Iflove Finance News Summary This Week: From Personal Finance to Business Finance

Here is a collection of finance news this week. You will learn the reviews summary From Personal Finance to Business Finance

Microsoft Weighs How to End Standoff; Yahoo Lets Deadline Pass

By Amy Thomson and Ville Heiskanen April 28 (Bloomberg) — Microsoft Corp. Chief Executive Officer Steve Ballmer is weighing a fight to oust Yahoo!
Microsoft deadline for Yahoo deal passes in silence MarketWatch
Yahoo-Microsoft Deadline Expires Wall Street Journal

Generics Are Not Necessarily the Same as Brands

In her April 22 Health Journal article, “Inexact Copies: How Generics Differ from Brand Names,” Melinda Beck states that the law allows generic drugs to have different inactive ingredients than the branded drug and that this can effect how the active …
Evidence mounts that some generic drugs fall short of name brands Houston Chronicle
AstraZeneca pushes for reviews of TV drug ads

Walkouts Threaten Oil Output

By SPENCER SWARTZ LONDON — The world oil market faced its biggest crude-supply disruption in recent years as roughly 2.5% of global output was halted over the weekend because of labor disputes in Nigeria and the United Kingdom.
Oil Rises to Record on UK Pipeline Shutdown, Nigeria Attack Bloomberg
UPDATE: OIL FUTURES: Crude Hits Record On UK Pipeline Close CNNMoney

Houston breathes collective sigh of relief over Continental

By JENNIFER LATSON News that Continental Airlines would not merge with United Airlines was met with support Sunday by many Houstonians, including frequent fliers who said they are loyal to Continental.
Continental Abandons Merger Talks With United New York Times
United’s merger quest is delayed Chicago Tribune

Candy Maker Reported Near Deal for Chewing Gum Giant

By ANDREW ROSS SORKIN Mars, the makers of M&M’s, was near a deal last night to acquire the Wm. Wrigley Jr. Company, the chewing gum concern, for more than $22 billion, people involved in the talks said.
Mars, Buffett said near $22 billion deal for Wrigley MarketWatch
Mars and Berkshire near pact to acquire Wrigley: report Reuters

Most Japan Stocks Rise, Led by Banks; Hoya, DoCoMo Tumble

By Masaki Kondo and Satoshi Kawano April 28 (Bloomberg) — Most Japanese stocks rose, led by financial companies, as accelerating inflation boosted speculation lending rates will widen.
Sanyo, Matsushita shares rise on tie-up talks MarketWatch
Tokyo shares end morning higher led by financials - UPDATE Forbes

Chávez Warns of Takeover Of Sidor if Deal Isn’t Made
Wall Street Journal - 2 hours ago
CARACAS, Venezuela — Venezuelan President Hugo Chávez is threatening to expropriate Venezuela’s largest steelmaker because he says shareholders are demanding excessive compensation for the company’s nationalization.
Chavez Threatens to Expropriate Steel Maker New York Times
Hugo Chavez threatens Sidor expropriation Reuters

ASIA MARKETS: Financials Lift Tokyo, Weak Results Drag Shanghai

HONG KONG (Dow Jones) — Asian markets mostly tilted higher Monday, with expectations of a rate cut by the US Federal Reserve and a higher finish for Dow Jones industrials lifting financials such as Japan’s Mitsubishi UFJ Financial Group and …
Hong Kong shares end morning higher on hopes of Fed rate cut UPDATE Forbes
Sinopec Shares Fall After Profit Drops by Record on Oil Costs Bloomberg

Fed expected to cut rates, but focus will be on its words

By Steven R. Weisman Just ahead of a meeting of Federal Reserve policy makers this week, the widely shared consensus is that the Fed will most likely cut its benchmark short-term interest rate to 2 percent from 2.25 percent, signaling that while …
AHEAD OF THE TAPE Wall Street Journal
Fed likely to cut US rates, could signal pause Reuters
Vector to sell NZ network to HK company

WELLINGTON, New Zealand - New Zealand electricity network and gas distribution company Vector Ltd. said Monday it has agreed to sell its electricity network in the capital to Cheung Kong Infrastructure Holdings Ltd.
Vector’s outlook changed to developing; ‘Baa1′ rating affirmed … Forbes
UPDATE 2-NZ’S Vector sells assets to Cheung Kong for $610 mln Reuters

UPDATE: Eos Airlines, All-business Carrier, Will Close Operations
CNNMoney - 2 hours ago
TEL AVIV (Dow Jones) - Eos Airlines, a premium-class airline operating flights between New York and London , said on Saturday that it filed for protection from its creditors under Chapter 11 of federal bankruptcy law and would wind down its operations.
Eos Airlines files for bankruptcy Telegraph.co.uk
All-business-class niche airline Eos folds The Associated Press

FDA Panel Urges More Data on Laser Vision Surgery

By DOW JONES After hearing testimony from patients whose vision was impaired by laser surgery, a Food and Drug Administration panel said Friday that the agency should do a better job informing patients of the surgery’s risks.
Federal panel seeks clearer warnings on Lasik eye surgery The Associated Press
FDA to review Lasik eye surgery side effects Los Angeles Times

AMD targets small business

AMD is planning to make a big push into the small business sector, according to a report in The Wall Street Journal. The chipmaker is set to announce an initiative called AMD Business Class, formerly code-named Hardcastle, that will make it easier for …
AMD Launches ‘Business Class’ Stable Image Program PC Magazine
AMD launches ‘business class’ Phenom, Athlon chips ZDNet

Freenet signs agreement to buy Debitel for $2.5B

German Internet and telecommunications provider Freenet AG said Sunday that it has agreed to acquire mobile telephone operator Debitel for about 1.63 billion euros ($2.54 billion).
Freenet to Purchase Debitel From Permira for 1.63 Billion Euros Bloomberg
Freenet supervisory board approves takeover of Debitel for 1.63 … Forbes

AMD Sets Major Pitch For Small, Midsize Firms

Advanced Micro Devices Inc. plans to begin a major push to improve its position in the big market for personal computers sold to small and midsize businesses.
AMD To Make Push Into Small-Medium-Business PC Market

AMD goes after the enterprise with new business push

Exxon, Shell, BP Profit to Climb on $100 Oil; Refining Slumps

By Fred Pals and Eduard Gismatullin April 28 (Bloomberg) — Exxon Mobil Corp. and Royal Dutch Shell Plc may report record first-quarter profit and BP Plc the highest earnings in two years after oil rose above $100 a barrel and natural gas prices …
Oil nears $120 on supply concerns Houston Chronicle
Nigerian Oil Output Falls Further on Attack, Strike Wall Street Journal

More than food for thought: navigating a maize maze

By AUSTIN BAY IENJOY baking, and “scratch” cornbread is my favorite kitchen oeuvre. I use stone-ground corn meal, and the product is gluten-free - nix on the cup of wheat flour you’ll find in many recipes.
Letters to the Telegraph Telegraph.co.uk
Ethanol betraying its promises Chicago Tribune

Windsor Star Walkouts Threaten Oil Output

By SPENCER SWARTZ LONDON — The world oil market faced its biggest crude-supply disruption in recent years as roughly 2.5% of global output was halted over the weekend because of labor disputes in Nigeria and the United Kingdom.
Oil Rises to Record on UK Pipeline Shutdown, Nigeria Attack Bloomberg
UPDATE: OIL FUTURES: Crude Hits Record On UK Pipeline Close

International Herald Tribune - AFP - Reuters - Reuters UK

AlaskaReport Houston breathes collective sigh of relief over Continental

By JENNIFER LATSON News that Continental Airlines would not merge with United Airlines was met with support Sunday by many Houstonians, including frequent fliers who said they are loyal to Continental.
Continental Abandons Merger Talks With United New York Times
United’s merger quest is delayed Chicago Tribune
Reuters - MarketWatch - The Associated Press
Candy Maker Reported Near Deal for Chewing Gum Giant

By ANDREW ROSS SORKIN Mars, the makers of M&M’s, was near a deal last night to acquire the Wm. Wrigley Jr. Company, the chewing gum concern, for more than $22 billion, people involved in the talks said.
Mars, Buffett said near $22 billion deal for Wrigley MarketWatch
Mars and Berkshire near pact to acquire Wrigley: report Reuters
Bloomberg - Wall Street Journal - FT Alphaville

Earthtimes (press release) Most Japan Stocks Rise, Led by Banks; Hoya, DoCoMo Tumble

By Masaki Kondo and Satoshi Kawano April 28 (Bloomberg) — Most Japanese stocks rose, led by financial companies, as accelerating inflation boosted speculation lending rates will widen.
Sanyo, Matsushita shares rise on tie-up talks MarketWatch
Tokyo shares end morning higher led by financials - UPDATE Forbes
AFP - Reuters - Hindu - Xinhua

Washington Post Chávez Warns of Takeover Of Sidor if Deal Isn’t Made

CARACAS, Venezuela — Venezuelan President Hugo Chávez is threatening to expropriate Venezuela’s largest steelmaker because he says shareholders are demanding excessive compensation for the company’s nationalization.
Chavez Threatens to Expropriate Steel Maker New York Times
Hugo Chavez threatens Sidor expropriation Reuters
Bloomberg - Voice of America - SteelGuru - The Associated Press
ASIA MARKETS: Financials Lift Tokyo, Weak Results Drag Shanghai

Asian markets mostly tilted higher Monday, with expectations of a rate cut by the US Federal Reserve and a higher finish for Dow Jones industrials lifting financials such as Japan’s Mitsubishi UFJ Financial Group and …
Hong Kong shares end morning higher on hopes of Fed rate cut UPDATE Forbes
Sinopec Shares Fall After Profit Drops by Record on Oil Costs Bloomberg
Houston Chronicle - MarketWatch - Reuters - Shanghai Daily

Boston Globe Fed expected to cut rates, but focus will be on its words

By Steven R. Weisman Just ahead of a meeting of Federal Reserve policy makers this week, the widely shared consensus is that the Fed will most likely cut its benchmark short-term interest rate to 2 percent from 2.25 percent, signaling that while …
AHEAD OF THE TAPE Wall Street Journal
Fed likely to cut US rates, could signal pause Reuters
Forbes - The Associated Press - MarketWatch - Hindu

Vector to sell NZ network to HK company

WELLINGTON, New Zealand - New Zealand electricity network and gas distribution company Vector Ltd. said Monday it has agreed to sell its electricity network in the capital to Cheung Kong Infrastructure Holdings Ltd.
Vector’s outlook changed to developing; ‘Baa1′ rating affirmed … Forbes
UPDATE 2-NZ’S Vector sells assets to Cheung Kong for $610 mln Reuters
Reuters UK - National Business Review - Radio New Zealand - Monsters and Critics
UPDATE: Eos Airlines, All-business Carrier, Will Close Operations
Eos Airlines, a premium-class airline operating flights between New York and London , said on Saturday that it filed for protection from its creditors under Chapter 11 of federal bankruptcy law and would wind down its operations.
Eos Airlines files for bankruptcy Telegraph.co.uk
All-business-class niche airline Eos folds The Associated Press
Times Online - Wall Street Journal - USA Today - New York Times

E Canada Now FDA Panel Urges More Data on Laser Vision Surgery

By DOW JONES After hearing testimony from patients whose vision was impaired by laser surgery, a Food and Drug Administration panel said Friday that the agency should do a better job informing patients of the surgery’s risks.
Federal panel seeks clearer warnings on Lasik eye surgery The Associated Press
FDA to review Lasik eye surgery side effects Los Angeles Times
Washington Post - Bloomberg - guardian.co.uk - CTV.ca

AMD targets small business

AMD is planning to make a big push into the small business sector, according to a report in The Wall Street Journal. The chipmaker is set to announce an initiative called AMD Business Class, formerly code-named Hardcastle, that will make it easier for …
AMD Launches ‘Business Class’ Stable Image Program PC Magazine
AMD launches ‘business class’ Phenom, Athlon chips ZDNet
PR Web (press release) - Emediawire (press release) - CNET Blogs - CNET Blogs
Freenet signs agreement to buy Debitel for $2.5B
The Associated Press - 6 hours ago
BUEDELSDORF, Germany (AP) - German Internet and telecommunications provider Freenet AG said Sunday that it has agreed to acquire mobile telephone operator Debitel for about 1.63 billion euros ($2.54 billion).
Freenet to Purchase Debitel From Permira for 1.63 Billion Euros Bloomberg
Freenet supervisory board approves takeover of Debitel for 1.63 … Forbes
Reuters - Telecom Paper (subscription) - Forbes

AMD Sets Major Pitch For Small, Midsize Firms

By RIVA RICHMOND Advanced Micro Devices Inc. plans to begin a major push to improve its position in the big market for personal computers sold to small and midsize businesses.
AMD To Make Push Into Small-Medium-Business PC Market

AMD goes after the enterprise with new business push Computerworld
WebWire (press release)

BBC News Exxon, Shell, BP Profit to Climb on $100 Oil; Refining Slumps

By Fred Pals and Eduard Gismatullin April 28 (Bloomberg) — Exxon Mobil Corp. and Royal Dutch Shell Plc may report record first-quarter profit and BP Plc the highest earnings in two years after oil rose above $100 a barrel and natural gas prices …
Oil nears $120 on supply concerns Houston Chronicle
Nigerian Oil Output Falls Further on Attack, Strike Wall Street Journal
BBC News - International Herald Tribune - Reuters - The Associated Press
Huffington Post More than food for thought: navigating a maize maze

By AUSTIN BAY IENJOY baking, and “scratch” cornbread is my favorite kitchen oeuvre. I use stone-ground corn meal, and the product is gluten-free - nix on the cup of wheat flour you’ll find in many recipes.
Letters to the Telegraph Telegraph.co.uk
Ethanol betraying its promises Chicago Tribune
Jamaica Gleaner - Minneapolis Star Tribune - High Plains Journal - New York Sun

UPDATE 1-CBA sees costs savings from 2010 with new systems

Commonwealth Bank of Australia Ltd (CBA.AX: Quote, Profile, Research) expects cost savings stemming from its four-year plan to modernise its banking systems to start flowing through in 2010, Chief Executive Ralph Norris …
Commonwealth Bank of Australia to spend A$580 million to revamp … Forbes
Commonwealth Bank to Save A$200 Million on New System (Update1) Bloomberg

“Rice fever” hits Vietnam, gov’t warns speculators

Vietnam’s government Monday said the country has sufficient rice stocks and threatened to punish speculators who hoard rice for profit after price surges triggered a run on the staple grain.
Vietnam bans rice speculation Reuters
Insufficient rice stocks in Vietnam Radio Australia

Eastman Chemical May Gain From Plastic Bottle Ban

Eastman Chemical Co., the biggest US maker of plastic for water bottles, may gain from Canada’s ban on plastic baby bottles made with a certain chemical as manufacturers seek alternatives, the New York Times …
Health/Science blog excerpts Boston Globe
Utahns discard plastic bottles and containers for BPA-free … Salt Lake Tribune
Microsoft Weighs How to End Standoff; Yahoo Lets Deadline Pass

By Amy Thomson and Ville Heiskanen April 28 (Bloomberg) — Microsoft Corp. Chief Executive Officer Steve Ballmer is weighing a fight to oust Yahoo!
Microsoft deadline for Yahoo deal passes in silence MarketWatch
Yahoo-Microsoft Deadline Expires Wall Street Journal

Generics Are Not Necessarily the Same as Brands

In her April 22 Health Journal article, “Inexact Copies: How Generics Differ from Brand Names,” Melinda Beck states that the law allows generic drugs to have different inactive ingredients than the branded drug and that this can effect how the active …
Evidence mounts that some generic drugs fall short of name brands Houston Chronicle
AstraZeneca pushes for reviews of TV drug ads

Iflove Finance News Summary This Week: From Personal Finance to Business Finance

Here is a collection of finance news this week. You will learn the reviews summary From Personal Finance to Business Finance

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