http://www.latestfinancialinfo.com Fri, 30 Jul 2010 20:37:59 +0000 http://backend.userland.com/rss092 en Reuters - Enbridge Inc's chief executive said on Friday he was unable to say when the company would be able to restart the Michigan pipeline that ruptured earlier this week, spilling more than 800,000 gallons of oil. Read the original here:  Enbridge says no restart date for ruptured line ... http://www.latestfinancialinfo.com/enbridge-says-no-restart-date-for-ruptured-line-reuters/ AP - Drugmaker Merck & Co. on Friday reported a 52 percent drop in second-quarter net income, weighed down by big restructuring charges from buying Schering-Plough Corp., generic competition and other factors. Read more from the original source: Merck's 2Q net drops on higher costs, charges ... http://www.latestfinancialinfo.com/mercks-2q-net-drops-on-higher-costs-charges-ap/ AP - Drug developer Dynavax Technologies Corp. said Friday that higher operating expenses, weak revenue and costs linked to a stock offering drove it to a second-quarter loss, reversing a year-ago profit. More: Dynavax posts 2Q loss, weighed down by expenses (AP) http://www.latestfinancialinfo.com/dynavax-posts-2q-loss-weighed-down-by-expenses-ap/ Reuters - U.S. stocks are unlikely to break above a key technical level next week unless monthly jobs data and consumer company results paint a more promising picture of the recovery. Original post:  Jobs data, earnings latest test for stocks (Reuters) http://www.latestfinancialinfo.com/jobs-data-earnings-latest-test-for-stocks-reuters/ AP - Weakening U.S. economic growth and worried comments from Federal Reserve officials drove the dollar to an 8-month low Friday against the Japanese yen. Go here to see the original: Dollar sinks to 8-month low vs yen as growth slows (AP) http://www.latestfinancialinfo.com/dollar-sinks-to-8-month-low-vs-yen-as-growth-slows-ap/ AP - Energy prices settled higher on a day of uneven trading after the government said the economic recovery slowed during the second quarter as consumers conserved their money. Read more: Oil prices settle near $79 (AP) http://www.latestfinancialinfo.com/oil-prices-settle-near-79-ap/ AFP - The IMF on Friday lowered its 2011 growth forecast for the Spanish economy to 0.6 percent from the 0.9 percent it foresaw in April and warned the recovery "is likely to be weak and fragile." View original post here:  IMF lowers Spain growth forecast, warns of 'fragile' rebound ... http://www.latestfinancialinfo.com/imf-lowers-spain-growth-forecast-warns-of-fragile-rebound-afp/ AP - Real estate investment trust Glimcher Realty Trust said Friday a recently completed public offering of 16.1 million common shares generated about $96 million, after commissions, discounts and expenses. Go here to read the rest: Glimcher offering raises $96M after costs (AP) http://www.latestfinancialinfo.com/glimcher-offering-raises-96m-after-costs-ap/ Reuters - Goldman Sachs Group Inc is the bank many Americans love to hate, but one group just plain loves it: its employees. Excerpt from:  Goldman employees still enamored with firm and CEO (Reuters) http://www.latestfinancialinfo.com/goldman-employees-still-enamored-with-firm-and-ceo-reuters/ Reuters - New York Attorney General Andrew Cuomo has subpoenaed six additional insurers as the state widens a probe into possible fraud in the life insurance industry. Read more from the original source:  Cuomo widens insurer probe with 6 more subpoenas (Reuters) http://www.latestfinancialinfo.com/cuomo-widens-insurer-probe-with-6-more-subpoenas-reuters/