Business and Finance NewsSliding dollar helps U.S. stocks
The Nashville News.Net
U.S. stocks nudged higher on Tuesday, with a gain in the Dow Jones of 33 points.
The euro strengthened as a deal with Greece on its bond debt looked increasingly closer.
U.S. investors, as ...
900 more jobs to be cut by Lloyds Banking Group
The Nashville News.Net
London - Part-nationalised Lloyds Banking Group Tuesday announced plans to cut 900 jobs as part of wider plans unveiled last year to cull 15,000 posts across the company.
The banking group, ...
Technical glitch may delay Dreamliner delivery to JAL
The Nashville News.Net
TOKYO - Japan Airlines (JAL) said Tuesday that delivery of first Dreamliner aircraft originally expected by February end would be delayed as Boeing was removing a technical glitch in some of the ...
Glencore to acquire mining giant Xstrata in $90bn deal
The Nashville News.Net
NEW YORK Mining giant Xstrata and Glencore, the world's biggest commodity trader, have announced a $90 billion all-share merger to create the world's fourth largest natural resources company. ...
Video: Troubling news for earnings
The Globe And Mail
Enjoy the convenience of having The Globe and Mail delivered right to your door, your mobile phone and computer. From exclusive content and mobile apps to online tools and loyalty programs, The ...
Wal-Mart debuts ‘Great for You’ seal
Chicago Sun-Times
Wal-Mart Stores Inc. plans to help its customers figure that out by adding a new green icon that reads "Great for You" to packaging of some of its house-brand ...
Supervalu to cut 800 jobs
Star Tribune
Struggling Eden Prairie-based supermarket giant Supervalu said Tuesday that it will cut 800 corporate jobs nationwide, including about 200 in the Twin Cities or about 7 percent of its corporate ...
Documentary highlights innovative housing
Star Tribune
Our friends over at Twin Cities Public Television have produced a new documentary about three innovative housing developments built for those Twin Citians living on limited incomes. "Homes ...
Stratasys reports strong 2011 sales
Star Tribune
Stratasys Inc. finished last year on a high note, reporting Tuesday that fourth quarter revenue jumped nearly 30 percent. The Eden Prairie-based maker of 3D printers said sales during the final ...
ZARA store to open in San Diego
San Diego Union-Tribune
The fast-fashion retail powerhouse ZARA is opening its first San Diego store this fall in Fashion Valley Mall.With European style and accessible prices, ZARA carries clothing for women, men and ...
Calif. 'not there yet' in U.S. mortgage settlement
San Diego Union-Tribune
Kamala D. Harris - AP file photo California has not yet decided if it will take part in a proposed $25 billion mortgage settlement with the country's largest banks over foreclosure and ...
Emporio Armani opens first San Diego store
San Diego Union-Tribune
Like Italian fashion? Legendary designer Giorgio Armani has opened San Diego's first Emporio Armani store, carrying a line that embodies the "modern, casual lifestyle" with high ...
Newsstand magazine sales down 10 percent in US
San Diego Union-Tribune
NEW YORK -; U.S. magazine sales at newsstands and other retailers dropped 10 percent in the second half of 2011, a sign that Americans are still careful about discretionary spending and impulse ...
Small biotech, big pharma: match made in S.D.
San Diego Union-Tribune
bbry@blackbirdv.com . Your place or mine. It wasn't a bar or a club; it was Biocom's second annual Global Life Science Partnering Conference last week at the Lodge at Torrey Pines. It was ...
Coca-Cola quarterly results beat forecasts
RTE
Coca-Cola's fourth-quarter net income dropped 71%, weighed down by restructuring charges and a difficult comparison with last year's fourth quarter, when the beverage maker had a hefty ...
Jared Kushner among bidders for LA Dodgers: report
New York Post
New York real estate mogul Jared Kushner is among the bidders for the Los Angeles Dodgers, according to a new report. Kushner, who also owns the New York Observer, would be Major League ...
Citigroup To Issue Credit Cards In China
NPR
February 7, 2012 China used to require western banks to co-brand with Chinese operators. But now Citi can sell its own plastic, just as credit cards become more popular. Rising incomes are ...
Market Snapshot: U.S. stocks gain on hopes for Greece
MarketWatch
NEW YORK (MarketWatch) -- U.S. stocks erased losses and turned higher Tuesday, with the Dow industrials at a multi-year high, as Greece reportedly neared accord on budget cuts and U.S. job openings ...
Futures Movers: Oil gains 1.6% as Greece nears deal
MarketWatch
SAN FRANCISCO (MarketWatch) -- Crude futures shook off initial weakness to trade 1.6% higher on Tuesday, gaining as Greece reportedly neared a deal that could avoid a messy default and drag the ...
Earnings Watch: Updates, advisories and surprises
MarketWatch
+0.42% reports its fiscal first-quarter earnings following the market's close on Tuesday, investors should focus on fees paid by cable operators to the company's ESPN and other cable ...
Coinstars 4Q earnings soar on strong Redbox
KeralaNext
Technology News: BELLEVUE, With the company's Redbox kiosks for renting DVDs picked up customers who stopped getting their discs through Netflix's rival service, Coinstar's ...
Sensient 4Q earnings up 11%
Journal Sentinel
Sensient Technologies Inc. reported Tuesday a nearly 11% increase in fourth-quarter earnings on flat revenue growth. The Milwaukee-based manufacturer of colors, flavors and fragrances said net ...
US stocks open in the red
IOL
US stocks opened lower Tuesday as traders awaited fresh testimony from Federal Reserve chief Ben Bernanke to Congress on the economy and watched fraught efforts to resolve the Greek debt ...
Coca-Cola Records $8.6 Billion Profits for 2011
Hispanic Business Magazine
A worldwide sales increase of 5 per cent saw US giant Coca-Cola record profits of 8.6 billion dollars for 2011, the company reported Tuesday. However, that meant profits were 27 per cent lower ...
Xstrata's rebels are right
Guardian
Glencore are miserable. As matters stand, Sir John Bond and Mick Davis, chairman and chief executive of Xstrata, have granted Glencore's Ivan Glasenberg greatest wish and extracted too little ...
UBS cuts 2011 bonus pool by 40% as profits plunge
Guardian
the alleged rogue trading incident that had caused 1.4bn of losses .Carsten Kengeter, the head of investment banking, is waiving his potential multimillion-pound bonus for 2011 as it was his arm of ...
Forbes Earnings Preview: PPL
Forbes
fourth quarter earnings announcement slated for Friday, February 10, 2012, expectations have risen for the upcoming results. The consensus analyst estimate has gone from 61 cents per share to the ...
|