FINANCIAL News, Money, Banks, Stock, Economic and Financial Crisis, Jun 30, 2011

A New Investment Strategy: Preparing for End Times
New York Times
Think a slowdown in the United States or China could set off a global economic crisis? New exchange-traded funds are popping up to help pad investor confidence. Since the financial crisis, many investors have prospered from a rebound in the markets. ...
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New York Times

Insurers bank on better times SmartCompany.com.au The financial crisis deeply set back the industry in terms of profitability and its ability to generate revenue from investments, and the case for premium price rises quickly materialised. Further adding to the need for price rises was the increase in... See all stories on this topic »

SmartCompany.com.au

Nightly Business Report
American Chronicle
Also helping to ease the worries, word that French banks will roll over their Greek debt into newbonds, the hope is that could help avert a European debt crisis. And we also saw that globalbanking regulators agreed to more favorable financial ...
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Matthews: Bush Caused Recession, But Let's Not Quibble Over Which Party Can't ...
NewsBusters (blog)
During the final segment of "Hardball," the host unequivocally blamed the 2007 financial crisis and resulting recession on George W. Bush just moments before he said, "Okay, Obama hasn't been able to get us out of it yet, but...there's no sense blaming ...
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WEAFER COMMENT: Waiting for the Greeks
EmergingMarkets.me
The German financial institutions willingness to role over bond maturities is considered key in any bailout deal. Of course any bailout deal is completely dependent in the Greek parliament passing austerity and privatization programmes worth 78-billion ...
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Shanghai denies city has debt problems
Shanghai Daily (subscription)
It added that the unnamed company had issued bonds and received bank loans in 2008 and 2009 after China introduced a 4 trillion yuan (US$618 billion) stimulus package to spur the economy amidthe global financial crisis. Some of the loans are close to ...
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EUROZONE Debt Crisis News, Jun 30, 2011

Merkel: Europe Will Beat Debt Crisis Wall Street Journal By PATRICK MCGROARTY BERLIN—German Chancellor Angela Merkel said Wednesday thateuro-zone leaders would be able to overcome the bloc's ongoing debt crisis, even in the face of difficult decisions that pit national interests against those of the ... See all stories on this topic »

BUSINESS News, Jun 30, 2011

Lloyds to cut 15,000 jobs in strategy revamp
Wed,29 Jun 2011 11:20 PM PDT
Reuters - LONDON (Reuters) - Lloyds unveiled plans to cut 15,000 jobs, reduce costs and sell assets in a strategy review aimed at boosting the fortunes of the bank which had to be part-nationalized during the credit crisis. Full Story1

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TECHNOLOGY News, Jun 30, 2011

Hitachi may join Toshiba-Sony merger in small LCDs: sources
Wed,29 Jun 2011 08:37 PM PDT
Reuters -

(Reuters) - Hitachi Ltd is in talks with Toshiba and Sony about joining the merger of their liquid-crystal display (LCD) units, a move that would create the world's largest maker of small panels, two sources with knowledge of the matter said on Thursday.

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Samsung asks U.S. to ban iPad, iPhone imports Wed,29 Jun 2011 07:04 PM PDT Reuters - SEOUL/SAN FRANCISCO (Reuters) - Samsung asked the U.S. International Trade Commission to ban the importation of Apple'siPhones, iPads and iPods, ratcheting up its dispute against Apple. Full Story1

Dell to keep up acquisitions, sustain margin growth Wed,29 Jun 2011 06:29 PM PDT Reuters - AUSTIN, Texas (Reuters) - Dell Inc plans to keep making acquisitions and expects to hold on to recent gains in profit margins, as it expands into areas such as storage and computer services. Full Story1

Amazon protests California Web-sales tax plan Wed,29 Jun 2011 05:08 PM PDT Reuters - NEW YORK (Reuters) - Amazon.com Inc warned its 10,000-plus California sales affiliates on Wednesday that it may be forced to sever ties with them should the state begin taxing their online sales. Full Story1

News Corp sells Myspace, ending six-year saga Wed,29 Jun 2011 03:28 PM PDT Reuters - NEW YORK (Reuters) - News Corp has sold Myspace for $35 million, a fraction of what it paid for the once-hot social media site even as a new generation of Web-based start-ups is enjoying sky-high valuations. Full Story1

Vulnerabilities found in Google Chrome PC security Wed,29 Jun 2011 01:54 PM PDT Reuters - BOSTON (Reuters) - Google Inc brags that computers running its recently released Chrome operating system are a lot safer than traditional PCs, partly because user data is stored in the Internet cloud and not on the machine. Full Story1

Zynga expected to file IPO paperwork on Thursday: source Wed,29 Jun 2011 01:20 PM PDT Reuters - NEW YORK (Reuters) - Online social game company Zynga is expected to file paperwork for an initial public offering with the U.S. Securities and Exchange Commissionon Thursday morning, a source familiar with the situation said. Full Story1

Hitachi to join Toshiba-Sony LCD panel merger Wed,29 Jun 2011 11:17 AM PDT Reuters - (Reuters) - Hitachi Ltd wants to join the ongoing talks between Toshiba Corp andSony Corp to combine their units that make small and mid-size LCD panels, the Nikkei business daily reported. Full Story1

Dell to keep up acquisitions, sustain margin growth Wed,29 Jun 2011 11:07 AM PDT Reuters - AUSTIN, Texas (Reuters) - Dell Inc expects acquisitions to remain a critical focus for the computer maker, which is expanding into areas such as storage and services. Full Story1

Oracle fires new salvo against HP over Itanium Wed,29 Jun 2011 09:47 AM PDT Reuters - SAN FRANCISCO (Reuters) - A Hewlett Packard lawsuit against Oracle is a publicity stunt designed to blame Oracle for "disruption" that will happen when HP's Itanium chip-based server business comes to an end, Oracle said in a court filing. Full Story1

Wi-LAN buys 60 mobile patents for $8 million Wed,29 Jun 2011 06:34 AM PDT Reuters - (Reuters) - Canadian patent licensing firm Wi-LAN Inc has bought a portfolio of about 60 mobile communication patents from Glenayre Electronics Inc for $8 million in cash.Full Story1

Oracle buys company majority owned by CEO Ellison Wed,29 Jun 2011 06:22 AM PDT Reuters - NEW YORK (Reuters) - Software company Oracle Corp has agreed to buy Pillar Data Systems, a privately held storage technology company that is majority owned by Oracle's own chief executive officer, Larry Ellison. Full Story1

Social networking browser backed by Khosla, Accel Wed,29 Jun 2011 05:41 AM PDT Reuters - SAN FRANCISCO (Reuters) - RockMelt, a Web browser that integrates Facebookand other social media, reeled in two more Silicon Valley heavy hitters in a new $30 million round of financing. Full Story1

Gaza flotilla makes Internet splash Wed,29 Jun 2011 04:34 AM PDT Reuters - JERUSALEM (Reuters) - They're all aTwitter about the flotilla. Full Story1

HP to develop cloud products in China Wed,29 Jun 2011 03:38 AM PDT Reuters - BEIJING (Reuters) - Hewlett-Packard Co, the world's No.1 PC maker, is investing heavily in China and plans to develop cloud-computing products here to sell globally, Chief Executive Leo Apotheker said. Full Story1

 

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CELEBRITY Gossip News, Jun 30, 2011

Chris Hemsworth to star in commando thriller
Wed,29 Jun 2011 07:31 PM PDT
Reuters -

LOS ANGELES (Hollywood Reporter) - Sony is jumping into the black ops game again, picking up "Shadow Runner," an original thriller with "Thor" actor Chris Hemsworth attached to star.

Full Story1

HEALTH News, Jun 30, 2011 (2)

Abortions may cease in Kansas on Friday due to new rules Wed,29 Jun 2011 04:11 PM PDT Reuters - KANSAS CITY, Kan (Reuters) - Kansas could become the only U.S. state without a clinic offering abortions on Friday if rules imposing stricter operating regulations on clinics go into effect. Full Story1   Study finds Americans are eating more - and more often Wed,29 Jun 2011 04:06 PM PDT Reuters - RALEIGH, North Carolina (Reuters) - Americans may be cutting back on super-sized meals, but waistlines continue to expand from more frequent eating, according to a study released on Wednesday. Full Story1 Analysis: Life saving lung cancer test to set off cost debate Wed,29 Jun 2011 03:07 PM PDT Reuters - NEW YORK (Reuters) - A landmark study showing that routine lung screening of heavy smokers and former smokers using low dose CT scans could save thousands of lives is sure to set off a fierce debate about the cost of such testing on an overburdened healthcare system. Full Story1 FDA panel rejects Avastin for breast cancer use Wed,29 Jun 2011 02:44 PM PDT Reuters - SILVER SPRING, Maryland (Reuters) - U.S. health advisers unanimously rejected use of the drug Avastin for breast cancer, dealing a blow to its manufacturer and patients who insisted that the medicine saved their lives. Full Story1 Swine flu vaccine safe in pregnancy: study Wed,29 Jun 2011 02:39 PM PDT Reuters - NEW YORK (Reuters Health) - The swine flu shot appears to be safe for pregnant women, according to a new government report that tallies health problems occurring after the vaccinations. Full Story1 Pollutants linked to diabetes in new study Wed,29 Jun 2011 02:38 PM PDT Reuters - NEW YORK (Reuters Health) - People with higher levels of pesticides and other pollutants in their blood may be more likely to get type 2 diabetes, suggests a new study of elderly Swedes. Full Story1 "Mindfulness" may ease irritable bowel symptoms Wed,29 Jun 2011 02:38 PM PDT Reuters - NEW YORK (Reuters Health) - A therapy that combines mindfulness meditation and gentle yoga may help soothe symptoms of irritable bowel syndrome, a small clinical trial suggests. Full Story1 Doctors encourage mammograms in dying patients Wed,29 Jun 2011 12:33 PM PDT Reuters - NEW YORK (Reuters Health) - Many doctors would recommend mammograms to terminally ill women, even though there is almost no chance they would benefit, according to a U.S. poll. Full Story1 Surgery-free weight loss striking, but short-lived Wed,29 Jun 2011 12:32 PM PDT Reuters - NEW YORK (Reuters Health) - A one-year weight loss program based on lifestyle changes can help obese people shed almost as many pounds as surgery, German researchers say. Full Story1 Lundbeck won't pull drug used in U.S. executions Wed,29 Jun 2011 09:41 AM PDT Reuters - LONDON (Reuters) - Danish drugmaker Lundbeck will continue to sell a drug used in U.S. executions since pulling it off the market would be bad for some patients with severe epilepsy, its CEO said on Wednesday. Full Story1 Drugmakers angle for advantage in treating diabetes Wed,29 Jun 2011 08:50 AM PDT Reuters - SAN DIEGO (Reuters) - Obesity and longevity have helped make diabetes an epidemic in much of the world, and drugmakers are jockeying to make sure their medicines are used early and often. Full Story1 Chronic pain costs U.S. up to $635 billion a year Wed,29 Jun 2011 08:06 AM PDT Reuters - WASHINGTON (Reuters) - Addressing chronic pain, a hard-to-treat yet highly common condition, costs the United States as much as $635 billion a year and requires a much more comprehensive strategy for curbing lost productivity and healthcare expenses, according to a new government report. Full Story1 Ohio House approves abortion ban after heartbeat Tue,28 Jun 2011 04:56 PM PDT Reuters - COLUMBUS (Reuters) - The Ohio House of Representatives on Tuesday voted to ban abortions after a fetal heartbeat is detectable, which can be as early as six weeks. Full Story1 Surgeons in Medtronic trials omitted results: report Tue,28 Jun 2011 04:26 PM PDT Reuters - NEW YORK (Reuters) - Surgeons conducting clinical trials to test a Medtronic Incbone-growth protein used in spine surgery, some of whom got at least $62 million from the company, failed to report serious complications in their research papers, the Wall Street Journal reported. Full Story1 Aspirin might interfere with new heart drug Tue,28 Jun 2011 02:22 PM PDT Reuters - LONDON (Reuters) - A new study backs up a suggestion that high dosages of aspirin may interfere with AstraZeneca's heart drug Brilinta, offering a possible explanation for disappointing results from a study of patients in North America. Full Story1

 

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