Archive for March 3rd, 2010

Asian markets rise as US deals show confidence (AP)

Asian stock markets were mostly higher early Wednesday after U.S. markets rose for a third straight day on confidence that business leaders expect the recovery to stick.

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Postal Service’s emerging model: Never on Saturday (AP)

The post office is renewing its drive to drop Saturday delivery — and plans a rate increase — in an effort to fend off a projected $7 billion loss this year.

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Research and Markets: Hong Kong Tourism Report Q1 2010 (Business Wire)

DUBLIN—-Research and Markets has announced the addition of the “Hong Kong Tourism Report Q1 2010″ report to their offering.

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ADDING and REPLACING Additional RSA Conference 2010 Exhibitor Profiles (Business Wire)

SAN FRANCISCO—-Add exhibitor profile for SRA International to end of list of RSA Conference 2010 exhibitor profiles in this release.

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Mo. lawmakers want Nixon to revise budget plan (AP)

Missouri’s revenues are falling at nearly twice the rate that was projected just two months ago, forcing officials to take a fresh look at merging state agencies, raising fees or making deep cuts to public services.

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Feb. US auto sales plow ahead despite snow, Toyota (AP)

Automakers plowed through a snowy February to better-than-expected sales, and new incentives led by beleaguered Toyota will keep the momentum going into spring.

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Summary Box: Rates (AP)

HOLDING PATTERN: Interest rates made only modest moves in the Treasury market after concerns over Greece’s debt problems eased. Investors expect Germany to orchestrate a bailout.

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Dodd, Corker regulatory offer gets cool reception (AP)

Getting new regulations to govern Wall Street boils down to this: If everybody hates a compromise, can it still work as a deal?

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Movers roundup: Qualcomm, KKR Financial (AP)

Qualcomm Inc. shares jumped after the wireless chip maker boosted its dividend and announced a new $3 billion stock buyback program.

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VeriFone posts quarterly profit, but shares fall (AP)

VeriFone Holdings Inc. posted a profit in the latest quarter as the maker of electronic payment equipment benefited from higher sales.

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