IBT Staff Reporter

82141-82170 (out of 154954)

Futures point to mixed open for Wall Street

Stock index futures pointed to a flat to weaker start for Wall Street on Monday, with futures for the S&P 500 down 0.1 percent, while futures for the Dow Jones and the Nasdaq traded flat by 5:18 a.m. EST.

Stocks give U.S. school endowments a boost in 2010

America's college and university endowment funds recorded an 11.9 percent return last year, aided by big bets on alternative investments like hedge funds but helped even more by traditional stock and bond selections.

S&P rattles investors with Japan credit cut

The yen fell and investors took a cautious stance on stocks and riskier assets on Thursday after Standard & Poor's cut Japan's credit rating in a forceful reminder of the fragile state of some leading countries' finances.

Obama promises to have 1 mln electric vehicles by 2015

In his State of the Union address, President Barack Obama reiterated his commitment to green technologies by vowing to flood America's highways with plug-in cars and will ask Congress for new programs to support sales and development of electric vehicles.

Two ex-Galleon men plead guilty; Rajaratnam named

Two former Galleon Group portfolio managers admitted to charges of insider trading on confidential company information, strengthening the government's case against Galleon hedge fund founder Raj Rajaratnam a month before his trial

3i's investments jump in Q3

British private equity firm 3i said it made "some high quality" new investments and had significant realisations from the portfolio at good uplifts in the third quarter. 3i said it invested 183 million pounds ($291 million) during the quarter, up from 59 million pounds in the same period of last year.

BSkyB reports double-digit profit, revenue growth for H1

Pay-TV firm British Sky Broadcasting (BSkyB) reported record product sales and strong double-digit growth in profit and revenue for the first half. The company, which lifted its interim dividend by 11 percent to 8.74 pence, said the business has achieved milestone of 10 million customers and total net product growth was 2.193 million.

Goldman Sachs downgrades Hero Honda, M&M

Goldman Sachs on Thursday downgraded motorcycle maker Hero Honda and utility vehicles maker Mahindra & Mahindra to sell, from neutral and buy ratings respectively.

Sony unveils NGP handheld; takes on DS, smartphones

Sony Corp launched a new handheld gaming device, the first to feature 3G wireless connectivity, as it battles with Nintendo's best-selling DS and tries to fend off rising competition from smartphones and tablets.

BSE Sensex drops; M&M, Sterlite fall

The BSE Sensex erased early gains and was trading down 0.4 percent on Thursday, as the near-term outlook for foreign funds' interest was far from promising due to better prospects elsewhere.

Sony unveils NGP handheld to take on DS, smartphones

Sony Corp showcased a new handheld gaming device, the first to feature 3G wireless connectivity, as it battles with Nintendo's best-selling DS and tries to fend off rising competition from smartphones and tablets.

Microsoft set to report lower profit on stale PC growth

Microsoft Corp is set to report a dip in earnings on Thursday, a year after the launch of its Windows 7 operating system blew away Wall Street estimates, as sales of personal computers lag expectations and Apple Inc's iPad eats away at the fringes of its core market.

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