Archive for the Finance Category

Saturday, November 29, 2008 10:16

Wall Street rebounds from 1.18% with results of companies

Wall Street rebounds from 1.18% with results of companies

Strong results and outlook for Wall Street companies argued Wednesday while the dollar’s decline has benefited the values of commodities. Wall Street had accused the day before its biggest loss in two months and rebound suggests that investors have felt the decline a bit harsh. Since late summer, the Exchange has most of its gains [...]

Saturday, November 29, 2008 10:16

Yahoo increased its profits by 113 percent in third quarter 2010

Yahoo increased its profits by 113 percent in third quarter 2010

The Internet giant Yahoo beat market expectations and achieved a net profit of $ 396 million in the third quarter, 113 percent more than the same period 2009, the company reported today. The company reported, however, a minimum increase of their income from July to September, which rose up to U.S. $ 1.601 million, just [...]

Saturday, November 29, 2008 10:16

Wall Street driven by the performance of Intel and JPMorgan

Wall Street driven by the performance of Intel and JPMorgan

The results from JPMorgan and Intel allow Wall Street to get closer to its highest level this year. At the opening, the Dow Jones gained 0.48% at 11,073 points, the Nasdaq rose 0.55% to 2,431 points and the S & P 500 wins 0.46% to 1.175 points. While the ball is just beginning publications, the [...]

Saturday, November 29, 2008 10:16

Zappos pays 1.6 million dollars for a labeling error

Zappos pays 1.6 million dollars for a labeling error

The 6pm site, a sister site to Zappos, accidentally priced all of its products at $49.95 on Friday, costing the company $1.6 million. The commercial site 6pm, owned Zappos online shoe has heavily suffered the consequences of a labeling error occurred last week.Following a mistake when entering a string of awards, the site was accidentally assigned to [...]

Saturday, November 29, 2008 10:16

Oil Leaks: BP launches new drive to stop the leaks

Oil Leaks: BP launches new drive to stop the leaks

BP needs quick solutions for oil leaks. The company British Petroleum (BP) resumed operations with dispersants in the Gulf of Mexico to try to minimize the effects of oil leaks, despite the risks to the environment of use of this chemical agent. Both federal state as “consented to a third test with the dispersant underwater,”as [...]

Saturday, November 29, 2008 10:16

IMF approves loan of 30 billion to Greece

IMF approves loan of 30 billion to Greece

The aid is part of a package of 110 billion euros of financial support to keep the Greek economy from  entering  the ‘default’. The International Monetary Fund (IMF) approved yesterday a package of financial support to Greece of 30 billion euros. The funding operation will last for three years and is part of the program of [...]

Saturday, November 29, 2008 10:16

Continental and United are hoping for recovery

Continental and United are hoping for recovery

The aviation companies United Airlines and Continental will merge into what will be the largest airline in the world. But the rise has its dark side, both partners are economically weak. A solution to the crisis would be higher air ticket prices. It is a set ritual. For nearly 20 years, American Airline and airport [...]

Saturday, November 29, 2008 10:16

Merkel ask Greece for more sacrifices

Merkel ask Greece for more sacrifices

The rescue of Greece, from serious financial crisis, has become a game of poker and Germany continues to send mixed signals.

Saturday, November 29, 2008 10:16

Volkswagen now has to invest 6 billion euros in China

Volkswagen now has to invest 6 billion euros in China

The automaker Volkswagen has revised upward its development plan for the chinese market. In a statement, the German group announced that it decided to add 1.6 billion euros to its initial investment program.

Saturday, November 29, 2008 10:16

French unions harden the wage dispute with Airbus

French unions harden the wage dispute with Airbus

French unions have tightened Airbus on monday conflict with the management of European aerospace group deciding on actions against production and rotating strikes to get their demands on wages and hiring.