GO
Loading...

Latest Business News Wires - Business Headlines

More

  • MicroStrategy shares fall on management shakeup Tuesday, 23 Oct 2012 | 12:19 AM ET

    NEW YORK-- Shares of MicroStrategy Inc. fell Tuesday after the business software company shuffled its managerial ranks, prompting at least one analyst to cut his rating for the company.

  • Sector Snap: Analyst lowers hospital estimates Tuesday, 23 Oct 2012 | 12:18 AM ET

    NEW YORK-- A Raymond James analyst lowered his third-quarter estimates for three hospital operators on Tuesday, saying it looks like patient admissions will be lower than he expected.

  • Manchester United to open office in United States Tuesday, 23 Oct 2012 | 12:17 AM ET

    LONDON-- Manchester United will open an office in the United States to target commercial sponsors. Vice chairman Ed Woodward said Tuesday the record 19- time English champions will open the office on the East Coast as they look to raise more cash to reduce the club's debt.

  • Israel's premier vows to build in Jerusalem Tuesday, 23 Oct 2012 | 12:15 AM ET

    JERUSALEM-- Israel's prime minister vowed Tuesday to continue building in a contested Jerusalem district, just days after European Union criticism of Jewish housing there. Netanyahu said Jerusalem is " Israel's eternal capital" during the visit to Gilo and said Israel has every right to build there.

  • Rodriguez's celeb friends kick off Kohl's launch Tuesday, 23 Oct 2012 | 12:12 AM ET

    Perhaps that's why famous pals Katie Holmes and Julianna Margulies joined Narciso Rodriguez as he launched a limited-edition collection with a more affordable national retailer. Holmes walked the red carpet at the launch party Monday in New York for Rodriguez's line for Kohl's Corp..

  • Regions Financial shares drop as yields shrink Tuesday, 23 Oct 2012 | 12:11 AM ET

    BIRMINGHAM, Ala.-- Regions Financial Corp. on Tuesday posted sharply higher third-quarter earnings, as the regional bank set aside less cash to cover loan losses. Regions reported net income of $301 million, or 21 cents per share, for the three months ended Sept. 30.

  • Health care REITs pressured on Medicare cost issue Tuesday, 23 Oct 2012 | 12:11 AM ET

    BOSTON-- Shares of companies that own Medicare- supported health care facilities fell on Tuesday after an analyst reduced ratings on two of the stocks, citing the potential for cuts to the federal health program. Jefferies& Co. analyst Omotayo Okusanya cut his ratings of Ventas Inc. and Omega Healthcare Investors Inc. to "Hold" from "Buy."

  • Early Glance: Aerospace companies Tuesday, 23 Oct 2012 | 12:10 AM ET

    Boeing fell$. 69 or. 9 percent, to $73.01. Lockheed Martin Corp. fell $1.16 or 1.3 percent, to $91.61. Northrop Grumman Corp. fell$. 82 or 1.2 percent, to $69.38.

  • Early Glance: Pharmaceuticals companies Tuesday, 23 Oct 2012 | 12:10 AM ET

    Baxter International Inc. fell$. 82 or 1.3 percent, to $61.16. Bristol-Myers Squibb Co. fell$. 68 or 2.0 percent, to $33.36. Johnson& Johnson fell$. 82 or 1.1 percent, to $70.96.

  • Seattle Genetics expands collaboration with Abbott Tuesday, 23 Oct 2012 | 12:10 AM ET

    BOTHELL, Wash.-- Seattle Genetics Inc. said Tuesday that pharmaceutical giant Abbott Laboratories has agreed to pay $25 million plus potential milestone payments for the biotech firm's experimental antibodies to fight cancer.

  • Markets slide after weak US earnings reports Tuesday, 23 Oct 2012 | 12:09 AM ET

    LONDON-- Stocks suffered one of their worst sessions in weeks on Tuesday following another batch of weak U.S. corporate earnings and uncertainty over the outcome of the race for the White House. Downbeat updates on Tuesday from chemical company DuPont and manufacturer 3 M added to the uncertainty.

  • WHY IT MATTERS: The Economy Tuesday, 23 Oct 2012 | 12:01 AM ET

    A divided Washington has done little to ease the misery. President Barack Obama wants to create jobs by keeping income taxes low for everyone but the wealthiest, and by spending more on public works as well as offering targeted tax breaks to businesses.

  • FACT CHECK: Missteps in final presidential debate Monday, 22 Oct 2012 | 10:39 PM ET

    ROMNEY on Syria: "What I'm afraid of is we've watched over the past year or so, first the president saying, `Well, we'll let the U.N. deal with it.' And Assad _ excuse me, Kofi Annan _ came in and said we're going to try to have a cease-fire.

  • Johnson Controls booking 4Q restructuring charge Monday, 22 Oct 2012 | 9:28 PM ET

    MILWAUKEE-- Auto parts and building equipment maker Johnson Controls Inc. said Monday that it expects to book a pretax charge between $225 million and $275 million in its fiscal fourth quarter, reflecting costs related to restructuring efforts.

  • Earnings Preview: Aetna reports on 3Q Thursday Monday, 22 Oct 2012 | 3:11 PM ET

    UnitedHealth said its results were helped, in part, by a $390 million benefit it recorded because claims left over from earlier periods came in lower than expected, which freed up money held in reserve.

  • Greek premier throws deputy out of party Sunday, 21 Oct 2012 | 5:30 PM ET

    ATHENS, Greece-- Greek Prime Minister Antonis Samaras says a deputy from his center-right party who has expressed opposition to new austerity measures is no longer part of the parliamentary group and asks that he be stripped of his party membership as well.

  • New protest over Panama land law, but no violence Saturday, 20 Oct 2012 | 9:51 PM ET

    PANAMA CITY-- Hundreds of people opposed to Panama selling state-owned land in a duty-free zone on the Panama Canal have marched through the city of Colon a day after a violent protest resulted in a death and several injuries. No violence has been reported Saturday in the Caribbean port city.

  • Wal-Mart makes push on Target's Minnesota turf Saturday, 20 Oct 2012 | 7:55 PM ET

    ST. PAUL, Minn.-- Target Corp. may be headquartered in Minneapolis, but that's not stopping Wal-Mart Stores Inc. from making an aggressive push in its rival's home state.

  • Argentina evacuating navy ship seized in Ghana Saturday, 20 Oct 2012 | 7:31 PM ET

    BUENOS AIRES, Argentina-- Argentina announced the immediate evacuation Saturday of about 300 crew members from the ARA Libertad, a navy training ship seized in Africa nearly three weeks ago as collateral for unpaid bonds dating from the South American nation's economic crisis a decade ago.

  • NCAA, pro leagues' chiefs to be deposed in NJ case Saturday, 20 Oct 2012 | 6:46 PM ET

    TRENTON, N.J.-- The heads of the NCAA and the four major professional sports leagues will give depositions in a lawsuit that seeks to stop New Jersey from instituting sports gambling.