 Unremarkable moves on Wall StreetU.S. stocks spent the day see-sawing Wednesday as events in Greece kept industrial stocks on edge, while the geek-sector was helped by the record $5 billion IPO for Facebook.
Shares in the oil and... | |
 Settlement reached in 15 more phone hacking casesLONDON - Rupert Murdoch's News Corp's British arm has reached out of court settlements with 15 more phone hacking victims including politicians, sportsmen and celebrities in the scam, the high court... |
 In 2011 German exports edged past trillion euros mark BERLIN - German exports have grown 11.4 per cent to top one trillion euros in 2011 but a sharp decline towards the end of the year has triggered fears in Europe's biggest economy, according to fresh... |
 Shareholders force Yahoo board shake upSAN FRANCISCO - Yahoo's chairman and three other board members have decided not to stand for re-election, giving in to the demands of its shareholders frustrated over the Internet company's declining... |
 Aviation safety agency orders inspection of entire A380 fleetSYDNEY - Australia's flag carrier Qantas Airways Ltd. said Wednesday it has pulled one of its A380 super jumbos out of service after cracks were discovered in its wings, despite Airbus assuring that... |
 Weaker commodities price see BHP Billiton profits dipMELBOURNE - Global mining major BHP Billiton is planning a rethink on its focus areas for investments including the American shale gas venture, with weakening global commodity prices pulling down the... |
| US stocks edge higher on Greece hopes US stocks edged higher Wednesday as investors were still hoping the debt talks in Greece will be resolved, Xinhua reported.
Despite the hopes, some investors were concerned that as the talks dragged... |
| US stocks slip The US stocks slipped in midday trading Wednesday as investors' concerns mounted amid prolonged debt talks in Greece.
The Dow Jones industrial average fell 30.05 points, or 0.23 percent, to... |
| Microsoft may remove 'iconic' start button in Windows 8 Microsoft's iconic start button, which was introduced in Windows 95, is likely to be removed in the software firm's upcoming Windows 8 version, according to a report.
The start button evolved to... |
| Cary proximity key to Caterpillar relocation CHAMPAIGN, Ill. - Caterpillar Inc. has ruled Illinois out of plans to relocate a factory and 1,400 jobs from Japan, citing both logistical problems with building the plant in its home state and... |
| US stocks rally from early losses Stocks staged an afternoon-long rally and closed higher on Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt. The Dow Jones... |
| Indigo Books posts lower earnings IDG-T increased its revenue to almost $353-million in its third quarter, but reported a lower net profit of just over $14-million, the company said Wednesday.Indigo said it had net and comprehensive... |
| Citigroup expects local bourse to challenge 9,000 points Citigroup Global Markets said Wednesday with the market awash in high liquidity, it is possible for the Taiwan Stock Exchange capitalization weighted index to challenge 9,000 points in 2012. In a... |
| Caterpillar rules Illinois out of plant plans Caterpillar Inc. has ruled Illinois out of plans to relocate a factory and 1,400 jobs from Japan, citing both logistical problems with building the plant in its home state and ongoing concerns about... |
| Nelson waives discharge of his debts Curtis Carlson Nelson, who once claimed a net worth of more than $29 million, agreed Wednesday to spend his immediate future under a $41.3 million cloud of debt as he fights through Chapter 7... |
| Whole Foods to build store in downtown Minneapolis Organic and natural foods grocer Whole Foods said Wednesday afternoon that it will open a store at the former Jaguar dealership site in downtown Minneapolis. Long rumored to be the anchor tenant of... |
| Lower-hassle screening to be tested at 35 airports; some passengers won't have to remove shoes WASHINGTON - A new passenger screening program to make check-in more convenient for certain travelers is being expanded to 28 more major U.S. airports, the government said Wednesday. There will be... |
| Real estate field reacts to S.D. MLS's data idea Real estate bloggers in San Diego and elsewhere applauded and booed the San Diego region's MLS after it said it will allow members to enter their contact... |
| Two Del Mar area hotels up for sale Two Del Mar-area hotels valued at more than $100 million are being marketed for sale by their owner, Orange County-based Sunstone Hotel Investors, a national real estate trade publication has... |
| Port staff backs pier parking garage but not 'Wings' Navy Pier, next to the Midway Aircraft Carrier Museum, would be reconfigured with a park on top of a parking garage, a 500-foot sail-like structure called "Wings of Freedom" and an... |
| Mitek's shares jump after solid quarter Shares of San Diego's Mitek Systems surged 18 percent on Wednesday after the San Diego maker of mobile deposit applications posted better than expected earnings for its fiscal first quarter... |
| Gamestop, Ralph Lauren, Sprint are market movers NEW YORK -; Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Gamestop Corp., up 77 cents at $24.50 The video game... |
| LRAD posts profit for quarter LRAD, a San Diego maker of long range acoustic hailing systems, posted revenue of $3.6 million and net income of $314,000, or 1 cent per share, for its fiscal first quarter ended Dec. 31.Sales... |
| Cisco beats estimates with 2Q earnings, sales In this Feb. 2, 2012 photo, shows Cisco CEO John Chambers watches a Stanford basketball game in Palo Alto, Calif. Cisco Systems Inc., reports quarterly financial results Wednesday, Feb. 8, 2012,... |
| Job outlook keeps improving The local job outlook looks stronger than it has in more than three years, suggesting continued growth in 2012, according to an employment index released today by San Diego Workforce Partnership, a... |
| CEO apologizes after Path uploads contact lists NEW YORK -; Social-sharing app Path has come under fire for accessing and uploading users' phone address books without their permission. The information has now been deleted, and Path has... |
| Review: Soulo converts iPad into karaoke machine This product image provided by First Act, Inc., shows the Soulo Digital Wireless Mic and App, a consumer electronics product that turns an iPad into a karaoke machine. (AP Photo/First Act, Inc.) -... |
| Time Warner sees growth after Harry Potter movies FILE - In this Jan. 3, 2008 file photo, the Time Warner Center is shown in New York. Time Warner said Wednesday, Feb. 8, 2012, its fourth-quarter earnings grew slightly as revenue jumped 8 percent on... |
| News Corp's earnings soar The global media organisation's second quarter net income (net profit) leapt 65 per cent to $US1.06 billion ($A984.49 million) in the three months to December 31, from $US642 million ($A596.27... |
| News Corp. profit climbs 65% on cable, studios Media conglomerate News Corp. said Wednesday that its fiscal second-quarter profit rose 65 percent on increased earnings at its cable-television networks and film and television studios.The company... |
| State probe of forced mortgage insurance heats up Access Denied. A probe by New York State’s top financial services cop into possible fraud in the sale of pricey mortgage insurance is being stonewalled by a pair of Wall Street firms who refuse... |
| After Hours: Cisco slips, Groupon drops in after-hours LOS ANGELES (MarketWatch) -- Cisco Systems Inc. shares slipped late Wednesday, giving up gains that came after the networking equipment maker turned in better-than-anticipated financial results.... |
| Whole Foods lifts outlook on sales growth SAN FRANCISCO (MarketWatch) -- Whole Foods Market raised its fiscal 2012 outlook Wednesday as the upscale grocer continues to resonate with shoppers and fund store expansion with cash on... |
| Canadian Markets: Canada stocks rise on Greek debt talks progress NEW YORK (MarketWatch) -- Canadian stocks finished slightly higher Wednesday, finding last-minute support on a report Greece had moved closer to a deal to ensure further financing from the European... |
| Stocks to Watch: Stocks to watch Thursday: Groupon, PepsiCo CHICAGO (MarketWatch) -- Among the stocks that could see active trade in Thursday's session are Groupon, Dunkin' Brands, Lorillard and... |
| Wall Street erases early gains US stocks gave up early gains on Wednesday as the Dow hovered at its highest level in nearly four years and investors awaited the latest attempt by Greece to reach a deal on reforms in exchange for a... |
| News Corp shrugs off $87m loss on NoW closure as profits soar News of The World cost Rupert Murdoch's News Corp $87m in the last three months of 2011, the company has announced. But the media giant shrugged off the hacking scandal as net income increased... |
| Kipper Williams on Nokia Apple to pay ongoing royalties to Nokia after legal dispute in which Finnish phone maker accused Apple of infringing 24 patents. By Charles... |
| Bank of England stands by the presses as prospect of more QE grows If the Bank of England's MPC agrees to another 50bn of QE on Thursday, it will bring the total to 325bn. Photograph: Shaun Curry/AFP/Getty... |
| Austerity is turning Germany into a basket case too Now industrial production and export orders are declining even in Europe's powerhouse, as the austerity Berlin demands stifles its customers'... |
| What a previous big mining club deal can show us about the Glencore offer mining club.Andrew Keen, analyst at HSBC, reminds us that BHP Billiton initially offered a 21% premium when it bid for Rio Tinto at end of 2007. Tom Albanese, Rio's boss, reckoned that was... |
| Project Merlin proves less than magic the Project Merlin agreement , signed a year ago on Thursday, will be published on Monday and, given the data published so far, will again show that net lending will be negative.Even so, Stephen... |
| RBS boss Stephen Hester speaks out after bonus row Stephen Hester, chief executive of Royal Bank of Scotland, has spoken out after the row over his bonus. Photograph: Dominic Lipinski/PA Archive/Press Association... |
| European stocks lose heart as Greece hesitates Europe's stockmarkets turned negative at close of play, retreating from six month highs as uncertainty grew over the ability of Greek leaders to agree a bail-out package.The FTSE dipped 0.24% to... |
| Groupon investors watch closely as firm posts first results as public company Groupon , and on Wednesday's earnings call the online disount company faces its biggest test to date as investors get their first look at Groupon as a publicly traded company.Two years ago... |
| A solution to the eurozone crisis: it's the real economy, stupid | Frank-Walter Steinmeier Europe is debilitated by the effects of two years of desperate crisis management. The prescribed treatment resembles the old practice of bloodletting on ailing patients. Growing debts are paid with... |
| Superdry roller-coaster loses some of its momentum SuperGroup , after a decent Christmas, would defy the trend.The Superdry brand may soon suffer from overexposure but surely, you might have supposed, there was enough momentum in the business to ride... |
| Alcoa's future in Geelong under cloud The review is expected to be completed by June, when the company will decide on the future of the smelter and the jobs of 900 Geelong workers.Alcoa has blamed metal prices, input costs and the high... |
| Used Cars Could Be Big Deal For Sirius XM Earnings Sirius XM is reporting its Q4 and full year 2011 results on Thursday. It will be interesting to see how subscription acquisition costs have trended as Sirius has added subscribers and the outlook... |
