Finance Style - Financial News & Articles Summary http://financestyle.com Be a successful and stylish investor Wed, 27 May 2009 10:43:37 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 GM bondholders reject offer http://financestyle.com/2009/05/27/gm-bondholders-reject-offer/ http://financestyle.com/2009/05/27/gm-bondholders-reject-offer/#comments Wed, 27 May 2009 10:43:37 +0000 admin http://financestyle.com/?p=1068
  • Auto shares climb in Asia but analysts offer cautious outlook “There was a marked difference in March auto sales growth...
  • GM: Some Bondholders Want Bankruptcy While many bondholders would be wiped out, others would be...
  • Chrysler’s Fate Hinges On Fiat Partnership By Thursday DETROIT -(Dow Jones)- Chrysler llc’s fate now hinges on finalizing...
    • ]]>     Source says few GM bondholders were interested in a proposal to swap debt for stock – virtually guaranteeing a bankruptcy filing in the next few days.

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    CNNMoney.com >>>

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    1. Auto shares climb in Asia but analysts offer cautious outlook “There was a marked difference in March auto sales growth...
    2. GM: Some Bondholders Want Bankruptcy While many bondholders would be wiped out, others would be...
    3. Chrysler’s Fate Hinges On Fiat Partnership By Thursday DETROIT -(Dow Jones)- Chrysler llc’s fate now hinges on finalizing...

    ]]>     http://financestyle.com/2009/05/27/gm-bondholders-reject-offer/feed/ 0     CORRECT:UPDATE:US Stks Up; Consumer Confidence Spurs Broad Gains http://financestyle.com/2009/05/27/correctupdateus-stks-up-consumer-confidence-spurs-broad-gains/ http://financestyle.com/2009/05/27/correctupdateus-stks-up-consumer-confidence-spurs-broad-gains/#comments Wed, 27 May 2009 10:42:37 +0000 admin http://financestyle.com/?p=1066
  • US Stocks Rise; GE, Consumer-Sentiment Data Help By Rob Curran Of DOW JONES NEWSWIRES Investors took heart...
  • NYMEX-Crude ends up as Wall Street gains, dollar dips * Wall Street extends gains after “stress test” news *...
  • German GfK Consumer Confidence Holds Steady for a Third Month By Gabi Thesing April 27 (Bloomberg) — German consumer confidence...
    • ]]>     (”UPDATE: US Stocks Up As Consumer Confidence Spurs Broad Gains” published at 5:18 pm EDT misspelled Regions Financial’s name in the last paragraph.

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    1. US Stocks Rise; GE, Consumer-Sentiment Data Help By Rob Curran Of DOW JONES NEWSWIRES Investors took heart...
    2. NYMEX-Crude ends up as Wall Street gains, dollar dips * Wall Street extends gains after “stress test” news *...
    3. German GfK Consumer Confidence Holds Steady for a Third Month By Gabi Thesing April 27 (Bloomberg) — German consumer confidence...

    ]]>     http://financestyle.com/2009/05/27/correctupdateus-stks-up-consumer-confidence-spurs-broad-gains/feed/ 0     OIL FUTURES: Crude Hits 6-Mo High On Econ Optimism, Dollar http://financestyle.com/2009/05/27/oil-futures-crude-hits-6-mo-high-on-econ-optimism-dollar/ http://financestyle.com/2009/05/27/oil-futures-crude-hits-6-mo-high-on-econ-optimism-dollar/#comments Wed, 27 May 2009 10:40:11 +0000 admin http://financestyle.com/?p=1063
  • NYMEX-Crude ends up as Wall Street gains, dollar dips * Wall Street extends gains after “stress test” news *...
  • OIL FUTURES: Crude Retreats From 2009 High On Econ Uncertainty By Brian Baskin Of DOW JONES NEWSWIRES NEW YORK (Dow...
  • NYMEX-Crude ends down sharply on demand worries * Wall Street down as bank, energy shares fall *...
    • ]]>     By Lananh Nguyen LONDON (Dow Jones)–Crude oil futures rose to fresh six-month highs Wednesday in London as economic optimism and a lower dollar encouraged buyers.

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    1. NYMEX-Crude ends up as Wall Street gains, dollar dips * Wall Street extends gains after “stress test” news *...
    2. OIL FUTURES: Crude Retreats From 2009 High On Econ Uncertainty By Brian Baskin Of DOW JONES NEWSWIRES NEW YORK (Dow...
    3. NYMEX-Crude ends down sharply on demand worries * Wall Street down as bank, energy shares fall *...

    ]]>     http://financestyle.com/2009/05/27/oil-futures-crude-hits-6-mo-high-on-econ-optimism-dollar/feed/ 0     Chrysler submits $448 million electric car plan http://financestyle.com/2009/05/27/chrysler-submits-448-million-electric-car-plan/ http://financestyle.com/2009/05/27/chrysler-submits-448-million-electric-car-plan/#comments Wed, 27 May 2009 10:31:52 +0000 admin http://financestyle.com/?p=1061
  • U.S. government to waste $285 million on 17,600 American-made autos President Barack Obama said the U.S. government will buy 17,600...
  • Chrysler lenders plan debt offer -WSJ NEW YORK, April 13 (Reuters) – Chrysler’s creditors plan to...
  • GM draws $2 bln in new aid, US works on Chrysler deal By David Lawder and John Crawley WASHINGTON (Reuters) – General...
    • ]]>     DETROIT (Reuters) – US automaker Chrysler LLC said on Tuesday it submitted proposals totaling $448 million to the US Department of Energy to research and develop electric vehicles and plug-in hybrid models.

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    1. U.S. government to waste $285 million on 17,600 American-made autos President Barack Obama said the U.S. government will buy 17,600...
    2. Chrysler lenders plan debt offer -WSJ NEW YORK, April 13 (Reuters) – Chrysler’s creditors plan to...
    3. GM draws $2 bln in new aid, US works on Chrysler deal By David Lawder and John Crawley WASHINGTON (Reuters) – General...

    ]]>     http://financestyle.com/2009/05/27/chrysler-submits-448-million-electric-car-plan/feed/ 0     Borders PostsWider Loss on Charges, Sliding Sales and Sluggish Inventory http://financestyle.com/2009/05/27/borders-postswider-loss-on-charges-sliding-sales-and-sluggish-inventory/ http://financestyle.com/2009/05/27/borders-postswider-loss-on-charges-sliding-sales-and-sluggish-inventory/#comments Wed, 27 May 2009 10:29:59 +0000 admin http://financestyle.com/?p=1059
  • D.R. Horton posts narrower quarterly loss NEW YORK (Reuters) – Homebuilder DR Horton Inc (DHI.N) on...
  • Google’s Sales Growth Slows as Economy Hampers Demand April 17 (Bloomberg) — Google Inc., owner of the world’s...
  • Ad Slump Batters New York Times By DAVID B. WILKERSON New York Times Co. reported a...
    • ]]>     By JEFFREY A. TRACHTENBERG Borders Group Inc. reported a wider quarterly loss on a 12% decline in revenue, the latest indicator of how the recession is roiling the book industry.

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    1. D.R. Horton posts narrower quarterly loss NEW YORK (Reuters) – Homebuilder DR Horton Inc (DHI.N) on...
    2. Google’s Sales Growth Slows as Economy Hampers Demand April 17 (Bloomberg) — Google Inc., owner of the world’s...
    3. Ad Slump Batters New York Times By DAVID B. WILKERSON New York Times Co. reported a...

    ]]>     http://financestyle.com/2009/05/27/borders-postswider-loss-on-charges-sliding-sales-and-sluggish-inventory/feed/ 0     HP says executive from EMC cleared to start work http://financestyle.com/2009/05/27/hp-says-executive-from-emc-cleared-to-start-work/ http://financestyle.com/2009/05/27/hp-says-executive-from-emc-cleared-to-start-work/#comments Wed, 27 May 2009 10:28:32 +0000 admin http://financestyle.com/?p=1057
  • Google profit beats expectations By Alexei Oreskovic and Anupreeta Das SAN FRANCISCO/NEW YORK (Reuters)...
  • Yahoo to lay off 675 after profit slides 78% (04-21) 19:26 PDT — Yahoo Inc. confirmed Tuesday that it...
  • Executive at Freddie Mac Is Found Dead By CHARLES DUHIGG David B. Kellermann, the acting chief financial...
    • ]]>     SAN FRANCISCO (Reuters) – Hewlett-Packard Co (HPQ.N) said on Tuesday a Massachusetts court has cleared a top executive who was lured away from rival EMC Corp (EMC.

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    1. Google profit beats expectations By Alexei Oreskovic and Anupreeta Das SAN FRANCISCO/NEW YORK (Reuters)...
    2. Yahoo to lay off 675 after profit slides 78% (04-21) 19:26 PDT — Yahoo Inc. confirmed Tuesday that it...
    3. Executive at Freddie Mac Is Found Dead By CHARLES DUHIGG David B. Kellermann, the acting chief financial...

    ]]>     http://financestyle.com/2009/05/27/hp-says-executive-from-emc-cleared-to-start-work/feed/ 0     Santander Settles With Madoff, Trustee http://financestyle.com/2009/05/27/santander-settles-with-madoff-trustee/ http://financestyle.com/2009/05/27/santander-settles-with-madoff-trustee/#comments Wed, 27 May 2009 10:26:45 +0000 admin http://financestyle.com/?p=1055
  • Madoff ex-secretary says she helped FBI gather evidence NEW YORK (Reuters) – Bernard Madoff, in the weeks before...
  • Trustee sues Madoff feeder fund manager for $1 billion NEW YORK — The trustee trying to recover Bernard Madoff’s...
  • Trustee puts claim on cash from Madoff investors Hundreds of impoverished victims of Bernard Madoff fear that the...
    • ]]>     Banco Santander has settled with the trustee trying to unwind Bernard L. Madoff’s massive Ponzi scheme. The bank will pay $235 million to resolve potential legal claims over withdrawals a hedge-fund subsidiary, Optimal Investment Services, …

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    1. Madoff ex-secretary says she helped FBI gather evidence NEW YORK (Reuters) – Bernard Madoff, in the weeks before...
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    3. Trustee puts claim on cash from Madoff investors Hundreds of impoverished victims of Bernard Madoff fear that the...

    ]]>     http://financestyle.com/2009/05/27/santander-settles-with-madoff-trustee/feed/ 0     WORLD FOREX: North Korea Threat Hits Yen, Dollar Mixed http://financestyle.com/2009/05/27/world-forex-north-korea-threat-hits-yen-dollar-mixed/ http://financestyle.com/2009/05/27/world-forex-north-korea-threat-hits-yen-dollar-mixed/#comments Wed, 27 May 2009 10:25:11 +0000 admin http://financestyle.com/?p=1053
  • WORLD FOREX : Yen Advances, Euro Falters On US Stocks By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow...
  • Dollar mixed on positive European data By Julianne Pepitone, CNNMoney.com contributing writer NEW YORK (CNNMoney.com) —...
  • FOREX-Euro dips vs dollar on ECB uncertainty, stress tests By Steven C. Johnson NEW YORK, May 6 (Reuters) –...
    • ]]>     By Nicholas Hastings Of DOW JONES NEWSWIRES LONDON (Dow Jones)–North Korea’s threat to launch a military strike on the south is leaving the dollar mixed but the yen lower in Europe Wednesday.

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    3. FOREX-Euro dips vs dollar on ECB uncertainty, stress tests By Steven C. Johnson NEW YORK, May 6 (Reuters) –...

    ]]>     http://financestyle.com/2009/05/27/world-forex-north-korea-threat-hits-yen-dollar-mixed/feed/ 0     Shell Unveils Major Restructuring http://financestyle.com/2009/05/27/shell-unveils-major-restructuring/ http://financestyle.com/2009/05/27/shell-unveils-major-restructuring/#comments Wed, 27 May 2009 10:23:47 +0000 admin http://financestyle.com/?p=1051
  • Thain Fires Back at Bank of America By SUSANNE CRAIG John Thain figured seven months ago that...
  • GM CEO to provide update on restructuring plan DETROIT (Reuters) – General Motors Corp Chief Executive Fritz Henderson...
  • Textron Suspends Columbus Business Jet Production Due To Weak Market By Ann Keeton Of DOW JONES NEWSWIRES CHICAGO (Dow Jones)–A...
    • ]]>     By JAMES HERRON LONDON — Royal Dutch Shell PLC said Wednesday it will launch a major company restructuring, merging its exploration-and-production, gas-and-power and oil-sands units into two new divisions, as new Chief Executive Peter Voser puts his …

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    ]]>     http://financestyle.com/2009/05/27/shell-unveils-major-restructuring/feed/ 0     Twitter Co-Founders Kick off ‘D Conference’ http://financestyle.com/2009/05/27/twitter-co-founders-kick-off-d-conference/ http://financestyle.com/2009/05/27/twitter-co-founders-kick-off-d-conference/#comments Wed, 27 May 2009 10:22:19 +0000 admin http://financestyle.com/?p=1049
  • How Ford Avoided the Meltdown that Hit GM, Chrysler – Part 1 Bill Vlasic, The New York Times: On Nov. 29, 2006,...
  • Ad Slump Batters New York Times By DAVID B. WILKERSON New York Times Co. reported a...
  • Wells Fargo discusses TARP in Philly conference call By Mike Armstrong Wells Fargo & Co. chief executive officer...
    • ]]>     Former record producer David Geffen apparently seeks an opportunity, reports CNBC’s Julia Boorstin, with Mort Zuckerman,… The “D: All things Digital” conference was buzzing with interest in mobile applications, social media, digital distribution and …

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    3. Wells Fargo discusses TARP in Philly conference call By Mike Armstrong Wells Fargo & Co. chief executive officer...

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