Daily Wrap Up - Oct 22.<h1>U.S. takes aim at executive pay</h1> U.S. officials on Thursday took aim at generous executive pay packages, saying it was offensive that firms receiving substantial taxpayer aid paid their officers and other top employees so lavishly. <a href="http://www.ibtimes.com/articles/20091022/utakes-aim-at-executive-pay.htm">Read Full Article here</a>. <h1>U.S. Economy: Leading Economic Indicators Leading economic indicators Economic series that tend to rise or fall in advance of the rest of the economy. Rise for Sixth Straight Month</h1> A U.S. index of leading economic indicators index of leading economic indicators An index that is compiled by the Conference Board, a private-sector consulting firm. The index is designed to indicate the future direction of economic activity. rose for the sixth straight month in September, with eight of ten indicators increasing for the month, suggesting a recovery in the U.S. economy is developing, the privately held non-profit Conference Board said on Thursday. <a href="http://www.ibtimes.com/articles/20091022/wal-mart-keeps-conservative-growth-approach.htm">Read Full Article here</a>. <h1>Wal-Mart keeps conservative growth approach</h1> Wal-Mart Stores Inc said on Thursday it will keep its conservative approach to U.S. expansion as it pours resources into renovating stores or exploring higher-return investments abroad. Read <a href="http://www.ibtimes.com/articles/20091022/wal-mart-keeps-conservatives-store-growth-plan.htm">Full Article here</a>. <h1>U.S. stimulus stimulus /stim·u·lus/ (stim´u-lus) pl. stim´uli [L.] any agent, act, or influence which produces functional or trophic reaction in a receptor or an irritable tissue. needed until private sector begins borrowing: Koo</h1> The chief economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the at Nomura Securities' research arm said Thursday that the U.S. government must keep spending money to boost the economy to avoid the same stagnation Stagnation A period of little or no growth in the economy. Economic growth of less than 2-3% is considered stagnation. Sometimes used to describe low trading volume or inactive trading in securities. Notes: A good example of stagnation was the U.S. economy in the 1970s. Japan suffered in the 1990s. <a href="http://www.ibtimes.com/articles/20091022/ueconomy-leading-economic-indicators-rise-sixth-straight-month.htm">Read Full Article here</a>. <h1>FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. commissioners support open Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the rule</h1> U.S. communications regulators voted unanimously to support an open Internet rule that would prevent telecom network operators from barring or blocking content based on the revenue it generated. <a href="http://www.ibtimes.com/articles/20091022/fcc-commissioners-support-open-internet-rule.htm">Read Full Article here</a>. <h1>Cost cuts at Big Pharma fail to excite</h1> Cost cuts helped drugmakers shore up profits in the third quarter, but concerns over sustainable revenue growth continues to worry investors. <a href="http://www.ibtimes.com/articles/20091022/cost-cuts-at-big-pharma-fail-to-excite_all.htm">Read Full Article here</a>. <h1>AT&T tops estimates as customers flock flock 1. a group of one species of animal or bird which eats or travels or is kept together, e.g. flock of sheep, of wild geese. 2. wool or cotton particles or debris used as stuffing or packing. to wireless</h1> AT&T Inc reported stronger-than-expected third-quarter profit as the glitzy glitz Informal n. Ostentatious showiness; flashiness: "a garish barrage of show-biz glitz" Peter G. Davis. tr.v. iPhone and low budget Tracfone service attracted a record number of wireless customers. <a href="http://www.ibtimes.com/articles/20091022/attops-estimates-as-customers-flock-to-wireless.htm">Read Full Article here</a>. |
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