Tuesday, 07 February 2012 r.
Business
Greece caves in on civil service firings (AP)

07.02.2012 0:01   0 views   0 comments
Tags: Monday, Greece
From: us.rd.yahoo.com


A woman walks past a advertising board for a pawn shop, in central Athens, on Monday, Feb. 6, 2012. Parties backing Greece's coalition government will hold a second day of emergency talks Monday on a vital austerity deal with rescue creditors, after an intense weekend of negotiations failed to produce a breakthrough needed to avert bankruptcy in March. (AP Photo/Dimitri Messinis)AP - Greece's coalition government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.


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Yum profit up as China keeps growing (Reuters)

06.02.2012 23:44   0 views   0 comments
Tags: China, Reuters
From: us.rd.yahoo.com


Reuters - KFC parent Yum Brands Inc reported fourth-quarter earnings that topped Wall Street's view after accelerating sales and operating profit at established restaurants in China helped ease worries that growth in its top market was slowing. Read more »

SEC's Gallagher wants more oversight of brokers (Reuters)

06.02.2012 23:43   0 views   0 comments
From: us.rd.yahoo.com


Reuters - Congress made a mistake when it stripped away most of the Securities and Exchange Commission's authority to police the holding companies of broker-dealers for risks, according to the SEC's newest commissioner. Read more »

Ford won't bid to replace military Humvees (Reuters)

06.02.2012 23:38   0 views   0 comments
From: us.rd.yahoo.com


Reuters - Ford Motor Co said on Monday it had decided not to participate in a new Pentagon competition to replace the U.S. military's fleet of workhorse Humvee vehicles. Read more »

Key states move closer to foreclosure-abuse deal (AP)

06.02.2012 22:58   0 views   0 comments
From: us.rd.yahoo.com


AP - California and New York, the key holdouts in a long-awaited settlement over foreclosure abuses, moved closer Monday to backing a deal that would force the five largest mortgage lenders to reduce loans for about 1 million households. Read more »

Constar's 4Q earnings soar as Redbox thrives (AP)

06.02.2012 22:53   0 views   0 comments
From: us.rd.yahoo.com


AP - Coinstar's fourth-quarter earnings nearly tripled as its Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service. Read more »

Yum Brands posts 30 percent 4th-qtr profit rise (AP)

06.02.2012 22:44   1 views   0 comments
Tags: Fire, Monday, Thai
From: us.rd.yahoo.com


File - This Nov. 22, 2011 file photo provided by Yum Brands, shows the Pizza Hut Big Dinner filled with two medium rectangular one-topping pizzas, eight wings and five breadsticks. Yum Brands releases quarterly financial results Monday, Feb. 6, 2012, after the market close.(AP Photo/Pizza Hut, File)AP - Yum Brands Inc., owner of the Pizza Hut, Taco Bell and KFC fast-food chains, said Monday that its fourth-quarter profit rose 30 percent from a combination of strong overseas growth and a sales turnaround at Pizza Hut in the U.S.


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BofA investor lawsuit wins class-action status (Reuters)

06.02.2012 22:41   0 views   0 comments
From: us.rd.yahoo.com


Reuters - Shareholders suing Bank of America Corp on Monday won class-action status for their lawsuit accusing the bank and various executives and directors of fraudulently misleading them about the 2008 takeover of Merrill Lynch & Co and size of Merrill's losses and bonus payouts. Read more »

Greeks delay bailout talks as Merkel demands action (Reuters)

06.02.2012 22:35   1 views   0 comments
From: us.rd.yahoo.com


Prime Minister Lucas Papademos arrives at his office in Athens for a meeting with Greek political leaders February 5, 2012. REUTERS/Yiorgos KarahalisReuters - German Chancellor Angela Merkel told Greece Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.


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Greece caves in on civil service firings (AP)

06.02.2012 22:30   0 views   0 comments
Tags: Monday, Greece
From: us.rd.yahoo.com


A woman walks past a advertising board for a pawn shop, in central Athens, on Monday, Feb. 6, 2012. Parties backing Greece's coalition government will hold a second day of emergency talks Monday on a vital austerity deal with rescue creditors, after an intense weekend of negotiations failed to produce a breakthrough needed to avert bankruptcy in March. (AP Photo/Dimitri Messinis)AP - Greece's coalition government on Monday caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.


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Housing plan helps nearly 1 million homeowners (Reuters)

06.02.2012 22:26   0 views   0 comments
From: us.rd.yahoo.com


Txera Alonso (L) and Juan Carlos Bezarra, volunteers from the pressure group Berri-Otxoak walk towards the town hall during a Reuters - Nearly 1 million U.S. homeowners have won permanent reductions on mortgage payments since the Obama administration launched its foreclosure prevention program in 2009, the U.S. Treasury said on Monday, only a fraction of the total it aimed to reach.


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Yum profit up as China keeps growing (Reuters)

06.02.2012 21:53   0 views   0 comments
Tags: China, Reuters
From: us.rd.yahoo.com


Reuters - KFC parent Yum Brands Inc reported fourth-quarter profit that topped Wall Street's view after accelerating sales at established restaurants in China helped ease worries that growth in that key market was slowing. Read more »

Yum profit up as China keeps growing (Reuters)

06.02.2012 21:43   0 views   0 comments
Tags: China, Reuters
From: us.rd.yahoo.com


Reuters - KFC parent Yum Brands Inc reported fourth-quarter profit that topped Wall Street's view after accelerating sales at established restaurants in China helped ease worries that growth in that key market was slowing. Read more »

The Worthless Junk the 1 Percent Waste Their Money On (ContributorNetwork)

06.02.2012 21:38   1 views   0 comments
Tags: Jury
From: us.rd.yahoo.com


ContributorNetwork - COMMENTARY | Strictly speaking, the 1 percent -- people whose incomes put them above the other 99 percent of us, starting at about $340,000 a year as of 2009, according to IRS data -- don't actually spend much of their money. Read more »

Yum Brands posts 30 percent 4th-qtr profit rise (AP)

06.02.2012 21:37   1 views   0 comments
Tags: Fire, Thai
From: us.rd.yahoo.com


File - This Nov. 22, 2011 file photo provided by Yum Brands, shows the Pizza Hut Big Dinner filled with two medium rectangular one-topping pizzas, eight wings and five breadsticks. Yum Brands releases quarterly financial results Monday, Feb. 6, 2012, after the market close.(AP Photo/Pizza Hut, File)AP - The owner of the Pizza Hut, Taco Bell and KFC chains says its fourth-quarter profit rose 30 percent, thanks to its fast-growing overseas operations and to a strong showing from Pizza Hut in the U.S.


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Convicted NY fraudster sentenced in hit plot (AP)

06.02.2012 21:26   0 views   0 comments
From: us.rd.yahoo.com


This pool July 8, 2009, file photo, shows Aaron Hand, the president of AFG Financial Group., Inc., appearing in a New York courtroom after he was indicted on charges of enterprise corruption and grand larceny in connection with a mortgage fraud scheme. Hand was sentenced Monday, Feb. 6, 2012,  to an additional eight to 16 years in prison for a contract-killing scheme, on top of the eight years and four months to 25 years he's serving for the mortgage fraud. (AP Photo/Pool, Mariela Lombard)AP - Convicted of engineering a $100 million mortgage-fraud scheme, Aaron Hand was yearning for vengeance and stuck in prison, prosecutors said.


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Wall St edges lower after string of gains (Reuters)

06.02.2012 21:20   1 views   0 comments
From: us.rd.yahoo.com


Specialist trader Jason Hardzewicz (L) of Barclay's Capital gives prices to traders on the floor of the New York Stock Exchange February 3, 2012. REUTERS/Brendan McDermidReuters - Stocks closed slightly lower on Monday as lingering questions about Europe's debt crisis and corporate earnings overshadowed growing optimism about economic growth after a five-week rally.


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US oil prices fall below $97 (AP)

06.02.2012 21:08   0 views   0 comments
From: us.rd.yahoo.com


AP - U.S. oil prices fell below $97 per barrel Monday as growing supplies offset moves by President Barack Obama and other Western leaders to make it tougher for Iran to sell crude. Here's how energy contracts traded. Read more »

IMF's Blanchard sees "very large" Greek haircut (Reuters)

06.02.2012 20:56   0 views   0 comments
From: us.rd.yahoo.com


Reuters - The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be "very large" as negotiations between bondholders and the government drag on to cut Greece's debt burden. Read more »

Skepticism grows around Medco/Express Scripts deal (Reuters)

06.02.2012 19:54   0 views   0 comments
Tags: Reuters
From: us.rd.yahoo.com


Reuters - Objections to Express Scripts' $29 billion plan to buy rival pharmacy benefits manager Medco Health Solutions are accumulating as U.S. antitrust regulators weigh whether they have enough evidence to stop the megamerger. Read more »

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