DOWN

AOL revenue down 26 percent with ad struggles

IBTimes Logo
AOL Inc suffered sharp declines in quarterly advertising sales and dial-up subscriptions, driving overall revenue down 26 percent and showing the struggling Internet company has yet to turn the corner.

Snowstorm shuts down auto plants across Midwest

IBTimes Logo
Major automakers shut down plants in six Midwest states and Ontario on Wednesday after a winter storm that swept through the region a day before cut off shipments of parts and raw materials.
 Hosni Mubarak (Oct. 1981-?):

Mubarak to step down in months, protesters defiant

Egyptian President Hosni Mubarak vowed to step down at the next election, would stay on to enact reforms in the next few months, and said authorities would pursue those responsible for destructive acts and looting and violence during the protests.
More news
IBTimes Logo

BofA banker bonuses likely down, cash portion up

Senior investment banking executives at Bank of America Corp will likely see as much as 80 percent of their 2010 bonuses in stock, but the cash portion will be higher than what was paid out last year, said a source familiar with the company's pay plans.

Egypt Shuts Down Internet, Syria Still Up

Egypt has officially cut off Internet access to the country, marking the first time in the history of the Internet when a nation-state has gone dark. Other nations, though, seem reluctant to follow suit.
IBTimes Logo

BSE Sensex drops; M&M, Sterlite fall

The BSE Sensex erased early gains and was trading down 0.4 percent on Thursday, as the near-term outlook for foreign funds' interest was far from promising due to better prospects elsewhere.
IBTimes Logo

Boeing profit falls; shares down on outlook

Boeing Co offered a weaker-than-expected 2011 earnings outlook as higher pension costs exacerbated the impact of potential defense spending cuts and delays to the 787 Dreamliner, sending its shares down 3.6 percent.
IBTimes Logo

Stock index futures down; earnings eyed

Stock index futures pointed to a weaker open on Wall Street on Tuesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 down 0.1-0.2 percent.
IBTimes Logo

McDonald's sees costs climbing; shares down

McDonald's Corp forecast higher food costs for 2011 and reported weaker-than-expected December sales at established European and U.S. restaurants as poor weather hurt demand.
IBTimes Logo

Morgan Stanley commods risk down on quarter, up on year

Morgan Stanley's commodities risk fell in the fourth quarter as it faced trading woes similar to the rest of Wall Street, but the No. 2 U.S. investment bank still pipped top rival Goldman Sachs with a higher risk year-on-year.

Qatar's long-serving oil minister Al-Attiyah steps down

Abdullah al-Attiyah, who spearheaded the Gulf state's crude output expansion in the 1990s and, more significantly led the country's emergence as the LNG capital of the region, has stepped down as the energy minister following his appointment as the Chairman of the Emir's court.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.