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FOREX-Dollar on track to snap five-week losing streak Reuters By Steven C. Johnson NEW YORK, Oct 22 (Reuters) - The dollar was on track Friday to snap a five-week losing streak against major currencies as traders took profits and the euro repeatedly ran into technical resistance above $1.40. ... See all stories on this topic » | ||
Verizon's Profit Drops 25% in Quarter New York Times By JENNA WORTHAM Verizon Communications reported a 25 percent drop in third-quarter profit on Friday, citing pension settlements resulting from layoffs and voluntary departures. Net income dipped to $881 million, or 31 cents a share, considerably lower ... See all stories on this topic » | ||
Treasuries Fluctuate Amid Speculation on Bond-Purchase Decision BusinessWeek By Susanne Walker Oct. 22 (Bloomberg) -- Treasuries fluctuated amid speculation about how much US debt the Federal Reserve may buy if it resumes asset purchases to spur the economy. US government securities rose earlier after Fed Bank of St. Louis ... See all stories on this topic » | ||
Honeywell 3Q Net Falls 18% On Pension Costs; 2010 View Raised Wall Street Journal By Doug Cameron and Nathan Becker Of DOW JONES NEWSWIRES Honeywell International Inc. (HON) executives said Friday that improved demand is expected to carry into 2011, though rising pension costs represent a strong headwind for the diversified US ... See all stories on this topic » | ||
Ericsson Gains From Mobile Broadband Growth In US Forbes Profits at the wireless-network maker beat expectations as operators like AT&T invest in its wireless networks. Shares of Ericsson shot up Friday after the Swedish wireless-network provider reported profits and sales that beat expectations, ... See all stories on this topic » | ||
GE to Buy Clarient in $587 Million Deal Wall Street Journal By JODI XU General Electric Co. has agreed to acquire Clarient Inc. for about $587 million as the conglomerate looks to build its disease-diagnosis capability. Clarient provides molecular diagnostics technologies, which provides precise information ... See all stories on this topic » | ||
Schlumberger's profit more than doubles MarketWatch By Steve Gelsi, MarketWatch NEW YORK (MarketWatch) — Oilfield and equipment giant Schlumberger Ltd. said Friday that its third-quarter profit more than doubled on an increase in North American drilling activity, although the company voiced ongoing ... See all stories on this topic » | ||
AIG Raises $17.8 Billion in Record Hong Kong Offering BusinessWeek By Cathy Chan, Bei Hu and Hugh Son Oct. 22 (Bloomberg) -- American International Group Inc. raised a record HK$138.3 billion ($17.8 billion) in the Hong Kong initial public offering of its main Asian unit, putting the bailed-out insurer on course to ... See all stories on this topic » | ||
KeyCorp Posts 3Q Profit of $178M ABC News AP By MEGHAN BARR AP Writer KeyCorp is reporting a profit for the third quarter in contrast to a loss a year ago, citing improved credit quality across its loan portfolios. CEO Henry L. Meyer III says the bank has been working to lower its risk profile ... See all stories on this topic » |
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