GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *First-quarter EPS $2.64 vs est. *Sales rise 24.4 pct to $904.2 mln; same-restaurant sales rise 13.4 pct. April 17- Chipotle Mexican Grill Inc raised its full-year sales forecast after reporting better-than-expected quarterly revenue as sales surged at established restaurants.

  • Researcher finds flaw in Samsung fingerprint check Thursday, 17 Apr 2014 | 8:47 AM ET

    BERLIN— A Berlin- based researcher says he has managed to fool the fingerprint-based security system on Samsung's new Galaxy S5 smartphone using wood glue and a picture of the original print. Ben Schlabs, an American who works for German firm Security Research Labs GmbH, says the trick is identical to the one hackers used to unlock Apple's iPhone 5 last year.

  • *Morgan Stanley says "strong performance" bolstered FICC. LONDON, April 17- Goldman Sachs and Morgan Stanley both reported stronger net revenue in commodities trading during the first quarter on Thursday, as the two longest-serving banks in the sector took on more risk and benefited from rivals scaling back.

  • *Bank of Canada expected higher overall inflation. OTTAWA, April 17- Costlier energy helped boost Canada's annual inflation by more than expected in March to 1.5 percent from 1.1 percent in February but the less volatile core measure that guides the Bank of Canada edged up to only 1.3 percent from 1.2 percent.

  • Applications for US jobless aid edge up to 304,000 Thursday, 17 Apr 2014 | 8:35 AM ET

    WASHINGTON— The number of people seeking U.S. unemployment benefits last week rose 2,000 to a seasonally adjusted 304,000. Jobless claims continue to be near pre-recession levels despite the slight increase.

  • NEW YORK, April 17- U.S. stock index futures remained little changed after data showed the number of Americans filing new claims for unemployment benefits rose less than expected last week and remained near its pre-recession levels.

  • Target expands subscription service tenfold Thursday, 17 Apr 2014 | 8:34 AM ET

    NEW YORK— Target is vastly expanding the goods available to order by subscription as it fends off its biggest non-traditional retail rival, Amazon.com. Target, based in Minneapolis, is playing catch up in the subscription business, which has exploded as companies test consumer appetites for almost every niche, from socks and razors, to sex toys.

  • WASHINGTON— Americans seeking weekly unemployment benefits rose to 304,000; still at pre-recession levels.

  • US TREASURIES YIELDS HIT SESSION HIGHS AFTER JOBLESS CLAIMS, 10- YEAR NOTES YIELD 2.66 PERCENT.

  • Chipotle 1Q profit misses view, sales surge Thursday, 17 Apr 2014 | 8:29 AM ET

    The Denver company says for the three months ended March 31, net income rose to $83.1 million, or $2.64 per share. That's up from $75.6 million, or $2.45 per share, last year. But revenue climbed 24 percent to $904.2 million from $726.8 million a year ago.

  • Union Pacific railroad's 1Q profit up 14 percent Thursday, 17 Apr 2014 | 8:27 AM ET

    OMAHA, Neb.— The harsh winter didn't keep Union Pacific railroad from delivering 14 percent higher quarterly profit as it hauled more agricultural, industrial and coal shipments. Union Pacific's revenue grew 7 percent to $5.64 billion. Analysts surveyed by FactSet expected Union Pacific to report earnings per share of $2.37 on $5.7 billion revenue.

  • LONDON, April 17- Gold steadied around $1,300 an ounce on Thursday as a lower dollar and accommodative U.S. The metal had fallen nearly 2 percent on Tuesday and has remained broadly range-bound since then around $1,300 on fears over slowing demand in top consumer China.

  • Ukraine PM says Putin trying to wreck election Thursday, 17 Apr 2014 | 8:26 AM ET

    KIEV, April 17- Ukraine's prime minister on Thursday accused Russian President Vladimir Putin of trying to sabotage the country's upcoming presidential election and said Moscow was responsible for deaths in recent clashes in eastern Ukraine.

  • AutoNation fights off winter; profit up 15 percent Thursday, 17 Apr 2014 | 8:19 AM ET

    FORT LAUDERDALE, Fla.— AutoNation, the country's largest car dealership chain, shrugged off winter storms that cut auto sales early this year and posted a nearly 15 percent increase in first-quarter net income.

  • EU warns Russia against using gas for politics Thursday, 17 Apr 2014 | 8:17 AM ET

    BRUSSELS— The European Union is warning Russia that interfering with gas deliveries to Ukraine to apply political pressure would backfire by damaging its reputation as a reliable supplier for the EU.

  • Chairman of China conglomerate being investigated Thursday, 17 Apr 2014 | 8:17 AM ET

    BEIJING— China's ruling Communist Party says the chairman of a massive state-owned conglomerate is being investigated on suspicion of corruption, nine months after the government audited the company.

  • LONDON, April 17- Combined production of crude oil, gas and condensates in the United States is on course to a hit a record this year, passing the previous peak set in 1972.. The rise in output has confounded the famous forecast made by Shell geologist M King Hubbert who predicted that U.S. oil and gas production would peak in the 1970 s and then decline.

  • UKRAINE PM YATSENIUK SAYS RUSSIA SEEKING TO SABOTAGE MAY 25 PRESIDENTIAL ELECTIONS.

  • April 17- Schlumberger Ltd, the world's largest oilfield services company, reported a profit that beat analysts' estimates for the tenth straight quarter, but revenue fell short of expectations due to reduced drilling and pricing pressure in Latin America.

  • April 17- General Electric Co posted a 12 percent rise in overall industrial profits on Thursday, as strength in its businesses selling gas turbines, jet engines and oil industry equipment offset weakness in healthcare and transportation.

Most Popular Video

Thursday, 17 Apr 2014 | 3:15 AM ET

Jonny Forsyth, global drinks analyst at Mintel, says China has been a "cash cow" for drink-makers, but the slowdown is having a big impact on sales.

Thursday, 17 Apr 2014 | 1:35 AM ET

CNBC's Helia Ebrahimi discusses the Co-Operative's troubled story from drug buying allegations against the former chairman, to big financial black holes.

Thursday, 17 Apr 2014 | 3:00 AM ET

European shares opened mixed on Thursday, failing to continue a rally on Wall Street after accommodative comments from U.S. Federal Reserve Chair Janet Yellen.