Wednesday, 22 February 2012
Business
Home sales jump more than 4 percent in January (AP)

22.02.2012 17:32   1 views   0 comments
From: us.rd.yahoo.com


A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province February 18, 2012. China's home prices fell in January from December, marking the fourth monthly fall in a row and showing that the policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world's second-largest economy. REUTERS/Stringer (CHINA - Tags: BUSINESS REAL ESTATE CONSTRUCTION EMPLOYMENT)AP - Sales of previously occupied homes rose in January to the highest pace in nearly two years, a hopeful sign ahead of the spring-buying season.


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JPMorgan, Citi, BofA sued for $949 million by Sealink (Reuters)

22.02.2012 17:17   1 views   0 comments
From: us.rd.yahoo.com


Reuters - JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and more than a half dozen other major banks are being hit with a new lawsuit over $949 million in residential mortgage-backed securities. Read more »

Wall Street flat after housing data; S&P near key level (Reuters)

22.02.2012 17:03   2 views   0 comments
From: us.rd.yahoo.com


Traders work on the floor of the New York Stock Exchange February 21, 2012. REUTERS/Brendan McDermidReuters - Stocks were little changed on Wednesday as an encouraging U.S. housing report offset soft euro zone data, while the S&P 500 struggled to break through a high not seen since last May.


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Greek lawmakers rush to clear promised austerity (AP)

22.02.2012 16:43   2 views   0 comments
Tags: Greek, Greece
From: us.rd.yahoo.com


AP - Greece scrambled Wednesday to push through a batch of emergency laws that will further cut incomes and state spending, a day after securing a new bailout and debt relief deal designed to stave off bankruptcy. Read more »

Existing home sales at 1-1/2 yr-high, supply falls (Reuters)

22.02.2012 16:43   2 views   0 comments
Tags: January
From: us.rd.yahoo.com


A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province February 18, 2012. China's home prices fell in January from December, marking the fourth monthly fall in a row and showing that the policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world's second-largest economy. REUTERS/Stringer (CHINA - Tags: BUSINESS REAL ESTATE CONSTRUCTION EMPLOYMENT)Reuters - U.S. home resales surged in January to a 1-1/2 year high and the supply of properties on the market was the lowest in almost seven years, pointing to a nascent housing recovery.


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MOEK settlement brings money to Mississippi (AP)

22.02.2012 16:31   3 views   0 comments
Tags: Mexico, Gulf
From: us.rd.yahoo.com


AP - Mississippi's share of a settlement from a minority partner in BP's blown-out well in the Gulf of Mexico will go into the state's Pollution Emergency Fund. Read more »

Greek lawmakers rush to clear promised austerity (AP)

22.02.2012 16:30   2 views   0 comments
Tags: Greek, Greece
From: us.rd.yahoo.com


A pedestrian passes outside a pawnshop in Athens, Tuesday, Feb. 21, 2012. Greeks are uneasily digesting the news that their country will likely avoid defaulting on its debt mountain next month and that the euro should remain their currency, at least for the time being. The billboard reads ''Prices,'' left, and ''Pawnshop'' in vertical. (AP Photo/Thanassis Stavrakis)AP - Greece scrambled Wednesday to push through a batch of emergency laws that will further cut incomes and state spending, a day after securing a new bailout and debt relief deal designed to stave off bankruptcy.


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Existing home sales at 1-1/2 yr-high, supply falls (Reuters)

22.02.2012 16:27   3 views   0 comments
Tags: January
From: us.rd.yahoo.com


A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province February 18, 2012. China's home prices fell in January from December, marking the fourth monthly fall in a row and showing that the policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world's second-largest economy. REUTERS/Stringer (CHINA - Tags: BUSINESS REAL ESTATE CONSTRUCTION EMPLOYMENT)Reuters - U.S. home resales surged in January to a 1-1/2 year high and the supply of properties on the market was the lowest in almost seven years, pointing to a nascent housing recovery.


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Home sales jump more than 4 percent in January (AP)

22.02.2012 16:22   3 views   0 comments
From: us.rd.yahoo.com


A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province February 18, 2012. China's home prices fell in January from December, marking the fourth monthly fall in a row and showing that the policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world's second-largest economy. REUTERS/Stringer (CHINA - Tags: BUSINESS REAL ESTATE CONSTRUCTION EMPLOYMENT)AP - Sales of previously occupied homes rose in January to the highest pace in nearly two years, flashing modest signs of health ahead of the spring-buying season.


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Citi, UBS provide keys to interest rate-rigging probe: sources (Reuters)

22.02.2012 16:17   4 views   0 comments
From: us.rd.yahoo.com


Reuters - Citigroup Inc and UBS AG , in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest rate, according to people familiar with the situation. Read more »

Existing home sales at 1-1/2 yr-high, supply falls (Reuters)

22.02.2012 16:06   4 views   0 comments
Tags: January
From: us.rd.yahoo.com


A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province February 18, 2012. China's home prices fell in January from December, marking the fourth monthly fall in a row and showing that the policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world's second-largest economy. REUTERS/Stringer (CHINA - Tags: BUSINESS REAL ESTATE CONSTRUCTION EMPLOYMENT)Reuters - U.S. home resales surged in January to a 1-1/2 year high and the supply of properties on the market was the lowest in almost seven years, pointing to a nascent housing recovery.


Read more »

Home sales jump more than 4 percent in January (AP)

22.02.2012 16:04   4 views   0 comments
Tags: January, Hong
From: us.rd.yahoo.com


A labourer selects wooden planks as he works at a residential construction site in Hefei, Anhui province February 18, 2012. China's home prices fell in January from December, marking the fourth monthly fall in a row and showing that the policy-driven property market downturn is deepening, which will add to worries about a hard landing in the world's second-largest economy. REUTERS/Stringer (CHINA - Tags: BUSINESS REAL ESTATE CONSTRUCTION EMPLOYMENT)AP - Home sales rose in January to the highest pace in nearly two years, flashing signs of health ahead of the spring-buying season.


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Wall Street opens slightly lower (Reuters)

22.02.2012 15:44   4 views   0 comments
From: us.rd.yahoo.com


Traders work on the floor of the New York Stock Exchange February 21, 2012. REUTERS/Brendan McDermidReuters - Stocks opened slightly lower on Wednesday, putting the S&P 500's three-day winning streak in jeopardy after weaker-than-expected euro zone economic data.


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Peugeot in alliance talks with GM (AP)

22.02.2012 15:29   4 views   0 comments
From: us.rd.yahoo.com


AP - PSA Peugeot Citroen is in talks over a possible alliance with Detroit-based General Motors, a deal that could dwarf France's leading car maker's existing partnerships with BMW, Mitsubishi Motors and Toyota. Read more »

Take Two: Can a Second Bailout Save Greece? (Time.com)

22.02.2012 15:20   4 views   0 comments
From: us.rd.yahoo.com


Time.com - After months of delays, arguments and doubts, euro zone finance ministers agreed on a second, $170 billion bailout of beleaguered Greece in the early hours of Tuesday morning Read more »

Citi, UBS provide keys to interest rate-rigging probe - sources (Reuters)

22.02.2012 15:19   3 views   0 comments
From: us.rd.yahoo.com


Reuters - sources Read more »

Fitch downgrades Greece on debt swap plan (Reuters)

22.02.2012 15:04   4 views   0 comments
Tags: Greece
From: us.rd.yahoo.com


Reuters - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden. Read more »

EU Council Prez Van Rompuy set to get 2nd term (AP)

22.02.2012 15:04   4 views   0 comments
From: us.rd.yahoo.com


AP - Herman Van Rompuy, who has attempted to guide the European Union through severe financial turmoil, will likely be reappointed president of the European Council at a meeting of the bloc's leaders next week, an EU official said Wednesday. Read more »

MGM Resorts 4th-quarter loss narrows, revenue up (AP)

22.02.2012 15:03   5 views   0 comments
From: us.rd.yahoo.com


AP - MGM Resorts International narrowed its loss in the fourth quarter, as revenue climbed and occupancy improved at its Las Vegas Strip properties. Read more »

Obama to propose corporate tax rate of 28 percent (Reuters)

22.02.2012 14:22   5 views   0 comments
Tags: Obama
From: us.rd.yahoo.com


Reuters - The Obama administration on Wednesday will propose cutting the top tax rate for corporations to 28 percent, and pay for it by eliminating dozens of tax loopholes companies now use to lower their rates, a senior administration official said. Read more »

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