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BRIEF-Moody's:Spanish SME ABS performance deteriorated further in March 2012 13 mins ago
Reuters - May 18, 2012 6:03 AM
* Moody's:Spanish SME ABS performance deteriorated further in March 2012


Graff Diamonds sets price range for $1 bln HK IPO-sources 15 mins ago
Reuters - May 18, 2012 6:01 AM
HONG KONG, May 18 (Reuters) - London jeweller Graff Diamondshas set an indicative price range of HK$25-HK$37 a share for aproposed Hong Kong initial public offering of up to $1 billion,the biggest...


TEXT-Fitch migrates Tamil Nadu Road Development Co's NCDs to non-monitored 23 mins ago
Reuters - May 18, 2012 5:54 AM
(The following statement was released by the rating agency)


Vacation? No thanks, boss 28 mins ago
CNN Money - May 18, 2012 5:48 AM
Dubbed the "no vacation nation," the United States lags behind most other developed countries when it comes to vacation days. But Americans don't seem to mind.


Petronas inks deal with Itochu, PTT Global Chemicals for petchem plants 38 mins ago
Reuters - May 18, 2012 5:39 AM
KUALA LUMPUR, May 18 (Reuters) - Malaysia's state oil firmPetronas said on Friday it has signed a head ofagreement with Japan's Itochu Corporation andThailand's PTT Global Chemical Pcl to build twoseparate petrochemical complexes.


Police detain more "Blockupy" activists in Frankfurt 39 mins ago
Reuters - May 18, 2012 5:38 AM
FRANKFURT, May 18 (Reuters) - German police began removinganti-capitalist protesters on Friday from outside a Frankfurtskyscraper that is Goldman Sachs' home in the Germanfinancial capital.


London gold 1030 fix - May 18 - 1588.00 dlrs 41 mins ago
Reuters - May 18, 2012 5:36 AM
(NY CLOSE $1573.25, PREVIOUS LDN FIX $1554.00)


Push your health care insurer to pay more 48 mins ago
CNN Money - May 18, 2012 5:29 AM
It's inevitable -- as you age, your body requires more repair. But there are ways to lower your medical costs. .


China property prices extend decline 49 mins ago
FT - May 18, 2012 5:28 AM
Average home prices in 46 out of 70 Chinese cities fell in April, indicating that prospects for a rebound remain distant for a key driver of growth


Save on health care, even as you get older 49 mins ago
CNN Money - May 18, 2012 5:27 AM
You managed to glide through your twenties and thirties without any major health issues. Yet, as the calendar pages turn, you're finding that a host of minor -- and perhaps a few major -- medical problems keep cropping up. The doctor shakes her head
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2

GM to Halt Facebook Ads 3 days ago
WSJ - May 15, 2012 3:11 PM
GM plans to stop advertising on Facebook after its marketing executives determined their paid ads had little impact on consumers, a disappointing development just days ahead of Facebook's IPO.

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Sarah Lacy: The Irony of the Social Media Era: It Was Created By the World's Least Social People 3 days ago
Huffington Post - May 15, 2012 3:18 PM
After one particularly awful question, Zuckerberg broke down like a cartoon robot that simply could not compute. His eyes darted from place to place. He furrowed his brow and looked up after several moments of silence. 404 error. I had crashed Mark Z

1

German economy grows 0.5% in the first quarter 3 days ago
MarketWatch - May 15, 2012 2:23 AM
German economy grows 0.5% in the first quarter

1

France economy posts zero growth 3 days ago
CNBC - May 15, 2012 2:10 AM
The French economy recorded zero growth in the first three months of the year, official figures show.

1

Energy Consumption Points To Continued Growth Decline In China 3 days ago
Pragmatic Capitalism - May 15, 2012 12:53 AM
The NEA released new data on Chinese energy consumption showing just 3.7% year over year growth.  That’s 3.3% lower than the March reading.  China Scope Financial has the details on ...

1

Facebook expected to raise IPO range to $34-$38 a share 3 days ago
CNN Money - May 14, 2012 10:45 PM
In a sign of strong demand from investors for shares in its upcoming initial public offering, Facebook is raising the target price range for its stock, according to two news reports.

1

Coty Withdraws $10.7 Billion Offer for Avon 3 days ago
NY Times - May 14, 2012 10:25 PM
Coty said on Monday that it was abandoning its pursuit for Avon Products, citing Avon's "unwillingness to engage in discussions."

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UPDATE 1-Coty withdraws takeover bid for Avon 3 days ago
Reuters - May 14, 2012 9:53 PM
* Bid had backing from Warren Buffett's Berkshire Hathaway

1

Australia's Pacific Brands says no offer from KKR 3 days ago
Reuters - May 14, 2012 7:36 PM
MELBOURNE, May 15 (Reuters) - Australian underwearmanufacturer Pacific Brands said on Tuesday thattakeover talks with parties including KKR & Co haveended without an offer being made, and confirmed a weak salesand profit outlook.

1

Groupon makes first profit, shares surge 3 days ago
CNBC - May 14, 2012 7:25 PM
SAN FRANCISCO (Reuters) - Groupon Inc posted its first quarterly profit by reining in marketing spending and signing up more customers and merchants, sending its stock about 18 percent higher.

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Taiwan: The Democratic China 4 days ago
ZeroHedge - May 14, 2012 12:12 AM
By EconMatters In the 60 years since Chinese Nationalists retreated to Taiwan, the tiny island country has transformed itself quite differently from the mainland China.  Thanks to a series of financial and economic reform by the Nation

1

Colleges as Merchants of Debt 4 days ago
EconoMonitor - May 14, 2012 12:07 AM
Student loan debt slavery is even worse than you probably thought. The Grey Lady tonight has a long, informative story, “A Generation Hobbled by the Soaring Cost of College“, that early on presents the stunning tidbit that 94% of the recipients o

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The Coming Meltdown in College Education & Why The Economy Won’t Get Better Any Time Soon 4 days ago
Blog Maverick - May 13, 2012 8:34 PM
This is what I see when i think about higher education in this country today: Remember the housing meltdown ? Tough to forget isn’t it. The formula for the housing boom and bust was simple. A lot of easy money being lent to buyers who couldn

1

It Doesn’t End With Spain 5 days ago
Pragmatic Capitalism - May 13, 2012 12:45 AM
The next usual suspect is Italy. And indeed Italy will soon be paying 5-6% of GDP just to cover the interest on its debt. If it were not for interest, they would have an actual government surplus. While they are making progress, a European recession

1

California budget hole deepens to $16 billion: governor 5 days ago
CNBC - May 12, 2012 10:32 PM
(Reuters) - California's budget deficit will swell to nearly $7 billion greater than expected due to weak tax revenues and slow progress in cutting budgets, Governor Jerry Brown said on Saturday.

1

Facebook’s Mark Zuckerberg, at a Turning Point 6 days ago
NY Times - May 12, 2012 5:32 PM
Facebook’s founder will soon face the unfamiliar landscape of running a public company, monitored by a merciless stock market.

1

BMW says 40% dividends possible: report 6 days ago
MarketWatch - May 12, 2012 11:03 AM
Luxury-car maker BMW discusses the prospect of issuing dividends equal to 40% of profits.

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