IBT Staff Reporter

97171-97200 (out of 154954)

Caterpillar beats forecasts and raises outlook

Caterpillar Inc reported a stronger-than-expected quarterly profit on Monday and raised its full-year sales forecast above Wall Street estimates, citing an improving global economy, especially in Asia and Latin America.

Banks face pressure to get dull

If the U.S. Congress approves financial regulation reform -- and that looks likely to happen soon -- banking stands to become a duller business.

Germany, markets increase pressure on Greece

Uncertainty over an aid package for Greece pushed up its borrowing costs to a 12-year high on Monday, with demands from Germany for further austerity measures before aid is granted heightening the tension.

Stock futures up on Greece optimism, ahead of Caterpillar

U.S. stock index futures were modestly higher on Monday, the first session after hitting a 19-month high, as investors awaited key earnings reports and a Greek official said an aid package would help avert a sovereign debt default.

Best Buy vows UK success; Carphone ups profit view

Best Buy , the world's No.1 electricals retailer, will do whatever it takes to succeed in the UK, joint venture partner Carphone Warehouse said as it raised profit forecasts for the third time in six months.

Canon raises 2010 outlook on digicams, printers

Japan's Canon Inc raised its annual outlook closer to market expectations on Monday after robust demand for digital cameras and printers powered up its quarterly profit by more than fourfold.

Stock futures signal gains; Caterpillar eyed

Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.16 percent, Dow Jones futures up 0.16 percent and Nasdaq 100 futures up 0.1 percent at 5:06 a.m. ET.

Best Buy sees UK success; Carphone ups profit view

Best Buy , the world's No.1 electricals retailer, will do whatever it takes to succeed in the UK, joint venture partner Carphone Warehouse said as it raised profit expectations for the third time in six months.

Germany's CDU keeps pressure on Greece over aid

German Chancellor Angela Merkel's ruling coalition will back Greek aid because the euro's future is at stake, but Greece must first prove it is tackling its budget deficit, a senior official in her party said.

Obama fulfills Cairo pledge with entrepreneur summit

President Barack Obama launches a new effort on Monday to build business and social ties to the Muslim world, but analysts say the need for progress on big issues like Middle East peace will overshadow the initiative.

Chavez says Venezuela GDP may shrink again in 2010

Venezuela's economy could shrink for the second consecutive year in 2010, President Hugo Chavez said on Sunday, reversing an earlier forecast of growth in a sign the OPEC nation is struggling to recover from recession.

PBOC can't hit both inflation and yuan goals: adviser

The People's Bank of China must choose between preserving domestic price stability and defending the yuan's fixed exchange rate as it is not possible to hit both targets at once, an adviser to the central bank said on Sunday.

Study: Ipods can damage your hearing

Researchers warned that by listening to your iPods and MP3 players at high volume for several hours a day may risk yourself of deafness in your later years.

Pages