Larry Everett
Goldcrest Commercial Business Consultants, Inc.

Office:
407-869-6446
Fax:
407-869-4790
Email:
leverett @goldcrest.biz
Website:
ameribizbroker.com


Market falls amid European bank worries (Reuters)
September 7, 2010

Traders work on the floor of the New York Stock Exchange, August 30, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks fell in very light volume on Tuesday as investors seized on renewed concerns about European banks as a reason to sell shares after strong gains last week.



HP sues to stop ex-CEO Hurd joining Oracle (Reuters)
September 7, 2010

US computer titan Hewlett-Packard filed a complaint against former chief executive Mark Hurd, pictured in 2007, on Tuesday, a day after he was named a co-president at US business software giant Oracle.(AFP/Getty Images/File/Justin Sullivan)Reuters - Hewlett-Packard Co sued former Chief Executive Mark Hurd and asked a court to block him from joining Oracle Corp, saying his hiring by the rival technology firm puts HP's trade secrets "in peril."



Sinochem approaches Temasek on Potash bid (Reuters)
September 7, 2010

Reuters - China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada's Potash Corp , the world's largest fertilizer supplier, sources with knowledge of the matter said on Tuesday.

Report: BP probe to spread blame for spill (Reuters)
September 7, 2010

Oil is burned off the surface of the water near the source of the Deepwater Horizon spill in the Gulf of Mexico off the coast of Louisiana June 19, 2010. REUTERS/Lee Celano/FilesReuters - BP Plc's internal probe of the deadly April 20 blowout that unleashed the massive Gulf of Mexico oil spill will assign blame to BP as well as other companies involved in the well's operations, The Wall Street Journal reported on Tuesday.



Congress Republicans wary of Obama economy plan (Reuters)
September 7, 2010

US President Barack Obama (R) shakes hands with a small boy on September 6, at General Mitchell International Airport in Milwaukee, Wisconsin. New opinion polls Tuesday made painful reading for President Barack Obama's Democrats, cementing conventional wisdom that they face a pounding by Republicans in November's congressional elections.(AFP/File/Tim Sloan)Reuters - Republicans in Congress showed little willingness to help President Barack Obama approve $350 billion in measures to boost the economy with midterm elections less than two months away.



NYSE August US equity trading volume up 30 percent (AP)
September 7, 2010

AP - NYSE Euronext said Tuesday the trading volume for equity and derivative produces rose significantly in August, pushed up by a spike in U.S. equity trading.

Suddenly, a raft of tax-break proposals from Obama (AP)
September 7, 2010

U.S. President Barack Obama attends the Milwaukee Laborfest event in Wisconsin to celebrate Labor Day September 6, 2010.  REUTERS/Larry DowningAP - President Barack Obama's proposed tax breaks for business sound like ideas that have enjoyed broad Republican backing in the past. But in today's toxic political atmosphere, he's unlikely to get much — if any — GOP help.



Flow International posts small 1Q loss (AP)
September 7, 2010

AP - Flow International Corp., a maker of industrial waterjet machines for cutting and cleaning, nearly washed away a first-quarter loss.

EU OKs new financial supervision deal (AP)
September 7, 2010

From left, European Central Bank President Jean Claude Trichet, Belgian Finance Minister Didier Reynders, and Spanish Finance Minister Elena Salgado speak during a meeting of EU finance ministers at the EU Council building in Brussels on Tuesday, Sept. 7, 2010. European finance ministers meet Tuesday to discuss taxes on banks. (AP Photo/Virginia Mayo)AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.



Bullish or Bearish? The World's Greatest Investors Debate. (The Motley Fool)
September 7, 2010

The Motley Fool - The bears and bulls were battling as ferociously as ever over the past month. Let's dive right into the debate, through the words of some of the world's greatest investors.

Samsung warns DRAM oversupply on weak PC sales (Reuters)
September 7, 2010

Reuters - Samsung Electronics, the world's top memory chipmaker, warned of an oversupply in the computer memory chip market from next quarter as a sputtering global economy may further weaken PC sales.

Digital River buys Journey Education Marketing (AP)
September 7, 2010

AP - Digital River Inc. on Tuesday said that it has bought online software and book retailer Journey Education Marketing Inc. for an undisclosed amount.

Gov't launches plan to help "underwater" borrowers (AP)
September 7, 2010

In this Aug. 8, 2010 photo shows a foreclosure sign in front of a home in Los Angeles, Calif. The Obama administration is trying to jump-start its sputtering plan to tackle the foreclosure crisis with an effort to assist up to 1.5 million homeowners who owe more on their properties than their homes are worth. (AP Photo/Paul Sakuma)AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.



Post-holiday pump prices should slide (AP)
September 7, 2010

An engineer works at the Barjisiya oil fields in Zubair One south west of the city of Basra, Iraq. Global dependency on the Organization of Petroleum Exporting Countries for crude oil will rise in the next five to 10 years as output by non-OPEC nations falls, the head of the International Energy Agency (IEA) has said.(AFP/File/Essam -al-Sudani)AP - Motorists should see pump prices slide again after spending a little more to fill their tanks over the Labor Day weekend.



Business Highlights (AP)
September 7, 2010

AP - Official: Obama to back more business tax breaks

Toyota offers free Hispanic pride stickers (AP)
September 7, 2010

AP - Toyota Motor Corp., hoping to solidify its standing as the top brand for Hispanic buyers in the U.S., is offering drivers a series of stickers that celebrates their Hispanic heritage.

The Treasury's New Research Office (BusinessWeek)
September 7, 2010

BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...




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