http://finbulletin.com Business news Tue, 09 Mar 2010 21:57:01 +0000 http://backend.userland.com/rss092 en The complex prescription for successful health care investing usually includes the careful consideration of drug pipelines, current-product sales, patent expirations, potential mergers and stock dividends. Add to that list in 2010 an untested ingredient called health care reform. "Institutional investors don't want to see big ... http://finbulletin.com/this-may-be-a-great-time-to-buy-health-care-stocks/ Frustration is turning to anger in the ranks of hourly workers at General Motors Co.’s Lockport plant, formerly Delphi Thermal Systems. The cause is GM’s attempt to gain contract concessions from the United Auto Workers union and its members. “Definitely there is frustration on the floor. And some are ... http://finbulletin.com/ex-delphi-workers-over-gm-contract/ Australia may resume leading the world in raising borrowing costs, increasing the benchmark interest rate for the fourth time in five meetings, economists say. Traders aren’t so sure. Governor Glenn Stevens will boost the Reserve Bank of Australia’s overnight cash rate target to 4 percent from 3.75 ... http://finbulletin.com/australia-may-increase-interest-rates-economists-say/ European confidence in the economic outlook unexpectedly worsened in February after the euro region’s recovery almost stalled in the fourth quarter. An index of executive and consumer sentiment in the 16 nations using the euro slipped to 95.9 from a revised 96 in January, the European Commission ... http://finbulletin.com/european-economic-confidence-unexpectedly-worsens/ Toyota president Akio Toyoda accepted on Thursday a formal invitation to testify at a hearing to be held next Wednesday.The House Oversight Committee sent the invitation Thursday morning. Toyoda had initially said he would not appear before the committee but would instead send North America chief Yoshimi Inaba.But ... http://finbulletin.com/toyoda-to-testify-before-us-lawmakers/ Goldman Sachs has filed a lawsuit against seven former Atlanta-based executives in its wealth management division for soliciting employees and former clients after their departure for rival Credit Suisse. The suit, filed Feb. 17 in U.S. District Court in Atlanta, alleges that Credit Suisse facilitated the executives’ departure promising ... http://finbulletin.com/goldman-sues-team-over-move-to-credit-suisse/ Call it the Case of the Missing Commission.The bipartisan panel that President Obama has promised would tackle the nation's long-term debt problems is nowhere in sight yet. The delay in getting the commission up and running is due in great part to partisan jockeying from both sides of ... http://finbulletin.com/how-the-us-can-avoid-the-greek-problem/ St. Louis University will tap into the large pool of laid-off Pfizer scientists to launch a new research center focused on discovering drugs to treat medical problems in the developing world. SLU has committed $5 million over the next two years to fund the Center for World Health ... http://finbulletin.com/slu-will-snap-up-ex-pfizer-staff/ Elizabeth Washko has been named managing shareholder at the Nashville office of labor law firm Ogletree, Deakins, Nash, Smoak & Stewart PC. She replaces Tom Davis, who had held the position for five years. “As managing shareholder, I look forward to growing the Nashville office and continuing to provide ... http://finbulletin.com/elizabeth-washko-takes-charge-of-nashvilles-ogletree-deakins/ Rural/Metro Medical Services is launching a new service designed to help the homebound and seniors in case of emergency. Many people will remember the television commercials in which an elderly woman pushes a button on a wearable monitor for help after falling. Rural/Metro’s HomeHelpLine service offers a similar service ... http://finbulletin.com/ruralmetro-adds-new-service/