IBT Staff Reporter

51841-51870 (out of 154943)

Consumers, businesses to pump up Q3 growth

Economic growth likely gathered steam in the third quarter as consumers and businesses set aside fears and stepped up spending, creating momentum that is expected to carry into the final three months of the year.

What makes a bank trader go rogue?

The traits banks tend to look for when hiring new traders are the very same ones likely to make them go rogue, industry insiders and psychologists say.

Markets cheer euro deal but questions remain

The euro and stocks rallied on Thursday after European leaders struck a deal to provide debt relief for Greece, but analysts warned the plan would fail to halt the euro zone's two-year-old debt crisis unless crucial details were resolved soon.

Stock Futures Rally on Eurozone Deal

Stock index futures rose sharply on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with private banks and insurers to accept 50 percent losses on Greek bonds.

Stock futures rally on euro zone deal

Stock index futures rose sharply on Thursday after European leaders agreed to boost the region's bailout fund and struck a deal with private banks and insurers to accept 50 percent losses on Greek bonds.

Consumers, Businesses to Pump up 3Q Growth

Economic growth likely gathered steam in the third quarter as consumers and businesses set aside fears and stepped up spending, creating momentum that is expected to carry into the final three months of the year.

Asian chipmakers see gloomy Q4; 2012 a bit brighter

Asian chipmakers, including the world's top contract chipmaker TSMC, reported sharply worsened quarterly earnings and braced for another uncertain quarter as a weak global economy hits demand for computers, though roaring growth of smartphones and tablets offered a bright spot.

Procter & Gamble posts profit, keeps year view

Procter & Gamble Co posted a slight dip in quarterly profit that was in line with expectations as the world's largest household products maker raised prices and notched sales gains in each unit.

Crisis flames lick at BNP chief Pebereau's legacy

In the spring of 1999, Michel Pebereau, chief executive of Banque Nationale de Paris , gathered a dozen of his top bankers to propose an audacious plan to buy not one, but two rivals and create a French national champion.

Daimler, VW feel chill of Europe car slowdown

Daimler and Volkswagen reinforced the gloomy outlook for Europe's vehicle industry on Thursday, revealing weak sales of premium cars and downbeat demand outlooks that overshadowed some robust truck sales data.

Daimler, VW feels chill of Europe car slowdown

Daimler and Volkswagen reinforced the gloomy outlook for Europe's vehicle industry on Thursday, revealing weak sales of premium cars and downbeat demand outlooks that overshadowed some robust truck sales data.

Nintendo to post its first ever annual net loss

Nintendo Co Ltd said on Thursday it would make its first ever annual net loss this financial year, cutting earnings guidance for a second time as the soaring yen and weak software sales dealt fresh blows to the former games industry champion.

Exclusive: China eyes creation of ASEAN Bank

China is considering a proposal to set up a regional bank to help its small and medium enterprises invest in Southeast Asian neighbors, fund infrastructure projects and promote development in southwestern China, two independent sources said.

U.S. Stock Index Futures Point Higher

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures rising 1.5 to 1.8 percent at 5:05 a.m. EDT.

Stock index futures point higher

Stock index futures pointed to a higher open on Wall Street on Thursday, with futures for the S&P 500, Dow Jones futures and Nasdaq 100 futures rising 1.5 to 1.8 percent at 5:05 a.m. EDT.

BOJ eases policy with eye on yen, Europe crisis

The Bank of Japan eased monetary policy on Thursday by boosting purchases of government bonds and warned of risks posed by a strong yen and Europe's debt crisis in a sign it would act again if recovery in the world's third-largest economy falters.

EU Crisis Deal Lifts Stocks, Euro to 2-Month High

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.

Virgin Media reassures with solid third quarter growth

LONDON, Oct 27 - Britain's Virgin Media added 6,300 net new cable customers in the third quarter, reassuring investors after a disappointing second quarter, as subscribers showed a willingness to pay for higher quality services.

Logitech sticks to FY goals as Q2 in line

Logitech, the world's largest computer mouse maker, is sticking to its full-year outlook after posting a second-quarter net profit of $17 million, returning to the black after a loss in the previous quarter.

Nintendo slashes forecast again to just break even

Nintendo Co Ltd slashed its annual earnings outlook for the second time this year to just break-even on Thursday, as the soaring yen and weak software sales dealt a fresh blow to the former games industry champion.

Stocks, Euro Hit 2-Month High after European Debt Deal

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.

World stocks, euro hit two-month high after EU summit

World stocks and the euro rose to their highest levels in nearly two months on Thursday after European leaders struck a deal to resolve a two-year-old sovereign debt crisis, which threatens the survival of the single currency.

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