Daily Wrap Up - Oct 4.<h1>Wall Street Week Ahead: Stocks may hit earnings speed bumps</h1> U.S. stocks could hit more speed bumps bumps a term used to describe a variety of papulonodular dermatoses in horses, including 'heat bumps', 'feed bumps', 'protein bumps', 'wheat bumps' and others. No specific disease or etiology has been assigned to the term and veterinary dermatologists wish it would disappear from use. this week if the start of the third-quarter earnings season offers little evidence that the economic recovery is gaining strength. <a href="http://www.ibtimes.com/articles/20091004/wall-street-week-ahead-stocks-may-hit-earnings-speed-bumps.htm">Read Full Article here</a>. <h1>"Too big to fail" must end for all: FDIC FDIC See: Federal Deposit Insurance Corporation FDIC See Federal Deposit Insurance Corporation (FDIC). chief</h1> The head of the U.S. Federal Deposit Insurance Corp. said on Sunday Sunday: see Sabbath; week. that she wanted to end the "too big to fail" doctrine and shrink shrink Vox populi noun A psychiatrist the shadow banking system that operates outside the reach of regulators.<a href="http://www.ibtimes.com/articles/20091004/too-big-to-fail-must-end-for-all-fdic-chief.htm"> Read Full Article here</a>. <h1>Don't resist reform, G7 policymakers tell banks</h1> Global finance chiefs told commercial banks at the weekend that resisting tighter regulation of the industry was futile, though bankers warned the reforms could hurt economic recovery. <a href="http://www.ibtimes.com/articles/20091004/dont-resist-reform-g7-policymakers-tell-banks.htm">Read Full Article here</a>. <h1>Saudi prince urges U.S. to sell Citigroup stake: report</h1> Prince Alwaleed bin Talal, a big investor in Citigroup , urged the U.S. government to sell its stake in the bank as soon as this year to boost investor confidence, Emerging Markets magazine reported. <a href="http://www.ibtimes.com/articles/20091004/saudi-prince-urgess-to-sell-citigroup-stake-report.htm">Read Full Article here</a>. <h1>Web TV could come with a price tag after Comcast-NBC</h1> Free TV shows on the Internet could be harder to find if Comcast Corp succeeds in acquiring a majority stake in NBC Universal NBC Universal is a media and entertainment company formed in May 2004 by the combination of General Electric's NBC with Vivendi Universal Entertainment (part of the French Media Group, Vivendi SA). GE owns 80% of NBC Universal with the remaining 20% owned by Vivendi SA. . <a href="http://www.ibtimes.com/articles/20091004/web-tv-could-come-withprice-tag-after-comcast-nbc.htm">Read Full Article here</a>. <h1>IFC (Internet Foundation Classes) A class library from Netscape that provides an application framework and graphical user interface (GUI) routines for Java programmers. IFC was later made part of the Java Foundation Classes (JFC). See JFC, AFC and AWT. See also ICF. to work with private sector to buy toxic assets</h1> The head of the International Finance Corp said on Saturday that the group plans to work with private equity funds, debt servicing companies and major banks to soak up toxic assets held by banks in emerging markets. <a href="http://www.ibtimes.com/articles/20091003/ifc-to-work-with-private-sector-to-buy-toxic-assets.htm">Read Full Article here</a>. <h1>BAE snubs bribe BRIBE, crim. law. The gift or promise, which is accepted, of some advantage, as the inducement for some illegal act or omission; or of some illegal emolument, as a consideration, for preferring one person to another, in the performance of a legal act. probe deal; to review file: reports</h1> BAE Systems BAE Systems British manufacturer of aircraft, missiles, avionics, naval vessels, and other aerospace and defense products. BAE Systems was formed (1999) from the merger of British Aerospace (BAe) with Marconi Electronic Systems. turned down the chance to pay 300 million pounds ($477 million) to settle a bribery bribery Crime of giving a benefit (e.g., money) in order to influence the judgment or conduct of a person in a position of trust (e.g., an official or witness). Accepting a bribe also constitutes a crime. investigation and is seeking to review evidence against it before trying to agree a deal, newspapers reported on Sunday. <a href="http://www.ibtimes.com/articles/20091004/bae-snubs-bribe-probe-deal-to-review-file-reports.htm">Read Full Article here</a>. |
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