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Archive for 'finance'

Super Bowl advertisement for Doritos brings Raleigh studio $650,000

February 9, 2010

A Raleigh production studio is $650,000 richer Monday after a Doritos ad taped in Cary was ranked No. 2 among the best TV commercials aired […]

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Peabody to spend $70M on mine in Australia

February 1, 2010

Peabody Energy Corp., the world’s largest private-sector coal company, on Thursday said it will spend $70 million to expand its Metropolitan mine in New […]

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SolarWorld’s ’09 sales beat expectations

January 8, 2010

SolarWorld AG on Tuesday said its 2009 sales surpassed expectations, reaching nearly $1.5 billion.
The Germany solar panel manufacturer, which has a nearly 700,000-square-foot plant in […]

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India’s Exports Increase for First Time in 14 Months

January 4, 2010

India’s exports rose for the first time in 14 months as recovery in the global economy boosted year-end holiday demand for the South Asian […]

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AIG closes debt for equity deal with NY Fed

December 2, 2009

Insurance giant American International Group Inc (AIG) said on Tuesday it had closed two transactions that reduce its debt with the Federal Reserve Bank […]

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Ask the expert - Ken Kruse, president, Payne Family Homes

November 29, 2009

How can you evaluate the financial stability of a home builder?
At one time, the factors driving the home-building decision were location, construction quality […]

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Canadians left in the dark on car mat danger

November 20, 2009

Toyota began sending letters to millions of U.S. customers three weeks ago warning them about the danger of loose floor mats interfering with accelerator pedals, […]

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U.S. consumer sentiment falls in November

November 14, 2009

U.S. consumer sentiment fell in early November to the weakest in three months amid grim expectations for job and income prospects, a survey showed […]

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The dollar is weak because …

November 12, 2009

Here’s the latest twist on the timeless chicken versus the egg debate. Which came first: the stock and commodities rally or the weaker dollar?
There […]

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Bank of Japan May Forecast Third Year of Deflation This Week

October 26, 2009

The Bank of Japan will probably forecast this week that deflation will extend into 2011, an indication that borrowing costs are likely to stay […]

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