| No consensus as Europe limps toward Greece summit Mon,18 Jul 2011 11:40 PM PDT Reuters -  BRUSSELS/PARIS (Reuters) - European governments and banks struggled to reconcile competing proposals for a second bailout of Greece on Monday, three days before leaders meet to prevent the crisis from spreading through the region.Full Story |
| Gold hovers below record, extends gains to 12th day Mon,18 Jul 2011 11:33 PM PDT Reuters -  SINGAPORE (Reuters) - Gold held steady below its record high on Tuesday, on course for a 12th straight day of gains, as growing sovereign debt worries on either side of the Atlantic continued to support sentiment.Full Story |
| Stocks stabilize but vulnerable to Europe Mon,18 Jul 2011 11:08 PM PDT Reuters - SINGAPORE (Reuters) - Equities stabilized on Tuesday, helped by technology shares ahead of Apple's earnings, though the euro sagged, suggesting investors may keep cutting their exposure to risks in the face of default threats in the United States and Europe. Full Story |
| Novartis expects to be able to fend off generics Mon,18 Jul 2011 10:45 PM PDT Reuters - ZURICH (Reuters) - Novartis expects volume growth at its pharma unit to more than offset the impact of generic competition, the Swiss drugmaker said after posting a 27 percent rise in second-quarter sales. Full Story |
| Amid local debt worries, China's tax revenue surges 30 percent Mon,18 Jul 2011 10:26 PM PDT Reuters - BEIJING (Reuters) - China's tax revenues in the first half of the year surged 29.6 percent from a year earlier to 5 trillion yuan ($773 billion), underscoring the government's ability to deal with any fallout from piles of local government debt. Full Story |
| Analysis: McConnell plan may be reckoning for Republicans Mon,18 Jul 2011 10:04 PM PDT Reuters -  WASHINGTON (Reuters) - Senator Mitch McConnell's plan to avert an imminent U.S. debt default could lead to a day of reckoning for his Republicans as they weigh the prospect of fiscal disaster against the demands of Tea Party activists.Full Story |
| Apple set to wow investors, outlook eyed Mon,18 Jul 2011 09:51 PM PDT Reuters -  Apple shares rose nearly 2.5 percent on Monday to close at a record high of $373.80 on expectations that the company will beat analysts' forecasts for the fiscal third-quarter, which saw an easing of the supply constraints surrounding the iPad 2.Full Story |
| Cisco to cut workforce by 15 percent, sell factory to Hon Hai Mon,18 Jul 2011 09:48 PM PDT Reuters -  NEW YORK/SAN FRANCISCO (Reuters) - Cisco Systems plans to cut 15 percent of its staff and sell a set-top box factory as part of a plan to cut annual expenses by $1 billion as the network equipment maker tries to revive its fortunes.Full Story |
| Borders, unable to find white knight, to liquidate Mon,18 Jul 2011 06:05 PM PDT Reuters -  NEW YORK (Reuters) - Borders Group Inc, the second-largest U.S. bookstore chain, said it has canceled an upcoming bankruptcy auction and will close its doors for good.Full Story |
| Microsoft seals record year, stock still stuck Mon,18 Jul 2011 05:45 PM PDT Reuters -  SEATTLE (Reuters) - Microsoft Corp is set to post a 9 percent jump in fiscal fourth-quarter profit on Thursday, putting the cap on its best financial year ever, but investors are fidgety over flagging computer sales and a gnawing feeling that the tech pioneer will never recapture old growth rates.Full Story |
| Clorox rejects Icahn bid as too low Mon,18 Jul 2011 04:44 PM PDT Reuters - CHICAGO/LOS ANGELES (Reuters) - Clorox Co on Monday rejected as too low an offer from billionaire investor Carl Icahn that values it at more than $10 billion. Full Story |
| Well Go USA signs deal with Japan's Sushi Typhoon Mon,18 Jul 2011 04:40 PM PDT Reuters - LOS ANGELES (TheWrap) - Well Go USA has become the North American distributor for the Japanese genre label Sushi Typhoon. Full Story |
| Murdochs face questions in parliament Mon,18 Jul 2011 04:39 PM PDT Reuters -  LONDON (Reuters) - News Corp Chief Executive Rupert Murdoch and his son James face questions from parliament on Tuesday in a phone-hacking scandal that has rocked Britain's establishment right up to Prime Minister David Cameron.Full Story |
| Borders, unable to find white knight, to liquidate Mon,18 Jul 2011 04:33 PM PDT Reuters - NEW YORK (Reuters) - Borders Group Inc, the second-largest U.S. bookstore chain, said it has canceled an upcoming bankruptcy auction and will close its doors for good.Full Story |
| IBM's services signings surge, stock rises Mon,18 Jul 2011 04:31 PM PDT Reuters -  BOSTON (Reuters) - IBM's signings of new business at its services division surged 16 percent in the second quarter, trouncing expectations and raising hopes that 2011 will be a good year for the technology sector.Full Story |
No comments:
Post a Comment