Archive for December 14th, 2009

SEC reopens comment period on board nomination proposal

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A glimpse at Google’s new phone?

G oogle Inc. GOOG-Q plans to sell two versions of its own-branded cellphone, one with a service contract with T-Mobile USA and another that is unlocked, a source familiar with the matter said. The phone, manufactured by HTC, has a number of code names such as HTC Passion, Dream or Nexus One and could be available directly though the Google website as early as Jan

Chief lobbyist leaving SIFMA for restaurant association

Scott DeFife, senior managing director of government affairs in the Washington office of the Securities Industry and Financial Markets Association, is leaving to take a job at the National Restaurant Association, SIFMA said today. The move represents something of a step up for Mr. DeFife

AlphaShares fund offers China play and#8212; without the fireworks

The major pros and cons of investing in China could be summed up as growth and volatility. But Jonathan Masse, senior portfolio manager with AlphaShares LLC, believes the growth is worth the ride. “We’re big fans of the China story because that’s where most of the growth is, but that growth does come with volatility,” he said.

What’s the outlook for gold? What Obama told the banks

T oday’s top stories from Report on Business : Obama meets with bankers President Barack Obama left no doubt today as to where he stands on the U.S. banking system, at least publicly. After meeting with key bank executives for more than an hour, the President said he urged the banks to find “every responsible way” to boost lending, and that much of the crisis of the past year was of their own making.

Merrill warns of housing bubble

C anada is likely inflating a housing bubble, Bank of America Merrill Lynch warned Monday in its 2010 investment outlook. “We’ve got a long way to go before we could put a bubble label on this market,” economist Sheryl King said.

Google said to offer two cellphone versions

G oogle Inc. GOOG-Q plans to sell two versions of its own-branded cellphone, one with a service contract with T-Mobile USA and another that is unlocked, a source familiar with the matter said. The phone, manufactured by HTC, has a number of code names such as HTC Passion, Dream or Nexus One and could be available directly though the Google website as early as Jan

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