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Archive for December, 2009

Wall St closes out ‘09 with best gains since 2003

December 31st, 2009
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NEW YORK (Reuters) – U.S. stocks ended 2009 on Thursday with their best gains since 2003, driven by optimism about the economy’s recovery and a brighter outlook for profits.


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financials

UPDATE 1-Anesiva says to seek bankruptcy after deal fails

December 31st, 2009
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NEW YORK, Dec 31 (Reuters) – Anesiva Inc , a
developer of pharmaceutical products for chronic pain, said on
Thursday it will file for bankruptcy after it was unable to
complete a proposed merger with Arcion Therapeutics Inc.


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financials

PepsiCo reveals forecast bottler used for merger

December 31st, 2009
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NEW YORK, Dec 31 (Reuters) – PepsiCo Inc made
public on Thursday a financial forecast prepared by
PepsiAmericas Inc when considering PepsiCo’s
unsolicited $7.8 billion takeover bid for its two largest
bottlers.


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financials

Petraeus Reportedly ‘Certain’ UK Hostage Held in Iran

December 31st, 2009
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Petraeus’s claim is likely to intensify the bitter diplomatic relationship between London and Tehran
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financials

Ancient Earth Carvings Revealed

December 31st, 2009
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Archeologists — thanks to clearcutting of rainforest — uncover mysterious designs carved into Amazon jungle
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financials

Politicians War Over Jet Plot

December 31st, 2009
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Dems accuse GOP of exploiting terror threat for political gain, as White House faces pressure for its response
Freed Gitmo Detainees Bolster Al Qaeda in Yemen
Body Scanners Ignite Privacy Concern
Obama to Get Report on Failed Airline Attack
DHS Subpoenas Journalists Over Security Leaks
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financials

Class of Navy Destroyers Sails Into Record Books

December 31st, 2009
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Arleigh Burke-class destroyers such as the USS Ross and USS Cole have proven to be durable workhorses in the U.S. Navy
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financials

Obstacle Course Awaits Senate Reg Reform Bill

December 31st, 2009
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Passing a regulatory reform bill through the House was a bruising, months-long fight that appeared ready to spin out of control. That battle may pale in comparison to the legislation’s progress through the Senate.
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financials

Another Losing Day, But All Things Considered …

December 31st, 2009
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Banks stocks closed out 2009 on a slightly sour note but overall were much better off than they were nine months ago.
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financials

Visa Seeks to Distance Itself From Banks in Ad Campaign

December 31st, 2009
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Anyone who has seen advertisements from Visa Inc.’s “Currency of Progress” campaign can’t help noticing a stark contrast in its corporate message.
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financials