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Friday, November 26, 2010

DAI: Materials lead Wall Street slide on euro-debt woes

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Good evening Pan, FRI 26 Nov 2010 
 
Materials lead Wall Street slide on euro-debt woes
Shoppers back in Black Friday binge
Hedge fund FrontPoint hit by $3 billion in redemptions
Ireland nears rescue, Portugal denies it's next
Airbus, Boeing mull further output hikes: sources
Kardashian Kard too "kostly," regulator says
Retail CEOs see longer Black Friday lines
Russia seeks 2011 WTO entry: PM Putin
Bad blood grows between Swiss drug CEOs
Final draft of Iraq gas deal with Shell within 10 days


Materials lead Wall Street slide on euro-debt woes
November 26, 2010 02:49 PM ET
NEW YORK (Reuters) - Commodity-related shares led U.S. stocks lower on Friday in a shortened post-holiday session as investors unloaded risky assets on worries that euro-zone debt problems may spread.

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Shoppers back in Black Friday binge
November 26, 2010 04:36 PM ET
NEW YORK/MILWAUKEE, Wisconsin (Reuters) - Shoppers were back in a Black Friday bargain-binging mood, snapping up hoodies and computer laptops at stores, in a turnout that could give the economic recovery more steam.

Full Article
Hedge fund FrontPoint hit by $3 billion in redemptions
November 26, 2010 03:22 PM ET
BOSTON (Reuters) - FrontPoint Partners, a $7.5 billion hedge fund currently embroiled in the U.S. government's fast-moving insider trading probe, has been asked to return $3 billion to its investors.

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Ireland nears rescue, Portugal denies it's next
November 26, 2010 03:03 PM ET
BERLIN/LISBON (Reuters) - Ireland hammered out the final details of an EU/IMF rescue on Friday as financial market pressure mounted on Portugal and Spain despite vehement denials from euro zone governments that they too might require bailouts.

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Airbus, Boeing mull further output hikes: sources
November 26, 2010 11:04 AM ET
PARIS (Reuters) - Airbus and Boeing have begun sounding out suppliers on their ability to cope with further production increases of their most popular jets, taking combined output well above 80 a month within four to five years.

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Kardashian Kard too "kostly," regulator says
November 26, 2010 03:36 PM ET
NEW YORK (Reuters) - Keeping up with the Kardashians can be costly for young adults enticed by a debit card tied to the popular reality TV series, Connecticut's attorney general said.

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Retail CEOs see longer Black Friday lines
November 26, 2010 02:22 PM ET
NEW YORK (Reuters) - Top U.S. retailers from Best Buy Co Inc to Toys R Us saw longer lines of shoppers outside stores on Black Friday, raising hopes for an improved holiday selling season, their chief executives said.

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Russia seeks 2011 WTO entry: PM Putin
November 26, 2010 01:48 PM ET
BERLIN (Reuters) - Russia may be able to join the World Trade Organization as soon as next year, completing over a decade and a half of membership negotiations, Prime Minister Vladimir Putin said on Friday.

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Bad blood grows between Swiss drug CEOs
November 26, 2010 11:11 AM ET
ZURICH (Reuters) - Relations have turned icy between the CEOs of Roche and Novartis as Switzerland's top two drug executives defend their very different strategies to making money in a tough healthcare market.

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Final draft of Iraq gas deal with Shell within 10 days
November 26, 2010 05:32 AM ET
BASRA, Iraq (Reuters) - The final draft of Iraq's multibillion-dollar deal with Royal Dutch Shell to capture flared gas at southern oilfields will be completed within 10 days, a senior Iraqi oil official said on Friday.

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