 Euro zone sees contraction in services sectorLONDON - The eurozone's service sector shrank this month while the manufacturing also did not perform so well, according to a new business survey.
Markit's Eurozone Services Purchasing Managers'... | |
 Train derails in Buenos Aires killing 49BUENOS AIRES, Argentina - Scores of people were killed and hundreds injured Wednesday when an overcrowded suburban train derailed at a central city station, Buenos Aires Civil Defence director Daniel... |
 Shell increases Africa footprint with $1.6 bn bid for Cove EnergyLONDON - Anglo-Dutch oil major Royal Dutch Shell has offered to buy African oil exploration major Cove Energy for 994.4 million pounds ($1.6 billion) to expand its operations in Mozambique and Kenya.... |
 Dotcom granted bail, put under house arrestAUCKLAND - Founder of file sharing website Megaupload.com Kim Dotcom alias Kim Schmitz, who has been jailed here since January 20 at the request of the US, has been granted bail by a New Zealand... |
 No motivation for buyers on Wall StreetU.S. stocks slipped on Wednesday as the euphoria over the Greek debt deal, as muted as it was, wore off.
The main action was on foreign currency markets where the Japanese yen continued to slide,... |
 Dells weak sales prediction sends its stocks downSAN FRANCISCO - Dell, the world's No.3 computer maker, has predicted weak sales for the current quarter triggering slump in its stocks that went down by over seven percent in pre-market trading... |
| Wal-Mart distribution center shooting DINWIDDIE, Va. -- Dinwiddie Sheriff D.T. Adams talks during a press conference about how a Wal-Mart distribution center employee shot and wounded his supervisor and then fatally shot... |
| Wal-Mart worker fatally shot himself after wounding boss, firing at officers DINWIDDIE, Va. -- A Wal-Mart distribution center employee who had shot and wounded his supervisor fatally shot himself after exiting the giant Dinwiddie County facility and firing on two... |
| Wall Street in red on EU recession fears US stocks have ended modestly in the red following disappointing eurozone data that added to signs of recession in the debt-racked region. The Dow Jones Industrial Average on Wednesday closed 27.02... |
| Average weekly earnings up 0.5% in Nov Q Average weekly ordinary time earnings (AWOTE) for adult full-time employees rose 0.5 per cent in the three months to November, according to official figures.The annual rate of growth was 4.3 per... |
| Hewlett-Packard profit, sales slide HPQ-N earnings fell nearly 44 per cent and the world’s No. 1 computer maker forecast a second-quarter profit below Wall Street estimates as it struggles with weak sales of PCs and printers.The... |
| Stocks edge lower a day after Dow's short-lived climb past 13,000 NEW YORK - A day after Dow 13,000, investors took a break. Stocks closed lower Wednesday for the first time in four trading days. The Dow Jones industrial average lost 27.02 points to finish at... |
| Fears of Iranian conflict with West boosts international oil prices NEW YORK - Oil prices rose Wednesday on the expectation that world supplies could be squeezed further because of ongoing tensions with Iran. Iran, the world's third-biggest oil exporter, has... |
| Minnesota foreclosures last year at lowest level since 2007 Home foreclosures in MN fell 17 percent last year to the lowest level since 2007, but there are still a dangerously high number of people who are losing their homes across the state. The problem has... |
| Bankruptcy judge approves bonuses totaling up to $368K for key remaining Solyndra employees WILMINGTON, Del. - A Delaware bankruptcy judge has approved close to $370,000 in bonuses for certain employees of Solyndra LLC, a solar panel manufacturer that received a half-billion dollar loan... |
| Gannett shares rise on management plan to return $1.3 billion in capital to shareholders LOS ANGELES - Gannett's stock rose more than 4 percent Wednesday, after the company outlined a plan to return $1.3 billion to shareholders by 2015. Gannett Co., Inc., the diversified media... |
| 2012 off to a strong start for Minnesota housing Your blogger is getting his numbers fix today. A flurry of January housing reports released today suggests that the 2012 market is off to a strong start. Across the state home sales were 6.4 percent... |
| Mixed results for Novatel Wireless in 4Q Novatel Wireless, the maker of the MiFi mobile hot spot, posted mixed results for its fourth quarter, as revenue came in lower than Wall Street analysts expected but earnings beat... |
| Calif. pledges better mobile privacy disclosures SAN FRANCISCO -; Mobile applications seeking to collect personal information will have to forewarn users as part of an agreement reached in... |
| HP says 1Q earnings down 44 pct, beats Street Whitman described a company in transition Thursday, but she identified goals, which include improving internal procedures and reducing costs to free up money for investments in growing areas. She... |
| Better credit scores in 'blue' states or 'red'? Borrowers in blue states had better average credit scores than borrowers in red states, according to data from CreditKarma. Here are the top five and bottom five states, with their affiliation based... |
| UCSD creates gel to treat heart attacks UC San Diego is reporting early success in limiting tissue damage in rats that suffer heart attacks, an advance that could lead to clinical testing in humans by the end of the... |
| A closer look at January foreclosure numbers Foreclosures and default notices in the county were up in January from December, but lower than a year ago. That's the big picture, but where's the most distress in San... |
| Which SD nightclubs made the top 100? Top revenue-producing San Diego nightclubs in 2011 Fluxx, no. 24, $10 million to $15 million 207 (Hard Rock Hotel), no. 28, $10 million to $15 million Stingaree, no. 33, $10 million to $15 million... |
| Cable cos. shut down interactive ad venture NEW YORK -; The country's largest cable TV companies are shutting down the bulk of a venture that let viewers interact with TV ads, laying off 120... |
| John Jumper named CEO of SAIC John P. Jumper, 67, is a former Air Force combat pilot who served in Vietnam and went on to command squardons and several other high-ranking command posts. U.S. Air... |
| Company says YouPorn chat service compromised LONDON -; Users of a chat service linked to the heavily-trafficked YouPorn website have had their personal information compromised after a third-party service provider failed to secure its data,... |
| Regulators review response at San Onofre nuke plant Nuclear regulators are planning a follow-up inspection at the San Onofre nuclear plant that will review the operator's ongoing response to a generator steam tube leak last... |
| Microsoft, Apple Allege Patent Abuse By Motorola Two odd bedfellows, Microsoft and Apple, have both filed an antitrust complaint with the European Commission alleging that Motorola is attempting to use online video patents to squelch competition... |
| Adele smashes album sales records Adele's "21" album broke numerous sales records last week when it sold 730,000 copies, its biggest sales week, in the wake of her six Grammy wins and first performance since her... |
| Google display-advertising business on track to surpass Facebook next year MOUNTAIN VIEW, Calif. -- Google Inc.'s display-advertising business is growing faster than anticipated and is on track to surpass that of Facebook Inc. next year, according to research published... |
| Honda to recall 46,000 Odyssey minivans on door flaw DETROIT -- Honda is recalling almost 46,000 Odyssey minivans on concerns that the vehicles' rear doors may be defective and pose a risk to passengers, the National Highway Traffic Safety... |
| Existing home sales rose 4.3% in January WASHINGTON -- US existing home sales rose 4.3 percent in January and inventories fell to near seven-year lows, as lower prices, unusually warm weather and an improving economy lifted demand, the... |
| US watchdog launches inquiry into bank overdraft fees WASHINGTON -- The US consumer watchdog Wednesday launched an inquiry into fees charged by banks when customers overdraw their accounts, a multibillion-dollar business for financial... |
| Microsoft to Google: Please don't kill Web video Microsoft has made a formal complaint to the European Union’s competition regulator against Motorola Mobility and Google.Microsoft is arguing that Motorola’s aggressive enforcement of... |
| Heico reports higher earnings Heico Corp., based in Hollywood and Miami, reported increased profits for the quarter ending Jan. 31 on Wednesday.Net sales for the quarter increased 22 percent to $212.6 million, with net income up... |
| HP CEO pleads patience as earnings fall 44 pct This Feb 21, 2012 photo shows a Hewlett Packard logo in Frisco, Texas. Hewlett-Packard Co. will update investors on its progress under CEO Meg Whitman Wednesday afternoon when the world's... |
| Oscars to drop Kodak name from awards show LOS ANGELES -- The Academy Awards will be coming to you live from the same place - but with a different name.Oscar organizers have agreed to drop mentions of the Kodak Theatre from Sunday's... |
| Microsoft lodges complaint against Motorola Microsoft on Wednesday lodged a formal complaint with the European Union's competition regulator against Google's Motorola Mobility, saying the company's aggressive enforcement of... |
| After Hours: H-P shares fall, Vivus skyrockets in after hours LOS ANGELES (MarketWatch) -- Shares of Hewlett-Packard Co. fell Wednesday evening as the technology heavyweight's quarterly revenue came in below Wall Street's consensus estimate, while... |
| Stocks to Watch: Stocks to watch Thursday: H-P, Target, Apple SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trade in Thursday's session are Hewlett-Packard Co., Target Corp., and Apple... |
| Energy Stocks: Nabors rally 7% to help oil stocks edge higher SAN FRANCISCO (MarketWatch) -- Nabors Industries rallied 7% on Wednesday, helping energy stocks to buck the market trend and edge... |
| Financial Stocks: Financial stocks drop on weak euro-zone data SAN FRANCISCO (MarketWatch) -- Financial stocks led the broader market lower Wednesday after a weak reading of euro-zone business activity brought back concerns about a recession in the... |
| Oil ends at 9-month high on supply worries Keystone delay brings opportunity With construction of the Canada-to-Gulf oil pipeline in doubt, there is now more profit potential in both the energy and transport... |
| Earnings Watch: Updates, advisories and surprises +3.86% reported net income of $12.3 million, or 44 cents a share, compared to a net loss of $9.7 million, or 69 cents a share, for the same period the previous year. Earnings on a non-GAAP basis... |
| Dell Earnings Fall as Consumer Sales Splutter Computer maker Dell reported an 18-percent drop in fourth-quarter earnings Tuesday as consumer sales continued to show weakness. The Texas-based company said it earned $764 million in the ... |
| Stelios takes battle with easyJet to AGM Sir Stelios Haji-Ioannou , will come to a head on Thursday at an annual meeting at which he will attempt to further embarrass the management on issues of transparency and accountability.He is not... |
| Smartphone users could have access to 4G broadband this year Up to 27 million UK customers could have access to super-fast 4G broadband on their smartphones by the end of the year. Photograph: Russel A.... |
