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Source Match Wholesale Industry News

Oil prices climb as Iran threatens EU supply cut (AP)

Flames shoot into the air after a gas pipeline explosion in the Sinai peninsula, 240 miles (374 kilometers) southeast of Cairo, Egypt, Sunday, Feb. 5, 2012. An Egyptian security official says attackers have set off explosives along a gas pipeline in the country's Sinai peninsula, halting exports to neighboring Israel and Jordan. The blast that took place Sunday at dawn is the twelfth successful attack on the line since the popular uprising that ousted longtime Egyptians leader Hosni Mubarak in February last year. The official says the attack by presumed Islamist militants caused huge fires, but fire engines put it out hours later. (AP Photo/Khaled Kandil)AP - Oil prices are rising as Iran again threatens to cut off supplies to Europe.


Watchdogs to drag shadow banks into the light (Reuters)

Reuters - Beyond the reach of regulators, and about half the size of the world's banking industry, a thriving breed of "shadow banks" is emerging that could trigger the next chapter in the global financial crisis.

Delaware officials wrestle over mortgage deal (Reuters)

Reuters - Delaware stands to leave up to $40 million in homeowner relief on the table, if it does not join a multi-state mortgage settlement, according to a letter from the state's banking commissioner seen by Reuters on Tuesday.

Florida postal worker falls into storm drain, dies (AP)

AP - U.S. Postal Service officials in Miami say an employee died when he tumbled into a storm drain while searching for his cell phone.

Summary Box: Coke adjusted 4Q results beat Street (AP)

AP - THE NEWS: Coca-Cola Co.'s fourth-quarter net income fell 71 percent in the fourth quarter, mainly due to a benefit it received last year buying North American operations of one of its bottlers.

German police use Facebook pictures to nab crooks (Reuters)

Reuters - Police in the German state of Lower-Saxony will soon use their networks of Facebook "friends" to find missing persons and hunt out suspected criminals, according to the state's interior minister.

Greece drafts bailout text for parties as talks inch forward (Reuters)

Reuters - Greece's government is preparing a document with a list of painful reforms needed to clinch a new financing package, a government official said on Tuesday, moving Athens one step closer to a deal needed to avoid a chaotic debt default.

AP Enterprise: Brown bank regulator an insider (AP)

In this photo taken Monday Jan. 9, 2012, Jan Owen, Gov. Jerry Brown's appointee to head the Department of Corporations, testifies before the Assembly Banking Committee in Sacramento, Calif. Consumer groups say Owen's background working for companies that were at the heart of the mortgage meltdown raises questions about her approach at the department that oversees California banking, financial and consumer regulations. (AP Photo/Rich Pedroncelli)AP - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.


Wall St edges higher as Greece draws up bailout terms (Reuters)

Traders work on the floor of the New York Stock Exchange, February 6, 2012. REUTERS/Brendan McDermidReuters - Stocks traded edged higher on Tuesday as investors awaited the outcome of discussions on a bailout package for Greece that would help the country avoid a chaotic default.


Oracle rejects $272M SAP award, wants new trial (AP)

AP - Database software maker Oracle Corp. has formally rejected a court-ordered award of $272 million from German rival SAP AG, saying it would rather have another trial over SAP's theft of software and customer-support documents.

Bernanke repeats vow to shield U.S. from Europe fallout (Reuters)

Reuters - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.

Coca-Cola beats Street, eyes cost savings (Reuters)

Reuters - Coca-Cola Co reported better-than-expected quarterly results and announced a new cost-savings program on Tuesday that it will use to boost its brands and mitigate higher commodity costs.

Glencore-Xstrata deal meets shareholder opposition (Reuters)

Reuters - At least two top 10 shareholders in miner Xstrata plan to vote against a takeover by commodities trader Glencore, threatening the creation of a powerhouse spanning mining, agriculture and trading.

Greek party leaders seek deal as bankruptcy looms (AP)

Pedestrians walk across the tram lines at Athens' main Syntagma square, during a 24 hour strike on Tuesday, Feb. 7, 2012. A general strike against the impending cutbacks stopped train and ferry services nationwide, while many schools and banks were closed and state hospitals worked on skeleton staff. Heads of the three parties backing the interim government will confer with Prime Minister Lucas Papademos on new income cuts and job losses, which Greece's eurozone partners and the International Monetary Fund are demanding to keep the country's vital rescue loans flowing. (AP Photo/Dimitri Messinis)AP - Greek party leaders will seek Tuesday a long-delayed agreement on harsh cutbacks that bailout creditors demanded to save the country from bankruptcy but which have fueled nationwide outrage — a general strike snarled public services and thousands of protesters took to the streets of Athens.


LeVar Burton hopes to resurrect ‘Reading Rainbow’ in app form (Appolicious)

Appolicious - The classic PBS show Reading Rainbow saw its last season in 2009, but the show isn’t gone forever – it may be back in several forms, with one being an app designed to bring books to children.

Fresh Android Apps for Feb. 7: Draw Something Free, Transparent Screen, The Lost City (Appolicious)

Appolicious - Only a few days left until Valentine’s Day. Draw your sweetie a beautiful picture (Draw Something Free), look for a romantic spot while out and about (Transparent Screen), and plan a getaway to a secret location (The Lost City).

Fresh iPhone Apps for Feb. 7: Hotels by Orbitz, TripLingo Romance Edition, The Hacker, Dream Pethouse (Appolicious)

Appolicious - Get ready for your next trip with today’s leading fresh app, Hotels by Orbitz, which leverages the popular travel service to help you find hotel accommodations. If you happen to be planning a trip overseas, then our next app, TripLingo Romance Edition, which can teach you flirty phrases in 10 languages, might come in handy as well. In games, The Hacker will give you something of the experience of hacking into a 1980s-style computer, while Dream Pethouse brings you a casual game experience where you’ll raise pets and build them a giant tree house.

Toyota lifts profit forecast as disaster woes fade (AP)

Toyota Motor Corp. Senior Managing Officer Takahiko Ijichi speaks during a press conference at Toyota's Tokyo headquarters Tuesday, Feb. 7, 2012. Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track. (AP Photo/Shizuo Kambayashi)AP - Toyota's quarterly profit slid 13.5 percent on production setbacks caused by last year's tsunami disaster and the flooding in Thailand, but Japan's top automaker raised its annual earnings forecast, saying a recovery is on track.


Walmart names ex-Woolworths veteran as new China CEO (Reuters)

Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.

Anfield cat becomes Internet hit (Reuters)

Reuters - A cat that invaded the famous Anfield turf for three minutes during Liverpool's 0-0 Premier League draw with Tottenham Hotspur on Monday has become an internet celebrity.

Online gaming firm 888's full-year revenue up 26 percent (Reuters)

Reuters - British online gaming company 888 Holdings saw its full-year revenue grow 26 percent as the number of customers gambling on its websites grew, and the company said strong current trading continues into the first quarter.

The Worthless Junk the 1 Percent Waste Their Money On (ContributorNetwork)

ContributorNetwork - COMMENTARY | Strictly speaking, the 1 percent -- people whose incomes put them above the other 99 percent of us, starting at about $340,000 a year as of 2009, according to IRS data -- don't actually spend much of their money.

Liquid glasses and a new smartphone app could bring perfect vision to the third world (Yahoo! News)

Yahoo! News - The need is compelling: Over 1 billion people in the third world need corrective eyewear but lack access to testing and glasses. The solution is spectacularly innovative: A $2 scope attached to a smartphone tests for vision defects, and a new pair of …

Look out, Netflix: Redbox teaming up with Verizon to stream movies (Yahoo! News)

Yahoo! News - It's been a rough 12 months for movie rental giant Netflix. The company sharply increased rates from $8 to $15, irking customers, and announced plans to split into two confusing new entities, renaming its traditional DVD-by-mail service Qwikster. Netflix ultimately abandoned its Qwikster …

Wholesale gas prices rocket as Europe is hit by big freeze

Plunging temperatures and a supply squeeze sent UK wholesale gas prices soaring to their highest level in nearly six years yesterday, as Europe shivered in the grip of the big freeze.

Verizon to set up streaming service with Redbox (AP)

In this Jan. 6, 2012 photo, attendees check out the unveiling of 4G devices at the Verizon booth during the Consumer Electronics Show, in Las Vegas. Challenging Netflix, Verizon said Monday, Feb. 6, 2012, it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks. (AP Photo/Isaac Brekken)AP - Phone company Verizon Communications Inc. will challenge Netflix and start a video streaming service this year with Redbox and its DVD rental kiosks.


Kindle-wielding Amazon dips toes into physical world (Reuters)

Reuters - Amazon.com Inc is dipping its toes into the physical world as the largest online retailer offers more products in stores that may benefit from hands-on interaction with shoppers.

Cisco seen reporting solid second quarter (Reuters)

Reuters - A year after network equipment maker Cisco Systems Inc unnerved investors with yet another weak quarterly outlook the company looks set to report a stable quarter buoyed in part by improving enterprise demand in the United States.

The rise and fall of HTC (Appolicious)

Appolicious - HTC was one of the first developers to get aboard the Android train. When Google first launched its original operating system a few years ago, HTC were there. This weekend, we learned that HTC reported a significant loss in the final quarter of 2011 and offered guidance that things might not get any better.

Verizon-Redbox deal adds to online video choices (AP)

In this Jan. 6, 2012 photo, attendees check out the unveiling of 4G devices at the Verizon booth during the Consumer Electronics Show, in Las Vegas. Challenging Netflix, Verizon said Monday, Feb. 6, 2012, it will start a video streaming service later this year in cooperation with Redbox and its DVD rental kiosks. (AP Photo/Isaac Brekken)AP - A new Internet streaming venture built around Redbox's DVD-rental kiosks adds to a crowded field of online video-viewing services dominated by Netflix.


Symantec warns of mutating malware in Android Market (Appolicious)

Appolicious - The world of mobile device malware is getting a little more dangerous with the announcement from tech security company Symantec that it has discovered malware programs that mutate every time they’re downloaded.

Ofcom orders BT to cut wholesale broadband prices

This year and next

Merger fails, but D.Boerse CEO says allies a must (Reuters)

Reuters - D.Boerse CEO eyes new allies as NYSE deal crumbles Deutsche Boerse (DB1Gn.DE) does not believe it can survive in the long term without a new partner despite the collapse of its proposed $7.4 billion merger with NYSE Euronext , its chief executive told a German newspaper.

TiVo shares appear to be discounted: report (Reuters)

Reuters - TiVo Inc is trading at a compelling discount and could be a possible acquisition target by Microsoft or Google, Barron's financial newspaper reported on Sunday.

ProSource Wholesale Floorcoverings Hosts CFI Certification at 2012 Installer Day

Leading wholesale flooring and carpet experts certify industry professionals in flooring installation at ProSourceChicago, Illinois (PRWEB) February 05, 2012 ProSource Wholesale Floorcoverings, a leader in wholesale flooring and carpet, held another Installer Day and CFI Certification at the 2012 Installer Day event in Elk Grove Village, Illinois on January 6th and 7th. The two day event took ...

Saving Even More At A Wholesale Club

Shopping at a wholesale club can help you save time, trouble and money. (NAPSI)—Smart shoppers save more by following a few simple techniques to extend their purchasing power. You don’t have to spend hours clipping coupons, either (although that may work, too). It’s more about learning where you can save the most while not overwhelming a family’s already busy schedule. Shopping Suggestions Here ...

Dominion Dealer Solutions® Delivers Access to OPENLANE® Wholesale Auction Data in Dominion Inventory

Dominion Dealer Solutions, the nation’s largest provider of comprehensive inventory management solutions, data services, merchandising tools, and a leading provider of automotive d

BB&T Purchases Leading Wholesale Insurance Brokerage

WINSTON-SALEM, N.C., Feb. 3, 2012 /PRNewswire/ -- BB&T Corporation (NYSE: BBT - News) announced today that it has reached an agreement to acquire the life and property and casualty insurance operating divisions ...

Euro zone sales tumble at Christmas, no sign of growth (Reuters)

Reuters - Retail sales in the euro zone tumbled unexpectedly in December, the biggest drop in the Christmas period in three years, data showed on Friday, with rising joblessness and stubborn inflation undercut signs of a stabilization in Europe's economy.

Research and Markets: 2012 Worldwide Beer & Ale Wholesale Industry-Industry & Market Report

Research and Markets has announced the addition of the "2012 Worldwide Beer & Ale Wholesale Industry-Indu

Costco Wholesale Corporation Reports January Sales Results

ISSAQUAH, WA-- - Costco Wholesale Corporation today reported net sales of $7.00 billion for the month of January, the four weeks ended January 29, 2012, an increase of 11 percent from $6.30 billion during ...

Efinancial Wholesale Holds Sales Contest Giving Life Insurance Brokers the Opportunity to Win a Dream Vacation

Efinancial Wholesale, a leading online life insurance wholesaler, is proud to announce the launch of the First Quarter-2012 Efinancial Sales Incentive. The contest gives Efinancial in-house life insurance agents and individual producers the opportunity to win one of two dream vacations.Bellevue, Wash. (PRWEB) February 01, 2012 Efinancial Wholesale, a leading online life insurance brokerage, is ...

NASA Launches Facebook Game to Test Space Program Knowledge (Mashable)

Mashable - How much do you know about the NASA space program, Earthling?

CTS Wholesale Sunglasses is Now on Facebook

CTS Wholesale Sunglasses launches its Facebook page and gets on other social media places to be closer to its customers.(PRWEB) January 31, 2012 CTS Wholesale Sunglasses, the importer and distributor of wholesale sunglasses, has launched its Facebook page at http://www.facebook.com/CTSWholesaleSunglass to be closer to its customers and participate in social media conversations with other ...
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