FBR Capital Markets upgraded its rating on shares of Flagstar Bancorp, Inc. (NYSE: FBC) to "outperform" from "market perform" and raised its price target to $2 from $1.75, after its reassessment of the company's burn-down book value.
Balasubramanyam Seshan
Apr 28, 2011
Honda Motor Co <7267.T> reported a 52 percent fall in quarterly operating profit and refrained from providing an outlook for the new business year as it struggles to measure the speed of its recovery after last month's earthquake in Japan.
IBT Staff Reporter
Apr 28, 2011
Prices to Buy Gold rose but silver held flat in Asian and London trade on Wednesday, while the Dollar fell, European equities rose, but peripheral Eurozone debt sank to new record lows.
IBT Staff Reporter
Apr 27, 2011
The euro zone's overall budget gap fell last year but deficits in Greece and Portugal were higher than expected, underlining the challenges presented by their austerity programs.
IBT Staff Reporter
Apr 26, 2011
Stocks fell on Monday on signs some corporate outlooks were being strained by inflation concerns, including consumer products maker Kimberly-Clark Corp.
IBT Staff Reporter
Apr 25, 2011
Kimberly-Clark Corp posted a lower quarterly profit on Monday and said this year's earnings could come in below earlier expectations as costs for pulp and other goods are rising more than twice as much as it expected.
IBT Staff Reporter
Apr 25, 2011
Yemen's long-serving autocrat Ali Abdullah Saleh will relinquish office in a month's time under a deal that saves him from possible prosecution in the future.
Jijo Jacob
Apr 24, 2011
Brent oil futures seesawed near unchanged after slipping off a 32-month high Thursday as traders took some money out of recently rising energy markets before a holiday weekend.
IBT Staff Reporter
Apr 21, 2011
Russian Prime Minister Vladimir Putin on Wednesday said he had no plans to crack down on the Internet ahead of 2012 elections, seeking to play down concerns over recent hacker attacks on a blogging website.
IBT Staff Reporter
Apr 20, 2011
Toshiba Corp said it likely fell short of its operating profit forecast for the past business year by 4 percent, citing the effects of the March 11 quake and tsunami, which affected operations at some of its plants.
IBT Staff Reporter
Apr 19, 2011
Embattled Libyan leader Muammar Gaddafi's daughter Aisha Gaddafi made a rare public appearance in capital Tripoli to rally support for her father, saying the talk about Gaddafi stepping down is an insult to all Libyans. Gaddafi is not in Libya but in the hearts of Libyans, she said.
Jijo Jacob
Apr 15, 2011
Shares of RIM dropped one percent today on the news that early reviewers have not greeted RIM’s latest device with much enthusiasm.
IBT Staff Reporter
Apr 14, 2011
A few weeks following the Rustock take down, the FBI rids the world of the Coreflood botnet.
IBT Staff Reporter
Apr 14, 2011
U.S. authorities claimed one of their biggest victories against cyber crime as they shut down a ring they said used malicious software to take control of more than 2 million PCs around the world, and may have led to theft of more than $100 million.
IBT Staff Reporter
Apr 13, 2011
It all starts with Walmart 101.Companies trying to sell goods to Wal-Mart Stores Inc often find it difficult to figure out the best ways to work with the world's largest retailer, as each buyer has his or her own style and there are vast amounts of sales data to decipher.
IBT Staff Reporter
Apr 13, 2011
TSA is getting criticized for patting down a six-year-old child in her sensitive areas.
IBT Staff Reporter
Apr 13, 2011
The European Central Bank's interest rates are very low and its monetary policy stance has become more accommodative than at the peak of the financial crisis, ECB policymaker Juergen Stark said on Tuesday.
IBT Staff Reporter
Apr 12, 2011
Stocks index futures fell on Tuesday in the wake of a disappointing revenue miss from Alcoa and Japan's upgrade of the severity of its nuclear crisis.
IBT Staff Reporter
Apr 12, 2011
Chevron Corp , the second-largest U.S. oil company, sees better earnings in the first quarter than in the previous quarter as rising energy demand boosted oil prices and most refining margins.
IBT Staff Reporter
Apr 11, 2011
Stocks slid on Monday as energy shares sold off on lower crude oil prices and on fears that corporate earnings may not justify a big run-up in stocks.
IBT Staff Reporter
Apr 11, 2011
Cisco Inc CEO John Chambers, days after admitting the company he has led for 16 years had lost its way, acknowledged challenges remain in its core business of networking while vowing to double down on video.
IBT Staff Reporter
Apr 07, 2011
U.S. stocks slipped on Thursday after another powerful earthquake hit Japan, renewing concerns about supply disruptions and the country's ongoing nuclear issue, but markets were off their lows as a number of retailers rallied on strong monthly sales.
IBT Staff Reporter
Apr 07, 2011