Tata Steel raises 5.08 bln rupees from anchor investors
Tata Steel has raised 5.08 billion rupees ($111.8 million) from anchor investors at the upper end of an indicated price range ahead of a public share offering, reflecting investor optimism in the company's prospects in India's fast-expanding economy.
Tailenders guide India home after Pathan blitz
Yusuf Pathan blazed a half-century but India still had to call on their tailenders to clinch victory over South Africa by two wickets in the third one-day international at Newlands on Tuesday.
Analysis: Goldman's Facebook retreat reflects new normal
Goldman Sachs Group Inc's decision to scale back a heavily publicized sale of shares in social network site Facebook shows how the bank risks losing its edge as financial regulation intensifies.
Sprint raises smartphone monthly fee by $10
Sprint Nextel Corp plans to raise service fees by $10 a month for smartphone customers, bringing its prices closer to those of bigger rivals Verizon Wireless and AT&T Inc.
Instant view: Apple, IBM results beat Street
Apple Inc smashed Wall Street's sales forecasts for the holiday quarter, the day after announcing its Chief Executive Steve Jobs would take leave for medical reasons.
WaMu eyes March bankruptcy exit: attorney
Washington Mutual Inc could be out of bankruptcy in March after reworking its recently rejected plan of reorganization, the attorney overseeing the company's bankruptcy said on Tuesday.
Instant view: Apple sales surge, IBM beats Street
Apple Inc smashed Wall Street's sales forecasts for the holiday quarter, the day after announcing its Chief Executive Steve Jobs would take leave for medical reasons. Its shares rose after hours.
Four banks to manage AIG share sale: sources
AIG chose Bank of America Corp , Deutsche Bank AG , Goldman Sachs Group Inc and JPMorgan Chase & Co to manage the sale of the government's 92 percent stake in the insurer, two people familiar with the situation said on Tuesday.
Google investors to look beyond search
A strong holiday shopping season will help Google Inc beat Wall Street's quarterly targets again, but investors may need more convincing to buy into the Internet giant's longer-term future.
Jobs' health overshadows quarterly Apple sales
The health of Apple Inc Chief Executive Steve Jobs will overshadow quarterly results on Tuesday from the consumer electronics powerhouse, whose iPhone and iPad excited holiday shoppers.
Wall Street ponders Apple without Steve Jobs
Is Steve Jobs really worth just $6 billion?
U.S. officials privately say WikiLeaks damage limited
Internal U.S. government reviews have determined that a mass leak of diplomatic cables caused only limited damage to U.S. interests abroad, despite the Obama administration's public statements to the contrary.
Palin defends use of 'blood libel' term
Former Alaska Gov. Sarah Palin defended her use of the term 'blood libel' on Monday, saying she meant what she said when she chided critics for accusing conservative media figures of having played a role in instigating the recent Arizona shootings.
IBM blows past forecasts, services contracts rise
International Business Machines Corp's quarterly profit blew past Wall Street estimates, and a long-hoped-for recovery in its services business raised optimism that global companies were confident enough to spend more on technology.
Apple’s COO Bashes Android, Ignores Jobs' Health
Apple's Tim Cook rips into Android, tablet rivals and doesn't address Steve Jobs' health or leave-of-absence.
Venezuela, Cuba outfox U.S. with fiber optic cable
Venezuela will connect Cuba to a high-speed fiber optic cable next month undermining U.S. sanctions prohibiting Cuba's access to nearby underwater lines, the head of the project said on Tuesday.
Comcast wins approval for NBC Universal combination
Comcast Corp will sacrifice day-to-day control of popular video website Hulu as a condition for regulatory approval of its combination with NBC Universal, clearing the way for the deal to close in the next two weeks.
IBM results blow past expectations, services strong
International Business Machines Corp's quarterly profit blew past Wall Street estimates, and a long-hoped-for recovery in its services business raised optimism that global companies were confident enough to spend more on technology.
Apple's holiday quarter outshines Jobs' plight
Blockbuster sales of the iPad and iPhone fueled better-than-expected quarterly results and forecasts from Apple Inc, assuaging investors' fears after CEO Steve Jobs' abrupt decision to take medical leave.
Apple holiday quarter sales shine
Apple Inc reported better-than-expected revenue, fueled by blockbuster holiday sales of the iPhone and iPad that may help ease investor concern about Chief Executive Steve Jobs' decision to take medical leave.
Internet time tied to teen depression symptoms
NEW YORK - Spending time online is normal behavior for teenagers. But too much Internet use by teens -- or too little, for that matter -- might be related to depression, a new study finds.
IBM's results blow past expectations, services strong
International Business Machines Corp's quarterly profit blew past Wall Street estimates, and a pick-up in services contracts raised hopes that global companies were confident enough to spend more on technology.
IBM's profit exceeds expectations, services strong
International Business Machines Corp's stronger-than-expected quarterly profit and a pick-up in technology services contracts raised hopes that global companies were becoming confident enough to spend more on technology.
Apple Posts Record Quarter, Beats Street Estimates
Apple reported another record quarter, with revenue hitting $26.74 billion, above the most optimistic Wall Street estimates of about $25 billion. The iconic technology company posted $6 billion in profit, or $6.43 per share.
Southern California Dec home sales rise from Nov
Home sales in Southern California rose above their seasonal pattern in December from November with a 20.5 percent gain but were down 12.5 percent from a year earlier, reflecting a sluggish jobs market and tight credit, MDA DataQuick said on Tuesday.
Obama admin steps up foreclosure prevention efforts
The Obama administration on Tuesday stepped up efforts to make it easier for struggling homeowners to renegotiate the terms of their mortgage, although it could be more than a year before such efforts pay off.
UPDATE: DOJ Gives Nod To NBC-Comcast
The U.S. Department of Justice has followed the FCC and given the nod to the NBC-Comcast deal.
Apple holiday quarter shines, shares surge
Apple Inc reported better-than-expected results, fueled by blockbuster holiday sales of the iPhone and iPad that may help ease investor concern about Chief Executive Steve Jobs' decision to take medical leave.
Sprint ups fees for smartphone users by $10
Sprint Nextel Corp plans to increase monthly service fees by $10 a month for smartphone customers, edging its prices closer to those of bigger rivals Verizon Wireless and AT&T Inc.
Earnings signal brighter days ahead for brokers
The performance of big online brokers may be improving after a poor 2010 as a trading rebound and a better economic outlook boosted quarterly profits at TD Ameritrade Holding Corp and Charles Schwab Corp .
