 U.S. stocks recover in late tradingA surge in bank shares returned the major indices to the black Thursday, after rough sailing earlier in the... | |
 Sri Lanka doing massive deals with ChinaSri Lanka will soon build a second international airport on the south of the island, with much of the money coming from... |
 BA strike to go ahead after talks failureThere has been no agreement reached between British Airways and the Unite... |
 Defects unable to stop Toyota sales in USThe US sales of Toyota vehicles declined nearly 9 percent in... |
 Chrysler takes Volkswagen exec to run FiatThe Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local... |
 Kansas City school district shrunken to reduce deficitIn the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat... |
 Carlos Slim becomes the new Bill GatesMexican telecom giant Carlos Slim has topped Forbes magazine's billionaire's... |
 UK bank has better time in 2009The Northern Rock bank in the UK has announced good progress throughout 2009 as it prepares to be... |
 Orange County residents can now go direct to the islandsThe John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian... |
 Russia goes to Argentina for caviar fixA Russian company has gone to Argentina to increase its supply of... |
| Forbes says Gates no longer the world's richest Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last... |
 Emaar Properties to go ahead with Lombok proposalGulf company, Emaar Properties, has announced it will restart discussions with the Indonesian government on a project that was postponed during the economic... |
| Ulta Salon Expects Earnings And Sales Growth NEW YORK Ulta Salon Cosmetics & Fragrance Inc. on Thursday said it expects its earnings per share to double or nearly double in its fiscal first quarter compared with a year ago. The... |
| Farm Product Make Agrium Says It's Abandoning Its Bid For Rival Fertilizer Maker Cf Industries NEW YORK - Agricultural products company Agrium Inc. said Thursday that it will let its offer to acquire CF Industries Holdings Inc. expire on March 22 and stop pursuing the deal. Agrium, based in... |
| Bipartisan Talks Stall; Dodd Decides To Go-it-alone In Offering A Financial Regulation Bill WASHINGTON AP) — Unable to muster bipartisan agreement on key banking provisions, Senate Banking Committee Chairman Christopher Dodd said Thursday he will offer his own version of a sweeping... |
| Credo Petroleum's '09 Earnings Ride High Credo Petroleum reported financial results for the quarter ended January 31, 2010. For the first quarter, net income was $639,000, or $.06 per diluted share, compared to a net loss of $9,891,000, or... |
| Earnings Roundup: Xoma, Pacific Sunwear Among the earnings stories for Thursday, March 11, from AP Financial News:BERKELEY, Calif. (AP) - Biotechnology company Xoma Ltd. said its fourth-quarter profit fell as its contract revenue... |
| Walt Disney Bets On Southern Audience MUMBAI: The Walt Disney Company in India on Thursday announced its first locally developed studio project aimed specifically at southern audiences. The yet to be named epic fantasy adventure is to be... |
| No New Taxes Or Vat Rise In Budget, Says Treasury Minister Liam Byrne Chief secretary to the Treasury Liam Byrne says chancellor Alistair Darling will not be raising taxes in the budget. Photograph: Lewis Whyld/PA The government will not be raising new taxes,... |
| Citigroup Ceo Says Bank On Path To Profitability Citigroup Inc. is poised to return to "sustained profitability" as it sheds risky assets and focuses on emerging markets, CEO Vikram Pandit said Thursday.Investors embraced his bullish view, sending... |
| Earnings Roundup: Xoma 4q Profit Falls On Weak Contract Revenue, Pacific Sunwear Loss Widens (AP) - Among the earnings stories for Thursday, March 11, from AP Financial News: BERKELEY, Calif. (AP) — Biotechnology company Xoma Ltd. said its fourth-quarter profit fell as its contract... |
| Chevron May Proceed With Arbitration Over Ecuador March 11 (Bloomberg) -- Chevron Corp., the second-largest U.S. oil company, may proceed with an arbitration stemming from a court fight over an environmental cleanup in Ecuador that might cost as... |
| Solar Power Inc. Delays Earnings Report Solar Power Inc. has rescheduled the release of its fourth quarter and fiscal year 2009 earnings until the company’s audit is complete, Solar Power announced Thursday. The earnings results... |
| National Beverage Q3 Earnings Pop said on Thursday it had its best third quarter in the company’s history. The Fort Lauderdale-based soft drink company (NASDAQ: FIZZ) said net income for the third quarter was $5.5 million, up... |
| Coca-cola Femsa Bottler To Change Bylaws Drinks company Fomento Economico Mexicano SAB said Wednesday its bottler, Coca-Cola FEMSA, plans to change its bylaws so a simple majority of its board can appoint and set compensation of the CEO and... |
| Summary Box: Exxon Mobil Forecast $28b Spending FOLLOW THE MONEY: Exxon Mobil Corp. will increase its capital spending by 3 percent to $28 billion this year despite weak global demand for energy. It forecast capital spending between $25 billion... |
| Regulator Faults Wall Street Banks On Derivatives Washington » Wall Street banks are seeking exemptions to proposed new financial derivatives rules that could shield more than half the trades that should be subject to disclosure, a federal... |
| Government May Tighten Car Safety Standards March 11: The head of the National Highway Traffic Safety Administration testifies before Congress about his agency's investigation into the safety of Toyota vehicles. NBC's Tracie Potts... |
| Sec Head Urges Congress To Act On Derivatives WASHINGTON - The government's top securities regulator is calling anew for Congress to impose new oversight on financial derivatives, warning that allowing risky instruments like credit default swaps... |
| The 25 Richest Counties In The United States Except, perhaps, in Loudoun County, Va., where median household incomes are higher than anywhere else in the country. This affluent suburb of Washington, D.C., where families take home a median... |
| Al Franken Jokes, But Google Fiber Is No Laughing Matter Now U.S. Senator Al Franken has been enlisted to lobby Google in a bid by two midwestern cities to get free upgrades to gigabit internet connections. Comedy from the funniest man in Congress may give... |
| Wall St Claws Out Late Rally On Upbeat Citi US SHARES staged an 11th hour rally to close higher overnight after the head of Citigroup, Vikram Pandit, said he was sure the bank was on track for a sustainable recovery, lifting... |
| Doctor Pepper Upgraded By Ubs DPS ) from neutral to buy, citing the company's strong fundamentals and a share buyback program. The brokerage also raised its price target on Doctor Pepper to $42 from $31. Doctor Pepper has... |
| Pfizer Says Two Breast Cancer Drug Studies Fail SAN FRANCISCO -- Pfizer Inc. said late Thursday two late-stage studies of an approved kidney cancer drug failed to treat breast cancer significantly, and that it will also halt an unpromising... |
| Muni Market Optimism Helps California, Detroit Sell Bonds NEW YORK -(Dow Jones)- In a measure of investors' optimism--or at least their risk tolerance--two financially troubled municipal issuers, California and Detroit, easily completed debt sales... |
| Imf To Send Staff To Honduras For Econ Assessment Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The International Monetary Fund plans to send a staff mission to Honduras next week, the IMF said Thursday. The team will be the first from the IMF to... |
| At&t Ceo Stephenson's Pay Jumped To $29.2 Million In 2009 T ) Chairman and Chief Executive Randall Stephenson's pay package last year nearly doubled to $29.2 million on changes in pension value and incentive-plan compensation. His package in 2008 totaled... |
| Data Snap:new Zealand's Jan Adjusted Retail Sales +0.8% On Month, Consensus +0.5% Of Dow Jones Newswires WELLINGTON -(Dow Jones)- New Zealand retail sales rose in January from December beating the consensus forecast, official data showed Friday, showing consumption is on the rise... |
| A-power Energy Tapped To Develop Wind Turbine Plant APWR ) and two other companies have been tapped to develop a wind turbine production plant in Nevada. The plant, which will supply wind turbines to renewable energy projects throughout the country... |
| Market Snapshot: U.s. Stocks Up For Third Day As Banks Rally U.S. stocks picked up traction late Thursday, for a third straight day of gains, after Citigroup Inc. said the bank is on its way to sustainable profitability and as Democrats gave up on a... |
| Cuomo Appoints Independent Counsel To Investigate Paterson Saying there were “credible issues that need to be resolved,” New York State Attorney General Andrew Cuomo announced Thursday he will appoint an independent counsel to investigate two separate... |
| Movie "avatar" Has Few Fans Among Mining Execs In a case of art imitating life -- with perhaps a little poetic license -- Oscar-winning movie "Avatar" paints big mining companies as the villains of the... |
| Alberta Revamps Oil And Gas Royalty Regime CALGARY -- Alberta, responding to more than two years of harsh criticism, has once again revamped its conventional oil and gas royalty regime, this time returning to rates similar to those announced... |
| Clairvest's N.y. Casino Deal Folds Gamers play the slot machines at the Empire City Casino in Yonkers, New York. The Aqueduct Entertainment Group consortium was denied a licence to operate a similar facility at Queens. N.Y.... |
