Michael Buble still tops on U.S. album chart
Michael Buble occupied the penthouse of the U.S. pop album chart for a second consecutive week, holding strong against the soundtrack from The Twilight Saga: New Moon, which debuted at No. 2.
Goodrich posts profit, cuts '09 sales view
Goodrich Corp reported a third-quarter profit on Thursday that was helped by cost cuts and strong defense demand, but cut its sales outlook for this year and forecast 2010 earnings below current Wall Street estimates.
Canyon offers gruesome jolts, familiar story
When a young couple decides to leap off the beaten path to explore nature in all its rugged extremes, you know they are heading for the vacation from hell.
Entry-level candidates needs professional résumés too
Dear Rebecca: Thank you for submitting your résumé for my Notes of a Résumé Writer series; I am pleased to be able to provide some guidance to help you create an interview-generating job search tool. Let's touch on a few key areas of your résumé which should be addressed.
Oil falls towards $80 as dollar rises
Oil slipped toward $80 on Thursday as a stronger dollar encouraged investors to lock into profits from a 12-month high hit the previous day.
Nestle speeds ups buyback, may sell Alcon stake
Cash-rich Nestle SA, the world's biggest food group, said it was speeding up a programme to buy back shares and was likely to raise fresh funds from the sale of its stake in eye care firm Alcon.
Top pay at bailed out companies to be cut
Top earners at financial and auto companies bailed out by the U.S. government will see their pay slashed under an Obama administration plan aimed at addressing public outrage over eye-popping paychecks, two sources familiar with the matter said on Wednesday.
McDonald's shares rise on strong profit
McDonald's Corp posted a stronger-than-expected quarterly profit on Thursday, helped by cost controls and rising sales in all regions, and expects same-store sales to remain positive in October even though people eat out less often.
GLOBAL MARKETS-Poor earnings knock stocks, dollar bounces
Disappointing corporate results knocked equities lower on Thursday, set Wall Street up for a poor start and helped the dollar bounce off 14-month lows. Gold and oil both slipped as the dollar rose. Euro zone government debt was stronger.
UPDATE 1-New York Times posts narrower quarterly loss
The New York Times Co's (NYT.N) quarterly loss shrank after taking a writedown last year, the newspaper publisher said on Thursday, while revenue fell on a 27 percent decline in advertising sales.
Stock futures mixed ahead of data, earnings
Stock futures were mixed on Thursday ahead of leading indicator and jobless data and a slew of big corporate earnings reports, including UPS, Amazon.com, 3M, Dow Chemical and Merck.
RPT-Fed's Rosengren: Economy to grow reasonably in Q3, Q4
The U.S. economy will grow reasonably in the second half of this year, but the Federal Reserve needs to see more progress before taking some of its economic support away, Eric Rosengren, the president of the Boston Fed said on Thursday.
Fed's Rosengren: Economy to grow reasonably in Q3, Q4
The U.S. economy will grow reasonably in the second half of this year, but the Federal Reserve needs to see more progress before taking some of its economic support away, Eric Rosengren, the president of the Boston Fed said on Thursday.
UPDATE 1-Huntington posts fourth straight quarterly loss
U.S. Midwest regional bank Huntington Bancshares Inc (HBAN.O) posted its fourth straight quarterly loss, as it had to set aside more money to meet losses from bad loans.
UPDATE 3-Travelers Cos 3rd-qtr profit beats Wall St view
Travelers Cos Inc's (TRV.N) quarterly profit more than quadrupled beating expectations, as underwriting gains surged.
UPDATE 1-Sterling Bancshares posts surprise Q3 loss
Sterling Bancshares Inc (SBIB.O) posted a surprise quarterly loss, hurt by a three-fold increase in provision for loan losses and higher charge-offs.
UPDATE 1-BankAtlantic Q3 loss increases five fold
BankAtlantic Bancorp Inc (BBX.N), a U.S. regional bank, posted a wider-than-expected third-quarter loss, hurt by higher loan loss provisions.
EURO BONDS-Morgan Stanley, Caixa Catalunya, Axis Bank, NRW
News, details on bond issues in the European markets on Thursday:
International Oil Data Gaps
In a supplement to the October 2009 Short-Term Energy Outlook, the Energy Information Administration (EIA) analyzed the inherent volatility of energy prices by looking at the options market. This supplement was the first product under the EIA's Energy and Financial Markets Initiative launched in September. The Initiative is aimed at examining all the variables that affect energy prices and price volatility.
BOJ FOCUS-BOJ leaning towards credit mkt exit, rebuffing govt
The Bank of Japan is leaning towards scrapping some corporate finance support programmes in December, sources with knowledge of the bank's thinking said, rebuffing government pressure to delay an exit from credit markets.
China's growth quickens but policy stays on hold
China's economic growth picked up last quarter as expected as a combination of breakneck investment and buoyant bank lending more than made up for a slump in exports.
Weak commods, banks pull FTSE down 1 pct
Britain's top share index shed 1 percent by midday on Thursday, suffering a broad-based sell-off after disappointing earnings news from the U.S., with energy stocks the biggest laggards as crude fell.
Stock futures slightly lower ahead of data
U.S. stock index futures dipped on Thursday ahead of leading indicator and jobless data and a slew of big corporate earnings reports, including American Express, Amazon.com, Dow Chemical and Merck.
Europe shares fall; Ericsson down after results
Disappointing results from telecom equipment heavyweight Ericsson (ERICb.ST) and profit-taking after a recent strong run helped send European shares lower around midday on Thursday.
Russia drops $22.5 billion suit vs BONY
Russia has dropped its $22.5 billion lawsuit against Bank of New York Mellon , in line with an earlier request by the country's Customs Service, a judge said on Thursday.
Boeing: northeast Asia needs 1,200 planes over 20 years
U.S. aerospace giant Boeing Co estimates northeast Asia will need about 1,200 airplanes worth about $190 billion over the next 20 years, a senior company executive said on Thursday.
Credit Suisse upbeat after topping Q3 forecasts
Credit Suisse Group AG said it was upbeat about its prospects after exceeding third-quarter net profit forecasts by a wide margin thanks to a solid investment banking performance and good client inflows.
Daily Outlook - Oct 22
A Test for Windows; Bailed Out Get Pay Cut; GM's Culture Problem
Wall Street futures point to lower start; results due
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.1 to 0.5 percent, pointing to a weaker start on Wall Street on Thursday.
Executive hiring in Asia improves sharply: survey
Job prospects for executives at multinationals in Greater China and Singapore have improved sharply in the past three months amid growing optimism that Asia's recovery from the global recession will be sustainable, a quarterly survey showed on Thursday.