Jul 31, 2013

Google Alert - Business News

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China official PMI rises to 50.3 in July CNBC.com
China's manufacturing sector managed to stay in expansionary phase in July, according to official government data on Thursday, defying forecasts of a contraction. Official manufacturing Purchasing Managers' Index (PMI) rose to 50.3 in the month from 50.1 in ...
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House approves lower rates on student loans USA TODAY
The House passed a bill Wednesday to reduce costs of taking out loans for many U.S. students. Rep. John Kline. House Education Committee Chairman Rep. John Kline, R-Minn., left, followed by House Majority Whip Kevin McCarthy of Calif., walks to the ...
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JC Penney stock plummets after credit squeeze report CNBC.com
Commercial lender CIT has stopped supporting deliveries to JC Penney stores from smaller manufacturers, according to a report from the New York Post, citing a source close to the situation. After the report, which came out just before the closing bell, JC ...
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Mass. economy deteriorates in recent months Boston.com
The Massachusetts economy deteriorated in the three months between April and June as federal budget cutbacks and tax increases earlier this year undermined the state's expansion, according to a report by the University of Massachusetts and the Federal ...
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New poll shows voters give Gov. Jerry Brown high marks Los Angeles Times
SACRAMENTO -- Most California voters say they approve of the job Jerry Brown is doing as governor, according to a new survey. The poll from the Public Policy Institute of California found 54% of the state's likely voters give Brown positive marks for his work ...
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Internet analyst charged in SAC case Financial Times
A former internet research analyst with Collins Stewart was charged with conspiracy for allegedly telling an SAC Capital portfolio manager and others that talks concerning a confidential tie-up between Microsoft and Yahoo had restarted. Sandeep Aggarwal ...
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MasterCard Rises On Q2 But Pulls Back On Debit Ruling Investor's Business Daily
MasterCard (MA) beat revenue and earnings forecasts Wednesday morning on higher card spending with growth in international markets outpacing gains in the U.S. and Canada. But shares gave up some of their earlier gains after a federal court judge in ...
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Kodak CEO sets departure Rochester Democrat and Chronicle
ROCHESTER, N.Y. -- Antonio Perez, who oversaw Eastman Kodak Co. during one of the most trying periods in company history, will be stepping down from the position by fall 2014 at the outside. The Rochester-based printing and imaging company said ...
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Yelp Shares Rise As Q2 Loss Narrows, Lifts Full-year Revenue Outlook RTT News
Shares of Yelp, Inc. (YELP: Quote) gained more than 7 percent in extended trades Wednesday after the consumer review website's second-quarter loss narrowed from last year and results beat analysts' estimates. The company also forecast revenue for the ...
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US Economic Growth Likely Weakened in 2nd Quarter ABC News
A report Wednesday is expected to show the U.S. economy barely grew from April through June. But economists are hopeful that the weak second quarter is a temporary lull that gives way to stronger growth in the second half of the year. Higher tax increases ...
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