jueves, 12 de agosto de 2010

Business Today: Stock futures signal losses as Cisco weighs

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Good Morning Aron, THU 12 Aug 2010 
 
Stock futures signal losses as Cisco weighs
GM posts largest quarterly profit since 2004
Cisco shares fall on weak revenue outlook
Jobless claims unexpectedly rise in latest week
Bank repossessions drive up July foreclosures
Kohl's profit beats Street, but outlook tepid
Barnes & Noble and Burkle in talks to end fight: source
India says BlackBerry meeting "inconclusive"
Foreign firms helped by U.S. bailouts: panel
AIG talking to big investors on AIA IPO: sources


Stock futures signal losses as Cisco weighs
August 12, 2010 08:20 AM ET
NEW YORK (Reuters) - Stock index futures fell on Thursday following a steep Wall Street sell-off that erased gains for the year.

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GM posts largest quarterly profit since 2004
August 12, 2010 08:25 AM ET
DETROIT (Reuters) - General Motors Co posted its biggest quarterly profit in six years on Thursday, a day ahead of an expected IPO filing that would open the gates for the U.S. government to slash its stake in the automaker.

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Cisco shares fall on weak revenue outlook
August 12, 2010 08:24 AM ET
(Reuters) - Shares of technology bellwether Cisco Systems Inc fell 8 percent in pre-market trade Thursday, a day after CEO John Chambers' comments about an uncertain economy spooked investors, prompting at least one brokerage to cut its rating on the stock.

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Jobless claims unexpectedly rise in latest week
August 12, 2010 08:34 AM ET
WASHINGTON (Reuters) - The number of people filing new claims for unemployment insurance unexpectedly rose in the latest week to its highest level in close to six months, a fresh signal of a weak jobs market.

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Bank repossessions drive up July foreclosures
August 12, 2010 07:37 AM ET
NEW YORK (Reuters) - More Americans fell into foreclosure in July as a sour job market kept them from making payments, and banks took over homes at a near record pace.

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Kohl's profit beats Street, but outlook tepid
August 12, 2010 08:29 AM ET
NEW YORK (Reuters) - Kohl's Corp reported better-than-expected earnings as exclusive lines helped it win market share, but its outlook fell short of Wall Street forecasts, sending its shares were down 3.8 percent in premarket trading.

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Barnes & Noble and Burkle in talks to end fight: source
August 12, 2010 01:00 AM ET
LOS ANGELES (Reuters) - Bookseller Barnes & Noble Inc is in talks with Ronald Burkle's investment firm to end the billionaire's lawsuit and avoid a potential fight over the company's board, a source with knowledge of the talks told Reuters late Wednesday.

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India says BlackBerry meeting "inconclusive"
August 12, 2010 08:30 AM ET
NEW DELHI (Reuters) - The Indian government put off a decision on Thursday on whether to ban BlackBerry services over national security fears in the world's fasted growing telecoms market.

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Foreign firms helped by U.S. bailouts: panel
August 12, 2010 03:58 AM ET
WASHINGTON (Reuters) - The U.S. tactic of pouring money into ailing financial firms during the 2007-09 crisis helped many foreign banks whose governments should have shared some of the burden, a report from a congressional watchdog agency said on Thursday.

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AIG talking to big investors on AIA IPO: sources
August 12, 2010 07:25 AM ET
HONG KONG/NEW YORK (Reuters) - American International Group Inc has started talks with potential investors to sell stakes in its Asian life insurance business AIA ahead of AIA's planned IPO, sources with direct knowledge of the matter said.

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