Thursday, October 28, 2010

Google Alert - finance

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Easing Uncertainty Pushes Dollar Lower
Wall Street Journal
By NICK HASTINGS LONDON—Speculation over the size and the possible impact of further US quantitative easing next week pushed the dollar a little lower Thursday. The euro and yen also retreated from earlier highs amid concerns over a possible split ...
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Shell Says Repercussions of US Drilling Moratorium Could Last Into 2012
Bloomberg
By Fred Pals and Eduard Gismatullin - Thu Oct 28 10:53:51 GMT 2010 Oct. 28 (Bloomberg) -- James Bevan, chief investment officer at CCLA Investment Management, talks about Banco Santander SA's dividend policy and Royal Dutch Shell Plc's earnings. ...
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Nissan recalls 2 million vehicles worldwide
The Associated Press
TOKYO (AP) — Nissan is recalling 2.14 million vehicles worldwide including the popular March and Mycra subcompacts for an ignition problem that may stall the engine — its third-largest recall ever. No accidents have been reported that are suspected of ...
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Nintendo reports loss as sales fall
BBC News
Nintendo has reported a half-year loss after being hit by falling sales and the high value of the yen, which lowers its overseas earnings. The Japanese computer games firm posted a net loss of 2bn yen ($24.7m; £15.6m) for the six months to 30 September ...
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Bank also details asset buys, moves up November meeting
MarketWatch
By Lisa Twaronite, MarketWatch TOKYO (MarketWatch) — The Bank of Japan's policy board decided Thursday to leave its key overnight call rate unchanged, as widely expected, offered details of its asset-buying program and cut its growth outlooks. ...
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Lufthansa's Austrian, BMI Units Log First Post-Purchase Profits
BusinessWeek
By Cornelius Rahn Oct. 28 (Bloomberg) -- Deutsche Lufthansa AG's Austrian Airlines and British Midland units posted a quarterly profit for the first time since their purchase last year after the German carrier slashed jobs and imposed new strategic ...
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TSMC Predicts Sales, Margin Surpassing Estimates on Chip Demand
BusinessWeek
By Tim Culpan Oct. 28 (Bloomberg) -- Taiwan Semiconductor Manufacturing Co., the world's largest contract manufacturer of chips, forecast fourth-quarter sales and profitability that beat analysts' estimates as demand for electronics climbs. ...
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Sanofi's Viehbacher Rules Out $80-a-Share Offer for Genzyme
Bloomberg
By Albertina Torsoli - Thu Oct 28 09:43:22 GMT 2010 Sanofi-Aventis SA, France's biggest drugmaker, won't raise its $69-a-share offer for Genzyme Corp. to $80, Sanofi Chief Executive Officer Chris Viehbacher said. Following are comments he made today ...
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Daimler Beats Expectations With Strong Profit
New York Times
By DAVID JOLLY Daimler, the German maker of Mercedes-Benz cars, reported a third-quarter net profit that handily beat market expectations Thursday and said it was revising upward its 2010 forecasts. The profit of €1.6 billion, or $2.2 billion, ...
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AstraZeneca's US sales tumble as generics bite
Reuters
By Ben Hirschler LONDON (Reuters) - AstraZeneca's revenue fell 4 percent in the third quarter, hit by generic competition to key drugs -- particularly in the United States -- and the absence of last year's windfall sales of swine flu vaccine. ...
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