Posted by Reuters: Business News on February 1, 2012
DETROIT (Reuters) – U.S. automaker Chrysler Group LLC swung to a full-year net income of $183 million on Wednesday, and made the bold prediction that profit would be eight times higher in 2012, on strong sales in its main U.S. market.
Posted by Reuters: Business News on January 11, 2012
NEW YORK (Reuters) – Stock index futures dipped on Wednesday, a day after major indexes hit a five-month high, with pressure on the euro testing the recent view that the U.S. market was decoupling from Europe.
Posted by Reuters: Business News on December 27, 2011
TOKYO (Reuters) – Asian shares eased on Tuesday as investors squared positions in thin volume before U.S. markets reopen after a long weekend and investors await fresh data that could offer clues about prospects for the world’s largest economy.
Posted by Reuters: Business News on December 26, 2011
TOKYO (Reuters) – Asian shares were steady on Tuesday in thin volume as investors took to the sidelines before U.S. markets reopen later in the day from a long weekend and data which could offer clues over growth prospects in the world’s largest economy.
Posted by Reuters: Business News on November 28, 2011
NEW YORK (Reuters) – A federal judge angrily blocked Citigroup Inc’s proposed $285 million settlement over the sale of toxic mortgage debt, excoriating the top U.S. market regulator over how it reaches corporate fraud settlements.
Posted by Reuters: Business News on
NEW YORK (Reuters) – A judge on Monday rejected a proposed $285 million settlement between Citigroup Inc and the top U.S. market regulator over the sale of toxic mortgage debt and ordered a trial.
Posted by Reuters: Business News on November 1, 2011
TOKYO (Reuters) – Olympus Corp on Tuesday revealed members of a panel, including a former Japanese supreme court judge, it has pledged will conduct an independent probe into past M&A deals at the core of a scandal that has halved the company’s market value.
Posted by Reuters: Business News on October 26, 2011
TOKYO (Reuters) – Olympus Corp head Tsuyoshi Kikukawa resigned on Wednesday after a scandal over hefty advisory fees wiped out half of the 92-year-old firm’s market value, but his successor stuck with the company’s line that it had done nothing wrong.
Posted by Reuters: Business News on September 6, 2011
LONDON (Reuters) – Wall Street stock futures pointed to a lower open for equities on Tuesday on renewed fears the euro zone’s sovereign debt crisis is worsening, with shares seen tracking a slump in European stocks on Monday when the U.S. market was closed.
Posted by Reuters: Business News on August 5, 2011
LONDON (Reuters) – The message from this week’s market rout is crystal-clear: investors have lost confidence in their politicians, who urgently need to do something dramatic to reduce risks to the global economy.
