IBT Staff Reporter

Honda Motor Co <7267.T> is looking to put a year of unprecedented difficulties behind it and boost sales in the United States, its biggest market, by a quarter in 2012, executives said on Monday.

Walgreen Co is going through the worst part of not being in Express Scripts Inc's network and, while the transition is difficult now, the drugstore should rebound as the year progresses, its top pharmacy executive said on Monday.

Alcoa Inc , the largest U.S. aluminum producer, posted a fourth-quarter loss on Monday but gave a positive outlook for metal demand in the aerospace, construction and other industries, lifting its stock price in after-hours trading.

French bank Societe Generale is forecasting a significant drop in 2012 investment-bank revenue compared with 2011, weighed by higher funding costs and efforts to slash its balance sheet, according to an internal memo obtained by Reuters on Monday.

Alcoa Inc said on Monday it plans to close its Portovesme, Italy, smelter and slash output at two Spanish smelters as the U.S. aluminum producer takes aim at its high-cost European operations.

Samsung Electronics Co, the world's biggest TV manufacturer, expects the global television market to grow around 7 to 8 percent this year, and aims to grow at double that rate with a company sales target of around 50 million sets.

Stocks ended slightly higher on Monday in a light-volume session as investors stayed cautious ahead of corporate earnings and key auctions for European debt this week.

Research In Motion showed off a major update to the QNX-based software running its poor-selling PlayBook tablet and unveiled minor improvements to its legacy BlackBerry phone software at the Consumer Electronics Show on Monday.

AT&T Inc announced plans to launch seven new smartphones and a tablet computer early this year for a new wireless network it is building as it looks to catch up with bigger rival Verizon Wireless in high-speed wireless services.

Deutsche Telekom is overhauling its strategy for its U.S. wireless unit after AT&T last month dropped its planned $39 billion takeover of the unit, a person familiar with the strategy planning said on Monday.

Morgan Stanley has promoted Eric Grossman to chief legal officer as the current legal chief, Frank Barron, plans for retirement at mid-year, according to an internal memo viewed by Reuters.

Angry Birds and Facebook were the most downloaded iPhone apps of 2011, according to Apple, but some less predictable apps also made their lists.

Stocks ended slightly higher on Monday in a light-volume session as investors stayed cautious ahead of corporate earnings and key auctions for European debt this week.

Consumer credit surged in November by the most since October 2001, rising 10.0 percent on higher credit card debt and more student loans doled out by the government, a Federal Reserve report showed on Monday.

AMR Corp , the bankrupt parent of American Airlines, on Monday said it would cut service between Chicago and New Delhi and between Dallas/Fort Worth and Burbank, California, a move that will eliminate 150 jobs.

Stocks ended slightly higher on Monday in a light-volume session as investors stayed cautious ahead of corporate earnings and key auctions for European debt this week.

AMR Corp , the bankrupt parent of American Airlines, on Monday said it would cut service between Chicago and New Delhi and between Dallas/Fort Worth and Burbank, California, a move that will eliminate 150 jobs.

Shares of Google Inc fell nearly 4 percent on Monday, after Motorola Mobility Holdings Inc's warning of worse-than-expected financial results raised concerns about Google's pending acquisition of the smartphone maker.

Brocade Communications System Inc has received first-round bids from a handful of potential buyers as the company explores a sale, sources familiar with the matter said.

Silver for March delivery, the most actively traded contract on the Comex, was up 25 cents to $28.93 and spot silver was up 10 cents to $28.85.

Here is an overview of Ron Paul's economic plan, including his proposals on job creation, taxes, entitlement programs and health care reform.

The world's biggest food group Nestle has launched an online program inviting pet owners to team up with their furry friends to lose weight.

GameStop Corp said holiday sales increased slightly as sales of new video game software from PlayStation 3 and Xbox 360 titles such as Call of Duty 3 and Elder Scrolls V offset a 20 percent drop in hardware sales.

Stocks edged higher on Monday as investors showed caution ahead of corporate earnings and key auctions for European debt this week.

Whitney Tilson told CNBC that he expected the stock of the Los Gatos, Calif.-based company to continue on its upward trajectory, and he also said Netflix is in prime position for a takeover.

The Federal Reserve cannot rule out additional monetary easing even if steady growth and acceptable inflation make it harder to justify fresh action, a top Fed official said on Monday.

Swiss National Bank Chairman Philipp Hildebrand resigned with immediate effect on Monday, saying he could not prove he had been unaware of a currency trade made by his wife and wanted to protect the integrity of the central bank.

Here is an overview of Mitt Romney's economic plan, including his proposals for job creation, tax reform, entitlement reform and health care reform.

Welcome to an unlikely beacon of hope for the global auto industry -- Detroit.