Gannett Falls 9 Pct in Q1 on Ad Slump
Gannett Co Inc., the largest U.S. newspaper publisher said Monday that its quarterly profit fell 9 percent on weaker advertising sales.
Microsoft and Novell target Chinese Market
Microsoft and Novell revealed their plans capture the Chinese market by taking their patent-protected and open-source programs business to the region.
Bank of America Profit Falls 77 Pct
Bank of America Corp., the second largest U.S. bank, reported a steep 77 percent drop in profits on Monday, missing Wall Street expectations and sending shares plummeting.
U.S. Stocks Lower on Earnings Concern
U.S. stocks declined for the first time in five days on Monday after Bank of America Corp. and National City Corp. reported earnings that fell short of expectations and added to concern that banks are being hard hit by the subprime mortgage crisis.
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Dollar improves despite bearish economic data
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Impact Silver Looks to Build on Success
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S&P to Lower Harley-Davidson Rating
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Why Gold Futures trading is not exciting in China
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CES 2021 Highlight: Robot Vacuum And Mop From Roborock Unveiled, 50Hz Scrubber For Tough Stains
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CES 2021 Highlight: HONOR Band 6 Global Version Launch, The Most Functional Affordable Fitness Tracker to Date
More news
Oil floats on infinity and beyond
By Edward Tapamor
A number of factors have been underpinning the new highs set by the crude oil market this week. The most obvious is the perennial tightness in the market that will simply n...
Citigroup Takes $5.1 Billion Loss, Cuts 9,000 Jobs
Citigroup Inc, the largest U.S. bank by assets, announced a $5.1 billion first quarter loss along with more than $12 billion in writedowns linked the struggling mortgage and credit markets.We'...
Google earnings surprise may give Yahoo leverage
An earnings windfall for Google Inc should benefit rival Yahoo Inc in buyout talks with Microsoft Corp, as investors view the results as proof of a robust online advertising market.Yahoo is enterin...
Weak dollar helps some U.S. companies, hurts non-U.S.
The weak U.S. dollar may help American multinational companies meet profit expectations in the quarters ahead, but the first sign of a reversal could eat away profits at a time when every cent counts...
Brokers feel a pulse in U.S. home market
While the data says no end in sight for the U.S. housing crisis, real estate agents are beginning to see signs of life among people looking for homes to buy around the United States.It's too...
Soybeans Rally as Increase of Oil Prices Boost Demand for Biofuels
Soybeans continued rallying for a fourth straight weekly gain amid speculations that a strengthening economy may boost demand for fuel and food.Crude increased to $116.97 a barrel on signs of econo...
DirecTV Wins Patent Case with Finisar, Saves more than $117.3 million
DirecTV Group Inc. won a trial following a $78.9 million patent verdict in favor of Finisar Corp. over the information transmission technology.The U.S. Court of Appeals for the Federal Circuit said...
Dollar Gains Sharply after Citigroup Results Relief
The dollar gained sharply against the euro on Friday after Citigroup reported results which bolstered speculation that financial markets are at or near the bottom of the credit crisis.The dollar ro...
Nintendo Leading Rivals as Video Game Sales Jump 57 Percent
U.S. retail sales of video games soared by 57 percent to $1.7 billion in March led by Nintendo's games and systems.Video game hardware and software sales, in March, were $1.7 billion with Nint...
PRECIOUS METALS: Gold plunges lower, other metals mixed
Gold futures took a sharp plunge on Friday as the precious metal was pressured down by a rising U.S. dollar which lowered investors' demand.Gold for June delivery dropped $27.70 to end at $915...
AT&T Cuts 4,650 Jobs in Efficiency Move
AT&T Inc, the largest U.S. telecommunications provider, said it would cut about 1.5 percent, or about 4,650 of its workforce incurring a pre-tax charge of $378 million.The company says it is th...
Caterpillar Results Send Stock Up 8 Pct
Caterpillar Inc., the world's largest maker of bulldozers, said first-quarter profit rose 13 percent, beating estimates and citied stronger sales in Asia and in North America. Shares jumped as m...
Japan Stocks Continue Rise on Weaker Yen
Japan stocks continued to rise for fourth-straight-day Friday due to weaker yen against dollar. Investors eased fears over the U.S. economic situation but are still waiting for a number of companies ...
Crude Oil Hits New Record Above $116 a barrel
U.S. crude oil prices jumped today above the record high of $115.54 posted on Thursday, as a sabotage in a pipeline in Nigeria rose concerns that demand may increase.For the first time, oil futures...
Citi Stock Jumps as Results Beat Worst Expectations
Citigroup Inc, the biggest U.S. bank by assets, avoided more severe expectations for losses on Thursday after reporting a $5.1 billion loss in its first quarter, sparking a relived rally among invest...
Wall Street Rallies on Earnings: Citigroup, Google Advance
U.S. stocks rallied on Friday after results at Google Inc. and Caterpillar Inc. were above analyst' expectations and investors were relived Citigroup Inc.'s writedowns were not as bad as ex...
'Gold will undo this week's handsome gains'
By Jon Nadler
Weighed down by a retreat in crude oil and the dollars ascent to 72 on the index, gold prices took a nearly 2% tumble in the early morning prior to the New York opening.Yeste...
Brown aiming for economic stability
Prime Minister Gordon Brown said on Thursday that he and US President George W. Bush would be doing whatever is necessary to ensure that the UK and US economies resume their paths of upward growth....
Prudential sales up 13% on strong Asian performance
Prudential Plc said on Thursday that its total sales went up 13 per cent in the first three months of 2008, compared with the same period last year. The insurers' total sales reached £729 ...
40 years of inflation Vs 80 years of pricing
By Adrian Ash
If WallStreet stock can surge 200 points on falling earnings, an 11% drop in housing starts, and a 16 year record for consumer price inflation just as the Dow Jones Industrial...
Some foreign banks allowed to issue China UnionPay cards
According to the Dow Jones news agency, China UnionPay Co. president Rod Xu said on Thursday that some foreign banks have been granted the right to issue UnionPay cards in China.Xu did not tell whi...
Credit Crisis Backlash as States Probe Auction-Rate Securities
States are investigating how banks and securities firms marketed auction-rate securities to investors as recent failures in the credit markets have prevented many from liquidating the investment inst...
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