Business and Finance News
 Fund-poor schools close in Missouri
Sri Lankan News.Net
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat financially.
Forbes says Gates no longer the world's richest
Sri Lankan News.Net
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last year.
Ulta Salon Expects Earnings And Sales Growth
Sign on San Diego
NEW YORK Ulta Salon Cosmetics & Fragrance Inc. on Thursday said it expects its earnings per share to double or nearly double in its fiscal first quarter compared with a year ago. The beau...
Credo Petroleum's '09 Earnings Ride High
Rigzone
Credo Petroleum reported financial results for the quarter ended January 31, 2010. For the first quarter, net income was $639,000, or $.06 per diluted share, compared to a net loss of $9,891,000, or ...
Earnings Roundup: Xoma, Pacific Sunwear
Miami Herald
Among the earnings stories for Thursday, March 11, from AP Financial News:BERKELEY, Calif. (AP) - Biotechnology company Xoma Ltd. said its fourth-quarter profit fell as its contract revenue dipped.ANA...
Walt Disney Bets On Southern Audience
The Hindu
MUMBAI: The Walt Disney Company in India on Thursday announced its first locally developed studio project aimed specifically at southern audiences. The yet to be named epic fantasy adventure is to be ...
Citigroup Ceo Says Bank On Path To Profitability
Examiner
Citigroup Inc. is poised to return to "sustained profitability" as it sheds risky assets and focuses on emerging markets, CEO Vikram Pandit said Thursday.Investors embraced his bullish view, sending C...
Chevron May Proceed With Arbitration Over Ecuador
Business Week
March 11 (Bloomberg) -- Chevron Corp., the second-largest U.S. oil company, may proceed with an arbitration stemming from a court fight over an environmental cleanup in Ecuador that might cost as much...
Solar Power Inc. Delays Earnings Report
Business Journal
Solar Power Inc. has rescheduled the release of its fourth quarter and fiscal year 2009 earnings until the company’s audit is complete, Solar Power announced Thursday. The earnings results will...
National Beverage Q3 Earnings Pop
Business Journal
said on Thursday it had its best third quarter in the company’s history. The Fort Lauderdale-based soft drink company (NASDAQ: FIZZ) said net income for the third quarter was $5.5 million, up f...
Coca-cola Femsa Bottler To Change Bylaws
The Seattle Times
Drinks company Fomento Economico Mexicano SAB said Wednesday its bottler, Coca-Cola FEMSA, plans to change its bylaws so a simple majority of its board can appoint and set compensation of the CEO and ...
Summary Box: Exxon Mobil Forecast $28b Spending
The Seattle Times
FOLLOW THE MONEY: Exxon Mobil Corp. will increase its capital spending by 3 percent to $28 billion this year despite weak global demand for energy. It forecast capital spending between $25 billion and...
Earnings Roundup: Xoma, Pacific Sunwear
Seattle Post-Intelligencer
THE ASSOCIATED PRESS Among the earnings stories for Thursday, March 11, from AP Financial News: BERKELEY, Calif. -- Biotechnology company Xoma Ltd. said its fourth-quarter profit fell as its contr...
Ulta Salon Expects Earnings And Sales Growth
Seattle Post-Intelligencer
THE ASSOCIATED PRESS NEW YORK -- Ulta Salon Cosmetics & Fragrance Inc. on Thursday said it expects its earnings per share to double or nearly double in its fiscal first quarter compared with a ...
Regulator Faults Wall Street Banks On Derivatives
Salt Lake Tribune
Washington » Wall Street banks are seeking exemptions to proposed new financial derivatives rules that could shield more than half the trades that should be subject to disclosure, a federal regu...
Government May Tighten Car Safety Standards
MSNBC
March 11: The head of the National Highway Traffic Safety Administration testifies before Congress about his agency's investigation into the safety of Toyota vehicles. NBC's Tracie Potts reports.
Sec Head Urges Congress To Act On Derivatives
MSNBC
WASHINGTON - The government's top securities regulator is calling anew for Congress to impose new oversight on financial derivatives, warning that allowing risky instruments like credit default swaps ...
The 25 Richest Counties In The United States
MSNBC
Except, perhaps, in Loudoun County, Va., where median household incomes are higher than anywhere else in the country. This affluent suburb of Washington, D.C., where families take home a median $110,6...
Citigroup Ceo Says Bank On Path To Profitability
Associated Press
NEW YORK (AP) -- Citigroup Inc. says it's heading back toward sustained profitability after two years that saw the bank lose billions of dollars and be bailed out by the government.
Wall St Claws Out Late Rally On Upbeat Citi
The Daily Telegraph
US SHARES staged an 11th hour rally to close higher overnight after the head of Citigroup, Vikram Pandit, said he was sure the bank was on track for a sustainable recovery, lifting sentiment.
Wall St Claws Out Late Rally On Upbeat Citi
The Daily Telegraph
US SHARES staged an 11th hour rally to close higher overnight after the head of Citigroup, Vikram Pandit, said he was sure the bank was on track for a sustainable recovery, lifting sentiment.
Wall St Claws Out Late Rally On Upbeat Citi
News.com.au
US SHARES staged an 11th hour rally to close higher overnight after the head of Citigroup, Vikram Pandit, said he was sure the bank was on track for a sustainable recovery, lifting sentiment.
Wall St Claws Out Late Rally On Upbeat Citi
The Courier Mail
US SHARES staged an 11th hour rally to close higher overnight after the head of Citigroup, Vikram Pandit, said he was sure the bank was on track for a sustainable recovery, lifting sentiment.
Doctor Pepper Upgraded By Ubs
Fox Business
DPS ) from neutral to buy, citing the company's strong fundamentals and a share buyback program. The brokerage also raised its price target on Doctor Pepper to $42 from $31. Doctor Pepper has recei...
Pfizer Says Two Breast Cancer Drug Studies Fail
Fox Business
SAN FRANCISCO -- Pfizer Inc. said late Thursday two late-stage studies of an approved kidney cancer drug failed to treat breast cancer significantly, and that it will also halt an unpromising late-st...
Imf To Send Staff To Honduras For Econ Assessment
Fox Business
Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The International Monetary Fund plans to send a staff mission to Honduras next week, the IMF said Thursday. The team will be the first from the IMF to ...
A-power Energy Tapped To Develop Wind Turbine Plant
Fox Business
APWR ) and two other companies have been tapped to develop a wind turbine production plant in Nevada. The plant, which will supply wind turbines to renewable energy projects throughout the country w...
Alberta Revamps Oil And Gas Royalty Regime
Financial Post
CALGARY -- Alberta, responding to more than two years of harsh criticism, has once again revamped its conventional oil and gas royalty regime, this time returning to rates similar to those announced b...
Clairvest's N.y. Casino Deal Folds
Financial Post
Gamers play the slot machines at the Empire City Casino in Yonkers, New York. The Aqueduct Entertainment Group consortium was denied a licence to operate a similar facility at Queens. N.Y. track.
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