Shyftr Shyftr

Friday, April 25, 2014

Business

Foreclosure Errors Top Reported Rate

Yesterday - Wall Street Journal
A consulting firm that scoured major U.S. banks' foreclosure files was finding far higher rates of error than regulators reported when they abruptly ended the review last year

Amazon Tries Its Own Deliveries

Yesterday - Wall Street Journal
Amazon is testing its own delivery network for the final leg of a package's journey to consumers, putting it closer to same-day shipping

Microsoft Profit Falls Less Than Expected

Yesterday - Wall Street Journal
Microsoft posted a smaller-than expected decline in profit in its fiscal third quarter, buoyed by strength in its consumer segment and a decline in operating expenses

KKR, Nasdaq Plan Market for Private-Equity Funds

Yesterday - Wall Street Journal
Private-equity firms are letting a few more patrons past the velvet rope

Alibaba Plan Puts IPO Record in Sight

Yesterday - Wall Street Journal
Alibaba and its bankers are discussing adding new shares to the company's IPO, a move that would allow the e-commerce giant to raise funds for itself and could push the size of the deal to a record

Profit At Warren Buffett-Backed Chinese Automaker BYD Plunges In 1st Qtr

Yesterday - Forbes
Profit at BYD, the Chinese manufacturer of autos, batteries and phone components 10% owned by Warren Buffett’s Berkshire Hathaway, plunged in the first quarter as tough competition in the world’s largest auto market led to a decline in sales by Russell Flannery

'Batman Vs. Superman' Casts Ray Fisher As Cyborg

Yesterday - Forbes
Variety is reporting that their sources confirm Warner Bros. has cast actor Ray Fisher to play Victor Stone, a young man who becomes the superhero Cyborg, in the upcoming sequel to Man of Steel. Cyborg is a member of the Justice League in DC Comics, and it's expected the character's small role in this film sets up his larger role in the Justice Lea... by Mark Hughes

FDA Approves HPV Test That Could Be Used Instead of Pap Smear

Yesterday - Wall Street Journal
The Food and Drug Administration on Thursday approved the first DNA test for human papillomavirus, or HPV, that could be used instead of the Pap test in a cervical-cancer screening program

Mining Companies Conserve Cash

Yesterday - Wall Street Journal
A slump in spending by mining companies is running longer and deeper than expected, hitting hard equipment suppliers like Caterpillar

Amazon's Q1 2014 Earnings Hint At Streaming TV Services As Key Element

Yesterday - Forbes
Earlier today, Amazon revealed its 2014 first quarter earnings in a conference call, and the news for investors was quite good. Analysts had predicted revenue of $19.4 billion, however Amazon reported that revenue went beyond that to $19.74 billion. That figure is up 23% over last year’s $16.1 billion. Profits were $108 million, which translates... by Matt Hickey

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