Thursday, October 28, 2010

Google Alert - finance

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Jobless Claims in US Unexpectedly Drop To Three-Month Low
Bloomberg
By Courtney Schlisserman - Thu Oct 28 12:48:23 GMT 2010 Initial jobless claims decreased by 21000 to 434000 in the week ended Oct. 23, the lowest since early July. Photographer: Jim R. Bounds/Bloomberg Oct. 28 (Bloomberg) -- Applications for US ...
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Motorola Rises Most in Two Months as Profit Tops Estimates on Droid Phones
Bloomberg
By Hugo Miller - Thu Oct 28 14:05:51 GMT 2010 The Motorola i1 smartphone, which will be the first push-to-talk phone running Google Inc.'s Android operating system. Photographer: Jacob Kepler/Bloomberg Sanjay Jha, co-chief-executive officer of Motorola ...
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Nissan Recalls 2.14 Million Autos Globally to Fix Flaw That Stalls Engines
Bloomberg
By Makiko Kitamura - Thu Oct 28 06:27:19 GMT 2010 In Japan, Nissan will repair nine models, including the March, Note and Tiida compact cars, and will recall 834759 vehicles. Photographer: Haruyoshi Yamaguchi/Bloomberg Nissan Motor Co., Japan's third ...
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Cost cuts boost OfficeMax margins; sales grim
Reuters
By Dhanya Skariachan NEW YORK (Reuters) - OfficeMax Inc (OMX.N) reported a higher-than-expected quarterly profit on Thursday as cost controls boosted margins and offset weak sales, sending shares of the office supplies retailer up 14 percent. ...
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Mortgage Rate for 30-Year U.S. Loans Rises to 4.23%
Bloomberg
By Prashant Gopal - Thu Oct 28 14:21:37 GMT 2010 Mortgage rates for US loans climbed for the second straight week, increasing borrowing costs as homeowners seek to refinance and the housing market struggles to recover from a slump. ...
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Exxon Mobil Profit Rises as Demand Growth Boosts Energy Prices
Bloomberg
By Joe Carroll - Thu Oct 28 12:03:21 GMT 2010 Third-quarter net income rose 55 percent to $7.35 billion, or $1.44 a share, from $4.73 billion, or 98 cents, a year earlier, Irving, Texas-based Exxon said in a statement today. ...
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Stryker to Buy Boston Scientific Unit
Wall Street Journal
By JON KAMP Stryker Corp. is spending $1.5 billion to buy a neurovascular-device business of Boston Scientific Corp. that has recently seen declining sales, but Stryker believes the business will get back to market-growth rates by 2012, officials said ...
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3M Tops Views On Bottom Line But Cannot Stick To Earlier Profit Forecast
Forbes
Earnings per share exceed analysts' estimates for the third quarter but dilution will take its toll. Diversified manufacturer 3M ( MMM - news - people ) on Thursday said its third quarter profit jumped 13% from last year, beating analyst expectations, ...
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US STOCKS SNAPSHOT-Wall St opens up as jobless claims fall
Reuters
NEW YORK Oct 28 (Reuters) - Wall Street rose at the open on Thursday, boosted by a lower dollar and data showing new jobless claims fell to their lowest level in three months. The Dow Jones industrial average .DJI gained 39.51 points, or 0.36 percent, ...
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