Tuesday, October 26, 2010

Google Alert - finance

News10 new results for finance
 
Ford's Success Story: Record Profits and Job Building
ABC News
By CHRIS BURY and JESSICA HOPPER Ford Motor Company's plan to add more than 1000 jobs at seven Michigan plants is proof that the Motor City, so hammered by this economy, is finally seeing early glimmers of a comeback. Ford, the only US automaker not to ...
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Glaxo Settles Defective Drug Suit for $750 Million
Bloomberg
GlaxoSmithKline Plc agreed to pay $750 million to settle a US government false-claims lawsuit over the sale of defective drugs. Glaxo, the UK's largest drugmaker, and the US Justice Department announced the accord today, resolving a lawsuit first filed ...
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Consumer Reports: General Motors makes strides in reliability
Detroit Free Press
By ZLATI MEYER The Detroit automaker improved its ratings in the Consumer Reports 2010 Annual Auto Survey more than any other American automaker. GM still ranks behind Toyota, Honda and Ford, according to the trusted magazine, which released its ...
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Berkshire Declines as Hedge-Fund Hire Raises Buffett Succession Questions
Bloomberg
By Andrew Frye - Tue Oct 26 18:55:45 GMT 2010 Berkshire Hathaway Inc. fell the most in two months after the hiring of an investment manager raised concerns that Chairman Warren Buffett's results would be difficult for his successors to duplicate. ...
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Summary Box: Bristol-Myers Beats Profit Forecast
ABC News
AP By AP BALANCING ACT: Slight spending cuts at drugmaker Bristol-Myers Squibb Co. are offset by flat sales, bigger government discounts and other factors, so third-quarter net income drops 2 percent to $949 million. BETTER THAN EXPECTED: Excluding ...
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DreamWorks Animation Net Doubles on `Shrek' Overseas
Bloomberg
By Rob Golum - Tue Oct 26 20:34:55 GMT 2010 June 7 (Bloomberg) -- Bloomberg's Betty Liu reports on breaking media news in today's edition of Media Monday. (Source: Bloomberg) DreamWorks Animation SKG Inc., producer of "Shrek Forever After," said ...
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Summary Box: Foreclosures Push Home Prices Down
ABC News
AP HOME PRICES FALL: Home prices are falling further, suggesting a bottom hasn't been reached in many metro areas. The Standard & Poor's/Case-Shiller 20-city home price index fell 0.2 percent in August from July. MOST CITIES DROP: Fifteen of the cities ...
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Massey Energy Swings To 3Q Loss; Cuts 2010 Output View
Wall Street Journal
Massey Energy Co. (MEE) swung to a third-quarter loss--its second in a row--on reduced production and increased costs attributed to tougher mine-safety standards. Shares fell 2.5% to $39.50 in after-hours trading as the results for the fourth-largest ...
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Kimberly-Clark's Third-Quarter Profit Fell 19%
New York Times
By AP The consumer products maker Kimberly-Clark said Tuesday that its third-quarter net income fell 19 percent as its costs rose in making its top-selling tissues and diapers. The also company cut its forecast for the full year. ...
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PRECIOUS METALS: Stronger Dollar Weighs On Comex Gold
Wall Street Journal
By Tatyana Shumsky Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--Comex gold futures eased as a stronger dollar and improved consumer confidence weighed on gold prices. The most actively traded contract, for December delivery, settled down 0.02%, ...
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