Business News: Most Viewed

Last update: 126 days, 13 hours ago

Vitaliy Katsenelson: Look to the margins when using the price/earnings ratio 2 May 08, 23:10 ET FT.com - I love the price/earnings ratio, but like all investment tools, it is flawed. This is because it is only as good as the numbers that go into it. more Microsoft, Yahoo could reach weekend deal: sources 2 May 08, 23:02 ET Reuters - Microsoft Corp and Yahoo Inc are making last-minute efforts to seal a deal before Microsoft takes its Yahoo bid hostile or abandons it altogether, sources familiar with the matter said on Friday. more Berkshire net income falls 64 percent because of derivatives 2 May 08, 19:55 ET AP - Berkshire Hathaway Inc. said Friday its first-quarter profit fell 64 percent because it recorded an unrealized $1.6 billion pretax loss on its derivative contracts, and its insurance businesses generated lower profits. more Ford to offer union buyouts at two U.S. plants 2 May 08, 19:10 ET Reuters - Ford Motor Co will offer buyouts to United Auto Workers union-represented hourly employees at plants in Chicago and Louisville, Kentucky, to try to trim its ranks, the company said on Friday. more Berkshire net off 64 pct on derivatives 2 May 08, 18:53 ET Reuters - Warren Buffett's Berkshire Hathaway Inc (BRKa.N)(BRKb.N) said on Friday that first- quarter profit tumbled 64 percent, hurt by losses tied to derivatives contracts and a steep slide in insurance premiums. more US slowdown affects Europe growth: French PM 2 May 08, 17:38 ET AFP - Visiting French Prime Minister Francois Fillon insisted here Friday that the French and European economies are sound, but that the US economic slowdown will effect Europe's growth. more Chevron's 1Q profit of $5.17B marks Big Oil's latest gusher 2 May 08, 17:18 ET AP - Astounding profits in the oil industry are becoming as routine as the anguished looks of motorists filling up their gas tanks. more Toyota recalls 90,000 Highlanders over seat belts 2 May 08, 17:06 ET Reuters - Toyota Motor Corp (7203.T) is recalling 90,000 model year 2008 Highlander and Highlander hybrid sport utility vehicles due to potential problems with securing child safety seats in third row seats. more IBM, Google Will Collaborate on Cloud Computing 2 May 08, 16:50 ET NewsFactor - Google and IBM committed to working more closely on cloud computing Thursday at IBM's Business Partnership Leadership Conference in Los Angeles. The companies said they were extending a joint research project that started last October. more Adobe's Open Screen Project Could be Too Late 2 May 08, 16:44 ET NewsFactor - In the wake of Thursday's announcement by Adobe Systems that it is launching the Open Screen Project to make it easier for developers to use the company's Flash technology on a variety of devices, the lingering question is whether the move simply comes too late. more Pfizer reaches deal with some Celebrex users: report 2 May 08, 16:38 ET Reuters - Pfizer Inc has reached tentative deals with some patients who claim to have suffered heart attacks and strokes from taking the company's Celebrex and Bextra pain medicines, the Wall Street Journal said on Friday, citing plaintiff attorneys. more Fed proposes reforming credit card practices 2 May 08, 15:23 ET Reuters - The Federal Reserve on Friday joined other U.S. banking regulators in backing new limits on certain billing practices by credit card companies. more Time for big oil to explore places it would rather avoid 2 May 08, 15:15 ET FT.com - Big oil was back in the spotlight this week and not just because petrol prices hit £5 a gallon on the forecourts. BP and Royal Dutch Shell both reported first-quarter results that smashed market forecasts and then enjoyed sharp share price gains. more Microsoft, Yahoo talks intensify: source 2 May 08, 15:11 ET Reuters - Microsoft Corp and Yahoo Inc have intensified talks in an effort to reach a friendly agreement on a buyout of Yahoo, a source familiar with the matter said on Friday. more US economic slowdown affects Europe growth: French PM 2 May 08, 14:11 ET AFP - French Prime Minister Francois Fillon insisted here Friday that the French and European economies are sound, but that the US economic slowdown will effect Europe's growth. more Stryker's biotech unit gets FDA warning letter 2 May 08, 14:01 ET Reuters - Stryker Corp said on Friday its biotechnology division received a warning letter from U.S. health regulators regarding quality systems and compliance issues at its Hopkinton, Massachusetts, location. more Cablevision submits $650 mln bid for Newsday: source 2 May 08, 13:57 ET Reuters - Cablevision Systems Corp has made a $650 million bid for Tribune Co's Newsday newspaper in an offer that includes a joint venture with Tribune, a source briefed on the matter said Friday. more Professional payrolls hold clues to job market 2 May 08, 13:35 ET Reuters - An April rebound in professional jobs such as health care and technology has boosted the spirits of staffing executives, although few of them see big job additions anytime soon. more GTA IV Helps Boost Sales of Video-Game Consoles 2 May 08, 12:58 ET NewsFactor - As most people are probably aware, 2008 is a presidential election year. One of the things political analysts will be looking at closely is whether the winning candidate has "coattails," or the ability to boost the vote totals of fellow party members running for the House and Senate. more Viacom profit rises on "Rock Band," MTV 2 May 08, 11:27 ET Reuters - Viacom Inc (VIAb.N) said on Friday quarterly net profit rose 33 percent, beating Wall Street forecasts, on strong sales of the "Rock Band" video game and higher advertising revenue at MTV Networks. more Oil prices rally as Turkey bombs Kurds in Iraq 2 May 08, 10:47 ET AFP - The price of oil climbed back towards 114 dollars on Friday on news that Turkish planes had bombed Kurdish rebel hideouts in oil-rich Iraq overnight, analysts said. more World's central banks boost liquidity to tackle credit crisis 2 May 08, 10:45 ET AFP - The US Federal Reserve announced Friday joint action with European banks to step up a battle against a persistent global credit crisis that has shackled lending and slowed the world economy. more Linens 'n Things files for bankruptcy protection 2 May 08, 10:15 ET AP - Bedding- and home-furnishing retailer Linens 'n Things on Friday filed for Chapter 11 bankruptcy protection, the latest major retailer to succumb to the difficult consumer environment. more Japan Airlines net profit twice as big as expected 2 May 08, 10:15 ET AFP - Japan Airlines said Friday its annual net profit was more than twice as large as expected after cost cuts helped Asia's largest carrier return to the black after two years of losses. more Government launches crackdown on unfair credit cards 2 May 08, 10:15 ET AP - The Federal Reserve and other regulators are moving Friday to crack down on "unfair and deceptive" practices in the credit card industry that have added billions in debt to people already struggling to cope with the economic downturn. more Linens 'n Things files for bankruptcy 2 May 08, 09:59 ET Reuters - Home goods retailer Linens 'n Things has filed for Chapter 11 bankruptcy protection and plans to close 120 underperforming stores, the company said on Friday. more Central banks extend liquidity lifeline to markets 2 May 08, 09:45 ET Reuters - Major central banks on Friday announced larger liquidity injections in a bid to wrestle down market interest rates as they extended joint efforts to tackle stubborn tensions on money markets. more Euro tumbles under 1.54 dollars 2 May 08, 09:28 ET AFP - The European single currency sank under 1.54 dollars on Friday following a better-than-expected jobs report in the United States, analysts said. more Fed expands liquidity operations to calm markets 2 May 08, 09:27 ET Reuters - The Federal Reserve on Friday announced steps to help ease persistent strains in credit markets, increasing the size of some cash auctions for financial institutions and the amount of U.S. dollars it provides to the European Central Bank and Swiss National Bank. more Linens files for Chapter 11, to close 120 stores 2 May 08, 09:18 ET Reuters - Home goods retailer Linens 'n Things on Friday said it filed for Chapter 11 bankruptcy protection and disclosed plans to close 120 underperforming stores. more Washington Post quarterly profit falls 2 May 08, 09:17 ET Reuters - The Washington Post Co posted a lower-than-expected quarterly profit on Friday as it took a charge for an early retirement program at its Newsweek magazine. more Job cuts in April less severe than feared 2 May 08, 09:04 ET Reuters - Employers cut jobs for a fourth straight month in April but not as vigorously as feared, according to a government report on Friday that also showed an unexpected improvement in the unemployment rate last month. more Chevron earnings up on record oil prices 2 May 08, 08:54 ET Reuters - Chevron Corp said on Friday its first-quarter earnings rose 10 percent as record oil prices outweighed weak profits from gasoline production. more Employers cut fewer jobs in April, jobless rate falls 2 May 08, 08:52 ET AP - Employers cut far fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent, a better-than-expected showing that nonetheless still revealed strains in the nation's crucial labor market. more Stock poised to rally after payroll report, Fed action 2 May 08, 08:50 ET AP - Wall Street was poised for a sharply higher open after the government reported that the nation's payrolls shrank less than expected and the Federal Reserve injected more liquidity into the financial system. more Futures extend gains after jobs data 2 May 08, 08:39 ET Reuters - Stock futures extended gains on Friday after a government report showed U.S. employers cut jobs for a fourth straight month in April, though not as vigorously as had been feared. more Jobs shed for 4th straight month 2 May 08, 08:34 ET Reuters - Employers cut jobs for a fourth straight month in April, though not as vigorously as feared, according to a government report on Friday that also showed an unexpected improvement in the unemployment rate last month. more Fed joins with European banks to battle credit crisis 2 May 08, 08:33 ET AP - The Federal Reserve announced Friday that it will expand a series of efforts to deal with the global credit crisis, in coordination with European central banks. more KBR 1Q profit more than tripled with arbitration award 2 May 08, 08:25 ET AP - Military contractor and construction and engineering firm KBR Inc. said Friday that first-quarter profit more than tripled, helped by a gain from an arbitration award. more KBR first-quarter net profit soars 2 May 08, 08:19 ET Reuters - KBR Inc , the engineering and construction company, said on Friday its first-quarter net profit more than tripled on a favorable arbitration award and strong results from its upstream business. more MTV owner Viacom reports 33 pct 1Q profit rise 2 May 08, 08:19 ET AP - Entertainment company Viacom Inc. reported a 33 percent rise in first-quarter earnings Friday, lifted by stronger sales of the "Rock Band" video game. more Safeguard Your Retirement in Hard Times 2 May 08, 08:08 ET BusinessWeek Online - Investment losses, job loss or downsizing, an upward adjustment on your adjustable rate mortgage, and higher prices on everything from gas for your car to rice for the table are only some of the current factors that could derail your financial planning for your golden years. more Strong Summer Rentals for the Hamptons 2 May 08, 08:08 ET BusinessWeek Online - Justin Sparr was worried that, with the economy slipping into recession, he might have to make concessions to find a good tenant for his four-bedroom house with an outdoor hot tub and private dock in the Hamptons, the traditional summer playground for celebrities, tycoons, and elite families. more Duke Energy earnings jump 30 percent 2 May 08, 07:55 ET Reuters - Power company Duke Energy Corp on Friday posted a 30 percent rise in first-quarter profit, beating Wall Street forecasts on gains in its utility and wholesale power businesses. more Oil prices rise above $113 a barrel 2 May 08, 07:18 ET AP - Oil prices bounced back above $113 a barrel in volatile trading Friday after falling sharply from the early-week record near $120 a barrel. more Thailand floats idea of rice cartel 2 May 08, 06:50 ET AP - Asian countries sought Friday to tame the spiraling rice market, with Thailand proposing an OPEC-style cartel for exporters and the Philippines shoring up supplies while aiming to end its status as the world's largest importer. more Conn AG credit probe covers Berkshire Hathaway: report 2 May 08, 05:28 ET Reuters - Billionaire investor Warren Buffett's Berkshire Hathaway (BRKa.N) is being examined as part of the Connecticut Attorney General's probe into conflicts of interest in the credit rating industry, the Financial Times reported on Friday. more Aloha cargo service gets green light to fly again 2 May 08, 03:07 ET AP - Aloha Airlines was cleared to resume cargo operations Thursday night under an agreement approved by a bankruptcy court judge. more Sony PSP outsells Nintendo DS 2-to-1 in Japan in April 2 May 08, 02:42 ET Reuters - Sony Corp's (6758.T) PlayStation Portable (PSP) handheld game gear outsold Nintendo Co Ltd's (7974.OS) DS portable player more than 2-to-1 in Japan in April, game magazine publisher Enterbrain said. more Ore. court rejects medical costs claim on tobacco industry 2 May 08, 01:24 ET AP - The same Oregon court that slapped Big Tobacco with a huge punitive damages award has handed the industry a victory by rejecting a class-action lawsuit for medical monitoring costs in a case where harm had yet to occur. more

Archives: [May, 03] [May, 02] [May, 01] [Apr, 30] [Apr, 29] [Apr, 28] [Apr, 27] [Apr, 26]