IBT Staff Reporter

81721-81750 (out of 154943)

Exxon profit up, tops Street on output

Exxon Mobil Corp reported a better-than-expected 53 percent increase in quarterly profit, helped by a lower tax rate and a surge in natural gas production in the United States and Qatar.

Chrysler projects profitable 2011 ahead of IPO

Chrysler Group LLC, the automaker managed by Fiat SpA, projected its sales would grow by a third in 2011, outpacing gains by the industry in a recovering market on the strength of revamped models.

One million called to march Tuesday in Cairo

A coalition of groups on Monday has called for a march of 1 million protesters in Cairo on Tuesday. It is unclear what the groups' agenda will be, although many of the protesters in the streets over the last several days have been calling for the resignation of President Hosni Mubarak.

Wall Street set to open higher on earnings, M&A

U.S. stocks were set for a higher open on Monday as merger activity and solid earnings, including Exxon Mobil, overshadowed concerns about the possible spread of unrest in Egypt to other parts of the Middle East.

Exxon profit tops Street on output

Exxon Mobil Corp reported a better-than-expected 53 percent increase in quarterly profit, helped by a lower tax rate and a surge in natural gas production in the United States and Qatar.

Intel Explains Billion Dollar Mistake

Intel says the problem, which will cost the company one billion overall, would have impacted a limited number of systems but still didn't meet its quality standards.

Barry Manilow drops price of his Malibu Beach house

Barry Manilow, an American singer–songwriter, musician, arranger, producer, conductor, and performer, dropped the price of his Malibu Beach house to $7,991,938 after trying to unload it for nearly two years.

Exxon profit rises 53 percent, tops Street

Exxon Mobil Corp reported a better-than-expected 53 percent increase in quarterly profit as an improving world economy sparked higher demand for fuel and chemicals as crude oil prices rose.

Genzyme opens books to Sanofi in merger talks

U.S. biotechnology company Genzyme Corp and Sanofi-Aventis have executed a nondisclosure agreement, effectively giving the French company the ability to examine Genzyme's books as they continue talks on a possible merger.

Coal miner Massey shares rise on acquisition

Shares of coal miner Massey Energy surged 13 percent in premarket trading on Monday, the first trading day after rival Alpha Natural Resources agreed to buy it in a $7 billion deal.

In Russia's Muslim south, insurgency gains strength

Neiba scrapes out a meagre income selling soil-caked clumps of wild garlic she picks in the forests of Russia's poorest province -- an occupation a growing Islamic insurgency has made increasingly hazardous.

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