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(Reuters) – Chesapeake Power Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief government, filling the submit vacated by means of co-founder Aubrey McClendon, the Wall Street Journal mentioned, citing folks acquainted with the topic. Chesapeake and Anadarko might not instantly be reached for comment by […]
SAN FRANCISCO (Reuters) – Yahoo Inc's board has licensed a deal to buy blogging and social networking web page Tumblr for $1.1 billion in cash, the Wall Street Journal cited folks aware of the matter as pronouncing on Sunday. Such an acquisition could be Marissa Mayer's biggest deal on account […]
By means of Caroline Valetkevitch NEW YORK (Reuters) – The S&P 500 broke a five-day string of document closing highs on Thursday, ending a reasonably unstable session lower as contemporary momentum misplaced steam and Apple shares declined. The Dow also broke its two-day string of all-time closing highs, however still […]
Via Ann Saphir, Luciana Lopez and Jonathan Spicer SAN FRANCISCO/NEW YORK (Reuters) – Little over a week after U.S. Federal Reserve policymakers overwhelmingly endorsed a plan to keep buying bonds to spur financial increase and hiring, they’re airing their variations over their tremendous-easy coverage. "I believe we should are attempting […]
TEL AVIV (Reuters) – Facebook Inc is in advanced talks to obtain Israeli cell satellite tv for pc navigation start-up Waze for $800 million to $1 billion, business day-to-day Calcalist stated on Thursday. The deal, which might be Fb's biggest acquisition, would provide the social networking company a mapping service […]
With the aid of Lucia Mutikani WASHINGTON (Reuters) – Job boom doubtless accelerated in April, but more than likely still lacked enough muscle to lend a hand the economy head off the blow from deep government finances cuts and better taxes. Nonfarm payrolls are anticipated to have increased through 145,000, […]
With the aid of Ryan Vlastelica NEW YORK (Reuters) – Stocks rose quite on Tuesday, with the S&P 500 ending at another all-time closing high on a soar in Apple and inspiring financial knowledge. The benchmark index hit a brand new intraday high within the closing minutes of buying and […]
By using Jonathan Stempel and Jennifer Ablan (Reuters) – Warren Buffett may be on safari for main acquisitions, which he likes to name elephants, but shareholders may just wonder if his Berkshire Hathaway Inc has change into the largest elephant within the room. Berkshire has grown to seem more and […]
Through Poornima Gupta and Ben Berkowitz (Reuters) – Tim Prepare dinner needs buyers to "suppose totally different" about Apple: less as a hyper-growth startup-like company and extra as a mature however powerful expertise company with the arena's most lucrative dividend. If Wall Side road follows Apple's famous promotion slogan of […]
LONDON (Reuters) – Stock index futures pointed to a better open on Wall Boulevard on Wednesday, with futures for the S&P 500, Dow Jones and Nasdaq 100 futures all up zero.2 p.c at 0455 EDT ( 0855 GMT). U.S. stocks climbed on Tuesday in a wide rally, getting better from […]
Through Paul Carrel and Andreas Framke FRANKFURT (Reuters) – The European Valuable Bank is nearer to reducing interest rates than at any time because it ultimate minimize them in July 2012 and is prone to shave a quarter-point off at its policy meeting next week. Senior sources concerned within the […]
Via Caroline Valetkevitch NEW YORK (Reuters) – Shares dropped 1 p.c in a extensive decline on Wednesday, led with the aid of a drop in Apple shares on concerns about slowing demand, whereas vitality and different commodity-associated shares sank for a 2d day this week. Apple Inc dropped 5.four percent […]
By means of Dhanya Skariachan and Siddharth Cavale (Reuters) – Chubby-confronted American Woman dolls and the "descendants" of Dracula and Frankenstein's monster are helping Mattel Inc raise sales to pre-teen women as its iconic Barbie franchise shows indicators of aging. The No.1 toymaker mentioned that sales of American Woman dolls […]
Through Rick Rothacker and Tanya Agrawal (Reuters) – Bank of The usa Corp posted a smaller-than-expected elevate in quarterly profit on Wednesday as revenue in most of its businesses dropped, and the financial institution entered a brand new criminal settlement linked to loan bonds. The implications underscore how Financial institution […]
By means of Andrea Shalal-Esa NEW YORK/COLORADO SPRINGS, Colorado (Reuters) – U.S. regulators are discussing whether or not the batteries that burned on Boeing Co's 787 Dreamliner cling any classes for different aircraft or automobiles. George Nield, affiliate administrator for business area transportation on the Federal Aviation Administration, said a […]
