Tractor maker Deere is out with its latest earnings, and they are very strong. (more)
The budget crises that have nearly paralyzed states such as California and Illinois are likely to get worse, not better, in 2011 — despite the massive cuts that have already been made. (more)
Investors will face defaults on government bonds given the burden of aging populations and the difficulty of securing more tax revenue, according to Morgan Stanley. (more)
The unnamed man planned to leave the cash in the local church cemetery until the 20-year time-limit for tax investigations had passed, before digging it up. (more)
July 20 (Bloomberg) — Goldman Sachs Group Inc. said second-quarter profit dropped 82 percent, missing analysts’ estimates on a slide in trading revenue, five days after settling U.S. regulators’ fraud allegations. Revenue and profit were the lowest since the fourth quarter of 2008. (more)
New rules kicked in last week for sky-high overdraft fees changed by banks. That’s a good thing. (more)
Sandy Springs-based UPS beat analyst expectations for fourth quarter earnings, citing better than expected holiday season shipping. (more)
Jan. 22 (Bloomberg) — Advanced Micro Devices Inc., the second-largest maker of personal-computer processors, declined as much as 6.6 percent in early U.S. trading on concern the chipmaker will struggle to maintain sales gains. (more)
BOISE, Idaho (AP) — Republican House leaders fear Idaho Gov. C.L. “Butch” Otter’s budget projections may be too optimistic because tax revenue isn’t shaping up as robustly as some had hoped. (more)
LEXINGTON, Mass. (AP) — In a Jan. 11 story about Cubist Pharmaceuticals Inc., The Associated Press reported erroneously that Cubist posted $560.3 million in revenue for 2009. The figure didn’t include $1.8 million in “other revenue,” which would bring the total to $562.1 million. (more)
OKLAHOMA CITY (AP) — Oklahoma lawmakers are bracing for more bad financial news. (more)
On Friday Governor Arnold Schwarzenegger asked for $6.9 billion in federal funds to fill California’s $20 billion dollar budget gap for his last year in office. (more)
LEXINGTON, Mass. (AP) — Cubist Pharmaceuticals Inc. said Monday it posted $560.3 million in revenue during 2009, up 30 percent from a year earlier and meeting Wall Street forecasts. (more)























