04/14/13 The Raw Business News Feed

Comprehensive Real-Time News Feed for Business News.

• Lennar to host Grand Opening to showcase new model homes at Wilson Preserve in Riverview_{2013-04-15, 03:16 pm}
  TAMPA, Fla. - Lennar will host a Grand Opening Saturday, April 20 to showcase its new Monte Carlo model home at Wilson Preserve, the master-planned community located south of Gibsonton Drive off U.S. 301 in Riverview. Mark Metheny, president of Lennar's Central Florida Division, said the Monte Carlo model home offers four bedrooms and three baths in 3,210 square feet of living space with a three-car garage. Metheny said the Southern Hospitality themed Grand Opening event, from 12-3 p.m., wil
• 4 Stocks Rising on Unusual Volume _{2013-04-15, 03:12 pm}
  Professional traders running mutual funds and hedge funds don't just look at a stock's price moves; they also track big changes in volume activity.
• CVC Capital May Bid for U.K.'s Betfair _{2013-04-15, 03:11 pm}
  Buyout firm CVC Capital Partners Group is calculating the odds of success before taking a shot at U.K. online betting company Betfair plc, but has already hired an investment bank to advise it on a possible bid for the London-listed company.
• Recovery? Americans Short On Cash Every Month _{2013-04-15, 03:11 pm}
  A troubling number of U.S. adults just can't seem to get over the financial hump these days -- to the point where more than one-third of Americans are battling to make ends meet each month.
• Netflix Catching Up to HBO Quality _{2013-04-15, 03:11 pm}
  Greenfield on Monday finally began coverage of Netflix with a "buy" rating and $250 price target after BTIG's media equity research team for years wrote more about Netflix than any other company they were following but had been "scared" to put a rating on the stock given the disconnect between the stock price and underlying fundamentals.
• Expolsions Reported At Boston Marathon Finish Line _{2013-04-15, 02:11 pm}
  Two explosions took place near the finish line of the Boston Marathon this afternoon according to media reports, and an unconfirmed number of people are injured. The cause of the explosions is not known. More to comea
• Alarming Bird Flu News: H7N9 Spreads Throughout China, May Pass Person-to-Person _{2013-04-15, 02:10 pm}
  New cases of H7N9 were reported over the weekend in Beijing and China's central Henan province, the first time the influenza A virus has spread through all regions of the country.
• P.M. Kitco Metals Roundup: Gold, Silver Slammed to 2-Year Lows on Panic Selling _{2013-04-15, 01:15 pm}
  Gold and silver prices careened lower on massive panic selling pressure Monday that drove both market to more-than-two-year lows.
• WonkTalk: Why the income tax system doesn't work _{2013-04-15, 03:11 pm}
  Apr. 15, 2013 - The Washington Post's Ezra Klein and Neil Irwin of WonkBlog discuss the tax code, how Americans approach income-tax filing and why it's difficult for lawmakers to overhaul taxes. (The Washington Post)
• Lennar Homes opens four bedroom Alexandria model home at Olympia Pointe in Lehigh Acres _{2013-04-15, 03:09 pm}
  FORT MYERS, Fla. -- Lennar Homes recently opened the four-bedroom, three-bath Alexandria model home at Olympia Pointe in Lehigh Acres, Lennar's gated family community located off Colonial Blvd. in Fort Myers. Matt Devereaux, vice president of sales and marketing for Lennar Homes in southwest Florida, said the Alexandria model home is priced from $193,990 and totals 1,904 square feet of living space, plus a two car garage. Lennar plans to build some 50 one and two-story homes at Olympia Poi
• ALTR Supports Local Susan G. Komen Group by Creating Pink Button Covers for Breast Cancer Awareness _{2013-04-15, 03:04 pm}
  To learn more about ALTR's efforts, visit www.madetoaltr.com or the ALTR web page on RocketHub, a crowdfunding website, at http://rkthb.co/12737. ALTR is a client company of the University of Central Florida's Business Incubation Program - Orlando.
• What is Dish thinking with Sprint offer? _{2013-04-15, 02:53 pm}
  The satellite company offered $25.5 billion to buy Sprint, the No. 3 cell phone company in the United States, Monday morning.
• Bowles sees 'seeds of hope' in Obama budget _{2013-04-15, 02:47 pm}
  Deficit hawk Erskine Bowles , who chaired President Barack Obama 's deficit commission three years ago, said Monday that Obama's recent budget plan offers the "seeds of hope" for a Washington budget deal.
• Oil drops to four-month low as China growth slows _{2013-04-15, 02:46 pm}
  The price of oil dropped to a four-month low, as a slowdown in China's growth added to doubts about the strength of the world economy and global demand for crude.
• Gold plunges to lowest in more than 2 years _{2013-04-15, 02:46 pm}
  In this Thursday, Feb. 14, 2013 photo, an Indian woman looks at a display of gold jewelry at a shop in Mumbai, India.
• Citigroup execs sound a cautious note _{2013-04-15, 02:46 pm}
  Though they didn't declare victory, they appeared to have reason to: Citigroup's investment bank advised more companies on mergers and acquisitions; its retail bank wrote more mortgages; and the company set aside less money for bad loans.
• Where to get last-minute tax tips and help _{2013-04-15, 02:46 pm}
  What to do if you can't file by April 15, from CCH , the tax guy's tax guy. For more topics, check out CCH's press releases .
• Make the most of the first 90 days of a new job _{2013-04-15, 02:46 pm}
  There's a good reason much has been made about "the first 90 days" in a new job.
• Local Law Firm Will Help Sponsor American Cancer Society's Annual Port Orange Relay for Life_{2013-04-15, 02:45 pm}
  PORT ORANGE - The Port Orange-based law firm of Rue, Ziffra Caldwell, with offices in Palm Coast, once again is helping to sponsor the American Cancer Society's 2013 Relay for Life April 20-21 at the Port Orange Pavilion, 5501 S. Williamson Blvd. The fundraising event - which begins at noon Saturday and continues through 6 a.m. Sunday - involves more than four million people in over 20 countries each year. Included in the 18-hour relay will be a luminaria or candlelight ceremony, a survivor's
• F-Bombs OK? FCC Asks If It Should Ease Swearing, Nudity Ban _{2013-04-15, 02:45 pm}
  Should the Federal Communications Commission lighten up on enforcing its ban on swear words and nudity on broadcast media? The agency has proposed doing just that-letting "fleeting" violations slide and enforcing its rules only for "egregious" offenses.