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David D Sponenberg

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NH, Concord, 11 Cabernet Dr Unit #1, 3303

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Waukegan Savings Bank Is 40th Bank Failure Of Year
Waukegan Savings Bank of Waukegan, Ill., was closed by regulators on Friday and is the 40th U.S. bank failure of the year, the Federal Deposit Insurance Corp. said.
Brazil's Petrobras Registers 2Q Loss on Weaker Real
Brazilian state-run energy giant Petroleo Brasileiro SA (PBR, PETR4.BR), or Petrobras, disclosed its worst quarterly earnings performance in more than a decade late Friday, registering a net loss in the second quarter on a weaker real currency and heavy fuel imports.
Argentina's July Auto Output Up 24% on Month; Down 6.7% on Year
Argentina's automobile industry produced 65,900 vehicles in July, a decrease of 6.7% from a year earlier due to a drop in car exports, according to an industry trade group.
Knight's Rivals Poised to Gain Share in Handling Retail Trades
Knight Capital Group Inc.'s (KCG) main business of making markets for retail stock trades is hugely prized on Wall Street, and now potentially up for grabs for a handful of competitors after a trading snafu steered big clients away from Knight.
NY, Connecticut Attorneys General Demand Libor Information from Citi
Citigroup Inc. (C) disclosed law-enforcement agencies are demanding more information about the bank's involvement in setting Libor interest rates.
Apple Exec: Jobs Was Open to Making Smaller iPad
Vice president Eddy Cue said in an email dated January 24, 2011 he had broached the idea of a smaller tablet to Jobs several times since Thanksgiving, and the co-founder was receptive 'the last time.'
Nissan Puts its Pathfinder on a Diet
Nissan unveiled a new 2013 model of its Pathfinder on Friday that is 300 to 500 pounds lighter than the 2012 version as the company seeks to increase its performance in the U.S. market.
Ally Sees Increase in Fannie Requests as It Tries to Stem Mortgage Exposure
Ally Financial Inc. (GMA.XX), which is largely exiting the mortgage business through the bankruptcy of its Residential Capital subsidiary, saw an increase in demands by Fannie Mae (FNMA) in the second quarter to buy back defective loans, according to a regulatory filing.
Berkshire Net Falls, but Operating Results Beat Street
Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) said second-quarter profit fell 9% to $3.11 billion amid declining results in its derivative portfolio and a failure to repeat a big investment gain it chalked up a year ago.
Berkshire's Operating Results Beat Consensus
Warren Buffett's Berkshire Hathaway Inc. (BRKA, BRKB) said second-quarter profit fell 9% to $3.11 billion amid declining results in its derivative portfolio and a failure to repeat a big investment gain it chalked up a year ago.
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