Archive for October 1st, 2009

Economy sends numerous signals of rebound (AP)

Consumer spending, the bulwark of economic growth, is showing signs of life as the economy transitions from recession to recovery.

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Multimedia, Inc. Releases its 2010 Media Kit and Starts Celebrating its 20th Anniversary (Business Wire)

ORLANDO, Fla.—-Multimedia, Inc. , the leading U.S. based international media representative, released its 2010 Media Kit today, with information and rates for all its exclusively represented media from Latin America, Europe, Asia, and the Middle East.

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Balqon Corporation Introduces Zero Emissions Heavy-Duty Electric Truck Designed for Short Haul Delivery Applications at the Governors’ Global Climate Summit in Los Angeles (Business Wire)

HARBOR CITY, Calif.—-Balqon Corporation , an emerging developer and manufacturer of zero emissions heavy-duty electric vehicles for Class 7 and Class 8 applications, today announced the release of its lithium-ion battery powered heavy-duty electric truck designed for use in on-highway short haul applications.

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Survey: China manufacturing expanded in September (AP)

China’s manufacturing expanded at a faster pace in September, supporting an economic recovery spurred by massive stimulus spending, a survey showed Thursday.

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Business confidence in Japan up for second quarter (AP)

Business confidence among Japanese companies has improved for the second straight quarter amid an emerging recovery in global trade, the central bank said Thursday.

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Bernanke asks Congress to empower regulators (AP)

Federal Reserve Chairman Ben Bernanke says federal regulators should be responsible for ensuring that the financial institutions they oversee don’t become so big and unwieldy that their failure could bring down the economy.

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Deal would offer $350M for struggling milk farmers (AP)

Lawmakers from dairy-producing states announced agreement Wednesday on $350 million in aid for struggling milk farmers. Some $290 million would go for direct support of dairy farmers under a program to be devised by the Agriculture Department, according to Rep.

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Business Highlights (AP)

The unfolding economic recovery will probably lose some momentum in the final three months of the year as rising unemployment and still hard-to-get credit weigh on consumers.

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Wall Street sags on Chicago PMI, but Q3 ends strong (Reuters)

Stocks fell on Wednesday after a surprising contraction in an index of Midwest business activity, but buying of technology bellwethers like Cisco Systems Inc at the end of a strong quarter limited losses.

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Movers roundup: Allscripts-Misys, Orexigen (AP)

Shares of electronic health records company Allscripts-Misys Healthcare Solutions Inc. rose to their highest price in nearly two years after the health records company reported quarterly results above analyst estimates.

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