IBT Staff Reporter

53041-53070 (out of 154943)

BlackRock profit rises on ETF demand

BlackRock Inc , the world's largest asset manager, said its third-quarter profit increased 8 percent as investors sought out the firm's exchange-traded funds despite tough market conditions.

Stock futures signal weaker Wall Street open

Stock index futures pointed to a weaker open for equities on Wall Street on Wednesday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.3 to 0.9 percent.

Wait for new iPhone hits Apple results

Apple Inc stunned Wall Street with quarterly results that missed expectations for the first time in years as customers held off buying iPhones until the October launch of the latest version.

Music streaming site Deezer to launch in 100 countries

French on-line music streaming service Deezer will launch in more than 100 countries in the coming weeks, and the start-up is negotiating with roughly a dozen telecom operators on partnerships in a bid to expand its global reach.

Samsung, Google unveil phone for revamped Android

Samsung Electronics unveiled the first smartphone running on Google's latest version of the Android operating system, which combines software used in tablets and smartphones, as they step up competition against Apple.

EU Regulators Raid Banks in Interest-Rate Probe: Report

The European Commission seized documents from several major banks on Tuesday, marking the intensification of a world-wide law-enforcement probe into how key interest rates are set, the Wall Street Journal said, citing people familiar with the situation.

U.S. Stock Futures Signal Weaker Wall Street Open

Stock index futures pointed to a weaker open for equities on Wall Street on Wednesday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.3 to 0.9 percent.

Samsung, Google unveil latest Android phone

Samsung Electronics unveiled the first smartphone running on Google's latest version of the Android operating system, which combines software used in tablets and smartphones, as they step up competition against Apple.

Stocks and euro advance on EU rescue hopes

European stocks and the euro rose on Wednesday, on optimism policymakers will take major steps at a summit this weekend to solve the festering debt crisis and offsetting the impact from a cut to Spain's sovereign credit rating.

Spain downgrade ups pressure on EU to act

A double-notch downgrade to Spain's credit ratings has piled more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.

Stocks rise, but Moody's Spain cut weighs

European stock index futures jumped on Wednesday, tracking a rise in Asian shares, but a cut to Spain's sovereign credit rating from Moody's Investors Service kept investors' risk appetite in check.

Onion Field killer denied compassionate release

A terminally ill prisoner whose 1963 murder of a policeman was chronicled in the book and film The Onion Field was denied compassionate release on Tuesday after he said he didn't want to be freed, officials said.

Analysis: A Divergence of Sentiment and Reality?

If there's nothing to fear but fear itself, as President Franklin Roosevelt contended during the Great Depression, then the world economy in 2011 has reached an interesting juncture between sentiment and reality.

Samsung to launch Galaxy Nexus in Europe in November

Samsung Electronics said on Wednesday that it would launch a new smartphone running Google's latest version of the Android operating system globally starting in Europe in November, as it is locked in a battle for smartphone supremacy with Apple Inc..

Downgrade of Spain Ups Pressure on EU to Act

A double-notch downgrade to Spain's credit ratings has piled more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.

EU short of time as Spain downgraded

A double-notch downgrade to Spain's credit ratings has piled more pressure on European leaders to make rapid progress on solving the region's debt crisis or face unbearable borrowing costs.

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