Shyftr Shyftr

Thursday, July 24, 2014

Wall Street Journal

Canon Reports Solid Profit Jump

1 hour 27 minutes ago
Canon said its net profit jumped 22% in the April to June period thanks to surging sales of multifunction office devices and industrial equipment.

European Markets Struggle to Gain Pace

2 hours 54 minutes ago
Lingering geopolitical tensions kept Russian markets under pressure and, combined with relatively lackluster corporate earnings, offset the effects of upbeat Chinese manufacturing data on European markets.

LG Dials Up a Turnaround

3 hours 5 minutes ago
LG Electronics said its net profit rose sharply in the second quarter as its mobile business staged a turnaround on higher smartphone sales.

SABMiller Beer Volumes Rise

3 hours 17 minutes ago
The world's No. 2 brewer SABMiller said sales and beer volumes rose steadily in the first three months of its financial year, buoyed by strong growth in Africa and Europe.

Standard Chartered Backs CEO

3 hours 47 minutes ago
Standard Chartered issued a stern rebuttal of media reports that it had started succession planning for its chief executive and chairman amid pressure from investors.

Roche Profit Dented by Currencies

3 hours 52 minutes ago
Roche Holding's first-half net profit slid 7% under pressure from exchange rates but strong sales of its cancer therapies prompted the Swiss drug giant to confirm its outlook for the full year.

Nokia Swings to Second-Quarter Profit

3 hours 52 minutes ago
Finland's mobile-network maker Nokia said its expectations for 2014 have improved, as its financial performance in the latest quarter was helped by the sale of its handset business to Microsoft.

BASF Lifted by Specialty Chemicals

3 hours 53 minutes ago
German chemicals giant BASF said second-quarter net profit jumped 12%, boosted by its industrial and specialty chemicals division, despite a deteriorating global economic outlook and heightened geopolitical risks.

Hyundai Motor Profit Skids

3 hours 53 minutes ago
Hyundai Motor second-quarter net profit fell 6.9%, hurt by a stronger local currency and higher costs incurred for improving its U.S. market share.

Unilever Flags Further Emerging-Market Slowdown

4 hours 18 minutes ago
Unilever flagged a further slowdown in the emerging markets, even as first-half profit grew on the back of a number of disposals.

Court Blocks Bitcoin Domain Name Auction

5 hours 16 minutes ago
A planned auction of bitcoins.com, a domain name owned by the chief executive of defunct bitcoin exchange Mt. Gox, has been postponed after a U.S. court order temporarily blocked the company that operated the exchange from selling assets.

China HSBC PMI Hits High

Yesterday
The preliminary HSBC China Manufacturing Purchasing Managers Index, a gauge of nationwide manufacturing activity, rose to an 18-month high of 52.0 in July.

Asian Shares Await China Data

Yesterday
Asian stocks were mixed, in subdued trading ahead of an update on the health of China's manufacturing sector.

Volatile Mix: Social Media and Coupons

Yesterday
Retailers including Wal-Mart, Target and others are taking steps to limit price-matching as social-media websites turn discounting into a viral frenzy.

Macy's Workers Win Labor Case

Yesterday
A group of cosmetics and fragrances workers at a Macy's store in Massachusetts are a big enough lot to try to unionize, the National Labor Relations Board decided in a ruling that could advance organized labor's quest to unionize subsets of workers in varied industries.

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