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Oil rises to above $42 as Gaza, demand weighed - International Herald Tribune
SINGAPORE : Oil prices rose to above $42 a barrel Friday in Asia as traders speculated that a second front is opening in Israel's Gaza offensive, but analysts said gains would likely be limited by continuing weakness in demand for crude. Light, sweet ...

Most U.S. Stocks Gain, Led by Energy Producers; Tesoro Rises - Bloomberg
Jan. 8 (Bloomberg) -- Most U.S. stocks gained as an advance in energy shares and Citigroup Inc.’s agreement to allow some homeowners to avoid foreclosure helped the market erase an early slide spurred by a worsening earnings outlook at retailers ...

Fitch Rates $600MM 5.30% Progress Energy Carolinas FMBs 'A+'; Outlook ... - Businesswire.com
NEW YORK--( BUSINESS WIRE )--Fitch Ratings assigns a rating of 'A+' to the $600 million of 5.30% of first mortgage bonds (FMBs) issued by Carolina Power & Light Company, d/b/a Progress Energy Carolinas, Inc (PEC). The new bonds mature on Jan. 15 ...

Recession more severe than thought: Fed's Rosengren - Yahoo News
WEST NEWTON, Massachusetts (Reuters) – The U.S. recession looks to be longer and more severe than originally thought, but there are signs that the economy will improve in the second half of 2009, a top Federal Reserve official said on Thursday. "It ...

Fitch Rates CenterPoint Houston Electric's $500MM 7% Mortgage Bonds ... - TradingMarkets.com
NEW YORK, Jan 07, 2009 (BUSINESS WIRE) -- CNP | Quote | Chart | News | PowerRating -- Fitch has rated CenterPoint Houston Electric Company, LLC's (CEHE) $500 million 7% general mortgage bonds 'BBB+'. The bonds are secured under CEHE's general ...

Fitch Rates PacifiCorp's $1B Issuance of FMBs 'A-' - Businesswire.com
CHICAGO--( BUSINESS WIRE )--Fitch Ratings has assigned an 'A-' rating to PacifiCorp's (PPW) $1 billion first mortgage bond (FMB) issuance. The transaction is expected to close Jan. 8, 2009 and is composed of --$350 million of 5.50% bonds due Jan. 15 ...

Get Your Finances in Order for the New Year: MMI Offers Tips For ... - PR Inside
The New Year marks the beginning of new goals, opportunities and exciting adventures. For some, it is a time of reflection on past experiences and accomplishments in order to make resolutions for the future. One of the most popular New Year's ...

Gaming panel's new report offers glimpse of future - Reno Gazette
Whether Nevada's gaming revenue picture can get any grimmer could be revealed as soon as week's end with the November report from the Gaming Control Board. October's report showed a remarkable 22.3 percent drop statewide in the "win," or gross gaming ...

Gibson holding steady with Focus 15 - Globe and Mail
Let's check in and see how Peter Gibson's Focus 15 is doing. Mr. Gibson is the quantitative strategist and vice-chairman of Desjardins Securities. MORE ABOUT THE FOCUS 15 His Focus 15 is a basket of 15 stocks that highlight his top long-term picks ...

Gold prices advance moderately as dollar weakens - WTOP Radio
NEW YORK (AP) - Gold prices pulled off a moderate advance Thursday, but other commodities slumped for a second straight day as a profit warning from Wal-Mart Stores Inc. amplified investors' concerns about waning demand for products of all kinds. The ...