Arizona Herald
ArizonaHerald.com Tuesday 16th March 2010 Edition 075/2010
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U.S. stocks higher after Fed leaves rates unchangedU.S. stocks higher after Fed leaves rates unchanged
U.S. stocks rose on Tuesday after the Federal Reserve left interest rates...


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EU ministers decide Greece should be helpedEU ministers decide Greece should be helped
Europe's finance ministers have said they will assist Greece in the battle to control its...
UK motoring group says higher petrol prices are comingUK motoring group says higher petrol prices are coming
The AA in Britain has warned of higher petrol prices this...
New Michael Jackson music to be released by SonyNew Michael Jackson music to be released by Sony
A US$250 million deal has been done between Sony and the estate of Michael...
Airbus told to get its timing rightAirbus told to get its timing right
Emirates Airlines has warned that it will not accept delays to Airbus A350 aircraft...
Appeal in European court to affect UK pensionersAppeal in European court to affect UK pensioners
UK ex-pats have been caught in a pensions freeze, thanks to a denial by the government over entitlements to thousands of British men and women who paid into the system all their working...
PepsiCo has buyback policyPepsiCo has buyback policy
PepsiCo will buy back up to $15 billion worth of its own common...
UK airports seeing less passengers
UK airports have seen a record drop in passenger numbers in a tough year for plane...
British Airways crews will strike this monthBritish Airways crews will strike this month
British Airways is expecting a total of seven days of strikes this month from its cabin...
Swiss banking giant pays more for executivesSwiss banking giant pays more for executives
Current and former members of the UBS executive board received much more in pay and bonuses for 2009 than in the year...
Fault in Toyota Prius not foundFault in Toyota Prius not found
Faults reported in Toyota’s Prius have not been established by technicians from the National Highway Traffic Safety...
Mixed fortunes for Wall StreetMixed fortunes for Wall Street
U.S. stocks made only minor moves Monday as traders dithered over the future direction of the markets and the...
American Airlines Joins Jetblue, Delta In Asking Dot For Exemption From Tarmac Rule
NEW YORK - Add American Airlines to the list of carriers that want out of the government's new rule to limit the time passengers can be held on the tarmac. American has filed for a temporary...
Settlement Approved For Widow, Son Of Blink 182 Drummer's Bodyguard Killed In Crash
LOS ANGELES - A judge has approved a legal settlement for the wife and young son of former Blink 182 drummer Travis Barker's bodyguard, who was killed in a plane crash.The settlement with Learjet...
Vertigo Mixes It Up With Windows Phone 7 Series And Microsoft Silverlight
LAS VEGAS, NV--(Marketwire - March 16, 2010) - Vertigo announced today the company's plans to develop consumer and enterprise mobile experiences for Windows® Phone 7 Series at Microsoft Corp.'s...
American Express Ceo's Compensation Falls 61 Pct
NEW YORK -- The chief executive of American Express saw his pay package drop 61 percent last year as the credit card company's profits narrowed amid the downturn, according to an Associated Press...
Canadian Markets: Canadian Stocks Surge On Commodities, Data
SAN FRANCISCO (MarketWatch) -- Canadian stocks rose on Tuesday, benefiting from gains in commodity prices and positive Canadian manufacturing data. The S&P/TSX composite...
The Ratings Game: Boston Scientific Downgraded By Goldman
LOS ANGELES (MarketWatch) -- Boston Scientific Corp.'s new round of troubles led Goldman Sachs on Tuesday to downgrade the medical-device maker while adjusting the rating on one of its competitors...
Miners And Banks Push Ftse 100 Higher Ahead Of Fed Meeting
A recovery in banking and mining shares have helped the market move higher. But ahead of this evening's US Federal Reserve meeting and Friday's options expiry, few investors were willing to go out on...
Jedward Dropped After A Hit Single? Record Companies Should Try It More Often
It might sound harsh to dump John and Edward after a hit record. But why struggle on with acts when you know their future output will be decidedly...
Us Housing Starts And Permits Fell In February Because Of Severe Weather
US data issued today shows that housing starts and permits to build new homes both fell in February, which has been attributed to severe...
German Investor Confidence Was Stable In March; Eonomic Analysts Expect The Economy To Slowly Recover In Coming Months
German investor confidence was stable in March; Eonomic analysts expect the economy to slowly recover in coming months By Finfacts Team Mar 16, 2010 - 3:16:45 PM ...
Eurozone Annual Inflation Down To 0.9% In February; Eu27 Down To 1.4%
See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when...
Tiger Woods To Make Comeback
March 16 (Bloomberg) -- Tiger Woods will return to professional golf on April 8 at the Masters Tournament, four months after stepping away from the sport and admitting marital...
Luxury Hotels Lift Rates On Demand For Butlers, Views
Hotel occupancy rates are forecast to rebound this year in the U.S. and Europe. Room prices may follow in 2011, according to analysts including Patrick Scholes at FBR Capital Markets & Co. Some...
Lehman May Return As Asset Manager
March 16 (Bloomberg) -- Bankrupt Lehman Brothers Holdings Inc. proposed transforming remnants of its staff into a for- profit asset-management business to begin operations by May...
Chirico’s 4 A.m. Ice Cream Seals $3 Billion Tommy Hilfiger Deal
March 16 (Bloomberg) -- It took Phillips-Van Heusen Corp. Chief Executive Officer Emanuel Chirico more than 2 years and 15 pints of ice cream to seal the $3 billion takeover of Tommy Hilfiger...
Nobel Winner Sharpe’s Firm Advances 41% After Ipo
(Updates share price from first paragraph, adds last U.S. company to price an IPO above range and updated valuations in ‘Monte Carlo Simulations’ and ‘Relative Value’...
Stock Picks: Ge, Amex, Sonic, Sequenom
GE ) on Mar. 16, saying the conglomerate was his "top pick". In a Mar. 16 note, Tusa said he believed that for the first time in over 10 years, "the pieces are in place for earnings upside, a...
Germany Gains Tax As 10,000 Rush To Declare Swiss Bank Accounts
March 16 (Bloomberg) -- Germany stands to gain at least 100 million euros ($137 million) in tax revenue as more than 10,000 people rushed to declare their income in the six weeks since the government...
Ie9 Technology Preview Goes Live, Microsoft Claims Scores 55% On Acid3
lifted the veil on the first Internet Explorer 9 technology preview for developers. Initial demos at MIX 10 in Las Vegas by IE9 team leader Dean Hachamovitch reveal a minimum of end user features at...
Citigroup Buys Into Ny Housing Scheme
Shrink Citigroup will provide US$576 million ($818 million) in loans and cash to help New York City build or renovate more than 20,000 low-income housing units during the next four years, its chief...
Tiger’s Transgressions Cost Him $50 Million
Timeline of Tiger’s sex scandal Timeline: A tabloid report, followed by an early morning car crash at Tiger Woods' Florida mansion, sets off a dark chapter in the pro golfer's...
Npower Signs Football League Deal
Energy firm Npower has signed a three-year deal worth £21m to become the new sponsor of the Football League.The utility provider will replace Coca-Cola, whose contract expires at the end of...
Ba Unions Agree To Pension Cuts
Trade unions at British Airways have agreed to a plan to help the company cut the £3.7bn deficit in its two final-salary pension schemes.Balpa, the GMB and Unite unions have agreed that future...
Microsoft Modernizes Web Ambitions With Ie9
For those who doubted Microsoft was serious in its effort to re-engage with the Web, it's time to put those doubts aside. At its Mix conference Tuesday, Microsoft gave programmers, Web developers,...
Microsoft Wooing Developers To Windows Phone
won't hit the market until the end of the year , Microsoft has already started its sales pitch to developers. At the Mix10 trade show on Monday, Microsoft detailed how programmers can write...
Alpha Bank's 2009 Net Profit Down 32%
FRANKFURT -- Alpha Bank, one of Greece's biggest lenders, said Tuesday its net profit for fiscal year 2009 dropped 32% to 349.8 million euros ($479 million) from 512.1 million euros in 2008....
Labor Dept, Sec Target-date Guidance May Focus On Disclosure
NEW YORK -(Dow Jones)- Regulators are working together on guidance to help investors and fiduciaries better understand how target-date funds work and the risks associated with them, which is likely...
Tiger Woods To Return To Golf At Masters: Reports
SAN FRANCISCO--Tiger Woods will return to golf and play at the Masters Tournament in Augusta, Ga., in April, according to media reports Tuesday. Woods last played in November winning the Australian...
Marketwatch First Take: Citigroup Thumbs Nose At Financial Reform
NEW YORK (MarketWatch) -- Maybe this is how Citigroup Inc. Chief Executive Vikram Pandit plans to return the bank to profitability. Thumbing its nose at proposed financial reform that would...
Intel Unveils New Server Chips Ahead Of Amd
SAN FRANCISCO (Reuters) - Intel Corp released its newest server chips on Tuesday, as it seeks to maintain its dominance over rival Advanced Micro Devices Inc, and prepare for an expected rise in...
Ge Expects Profit, Dividend To Rise In 2011: Cfo
"We have very good visibility around our cash flow ... If you think about 2011 for us, we believe we're going to have earnings growth," CFO Keith Sherin told an investor conference. "We plan to...
Arrow Talks May Prompt Sweetened Shell/petrochina Bid
Arrow's statement followed reports a day earlier that it was set to reject the bid as too low. Shell confirmed the talks but declined to comment...
Air Berlin Cancels $1.7 Billion Boeing 787 Order
LHAG.DE ), said on Tuesday that it has cut its order to 15 planes from 25. It also reduced the number of options for further 787 aircraft to five from 10, it...
Commodities Not Only Boost To Loonie: Flaherty
LONDON -- The strong Canadian dollar reflects the country's healthy fiscal position, as well as high commodity prices and U.S. dollar weakness, Finance Minister Jim Flaherty said on Tuesday,...
Investors, Lenders Approve Mega Brands' Recapitalization Plan
MONTREAL – Mega Brands Inc. has won formal approval from its lenders and shareholders for a recapitalization plan that saves the Canadian toy company from insolvency. Holders of 91.4% of the...
Geithner Says U.s. Debt At No Risk Of Downgrade
Mr. Geithner said the Obama administration will “dramatically” lower deficits over the next four to five years as a percentage of total economic output and said Congress should help in enacting...
Encana Aims To Double Gas Production In Five Years
CALGARY -- EnCana Corp. rolled out an aggressive growth plan Tuesday, with a goal to double its natural gas production in five years. Shale rock plays in the Haynesville, Horn River, and Montney...