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<title>IBTimes.co.uk : Articles by Mike Obel</title>
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<item>
    <title><![CDATA[Surging ADP Number Has Analysts Wondering: Are Their August US Jobs Report Forecasts Too Low?]]></title>
    <description><![CDATA[An ADP report that private sector job creation topped analyst expectations by nearly a third has economists taking a second look at their perhaps too-negative predictions about what Friday&#039;s U.S. jobs report from the Labor Department will show.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/381482/20120906/adp-jobs-report-employment-analyst.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/381482/20120906/adp-jobs-report-employment-analyst.htm</link>
    <pubDate>Thu, 06 Sep 2012 13:25:11 +0100</pubDate>
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<item>
    <title><![CDATA[Strong August Job Creation Boosts Analyst, Investor Confidence In US Economy]]></title>
    <description><![CDATA[Surprisingly strong U.S. job creation last month is forcing some, though not all, analysts to adopt a more upbeat outlook for growth prospects in the world&#039;s largest economy.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/381438/20120906/jobs-adp-employment-layoffs-unemployment-outlook.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/381438/20120906/jobs-adp-employment-layoffs-unemployment-outlook.htm</link>
    <pubDate>Thu, 06 Sep 2012 12:12:56 +0100</pubDate>
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<item>
    <title><![CDATA[Manchester United Begins Public Trading With A Whimper]]></title>
    <description><![CDATA[Manchester United Ltd. (NYSE:MANU), one of the world&#039;s most storied sports franchises, began publicly trading Friday, but early signs indicated investors were giving a less-than-enthusiastic welcome to the 134-year-old club.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/372433/20120810/manchester-united.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/372433/20120810/manchester-united.htm</link>
    <pubDate>Fri, 10 Aug 2012 10:12:14 +0100</pubDate>
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<item>
    <title><![CDATA[Corn Prices Hit Record After USDA Slashes Harvest Outlook]]></title>
    <description><![CDATA[Corn prices soared Friday to a record high after the U.S. government slashed its estimate of this year&#039;s harvest by nearly 17 percent to the lowest level since 1996.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/372406/20120810/corn.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/372406/20120810/corn.htm</link>
    <pubDate>Fri, 10 Aug 2012 08:56:58 +0100</pubDate>
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<item>
    <title><![CDATA[Europe's Core Economies Hampered By Weak Periphery]]></title>
    <description><![CDATA[Europe&#039;s strongest economies are being dragged down by the recessions in other European countries, some of which are expected to join beleaguered Greece in seeking a bailout.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/371144/20120807/economy-germany-gdp-italy-uk-manufacturing.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/371144/20120807/economy-germany-gdp-italy-uk-manufacturing.htm</link>
    <pubDate>Tue, 07 Aug 2012 07:48:37 +0100</pubDate>
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<item>
    <title><![CDATA[July Employment Report Sparks Risk-On Sentiment In Markets]]></title>
    <description><![CDATA[The U.S. government&#039;s report Friday that 163,000 jobs were created last month, far more than expected, sparked a risk-on sentiment among investors.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/370087/20120803/jobs-employment-investors-stocks-equities-dollar-gold.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/370087/20120803/jobs-employment-investors-stocks-equities-dollar-gold.htm</link>
    <pubDate>Fri, 03 Aug 2012 09:00:28 +0100</pubDate>
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    <title><![CDATA[US GDP Numbers Mean No Change In Nation's 8.2% Jobless Rate: Analysts]]></title>
    <description><![CDATA[The U.S. economy grew more slowly in the second quarter than in the first three months of the year as consumers, struggling with a softening job market, spent less, the Bureau of Economic Analysis said Friday.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/367586/20120727/gdp-jobless-unemployment-second-quarter-economy.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/367586/20120727/gdp-jobless-unemployment-second-quarter-economy.htm</link>
    <pubDate>Fri, 27 Jul 2012 09:41:14 +0100</pubDate>
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<item>
    <title><![CDATA[Spain's Stock Market Drops To Lowest Level In Nearly 10 Years]]></title>
    <description><![CDATA[Spain&#039;s stock market plunged Monday to its lowest level in nearly 10 years on growing doubts that the nation can avoid defaulting on its massive debts without external rescue. The government also instituted a three-month ban on short-selling all securities.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/365833/20120723/spain-stock-market.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/365833/20120723/spain-stock-market.htm</link>
    <pubDate>Mon, 23 Jul 2012 09:32:14 +0100</pubDate>
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    <title><![CDATA[Explorers Find Silver Cargo Worth $38M On Sunken Ship]]></title>
    <description><![CDATA[Odyssey Marine Exploration Inc. (NasdaqCM: OMEX), a deep-ocean exploration company, said Wednesday it found 48 tons of silver bullion, worth some $38 million, on the floor of the Atlantic Ocean some 300 miles off the coast of Ireland.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/364474/20120718/odyssey-marine-exploration-silver-discovery.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/364474/20120718/odyssey-marine-exploration-silver-discovery.htm</link>
    <pubDate>Wed, 18 Jul 2012 13:47:19 +0100</pubDate>
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<item>
    <title><![CDATA[PFG Collapses In MF Global-like Debacle; Broker Rues Lack Of Caution, Oversight]]></title>
    <description><![CDATA[Financial professionals reeled Wednesday after the now-collapsed futures merchant PFG (Peregrine Financial Group Inc.), whose troubles bear an unnerving similarity to MF Global&#039;s woes, left as much as $200 million unaccounted for and PFG clients kicking themselves for ignoring the warning signs.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/361799/20120711/pfg-wasendorf-mf-global-peregrine-cftc-nfa.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/361799/20120711/pfg-wasendorf-mf-global-peregrine-cftc-nfa.htm</link>
    <pubDate>Wed, 11 Jul 2012 07:44:49 +0100</pubDate>
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<item>
    <title><![CDATA[ECB Cuts Interest Rates To Record Low]]></title>
    <description><![CDATA[The European Central Bank, in a widely anticipated move aimed at limiting the number of euro zone nations falling into recession, on Thursday cut its main interest rate to a historic low of 0.75 percent and cut its overnight deposit and lending rates by 0.25 percentage points each, to 0 percent and 1.5 percent, respectively.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/359815/20120705/ecb-interest-rate.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/359815/20120705/ecb-interest-rate.htm</link>
    <pubDate>Thu, 05 Jul 2012 08:18:59 +0100</pubDate>
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<item>
    <title><![CDATA[Supreme Court Health Care Decision Good For Business:  Analyst]]></title>
    <description><![CDATA[The Supreme Court&#039;s approval of the Patient Protection and Affordable Care Act is &quot;unambiguously good&quot; for American business, a George Mason University analyst said Thursday, a view also expressed by Standard & Poor&#039;s Ratings Services.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/357535/20120628/hospital-business-supreme-court-decision.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/357535/20120628/hospital-business-supreme-court-decision.htm</link>
    <pubDate>Thu, 28 Jun 2012 12:16:00 +0100</pubDate>
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<item>
    <title><![CDATA[Health Care Supreme Court Decision: Hospital Owners Praise Outcome]]></title>
    <description><![CDATA[The American Hospital Association praised the Supreme Court&#039;s decision Thursday to affirm the constitutionality of the Patient Protection and Affordable Care Act.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/357505/20120628/health-care-supreme-court-decision.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/357505/20120628/health-care-supreme-court-decision.htm</link>
    <pubDate>Thu, 28 Jun 2012 11:16:02 +0100</pubDate>
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<item>
    <title><![CDATA[Health Care Reform Supreme Court Decision: AMA Cheers Outcome]]></title>
    <description><![CDATA[The largest association of U.S. physicians praised the Supreme Court&#039;s decision Thursday to uphold the Affordable Care Act as a key to expanding health care to some 30 million Americans.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/357490/20120628/ama-supreme-court.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/357490/20120628/ama-supreme-court.htm</link>
    <pubDate>Thu, 28 Jun 2012 10:52:07 +0100</pubDate>
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<item>
    <title><![CDATA[Supreme Court's Top Five Rulings This Term That Affect Businesses]]></title>
    <description><![CDATA[The U.S. Supreme Court&#039;s decisions this term on cases directly concerning businesses have been largely favorable to corporations.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/357422/20120628/supreme-court-business-decision.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/357422/20120628/supreme-court-business-decision.htm</link>
    <pubDate>Thu, 28 Jun 2012 09:02:23 +0100</pubDate>
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<item>
    <title><![CDATA[Shockingly Weak Job Creation In May Hammers Stocks]]></title>
    <description><![CDATA[A shockingly weak jobs report hammered U.S. equities Friday, as major stock indexes headed for their worst loss of the year and erased all of their 2012 gains.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/347910/20120601/jobs-equities-stocks-central-bank.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/347910/20120601/jobs-equities-stocks-central-bank.htm</link>
    <pubDate>Fri, 01 Jun 2012 15:07:50 +0100</pubDate>
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    <title><![CDATA[Industrial Commodities, Stocks Plunge On Global Slowdown Fears]]></title>
    <description><![CDATA[Industrial commodities and global stocks fell sharply Wednesday as evidence mounted that the global economy&#039;s highfliers are dangerously close to stall speed. Yields on 10-year Treasuries tumbled to a record low 1.64 percent.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/346924/20120530/industrial-commodities-global-stocks.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/346924/20120530/industrial-commodities-global-stocks.htm</link>
    <pubDate>Wed, 30 May 2012 12:26:19 +0100</pubDate>
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<item>
    <title><![CDATA[Global Stocks Fall On Fears Of Greek Exit From Euro Zone]]></title>
    <description><![CDATA[Asian, European and U.S. stocks fell hard Wednesday on rising fears and uncertainty about a possible Greek exit from the euro zone as well as concerns over slowing economic growth.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/344422/20120523/asian-european-stocks-greek-exit-euro-zone.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/344422/20120523/asian-european-stocks-greek-exit-euro-zone.htm</link>
    <pubDate>Wed, 23 May 2012 08:47:05 +0100</pubDate>
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<item>
    <title><![CDATA[Greece Fears Drive Down Global Industrial Commodities Prices]]></title>
    <description><![CDATA[Commodities prices fell Wednesday as investors, preparing for the fallout from an expected Greek exit from the euro zone, abandoned industrial and precious metals for the safety of German and U.S. government debt.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/341755/20120516/commodities-greek-euro-zone-oil-gold-copper.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/341755/20120516/commodities-greek-euro-zone-oil-gold-copper.htm</link>
    <pubDate>Wed, 16 May 2012 09:49:13 +0100</pubDate>
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    <title><![CDATA[Global Markets Signal Imminent Greek Departure From Euro Zone]]></title>
    <description><![CDATA[Signs that a Greek departure from the euro zone has become inevitable proliferated worldwide Wednesday with Hong Kong&#039;s main stock index plunging more than 3 percent, bank runs in Athens and Britain&#039;s central bank finalizing contingency plans for a euro zone breakup.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/341720/20120516/greek-euro-zone-hong-kong-stock-athens.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/341720/20120516/greek-euro-zone-hong-kong-stock-athens.htm</link>
    <pubDate>Wed, 16 May 2012 09:03:03 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Greek Coalition Talks, As Yet Unsuccessful, Near End]]></title>
    <description><![CDATA[The president of Greece late Monday summoned the heads of leading political parties in an apparently last-chance bid to cobble together a coalition government and avoid national elections in June.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/340891/20120514/greece.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/340891/20120514/greece.htm</link>
    <pubDate>Mon, 14 May 2012 15:06:11 +0100</pubDate>
</item>
<item>
    <title><![CDATA[European Stocks Plunge On Expectations Greece To Leave Euro Zone]]></title>
    <description><![CDATA[European stocks plunged Monday as fears that Greece will leave the euro zone turned into a virtual consensus about the debt-choked nation&#039;s departure. The downdraft also hammered U.S. stocks, which opened sharply lower.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/340734/20120514/european-stocks-greece-euro-zone.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/340734/20120514/european-stocks-greece-euro-zone.htm</link>
    <pubDate>Mon, 14 May 2012 09:35:34 +0100</pubDate>
</item>
<item>
    <title><![CDATA[P&G Moves Leaders of Skin Care, Cosmetics, Personal Care Unit To Singapore]]></title>
    <description><![CDATA[The Procter & Gamble Company (NYSE: PG), which makes CoverGirl makeup, Olay products and Secret deodorant, will transfer the leaders of its global skin care, cosmetics and personal care unit to Singapore from Cincinnati, Ohio, the company said Thursday.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/339681/20120510/procter-gamble-singapore-skin-care-cosmetics-beauty.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/339681/20120510/procter-gamble-singapore-skin-care-cosmetics-beauty.htm</link>
    <pubDate>Thu, 10 May 2012 14:34:26 +0100</pubDate>
</item>
<item>
    <title><![CDATA[US, European Stocks And Commodities Plunging On Greek Uncertainty]]></title>
    <description><![CDATA[U.S. and European stocks as well as commodities fell hard Tuesday on worries about the effect of a possible Greek departure from the euro zone.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/338597/20120508/stocks-commodities-greek-euro-zone.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/338597/20120508/stocks-commodities-greek-euro-zone.htm</link>
    <pubDate>Tue, 08 May 2012 11:31:19 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Euro Stocks Drop On Prospect Of Socialist Leading France]]></title>
    <description><![CDATA[European stocks plunged Friday on fears a victory by the Socialist candidate in France&#039;s presidential election could upend prospects of setting the continent&#039;s second-largest economy on a sound footing.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/337376/20120504/france-hollande-sarkozy-markets-election-socialism.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/337376/20120504/france-hollande-sarkozy-markets-election-socialism.htm</link>
    <pubDate>Fri, 04 May 2012 11:56:38 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Barrick Gold's 1Q Up 8%, Dividend Increased]]></title>
    <description><![CDATA[Barrick Gold Corp., the world&#039;s largest gold mining company, said Wednesday its first-quarter profit rose 3 percent as a big jump in sales and a higher selling price offset rising costs and slightly less gold production.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/336154/20120502/barrick-gold.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/336154/20120502/barrick-gold.htm</link>
    <pubDate>Wed, 02 May 2012 09:25:39 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Coca-Cola In Talks To Buy $11.6B Monster Beverage]]></title>
    <description><![CDATA[The Coca-Cola Co. (NYSE: KO) is in talks to buy energy drink maker Monster Beverage Corp. (Nasdaq: MNST), an $11.6 billion company whose shares rocketed more than 20 percent Monday, in what would be Coca-Cola&#039;s largest acquisition, the Wall Street Journal reported.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/335136/20120430/coca-cola-monster-beverage-energy-drink.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/335136/20120430/coca-cola-monster-beverage-energy-drink.htm</link>
    <pubDate>Mon, 30 Apr 2012 12:33:38 +0100</pubDate>
</item>
<item>
    <title><![CDATA[European Economic, Financial Data Grow Threatening]]></title>
    <description><![CDATA[Europe&#039;s chronic financial and economic troubles threaten to reach a critical level in May as warning signals emerge from the continent&#039;s core and its southern periphery.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/335015/20120430/europe-financial-economic-spain-greece-euro-zone.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/335015/20120430/europe-financial-economic-spain-greece-euro-zone.htm</link>
    <pubDate>Mon, 30 Apr 2012 09:27:57 +0100</pubDate>
</item>
<item>
    <title><![CDATA[Newmont Mining's 1Q Profit Slides, But Adjusted Income Up]]></title>
    <description><![CDATA[Newmont Mining Corporation (NYSE: NEM) said Friday first-quarter profit fell 4.7 percent diminished gold production and higher costs offset higher selling prices.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/334298/20120427/newmont-mining.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/334298/20120427/newmont-mining.htm</link>
    <pubDate>Fri, 27 Apr 2012 10:28:14 +0100</pubDate>
</item>
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    <title><![CDATA[Spain's, Italy's Borrowing Costs Near Crisis Level]]></title>
    <description><![CDATA[Bond investors brought the governments of Spain and Italy to the brink of crisis Friday as the cost of borrowing rose to nearly unsustainable levels.]]></description>
    <guid>http://www.ibtimes.co.uk/articles/334275/20120427/spain-italy-bond.htm</guid>
    <link>http://www.ibtimes.co.uk/articles/334275/20120427/spain-italy-bond.htm</link>
    <pubDate>Fri, 27 Apr 2012 09:37:43 +0100</pubDate>
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