt Apple (AAPL, Fortune 500) a serious...
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Stocks headed for early sell-off

Click for more market data. NEW YORK (CNNMoney) -- U.S. stock futures were dragged lower Friday by weak results from Apple and Amazon, ahead of key economic reports. Apple (AAPL, Fortune 500) shares were little changed in premarket trading, a day...
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Stock headed for positive open

Written By limadu on Kamis, 25 Oktober 2012 | 05.32

Click for more market data. NEW YORK (CNNMoney) -- U.S. stock futures were higher Thursday, as investors digested the latest corporate results ahead of several key economic reports. Dow component Procter & Gamble (PG, Fortune 500) reported...
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Amazon: Buying growth at a price

Amazon's Kindle Fire is sold virtually at cost. (Money Magazine) -- Ever since it was founded in 1994, Amazon.com has been all about transformation. The Seattle-based online retailer started off by reinventing the way books were sold. Then it redefined...
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Olympics help lift UK out of recession

The UK's service industry, which accounts for over 75% of GDP, registered growth of 1.3% in the quarter. LONDON (CNNMoney) -- Britain emerged from recession in the third quarter, recording stronger than expected growth of 1% as the London Olympics...
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Europe's manufacturing gets weaker

Written By limadu on Rabu, 24 Oktober 2012 | 05.32

Preliminary data showed the weakest reading for eurozone manufacturing and service activity in 40 months. LONDON (CNNMoney) -- A weak performance by eurozone factories in October suggests the region could fall deeper into recession in the fourth quarter,...
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Stocks: Investors take a breather

Click for more market data. NEW YORK (CNNMoney) -- U.S. stock futures were little changed Wednesday, as investors took in mixed economic data from China and Europe ahead of more corporate results. Asian markets ended mixed after a report showed...
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Ford to close Belgium plant

Ford is closing a plant in Genk, Belgium, in order to stem ongoing losses in Europe. NEW YORK (CNNMoney) -- Ford Motor Co, is planning to shut a major assembly plant in Belgium as it tries to stem the ongoing losses in its European operations. The...
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DuPont to cut 1,500 jobs

Written By limadu on Selasa, 23 Oktober 2012 | 05.32

DuPont plans to cut 1,500 jobs worldwide. NEW YORK (CNNMoney) -- Chemical company DuPont announced Tuesday it would cut about 1,500 jobs worldwide, or about 2% of its global work force. The company said it will make the cuts over the next 12 to 18...
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Home Depot's home improvement star

Home Depot CFO Carol Tomé (Fortune) -- The housing and real estate meltdown was so epochal, and so persistent, that it's easy to miss one piece of good news: the comeback of Home Depot (HD, Fortune 500). Profits have surged at the retailer, and its...
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