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| Yandex's Surge on Debut Stirs More Talk of Tech Bubble Ocala Shares of Yandex, a Russian search engine barely known in the United States, surged by more than 55 percent on Tuesday, signifying the latest multibillion-dollar technology offering and stoking the debate about whether this market has the makings of a ... See all stories on this topic » | ||
| Crude prices vulnerable to physical trading tricks Financial Times By Javier Blas For the past five years policymakers have been obsessed with speculation on commodities markets, focusing on derivatives markets such as the New York Mercantile Exchange and the London-based ICE Futures Europe, while at the same time ... See all stories on this topic » | ||
| Coffee Prices Up 40 Percent, Could Go Even Higher WMTW Portland PORTLAND, Maine -- People are paying more to fuel up these days — on coffee. Coffee price increases have outpaced even the hike in gasoline prices the past year. A one-pound can of ground coffee sold for $5.10 in April, up 40 percent from $3.64 the ... See all stories on this topic » | ||
| El Paso Corp. sells off production, exploration unit Tulsa World Storage tanks stand on the grounds of El Paso Corp.'s liquified natural gas Elba Island terminal near Savannah, Ga. Houston-based El Paso announced Tuesday it will spin off its exploration and production unit this year. Stephen Morton/Bloomberg News By ... See all stories on this topic » | ||
| SEC leased unneeded space in DC, watchdog report says Washington Post By David S. Hilzenrath, The Securities and Exchange Commission "grossly overestimated" the amount of office space it needed and might have violated federal law when it signed a $556.8 million, 10-year lease last year in downtown Washington, ... See all stories on this topic » | ||
| German Consumer Mood Declines Wall Street Journal By TOM FAIRLESS FRANKFURT—German consumer confidence is set to fall further in June as high energy prices and Greece's debt crisis weigh on consumer mood, market research group GfK said Wednesday. "The worsening of the debt crisis in Greece and ... See all stories on this topic » | ||
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| Export Tumble Puts Japan in Deficit Wall Street Journal By TAKASHI NAKAMICHI TOKYO—Japanese exports fell at their sharpest pace in 18 months in April, tipping the trade balance into a deficit as damage from the March 11 earthquake continued to hobble production and shipments of cars and other products that ... See all stories on this topic » | ||
| Zynga Is Said to Plan IPO by End of June, Has Interviewed Banks to Handle Bloomberg By Ari Levy - Wed May 25 04:01:00 GMT 2011 Mark Pincus, founder and chief executive officer of Zynga Game Network Inc., speaks at the Web 2.0 Summit in San Francisco, California, US, on Monday, Nov. 15, 2010. Photographer: Tony Avelar/Bloomberg May 24 ... See all stories on this topic » | ||
| Boeing may re-engine 737 if it cannot redesign-CEO Reuters By Kyle Peterson CHICAGO (Reuters) - Boeing Co (BA.N) will "retain the ability" to re-engine the current model of its hot-selling 737 narrowbody jet should the company be unable to produce a completely redesigned version, Chief Executive Jim McNerney ... See all stories on this topic » | ||
| MGA wants $177M in punitive damages in Bratz case The Associated Press SANTA ANA, Calif. (AP) — Toy maker MGA Entertainment is asking a judge to award it $177 million in punitive damages after a federal jury last month found its rival Mattel Inc. liable for $88 million for misappropriation of trade secrets. ... See all stories on this topic » | ||
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| Costco Third-Quarter Profit Rises as Mexico Warehouse Stores Boost Sales Bloomberg By Matt Townsend - Wed May 25 07:13:29 GMT 2011 Costco Wholesale Corp. (COST), the largest US warehouse-club chain, posted a 6 percent rise in third- quarter profit on contributions from operations in Mexico. Net income rose to $324 million, ... See all stories on this topic » | ||
| Lockheed Martin Chief Sees Likelihood of More Job Cuts, FT Says Bloomberg By Alan Purkiss - Wed May 25 08:56:30 GMT 2011 Lockheed Martin Corp. (LMT), the world's biggest military equipment maker by revenue, will probably cut more jobs as it seeks reduce costs, according to Chief Executive Officer Robert Stevens, ... See all stories on this topic » | ||
| Sales of New Homes in US Rose in April Bloomberg By Bob Willis - Tue May 24 14:30:16 GMT 2011 Sales climbed 7.3 percent to a 323000 annual pace last month, figures from the Commerce Department showed today in Washington. The median estimate in a Bloomberg News survey of economists called for sales at ... See all stories on this topic » | ||
| Alabama banks rebound in 1Q Bizjournals.com Alabama banks reversed their fortunes in the first quarter, according to new data from the Federal Deposit Insurance Corp. The state's banks reported an aggregated profit of $179 million for the first quarter of 2011, compared to an $87 million loss ... See all stories on this topic » | ||
| American Superconductor names exec to replace CEO Boston Herald By Thomas Grillo Ailing American Superconductor Corp. has named president and chief operating officer Daniel McGahn as its CEO, effective June 1. The change comes as the Devens-based maker of equipment for the electric-power industry has lost more than ... See all stories on this topic » | ||
| Google, Citi to invest in 1550MW Alta Wind Energy Center in US Energy Business Review Google and Citi plan to invest in the 1550MW Alta Wind Energy Center (AWEC) being constructed by Terra-Gen Power, an affiliate of ArcLight Capital and Global Infrastructure Partners, in the US state of California. The companies will each invest $55m in ... See all stories on this topic » | ||
| Compuware earnings drop in 4Q Detroit Free Press Detroit-based Compuware said Tuesday that it earned $34.8 million, or 16 cents a share, in its fiscal fourth quarter that ended March 31. That was down 6.8% from its net income of $37.4 million, or 16 cents a share, in the year-ago period. ... See all stories on this topic » | ||
| Take-Two 4Q Loss Widens On Lower Rev, Margins; FY View Weak Wall Street Journal (Adds executive comments, details, in the first through sixth paragraphs; updates shares prices, in the 14th paragraph.) By Ian Sherr Of DOW JONES NEWSWIRES SAN FRANCISCO (Dow Jones)--Take-Two Interactive Software Inc.'s (TTWO) earnings outlook for the ... See all stories on this topic » | ||
| FCC Expected to Stay 'Neutral' on Wireless Competition Wall Street Journal By AMY SCHATZ WASHINGTON—Federal telecommunications regulators are expected to take a neutral position on whether the wireless industry is competitive in a coming report on the mobile market, people familiar with the report said Tuesday. ... See all stories on this topic » | ||
| Applied Materials Drops After Forecasts Fall Short of Analysts' Estimates Bloomberg By Ian King - Wed May 25 07:22:36 GMT 2011 Applied Materials Inc. (AMAT), the world's largest producer of chipmaking equipment, declined in Frankfurt trading after forecasting third-quarter profit and sales that missed analysts' estimates, ... See all stories on this topic » | ||
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| Profit drops 19 percent at Medtronic Boston Globe AP / May 25, 2011 Medtronic said yesterday its profit dropped 19 percent in the fourth-quarter and the device maker predicted lower-than-expected growth for the year ahead due to a continuing slump in sales of its implants. ... See all stories on this topic » | ||
| Plans To Build Chicken Processing Plant Remain On Hold WITN Plans to build a controversial poultry plant in Nash County remain on hold after Sanderson Farms reported a major loss in the second quarter. Sanderson Farms announced earlier this year that plans for a new processing plant in North Carolina were on ... See all stories on this topic » | ||
| Jackson Hewitt files Chapter 11 Bizjournals.com Jackson Hewitt Tax Service Inc. Tuesday filed for Chapter 11 bankruptcy protection and said it has reached an agreement with its lenders on a pre-packaged plan of reorganization. Under the plan, Jackson Hewitt's secured lenders will receive shares of a ... See all stories on this topic » | ||
| TiVo Reports Profit Due to Patent Suit Settlement ABC News By RACHEL METZ AP Technology Writer TiVo Inc. reported a quarterly profit on Tuesday after booking proceeds from the settlement of a digital video recorder patent lawsuit with Dish Network Corp. and set-top box supplier EchoStar Corp. ... See all stories on this topic » | ||
| Deere Raises Dividend, Announces Chinese Engine Plant Fox Business By Jennifer Booton Deere (DE) raised its dividend by 6 cents a share and announced plans on Tuesday to build an engine factory in China for roughly $60 million. The dividend of 41 cents a share is payable August 1 to shareholders of record on June 30. ... See all stories on this topic » | ||
| Gas prices could shoot up by 30 cents Wausau Daily Herald Gasoline prices in the Midwest could shoot up as much as 30 cents a gallon today and Thursday because of rising wholesale prices, an analyst said. gasbuddy.com, said a disruption in production at Exxon Mobil Corp.'s Joliet, Ill., refinery could drive ... See all stories on this topic » | ||
| Cracker Barrel Q3 results miss, cuts FY profit view Reuters May 24 (Reuters) - Family dining chain Cracker Barrel Old Country Store Inc's third-quarter profit fell short of market estimates, hurt by a fall in guest traffic, and the company cut its full-year earnings outlook, sending its shares down as much as ... See all stories on this topic » |
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