US jobless claims add to recovery fears

{ Posted on Sep 02 2010 by Financial Times - US homepage }
New claims for jobless benefits in the US fell last week but still remain above the level economists say is necessary to create jobs. Read More »

TPC Group Announces Fiscal 2010 Fourth Quarter and Year-End Earnings and Conference Call Schedule

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[PR Newswire] - TPC Group Inc. , announced today it will release its fiscal 2010 fourth quarter and year-end financial results before the market opens on Friday, September 17, 2010.  In conjunction with the release, the Company has scheduled a ...Read More »

UPDATE – Laurentian Bank profit rises on higher margins

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[at Reuters] - * Adj EPS C$1.13/shr vs est C$1.13/shr * Revenue up 6.8 percent * Loan losses rise to C$20 mln from C$16 mln TORONTO, Sept 2 - Laurentian Bank of Canada said on Thursday its third-quarter profit rose ...Read More »

Commodities: Hoarding vs. Shorting

{ Posted on Sep 02 2010 by SeekingAlpha.com }

Obama Struggles With Urgent Task Of Fixing Economy

{ Posted on Sep 02 2010 by Financetech - All Stories }
President Barack Obama has declared fixing the U.S. economy his "central mission" but he has few tools to bring down nearly double-digit unemployment or jump-start the faltering recovery this year. ...Read More »

AIG Taiwan Unit Buyer Seeks Favorable Ending

{ Posted on Sep 02 2010 by Financetech - All Stories }
The buyers of American International Group Inc's Taiwan unit will be constructive as they seek to pursue the $2.2 billion bid even after Taiwan's regulators rejected it, a top executive said on Thursday. Read More »

Samsung to Challenge iPad With Own Tablet

{ Posted on Sep 02 2010 by Financetech - All Stories }
Samsung Electronics' first tablet computer will go on sale in two weeks, it said on Thursday, joining the hunt to challenge Apple's iPad. Read More »

UPDATE – Sycamore returns to profit, shares rise

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[at Reuters] - * Q4 adj EPS $0.05 vs est loss $0.09/shr * Revenue $22.2 mln vs est $15.0 mln * Shares rise 8 pct pre-market Sept 2 - Communications equipment provider Sycamore Networks Inc posted a surprise profit, after ...Read More »

UPDATE – Vimpelcom in talks with Sawiris, Q2 misses f cast

{ Posted on Sep 02 2010 by Yahoo! Finance: Earnings News }
[at Reuters] - * Q2 net profit $334 mln vs $431 mln poll forecast * CEO confirms talks on Orascom, Wind Read More »

SEC Probes Cancelled Trades In Flash Crash

{ Posted on Sep 02 2010 by Financetech - All Stories }
U.S. securities regulator is looking into a Wall Street trading practice in which unusually large numbers of orders to buy or sell stocks are placed in a fraction of a second, only to be canceled almost immediately, the Wall Street Journal reported on Thursday. Read More »