Market News Live

Video: FDIC Insurance Fund In the Red

scottnance@aol.com (Scott Nance) — Wed, 25 Nov 2009 12:26:00 +0000

The FDIC's insurance fund posted a loss of $8.2 billion in 3Q of 2009. The agency added 136 insured banks to its list of "problem" banks.

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Video: Haliburton Profits Will Be Nicked by Pemex Production Cuts

scottnance@aol.com (Scott Nance) — Wed, 25 Nov 2009 11:41:00 +0000

Haliburton (HAL) shares are getting pinched today after the Number 2 oilfield services company said production cuts from Petroleos Mexicanos will shave two cents off of fourth quarter earnings. Pemex, Mexicos state-owned oil company, has seen production fall as its reserves decline.

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Video: Toyota Recalls 3.8 Million Vehicles

scottnance@aol.com (Scott Nance) — Wed, 25 Nov 2009 11:21:00 +0000

Toyota Motor Corporation (TM) said Wednesday needs to recall 3.8 million vehicles to replace faulty floor pedals. Drivers reported sudden acceleration and the possibility of the gas pedal getting stuck in the down position.

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Video: Buzzy "Real Time" Startup Hot Potato Launches

scottnance@aol.com (Scott Nance) — Wed, 25 Nov 2009 10:44:00 +0000

Do Twitter and Facebook users need yet another messaging service? Yes, says a small New York company with lots of money, big-name backers and expectations.

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Video: AIG CEO Signs Non-Compete Contract

scottnance@aol.com (Scott Nance) — Wed, 25 Nov 2009 10:18:00 +0000

The CEO of AIG has reportedly signed a non-compete contract, which could be a sign that he plans to stay put at the struggling insurer. The Wall Street Journal reported today that AIG chairman Harvey Golub told the newspaper that CEO Robert Benmosche is committed to leading the company until the job is done.

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Video: Barnes & Noble, Borders Post Earnings

scottnance@aol.com (Scott Nance) — Wed, 25 Nov 2009 02:15:00 +0000

Two top bookstore chains posted earnings today, and neither reported a happy ending to the quarter. Barnes & Noble said it lost $24 million in its fiscal second quarter, totaling 43 cents per share, as compared to a narrower loss of $16 million, or 34 cents per share.

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Video: Ohio Files Suit Against Credit Agencies

scottnance@aol.com (Scott Nance) — Tue, 24 Nov 2009 12:48:00 +0000

The attorney general of Ohio filed a lawsuit against Standard and Poor's, Moody's Corp. and Fitch Inc. The AG alleges that the agencies inflated ratings on risky mortgage-backed securities.

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Video: 5 Tips for Outlet Shopping

scottnance@aol.com (Scott Nance) — Tue, 24 Nov 2009 11:45:00 +0000

Not everything at an outlet mall is a deal.

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Video - Gold: When to Sell

scottnance@aol.com (Scott Nance) — Tue, 24 Nov 2009 11:39:00 +0000

When gold turns, look for a floor of about $880 an ounce. Other sign posts it's time to sell. MarketWatch's Stacey Delo interviews Kitco.com analyst Jon Nadler

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Video: Tyson Foods' 3Q Results Are Unappetizing: TSN

scottnance@aol.com (Scott Nance) — Tue, 24 Nov 2009 11:31:00 +0000

The worlds largest meat producer, Tyson Foods (TSN), announced Monday that it had lost $455 million during the quarter.

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Video: News Corp. and Microsoft Challenge Google

scottnance@aol.com (Scott Nance) — Tue, 24 Nov 2009 10:27:00 +0000

Microsoft and News Corp. are taking the search engine battle to another level, with Google potentially being excluded from certain news content.

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Video: First biofuel passenger flight

scottnance@aol.com (Scott Nance) — Tue, 24 Nov 2009 10:12:00 +0000

A plane powered by renewable fuel has circled the skies over the Netherlands, in the world's first biofuel passenger carrying flight.

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Video - News Hub: Wikipedia Volunteers Quit

scottnance@aol.com (Scott Nance) — Tue, 24 Nov 2009 00:27:00 +0000

Wikipedia is extremely popular with the public, but not so much with the volunteers who run the site. They're quitting, raising questions about the future of Wikipedia, says WSJ.com Senior Technology Editor Julia Angwin.

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Video: A More-Creditable Credit Card

scottnance@aol.com (Scott Nance) — Mon, 23 Nov 2009 23:58:00 +0000

Credit-union-issued cards offer a good alternative to bank-issued credit cards and their high rates reports Barrons.com's Clare McKeen.

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Video: H-P Profit Rises, Helped by Services Unit

scottnance@aol.com (Scott Nance) — Mon, 23 Nov 2009 23:12:00 +0000

H-P's net income rose 14% to $2.4 billion on revenue of $30.8 billion. Dow Jones's Eric Savitz talks with WSJ's Lee Hawkins about the results.

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Video: Existing Home Sales Beat Expectations

scottnance@aol.com (Scott Nance) — Mon, 23 Nov 2009 21:12:00 +0000

October existing home sales beat economist expectations, rising more than 10 percent to a seasonally adjusted annual rate of 6.1 million. The National Association of Realtors said much of the surge was due to first time homebuyers taking advantage of the tax credit that had been due to expire, but has now been extended.

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Video: Apple Joins AT&T/Verizon Spat With New iPhone Ads

scottnance@aol.com (Scott Nance) — Mon, 23 Nov 2009 10:52:00 +0000

Verizon's merciless razzing of AT&T has finally elicited a reaction from Apple.

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Video: Riots over Intel Sabbath work

scottnance@aol.com (Scott Nance) — Sun, 22 Nov 2009 01:16:00 +0000

Ultra-Orthodox Jews clash with Israeli police against Intel's electronic chip plant operations during the Jewish resting day.

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Video: Google opens its Chrome OS to developers

scottnance@aol.com (Scott Nance) — Fri, 20 Nov 2009 11:47:00 +0000

Google's Chrome operating system took a big step on Thursday with its release to the open source community. The OS is targeted at netbooks and will be faster, simpler and more secure than existing operating systems, according to Google.

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Video: Nokia to Cut 330 R&D Jobs

scottnance@aol.com (Scott Nance) — Fri, 20 Nov 2009 10:14:00 +0000

Nokia (NOK) said today it is cutting 330 jobs in its research and development operations. The cuts will affect 230 employees at its Oulu site in Finland, and 100 employees in Copenhagen.

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Video: Layaways help Sears and Kmart

scottnance@aol.com (Scott Nance) — Fri, 20 Nov 2009 10:02:00 +0000

Sears posts the best earnings report since the merger of Sears and Kmart while other retailers warn of cautious forecasts

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Video - News Hub: A Slimmer New AOL

scottnance@aol.com (Scott Nance) — Thu, 19 Nov 2009 22:59:00 +0000

AOL announces will lay off a third of its staff as part of its restructuring. Barron.com's Eric Savitz comments on the news and the company's efforts to reinvent itself with Kelsey Hubbard and Simon Constable in the News Hub.

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Video: Geithner urges banks to lend

scottnance@aol.com (Scott Nance) — Thu, 19 Nov 2009 10:59:00 +0000

At a Washington event dedicated to small business, Treasury Secretary Timothy Geithner urged banks to step up to the plate and lend more money in order to keep the economic revival growing.

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Video: Goldman Sachs Announces Small Business Initiative

scottnance@aol.com (Scott Nance) — Thu, 19 Nov 2009 10:44:00 +0000

Goldman Sachs apologized for its role in the financial crisis, and pledged $500 million to help small businesses. The "10, 000 Small Businesses Initiative" comes as the investment bank faces widespread criticism.

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Video: Sony 'cautious' on demand

scottnance@aol.com (Scott Nance) — Thu, 19 Nov 2009 10:29:00 +0000

Sony's CEO says the embattled Japanese giant is cautious about U.S. and European demand.

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