Monday, October 18, 2010

Google Alert - finance

News9 new results for finance
 
Sales and Profit Surge for Apple, but Its Margins Slip
New York Times
By VERNE G. KOPYTOFF and ASHLEE VANCE SAN FRANCISCO — Strong sales of iPads, iPhones and even Mac computers produced record revenue and profit for Apple in its fourth quarter. An Apple store in New York. In the last quarter, Apple sold 4.2 million ...
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Bank of America to restart foreclosures in 23 states
Washington Post
By Zachary A. Goldfarb and Ariana Eunjung Cha Just 10 days after announcing a nationwide halt to foreclosure sales, Bank of America, the nation's largest bank, said Monday that it would begin resubmitting paperwork on Oct. 25 to restart foreclosures on ...
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IBM Beats Street; Shares Retreat on Weak Services
ABC News
By Ritsuko Ando A decline in services and outsourcing contracts signed in the quarter, a key indicator of future revenue growth, prompted some investors to take profits after the shares hit a historic high of $143.04 earlier in the day. ...
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J&J Voluntarily Recalls Tylenol Caplets Lot
TheStreet.com
By Michael Baron 10/18/10 - 09:36 PM EDT NEW YORK (TheStreet) -- Johnson & Johnson(JNJ) said Monday it's initiated a voluntary recall of a single lot of Tylenol 8-Hour caplets in response to complaints about a "musty or moldy odor. ...
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Citi's Good News Proves Reassuring
New York Times
By ANTONY CURRIE, JOHN FOLEY and UNA GALANI Vikram Pandit, chief executive of Citigroup, has snatched some of Jamie Dimon's market momentum. Mr. Dimon, who runs JPMorgan Chase, has lately been setting a comforting tone for the sector's earnings. ...
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Geithner Vows US Will Not Devalue Dollar
ABC News
By Jim Christie and David Lawder PALO ALTO, Calif./WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner vowed on Monday that the United States would not devalue the dollar for export advantage, saying no country could weaken its currency to gain ...
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Oil Tops $83, as Supplies Come Into Focus
Wall Street Journal
By JERRY A. DICOLO The US oil glut, one of the last checks standing in the way of higher crude prices, is in decline. Oil and fuel inventories are at a two-month low after retreating from a 27-year high hit in September. The drop may be the final push ...
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Snapshot of other pending utility mergers
BusinessWeek
By AP Northeast Utilities has agreed to acquire Nstar for $4.17 billion. Here are some of the other announced deals in the utilities sector that have yet to close. Investment firm Blackstone agreed to buy Dynegy, of Houston, for $4.7 billion in August. ...
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Vale Feasts On Emerging Markets, Stock Near New High
Forbes
Brazilian mining giant Vale held a press conference on Monday at the New York Stock Exchange where its CEO explained that the company will spend between $26 billion and $28 billion over the next two years to complete projects under way. ...
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