Finance counsels

The prospective new owners of the Phoenix Coyotes are willing to sign a long-term lease to keep the team in Arizona, but they also are looking at playing some “home” games in western Canada to boost revenue and attendance.
Ice Edge Holdings Inc. also is talking about parking charges at the Glendale-owned Jobing.com Arena to help […]

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Despite any concerns about economic woes, more Houston Business Journal readers want to focus on their health in the new year.
Of the 328 responses to this week’s BusinessPulse survey asking about New Year’s resolutions, 26 percent said they want to lose weight. That was closely followed by 24 percent who didn’t make resolutions.
Other survey choices […]

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Home prices in 20 U.S. cities rose in October for a fifth consecutive month, putting the housing market and economy farther along the path to recovery.
The S&P/Case-Shiller home-price index increased 0.4 percent from the prior month on a seasonally adjusted basis, after a 0.2 percent rise in September, the group said today in […]

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French drugmaker Sanofi-Aventis SA said Monday that it plans to buy U.S. health care company Chattem Inc., maker of over-the-counter mainstays such as Gold Bond skin products, for $1.9 billion in cash.
The deal also gives Sanofi-Aventis a distribution path for its popular allergy drug Allegra, which it wants to switch from prescription-only […]

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New Zealand’s central bank may raise its benchmark interest rate as early as March as a surging housing market stokes consumer spending and fans inflation, according to economists and traders.
Reserve Bank Governor Alan Bollard yesterday said he may raise the official cash rate from a record-low 2.5 percent “around the middle of 2010” […]

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Spain’s industrial production fell the least in more than a year in October as government stimulus measures bolstered demand for cars even as unemployment continued to climb.
Output at factories, refineries and mines fell 9.2 percent from a year earlier, adjusted for the number of working days, the least since September of last year, […]

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Stocks struggled Wednesday as investors sought more evidence that a recovery is taking hold, one day after the Dow industrials closed at its highest point in 14 months.
Mixed readings on the labor market, GM’s management shakeup and record gold prices above $1,210 an ounce all played a role in the day’s trading.
The Dow […]

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The Securities and Exchange Commission filed fraud charges against Canopy Financial Inc., the health care financial services company that tumbled into bankruptcy this week amid accusations that it had falsified financial reports.
In its complaint, the SEC alleges that Canopy and Jeremy Blackburn — the former president and chief operating officer who resigned shortly after the […]

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The United States’ pattern of consumption funded by credit has an impact on its currency’s exchange rate, ECB’s governing council member Nout Wellink said on Thursday.
“The sub prime crisis was an expression of living above its means. That then translates into the exchange rate versus foreign currencies,” Wellink said during a symposium of the […]

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Tiffany & Co reported a larger-than-expected quarterly profit and raised its forecast for full-year earnings on the strength of its overseas sales and a solid start to the holiday season, sending the upscale jeweler’s shares up nearly 6 percent.
The company’s sales showed double-digit growth in Asia and a slower rate of decline for the […]

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