IBT Staff Reporter

81481-81510 (out of 154943)

Whirlpool profit falls short; eyes price hikes

World's top appliance maker Whirlpool Corp is raising prices of its goods this year to combat rising costs of materials like steel, plastics and paint, echoing the sentiment from smaller Swedish rival Electrolux.

Barbie, American Girl drive Mattel's holiday win

Mattel Inc, the No. 1 toy company, staked its claim as the winner of the holiday shopping season as strong demand for its core Barbie and American Girl brands helped quarterly earnings beat expectations.

Euro zone closer to new anti-crisis package

Germany and France have reached a consensus on steps to boost economic coordination within the euro zone as part of a comprehensive anti-crisis package that will also see the scope of Europe's bailout fund bolstered.

Egypt Returns To The Internet

Egyptian Internet connections appear to be behaving normally, after a rare blackout was imposed by the government last week.

Five new genes linked to Parkinson’s

A new research has confirmed five new genes involved in Parkinson’s Disease (PD), bringing the total to eleven, showing that genetic factors play a greater role in the disease than previously believed.

Gold dips on data, earnings

Gold prices eased a touch in Europe on Wednesday after well received U.S. economic data and a spate of upbeat corporate earnings deflected interest away from bullion on to higher-risk, higher-yielding assets.

Stock futures point to weaker open after jobs data

U.S. stock index futures pointed to a slightly lower on Wednesday as a strong reading on the labor market failed to convince investors to add to gains a day after the Dow and S&P advanced to their highest close in about 2-1/2 years.

Panasonic plans more cost cuts; profit falls

Panasonic Corp plans further cost cuts to compete with South Korean rivals including Samsung, after stiff price competition in televisions and a stronger yen hurt its quarterly profit.

Stock futures dip after ADP report, recent gains

U.S. stock index futures dipped on Wednesday as a strong reading on the labor market failed to convince investors to add to gains a day after the Dow and S&P advanced to their highest close in about 2-1/2 years.

Economic recovery lifts world stocks

World stocks punched fresh 29-month highs on Wednesday, lifted by strong data pointing to sustained global economic recovery, continuing positive corporate earnings and easing concerns about Egypt.

Wall Street warned of Al-Qaeda attacks

The Federal Bureau of Investigation has reportedly warned financial institutions in New York of potential terrorist attacks by Al-Qaeda after published reports surfaced around a month back.

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