IBT Staff Reporter

50671-50700 (out of 154943)

Dish Network loses subscribers, pays dividend

Dish Network Corp lost more subscribers than expected because of promotions from rivals such as DirecTV, but the satellite television provider paid its shareholders a surprise dividend on Monday.

How to play it: Groupon and high-profile IPOs

The online coupon company Groupon raised $700 million after increasing the size of its offering, which priced at $20 per share, above an initial range. The company was valued at about $13 billion when the IPO priced -- about half of earlier estimates.

Wall Street falls on Italy worries

Stocks fell in choppy trade on Monday as political uncertainty in Italy fueled investor concern the euro zone debt crisis could engulf the bloc's third biggest economy.

Cracker Barrel raises 2012 profit outlook

Cracker Barrel Old Country Store Inc raised its full-year profit forecast encouraged by higher sequential customer traffic at its restaurants during the first quarter.

MF Global fallout slows London Metal Exchange trade

Trading on the London Metal Exchange was slow on Monday partly because positions of the British unit of MF Global had not been transferred to new brokers a week after the U.S. firm filed for bankruptcy protection, traders said.

HTC Rezound Set to Challenge Galaxy Nexus

The phone will ship with the current Android 2.3 (Gingerbread) but will receive Android's newest OS, Ice Cream Sandwich, when it is released to the wild early next year.

Greek Leaders Set to Pick New PM, Media Tips Papademos

Greek political leaders were set to choose who will lead a new coalition on Monday and push through a bailout before the country runs out of money in mid-December, with local media tipping former ECB deputy head Lucas Papademos for the job.

Best Buy bags U.S. mobile venture, axes UK chain

The moves are the latest sign Best Buy is scaling back its overseas ambitions to focus on its main U.S. business, which faces stiff competition from discounters and online retailers. Earlier this year, the U.S. group dropped plans for Best Buy-branded stores in China and Turkey.

HTC to push into emerging markets, eyes new tablet

HTC Corp said on Monday it will put equal investment weight on emerging markets next year as it does in developed ones like the U.S. and Europe, and will dip its toes back into the tablet market with a new model next year.

Inflation, debt crisis hurt euro zone retail sales

Retail sales in the 17 countries sharing the euro fell more than expected in September despite some resilience in powerhouse Germany, the EU's statistics office said on Monday, reinforcing concern that the bloc's economy may be heading for a recession.

Euro zone Sept retail sales fall more than forecast

Retail sales in the 17 countries sharing the euro fell more than expected in September from August despite some resilience in powerhouse Germany, the EU's statistics office said on Monday, reinforcing concern that the bloc's economy may be heading for a recession.

Futures Drop on Italy, Eurozone Worry

Stock index futures fell on Monday as political turmoil in Italy sparked worry the Eurozone debt crisis could consume the region's third largest economy.

French PM Announces New Budget Cuts

French Prime Minister Francois Fillon on Monday announced plans for further budget savings of 7 billion euros in 2012 and 11.6 billion euros in 2013 as the euro zone's second-biggest economy seeks to protect its top-notch credit rating and avoid the financial market pressure now engulfing Italy.

BP's failed Argentina deal renews investor fears

The collapse of BP's planned sale of a $7 billion stake in an Argentinean unit has renewed investor concerns about its strategy, a fortnight after Chief Executive Bob Dudley said the group had reached a turning point after its Gulf of Mexico oil spill.

Groupon's China JV says sold fake Tissot watches

Groupon's Chinese daily deals business Gaopeng said on Monday it had sold counterfeit luxury watches by accident and will compensate its irate buyers in its latest struggle in expanding in the potentially lucrative market.

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