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HoustonMirror.com Tuesday 9th March 2010 Issue 68/2010
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Irish airline millions of euros downIrish airline millions of euros down
Irish airline, Aer Lingus, has reported a loss for...


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Eurotunnel makes profit even with poor economy
Eurotunnel has announced a profit of 1.4 million euros for last year, despite the weather, a fire in the tunnel and poor economic...
Referendum to pay Britain and Holland will not go aheadReferendum to pay Britain and Holland will not go ahead
Icelanders have voted overwhelmingly against a referendum to allow taxpayers money to be used to repay international...
Greek austerity plans given Clinton approvalGreek austerity plans given Clinton approval
US Secretary of State, Hillary Clinton, has met Greek Prime Minister George Papandreou in...
U.S. stocks in slow motion riseU.S. stocks in slow motion rise
U.S. stocks made narrow advances Tuesday, as traders remained cautious on the...
Brazilian sardine industry under protectionBrazilian sardine industry under protection
The Brazilian government has ordered the implementation of a sardine conservation awareness...
February sales up in Chinese passenger carsFebruary sales up in Chinese passenger cars
Chinese passenger car sales have climbed 55 percent from February 2009, with strong demand for smaller cars and four wheel drive...
UN says we will need much more food by 2050UN says we will need much more food by 2050
The head of the UN Food and Agriculture Organisation has warned another food price crisis might happen if record high energy prices, growing demand for bio-fuels and low grain reserves force up price...
Protests spread after Indian fuel hikeProtests spread after Indian fuel hike
The main opposition Bharatiya Janata Party in india has protested over a hike in fuel...
Toff houses best sellers in LondonToff houses best sellers in London
Land Registry sale price statistics have shown that exclusive houses in England and Wales are still maintaining their high...
Rates to rise over next six months in US
Economists in Washington have suggested the Federal Reserve will soon raise benchmark interest...
Akio Toyoda says his company will get back to US growthAkio Toyoda says his company will get back to US growth
The market for Toyota cars in North America is expected to recover in March, according to the head of the company, Akio...
Latin American growth expected to exceed 3%Latin American growth expected to exceed 3%
The Latinamerican economy could grow by 3% or more this year according to the Inter American Development...
US currency note given redesignUS currency note given redesign
The US has redesigned its hundred dollar bill to feature special security...
Air fleet building occurring at Qatar AirwaysAir fleet building occurring at Qatar Airways
Qatar Airways has doubled its fleet size over the past five...
Google will stop assisting some Internet Explorer users Google will stop assisting some Internet Explorer users
Google has warned that anyone not using Internet Explorer 8 will soon lose service through the...
US stocks gain on financial firms
Major US stock indices posted mild gains Tuesday, led by troubled financial firms bailed out by the US government in the past...
Star Tribune names new advertising chief
The Star Tribune has named Jeff Griffing as its new head of print and digital advertising. Griffing, 45, who currently is sales vice president and publisher of Time Inc.'s Sports Illustrated Group...
CEO pay watch: Life Time Fitness' Akradi: $2.3 million
Note: In 2008 Akradi elected to forgo a salary and take nearly all of his compensation in restricted stock, in part as a show of faith in the company's fortunes. Life Time's sales and earnings have...
Stocks end day with small gains
NEW YORK - U.S. stocks ended with a slight gain Tuesday after being whipsawed by bets in the financial sector and a rally in telecommunications, which benefited from Cisco Systems Inc.'s unveiling of...
Toyota says it will expand recall of Tundra pickups to address frame rust issue
WASHINGTON - Toyota says it will expand a recall announced last year to fix Tundra pickup trucks with frames that could rust. Toyota spokesman Brian Lyons says the recall will cover Tundra pickups...
Iraqis Maneuver Amid Signs No Party Will Win Election Majority
March 10 (Bloomberg) -- Iraq faces tough political coalition-building as leaders maneuvered amid indications that no party would win a majority when initial results from the parliamentary election...
Hedge Funds Returned 0.5% in February on Stock Market Recovery
March 10 (Bloomberg) -- Hedge funds returned 0.5 percent in February, led by North American managers, as global stock markets rose on signs of recovery in corporate earnings and U.S. interest rates...
Toyota recalling all 2000 to 2003 Tundras
DETROIT - Toyota said on Tuesday it would fix all Tundra pickups sold in the United States for the 2000 to 2003 model years to address a risk that part of the truck's frame could corrode, causing...
Gas prices’ run likely won’t top $3 a gallon
Each spring brings a familiar ritual in gasoline markets — rising prices — and this year won't be an exception. But motorists aren't likely to pay much more than $3 a gallon, on average, during...
UK bank fraud 'moves to internet'
Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, according to new research.Fraud losses on UK credit and debit cards totalled £440m in 2009 -...
Japanese Wholesale Prices Rise 0.1% In February
LOS ANGELES -- Japan's corporate goods price index rose 0.1% in February from the month before, the Bank of Japan reported Wednesday. Compared to a year earlier, the CGPI measure of wholesale prices...
Japan's Core Machinery Orders Down 3.7% In January
LOS ANGELES -- Japan's closely watched core machinery orders data showed a 3.7% drop in January, according to the Cabinet Office. The result matched analysts' average expectations, according to Dow...
They can't read, can't write, keep time or be tidy: Tesco director's verdict on school-leavers
Lucy Neville-Rolfe, excecutive director of corporate and legal affairs at Tesco, has attacked school leavers' standards. Photograph: Fiona Hanson/PA Archive/PA Photos A main board director...
Unions to Kick Off Major Anti-Bank, Pro-Jobs Campaign Monday
As labor unions wind down their fight for health care reform, they will announce details Monday of their next major campaign: an attack on the nation’s biggest banks for their role in the...
Cavuto: Our Big Fat Greek Mess
Missed Tuesday's Cavuto? Catch "The Deal" right here on FOXBusiness.com The Greeks. Coming to us. For financial advice. Here's the deal. "My Big Fat Greek wedding" is now "Our Big Fat Greek Mess."...
Australian Shares Move Higher As Financials Gain
LOS ANGELES -- Australian shares gained in early Wednesday trading, helped by financial stocks tracking an advance by their U.S. peers overnight. The S&P/ASX 200 pulled higher by 0.4% to 4,837.1,...
NYSE Short Interest Drops, First Time Since Dec.
SAN FRANCISCO -- The NYSE Group Inc. said late Tuesday that short interest decreased to 13.8 billion shares at the end of Feb. 26 from 13.99 billion shares at the end of Feb. 12. A short sale is a...
Senators to seek wider "Volcker rule"
WASHINGTON (Reuters) - Two Senate Democrats said they will propose on Wednesday placing new limits on proprietary trading by banks and nonbank financial firms, widening the 'Volcker rule' backed by...
Greece says G20 to review financial speculation
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Bailed-out U.S. financial stocks surge
(Reuters) - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a...
Toyota to fix more Tundras for rust problems
DETROIT (Reuters) - Toyota said on Tuesday it would fix all Tundra pickups sold in the United States for the 2000 to 2003 model years to address a risk that part of the truck's frame could corrode,...
Goldman seeks leave to appeal Shaw ruling
Goldman Sachs Group Inc. is seeking leave to appeal a lower court's ruling to approve a bid by Shaw Communications Inc. to purchase a controlling interest in Canwest Global Communications Corp....
Air Canada, Emirates war of words escalates
The fight to limit Emirates Airline's access to the Canadian market escalated Tuesday with Calin Rovinescu, Air Canada's chief executive, accusing the UAE airline of telling "fairy tales" about the...
PicksThatMove.com Provides Investment Opinion on Apple Inc, Dell Inc., Microsoft Corporation, Research In Motion and Palm Inc.
CALGARY, Alberta - (Business Wire) The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of PicksThatMove.com. PicksThatMove is pleased to bring investors...
Intuitive Surgical, Inc. Announces First Quarter, 2010 Earnings Conference Call
SUNNYVALE, Calif. - (Business Wire) Intuitive Surgical, Inc. (NASDAQ: ISRG), the leader in operative surgical robotics, will hold its quarterly conference call to discuss first quarter, 2010 results,...
Video: Prius Driver's Frantic 911 Call
Toyota Prius driver Jim Sikes frantically called 911 when his car speed out of control on a stretch of San Diego highway. Ben Tracy reports the U.S. government wants to know what...
Video: Where America Stands: Green Energy
China and the U.S. are fighting to lead the world in green energy technology, but China is way ahead. Celia Hatton reports on what the U.S. needs to do to keep...
Video: Stock Market Scares Investors
Exactly a year ago, stocks hit a 12-year low, dealing a 401-K-O to a lot of retirement accounts. As Anthony Mason reports, after a remarkable comeback, millions of investors missed...
Despite Rally, Investors Stay on Sidelines
The Dow Jones Industrial Average has risen 61 percent since hitting a 12-year-low a year ago, but most individual investors have kept their money on the sidelines since witnessing the economy's...
Earnings: Advocat refocusing amid falling profits
Higher occupancy rates helped push revenue to $76.1 million for the fourth quarter, an increase of 2.9 percent over the same period a year earlier. But a 1 percent cut in Medicare rates that took...
ICF International's 4Q Net Ticks Higher
ICF International Inc.'s quarterly profit ticked higher as the company benefited from a lower tax rate and higher revenue from its consulting and technology services. The company's forecast for...
Wintrust Financial Closes $182.9M Stock Offering
Wintrust Financial Corp., which operates community bank subsidiaries, said Tuesday it sold 5.8 million shares in a public offering that netted about $182.9 million. The stock offering was first...