Archive for July 3rd, 2008


AFP
Penn National says takeover deal terminated
Reuters - 2 hours ago
By Jessica Hall and Mark McSherry PHILADELPHIA/NEW YORK (Reuters) - Casino and racetrack operator Penn National Gaming Inc (PENN.O: Quote, Profile, Research, Stock Buzz) said on Thursday its $6.1 billion takeover pact has been terminated,
Penn National's Silver Lining Forbes
Penn National loses takeover deal but gets funding guardian.co.uk
CNNMoney.com - Philadelphia Inquirer - Bloomberg - New York Times
all 210 news articles

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Euro Trades at One-Week Low Versus Dollar on Trichet's Comment
Bloomberg - 3 hours ago
By Ye Xie and Bo Nielsen July 4 (Bloomberg) — The euro traded at a one-week low against the dollar after European Central Bank President Jean- Claude Trichet signaled that he may stop lifting its benchmark interest rate again.
UPDATE 6-ECB raises rates, Trichet open on future moves Reuters
'No bias' on future rate moves, says ECB's Trichet MarketWatch
guardian.co.uk - BusinessWeek - Forbes - Reuters India
all 1,502 news articles

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Asia Day Ahead: US Stocks Fall; GM May Sell Mini-Cars in US
Bloomberg - 1 hour ago
July 4 (Bloomberg) — Most US stocks fell, completing the longest streak of weekly declines in four years, after a reduced sales forecast by Nvidia Corp.
The ECB Pulls the Rate-Hike Trigger BusinessWeek
Europe Recovers After ECB Rate Decision Forbes
Financial Times - AFP - Forbes - Forbes
all 1,409 news articles

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ABC News
Oil Flows Beyond $145
Forbes - 1 hour ago
Adding to their bets, traders sent oil prices to a new record above $145.00 per barrel Thursday, as America geared up for the long 4 th of July weekend.
Oil heads past $145 for 1st time; pump cost up too The Associated Press
Crude oil tops $145 on supply concerns International Herald Tribune
CNNMoney.com - Daily Star - Lebanon - Financial Times - Inside Futures
all 2,590 news articles

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ChattahBox
Nebraska Beef recall expanded
USA Today - 1 hour ago
OMAHA (AP) - Nebraska Beef Ltd. is expanding a recall announced earlier this week to include all 5.3 million pounds of meat produced for ground beef between May 16 and June 26.
Kroger Beef Recall Expands WebMD
Kroger recalls ground beef KSN-TV
MLive.com - NBC 29 News - WRVA
all 1,694 news articles

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The ECB Pulls the Rate-Hike Trigger
BusinessWeek - 1 hour ago
By BusinessWeek, Standard & Poor's, and Action Economics staff Unlike the Federal Reserve, the European Central Bank has one policy mandate: maintaining price stability.
Europe Recovers After ECB Rate Decision Forbes
South African Rand Rises to One-Month High on ECB Rate Outlook Bloomberg
AFP - The Associated Press - Wall Street Journal Blogs - Times Online
all 1,451 news articles

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Boston Globe
German Job Gains Could Be Short-Lived
BusinessWeek - Jul 3, 2008
Germany this week announced its lowest number of unemployed in 15 years. The boom in the labor market led to a drop in the number of jobless in June by 528000 compared to the same time last year, with the total number of unemployed at 3.16 million and
Fragile economy takes toll on jobs Los Angeles Times
Six Months of Job Loss Push Economy Toward Recession ABC News
Bloomberg - Voice of America - The Associated Press - CNNMoney.com
all 471 news articles

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Informify
HIGHLIGHTS Outlook of US economic indicators to be released in the
Forbes - Jul 3, 2008
WASHINGTON (Thomson Financial) - The following is a synopsis of US economic indicators to be released in the coming week with forecasts compiled by Thomson Reuters IFR Markets.
Inflation Blame, Mideast Money, US Bank Regulation Bloomberg
Fed should run policy, outsource communications Asbury Park Press
MarketWatch - Sydney Morning Herald - Victoria Advocate - Malaysia Star
all 291 news articles

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BBC News
US jobs fell by 62000 in June
Bizjournals.com - 59 minutes ago
The latest government figures show that employers nationwide have slashed jobs for six consecutive months. The US Labor Department reported Thursday businesses cut payrolls by 62000 in June.
US Economy: Employers Cut Payrolls for Sixth Straight Month Bloomberg
Economists say US June payroll drop makes Fed rate hike more unlikely Forbes
CNNMoney.com - guardian.co.uk -