Posted by Reuters: Business News on February 7, 2012
LONDON (Reuters) – The euro was underpinned by hopes a way would be found to push through a second bailout deal for Greece, though poor results from some top European firms on Tuesday rekindled unease about the region’s debt crisis, sending shares lower.
Posted by Reuters: Business News on February 3, 2012
LONDON (Reuters) – A dip in figures on China’s non-manufacturing sector helped dampen financial markets optimism on Friday ahead of U.S. jobs data that will offer more clues on the strength of the world’s top economy.
Posted by Reuters: Business News on January 31, 2012
WASHINGTON (Reuters) – Just when Americans have largely forgotten about the Treasury’s controversial bailout program, the Congressional Budget Office on Tuesday blamed it for an anticipated $23 billion widening in the government’s deficit.
Posted by Reuters: Business News on
SAN FRANCISCO (Reuters) – Amazon.com Inc shares slumped after the largest Internet retailer said it may lose money in the first quarter, a sign the company is continuing to spend heavily on expansion and new ventures.
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(Reuters) – Exxon Mobil Corp’s fourth-quarter profit narrowly beat Wall Street’s expectations as rising crude oil prices offset falling margins for chemicals, engine lubricants and fuel.
Posted by Reuters: Business News on January 27, 2012
TOKYO (Reuters) – Nintendo President Satoru Iwata dismissed the idea that the age of the dedicated handheld games device was over and said he aimed to return the company to substantial profit in 2012/13, after it warned of its first ever operating loss this year.
Posted by Reuters: Business News on January 25, 2012
(Reuters) – Apple Inc shares surged the most in more than three years, after skyrocketing iPhone and iPad sales helped it smash Wall Street expectations, prompting analysts to raise their price targets on the stock by as much as $100.
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SAN FRANCISCO (Reuters) – Facebook, the social networking company poised to go public this year, will not honor trades of its shares in the secondary markets for a three-day period beginning on Wednesday, according to a person familiar with the matter.
Posted by Reuters: Business News on January 24, 2012
(Reuters) – McDonald’s Corp reported stronger-than-expected December sales, but its shares fell on investor concerns that quarterly profit may have beat expectations only because of income that was not related to its operations.
Posted by Reuters: Business News on January 19, 2012
SAN FRANCISCO (Reuters) – Google Inc’s quarterly results fell short of Wall Street’s heightened expectations for the holiday season as declining search advertising rates contributed to a rare miss, triggering a 9 percent slide in its shares.
