Italy’s CIR Net Profit Rises 50% But Company Scraps Dividend – Wall Street Journal

Italy's CIR Net Profit Rises 50% But Company Scraps Dividend Wall Street Journal ROME (Dow Jones)–Compagnie Industriale Riunite SpA (CIR.MI) Thursday said its net profit rose 50% to EUR143.4 million in 2009 from EUR95.4 million the year …

Delta Petroleum 4Q Loss Narrows; Liquidity Improves >DPTR – Wall Street Journal

Delta Petroleum 4Q Loss Narrows; Liquidity Improves >DPTR Wall Street Journal Delta Petroleum Corp. (DPTR) fourth-quarter loss narrowed sharply, aided by a gain from a legal settlement and sharply lower write-downs, as the oil-and-gas … and more »

RTL Sees Better Start In 2010,But No Quick Recovery – Wall Street Journal

RTL Sees Better Start In 2010,But No Quick Recovery Wall Street Journal By Archibald Preuschat Of DOW JONES NEWSWIRES DUESSELDORF (Dow Jones)–RTL Group SA (RTL.BT), Europe's largest broadcaster, Thursday said it had a better … and more »

Portuguese 4Q GDP Contracts Again As Stimulus Fades – Wall Street Journal

Portuguese 4Q GDP Contracts Again As Stimulus Fades Wall Street Journal LISBON (Dow Jones)–Portugal's economy contracted again in the fourth quarter after a couple … and more »

Delhaize Expects Recovery Despite US Price War – Wall Street Journal

Delhaize Expects Recovery Despite US Price War Wall Street Journal BRUSSELS (Dow Jones)–Supermarket operator Delhaize SA (DEG) Thursday posted a 10% drop in net profit in the … and more »

Pink Floyd Wins Suit Over Downloads – Wall Street Journal

Pink Floyd Wins Suit Over Downloads Wall Street Journal AP In a victory for the concept album, Britain's High Court has ordered record company EMI Group Ltd. to stop selling downloads of Pink Floyd tracks … and more »

Canada January Trade Surplus Was Wider Than Expected on Exports – Bloomberg

Spiegel Online

Canada January Trade Surplus Was Wider Than Expected on Exports Bloomberg March 11 (Bloomberg) — Canada posted a wider-than-expected merchandise trade surplus in January as exports rose and imports fell … German Exports Unexpectedly Slumped in JanuaryBloomberg all 137 news articles »

Vonn Crashes in Giant Slalom on Brink of Third World Cup Title – Bloomberg

Vonn Crashes in Giant Slalom on Brink of Third World Cup Title Bloomberg March 11 (Bloomberg) — Olympic downhill champion Lindsey Vonn's quest for a third straight overall World Cup title was hampered by a … and more »

Financial News: Politicians Boost Investors’ Oil Giant Revolt – Wall Street Journal

Financial News: Politicians Boost Investors' Oil Giant Revolt Wall Street Journal UK politicians today backed a shareholder revolt against oil giants BP and Shell, giving a substantial boost to demands that … and more »

BT Cuts Prices On Bundle Of Telephony, Broadband Services – Wall Street Journal

BT Cuts Prices On Bundle Of Telephony, Broadband Services Wall Street Journal LONDON (Dow Jones)–UK telecommunications firm BT Group PLC (BT.A.LN) Thursday cut the prices on its bundle of telephony and broadband services after … and more »

Synta Pharma 4Q Loss Narrows On Reduced R&D Spending – Wall Street Journal

Synta Pharma 4Q Loss Narrows On Reduced R&D Spending Wall Street Journal Synta Pharmaceuticals Corp.'s (SNTA) fourth-quarter loss narrowed more than analysts expected as the biopharmaceutical company spent significantly less on … and more »

First-time jobless claims drop slightly last week

The Labor Department said initial jobless claims fell by 6,000 to a seasonally adjusted 462,000. That’s close to Wall Street analysts’ estimates of 460,000 and the second straight drop.

Trade deficit shrinks as auto and oil imports drop

The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S. sales abroad.

Tax Increase Is Sought To Aid Illinois Schools – Wall Street Journal

Tax Increase Is Sought To Aid Illinois Schools Wall Street Journal CHICAGO—Illinois Gov. Pat Quinn told lawmakers Wednesday to raise state income taxes by 1% or face draconian cuts to the state's education … and more »

Dr Pepper Snapple Raised To Buy From Neutral By UBS – Briefing.com >DPS – Wall Street Journal

Dr Pepper Snapple Raised To Buy From Neutral By UBS – Briefing.com >DPS Wall Street Journal UBS upgraded Dr Pepper Snapple Group (DPS) to buy from neutral and lifted its price target to $42 from $31, saying it doesn't believe the market is fully …

BP Sambas Up with Devon Deal – Wall Street Journal

BP Sambas Up with Devon Deal Wall Street Journal BP's all-cash $7 billion purchase of international assets from Devon Energy is the oil major's biggest transaction since the formation of …

Democrats, White House Close In on Health Bill – Wall Street Journal

Democrats, White House Close In on Health Bill Wall Street Journal AP WASHINGTON—A final agreement nearly in hand, President Barack Obama and Democratic leaders are about to embark on one last sales job that will determine … and more »

Biden Urges Israel, Palestinians to Make Peace – Wall Street Journal

Biden Urges Israel, Palestinians to Make Peace Wall Street Journal AP TEL AVIV, Israel—US Vice President Joe Biden on Thursday implored Israelis and Palestinians to move beyond a diplomatic spat that has marred his trip to … and more »

Air France Files Complaint At EU Against Ryanair – Wall Street Journal

Air France Files Complaint At EU Against Ryanair Wall Street Journal BRUSSELS (Dow Jones)–Air France-KLM has filed a complaint with the European Commission about alleged illegal state aid received by Ireland-based low-cost … and more »

Imax Corp. 4Q Posts 4Q Profit On 98% Revenue Jump >IMAX – Wall Street Journal

Imax Corp. 4Q Posts 4Q Profit On 98% Revenue Jump >IMAX Wall Street Journal Imax Corp. (IMAX) posted another profit in the last quarter of 2009, capping off a year that marked a return to profitability for the first time in three …

Foreclosure Filings Increase at Slowest Pace in Four Years – Wall Street Journal

Foreclosure Filings Increase at Slowest Pace in Four Years Wall Street Journal US foreclosure filings rose 6% in February from a year earlier, the smallest increase in four years, according to RealtyTrac. … and more »

Plan for high-speed rail network revealed

The government outlined the likely shape of a future UK high-speed rail network when it unveiled proposals for a £30bn network that would slash rail journey times between London and the UK’s northern cities

Jackson Hewitt Swings To Loss On Write-Downs; Outlook Dreary – Wall Street Journal

Jackson Hewitt Swings To Loss On Write-Downs; Outlook Dreary Wall Street Journal Jackson Hewitt Tax Service Inc. (JTX) swung to a wide loss in its fiscal third quarter as the tax preparer booked big write-downs and suffered a … and more »

Dick’s Sporting Goods Fumbles

Sterne Agee downgraded the retailer to Neutral from Buy.

Lufthansa To Increase Seating Capacity By 3.6% In Summer – Wall Street Journal

Lufthansa To Increase Seating Capacity By 3.6% In Summer Wall Street Journal FRANKFURT (Dow Jones)–German flagship airline Deutsche Lufthansa AG (LHA.XE) is set to increase its seating capacity this summer by 3.6% compared to last …

Climate Panel Details Its Review Plan – Wall Street Journal

Climate Panel Details Its Review Plan Wall Street Journal The United Nations detailed its plans for an outside review of its beleaguered panel on climate change, amid political reverberations as … and more »

Old Mutual to Sell US Units – Wall Street Journal

Old Mutual to Sell US Units Wall Street Journal LONDON—Old Mutual PLC said Thursday it is planning to partially list its US asset-management arm and dispose of its US life business as … and more »

HSBC Private Bank Reports Theft of 15000 Accounts – Bloomberg

Indian Express

HSBC Private Bank Reports Theft of 15000 Accounts Bloomberg March 11 (Bloomberg) — HSBC Holdings Plc's Swiss private bank said a former employee stole details on 15000 existing … HSBC's Swiss Bank Reports Outflows From Hedge Funds BusinessBloomberg all 311 news articles »

Do we really want Britons to be spending, spending, spending?

The news today that both Morrisons and John Lewis have reported profits up has
brought plenty of cheer to the retail sector.

Sarkozy hedges his bets on UK election outcome

President Nicolas Sarkozy and other senior figures in France’s governing UMP party are stepping up their contact with Conservative leader David Cameron and his team

Somali Government Forces, Islamists Clash; At Least 22 Killed – Bloomberg

Somali Government Forces, Islamists Clash; At Least 22 Killed Bloomberg March 11 (Bloomberg) — At least 22 people died and 79 were injured in fighting between Somali government soldiers and Islamist insurgents in … and more »

House Curbs Earmarks, Senate Balks – Wall Street Journal

House Curbs Earmarks, Senate Balks Wall Street Journal WASHINGTON—House lawmakers said Wednesday they have banned earmarks inserted into legislation to benefit for-profit companies. … and more »

U.K.’s Home Retail Boosts Outlook – Wall Street Journal

U.K.'s Home Retail Boosts Outlook Wall Street Journal LONDON—Home Retail Group PLC Thursday raised its profit guidance for this year, as the UK home and general merchandise retailer reported … and more »

Princeton Review 4Q Loss Widens Amid Drop In Revenue – Wall Street Journal

Princeton Review 4Q Loss Widens Amid Drop In Revenue Wall Street Journal Princeton Review Inc.'s (REVU) fourth-quarter loss widened as the company saw revenue fall, affected especially by a drop in its supplementary educational … and more »

Pandit sees 1.25 pct return on Citicorp assets – FT

NEW YORK (Reuters) – Citigroup Chief Executive Vikram Pandit is set to forecast returns of 1.25 percent a year or more on the bank’s main assets within a few years, the Financial Times reported on Wednesday.

Biggest Rally in 76 Years Not Dead Yet as Seers See Gains Ahead – Bloomberg

Biggest Rally in 76 Years Not Dead Yet as Seers See Gains Ahead Bloomberg March 11 (Bloomberg) — Laszlo Birinyi will never forget the moment a year ago when the last ounce of confidence … and more »

Buckle 4Q Profit Rises 23% On Sales, Margin Gains – Wall Street Journal

Buckle 4Q Profit Rises 23% On Sales, Margin Gains Wall Street Journal Buckle Inc.'s (BKE) fiscal fourth-quarter earnings rose 23% as the youth-apparel retailer maintained its trend of strength. … and more »

Violence As Greek Unions Hold 24-hour Strike – Wall Street Journal

Violence As Greek Unions Hold 24-hour Strike Wall Street Journal ATHENS (Dow Jones)–Greek police fought running street battles with anarchist youth Thursday as violence marred a protest by an estimated 50000 people who … and more »

Transat AT 1Q Loss Widens On Lower Revenue; Sees 2Q Loss – Wall Street Journal

Transat AT 1Q Loss Widens On Lower Revenue; Sees 2Q Loss Wall Street Journal Transat AT Inc.'s (TRZ.BT) first-quarter loss widened on an almost 10% drop in revenue, hurt by lower selling prices and volume. … and more »

Natural gas industry charged with making case to policymakers

The emergence of natural gas shales could extend U.S. energy supplies for decades and help address climate change concerns, but the industry faces what one executive called a “promotion challenge” in convincing policymakers and the public of the fuel’s benefits.