IBT Staff Reporter

78151-78180 (out of 154954)

Icahn to return his clients' money

Billionaire hedge-fund manager Carl Icahn is returning capital to outside investors, marking the end of an era as he joins other prominent stock pickers who no longer want the headaches of handling other people's money.

Warner Bros to offer movies through Facebook

Warner Bros is making some of its films available on Facebook, opening up a new revenue source for the Internet social network and signaling new competition for online entertainment companies.

Grumblings In Google's App Marketplace

Some app developers are expressing discontent with the way Google operates the Android Market for apps, and at least one has decided to call out Google in public.

Toyota aims to lift group operating profit: report

Toyota Motor Corp <7203.T> aims to lift its group operating profit to more than 1 trillion yen ($12.16 billion) in two to three years by strengthening its ability to overcome a stronger yen and stepping up cost-reduction efforts, the Nikkei business daily reported.

Risk-aversion rules as miners ramp up exploration

A sharp rebound in mine exploration spending shows no sign of slowing this year, but miners seeking fresh supplies are keenly aware of risks and not every country with rich mineral deposits is a winner.

CEO Says NVIDIA Will Focus On Mobile, Parallel Processing

NVIDIA's chief executive officer, Jen-Hsun Huang, said the company will focus on making its signature graphics processors more energy efficient with parallel architectures, with its innovation targeting the mobile computing sector.

Skechers sues Sears over Shape-ups

Skechers USA Inc sued Sears Holdings Corp , accusing the housewares and apparel retailer of selling footwear that infringed on some of its patents and trademarks, including those for its Shape-up line.

Rajaratnam trial starts, judge questions jury pool

The criminal trial of hedge fund founder Raj Rajaratnam, at the center of the biggest U.S. insider trading probe in decades, began on Tuesday with the judge asking potential jurors whether they could be fair in deciding the case of a wealthy financial executive.

Oil's pullback bolsters Wall Street

An upbeat profit forecast from Bank of America and a pullback in oil prices lifted Wall Street out of the technical danger zone on Tuesday in another sign of the market's near-term resilience.

Oil slips on OPEC output talk, eyeing Libya

Oil prices slipped on Tuesday, with Brent falling nearly 2 percent, after Kuwait's oil minister said OPEC was considering a production boost as war-torn Libya's output remained disrupted and the region's unrest fueled concerns about more supplies being cut off.

Brown-Forman tops estimates, raises forecast

Brown-Forman Corp , the maker of Jack Daniel's whiskey, posted a stronger-than-expected 30 percent rise in quarterly profit helped by strong demand abroad, and raised its full-year outlook, sending shares up as much as 9 percent to an all-time high.

Icahn to return all his clients' money

Billionaire hedge fund manager Carl Icahn said he plans to return all of his clients' money, becoming the latest in a string of investors who no longer want to manage money for outsiders.

Weber says markets have understood ECB correctly

Markets have understood the European Central Bank's policy signals, ECB policymaker Axel Weber said on Tuesday, adding he did not want to correct expectations for rates to be at 1.75 percent by year's end.

OPEC mulls boosting output, Iran sees no need

OPEC is in talks about boosting oil supplies, Kuwait's oil minister said on Tuesday, but many in the group remained skeptical, saying world supply is comfortable despite the loss of Libyan crude.

Stocks rise on pullback in oil prices

An upbeat profit forecast from Bank of America and a pullback in oil prices lifted Wall Street out of the technical danger zone on Tuesday in another sign of the market's near-term resilience.

Carl Icahn to return all his clients' money

Billionaire hedge-fund manager Carl Icahn is returning outside investors' capital, marking the end of an era as he joins a string of prominent stock pickers who no longer want the headaches of overseeing other people's money.

Raj Rajaratnam trial starts as judge questions jury pool

The criminal trial of hedge fund founder Raj Rajaratnam, at the center of the biggest insider trading probe in decades, began on Tuesday with the judge asking potential jurors whether they could be fair in deciding the case of a wealthy financial executive.

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