-
02 Nov 2009 07:10
, Nov 02 10:07, Nov 02 15:07, Nov 03 00:07U.S. Stocks Extend Gains After ISM Manufacturing Index Exceeds Estimates U.S. stocks extended gains after the Institute for Supply Management’s gauge of manufacturing topped economists’ estimates, signaling the economic rebound is gaining momentum.
Pending Sales of Existing Homes in U.S. Rise 6.1% Amid Tax-Credit Deadline The number of contracts to buy previously owned homes in the U.S. rose in September for an eighth straight month as Americans rushed to meet a deadline for a home-buyer tax credit.
Ford Has Earnings of $997 Million, Says 2011 Will Be `Solidly Profitable' Ford Motor Co., the only major U.S. automaker to avoid bankruptcy, posted net income of $997 million in the third quarter and its first operating profit since early 2008. Ford said it expects to be “solidly profitable” in 2011.
Hector Ruiz Will Leave Globalfoundries Amid Galleon Insider-Trading Case Hector Ruiz, the most prominent executive tied to the Galleon Group LLC insider-trading case, is stepping down as chairman of Globalfoundries Inc., a spinoff of Advanced Micro Devices Inc.
Bank of America Joins China as Treasuries Buyer While Fed Bailout Unwinds U.S. banks are buying Treasuries at the fastest pace since just after the last recession, helping shore up demand now that the Federal Reserve has finished purchasing $300 billion worth to hold down borrowing costs.
Muni Borrowers Planning $10 Billion in Sales Confront `New Issue' Penalty U.S. state and local governments, which intend to sell almost $10 billion of bonds this week, face a market where dealers and traders’ reluctance to hold unsold debt is pushing borrowing costs higher than market yields.
Karzai Wins Second Term as Afghan President After Rival Quits Runoff Vote Hamid Karzai will serve a second term as Afghanistan’s president after election challenger Abdullah Abdullah, a former foreign minister, dropped out of a runoff vote that was scheduled for Nov. 7, the Independent Election Commission said in Kabul.
Pakistan Bombing Kills 33 as Government Puts $5 Million Bounty on Taliban At least 33 people were killed in an explosion close to the Shalimar Hotel in Pakistan’s garrison town of Rawalpindi as the government placed a $5 million bounty on Taliban militants.
Clinton's Praise of Netanyahu on Settlements Signals New Tone in Peace Bid Secretary of State Hillary Clinton’s acceptance of an Israeli position that fell short of a total settlement freeze moved the U.S. closer to Prime Minister Benjamin Netanyahu’s stance, while leaving Palestinians unimpressed and unwilling to resume peace talks.
Search the Site
