Posts Tagged ‘tuesday’

Beckham’s MLS experiment ending with a whimper

After five years of false starts David Beckham will finally make his Toronto Major League soccer debut when the Los Angeles Galaxy make an early season visit to play the Toronto FC on Tuesday

Oil slumps on growth worries; stocks drop

Oil prices suffered their biggest twoday loss in 11 months and stocks dropped on Tuesday on concerns about the strength of global growth and as Goldman Sachs warned crude was set for a pullback.

Tenet seen still in play, even after lawsuit

CHICAGO (Reuters) – Tenet Healthcare Corp shares retained a takeover premium on Tuesday, a day after it lobbed a legal grenade at unwanted suitor Community Health Systems , suggesting that investors still believe a deal between the two rivals could happen.

Rajaratnam trial defense targets Goldman evidence

NEW YORK (Reuters) – Hedge fund founder Raj Rajaratnam’s trial defense on Tuesday tried to deflect prosecution evidence that he traded on inside information about Wall Street’s most influential bank, Goldman Sachs Group Inc, at the height of the 2008 financial crisis.

Essar Oil says it will continue import of crude from Iran

Essar Oil , which sources three million barrels per month of crude from Iran, on Tuesday said it will continue to import crude from Iran in the coming days. “Crude supplies from Iran are normal and there is no disruption.

Congress wants Hazare to start campaign against UP govt

Alleging that Uttar Pradesh is the most corrupt of all states, the Congress on Tuesday asked social activist Anna Hazare to start a movement from the state if he wanted to start a statebased campaign.

Trade deficit with China matter of concern: India

Ahead of the meeting between Prime Minister Manmohan Singh and Chinese President Hu Jintao, India on Tuesday said trade imbalance in favour of China was a matter of concern and India had sought greater market access to bridge it.

Company behind Priceline sues Internet heavies

Walker Digital, a research and development laboratory for technology patents, filed 15 lawsuits on Tuesday against more than 100 companies including Apple, Microsoft, eBay, Amazon and Google for unauthorized use of its intellectual property rights.

India, China move towards holding joint military exercises

Months after suspending the highlevel defence exchanges, India appears to be moving to resume military manoeuvres with China as indications emerged on Tuesday that the two countries could be holding joint exercises in the near future.

Goldman rocks oil for second day, sees $105 Brent

NEW YORK (Reuters) – Goldman Sachs rocked oil markets for a second day Tuesday by calling for a nearly $20 fall in Brent crude oil, saying speculators had pushed prices ahead of fundamentals.

GM to invest $100 million in New York parts plant

ROCHESTER, New York (Reuters) – General Motors Co said on Tuesday it will invest $100 million in a New York parts plant that the company and union officials say was kept from closing because workers there agreed to “second-tier” wage levels designed to keep U.S. automakers competitive.

Monsanto shares rise on BASF buyout rumors

NEW YORK (Reuters) – Monsanto Co shares were up 1.8 percent on Tuesday on rumors Germany’s BASF , the world’s largest chemical maker, would bid for the global biotech seed company.

Japan quake’s economic impact worse than first feared

TOKYO (Reuters) – Japan’s economics minister warned on Tuesday that the economic damage from last month’s earthquake and tsunami is likely to be worse than initially thought as power shortages will crimp factory output and restrict supply chains.

With 3 trading days, how does Udayan see the week shaping?

Just three trading sessions, two off days, Tuesday and Thursday and the week starts off with the IIP numbers with some focus on macro and ends with the Infosys numbers on Friday with getting into micro in a big way with earnings season.