Business and Finance News
 Fund-poor schools close in Missouri
Buenos Aires News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially. Forbes says Gates no longer the world's richest
Buenos Aires News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year. Ceo Pay Watch: Graco's Mchale: $776,000
Star Tribune
For 2009 McHale qualified for a bonus of $81,228. But with employees having already made sacrifices, he declined to accept the award. McHale also requested, and the compensation committee approved, no... Stocks To Watch: Stocks In Focus For Friday
MarketWatch
Russian ETF landscape State Street launches ETF tracking Russian stocks, going up against Van Eck’s Market Vectors Russia ETF, writes MarketWatch's John Spence. Former Lloyds Banker Sir Brian Pitman Dies
The Independent
Sir Brian Pitman, arguably the most respected banker of his generation, has died of a heart attack aged 78. Sir Brian, had most recently been the chairman of Virgin Money, but he was became famous fo... Citigroup Ceo Says Bank On Path To Profitability
Examiner
Citigroup Inc. says it's heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government.CEO Vikram Pandit said Thursday that... Us Stocks Rally 0.4 Per Cent, Buoyed By Citigroup
Earth Times
New York - US stocks rose at least 0.4 per cent Thursday, after increases on the two previous days, buoyed by the bailed-out Citigroup's optimistic outlook. Citigroup chief executive Vikram Pandit pro... Earnings Roundup: Xoma, Pacific Sunwear
The Seattle Times
Among the earnings stories for Thursday, March 11, from AP Financial News: BERKELEY, Calif. (AP) - Biotechnology company Xoma Ltd. said its fourth-quarter profit fell as its contract revenue dipped. ... Ulta Salon Expects Earnings And Sales Growth
The Seattle Times
Ulta Salon Cosmetics & Fragrance Inc. on Thursday said it expects its earnings per share to double or nearly double in its fiscal first quarter compared with a year ago. Weak Economy Means It's A Freebie Nation
MSNBC
You know the saying, “there’s no such thing as a free lunch?” Well, in this economy, getting a free lunch, a free book or even a free dress shirt may be easier than you think. New York Banking Gains On London
BBC
New York and London have been ranked as the joint-top global financial centres, according to research published by the City of London Corporation.New York, which was previously second to London, was r... Uk House Sales 'slow' In 2010
BBC
The number of homes sold in England and Wales at the start of 2010 fell back to levels seen at the depths of the downturn, a survey says.Transaction levels fell to 36,000 in January, a drop of 52% com... Warning On Public Sector Pensions
BBC
The amount of money paid as pensions to many workers in the public sector could more than triple in the next 50 years, the National Audit Office suggests.Its report on unfunded public sector schemes s... Report: Aig Employees To Surrender $45 Million
Fox Business
AIG ) will recover $45 million in the form of returned contentious retention payments made to AIG employees in 2009, the Wall Street Journal reported, Thursday. Employees of the troubled taxpayer-o... Japanese Shares Climb Early, With Autos Strong
Fox Business
LOS ANGELES -- Japanese shares followed their U.S. peers higher in early Friday trade, with auto stocks staging an early rally, helped by reportedly good sales at Honda Motor Co. . In early action, t... Honda Hybrid Sports Car Reportedly In High Demand
Fox Business
SAN FRANCISCO -- Honda Motor Co.'s CR-Z hybrid sports car has drawn more than 7,000 orders only two weeks since its Feb. 26 debut, according to a report Friday. The Nikkei business daily reported tha... Examiner Sees Gimmicks In Lehman Demise
Reuters
A worker carries a box out of the U.S. investment bank Lehman Brothers offices in the Canary Wharf district of London in this September 15, 2008 file photo. Big Funds Stalk Canwest Newspapers
Financial Post
The sale of Canada's largest English-language daily newspaper chain has attracted some of the country's financial heavyweights as potential suitors. Among the shortlist of bidders for Canwest Limited... Potash Corp. Earnings Dramatically Improve
Financial Post
Potash Corp. dramatically improved its first quarter earnings guidance Thursday. The company said a sharp rebound in potash demand will help it earn between $1.30 and $1.50 a share. The new estimate ... Murdoch Takes Aim At New York Times
Financial Post
NEW YORK -- Back in 1976 after he bought the New York Post, a confounded Rupert Murdoch asked the chairman of Bloomingdales why the upscale department store didn't advertise in his paper. According t... Transat Strategy 'didn't Work'
Financial Post
Jean-Marc Eustache, Transat A.T. chief executive, admitted Thursday that his efforts to restore the profitability of the country’s largest tour operator fell flat this winter after just about ... Goldcorp Q4 Profits Jumps On Rising Gold Prices
Financial Post
TORONTO -- Goldcorp Inc. delivered a solid fourth quarter as it continues to keep costs in check and benefit from near-record gold prices. The Vancouver-based giant reported adjusted Q4 earnings late... Snc Ponders Bid For Highway 407 Stake
Financial Post
MONTREAL -- SNC-Lavalin Group Inc. is weighing whether to boost its investment in Toronto-area toll highway 407-ETR after Spanish infrastructure giant Ferrovial announced Thursday it would put a 10% s... Siemens Closing Hamilton Gas Turbine Plant
Financial Post
TORONTO -- Giant industrial outfit Siemens AG announced Thursday it is closing its gas turbine plant in Hamilton, Ontario, cutting 550 jobs as the operation is relocated to Charlotte, N.C. The move i... Toyota Incentives Drive March U.s. Sales Up Sharply
Financial Post
DETROIT -- Sales incentives, including zero-percent financing offers, have boosted Toyota Motor Corp's U.S. sales by nearly 50%t in early March, an industry tracking service and dealers said Thursday.... Ferrovial Puts 10% Of Canada’s Etr On Sale
Financial Post
MADRID -- Debt-laden Spanish infrastructure giant Ferrovial said it has put 10% of its 407-ETR motorway in Canada up for sale and will use the proceeds to invest in new toll road projects and pay down... Solar Power Inc. Delays Earnings Report
Business Journal
Solar Power Inc. has rescheduled the release of its fourth quarter and fiscal year 2009 earnings until the company’s audit is complete, Solar Power announced Thursday. The earnings results will...
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