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Monthly Archive August, 2011

Macarthur Coal backs Peabody, ArcelorMittal bid

August 30, 2011

Australian miner Macarthur Coal Ltd. has recommended its shareholders accept a sweetened takeover bid from U.S energy giant Peabody Energy Corp.
Macarthur’s board had previously rejected […]

business, economics - Comments closed

Money Manners: Your parents are mooches

August 28, 2011

Dear Jeanne & Leonard:
My parents fell on hard times two years ago, and they moved in with me when they lost their home. I […]

marketing, money - Comments closed

Tough to monitor company based in China

August 27, 2011

The free fall of Sino-Forest

banks, management - Comments closed

Survey: Overhaul may push employee benefits shift

August 25, 2011

Nearly one of every 10 midsized or big employers expects to stop offering health coverage to workers after insurance exchanges begin operating in 2014 as […]

business, loans - Comments closed

Stocks rise broadly, second day of gains

August 23, 2011

Stocks are sharply higher in midday trading for the second day in a row.
Exxon Mobil Corp. rose the most of the 30 stocks in the […]

banks, finance - Comments closed

Asian markets rise amid bargain-hunting

August 22, 2011

Asian stocks rose Monday as investors shrugged off fears of a slowdown in the U.S. and scooped up bargains after last week’s slide.
Japan’s Nikkei 225 […]

credit cards, news - Comments closed

Wells Fargo to expand local brokerage arm

August 20, 2011

Wells Fargo Advisors is shaking up its management and planning to move jobs to St. Louis.
CEO Danny Ludeman says the firm plans to add perhaps […]

banks, online - Comments closed

State contractor’s tenure a ‘disaster from the beginning’

August 19, 2011

The contractor the state hired in May to assess the needs of Missouri’s 50,000-plus Medicaid recipients botched the job from the outset, according to health […]

credit cards, marketing - Comments closed

China announces measures to support HK economy

August 17, 2011

China’s vice premier announced measures on Wednesday to boost Hong Kong’s economy in a show of support for the Chinese territory’s government as it struggles […]

legal, loans - Comments closed

Foreign holdings fell during debt ceiling talks

August 15, 2011

Foreign investors cut their holdings of U.S. Treasury debt in June for the first time in nearly a year. The decline came at a time […]

business, debt - Comments closed