Monthly Archives: August 2011

BP calls search of Moscow office an illegal raid

Written on August 31, 2011 by Editor - Finance Top Stories

SymbolPriceChangeBP39.47+0.08XOM73.76-0.15{“s” : “bp,xom”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} MOSCOW (AP) — Russian bailiffs accompanied by armed policemen searched BP’s Moscow office Wednesday because of a minority shareholder’s lawsuit, the company said, calling the action an illegalRead More from the … Continue reading →

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Rebuilding after Irene? Watch for contractor scams

Written on August 31, 2011 by Editor - Finance Top Stories

FILE – In this file photo taken Aug. 30, 2011, a house rests in mud after it was destroyed by Hurricane Irene Sunday in Pittsfield, Vt. Many homeowners who suffered damage from Tropical Storm Irene will have to hire a … Continue reading →

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Dow up for a fourth day, turns positive for 2011

Written on August 31, 2011 by Editor - Finance Top Stories

In this Aug. 25, 2011 photo, traders Patrick McKeon, left, and Richard Deviccaro work on the floor of the New York Stock Exchange. World stock markets rose Wednesday, Aug. 31, as investors put aside concerns over flagging consumer and business … Continue reading →

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Obama to address Congress next week on jobs

Written on August 31, 2011 by Editor - Finance Top Stories

President Barack Obama gestures during a statement in the Rose Garden of the White House in Washington, Wednesday, Aug. 31, 2011, to urge Congress to pass a federal highway bill. (AP Photo/Evan Vucci) WASHINGTON (AP) — President Barack Obama will … Continue reading →

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Brown-Forman posts higher 1Q profit

Written on August 31, 2011 by Editor - Finance Top Stories

SymbolPriceChangeBF-A70.45-0.71{“s” : “bf-a”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} LOUISVILLE, Ky. (AP) — Liquor maker Brown-Forman Corp. mixed a new Jack Daniel’s honey-flavored whiskey with strong sales overseas to come up with a 6 percent increase in its first-quarter profit. … Continue reading →

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Fed stimulus hopes drive stock market rally (AP)

Written on August 31, 2011 by Editor - Stock Markets News

LONDON – World stock markets rallied on Wednesday as investors hoped that the Federal Reserve would respond to mounting signs of weakness in the global economy by providing more stimulus to the U.S. economy. Economic reports have been largely negative … Continue reading →

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Stimulus hopes lift Wall St but telecoms drag (Reuters)

Written on August 31, 2011 by Editor - Stock Markets News

NEW YORK (Reuters) – Stocks rose on Wednesday as another round of soft economic data supported the growing belief the Federal Reserve will take new steps to stimulate growth. The SP 500 has risen in seven of the past eight … Continue reading →

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Dow up for a fourth day, turns positive for 2011 (AP)

Written on August 31, 2011 by Editor - Stock Markets News

NEW YORK – The stock market is having a strong end to a wild month. The Dow Jones industrial average turned positive for the year Wednesday after a surge in factory orders reassured investors that the manufacturing industry is still … Continue reading →

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Flyers sign van Riemsdyk to extension (AP)

Written on August 31, 2011 by Editor - Sports News

PHILADELPHIA – The Philadelphia Flyers have signed James van Riemsdyk to a six-year contract extension. The Flyers and van Riemsdyk announced the news Tuesday, on their Twitter feeds. “Excited to sign a 6 year extension with the NHLFlyers , love … Continue reading →

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To Cut Medicaid Costs, GOP Governors Target Illegal Immigrants

Written on August 31, 2011 by Editor - Health News

By Janet Adamy Republican governors have a new target in their quest to cut Medicaid costs: illegal immigrants. Republican Governors Association Policy Chairman and Mississippi Gov. Haley Barbour, at a news conference to talk about the RGA’s Medicaid reform ideas … Continue reading →

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