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DealBook: Credit Suisse Reports First Quarterly Loss in Three Years

published about 12 hours ago
The Swiss bank reported a net loss of $698 million in the fourth quarter of 2011 after costs increased to fix its investment banking operation.

Inflation Up in China on Lunar New Year Spending

published about 13 hours ago
The size of the seasonal distortion makes the January data hard to read, but economists said it is likely to have squeezed out any expectation of a cut in bank reserve ratio requirements.

Travel Q&A: Plane Porn to Cheap Tickets

published about 14 hours ago
From questions about how to find the cheapest airfare to dealing with porn on planes, well, I've heard them all. These are some of my favorites, and I hope one of my answers will solve a question of your own.

Vodafone Q3 results hit by weak southern Europe (Reuters)

published about 17 hours ago
Reuters - Vodafone posted third quarter results slightly below forecasts on Thursday as increasingly tough trading in Spain and Italy overshadowed solid performances in emerging markets and northern Europe for the world's largest mobile operator.

Alibaba.com shares halted; Yahoo update? (Reuters)

published about 17 hours ago
Reuters - Trading in shares of Alibaba.com Ltd was halted on Thursday pending an announcement regarding its parent, Chinese e-commerce giant Alibaba Group, which reportedly plans to buy back the 40 percent stake in it held by Yahoo Inc.


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Scripps Profit Rises

published about 3 hours ago
Scripps Networks Interactive said fourth-quarter profit edged up 3.4%. The operator of cable channels including HGTV and Food Network reported double-digit growth in advertising revenue ... more

WellPoint to Cease Branded Lipitor Coverage

published about 4 hours ago
Health insurer WellPoint is planning to stop covering Pfizer's Lipitor cholesterol-lowering pills for millions of members in favor of generic versions.

Cancer Drug Shows Promise for Alzheimer's

published about 5 hours ago
The skin-cancer drug bexarotene has improved cognitive and social ability and restored smell in mice bred with a form of Alzheimer's disease.
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Cluff Gold lifted by Burkina Faso expansion

published Fri, Feb 03 2012 10:36 GMT
The miner will buy a second site and exploration permits from Canadian developer Orezone Gold Corporation for $15m and 11m shares

Unilever faces tougher times in emerging markets

published Thu, Feb 02 2012 03:39 GMT
Maker of Dove soap and Magnum ice cream says it is facing a tougher trading environment in Russia and Brazil

Treasury beset by exodus of top staff

published Tue, Jan 31 2012 15:31 GMT
Officials fuming at low pay levels and high staff turnover are creating real operational difficulties with the Budget just seven seeks away

PM paints a SAD picture of India's economy

published Fri, Feb 03 2012 06:30 GMT
India's economy had expanded by 8.4 per cent in 2010-11 financial year.

How the mobile industry changed in the past 5 years

published Wed, Feb 01 2012 03:30 GMT
Android and iPhone, considered outsiders from a mobile industry perspective were able to revolutionise the industry and have created immense positive network externalities.

Foreigners light up Dalal Street as locals keep away

published Mon, Jan 30 2012 02:39 GMT
FIIs pour $2 bn in January; flows into India equity funds hit 54-week high; doubts on sustainability persist.

Spain caps senior pay at bailed-out banks

published Fri, Feb 03 2012 11:34 GMT
Executives limited to €600,000 a year, in some cases cutting bankers’ income by three-quarters

Super Bowl lends some muscle to global brands

published Fri, Feb 03 2012 11:34 GMT
International audience remains small, but the growth of social networks and the internet means ads shown during the game can go viral worldwide

Dutch left parties call for bank bonus ban

published Wed, Feb 01 2012 17:42 GMT
Labour and Socialist parties to present proposal to parliament that could put the country at the forefront of international efforts to restrict financial sector pay

Sony warns of ballooning full-year loss

published Thu, Feb 02 2012 01:36 GMT
Sony predicted a Y220bn ($2.9bn) net loss for the full financial year, much larger than previously forecast, as it restructures its unprofitable TV business

Nomura avoids second quarterly loss

published Wed, Feb 01 2012 02:40 GMT
A one-off gain helped the Japanese bank avert a second quarterly loss this year but profits are expected to stay under pressure

SAIC Motor: own brands flagging

published Tue, Jan 31 2012 14:32 GMT
The Chinese carmaker may be relatively unknown overseas, but it needs to inspire interest in its own brands in China to get into the fast ... more

Drought threatens Argentina’s tax revenue

published Mon, Jan 30 2012 11:33 GMT
Government seeks to slash ballooning subsidies bill as poor crops look set to bring in $1.3bn less in tax revenue

Judges set timetable for McKinnon case resolution

published Fri, Jan 27 2012 08:39 GMT
Pentagon hacking suspect has been waiting for 10 YEARS... Senior judges have set a timetable to speed up resolution in the long-running Gary McKinnon extradition ... more

Improving Economy, Corporate Earnings Push Investor Optimism To 12-Month High

published about 3 hours ago
Bullish sentiment jumped to its highest level since January 13, 2011, in the latest AAII Sentiment Survey.

OPEC Cuts Oil-Demand View

published about 8 hours ago
OPEC cut its oil-demand growth numbers for 2012 again as Asian economies slow, but the group kept pumping at levels not seen since 2008 amid ... more

Brussels in Focus After Greek Talks Stall

published about 12 hours ago
Greece's finance minister headed for Brussels to try to clinch a new aid deal with European partners after all-night talks in Athens stumbled over demands ... more

Why small companies' stocks deserve a closer look

published Sat, Feb 04 2012 07:30 GMT
Underperforming money managers are losing their most reliable scapegoat: The near-unison of share price swings in the Russell 2000 index.