Archive for November 2nd, 2009

Honduras Congress not yet called back into session (AP)

Monday, November 2nd, 2009

Supporters of Honduras' ousted President Manuel Zelaya shout slogans during a protest in Tegucigalpa, Monday, Nov. 2, 2009.U.S. Labor Secretary Hilda Solis and former Chilean President Ricardo Lagos will travel to Honduras as part of a commission to verify the creation of a power-sharing government, the secretary-general of the Organization of American States, Miguel Insulza, announced Sunday. Zelaya was ousted by a military coup in June. (AP Photo/Eduardo Verdugo)AP – The head of Honduras’ Congress said Monday that he has yet to decide when to call lawmakers back into session to debate whether ousted President Manuel Zelaya should be reinstated.

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Valeant 3Q net income down, results top forecast (AP)

Monday, November 2nd, 2009

AP – Valeant Pharmaceuticals International said Monday its third-quarter net income plunged, a year after selling businesses in Europe, Africa, and the Middle East, but adjusted profit topped Wall Street expectations.

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12 feared dead in Australia boat accident: official (AFP)

Monday, November 2nd, 2009

File photo shows an Australian naval ship. Twelve people were feared dead on Tuesday more than 24 hours after an unidentified boat sank in rough seas far off Australia's northwest, killing at least one, an official said. However, an Australian rescue ship was still more than a day's sail away from the far-flung site off the Cocos Islands, an Australian territory in the Indian Ocean.(AFP/File/Jewel Samad)AFP – Twelve people were feared dead on Tuesday more than 24 hours after an unidentified boat sank in rough seas far off Australia’s northwest, killing at least one, an official said.

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Former Argentine military ruler in Dirty War trial (Reuters)

Monday, November 2nd, 2009

Reuters – The last military president in Argentina’s 1976-1983 dictatorship went on trial on Monday in a makeshift courtroom in a sports arena on charges of kidnapping, torture and murder of 56 people in a concentration camp.

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Stocks end higher on factory, housing data (Reuters)

Monday, November 2nd, 2009

Traders work on the floor of the New York Stock Exchange, November 2, 2009. U.S. stocks rose on Monday after U.S. factory activity grew more than forecast in October, alongside improved global manufacturing, and pending home sales increased unexpectedly. REUTERS/Brendan McDermid (UNITED STATES BUSINESS)Reuters – U.S. stocks rose on Monday after another round of solid economic reports but pulled off session highs after a Federal Reserve official’s warning about banks’ loan losses.

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TSX ends lower on profit-taking, RIM retreat (Reuters)

Monday, November 2nd, 2009

Reuters – Toronto’s main stock index finished lower on Monday, hurt by profit-taking and a selloff in shares of BlackBerry maker Research In Motion following an analyst downgrade.

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Wall Street rallies on Ford profit surprise (AFP)

Monday, November 2nd, 2009

A trader works on the floor of the New York Stock Exchange in September. Wall Street revved higher in morning trade after a surprise profit reported by Ford Motor Co. and a strong factory sector report helped the market rebound from last week's drubbing.(AFP/Getty Images/File/Mario Tama)AFP – Wall Street revved higher in morning trade Monday after a surprise profit reported by Ford Motor Co. and a strong factory sector report helped the market rebound from last week’s drubbing.

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Ford shares rise after results (Reuters)

Monday, November 2nd, 2009

Reuters – Shares of Ford Motor Co rose 5 percent to $7.35 in premarket trading on Monday, after the company reported its quarterly results.

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Politicians praise Libyan visit

Monday, November 2nd, 2009

Politicians who went to Libya to press for compensation for IRA victims return to the UK, hailing their visit as a success.

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Karzai’s election increases pressure on Obama (AP)

Monday, November 2nd, 2009

Afghan President Hamid Karzai gestures to journalists as he heads to receive U.N. Secretary-General Ban Ki-moon, unseen, at the presidential palace in Kabul, Afghanistan, Monday, Nov. 2, 2009. Afghanistan's election commission has canceled Saturday's presidential runoff and proclaimed Karzai victor of the war-ravaged nation's tumultuous ballot. (AP Photo/Ahmad Masood, Pool)AP – Hamid Karzai was declared the winner by default Monday in Afghanistan’s fraud-marred presidential election, increasing the pressure on President Barack Obama to end his marathon deliberations at a time when a scaled-down version of his commander’s ambitious plans is gaining support.

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