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Business News Now

Stocks Lower in US After Some Weaker Company Results - New York Times

Google Business News - 4 hours 49 min ago

U.S. News & World Report

Stocks Lower in US After Some Weaker Company Results
New York Times
NEW YORK — Stocks were lower Thursday, following disappointing results from several big companies including Procter & Gamble and Facebook. A positive report on U.S. economic growth did little to help the market. KEEPING SCORE: The Dow Jones ...
Stocks open lower after some weaker company resultsLos Angeles Times
Stocks down...Jobless claims rise...2nd quarter GDP up 2.3 percent10TV

all 36 news articles »Google News
Categories: News - Business News

Procter & Gamble Gives a Muted Outlook - Wall Street Journal

Google Business News - 8 hours 7 min ago

Wall Street Journal

Procter & Gamble Gives a Muted Outlook
Wall Street Journal
Procter & Gamble Co. PG 0.49 % gave muted guidance for its new fiscal year on Thursday, as sales fell 9.2% in the June quarter on volume decreases and the company booked a big charge related to an accounting change for its Venezuela operations.
UPDATE 1-Procter & Gamble sales fall for sixth straight quarterReuters
P&G CFO: How stronger dollar really hurt resultsCNBC
P&G Fourth-Quarter Profit Tops Estimates as Lafley Cuts CostsBloomberg
Economic Times -Business Insider
all 58 news articles »Google News
Categories: News - Business News

Chinese hackers also breached United Airlines, report says - USA TODAY

Google Business News - Wed, 07/29/2015 - 14:01

USA TODAY

Chinese hackers also breached United Airlines, report says
USA TODAY
SAN FRANCISCO—The same group of China-backed hackers who attacked the U.S. Office of Personnel Management and Anthem Inc. may also have breached United Airlines around the same time, Bloomberg reported Wednesday. The intrusion took place ...
Life's a breach: Reported attack on United Airlines shows everyone has ...CNET
Sources: United Airlines hit with cyberattack from OPM hackersSlashGear
Chinese Hackers Also Hit United Airlines, Stole Travel InformationBreitbart News
Engadget -eWeek -CRN
all 60 news articles »Google News
Categories: News - Business News

UPDATE 1-Nissan Q1 op profit jumps 58 pct on strong US sales, weak yen - Reuters

Google Business News - Wed, 07/29/2015 - 02:29

Wall Street Journal

UPDATE 1-Nissan Q1 op profit jumps 58 pct on strong US sales, weak yen
Reuters
... * Q1 op profit 193.71 bln yen vs 122.61 bln year-ago. * Easily beats analyst estimate of 163 bln yen. * Vehicle sales up 5.5 pct in US, 11 pct in China. * Japan sales down 10 pct; no change to FY forecasts (Adds details from earnings statement ...
Nissan's quarterly profit up on cheap yen, US sales growthWashington Post
CompaniesEuropean demand drives profit higher at NissanFinancial Times
Nissan first-quarter profit jumps 36%MarketWatch
Bloomberg -Barron's (blog) -Independent Online
all 19 news articles »
Categories: News - Business News

Amazon sees drone zones for future delivery fleet - Salt Lake Tribune

Google Business News - Wed, 07/29/2015 - 01:04

NBCNews.com

Amazon sees drone zones for future delivery fleet
Salt Lake Tribune
Washington • The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.com's vision of the future. While U.S. government regulations now just allow ...
Amazon suggests a separate airspace for delivery dronesBBC News
Amazon Wants Airspace Reserved For Delivery Drones, Reports SayCBS Local
Amazon unveils flight plan for drone deliveryPress Herald
Firstpost -Phys.Org -ZDNet
all 129 news articles »Google News
Categories: News - Business News

Citrix CEO stepping down, activist investor joins board - Miami Herald

Google Business News - Tue, 07/28/2015 - 23:26

Miami Herald

Citrix CEO stepping down, activist investor joins board
Miami Herald
Citrix Systems' CEO Mark Templeton is retiring and a formal search is underway for the next leader, the Fort Lauderdale-based technology company said Tuesday in a series of late-day announcements that included its second-quarter earnings. The publicly ...
Elliot Management Ousts Citrix CEOCMSWire
Citrix CEO to Retire; Elliott Managements Cohn Named to BoardRapid News Network
Citrix Systems CEO Mark Templeton to Retire -- 2nd UpdateNasdaq
IT Business Net
all 47 news articles »Google News
Categories: News - Business News

UPDATE 2-Gilead hepatitis C sales beat Wall Street, sales outlook raised - Reuters

Google Business News - Tue, 07/28/2015 - 16:41

Salon

UPDATE 2-Gilead hepatitis C sales beat Wall Street, sales outlook raised
Reuters
... * Q2 Hepatitis C drug sales total $4.9 billion. * Product sales rise 27 percent to $8.1 billion (Adds company comment, updates share price). By Deena Beasley. July 28 (Reuters) - Gilead Sciences Inc said on Tuesday sales of its hepatitis C drugs ...
How a hugely overpriced hepatitis drug helped drive up US health spendingLos Angeles Times
The staggering success of Gilead's hepatitis drugs, in one chartQuartz
Gilead profit beats Wall Street forecastsSFGate
KDWN
all 168 news articles »Google News
Categories: News - Business News

Amazon creates startup service to find the next GoPro - Fortune

Google Business News - Tue, 07/28/2015 - 11:32

Fortune

Amazon creates startup service to find the next GoPro
Fortune
The company wants to be the go-to retail platform for emerging products. Amazon is offering a new service that will make life easier for start-up founders. Amazon Launchpad, announced on Tuesday, creates an “Amazon Launchpad store” that will showcase ...
Amazon's New Launchpad Page Showcases Startup ProductsForbes
Amazon Launchpad helps startups get products to customersEngadget
Amazon launches its second mini-store for hardware startupsThe Verge
Business Insider -MarketWatch
all 29 news articles »Google News
Categories: News - Business News

UPDATE 1-UPS 2nd-qtr profit rises, tops estimate, despite lower revenue - Reuters

Google Business News - Tue, 07/28/2015 - 07:43

U.S. News & World Report

UPDATE 1-UPS 2nd-qtr profit rises, tops estimate, despite lower revenue
Reuters
(Adds details of results, background, stock price). By Nick Carey. CHICAGO, July 28 (Reuters) - Package delivery company United Parcel Service Inc on Tuesday reported higher second-quarter net profit as improved margins offset a drop in revenue.
UPS Earnings Surge, Led by Growth in International SegmentWall Street Journal
UPS Tops Estimates on International Unit and New PricingBloomberg
UPS earnings top expectations on improved marginsCNBC
Channel News Asia -Nasdaq -SFGate
all 92 news articles »
Categories: News - Business News

Pfizer Boosts Its Earnings Outlook - Wall Street Journal

Google Business News - Tue, 07/28/2015 - 05:20

Wall Street Journal

Pfizer Boosts Its Earnings Outlook
Wall Street Journal
Pfizer Inc. PFE 0.23 % on Tuesday lifted its full-year outlook as its new treatments continued to drive growth in the second quarter. Pfizer said it is now expecting $2.01 to $2.07 a share in adjusted earnings, up from its previous forecast for $1.95 ...
Ask Matt: Should I invest in Pfizer?USA TODAY
Pfizer Profit Beats Estimates as Cancer Drug Sales IncreaseBloomberg
CompaniesPfizer shares pop as it shrugs off dollarFinancial Times
Zacks.com -FOX 13 Tampa Bay, WTVT-TV
all 20 news articles »
Categories: News - Business News

CompaniesGlobal crop weakness snags Dupont - Financial Times

Google Business News - Tue, 07/28/2015 - 04:33

Wall Street Journal

CompaniesGlobal crop weakness snags Dupont
Financial Times
Soft commodities are proving a little too soft for Dupont, the $51bn US company that's spinning off a chemicals business. The company, which is led by Ellen Kullman, warned on Tuesday that lower prices for crops is prompting farmers to rein in spending ...
DuPont warns strong dollar will dent 2015 earningsCNBC
DuPont Cuts Profit Forecast Amid Weaker AgricultureBloomberg
DuPont cuts full-year outlook on weak farm salesSTLtoday.com
Nasdaq
all 16 news articles »Google News
Categories: News - Business News

Melrose Industries soars on £3.3bn sale of Elster to Honeywell - Financial Times

Google Business News - Tue, 07/28/2015 - 01:57

Moneycontrol.com

Melrose Industries soars on £3.3bn sale of Elster to Honeywell
Financial Times
Shares in Melrose Industries rose 13 per cent in early trading after it sold its Elster meter business to US industrial giant Honeywell for £3.3bn in cash. The sale will generate a windfall for Melrose Industries' investors. The UK company, which ...
Honeywell to buy Elster from Melrose for $5.1 blnMarketWatch
U.K. Stocks Rebound After Five-Day Drop Amid M&A as RSA SurgesBloomberg
Honeywell to buy Melrose's Elster business for $5.1 billionReuters India
Channel News Asia -Business Recorder (press release) (blog)
all 41 news articles »Google News
Categories: News - Business News

GM, China's SAIC will develop small vehicles for emerging markets - Reuters

Google Business News - Tue, 07/28/2015 - 00:13

TODAYonline

GM, China's SAIC will develop small vehicles for emerging markets
Reuters
DETROIT, July 28 General Motors Co said on Tuesday it will invest $5 billion over the next several years to develop with its Chinese partner a new family of Chevrolet vehicles aimed at fast-growing emerging markets, in the process offering investors a ...
GM, SAIC Plan to Jointly Design New CarsWall Street Journal
General Motors Bets $5 Billion On Emerging-Market FutureForbes
GM to put $5bn into emerging market carFinancial Times
Bloomberg
all 25 news articles »
Categories: News - Business News

Oil prices drop toward four-month lows on glut worries, equities sell-off - Reuters

Google Business News - Mon, 07/27/2015 - 23:27

Reuters

Oil prices drop toward four-month lows on glut worries, equities sell-off
Reuters
SINGAPORE Oil prices fell towards four-month lows on Tuesday, dropping for a fifth straight session on persistent worries about a global supply glut, while stock market sell-offs on both sides of the Pacific also rattled investor sentiment. Asian ...
Oil prices fall close to four- month lows on ChinaMoneycontrol.com
Oil prices fall close to four-month lows on China, glut worriesFinancial Express
Oil prices fall on China stock, crude oversupply woesEconomic Times
Independent Online -Reuters Africa
all 354 news articles »Google News
Categories: News - Business News

At P&G, Lafley Prepares to Hand Over Reins - Wall Street Journal

Google Business News - Mon, 07/27/2015 - 20:27

Wall Street Journal

At P&G, Lafley Prepares to Hand Over Reins
Wall Street Journal
Procter & Gamble Co. PG -0.40 % brought back A.G. Lafley two years ago to pull the company out of a protracted slump. This week, P&G is poised to announce his replacement. Pending a P&G board meeting Tuesday, the company is expected to announce ...
P&G CEO A.G. Lafley Said to Be Close to Passing Reins to TaylorBloomberg
UPDATE 2-P&G to name David Taylor CEO -WSJReuters
Procter & Gamble to succeed David Taylor to succeed A.G. Lafley: DJ, citing sourceCNBC
Nasdaq -International Business Times UK -Seeking Alpha
all 39 news articles »
Categories: News - Business News

LaGuardia: No more 'third world' airport? Cuomo, Biden say it'll be rebuilt - Los Angeles Times

Google Business News - Mon, 07/27/2015 - 18:31

Los Angeles Times

LaGuardia: No more 'third world' airport? Cuomo, Biden say it'll be rebuilt
Los Angeles Times
LaGuardia Airport was born of controversy after Mayor Fiorello LaGuardia, miffed that his city did not have its own airport, refused to exit a plane that had landed at Newark Liberty International Airport in neighboring New Jersey. Seventy-six years ...
La Guardia Overhaul Gains GroundWall Street Journal
Quotation of the Day: July 28, 2015New York Times
'Third World' LaGuardia poised for jet set makeoverIrish Independent
Newsday -NJ.com
all 324 news articles »
Categories: News - Business News

5 Places Where Gas Prices Are Plummeting - TIME

Google Business News - Mon, 07/27/2015 - 11:16

TIME

5 Places Where Gas Prices Are Plummeting
TIME
Nationwide, the price of gasoline keeps inching lower. According to the AAA Fuel Gauge Report, the average of a gallon of regular was $2.710 as of Monday, nearly a nickel less than the average one week ago ($2.756). “All but seven states in the U.S ...
Gas prices fall 2 cents a gallon in MassachusettsBoston Globe
Gas in Massachusetts dips 2 cents per gallonChron.com
Gas prices fall 2 cents to average $2.71 per gallon in RIWashington Times
Clarksville Online
all 157 news articles »Google News
Categories: News - Business News

Canon cuts outlook as weak camera sales hit second-quarter profit - Reuters

Google Business News - Mon, 07/27/2015 - 01:21

Reuters

Canon cuts outlook as weak camera sales hit second-quarter profit
Reuters
TOKYO Japan's Canon Inc cut its earnings outlook for the full year and reported a 16 percent fall in quarterly profit as consumers, increasingly in the habit of taking photos with their smartphones, bought fewer compact digital cameras. The world's ...
Weak camera sales hit Canon's Q2 profit; reports 16% fallHindu Business Line
Canon Q2 profit down, sales rise; Updates FY outlook – Quick FactsRTT News
Canon profit tumbles 20.5% on weak camera demandYahoo News UK
Vocal Republic
all 12 news articles »Google News
Categories: News - Business News

Tar Heel School Voucher Victory - Wall Street Journal

Google Business News - Sun, 07/26/2015 - 16:26

Wall Street Journal

Tar Heel School Voucher Victory
Wall Street Journal
School vouchers may be the most effective anti-poverty program around, yet they're fought tooth and hammer by the teachers unions. Late last week the North Carolina Supreme Court awarded a victory to poor kids by protecting vouchers from another union ...

and more »
Categories: News - Business News

Amazon posts anomalous profit, Wall Street swoons - Arab News

Google Business News - Sun, 07/26/2015 - 14:10

Arab News

Amazon posts anomalous profit, Wall Street swoons
Arab News
SAN FRANCISCO: Investor enthusiasm for Amazon.com Inc. is pretty consistent: The stock tends to rise, even though the company isn't consistent about making profits. On Thursday it posted second quarter profit of $92 million on sales of $23.19 billion ...
Trumping WalmartFinancial Express
Amazon's value surpasses Wal-Mart after surprise second-quarter profitSoutheast Missourian
Hey Look, Amazon Actually Turned a ProfitDispatch Times
Big News Network.com
all 31 news articles »Google News
Categories: News - Business News
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