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RussiaHerald.com Friday 19th March 2010 Volume 2010/78
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Gordon Brown says BA strike unecessaryGordon Brown says BA strike unecessary
The UK Prime Minister has put pressure on British Airways cabin crew to call off a series of...


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Surge in electric vehicle sales in USSurge in electric vehicle sales in US
The biggest rollout of charging stations is about to occur in eleven major US cities for the purpose of charging the new generation of electric cars from Nissan and General Motors, which are mooted to go on sale at the end of this...
Irish bank chief accused of fraudIrish bank chief accused of fraud
The former chairman of Anglo Irish Bank was taken in for questioning by Irish police on Thursday about alleged financial...
UK Chancellor pledges major cut in deficitUK Chancellor pledges major cut in deficit
In the UK, Chancellor Alistair Darling has pledged to cut the budget deficit by...
EU could be embarrassed by Greek requests for moneyEU could be embarrassed by Greek requests for money
Greece's financial prospects have taken another bad turn with suggestions that Athens might ask the International Monetary Fund for aid early next month if it cannot get a formal aid plan from the...
Scotland passengers expect meagre BA serviceScotland passengers expect meagre BA service
Scotland is expecting to be hit hard by the British Airways strike with flights to and from Scotland among the routes that will suffer from a three-day strike by British Airways cabin...
Customers say their Toyota's are still not fixedCustomers say their Toyota's are still not fixed
Some cars which have been repaired under the Toyota recall system have had questions raised about the effectiveness of the...
U.S. stocks mixed, blue chips advance, techs dip U.S. stocks mixed, blue chips advance, techs dip
While the Dow continues to work its way higher, the broader market was flat...
Apple announces sudden death of director York
Apple Inc has announced the death of one of its directors, Jerry...
New luxury apartments handed over in DubaiNew luxury apartments handed over in Dubai
A set of new luxury residences have been handed over to owners in...
Prostitutes paid out of Ponzi slush fundProstitutes paid out of Ponzi slush fund
A New Zealand investment banker has been jailed after spending millions of dollars of clients money on...
US stocks mixed on hopes of economic recovery, low inflation
Major US stock indices were mixed Thursday as government figures showed consumer prices were flat in February and a private research group's gauge of the economy signalled a slow but continuing...
China Sends Trade Envoy To Washington, Calls On Us To Cool 'emotionalization' On Currency
BEIJING - China is sending a Cabinet official to Washington in a bid to defuse trade tensions, the government said Friday, as it called on U.S. leaders to cool the "politicization and...
Nuts And Popcorn Maker Diamond Foods Says Kettle Deal To Close By The End Of March
SAN FRANCISCO - Diamond Foods expects its buyout of the maker of Kettle potato chips to close by the end of the month and boosted its guidance for the second half of the year. Previously the deal...
Wall Street News Alert: Breaking News: Uymg - March 19, 2010
UYMG ) issued a press release announcing that it will retire and eliminate 260,000,000 shares from its treasury of authorized shares which was originally 500,000,000. The new amount of authorized...
Lloyds Banking Group Profits To Return This Year
(MENAFN - Khaleej Times) Turkey has embarked on a major campaign to attract more tourists and investors from the Gulf countries this year, a senior Turkish tourism official said on Thursday. ...
Wall Street News Alert: Stock To Watch: Uymg - March 19, 2010
UYMG ) issued a press release announcing that it will retire and eliminate 260,000,000 shares from its treasury of authorized shares which was originally 500,000,000. The new amount of authorized...
Earnings Watch: Updates, Advisories And Surprises
-10.38% ) shares fell 10% to $19.85 in after-hours trading late Thursday after the solar panel maker said it expects adjusted 2010 earnings of $1.25 a share to $1.65 a share. Wall Street analysts...
Market Snapshot: U.s. Stocks Open Higher, Led By Boeing
NEW YORK (Dow Jones) -- U.S. stocks opened slightly higher Friday, led by the industrial sector after Boeing said it would boost aircraft production on an expected increase in demand. The Dow...
Metals Stocks: Gold Futures Slump As Dollar Rises
NEW YORK (MarketWatch) -- Gold and other metals futures sank further on Friday as uncertainty about what entity will help Greece with its debts gave another boost to the dollar. Gold for April...
Futures Movers: Crude Drops As Greek Doubts Lift Dollar
NEW YORK (MarketWatch) -- Crude oil futures were lower on Friday, but held onto a small weekly gain, as uncertainty about aid to Greece kept the euro under pressure, lifting the dollar and weighing...
Bond Report: Treasurys On Weak Footing As Auctions Approach
NEW YORK (MarketWatch) -- Treasury prices fell Friday, pushing short-term yields slightly higher, as bond traders' attention turns to the $118 billion in short-term debt the government will sell next...
Before The Bell: Palm, Best Buy, Lehman Brothers In The Spotlight
U.S. stock futures on Friday pointed to a re-run of the prior aimless session, with the market focusing on individual companies like Palm Inc. following the handset maker's light sales...
Lloyds Banking Group Expects Profit This Year
Britain's Lloyds Banking Group PLC said Friday it expects to report a profit this year as trading has so far been strong and provisions for bad assets are not as large as previously forecast.In a...
Icahn Offers To Buy All Outstanding Lions Gate Shares
March 19 (Bloomberg) -- Carl Icahn offered to buy all outstanding shares of Lions Gate Entertainment Corp. after the film studio rejected his proposal to purchase 13.2 million shares. The stock...
Fargo, North Dakota, Faces Near-record Flood Crest This Weekend
March 19 (Bloomberg) -- The Red River of the North is expected to start cresting the day after tomorrow in Fargo, North Dakota, about 3 feet below last year’s record of 40.8 feet (12.4 meters),...
Traders Push Market Rally Into Ninth Day
Palm Inc. reported late Thursday a wider than expected quarterly loss, and warned about its current quarter sales. The company said its having a difficult time getting consumers to pay attention to...
China Tells Washington To Cool Yuan Pressure
In this March 5, 2010 file photo, a tractor truck transports one of shipping containers at Yangshan deep-water port in Shanghai, China. China has called on Washington to cool its "politicization and...
Want A Bigger Tax Refund? Don’t Itemize
Then they're told by their tax professionals, (or discover while using software such as Intuit's TurboTax or H&R Block's At Home) that all their conscientious record keeping is for naught. Those...
Rmt Signal Staff Vote For Strikes
Railway signal workers have voted in favour of strikes in a row over jobs and safety, the RMT union has said.The strikes are over Network Rail plans to cut jobs and for more maintenance work to take...
Black Horse Leaps As Lloyds Predicts Profit
part-nationalised bank said bad debts were falling faster than it had anticipated, leaving it confident of bouncing back from 2009's £6.3bn loss. Shares in the group, which is 41% taxpayer-owned...
Directv Cut To Hold By Citi
LONDON -- DirecTV was cut to hold from buy at Citi, citing the group's premium valuation compared to Dish . There's only modest upside assuming stable churn and large buybacks.Copyright © 2010...
Fdic's Bair: We Should Limit Small Bank Burdens
WASHINGTON - A key regulator on Friday told small bankers that officials at the Federal Deposit Insurance Corp. worked very hard to persuade House and Senate lawmakers to exempt banks with less than...
Goldman Cuts Estimates For Capital-markets Firms
BOSTON -- Goldman Sachs analysts on Friday lowered their profit forecasts for J.P. Morgan & Co. , Bank of America Corp. , Morgan Stanley , Jefferies Group Inc. and Piper Jaffray Cos. by an average...
Boeing To Speed Up 777, 747 Production
NEW YORK -- Boeing said Friday it will accelerate production of both the 777 and 747 jet programs. "Market improvement and our conservatively managed approach to production have put us in a position...
Press Release: Fitch: French Regions Face Pressure On Public Finances
Fitch Ratings-London/Paris-19 March 2010: Fitch Ratings says in a special report that French regions' finances are likely to be challenged, in the coming years, by stagnating revenue and continued...
J.p. Morgan Sees Better Profits For Railroads
NEW YORK -- J.P. Morgan analysts on Friday raised their 2010 and 2011 profit outlooks for the major railroads in the U.S. and Canada, including Canadian National Railway Co. , Canadian Pacific...
Press Release: Fitch Affirms Berica Series Italian Rmbs Transactions
Fitch Ratings-London-19 March 2010: Fitch Ratings has today affirmed all tranches of the Italian Berica RMBS transactions, reflecting current adequate credit enhancement levels, stabilising...
J.p. Morgan Raises Profit Estimate For Kohl's
NEW YORK -- J.P. Morgan raised its first-quarter profit estimate on mid-priced department store operator Kohl's Corp. to 55 cents from 50 cents a share and kept its overweight rating and a $60 price...
Treasurys Head Towards Weekly Gain
NEW YORK -- Treasury prices rose on Friday, pushing long-term yields down and towards a weekly decline, in quiet trading with no U.S. economic data scheduled. "There is still tremendous demand for...
German Finance Minister: No Tax Cut Plans Before May Elections
BERLIN -(Dow Jones)- The German government won't announce its plans for tax cuts that have divided the center-right coalition before crucial state elections in May, Finance Minister Wolfgang...
Lloyds Says To Return To Profit This Year
LLOY.L ) said on Friday it would return to profit this year thanks to a bigger than expected drop in bad debts, wrong-footing forecasts for another loss and sending its shares sharply...
Palm Revenue Forecast Lower Than Analyst Estimates
Jon Rubinstein, chairman and chief executive of Palm, speaks in front of images of the new palm Pre Plus (L) and Palm Pixi Plus during a news conference at the 2010 International Consumer Electronics...
Google May Announce China Plans Next Monday: Report
A man walks past the Google logo in front of its China headquarters building in Beijing. The search engine giant is set to make an announcement on its plans in China next...
Barrick Gold Ipo To Raise Us$834-million
Barrick Gold Corp. announced it will raise about US$834-million from the initial public offering of its African subsidiary. The new company, called African Barrick Gold PLC, will start trading on...
Cn Reaches Contract Agreement With Engineers
Canadian National Railway Co. announced the terms of a new three-year collective agreement with 1,700 of its engineers Friday that was reached under federal arbitration. The engineers, who are...
Stock Futures Signal Mixed Open; Palm Eyed
Stock index futures pointed to a mixed opening on Friday, with futures for the S&P 500 down 0.02 percent, Dow Jones up 0.1 percent and Nasdaq 100 down 0.01 percent at 1008 GMT (6:08 a.m. ET). ...
Agnico-eagle Mines To Receive Financing To Pay Down Debt
Canadian gold producer Agnico-Eagle Mines Ltd. said Friday it will make a private placement worth $600-million in unsecured notes, used to pay down existing debt. The company said in a release...
Banks Lift Stocks; Greece Woes Dent Euro
LONDON -- European shares rose modestly on Friday, lifted by gains in banking stocks, but concerns over Greece's large debt burden remained, keeping the euro on the back foot against the dollar. ...