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Gold firms on hopes of Greek deal Reuters By Rujun Shen | SINGAPORE (Reuters) - Gold gained half a percent on Wednesday, on course for its biggest one-day rise in a week, on hopes Greece would deliver on a commitment to implement tough austerity measures and on China's pledge to keep investing ... See all stories on this topic » | ||
Danone trims targets on tough western Europe Reuters * Eyes 5-7 pct rise in 2012 like-for-like sales, stable margin * Consumer spending to stay under pressure in W. Europe * Eyes mid-single-digit rise in 2012 raw material prices * 2011 sales 19.32 bln eur, up 7.8 pct like-for-like * CFO declines to ... See all stories on this topic » | ||
Buoyant banks help European shares revive rally Reuters * FTSEurofirst 300 up 0.6 pct, Euro STOXX 50 up 0.9 pct * BNP Paribas surges after forecast-beating results * Better-than-expected German, France GDP lift sentiment By Blaise Robinson PARIS, Feb 15 (Reuters) - European stocks rose in early trade on ... See all stories on this topic » | ||
Eni Reports Second 'Giant' Natural-Gas Find Off Mozambique's Coast Bloomberg Eni SpA (ENI), Italy's largest oil company, reported a second "giant" natural-gas discovery off Mozambique, near the Mamba South find that it made last year. The new discovery adds 212.5 billion cubic meters of gas in place, bringing total resources in ... See all stories on this topic » | ||
AngloGold Profit Drops, Missing Estimate; Doubles Dividend BusinessWeek By Carli Cooke Feb. 15 (Bloomberg) -- AngloGold Ashanti Ltd., the third- largest producer of the metal, more than doubled its fourth- quarter dividend even as profit missed estimates. Shareholders will receive 2 rand ($0.26) a share for the quarter, ... See all stories on this topic » | ||
Eton Park, Arrowstreet Buy Bank of America Ahead of Share Rally BusinessWeek By Dakin Campbell Feb. 15 (Bloomberg) -- Eton Park Capital Management LP and Arrowstreet Capital LP bought Bank of America Corp. shares in the fourth quarter ahead of a rally that sent the stock up 44 percent. Eton Park, the hedge fund run by Eric ... See all stories on this topic » | ||
Peugeot Plans Asset Sales as Profit Drops Wall Street Journal By DAVID PEARSON PARIS—PSA Peugeot Citroën said Wednesday it will increase cost-saving efforts and sell assets amid difficult market conditions this year as the French maker of cars and light trucks reported a sharp drop in earnings. See all stories on this topic » | ||
Airbus CEO orders probe on A380 cracks Reuters By Harry Suhartono and Tim Hepher | SINGAPORE (Reuters) - The head of Airbus said he ordered an internal investigation into how the company allowed wing cracks to develop on its flagship A380 passenger jet, acting to draw a line under weeks of ... See all stories on this topic » | ||
World stocks rise as yen strength shows signs of abating, hopes rise for ... Washington Post BANGKOK — World stock markets rose Wednesday after Greece indicated a willingness to commit to spending cuts to secure its bailout and moves by Japan's central bank to support the economy lifted its powerhouse export sector. Benchmark oil rose above ... See all stories on this topic » | ||
Heineken Profit Beats Estimates; Sets New Cost-Saving Goal BusinessWeek By Clementine Fletcher Feb. 15 (Bloomberg) -- Heineken NV, the world's third- biggest brewer, reported growth in annual profit that beat estimates and unveiled a new cost-saving goal amid increased expenses for making beers including Desperados and ... See all stories on this topic » | ||
JPMorgan, HSBC Implicated by Informant Bank in Canada Libor Case BusinessWeek By Andrew Mayeda and Joshua Gallu Feb. 15 (Bloomberg) -- JPMorgan Chase & Co., Deutsche Bank AG and HSBC Holdings Plc are among at least seven firms accused by another bank of participating in a conspiracy to manipulate the price of derivatives ... See all stories on this topic » | ||
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Company spokesman: Valentine's Day gift likely cause of power outage in ... Washington Post HUNTINGTON BEACH, Calif. — A Valentine's Day gift is being blamed for a power outage in Southern California. Southern California Edison spokesman David Song says a helium-filled balloon scored a direct hit on the company's Fontana substation Tuesday ... See all stories on this topic » | ||
Samsung Elec rally lifts Seoul shares to 6-mth high Reuters * Large caps help KOSPI break above 2020 points * Samsung Elec up 5 pct to record close on LCD spinoff * Hynix up over 5 pct on DRAM price rebound, Elpida woes * Foreign investors net buyers for 8th session By Joonhee Yu SEOUL, Feb 15 (Reuters) - Seoul ... See all stories on this topic » | ||
How does Michigan's Palisades nuclear plant rate? Among nation's four worst Detroit Free Press The Nuclear Regulatory Commission said problems at the Palisades plant do not pose an immediate safety threat, but show that the facility has underlying issues that need to be corrected. / STAN GREGG/ASSOCIATED PRESS By Tina Lam The Palisades nuclear ... See all stories on this topic » | ||
JAL ups 787 order, to rely heavily on fuel-saving jet Reuters * JAL boosts 787 orders to 45 aircraft from 35 * JAL to spend 478 bln yen on new aircraft over five years * JAL expects to get one 787 by end-March instead of four By Tim Kelly TOKYO, Feb 15 (Reuters) - Japan Airlines, said on Wednesday it will order ... See all stories on this topic » | ||
Confident Hospira sees stock soar despite 4th-quarter loss Chicago Tribune Hospira Inc.shares surged as much as 10 percent Tuesday as investors gained confidence that the Lake Forest-based maker of generic injectable drugs and intravenous pumps may slowly be turning the corner on manufacturing deficiencies at one of its ... See all stories on this topic » | ||
Stocks stage late rally and finish flat Boston.com The stock market rallied in the last half-hour Tuesday, seizing on reports that suggested the unraveling Greek debt talks might be saved after all. Stocks finished flat after languishing in the red for most of the day. The Dow Jones industrial average ... See all stories on this topic » | ||
Alibaba to Reach out to Yahoo CEO on Stalled Deal ABC News Alibaba Group and Japan's Softbank will go directly to Yahoo's chief executive, bypassing negotiators from the US Internet company, after talks over the sale of Yahoo's Asian holdings broke down, a person familiar with the negotiations said Wednesday. See all stories on this topic » | ||
Eurozone set for Q4 economic contraction Boston.com February 14, 2012|Pan Pylas, AP A run of downbeat economic news Tuesday reinforced expectations that the 17-nation eurozone's economy shrank during the last three months of 2011 as the government debt crisis dragged on even the biggest and richest ... See all stories on this topic » | ||
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S&P improves California bond outlook to positive Boston.com February 14, 2012|AP Standard & Poor's on Tuesday improved California's bond outlook from stable to positive, a sign the state might be poised for a credit-rating upgrade if the Legislature continues to make spending cuts and tax revenue meets ... See all stories on this topic » | ||
Goodyear Warns Growth Will Slow Wall Street Journal By JEFF BENNETT And SAMUEL RUBENFELD Goodyear Tire & Rubber Co. earned $25 million in the fourth quarter and returned an annual profit for the first time in three years but earnings were below Wall Street forecasts and the company cautioned tire sales ... See all stories on this topic » | ||
Berkshire Takes Liberty Media, DaVita Stakes as Weschler Joins BusinessWeek By Noah Buhayar Feb. 15 (Bloomberg) -- Berkshire Hathaway Inc. took stakes in Liberty Media Corp. and dialysis-facility owner DaVita Inc. after billionaire Warren Buffett hired Ted Weschler to help manage investments. Weschler oversaw investments in ... See all stories on this topic » | ||
Michael Kors Holdings (KORS) Has Surged To A New High After Q3 Report NASDAQ (RTTNews.com) - Michael Kors Holdings (KORS) reported third quarter adjusted EPS of $0.28 Tuesday morning, up from $0.16 in the prior year period. The consensus estimate was for EPS of $0.09. The company expects to report fourth quarter EPS of $0.10 to ... See all stories on this topic » | ||
Zynga posts 4Q net loss on IPO-related stock costs Boston.com Online game maker Zynga Inc. reported a net loss for the last three months of 2011, weighed down by hefty stock-compensation expenses and other costs in its first quarter as a public company. Its adjusted earnings and revenue inched past Wall Street's ... See all stories on this topic » | ||
Parent of United Solar Ovonic files for bankruptcy Battle Creek Enquirer File photo of the Uni-Solar complex in Ft. Custer Industrial Park. / John Grap/The Enquirer File photo from a November 2011 tour of the Uni-Solar building in Ft. Custer Industrial Park. / John Grap/The Enquirer While a buyer is sought for a huge unused ... See all stories on this topic » | ||
Sony's New Gadget: Electric Sockets Wall Street Journal (blog) By Juro Osawa Over the past several decades, the evolution of home appliances and personal gadgets has transformed households and the way people live. Sony Corp., despite its recent slump, has surely contributed to that transformation with its ... See all stories on this topic » | ||
Summary Box: Businesses increased stockpiles 0.4 percent, a sign expect higher ... Washington Post BUSINESS INVENTORIES RISE: Companies rebuilt their stockpiles at a faster pace in December, a sign that they expected consumers to spend more. Business inventories grew 0.4 percent, the Commerce Department said Tuesday SUPPORTS ECONOMIC GROWTH: ... See all stories on this topic » | ||
NYC's transit chief opposes subway food ban Wall Street Journal AP NEW YORK — New York City's new transit chief says he opposes a bill that would ban food on the subways despite a rat infestation in the system. MTA Chairman Joseph Lhota told The New York Times (http://nyti.ms/xYOx2w ) that he's watched too many ... See all stories on this topic » |
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