IBT Staff Reporter

112501-112530 (out of 154952)

Stocks fall as stronger dollar weighs

U.S. stocks fell on Thursday as a stronger dollar weighed on commodity-linked shares and a guarded outlook from Wal-Mart Stores Inc led to worries about the strength of consumer spending.

Walmart set for extremely competitive holiday

Wal-Mart Stores Inc expects an extremely competitive holiday shopping season, but its treasurer said on Thursday that weekly price cuts are driving consumers to its U.S. stores and Walmart.com is seeing record hits after it slashed book prices.

U.S. commitment to Afghanistan not open-ended: Gates

U.S. Defense Secretary Robert Gates said on Thursday the U.S. troop presence in Afghanistan, currently under presidential review, was not open-ended, putting more pressure on Kabul to improve security and fight corruption

Nissan hopes to sustain earnings momentum in 2010

Nissan Motor, expected to return to profitability in the current financial year, hopes to maintain the improved earnings momentum into 2010, its chief executive said on Thursday, driven largely by growth in emerging markets such as China.

Double-dip recession can be avoided: Roubini

Nouriel Roubini, one of the few economists who accurately predicted the magnitude of the financial crisis, said on Thursday that a double-dip recession can be avoided if stimulus measures are unwound properly.

Europe shares tick up to 3-week closing peak

European shares edged up to a three-week closing high on Thursday with telecom shares leading the advance after soothing earnings results and airlines gaining ground on merger news.

Dollar gains; U.S. weekly jobless claims data helps

The U.S. dollar rallied broadly in technical trading after a weekly jobless report triggered strength in the U.S. currency and momentum pushed it further through key levels. While the dollar's early gains came against the yen after a report showed initial weekly jobless benefit claims lower than expected, dollar strength spilled over against the euro.

Cellphone market fall ended in third quarter: Gartner

The fall in the handset market stopped in the third quarter, helped by clearing of inventories of unsold phones and booming sales on the so-called grey market in countries like China, research firm Gartner said on Thursday.

GameStop to sell digital game downloads

Customers who visit GameStop Corp stores will soon be able to purchase digital upgrades to their favorite video games, as the retailer eyes a shift toward digital distribution of games.

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