Thursday, November 18, 2010

Google Alert - finance

News10 new results for finance
 
GM launching IPO, ending government majority stake
The Associated Press
DETROIT (AP) — General Motors is returning to life as a public company Thursday with a stock offering worth potentially $23 billion, ending the government's role as majority shareholder and closing a remarkable chapter in American corporate history. ...
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Honohan Says Ireland Likely to Tap `Substantial' EU-IMF Loan
Bloomberg
By Dara Doyle and Simone Meier - Thu Nov 18 09:46:19 GMT 2010 Nov. 18 (Bloomberg) -- Bloomberg's Elliott Gotkine reports from Dublin on European Union talks with Ireland on accepting a bailout for its national finances and the banking system. ...
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Sears loss widens on tepid sales
Reuters
NEW YORK (Reuters) - Sears Holdings Corp (SHLD.O) reported a larger quarterly loss, citing tepid sales of apparel and appliances at its namesake department stores. The company, which also operates Kmart discount stores, said its net loss widened to ...
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OECD cuts UK economic growth forecast
The Guardian
The Organisation for Economic Co-operation and Development has slashed its growth forecast for the UK next year, saying the government's deep spending cuts will increase the "headwinds" facing the economy. The Paris-based organisation welcomed the ...
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LSE Profit Gains 26%; to Offer Derivatives in 2011
BusinessWeek
By Nandini Sukumar Nov. 18 (Bloomberg) -- London Stock Exchange Group Plc, fighting to wrest back trading from new rivals, said fiscal first-half profit rose 26 percent, buoyed by listings and technology revenue and as the company began to stem the ...
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Can Mazda Afford to Go It Alone?
Wall Street Journal
By JAMES SIMMS Facing a Ford-less future, Mazda Motor is doing its best to go it alone. Ford Motor will sell down its stake in the Japanese auto maker. At 33% two years ago, Mazda said Thursday that Ford's stake will drop to 3.5% from the current 11%. ...
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Yuan Premium in Hong Kong Shrinks 77% as PBOC Provides Funds: China Credit
Bloomberg
By Patricia Lui - Thu Nov 18 09:18:26 GMT 2010 The premium paid for yuan in Hong Kong shrank 77 percent in the past month as monetary authorities made more of the currency available to ease a shortage. Yuan traded in Hong Kong closed yesterday at ...
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After Food, China Faces Bigger Inflation Challenge
ABC News
AP By JOE McDONALD AP Business Writer In this photo taken on Nov. 11, 2010, a vendor unloads vegetable from a truck at a vegetable... After announcing steps to curb surging food prices that are stoking public anger, China's leaders face the challenge ...
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ABC News
Lufthansa Says It Will Swap Second Trent 900 Engine on A380 Airbus Plane
Bloomberg
By Cornelius Rahn - Thu Nov 18 11:06:33 GMT 2010 Deutsche Lufthansa AG, Europe's second-biggest airline, will replace a second Rolls-Royce Group Plc engine on one of its Airbus SAS A380 planes after identifying a component that may be linked to a ...
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Staples 3Q Net Up 7.2% On Higher Sales, Margins
Wall Street Journal
Staples Inc.'s (SPLS) fiscal third-quarter profit rose 7.2% as sales and margins showed modest improvement. The office-supply sector has seen mixed results lately as persistently high unemployment rates pressure consumers--though Staples had managed to ...
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