ForexInvestor » Engels

Crush of mud finally plugs BP’s well in the Gulf

AP — Wed, 04 Aug 2010 22:20:28 +0000

By GREG BLUESTEIN and TAMARA LUSH
2010-08-04T21:56:13Z

NEW ORLEANS (AP) — In the end, it was a crush of mud that finally plugged the blown-out well in the Gulf of Mexico, three months after the offshore drilling rig explosion that unleashed a gusher of oil and a summer of misery along the Gulf Coast….

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Stocks rise on economic data

Reuters — Wed, 04 Aug 2010 22:20:22 +0000

NEW YORK (Reuters) – U.S. stocks rose in thin trade on Wednesday as retailers’ earnings and a report showing a slight improvement in private employment boosted optimism ahead of Friday’s payrolls report.

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Currencies: Dollar gains for first day in six

MarketWatch — Wed, 04 Aug 2010 22:20:15 +0000

The dollar turns higher against the Japanese yen and adds to gains versus the euro after better-than-anticipated reports on private payrolls and the services industry dampen worries about the U.S. economy’s growth.
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Transocean profit hit by BP spill

BBC — Wed, 04 Aug 2010 22:20:13 +0000

Offshore drilling firm Transocean sees quarterly profits drop due to legal costs and reduced income after the BP Deepwater Horizon well incident.
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Saudi Blackberry ban from Friday

BBC — Tue, 03 Aug 2010 22:12:58 +0000

Saudi Arabia’s telecoms watchdog calls on telecoms firms in the country to block the messenger function on Blackberry handsets from Friday.
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Saudi Blackberry ban from Friday

BBC — Tue, 03 Aug 2010 22:04:57 +0000

Saudi Arabia’s telecoms watchdog calls on telecoms firms in the country to block the messenger function on Blackberry handsets from Friday.
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Barnes & Noble may put itself up for sale

AP — Tue, 03 Aug 2010 22:03:21 +0000

By EMILY FREDRIX
2010-08-03T21:43:20Z

NEW YORK (AP) — Book retailer Barnes & Noble Inc. said its shares have slumped so low it may put itself on the block – possibly selling the chain to an investment group that would include its founder and biggest shareholder, Leonard Riggio….

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Stocks retreat on data on day after rally

Reuters — Tue, 03 Aug 2010 22:03:17 +0000

NEW YORK (Reuters) – Stocks slipped on Tuesday as Dow component Procter & Gamble Co.’s lackluster results, coupled with weaker-than-estimated data on consumer spending and housing, prompted investors to exercise caution a day after the market’s 2 percent rally.

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Currencies: Dollar hits 4-month low on reports of Fed shift

MarketWatch — Tue, 03 Aug 2010 22:03:10 +0000

The U.S. dollar slips against its major rivals, weighed down by a news report that Federal Reserve officials will consider a slight policy shift.
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ITV to launch HD channels on Sky

BBC — Tue, 03 Aug 2010 22:03:07 +0000

Broadcaster ITV says it will be moving into pay-TV as it announces a £97m profit for the first six months of the year.
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