IBT Staff Reporter

The voicemail from Felix Investments broker Jared Carmel sounded like a typical cold-call from an aggressive stock salesman.

An expected $3.5 billion record net loss as TV sales slumped is raising a red flag with investors worried that Sharp has fumbled its business strategy. Takashi Okuda's appointment as its new boss suggests it is not about to flinch and abandon making TVs.

An expected $3.5 billion record net loss as TV sales slumped is raising a red flag with investors worried that Sharp has fumbled its business strategy. Takashi Okuda's appointment as its new boss suggests it is not about to flinch and abandon making TVs.

Asian shares eased on Thursday on renewed concerns about Chinese growth, but a brighter global economic outlook underpinned the dollar and kept investor risk appetite intact, reducing the appeal of safe-haven government debts.

China Mobile <0941.HK>, the world's biggest wireless carrier by number of subscribers, met expectations by posting a 4.6 percent rise in fourth-quarter net profit on Thursday as higher mobile data usage offset some of the impact of hefty handset subsidies.

Bank regulators are launching a campaign to sell the markets on the idea that too big to fail is dead.

New real-identity rules to be imposed on China's Weibo are likely to make the country's most popular microblogging platform more alluring to advertisers, as Sina Corp seeks to start generating revenue from its product later this year.

Samsung Electronics Co said on Thursday a Dutch court rejected its 3G patent bid to ban sales of Apple's iPhone and iPad in the Netherlands.

Samsung Electronics Co <005930.KS> said on Thursday a Dutch court rejected its 3G patent bid to ban sales of Apple's iPhone and iPad in the Netherlands.

Samsung Electronics Co said on Thursday a Dutch court rejected its 3G patent bid to ban sales of Apple's iPhone and iPad in the Netherlands.

Concerns raised by Delta Air Lines about the fairness of U.S. Export-Import Bank loans to help Boeing export aircraft are complicating President Barack Obama's push to quickly renew the bank's charter.

Concerns raised by Delta Air Lines about the fairness of U.S. Export-Import Bank loans to help Boeing export aircraft are complicating President Barack Obama's push to quickly renew the bank's charter.

U.S. securities regulators brought charges against an online trading platform and two private funds that were offering Facebook shares, the first major actions following a year-long probe into lightly regulated trading in private company shares.

Every time Goldman Sachs Group Inc President Gary Cohn sticks his chin out, he seems to take another hit.

U.S. securities regulators brought charges against an online trading platform and two private funds that were offering Facebook shares, the first major actions following a year-long probe into lightly regulated trading in private company shares.

Bank of America Corp shares on Wednesday hit their highest level in seven months after a Federal Reserve stress test affirmed one of the more troubled U.S. banks had made progress in improving its capital levels.

Citigroup Inc on Wednesday stood by its pledge to reward shareholders, as Wall Street sought to understand why the bank failed to win approval from regulators to increase its dividend or buy back stock.

China Mobile <0941.HK>, the world's biggest carrier by number of subscribers, is set to post its slowest quarterly growth in almost two years on Thursday due to weak user rates, though the pace might pick up later this year if it attracts higher-end users with a network upgrade and lands an iPhone contract.

The U.S. Treasury said on Wednesday that it plans to sell its preferred stock position in six community banks as part of the Obama administration's effort to unwind bailout programs from the financial crisis.

Phupinder Gill - named this week to be CME Group Inc's next CEO - made a caustic comment that nearly wrecked talks in the late 1990s over linking up with cross town rival Chicago Board of Trade.

Owners of the cash-strapped New York Mets baseball team lost a key ruling ahead of a federal trial over whether they should return $303 million because they turned a blind eye to Bernard Madoff's fraud.

Chevron Corp Chief Executive John Watson sees demand for oil being destroyed in the United States as a result of higher gasoline prices and an underperforming U.S. economy.

The S&P 500 broke a five-day streak of gains on Wednesday as investors found little reason to extend a rally that took the benchmark index to four-year highs.

The U.S. economy is recovering pretty well and trying to juice it up by allowing a little extra inflation would be disastrous, Paul Volcker, the former Federal Reserve chairman known for successfully reining in double-digit inflation, said on Wednesday.

Greece's cabinet unanimously approved the terms of its international bailout on Wednesday, hours after euro zone countries formally approved the 130 billion euro ($169 billion) financial package that Athens needs to stay afloat.

New York City will be paid more than $500 million by computer contractor SAIC in a fraud case related to the company's work for the city, officials said on Wednesday.

ST-Ericsson is preparing to unveil a major operations revamp within two weeks, placing the troubled mobile chip venture on track for a takeover by a peer or competitor that would create a formidable rival to Qualcomm Inc.

Import prices rose in February on sharply higher oil costs, but there were few other signs of imported inflation pressure and food prices posted their largest decline in three years.

Stocks mostly edged lower on Tuesday, with the S&P 500 pulling back after nearing 1,400 as investors found little reason to extend the previous day's rally on the Federal Reserve's comments on the economy and the banking sector.