Dec 20, 2012

Google Alert - Business

News28 new results for Business
 
Wall Street advances on 'fiscal cliff' talks
Reuters
By Gabriel Debenedetti. NEW YORK | Thu Dec 20, 2012 2:36pm EST. NEW YORK (Reuters) - U.S. stocks edged up in a thinly traded session on Thursday after Republican House Speaker John Boehner pledged to keep working on a solution to the "fiscal ...
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ICE Thickens Through Time
Wall Street Journal
NYSE Euronext is in talks to sell itself to rival IntercontinentalExchange Inc. for about $8 billion, in a deal that would end more than two centuries of independence for the NYSE. WSJ's Doug Cameron reports. Photo: REUTERS. In a little more than a decade, ...
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Deutsche Telekom CEO Rene Obermann to Step Down End 2013
Businessweek
Deutsche Telekom AG (DTE) announced the surprise departure of Chief Executive Officer Rene Obermann at the end of 2013, capping a seven-year tenure at the helm of Germany's largest telephone company. Chief Financial Officer Timotheus Hoettges, 50, ...
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Ericsson to Take $1.2 Billion Charge on Write-Down of Cellphone Venture
New York Times
BERLIN — Ericsson, the world's biggest maker of mobile network equipment, said Thursday that it would take a sizable charge against earnings because it was writing down the value of ST-Ericsson, an unprofitable venture that makes cellphone components.
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Oracle to Buy Eloqua in $810 Million Deal
Wall Street Journal
Oracle Corp. agreed to acquire software company Eloqua Inc. for about $810 million, as the company continues to bolster its cloud-based and market-analysis products. Eloqua, founded in 2000, went public in August. The company provides software that ...
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IMF Says Europe Has Made Progress in Addressing Crisis
New York Times
PARIS — The European Union has made progress in addressing its financial crisis, the International Monetary Fund said Thursday, but warned that member states would have to follow through on their commitments to end uncertainty about the future of the ...
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Dominion, Caiman Form $1.5 Billion Utica Shale Joint Venture
Bloomberg
Dominion Resources Inc. (D), owner of Virginia's largest utility, and closely held Caiman Energy II LLC announced a $1.5 billion joint venture to provide pipelines and processing to natural gas producers in the Utica Shale of Ohio and Pennsylvania.
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P.M. Kitco Metals Roundup: Gold Ends Sharply Lower amid Improving U.S. ...
Forbes
(Kitco News) - Comex gold and silver futures prices ended the U.S. day session solidly lower Thursday and hit fresh four-month lows. A batch of fresh U.S. economic data Thursday that was stronger than expected helped to pressure the precious metals.
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Carnival Is Cautious Ahead of Peak Season
Wall Street Journal
Carnival Corp., the world's largest cruise operator, reported weak quarterly results, while taking a cautious stance ahead of "the wave season" when it does much of its business. The Miami-based company, whose brands include Holland America, Cunard and ...
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CarMax profit beats on improved used car supply, more upbeat consumers
Reuters
Thu Dec 20, 2012 11:05am EST. (Reuters) - CarMax Inc (KMX.N), the largest U.S. used-car retailer, reported a stronger-than-expected third-quarter profit as a rise in supply, more attractive financing options and improved customer sentiment helped it sell ...
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Jabil shares up after 1Q results beat Street
Businessweek
Shares of contract electronics manufacturer Jabil Circuit Inc . climbed Thursday after it beat Wall Street expectations for its latest quarter. THE SPARK: On Wednesday, the St. Petersburg, Fla. , company posted fiscal first-quarter earnings of $106 million , or 51 ...
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PG&E Rates to Increase to Pay for Pipeline...
ABC News
California regulators on Thursday unanimously approved a Pacific Gas and Electric Co. rate increase of $299 million to help pay for pipeline inspection and upgrade costs in the wake of the fatal 2010 gas pipeline explosion in a San Francisco Bay area ...
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GDP Grew at 3.1% Rate
Wall Street Journal
Rising caution and falling confidence among U.S. businesses and consumers have the economy on track to limp toward the end of this year and not pick up its pace until well into next. Businesses are slowing their investment amid a pile up of unsold goods ...
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TEXT - Fitch affirms Motorola Solutions
Reuters
Thu Dec 20, 2012 1:51pm EST. Dec 20 - Fitch Ratings has affirmed Motorola Solutions, Inc.'s (Motorola Solutions; NYSE: MSI) 'BBB' long-term Issuer Default Rating (IDR) and 'F2' short-term IDR. Fitch's actions affect $3.4 billion of total debt, including the ...
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UBS Settlement Minimizes Impact of Guilty Plea
New York Times
The Swiss banking giant UBS paid a fairly stiff price to settle the rate-rigging case. In addition to approximately $1.5 billion in penalties and disgorgement, the bank's Japanese securities subsidiary pleaded guilty to a charge of felony wire fraud. As DealBook ...
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New York Times
Treasurers Weigh Moves for End of FDIC Program
Wall Street Journal (blog)
Corporate treasurers say they'll be measured in how they move cash around when the Federal Deposit Insurance Corp's unlimited guarantee on non-interest bearing bank accounts expires on Dec. 31, despite concerns that they'll flood into assets like money ...
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Ackman Outlines Bet Against Herbalife
New York Times
From the perspective of Herbalife's executives, the company is built on a sound model that benefits its participants. From the perspective of the hedge fund manager William A. Ackman, Herbalife is a pyramid scheme — and an attractive short-selling ...
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Movers roundup: Bed Bath & Beyond, Vivus
Businessweek
... — Shares of Bed Bath & Beyond Inc. fell to their lowest point in more than a year as its fiscal fourth-quarter and full-year earnings forecasts missed analysts' expectations. — Shares of Vivus Inc. rose after the drug developer said pharmacy benefits manager ...
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US Sells Five-Year Treasury Inflation-Protected Securities at Record-Low Cost
Wall Street Journal
The U.S. government borrowed money at a record-low cost Thursday, as lenders eagerly accepted a negative payment on five-year notes that protect them from the threat of inflation. The $14 billion offering of five-year Treasury-Inflation Protected Securities, ...
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Discover profit falls short as costs climb
Reuters
By Tanya Agrawal. Thu Dec 20, 2012 1:29pm EST. (Reuters) - Credit card company Discover Financial Services (DFS.N) reported a quarterly profit that fell short of analysts' expectations as it spent more on building its new payment partnerships and other ...
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Brazil Central Bank cuts GDP growth forecast
Telegraph.co.uk
Brazil's Central Bank on Thursday cut its GDP growth forecast for 2012 from 1.6 percent to one percent, confirming a marked slowdown in Latin America's biggest economy. It was the third downward revision by the Bank this year: from 3.5 percent early this ...
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Telegraph.co.uk
UPS Exec Expects Slight Uptick in Shipping in 2013
Fox Business
They're in a few minutes to get the look at the markets but today is also the -- that UPS is set to deliver. 128 million packages busiest day of the year Adam Shapiro. It one of the company's international air hubs which is located in Louisville, Kentucky at a.
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Time to Rediscover the Home Equity Loan
TheStreet.com
NEW YORK (TheStreet) -- With all the focus on record low mortgage rates, another falling rate has received little attention: the enticing rate on home equity loans. These are the best deals they've been in years.
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Philadelphia-Area Manufacturing Unexpectedly Expands
Bloomberg
Manufacturing in the Philadelphia region unexpectedly expanded in December to an eight-month high, reflecting pickups in sales and orders that signal the industry is starting to stabilize. The Federal Reserve Bank of Philadelphia's general economic index ...
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BoJ's bond buying plan lifts yen
Financial Times
The Japanese yen rose against other major currencies after the Bank of Japan expanded its asset purchase programme but made no changes to its inflation target, dashing some investors' hopes the central bank would take a more aggressive stance.
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$1.7B in gift card credit will go unspent this year
New York Daily News
More than four in five Americans will exchange gift cards in 2012. HOLIDAY GIFT GUIDES GALORE! The market for gift cards has grown to $110 billion this year, equal to China's defense budget. According to the latest research by CEB TowerGroup, this ...
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New York Daily News
New jobless claims up 17000 last week, but remain relatively low
Los Angeles Times
WASHINGTON -- More people filed initial jobless claims last week, the first increase in five weeks, as the labor market appeared to have shaken off the effects of Hurricane Sandy. There were 361,000 new claims for unemployment benefits in the week that ...
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GM-Peugeot drop car plan from re-jigged alliance
Reuters
By Laurence Frost and Gilles Guillaume. PARIS | Thu Dec 20, 2012 11:38am EST. PARIS (Reuters) - General Motors (GM.N) and PSA Peugeot Citroen (PEUP.PA), daunted by likely political roadblocks, scrapped plans for a joint mid-size car program within ...
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Blogs12 new results for Business
 
New York Stock Exchange Acquired - Business Insider
By Linette Lopez
It's all an attempt by exchanges to get bigger, more important business in a world of declining trading commissions where big investors (like mutual funds) are turning to private, dark pools to trade. For its part, NYSE-Euronext has seen its share ...
Clusterstock
Gun Safety Is a Business Issue - David Hemenway - Harvard ...
By David Hemenway
American business leaders have already stepped up on some elements of violence-prevention. They just call it "worker safety." Famously, when Paul O'Neill was at ALCOA, he achieved a worker injury rate that was just one-twentieth the rate ...
HBR.org
Grover Norquist's Support For Plan B - Business Insider
By Joe Weisenthal
One of the big events yesterday in the Fiscal Cliff debate was Grover Norquist's announcement that he would not consider it a violation of the Americans for Tax Reform pledge his politicians supported Boehner's Plan B, which would make ...
Money Game
Facebook Is Testing A System That Sells Access ... - Business Insider
By Jay Yarow
The only dubious, conspiratorial business reason we can see for this is that Facebook would presumably get more users to punch in their credit card numbers which could be helpful down the road. But, that's just a dubious conspiracy. It seems ...
Business Insider
Google Apps for Business users get free Quickoffice for iPad | TUAW ...
By Randy Nelson
Google purchased mobile productivity suite maker Quickoffice this past June and now we're seeing one of the fruits of that buyout. Starting.
TUAW - The Unofficial Apple Weblog
Google Apps for Business users receive Quickoffice for iPad as a ...
By Zachary Lutz
If Google recently caught you off-guard with its announcement that Google Apps would move to a $50 per user model, perhaps some free software will help.
Engadget
How Signpost Profits From Daily Deals - Business Insider
By Alyson Shontell
Signpost shows that there's a better business model.
SAI
Who Powers Siri - Business Insider
By Jay Yarow
Siri is theoretically an opportunity for Apple to nuke Google's core business by shifting our tendency to ask Google for answers to questions towards asking Siri for answers. There's one tiny, but fatal flaw — Siri sucks. As much as I've tried to ...
Business Insider
Google Just Got Another $2.35 Billion To Play ... - Business Insider
By Danielle Kucera & Aaron Ricadela
Google never really wanted the set-top box business."
Business Insider
Walmart Selling Out Guns - Business Insider
By Kim Bhasin
Semi-automatic rifles are sold out at many Walmart locations, Matt Townsend at Bloomberg Businessweek reports. "Searches of five kinds of semi-automatic rifles on Wal-Mart's website showed them to be out of stock at stores in five states, ...
Business Insider
Why 'Whatever' Will Sink Your Business
By The Huffington Post News Editors
Remember when parents used to really care about their kids talking back or cursing? Now, we have a single word that sums it all up for an entire generation: "Whatever." (Shoulder shrug optional.) In so many ways and so many circumstances, ...
The Huffington Post | Full News Feed
Google releases free Quickoffice iPad app for business customers ...
By Chris Welch
When Google snatched up Quickoffice in June, it offered few specifics as to what it had planned for the team behind the popular iOS and Android productivity apps. Six months later, Google today...
The Verge - All Posts

Web5 new results for Business
 
Success after tragedy; sisters build new business after fire wipes ...
From the blog My Family Business: Imagine investing ten years to build the most decadent cake business of your dreams, attracting clients including Oprah ...
finance.yahoo.com/.../success-tragedy-sisters-build-business-fi...
The Benefits Of Operating Your Business On The Cloud - Forbes
Now that cloud hosting services make it possible for businesses to operate from anywhere, more are choosing to forgo having a physical office at all.
www.forbes.com/.../the-benefits-of-operating-your-business-o...
Kwame Brown starts a business
A brief follow-up on Wednesday's post sharing former D.C. Council Chairman Kwame R. Brown's holiday greetings. In his note to supporters, Brown mentioned ...
www.washingtonpost.com/.../kwame-brown-starts-a-business/
Who is looking for a great business opportunity? | LinkedIn Answers ...
Best Answers in: Using LinkedIn (429), Business Development (20), Customer Service (19), Education and Schools (17), Staffing and Recruiting (15), Web ...
www.linkedin.com/answers/startups.../1079250-87411852?...
WM Morrison Supermarkets Buys Back 750,000 Shares | Fox Business
WM Morrison Supermarkets PLC (MRW.LN) Thursday said it purchased 750000 ordinary shares, for cancellation, at an average price of 264.56 pence per share ...
www.foxbusiness.com/.../wm-morrison-supermarkets-buys-ba...


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