Business News |
![]() New York Daily News | Unemployment rises slightly in August to 9.6% Los Angeles Times The nation lost 54000 net positions last month, the US reports. Once-growing manufacturers shed jobs last month, as did budget-strapped state governments and the Census Bureau. Job seekers wait to meet potential employers at a career fair in Denver. ... Unemployment rate rises, in sign of weak growth Companies add 67K workers, but jobless rate rises Private-sector adds jobs, just not enough of them |
![]() Reuters | US government probing Mariner platform fire Reuters HOUSTON, Sept 3 (Reuters) - The US government on Friday launched an investigation into Mariner Energy Inc's (ME.N) Gulf of Mexico platform fire as the Coast Guard said there were no signs of crude oil leaking from the offshore facility. ... Mariner Gulf Fire Sparks Calls to Keep Drilling Ban Mariner Energy platform fire inflames Gulf debate BP's Deepwater Disaster Costs Mount |
![]() Boston Globe | Dow Up 100 on Better Jobs Report TheStreet.com NEW YORK (TheStreet) -- Stocks kicked off Friday on a sharp upswing after the government offered a much less dour assessment of the labor market than had been expected. The Dow Jones Industrial Average was surging ... Stocks extend September rally after jobs report Dow Opens Sharply Higher After Jobs Report U.S. stock futures applaud August jobs report |
![]() MiamiHerald.com | Campbell 2011 Earnings Forecast Trails Some Analysts' Estimates BusinessWeek Sept. 3 (Bloomberg) -- Campbell Soup Co., the world's largest soup maker, gave a full-year earnings forecast that trailed some analysts' estimates after US soup sales slumped 5 percent last quarter. Earnings will rise 5 percent to ... Campbell Soup Slips After Missing Sales Target Campbell Q4 profit up; outlook sends shares down Campbell reports Q4 profit rise on better margins |
![]() GoldAlert | Goldcorp Grabs Andean For $3.4 Billion Forbes Gold producer Goldcorp ( GG - news - people ) on Friday said it would acquire fellow gold miner Andean Resources for around US$3.4 billion. Andean's principal asset is the Cerro Negro gold project in in the Santa Cruz province of Argentina. ... Goldcorp to buy Andean Resources for $3.42 billion Gold dips in tentative trade before jobs data Bidding war set for Andean |
![]() Proactive Investors USA & Canada | Service Companies in US Expand Less Than Forecast Bloomberg Sept. 3 (Bloomberg) -- US Labor Secretary Hilda Solis talks about the US employment report for August, tax policy and prospects for a second round of stimulus spending. Private payrolls that exclude ... Pound Advances After US Companies Add More Jobs Than Forecast US Stock Futures Rally As the Private Sector Adds Jobs In August The Private Sector ADDED 67000 Jobs in August |
![]() Reuters UK | TREASURIES-US bonds fall sharply on Aug payrolls report Reuters NEW YORK, Sept 3 (Reuters) - US Treasuries prices fell sharply on Friday after the government reported that the US private sector added 67000 jobs, a surprisingly large number, to payrolls in August. The Labor Department also said ... TREASURIES-US bonds reduce losses after weaker ISM index TREASURIES-US bonds fall sharply on Aug payrolls report Treasurys Sink on Payrolls Report |
![]() The Hindu | Owners of a Third of 3PAR Back HP Bid ABC News NEW YORK (Reuters) - Data storage provider 3PAR Inc said on Friday that shareholders owning about a third of its shares have agreed to accept Hewlett-Packard Co's proposal to buy the company for $2.4 billion. HP won a bidding war for 3PAR as Dell Inc ... HP Wins 3PAR, What's Next for Dell? Dell vs. Hewlett-Packard HP poised to acquire 3Par as Dell bows out |
![]() Reuters India | Riskier Markets Get Boost From Jobs Report Wall Street Journal NEW YORK—Stocks and other growth-sensitive markets got the best news they've had for some time with Friday's better-than-expected US payrolls report for August. Stocks climbed on Wall Street while Treasurys weakened. ... Reaction to August payrolls report Jobless Rate 9.6% In Mixed Labor Report US payrolls fall less than expected in August |
![]() RTT News | Celldex, Pfizer Split Over Brain Tumor Drug TheStreet.com NEEDHAM, Mass. (TheStreet) -- Pfizer(PFE) walked away from a partnership with Celldex Therapeutics(CLDX) to develop the small drugmaker's brain tumor vaccine CDX-110, Celldex announced Friday. ... Celldex says Pfizer ends cancer vaccine deal; shrs sink Pfizer Ends Celldex Accord for Brain-Tumor Vaccine; Celldex Shares Plunge Celldex plunges; drug stock indexes climb |