Top economic officials say that while they expect some improvement this spring, 2010 will probably remain a rough year for the unemployed. Continue reading Geithner Warns Unemployment Will Stay High in 2010 Geithner Warns Unemployment Will Stay High in 2010 originally appeared on DailyFinance on Tue, 16 Mar 2010 14:35:00. Filed Under: Economy Permalink | Tweet this! | Comments

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Geithner Warns Unemployment Will Stay High in 2010

Continue reading Tiger Woods to Return to Golf Tiger Woods to Return to Golf originally appeared on DailyFinance on Tue, 16 Mar 2010 11:42:00. Permalink | Tweet this! | Comments

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Tiger Woods to Return to Golf

After more than a year and a half in bankruptcy, Lehman Brothers wants out. The fallen financial institution hopes to exit Chapter 11 and start semi-fresh with a new subsidiary that would manage all its old debts and start producing revenue, according to a recent bankruptcy court filing. Continue reading Lehman Wants Out of Bankruptcy, Hopes to Start New Subsidiary Lehman Wants Out of Bankruptcy, Hopes to Start New Subsidiary originally appeared on DailyFinance on Tue, 16 Mar 2010 11:46:00. Filed Under: Company News , Economy Permalink | Tweet this! | Comments

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Lehman Wants Out of Bankruptcy, Hopes to Start New Subsidiary

In Asia Tuesday, Hong Kong’s Hang Seng Index fell 0.3% to 21,023 and China’s Shanghai Composite Index gained 0.5% to close at 2,993. In Japan the Nikkei 225 Index slid 0.3% to 10,722. In Hong Kong, Warren Buffett-backed BYD Co. surged 8% after brokerages increased earnings estimates for the battery and electric car company. BYD has posted fantastic profits for 2009 with sales surging 162% for the… Continue reading Asia Markets: Buffett’s BYD Soars, Maker of China’s Favorite Car Asia Markets: Buffett’s BYD Soars, Maker of China’s Favorite Car originally appeared on DailyFinance on Tue, 16 Mar 2010 07:50:00. Filed Under: Economy , Investing Permalink | Tweet this! | Comments

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Asia Markets: Buffett’s BYD Soars, Maker of China’s Favorite Car

Ahead of the Federal Reserve’s latest statement on the economy, which will be released at 2:15, investors will also paying close attention to several stocks in the news Tuesday, including PepsiCo, Limited Brands and Sony. Continue reading Stocks in the News: Limited Brands, Sequenom, PepsiCo Stocks in the News: Limited Brands, Sequenom, PepsiCo originally appeared on DailyFinance on Tue, 16 Mar 2010 07:53:00. Filed Under: Company News , Investing , Pepsico , Sony , Boeing , American International Group , INC. , Starbucks , Citigroup , Yahoo Permalink | Tweet this! | Comments

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Stocks in the News: Limited Brands, Sequenom, PepsiCo

Output from the nation’s factories, utilities, and mines increased for the eighth straight month, rising 0.1% in February — a gain which the U.S. Federal Reserve said was likely held down somewhat by the severe snowstorms that hit the Northeast and Mid-Atlantic regions. Continue reading U.S. Industrial Production Rose 0.1% in February Despite Snow U.S. Industrial Production Rose 0.1% in February Despite Snow originally appeared on DailyFinance on Mon, 15 Mar 2010 10:50:00. Filed Under: Economy Permalink | Tweet this! | Comments

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U.S. Industrial Production Rose 0.1% in February Despite Snow

Much like tech stocks after the dot-com bubble burst, financials have survived another burst bubble, this time in credit. And much like techs did, financials could be facing an extended stretch where survive is the best they can do. Thriving again isn’t in sight. Continue reading The Long, Hard Road Ahead for Financial Stocks The Long, Hard Road Ahead for Financial Stocks originally appeared on DailyFinance on Mon, 15 Mar 2010 06:30:00. Filed Under: Economy , Investing Permalink | Tweet this! | Comments

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The Long, Hard Road Ahead for Financial Stocks

Retail sales rose unexpectedly in February, despite brutal weather throughout the country. Consumers continue to focus on price and value, although some analysts think frugal fatigue is beginning to set in. Continue reading Retail Sales Rise as Shoppers Brave the Storms Retail Sales Rise as Shoppers Brave the Storms originally appeared on DailyFinance on Fri, 12 Mar 2010 11:00:00. Filed Under: Economy , Wal-Mart Stores , Retail Permalink | Tweet this! | Comments

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It was a status-quo month regarding inventories in January, as business inventories were unchanged. However, sales rose 0.6%, despite the fact that the nation encountered severe winter weather across the country — something that typically depresses sales. Continue reading Business Inventories Are Flat in January Business Inventories Are Flat in January originally appeared on DailyFinance on Fri, 12 Mar 2010 11:26:00. Filed Under: Economy Permalink | Tweet this! | Comments

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Business Inventories Are Flat in January

The textbook and nonfiction publisher — which is behind the For Dummies how-to series — reported healthy results for the third quarter, thanks to the education division and currency gains. Continue reading Profits ‘For Dummies’: John Wiley & Sons Reports Higher Profits, Earnings Profits ‘For Dummies’: John Wiley & Sons Reports Higher Profits, Earnings originally appeared on DailyFinance on Thu, 11 Mar 2010 15:53:00. Filed Under: Company News , Earnings , Media , Books , Currency Permalink | Tweet this! | Comments

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Profits ‘For Dummies’: John Wiley & Sons Reports Higher Profits, Earnings