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Sabtu, 20 Oktober 2012

Google Alert - Business

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Murdoch eyes LA Times, Chicago Tribune
Chicago Tribune
LOS ANGELES (Reuters) - News Corp Chairman and CEO Rupert Murdoch is looking to buy the Los Angeles Times, one of the country's largest newspapers, from struggling media conglomerate Tribune Co, a source familiar with his plans told Reuters on ...
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Shares Fall as Earnings Disappoint on Wall St.
New York Times
General Electric and McDonald's disappointed analysts and sounded cautionary notes about future global economic growth. That came on the heels of weak reports on Thursday from the technology giants Google and Microsoft. With the shadow of the 25th ...
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India Suspends Billionaire Mallya's Airline License Amid Strike
Bloomberg
India suspended Kingfisher Airlines Ltd. (KAIR)'s license as the cash-strapped carrier failed to resume flights because of a strike by engineers and pilots demanding seven months of unpaid salaries. The license will remain suspended until further orders, Arun ...
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As stocks soar, more join the $100 Club
The Associated Press
By BERNARD CONDON, AP Business Writer – 1 minute ago. NEW YORK (AP) — High prices help sell watches, sports cars and handbags by suggesting rare quality. Now, they may be helping sell stocks, too. The number of stocks priced at $100 or more is at ...
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Amid Falling Profit, McDonald's to Revisit 'Dollar Menu'
Wall Street Journal
By ANNIE GASPARRO. McDonald's Corp. reported a 3.5% decline in third-quarter earnings as sales slowed more dramatically than expected because of a sluggish economy and a disappointing marketing campaign. McDonald's predicted its sales and ...
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Wall Street Journal
Schlumberger outmuscles rivals in quarterly profit
Houston Chronicle
Diversification, lean operations and global prowess helped Schlumberger do what two key rivals couldn't: turn a higher third-quarter profit. The world's biggest oil field services company reported a 9 percent increase in net income, while Baker Hughes and ...
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Venture capital funding falls sharply in third quarter
Los Angeles Times
Venture capital funding for U.S. companies fell sharply in the third quarter compared with a year earlier, according to statistics compiled by Dow Jones VentureSource. California continued to be the nation's dominant player in financial support for promising ...
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Starbucks opens first outlet in India
MarketWatch
CHICAGO (MarketWatch) -- Starbucks opened its first outlet in India Friday, introducing its line of coffees and other beverages to one of the world's largest and most dynamic consumer markets. The cafe in Mumbai, one of three that will roll out in the Indian ...
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Keystone Pipeline Expected to Restart
New York Times
TransCanada said it planned to resume moving oil through its 2,100-mile Keystone XL pipeline on Saturday. The pipeline was shut down on Wednesday after tests indicated potential problems in a section running from Illinois to Missouri. Heavy rains have ...
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New Obama ad in Ohio hits Romney on auto bailout
The Associated Press
(AP) – 10 hours ago. NEW YORK (AP) — President Barack Obama's campaign has released a new television commercial in Ohio drawing attention to Mitt Romney's opposition to the federal auto bailout. Several auto workers appear in the ad, saying they owe ...
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Looking Back on Black Monday
Fox Business
This transcript is automatically generated. we -- the market selling off today but not thing. What Monday October 19 of 1987. Today marks 25 years. Since the infamous black Monday OK so to put this into perspective you got the Dow crashed nearly 23%.
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Airbnb raising $150 million in funding
San Francisco Chronicle
HOSPITALITY. Airbnb raising $150 million. Airbnb Inc., operator of a website that lets people rent out rooms and residences, is raising about $150 million in new funding that values the company at about $2.5 billion, said people familiar with the matter.
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Why E*TRADE Shares Plunged
DailyFinance
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis. What: Shares of investment brokerage firm E*TRADE Financial (NAS: ETFC) ...
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Sales of existing homes drop in September
MarketWatch
An earlier version of this story included an incorrect figure for year-over-year sales growth. The story has been corrected. WASHINGTON (MarketWatch) — Sales of existing homes fell in September, with declines in all regions but the South, while longer-term ...
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SUPERVALU Shops Itself
DailyFinance
Supermarket chain operator SUPERVALU (NYS: SVU) -- whose stock is down some 73% over the past 12 months -- has apparently found some interested potential buyers. In an update of its "strategic review," the company reported this week that "The ...
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Canada blocks Petronas' $5.2 billion bid for Progress Energy
Reuters
Who are America's "47 percent"? Mitt Romney has taken a lot criticism for his comment on the percentage of Americans who depend on the government. But "the 47%" are mostly American workers. Read more at Counterparties · How Morgan Stanley made ...
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Ingersoll Rand earnings surge in 3Q
Bizjournals.com
Ingersoll Rand reports net earnings of $321.6 million, or $1.03 per dilute share, for the third quarter, up from $86.2 million, or 25 cents per share, in the same period of 2011. The Ireland-based manufacturer (NYSE:IR), which has most of its corporate ...
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US Bank Closures Reach 46 In 2012 As Regulators Close Three Banks
NASDAQ
US Bank Closures Reach 46 In 2012 As Regulators Close Three Banks. (RTTNews.com) - The Federal Deposit Insurance Corp. or FDIC, announced Friday the shuttering of three banks, two in Florida, and one in Missouri, taking the count of total U.S. bank ...
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DC Report: Who Helps Business Owners More?
Fox Business
This transcript is automatically generated. President Obama and Mitt Romney debated who would best help small business owners as president. Obama wants to allow the bush tax cuts to expire for families making more than 250000. Dollars a year.
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Yahoo to shutter South Korea business at the end of the year
CNET
Yahoo has decided to leave the South Korea market as it tries to reestablish itself around the world as a powerful Web company. Yahoo announced its plans yesterday, saying that it will shutter its South Korea operation at the end of the year. The company ...
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Ohio's jobless rate could fuel Obama camp
Lancaster Eagle Gazette
The state released the latest employment report Friday morning, showing the seasonally-adjusted unemployment rate, the traditional measure of the health of the labor market, fell to 7 percent in September from 7.2 percent in August. A look at the underlying ...
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Amtrak train from Joliet hits 111 mph in test of Illinois high-speed rail
Elgin Courier News
Gov. Pat Quinn and U.S. Sen. Dick Durbin are joined by state and local officials in March 2011 as they announce the next phase of high-speed rail construction in Chicago. On Friday, Quinn, Durbin and Transportation Secretary Ray LaHood took part in a test ...
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Ohio economic reports give mixed results
Toledo Blade
After sitting frozen for three months, Ohio's unemployment rate again crept down in September, falling two-tenths of a percentage point to 7 percent, matching the lowest rate in four full years. Even so, data released on Friday by the Ohio Department of Job and ...
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Toledo Blade
Edwards Lifesciences' CEO Discusses Q3 2012 Results - Earnings Call Transcript
Seeking Alpha
Executives. David Erickson – VP, IR. Mike Mussallem – Chairman and CEO. Tom Abate – CFO. Analysts. Raj Denhoy – Jefferies & Co. Glenn Novarro – RBC Capital Markets. David Roman – Goldman Sachs. Larry Biegelsen – Wells Fargo Securities ...
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Chipotle stock drops after 3Q profit, sales miss
Nation's Restaurant News
Chipotle Mexican Grill reported on Thursday a nearly 20-percent increase in profit for the third quarter, despite increasing signs that consumers are cutting back. For the quarter ended Sept. 30, Chipotle reported net income of $72.3 million, or $2.27 per share, ...
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HMX in Ch. 11 encore
New York Post
The company that makes Hickey Freeman suits has filed for bankruptcy — again. Despite a clientele that includes President Obama and rival Mitt Romney, New York-based HMX Group filed for Chapter 11 yesterday, its second trip to bankruptcy court since ...
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General Electric: Transformation Phase From GE Capital To Energy Limits ...
Seeking Alpha
Shares of General Electric Company (GE) fell more than 3.4% in Friday's trading session. The diversified industrial conglomerate reported its third quarter results. General Electric's disappointing third quarter revenues, accompanied with other weaker ...
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Your ETF Might Not Be As Cheap As You Think
Seeking Alpha
The costs of owning a fund are something investors should be keenly aware of when building their portfolios. While many investors have been trained to look at expense ratios, there are other very important cost considerations to keep in mind.
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Suit Exposes Strict Manual for Abercrombie Flight Crew
New York Times
Employees working on the company's Gulfstream jet must greet Mr. Jeffries and his guests wearing the uniform of an Abercrombie polo shirt, jeans, flip flops, boxer briefs and a "spritz" of the company's cologne; provide copies of several magazines (inserts ...
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New York Times
Oakland County loans increase
Detroit Free Press
SMALL BUSINESS. In another sign of an improving economy, the Oakland County Business Finance Corp. saw gains in both the number of loans it made during fiscal year 2012 and their value. The Small Business Administration-certified development ...
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Romney as a Manager: Unhurried and Socratic
New York Times
BOSTON — As governor of Massachusetts, Mitt Romney could not resist burrowing into the bureaucratic weeds: He once took the statewide math and reading test for 10th graders, then startled his education commissioner by calling to say, "I like No. 14" and ...
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New York Times
DC Is Nation's Most Affordable Place to Live*
DCist.com
You know how we're always hearing how expensive is to live in D.C.? (Seriously, we wrote one of those posts just a month ago.) Well, apparently we've been had. Turns out, D.C. isn't that pricey at all. Turns out it's pretty affordable! OK, here's the giant asterisk ...
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DCist.com
Ripe for picking
New York Post
Shares of the lifestyle cable group Scripps Networks Interactive hit an all-time high yesterday spurred by growing investor expectations that it would soon be in play. The Cincinnati-based cable group, home to Food Network, HGTV, the Travel channel and ...
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New York Post
Southwest Airlines headed to Charlotte this spring
WCNC
Credit: AP. A Southwest aircraft approaches Dallas Love Field airport in Dallas, Monday, July 17, 2006. Southwest Airlines Co. on Wednesday said its second-quarter profit more than doubled despite higher fuel costs, driven by higher passenger traffic and ...
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Safer skies presenting surprising challenge
The Tennessean
Thoughts from a victim's father. Scott Maurer, of Moore, S.C., lost his 30-year-old daughter, Lorin, in the nation's last fatal airline crash: Colgan Air's accident Feb. 12, 2009. He said that in the past, families of accident victims and others seeking safety ...
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WRAPUP 3-Firm dollar, weak Europe crimp US industrials' sales
Reuters
GE, Honeywell, Ingersoll, Parker miss sales forecasts. * Limits seen to propping up profit through cost cuts. * Honeywell expects higher 2013 margins. * Honeywell, Ingersoll shares gain; others lower (Adds GE, Honeywell executive comment, updates share ...
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Banks responding too slowly to mortgage demand
NBCNews.com (blog)
Big U.S. banks are hiring mortgage bankers to meet a surge in demand for home loans and refinancings, but they are still struggling to process applications, which could undermine the Federal Reserve's attempts to stimulate the economy. Jonathan Ernst / ...
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A Tell-All on Goldman Has Little Worth Telling
New York Times
When Greg Smith resigned in March as an executive director and vice president of Goldman Sachs with an Op-Ed page article in The New York Times, he leveled some sweeping charges: Goldman's culture was "toxic and destructive"; the firm promoted ...
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New York Times
German Refusal on Bank Aid Mars End of Europe Summit
New York Times
BRUSSELS — Chancellor Angela Merkel of Germany damped expectations on Friday that Irish and Spanish banks hobbled by the financial crisis would receive direct aid from a newly established European bailout fund. If her view prevails, and Germany's ...
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Analysts cut Google price targets but see mobile ad growth
Reuters
(Reuters) - At least seven brokerages cut their price targets on Google Inc's shares after the company missed Wall Street earnings expectations, but analysts said growing mobile advertising revenue points to better times ahead. The earnings report, released ...
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For Volvo's New CEO, It's All About China
Forbes
Sweden's Volvo Cars, purchased by an up-and-coming Chinese manufacturer two years ago, is still struggling to gain momentum in its new home market, prompting the board to replace chief executive Stefan Jacoby with former MAN SE Chief Executive ...
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SJM Obtains Macau Government Land for Casino in Cotai
Bloomberg
SJM Holdings Ltd. (880), the Macau casino operator founded by billionaire Stanley Ho, won a land grant that paves the way for the company to build its first hotel- casino in the Chinese city's Cotai area. SJM, which operates 20 of Macau's 35 casinos, agreed ...
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UPDATE 1-Weak demand for key solar product dents Air Products
Reuters
Fiscal Q4 adj EPS $1.42 vs. Street forecast $1.43. * Revenue up 4 percent to $2.61 bln; beats Street. * Forecasts fiscal Q1 below Street's expectations. * CFO Paul Huck to retire in February. By Ernest Scheyder. Oct 19 (Reuters) - Air Products & Chemicals Inc's ...
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AMD falls on disappointing results, downgrade
MarketWatch
AMD falls on disappointing results, downgrade. SAN FRANCISCO (MarketWatch) — Shares of Advanced Micro Devices Inc. fell more than 6% to $2.44 in early trades on Friday after the chipmaker reported disappointing results for the third quarter and issued ...
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Media Journal: Your Morning Script
Wall Street Journal (blog)
The news that Newsweek is going all-digital won't surprise anyone who caught Barry Diller's veiled warning over the summer or has who has picked up a copy of the now wafer-thin magazine lately. But there is a lesson here for struggling publishers looking to ...
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Johnson Controls to Acquire A123 - Analyst Blog
NASDAQ
Johnson Controls Inc. ( JCI ) has agreed to buy the automotive operations of Waltham, Massachusetts based lithium-ion battery maker A123 Systems Inc. ( AONE ) for $125 million. The Milwaukee, Wisconsin-based batter maker will acquire A123's automotive ...
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Hidden Medicare: Details and 2013 changes that may impact you
Orlando Sentinel
What's new regarding Medicare managed care and drug coverage in 2013? It may look like there isn't much, given that Central and South Florida have about the same number of plans and carriers that they did last year. Premiums or deductibles went up or ...
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Marvell Technology Group Stock Rating Lowered by Craig Hallum (MRVL)
Daily Political
Marvell Technology Group logo Marvell Technology Group (NASDAQ: MRVL) was downgraded by analysts at Craig Hallum from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Friday. Several other analysts have also ...
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