Hot finance topics

In the latest sign of renewed turbulence in the housing market, an industry group said Thursday that sales of existing homes fell 5.1% in June.
The National Association of Realtors reported that existing home sales fell last month to a seasonally adjusted annual rate of 5.37 million units, down from 5.66 million in May. Sales […]

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McDonald’s smoothie sampling event July 22-24 has been called off due to unprecedented demand.
McDonald’s said it will review the possibility of rescheduling at a later date.
“The McCafé Real Fruit Smoothies are an absolute hit with our customers and we’re experiencing unprecedented demand for this delicious new choice on our menu,” said Neil Golden, Chief Marketing […]

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The United Way of Central New Mexico’s Women in Philanthropy group has awarded $82,000 to five nonprofits to enhance women’s self-sufficiency.
Southwest Creations Collaborative will receive $30,000. The nonprofit employs low-income, mostly Spanish-speaking women who do sewing, piece-work and light manufacturing and who can access classes on-site to learn English and computer skills, complete their GED […]

Standard & Poor’s Ratings Services revised its outlook for Toronto-Dominion Bank to positive from stable.
One reason cited for the revision was the expectation that TD Bank would successful integrate its most recently announced U.S. acquisitions, including The South Financial Group.
South Financial (NASDAQ: TSFG), headquartered in Greenville, S. C., does business in Florida as Mercantile Bank […]

An alliance of St. Louis-area trade organizations has scheduled a late afternoon rally in Forest Park today to launch what organizers are calling a "national public campaign" aimed at stopping a splinter electrical workers union in its tracks.
The rally serves as formal notice that a "summit" in early May failed to clear the […]

Treasurys gained Friday as a disappointing report on employment and a sinking euro revived worries about the health of the global economy.
What prices are doing: The benchmark 10-year note rose 1-12/32 to 102-17/32, pushing the yield down to 3.21%, from 3.36% on Thursday. Bond prices and yields move in opposite directions.
The 30-year bond added […]

Anadarko Petroleum Corp. was the latest company affected by the Gulf oil spill to see its ratings lowered by Moody’s Investors Service.
Some $13 billion in Anadarko rated debt securities were the subject of Moody’s decision to lower its rating from stable to negative.
In a statement, Moody’s said the decision reflects the considerable uncertainty associated with […]

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Mondays
Central Phoenix Women fourth anniversary tea, 4:30 p.m. May 10, Ritz-Carlton Phoenix, 2401 E. Camelback Road. $75. www.centralphoenixwomen.org or 602-263-3589.
Arizona International Growth Group, first Monday of the month (except May), 7:30 a.m., Jobing.com, 4747 N. 22nd St., Phoenix. $5. www.azigg.com.
EcoMonday, first Monday of the month, 7:30 a.m., […]

Satellite fleet operator Intelsat Corp. sucessfully beat back a protest from three Northern Virginia companies alleging anti-competitive behavior by an Intelsat subsidiary on a five-year, $543 million U.S. Navy satellite services contract.
Intelsat, whose global headquarters is in Luxembourg with a main office in the District, said the Commercial Broadband Satellite Program (CBSP) contract with the […]

Gabriel’s Liquor and Silver Eagle Distributors are participating in Anheuser-Busch’s We I.D. program aimed at curbing underage drinking.
As part of the program, the San Antonio-based beer, wine and spirits chain will display posters and signage in its 46 locations to let patrons know that each store will be asking for valid identification whenever they purchase […]