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BA hopeful strike will be avertedBA boss Willie Walsh says he still hopes to avert the latest strike, despite a Twitter row with Unite's Derek Simpson.Source: BBC News | Business | World Edition | 23 May 2010 | 4:19 am Frustration mounts as oil seeps into Gulf wetlands (AP)
Source: Yahoo! News: Business News | 23 May 2010 | 3:54 am Move afoot in Congress to ban drop-side cribs (AP)
Source: Yahoo! News: Business News | 23 May 2010 | 3:52 am Clinton courts Chinese people; tough mission nears (AP)
Source: Yahoo! News: Business News | 23 May 2010 | 3:52 am Should You Pay for Fund Manager Experience? (Screens)Wherry: The wisdom of managers who have seen tricky markets before.Source: SmartMoney.com | 23 May 2010 | 3:01 am Strikes will not ground British Airways: CEOLONDON (Reuters) - British Airways will not be grounded if the first of three five-day cabin crew strikes goes ahead on Monday, chief executive Willie Walsh said on Sunday.Source: Reuters: Business News | 23 May 2010 | 2:56 am Europe's woes to have small global impact: U.S. official (Reuters)Reuters - Europe's financial crisis should have only minimal impact on the global recovery as governments put in place necessary policy counter-measures, a senior U.S. Treasury Department official said Sunday.Source: Yahoo! News: Business News | 23 May 2010 | 2:45 am Europe's woes to have small global impact: U.S. officialBEIJING (Reuters) - Europe's financial crisis should have only minimal impact on the global recovery as governments put in place necessary policy counter-measures, a senior U.S. Treasury Department official said Sunday.Source: Reuters: Business News | 23 May 2010 | 2:45 am Tesla's electric cars plug into power partner Toyota (AFP)
Source: Yahoo! News: Business News | 23 May 2010 | 2:41 am SKorea, China, Japan trade chiefs praise FTA study (AP)AP - Trade ministers from China, Japan and South Korea on Sunday praised efforts to explore a potential joint free trade deal to boost commerce among three of Asia's biggest economies.Source: Yahoo! News: Business News | 23 May 2010 | 2:28 am SKorea, China, Japan trade chiefs praise FTA studyTrade ministers from China, Japan and South Korea on Sunday praised efforts to explore a potential joint free trade deal to boost commerce among three of Asia's biggest economies. South...Source: RSS feed - channel BNewsBusiness | 23 May 2010 | 1:41 am Elbit Imaging Ltd. Announces Share Repurchase PlanSource: RSS feed - channel BNewsBusiness | 23 May 2010 | 1:18 am Toyota took cost-cutting approach on lurching Lexus models, records showThe automaker struggled to diagnose performance problems with the 2002-06 ES models and limited the scope of repairs, company records show. ...Source: RSS feed - channel BNPaperBusiness | 23 May 2010 | 1:00 am Business bookshelf: Why top performers struggleIn 'Chasing Stars,' a meticulous study of Wall Street analysts, Boris Groysberg finds that even for the brightest, changing jobs can throw cold water on a hot career.In the next few weeks, pictures from soccer's World Cup in South Africa will dominate the world's media. Lionel Messi, Wayne Rooney and Cristiano Ronaldo will become even more familiar faces. Source: L.A. Times - Business | 23 May 2010 | 1:00 am Borrowing to pay back isn't best way to raise your credit scoreDear Liz: I am trying to improve my credit score quickly. I have been offered a $5,000 loan from my bank. I would like to use $3,000 to pay off 70% of my credit card debt so that my remaining balances are at or below 30% of the card's credit limits. Then I would like to use the remaining $2,000 to pay back 40% of the $5,000 loan. It seems like this would help my score, as all of my credit card balances are brought down and the personal loan is at only 60%. Will this idea actually help my credit or make it worse? Source: L.A. Times - Business | 23 May 2010 | 1:00 am Getting what you want in home sale negotiations-- When it comes to selling a house, everything from the price to whether the refrigerator stays or goes is negotiable. But negotiating the terms should never be an "I win, you lose" situation. Rather, it should be "I win, you win."Source: L.A. Times - Business | 23 May 2010 | 1:00 am GPS is getting an $8-billion upgradeImprovements, including the replacement of satellites, aim to make the system more reliable, more widespread and much more accurate.Without it, ATMs would stop spitting out cash, Wall Street could blunder billions of dollars in stock trades and clueless drivers would get lost. Source: L.A. Times - Business | 23 May 2010 | 1:00 am How I Made It: J. Mario Molina and John MolinaThe brothers expanded their father's clinic business, Molina Healthcare, into facilities across the country that cater to patients on government medical assistance.The gig: J. Mario Molina and John Molina, who are brothers, run Molina Healthcare Inc., a health maintenance organization provider that operates 19 clinics in 10 states. The company, based in Long Beach, has 2,900 employees and more than 1.4 million customers, most of whom receive Medicaid, Medi-Cal and other government healthcare assistance. Source: L.A. Times - Business | 23 May 2010 | 1:00 am Fiduciary provision may be most important part of financial reform billFinancial advisors now aren't required to put their clients' interests ahead of their own. Although some are fiduciaries, many are little more than salesmen for financial products.Financial professionals are waging a heated battle over a little-noticed part of the financial reform bill moving through Congress that's all about one word: trust. For individual investors who pay professionals to help them invest or plan for retirement, it may be the most important piece of the legislation. Source: L.A. Times - Business | 23 May 2010 | 1:00 am Homeowner association director can't be excluded just for disagreeingQuestion: The board of our homeowner association has barred an elected director from attending any of the board's closed executive sessions. Do the other board directors have the legal right to exclude a director?Source: L.A. Times - Business | 23 May 2010 | 1:00 am What kind of homeowners choose to default?People who walk away from their mortgages are not as calculating as you'd think, says Brent T. White.Memo to the bank: Take this underwater, money-gulping house and go ahead and wreck my credit for years to come. I'm walking away no matter what. Source: L.A. Times - Business | 23 May 2010 | 1:00 am Spanish Revival villa in Los Feliz exudes the glamour of old HollywoodThe 81-year-old house, built around a courtyard, has been meticulously preserved.The glamour of old Hollywood and a bountiful garden lie behind the walls of this 1929 Spanish Revival villa in Los Feliz, built around a courtyard. Source: L.A. Times - Business | 23 May 2010 | 1:00 am Southern California shouldn't play ball with the NFLAs talk heats up again ( again?) about bringing a National Football League team back to Southern California after a 15-year halftime break, I propose that the following slogan be tattooed on the forehead of any civic booster associated with such a proposal:Source: L.A. Times - Business | 23 May 2010 | 1:00 am As Europe falters, China balks at revaluing yuan (AP)
Source: Yahoo! News: Business News | 23 May 2010 | 12:59 am Republican wins Hawaii special congressional voteIn a race that was closely watched during the Republican Party’s effort to retake control of the House of Representatives, Republican Charles Djou won a special election in Hawaii over two Democrats.Source: MarketWatch.com - Top Stories | 23 May 2010 | 12:41 am Crafar sale concerns Federated FarmersFederated Farmers is concerned about the latest moves in the sale of Crafar farms to a part Chinese-owned company.Receivers are progressing the sale of 16 Crafar farms to UBNZ Funds Management, which is partly owned by Chinese...Source: nzherald.co.nz - Business | 23 May 2010 | 12:16 am South Korea, China, Japan trade chiefs meetTrade ministers from China, Japan and South Korea met Sunday to discuss issues including a possible three-way free trade agreement, amid worries over the world economy sparked by Europe's...Source: RSS feed - channel BNewsBusiness | 22 May 2010 | 10:36 pm U.S. goes to Beijing to give exports a liftMore than 200 U.S. officials are flying to Beijing for meetings to try to give American exports to China a lift, but observers are forecasting stormy weather ahead.Source: MarketWatch.com - Top Stories | 22 May 2010 | 10:01 pm ETF Investing: Volatility ETNs ride market's 'fear index'An exchange-traded note that gives investors exposure to futures contracts based on the CBOE Volatility Index has almost doubled from its April low as fear has returned to markets with vengeance.Source: MarketWatch.com - Top Stories | 22 May 2010 | 10:01 pm Cuomo announces candidacy for NY governorAndrew Cuomo, a New York Democrat whose popularity soared on his reputation as a scourge of Wall Street, has ended months of speculation by announcing his candidacy in this year’s election for state governorSource: Financial Times - US homepage | 22 May 2010 | 9:36 pm Investors fleeing Australia due to mining tax: FortescueSYDNEY (Reuters) - International investors are fleeing Australia's resource sector as a result of the government's decision to impose a new 40 percent mining tax, a top mining executive has said.Source: Reuters: Business News | 22 May 2010 | 9:23 pm Investors fleeing Australia due to mining tax: FortescueSYDNEY (Reuters) - International investors are fleeing Australia's resource sector as a result of the government's decision to impose a new 40 percent mining tax, a top mining executive hasSource: RSS feed - channel BNewsBusiness | 22 May 2010 | 9:23 pm U.S. drops criminal probe of AIG executivesNEW YORK (Reuters) - The U.S. Justice Department has dropped a probe of American International Group Inc executives involving the credit default swaps that sent the insurer to the brink of bankruptcy and forced a huge taxpayer bailout, lawyers for the executives said on Saturday.Source: Reuters: Business News | 22 May 2010 | 8:05 pm U.S. drops criminal probe of AIG execs:sourceNEW YORK (Reuters) - The U.S. Justice Department has dropped a probe of American International Group Inc executives involving the credit default swaps that sent the insurer to the brink of...Source: RSS feed - channel BNewsBusiness | 22 May 2010 | 8:01 pm German lawmakers back euro aidBERLIN/BRUSSELS (Reuters) - Germany's parliament approved on Friday a $1 trillion safety net to stabilize the euro as fears swirled that Europe's debt crisis and tougher financial regulation may choke economic recovery.Source: Reuters: Business News | 22 May 2010 | 7:20 pm John Hyman no longer joining Nomura: spokesmanLONDON (Reuters) - Former Morgan Stanley banker John Hyman will not join Nomura to become its new co-head of global finance at its London operation as had been expected due to regulatory...Source: RSS feed - channel BNewsBusiness | 22 May 2010 | 7:14 pm John Hyman no longer joining Nomura: spokesmanLONDON (Reuters) - Former Morgan Stanley banker John Hyman will not join Nomura to become its new co-head of global finance at its London operation as had been expected due to regulatory issues, a source said on Saturday.Source: Reuters: Business News | 22 May 2010 | 7:14 pm Gulf oil disaster proves easy target for lawmakersThe month-old oil disaster in the Gulf of Mexico has unleashed a gusher of congressional hearings that may prove nearly as hard to cap as the blown BP well. In an election year rife withSource: RSS feed - channel BNewsBusiness | 22 May 2010 | 6:45 pm Obama seeks tougher mileage, efficiency standardsPresident Barack Obama is setting the nation's sights on vehicles that run on half the fuel they now use and give off half the pollution. Obama on Friday directed the government to set...Source: RSS feed - channel BNewsBusiness | 22 May 2010 | 6:29 pm Facebook and a question of trustFlying back to Toronto from New York this month, Matthew Milan had an epiphany: he was going to quit Facebook. The internet consultant had just ploughed through a series of articles attacking the social network’s stance on privacy and the way it handles the information entrusted to it by users.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm US pressure on Pru bidTHE US Treasury has secretly resurrected plans to float AIA, the Asian insurer, amid fears that a planned £24 billion sale of the business to Prudential, Britain’s biggest insurer, could fall apart.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm Whitehall contracts to be ripped upDavid Laws, the chief secretary to the Treasury, is ordering government departments to renegotiate contracts with all their biggest suppliers, demanding cuts of up to 30%.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm EU crisis may hit carbon targetsThe European Commission is under pressure to shelve plans to raise its target for greenhouse gas emission cuts from 20% to 30% amid fears that further uncertainty would be too damaging to fragile world markets.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm Markets on alert after bank bailoutFEARS of further turbulence in the financial markets mounted yesterday as Spain was forced to bail out one of its biggest regional banks, adding to worries about the eurozone.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm Nigerian billionaire enters battle for ArsenalOne of Africa’s richest men is plotting to buy a stake in Arsenal in a move that could trigger a full-blown takeover battle for the Premier League football club.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm Hunt for the greenest pintA team of scientists in South Africa has devoted the past few years to finding a way to cut the energy used in making beer. And they may have found it.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm Sir Stelios Haji-Ioannou puts £3m price on peace with EasyjetThe founder of Easyjet, Sir Stelios Haji-Ioannou, offered to settle the long-running dispute with the budget airline over use of the Easy brand in return for £3m a year of royalty payments.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm M&S staff to share £80m bonus potMore than 72,000 staff at Marks & Spencer will share an £80m bonus pot this week.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm Directors will face election every yearDIRECTORS will be forced to put themselves up for re-election by shareholders every year under controversial measures to be introduced in a new boardroom code published this week.Source: Latest Business News from Times Online | 22 May 2010 | 6:01 pm Crafar sale worries GreensThe Greens are worried at the sale of the Crafar farms to offshore The Green Party says the Government should block the sale of the Crafar dairy farms to overseas investors.Chinese investors UBNZ Funds Management (UBNZ) are looking...Source: nzherald.co.nz - Business | 22 May 2010 | 5:42 pm Record depth of Bryers' debt revealedNew documents reveal Blue Chip boss Mark Bryers owes $235 million - believed to be the largest bankruptcy in New Zealand.Court papers also reveal he entered bankruptcy last October, claiming he had only $300 in a bank account...Source: nzherald.co.nz - Business | 22 May 2010 | 4:28 pm Hedge funds bet big on the falling euroHedge funds that made millions from the implosion of America's subprime market are betting on a similarly dramatic collapse of the euro.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 4:09 pm Crest Nicholson sale 'a stitch-up', say rivalsRival suitors have emerged in the race to buy Crest Nicholson, the beleaguered housebuilder, but claim they are being blocked from a potential deal that could mean increased returns for taxpayers with a stake in Lloyds Banking Group.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 4:03 pm Crew union says BA strike goes beyond perksThe chief conciliator at Acas was last night exploring whether eleventh-hour talks between British Airways and unions could be revived after protesters brought a dramatic halt to attempts to avert a 15-day strike.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 4:00 pm Philip Green, chief executive of United Utilities, to step downPhilip Green, the chief executive of United Utilities, is expected to leave the FTSE 100 company before the end of the year, according to sources.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 3:59 pm Capital & Regional directors' 79pc cut appeases investorsThe directors at one of Britain's largest shopping centre and leisure park owners have had their pay cut by 79pc in the face of shareholder fury at rising remuneration elsewhere in the corporate world.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 3:57 pm Prudential's Thiam says he will take up his £1.5m rightsTidjane Thiam pledges to take up his £1.5m allocation in Pru's £14.5bn rights issue following attack on executive "get-out clause".Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 3:45 pm Weinsteins still in the chase to buy Miramax from Disney for $625mThe Weinstein brothers were on Saturday forced to confirm publicly that they were still in talks to buy Miramax following reports that the deal had fallen apart.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 3:33 pm Businesses fear deficit cuts will hit projectsThe spending promises made to British industry by Lord Mandelson in the months before the election are among the projects earmarked for cancellation in the coalition spending review, which starts tomorrow.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 3:32 pm Marks & Spencer's rise in profit paves the way for 'radical' changesMarks & Spencer, the UK's largest clothing retailer, will unveil full-year pre-tax profit of £628m this week, up 4pc from £604.4m last year. The results will be the last under Sir Stuart Rose, the chairman, who will step down by next spring at the latest.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 3:31 pm Obama signals drilling law changeUS President Barack Obama has raised the prospect of changing US laws on drilling in the Gulf of Mexico following the catastrophic BP oil spill in the region.Source: Finance and Business. Latest breaking news, stocks and shares from the UK and world | 22 May 2010 | 3:30 pm Grace Foods recalls cans of corned beefCaribbean food products maker Grace Foods USA is voluntarily recalling two batches of its canned corned beef because they have higher than acceptable levels of a drug used to treat cattle...Source: RSS feed - channel BNewsBusiness | 22 May 2010 | 3:18 pm NewsWatch: U.S. stock market mulls implications of correctionInvestors will decide whether the mass exodus from risky assets was overdone. The answer could depend on European efforts to stem sovereign-debt troubles and rescue the euro.Source: MarketWatch.com - Top Stories | 22 May 2010 | 3:00 pm Some oil spill events from Saturday, May 22, 2010HOW MUCH? BP has conceded that more oil is leaking than its initial estimate of 210,000 gallons a day total, and a government team is working to get a handle on exactly how much is...Source: RSS feed - channel BNewsBusiness | 22 May 2010 | 2:50 pm Lawyers say no criminal charges in AIG cases (AP)
Source: Yahoo! News: Business News | 22 May 2010 | 2:30 pm FDIC Bank Closures Hit 73 For 2010The FDIC total bank closures hit 73 on Friday. Pinehurst Bank, St. Paul, Minnesota, was closed today by the Minnesota Department of Commerce, which appointed the Federal Deposit Insurance Corporation as receive. According to the agency, As of March 31, 2010, Pinehurst Bank had approximately $61.2 million in total assets and $58.3 million in total [...][[ This is a content summary only. Visit my website for full links, other content, and more! ]] Source: 24/7 Wall St. | 22 May 2010 | 2:04 pm Protesters bust-up labor talks at British AirwaysTalks between British Airways and its cabin crew unionl came to a halt Saturday after protesters interrupted negotiations.Source: MarketWatch.com - Top Stories | 22 May 2010 | 1:19 pm Auctioneer: Swedish stamp keeps world record (AP)
Source: Yahoo! News: Business News | 22 May 2010 | 1:01 pm How much is a dead pelican worth?Just how much is a dead pelican worth? BP is about to find out.Source: Business and financial news - CNNMoney.com | 22 May 2010 | 12:15 pm Wall Street reform: Next stepsNow that Wall Street reform has passed both chambers of Congress, the next step for lawmakers is to work out the differences.Source: Business and financial news - CNNMoney.com | 22 May 2010 | 12:15 pm Protesters disrupt British Airways strike talksLONDON (Reuters) - Negotiations aimed at avoiding three five-day strikes by British Airways cabin crew ended without resolution on Saturday after protesters gate-crashed talks between union leaders and the airline in London.Source: Reuters: Business News | 22 May 2010 | 12:02 pm Stocks to Watch: Campbell Soup, Donaldson, Phillips-Van HeusenAmong the companies whose shares are expected to see active trading in Monday's session are Campbell Soup, Donaldson and Phillips-Van Heusen.Source: MarketWatch.com - Top Stories | 22 May 2010 | 11:56 am Jon Markman's Speculations: Seven worries for Wall Street, and what's nextIt was a global margin call, and no risky asset classes were spared a scrape with the capital-eroding bug this week. The weird thing, though, is that there really weren't any especially nasty headlines. The U.S. economic news wasn't red-hot, but markets have blithely cold-shouldered much worse in the past 12 months. So what's really going on?Source: MarketWatch.com - Top Stories | 22 May 2010 | 11:35 am U.S. won't prosecute AIG execs: reportCriminal investigation related to a financial implosion at American International Group Inc. two years ago closed without charges..Source: MarketWatch.com - Top Stories | 22 May 2010 | 11:29 am Obama: Complacent regulators played oil-spill roleMonthlong outflow of crude from a broken oil-rig pipe in the Gulf of Mexico will require a hard look at the cozy relationship between the oil industry and the government, president says.Source: MarketWatch.com - Top Stories | 22 May 2010 | 10:34 am Air India Express crash kills 158 people: reportsJet reportedly overshot a runway in southern India, falling into a valley, bursting into flames and killing 158 people on board, according to media reports.Source: MarketWatch.com - Top Stories | 22 May 2010 | 10:02 am Hill shares his tricksMove over Anthony Robbins. Michael Hill, founder of jewellery retailing chain Michael Hill International, is now entering the life-coaching business.Hill will hold his first large, public motivational seminar at the Sky City Convention...Source: nzherald.co.nz - Business | 22 May 2010 | 10:00 am Bernard Hickey: Housing squeeze will widen generation gapThe great New Zealand dream is focused on family, home ownership, retirement and grandchildren. This life cycle of real estate is taken for granted, or at least it has been until recently.The assumption is any hard-working young...Source: nzherald.co.nz - Business | 22 May 2010 | 10:00 am Vestar head 'knew' of Bridgecorp woesA Waikato couple allege that two months after Bridgecorp collapsed the founder of financial advisory firm Vestar told them he had known for a year about issues with the finance company.The couple, who declined to be named, say...Source: nzherald.co.nz - Business | 22 May 2010 | 10:00 am Good Guys muscle in on Kiwi marketGiant Aussie retailer The Good Guys is aiming to shake up the New Zealand appliance retailing scene with offers of discounts for cash buyers.With more than 90 outlets across Australia, the company has now opened its first large-format...Source: nzherald.co.nz - Business | 22 May 2010 | 10:00 am Martin Hawes: Use your pay rises to build up ownership wealthMost people who become wealthy do so because they have built up a business or a portfolio of property investments. Not many people become wealthy by means of their jobs - ownership is the best way to wealth.There is only one way...Source: nzherald.co.nz - Business | 22 May 2010 | 10:00 am Matt McCarten : Brutal Budget wallops the poor, pampers the richThis week's Budget is a public relations success. John Key's spin doctors deserve a bonus. The pre-budget "framing" was first class. The tax on tobacco and the rollout of Whanau Ora and other matters that could detract from Thursday's...Source: nzherald.co.nz - Business | 22 May 2010 | 10:00 am High-flying Kiwis' clothing companies in strifeTwo clothing companies owned by high-flying Kiwis have run into financial strife - with their owners linked by underwear model Nicky Watson.Kiwi businessman Eric Watson is under pressure after the New York Stock Exchange threatened...Source: nzherald.co.nz - Business | 22 May 2010 | 10:00 am Jobs and tax bill to cost $134 billionCongressional budget scorekeepers said that a grab-bag bill of spending and tax measures to be taken up this week would increase federal deficits by $134 billion over a decade.Source: Business and financial news - CNNMoney.com | 22 May 2010 | 9:44 am Obama launches commission into oil spillPresident Barack Obama has launched a commission to investigate the oil spill into the Gulf of Mexico which will be co-chaired by Democratic senator Bob Graham and William Reilly, former head of the Environmental Protection AgencySource: Financial Times - US homepage | 22 May 2010 | 8:06 am GM may be worth $67 billion. Really.What's GM worth? The answer will help determine if taxpayers are able to make a profit from the automaker's bailout.Source: Business and financial news - CNNMoney.com | 22 May 2010 | 7:55 am Bonds ring economic alarm bellsEconomists generally aren't worried about the U.S. or global economy falling into another recession. Looking at the bond market, many investors don't agree.Source: Business and financial news - CNNMoney.com | 22 May 2010 | 7:49 am Air Arabia Egypt flights to begin in JuneDUBAI (Reuters) - UAE-based low cost airline Air Arabia will begin flights on its new Egypt-based carrier in June after it received an operating certificate from Egyptian authorities, the company said on Saturday.Source: Reuters: Business News | 22 May 2010 | 7:28 am Indian air crash kills 158 peopleAn Air India flight from Dubai to the southern Indian city of Mangalore crashes killing 158 people in what is the country’s worst aviation disaster for nearly a decadeSource: Financial Times - US homepage | 22 May 2010 | 6:55 am Pope calls for ethics in world economy (AP)
Source: Yahoo! News: Business News | 22 May 2010 | 6:54 am Nokia Siemens sees quarterly profit: reportFRANKFURT (Reuters) - Telecom equipment venture Nokia Siemens Networks aims for an operating profit margin of up to 3 percent on revenue of between 3.1-3.4 billion euros ($3.88-$4.25 billion) in the current quarter, according to a Sunday newspaper.Source: Reuters: Business News | 22 May 2010 | 5:56 am
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