HTC sees Q4 revenue and shipments lower qoq
Taiwanese smartphone maker HTC Corp said on Monday it sees slightly lower revenue and shipments in the fourth quarter than in the third, citing uncertainties from new models going to be launched by the company and competitors, as well as global economic invisibility.
Futures drop With Commods After Yen Intervention
Stock index futures fell in lackluster volume on Monday, following four weeks of equities gains, as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.
Japan Inc. struggles with yen rise, Thai floods
Japan's biggest corporations are facing an ever tougher fight to keep up with their nimble Asian rivals as the soaring yen and Thai flooding hit manufacturers already battling consumer gloom in Europe and the United States.
Toshiba ekes out Q2 profit growth, keeps forecast
Toshiba Corp, Japan's biggest chip maker, eked out a rise in quarterly operating profit on cost cuts in its PC and smartphone display businesses, and kept its earnings outlook unchanged above expectations.
Draghi over-interpreted on bond buys, says Trichet
Markets have over-interpreted comments by incoming European Central Bank chief Mario Draghi on the bank's readiness to go on buying the bonds of troubled euro zone states, outgoing ECB President Jean-Claude Trichet said.
Honda Withdraws Annual Guidance on Currency Markets Uncertainty, Thailand Floods
Honda Motor Co. withdrew its annual earnings guidance in an unusual move on Monday due to uncertainty surrounding currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.
Japan intervenes to tame soaring yen ahead of G20
Japan sold the yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy.
UK facing disturbing number of cyber attacks
British government and industry computer systems are facing a disturbing number of cyber attacks, including a recent serious assault on the Foreign Office's network, the head of Britain's communications spy agency said on Monday.
Taiwan's HTC Sees Q4 Revenue and Shipments Lower QOQ
Taiwanese smartphone maker HTC Corp said on Monday it sees slightly lower revenue and shipments in the fourth quarter then in the third.
Taiwan's HTC sees Q4 revenue and shipments lower qoq
Taiwanese smartphone maker HTC Corp said on Monday it sees slightly lower revenue and shipments in the fourth quarter then in the third.
Wall Street Futures Fall, Signal Lower Open for Shares
Stock index futures pointed to a weaker open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down by between 0.6 and 0.9 percent.
Sohu.Com Q3 profit rises
Chinese internet portal Sohu.com Inc's third-quarter profit rose 19 percent, helped mainly by higher revenue from its online advertising and online gaming businesses
Wall Street futures fall; signal lower open for shares
Stock index futures pointed to a weaker open for equities on Wall Street on Monday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down by between 0.6 and 0.9 percent.
Global shares, commodities fall as dollar spikes vs yen
World equities fell on Monday with commodities retreating as the dollar rose to a three-month high against the yen after Japan intervened to weaken its currency, spurring some profit-taking after last week's rally.
Sony starts moves to overhaul struggling TV biz
Consumer electronics giant Sony Corp said on Monday it will split its television business into three divisions to make operations more accountable as part of efforts to turn around the loss-making business.
Barclays profit up, investment bank pain continues
Barclays Plc's underlying quarterly profit rose 5 percent from a year ago as lower charges for bad debt at the British bank offset a third consecutive sharp fall in investment banking revenue.
Honda withdraws annual guidance, Q2 profit tanks
Honda Motor Co <7267.T> withdrew its annual earnings guidance in an unusual move on Monday due to uncertain currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.
Barclays profit up as bad debt costs fall
Barclays reported a 5 percent rise in underlying quarterly profit as lower charges for bad debt at the British bank offset a third consecutive sharp fall in investment banking revenues as the euro zone financial crisis deepened.
Panasonic Cuts Annual Outlook to Worst Loss in Decade
Japanese electronics maker Panasonic Corp slashed its annual outlook to a $5.5 billion net loss on Monday, its worst in a decade, as restructuring costs soared and weak demand in the United States and Europe eroded income.
Panasonic cuts annual outlook to worst loss in a decade
Japanese electronics maker Panasonic Corp slashed its annual outlook to a $5.5 billion net loss on Monday, its worst in a decade, as restructuring costs soared and weak demand in the United States and Europe eroded income.
Credit Suisse Reported Cutting Another 1,000 Jobs
Swiss bank Credit Suisse will announce the loss of another 1,000 jobs when it presents third-quarter results on Tuesday, a Swiss newspaper reported without revealing its sources.
Did Corzine's Risk-Taking Cripple MF Global?
In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.
Panasonic Slashes Annual Outlook to $5.5 Billion Net Loss
Japanese electronics maker Panasonic Corp slashed its annual outlook to a 420 billion yen ($5.5 billion) net loss on Monday, hit by restructuring costs and sluggish economies in the United States and Europe.
Insight: Did Corzine's risk taking cripple MF Global?
In early April, Jon Corzine was in a tough spot. MF Global, the company he had run for the previous year, was about to post a fourth-quarter loss, marking its fourth successive fiscal year of red ink.
Toshiba Ekes out Q2 Profit Growth, Keeps Forecast
Toshiba Corp, Japan's biggest chip maker, eked out a rise in quarterly operating profit on solid demand for its mainstay NAND flash memory chips and kept its earnings outlook unchanged.
Honda Withdraws Annual Guidance; Q2 Profit Tanks
Honda Motor Co withdrew its annual earnings guidance in an unusual move on Monday due to uncertainties including currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.
Toshiba ekes Q2 profit growth, keeps forecast
Toshiba Corp, Japan's biggest chip maker, eked out a rise in quarterly operating profit on solid demand for its mainstay NAND flash memory chips and kept its earnings outlook unchanged.
ECB Doomed to Bigger Crisis Role Despite Itself
Ask senior European Union policymakers in private what can stop the euro zone's festering sovereign debt crisis and the answer is the European Central Bank.
Analysis: ECB doomed to bigger crisis role despite itself
Ask senior European Union policymakers in private what can stop the euro zone's festering sovereign debt crisis and the answer is the European Central Bank.
Dollar spikes vs yen on intervention, Asian shares fall
Asian shares fell and commodities slipped as the dollar spiked to a three-month high against the yen following Japan's intervention, prompting investors to book profits after last week's rally.
