Finance Info Blog

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A Big Win For Amgen

A closely watched study shows the company’s most important pipeline drug is more effective than Wall Street expected.
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Google launches PC operating system

Google has announced a personal computer operating system based on in its Chrome web browser
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America’s 25 Best Places To Move

Professionals looking to get ahead are relocating to these burgeoning areas.
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Voting in Indonesia’s direct presidential election appeared to proceed smoothly as early exit polls showed President Susilo Bambang Yudhoyono leading with about 58 per cent of the vote
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Why Cisco’s Not Afraid Of The iPhone

The video iPhone may outstrip Cisco’s Flip, but the networking vendor has other video ambitions.
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Alcoa Earnings Kick Off Season

Investors are looking to the aluminum giant to get the market moving upward again as earnings season gets under way.
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Court-appointed lawyers and alcoholics in treatment programmes are also among the latest victims as the state grapples with a budget deficit that has ballooned to $26bn
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Hu Jintao, China’s president, cut short his visit to Italy, where he was planning to attend the annual G8 summit of world leaders, as authorities struggled to contain some of China’s worst ethnic violence in decades
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Internet radio sites ink royalty deal

After years of tweaking and rewording agreements, commercial Webcasters have agreed to royalty rates for music they stream online, according to a statement from SoundExchange, a not-for-profit organization that collects and distributes digital music royalties.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/rMKcDNHz-zI” height=”1″ width=”1″/
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Sperm created from stem cells

Scientists have created human sperm from stem cells, which might enable infertile men to have children
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To uphold copyright laws, governments are beginning to restrict our right to communicate with each other in private, writes Christian Engström
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Read full story for latest details.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/vFZ0GJdTxkg” height=”1″ width=”1″/
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US brokers Honduran coup talks

Hillary Clinton announced that all sides in the dispute over Honduras’ recent coup had agreed to mediation, a development Washington hopes will help reduce tensions between Manuel Zelaya, the ousted president, and the country’s new de facto government
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Bertelsmann forms music duo with KKR

Deal allows German group to rebuild its music publishing activity, after selling most of its catalogue to Universal Music in 2006
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US bank capital changes opposed

Private equity investors have objected to a new rule proposed by regulators that would require them to inject nearly four times the minimum capital normally required into troubled banks in which they invest
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Wall St slides ahead of earnings season

US stocks fell to their lowest levels since the end of May as cautious investors sold shares ahead of the start of the second-quarter earnings season
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Europe’s Answer To Moody’s

France’s Coface is presenting its new ratings agency as a less-conflicted alternative.
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Energy Sector Will Disappoint

Weak refining margins and low natural gas prices will drag on Q2 earnings.
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Bonds: Aim For The Middle

One fixed-income manager thinks a steep yield is coming and, eventually, inflation. Here’s how he’s coping.
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I can give you three reasons I shouldn’t be reviewing Cooperstown Confidential, by Zev Chafets (Bloomsbury). First, Chafets and I discussed his book a few years ago while he was doing research. Second, he says some nice things about me in a footnote. And third, I’m in the grip of a raging case of envy.img [...]

Read full story for latest details.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/vFZ0GJdTxkg” height=”1″ width=”1″/
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Greenbrier’s Slow Ride In Q3

Shares of the railcar company slip as it fights with GE Railcar Services over contract issues.
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Recession fears slam stocks

Stocks plunged Tuesday, falling to two-month lows, as fears that the market has gotten ahead of any economic recovery were ramped up ahead of the start of the quarterly reporting period.img src=”http://feeds.feedburner.com/~r/rss/money_markets/~4/Ay-iPM2FlzU” height=”1″ width=”1″/
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The Libyan government invested at least $500m with Sir Allen Stanford, the Texas businessman accused by the US government of operating a $7bn Ponzi scheme, court documents show
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Mobs seek revenge for Uighur riots

Two days after the worst ethnic unrest in China since the Cultural Revolution involving the Uighur residents of Urumqi, their Han Chinese neighbours got angry
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