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  • Jan 21- More than 4,000 employees of American Express Co will lose their jobs over the next year as part of a restructuring program at the credit card company, a spokeswoman said. This will occur over the course a year throughout the organization, " Marina Hoffmann Norville, a spokeswoman for American Express, said in an email. It said American Express would continue...

  • Jan 21- American Express Co plans to cut more than 4,000 jobs over the next year, CNBC reported on Wednesday, citing an unnamed company representative. American Express, which reported fourth-quarter results, was not immediately available for comment when contacted by Reuters. American Express reported a 10.7 percent rise in fourth-quarter profit as...

  • AmEx profit rises 10.7 pct Wednesday, 21 Jan 2015 | 4:22 PM ET

    Jan 21- American Express Co, the world's largest credit card issuer, reported a 10.7 percent rise in fourth-quarter profit as customers in the United States spent more using its cards and the company earned higher net interest income. Net income rose to $1.45 billion, or $1.39 per share, for the fourth quarter ended Dec. 31, from $1.31 billion, or $1.21 per share, a year...

  • *China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • *China data, German ZEW and QE hopes boost sentiment. LONDON, Jan 20- European shares climbed to a new seven-year high on Tuesday after data showed China's economic growth had slowed less than feared and expectations grew that the European Central Bank would launch a quantitative easing programme later this week. "A slowdown in China seems to be at a very moderate...

  • SAN FRANCISCO, Dec 28- For years, Google Inc's commerce chief, Stephanie Tilenius, held a demanding job and helped oversee the medical care of her parents, an experience that led her to leave the Internet search giant in 2012 and start a company to help patients combat chronic disease. The program costs $15 a week and includes reminders to take medication.

  • Oracle pops after beating forecasts Wednesday, 17 Dec 2014 | 4:01 PM ET
    Mark Hurd, co-president of Oracle Corp.

    Oracle delivered fiscal second-quarter earnings of 69 cents per share on $9.60 billion in revenue, topping expectations on the top and bottom lines.

  • Why start-ups need millions: To wine and dine CEOs Friday, 5 Dec 2014 | 10:57 AM ET

    Start-ups have many reasons to raise cash these days. Jai Das of Sapphire Ventures has a new explanation: Wine and sporting events cost money.

  • Nov 24- Workday Inc, a maker of cloud-based human resources software, forecast fiscal year 2016 revenue below market estimates, indicating that its stellar growth was easing and sending its shares down 8 percent after the bell. The company, which resorts to aggressive pricing to outdo larger rivals such as Oracle Corp and SAP SE, also forecast current-quarter...

  • Nov 24- Workday Inc, a maker of cloud-based human resources software, reported a reported a wider third-quarter loss as costs jumped, sending its shares down 5 percent after the bell. The company's net loss widened to $59.9 million, or 33 cents per share, in the quarter ended Oct. 31, from $47.5 million, or 27 cents per share, a year earlier. The company, whose rivals...

  • Early Movers: BHI, HTZ, SBUX, HLF & more Friday, 14 Nov 2014 | 8:05 AM ET

    Some of the names on the move ahead of the open.

  • Nov 13- Oracle Corp and SAP SE have settled long-running copyright litigation for $356.7 million over improper downloads of Oracle files, ending a fierce legal battle between the two enterprise software rivals. The case involved SAP's TomorrowNow unit, which the German company bought to provide software support to Oracle customers at lower rates than what...

  • Wednesday's trading session saw a mixed picture in Asia, with Tokyo shares stealing the limelight to finish at a 7-year high.

  • Bring in Your Parents Day? Don't laugh, it's real Monday, 10 Nov 2014 | 3:25 PM ET
    Bring your parents to work day at Linkedin in New York.

    A lot of parents have no idea what their adult children do for a living. LinkedIn offers one solution—bring them to work.

  • Oct 21- Software maker VMware Inc forecast current-quarter revenue largely below Wall Street's estimates due to a delay in the closing of a large U.S. government deal and lower bookings in Germany, Russia and Japan in the third quarter. VMware, which activist investor Elliott Management Corp wants separated from parent EMC Corp, makes software that creates a...

  • Oct 21- VMware Inc, bucking the trend of weak results from other software makers, reported a better-than-expected quarterly adjusted profit, helped by demand for its software that helps store data more efficiently and cut IT costs. VMware's shares were down 1.5 percent in after-market trade. Excluding items, VMware earned 87 cents per share in the third quarter...

  • Here's why the stock market is calmer this week Monday, 20 Oct 2014 | 2:48 PM ET
    Traders gather at the post that trades IBM on the floor of the New York Stock Exchange, October 20, 2014.

    The market is much calmer this week amid expectations of a more dovish Fed, stabilization in oil prices and easing Ebola concerns.

  • Early Movers: IBM, VFC, HAL, VRX & more Monday, 20 Oct 2014 | 7:43 AM ET

    Some of the names on the move ahead of the open.

  • Meg Whitman, CEO of Hewlett-Packard

    Computing giant Hewlett-Packard is close to breaking itself into two companies, following a months-long process during which it explored the sale of several business units, Re/code reports.