Bad Paper

Stocks eye health reform, housing, Greece

admin — Sat, 20 Mar 2010 14:00:20 +0000

NEW YORK (Reuters) – Washington’s bid to put finishing touches on healthcare reform this weekend should help lift uncertainty on Wall Street, but there may be some turbulence along the way next week as the recent rally appears to be fraying.

Bernanke says banks need much tougher oversight

admin — Sat, 20 Mar 2010 14:00:07 +0000

Orlando, Florida (Reuters) – Regulators must be “significantly tougher” on large and complex financial firms to limit wider risks, but such firms are needed to keep the global economy humming, U.S. Federal Reserve Chairman Ben Bernanke said on Saturday.

Obama nearing victory on healthcare

badnote — Sat, 20 Mar 2010 02:00:05 +0000

President Barack Obama appeared to be nearing victory in his epic struggle to push healthcare reform through a reluctant US Congress, an achievement that would inject new momentum into his flagging presidency

Dow snaps eight-session streak as commodities weigh

admin — Fri, 19 Mar 2010 22:00:17 +0000

NEW YORK (Reuters) – The Dow industrials snapped an eight-session winning streak on Friday, as renewed worries about Greece sparked a climb in the dollar and weighed on U.S. stocks.

Icahn offers to buy Lions Gate as MGM bid looms

admin — Fri, 19 Mar 2010 22:00:06 +0000

LOS ANGELES/NEW YORK (Reuters) – Billionaire investor Carl Icahn offered on Friday to buy Lions Gate Entertainment Corp , in a move designed to forestall the studio’s expected bid for storied rival Metro-Goldwyn-Mayer Inc .

Wall St. drops with commodities

admin — Fri, 19 Mar 2010 18:00:23 +0000

NEW YORK (Reuters) – Stocks fell on Friday, following the Dow’s eight consecutive days of gains as a rising dollar hurt oil prices and weighed on energy stocks.

Palm’s survival questioned

admin — Fri, 19 Mar 2010 18:00:18 +0000

NEW YORK (Reuters) – Shares of mobile phone maker Palm tumbled on Friday on questions over its ability to survive in a tough market dominated by Apple, Google and Research in Motion.

Obama closes in on healthcare reform

badnote — Fri, 19 Mar 2010 18:00:17 +0000

Barack Obama’s epic struggle to push healthcare reform through a reluctant US Congress looked to be on the verge of success in a milestone that eluded his Democratic predecessors and that would restore momentum to his struggling presidency

‘Witching’ adds to investors’ nervousness

badnote — Fri, 19 Mar 2010 18:00:17 +0000

The expiry of futures and options contracts added to nervousness as the euro drifted lower on Greek worries

Speculation grows on Google’s future in China

badnote — Fri, 19 Mar 2010 18:00:17 +0000

As the search engine prepares to unveil plans for its joint venture Chinese website, local employees and legal experts say it could continue operations there in some form