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Tuesday, February 7, 2012

China cabinet economist warns of "deflation" in 2012

Posted by Reuters: Business News on February 3, 2012

BEIJING (Reuters) – China’s headline consumer price index (CPI) is on track to fall on a month-to-month basis in the coming months and mark a year-on-year decline in the second half of 2012, a government economist said in comments published on Friday.



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Housing starts drop more than expected in December

Posted by Reuters: Business News on January 19, 2012

WASHINGTON (Reuters) – Housing starts fell in December as groundbreaking on rental property posted a big decline, splashing some cold water on hopes the still-weak housing sector could boost economic growth this year.



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Industrial output rises on strong manufacturing

Posted by Reuters: Business News on January 18, 2012

WASHINGTON (Reuters) – Industrial output rose in December as manufacturing rebounded at its strongest pace in a year, countering a weather-related decline in utilities, Federal Reserve data showed on Wednesday.



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Best Buy impresses with market share, profit view

Posted by Reuters: Business News on January 6, 2012

(Reuters) – Best Buy Co appeared to gain market share from rivals in the United States during the key holiday season and stood by its profit outlook for the financial year despite a 1.2 percent same-store sales decline in December.



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Euro zone manufacturing downturn extends to 5th month: PMI

Posted by Reuters: Business News on January 2, 2012

LONDON (Reuters) – Euro zone manufacturing activity declined for a fifth consecutive month in December, although at a slightly slower rate than November’s 28-month record low, a survey showed on Monday, suggesting the decline would continue in the early months of 2012.



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Futures point to slight gains after data

Posted by Reuters: Business News on December 29, 2011

NEW YORK (Reuters) – Stock index futures pointed to modest gains at the open on Thursday as a decline in Italian bond yields offset a weak reading on jobless claims a day after the S&P 500′s gains for the year were erased.



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Rally brings S&P closer to break-even for 2011

Posted by Reuters: Business News on December 22, 2011

NEW YORK (Reuters) – Stocks rose on Thursday, putting the S&P 500 on the cusp of finishing out the year higher as another decline in jobless claims pointed to further improvement in the labor market.



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Rally brings S&P closer to break-even for 2011

Posted by Reuters: Business News on

NEW YORK (Reuters) – Stocks rose on Thursday, putting the S&P 500 on the cusp of finishing out the year higher as another decline in jobless claims pointed to further improvement in the labor market.



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German business morale rises, defies euro zone gloom

Posted by Reuters: Business News on December 20, 2011

BERLIN (Reuters) – German business sentiment rose sharply in December, defying expectations for a decline and underscoring the resilience of Europe’s dominant economy in the face of a sovereign debt crisis that has hammered euro zone growth.



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RIM Q3 profit falls; shares drop on outlook

Posted by Reuters: Business News on December 15, 2011

TORONTO (Reuters) – Research In Motion posted a 27 percent drop in quarterly profit on Thursday and said it would ship between 11 million and 12 million BlackBerry smartphones in the weeks around Christmas, the first decline in years for that historically strong period.



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