GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • * "Bad news" if Australia refuses to contribute to Green Fund- Su. LIMA, Dec 4- Rich nations' pledges of almost $10 billion to a green fund to help poor nations cope with global warming are "far from adequate," particularly Australia's lack of a donation, the head of China's delegation at U.N. climate talks said on Thursday. Speaking during Dec. 1-12 talks in Lima, Su said donor...

  • LONDON, Dec 4- GlaxoSmithKline said on Thursday it had decided not to sell a portfolio of older drugs marketed in North America and Europe after considering offers from potential buyers. A spokesman for GSK, which was being advised on the disposal by Lazard, declined to give any more details. Bidders, who had been hoping to clinch a deal before the end of the year,...

  • US STOCKS-Wall St flat, on tenterhooks over ECB action Thursday, 4 Dec 2014 | 1:31 PM ET

    *Stocks slide after Draghi speaks, rebound on action hopes. NEW YORK, Dec 4- U.S. stocks were little changed on Thursday, bouncing from initial losses after European Central Bank President Mario Draghi brushed off pressure for more immediate monetary policy action, saying the issue would be addressed early next year. "I don't think Mario Draghi took anything off...

  • LONDON, Dec 4- Anglo-Dutch consumer goods company Unilever is on the hunt to acquire higher-end personal care brands, its chief executive said on Thursday. Speaking at an investor meeting, CEO Paul Polman also said that high valuations in the industry would not be a deterrent for the right deal. "We continue to look at opportunities to bring our personal care...

  • Dec 4- ICAP Plc, the world's largest interdealer broker, said on Thursday it would combine its foreign exchange trading platform EBS and fixed-income trading platform BrokerTec. Interdealer broker revenues have plunged as banks retreat from risky trading to comply with new rules brought in after the 2008 financial crisis, and ICAP has been trying to offset a...

  • *Euro zone shares slide, but Wall Street subdued. NEW YORK, Dec 4- The euro rebounded and bond yields in the euro zone bounced off record lows on Thursday, after the European Central Bank put off until next year a decision about whether to increase economic stimulus, leaving investors uncertain. Stocks in the euro zone fell more than 1 percent and MSCI's measure of...

  • Pacific Sunwear beats Street 3Q forecasts Thursday, 4 Dec 2014 | 12:58 PM ET
    Earnings report

    Pacific Sunwear of California reported a fiscal third-quarter loss of $469,000.

  • Dec 4- ICAP Plc, the world's largest interdealer broker, said it would combine its foreign exchange trading platform EBS and fixed income trading platform BrokerTec.

  • Express 3Q results mixed, cuts full-year forecast Thursday, 4 Dec 2014 | 12:51 PM ET

    Express results topped the average estimate of analysts surveyed by Zacks Investment Research by a penny per share.

  • LONDON, Dec 4- Britain's public sector could "change beyond all recognition" by the end of the decade as a result of deep spending cuts planned by finance minister George Osborne for after May's election, a leading economic think tank said on Thursday. Spending adjusted for inflation in areas such as defense, policing and transport could be as much as 41 percent...

  • WASHINGTON, Dec 4- The Obama administration said on Thursday it would be irresponsible to end government stewardship of the country's biggest mortgage finance firms without legislation from Congress. The comments from a senior Treasury Department official knocked down speculation the administration could eventually release housing finance giants...

  • Dec 4- Michael Fey has left Intel Security Group to become chief operating officer at Blue Coat Systems Inc, a privately owned network security company. Fey was one of the few top McAfee managers to stay with the company after it was bought by Intel Corp in 2011. McAfee is now part of Intel Security Group, where Fey had been chief technology officer.

  • Dollar General trims sales guidance Thursday, 4 Dec 2014 | 12:43 PM ET
    A customer walks into a Dollar General store near Montpelier, Vermont.

    Dollar General reined in its full-year sales forecast and said it remained committed to buying Family Dollar Stores.

  • FRANKFURT/ BERLIN, Dec 4- The European Central Bank will decide early next year whether to take further action to revive the euro zone's economy, its president said on Thursday, signaling that he would not allow opposition from Germany or anyone else to stop it. Very low inflation is seen as a trigger for ECB action such as printing fresh money to buy government...

  • Sears posts $548M loss, doubles store closure plan Thursday, 4 Dec 2014 | 12:36 PM ET
    Banners hang from Sears' flagship store in the Loop on Jan. 22, 2014, in Chicago.

    Sears reported a quarterly net loss of $548 million, and the retailer said it had nearly doubled its planned store closures to cut costs.

  • BUENOS AIRES, Dec 4- Argentina's state bank has moved to bolster the country's reserves by reducing credit to soy farmers holding onto an estimated 8 million tonnes of last year's beans as a hedge against one of the world's highest inflation rates. Argentina is the No. 3 exporter of beans and the top supplier soymeal feed used to fatten up cattle and other...

  • KUALA LUMPUR/ LONDON, Dec 4- Copper climbed on Thursday to its highest in nearly a week as the dollar slid following uncertainty about potential stimulus in Europe and after a fire at a mine, though concerns about the outlook for demand from top consumer China limited gains. Three-month copper on the London Metal Exchange closed up 1.3 percent at $6,465 a tonne,...

  • CHICAGO, Dec 4- U.S. fast-food workers and supporters marched for higher pay in Chicago, Milwaukee and Boston on Thursday as demonstrations advocating for a $15 minimum wage and other labor rights in about 190 cities began around the United States. About 200 demonstrators marched in downtown Chicago starting near the Rock' N' Roll McDonald's, the largest in the...

  • ATHENS, Dec 4- Euro zone ministers are considering extending Greece's bailout by six months to mid-2015, according to a document obtained by Reuters, but Athens said it was only willing to consider an extension of a few weeks to the unpopular program. "Greece has not received any written proposal on an extension," a government official told Reuters.

  • SEATTLE, Dec 4- Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering. Starbucks plans to reap about $1 billion in new sales from the addition of evening menus, including beer, wine and food, at nearly 3,000 of its 11,900...