Daily Outlook - Nov 30
A lasting rally?; Credit card freeze; AOL a cheap buy, says Barrons
The end of 2009's risk rally?
The coming week should signal whether a year of voracious risk appetite on financial markets is going to end with a bang, a whimper or, quite possibly, a thundering great clunk. Read Full Article here.
Holiday shoppers shunned credit cards: survey
Cash was king for consumers who shopped over the Thanksgiving weekend, according to survey results released on Sunday, and that factor could have cost retailers additional sales. Read Full Article here.
AOL spinoff a bargain-Barron's
AOL Inc, due to be spun out of Time Warner Inc on Dec. 9, almost a decade after their merger, looks like a bargain, Barron's reported in its Nov. 30 edition. Read Full Article here.
FAA turned down Boeing 777 warnings: report
The U.S. aviation regulator decided to allow over 130 Boeing Co 777 airplanes to continue flying international trips through early 2011, despite warnings about suspect parts that have caused rare shutdowns in midair, the Wall Street Journal reported. Read Full Article here.
BOJ hints market support possible
The governor of the Bank of Japan said the bank will act decisively in the event of renewed financial market turmoil, his strongest hint yet at fresh support for the economy that analysts say could involve buying more government bonds or a return to quantitative easing. Read Full Article here.
UAE markets dive on Dubai debt woes
United Arab Emirates stocks dived on Monday as investors waited for clarity on Dubai's plan to delay repaying billions of dollars in debt and government word on how it would tackle a crisis that has rattled global markets. Read Full Article here.
Nokia plans just one Linux phone next year: source
The world's top cellphone maker, Nokia, plans to install Linux software on just one new smartphone next year, a source with direct knowledge of Nokia's product roadmap told Reuters. Read Full Article here.
Leaders from Google, others to attend W.House summit
Leaders from top U.S. companies including Google, AT&T, Disney and FedEx will attend a jobs summit on Dec. 3 at the White House, a White House spokeswoman said on Sunday. Read Full Article here.
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