Stocks held on to gains as the Fed left its key lending rate unchanged and on better-than-expected news from economic reports on housing starts and import prices. The S&P500 continued its climb, finishing at a 17-month high set in October 2008, at 1,159.46, up 8.95 points. Continue reading Stocks in the News: Discover, Intel, Citigroup, Harley Davidson Stocks in the News: Discover, Intel, Citigroup, Harley Davidson originally appeared on DailyFinance on Tue, 16 Mar 2010 18:45:00. Filed Under: Investing Permalink | Tweet this! | Comments

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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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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

In his new book Common Purpose , Joel Kurtzman argues that successful companies have a team spirit built on inclusiveness and mutual goals — and that leaves little room for know-it-all executives and the traditional imperial CEO. Continue reading Books@Daily Finance: After the Recession, Fewer Bosses? Books@Daily Finance: After the Recession, Fewer Bosses? originally appeared on DailyFinance on Mon, 15 Mar 2010 19:00:00. Filed Under: People , Books Permalink | Tweet this! | Comments

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Books@Daily Finance: After the Recession, Fewer Bosses?

Twitter launches a new platform called @anywhere to integrate Twitter on partner sites. But while heavyweight partners sign on, many attendees of the innovation conference South by Southwest left during the keynote speech announcing the new service. Continue reading New Twitter Platform Wants to Help You Tweet More New Twitter Platform Wants to Help You Tweet More originally appeared on DailyFinance on Mon, 15 Mar 2010 20:00:00. Permalink | Tweet this! | Comments

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The housing market is taking a detour from bad back to worse, based on the opinions of the U.S. home builders. In March, the home builder confidence index unexpectedly fell back to its January level, the National Association of Home Builders said Monday. Continue reading Home Builders’ Confidence Index Dips Again in March Home Builders’ Confidence Index Dips Again in March originally appeared on DailyFinance on Mon, 15 Mar 2010 14:57:00. Filed Under: Economy , Real Estate Permalink | Tweet this! | Comments

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Home Builders’ Confidence Index Dips Again in March

A key regional survey, the Empire State Manufacturing Index, dipped slightly in March, but it’s still at a level that indicates business conditions for New York manufacturers improved for the eighth straight month, the New York Fed said Monday. Continue reading Empire State Manufacturing Index Dips Slightly, but Still Signals Growth Empire State Manufacturing Index Dips Slightly, but Still Signals Growth originally appeared on DailyFinance on Mon, 15 Mar 2010 09:50:00. Filed Under: Economy Permalink | Tweet this! | Comments

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Empire State Manufacturing Index Dips Slightly, but Still Signals Growth

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