China is on oil and gas shopping spree CNN Deep-pocketed Chinese energy firms have started to flex their muscles. They are snapping up foreign oil and gas companies at an increasing clip. Of the 10 biggest foreign mergers or acquisitions by Chinese companies this year, seven have been in the ... | |
US Gov't Posts Smallest Budget Deficit Since 2008 Fox Business Tax increases, spending cuts and a stronger economy nearly sliced America's budget deficit in half in fiscal 2013, lowering it to the lowest level since 2008, Treasury Department data showed on Wednesday. The federal government took in $75.1 billion more ... | |
US Blasts Germany's Economic Policies Wall Street Journal Employing unusually sharp language, the U.S. on Wednesday openly criticized Germany's economic policies and blamed the euro-zone powerhouse for dragging down its neighbors and the rest of the global economy. In its semiannual currency report, the ... | |
US attorney wants DOJ to take civil action against BofA: filing Reuters NEW YORK | Wed Oct 30, 2013 7:38pm EDT. NEW YORK (Reuters) - Staff of a U.S. Attorney's office recently told Bank of America Corp that they plan to recommend the U.S. Department of Justice file a civil action against the bank related to securitization of ... | |
Brazil's OGX Seeking Bankruptcy Protection ABC News The oil company of Brazil's one-time richest man Eike Batista has filed for bankruptcy protection. A Rio de Janeiro state court confirms the filing was made Wednesday afternoon. If the court accepts the request from OGX Petroleo e Gas Participacoes S.A., it'll ... | |
Twitter Pitches Wall Street as IPO Roadshow Kicks Off Fox Business Twitter's IPO roadshow is underway, with the social media company making their pitch to hundreds of potential investors at a luncheon meeting organized by Goldman Sachs at the Mandarin Oriental hotel in New York Wednesday. CEO Dick Costolo and CFO ... | |
Bharti's Net Profit Misses Expectations Wall Street Journal A Bharti Airtel advertisement board is installed against the backdrop of the company's telecommunications tower in the southern Indian city of Kochi in this November 30, 2012 file photo. Reuters. NEW DELHI—Bharti Airtel Ltd. reported a worse-than-expected ... | |
UPDATE 1-McDonald's and Kraft to test grocery coffee sales in 2014 Reuters Wed Oct 30, 2013 7:30pm EDT. By Phil Wahba and Lisa Baertlein. Oct 30 (Reuters) - McDonald's Corp and Kraft Foods Group Inc plan in 2014 to test sales of McCafe-branded packaged coffees at grocery stores and other retail locations in multiple U.S. ... | |
PwC Plans to Merge with Booz & Co. Accounting Today Booz & Co.'s partners are expected to vote on merging with the Big Four firm in December. Print · Email · Reprints · Tweet. New York (1). By Tamika Cody. PricewaterhouseCoopers and Booz & Co. have signed a conditional agreement to merge, increasing ... | |
Sanofi Sees Full-Year Profit at Low End of Estimates Bloomberg Sanofi said full-year profit will be at the lower end of its forecast and reported earnings that missed analysts' estimates as a glitch at a vaccine plant in Canada caused a product shortage in the U.S.. Earnings per share will probably drop 10 percent this year ... | |
S&P closes at new high ahead of Fed announcement; IBM rallies CNBC.com CNBC's Bob Pisani wraps up the day's trading with a look at how the "Great Rotation" is helping to lift stock indexes to new highs. Stocks finished near session highs Tuesday, with the S&P 500 touching a fresh high and the Dow within 50 points of an all-time ... | |
A global wine shortage could soon be upon us Quartz It isn't only France that's suffering from a growing dearth of wine—it's the entire world, says a report released on Monday (Oct. 28) by Morgan Stanley Research. And the shortage is only getting worse. Last year, global supply for wine already barely exceeded ... | |
Kiwi Gains From Month Low on RBNZ; Aussie Halts Loss Before Data Businessweek New Zealand's currency rose from its lowest level since September after the nation's central bank said it will probably increase benchmark interest rates from a record low next year, boosting demand for its assets. Gains in the currency were limited as Reserve ... | |
Dell's Mitzvah Rescued Buyout as JPMorgan's Lee Warned of Perils Bloomberg When Ken Duberstein's secretary told him Michael Dell was on the phone on the afternoon of July 31, there was little doubt about the topic. That morning, Dell Inc.'s special board committee had rejected the latest offer from Dell to take the personal-computer ... | |
Yelp reports wider loss; shares fall MarketWatch SAN FRANCISCO (MarketWatch) — Yelp Inc. reported a wider third-quarter loss on Tuesday afternoon, though revenue for the period came in higher than Wall Street had anticipated. Yelp's (NYSE:YELP) shares slid nearly 6% in after-hours trades, with much ... | |
Bitcoin goes mainstream with ATM in Vancouver coffee shop Reuters By Julie Gordon. VANCOUVER | Wed Oct 30, 2013 4:42am IST. VANCOUVER (Reuters) - A silver and blue ATM, perched up next to the espresso bar in a trendy Vancouver coffee shop, could launch a new era for the digital currency bitcoin, offering an almost ... | |
Facebook poised to report mobile ad results USA TODAY SAN FRANCISCO -- The world's largest social network is slated Wednesday to report its third-quarter financials, drawing the industry's attention to its mobile advertising results. That's because 41% of its ad revenue came from mobile last quarter, and the ... | |
Treasury 5-Year Yields Fall Toward Four-Month Lows After Auction Bloomberg Treasury (USGG5YR) five-year yields fell to almost the lowest since June after the U.S. sold $35 billion of the securities a day before the Federal Reserve is expected to announce it will continue its bond-buying program. The notes sold at the auction drew a ... | |
PRECIOUS-Gold falls on dollar rise, awaits Fed statement Reuters Wed Oct 30, 2013 12:55am IST. * Dollar index up 0.5 pct after U.S. retail sales data * Physical demand weak, Shanghai gold prices at discount * Coming up: Fed Open Market Committee policy statement Weds By Frank Tang and Clara Denina NEW ... | |
Sprint to Reveal Speedier Technology Wall Street Journal Sprint Corp. is expected to demonstrate the future of its wireless network on Wednesday, offering the first peek at the technology that new owner SoftBank Corp. has touted since agreeing to buy the struggling wireless carrier a year ago. At an event for a small ... | |
Fed Expected to Maintain Pace of Economic Stimulus ABC News Renewed questions about the economy's health and uncertainty surrounding the government's budget fight will likely lead the Federal Reserve on Wednesday to maintain the pace of the stimulus it's supplying to the economy. That expectation marks a ... | |
Earnings Preview: Chrysler could see weak 3Q Businessweek DETROIT (AP) — Delayed shipments of the new Jeep Cherokee will likely trim Chrysler's third-quarter profit, though strong U.S. sales of the Ram pickup and Grand Cherokee SUV will mitigate that. CEO Sergio Marchionne's mission to unite Chrysler and ... | |
Mexico tax reform plan clears hurdle, now needs Senate approval Reuters By Dave Graham and Miguel Gutierrez. MEXICO CITY | Tue Oct 29, 2013 10:06am EDT. MEXICO CITY Oct 29 (Reuters) - Two Mexican Senate committees approved a package of measures on Tuesday aimed at boosting Mexico's weak tax take, sending the ... | |
Dollar Unchanged Vs Yen But Could Rise After FOMC Later In Day Wall Street Journal The dollar was almost unchanged against the yen on Wednesday in Asia ahead of the release of the Federal Open Market Committee's statement, though traders say market sentiment favors the U.S. unit to rise slightly further. It's likely that the FOMC ... | |
Spain picks itself up Financial Times Only 12 months ago, Spain was engulfed in a twin economic and constitutional crisis. Madrid had to go cap in hand to its eurozone partners, seeking help to shore up its ailing banks. Secessionist winds were blowing from Catalonia, threatening the stability of ... | |
Mobile Banking Is The Future of Small Business Finance Fox Business A study conducted this summer by the Pew Research Center found that 51% of U.S. adults, or 61% of Internet users, conduct online banking. Further, 32% of U.S. adults, or 35% of cell phone owners, bank using their mobile phones. Even though the wave of ... | |
GM 3rd quarter earnings expected to match last year's $1.5B The Detroit News General Motors Co. will release third quarter earnings Wednesday and analysts expect the Detroit automaker to post a profit similar to what it earned in the three-month period a year ago. Analysts are predicting GM will earn 93 cents a share in the quarter, ... | |
Social Security set to announce benefit increase Laramie Boomerang Nearly 58 million Social Security recipients are finding out how much their monthly payments will go up next year. The cost-of-living adjustment, or COLA, is based on a government measure of inflation that is being released Wednesday. Preliminary figures ... | |
McDonald's Corp (MCD) Exploits Ronald McDonald House Despite Giving Scant ... International Business Times Ronald McDonald's Corp. uses its charitable organization largely as a means of deflecting criticism, health advocates charge. Reuters. A group of health and consumer advocates want to bring down Ronald McDonald's house of cards. According to a scathing ... | |
Is this another sign Fiat is trying to sabotage Chrysler's farcical IPO? Quartz The looming IPO of America's third biggest automaker could be one of the weirdest stock offerings in recent memory—If it actually happens. Last month, in a rare example of a CEO making negative comments about his own IPO, Fiat boss Sergio Marchionne, ... | |
Comcast Profit Should Jump But Sales Dip Ex-Olympics Investor's Business Daily Comcast's (CMCSA) Q3 earnings are expected to jump 33% but revenue is forecast to fall 2%, with its NBCUniversal business facing a tough comparison with last year's London Olympics. Analysts polled by Thomson Reuters estimate earnings per share of ... | |
After car chase, State Police take 2, wanted in connection with an Irondequoit ... Irondequoit Post Two suspects in a bank robbery in Irondequoit today have been nabbed on the New York State Thruway, according to a notification issued this afternoon by the New York State Police. The two suspects were reportedly apprehended following a pursuit and ... | |
Obamacare: Do Not Pass Go, Do Not Collect Health Insurance? DailyFinance The hits just kept on coming for Obamacare's cloud-based, federally run health exchange this weekend. This time a networking problem at a Verizon subsidiary, Terremark, knocked out a key data services hub offline and severed the connection between ... | |
Ford's Dividend: When Will It Rise Again? DailyFinance Ford stands alone among the Big Three automakers in not having to take a bailout from the federal government in the aftermath of the financial crisis. The success that Ford had in recovering without assistance allowed Ford to become the dividend giant of the ... | |
Virginie Maisonneuve exits Schroders for Pimco FT Adviser Pimco has hired Schroders' head of global equities Virginie Maisonneuve to lead its own global equities team. Ms Maisonneuve runs several global equity funds at Schroders, including the £49.2m Global Alpha Plus fund which ranked in the third quartile of ... | |
Janet Yellen feared housing bust but did not raise public alarm Daily News & Analysis In public remarks across the Western region's nine states, she downplayed risks that were building in the financial sector, reporting positive economic signs even as warning signals began to emerge. Janet Yellen. - AFP. When Janet Yellen became president ... | |
Spotlight on economy: ADP jobs, consumer inflation data on deck MarketWatch (blog) The big story of the day is the Federal Reserve's likely decision to stand pat and maintain its multi-billion-dollar economic-stimulus program. Yet Wall Street will also watch the monthly ADP employment report for signs of how much the government shutdown ... | |
Barclays share price up 1% ahead of Q3 results iNVEZZ iNVEZZ.com, Tuesday, October 29th: The Barclays (LON:BARC) share price has gained one percent in London trading today, ahead of the bank's third quarter report scheduled for release tomorrow. The UK's second-largest bank by assets is projected to ... | |
Teva Pharmaceutical Industries Ltd (ADR) (TEVA): Teva Pharmaceuticals ... Seeking Alpha Shares of Teva Pharmaceuticals (TEVA) saw a modest jump upwards at the end of last week after the pharmaceutical company received some positive comments from analysts at Citigroup. While the expiration of Copaxone will still be painful, Teva has ... | |
Wednesday preview: Federal Reserve to announce policy decision IFA Magazine The US Federal Reserve is expected to keep its monetary policy unchanged when it unveils the outcome of its two-day meeting on Wednesday. The central bank, which began the meeting on Tuesday, is widely tipped to maintain its $85bn in monthly asset ... | |
No comments:
Post a Comment