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Monthly Archive October, 2009

Exxon quarterly profit down 68 percent, misses Street

October 30, 2009

Exxon Mobil Corp on Thursday said its quarterly profit fell 68 percent, missing Wall Street estimates, as the global recession bit into fuel demand […]

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AMR to cut up to 700 maintenance, engineering jobs

October 29, 2009

American Airlines parent AMR Corp will eliminate up to 700 jobs as it downsizes its maintenance and engineering operations, the company said on Wednesday […]

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ING shares plunge anew, analysts see major dilution

October 27, 2009

Shares in Dutch bancassurer ING Group NV plunged for a second day on Tuesday, as analysts said a pending 7.5 billion euro rights issue […]

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South Korean GDP Expands at Fastest Pace in 7 Years

October 26, 2009

South Korea’s economy expanded in the third quarter at the fastest pace in seven years, stoking speculation the central bank will raise borrowing costs. […]

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Intel assures Clearwire on investment info: report

October 23, 2009

Intel Corp assured Clearwire Corp it is closely guarding its investment information on the wireless-broadband company after an insider-trading scandal surfaced last week, the […]

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Google, labels partner on music search: sources

October 22, 2009

Google Inc is partnering with major music labels to launch a new feature to make it easier to discover, sample and buy songs on […]

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U.K. Had Record September Deficit as Slump Hit Taxes

October 20, 2009

Britain had the biggest budget deficit for any September since records began in 1993 as the recession ravaged tax revenue and drove up welfare […]

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Inflation cools off

October 19, 2009

A smaller rise in energy prices resulted in a slower increase in overall prices in September, according to a government report Thursday.
The Consumer […]

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Goldman’s bonus play underscores broader strategy

October 16, 2009

Goldman Sachs Group Inc opted to devote a smaller chunk of revenue to compensation in the latest quarter in what may be a sop […]

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U.S. proposes safety fines against UAL, USAir

October 15, 2009

U.S. aviation regulators proposed on Wednesday $9.2 million of combined safety-related fines against US Airways Group and UAL Corp’s United Airlines, officials said.
The Federal […]

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