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Barclays profit up as bad debt costs fall

Barclays reported a 5 percent rise in underlying quarterly profit as lower charges for bad debt at the British bank offset a third consecutive sharp fall in investment banking revenues as the euro zone financial crisis deepened.
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EA raises forecast less than expected, shares fall

Electronic Arts Inc's second-quarter results beat Wall Street estimates and the video game maker raised its earnings forecast because of the upcoming holiday title Star Wars: The Old Republic, which it expects to be a hit.
A man works on a new home being built by developer Azeem Kahn in Chicago

New Home Sales Rise in September, Prices Fall

New single-family home sales rose at their fastest pace in five months in September, a government report showed on Wednesday, but sustained price declines indicated the housing market is far from recovery.
Italy's Prime Minister Silvio Berlusconi

Italy's Northern League Warns Government May Fall

Italian Prime Minister Silvio Berlusconi faced growing pressure Tuesday over European Union demands for economic reforms with his main coalition partner warning the government could fall over the issue.
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Italy's Northern League warns government may fall

Italian Prime Minister Silvio Berlusconi faced growing pressure Tuesday over European Union demands for economic reforms with his main coalition partner warning the government could fall over the issue.
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BP says output fall has bottomed out

BP has turned the corner in its recovery from the Gulf of Mexico oil spill, the British oil major said on Tuesday, predicting production growth and an almost 50 percent increase in planned divestments to $45 billion.
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TI profit, revenue fall, sees more weakness

Texas Instruments posted a decline in quarterly revenue and earnings on Monday and said economic uncertainty would continue to hurt its fourth quarter results in almost every major market segment.
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TomTom to cut 50 million euros in costs as Q3 sales fall

TomTom, the Dutch navigation equipment and digital map maker, said it will cut 50 million euros ($69.7 million) in costs, including jobs, to help improve profitability as it posted a dip in quarterly sales on lower demand and falling prices.
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Stocks fall on uncertainty over EU summit

Stocks fell on Thursday as investors struggled with uncertainty surrounding the upcoming European summit on the debt crisis and sought direction from corporate earnings.
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Instant view: Jobless claims fall in latest week

New U.S. claims for unemployment benefits fell last week and a gauge of labor market trends hit a six-month low, a government report showed on Thursday, pointing to an improvement in the jobs market.
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U.S. Stocks Fall Following Loss of Hope at EU summit

US stocks fell and the euro edged lower on Wednesday as a consequence of fading optimism about European leaders to make considerable advancement to resolve the euro zone debt crisis at their summit meeting this weekend.
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Apple shares fall after rare earnings miss

Apple Inc shares were down about 5 percent in premarket trading on Wednesday, the first day after a rare quarterly earnings miss, but analysts called the results a blip and said it presented a buying opportunity.

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