Archive for December 2nd, 2009
Senator moves to block Bernanke confirmation (AP)
Posted by Bancherul.com in Finance News on December 2nd, 2009
Irked by the Federal Reserve’s bailout of Wall Street, Sen. Bernie Sanders of Vermont said Wednesday that he will seek to block the Senate from confirming Ben Bernanke to a second term as chairman of the nation’s central bank.
Sen. Bernie Sanders puts hold on Bernanke’s 2nd term (CNNMoney.com)
Posted by Bancherul.com in Finance News on December 2nd, 2009
On the eve of what’s expected to be a tough confirmation hearing Thursday, one senator has thrown up a political roadblock intended to stymie Federal Reserve Chairman Ben Bernanke’s second term.
Fed officials say timing exit difficult (Reuters)
Posted by Bancherul.com in Finance News on December 2nd, 2009
Federal Reserve officials sounded a relatively upbeat note on the U.S. economy on Wednesday, but warned timing withdrawal of the bank’s extraordinary support for the economy will prove difficult.
Neb. company poised to lose organic certification (AP)
Posted by Bancherul.com in Finance News on December 2nd, 2009
Promiseland Livestock will lose its organic certification for four years unless it appeals a ruling issued last month because the company kept inadequate records and refused to let USDA inspectors review the records it did have.
Tilt To Growth Is A Winner For Alger Funds (Investor’s Business Daily)
Posted by Bancherul.com in Finance News on December 2nd, 2009
Many fund companies that focus on growth have added value and other styles to the lineup. At Fred Alger Management, the emphasis remains on growth.
Big-Cap Growth Led In November On Wings Of Rally (Investor’s Business Daily)
Posted by Bancherul.com in Finance News on December 2nd, 2009
The precious metals sector led stock funds in November as they snapped back from declines in October. Bond funds invested in Treasuries generally…
China’s Reluctance To Let Yuan Rise Is Mixed Bag For U.S. (Investor’s Business Daily)
Posted by Bancherul.com in Finance News on December 2nd, 2009
Chinese leaders have so far resisted U.S. and global calls to let the yuan rise vs. the dollar. At least from their perspective, they see good…
Economy – Wednesday (Investor’s Business Daily)
Posted by Bancherul.com in Finance News on December 2nd, 2009
U.S. bailout program to end soon
Collective Brands reports lower 3Q profit (AP)
Posted by Bancherul.com in Finance News on December 2nd, 2009
Shoe retailer Collective Brands Inc. said Wednesday its third-quarter profits fell 22 percent but its sales rose slightly thanks to factors including a plug from Oprah Winfrey.
‘Job Summit’ Ignores Job Creators (Investor’s Business Daily)
Posted by Bancherul.com in Finance News on December 2nd, 2009
Recovery: The White House will hold its jobs summit Thursday. Don’t expect this administration, so deeply devoted to government, to actually do…
