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Brazil oil firm Petrobras plans $65 billion stock sale (Reuters)
Reuters - Brazilian state oil company Petrobras will sell up to $64.5 billion in new stock — one of the largest in capital markets history — to raise funds for the world’s biggest oil exploration investment plan. Read the original: Brazil oil firm Petrobras plans $65 billion stock sale (Reuters) Read More →
Obama says to address new economic ideas next week (Reuters)
Reuters - President Barack Obama on Friday said he would address a package of new measures next week to boost U.S. growth and hiring as he greeted the August job report as positive news. View post: Obama says to address new economic ideas next week (Reuters) Read More →
Billionaire investor seals deal to buy German retail chain (AFP)
AFP - The future of Germany’s Karstadt, Europe’s third-largest department store chain, appeared to be secured Friday as a court approved its acquisition by a billionaire investor, safeguarding 25,000 jobs. Excerpt from: Billionaire investor seals deal to buy German retail chain (AFP) Read More →
Walgreen same-store sales miss expectations (Reuters)
Reuters - Walgreen Co posted weaker-than-expected August sales at stores open more than a year, hurt by generic drug introductions and a decrease in customer traffic. View original post here: Walgreen same-store sales miss expectations (Reuters) Read More →
Gazprom to double gas imports from Azerbaijan (AP)
AP - Russia’s Gazprom on Friday clinched a deal to double supplies from Azerbaijan in a bid to expand its control over gas produced by former Soviet republics. More here: Gazprom to double gas imports from Azerbaijan (AP) Read More →
Crafting a Career in Eco-Chic Jewelry (BusinessWeek)
BusinessWeek - Goldman Sachs may not have a lot of friends in the White House these days, but one of its former employees has made a good impression. After three years as an analyst in Goldman’s fixed-income, currencies, and commodities division, Monique Pean began her own jewelry line that can now be found in Barneys, Jeffrey New York, and around the neck of Michelle Obama. Excerpt from: Crafting... [Read more]
Campbell Soup profit beats estimates (Reuters)
Reuters - Campbell Soup Co reported higher-than-expected quarterly earnings on Friday, helped by cost cuts and sales of V8 juice drinks, even as U.S. soup sales fell. See more here: Campbell Soup profit beats estimates (Reuters) Read More →
Eurozone retail sales near stagnant in July: data (AFP)
AFP - Retail sales across the 16 nations sharing the euro rose by a modest 0.1 percent in July, after a 0.2 percent increase in June, with drops in Germany and Spain, European Union data showed on Friday. Go here to read the rest: Eurozone retail sales near stagnant in July: data (AFP) Read More →
Canada’s Goldcorp to buy Andean for $3.4 billion (Reuters)
Reuters - Canada’s Goldcorp Inc agreed to buy Argentina-focused gold miner Andean Resources Ltd for C$3.6 billion ($3.4 billion), trumping a competing offer from rival Eldorado Gold Corp. Read the original post: Canada’s Goldcorp to buy Andean for $3.4 billion (Reuters) Read More →
Stock index futures dip ahead of payrolls (Reuters)
Reuters - Stock index futures pointed to a slightly lower open on Wall Street on Friday, with futures for the S&P 500 down 0.21 percent, Dow Jones futures down 0.17 percent and Nasdaq100 futures flat at 0725 GMT (3:25 a.m. Go here to see the original: Stock index futures dip ahead of payrolls (Reuters) Read More →
