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Business Spectator
Low oil prices starting to hurt global economy: OPECThe lowest crude-oil prices in a decade are starting to hurt the global economy
Low oil prices starting to hurt global economy: OPEC
Business Spectator / Posted a minute ago
The lowest crude-oil prices in a decade are starting to hurt the global economy and aren't increasing consumer demand for gasoline and other petroleum products as much as expected, OPEC said on Wednesday. The Organisation of the Petroleum Exporting... Read more
1m
Business Spectator
Gold prices reverse on profit-takingGold prices were lower on the London spot market Wednesday, as traders took pro
Gold prices reverse on profit-taking
Business Spectator / Posted a minute ago
Gold prices were lower on the London spot market Wednesday, as traders took profit following a recent price rally that saw the metal touch a key trading level. Spot gold was down 0.4 per cent at $US1,184.22 a troy ounce in mid-morning European... Read more
2m
CBS 19 Tyler
French supermarkets must now donate unsold food to charity(USA TODAY) - France became the first nation in the world to ban supermarkets f
French supermarkets must now donate unsold food to charity
CBS 19 Tyler / Posted 2 minutes ago
(USA TODAY) - France became the first nation in the world to ban supermarkets from wasting food under a new law this month. Large grocery stores must now donate unsold food to charities, the Guardian reports, a move that will result in millions more... Read more
2m
USA Today
Elon Musk just lost $3.3B on a double whammyIt's been an ugly stock market for most investors. But famed inventor and inves
Elon Musk just lost $3.3B on a double whammy
USA Today / Posted 2 minutes ago
It's been an ugly stock market for most investors. But famed inventor and investor Elon Musk is having an exceptionally bad year - not just on one investment - but two. Musk's holdings in solar panel installer SolarCity (SCTY) and electric car maker... Read more
2m
USA Today
U.S. stocks point up in pre-market ahead of Yellen testimonyGeoffrey Yu, strategist at UBS Wealth Management, discusses what he expects to
U.S. stocks point up in pre-market ahead of Yellen testimony
USA Today / Posted 2 minutes ago
Geoffrey Yu, strategist at UBS Wealth Management, discusses what he expects to hear from Fed Chair Janet Yellen and markets pricing-in possible timing for a Fed rate hike. He speaks with Guy Johnson on Bloomberg Television's "On The Move."... Read more
3m
SKY News
Europe Stocks Recover Despite New Asia PlungeEuropean stock markets including the FTSE 100 have rallied following days of lo
Europe Stocks Recover Despite New Asia Plunge
SKY News / Posted 3 minutes ago
European stock markets including the FTSE 100 have rallied following days of losses as investors look to snap up bargain stocks. It was a nervous opening after Japan's Nikkei fell 2.3% by the close on Wednesday - on top of a 5.4% decline during the... Read more
4m
Los Angeles Times
What to watch for in Tesla Motors' quarterly resultsInvestors will be paying close attention because the electric-car maker’s stock
What to watch for in Tesla Motors' quarterly results
Los Angeles Times / Posted 4 minutes ago
Investors will be paying close attention because the electric-car maker’s stock has tumbled 38% so far this year amid concerns about early sales of Tesla’s new sport utility vehicle, the Model X, and the outlook for its planned mass-market car, the... Read more
5m
WZZM 13 Grand Rapids
Stocks point up ahead of Yellen testimonyU.S. stocks, which finished virtually unchanged yesterday in what has been a ro
Stocks point up ahead of Yellen testimony
WZZM 13 Grand Rapids / Posted 5 minutes ago
U.S. stocks, which finished virtually unchanged yesterday in what has been a rough start to 2016, were pointing higher in pre-market trading ahead of Federal Reserve Chair Janet Yellen's testimony to U.S. lawmakers, which could shed light on the... Read more
77 related stories
5m
Juneau Empire
Legislator's plan promises to halve state's swelling deficitFor 13 months, Sen. Lesil McGuire, R-Anchorage, has been working on a plan to u
Legislator's plan promises to halve state's swelling deficit
Juneau Empire / Posted 5 minutes ago
For 13 months, Sen. Lesil McGuire, R-Anchorage, has been working on a plan to use Permanent Fund earnings to partially balance Alaska’s state budget. On Tuesday, she finally unveiled the proposal, which could halve the state’s nearly $4 billion... Read more
7m
The Star
Petronas Gas, Sabah Energy scrap LNG regasification projectA 2011 file photo of Petroliam Nasional Bhd's LNG complex in Bintulu, Sarawak.
Petronas Gas, Sabah Energy scrap LNG regasification project
The Star / Posted 7 minutes ago
A 2011 file photo of Petroliam Nasional Bhd's LNG complex in Bintulu, Sarawak. KUALA LUMPUR: Petronas Gas Bhd (PGas) and Sabah state-owned Sabah Energy Corp Sdn Bhd (SEC) have scrapped their proposed joint-venture to construct and develop liquefied... Read more
7m
Market Watch
Vonovia fails in backing for Deutsche Wohnen bidFRANKFURT--German real-estate company Vonovia SE said Wednesday that it hasn't
Vonovia fails in backing for Deutsche Wohnen bid
Market Watch / Posted 7 minutes ago
FRANKFURT--German real-estate company Vonovia SE said Wednesday that it hasn't reached the necessary threshold for its bid for Deutsche Wohnen AG to proceed, bringing to an end a bitter wrangle between the country's two biggest landlords. When the... Read more
7m
Market Watch
Time Warner beats estimates, raises dividendTime Warner Inc. offered an upbeat forecast for the year after topping earnings
Time Warner beats estimates, raises dividend
Market Watch / Posted 7 minutes ago
Time Warner Inc. offered an upbeat forecast for the year after topping earnings expectations in its fourth quarter, thanks to lower costs and continued gains in its HBO segment. Separately on Wednesday, Time Warner raised its quarterly dividend 15%... Read more
4 related stories
7m
Market Watch
Time Warner's stock climbs after profit beat expectations, dividend raisedTime Warner Inc.'s stock TWX, -6.08% climbed 1.3% in premarket trade Wednesday,
Time Warner's stock climbs after profit beat expectations, dividend raised
Market Watch / Posted 7 minutes ago
Time Warner Inc.'s stock TWX, -6.08% climbed 1.3% in premarket trade Wednesday, as the media company's better-than-expected fourth-quarter profit, a raised dividend and a new stock buyback program helped offset a revenue miss. Earnings for the latest... Read more
4 related stories
7m
Market Watch
Carlyle Group swings to loss, plans share buybackCarlyle Group LP it swung to a loss in the fourth quarter, partly because of a
Carlyle Group swings to loss, plans share buyback
Market Watch / Posted 7 minutes ago
Carlyle Group LP it swung to a loss in the fourth quarter, partly because of a litigation reserve, and joined other private-equity firms in planning to buy back its stock. The Washington, D.C., firm reported a loss Wednesday of $2.9 million, or 4... Read more
8m
Market Watch
DTE Energy's profit beats, helped by cost cutsDTE Energy Co. reported better-than-expected earnings in its most recently ende
DTE Energy's profit beats, helped by cost cuts
Market Watch / Posted 8 minutes ago
DTE Energy Co. reported better-than-expected earnings in its most recently ended quarter, as it cut expenses while revenue slumped on unseasonably warm weather. The revenue result missed Wall Street expectations. The Detroit utility, which serves... Read more
8m
Market Watch
ARM Holdings shares fall on concerns about growthLONDON--Chip-designer ARM Holdings PLC has fanned concerns about how fast and h
ARM Holdings shares fall on concerns about growth
Market Watch / Posted 8 minutes ago
LONDON--Chip-designer ARM Holdings PLC has fanned concerns about how fast and how profitable its growth will be given less vibrant demand for smartphones, sending its shares lower Wednesday despite sturdy fourth-quarter earnings. Shares in the... Read more
8m
Market Watch
Shire deputy chairman David Kappler to step downLONDON--Pharmaceutical company Shire PLC SHP said Wednesday that David Kappler
Shire deputy chairman David Kappler to step down
Market Watch / Posted 8 minutes ago
LONDON--Pharmaceutical company Shire PLC SHP said Wednesday that David Kappler will step down as deputy chairman and senior independent director of the board. The company also said that William Burns, currently a non-executive director, will assume... Read more
8m
Market Watch
Suzuki pays damages to Volkswagen, settles disputeFRANKFURT--Suzuki Motor Corp. will pay an undisclosed amount in damages to Volk
Suzuki pays damages to Volkswagen, settles dispute
Market Watch / Posted 8 minutes ago
FRANKFURT--Suzuki Motor Corp. will pay an undisclosed amount in damages to Volkswagen AG, ending a long-running dispute between the two car makers that involved an alleged breach of contract by the Japanese company to purchase diesel engines from its... Read more
8m
Market Watch
Scandinavian Tobacco starts trading in CopenhagenSTOCKHOLM--Tobacco company Swedish Match AB (SWMA.SK) said Wednesday that Scand
Scandinavian Tobacco starts trading in Copenhagen
Market Watch / Posted 8 minutes ago
STOCKHOLM--Tobacco company Swedish Match AB (SWMA.SK) said Wednesday that Scandinavian Tobacco Group A/S started trading today on Nasdaq Copenhagen, having set the final offer price at 100 Danish kroner ($15.08) a share, implying a market... Read more
8m
Market Watch
If Yellen panics the dollar, these are the places to hideThis market has mastered the art of hanging on a central banker’s every word. A
If Yellen panics the dollar, these are the places to hide
Market Watch / Posted 8 minutes ago
This market has mastered the art of hanging on a central banker’s every word. And that’s the state of play as Fed chief Janet Yellen takes a chair on Capitol Hill later, in an attempt to establish some authority and some order. Just maybe, she’ll get... Read more
8m
The Irish Times
Beps averts collapse of global tax rules, conference toldThe risk of protectionist tax measures being taken by national governments has
Beps averts collapse of global tax rules, conference told
The Irish Times / Posted 8 minutes ago
The risk of protectionist tax measures being taken by national governments has abated as a result of the OECD’s Base Erosion and Profit Shifting (Beps) project, a key official has told a conference in Dublin. If Beps had not happened, the... Read more
8m
The Sudbury Star
Meeting about Maley Drive in Sudbury on March 1The City of Greater Sudbury will hold a public input session on the Maley Drive
Meeting about Maley Drive in Sudbury on March 1
The Sudbury Star / Posted 8 minutes ago
The City of Greater Sudbury will hold a public input session on the Maley Drive Extension project March 1 at 6 p.m. in the council chamber of Tom Davies Square. The Maley Drive Extension is a construction project which is expected to provide short-,... Read more
8m
The Register
ARM pumps fist as profits soar, warns of weaker hand in 2016Chip designer ARM once again posted bumper annual results, with profits up 31 p
ARM pumps fist as profits soar, warns of weaker hand in 2016
The Register / Posted 8 minutes ago
Chip designer ARM once again posted bumper annual results, with profits up 31 per cent to £414.8m on revenue of £968m, up 22 per cent. During the year the company shifted four billion ARM-based chips, up 16 per cent on 2014. But the company warned... Read more
8m
The Register
MapR says Q4 revenue embiggenment was down to ex-Oracle chapConverged map platform MapR has thanked ex-Oracle executive Matt Mills, who is
MapR says Q4 revenue embiggenment was down to ex-Oracle chap
The Register / Posted 8 minutes ago
Converged map platform MapR has thanked ex-Oracle executive Matt Mills, who is now the company's president and COO, for its best ever quarterly billings. The privately held and VC-backed company, which announced the award of its first patent last... Read more
9m
WFTV 9 Orlando
Staples gets EU approval for acquisition of Office DepotNEW YORK (AP) — Staples has received European approval for its buyout of Office
Staples gets EU approval for acquisition of Office Depot
WFTV 9 Orlando / Posted 9 minutes ago
NEW YORK (AP) — Staples has received European approval for its buyout of Office Depot and in exchange, will split off businesses there to allay monopoly fears. The European Commission approved the deal on the condition that Staples Inc. divest... Read more
3 related stories
9m
Salon.com
Nissan quarterly profit up on healthy sales; keeps forecastsTOKYO (AP) — Japanese automaker Nissan reported Wednesday a 25 percent increase
Nissan quarterly profit up on healthy sales; keeps forecasts
Salon.com / Posted 9 minutes ago
TOKYO (AP) — Japanese automaker Nissan reported Wednesday a 25 percent increase in fiscal third-quarter profit to 127.2 billion yen ($1.1 billion) on strong sales. Nissan Motor Co. reported a 101.8 billion yen profit for the October-December period... Read more
2 related stories
9m
Investopedia
Where Does Bill Ackman Keep His Money?Bill Ackman is the founder of activist hedge fund Pershing Square Capital Manag
Where Does Bill Ackman Keep His Money?
Investopedia / Posted 9 minutes ago
Bill Ackman is the founder of activist hedge fund Pershing Square Capital Management. The Harvard graduate has grown Pershing Square to around $19 billion in assets under management (AUM) as of 2015. Ackman and Pershing Square have been involved in... Read more
9m
Investopedia
How Interest Rates Can Go NegativeFor a long time economists believed that nominal interest rates, or the amount
How Interest Rates Can Go Negative
Investopedia / Posted 9 minutes ago
For a long time economists believed that nominal interest rates, or the amount of money received for depositing money, were theoretically bounded by zero to the downside. Lately, however, central banks from Europe to Japan have implemented a negative... Read more
3 related stories
9m
Investopedia
Bill Gross: It's a Xanax Existence for the 99%Bill Gross is well-known for his investment outlook letters that are widely rea
Bill Gross: It's a Xanax Existence for the 99%
Investopedia / Posted 9 minutes ago
Bill Gross is well-known for his investment outlook letters that are widely read in the finance community. Although his letters usually focus on the state of the markets, especially the fixed-income markets, he has a tendency to wander off course. He... Read more
10m
The Financial Express
Apollo Tyres shares jump nearly 11% on robust Q3 showShares of Apollo Tyres on Wednesday advanced by nearly 11 per cent after the co
Apollo Tyres shares jump nearly 11% on robust Q3 show
The Financial Express / Posted 10 minutes ago
Shares of Apollo Tyres on Wednesday advanced by nearly 11 per cent after the company reported a 51.35 per cent increase in consolidated net profit for the third quarter ended December 31, 2015. The stock jumped 10.70 per cent to settle at Rs 149.50... Read more
21 related stories
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