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| Capital One 'Broadsided' Investors With Cost Surge, Profit Miss BusinessWeek By Dakin Campbell Jan. 20 (Bloomberg) -- Capital One Financial Corp., the credit-card issuer seeking approval to purchase ING Groep NV's US online bank, was pressed by analysts on an increase in expenses after fourth-quarter profit missed estimates. ... See all stories on this topic » | ||
| Asian Shares End Higher; Exporters, Financials Lead Gains Wall Street Journal HONG KONG (MarketWatch)--Asian stocks climbed Friday, with financial stocks and exporters again leading the charge as eased worries about the euro-zone debt crisis and a higher finish on Wall Street provided a lift. Hong Kong's Hang Seng Index gained ... See all stories on this topic » | ||
| AmEx Profit Climbs as Card Spending Increases, Defaults Improve BusinessWeek By Dawn Kopecki Jan. 20 (Bloomberg) -- American Express Co., the largest credit-card issuer by purchases, capped a record year for profit and beat analysts' estimates as fourth-quarter net income climbed 12 percent and customer spending surged. ... See all stories on this topic » | ||
| EURO GOVT-Bunds slip on cautious hope over Greek talks Reuters * Bunds extend previous day's fall as Greece races to seal deal * Signs Greece could reach debt swap deal sap support equities * Peripheral euro zone sovereign debt outperform Bunds By Emelia Sithole-Matarise LONDON, Jan 20 (Reuters) - Bund futures ... See all stories on this topic » | ||
| Cathay Agrees to Buy 6 Airbus Planes Wall Street Journal By JOANNE CHIU HONG KONG—Cathay Pacific Airways Ltd. said Friday it agreed to buy six Airbus aircraft with a total catalog price of US$1.63 billion as part of its expansion plans, despite a weakening global economy. The Hong Kong-based blue-chip ... See all stories on this topic » | ||
| Big banks boost stocks CNN By Hibah Yousuf @CNNMoneyMarkets January 19, 2012: 4:46 PM ET NEW YORK (CNNMoney) -- US stocks advanced for a third straight session Thursday, rising to fresh six-month highs, thanks to solid gains in financial shares. The Dow Jones industrial average ... See all stories on this topic » | ||
| Biotechnology Funding Hits 4-Year High as Startups Suffer BusinessWeek By Ryan Flinn Jan. 20 (Bloomberg) -- Venture capital investment in biotechnology companies rose 22 percent last year, while the number of life-sciences firms to receive their first funding dropped to a 16-year low. Venture firms spent $4.73 billion on ... See all stories on this topic » | ||
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| GM regains crown as top-selling automaker, Toyota No.3 Reuters By Deepa Seetharaman and Chang-Ran Kim | DETROIT/TOKYO (Reuters) - General Motors Co (GM.N) regained its title as the world's top-selling automaker from Japanese rival Toyota Motor Corp (7203.T) in 2011, but the US company faces a challenge to stay on ... See all stories on this topic » | ||
| Libya Had Undeclared Chemical Weapon Stockpile ABC News The organization that oversees a global ban on chemical weapons says a team of its inspectors has confirmed that former Libyan dictator Moammar Gadhafi had an undeclared stockpile the weapons. The Organization for the Prohibition of Chemical Weapons ... See all stories on this topic » | ||
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| Summary Box: Southwest income, revenue up Houston Chronicle AP, NET INCOME UP: Southwest said net income rose 16 percent as revenue jumped 32 percent, thanks largely to last May's acquisition of AirTran Airways. HELPED BY HEDGING: Net income was helped by $86 million in special items, mostly gains from ... See all stories on this topic » | ||
| China sovereign wealth fund buys Thames Water stake Reuters * CIC buys 8.68 pct stake in Thames Water * Price not disclosed LONDON Jan 20 (Reuters) - China's $410 billion sovereign wealth fund said it had bought a minority stake in Thames Water, the water network that serves London, marking the fund's first ... See all stories on this topic » | ||
| Higher sales, prices lift railroad's profit 24% The Boston Globe Rick Bowmer/AP Union Pacific Corp.'s quarterly profit jumped 24 percent as the freight railroad raised prices and hauled more cargo. Chief executive Jim Young said the economy and the railroad's revenue are on the rise - "continued slow but steady ... See all stories on this topic » | ||
| Bank of America slims down, loses swagger and goes back to basics, and ... Washington Post NEW YORK — Bank of America is back to basics — slimmed down, stripped of its swagger and no longer the biggest bank in the country. And investors, after pummeling the company for two years, finally like what they see. The stock jumped 2.4 percent ... See all stories on this topic » | ||
| Gap gets consultant, Old Navy chief leaves New York Post By JAMES COVERT Floundering apparel giant Gap said it has hired former company exec Tracy Gardner as a temporary consultant to fix its women's clothing line in time for the 2012 Christmas season. Separately yesterday, the retailer said Tom Wyatt ... See all stories on this topic » | ||
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| 2 O.C. firms make 'Best to Work For' list OCRegister By MARY ANN MILBOURN / THE ORANGE COUNTY REGISTER Two companies that have large operations in Orange County made Fortune's 100 best companies to work for list this year. Ultimate Software, a Weston, Fla.-based maker of human resources software with ... See all stories on this topic » | ||
| Longshoreman dies after being crushed at Port of Long Beach Los Angeles Times A longshoreman died Thursday night when he was crushed by a huge storage container at the Port of Long Beach. The accident occurred about 7 pm, and crews from the Long Beach Fire Department responded, according to a report on KTLA-TV Channel 5. ... See all stories on this topic » | ||
| Sears shares jump on report that CIT may resume funding Chicago Tribune CIT Group Inc. could approve financing for Sears vendors as soon as Thursday, Women's Wear Daily said, citing unnamed credit sources. The news comes a week after the business lender, run by Wall Street executive John Thain, halted loans to suppliers of ... See all stories on this topic » | ||
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| TN jobless rate hits 3-year low in December The Tennessean Construction and manufacturing, two sectors that profusely bled jobs during the recession, now are leading the healing of Tennessee's labor market. The state's unemployment rate fell to 8.7 percent in December, the lowest in three years, the Tennessee ... See all stories on this topic » | ||
| IBM Profit Rises on Software, Services Wall Street Journal By SHARA TIBKEN NEW YORK—International Business Machines Corp. on Thursday reported a 4.4% increase in fourth-quarter earnings and provided strong guidance for 2012, helped by its software and services businesses. The Armonk, NY, company has benefited ... See all stories on this topic » | ||
| A Judge Rules Vermont Can't Shut Nuclear Plant New York Times WASHINGTON — A federal judge on Thursday blocked Vermont from forcing the Vermont Yankee nuclear reactor to shut down when its license expires in March, saying that the state is trying to regulate nuclear safety, which only the federal government can ... See all stories on this topic » | ||
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