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GMX Resources Slips To Loss In Q2; Signs LOI With Kinder Morgan For Interest In Pipeline - Update
Oil and gas explorer GMX Resources Inc. (GMXR) late Monday reported a net loss for the second quarter compared to net income in the year-ago period, as a 2% increase in production was largely offset by lower crude oil and natural gas prices. The results for the latest quarter also include inventory writedowns and deferred income tax valuation allowance.
RTT News

UBS still losing client money, sees improvement
ZURICH (Reuters) - Swiss bank UBS posted another big loss in the second quarter as wealthy clients were scared off by a U.S. tax row, but said it hoped to start winning back trust now that a U.S. deal was in sight.
Reuters

Federal Tax Revenue Plummeting
Recession Hits Government's Coffers Hardest Since 1932, Just as Leaders Plan Big-Ticket Reforms
CBS News

Obama`s tax promise: Too tall an order
The middle class may have to pay more in taxes. That was the media's takeaway from comments made by Treasury Secretary Timothy Geithner over the weekend.
CNN

ANZ to buy RBS Asia units
Australia's ANZ on Tuesday agreed to buy part of Royal Bank of Scotland's Asian banking assets for $550m in a deal which bolsters its strategy to become a "super-regional" lender, reports the FT. ANZ will buy RBS units in Taiwan, Singapore, Indonesia,  HK, the Philippines and Vietnam. Bloomberg adds that RBS is selling or shutting businesses in two-thirds of the 54 countries in which it operates after posting the biggest loss in UK history last year....
FT

Gateway, a Leader in B2B Lead Generation, Launches New Web Marketing Service
Gateway Business Development, a leader in business-to-business customer development and lead generation, recently launched its new Web Marketing Program. When working in conjunction with Gateway'...
Big News Network

Credit Suisse to build India equity business
Credit Suisse to build India equity businessCredit Suisse to build India equity business
The Economic Times

Analysis: Obama Struggling To Keep No-tax Pledge
Analysis: Obama's Options To Pay For Health Overhaul Limited By Promise Of No Middle-class Tax
CBS News

European markets slip after mixed earnings
European stock markets fell Tuesday ahead of an expected lower opening in the U.S. as mixed corporate earnings led some investors to book profits from recent market highs. The FTSE 100 index of leading British shares, which closed Monday at its highest level... Sponsored Topics: Asia - Wall Street - Business - S&P 500 - Investing
SF Gate

Daily Forex Analysis - August 4, 2009 - International Business Times
Daily Forex Analysis - August 4, 2009 International Business TimesBeing supported by the rising trend line from 91.73 to 93.09, USDJPY rebounds from 94.49 level, suggesting that the pair remains in short term uptrend. ...and more raquo;
Info 5000

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