FRANKFURT (Reuters) - Microsoft will not launch a product that competes directly with Apple's iPhone, Chairman Bill Gates said in an interview with Germany's Frankfurter Allgemeine Zeitung.
Source:
Reuters: Business News | 9 Jan 2008 | 1:04 pm
JJB Sports will refund more than £20,000 to football fans who bought replica shirts from it in 2000 and 2001.
Source:
BBC News | Business | World Edition | 9 Jan 2008 | 1:02 pm
NEW YORK (Reuters) - Goldman Sachs on Wednesday said it
expects the U.S. economy to drop into recession this year,
prompting the Federal Reserve to slash benchmark lending rates
to 2.5 percent by the third quarter.
Source:
Reuters: Business News | 9 Jan 2008 | 1:01 pm
Chemical maker DuPont raised its earnings outlook for both 2007 and 2008 Wednesday, saying it was able to overcome a slowing U.S. economy and higher raw material prices to post better-than-expected results.
Source:
Business and financial news - CNNMoney.com | 9 Jan 2008 | 12:57 pm
NEW YORK (Reuters) - Chemical maker DuPont Co on Wednesday increased its 2007 financial outlook to reflect stronger-than-expected results in the fourth quarter and also raised expectations for 2008.
Source:
Reuters: Business News | 9 Jan 2008 | 12:55 pm
Reuters - Stock futures pared gains on Wednesday
after Goldman Sachs said the U.S. economy would likely slip
into a recession in 2008, fueling nervousness about the outlook
for corporate profits.
Source:
Yahoo! News: Business | 9 Jan 2008 | 12:54 pm
NEW YORK (Reuters) - Stock futures pared gains on Wednesday after Goldman Sachs said the U.S. economy would likely slip into a recession in 2008, fueling nervousness about the outlook for corporate profits.
Source:
Reuters: Business News | 9 Jan 2008 | 12:54 pm
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 9 Jan 2008 | 12:52 pm
Investors were once again looking for direction Wednesday after tumbling into correction the previous session, as investors prepared for the start of earnings season.
Source:
Business and financial news - CNNMoney.com | 9 Jan 2008 | 12:51 pm
Reuters - Countrywide Financial Corp ,
whose shares have tumbled amid worries about the largest U.S.
mortgage lender's survival prospects, on Wednesday said it made
more loans than it expected in the fourth quarter, though
homeowner foreclosures and delinquencies rose.
Source:
Yahoo! News: Business | 9 Jan 2008 | 12:45 pm
NEW YORK (Reuters) - Countrywide Financial Corp , whose shares have tumbled amid worries about the largest U.S. mortgage lender's survival prospects, on Wednesday said it made more loans than it expected in the fourth quarter, though homeowner foreclosures and delinquencies rose.
Source:
Reuters: Business News | 9 Jan 2008 | 12:45 pm
AP - Continued robust expansion in developing countries will help offset a slowdown in the United States this year amid concerns of a possible recession in the world's largest economy and oil prices will gradually decline, the World Bank said Wednesday.
Source:
Yahoo! News: Business | 9 Jan 2008 | 12:43 pm
Apple is to cut the price it charges in the UK for music downloads from iTunes within six months.
Source:
BBC News | Business | World Edition | 9 Jan 2008 | 12:37 pm
NEW YORK (Reuters) - Clothing company VF Corp said on Wednesday it expected earnings per share to increase 10 percent in 2008, excluding the impact of any new acquisitions.
Source:
Reuters: Business News | 9 Jan 2008 | 12:35 pm
Apple has promised UK customers that it will lower the cost of downloading music from its website in line with the prices iPod owners pay in Europe.
Source:
Telegraph Business | 9 Jan 2008 | 12:21 pm
Countrywide (CFC) insists it doesn't have a liquidity problem.
Source:
Business and financial news - CNNMoney.com | 9 Jan 2008 | 12:17 pm
Persimmon, the UK's largest housebuilder, has reported a drop in forward sales amid increasing pessimism in the sector.
Source:
Telegraph Business | 9 Jan 2008 | 12:15 pm
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 9 Jan 2008 | 12:14 pm
President George W Bush has began the most extensive visit to the middle east of his term in office – amid increasing tensions with Iran
Source:
FT.com - US homepage | 9 Jan 2008 | 12:13 pm
BA is expected to launch services flying direct between the US to continental Europe.
Source:
BBC News | Business | World Edition | 9 Jan 2008 | 12:11 pm
Reuters - Chemical maker DuPont Co on
Wednesday increased its 2007 financial outlook to reflect
stronger-than-expected results in the fourth quarter and also
raised expectations for 2008.
Source:
Yahoo! News: Business | 9 Jan 2008 | 12:02 pm
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 9 Jan 2008 | 12:00 pm
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 9 Jan 2008 | 11:19 am
Marks and Spencer sees a 2.2% drop in Christmas sales, adding to signs of slower consumer spending.
Source:
BBC News | Business | World Edition | 9 Jan 2008 | 11:00 am
AFP - European shares slid on Wednesday, with London hit by a gloomy update from retail darling Marks & Spencer, and after heavy overnight US losses sparked by fresh housing strains.
Source:
Yahoo! News: Business | 9 Jan 2008 | 10:59 am
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 9 Jan 2008 | 10:55 am
Apple agreed to cut prices for music downloads on its UK iTunes website to resolve a case brought by European competition regulators after a complaint from a UK consumer body
Source:
FT.com - US homepage | 9 Jan 2008 | 10:51 am
FRANKFURT (Reuters) - BMW kept its title as the world's largest premium carmaker in 2007 as sporty models like the 3 Series cabrio and X5 offroader and the stylish new Mini Clubman lifted group sales by 9.2 percent last year.
Source:
Reuters: Business News | 9 Jan 2008 | 10:37 am
Shares in LG Electronics and LG Chem fall on reports of an exploding laptop, which had an LG Chem battery.
Source:
BBC News | Business | World Edition | 9 Jan 2008 | 10:18 am
Ford's chief executive says he is worried about the slowing US economy, and he may cut output as a result.
Source:
BBC News | Business | World Edition | 9 Jan 2008 | 10:14 am
Reuters - Software group Microsoft
will not launch a product that competes directly with Apple
Inc's iPhone, Chairman Bill Gates said in an interview
with Germany's Frankfurter Allgemeine Zeitung.
Source:
Yahoo! News: Business | 9 Jan 2008 | 9:10 am
France's President Nicolas Sarkozy suggests new taxes on internet and mobile phone use to fund advert-free TV.
Source:
BBC News | Business | World Edition | 9 Jan 2008 | 7:46 am
Bear Stearns chief executive James Cayne resigns after the bank made huge losses in the US mortgage market.
Source:
BBC News | Business | World Edition | 9 Jan 2008 | 6:44 am
New Hampshire voters defied expectations and handed Democrat Hillary Clinton and Republican John McCain upset victories in the primary elections, setting the stage for bruising battles for the nominations of the two major parties
Source:
FT.com - US homepage | 9 Jan 2008 | 6:43 am
NEW YORK (Reuters) - Airbus has won an order worth $6.9 billion from leasing company AWAS Ltd for as many as 100 planes, The Wall Street Journal reported on Wednesday.
Source:
Reuters: Business News | 9 Jan 2008 | 6:31 am
California's largest public pension fund has agreed to buy a 9.9 per cent stake in Silver Lake Partners, making it the latest large US private equity group to tap an outside investor for capital
Source:
FT.com - US homepage | 9 Jan 2008 | 5:02 am
Reuters - Bear Stearns Cos Inc on
Tuesday turned to its star investment banker, Alan Schwartz, to
replace James Cayne as chief executive and revive the company's
badly damaged mortgage franchise.
Source:
Yahoo! News: Business | 9 Jan 2008 | 3:56 am
Bear CEO expected to step down
Source:
Investor's Business Daily: BUSINESS | 9 Jan 2008 | 12:38 am
Supervalu (SVU), a grocery chain, said its Q3 EPS rose 22% to 66 cents, beating views by 3 cents. Revenue dropped 4.2% to $10.21 bil. It cut its...
Source:
Investor's Business Daily: BUSINESS | 9 Jan 2008 | 12:38 am
The U.S. wants to build a missile defense system in northern Poland, but the plan faces opposition from key allies in that part of the world.
Source:
Investor's Business Daily: BUSINESS | 9 Jan 2008 | 12:38 am
APOLLO GROUP (APOL), which runs the Univ. of Phoenix, said Q1 EPS rose 33% to 88 cents ex items, topping views by 15 cents. Revenue rose 17% to...
Source:
Investor's Business Daily: BUSINESS | 9 Jan 2008 | 12:38 am
Financiers' donations to US presidential candidates may have gone to the also-rans, reports James Quinn
Source:
Telegraph Business | 9 Jan 2008 | 12:06 am
BANKING
Source:
Telegraph Business | 9 Jan 2008 | 12:01 am
Credit market turmoil will endure all the way until late 2008, but global economic growth will be held aloft by the resilience of countries such as China and India, the World Bank has said
Source:
Telegraph Business | 9 Jan 2008 | 12:01 am
The Miller Group, Britain's largest private housebuilder, has posted a profits warning amid an ongoing family row about whether the company should be broken up or sold
Source:
Telegraph Business | 9 Jan 2008 | 12:01 am
Analysts were cheered by the relatively upbeat festive trading at a mix of stores. James Hall, Angela Monaghan and Felix Lowe report on the select few that hit their targets
Source:
Telegraph Business | 9 Jan 2008 | 12:01 am
Carlsberg and Heineken came under pressure to significantly raise their proposed bid for Scottish & Newcastle yesterday after the UK brewer's chief executive warned that a "marginally increased" offer would be insufficient.
Source:
Telegraph Business | 9 Jan 2008 | 12:01 am
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