Thursday, February 28, 2013
Asian shares capped by China PMI slip, U.S. budget worry
TOKYO (Reuters) - Asian shares were capped on Friday, with sentiment dented by lackluster manufacturing data from China and worries over the economic fallout from Italy's political confusion as
Boeing to cut jobs at second Dreamliner plant: report
SEATTLE (Reuters) - Boeing Co will cut hundreds of jobs at a South Carolina plant that makes 787 Dreamliners over the course of this year, but the move has nothing to do with the recent grounding of
Indexes rise on retail gains, home sale surge
NEW YORK (AP) — More evidence that the housing market is recovering boosted stocks on Wall Street Wednesday. Gains for discount retailers also pushed indexes higher after Dollar Tree posted strong
Stocks up on Wall Street; led by retailers
NEW YORK (AP) — U.S. stocks are rising in midday trading because of strong earnings from discount retailers and more evidence that housing is
Wednesday, February 27, 2013
Clearwire may tap financing from Sprint Nextel: WSJ
(Reuters) - Clearwire Corp plans to tap financing from Sprint Nextel , in a move that further complicates Dish Network's effort to buy Clearwire, the Wall Street Journal reported, citing people
For Great Advice On How To Invest, Try These Helpful Tips!
Are you looking for strong returns on your stock investments? Do those returns never seem to be realized? It is a draw for many investors, however very few people have the proper information to be
Tuesday, February 26, 2013
Goldman ex-director Gupta must repay bank $6.22 million
(Reuters) - A federal judge on Monday ordered former Goldman Sachs Group Inc director Rajat Gupta to reimburse $6.22 million to help the Wall Street bank cover its legal expenses related to his
Lowe's 4Q net income tops expectations
Home improvement retailer Lowe's Cos. credits cleanup efforts after Superstorm Sandy and its new pricing strategy for fourth-quarter earnings that surpassed Wall Street expectations.The results
Monday, February 25, 2013
Ratnakar Bank finds profits where others fear to tread
MUMBAI (Reuters) - Starting three years ago with a business remodelling plan, Ratnakar Bank has ventured where few deposit-taking lenders have gone before. The private equity backed company, whose
Barnes & Noble chairman may bid for company's bookstores - WSJ
NEW YORK (Reuters) - Barnes & Noble Inc Chairman Leonard Riggio is considering a bid for the company's bookstore business, the Wall Street Journal reported on Sunday, citing people familiar
Saturday, February 23, 2013
U.S. Justice, Gulf states crafting BP spill settlement
(Reuters) - The U.S. government and Gulf Coast states are considering offering BP Plc a deal under which it pays $16 billion to settle civil suits stemming from the deadly 2010 Deepwater Horizon
Friday, February 22, 2013
Whistleblower files federal lawsuit against Morgan Stanley, FINRA
NEW YORK (Reuters) - A former Morgan Stanley broker who tried to blow the whistle on what he called unethical sales practices, and was later ordered to pay $1.2 million following his departure, is
Wall St rises on HP but S&P on track to end week lower
NEW YORK (Reuters) - U.S. stocks rebounded on Friday as Hewlett-Packard, the largest personal computer maker, surged on strong results, but the S&P 500 index was on the way to end a streak of
Thursday, February 21, 2013
Advent hires Goldman to sell appliance insurer D&G -report
Feb 21 (Reuters) - Private equity firm Advent Internationalhas hired Goldman Sachs to help it sell British applianceinsurer Domestic & General, in a deal that could fetch about 1billion pounds, Sky
Wall Street drops on growth concerns, fear index jumps
NEW YORK (Reuters) - U.S. stocks fell for a second day on Thursday and gauge of investor concern hit its highest in two months after reports cast doubt over the health of the U.S. and euro-zone
Wednesday, February 20, 2013
Einhorn says S&P lawsuit pressures rating agencies
NEW YORK (Reuters) - David Einhorn, hedge fund manager and chairman of reinsurer Greenlight Capital Re Ltd, said Wednesday that the U.S. government's lawsuit against Standard & Poor's
S&P warns risk of Cyprus default "material and rising"
LONDON (Reuters) - Cyprus faces a "material and rising risk" of defaulting on its sovereign debt, especially if the euro zone and International Monetary Fund do not come up with aid, rating
Tuesday, February 19, 2013
BofA's Moynihan gets 73 percent pay increase in 2012
(Reuters) - Bank of America Corp's CEO Brian Moynihan was awarded a 73 percent pay increase in 2012, when the institution resolved crisis-era lawsuits and its stock was one of the sector's
Dell earnings fall 31 percent in 4Q
ROUND ROCK, Texas (AP) — Dell Inc. on Tuesday posted another quarter of declining sales and profits, deepening a downturn that disenchanted shareholders and culminated in the slumping personal
Monday, February 18, 2013
Asia stocks flat as US return from holiday awaited
BANGKOK (AP) — Asian stock markets displayed little momentum Tuesday in the absence of cues from Wall Street following a holiday in the
Wall Street ends slightly down, S&P positive for seventh week
NEW YORK (Reuters) - The S&P 500 dipped in a late decline on Friday as Wal-Mart dropped following a report of a weak start to February sales, though the index just barely extended its streak of
Yen resumes fall after G20, earnings worries hit stocks
LONDON (Reuters) - The yen resumed falling on Monday after Japan signalled it would push ahead with expansionist monetary policies having escaped criticism from the world's 20 biggest economies
DLF gains on hopes of earnings recovery, lower debt
Reuters Market Eye - Shares in DLF Ltd gain 5.2 percent, recovering from four sessions of falls. Rebound in shares comes after DLF vice chairman Rajiv Singh indicates earnings would improve and says
Saturday, February 16, 2013
Exclusive: News Corp, popular tech blog contemplate split - sources
(Reuters) - AllThingsD, the widely read technology blog run by Kara Swisher and Walt Mossberg, has begun discussions with owner News Corp about extending or ending their partnership, sources familiar
Friday, February 15, 2013
Stocks little changed on Wall Street
NEW YORK (AP) — Stocks were little changed on Wall Street Friday, with the S&P 500 barely holding on to its seventh week of
Stocks waver as investors watch G20 talks
NEW YORK (AP) — Stock indexes are little changed in midday trading on Wall Street as investors keep a close eye on a meeting of global finance ministers in
Thursday, February 14, 2013
CBS profit rises but misses Wall Street forecasts
(Reuters) - CBS Corp reported a 6 percent gain in fourth-quarter profit on Thursday, boosted by political advertising on its TV networks and higher revenue from cable channel fees. But the company's
Wall Street waits to see if investors still love SAC Capital
NEW YORK (Reuters) - Outside investors in Steven A. Cohen's SAC Capital Advisors have until the end of the day to decide if they still love the embattled billionaire hedge fund manager. Cohen
Wednesday, February 13, 2013
Key insider trading cooperator sentenced in NY
NEW YORK (AP) — A federal judge on Wednesday ditched his plans to send a cooperator in a historic insider trading case to prison, instead directing that he speak to college students about the
Cisco results beat Street; CEO sees improvement in Europe
(Reuters) - Cisco , the network equipment maker, reported quarterly results that topped Wall Street views on Wednesday, and its chief executive said there were signs of improvements in its business
Analysis: As U.S. gasoline prices soar, hedge fund oil bets near record
NEW YORK (Reuters) - U.S. motorists searching for someone to blame for the highest gasoline prices ever at this time of year have an easy target: hedge funds who have been quietly amassing winning
Tuesday, February 12, 2013
Your Stock Portfolio: What You Need To Know
Taking the time to do research and become knowledgeable about the market is the key factor in guaranteeing good investments and profits. There are some potential minefields, however, and you should
Monday, February 11, 2013
Management lessons from Kumbh
There are management lessons for leaders in large gatherings and events. Look at an event like the Kumbh Mela in India and explore what makes it a success. This largest gathering on earth has naked
Wall Street Week Ahead: Strong start to 2013 could be tested
NEW YORK (Reuters) - The U.S. stock market is no stranger to strong performances in January, only to see the lofty gains early in the year transition into months of grinding action that goes nowhere.
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