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Thursday, March 11, 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:
Wall St gains on economy bets; banks, techs lead ---- 3Com Wins Three-Year, Multi-Million Dollar Contract from the Department of Education and Training in Australia's Northern Territory ---- Google welcomes chance to export to Iran, Cuba ---- Boston Options Exchange is Moving Operations to Equinix ---- Brazilian Civil Engineering Firm Figueiredo Ferraz Earns Autodesk BIM Experience Award ---- Intuit and Kiva Work Together to Seed Small Business Growth Locally and Globally ---- Google chief sees outcome "soon" in China row ---- Live Nation Launches Operations in Germany ---- Robert Half: Legal hiring looking brighter in Q2

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CA Highlights:

California Realtors: Affordability index rises to 64% in Q3

California global warming law may lead to job losses, report says

Schwarzenegger: Lawmakers must cut more spending

Will climate law freeze jobs?

Furlough exemption bill could save millions in banked vacation

First Take: Schwarzenegger stays home. Pay cuts for lawmakers?

Furlough exemptions could save millions, report shows

State 'has to make cuts'

AB32 plays on economic fears
Corporate News:
Visa Extends FIFA-Themed Marketing Campaign to Global Audience

Acquisitions/Offerings/Dividends/Contracts: --- Bruker and Agilent Technologies Announce Agreement for Bruker to Acquire Certain Varian, Inc. Product Lines ---- THE FIRST AMERICAN CORPORATION DECLARES QUARTERLY CASH DIVIDEND ----

Corporate Actions: --- Cisco Introduces IP-Based Dispatch and Brings Mobile Video to First Responders ---- Watson Announces Actos(R) Patent Challenge Settlement ---- Cancer Patients in Kent Gain Access to Advanced RapidArc® Radiotherapy Treatments from Varian ---- Intuit Online Payroll Gives Small Businesses the Tools to Efficiently Manage Payroll via Google Apps ---- Google adds bike lane with latest mapping feature ---- Google’s Computing Power Refines Translation Tool ---- Chevron ax misses U.S. refineries ---- Jarden Presents Strategy for Consistent, Profitable Growth at Analyst and Investor Day - Reiterates Goal of $5.00 Diluted EPS within Five Years - ---- Disney keeps ABC options open, including spin-off ---- Aerojet Supports Launch and Orbital Placement of GOES-P ---- Disney Adds Fan Show in Anaheim ---- Google opens online store for business apps ---- Disney unveils unlimited annual pass ----

Boards, Meetings & Personnel: --- Report: Former Brocade CEO seeks mistrial

Awards, Products & Shows: --- Oscar(R) Winners Avatar, The Hurt Locker and Logorama Benefit from Autodesk Technology ---- eFax Integrated App Now Available Through the Google Apps Marketplace ---- EA Expands Interactive Fitness Product Line With New EA SPORTS Active ---- Lead Your Team to Glory! Tiger Woods PGA TOUR 11 to Feature Ryder Cup ---- WD(R) Introduces New My Passport(TM) AV Portable Media Drives ----


Numbers of Interest:

Unemployment Breaks 10%, Layoffs Surge in Jan. (Orange County)

Unemployment tops 13 percent in Sacramento region

AB32 vs. jobs

PG&E prepared to spend $35 million on June ballot measure

Rovi Corporation Reports Confirmation of a $2.4 Billion Tax Loss from the 2008 Sale of TV Guide Magazine

State’s 2009 grape crush up 11 percent

California Realtors: Affordability index rises to 64% in Q3

Quarterly Reports & Financials: Semtech Announces Fourth Quarter of Fiscal Year 2010 Results ---- Gymboree Q4 profit beats Street; Q1 view strong



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Events - updated 3/3/10
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    The California Index - Charts & Statistics

    INDEX OVERVIEW


    74 3/10/10 - 16:27 PDT - The California Index opened trading today at $7032.36 and closed UP after for the fifth day in a row at $7083.99 for a net INCREASE of $51.63 Over the last 10 business days, the Index has RISEN $423.66 Over the last 11 business days, the Index has RISEN $389.25 Since March 1, 2010, the Index has RISEN $378.18 In Comparison, Index rose $193.50 in Feb.

    Today, 10 companies earned profits over $1, while 2 lost profits over $1. The NYSE had 3 winners and 1 loser, while the NASDAQ had 7 winners and one loser.

    10 of 12 Index segments posted gains

    Combined NYSE & NASDAQ categories produced the following results:


    Agriculture & Food - DOWN $0.27
    Banking, Credit & Finance - UP $3.82
    Construction, Real Estate & Property - UP $0.49
    Consumer Products - UP $2.98
    Employment Services UP $3.35
    Energy UP $2.59
    Entertainment - UP $2.26
    Health - UP $12.72
    Insurance - UP $0.20
    Manufacturing - UP $3.72
    Technology - UP $18.62
    Transportation - DOWN $0.02


    NYSE - UP $17.81
    Agriculture & Food - DOWN - $0.02
    Banking, Credit & Finance - UP - $1.62
    Construction, Real Estate & Property - UP $0.49
    Consumer Products - UP $2.69
    Employment - UP $2.57
    Energy - UP $0.79
    Entertainment - UP $0.58
    Health - UP $2.91
    Insurance - UP $0.20
    Manufacturing UP $3.04
    Technology - UP $2.45
    Transportation - UP $0.49

    NASDAQ - UP $33.82
    Agriculture and Food - DOWN $0.25
    Banking, Credit & Finance - UP $2.20
    Construction, Real Estate and Property- NS
    Consumer Products - UP $0.29
    Employment Services - UP $0.78
    Energy - UP $1.80
    Entertainment - UP $1.68
    Health - UP $9.81
    Insurance - NS
    Manufacturing - UP $0.68
    Technology - UP $16.17
    Transportation - DOWN $0.51
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In Case You Missed It ....
Today's Economic News


3/10/10

3/8/10


3/5/10
  • 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
  • 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







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