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HoustonMirror.com Friday 3rd September 2010 Issue 246/2010
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Wall Street continues upward trendWall Street continues upward trend
The Dow Jones rose more than 100 points Friday, the third day of gains for the key...


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Sexual harassment claims lead to big settlement in USSexual harassment claims lead to big settlement in US
A $5.8 million sexual harassment settlement will be paid by a building maintenance firm in the...
Accident claim ends with Ford paying restitutionAccident claim ends with Ford paying restitution
A Mississippi court has heard that the Ford Motor Co will pay $130 million over an accident that occurred in a Ford...
Jewish survivors say French Railway should lose US bidJewish survivors say French Railway should lose US bid
Holocaust survivors and the families in the US have objected strongly to a French Railway bid for high-Speed tracks in Florida, which will eventually connect Tampa and...
iPod nano has multi-touch interfaceiPod nano has multi-touch interface
Apple has come up with a new iPod nano with a multi-touch...
Burger King may be selling outBurger King may be selling out
Talks with potential buyers have reportedly been held by Burger King, the American fast food...
American and British Airways to coordinate frequent flyer American and British Airways to coordinate frequent flyer
American Airlines, British Airways and Iberia have been discussing how they will work together now that European regulators have allowed them to...
What now for Gulf? Fire complicates drill debate
WASHINGTON -- What now for the Gulf?News of another oil rig fire in the Gulf of Mexico, so soon after the BP oil spill, has set off a wave of anxiety along the Gulf Coast and prompted calls for the...
MGIC added $1.2B in mortgage coverage in August
MILWAUKEE -- Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures...
Union vote date set for Delta flight attendants
MINNEAPOLIS -- Flight attendants at Delta Air Lines will begin voting later this month on whether to join a union.The vote will be the first under new rules that are widely seen as making it easier...
Treasury prices fall on unemployment report
NEW YORK -- Treasurys are sliding after the latest Labor Department report showed private employers added more jobs than economists expected.The yield on the 10-year Treasury climbed to 2.71 percent...
Walgreen Gets An Infusion Business
Walgreen and Omnicare announced an asset trade today, in which Omnicare will acquire Walgreen's long-term care pharmacy business, and Walgreen will acquire Omnicare's home infusion...
Government Declares War On Small Business
Image via Wikipedia Today, we revisit a recurring theme: the assault on enterprise. It was the subject of our symposium in Vancouver in July. In this episode, we look at a particularly vulnerable...
Wal-Mart Spends Money Now To Make More Later
The current Trefis stock price estimate for Wal-Mart is $65.42 , about 28% higher than the current market price of around $50. Reasons for our bullish outlook include Wal-Mart’s rapid...
Soros Makes The Kochs Look Like Political Skinflints
valid criticism that the Kochs have been anything but stealthy in their funding, which tends to undermine the title of the article, “Covert Operations.” Writers can always blame an editor...
I'll Take That Paper: Take-Two Stomps Forecasts
Take-Two Interactive Software surged past analyst estimates with earnings of $5.9 million, or $0.7 per share, compared to a loss of $56.5 million, or $0.73 per share, in the same quarter last...
Thailand's 40 Richest: Introduction
Aturbulent May looked like it would send business reeling in Thailand--in response to protester encampments, the military took over parts of the capital and more than 80 civilians were killed as...
Disney Channels Safe At Time Warner After Deal
Disney and Time Warner Cable said late Thursday they had agreed upon a long-term pact to bring Disney's ABC, ESPN, and Disney channels to Time Warner customers in New York, L.A. and other...
Questions Linger Regarding New Forex Rules
New CFTC Rules Are Not Clear Many questions remain regarding trading offshore to evade leverage and other constraints posed by the new CFTC rules. Today we try to answer a few more questions along...
Barclays Puts Lexmark At $47, Xerox At $12
This morning, Barclays lowered its price target on shares of both Lexmark and Xerox as the economy has shown weakness over the past several weeks. The firm remains bullish over the long term,...
Omnicare & Walgreen Trade Assets, Walgreen Sales Disappoint
Forbes.com welcomes reader comments Permission to post reader comments is assumed and we reserve the right to refrain from posting or remove any comments that are deemed inappropriate. Find out more...
Credit Suisse Sees A $20 Stock In Finisar
KeyBanc Capital upgraded shares of The Buckle from underweight to hold as the firm expects the company to announce a special dividend soon. With the upgrade, however, the firm warns of high short...
Rep. Bernice Johnson: Profile In What Ails Washington
Image via Wikipedia Just when you thought it was impossible for Washington to surprise you with a new level craven self-interest, along comes little-known Congresswoman Bernice Johnson. It was...
Apple's Ping Plagued By Spammers
Image via CrunchBase For a first try at building a social network, Apple’s Ping isn’t terrible. Launched Wednesday, it’s a social network that actually helps you do something:...
The Corporate Jobs They're Hiring For Now
Although the national unemployment rate continues to be discouraging, job seekers have reason to be considerably more optimistic in some areas than in others--for instance if they're looking for a...
Floored By His Prices
Read All Comments Dynasty has become a stock market darling by upending tile distribution, cutting out dealers and selling direct to the consumer. That is a feat even Siam Cement has not been able...
Critical Insider Trade Alerts for Microsoft, Las Vegas Sands, Applied Materials, 3PAR, Target, & Dendreon; Reported by Insiderslab.com
/PRNewswire-Asia/ -- Insiderslab.com issues new research reports that highlight large insider trades found in for Microsoft, Las Vegas Sands, Applied Materials, 3PAR, Target, & Dendreon. Read...
New lottery game marks Kansas' 150th birthday
TOPEKA, Kan. -- The state's anti-gambling founders probably wouldn't have approved, but Kansas unveiled a new lottery game Friday to get a jump on celebrating its 150th birthday.The top prize for...
Companies add 67K workers, but jobless rate rises
WASHINGTON -- Private employers hired more workers over the past three months than first thought, a glimmer of hope for the weak economy ahead of the Labor Day weekend. But the unemployment rate...
Nursing homes broaden offerings to turn a profit
MIAMI -- Seniors amble the nursing home's halls, while children from around the world visit for biofeedback treatments. One floor down from the hospice, middle-aged workers fill its pain management...
Judge OKs sale of Ohio-based newspaper chain
CINCINNATI -- A federal bankruptcy judge in New York is approving the sale of most assets of Ohio-based newspaper chain Brown Publishing Co. to the company's lenders for about $21.8 million.Judge...
Esterline shares up after strong 3Q earns
NEW YORK -- Shares Esterline Technologies Corp. rose Friday after the defense contractor reported fiscal third-quarter earnings that beat analysts expectations and raised its annual outlook.THE...
Goldcorp agrees to buy Andean Resources for $3.42B
TORONTO -- Canada's Goldcorp Inc. said Friday it has agreed to buy Andean Resources Ltd. for about 3.6 billion Canadian dollars (US$3.42 billion), trumping a rival bid from Eldorado Gold Corp.The...
Leno's 'Tonight Show' Tanks To An All-Time Low
“Since the end of the broadcast season, Leno is averaging 3.8 million viewers and a 1.0 adults 18-49 rating. That’s a 12% improvement in total audience compared with O’Brien, though...
When A Colleague Falls Gravely Ill
A 29-year veteran at Manpower, Holmes has written a blog about workplace issues for the last three years, covering everything from leadership to interviewing techniques. Since receiving her cancer...
Miramax deal nearly done - probably
statement that the deal for the Disney-owned (NYSE: DIS) film production company was on after one of its investors, Morgan Creek Productions executive James Robinson,...
Billionaire John Pritzker Has Shed His Hyatt Stake
Hyatt hotel chain, has checked out of Hyatt’s stock. According to documents filed with the SEC on August 26, the John A. Pritzker Family Trusts no longer own any of the super-voting Class B...
Busted: Anti-Google Privacy Group Consumer Watchdog Is Tracking Your Clicks With Google Analytics
promoting a video that lampoons Google’s privacy practices by depicting an animated Eric Schmidt preying on unsuspecting children. In the video, Eric performs full body scans on the children...
Music Industry Thinks Google Is Coming To Save The Music Industry From Apple
Reuters reports .Google wants to have a “digital locker” for people’s music. That just means consumers can buy their music once and use it on every device. Apple...
Here's How Apple Is Beginning To Destroy Google's Core Search Business
The App Store is replacing the web search engine for mobile device users, at least for some searches. This should scare Google, because search is its core business, and it’s being...
Boglehead Mel Lindauer on Portfolioist.com
Boglehead extraordinaire, offers some advice for younger investors. Rocky markets like the one we’ve been bobbing along in are great for the young, Lindauer argued, because investments are...
All Over the Map
Over recent months Naiyuan Chi, chairman of MCS Steel in the Ayutthaya district 50 miles north of Thailand's capital, sent regular news updates and made video presentations to clients to show them...
Labor Report Eases Econ Fears
Stocks pared some of their gains by midday trading on Friday, fueld by better-than-expected August nonfarm payrolls, which reduced the risk of intensified economic weakenss.On Friday the Labor...
Nintendo Unimpressed By Steve Jobs' Reality Distortion Field
last year ). Apple chief executive Steve Jobs said that the iPod touch alone outsells Nintendo and Sony’s respective handheld consoles combined, claiming 50% of the portable gaming market....
Campbell Soup Profits Top Estimates, Sales Come Up Short
Campbell Soup posted fourth quarter earnings today that topped analyst expectations.The company said profits totaled $113 million, or $0.33 per share, compared to $69 million, or $0.20 per share, in...
Setback For Personalized Medicine As Pfizer Drops Celldex Brain Drug
new personalized cancer treatments moving through trials that will target only the patients whose tumors have the bad genes. The Celldex drug, undeniably a long-shot, would be a big deal for brain...
The Best Places To Hide
The bad news--at least for those of us who entertain escape fantasies--is that it's getting harder and harder to evade our modern communication and transportation grid. Internet cafés...
US business adds jobs, unemployment rate still up slightly - Summary
jobs than expected.Private employers added 67,000 jobs last month, according to Labor Department statistics.But there was still a net loss of 54,000 non-farm jobs last month, reflecting in large part...
More Americans Find Jobs but Are Still Unhappy
More than a quarter of American workers were unemployed at some point during the recession, but the new jobs they found haven't always turned out to be as satisfying as the ones they left behind,...
Apple Declares War on Nintendo, Sony Over Video Games
  ] has stumbled into a powerful position in the gaming world. The iPhone, iPod Touch and iPad were never designed as gaming platforms, but the app explosion that followed opened up the world of...