http://www.ieconomicnews.com Your Real-Time Source for Global Economic & Market News Wed, 08 Sep 2010 00:00:08 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 http://www.ieconomicnews.com/2010/09/ben-bernanke-s-big-bazooka-factory-of-fed-policy/ http://www.ieconomicnews.com/2010/09/ben-bernanke-s-big-bazooka-factory-of-fed-policy/#comments Wed, 08 Sep 2010 00:00:08 +0000 admin http://www.ieconomicnews.com/2010/09/ben-bernanke-s-big-bazooka-factory-of-fed-policy/ ShareThis

]]> [at Forbes] – The pundits claim that the Fed is out of bullets, but Chairman Bernanke has an ordnance factory capable of producing whatever caliber is needed for the task at hand.

]]> http://www.ieconomicnews.com/2010/09/ben-bernanke-s-big-bazooka-factory-of-fed-policy/feed/ 0 http://www.ieconomicnews.com/2010/09/utah-slashes-budget-deficit-forecast-governor/ http://www.ieconomicnews.com/2010/09/utah-slashes-budget-deficit-forecast-governor/#comments Wed, 08 Sep 2010 00:00:08 +0000 admin http://www.ieconomicnews.com/2010/09/utah-slashes-budget-deficit-forecast-governor/ ShareThis

]]> [at Reuters] – Utah officials have revised their estimate of the state s fiscal 2010 budget deficit to just under $28 million from initial forecasts of between $50 million and $150 million, Governor Gary Herbert s office said on Tuesday.

]]> http://www.ieconomicnews.com/2010/09/utah-slashes-budget-deficit-forecast-governor/feed/ 0 http://www.ieconomicnews.com/2010/09/comtech-deal-to-acquire-cpi-international-nixed/ http://www.ieconomicnews.com/2010/09/comtech-deal-to-acquire-cpi-international-nixed/#comments Wed, 08 Sep 2010 00:00:08 +0000 admin http://www.ieconomicnews.com/2010/09/comtech-deal-to-acquire-cpi-international-nixed/ ShareThis

]]> [AP] – Comtech Telecommunications Corp. and CPI International Inc. said Tuesday they were calling off their plan to combine and Comtech will get a termination fee of $15 million.

]]> http://www.ieconomicnews.com/2010/09/comtech-deal-to-acquire-cpi-international-nixed/feed/ 0 http://www.ieconomicnews.com/2010/09/2-va-broadband-projects-get-stimulus-funding/ http://www.ieconomicnews.com/2010/09/2-va-broadband-projects-get-stimulus-funding/#comments Wed, 08 Sep 2010 00:00:07 +0000 admin http://www.ieconomicnews.com/2010/09/2-va-broadband-projects-get-stimulus-funding/ ShareThis

]]> [AP] – Two projects in southwestern Virginia will receive federal stimulus funding to provide high-speed Internet access in rural areas.

]]> http://www.ieconomicnews.com/2010/09/2-va-broadband-projects-get-stimulus-funding/feed/ 0 http://www.ieconomicnews.com/2010/09/treasury-sell-3-year-notes-at-high-yield-of-0-79/ http://www.ieconomicnews.com/2010/09/treasury-sell-3-year-notes-at-high-yield-of-0-79/#comments Wed, 08 Sep 2010 00:00:07 +0000 admin http://www.ieconomicnews.com/2010/09/treasury-sell-3-year-notes-at-high-yield-of-0-79/ ShareThis

]]> [at MarketWatch] – The Treasury Department sold $33 billion in 3-year notes Tuesday at a yield of 0.79%, a record low for an auction. Bidders offered to buy 3.21 times the amount of debt sold, compared to an average of 3.10 times for the past 12 months.

]]> http://www.ieconomicnews.com/2010/09/treasury-sell-3-year-notes-at-high-yield-of-0-79/feed/ 0 http://www.ieconomicnews.com/2010/09/update-two-us-fed-banks-wanted-august-discount-rate-hike/ http://www.ieconomicnews.com/2010/09/update-two-us-fed-banks-wanted-august-discount-rate-hike/#comments Wed, 08 Sep 2010 00:00:07 +0000 admin http://www.ieconomicnews.com/2010/09/update-two-us-fed-banks-wanted-august-discount-rate-hike/ ShareThis

]]> [at Reuters] – Two regional Federal Reserve banks, Kansas City and Dallas, pushed again for a modest increase in the rate charged to banks for emergency loans, according to minutes from an August policy meeting released on Tuesday.

]]> http://www.ieconomicnews.com/2010/09/update-two-us-fed-banks-wanted-august-discount-rate-hike/feed/ 0 http://www.ieconomicnews.com/2010/09/royal-mail-s-pension-plan-narrows-deficit-with-derivatives/ http://www.ieconomicnews.com/2010/09/royal-mail-s-pension-plan-narrows-deficit-with-derivatives/#comments Wed, 08 Sep 2010 00:00:07 +0000 admin http://www.ieconomicnews.com/2010/09/royal-mail-s-pension-plan-narrows-deficit-with-derivatives/ ShareThis

]]> [at The Wall Street Journal] – Royal Mail Pension Plan Narrows Deficit A sophisticated derivatives strategy has helped the pension fund for the U.K. s Royal Mail to make a 29% return on its money last year, reducing the company s deficit and potentially helping along its possible privatization.

]]> http://www.ieconomicnews.com/2010/09/royal-mail-s-pension-plan-narrows-deficit-with-derivatives/feed/ 0 http://www.ieconomicnews.com/2010/09/hedge-funds-cave-in-to-rallying-treasury-market/ http://www.ieconomicnews.com/2010/09/hedge-funds-cave-in-to-rallying-treasury-market/#comments Wed, 08 Sep 2010 00:00:07 +0000 admin http://www.ieconomicnews.com/2010/09/hedge-funds-cave-in-to-rallying-treasury-market/ ShareThis

]]> [at The Wall Street Journal] – Hedge Funds Cave In to Rallying Bond Market Hedge funds and other speculative investors turned bullish on the benchmark 10-year Treasury notes for the first time in 20 months, as many participants caved in to a rallying bond market.

]]> http://www.ieconomicnews.com/2010/09/hedge-funds-cave-in-to-rallying-treasury-market/feed/ 0 http://www.ieconomicnews.com/2010/09/interest-rates-dip-at-weekly-treasury-auction/ http://www.ieconomicnews.com/2010/09/interest-rates-dip-at-weekly-treasury-auction/#comments Wed, 08 Sep 2010 00:00:07 +0000 admin http://www.ieconomicnews.com/2010/09/interest-rates-dip-at-weekly-treasury-auction/ ShareThis

]]> [AP] – Interest rates on short-term Treasury bills fell in Tuesday s auction to the lowest levels since late June. The Treasury Department auctioned $30 billion in three-month bills at a discount rate of 0.135 percent, down from 0.145 percent last week.

]]> http://www.ieconomicnews.com/2010/09/interest-rates-dip-at-weekly-treasury-auction/feed/ 0 http://www.ieconomicnews.com/2010/09/u-s-treasury-to-sell-60-bln-in-bills/ http://www.ieconomicnews.com/2010/09/u-s-treasury-to-sell-60-bln-in-bills/#comments Wed, 08 Sep 2010 00:00:06 +0000 admin http://www.ieconomicnews.com/2010/09/u-s-treasury-to-sell-60-bln-in-bills/ ShareThis

]]> [at Reuters] – For details of the U.S. Treasury s offering of 4-week bills and 56-day cash management bills offering, please see: 4-week bills: http://www.treasurydirect.gov/instit/annceresult/press/preanre/2010/A_20100907_1.pdf

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