Archive for November 6th, 2009
Stocks eye retailers as jobless ranks swell (Reuters)
Friday, November 6th, 2009
Reuters – As unemployment in the United States edges above 10 percent, anxious investors will look to earnings reports from major retailers for signs of life in the beaten-up consumer.
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Obama administration would talk to North Korea: aide (Reuters)
Friday, November 6th, 2009
Reuters – The Obama administration would be willing to hold bilateral talks with North Korea but only if certain conditions were met, the president’s top adviser on Asia said on Friday.
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Nominee for Haitian PM clears first hurdle (AP)
Friday, November 6th, 2009
AP – Haitian senators have taken a key first step toward replacing the prime minister they ousted a week ago.
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Rifts appear ahead of G20 meeting
Friday, November 6th, 2009
Disputes over climate change and stimulus spending have emerged ahead of a G20 meeting in St Andrews in Fife.
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Iraq again seeks international bombing probe (AP)
Friday, November 6th, 2009
AP – Iraq’s foreign minister has reiterated his country’s request for a high-level international envoy to investigate the extent of foreign involvement in recent bombings of government institutions.
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SEC inquiry could lead to Fla. oversight changes (AP)
Friday, November 6th, 2009
AP – Two top Florida Democrats want changes to the makeup of the board that oversees Florida’s $130 billion investment portfolio now under scrutiny from the U.S. Securities and Exchange Commission.
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Fortress Investment posts wider 3rd-qtr loss (AP)
Friday, November 6th, 2009
AP – Alternative asset manager Fortress Investment Group LLC said Friday its third-quarter loss deepened as it cut expenses and recorded a big gain on affiliate investments.
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AIG posts 2nd consecutive quarterly profit (AP)
Friday, November 6th, 2009
AP – AIG said Friday it was profitable for the second straight quarter as its core insurance operations continue to stabilize after the company’s bailout by the government last year.
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Blackstone profit tops view; sees more deals ahead (Reuters)
Friday, November 6th, 2009
Reuters – Private equity firm Blackstone Group LP posted a forecast-beating quarterly profit on Friday and said it is gearing up for more deals and IPOs as the lending and equity markets recover.
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Blackstone Group posts narrower 3rd-quarter loss (AP)
Friday, November 6th, 2009
AP – Hedge fund and private equity firm The Blackstone Group LP on Friday posted a narrower loss for the third quarter, as its private equity holdings gained value and its real estate investments stabilized.
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