Satyam takes shine off India's family-run corporates
Reuters (USA) - 12 ore fa
That respect took a beating on Wednesday when B. Ramalinga Raju quit and said profits of India's fourth-biggest software exporter had been inflated over several years. "It's not exactly what India needed now," said Seema Desai, analyst for Asia at risk consultancy Eurasia Group in London. "It is a ...
FACTBOX: Five facts about Indian outsourcer Satyam- Reuters (USA)
Accounting scandal at Satyam could be India's Enron- Reuters (USA)
BusinessWeek (USA) - e altri 13 articoli simili |
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Monsanto quarterly profit jumps
Reuters (USA) - 12 ore fa
The company also increased its full-year earnings per share forecast to a range of $4.40 to $4.50 excluding items, from its previous forecast of $4.20 to $4.40. St. Louis-based Monsanto, a leader in the development of genetically altered crops, said net income rose to $556 million, or $1 a share ... |
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Time Warner sees $25 billion fourth-quarter charge
Reuters (USA) - 12 ore fa
The company is also taking charges related to its Time Inc and AOL units. Due to the charges, Time Warner will post a net loss in 2008 compared to its previous forecast of earnings per share in the range of $1.04 to $1.07. Time Warner Cable said in a separate statement it also anticipates a ... |
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Domino's Pizza says full-year profits to beat forecasts
Reuters (UK) - 19 ore fa
Analysts' forecasts for full-year pretax profit range between 22.3 and 23.2 million pounds, with the consensus at 22.6 million, according to a Reuters Estimates poll of ten analysts. Domino's, which operates the UK and Ireland franchise of the global home delivery brand, said like-for-like sales ... |
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Japan's Aeon posts Q3 net loss
Reuters (USA) - 20 ore fa
Consumer reluctance to spend, which retailers say has only grown every month, has sent Aeon and its rivals scrambling to slash prices, close unprofitable stores and expand their selection of own-brand goods. For the nine months to end November, Aeon's same-store sales fell 1.2 percent from a year ...
M&S to close stores and cut jobs- BBC (UK)
Bank of America in Chinese sale- BBC (UK)
Reuters (UK) - BusinessWeek (USA) - e altri 57 articoli simili |
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M&S to cut its pension benefits
BBC (UK) - 14 ore fa
Until 2007, staff did not have to make any contributions to their fund and their pension built up at one-45th a year, rather than the slower and more common one-60th, or even one 80th, found at other schemes. The retailer hopes that its pension cuts, along with a redundancy programme and store ... |
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Satyam chief makes stunning exit
Reuters (UK) - 14 ore fa
India's biggest corporate scandal in memory hammered Satyam's shares, which had already been under pressure since last month. The stock fell more than 80 percent on Wednesday, leaving the company worth around $500 million (337 million pounds), against nearer $7 billion just six months ago. Life ... |
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Barclays to cut 400 technology jobs
Reuters (UK) - 14 ore fa
Barclays said a review of its IT operations will see about 158 permanent staff and 250 contractor positions go, mainly in Cheshire and London. The bank said it would try to mitigate compulsory redundancies by releasing contractors, closing vacancies and offering staff the chance to apply for other ...
FSA mulls wider short selling disclosure rules- Reuters (UK) |
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World stocks up for 10th day
Reuters (USA) - 19 ore fa
Asian stocks hit a two-month high but European indexes opened slightly weaker, snapping a six-session winning streak. The U.S. dollar was heading for a fourth day of gains against the euro on expectations U.S. President-elect Barack Obama will soon unveil a package of spending and tax cuts worth ...
Oil falls towards $48 a barrel- Reuters (UK)
German jobless up for first time in nearly 3 years- Reuters (UK) |
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BP shares down on rumour guiding lower on earnings
Reuters (UK) - 19 ore fa
Shortly after the end of each quarter, BP, like many other companies, calls analysts to ask their forecasts for quarterly earnings, from which the company then compiles an average forecast. BP has said in the past that it sometimes highlights positive or negative aspects to the quarter, which have ... |
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