http://manyfinancenews.com One small blog in a big financial world Sun, 05 Feb 2012 03:44:05 +0000 http://backend.userland.com/rss092 en Some shareholders have sued Hecla Mining Co. for stock losses they endured after the federal government shut down the Lucky Friday Mine for safety violations. The Bricklayers of Western Pennsylvania Pension Plan this week filed the lawsuit in federal court in Idaho against Hecla, which is based in Coeur d'Alene. ... http://manyfinancenews.com/shareholders-sue-hecla-mining-co-after-deaths/ Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery. The results cap off another strong year for U.S. manufacturing. Combined with strong figures released Thursday on job growth in January, they signal the economic recovery is gathering strength. ... http://manyfinancenews.com/factory-orders-up-11-percent-in-december/ Hong Kong will spend nearly HK$80 billion ($10.3 billion) to bolster growth as the government forecasts the weakest expansion since 2009 on a http://manyfinancenews.com/hong-kong-plans-10-billion-boost-to-economy-bloomberg/ Spain's Banco Santander saw its fourth-quarter profits plunged 98 percent after it took a euro1.8 billion ($2.4 billion) charge to protect its Spanish real estate portfolio, and as it set aside cash to cover bad loans. Europe's largest bank by market capitalization said Tuesday it earned euro47 million for the ... http://manyfinancenews.com/banco-santander-sees-q4-profit-slide-after-charge/ The U.N. nuclear agency is including two senior weapons experts on its next mission to Tehran in an unusually clear statement on the team's prime focus _ wresting information from Iranian officials about suspicions the country has secretly worked on atomic arms. Iran has flatly refused to discuss such allegations ... http://manyfinancenews.com/apnewsbreak-un-weapons-experts-going-to-tehran/ European Union Economic and Monetary Affairs Commissioner Olli Rehn said authorities are http://manyfinancenews.com/eus-olli-rehn-says-greek-debt-deal-is-close-as-creditors-meet-ministers-bloomberg/ Turkey stands by its forecast of 4 percent growth this year, Deputy Prime Minister Ali Babacan said, dismissing International Monetary Fund projections that the economy may barely expand. The global environment is uncertain and there are major decisions to be taken in developed nations in the next four ... http://manyfinancenews.com/babacan-dismisses-imf-forecasts-predicts-turkish-economy-to-expand-4-bloomberg/ Listen up, beer lovers -- you may soon be able to get your suds in grande form. At Starbucks. Starbucks said Monday that it would begin offering beer and wine at select locations in Atlanta and Southern California by the end of this year, to go along ... http://manyfinancenews.com/starbucks-to-offer-alcohol-in-more-locations/ Berkshire Hathaway Inc.'s energy business agreed to buy an 81-megawatt wind power project from Invenergy Wind LLC to expand production in Illinois. The Bishop Hill II project, which is under construction, will use 50 General Electric Co. 1.62-megawatt turbines, according to a statement Friday from Berkshire's MidAmerican Energy Holdings Co. ... http://manyfinancenews.com/buffett-company-to-buy-wind-farm-in-illinois/ A multiple sclerosis drug made by industry giant Novartis is under investigation after at least 11 patients taking the medicine died. The drug, Gilenya, was licensed last year in the European Union to treat patients with a severe type of multiple sclerosis. The deaths raise concerns Gilenya could trigger heart ... http://manyfinancenews.com/novartis-drug-investigated-after-11-deaths/