IBT Staff Reporter

74341-74370 (out of 154954)

Goldman results to hinge on trading performance

Goldman Sachs Group Inc is expected to report sharply lower quarterly earnings due to weak trading results and a charge for buying back preferred stock from Warren Buffett's Berkshire Hathaway.

Canada student mobs aim to make voting go viral

Wearing neon colors, dancing and flashing I vote signs for video cameras, students in Canada's capital on Monday joined a growing movement of youth vote mobs aimed at shaking up the May 2 national election.

Samsung to sell HDD unit to Seagate for $1.4 billion

Samsung Electronics Co said on Tuesday it had agreed to sell its hard-disk-drive business to Seagate Technology for $1.4 billion in cash and stock, as it plans to focus on its bread-and-butter memory-chip business.

Asian stocks fall as sovereign debt risks pile up

Asian stocks slid on Tuesday, falling further from a three-year high hit last week as investors took profits on risks of a Greek debt restructuring in Europe and the long-term threat of a U.S. government debt downgrade.

Stock index futures signal dip; TI eyed

Stock index futures pointed to a slightly lower open on Wall Street on Tuesday, with futures for the S&P 500 down 0.1 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 0733 GMT.

Treasury could sell GM shares in summer or fall: source

The Treasury could sell a big chunk of its remaining 33 percent stake in General Motors Co in the summer or fall, a person with knowledge of the matter said on Monday, although doing so may lead to more losses for it on the automaker's bailout.

Seasoned users shun spontaneity on the Web: survey

Spontaneous activity on the Internet is on the wane among experienced users as they shun aimless surfing and plan their online sessions more, according to a study published by Microsoft and two agencies.

Toshiba 2010/11 net likely to beat forecast: Nikkei

Toshiba Corp is likely to post a forecast-beating 130 billion yen ($1.6 billion ) net profit for the 2010/11 business year that ended on March 31, boosted by robust sales of flash memory chips for smartphones and tablet PCs, the Nikkei business daily reported.

Japan woes force scrutiny of Apple's margins

Apple Inc may provide the first signs this week that the Japanese crisis is pressuring margins, clouding what should otherwise be another dazzling second quarter for the makers of the iPad and iPhone.

Japan ministers confident in Treasuries after S&P move

Japanese cabinet ministers on Tuesday moved to shore up confidence in U.S. debt after Standard & Poor's threatened to lower its credit rating on the world's largest economy due to a bulging budget deficit, touching a nerve with one of the largest holders of Treasuries.

Gang members indicted in online prostitution ring

Three dozen Crips street gang members and two motel owners have been indicted for running a prostitution ring that targeted underage girls through social networking sites including MySpace, Craigslist, Twitter and Facebook, prosecutors said on Monday.

S&P threatens to cut U.S. credit rating on deficit

Standard & Poor's threatened on Monday to downgrade the United States' prized AAA credit rating unless the Obama administration and Congress find a way to slash the yawning federal budget deficit within two years.

Texas Instruments misses forecasts, blames Japan

Chip maker Texas Instruments Inc warned of slower-than-usual quarterly sales growth as it scrambles to restart production after Japan's massive earthquake, and said it was unclear when the supply of the silicon and wafers it needs will return to normal.

Apple sues Samsung over Galaxy phones, tablets

SAN FRANCISCO/SEOUL - Apple Inc has sued rival Samsung Electronics claiming that the South Korean firm's Galaxy line of mobile phones and tablets slavishly copies the iPhone and iPad, according to court papers.

TI misses Street targets and warns on Japan

Texas Instruments Inc warned of slower-than-typical quarterly sales growth as it scrambles to restart production after Japan's massive earthquake, and said it was unclear when the supply of the silicon and wafers it needs will return to normal.

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