Financial News, Economic Education, Analysis

The U.S. economy is destroying jobs for the third straight month in August but significantly less than expected and job creation in the private sector were pleasantly surprised, easing the pressure on the Federal Reserve for new measures support.
Last month, 54,000 non-agricultural jobs have been eliminated, said Friday the Labor Department, the number [...]

Cable & Wireless Worldwide has risen sharply Wednesday in the London Stock Exchange, on rumors of interest from U.S. rival AT & T.
The group was not immediately available for comment on this information.
At mid-day, action, Cable & Wireless gained 5.24% to 70.3 pence, after a while jumped nearly 13% in the [...]

Saffron Monday denied preparing a bid for the capital of the aerospace supplier Zodiac although it remains convinced of the value of a rapprochement.
The communication specialist aerospace engine manufacturer Snecma's parent, spoke in response to an article in financial daily La Tribune has reported in its Monday edition that a takeover bid was [...]

Rio Tinto has committed to increase its investment to sustain growth after reporting earlier in the day a record net profit in the first half, thanks to buoyant sales of iron ore in China.
The second largest producer of iron ore, a key component in steelmaking, will increase its investments by 50% in 2011, [...]

The Japanese company Astellas Pharma has announced a fall of 18.2% of its current quarterly earnings and sharply reduced its annual earnings forecast, to take into account the cost of a license extension and the impact of yen appreciation .
Astellas said it would again cut its earnings outlook after the publication of its [...]

Publicis has raised its expectations for 2010 after having exceeded expectations in the first half to gain the favor of budgets and increased spending of its customers.
The third group in terms of global advertising revenues for 2010 it now expects organic growth above the rate of 3.5% estimated for the global market through [...]

Greece will receive a second tranche of funding from the European Union (EU) and International Monetary Fund (IMF) because Athens has fulfilled the conditions prescribed in its austerity plan, announced by the Minister of Finance in the Weekly Kosmos tou Ependyti.
Representatives of the EU, IMF and European Central Bank (ECB) will be in [...]

The stock starts up slightly Tuesday after five sessions of consecutive increase, supported by Alcoa, which started the season with a publication of the results better than expected.
But the continued restrictions on some Chinese real estate loans should limit growth.
At 9:27, the CAC 40 gained 0.26% to 3576.98 points, after 6.16% [...]

The Paris Bourse was up in early trade on Thursday and back above 3,500 points after a sharp rise in New York, buoyed, like Europe, by bank and by the optimistic forecasts on State Street the quarterly earnings season.
The European markets have embraced the methodology of stress testing of banks in Europe and [...]

Carrefour said on Wednesday he did not buy certain products in paper group in Indonesia Asia Pulp and Paper (APP), for environmental issues.
On the eve of the decision, Greenpeace accused APP, a subsidiary of Sinar Mas, of wanting to destroy the Indonesian rainforest and called distributors, including Carrefour, to stop buying its products. [...]