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Feb 22nd

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Obama calls black museum symbol for all Americans

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WASHINGTON (Reuters) - Political and cultural figures joined to break ground for a new museum celebrating black Americans on Wednesday, with President Barack Obama calling it a symbol of Americans' shared history.
 

Supreme Court sends back California Medicaid cuts case

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WASHINGTON (Reuters) - The Supreme Court sent back to a lower court a case on whether Medicaid recipients and medical providers can sue California for cutting reimbursement rates in the healthcare program for low-income Americans.
 

Pennsylvania university heads paint bleak tuition outlook

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HARRISBURG, Pennsylvania (Reuters) - The heads of Pennsylvania's four largest universities pleaded with lawmakers on Wednesday to ignore Governor Tom Corbett's proposal to cut state subsidies on higher education by 30 percent.
 

Virginia lacrosse murder trial goes to jury

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CHARLOTTESVILLE, Virginia (Reuters) - Jurors began deliberating on Wednesday to decide whether a former University of Virginia lacrosse player killed his ex-girlfriend in a drunken rage or if her 2010 death was accidental.
 

Ex-mine official charged in fatal W. Virginia blast

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(Reuters) - The former superintendent of the West Virginia coal mine where 29 workers died in a 2010 explosion was charged on Wednesday with felony conspiracy for impeding mine safety enforcement efforts before the blast, federal authorities said.
 
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 ^IXIC^GSPC^FTSE
Date 2/22/20122/22/20122/22/2012
Time 2:18pm ET2:18pm ET11:35am ET
Trade 2,941.961,360.945,916.55
Change -6.61-1.27-11.65
% Chg -0.22%-0.09%-0.20%
Open 2,942.771,362.115,928.20
High 2,950.371,362.705,937.96
Low 2,929.681,355.535,894.60
Volume 0312,067,2960
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Judge to rule on Mubarak case on June 2

CAIRO (Reuters) - The verdict in the trial of former Egyptian President Hosni Mubarak, charged with ordering the killing of protesters in the uprising that swept him from power, will be delivered on J...
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Obama calls black museum symbol for all Americans

WASHINGTON (Reuters) - Political and cultural figures joined to break ground for a new museum celebrating black Americans on Wednesday, with President Barack Obama calling it a symbol of Americans' sh...
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S&P fails to break key level

NEW YORK (Reuters) - U.S. stocks fell on Wednesday with the S&P 500 stalled near a 10-month-old high after weak data on Europe's business activity raised concerns about a recession.
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Live blog: Tiger is 1-down after 6 holes in match play - USA TODAY (blog)


USA TODAY (blog)

Live blog: Tiger is 1-down after 6 holes in match play
USA TODAY (blog)
By Tom Weir, USA TODAY Tiger Woods faces Spaniard Gonzalo Fernandez-Castano in the World Golf Championships-Accent...
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Stocks drift lower as market takes a breather

U.S. stocks drifted lower Wednesday amid doubts over the latest bailout for Greece and concerns about global economic growth.
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Mitt Romney's plan to cut your taxes

In a switch to a more aggressive tax plan, Mitt Romney said Wednesday that he now favors cutting marginal tax rates for individuals by 20%.
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China manufacturing rises to 4-month high

Chinese manufacturing continues to grow at a slow pace, edging up to a 4-month high in February, according to a preliminary report issued Wednesday.
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Global Markets Update: Dell Hit After Earnings Miss

CNBC's Mandy Drury reports U.S. markets are down after hitting 13,000 yesterday. Dell is hit after yesterday's earnings miss. HP earnings come later today. Toll Brothers is down on the day after loss....
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TEXT-S&P puts FortisAlberta ratings on watch negative

Overview -- On Feb. 21, 2012, Fortis Inc. announced it entered into an agreement to acquire all of the shares of CH Energy Group Inc. for about C$1.5 billion. -- We are placing our...
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Reading the Tea Leaves in RIM Shake-Up

To hear Mike Lazaridis and Jim Balsillie of Research In Motion tell it, their departures as co-chairs and co-CEOs at RIM were well thought out and their own decisions. They deny being pushed out by an...
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Pros Like Yum!, McDonald’s After New Highs

A few restaurant stocks traded near new highs this week, but the “Fast Money” traders thought one company stood out.
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Existing Home Sales: Jobs Still Needed For Recovery

A strong job market is necessary to give young couples confidence that they can take the plunge into homeownership, and not get caught in a fire sale situation by losing a job or a forced relocation.
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Best-Execution Mortgage Rates Rise For First Time in a Month

For the first time since late January, Best-Execution Mortgages Rates moved back to 4.0%.  Over the past month, the rate averaged 3.875% despite plenty of fluctuations in terms of closing costs.&nb...

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Meredith Whitney: High-End Consumers Benefit From Low Rates

The high-end income consumer has dominated more of total spending, says Meredith Whitney, Meredith Whitney Advisory Group founder/CEO. Whitney says the middle class has been compromised because they h...
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Housing's Dilemma: There's Not Enough To Buy

Non-distressed sellers are making up less and less of the overall housing market. That does not a healthy housing market make. Without good, move-up homes available, the market cannot see real price a...
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Forestar posts $22.9M loss, pulled down by charges

Forestar Group Inc. on Wednesday it posted a $22.9 million fourth-quarter loss, pulled down by hefty charges related to some of its real estate projects.
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90 Seconds with Art Cashin: Dow 13,000

CNBC's Brian Shactman and Art Cashin, of UBS, discuss whether the Dow reaching 13,000 means the economy is really moving forward. Cashin says he doesn't think the jury is in yet and we'll have to give...
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Closures, Losses Push Back Asia Hedge Fund Industry

A rough year for Asian hedge funds in 2011 exposed the long-only bias of many managers' portfolios, leaving the industry fighting a tough battle to retain clients as assets shrink and fund closures ac...
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Housing optimism springs to life

Feb 22 - Sales of previously owned U.S. homes jumped to a 1-1/2 year high in January in a promising sign a turnaround is starting to take hold. Conway G. Gittens reports.
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Critical Issues for understanding a Bank- Keyfunds.com

There are multitudes of issues to work on while analyzing a bank. They can be broken down to Asset Quality, Liquidity, Earnings, Capital, Sensitivity to Market Risk, Management.

Asset Quality-

Distribut...

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Fall and Winter Line of iPurse.com Pouch Collection is perfect for this season

On October 15th 2011 , iPurse CEO, Robin Trehan told that fall and winter line of iPurse.com Collection is available in the store, so it is the time to update the wardrobes by takin...

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