Bad Paper

Move to block BP from US drilling

badnote — Sat, 31 Jul 2010 12:00:17 +0000

BP would be blocked from winning future drilling permits in the US because of its safety record under energy legislation passed by the House of Representatives

Pakistan security talks with UK cancelled

badnote — Sat, 31 Jul 2010 12:00:17 +0000

High level security official cancels visit to UK after Cameron’s comments accusing Pakistan of continuing to sponsor Islamic militants

Lloyds to lead way with £1bn in profits

badnote — Sat, 31 Jul 2010 12:00:17 +0000

The fortunes of Britain’s biggest banks have undergone a startling turnround, with profit growth at state-backed Lloyds set to eclipse that of the former industry star Barclays when first-half results are disclosed next week

CKI snaps up EDF Energy Networks

badnote — Sat, 31 Jul 2010 12:00:07 +0000

Asia’s wealthiest man is to buy the UK electricity distribution business of France’s EDF for £5.8bn in what is set to be the biggest European investment by Hong Kong companies on record

Wall Street marks best month in a year in July

admin — Sat, 31 Jul 2010 02:00:06 +0000

NEW YORK (Reuters) – U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.

As Economy Slows, Fed May Be Shifting Monetary Policy

badnote — Sat, 31 Jul 2010 00:00:16 +0000

A subtle but significant shift appears to be occurring within the Federal Reserve over the course of monetary policy as the economic recovery is weakening. The New York Times explains.

Intel Closer to Buying Infineon Unit: Report

badnote — Sat, 31 Jul 2010 00:00:06 +0000

addthis_url = 'http%3A%2F%2Fbadpaper.org%2F2010%2F07%2Fintel-closer-to-buying-infineon-unit-report%2F'; addthis_title = 'Intel+Closer+to+Buying+Infineon+Unit%3A+Report'; addthis_pub = '';

Wall Street marks best month in a year in July

admin — Fri, 30 Jul 2010 22:00:14 +0000

Jobs data, earnings latest test for stocks

admin — Fri, 30 Jul 2010 22:00:05 +0000

NEW YORK (Reuters) – U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery.

Wall Street pares losses, recovery stays anemic

admin — Fri, 30 Jul 2010 18:00:31 +0000

NEW YORK (Reuters) – Stocks eased slightly on Friday, but for the second day in a row major indexes bounced off session lows, this time on a positive report on Midwest manufacturing activity.