COMPANIES

IBTimes Logo

O'Charley's sees food costs eating into margins, shares down

O'Charley's Inc said it sees increased food and beverage costs -- mainly from higher beef prices -- continuing to weigh on its margins, and the casual dining chain posted a wider-than-expected quarterly loss, sending its shares down to their lowest in more than two years.

L&T Finance shares fall on market debut

IBTimes Logo
Shares in L&T Finance Holdings fell as much as 5.2 percent on their trading debut on Friday, casting a shadow over the prospects of new share sales in a sluggish stock market.
More news
IBTimes Logo

Texas Governor Perry to run for US president

Texas Governor Rick Perry, a staunch conservative with a Washington outsider's resume, will seek the 2012 Republican nomination for U.S. president, his spokesman said on Thursday, adding a top contender to the party's field of hopefuls.
A man dressed as the statue of Liberty at a tax assistance business in northern Virginia

Republican Dave Camp Rules Nothing Out for Debt Panel

A leading Republican lawmaker would not rule out tax increases on Thursday if they fostered economic growth, adding that "everything is on the table" for a U.S. congressional panel charged with forging a deal to cut the deficit.
One kilogram gold bars are seen in this picture illustration

Oil around $100 for 2 years, gold to scale new highs

Oil is likely to remain weak in the short term due to the sluggish global economy, while gold reaches new peaks on its increasing safe haven appeal and an expected further easing of U.S. monetary policy, a London-based fund manager said.
Berkshire Hathaway chairman and CEO Buffett attends the Allen and Company Sun Valley Conference in Sun Valley

Warren Buffett buying in down market

Warren Buffett has been buying amid this week's sharp declines in the market, and has not yet seen anything that suggests another downturn is emerging, the legendary investor told Fortune magazine.
IBTimes Logo

Brinker, Wendy's up after profit reports

Brinker International Inc (EAT.N) reported quarterly profit that was slightly higher than Wall Street expectations, as more patrons visited its Chili's Grill & Bar chain, and its shares jumped nearly 7 percent.
The Wendy's signage is pictured at a Wendy's restaurant in Westminster, Colorado

Wendy's profit matches Street, shares up

Wendy's Co (WEN.N), the third-largest U.S. fast-food hamburger chain, reported quarterly profit from continuing operations that matched Wall Street's view on Thursday, and shares rose nearly 2 percent.
Danielle Tate, co-founder of bridal name change website MissNowMrs.com, is seen at her office in Potomac, Maryland in this undated handout photo.

Name-change hassle turns newlywed into entrepreneur

It took three stressful trips to the motor vehicle department before newlywed Danielle Tate finally succeeded in changing her name. Her frustration unleashed a new business that has saved thousands of brides from the same headache.
IBTimes Logo

Disney magic fades, economy fears wallop shares

Shares of Walt Disney Co (DIS.N) were hammered on Wednesday as Wall Street worried how the company's steady-growth media and resort businesses would fare if consumers get pinched in a weak economy.
IBTimes Logo

Citi, BofA, Goldman lead financial stock swoon

The shares of Bank of America Corp (BAC.N), Citigroup Inc (C.N), Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) skidded on Wednesday, renewing evidence that when the market sneezes financial stocks get pneumonia.
IBTimes Logo

Republican tax hardliners on U.S. debt super panel

Republicans named their six members on Wednesday to a U.S. congressional deficit-reduction super committee, including a favorite of the conservative Tea Party movement and other no-new-taxes hardliners.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.