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| Ericsson Q2 miss on job charge sinks shares Reuters By Patrick Lannin and Olof Swahnberg STOCKHOLM, July 21 (Reuters) - Investors ditched shares in mobile phone network supplier Ericsson (ERICb.ST) on Thursday after it missed earnings forecasts due to a hefty job cut charge and forecast less profitable ... See all stories on this topic » | ||
| EU Said to Consider Greek Bond Guarantee Bloomberg By [bn:PRSN=1705817] James G. Neuger [] - Thu Jul 21 09:08:34 GMT 2011 ECB President Jean-Claude Trichet has been at loggerheads with EU leaders about allowing Greece to default, an event he says would risk sparking a new global financial crisis. ... See all stories on this topic » | ||
| Morgan Stanley set for Q2 loss Reuters By Lauren Tara LaCapra NEW YORK, July 21 (Reuters) - Morgan Stanley is set to report a second-quarter loss on Thursday, as costs caused by a leftover item from the financial crisis compound the effects of a weak trading environment and stubbornly high ... See all stories on this topic » | ||
| Survey shows contraction in China manufacturing The Associated Press BEIJING (AP) — China's manufacturing contracted in July for the first time in a year as the government tightened controls to cool rapid economic growth, a closely watched monthly survey showed Thursday. HSBC Corp. said Thursday its Flash China ... See all stories on this topic » | ||
| Drug maker Roche half-year profit drops 5 percent on strong Swiss franc Washington Post By AP, GENEVA — Swiss maker of cancer-fighting drugs Roche Holding AG announced a 5 percent drop in net profits during the first six months of the year Thursday, blaming Switzerland's strong currency for dampening results. ... See all stories on this topic » | ||
| Express Scripts to Buy Medco for $29 Billion New York Times By ANDREW ROSS SORKIN and CHRIS V. NICHOLSON Express Scripts, the pharmacy benefits manager, is poised to buy its rival Medco Health Solutions for about $29 billion in a deal that could be announced later Thursday, a person familiar with the matter ... See all stories on this topic » | ||
| China factory sector shrinks, IMF finds world worried Reuters By Kevin Yao and Emily Kaiser BEIJING, July 21 (Reuters) - China's factory sector shrank for the first time in a year in July, a survey showed on Thursday, feeding worries among the country's main trading partners that its growth is unsustainable and ... See all stories on this topic » | ||
| Intel Sees Quarterly Sales Beating Estimates on Company Computer Upgrades Bloomberg By Ian King - Thu Jul 21 08:08:06 GMT 2011 July 20 (Bloomberg) -- Stacy Smith, chief financial officer of Intel Corp., discusses the company's second-quarter profit and outlook. Smith talks with Emily Chang and Jon Erlichman on Bloomberg Television's ... See all stories on this topic » | ||
| BP Gulf spill compensation fund to be audited The Associated Press WASHINGTON (AP) — An independent audit will be performed on the $20 billion fund set up to compensate victims of last year's BP oil spill in the Gulf of Mexico, Attorney General Eric Holder announced Wednesday. In a letter to the fund's administrator, ... See all stories on this topic » | ||
| Asia Bank Stocks Rise as France, Germany Agree Bloomberg Businessmen walk past a sign at the headquarters of Mitsubishi UFJ Financial Group Inc. in Tokyo, Japan. Businessmen walk past a sign at the headquarters of Mitsubishi UFJ Financial Group Inc. in Tokyo, Japan. Photographer: Kimimasa Mayama/Bloomberg ... See all stories on this topic » | ||
| ANA, AirAsia to Launch Budget Carrier in Japan Wall Street Journal By HIROYUKI KACHI TOKYO—All Nippon Airways Co. and Malaysia's AirAsia Bhd. said Thursday they will launch a new low-cost carrier to be based near Tokyo, and which will begin operations in about a year. The Japanese airline, commonly known as ANA, ... See all stories on this topic » | ||
| Japan export slump moderates in June Boston Globe By Tomoko A. Hosaka AP / July 21, 2011 TOKYO—The slump in Japan's exports moderated in June in a sign the world's third-largest economy is beginning to mend after the March 11 earthquake and tsunami. The finance ministry said Thursday that exports fell ... See all stories on this topic » | ||
| Indiana 6th in toxic air pollution Terre Haute Tribune Star TERRE HAUTE — Indiana has gained the dubious distinction of being ranked sixth in the nation in 2009 for the most toxic air pollution from coal-fired and oil-fired power plants, according to an analysis from the Natural Resources Defense Council, ... See all stories on this topic » | ||
| EBay Forecast Tops Estimates as PayPal, Acquisitions Fuel Website's Growth Bloomberg By Douglas MacMillan - Thu Jul 21 00:08:17 GMT 2011 EBay Inc. forecast sales that topped analysts' estimates, spurred by growing demand for its PayPal paymen service and the company's recent spate of acquisitions. EBay Inc. forecast sales that topped ... See all stories on this topic » | ||
| Hynix sees 2012 DRAM bit growth above 40-50 pct Reuters SEOUL, July 21 (Reuters) - The chief executive of Hynix Semiconductor , the world's second-biggest computer memory chipmaker, expects the company's 2012 DRAM bit growth to exceed the market average of 40 to 50 percent from this year. ... See all stories on this topic » | ||
| Akzo's Wijers Plans Added Efficiency Drive Before Leaving BusinessWeek By Andrew Noel July 21 (Bloomberg) -- Akzo Nobel NV Chief Executive Officer Hans Wijers said he plans to boost efficiency at the world's largest paint company before stepping down in April. Recent months have been "challenging" and management is ... See all stories on this topic » | ||
| Georgia's unemployment rate rises to 9.8 percent; construction jobs increase The Republic AP ATLANTA — State Labor Commissioner Mark Butler says Georgia's seasonally adjusted unemployment rate rose to 9.9 percent in June, up one-tenth of a percentage point from a revised 9.8 percent in May. The state's jobless rate was 10 percent in June a ... See all stories on this topic » | ||
| Home Resales Dip Again Wall Street Journal By WESLEY LOWERY Existing-home sales in June fell to a seven-month low, and the number of contract cancellations soared, signaling that buyers are rethinking home purchases amid national economic uncertainty. Sales decreased 0.8% from a month earlier ... See all stories on this topic » | ||
| Dutch Randstad offers $771 million to buy out US staffing company SFN Group Washington Post By AP, AMSTERDAM — Randstad Holding NV, the world's second-largest staffing company, says it is offering $14 (€9.34) per share or $771 million in cash, for US staffing company SFN Group, in a deal backed by SFN's management. The offer, conditional to ... See all stories on this topic » | ||
| China June Refined Copper Imports Rise First Month in Three Bloomberg By Bloomberg News - Thu Jul 21 07:33:54 GMT 2011 Refined-copper imports by China rebounded in June for the first time in three months, gaining 20 percent as buyers in the world's biggest user started to replenish stockpiles after the local market ... See all stories on this topic » | ||
| Status of rules required under financial overhaul The Associated Press WASHINGTON (AP) — It's been a year since the government approved the most sweeping overhaul of financial regulatory laws dating back to the Great Depression. The Federal Reserve, the Securities and Exchange Commission and other regulators have been ... See all stories on this topic » | ||
| U.S. Bancorp, PNC Post Higher Net Income as Loan Losses Ease Bloomberg By Lindsey Rupp and Laura Marcinek - Wed Jul 20 14:11:02 GMT 2011 US Bancorp and PNC Financial Services Group Inc. (PNC), ranked among the 10 biggest US commercial banks, reported higher second-quarter profit after setting aside less money to cover bad ... See all stories on this topic » | ||
| Congratulations to myYearbook Business Insider We're really excited for Geoff Cook and the entire myYearbook team on the announcement of their merger agreement with QuePasa. The combined entity will have $33.6 million in trailing 12 month revenues and $5.9 in EBITDA, over 70 million registered ... See all stories on this topic » | ||
| Jury finds US rightfully seized 'double eagle' gold coins Boston Globe AP / July 21, 2011 PHILADELPHIA - The US government rightfully seized 10 never-circulated 1933 gold coins from a Philadelphia woman who said she found them in her late father's bank deposit box, a jury found yesterday. The civil case was over whether ... See all stories on this topic » | ||
| Aussie police shut Greenpeace HQ, seize evidence The Associated Press SYDNEY (AP) — Australian police shut down the Sydney offices of environmental group Greenpeace on Thursday after its activists destroyed a genetically modified wheat crop at an experimental farm run by the government. Police in Canberra, the Australian ... See all stories on this topic » | ||
| Senators Press Dow Jones Panel to Probe UK Hacking Allegations Wall Street Journal By SIOBHAN HUGHES Two Democratic US senators are pressing a Dow Jones & Co. editorial oversight board to investigate whether any Dow Jones executives played a role in or knew about the UK phone-hacking scandal that has rocked corporate parent News Corp ... See all stories on this topic » | ||
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| Abbott net sales up in Q2 Pharmaceutical Business Review Drug and medical device maker Abbott Laboratories has reported net sales of $9.62bn for the second quarter ended 30 June 2011, an increase of 9%, compared to $8.82bn for the same period in 2010. Abbott's net earnings were $1.94bn, compared to $1.29bn ... See all stories on this topic » | ||
| Countrywide To Distribute Settlement To Its Clients New York Times By GRETCHEN MORGENSON More than 450000 borrowers who were charged excessive fees by Countrywide Home Loans when they fell behind on their mortgages will finally begin receiving the $108 million the company agreed to pay in a settlement struck with the ... See all stories on this topic » | ||
| Qualcomm Profit Jumps 35%, But Shares Fall Wall Street Journal By Shara Tibken Of DOW JONES NEWSWIRES NEW YORK -(Dow Jones)- Qualcomm Inc. (QCOM) reported a 35% increase in third-quarter earnings and boosted its guidance for the year as the wireless chip maker benefits from strong global demand for smartphones and ... See all stories on this topic » |
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