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California - The Golden State
Tuesday, March 09, 2010  

Economic News Articles (15,430 + articles) ----- Laughter: The Lighter Side of Business & Economics ----- Sign Up For Our Newsletter, CLICK HERE   


Commentary, National & International Headlines:
ECONOMY - Job offers shrink for MBA, law grads ---- Statement From Northrop Grumman on U.S. Air Force Aerial Refueling Tanker Program ---- ---- Spring Cleaning Spruces up Your Home and Helps Your Mental Health Shine ---- THE ECONOMY - STOCKS MAY SIGNAL REBOUND ---- Northrop to skip tanker bid, EADS mulls going solo ---- Cyber-bullying cases put heat on Google, Facebook ---- Herbalife Family Foundation Expands Casa Herbalife Programs in Mexico ---- Watson Confirms Filing of Generic Opana(R) ER Application ---- Bargain prices lure homebuyers in February ---- Google seen testing TV program search

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CA Highlights:
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Lawmakers target credit checks that hurt job applicants

Budget cuts slash California rehabilitation program for prisoners

Dan Walters - Oversight unit misses the mark

Valley mortgage foreclosure, delinquency rates still climbing

Dan Walters - California's politicos dig deeper hole

Interest in buying state offices in California is building

GOP seeks review of 'job-killer' bills in California

Report: Californians need to be better prepared for earthquakes

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Corporate News:
Disney allows Cablevision to resume showing WABC-7 as revenue negotiations continue

Acquisitions/Offerings/Dividends/Contracts: --- Broadcom Completes Acquisition of Teknovus --- Douglas Emmett, Inc. Announces Quarterly Cash Dividend ---

Corporate Actions: --- --- Merced Co. vies for Google test site --- Broadcom Invests in Server Chip Maker --- Cisco seen touting faster Web, new products Tuesday

Boards, Meetings & Personnel: --- QLogic Appoints Minoru Yasuda as General Manager of QLogic Japan --- Visa Inc. Appoints Elizabeth Buse Group Executive, International --- Varian Medical Systems Names Dr. John Adler as Chief of New Clinical Applications --- Sun exec named technology chief at The Armada Group ---

Awards, Products & Shows: --- Jack in the Box(R) Rolls Out New French Fries --- CRN Names Ingram Micro's Brian Wiser, Justin Crotty and Kirk Robinson to Prestigious 2010 Channel Chiefs List --- U.S. Office of Personnel Management Awards Northrop Grumman Follow-On Enterprise Human Resources Integration Blanket Purchase Agreement Worth Up to $100 Million ---


Numbers of Interest:

New Issue-Southern California Edison sells $500 mln in bonds

Applied Materials plans $2B stock repurchase

Isis Earns $6 Million Milestone Payment From Bristol-Myers Squibb for BMS-PCSK9Rx

Applied Materials Announces Increased Cash Dividend and $2 Billion Share Repurchase Authorization

Going to the mat over money

DaVita Delivers 20 Presentations at Annual Dialysis Conference


Quarterly Earnings Reports & Financials: --- TiVo loss smaller than expected, shares up
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Events - updated 2/26/10
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    The California Index - Charts & Statistics

    INDEX OVERVIEW


    74 3/6/10 - 16:15 PDT - The California Index opened trading today at $7008.75 and closed UP after for the third day in a row at $7019.25 for a net INCREASE of $10.50 Over the last 8 business days, the Index has risen $357.07 Over the last 11 business days, the Index has RISEN $323.66 Since March 1, 2010, the Index has risen $312.59 In Comparison, Index rose $193.50 in Feb.

    Today, 8 companies earned profits over $1, while three lost profits over $1. The NYSE had 6 winners and 3 losers, while the NASDAQ had 2 winners and one loser).

    9 of 12 Index segments posted gains

    Combined NYSE & NASDAQ categories produced the following results:


    Agriculture & Food - DOWN $0.63
    Banking, Credit & Finance - UP $0.31
    Construction, Real Estate & Property - UP $3.70
    Consumer Products - UP $4.19
    Employment Services DOWN $0.29
    Energy UP $1.56
    Entertainment - UP $1.45
    Health - DOWN $7.15
    Insurance - UP $0.32
    Manufacturing - UP $1.17
    Technology - UP $4.92
    Transportation - UP $0.52


    NYSE - UP $7.71
    Agriculture & Food - DOWN - $0.67
    Banking, Credit & Finance - UP - $1.18
    Construction, Real Estate & Property - UP $3.70
    Consumer Products - UP $1.96
    Employment - DOWN $0.21
    Energy - UP $1.44
    Entertainment - UP $0.51
    Health - DOWN $4.50
    Insurance - UP $0.32
    Manufacturing UP $0.43
    Technology - UP $2.74
    Transportation - UP $0.81

    NASDAQ - UP $2.79
    Agriculture and Food - UP $0.04
    Banking, Credit & Finance - DOWN $0.87
    Construction, Real Estate and Property- NS
    Consumer Products - UP $2.23
    Employment Services - DOWN $0.08
    Energy - UP $0.12
    Entertainment - UP $0.94
    Health - DOWN $2.65
    Insurance - NS
    Manufacturing - UP $0.74
    Technology - UP $2.18
    Transportation - DOWN $0.29
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In Case You Missed It ....
Today's Economic News


3/5/10
  • Economic News Articles (15,430 + articles) ----- Laughter: The Lighter Side of Business & Economics ----- Sign Up For Our Newsletter, CLICK HERE   

  • Wall St rallies on jobs data, consumer credit
  • FBI director warns of 'rapidly expanding' cyberterrorism threat
  • TiVo shares soar on ruling against EchoStar
  • Google takes aim at Microsoft with acquisition
  • Microsoft to stay its China course despite Google spat
  • Gap launches denim recycling drive
  • HP revises results on EDS litigation
  • ComScore: Yahoo top online Olympics coverage site
  • Rambus wins mixed patent ruling against Nvidia
  • The California Index News Portal ----------- Past Front Pages
  • Daily Index Analysis note: you'll be leaving the California Index and logging into one of our sister sites
  • California’s unemployment rate edges up, even as hiring increases
  • Patches to California's yawning budget gap are OKd
  • Race to the Top wasn’t a total loss
  • CalPERS makes changes in two chief positions
  • CalPERS hires former Barclays Global exec
  • State lawmakers make ‘down payment’ on deficit
  • California's first couple were paid for tourism promotions
  • NASDAQ News Featuring Index Listed Corporations note: you'll logging into our sister site
  • Gap launches denim recycling drive
  • Acquisitions/Offerings/Dividends/Contracts:
  • Life Technologies, TGen and US Oncology Partner on Groundbreaking Breast Cancer Sequencing Research --- Google buys DocVerse for Microsoft Office sharing --- Essex Property Trust Acquires Interest in Luxury Orange County Condominium Project ---
  • Corporate Actions: Next Generation Dissolution Apparatus From Varian, Inc. Blends Flexibility With Automation --- ISIS Initiates Phase 1 Clinical Trial of ISIS-SOD1Rx in Patients With ALS --- Adobe Offers Android Developers Free Photoshop.com Mobile Editor, "Unlike iPhone" --- XenoPort Restructures to Focus on Key Programs --- HP revises results on EDS litigation --- Life Technologies, TGen and US Oncology Partner on Groundbreaking Breast Cancer Sequencing Research ---
  • Boards, Meetings & Personnel: DaVita Announces Chief Financial Officer --- XenoPort to cut half its staff
  • Awards, Products & Shows: McAfee Wins 2010 SC Magazine Awards in Multiple Categories --- Salesforce.com Named to Fast Company's List of the Top 10 Most Innovative Web Companies --- McKesson Named "Most Admired" Company Among Healthcare Distributors by FORTUNE Magazine and one of Nation's 100 Best Corporate Citizens by Corporate Responsibility Magazine ---
  • Numbers of Interest:
  • STATE ASSEMBLY - Bass raises pay 10% for 20 staffers - PROMOTIONS GIVEN ON HER LAST DAY AS SPEAKER
  • Calif. passes gas tax changes to help $20B deficit
  • Apple iPad Available For Pre-Order From March 12, On Sale From April 3
  • Tax Oil Companies, Not Students
  • H-P cuts Q1 profit by $73M in restatement
  • California's January jobless rate rose to 12.5%
  • Quarterly Earnings Reports & Financials: ---
  • Volcano revenue rises, but bottom line shrinks --- HP cuts Q1 profit by $73M in revision

    3/4/10
  • Economic News Articles (15,430 + articles) ----- Laughter: The Lighter Side of Business & Economics ----- Sign Up For Our Newsletter, CLICK HERE   

  • Wall St rallies late on retail sales; jobs data eyed
  • Rambus says two patents affirmed in Nvidia fight
  • Watson Announces Agreement to Acquire U.S. Rights to Columbia Laboratories' CRINONE(R) Progesterone Gel Product Line
  • Microsoft Launches Its First Android App. Yes, Google's Platform.
  • Atmel Introduces Automotive Devices Featuring Robust Connectivity, High Security, Lower Cost and Lower Carbon Footprint
  • Safeway Voluntarily Recalls Red Potato Salad
  • Colombian Government Uses Cisco TelePresence to Speed Decision Making
  • Study of U.S. Data Center Industry Indicates Widespread Expansion of Data Center Facilities Will Continue in 2010 and 2011
  • HP Foundation gives $500K to Chile earthquake relief
  • Conservation group challenges PG&E, seeks more water for Eel River
  • The California Index News Portal ----------- Past Front Pages
  • Daily Index Analysis note: you'll be leaving the California Index and logging into one of our sister sites
  • Proposition 98 fight at core of state budget debate
  • Editorial: State needs to cut the fat in Caltrans STATE ANALYST SEES $200 MILLION IN SAVINGS FROM EXCESS STAFFING
  • More California cars registered in January
  • Brown looks at pension overhaul - CANDIDATE SAYS HE’S LOOKING FOR AN HONEST BUDGET, NOT TAX INCREASES
  • Briefing Report: The Electric Kool-Aid Acid Test - Energy-Intensive Manufacturing Meets CA's High-Cost Energy
  • NASDAQ News Featuring Index Listed Corporations note: you'll logging into our sister site
  • Rambus says two patents affirmed in Nvidia fight
  • HP loses appeal on huge state health pact EA and Klei Entertainment Join Forces EA Partners and Hothead Games Team up to Deliver DeathSpank in 2010 Cotton Incorporated Partners With Gap For Nationwide Gap Inc. Reports February Sales CyberSource to Host Fraud Management Webinars Varian Medical Systems to Highlight Leading Solutions for Digital X-Ray Imaging at the ECR Annual Meeting Atmel First to Introduce Off-the-Shelf Automotive-Qualified Capacitive Touch Controller Atmel Introduces Automotive Devices Featuring Robust Connectivity, High Security, Lower Cost and Lower Carbon Footprint Safeway Voluntarily Recalls Red Potato Salad Nationwide Buys Five More Medical Buildings TiVo soars on infringement ruling against Dish, EchoStar Thoratec hopes to leverage OK for heart device CB Richard Ellis Group, Inc. Promotes Gil Borok to Chief Financial Officer Agilent CFO leaves to take same role at Skype EA Announces The Sims 3 Ambitions Expansion Pack Salesforce.com Nominated to the '.com 25' for its Contributions to Shaping the Internet IR's AUIPS7111S Intelligent Power Switch Delivers Ultra Low On-State Resistance for 24V Automotive Applications TazTag Adds ZigBee Functionality With Atmel Product to New TazCard Contactless Portable Device
  • Jobless rates rose in every state in '09
  • Ross Stores Reports February Same Store Sales Gain of 11%
  • Wells Fargo CEO got $21.3M in 2009
  • HP Foundation gives $500K to Chile earthquake relief
  • Long-term mortgage rates back below 5%
  • Foreclosure rates jump throughout Central Valley
  • Quarterly Earnings Reports & Financials: --- Del Monte Foods Company Reports Fiscal 2010 Third Quarter Results --- Volcano Corp. revenue erupts 44 percent ---

    3/3/10








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