Posted by Reuters: Business News on February 6, 2012
(Reuters) – General Motors aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview.
Posted by Reuters: Business News on January 10, 2012
RENTON, Wash (Reuters) – Boeing Co expects to see continued robust demand for the current model of its narrow-body 737 – the Next Generation – even as it promotes the upcoming 737 MAX and its promises of fuel efficiency, the head of Boeing’s 737 program said on Tuesday.
Posted by Reuters: Business News on December 21, 2011
(Reuters) – Daniel Mudd, the embattled former chief executive of mortgage financing company Fannie Mae, is taking a leave of absence from him current job as head of hedge fund Fortress Investment Group , the company said on Wednesday.
Posted by Reuters: Business News on November 17, 2011
PARIS (Reuters) – Carrefour, the world’s second-biggest retailer, must slash prices, build more convenience stores and attract online shoppers as dire economic times make the current CEO’s hypermarket revival plan increasingly obsolete.
Posted by Reuters: Business News on November 9, 2011
DETROIT (Reuters) – General Motors Co posted a third-quarter profit that fell 15 percent after a loss in Europe and forecast that operating profit in the current quarter would be flat from a weak fourth quarter in 2010.
Posted by Reuters: Business News on October 18, 2011
(Reuters) – Officials and big banks are working on a plan that would make refinancing available to some borrowers whose houses are worth less than their loans, so long as they are current on mortgage payments, the Wall Street Journal reported.
Posted by Reuters: Business News on August 16, 2011
CANBERRA (Reuters) – The World Bank called for national governments to seek long-term debt curbs on Tuesday to solve the current sovereign debt crises in Europe and the United States, but said it was too early for special action by the Group of 20 nations.
Posted by Reuters: Business News on August 5, 2011
WASHINGTON (Reuters) – The U.S. government expects its debt to be downgraded by credit ratings agency Standard & Poor’s from its current triple-A rating and is preparing for the event, ABC News said on Friday.
Posted by Reuters: Business News on July 26, 2011
SAN FRANCISCO (Reuters) – Amazon.com Inc reported a surge in quarterly revenue on sales of its kindle electronic reader and other electronics and forecast far better-than-expected revenue for the current quarter, sending its shares up more than 6 percent.
Posted by Reuters: Business News on
SAN FRANCISCO (Reuters) – Amazon.com Inc reported a surge in quarterly revenue and said revenue for the current quarter would be better than expected, sending its shares up more than 6 percent.
