Business News Feeds |
- Abbott to cut 700 jobs even as profit rises
- Stock futures gain following Fed announcement
- Fed unlikely to raise rates until at least 2014
- Apple passes Exxon as most valuable company
- Davos elite: Capitalism has widened income gap
- Sales contracts for homes dip from 19-month high
- J.C. Penney gets rid of hundreds of sales
- United Continental posts narrower 4Q loss
- AT&T posts 4Q loss on charges; revenue increases
- 3M posts small profit increase in 4Q
- Davos leaders look to China's investments abroad
- Amgen to buy Micromet for $1.16 billion
- More seek unemployment aid, but trend is positive
- PepsiCo says 3 more brands hit $1B mark
- Illumina adopts takeover defense to ward off Roche
- Caterpillar 4Q profit rises, tops Wall St. view
- Nokia posts $1.38 billion loss in fourth quarter
- Pending home-sales index dropped 3.5% in December
- IBM helping cities fight crime by mining data
- Fed plans to hold rates down until late '14
- Sierra Nevada plans to open North Carolina brewery
- HP plans to release WebOS software by September
- Apple stock hits record after boost from earnings
- USDA releases new Plant Hardiness Zone Map
- Netflix posts profit that beats the Street
- JPMorgan Chase's sweet deal for China Basin space
- Obama plan could help refinance Bay Area mortgages
- AT&T posts big loss on hefty charges, iPhone costs (Reuters)
- Caterpillar continues strong run (Reuters)
- Will Elon Musk/Talulah Riley split harm Tesla?
- Time Warner Cable's Net Jumps
- Why Obama's Refinancing Plan Won't Pass Congress
- EasyJet Soars as Revenue Grows
- Obama to Unveil Energy Plans
- Consumers in the middle of Google-Facebook battle
- Super Bowl tickets starting at $2,800
- Jean-Claude Mas, Founder of Breast Implant Firm, Is Detained
- French election front-runner makes deficit pledge (AP)
- Carnival Needs To Show Itself, Says Brand Expert
- Stocks gain on earnings, Fed rate plans
- Colgate Profit Drops
- Fed's low interest rate pledge boosts markets (AP)
- New home sales fall in December (Reuters)
- Super Bowl Super Scams Cropping Up
- Nintendo sees first annual loss, cuts 3DS forecast (Reuters)
- Nokia Posts Loss
- Amgen to Buy Micromet
- NYSE chief sees little chance of Börse deal
- Campaign finance the Stephen Colbert way
- What Obama Said About Your Money in the State of the Union
- The Global Downturn Weighs on Shipowners and Banks
- BMC Software Should Get Back to $50
- Rendezvous Blog: Gates Foundation Moves to Close $750 Million Gap in Global Fund
- Pharmaceutical Earnings Outlook
- GM ad campaign comes to Volt's defense
- Stocks open higher on strong earnings
- 3M's Profit Edges Higher
- New Housing Task Force Takes Aim at Wall St.
- Daily Stock Market Activity
- AT&T posts loss on charges; revenue increases
- First-time unemployment claims climb
- Failed bid sinks AT&T earnings
- Merger Costs Weigh on United Continental
- Fed stance, earnings, data boost Wall Street (Reuters)
- United Continental posts $138-million loss
- Stocks Gain on Fed Rate Pledge, Earnings
- AT&T Swings to Loss
- Tobacco & Pipeline Stocks with High Yields
- United Continental Loss Narrows
- The iEconomy: Apple’s iPad and the Human Costs for Workers in China
- 10 Buy Rated Regional Bank Stocks (Update 1)
- DealBook: Futures Industry Sees Chance to Shape Oversight
- Analysts' Actions: BA, MCD, HES, NFLX, DAL
- Apple reserves ripe for spending
- Federal Reserve Ignites Gold Price Rally
| Abbott to cut 700 jobs even as profit rises Posted: 26 Jan 2012 06:57 PM PST Company's 4Q profit was up 12% Abbott Laboratories announced Wednesday that it is cutting 700 jobs in the United States and Puerto Rico as part of a restructuring effort in two of its manufacturing operations.
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| Stock futures gain following Fed announcement Posted: 26 Jan 2012 02:44 PM PST (01-26) 05:18 PST NEW YORK, (AP) -- Wall Street futures are rising a day after the U.S. Federal Reserve pledged to keep interest rates low until late 2014 to nurture the nation's stubbornly slow economic recovery. Dow...     | ||||
| Fed unlikely to raise rates until at least 2014 Posted: 26 Jan 2012 02:44 PM PST (01-25) 13:26 PST WASHINGTON, (AP) -- The Federal Reserve went further than ever Wednesday to assure consumers and businesses that they'll be able to borrow cheaply well into the future. The Fed pushed back the date for... | ||||
| Apple passes Exxon as most valuable company Posted: 26 Jan 2012 02:44 PM PST (01-25) 12:10 PST New York (AP) -- Apple has again surpassed Exxon as the most valuable U.S. company after an excellent quarter. Apple Inc.'s stock rose nearly 6 percent to $445.29 in midday trading Wednesday, bringing... | ||||
| Davos elite: Capitalism has widened income gap Posted: 26 Jan 2012 02:44 PM PST (01-25) 07:36 PST DAVOS, Switzerland (AP) -- A four-year economic crisis has left societies battered and widened the gap between the haves and have-nots, financial leaders conceded Wednesday _ with one suggesting that... | ||||
| Sales contracts for homes dip from 19-month high Posted: 26 Jan 2012 02:44 PM PST (01-25) 08:06 PST WASHINGTON (AP) -- The number of Americans who signed contracts to buy homes fell in December after hitting the highest level in a year and a half a month earlier. The National Association of Realtors... Presented By:
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| J.C. Penney gets rid of hundreds of sales Posted: 26 Jan 2012 02:44 PM PST (01-25) 14:21 PST NEW YORK, (AP) -- J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers no longer have to wait for sales to get bargains. Penney said Wednesday that it is... | ||||
| United Continental posts narrower 4Q loss Posted: 26 Jan 2012 02:44 PM PST (01-26) 06:24 PST , (AP) -- The parent company of United and Continental airlines posted a narrower fourth-quarter loss as the cost of integrating the companies fell. It also said it won't increase the amount of flying... | ||||
| AT&T posts 4Q loss on charges; revenue increases Posted: 26 Jan 2012 02:44 PM PST (01-26) 06:06 PST New York (AP) -- AT&T Inc. is still the home of the iPhone. It activated 7.6 million of them in the latest quarter, accounting for one out of every five iPhones sold globally. And AT&T remains heavily... | ||||
| 3M posts small profit increase in 4Q Posted: 26 Jan 2012 02:44 PM PST (01-26) 06:02 PST NEW YORK, (AP) -- 3M Co. said Thursday its profit inched 3 percent higher in the fourth-quarter as growth in products for the home, office and automobiles offset declines in its high-tech products. The... | ||||
| Davos leaders look to China's investments abroad Posted: 26 Jan 2012 02:44 PM PST (01-26) 05:58 PST DAVOS, Switzerland (AP) -- Chinese investment abroad is drawing scrutiny as global leaders increasingly look to China to prop up the world economy, even as some remain wary of the country's dominance.... | ||||
| Amgen to buy Micromet for $1.16 billion Posted: 26 Jan 2012 02:44 PM PST (01-26) 05:55 PST NEW YORK, (AP) -- Amgen Inc. said Thursday that it is buying Micromet Inc., a developer of cancer therapies, for $1.16 billion in cash in a bid to boost its oncology pipeline. Amgen, the world's... | ||||
| More seek unemployment aid, but trend is positive Posted: 26 Jan 2012 02:44 PM PST (01-26) 05:46 PST WASHINGTON, (AP) -- The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, after a nearly four-year low the previous week. The Labor Department said... | ||||
| PepsiCo says 3 more brands hit $1B mark Posted: 26 Jan 2012 02:44 PM PST (01-26) 05:29 PST Purchase, N.Y. (AP) -- PepsiCo Inc. is announcing two weeks before it reports its quarterly results that three more of its brands have surpassed $1 billion in annual revenue. The nation's largest food... | ||||
| Illumina adopts takeover defense to ward off Roche Posted: 26 Jan 2012 02:44 PM PST (01-26) 05:06 PST SAN DIEGO, (AP) -- Diagnostics company Illumina Inc. said Thursday that it is adopting a "poison pill" takeover defense in the wake of an unsolicited buyout overture by Swiss drugmaker Roche. On... | ||||
| Caterpillar 4Q profit rises, tops Wall St. view Posted: 26 Jan 2012 02:44 PM PST (01-26) 06:41 PST Peoria, Ill. (AP) -- Caterpillar Inc. said Thursday that its fourth-quarter profit jumped 60 percent, boosted by pent-up demand for replacement equipment and continuing economic growth in developing... | ||||
| Nokia posts $1.38 billion loss in fourth quarter Posted: 26 Jan 2012 02:44 PM PST (01-26) 04:57 PST HELSINKI, Finland (AP) -- Mobile phone maker Nokia Corp. on Thursday posted a fourth-quarter net loss of euro1.07 billion ($1.38 billion) as sales slumped 21 percent even as the company's first Windows... | ||||
| Pending home-sales index dropped 3.5% in December Posted: 26 Jan 2012 02:44 PM PST Number of the day 3.5% That's how much an index of pending home sales fell last month after it jumped a combined 18 percent in October and November, according to the National Association of Realtors. The index, which... | ||||
| IBM helping cities fight crime by mining data Posted: 26 Jan 2012 02:44 PM PST IBM is tackling crime in Las Vegas and Rochester, Minn., where police departments have turned to high-tech analytics to forecast crime "hot spots" and pursue leads quickly. Software analytics is being used to help... | ||||
| Fed plans to hold rates down until late '14 Posted: 26 Jan 2012 02:44 PM PST The Federal Reserve said Wednesday that it was likely to raise interest rates at the end of 2014, but not until then, adding another 18 months to the expected duration of its most basic and longest-running response to... | ||||
| Sierra Nevada plans to open North Carolina brewery Posted: 26 Jan 2012 02:44 PM PST BEVERAGES Sierra Nevada heading east Chico craft beer maker Sierra Nevada Brewing Co. is opening a production site in North Carolina to expand its East Coast reach. The company said Wednesday it's chosen a site along... | ||||
| HP plans to release WebOS software by September Posted: 26 Jan 2012 02:44 PM PST SOFTWARE HP may release WebOS system by September Hewlett-Packard plans to release its WebOS mobile operating system as open-source software by September, relying on the same approach to licensing that Google Inc. uses... | ||||
| Apple stock hits record after boost from earnings Posted: 26 Jan 2012 02:44 PM PST Apple shares rose to a record after quarterly profit more than doubled as holiday demand for the iPhone and iPad cemented its position as the most valuable technology company. Apple's stock gained 6.2 percent to $446.66... | ||||
| USDA releases new Plant Hardiness Zone Map Posted: 26 Jan 2012 02:44 PM PST A new Plant Hardiness Zone Map released by the federal government Wednesday shows that temperatures across the country are getting warmer and could affect gardens and crops. The map is designed to help the estimated 80... | ||||
| Netflix posts profit that beats the Street Posted: 26 Jan 2012 02:44 PM PST Netflix on Wednesday posted better-than-expected fourth quarter results, reversing the overall tide of customers who fled the online video service last year after it botched a price increase and branding change. Still,... | ||||
| JPMorgan Chase's sweet deal for China Basin space Posted: 26 Jan 2012 02:44 PM PST We have a new reigning champion of office property deals in San Francisco. JPMorgan Chase Asset Management has bought a majority stake - an overwhelming majority stake - in China Basin Landing for $415 million. That... | ||||
| Obama plan could help refinance Bay Area mortgages Posted: 26 Jan 2012 02:44 PM PST The Obama administration plans to unveil in the next few weeks a new proposal to let homeowners who are current on their mortgage refinance quickly and easily, even if they owe more than their homes are worth and their... | ||||
| AT&T posts big loss on hefty charges, iPhone costs (Reuters) Posted: 26 Jan 2012 07:22 AM PST
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| Caterpillar continues strong run (Reuters) Posted: 26 Jan 2012 07:19 AM PST Reuters - Caterpillar Inc reported a 58 percent rise in quarterly earnings on Thursday that blew away Wall Street expectations and it projected strong growth for 2012 despite global economic uncertainly. | ||||
| Will Elon Musk/Talulah Riley split harm Tesla? Posted: 26 Jan 2012 07:19 AM PST As if electric-car maker doesn't have enough to worry about, now comes another divorce for its entrepreneurial CEO Elon Musk.
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| Posted: 26 Jan 2012 07:15 AM PST Time Warner Cable's earnings rose 44% on higher revenue from residential high-speed data and voice services as the cable provider raised its quarterly dividend by 17% and unveiled a $4 billion stock buyback program.
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| Why Obama's Refinancing Plan Won't Pass Congress Posted: 26 Jan 2012 07:15 AM PST NEW YORK (MainStreet) -- If you're a homeowner, the White House wants to chop $3,000 off your monthly mortgage payments -- even if you're current on them. You won't even have to go through those controversy-courting government-sponsored mortgage providers Fannie Mae or Freddie Mac. Most homeowners are probably ready to sign up for such a deal no questions asked, but the analysts who are asking questions aren't very optimistic. The president's proposal to help underwater homeowners was short on details. Overall, President Barack Obama's "January Surprise" would focus on underwater homeowners -- a big problem in the U.S. today. According to real estate Web site Zillow.com, about 28% of all U.S. homes are officially underwater -- meaning they owe more on their mortgages than their homes are worth. But millions more own homes that are just above water, keeping them from selling, refinancing, or otherwise adding to the economy. ... | ||||
| EasyJet Soars as Revenue Grows Posted: 26 Jan 2012 07:12 AM PST No-frills U.K. airline easyJet said its profitability is improving thanks to strong first-quarter revenue growth and an unexpectedly modest rise in non-fuel expenses.
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| Posted: 26 Jan 2012 07:11 AM PST Obama is set to announce a pair of measures to advance the "all of the above" energy agenda he laid out in his State of the Union address.
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| Consumers in the middle of Google-Facebook battle Posted: 26 Jan 2012 07:11 AM PST Google and Facebook have repeatedly insisted that planned changes are intended strictly to improve users' experiences.
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| Super Bowl tickets starting at $2,800 Posted: 26 Jan 2012 07:10 AM PST Haven't made your plans yet to head to Indianapolis for the Super Bowl? Hope your credit card has some room on it -- tickets are going to cost you thousands of dollars over face value. | ||||
| Jean-Claude Mas, Founder of Breast Implant Firm, Is Detained Posted: 26 Jan 2012 07:07 AM PST Jean-Claude Mas, the founder of a French company that made hundreds of thousands of breast implants from industrial-grade silicon was detained early on Thursday. | ||||
| French election front-runner makes deficit pledge (AP) Posted: 26 Jan 2012 07:06 AM PST
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| Carnival Needs To Show Itself, Says Brand Expert Posted: 26 Jan 2012 07:06 AM PST Karen Post, author of Brand Turnaround, says Carnival needs to establish more of a presence in the wake of the Costa Concordia disaster.  | ||||
| Stocks gain on earnings, Fed rate plans Posted: 26 Jan 2012 07:05 AM PST Investors in a buying mood on strong corporate profits and the Fed's plan to keep interest rates low until late 2014.
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| Posted: 26 Jan 2012 07:05 AM PST Colgate-Palmolive's fourth-quarter profit fell 5.4% as higher prices and savings were unable to fully offset rising costs.
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| Fed's low interest rate pledge boosts markets (AP) Posted: 26 Jan 2012 07:04 AM PST
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| New home sales fall in December (Reuters) Posted: 26 Jan 2012 07:04 AM PST Reuters - New single-family home sales unexpectedly fell in December for the first time in four months and the median home price dropped, dampening some of the hopes the housing sector will boost the economy this year. | ||||
| Super Bowl Super Scams Cropping Up Posted: 26 Jan 2012 07:03 AM PST NEW YORK (MainStreet) -- The Super Bowl is best thought of as a time to rekindle old rivalries and eat more than 1 billion chicken wings (seriously), but the big game also tends to bring scammers out of the woodwork. All of the overzealous football fans in search of tickets and travel accommodations make good marks, but the Better Business Bureau looks to change that with some tips on how to avoid becoming a victim. The Super Bowl is a popular time for scammers to take advantage of over-zealous fans. Verify ticket-sellers and travel agencies with your local BBB. The BBB says it got 1,957 complaints against ticket sellers last year, with most alleging that tickets were misrepresented, not delivered within the estimated timeframe or never delivered at all. All it takes is a quick check on your local BBB Web site to see that the seller (and, similarly, the travel agency) you're thinking of using is in good standing. ... | ||||
| Nintendo sees first annual loss, cuts 3DS forecast (Reuters) Posted: 26 Jan 2012 07:02 AM PST
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| Posted: 26 Jan 2012 07:01 AM PST Finland's Nokia reported a third-consecutive quarterly loss as sales slumped 21% and it warned 2012 would be another year of transition. CEO Stephen Elop said the company had sold "well over" one million of its Lumia handsets using Windows software.
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| Posted: 26 Jan 2012 07:00 AM PST Amgen agreed to acquire biotechnology company Micromet for about $1.16 billion as Amgen looks to expand its oncology platform.
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| NYSE chief sees little chance of Börse deal Posted: 26 Jan 2012 06:59 AM PST Duncan Niederauer says there is only a 'glimmer of hope' that Deutsche Börse tie-up will succeed | ||||
| Campaign finance the Stephen Colbert way Posted: 26 Jan 2012 06:56 AM PST Is Stephen Colbert a comedian, political candidate or professor of campaign finance law? | ||||
| What Obama Said About Your Money in the State of the Union Posted: 26 Jan 2012 06:56 AM PST NEW YORK (MainStreet) -- Much of President Barack Obama's third State of the Union speech focused on broad goals to keep the country strong and competitive, but the president did mention a few specific proposals that could have a tangible impact on how Americans find jobs and save money. Here are a few of the highlights: Tuition reform There's no doubt student loan debt is quickly becoming one of the biggest crises in this country, which is why we were particularly pleased to hear the president put pressure on universities to bring down tuition costs by threatening to withhold federal funding from those that don't. The president called for tuition reform, mortgage assistance and job training programs Tuesday night. "Let me put colleges and universities on notice: If you can't stop tuition from going up, the funding you get from taxpayers will go down," the president said in his speech. "Higher education can't be a luxury -- it is an economic imperative that every family in America should be able to afford." ... | ||||
| The Global Downturn Weighs on Shipowners and Banks Posted: 26 Jan 2012 06:55 AM PST Vessels bought during the global commodity boom are only now being delivered, putting pressure on the European banks that financed the purchases. | ||||
| BMC Software Should Get Back to $50 Posted: 26 Jan 2012 06:54 AM PST The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (MagicDiligence.com) -- MagicDiligence posted an article last week comparing four enterprise software companies currently listed in Magic Formula Investing: Oracle , BMC Software , CA , and Microsoft . The conclusion was that Oracle was the best-looking stock in the bunch, but that all were attractive. This remains the case for BMC Software. Let's take a closer look at this interesting stock. ... Click to view a price quote on BMC. Click to research the Computer Software & Services industry. | ||||
| Rendezvous Blog: Gates Foundation Moves to Close $750 Million Gap in Global Fund Posted: 26 Jan 2012 06:53 AM PST The Bill & Melinda Gates Foundation said on Thursday that it was committing an additional $750 million to the Global Fund to Fight AIDS, Tuberculosis and Malaria. Mr. Gates, co-chairman of the foundation, the world's largest charity, said the group would make the money available immediately. | ||||
| Pharmaceutical Earnings Outlook Posted: 26 Jan 2012 06:51 AM PST Investors should watch for foreign exchange and its impact on these companies.  | ||||
| GM ad campaign comes to Volt's defense Posted: 26 Jan 2012 06:50 AM PST Now that the National Highway Traffic Safety Admin station has closed its investigation into vehicle fires in the Chevrolet Volt, General Motors is left to clean up the public relations damage. | ||||
| Stocks open higher on strong earnings Posted: 26 Jan 2012 06:49 AM PST U.S. stocks opened higher Thursday as investors welcomed strong corporate earnings results and kept an eye on ongoing debt talks in Greece. | ||||
| Posted: 26 Jan 2012 06:49 AM PST 3M's earnings rose a better-than-expected 2.8% with strong growth in its industrial and transportation segment, but its display and graphics unit continued to post weaker sales.
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| New Housing Task Force Takes Aim at Wall St. Posted: 26 Jan 2012 06:48 AM PST A new federal task force looking into fraud related to the housing crisis will begin by looking at big banks and investment firms on Wall Street. | ||||
| Posted: 26 Jan 2012 06:48 AM PST Stocks rose after the Federal Reserve's promise Wednesday to keep interest rates low until late 2014. | ||||
| AT&T posts loss on charges; revenue increases Posted: 26 Jan 2012 06:47 AM PST AT&T Inc. is still the home of the iPhone. It activated 7.6 million of them in the latest quarter, accounting for one out of every five iPhones sold globally.
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| First-time unemployment claims climb Posted: 26 Jan 2012 06:46 AM PST After plunging the week before, first-time claims for unemployment benefits ticked up last week. | ||||
| Failed bid sinks AT&T earnings Posted: 26 Jan 2012 06:46 AM PST Charges, including the $4bn break fee from its failed bid for T-Mobile's US operations, dragged the telecom company from net income of $1.1bn to a $6.7bn net loss in the fourth quarter | ||||
| Merger Costs Weigh on United Continental Posted: 26 Jan 2012 06:45 AM PST The nation's top carrier narrowed its fourth-quarter net loss to $138 million from a year ago, but still blamed 2010's merger for much of the red ink. | ||||
| Fed stance, earnings, data boost Wall Street (Reuters) Posted: 26 Jan 2012 06:44 AM PST
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| United Continental posts $138-million loss Posted: 26 Jan 2012 06:43 AM PST The parent company of United and Continental airlines posted a narrower fourth-quarter loss as the cost of integrating them fell.
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| Stocks Gain on Fed Rate Pledge, Earnings Posted: 26 Jan 2012 06:43 AM PST NEW YORK (TheStreet) -- U.S. stocks opened higher Thursday after the Federal Reserve's announcement to leave interest rates low for an extended period and strong earnings from several corporate heavyweights. The Dow Jones Industrial Average rose 81.2 points, or 0.6%, at 12,757. The S&P 500 was up 3.8 points, or 0.3%, at 1330, and the Nasdaq was up 8.8 points, or 0.3%, at 2827. Stocks closed higher on Wednesday after the Federal Open Market Committee announced its decision to hold interest rates low until late 2014. ... Click to view a price quote on ^DJI. | ||||
| Posted: 26 Jan 2012 06:42 AM PST AT&T posted a nearly $6.7 billion loss reflecting costs for its failed T-Mobile bid, but its revenue rose 3.6% on subscriber growth.
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| Tobacco & Pipeline Stocks with High Yields Posted: 26 Jan 2012 06:41 AM PST
It may seem tough, but it is possible to find stocks with both high yields and strong growth prospects, says James Wong, portfolio manager for the Payden Value Leaders fund . For example, in the energy space, Wong says natural gas and oil pipeline player Enbridge Energy fits the bill quite nicely. "It has a yield of about 7% and it has consistently increased its dividend over the past 20 years. The company is a nice cash cow and that's hard to beat in this environment," says Wong. ... Click to view a price quote on PYVLX. | ||||
| United Continental Loss Narrows Posted: 26 Jan 2012 06:40 AM PST United Continental narrowed its fourth-quarter loss on stronger revenue and lighter integration costs to combine its two airlines.
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| The iEconomy: Apple’s iPad and the Human Costs for Workers in China Posted: 26 Jan 2012 06:39 AM PST A staggering manufacturing system in China has made it possible for Apple and other companies to make devices almost as quickly as they can be dreamed up, but for workers, it can be dangerous. | ||||
| 10 Buy Rated Regional Bank Stocks (Update 1) Posted: 26 Jan 2012 06:37 AM PST Updated with new comments and a ratings downgrade for Trustmark, from Morgan Keegan analyst Ebrahim Poonwala. NEW YORK (TheStreet) -- TheStreet Ratings has identified 10 buy-rated regional bank stocks, with strong capital, consistent earnings, and competitive long-term performance. While sell-side analysts have been pushing bargain bank stocks trading at low multiples to book value and earnings, TheStreet Ratings places its emphasis on long-term total returns, as well as revenue trends and capital strength and dividends, while also considering short-term performance, financial stability and volatility. ... Click to view a price quote on BAC. Click to research the Banking industry. | ||||
| DealBook: Futures Industry Sees Chance to Shape Oversight Posted: 26 Jan 2012 06:36 AM PST Worried about government overreach after MF Global's demise, futures executives want to have a hand in greater industry oversight. | ||||
| Analysts' Actions: BA, MCD, HES, NFLX, DAL Posted: 26 Jan 2012 06:36 AM PST NEW YORK (TheStreet) -- CHANGE IN RATINGS Automatic Data downgraded at Wells to Market Perform, Wells Fargo said. Valuation call. Estimates also cut, to match the company's new guidance. Automatic Data Processing downgraded at Citigroup to Neutral from Buy, Citigroup said. $60 price target. Valuation call. ... Click to view a price quote on CHK. Click to research the Energy industry. | ||||
| Apple reserves ripe for spending Posted: 26 Jan 2012 06:35 AM PST The tech company's $100bn in cash could be spent in a variety of ways | ||||
| Federal Reserve Ignites Gold Price Rally Posted: 26 Jan 2012 06:35 AM PST
NEW YORK (TheStreet ) -- Gold prices were climbing higher Wednesday, still bathed in the afterglow of the Federal Reserve's commitment to cheap money through late 2014. Gold for February delivery was popping $28 at $1,728.10 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as $1,730.50 and as low as $1,703 an ounce while the spot price was adding $13, according to Kitco's gold index. ... Click to view a price quote on ABX. Click to research the Metals & Mining industry. |
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