GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • Microsoft fixes 19-year-old Windows bug Wednesday, 12 Nov 2014 | 9:42 AM ET

    Nov 12- Microsoft Corp issued patches on Tuesday to fix a bug in its Windows operating system that remained undiscovered for 19 years. The bug, which is present in every version of Microsoft Windows from Windows 95 onward, allows an attacker to remotely take over and control a computer. IBM Corp's cybersecurity research team discovered the bug in May, describing...

  • TORONTO, Nov 12- BlackBerry Ltd's strategy for serving big clients like corporations and government agencies will take shape on Thursday as it launches a new mobile device management platform, a vital component of its turnaround plan. At a San Francisco event, BlackBerry will outline tie-ups with carriers and service providers that will be co-marketing the...

  • Nov 12- Department store operator Macy's Inc forecast faster same-store sales growth in the holiday quarter, and reported a better-than-expected quarterly profit as costs fell. Same-store sales at Macy's, which also owns the high-end Bloomingdale's chain, has either declined or grown slower than a year ago for 11 quarters now, except the second quarter ended...

  • OSLO, Nov 12- Oil services firm Subsea 7 forecast a drop in revenues next year and said it would cut capital spending and possibly its fleet as energy firms curb investment following a slide in oil prices. Oslo- listed Subsea 7, which focuses on the North Sea, Brazil and the Gulf of Mexico, said on Wednesday its order backlog plunged in the third quarter, sending its...

  • LONDON, Nov 12- The Bank of England sees British inflation falling below 1 percent in the next six months and Governor Mark Carney said markets were right to rule out an interest rate hike any time soon. He also pointed to "troubling" developments in the euro zone, home to Britain's main trading partners, where the economy is at risk of falling back into recession.

  • US STOCKS-Wall St to retreat from record highs at open Wednesday, 12 Nov 2014 | 9:05 AM ET

    *BB&T to buy Susquehanna Bancshares for $2.5 bln. Financial companies will be in focus after global regulators fined five major banks- including UBS AG, HSBC Holdings Plc and Citigroup Inc- $3.4 billion for failing to stop their traders from trying to manipulate the foreign exchange market. Citigroup shares dipped 0.6 percent to $53.49 before the opening bell.

  • Tribune shareholder urges asset sale, share buyback Wednesday, 12 Nov 2014 | 8:59 AM ET

    Nov 12- A minority shareholder in Tribune Publishing Co urged the company to sell non-core assets and buy back shares.

  • LONDON, Nov 12- Gold rose on Wednesday as the dollar retreated from earlier highs, but overall sentiment stayed with the bears as outflows from bullion funds showed no sign of slowing. Holdings in SPDR Gold Trust, the world's top gold-backed exchange-traded fund, fell 0.12 percent to 724.46 tonnes on Tuesday- a six-year low. "The overall backdrop is still negative...

  • The FCC plans to travel to large, medium and small markets, making presentations to the broadcast community about the "incentive" auction of airwaves scheduled for mid-2016, which is expected to be the FCC's largest and most complex. The FCC has begun a drive to sway reluctant broadcasters, enlisting investment bank Greenhill& Co to compile a financial packet...

  • UPDATE 1-Bank of England fires chief FX dealer Wednesday, 12 Nov 2014 | 8:53 AM ET

    LONDON, Nov 12- The Bank of England has fired its chief foreign exchange dealer after an investigation criticised his handling of suspicious market practices, the BoE said on Wednesday. The review commissioned by the oversight committee and chaired by Lord Grabiner detailed communications, including emails and telephone call transcripts, between Martin...

  • Nov 12- Fuel cell maker Plug Power Inc posted a bigger-than-expected quarterly loss as it continues to struggle to cut costs, sending its shares down as much as 18 percent in premarket trading. Plug Power has been increasing investments and expanding its clientele in European auto-manufacturing markets to take advantage of the growing interest in clean...

  • AT&T CEO SAYS COMPANY DOES NOT NEED AMERICA MOVIL ASSETS TO BE SUCCESSFUL IN MEXICO.

  • AT&T CEO SAYS INTERESTED IN NEXTEL ASSETS IN MEXICO Wednesday, 12 Nov 2014 | 8:45 AM ET

    AT&T CEO SAYS INTERESTED IN NEXTEL ASSETS IN MEXICO.

  • WASHINGTON, Nov 12- AT&T will pause investments to bring fiber connections to 100 cities until U.S. regulators iron out rules to regulate how Internet service providers manage their Web traffic, the company's chief executive told investors at a conference on Wednesday. "We can't go out and invest that kind of money deploying fiber to 100 cities not knowing under...

  • Forex fixings and how they work Wednesday, 12 Nov 2014 | 8:41 AM ET

    With some 40 percent of the $5.3 trillion a day global market in currencies running through London, the 4 pm " London fix" is the single most-used set of those. The London or "WM/Reuters" fix relates to several exchange rates and is compiled using data on actual transactions from Thomson Reuters, ICAP- owned EBS and others. The rates are calculated by WM, a unit of State...

  • Nov 12- Wal-Mart stores Inc issued an "urgent agenda" memo to its store managers across the United States last month, laying out guidelines to boost sales of "chilled and fresh" food, the New York Times reported. The memo, marked "highly sensitive," asks Wal-Mart marketing managers to make sure they discount aging meat and baked goods to maximize chances of selling them...

  • *Saudi Arabia reports little change in October output. LONDON, Nov 12- Global demand for oil from OPEC next year will be far below its current output level because of the U.S. shale boom, the group said on Wednesday, as its top producer, Saudi Arabia, kept silent on whether it will cut output to remove surplus oil from the market. This is the last report before OPEC meets in...

  • European shares extend losses, utilities slip Wednesday, 12 Nov 2014 | 8:37 AM ET

    LONDON, Nov 12- European shares extended losses in late trading on Wednesday, with utilities stocks falling the most after Italy's Enel lowered its debt-reduction target for 2014 and reported a slight drop in nine-month core earnings. The utilities index fell 1.6 percent, led by a 5 percent drop in Enel shares. And this shows that the underlying problems for the...

  • Energizer quarterly profit falls 19 percent Wednesday, 12 Nov 2014 | 8:34 AM ET

    Nov 12- Energizer Holdings Inc, the maker of Energizer and Eveready batteries, reported a nearly 19 percent fall in fourth-quarter profit, hurt by restructuring and spinoff costs. The company's net income fell to $85.2 million, or $1.31 per share, in the quarter ended Sept. 30, from $105.1 million, or $1.66 per share, a year earlier. Revenue rose 7.1 percent to $1.14...

  • Russians start to feel the pinch as economy struggles Wednesday, 12 Nov 2014 | 8:33 AM ET

    MOSCOW, Nov 12- Alexander Shalin rides a bike to work, shops in local grocery stores and doesn't worry too much about fashion. The 37- year-old manager should be recession-proof, but even he is feeling the pinch from Russia's slowing economy. To escape the "terrible" weather in Russia's second city of St Petersburg, Shalin takes as many foreign trips as he can, but now...