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Pay Cuts, but Little Headway in What Matters MostNew York Times - - 11 minutes ago
And then the country's pay czar descended from the mountaintop, or at least from his Washington law office, and handed down his rulings.
Video: Govt. Tells Seven Firms to Slash Executive Pay
The Associated Press
Feinberg Navigated Conflicting Demands
Wall Street Journal
Stocks rally on earnings optimismCNNMoney.com - 3 hours ago
Better-than-expected results from Travelers, AT&T, McDonald's and 3M push the Dow past 10000 again, sparking a bigger rally.
Video: Oct. 22: Stocks Rise on Financials, Consumers
The Associated Press
Travelers, 3M Help Push Dow Over 10000
Wall Street Journal
Amazon profit surges 69%CNNMoney.com - - 3 hours ago
E-commerce giant blows past Wall Street's expectations, with growth attributed to sales of the Kindle. Amazon reduces prices of the e-reader to $259.
Amazon blows the doors off third quarter
MarketWatch
Strong Profit at American ExpressNew York Times - 1 hour ago
By REUTERS Net income fell to $640 million, or 53 cents a share, from $815 million, or 70 cents a share, a year earlier, the company said.
AmEx Chief Sees Reason for Hope, Cautiously
Wall Street Journal
MEMC posts 3Q loss; to pay $200 mln for SunEdisonThe Associated Press - 18 minutes ago
ST. PETERS, Mo. - Silicon wafer manufacturer MEMC Electronic Materials Inc. said Thursday it fell to a third-quarter loss, reversing a year-ago profit, as sales plummeted 43 percent.
Court Shakes Up New York LandlordsWall Street Journal - - 33 minutes ago
New York's highest court ruled Thursday that owners of one of New York City's largest apartment complexes improperly raised rents on thousands of units removed from the city's rent-regulation program.
Stuyvesant Town Ruling Worries Tenants and Landlords Alike
New York Times
Netflix reports 48% profit jump, lifts forecastsMarketWatch - - 18 minutes ago
CHICAGO (MarketWatch) -- Online DVD rental pioneer Netflix Inc. said Thursday that its third-quarter profit rose 48% on greater subscriptions to its services, with the company raising its subscriber and revenue ...
Netflix 3Q earnings rise 48 pct, but stock falls
The Associated Press
UPDATE 4-Wal-Mart shrinks US supercenters, sees tepid salesReuters - - 49 minutes ago
Wal-Mart Stores Inc (WMT.N) fueled its aggressive US expansion this decade by opening supercenters that on average have more square footage than three American football fields.
DOJ Asked to Probe Book Price War
Wall Street Journal
China's Growth Picks Up Speed but Raises ConcernsNew York Times - - 2 hours ago
BEIJING - The Chinese economy, already one of the fastest-growing in the world, picked up more speed during the third quarter, adding fuel to a debate over whether, and when, the Chinese authorities might start reining in stimulus ...
The China Hype
BusinessWeek
China's Growth Points to Cuts in Stimulus
Wall Street Journal
Dole Food's IPO Prices at $12.50 a ShareWall Street Journal - - 45 minutes ago
Dole Food Co.'s initial public offering of 35.7 million shares priced at $12.50 a share Thursday, below the expected price range of $13 to $15.
Dole sells a 41% stake in public offering, raising about $450 million
Los Angeles Times
Synaptics shares jump on strong 1Q resultsThe Associated Press - 18 minutes ago
SANTA CLARA, Calif. - Touchscreen technology maker Synaptics said Thursday its first-quarter net income fell 23 percent as a one-time tax charge offset growth in demand for mobile phone screens.
Synaptics Rallies On Strong Q1; But Q2 Revs Look Light
Barron's (blog)
UPDATE 3-Broadcom questions if Santa will come this holidayReuters - - 1 hour ago
CHICAGO, Oct 22 (Reuters) - US chip maker Broadcom Corp (BRCM.O) warned that the economy may not be out of the woods yet and expressed concerns about the holiday season, after reporting lower profits and revenue in the third quarter.
Broadcom 3Q profit falls, holiday sales uncertain
The Associated Press
Broadcom Q2 Profit Halves
RTT News
UPDATE 2-State Street's Logue to retire in MarchReuters - - 1 hour ago
BOSTON, Oct 22 (Reuters) - State Street Corp (STT.N) chief executive Ronald Logue, who helped grow the company into one of the world's biggest institutional money managers, said on Thursday that he plans to retire on March 1.
State Street names its president to succeed CEO
MarketWatch
Home Tax Credit Audit Shows AbusesNew York Times - - 38 minutes ago
WASHINGTON - Just as Congressional leaders are calling for an extension of a popular $8000 tax credit for first-time homebuyers, or even an expansion to all home purchasers, government investigators reported Thursday that their audits ...
Video: Stossel on Homebuyer Credit Fraud
Fox Business
Home-Buyer Credit Tempts Tax Cheats
Wall Street Journal
Nucor sees weak steel demand continuing in Q4Reuters - - 3 hours ago
NEW YORK, Oct 22 (Reuters) - US steelmaker Nucor Corp. (NUE.N) said on Thursday, demand from service centers improved somewhat along with output in the third quarter, but it did not see increased end use demand, and operating rates ...
Nucor Swings to Loss
Wall Street Journal
Nucor: Cost of carbon legislation still a concern
The Associated Press
CORRECTED - UPDATE 4-Juniper outlook beats, CEO passive on M&AReuters - - 49 minutes ago
NEW YORK, Oct 22 (Reuters) - Network equipment maker Juniper Networks Inc's (JNPR.O) quarterly results and outlook exceeded Wall Street estimates, adding to hopes that a recovery in telecommunications spending was underway.
Juniper Networks 3Q earnings fall 44 percent
BusinessWeek
Juniper Networks posts profit, sales declines
MarketWatch
The New York Times: The Bad News About The Good NewsForbes - - 2 hours ago
Leadership at this old-media bellwether seems truly confused by what to do next. Not a good sign for the news business. For a news business short on good business news, The New York Times Co.
New York Times Co. narrows loss, ad slump lingers
The Associated Press
New York Times publisher cuts losses to £21m
guardian.co.uk
Eastman Chemical 3Q net income edges higherThe Associated Press - 1 hour ago
KINGSPORT, Tenn. - Eastman Chemical Co. said Thursday its third-quarter net income inched higher as lower raw material costs helped offset a 26 percent drop in revenue.
Eastman Chemical posts narrowly higher profit
MarketWatch
UN suggests 2020 climate goals for poorReuters - - 9 hours ago
NEW DELHI, Oct 22 (Reuters) - A top UN official suggested a 2020 greenhouse gas goal for developing nations on Thursday as part of a new UN climate pact as China and the United States sought common ground to fight global warming.
India and China agree to united front on climate change
Christian Science Monitor
Xerox, AT&T, Kimberly-Clark are big moversThe Associated Press - 1 hour ago
NEW YORK - The following stocks were among those that moved substantially or traded heavily Thursday on the New York Stock Exchange: NYSE: Xerox Corp.
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