Business and Finance News
 Electric vehicle sales surge in US
Brunei News.Net
The biggest rollout of charging stations is about to occur in eleven major US cities for the purpose of charging the new generation of electric cars from Nissan and General Motors, which are mooted to go on sale at the end of this year.
 EU wants Greece to survive without IMF funds
Brunei News.Net
Greece's financial prospects have taken another bad turn with suggestions that Athens might ask the International Monetary Fund for aid early next month if it cannot get a formal aid plan from the EU.
 BA provided Scotland with poor strike services
Brunei News.Net
Scotland is expecting to be hit hard by the British Airways strike with flights to and from Scotland among the routes that will suffer from a three-day strike by British Airways cabin crew.
 Dow Joens extends gains
Brunei News.Net
While the Dow continues to work its way higher, the broader market was flat Thursday.
Lloyds Banking Group Profits To Return This Year
MENAFN
(MENAFN - Khaleej Times) Turkey has embarked on a major campaign to attract more tourists and investors from the Gulf countries this year, a senior Turkish tourism official said on Thursday. ...
Earnings Watch: Updates, Advisories And Surprises
MarketWatch
-10.38% ) shares fell 10% to $19.85 in after-hours trading late Thursday after the solar panel maker said it expects adjusted 2010 earnings of $1.25 a share to $1.65 a share. Wall Street analysts ex...
Metals Stocks: Gold Futures Slump As Dollar Rises
MarketWatch
NEW YORK (MarketWatch) -- Gold and other metals futures sank further on Friday as uncertainty about what entity will help Greece with its debts gave another boost to the dollar. Gold for April de...
Lloyds Banking Group Expects Profit This Year
Examiner
Britain's Lloyds Banking Group PLC said Friday it expects to report a profit this year as trading has so far been strong and provisions for bad assets are not as large as previously forecast.In a brie...
Icahn Offers To Buy All Outstanding Lions Gate Shares
Business Week
March 19 (Bloomberg) -- Carl Icahn offered to buy all outstanding shares of Lions Gate Entertainment Corp. after the film studio rejected his proposal to purchase 13.2 million shares. The stock jumped...
Traders Push Market Rally Into Ninth Day
MSNBC
Palm Inc. reported late Thursday a wider than expected quarterly loss, and warned about its current quarter sales. The company said its having a difficult time getting consumers to pay attention to it...
China Tells Washington To Cool Yuan Pressure
MSNBC
In this March 5, 2010 file photo, a tractor truck transports one of shipping containers at Yangshan deep-water port in Shanghai, China. China has called on Washington to cool its "politicization and ...
Want A Bigger Tax Refund? Don’t Itemize
MSNBC
Then they're told by their tax professionals, (or discover while using software such as Intuit's TurboTax or H&R Block's At Home) that all their conscientious record keeping is for naught. Those i...
Rmt Signal Staff Vote For Strikes
BBC
Railway signal workers have voted in favour of strikes in a row over jobs and safety, the RMT union has said.The strikes are over Network Rail plans to cut jobs and for more maintenance work to take p...
Black Horse Leaps As Lloyds Predicts Profit
Sky News
part-nationalised bank said bad debts were falling faster than it had anticipated, leaving it confident of bouncing back from 2009's £6.3bn loss. Shares in the group, which is 41% taxpayer-owned aft...
Earnings Watch: Updates, Advisories And Surprises
Market Watch
0.00% ) shares fell 10% to $19.85 in after-hours trading late Thursday after the solar panel maker said it expects adjusted 2010 earnings of $1.25 a share to $1.65 a share. Wall Street analysts expe...
Directv Cut To Hold By Citi
Fox Business
LONDON -- DirecTV was cut to hold from buy at Citi, citing the group's premium valuation compared to Dish . There's only modest upside assuming stable churn and large buybacks.Copyright © 2010 M...
Fdic's Bair: We Should Limit Small Bank Burdens
Fox Business
WASHINGTON - A key regulator on Friday told small bankers that officials at the Federal Deposit Insurance Corp. worked very hard to persuade House and Senate lawmakers to exempt banks with less than ...
Goldman Cuts Estimates For Capital-markets Firms
Fox Business
BOSTON -- Goldman Sachs analysts on Friday lowered their profit forecasts for J.P. Morgan & Co. , Bank of America Corp. , Morgan Stanley , Jefferies Group Inc. and Piper Jaffray Cos. by an average of...
Boeing To Speed Up 777, 747 Production
Fox Business
NEW YORK -- Boeing said Friday it will accelerate production of both the 777 and 747 jet programs. "Market improvement and our conservatively managed approach to production have put us in a position ...
J.p. Morgan Sees Better Profits For Railroads
Fox Business
NEW YORK -- J.P. Morgan analysts on Friday raised their 2010 and 2011 profit outlooks for the major railroads in the U.S. and Canada, including Canadian National Railway Co. , Canadian Pacific Railwa...
J.p. Morgan Raises Profit Estimate For Kohl's
Fox Business
NEW YORK -- J.P. Morgan raised its first-quarter profit estimate on mid-priced department store operator Kohl's Corp. to 55 cents from 50 cents a share and kept its overweight rating and a $60 price ...
Treasurys Head Towards Weekly Gain
Fox Business
NEW YORK -- Treasury prices rose on Friday, pushing long-term yields down and towards a weekly decline, in quiet trading with no U.S. economic data scheduled. "There is still tremendous demand for lo...
Lloyds Says To Return To Profit This Year
Reuters
LLOY.L ) said on Friday it would return to profit this year thanks to a bigger than expected drop in bad debts, wrong-footing forecasts for another loss and sending its shares sharply higher.
Palm Revenue Forecast Lower Than Analyst Estimates
Reuters
Jon Rubinstein, chairman and chief executive of Palm, speaks in front of images of the new palm Pre Plus (L) and Palm Pixi Plus during a news conference at the 2010 International Consumer Electronics ...
Barrick Gold Ipo To Raise Us$834-million
Financial Post
Barrick Gold Corp. announced it will raise about US$834-million from the initial public offering of its African subsidiary. The new company, called African Barrick Gold PLC, will start trading on the...
Cn Reaches Contract Agreement With Engineers
Financial Post
Canadian National Railway Co. announced the terms of a new three-year collective agreement with 1,700 of its engineers Friday that was reached under federal arbitration. The engineers, who are repres...
Stock Futures Signal Mixed Open; Palm Eyed
Financial Post
Stock index futures pointed to a mixed opening on Friday, with futures for the S&P 500 down 0.02 percent, Dow Jones up 0.1 percent and Nasdaq 100 down 0.01 percent at 1008 GMT (6:08 a.m. ET). ...
Banks Lift Stocks; Greece Woes Dent Euro
Financial Post
LONDON -- European shares rose modestly on Friday, lifted by gains in banking stocks, but concerns over Greece's large debt burden remained, keeping the euro on the back foot against the dollar. ...
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