Tue Feb 09 2010
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Celanese posts 4Q profit on higher sales
about 1 hour ago
NEW YORK (AP) -- Chemical maker Celanese Corp. reported a profit on Tuesday for the fourth quarter driven by higher sales volumes and lower raw material costs....
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Jan. freeze damaged 4 percent of Fla. oranges
about 1 hour ago
ORLANDO, Fla. (AP) -- Florida citrus growers lost more than 4 percent of their orange crop and more than 3 percent of their grapefruit crop during last month's freezing weather....
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UBS makes Q4 profit, but withdrawals continue
about 1 hour ago
GENEVA (AP) -- Swiss bank UBS AG posted a fourth-quarter profit of 1.205 billion Swiss francs ($1.12 billion) Tuesday, beating analysts' expectations partly thanks to a tax credit, but said earnin
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Opel asks European govts for $3.7 billion in loans
about 1 hour ago
FRANKFURT (AP) -- GM's Opel unit asked European governments for billions of euros (dollars) in aid on Tuesday even as it formally presented a restructuring plan that will result in some 8,300 job
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State Farm says it warned gov't on Toyota in 2007
about 2 hours ago
WASHINGTON (AP) -- The nation's largest auto insurer says it alerted federal safety regulators in late 2007 about a rise in reports of unexpected acceleration in Toyota vehicles....
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McDonald's sales figure rises 2.6 percent in Jan.
about 2 hours ago
OAK BROOK, Ill. (AP) -- McDonald's Inc., the world's largest fast-food chain, said Tuesday a key sales comparison rose 2.6 percent in January, as strong overseas sales more than offset a decline i
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NYC developer charged with stealing from investors
about 2 hours ago
NEW YORK (AP) -- A real estate developer who once claimed to own $2.7 billion dollars worth of New York skyscrapers has been charged with stealing millions of dollars from investors....
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IMF, Serbia discuss access to loan
about 2 hours ago
BELGRADE, Serbia (AP) -- An International Monetary Fund delegation opened talks with Serbia Tuesday to review whether the crisis-stricken country is adhering to the terms of a euro2.9 billion ($3.
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Strong overseas sales put fizz in Coca-Cola's 4Q
about 2 hours ago
NEW YORK (AP) -- Coca-Cola's strong overseas growth more than made up for a weak North American market in the fourth quarter, sending profit up 55 percent for the world's largest beverage maker...
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Molson Coors' 4Q profit rises on tax benefits
about 3 hours ago
DENVER (AP) -- Molson Coors says its fourth-quarter profit more than doubled because of favorable tax benefits even as it sold fewer beers....
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EU searches for way out of debt crisis
about 3 hours ago
BRUSSELS (AP) -- Markets somehow expect the European Union to backstop Greece's sagging finances. But with officials denying a bailout is needed, the precise path out of the crisis for the EU's in
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Coca-Cola 4Q profit rises on strong overseas sales
about 3 hours ago
ATLANTA (AP) -- Coca-Cola says its fourth-quarter profit climbed as the world's largest drink maker sold 5 percent more beverages worldwide....
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McDonald's US sales figure edges down in January
about 3 hours ago
OAK BROOK, Ill. (AP) -- McDonald's Inc. says a key sales comparison edged down in the U.S. in January, but results were stronger in the rest of the world....
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Pulte Homes posts loss for Q4
about 3 hours ago
BLOOMFIELD HILLS, Mich. (AP) -- Pulte Homes Inc. said Tuesday its loss narrowed in its fourth quarter, as the homebuilder reported heavy charges that were partly offset by a tax gain....
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Nissan returns to profit in Oct-Dec quarter
about 4 hours ago
TOKYO (AP) -- Japanese carmaker Nissan Motor Co. said Tuesday it booked a profit in the October-December quarter after a deep loss a year earlier, and now expects to be in the black for the full f
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Exar to buy Neterion for between $10M and $11M
about 4 hours ago
FREMONT, Calif. (AP) -- Exar Corp. said Tuesday that it will buy Neterion Inc., which provides adapters for servers and storage systems, for between $10 million and $11 million....
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Sanofi-Aventis completes tender offer for Chattem
about 4 hours ago
NEW YORK (AP) -- French drugmaker Sanofi-Aventis said Tuesday it completed its tender offer for shares of Chattem Inc., which makes Gold Bond skin products, Icy Hot pain relief packs, and Selsun B
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Opel unveils restructuring plan
about 5 hours ago
FRANKFURT (AP) -- General Motors Co.'s Opel unit said Tuesday that it plans to invest euro11 billion ($15 billion) through 2014 and appealed for government help as it detailed a restructuring driv
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Ryanair to put $140 million in Lithuanian hub
about 5 hours ago
VILNIUS, Lithuania (AP) -- Budget airline Ryanair will establish a major hub in the Lithuanian city of Kaunas, its first in Central and Eastern Europe, the company's chief executive announced Tues
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NYSE Euronext returns to profit in 4th quarter
about 5 hours ago
PARIS (AP) -- NYSE Euronext, the trans-Atlantic stock exchange operator, said Tuesday it returned to profit in the fourth quarter as cost-cutting helped offset a drop in revenue amid falling globa
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