IBT Staff Reporter

51001-51030 (out of 154954)

Wall St rises on Greece hopes, ECB rate cut

Stocks rose in a volatile session on Thursday on hopes Greece's political and financial situation would become clearer and after a surprise interest rate cut in Europe boosted sentiment.

WebMD shares crash on weak outlook

Shares of WebMD Health Corp crashed to their lowest in more than two years on Thursday, a day after the healthcare information provider lowered its revenue outlook.

WebMD crashes on weak outlook

Shares of WebMD Health Corp crashed to their lowest in more than two years on Thursday, a day after the healthcare information provider lowered its revenue outlook.

Service sector growth slows, factory orders up

U.S. service sector activity growth eased in October to its slowest level in three months, but new orders for good from factories unexpectedly rose, suggesting economic growth remains patchy.

RIM says India head leaves firm

Research In Motion's Indian unit said on Thursday its managing director Frenny Bawa has left the company to pursue other interests and the BlackBerry-maker has appointed an interim head for the country's operations.

P&G raises profit outlook on Teva JV, Pringles sale

Procter & Gamble Co , the world's largest household products maker, raised its full-year profit outlook to include the sale of its Pringles snacks business, a new joint venture with Teva Pharmaceutical Industries and its restructuring plans.

SEC conducting broad review of MF Global

The U.S. Securities and Exchange Commission is conducting a broad review into the collapse of the futures brokerage MF Global Holdings Ltd, SEC Chairman Mary Schapiro said on Thursday.

ECB cuts rates to 1.25 percent in surprise move

The European Central Bank cut its main interest rate by 25 basis points to 1.25 percent on Thursday as the euro zone's worsening debt crisis outweighed the concern over persistently high inflation.

U.S. says China, Russia active in cyber espionage

China and Russia are using cyber espionage to steal U.S. trade and technology secrets to bolster their own economic development and that poses a threat to U.S. prosperity and security, an intelligence report said on Thursday.

Sara Lee cuts 2012 sales view on forex

U.S. food maker Sara Lee Corp reported slightly better-than-expected quarterly earnings, but cut its full-year sales forecast due partly to unfavorable currency exchange rates.

Supermicro, Cray, Appro and Others Meet for AMD HPC Industry Roundtable

Executives from some of the largest players in the supercomputing industry gathered in San Francisco on Wednesday to discuss the future of high performance computing (HPC) at the HPC Industry Roundtable, hosted by AMD and moderated by Carl Claunch, VP & Distinguished Analyst at Gartner.

NASA Readying Giant Antennae to Take Photos of Passing Asteroid

Asteroid 2005 YU55 is scheduled to skirt Earth on Nov. 8, giving astronomers an unparalleled opportunity to make observations about the space rock. Over four hundred yards across, the asteroid is large enough to cause damage on a regional scale if it were to make contact. Luckily, it will just miss Earth, whizzing past at the decidedly cozy distance of 201,700 miles - closer than our own Moon.

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