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Penney reports loss and plummeting sales in 1Q

May 16, 2012

J.C. Penney on Tuesday reported a larger-than-expected loss in the first quarter largely because customers were turned off by the retailer’s new plan to get […]

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Lenders, economics - Comments closed

Coca-Cola tries again with mid-calorie sodas

May 14, 2012

The Coca-Cola Co. is trying mid-calorie sodas again with its Sprite and Fanta.
A spokesman for the Atlanta-based company says the drinks will be tested in […]

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Uncategorized, term - Comments closed

U.K. Economic Slump May Be Deeper as Construction Revised - Bloomberg

May 11, 2012

Britain

Personal Finance, term - Comments closed

Home Prices Rise in Half of U.S. Cities as Markets Stabilize - Bloomberg

May 9, 2012

Prices for single-family homes climbed in half of U.S. cities in the first quarter as real estate markets stabilized.
The median sales price increased from […]

Mortgage, economics - Comments closed

Treasury announces 3rd round of AIG stock sales

May 4, 2012

The Treasury Department says it will sell more of its shares of common stock in insurance giant American International Group to recoup more of the […]

marketing, term - Comments closed

US futures up on GM results, steady European rates

May 3, 2012

U.S. stock market futures are rising modestly after General Motors Corp. posted first-quarter results that beat Wall Street expectations and the European Central Bank kept […]

Mortgage, technology - Comments closed

GDP: Recovery slows in first quarter

May 1, 2012

The American economy grew slower than predicted in the first quarter, as government spending cuts offset a pickup in consumer spending.
Gross domestic product, the […]

Business, legal - Comments closed

Arch Coal elects Deck Slone as SVP

April 23, 2012

Arch Coal elected Deck Slone as the company’s senior vice president of strategy and public policy.
His appointment is effective June 1, and Slone will report […]

Credit, Finance - Comments closed

Strong corporate earnings push stocks higher

April 21, 2012

Stronger profits from Microsoft, McDonald’s and other major U.S. corporations pushed stocks higher Friday. Optimism from Europe helped brighten the mood.
The Dow Jones industrial average […]

Finance, management - Comments closed

U.K. Unemployment Unexpectedly Falls as Economy Gains Momentum - Bloomberg

April 18, 2012

U.K. jobless claims rose less than economists forecast in March and a broader measure of unemployment fell for the first time for almost a year, […]

Business, Personal Finance - Comments closed