Archive for August 19th, 2009
LaHood says car dealers will ‘get their money’ (AP)
Posted by Bancherul.com in Finance News on August 19th, 2009
Transportation Secretary Ray LaHood assured car dealers Wednesday that they will be reimbursed for the money they have fronted to customers buying cars under the Cash for Clunkers program, responding to complaints over a backlog of rebate payments.
Consumers to benefit as credit card law debuts (Reuters)
Posted by Bancherul.com in Finance News on August 19th, 2009
U.S. consumers will see on Thursday the first signs of the biggest overhaul of the credit card industry in at least two decades, as companies will be forced to provide customers with more time to pay their bills and be required to give more warning of contractual changes.
Cardiovascular Systems Reports Fiscal Fourth-Quarter and Full-Fiscal 2009 Financial Results (Business Wire)
Posted by Bancherul.com in Finance News on August 19th, 2009
ST. PAUL, Minn.—-Cardiovascular Systems, Inc. , a medical device company developing and commercializing innovative interventional treatment systems for vascular disease, today reported financial results for its fourth quarter and fiscal year ended June 30, 2009.
HHS Issues Rule Requiring Individuals Be Notified of Breaches of Their Health Information (Business Wire)
Posted by Bancherul.com in Finance News on August 19th, 2009
WASHINGTON—-New regulations requiring health care providers, health plans, and other entities covered by the Health Insurance Portability and Accountability Act to notify individuals when their health information is breached were issued today by the U.S.
Wall Street gains as oil lifts mood (Reuters)
Posted by Bancherul.com in Finance News on August 19th, 2009
Stocks rose on Wednesday, shaking off a slide in Chinese stocks, as investors responded favorably to a surprising drop in crude oil stockpiles that might suggest an improving demand outlook.
Palm shares fall after sour earnings prediction (AP)
Posted by Bancherul.com in Finance News on August 19th, 2009
Shares of Palm Inc. slipped Wednesday after a CL King analyst predicted the smart phone maker will miss profit forecasts for its next fiscal year.
Southwest Airlines shares fall after downgrade (AP)
Posted by Bancherul.com in Finance News on August 19th, 2009
Southwest Airlines Co. shares fell Wednesday after an analyst downgraded the stock to “Sell,” saying the shares were overpriced because the carrier is profitable but not growing.
Major business events scheduled for Thursday (AP)
Posted by Bancherul.com in Finance News on August 19th, 2009
Cyberonics shares drop after downgrade to ‘Hold’ (AP)
Posted by Bancherul.com in Finance News on August 19th, 2009
Shares of medical device maker Cyberonics Inc. fell Wednesday after a Canaccord Adams analyst downgraded the company, saying a Belgian biopharmaceutial company’s new anti-seizure drug will slow Cyberonics’ patient growth and drag on sales growth.
Sector Snap: Entertainment stocks rise on comments (AP)
Posted by Bancherul.com in Finance News on August 19th, 2009
Entertainment media stocks rose Wednesday with UBS suggesting investors are underestimating the potential for a rebound in advertising markets.
