European stock markets opened higher Wednesday, benefiting from healthy US and Asian markets overnight, after Federal Reserve Chairman Ben Bernanke further boosted investor confidence by calling an end to the recession.
Facebook released new proof of its rapid growth Tuesday, saying it reached the 300-million-user mark and that the company became cash-flow positive last quarter.
Sept. 16 (Bloomberg) -- Adobe Systems Inc., the world's biggest maker of graphic-design software, agreed to buy Omniture Inc. for $1.8 billion, expanding into programs that track the performance of Web sites and online advertising ...
SAN FRANCISCO (Reuters) - The US economy will emerge from recession by growing more than 2 percent in the current and fourth quarters on a dramatic reversal in inventories, but growth next year will be tepid, a UCLA Anderson Forecast said on Wednesday.
Sept. 16 (Bloomberg) -- Former Merrill Lynch & Co. brokerage head Robert mccann is going to court today to ask a New York State judge to grant him “emergency” relief that will force Bank of America Corp.
Sept. 16 (Bloomberg) -- Lehman Brothers Holdings Inc. said Barclays Plc got a $5 billion discount when it bought the North American brokerage business and some real estate days after Lehman's bankruptcy filing a ...
Forbes - 18 minutes ago
AP , 09.16.09, 04:21 AM EDT Chinese shares fell Wednesday following a three-day rally as investors took profits amid concern about a possible reduction in liquidity.
Sept. 16 (Bloomberg) -- Citigroup Inc., the biggest user of US government debt guarantees extended under last year's bank rescue, plans to exit the program as regulators push to withdraw aid intended as temporary, ...
Sept. 16 (Bloomberg) -- Oil traded little changed near $71 a barrel before a weekly US government report that may show a drop in the country's crude stockpiles.
HONG KONG, Sept 16 (Reuters) - Hong Kong shares rose 1.75 percent on Wednesday led by banks as stronger economic data in the United States reinforced hopes of a turnaround in the global economy, but China stocks remained ...
Sept. 16 (Bloomberg) -- Bayer AG's choice of Marijn Dekkers as its new chief executive officer, the first outsider to take the top job, may herald a breakup of the 146-year-old German drugs and chemical maker, analysts said.
Sept. 16 (Bloomberg) -- Inditex SA, the owner of the Zara chain, reported first-half profit that beat analyst estimates as store openings from Beijing to Cairo fueled sales growth.
Wall Street Journal - 40 minutes ago
AP BERLIN -- The euro reached a year high against the dollar Wednesday, as traders ventured beyond the benchmark currency on improved news about the US economy and strong markets.
Bizjournals.com - 2 hours ago
Movie and video game renter/retailer Blockbuster Inc. indicated in a regulatory filing Tuesday that it may close up to 960 stores by the end of 2010.
LONDON (Dow Jones)--European stock markets were strong early Wednesday and extended their gains for a third consecutive session as a firm euro confirmed that appetite for risk remains intact and the Federal ...
TAIPEI/HONG KONG, Sept 16 (Reuters) - Carlyle Group and Taiwan Mobile struck a $1 billion deal on Wednesday, with Carlyle taking a big chunk of the telecommunications group in a sign the private equity firm has faith ...
WASHINGTON - A report due out Wednesday is expected to show that inflation remained in check last month, as the weak economy prevents retailers and manufacturers from raising prices.
PARIS - Despite early signs of global recovery, rising fuel costs and weak travel demand are keeping the world's airlines in “survival mode,” with predicted losses now expected to swell to $11 billion by the end of the year, ...
Apple said today it's got a new top lawyer, Bruce Sewell from Intel, at a time when the maker of the iPhone and iPod faces greater regulatory scrutiny in Washington.
As Oracle Corp. (ORCL) was working to get a green light from European antitrust regulators to buy Sun Microsystems Inc. (JAVA) earlier this year, a relatively obscure issue surfaced to help hobble the deal.
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