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WELT ONLINERussia says Ukraine blocking gas transit monitors
Reuters - 39 minutes ago
MOSCOW, Jan 9 (Reuters) - Russian gas export monopoly Gazprom (GAZP.MM) accused Ukraine on Friday of blocking Gazprom representatives from taking part in a commission to monitor gas transit to Europe.
Video: Ukraine is blackmailing us Putin RussiaTodayDeal Struck to End Gas Cutoff New York Times
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OTC:OGZPY
Globe and MailWal-Mart and the Retail-Stock Markdown
BusinessWeek - 7 hours ago
By Ben Steverman Sometimes low prices aren’t enough. The outlook for retailers has turned so bleak that even Wal-Mart (WMT) is feeling the effects of the consumer slowdown.
Video: Jan 8: Stocks Boosted by Mortgage Deal AssociatedPressWall Street Nervous Ahead Of Jobs Report RTT News
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WMT - M - GPS
Boston GlobepaidContent.org - Yahoo ‘Close’ To Finding A CEO; Autodesk’s Bartz …
Washington Post - 31 minutes ago
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain “signatures” by someone other than the actual author will be removed.
Yahoo Nears End of Search for a CEO Wall Street Journal
Yahoo! Closer to Naming New CEO: Report TheStreet.com
CNET News - Inquirer - RTT News - ZDNet
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YHOO - ADSK
AFPPanasonic May Miss Sales Goal, to Cut Panel Spending
Bloomberg - 1 hour ago
By Hiroshi Suzuki Jan. 9 (Bloomberg) — Panasonic Corp., the world’s largest consumer-electronics maker, said the company will probably miss its sales target and cut planned investment in two flat-panel factories as the global economic slump erodes …
Panasonic Cuts Flat-screen TV Plant Outlays By $1.4 Billion FOXBusiness
Panasonic to cut flat TV investment by 22%-media Reuters
Forbes - AFP - WELT ONLINE - AHN
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PC
Spiegel OnlineMost Stocks in Germany Decline; Commerzbank, Infineon Retreat
Bloomberg - 2 hours ago
By Stefanie Haxel Jan. 9 (Bloomberg) — Most German stocks declined as analysts downgraded Commerzbank AG and Infineon Technologies AG and investors speculated a report today will show the US job market is deteriorating.
Commerzbank’s Political Ploy Forbes
Commerzbank drops again on Dresdner deal cost Reuters
Economist - MarketWatch - AFP - Business Insurance
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OTC:CRZBY - IFX
BBC NewsSatyam Scandal Needs Fast Probe as Stocks Slide, Executives Say
Bloomberg - 53 minutes ago
By Subramaniam Sharma Jan. 9 (Bloomberg) — India should act quickly to shore up investor confidence after an alleged accounting fraud at Satyam Computer Services Ltd.
Satyam not seen scaring foreign investors off India Reuters
SEBI team goes to Raju’s house; house locked Indian Express
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SAY
Boston GlobeRenault Reports 29% Sales Drop, Turns to Megane for Redemption
Bloomberg - 1 hour ago
By Laurence Frost Jan. 9 (Bloomberg) — Renault SA, France’s second-biggest carmaker, reported a 29 percent drop in December sales and said it’s relying on new versions of the Megane hatchback and Scenic minivan to help win market share this year.
Renault vehicle sales drop sharply amid crisis The Associated Press
Renault sold more than 4 per cent fewer cars worldwide in 2008 Monsters and Critics.com
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EPA:RNOGalapagos partners with Merck, shares jump
Reuters - 59 minutes ago
AMSTERDAM, Jan 9 (Reuters) - Shares in biotech company Galapagos (GLPG.BR) rose on Friday after it signed a multi-year deal with Merck & Co (MRK.
Galapagos enters strategic alliance in diabetes and obesity with … FOXBusiness
STOCKS NEWS EUROPE-Galapagos soars after Merck deal announced Reuters UK
RTT News
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AMS:GLPGA - MRKBrazil’s inflation slows more than forecast in Dec
Reuters - 41 minutes ago
SAO PAULO, Jan 9 (Reuters) - Inflation in Brazil eased more than expected in December and closed 2008 within the government’s target, data showed on Friday, paving the way for the central bank to cut interest rates to avert a major economic slowdown.
Brazil’s Consumer Prices Rose 0.28% in December From November Bloomberg
Brazil’s IPCA price index slows to 0.28 pct in Dec Forbes
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Dividend.comAmeritrade Deal Aims to Aid Push Into Options
Wall Street Journal - 7 hours ago
By BRETT PHILBIN NEW YORK — TD Ameritrade Holding Corp. agreed to acquire thinkorswim Group Inc. for $606 million in cash and stock, in a move to push further into the fast-growing options market and build up its investor-education programs.
TD Ameritrade Dives into Thinkorswim BusinessWeek
TD Ameritrade To Buy Thinkorswim For $606 Million CNNMoney.com
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AMTD - SWIM
Boston GlobeS Korea cuts rates as woes deepen
BBC News - 1 hour ago
South Korea’s central bank has slashed interest rates by half a percentage point to a record low of 2.5%, in the latest attempt to fend off recession.
Bank of Korea Cuts Rate to Record as Recession Looms Bloomberg
South Korea cuts rates, automaker seeks protection Reuters
Wall Street Journal - The Associated Press - Korea Herald - Alibaba News Channel
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Dividend.comEU Clears Dow Chemical To Acquire Rohm & Haas
CNNMoney.com - 3 hours ago
BRUSSELS -(Dow Jones)- The European Commission Friday cleared US chemical giant Dow Chemical Co. (DOW) to acquire specialty chemicals producer Rohm & Haas Co.
Dow Chemical Gets a Deal Approval Wall Street Journal
EU exec clears Dow Chemical’s buy of Rohm & Hass Reuters
AHN - Detroit Free Press - Forbes - Bloomberg
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DOW - ROHASMI plans restructuring, to cut 200 Dutch jobs
Reuters - 4 hours ago
AMSTERDAM, Jan 9 (Reuters) - Struggling Dutch chip equipment maker ASM International (ASMI.AS) plans to move part of its operations from the Netherlands to Asia, affecting about 200 jobs, it said on Friday.
ASM International increases pace of manufacturing shift to Singapore Fabtech
ASM Int’l To Migrate The Netherlands Unit, Cut Jobs - Update RTT News
ABN Newswire (press release) - Euronext (persbericht) - EETimes.com
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ASMI
Money High StreetLong-Term Mortgage Rate Falls Again
Wall Street Journal - 6 hours ago
By AMY HOAK Long-term home-mortgage rates dropped again this week, with the 30-year fixed-rate mortgage hitting a fourth consecutive low in the history of Freddie Mac’s weekly survey.
Average Mortgage Rate Hits 5%, Lowest in Decades New York Times
CORRECTED - UPDATE 2-US mortgage rate drops 10th week, to record low Reuters
AHN - Bizjournals.com - San Francisco Chronicle - Boston Globe
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FRE
ReutersLehman deal on private equity close
Reuters - 2 hours ago
By Megan Davies NEW YORK (Reuters) - Lehman Brothers has reached an agreement in principle to sell its merchant banking business, made up of two private equity funds, to management of the funds, a source familiar with the situation said on Thursday.
Lehman to Spin Out Private Equity: Report TheStreet.com
Lehman Deal Spins Off Part of Private Equity Unit Into Independent … New York Times
Bloomberg - Wall Street Journal - MarketWatch - RTT News
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OTC:LEHMQ
TVNZMerrill’s chief Asia strategist leaves firm - sources
Reuters - 3 hours ago
By Saeed Azhar SINGAPORE, Jan 9 (Reuters) - Mark Matthews, the chief Asia strategist at Merrill Lynch, has left the firm as part of restructuring after the US bank was taken over by Bank of America (BAC.
Merrill Lynch’s Chief Asia Strategist Leaves Company - Source CNNMoney.com
Merrill’s investment banking chief quits Financial Times
Bloomberg - Wall Street Journal - Forbes - Bloomberg
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BAC - MER
St. Louis Post-DispatchUPDATE 1 - InBev completes pricing of $5 bln note issue
Reuters - 3 hours ago
BRUSSELS, Jan 9 (Reuters) - Anheuser-Busch InBev (INTB.BR: Quote, Profile, Research), the world’s largest brewer, said on Friday it has completed the pricing of $5 billion bond issue and will use the cash raised to refinance and repay debts.
AB Inbev issues $5 bln in bonds AFP
AB InBev transfers Bevo Mill to St. Louis city Bizjournals.com
St. Louis Post-Dispatch - just-drinks.com (subscription) - MyFox Saint Louis - The Times and Democrat
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EBR:ABI
guardian.co.ukMadoff Assets in Brokerage, Homes, Boats Valued at $1 Billion
Bloomberg - 5 hours ago
By Linda Sandler Jan. 9 (Bloomberg) — Victims of Bernard Madoff’s alleged $50 billion Ponzi scheme may have access to as little as $1 billion in assets to satisfy their claims, based on the value of his defunct brokerage, real estate, boats, …
Madoff had $173 mln in checks ready, US says Reuters
Prosecutors: Madoff hoarded $300M CNNMoney.com
New York Times - Newsday - guardian.co.uk - Baltimore Sun
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USA TodayThrift stores exempted from new lead-testing law
Houston Chronicle - 5 hours ago
By DAVID ELLISON Copyright 2009 Houston Chronicle Employee Linda Lewis arranges toys Wednesday at the Goodwill store on the Katy Freeway.
New Law Could Hurt Resale Biz WXYZ
New rules on toys could spell doom USA Today
Mail Tribune - SunJournal.com - Wall Street Journal - Bloomberg
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Thaindian.comMagnitude 4.5 quake felt across Southern California
Los Angeles Times - 4 hours ago
The temblor, centered about a mile south of San Bernardino, caused no major damage, authorities said. By David Kelly and Jia-Rui Chong An earthquake estimated at magnitude 4.5 centered about a mile south of San Bernardino jolted Southern California on …
Quake rattles Southern Calif.; no damage reported The Associated Press
4.5 quake strikes near San Bernardino, felt in valley The Desert Sun
AFP - MyFox Los Angeles - Justice News Flash - AHN
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