GO
Loading...

Enter multiple symbols separated by commas

Latest Business News Wires - Business Headlines

More

  • *Hong Kong's gold shipments to China jump in September. The U.S. elections will be closely watched by financial markets, with incumbent Barack Obama seen as more supportive of continued stimulus measures, while Republican challenger Mitt Romney is expected not to favour additional easing.

  • Supplies were arriving in the New York and New Jersey region aboard barges and restarted pipelines, but there were still long lines at gasoline stations, some struggling with depleted inventories and power outages.

  • Nov 5- Netflix Inc has adopted a poison pill defense against a hostile takeover, it said on Monday, days after activist investor Carl Icahn disclosed a stake in the video rental company. Shares of Netflix fell 1.3 percent to $75.90 in early Nasdaq trading.

  • *ICE reports EPS of $1.79, vs expectations of $1.72. Nov 5- IntercontinentalExchange Inc reported a dip in third-quarter profit as over-the-counter North American natural gas and power contracts declined, but the results topped analyst expectations, helped by a lower tax rate and a drop in expenses.

  • NEW YORK, Nov 5- U.S. stocks opened little changed on Monday as cautious traders awaited Tuesday's presidential election to place bets on which sectors are likely to perform better depending on which political party wins. The Dow Jones industrial average was down 25.73 points, or 0.20 percent, at 13,067.43.

  • UPDATE 5-Oil dips near $105 after Sandy hits demand Monday, 5 Nov 2012 | 2:29 PM ET

    LONDON, Nov 5- Oil prices dipped towards $105 a barrel on Monday as investors remained cautious ahead of the U.S. presidential election and eyed demand destruction after Superstorm Sandy, whilst a stronger dollar also weighed.

  • NEW YORK, Nov 5- A week after superstorm Sandy wreaked havoc on New York City and the surrounding area, schools reopened on Monday and millions of commuters fought huge crowds to board subways, buses and suburban trains in an exhausting effort to get back to work.

  • Nov 5- Coal miner SouthGobi Resources Ltd said Chief Financial Officer Matthew O'Kane has resigned, months after the company fired its chief executive after Aluminum Corp of China Ltd dropped a $926 million bid.

  • Nov 5- Morgan Stanley has revamped its institutional securities business, announcing on Monday that Paul Taubman will retire as co-head of the trading and banking unit while co-head Colm Kelleher will remain as president.

  • LONDON, Nov 5- Stick, twist or fold? ``The total wallet back at the peak was about $14 billion for the banking sector in commodities trading. There were 10-14 banks when it was at $14 billion, now there are really five relevant ones,'' said David Silbert, who leads commodities trading at Deutsche Bank.

  • *Sees fiscal 2013 profit of $5.35- $5.75 a share. Nov 5- Rockwell Automation Inc, which makes systems that help factories run more smoothly, set a fiscal 2013 profit target that calls for roughly 5 percent growth in the face of a slowing global economy.

  • *Transocean shares rise after results. President Barack Obama and Republican challenger Mitt Romney sprinted through key states on the last day of campaigning for the White House, with investors eyeing some congressional races.

  • Nov 5- Brazil's Copersucar SA, the world's biggest sugar exporter, will take control of U.S.-based Eco-Energy to become the world's largest ethanol trader, Copersucar said on Monday.

  • LONDON, Nov 5- Stick, twist or fold? ``The total wallet back at the peak was about $14 billion for the banking sector in commodities trading. There were 10-14 banks when it was at $14 billion, now there are really five relevant ones,'' said David Silbert, who leads commodities trading at Deutsche Bank.

  • *Plans to buy Metropolitan Health Networks. Nov 5- U.S. health insurer Humana Inc on Monday said it expects higher profits in 2013, has plans for a $500 million healthcare acquisition, and added President Bruce Broussard will take over as chief executive on Jan. 1.

  • UPDATE 1-Apple says sold 3 mln iPads since Friday Monday, 5 Nov 2012 | 2:08 PM ET

    Nov 5- Apple Inc said it sold a total of three million iPads in the three days since Friday, when it launched the new iPad mini and fourth-generation iPad. This was double the first weekend sales of 1.5 million for Wi-Fi only models for the third generation iPad sold in March, Apple said on Monday.

  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 07.30 AM ET Monday, 5 Nov 2012 | 1:55 PM ET

    LONDON- A U.S. fine for anti-money laundering rule breaches could cost HSBC significantly more than $1.5 billion and is likely to lead to criminal charges, Europe's biggest bank says. ( HSBC/, expect 1715 GMT/ 12.15 PM ET, by Steve Slater and Matt Scuffham, 870 words).

  • Apple says sold 3 mln iPads since Friday Monday, 5 Nov 2012 | 1:45 PM ET

    Nov 5- Apple Inc said it sold three million iPads in the three days since Friday, when it launched the new iPad mini and the fourth-generation iPad.

  • UPDATE 1-GM secures $11 bln credit facility Monday, 5 Nov 2012 | 1:45 PM ET

    DETROIT, Nov 5- General Motors Co said it clinched an $11 billion revolving credit facility, further strengthening the largest U.S. automaker's balance sheet.

  • UPDATE 3-Fitch upgrades Turkey to investment grade Monday, 5 Nov 2012 | 1:44 PM ET

    ISTANBUL, Nov 5- Fitch Ratings upgraded Turkey to investment grade on Monday, a move long coveted by Ankara, citing underlying strengths and an easing in near-term risks for the economy. The upgrade, Turkey's first investment grade rating since 1994, triggered a rally in financial markets.