Tech drives Asia stocks higher
Asian stocks rose on Wednesday, led by gains in tech shares after Apple Inc unveiled results that blew past Wall Street's expectations, while the euro struggled as worries mounted about debt-stricken Greece.
British Woman wakes up with chinese accent
A British woman has woken up speaking with a Chinese accent after reportedly suffering brain damage brought on by a severe migraine.
Innkeepers USA preps for possible bankruptcy: sources
Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, according to four people familiar with the matter.
Ash flight ban hits life-saving transplant
Europe's flight ban is preventing some life-saving transplant tissue from reaching patients, and other operations have had to be canceled because surgeons are stuck overseas.
Some Paulson clients mull withdrawing money: report
Some of John Paulson's clients are indicating they may withdraw money from the billionaire's hedge fund firm, after it was involved in a transaction that led the U.S. government to file a lawsuit against Goldman Sachs Group Inc , The Wall Street Journal said.
Innkeepers preps for possible bankruptcy: sources
Innkeepers USA Trust , a U.S. real estate investment trust with interests in about 73 hotels, is getting ready for a possible bankruptcy filing after missing debt payments earlier this month, according to four people familiar with the matter.
Resilient Stryker, Edwards top analyst targets
Stryker Corp and Edwards Lifesciences Corp posted higher-than-expected quarterly earnings on Tuesday, reflecting healthy demand for medical devices amid a gradual economic recovery.
BHP uncovers possible violations of anti-graft laws
Global miner BHP Billiton revealed on Wednesday possible violations of anti-graft laws inside the company, in another blow to the mining industry's tarnished image.
Yahoo revenue misses as search ad sales contract
Yahoo Inc said large advertisers showed a renewed appetite for online display ads in the first quarter, but the Internet company's troubled search business put a damper on the company's comeback plan.
Sharon to give breast implants to Ozzy
Sharon Osbourne says she's having her breast implants removed this summer and will give them to her husband, rocker Ozzy Osbourne, as a paperweight.
Author Toibin sees novel surviving new technology
Award-winning Irish writer Colm Toibin firmly believes the novel will remain fundamentally unchanged by the Internet or other high-tech innovations, a realm in which he admits he is nearly illiterate.
Ex-CEO on Lehman's ruin: I have to live with that
Former Lehman Brothers CEO Richard Fuld lifted his bowed head, looked squarely at U.S. lawmakers on Tuesday and acknowledged that people were hurt in the collapse of the former Wall Street giant.
WA mum loses 56kg to win Biggest Loser
A West Australian mother has become the first woman to win The Biggest Loser, shedding nearly half her body weight to triumph in the latest series.
Citi options become crowd favorite
There are active names in the options market and then there is Citigroup Inc .
Citi CEO stresses responsible finance
Citigroup Inc Chief Executive Vikram Pandit stressed the bank was now focusing on responsible finance, a comment that comes as rival Goldman Sachs wrestles with legal woes.
Apple results smash Street view, outlook strong
Apple Inc's results blew past Wall Street expectations on the back of record iPhone sales, and the company gave a strong revenue forecast, sending its shares up more than 5 percent to an all-time high.
Daily Forecast - 21/4/2010
The Australian Dollar opens higher today at 0.9310 after receiving a boost yesterday from the release of the Reserve Bank of Australia (RBA) April 6 board meeting minutes.
Republicans soften opposition to financial reform
Republican lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.
Delta posts smaller loss, sees profitable Q2
Delta Air Lines Inc posted a smaller quarterly loss on Tuesday as business traffic began to recover and said it expects a profit in the current period despite disruptions to transatlantic travel caused by ash from an Iceland volcano.
J&J, Novartis profits beat, but no boom ahead
Johnson & Johnson and Swiss rival Novartis Holding AG reported better-than-expected quarterly earnings, but the results did not suggest accelerating growth for the drugmakers.
Flyonthewall should not get ratings changes: banks
Three Wall Street banks urged a Manhattan federal judge not to lift an injunction on Theflyonthewall.com Inc's quick publication of analyst rating changes, saying the financial news service failed to show the ban threatens its ability to stay in business.
Goldman earnings beat overshadowed by fraud probe
Goldman Sachs Group Inc reported blow-out quarterly earnings on Tuesday, but investors appeared to focus on the U.S. fraud case against the bank as Britain's market watchdog launched its own probe.
Wall Street buoyed by energy, Apple at life high
U.S. stocks rose on Tuesday as oil prices lifted energy shares and investors were upbeat about the overall profits recovery, even as some high-profile results fell short of lofty expectations.
Coca-Cola sales disappoint, investors eye pricing
Coca-Cola Co expects an improving economy to help North American results this year, but it may have less freedom to raise prices as it catches up to an overhaul by rival PepsiCo Inc .
Schwab legal settlement nearly wipes out Q1 profit
Charles Schwab Corp agreed to pay $200 million to settle a federal class-action lawsuit targeting its money-losing YieldPlus mutual fund, erasing nearly all of its first quarter profit.
Apple results blow past Wall Street targets
Apple Inc posted quarterly results that blew past Wall Street expectations on the back of record iPhone sales, sending its shares up 6 percent to an all-time high.
Google boosts federal lobbying spending in Q1
Google Inc boosted its spending on federal lobbying 57 percent in the first quarter to address issues including patent reform and competition in the advertising market, as the Internet search giant increasingly finds itself in the regulatory spotlight.
Ex-Lehman CEO faces Congress amid reform battle
Richard Fuld, former CEO of Lehman Brothers, lifted his bowed head, looked squarely at congressional committee members on Tuesday and acknowledged that people were hurt in the collapse of the former Wall Street giant.
Yahoo profit outpaces Wall Street estimates
Yahoo Inc exceeded Wall Street's earnings expectations in the first quarter thanks to the sale of some of its assets and its search deal with Microsoft, but the company's revenue fell a hair short of Wall Street expectations.
Lawmakers tone down fight on financial reform
Republican party lawmakers on Tuesday took a more conciliatory tone toward Democratic proposals to crack down on Wall Street as the U.S. Senate delayed debate on a financial reform package until next week.