London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.
LONDON, Feb 3- Big-name London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.
Japan's All Nippon Airways is in talks with U.S. aircraft maker Boeing to speed up the delivery of three 777 jetliners as its fleet of 787 Dreamliner airplanes remains grounded with undiagnosed battery problems, the Nikkei newspaper said on Sunday.
TOKYO, Feb 3- Japan's All Nippon Airways is in talks with U.S. aircraft maker Boeing Co to speed up the delivery of three 777 jetliners as its fleet of 787 Dreamliner airplanes remains grounded with undiagnosed battery problems, the Nikkei newspaper said on Sunday.
WASHINGTON, Feb 1- U.S. officials on Friday said they are making progress in their investigation of a battery fire on a Boeing Co 787 Dreamliner in Boston this month, as the grounding of Boeing's entire fleet Of 787 s stretched into a third week.
Leaders of the House Energy and Commerce Committee first requested, in October, documents related to FDA's oversight of New England Compounding Center, the now defunct, Boston- area compounding pharmacy that was at the center of the outbreak.
NEW YORK, Feb 1- U.S.
NEW YORK-- Shares of Thermo Fisher Scientific Inc. rose Friday after the maker of scientific instruments posted better-than-expected fourth-quarter earnings and was upgraded by JPMorgan Chase& Co.. THE SPARK: JPMorgan upgraded the shares of the maker of scientific instruments to "Overweight" from "Neutral."
NEW YORK, Feb 1- Wall Street's current jubilant narrative is that a rush into stocks by small investors has sparked a "great rotation" out of bonds and into equities that will power the bull market to new heights. Investors pumped $20.7 billion into stocks in the first four weeks of the year, the strongest four-week run since April 2000, according to Lipper.
NEW YORK-- PerkinElmer's stock fell Friday after the scientific instrument maker's profit outlook for the year came in mostly below what analysts had expected. THE SPARK: PerkinElmer said Thursday that it expects profit, excluding one-time items, of $2.24 to $2.32 per share this year.
*Average hourly earnings rise four cents. WASHINGTON, Feb 1- U.S. employment grew modestly in January and factory activity touched a nine-month high, supporting views the economy's mild recovery remained on track.
BOSTON, Feb 1- Legg Mason Inc interim Chief Executive Joseph Sullivan said investors should expect the company to name a new chief executive "in the not too distant future."
*McDouble price above $1 in LA, Manhattan and Chicago McDonald's promoting $1 Grilled Onion Cheddar Burger. Feb 1- McDonald's popular $1 McDouble cheeseburger, which has lured customers to the Golden Arches since 2008, is getting hard to sustain as rising beef prices threaten the company's profit margin.
NEW YORK-- Shares of Brightcove tumbled Friday to their lowest point since going public nearly a year ago as the company's full-year and first-quarter forecasts failed to meet Wall Street's expectations.
WALTHAM, Mass.-- PerkinElmer Inc. said Thursday it narrowed its fourth-quarter loss and the scientific equipment and services company issued a full-year forecast range that met market expectations at its top end.
Helped by start-ups in and around Toronto's financial district, the Canadian industry is estimated to manage more than C $30 billion, up from about $15 billion four years ago.
LAWRENCE, Mass.-- Advocates will travel throughout Massachusetts to raise awareness about a new state law that offers new protections to temporary workers. The law offers protections to the approximately 65,000 workers who work temporary, low-wage jobs in Massachusetts.
WALTHAM, Mass.-- Thermo Fisher Scientific Inc. said its fourth-quarter earnings climbed 30 percent on higher sales of specialty diagnostics and other scientific instruments. The company reported net income of $376.4 million, or $1.04 per share, up from $289.9 million, or 77 cents per share, in the fourth quarter of 2011. Revenue grew 6 percent to $3.26 billion.
Jan 31- Dunkin' Brands Group Inc posted a higher-than-expected quarterly profit on Thursday as operating costs fell and sales at established Dunkin' Donuts cafes in the United States came in above analysts' estimates.