HP Appoints Investor Whitworth to Board
Hewlett Packard Co. (NYSE:HP) said it will be appointing Ralph Whitworth, the activist investor,to its board,as the newly appointed CEO […]
Business News
ABN AMRO Sells Italy and Belgium Bonds
ABN AMRO Group NV, the Dutch based state owned lender, said that it has cut down its exposure to Belgium
Gold Prices Tumble on Euro Zone Debt Worries
Gold prices tumbled in trading today, suffering their biggest one-day loss in almost two months, as investors, worried about the
Bad News For Sears, Good News for Boeing
Sears Holdings Corp.’s third-quarter loss took a steeper dive, dragged down by weakness in Canada, declining consumer electronics sales and
Gap’s Q3 Profit Falls 36% (GPS)
Gap Inc. (NYSE: GPS), the San Francisco, California-based specialty retailer, after-market close reported a 36% drop in its third-quarter profit
J.M. Smucker’s Q2 Profit Falls 15% (SJM)
J.M. Smucker Co. (NYSE: SJM), a manufacturer and marketer of branded food products globally, today reported a 15% drop in
UBS Provides Details on Investment-Bank Plan
Swiss bank UBS AG (NYSE: UBS) today provided details on its plans to downsize its investment banking unit. The Zurich-based
Boeing Set to Receive Record Order from Lion Air
Boeing Co. (NYSE:BA) is anticipating an order of around 230 planes from Indonesian Airline carrier, Lion Air. Boeing made the
Rambus Loses $4 Billion Lawsuit
Rambus Inc. (NASDAQ:RMBA) lost a $4 billion antitrust lawsuit against Hynix Semiconductor Inc. and Micron Technology Inc. (NASDAQ:MU). The loss
Google Launches Music Service to Rival Apple iTunes
Google Inc. announced the launch of its Android centered Google Music Store on Wednesday, which will take on Apple’s iTunes.