EU ministers weigh Ireland bank rescue as crisis widens
EU officials travel to Dublin to assess Ireland's banks amid fears turmoil may spill to Portugal and Spain. Britain offers aid while Ireland resists a bailout, saying it has funds into next year. The backstop from eurozone and IMF remains ready, with officials to review government and bank books.
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Brussels
Ireland
Portugal
Spain
European Union
Britain
International Monetary Fund
Central Bank
IMF
Dublin
Brian Lenihan
Fed to launch $105B first phase bond buys
The Federal Reserve will purchase $105 billion in government bonds in 18 operations from Friday to December 9 as part of a new program. It plans $75 billion in debt purchases plus $30 billion from proceeds of its mortgage portfolio, aiming roughly $110 billion monthly. The move boosted stocks and Treasuries with the Dow rising to 11,357.04.
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IDT Corp
UraniumEn
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Taseko
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NY 11.82.55 +29.6 AGreet
McDnids
BkofAm NY
Micront
Bob Evans
Microsoft
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Citigro NY
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Associated Press
Experimental drug cuts bad cholesterol and boosts good levels
Anacetropil from Merck produced a dramatic drop in LDL and rise in HDL in a Chicago study presented at the American Heart Association meeting. Researchers call the results spectacular and see potential to reduce heart attacks and strokes, though approval requires large, multi year trials.
MENTIONED IN THIS ARTICLE
Chicago
Christopher Cannon
Brigham and Women’s Hospital
Boston
Merck & Co
Merck
American Heart Association
Robert Eckel
University of Colorado
The
Heart Associa
Jupiter
Luciano Rossetti
Rossetti
Global Scientific Strategy
Whitehouse Station
N.J
Target forecasts brighter holidays with 5 percent card discount
Target projects a lifting holiday season driven by a 5 percent discount for branded card users and store remodels featuring expanded fresh food and brighter cosmetics. The retailer posted Q3 net income up 22.6 percent to 535 million on 15.61 billion revenue, while Wal Mart warned only cautious growth amid stiff competition.
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New York
Target Corp
Target
Wall Street
Wal-Mart
Dollar
Gregg Steinhafel
Thomson Reuters
Steinhafel
Doug Scovanner
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