Posted by Reuters: Business News on November 10, 2011
(Reuters) – Cisco Systems Inc forecast revenue and earnings above Wall Street expectations as demand from government and enterprises for its network equipment remained resilient despite global economic troubles.
Posted by Reuters: Business News on November 8, 2011
TOKYO (Reuters) – Toyota Motor Corp posted a 32 percent drop in quarterly operating profit and withdrew its full-year profit forecasts as Thai floods pose a fresh threat to production while supply shortages from the March earthquake kept output low.
Posted by Reuters: Business News on July 26, 2011
DETROIT (Reuters) – Chrysler Group LLC, controlled by Fiat SpA , reported a second-quarter net loss on Tuesday after the U.S. automaker repaid $7.6 billion in loans to the U.S. and Canadian governments.
Posted by Reuters: Business News on August 16, 2010
TOKYO (Reuters) – Growth in Japan’s economy slowed to a crawl in the second quarter and analysts see more weakness ahead, adding to policymakers’ headaches as they grapple with deflation and a rise in the yen that threatens an export-reliant recovery.
Posted by Reuters: Business News on August 4, 2010
TOKYO (Reuters) – Toyota Motor Corp’s biggest quarterly profit in two years and a hike in its annual forecasts failed to allay concerns about the strength in the yen, weak margins and a faltering U.S. market.
Posted by Reuters: Business News on July 30, 2010
WASHINGTON (Reuters) – Economic growth likely slowed in the second quarter as a capital investment drive by businesses was sated by imports and consumer spending tapered off, a government report is expected to show on Friday.
Posted by Reuters: Business News on July 28, 2010
LONDON/SAN FRANCISCO (Reuters) – ConocoPhillips , the third-largest U.S. oil company, reported a 150 percent increase in underlying quarterly profit, in a dramatic bounceback of its volatile refining business.
Posted by Reuters: Business News on July 15, 2010
LONDON (Reuters) – GlaxoSmithKline expects to record a legal charge of 1.57 billion pounds ($2.4 billion) for the second quarter after settling the “substantial majority” of claims relating to its diabetes pill Avandia.
Posted by Reuters: Business News on June 25, 2010
PHILADELPHIA/HONG KONG (Reuters) – Buyout funds are making a comeback, scouring deals from Australia to America after nearly two years of virtual shutdown, but private equity-backed M&A volumes remain far short of the boom times.
Posted by Reuters: Business News on December 23, 2009
STOCKHOLM (Reuters) – U.S. carmaker Ford said it expected to close a deal to sell Volvo Cars to China’s Zhejiang Geely in the second quarter of 2010, in the latest in a string of deals between Asian and Western carmakers.
