An Ale Admired, Now Owned New York Times As European interest in American craft beers begins to mirror the mania for them stateside, the Duvel Moortgat Brewery of Belgium on Thursday announced a deal to buy the Boulevard Brewing Company, a craft brewery in Kansas City, Mo. | |
China GDP hits 7.8% amid credit concerns CNN China's economy powered ahead in the third quarter, taking some pressure off the country's leaders as they seek to execute painful structural reforms. Gross domestic product grew 7.8% over the previous year during the third quarter, the National Bureau of ... | |
Asian shares hit five-month high on US relief, China data Reuters By Dominic Lau. TOKYO | Thu Oct 17, 2013 11:19pm EDT. TOKYO (Reuters) - Asian shares rose to a five-month high on Friday as investors took heart from quickening growth in China a day after the United States sealed an 11th hour deal to break a ... | |
Google Sales Exceed Estimates as New Ads Attract Marketers (2) Businessweek Google Inc. reported sales that topped estimates during the third quarter as advertisers boosted spending on mobile and video promotions. Photographer: David Paul Morris/Bloomberg. Google Inc. (GOOG:US) reported sales that topped estimates during the ... | |
Nestle Posts Nine-Month Sales Growth Below Full-Year Goal (2) Businessweek Nestle SA (NESN), the world's biggest food company, reported nine-month sales that were below its full-year target rate, highlighting the difficult environment faced by the makers of consumer products. Revenue gained 4.4 percent excluding acquisitions, ... | |
Tea party activists call bipartisan deal a capitulation, say they are unbowed Washington Post The bipartisan Senate deal to end the government's fiscal impasse was roundly condemned Wednesday by tea party leaders around the country, who accused Republican lawmakers of capitulating to President Obama and his Democratic allies in Congress. | |
Asian markets hail 11th-hour deal to avert US default Reuters By Ian Chua. SYDNEY | Thu Oct 17, 2013 2:07am EDT. SYDNEY (Reuters) - Share markets from Australia to Japan drove their indexes to levels not seen in weeks after legislators produced a last-minute deal to lift the U.S. government's borrowing limit and ... | |
Shutdown deal averts catastrophe but leaves economy in peril Washington Post The deal reached by Congress on Wednesday to end the government shutdown and raise the debt ceiling averts a financial catastrophe but leaves the weakened U.S. economy facing new threats. The agreement will send about 450,000 federal employees ... | |
Roche's Third-Quarter Sales Rise 2.7% Wall Street Journal ZURICH--Swiss drug maker Roche Holding AG (ROG.VX) said Thursday surging sales of biotech cancer treatments powered a 2.7% rise in third-quarter sales, in a sign the company's recent decision to pump more money into that business will likely pay off. | |
BSkyB Sales Rise as Customers Take on New Products Wall Street Journal LONDON—British Sky Broadcasting Group PLC Thursday posted a rise in revenue boosted by existing subscribers taking on new products, but profit fell. The pay-television giant's revenue in the three months ended Sept. 30 rose to £1.84 billion ($2.94 billion) ... | |
Report: Venture Investments Rose 17 Pct in 3Q ABC News A new report says funding for U.S. startups rose in the third quarter from year-ago levels, as venture capitalists poured money into a growing number of fledging software companies. According to the report released Friday, total investments in startups rose 17 ... | |
Shutdown took $24 billion bite out of economy CNNMoney The United States may have dodged an economic catastrophe by raising the debt ceiling and opening the government, but it didn't emerge from the political debacle unscathed. The 16-day government shutdown took a $24 billion chunk out of the U.S. ... | |
Home flipping gets fierce Chicago Tribune The number of homes flipped in the Chicago area more than doubled during the first nine months of the year, bucking a slowdown that's starting to occur in other markets, new data showed. Local investors attribute the heightened activity to the local housing ... | |
No Deposition of Bernanke in AIG Lawsuit, Court Says New York Times WASHINGTON — The Federal Reserve chairman, Ben S. Bernanke, does not have to testify in the multibillion-dollar lawsuit by the former chief of the American International Group against the United States over the insurer's 2008 bailout, a federal appeals ... | |
Cuban entrepreneurs gird for ban on import sales Fort Mills Times Hundreds of entrepreneurs hawk all manner of goods at this bustling bazaar, from watches, shampoos and facial creams to neon-colored tube tops and the striped FC Barcelona soccer jerseys that are increasingly a fashion must. Three years ago, there was ... | |
Nasdaq, S&P 500 Go Green But IBM Weighs On Blue-Chip Index IBM Investor's Business Daily A weak open, at least for the Dow Jones industrial average Thursday, turned into a mixed performance for stocks. The resilient performance was good to see in light of the S&P 500's follow-through day Wednesday, which confirmed a new uptrend. IBM (IBM) ... | |
Verizon Q3 Beats; Wireless Margins Up On Tight iPhone Supply VZ Investor's Business Daily Verizon Communications (VZ) early Thursday reported Q3 EPS and revenue that topped Wall Street expectations, sending Verizon stock rising. Verizon, which has agreed to buy out Vodafone Group's (VZ) stake in their U.S. wireless joint venture Verizon ... | |
North Dakota lawsuits seek damages for burned, wasted gas Bismarck Tribune Ten class-action lawsuits filed Wednesday seek millions of dollars in damages for what they say are lost royalty payments to mineral owners from natural gas flared by energy companies. The mineral owners allege the companies have been flaring natural ... | |
Chinese Companies Fare Poorly on Transparency, Study Says Wall Street Journal Watchdog Transparency International says it is "concerned" that some of China's highest-profile companies stop short of making public pledges to avoid corrupt business practices. In a study of corporate reporting by 100 multinationals based in 16 of the ... | |
Developments At Apple And Samsung Promise New Brand Ethos For ... Forbes Two very different developments at Apple Apple and Samsung point to possible changes in the design ethos of smartphones and changes in strategy up ahead. As Clare O'Connor pointed out here on Forbes, Apple's hire of Burberry chief Angela Ahrendts ... | |
Relief around world as US lawmakers reach agreement to avoid default, reopen ... Washington Post BEIJING — Political leaders, investors and ordinary people Thursday welcomed the end of a U.S. government shutdown but already were looking ahead to the next round of a budget battle that brought the world's biggest economy close to default and ... | |
Gold Drops as U.S. Debt Deal Avoids Default, Reopens Government Bloomberg Gold declined for the first time in four days after U.S. lawmakers reached an agreement to increase the debt ceiling and avert a government default in the largest economy, damping demand for haven assets. Bullion for immediate delivery lost as much as 0.5 ... | |
Blackstone Says Third-Quarter Profit Rose 3% on Performance Fees Bloomberg Blackstone Group LP (BX), the world's biggest manager of alternative assets such as private equity and real estate, said third-quarter profit rose 3 percent as the carrying value of its holdings gained. Economic net income, a measure of earnings excluding ... | |
Why the chancellor wants China to invest in UK nuclear BBC News Part of what has been holding back the development of new nuclear power plants in the UK is their enormous cost. The government is refusing to finance these hugely pricey projects directly - although it will allow the owners of any new nuclear generators to ... | |
China trade faces challenges in coming months: ministry Reuters BEIJING | Wed Oct 16, 2013 10:43pm EDT. BEIJING (Reuters) - China's trade will face challenges in coming months due to slowing demand from emerging markets, the commerce ministry said on Thursday. Ministry spokesman Shen Danyang told a regular ... | |
BBVA Sells $1.3 Billion China Citic Bank Stake, Boosting Capital Bloomberg Banco Bilbao Vizcaya Argentaria SA (BBVA), Spain's second-biggest bank by market value, sold a stake in China Citic Bank Corp. (998) for 944 million euros ($1.3 billion) as it prepares to meet international capital requirements. BBVA sold a 5.1 percent ... | |
Treasuries Advance as Lawmakers Reach Tentative Fiscal Agreement Bloomberg Rates on Treasury bills tumbled and yields on government notes and bonds fell as lawmakers reached a tentative agreement to raise the nation's borrowing capacity and remove the risk of default. Rates on $120 billion of bills maturing tomorrow, when ... | |
Senators Agree to Preserve Treasury's Emergency Powers Wall Street Journal WASHINGTON—Senate negotiators have agreed not to prevent the Treasury Department from using emergency measures to avoid default in the future, congressional aides said, a big win for the White House that will have implications the next time Congress ... | |
Dollar Hit by Aftermath of Government Shutdown Wall Street Journal Investors in Asia and Europe were relieved Thursday by the breakthrough in Washington that has steered the U.S. away from a potential debt default, but the dollar was hit hard by the aftermath of the now-ended federal government shutdown and the prospect ... | |
HSBC hit with record $2.46-billion court judgment in US class action The Globe and Mail A unit of British bank HSBC Holdings PLC was hit on Thursday with a record $2.46-billion (U.S.) final judgment in a U.S. securities class-action lawsuit against a business formerly known as Household International Inc. The judgment by U.S. Judge Ronald ... | |
Google Earnings Preview: Growth In Ad Revenue And Motorola Mobility In Focus Forbes Google is set to release its Q3 2013 earnings on Thursday, October 17. While the company continues to innovate and introduce new products and services, the revenue growth in its core ads is slowing down. This has forced the company to look at other ... | |
EPS Estimates for Las Vegas Sands (LVS) Improved In Last Month Forbes Leading up to Las Vegas Sands Las Vegas Sands' announcement of its third quarter earnings on Thursday, October 17, 2013, analysts have become more bullish as expectations have improved over the past month from 73 cents per share to the current ... | |
UnitedHealth earnings: A peek at things to come CNBC.com UnitedHealth Group, the nation's largest health insurer, kicks off third-quarter earnings reports for the major carriers. For investors, a big focus this earnings season will be the industry's strategy when it comes to the major government health-care programs, ... | |
Because of federal wrangling, state unemployment report for September is delayed Boston.com Massachusetts has put off issuing the state's unemployment numbers for September—along other key economic data—because of the federal government's partial shutdown, state labor department officials said Wednesday. Officials said the Massachusetts ... | |
The ultimate mortgage checklist: How to get the best possible deal The Globe and Mail The lowest possible rate is how many define a good mortgage. But that's like judging the "best car" by the one with the lowest monthly payment. Anyone who's had to cough up a mortgage penalty or deal with refinance limitations can vouch for one thing: ... | |
Democratic members of Congress urge Obama, DOJ to allow US Airways merger News & Observer A US Airways plane is parked between two American Airlines planes, one bearing the new logo, (far left), and the old logo (far right). American Airlines CEO Tom Horton and US Airways CEO Doug Parker announced the merger of the two airlines during a ... | |
Stock Futures Point Lower; Goldman Sachs, IBM, Ebay Slide Investor's Business Daily Stock futures slumped, shadowing a sharp drop in the dollar early Thursday, after federal lawmakers cobbled together a last-minute agreement to temporarily restart the government and suspend the debt ceiling. Dow futures pointed 62 points lower. S&P 500 ... | |
California poised to adopt first-in-nation energy storage mandate Marin Independent Journal A California law that requires utilities to get 33 percent of their electricity from renewable sources like solar and wind is widely credited with accelerating the state's cleantech economy. Now state regulators are poised to compel utilities to invest in "energy ... | |
N. Ill. planning agency to vote on Illiana tollway Westport-News CHICAGO (AP) — The fate of a proposed $1.3 billion expressway being pushed by the governors of Illinois and Indiana could be determined Thursday by a planning agency that has criticized the project as an expensive boondoggle. The Chicago ... | |
Earnings Preview: Goldman Sachs Q3 2013 – The Goldman Sachs Group Inc ... Jutia Group [at Seeking Alpha] – By Brendan Gilmartin Goldman Sachs ( GS ) is scheduled to report 3Q2013 earnings before the opening bell on Thursday, October 17. The firm indicated it would provide a press release at 7:30 a.m. EST and … Read more on this. | |
Delta alleges fraudulent scheme to sell travel club memberships Atlanta Business Chronicle Delta Air Lines Inc. says a ring of criminals is using its name to sell bogus travel club memberships. In a lawsuit filed Oct. 11 in federal court in Atlanta, Delta says those involved in the scheme have mailed out "massive" numbers of letters and postcards falsely ... | |
State unemployment data to be delayed Rapid City Journal The end of the government shutdown won't come soon enough to keep keep the reporting of unemployment figures on schedule. The Nebraska Department of Labor said Wednesday that because of the shutdown it will not be releasing monthly state and ... | |
Regional Fed surveys give investors early clues Financial Post The Financial Post takes a weekly look at tools and strategies that will help make your investment decisions. This week: regional Fed surveys. Beneath all the anxiety created by the U.S. government shutdown this week, an optimistic regional Federal Reserve ... | |
Stocks Surge On Fiscal Pact Investor's Business Daily 1 The Nasdaq surged 1.2%, while the Dow industrials and S&P 500 each shot up 1.4%. Volume rose on both major exchanges, but not by much. The Nasdaq hit a new 13-year high, while the S&P 500 came within 0.5% of its all-time best. News of a tentative ... | |
No comments:
Post a Comment