News

Stockhouse @ the Bell: Stocks storm higher to start 2009   Fri, 02 Jan 2009 18:59 EST

U.S. stocks surged Friday, shrugging off a disappointing manufacturing report, while Bay Street enjoyed a big resource rally. . Today on Stockhouse

 

Bryant upsets Yale 69-58  Fri, 02 Jan 2009 18:56 EST

Lambert scores 16 in Bryant's 69-58 upset of Yale, 1st home win since moving to Division 1. Peter Lambert scored 16 points to pace Bryant to a 69-58 upset of Yale on Friday, snapping a nine-game losing skid.

 

Bills safety Simpson arrested outside SC bar  Fri, 02 Jan 2009 18:50 EST

Police: Bills safety Simpson yelled name, 'I am worth millions!' before arrest outside SC bar. Buffalo Bills safety Ko Simpson was arrested outside a bar in his hometown of Rock Hill after he refused to leave officers alone as they arrested another man, according to a police report.

 

NTSB: Plane flipped during takeoff in Ill.; 2 dead  Fri, 02 Jan 2009 18:34 EST

NTSB: Small plane flipped during takeoff in crash that killed 2 at suburban Chicago airport. A small plane crash that killed a Wisconsin couple appears to have occurred after the aircraft "took a hard left" and flipped over while taking off from the Joliet Regional Airport, the National Transportation Safety Board said Friday.

 

FAA reaches settlement with whistle-blower  Fri, 02 Jan 2009 18:34 EST

FAA reaches settlement with Memphis air traffic controller who raised safety concerns. The Federal Aviation Administration has reached a settlement with an air traffic controller who said he was retaliated against for warning that a takeoff and landing procedure in Memphis, Tenn., had led to near midair collisions.

 

Gators, Sooners arrive for BCS title tilt  Fri, 02 Jan 2009 18:32 EST

As teams arrive for BCS title game, Tebow talks draft and Oklahoma talks changing BCS fortune. For this season's national championship game, Florida coach Urban Meyer is following the plan used when the Gators won the title two years ago.

 

Fear turns to anger after Aspen bomb scares  Fri, 02 Jan 2009 18:26 EST

The Aspen that James Chester Blanning knew as a competitive skier, lumberjack and truck driver was nothing like the swank resort town it is today, and friends and family say it ate at him.

 

Fear turns to anger after Aspen bomb scares  Fri, 02 Jan 2009 18:26 EST

Aspen bomb scare by ex-resident angry at the rich ends up hurting ski town's working people. The Aspen that James Chester Blanning knew as a competitive skier, lumberjack and truck driver was nothing like the swank resort town it is today, and friends and family say it ate at him.

 

Catholic Archbishop of Vancouver retires  Fri, 02 Jan 2009 18:24 EST

Citing struggle with depression, Roman Catholic Archbishop of Vancouver retires. The Catholic archbishop of Vancouver announced Friday he was retiring because of an ongoing battle with depression.

 

Obama's team polishing economic stimulus measure  Fri, 02 Jan 2009 18:24 EST

Obama's huge economic recovery plan getting finishing touches as new Congress set to convene. President-elect Barack Obama's transition team is putting the finishing touches on an economic recovery plan that could run from $675 billion to $775 billion. Briefings for top congressional Democratic officials are likely this weekend or on Monday, a senior transition official said Friday. Obama is slated to meet Monday with House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Harry Reid, D-Nev., in a session likely to focus on the economic recovery package.

 

911 caller in ND reports drunken driver: herself  Fri, 02 Jan 2009 18:13 EST

Police in North Dakota say 17-year-old called 911 to report a drunken driver: herself. Police get calls about drunken drivers all the time, but rarely do they come from the alleged offender.

 

Fear turns to anger after Aspen bomb scares  Fri, 02 Jan 2009 18:13 EST

Aspen bomb scare by ex-resident angry at the rich ends up hurting ski town's working people. The Aspen that James Charles Blanning knew as a competitive skier, lumberjack and truck driver was nothing like the swank resort town it is today, and friends and family say it ate at him.

 

9 Muslims removed from flight get AirTran apology  Fri, 02 Jan 2009 18:11 EST

AirTran apologizes to 9 Muslim passengers kicked off flight after remark. AirTran Airways apologized Friday to nine Muslims kicked off a New Year's Day flight to Florida after other passengers reported hearing a suspicious remark about airplane security.

 

US winery owner dies in Brazil  Fri, 02 Jan 2009 18:08 EST

German-born US winery owner dies in Brazil in apparent boating accident. A German-born businessman who owned a New York winery has died while swimming in the ocean off of Brazil, police said Friday.

 

US winery owner dies in Brazil  Fri, 02 Jan 2009 18:07 EST

German-born US winery owner dies in Brazil in swimming accident. A German-born businessman who owned a New York winery has died while swimming in the ocean off of Brazil, police said Friday.

 

Wall Street enjoys upbeat start to 2009  Fri, 02 Jan 2009 17:57 EST

Stocks advance in optimistic start to 2009 as investors brush off weak manufacturing report. Wall Street started 2009 with a big rally Friday as investors, brushing aside a disappointing report on manufacturing, sent the Dow Jones industrials up more than 250 points and to their first close above 9,000 in two months. All the major indexes shot up more than six percent for the week.

 

Latin American stocks up on New Year's optimism  Fri, 02 Jan 2009 17:56 EST

Latin American stocks jump, echoing New Year's optimism in US, Europe, Asia. Latin American stocks rose across the board Friday, mirroring a rally on Wall Street and in world markets, which moved upward with New Year's optimism despite grim global economic news.

 

Police: Boy hurt in DC fire that killed 5 dies  Fri, 02 Jan 2009 17:49 EST

Police: 11-year-old boy injured in DC fire that killed 5 dies in hospital. Police in Washington, D.C. say an 11-year-old boy has died from injuries he suffered in a house fire that killed five others on Thursday.

 

Gold prices dip; energy prices rebound  Fri, 02 Jan 2009 17:43 EST

Gold prices dip as dollar shows some strength against euro, British pound; energy prices rise. Gold prices edged lower in light post-holiday trading Friday as the dollar showed some strength against other major currencies.

 

More small quakes rattle Yellowstone National Park  Fri, 02 Jan 2009 17:34 EST

Earthquake swarm in Yellowstone Park continues unabated after a week; no damage reported. More earthquakes are rattling Yellowstone National Park.

 

Heather Locklear gets probation in DUI case  Fri, 02 Jan 2009 17:27 EST

Heather Locklear enters plea to lesser charge in DUI, receives 3 years probation. Heather Locklear has evaded DUI charges by pleading to a lesser offense.

 

Library plans to collect sermons for inauguration  Fri, 02 Jan 2009 17:26 EST

American Folklife Center will chronicle historic inauguration by gathering recorded sermons. Inauguration-week sermons would be videotaped to highlight Barack Obama's rise to power in an unprecedented quest by the Library of Congress to capture this transfer of power for future generations.

 

Banks borrow more, investment firms less from Fed  Fri, 02 Jan 2009 17:18 EST

Banks borrow more, investment firms less from Fed's emergency lending program. Commercial banks borrowed slightly more, while investment firms drew less over the past week from the Federal Reserve's emergency lending program.

 

Treasurys tumble as stocks open 2009 with rally  Fri, 02 Jan 2009 17:14 EST

Treasurys fall as Wall Street opens 2009 with rally; investors ignore weak manufacturing data. Treasury prices fell sharply in light trading Friday as investors looked past a weak manufacturing report and shifted money to stocks as a rally unfolded on Wall Street.

 

US looks upscale for London embassy design  Fri, 02 Jan 2009 17:13 EST

State Department shoots for high-end architecture for its new London embassy. Having decided to vacate the aging and stodgy U.S. Embassy in London, the State Department is looking upmarket and modern for a firm to design the nation's new diplomatic post in the British capital.

 

Junior miner jumps on explorer investment  Fri, 02 Jan 2009 17:13 EST

A small zinc mining stock popped on a strategic acquisition Friday. . Stockhouse Canadian Small and Micro-cap Stock Report for Friday, January 2, 2008

 

Debt trouble at Lee triggers auditor's warning  Fri, 02 Jan 2009 17:12 EST

Newspaper publisher Lee faces debt trouble, triggering auditor's warning. Lee Enterprises Inc., publisher of the St. Louis Post-Dispatch and other newspapers, said in a regulatory filing that it will have trouble paying its debt over the next two years because of severe reductions in revenue.

 

Some groups lower loss estimates in Madoff scandal  Fri, 02 Jan 2009 17:12 EST

Some loss estimates lowered in Madoff scandal; groups say profits may not have been real. Some clients of disgraced financier Bernard Madoff are concluding that their losses weren't as bad as originally thought.

 

9 questions to ask about 403(b) plan changes  Fri, 02 Jan 2009 17:09 EST

Questions teachers should ask of administrators about 403(b) plan changes. Change is under way. About 16,000 school districts must comply with new IRS rules regulating 403(b) retirement plans for teachers and other staff. Security Benefit Corp., an industry consultant, said a large percentage of districts were still feverishly working to get into compliance in the past few weeks.

 

Nonprofit employees invest in 403(b) plans  Fri, 02 Jan 2009 17:07 EST

Similar to 401(k) plans, the IRS designed 403(b) retirement plans to serve employees of tax-exempt organizations. The employers offering such plans include public school systems, hospitals and other health care organizations, universities, certain ministers, and tax-exempt groups established under IRS code section 501(c)(3).

 

Nonprofit employees invest in 403(b) plans  Fri, 02 Jan 2009 17:07 EST

Nonprofit, school workers invest in 403(b) retirement plans. Similar to 401(k) plans, the IRS designed 403(b) retirement plans to serve employees of tax-exempt organizations. The employers offering such plans include public school systems, hospitals and other health care organizations, universities, certain ministers, and tax-exempt groups established under IRS code section 501(c)(3).

 

Gov't resumes oil purchases for stockpile  Fri, 02 Jan 2009 17:06 EST

Government resumes oil purchases for its emergency reserve, takes advantage of low prices. Taking advantage of low oil prices, the government is resuming purchases of crude oil for its emergency stockpile.

 

Simms' stint with Titans has revived his arm, zest  Fri, 02 Jan 2009 17:05 EST

Life with Titans agrees with Simms, who's happy, healthy _ finally _ even as No. 3 QB. Chris Simms never has had this much fun not playing football.

 

Teachers may see retirement plan changes in 2009  Fri, 02 Jan 2009 17:04 EST

Teachers, nonprofit workers may see retirement plans options drop, costs rise. School teachers, college professors and hospital employees should keep an eye out for changes in their retirement plans this year. That's because they are among the 10 million workers at nonprofit and educational organizations who may face fewer investment choices and tighter restrictions on how they can use the money in their retirement plans because of new IRS rules.

 

Manufacturing index drops to 28-year low  Fri, 02 Jan 2009 16:53 EST

Manufacturing index drops to its lowest level since 1980 as orders fall, layoffs mount. Signs grew that the economy could turn even weaker in 2009, as an index of December manufacturing activity sank to its lowest point in 28 years. Every corner of the sector was down, from bakeries to cigarette-makers to aluminum smelters.

 

Clarification: New Year's parties story  Fri, 02 Jan 2009 16:50 EST

Clarification: New Year's parties story. In Dec. 30 and Dec. 31 stories about New Year's Eve parties, The Associated Press reported that the economic downturn contributed to slow ticket sales for events hosted by R&B singer John Legend and Lindsay Lohan. It is typical for New Year's Eve parties hosted by Opium Group to sell out the afternoon of Dec. 31, and they did for the latest parties, spokeswoman Vanessa Menkes said.

 

Ford, BorgWarner, Wynn, Conn's are big movers  Fri, 02 Jan 2009 16:50 EST

Ford, BorgWarner, Wynn Resorts, Conn's are among big market movers Friday. Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

 

Elevated arsenic levels found near Tenn. ash spill  Fri, 02 Jan 2009 16:47 EST

Arsenic found more than 100 times acceptable levels in water near Tenn. coal ash spill. Federal data shows arsenic levels more than 100 times the acceptable amount in a river near a massive coal ash spill in East Tennessee.

 

Lawsuit: Man accused in Ga. killing has no lawyer  Fri, 02 Jan 2009 16:45 EST

Ga. man accused in killing has been without an attorney for 8 months, lawsuit claims. A Georgia man charged with killing a woman has been without an attorney for eight months, according to a lawsuit claiming the state's public defender system has failed to adequately represent him.

 

Danica Patrick pays fine to settle speeding ticket  Fri, 02 Jan 2009 16:43 EST

Danica Patrick pays $196 fine to settle speeding ticket in hometown in Scottsdale, Ariz.. Danica Patrick paid a $196 fine to settle a speeding ticket after the star race car driver was caught going 54 mph in a 35 mph zone last month. Patrick, the first woman to win an IndyCar race, was due in traffic court Monday, but a Scottsdale City Court clerk says she paid the fine Wednesday.

 

Image need overhaul? Hollywood PR vet offers help  Fri, 02 Jan 2009 16:42 EST

Need an image overhaul? Hollywood PR vet offers star-tested tips in new book. It's 2009. Do you know where your public image is?

 

Mount St. Mary's outlasts Lafayette 67-62  Fri, 02 Jan 2009 16:41 EST

Holland, Mount St. Mary's defeat Lafayette 67-62. Will Holland scored 19 points and added six rebounds as Mount St. Mary's held on for a 67-62 win over Lafayette on Friday.

 

Falcons, Cardinals unlikely playoff participants  Fri, 02 Jan 2009 16:39 EST

Falcons, Cardinals emerge as unlikely playoff participants in wild card matchup. One staged a remarkable one-season turnaround with a smooth, efficient rookie at the controls. The other emerged from a legacy of losing behind the ageless arm of a gunslinging veteran. The Atlanta Falcons vs. the Arizona Cardinals was not exactly a predictable playoff pairing when the season began. Their wild card matchup on Saturday is yet another example of the parity that prevails in the NFL.

 

New Puerto Rico gov faces soaring crime, deficit  Fri, 02 Jan 2009 16:38 EST

New Puerto Rico governor sworn in, faces rising crime, deficit. Puerto Rico's new governor was sworn in Friday, inheriting an island government that is battling a recession, a soaring murder rate and a deficit of more than $1 billion.

 

Defense sector outperforms S&P500 for ninth consecutive year  Fri, 02 Jan 2009 16:38 EST

SPADE is a way to play this sector . Although the worst year the stock market has seen since the 1930s, aerospace and defense companies continued to outperform the broader markets, with the benchmark SPADE Defense Index (AMEX: DXS, Stock Forum) outperforming the S&P500 for the ninth consecutive year.

 

Colts, Chargers meet yet again in playoffs  Fri, 02 Jan 2009 16:37 EST

MVP Manning vs. rolling Rivers highlights yet another Colts-Bolts playoff showdown. These guys might as well be division rivals. Peyton Manning, voted NFL MVP for a record-tying third time, and his Indianapolis Colts face Philip Rivers and the San Diego Chargers for the fourth time in two seasons Saturday night.

 

Elephants give up treats and lose 11,314 pounds  Fri, 02 Jan 2009 16:35 EST

San Diego Zoo elephants give up bread, corn and jelly beans, lose a combined 11,314 pounds. They could be the next stars of "The Biggest Loser." Seven elephants at the San Diego Zoo and Wild Animal Park have lost a combined total of 11,314 pounds ever since zookeepers enforced a nutrition and exercise regiment for them in 2000.

 

GMAC gives up some GM car financing in bailout  Fri, 02 Jan 2009 16:32 EST

GMAC gives up exclusivity on making low-interest GM car loans under government bailout plan. GMAC LLC will no longer have exclusive rights to provide no- or low-interest loans to people who take advantage of General Motors financing incentives, as part of the complex deal that gave the troubled lender billions in federal aid.

 

Auto industry girds for chilling Dec. sales report  Fri, 02 Jan 2009 16:29 EST

Auto analysts predict December sales to amount to lump of coal, 2009 won't be much better. The good news for the auto industry in December came when General Motors and Chrysler got their federal bailout. The bad news is coming Monday, when automakers are expected to report another month of staggering sales declines.

 

Mich. twins born on different days, months, years  Fri, 02 Jan 2009 16:24 EST

Michigan twins enter world on different days, months, years; 1 born Dec. 31, 1 on Jan. 1. They're twins, all right, despite what their spanking new birth certificates say. Tariq Griffin entered the world at 12:17 a.m. on New Year's Day at Crittenton Hospital in Rochester, Mich. Twin brother Tarrance was born a bit earlier ? 26 minutes to be exact.

 
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