May 4 (Bloomberg) -- The Australian dollar rose to thehighest since October and New Zealand’s currency also gained asan expansion in Chinese manufacturing added to optimism theglobal slump is easing, spurring demand for high-yielding assets. The currencies traded near the strongest ...Read More
NEW YORK (Dow Jones)--Shares of Dell Inc. (DELL) slumped Friday as analysts say the company's fiscal third-quarter miss implies the computer giant is being left out of the nascent recovery in the personal-computer market. Shares were recently down 9.2% to $14.41 ...Read More
SAN FRANCISCO -- Dell Inc. says its latest quarterly profit dropped 54 percent as the company battles a slump has caused it to lose its ranking as the world's No. 2 personal computer maker. Rivals Hewlett-Packard Co. and Acer Inc. have ...Read More
Nov. 18 (Bloomberg) -- Air France-KLM Group, Europe’sbiggest airline, posted a loss in its second quarter asthe recession pummeled passenger traffic, ticket pricesand cargo handling.
The net loss was 147 million euros ($220 million), or50 cents a share, in the three ...Read More
Nov. 16 (Bloomberg) -- Inventories at U.S. businesses fellin September to the lowest level in almost four years, signalingorders will rise in coming months as spending picks up. The 0.4 percent decrease in stockpiles was smaller thananticipated and brought the value ...Read More
* Dollar falls across board as data fuels recovery concern * U.S. consumer sentiment falls, trade gap widens * Higher-yielding Australian, New Zealand dollars rally (Updates prices, adds comment, changes byline) NEW YORK, Nov 13 (Reuters) - The dollar fell broadly onFriday after ...Read More
Mr Lee reiterated the growth prospects for Asia
Asia is leading the world out of recession, the region's leaders have said.
Leaders have gathered in Singapore for the annual meeting of the 21 nations that make up the Asia-Pacific Economic Co-operation ...Read More
Nov. 12 (Bloomberg) -- Anheuser-Busch InBev NV, theworld’s largest brewer, reported third-quarter profit that beatanalysts’ estimates after a cost-cutting drive and priceincreases offset worsening sales of Budweiser and Bud Light. Net income for the quarter was $1.55 billion, the Leuven,Belgium-based company ...Read More
BOSTON -- Ex-Penguin Mark Recchi knows Sidney Crosby too well to think that his current slump might be a long-term condition.
"It's just one of those things where he's in a rut right now," Recchi said after tallying his 900th career ...Read More
WELLINGTON, New Zealand - A sculpture of a New Zealand government minister crafted from cow manure sold for New Zealand dollars 3,080 ($2,220) on an auction Web site. The bust of New Zealand Environment Minister Nick Smith, sculpted as a ...Read More
Nov. 3 (Bloomberg) -- Viacom Inc., the owner of MTVNetworks and the Paramount Pictures film studio, said third-quarter profit rose 15 percent, more than analysts’ estimated,on higher box-office revenue and an easing advertising slump. Net income increased to $463 million, or ...Read More
PHILADELPHIA - Eli Manning refused to blame a sore foot or call whatever has befallen him a "slump." But his recent performance has had much to do with the Giants' three-game losing streak. "I'm not going to label it as that," he ...Read More
DETROIT - Ford Motor Co.'s hopes for a cost-cutting labor agreement grew dimmer, with two more United Auto Workers locals in Chicago rejecting the changes. Key local unions were scheduled to vote later Friday. Seventy-five percent of workers voting at Ford's ...Read More
NEW YORK (Dow Jones)--U.S. stocks remained sharply lower in the final hour of Friday's session, erasing Thursday's surge after the euphoria of the third-quarter's better-than-expected GDP growth wore off, leaving investors worried about the economy once again. The Dow Jones Industrial ...Read More
U.S. stocks slumped Friday afternoon, giving back all the gains won in Thursday's broad-based rally after futures-related sell programs kicked in as major indexes broke key support levels. The market was seeing profit taking on recent gains on last the ...Read More
HOUSTON (Dow Jones)--Chevron Corp.'s (CVX) profits fell 51.5% as oil and natural gas prices slump in the third-quarter, but the results bested analysts' expectations thanks to a jump in output and a sharp cut in operating costs. The second-largest U.S. oil ...Read More
The U.S. economy expanded in the third quarter after shrinking for four consecutive quarters, marking an apparent end to the worst recession since World War II. But the recovery is expected to be slow and painful, as companies shed jobs ...Read More
SEOUL-Samsung Electronics Co.'s third-quarter profit more than tripled from a year ago -to 3.72 trillion won ($3.14 billion), its highest quarterly profit ever-as its chip business soared to its highest operating profit in two years, joining strong performances in its ...Read More
TOKYO -- Brandname Japanese technology companies, including Nintendo, reported dismal earnings Thursday with Sharp emerging an exception in doubling profits on brisk sales of flat-panel TVs in China, Japan and the U.S.
Nintendo ( NTDOY.PK - news - people )'s first-half ...Read More
* Q3 oper profit 531.7 bln won, up 55 pct; below fcasts * Shipbuilding sector recovery not likely soon - analyst * Shares down 3.5 pct vs KOSPI's 1.5 pct loss (Adds details, analyst comments) SEOUL, Oct 29 (Reuters) - South Korea's Hyundai ...Read More
With revenue down slightly during its latest fiscal quarter, Symantec said Wednesday that it was starting to see some stabilization in enterprise spending. Symantec reported revenue of US$1.48 billion for its second fiscal quarter, which ended Oct. 2. That was ahead ...Read More
