NEW YORK (Reuters) - Shares of mobile phone maker Palm tumbled on Friday on questions over its ability to survive in a tough market dominated by Apple, Google and Research in Motion. Its shares fell 19 percent in early Nasdaq trading to ...
BEIJING/HONG KONG (Reuters) - China's leading banks will likely affirm their lending will remain brisk and be more profitable this year, their immediate capital needs have been met and that souring loans are at manageable levels. Profits at the 14 listed banks, ...
SEOUL (Reuters) - Technology powerhouses Samsung Electronics and LG Electronics reinforced market optimism that strong demand recovery is in place, while cautioning that competition from global rivals is heating up. The comments from Samsung, the world's top maker of LCD flat screens ...
NEW YORK (Reuters) - A Manhattan federal judge on Thursday barred the financial news service Theflyonthewall.com from issuing immediate news about analyst research from several Wall Street banks, often before recommendations are shared with clients. Ruling in favor of Bank of America ...
NEW YORK (Reuters) - FedEx Corp <FDX.N> raised its fiscal-year outlook on Thursday after quarterly profit more than doubled, with strong Asian export volumes more than compensating for flat U.S. demand. Although the package delivery giant said the economic recovery was broadening, ...
CHICAGO (Reuters) - Winnebago Industries <WGO.N> posted its first quarterly profit in nearly two years as sales of its largest and most expensive motorhomes rebounded modestly. The results from the leading U.S. maker of recreational vehicles provided an encouraging sign that the ...
SAN FRANCISCO (Reuters) - Nike Inc <NKE.N> posted a return to sales and profit growth on Wednesday and forecast higher expected orders around the world after a year of declines, sending its shares up more than 3 percent. The largest global sports ...
WellPoint says net income will fall in 2010 as economy pressures enrollment Health insurer WellPoint says it expects net income to fall as much as 11 percent this year as enrollment falls by about 400,000 patients. The Indianapolis-based company affirmed its previous ...
SAN FRANCISCO (Reuters) - Shares of Intel Corp <INTC.O> jumped 4 percent to their highest in more than a year on expectations that robust Asian sales and a rebound in corporate spending will help the chipmaker beat current-quarter earnings estimates. The rally ...
WASHINGTON (Reuters) - Rudolf Jaenisch, whose stem cell lab at the Massachusetts Institute of Technology has consistently broken new barriers in the field, is the world's "hottest" researcher, according to a survey by Thomson Reuters. The annual hot list from Thomson Reuters' ...
