Archive for October 20th, 2009

UE asteapta adoptarea bugetului pe 2010 pentru acordarea urmatoarei transe din imprumut

Urmatoarea transa de un miliard de euro din imprumutul acordat de UE Romaniei, ce ar trebui acordata pana la sfarsitul anului, va fi deblocata dupa intrunirea tuturor conditiilor, inclusiv adoptarea bugetului pe 2010, a declarat, pentru NewsIn, Amelia Torres, purtator de cuvant a comisarului pentru Afaceri Economice.

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Fewer home-building permits signal weakness ahead (AP)

Applications for home building permits, a gauge of future construction, fell in September by the largest amount in five months — a discouraging sign for the housing industry.

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Coca-Cola third-quarter sales miss; shares slip (Reuters)

Coca-Cola Co reported lower-than-expected quarterly revenue, hurt by declines across all its businesses, and said a weak economy would keep consumers under pressure next year, sending shares down 2.4 percent.

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Budget head: SD aggressively sought stimulus cash (AP)

Federal stimulus money will be spent regardless of divided opinion over the recovery program, so South Dakota aggressively sought the money because it’s better to have it spent in the state than elsewhere, the head of Gov.

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Pentair 3Q profit down 13 percent on poor economy (AP)

The economic downturn and a resulting drop in sales led Pentair Inc. to report a 13 percent decline in third-quarter profit and reduce its full-year forecast.

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Fitch Rates Minneapolis-St. Paul Metro Airports Commission $157MM Bonds ‘AA-’; Outlook Stable (Business Wire)

NEW YORK—-Fitch Ratings has assigned an ‘AA-’ rating to the Minneapolis-St. Paul Metropolitan Airports Commission’s approximately $157 million senior airport revenue refunding bonds series 2009A and series 2009B, scheduled for negotiated sale during the week Oct. 26, 2009.

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Claymore China All-Cap ETF Has Highest Volume of Any ETF Launch in 2009 (Business Wire)

LISLE, Ill.—-The Claymore/AlphaShares China All-Cap ETF which launched on October 19th, posted trading volume totaling over 1.3 million shares on its first full day of trading. This marks a record first-day volume for any US-listed ETF launched to date in 2009 and the 11th largest first day volume for an US-listed ETF ever.1

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A job seeker is hired in Michigan’s burgeoning film industry (CNNMoney.com)

Getting a job in this economy is tough everywhere, but some local job markets are faring worse than others. And nowhere is it harder to find a job than in Michigan.

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Housing starts hit 590,000, missing expectations (CNNMoney.com)

Initial construction of U.S. homes rose far less than predicted in September, according to a government report released Tuesday.

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Homes: About to get much cheaper (CNNMoney.com)

If you thought home prices were bottoming out, you may be wrong. They’re expected to head a lot lower.

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