"Wallstreet" Reader |
- Samsung Expects Record Operating Profit
- Asian Shares Higher
- Citi Won't Sleep on Customer Tweets
- Investors Jump Off the 'Junk' Pile
- American Airlines Finds More Problems With Seats
- Zynga Warns on Third Quarter
- Layaway Leads to Early Rush on Holiday Toys
- Steel's New Number 2
- Dave & Busters Halts IPO Plans
- China's Huawei Considers IPO
- Moody's Cuts Cantor to 'Junk'
- Valero Suspends Gasoline Sales in California Spot Markets
- Art Sales' Old Guard Gets Asian Rival
- Nook Media Gets Microsoft Funds
- Sprint Expected to Discuss Possibility of MetroPCS Bid
- Google Settles Copyright Case
- Facebook Reaches 1 Billion Users
- Cisco Promotes Two in Race to Succeed CEO Chambers
- China's Haier Is Dealt Setback
- Kingfisher Halts Flights Through Next Week
| Samsung Expects Record Operating Profit Posted: 04 Oct 2012 07:48 PM PDT Samsung Electronics said it expects a record operating profit of between $7.09 billion and $7.45 billion for the third quarter, which analysts attributed to stellar sales of the Korean company's flagship smartphones despite an intensifying global patent battle with Apple.
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| Posted: 04 Oct 2012 07:50 PM PDT Asian markets rise, supported by encouraging U.S. data, and comments from ECB President Mario Draghi. The Hang Seng adds 0.3%.
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| Citi Won't Sleep on Customer Tweets Posted: 04 Oct 2012 06:13 PM PDT Citigroup is using social media like Twitter and Facebook to improve its customer service.     |
| Investors Jump Off the 'Junk' Pile Posted: 04 Oct 2012 05:10 PM PDT The massive "junk"-bond boom is raising alarm bells among some large money managers, who warn the market is showing signs of overheating.     |
| American Airlines Finds More Problems With Seats Posted: 04 Oct 2012 07:27 PM PDT American Airlines said it will take several extra days, and perhaps disrupt some flight schedules through the beginning of the weekend, to ensure that passenger seats on more than four dozen of its jets are properly secured.     |
| Posted: 04 Oct 2012 06:42 PM PDT Social games developer Zynga projected disappointing third-quarter results and again lowered its earnings expectations for the full year.     |
| Layaway Leads to Early Rush on Holiday Toys Posted: 04 Oct 2012 07:04 PM PDT It isn't even Halloween and some Christmas toys are already getting scarce, in part because of new, earlier layaway plans and programs at big retailers that let parents reserve what are expected to be hot sellers.     |
| Posted: 04 Oct 2012 03:50 PM PDT Nippon Steel & Sumitomo Metal Corp., which became the world's second-biggest steelmaker this week with the merger of two Japanese metals titans, will focus on producing high-tech steel and reducing costs as it wrestles with slowing demand.     |
| Dave & Busters Halts IPO Plans Posted: 04 Oct 2012 06:47 PM PDT Dave & Buster's Entertainment Inc. shelved plans to launch an initial public offering, the latest in a string of companies to defer or cancel IPOs, citing market conditions.     |
| Posted: 04 Oct 2012 06:29 PM PDT Huawei has reached out to investment banks for advice on issuing stock to the public, as the Chinese telecom company considers ways to improve its odds of winning big contracts in markets like the U.S.     |
| Posted: 04 Oct 2012 02:06 PM PDT Moody's said the brokerage firm's weakened profitability is likely to persist. The firm has been expanding in recent years despite Wall Street's slowdown.     |
| Valero Suspends Gasoline Sales in California Spot Markets Posted: 04 Oct 2012 02:43 PM PDT Valero Energy halted its sale of gasoline into the California spot market as a spate of refinery outages in the state have crimped supplies.     |
| Art Sales' Old Guard Gets Asian Rival Posted: 04 Oct 2012 07:44 PM PDT China Guardian Auctions is holding its first art sale beyond the Chinese mainland this weekend, in a bid to challenge Christie's and Sotheby's.
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| Nook Media Gets Microsoft Funds Posted: 04 Oct 2012 02:10 PM PDT Microsoft completed its $300 million investment in Nook Media LLC, a newly created subsidiary of Barnes & Noble.     |
| Sprint Expected to Discuss Possibility of MetroPCS Bid Posted: 04 Oct 2012 04:46 PM PDT Sprint board members will hold a special meeting by phone at noon Friday, where directors are expected to discuss whether Sprint should renew its pursuit of MetroPCS, said people familiar with the matter.     |
| Posted: 04 Oct 2012 08:03 PM PDT Google has settled a copyright-infringement case with American publishers, though the issue of whether the Internet company had the right to digitally reproduce books in copyright is still being hashed out in court.
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| Facebook Reaches 1 Billion Users Posted: 04 Oct 2012 05:38 PM PDT Facebook said it has topped one billion monthly active users, a milestone that raises growth questions anew for the social network and whether it can profit off its giant user base.     |
| Cisco Promotes Two in Race to Succeed CEO Chambers Posted: 04 Oct 2012 04:46 PM PDT Cisco Systems gave two senior executives, Gary Moore and Rob Lloyd, the title of president, effectively naming front-runners in the race to eventually succeed longtime Chief Executive John Chambers.     |
| China's Haier Is Dealt Setback Posted: 04 Oct 2012 07:45 PM PDT New Zealand's Fisher & Paykel rejected a takeover offer by fellow appliance maker Haier, saying the Chinese company's $713.4 million bid was too low.
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| Kingfisher Halts Flights Through Next Week Posted: 04 Oct 2012 01:04 PM PDT India's Kingfisher Airlines said it doesn't plan to operate flights until Oct. 12, citing a strike by employees who haven't been paid since March.     |
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