| Source: Reuters
Tiffany & Co. reported a larger-than-expected quarterly profit as the upscale jeweler contained costs and benefited from stronger sales in Asia and Europe, sending its shares up 7.5 percent.
The latest economic data, as well as hardships in the banking sector, suggest that it is time investors shifted to a more prudent approach when it comes to stocks, and look for quality, BlackRock Vice Chairman Robert Doll told CNBC Wednesday.
| Source: Reuters
Deere & Co, the world's largest maker of tractors and harvesters, reported a quarterly net loss on Wednesday on weak equipment sales and a series of one-time charges.
| Source: The Associated Press
Toyota Motor Corp. will replace gas pedals on 3.8 million recalled vehicles in the United States to address problems with sudden acceleration or the pedal becoming stuck in the floor mat, The Associated Press has learned.
| Source: CNBC.com
Global stocks rose on Wednesday, with gold hitting another new high above $1,178 an ounce, after the Federal Reserve raised U.S. growth forecasts for 2010. Experts told CNBC liquidity will continue to drive stocks up, but that investors should see dips as short-term buying opportunities.
| Source: Reuters
Starbucks Corp sees China as its next major market after the United States as a taste for coffee and robust consumer spending fuel sales in the world's most populous nation, its China chairman said on Wednesday.
| Source: Reuters
Compal Electronics, the world's second biggest contract laptop maker, expects fourth-quarter personal computer shipments to climb more than previously expected, its chief financial officer said on Wednesday, pushing its shares up 2 percent in early trade.
| Source: Reuters
China Pacific Insurance, China's third-largest life insurer, has received government approval for its long-delayed plan to float shares in Hong Kong to raise at least 23.3 billion yuan ($3.4 billion).
| Source: Reuters
China Shipbuilding Industry, the country's biggest ship equipment producer, said on Wednesday it would launch an initial public stock offering as it needed 6.4 billion yuan ($937 million) to expand production capacity.
| Source: Reuters
Metro-Goldwyn-Mayer, the famed film studio that is considering selling itself, has sent confidentiality agreements to about 20 interested parties including Time Warner and News Corp , sources familiar with the matter said on Tuesday.
| Source: Reuters
Toyota Motor will recall about 110,000 older model Tundra pickup trucks in the United States due to corrosion problems, the U.S. government and the automaker said on Tuesday.
| Source: CNBC.com
What follows is a roundup of corporate earnings reports for Wednesday, Nov. 25.
| Source: CNBC.com
TiVo announced a quarterly loss that matched analysts' forecasts, but its sales topped expectations.
Tuesday, 24 Nov 2009 | Source: Reuters
Germany's Finance Ministry confirmed that an agreement had been reached to help stricken lender WestLB on Tuesday.
Tuesday, 24 Nov 2009 | Source: Reuters
U.S. food makers H.J. Heinz and Hormel Foods Corp said they expect sales to rise in the coming months as consumers stick to more frugal habits such as eating meals at home instead of going out.
Posts |
TOPIC : Corporate News
For the second time in three weeks I'm at a flu vaccine manufacturing plant today... Read More
20 Nov 2009
Investors, patients and activists, no doubt, hope they won't have to put out a mayday distress call, but as Dendrama's fate would have it, the company announced today that the Food and Drug Administration has assigned May Day as its decision day for the prostate cancer treatment Provenge.... Read More
20 Nov 2009
Earlier this week I reported that Dr... Read More
18 Nov 2009
VVUS this morning unveiled positive late-stage test results on the ED pill... Read More
17 Nov 2009
When I do an interview with a clinical trial investigator I typically try to take care of what I call the "housekeeping" at the beginning or end... Read More
About CNBC | Site Map | Privacy Policy | Terms of Service | Video Reprints | Advertise | Help | Contact
Partners: AOL Money | BloggingStocks.com
Partners: AOL Money | BloggingStocks.com
Data is a real-time snapshot *Data is delayed at least 15 minutesGlobal Business and Financial News, Stock Quotes, and Market Data and Analysis
© 2009 CNBC, Inc. All Rights Reserved.
A Division of NBC Universal
