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Analysis: Consumer stocks shine in emerging market profit gloom
ReutersLONDON (Reuters) - A broad collapse of company profits in the developing world shows no sign of abating, forcing investors to tilt portfolios towards sectors such as healthcare or consumer goods where margins are more robust. What is evolving is in...Tags: Earnings, Earnings Forecasts, HSBC Holdings plc, Emerging Market, Economy, Business and Finance
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Computer Sciences settles lawsuit over accounting for $97.5 mln
Reuters* Accounting issues raised over UK contract, Nordic region * Company reserved for settlement in last fiscal year May 16 (Reuters) - Computer Sciences Corp agreed to pay $97.5 million to settle a lawsuit accusing it of defrauding shareholders by hiding a...Tags: Science and Technology, Interior Policy, Falls Church (Falls Church, Virginia), Justice System, U.S. Securities and Exchange Commission
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Indiana withdraws support for fertilizer plant
INDIANAPOLIS (AP) — Indiana officials withdrew state backing Friday for a fertilizer plant over concerns about whether its Pakistan-based owners are doing enough at its overseas operations to keep the potentially explosive material from being used...
Tags: Chemical Industry, Mount Vernon, Plant Openings, Explosions, Economy, Business and Finance
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TV, movie shoots get inside track at Irwindale Speedway
A loud screeching sound echoed across the oval racetrack as a driver burned rubber, revving the engine of a silver Mercedes-Benz and spinning the vehicle a full 360 degrees while kicking up a cloud of dust and smoke. This wasn't a stock car race, but...
Tags: Mario Andretti, Television, Bankruptcy, NBC (tv network), Coca-Cola Co.
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In Bangladesh, shock may give way to status quo
NEW DELHI — The disaster caused shocking loss of life among young, mostly female garment workers, awoke the conscience of a nation, spotlighted dismal working conditions and spurred loud calls for construction and labor reform. So far, that...Tags: Religion and Belief, Dhaka (Bangladesh), Plant Openings, Islam, Italy
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Japan sees results from 'Abenomics' growth strategy, as GDP jumps 3.5 pct, beating forecasts
AP Business WriterTOKYO (AP) — Japan's economy grew by a stronger-than-expected 3.5 percent in annual terms last quarter, giving Prime Minister Shinzo Abe a boost as his government tackles reforms needed to ensure a sustained recovery from two decades of malaise....Tags: Consumer Confidence, Earnings Forecasts, Government Debt, Economic Indicator, Labor Legislation
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Hess offers activist hedge fund Elliott two board seats
ReutersNEW YORK, May 13 (Reuters) - Oil and gas company Hess Corp offered hedge fund Elliott Management two seats on its board as the company looks to avoid losing five seats to the activist at its annual meeting this week. "Consistent with our commitment to...Tags: Mutual Funds, Economy, Business and Finance, Petroleum Industry, Annual and Special Corporate Meetings, Board of Directors
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Deere lowers full-year sales outlook
Deere & Co. on Wednesday said its second-quarter profit rose slightly, beating analysts' expectations, but it warned that global financial pressures and the cool, wet weather in North America could affect sales the rest of the year. Moline, Ill.-based...
Tags: North America, Earnings Forecasts, Science and Technology, Deere and Company, Natural Resource Industry
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ANALYSIS-Blackstone and peers have a bargain for you: themselves
Reuters* Firms have yet to demonstrate full asset sale cycle * Complex financials, insider ownership weigh on stocks By Greg Roumeliotis NEW YORK, May 16 (Reuters) - Alternative asset managers such as Blackstone Group LP and KKR & Co LP have for decades...Tags: Goldman Sachs Group, Inc., Blackstone Group, L.P., Thomson Corporation, Finance, Blackrock Inc
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Exclusive: Hungarian ethanol firm says it alerted EU over Platts pricing
ReutersLONDON (Reuters) - A Hungarian ethanol producer said it alerted the European Commission over the role of price agency Platts in setting prices, feeding into an investigation of three major oil companies. Pannonia Ethanol, a recent entrant to Europe's...Tags: Sports, David Cameron, Glencore International AG, Biofuels, Ethanol
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PRESS DIGEST - Wall Street Journal - May 16
ReutersMay 16 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * A heated takeover battle has erupted around generic drug company Actavis Inc as industry...Tags: NBCUniversal, Pickup Trucks, Ford Motor Co., Bankruptcy, Goldman Sachs Group, Inc.
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Analysis - Blackstone and peers have a bargain for you: themselves
ReutersNEW YORK (Reuters) - Alternative asset managers such as Blackstone Group LP and KKR & Co LP have for decades scoured the stock market for undervalued companies. Now they are trying to convince investors that shares in their own firms are a bargain. As...Tags: Religion and Belief, Goldman Sachs Group, Inc., Blackstone Group, L.P., Thomson Corporation, Finance
May 16, 2013
|Story| Reuters
May 16, 2013
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|Story| WSBT-TV
May 15, 2013
|Story| Los Angeles Times
May 15, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| AP Broadcast
May 13, 2013
|Story| Reuters
May 16, 2013
|Story| Chicago Tribune
May 15, 2013
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May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
May 15, 2013
|Story| Reuters
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