Thursday, March 11, 2010

UPDATYE 1-A-Power Energy, 2 others to develop 1.1 GW plant

March 11, 2010 by Muhammad Qasim · Leave a Comment 

UPDATYE 1-A-Power Energy, 2 others to develop 1.1 GW plant

March 11 (Reuters) – A-Power Energy Generation Systems Ltd
, the U.S. Renewable Energy Group and American Nevada
Group said they would jointly develop a production and assembly
plant in Nevada with an annual production capacity of 1.1
Gigawatts.

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UPDATYE 1-A-Power Energy, 2 others to develop 1.1 [...]

UPDATE 1-Galleon says reviewing strategic options including sale

March 11, 2010 by Muhammad Qasim · Leave a Comment 

UPDATE 1-Galleon says reviewing strategic options including sale

March 11 (Reuters) – Canada’s Galleon Energy Inc
said it was reviewing strategic alternatives, including the
sale of the company or a portion of its assets.
The board is in the process of formally retaining GMP
Securities LP, Cormark Securities Inc and Macquarie Capital
Markets Canada Ltd, as financial advisors, the company [...]

Stock futures down on Chinese CPI, ahead of jobless data

March 11, 2010 by Muhammad Qasim · Leave a Comment 

Stock futures down on Chinese CPI, ahead of jobless data

NEW YORK (Reuters) – U.S. stock index futures were lower on Thursday ahead of a report on weekly jobless claims and after data showed a jump in Chinese inflation.

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Stock futures down on Chinese CPI, ahead of jobless data | Stock futures down [...]

New jobless claims fall, continued claims up

March 11, 2010 by Muhammad Qasim · Leave a Comment 

New jobless claims fall, continued claims up

WASHINGTON (Reuters) – The number of U.S. workers filing new applications for unemployment insurance fell slightly less than expected last week, a government report showed on Thursday, hinting at a slow labor market recovery.

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New jobless claims fall, continued claims up | New jobless claims fall, [...]

Hawaii jobless rate inches upward, led by tourism (AP)

March 11, 2010 by Muhammad Qasim · Leave a Comment 

Hawaii jobless rate inches upward, led by tourism
(AP)

AP – Hawaii’s unemployment rate inched upward in January, led by large job losses in the tourism sector of the state’s economy, the state reported Wednesday.
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Hawaii jobless rate inches upward, led by tourism
(AP) | Hawaii jobless rate inches [...]

Foreclosures drop for 2nd month in February: RealtyTrac (Reuters)

March 11, 2010 by Muhammad Qasim · Leave a Comment 

Foreclosures drop for 2nd month in February: RealtyTrac
(Reuters)

Reuters – U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.

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Foreclosures drop for 2nd month in February: RealtyTrac
[...]

Smithfield Foods returns to 3rd-quarter profit (AP)

March 11, 2010 by Muhammad Qasim · Leave a Comment 

Smithfield Foods returns to 3rd-quarter profit
(AP)

AP – Meat processor Smithfield Foods Inc. said Thursday it returned to a profit in its fiscal third quarter, partly due to strength in its packaged meats business as sales grew overseas.

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Smithfield Foods returns to 3rd-quarter profit
(AP) | Smithfield Foods [...]

UPDATE 1-EU defends hedge fund rules against U.S. critics

March 11, 2010 by Muhammad Qasim · Leave a Comment 

UPDATE 1-EU defends hedge fund rules against U.S. critics

* EU Commission says planned regulations not protectionist
* Washington worried rules could penalise U.S. fund managers

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UPDATE 1-EU defends hedge fund rules against U.S. critics | UPDATE 1-EU defends hedge fund rules against U.S. critics

Russia may invite India ONGC to energy projects-govt

March 11, 2010 by Muhammad Qasim · Leave a Comment 

Russia may invite India ONGC to energy projects-govt

MOSCOW, March 11 (Reuters) – Russia is considering inviting
India’s state-run Oil and Natural Gas Corp to develop
oil and gas fields in Russia, the government said on Thursday,
ahead of Prime Minister Vladimir Putin’s visit to India.

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Russia may invite India ONGC to energy projects-govt | [...]

Stock futures slip ahead of jobless data

March 11, 2010 by Muhammad Qasim · Leave a Comment 

Stock futures slip ahead of jobless data

NEW YORK (Reuters) – U.S. stock index futures were slightly lower on Thursday ahead of data on weekly jobless claims and international trade.

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Stock futures slip ahead of jobless data | Stock futures slip ahead of jobless data

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