IBT Staff Reporter

54001-54030 (out of 154943)

Alcoa Q3 profit up, but sees slower growth

Alcoa Inc , the largest U.S. aluminum producer, said third-quarter profit jumped from a year ago, but earnings and revenue slipped from the second quarter as economic growth slowed from the first half of this year.

SecurID maker says single nation behind data breach

Two groups acting on behalf of a single nation state were behind a March attack on RSA, the maker of SecurID keys used by tens of millions of employees worldwide to access their corporate computer networks, Chief Executive Art Coviello said on Tuesday.

BlackBerry users suffer fresh outage

BlackBerry users in Europe, the Middle East and Africa were suffering a second day of problems on Tuesday, just hours after Research In Motion Ltd, maker of the devices, said it had fixed a huge outage.

Hedge fund assets back above 2006 levels - data

Global hedge fund assets rose 6.7 percent to $2.16 trillion in the first half of the year as investors backed the bigger, established managers to steer them through volatile markets, data showed on Tuesday.

Regulators releases Volcker rule limits on Wall St. bets

Regulators on Tuesday released for public comment the Volcker rule proposal that will restrict Wall Street's ability to trade for its own profit, setting off what is expected to be a fierce lobbying campaign to weaken the crackdown.

ASML Q4 orders a beacon for tech sector

Investors will focus on ASML's fourth-quarter orders for signs of a recovery in the global chip sector when the Dutch chip equipment maker reports third-quarter results on Wednesday.

Lenders give lukewarm approval to Greek aid tranche

EU, IMF and ECB inspectors gave tepid approval for a vital aid tranche to Greece on Tuesday, saying that despite some fiscal progress Athens was lagging on privatizations and structural reforms needed to exit its debt crisis.

Housing starts jump in September: CMHC

Canadian housing starts jumped much more than expected in September, helped by a surge in the condominium sector, suggesting Canada's property boom stayed intact last month and should help the economy avert recession.

ARRIS to pay 76 percent premium for BigBand Networks

Broadband technology and software provider ARRIS Group Inc said it is to buy BigBand Networks, a video networking service provider, for $2.24 per share in cash -- a premium of 76 percent -- to strengthen its networked video technology capabilities.

Jaguar says support grows for a RIM shake-up

An activist Research In Motion investor says holders of at least 8 percent of the BlackBerry maker's stock back its call for a sale or a corporate shake-up at the struggling Canadian company.

Insight: New bankruptcy ripples may emerge

Three years after the collapse of Lehman Brothers touched off a tidal wave of bankruptcy filings, corporate failures may be about to pick up again, with some big-name companies among those struggling for survival.

Exclusive: Europe hits banks with tougher capital test

Europe's banks will have to achieve a significantly stronger capital position under a quick-fire regulatory health check and may need to raise some 100 billion euros ($137 billion), banking and regulatory sources said on Tuesday.

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