U.S. stocks fell on Tuesday after a disappointing revenue miss from Alcoa to start off the earnings season and a sell-off in commodities, coupled with Japan's upgrade of the severity of its nuclear crisis.
Nokia unveiled on Tuesday two new smartphone models running on improved Symbian software, a stop-gap measure aimed at stemming customer defections to rivals like Apple.
Wall Street was poised for a lower open on Tuesday in the wake of a disappointing revenue miss from Alcoa and Japan's upgrade of the severity of its nuclear crisis.
Banks need to do more to shift away from a culture of risk and the excessive pay structures that prevailed before the financial crisis, an industry report said.
Requiring systemically important banks to hold extra capital is one of many steps regulators must take to make the global financial system safer, a top Wall Street regulator reiterated on Tuesday.
Stocks index futures fell on Tuesday in the wake of a disappointing revenue miss from Alcoa and Japan's upgrade of the severity of its nuclear crisis.
Stocks index futures fell on Tuesday in the wake of a disappointing revenue miss from Alcoa and Japan's upgrade of the severity of its nuclear crisis.
Nasdaq OMX Group and Deutsche Boerse are wooing major NYSE Euronext shareholders, as both exchanges stand by their bids for the Big Board parent and dig in for a drawn-out battle.
India's top three technology firms are likely to post strong quarterly profit and indicate robust revenue growth for the year ending March 2012 as overseas clients boost technology spending in an improving global economy.
Nasdaq OMX Group and Deutsche Boerse are wooing major NYSE Euronext shareholders, as both exchanges stand by their bids for the Big Board parent and dig in for a drawn-out battle.
Stock index futures pointed to a lower open on Tuesday, with futures for the S&P 500, Dow Jones and Nasdaq down 0.4 to 0.6 percent at 0903 GMT.
The economic damage from Japan's massive earthquake and tsunami last month is likely to be worse than first thought as power shortages curtail factory output and disrupt supply chains, the country's economics minister warned on Tuesday.
Bank of America Corp's internal auditors are reviewing why its chief financial officer and chief accounting officer were not consulted before the bank disclosed to investors that its dividend increase had been rejected by regulators, the Wall Street Journal reported.
Amazon.com Inc is now offering a version of its Kindle device for $25 less, but that electronic book reader will include advertising, the company said on Monday.
Brent and U.S. crude fell more than $1.50 a barrel on Tuesday in on concerns demand may wane on high fuel prices and after Goldman Sachs advised investors to lock-in trading profits before oil and other commodity markets reverse.
Tokyo Electric Power <9501.T> could face 2 trillion yen ($23.6 bln) in special losses in the current business year to March 2012 to compensate communities near its crippled nuclear plant, JP Morgan said in a research report obtained by Reuters.
Toyota Motor Corp <7203.T> on Monday warned that the uncertain supply of parts from Japan could threaten its output of vehicles through July, the latest sign of trouble for the global auto industry stemming from the massive Japanese earthquake a month ago.
Microsoft Corp is making its strongest push yet into the steadily growing business software market in the hope that it can create another multibillion-dollar business.
Raj Rajaratnam demanded discipline at his Galleon hedge fund, fined late-comers to his morning meetings $25 and never asked any company for inside information, one of his former top lieutenants testified.
Alcoa Inc
reported a first-quarter profit that beat estimates as the price of aluminum, its primary product, rose sharply and demand for the metal grew in major end markets.Internet content delivery company Level 3 Communications Inc is to buy smaller rival Global Crossing Ltd for about $1.9 billion in stock to strengthen its fiber-optics networks business and expand into Europe and Latin America.
Facebook is evaluating the Internet market in China, but the social networking giant has not signed a business deal with any companies there, a source familiar with the matter told Reuters.
Raj Rajaratnam demanded discipline at his Galleon hedge fund, challenged his analysts at standing-room only morning meetings, and never asked any company for inside information, one of his former top lieutenants testified.
Toyota Motor Corp <7203.T> might face limited production through July due to Japan's March 11 earthquake and its aftermath, its U.S. sales chief, Bob Carter, said in a note to dealers.
Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund said on Monday.
Endo Pharmaceuticals Holding Inc
moved to reduce its dependence on its branded products that face generic threats by buying urological devices maker American Medical Systems Holdings Inc for $2.6 billion.Stocks mostly fell on Monday as energy shares sold off on lower oil prices and the onset of earnings season was clouded by concern company outlooks may fall short of expectations.
Nasdaq OMX Group was unbowed on Monday after NYSE Euronext's board rejected its takeover offer in favor of a lower bid from Deutsche Boerse, while the German company looked set to stand pat as the battle for the Big Board intensified.
The snow blowers are coming back to Wal-Mart stores in Minnesota.
Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund said on Monday.
