IBT Staff Reporter

71551-71580 (out of 154953)

Glencore nears final straight in IPO, eyes 530 pence

Trader Glencore is set to price its record $11 billion market debut in the middle of its initial range, balancing appetite for its shares with concerns from some investors over valuation, sources familiar with the matter said.

Canon sees sales boost from supply chain

Japanese camera and copier maker Canon Inc <7751.T> expects its quake-hit supply chain to recover more quickly than originally estimated, giving a roughly 50 billion yen ($600 million) boost to its annual sales, the company's chief executive said.

Shares to open flat to slightly higher; Fed eyed

Wall Street was set to open flat to slightly higher on Wednesday as caution before a Federal Reserve announcement was balanced against gains by computer maker Dell and a rebound in commodity prices.

A’s grab share of division lead, trounce Angels 14-0

The Oakland Athletics grabbed a share of first place in the division, trouncing the Los Angeles Angels 14-0, on a perfect all around game for the A’s. The A’s are now tied with the Texas Rangers for the best record in the AL West.

Strauss-Kahn accuser did not know who he was

The woman who has accused Dominique Strauss-Kahn of attempted rape did not know about his position as a top-ranked French politician or as managing director of the International Monetary Fund, her lawyer said on Tuesday.

Djokovic earns McEnroe praise

Legendary tennis champion John McEnroe has praised the world number two juggernaut Novak Djokovic, saying the Serb's 37-match unbeaten run so far this season is more impressive than his own unbeaten record set in 1984.

IMF sounds alarm on Greece reforms

The IMF warned Greece on Wednesday it must redouble reform efforts to avoid derailing its fiscal program, key to dealing with a huge debt mountain.

Hershey CEO West leaves for Del Monte

Hershey Co Chief Executive David West is leaving chocolate bars for Del Monte canned vegetables and cat food, the second unexpected CEO departure at Hershey in less than four years.

Eye on tech exports, Israel launches cyber command

Israel set up a government cyber command on Wednesday to secure the country against hacking attacks on its key networks and boost the competitiveness of local industries specializing in high-tech security.

IMF warns Greece on reform efforts

The IMF warned Greece on Wednesday that a drive to shore up its troubled finances would fail unless Athens redoubled its reform efforts, and the ECB hit back at suggestions a debt restructuring might be the solution.

Target beats estimates on credit cards

Target Corp posted a bigger-than-expected rise in quarterly profit on Wednesday, as soaring profitability in its credit card business mitigated the impact of some sluggish sales at its stores.

Futures flat on caution before Fed minutes

Stock index futures were little changed on Wednesday as investors turned cautious before news from the Federal Reserve, offsetting gains in computer maker Dell and a rebound in commodity prices.

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