Latest All Business News

CORRECTED - DBS says divests 2.7 pct stake in India's HDFC Bank

- Reuters - Mon 11 May, 01:20 PM

SINGAPORE (Reuters) - Singapore's DBS Group said it sold its 2.7 percent stake in India's HDFC Bank on Friday, which, according to a banking source, raised about $260 million for the.

Indian property struggles as funds stay away

- Reuters - Mon 11 May, 01:20 PM

MUMBAI (Reuters) - India's troubled property developers are seeing early signs of a rebound, but high debt costs and a lack of private equity funding suggest a sustained recovery is unlikely for some..

ANALYSIS - Credit losses seen falling despite Q1 bank hits

- Reuters - Mon 11 May, 12:51 PM

LONDON (Reuters) - Sizeable writedowns by a handful of lenders this week have jolted but not wiped out confidence that European banks will see smaller credit writedowns this year after huge losses in...

BSE Sensex extends losses to over 1 pct

- Reuters - Mon 11 May, 12:51 PM

MUMBAI (Reuters) – The BSE Sensex extended losses to more than 1 percent on Monday afternoon, weighed down by political uncertainty ahead of general election results this. 

Today's Top News

Bombay Bourse Said to Hire Kannan as Chief Executive

Bloomberg - ‎11 minutes ago‎

India's two stock markets have formed alliances with overseas bourses to raise funds to invest in new trading systems and gain expertise in offshore trading ...

Volatile market at day's low

India Infoline.com - ‎53 minutes ago‎

Markets have turned volatile and have further lost ground in the afternoon trades as selling pressure prolongs. Cues from the Asian markets are mixed, ...

Markets start in positive zone Andhra Cafe

The bear grip tightens…Sensex slides over 200pts India Infoline.com

Two Fidelity Units Cut Satyam Computer Stake To 4.02%

Wall Street Journal - ‎23 minutes ago‎

... International units have cut their combined stake in India's Satyam Computer Services Ltd. (500376.BY) by 1.76% to 4.02% through open market sales. ...

Taiwan stocks at 8-mth high on property, firm Taiwan dollar

Forbes - ‎10 minutes ago‎

By Gina Chang ASIA-PACIFIC STOCK MARKETS: Pan-Asia...... Japan........ S.Korea.... SE Asia............ Hong Kong... Taiwan..... Australia/NZ......... India. ...

Hindustan Unilever Board recommends Final Dividend of Rs 4 for 2008-09

Equity Bulls - ‎59 minutes ago‎

The Hindustan Unilever stock was trading at Rs.228, down by Rs.4.90 or 2.10%. The stock hit an intraday high of Rs.238.90 and low of Rs.226.20.

Nasdaq OMX profit drops as market share erodes

Nasdaq OMX profit drops as market share erodes

Reuters - ‎4 hours ago‎

The Nasdaq Stock Market parent said revenue from US cash equity trading declined 6 percent, reflecting a deterioration in market share amid a bruising ...

Representatives From the Jazz Foundation to Ring the NASDAQ Stock ... Stockhouse

NASDAQ OMX Announces First Quarter 2009 Results MarketWatch (press release)

Nasdaq Eyes New Pricing, Clearing As 1Q Profit Falls 22%>NDAQ Wall Street Journal

GE launches $6B health care initiative

GE launches $6B health care initiative

Bizjournals.com - ‎1 hour ago‎

Building on its 4-year-old environmental effort, ecomagination, General Electric Co. is launching a $6 billion health care initiative focused on improving health care for more people at reduced cost.

GE to invest $6 bln by 2015 in healthcare push Reuters

GE Plans a Big Health-Care Push BusinessWeek

iHealthBeat - The Associated Press - BNET

Reasurys Extend Losses After Lousy 30-Year Auction

Reasurys Extend Losses After Lousy 30-Year Auction

Wall Street Journal - ‎1 hour ago‎

(Update to add details of the 30-year auction; intraday 10-year, 30-year Treasury yields; new comments; German, UK bond yields and decisions from ECB and BOE.

Treasuries Tumble as Bond Sale Draws Higher-Than-Forecast Yield Bloomberg

Diving deeper as 30-yr flops, joblessness eases guardian.co.uk

Los Angeles Times - Seeking Alpha - Briefing.com - Renal and Urology News

Technology Stocks Pull Down Overall Market

Technology Stocks Pull Down Overall Market

New York Times - ‎2 hours ago‎

By JACK HEALY and BETTINA WASSENER While waiting for e the government to announce the results of its stress tests of major banks, Wall Street already seems to be looking ahead to the next potential source of market turmoil: Have prices of technology ...

Say Goodbye To GM Forbes

US STOCKS OUTLOOK: Still Waiting For Stock Picking Wall Street Journal

guardian.co.uk - BloggingStocks - Washington Post

Ernings roundup: General Motors, Cablevision

Ernings roundup: General Motors, Cablevision

Forbes - ‎1 hour ago‎

AP , 05.07.09, 02:55 PM EDT DETROIT (AP) - General Motors Corp. ( GM - news - people ) lost $6 billion in the first quarter and its revenue fell by nearly half as car buyers worldwide steered clear of showrooms out of fear that the wounded auto giant ...

GM 1Q Loss $6B; Spent $10.2B More Than It Brought In Wall Street Journal

GM Loss Widens to $5.98 Billion as Bankruptcy Deadline Nears Bloomberg

The Associated Press - New York Times - TheStreet.com

Cisco Plans to Be 'Aggressive' in Acquisitions as Sales Slide

Cisco Plans to Be 'Aggressive' in Acquisitions as Sales Slide

Bloomberg - ‎1 hour ago‎

By Rochelle Garner May 7 (Bloomberg) -- Cisco Systems Inc., facing a slump in orders from corporate customers and phone companies, will be “aggressive” in making acquisitions to fuel growth, Chief Executive Officer John Chambers said.

Cisco shares dip despite stabilization hopes Reuters

Cisco Up Premarket; CEO Expresses Optimism For Future >CSCO Wall Street Journal

InternetNews.com - Barron's Blogs - Bizjournals.com

Wal-Mart's Move To Drop Sales Reports Has Broad Ramifications

Wal-Mart's Move To Drop Sales Reports Has Broad Ramifications

Wall Street Journal - ‎1 hour ago‎

By Karen Talley Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--With Wal-Mart Stores Inc. (WMT) dropping monthly same-store-sales reports, investors are losing a valuable barometer and may also expect other retailers to follow suit in what could be a sea ...

Retail discounter shares up on sales report Forbes

A little less gloom at the store CNNMoney.com

New York Times - Bloomberg - Washington Post

Trichet Drags ECB Into New Era Over Weber's Bond Objections

Trichet Drags ECB Into New Era Over Weber's Bond Objections

Bloomberg - ‎59 minutes ago‎

By Matthew Brockett May 7 (Bloomberg) -- Jean-Claude Trichet has dragged the European Central Bank into a new era by pursuing direct asset purchases over the objections of Germany's Bundesbank.

FOREX-Less-aggressive ECB lifts euro to one-month high Reuters

ECB Plans Give Riskier Currencies a Jolt Wall Street Journal

Forbes - Bloomberg - Wall Street Journal - Reuters

Sirius XM loses subscribers, stock falls

Sirius XM loses subscribers, stock falls 

Reuters - ‎38 minutes ago‎By Franklin Paul NEW YORK, May 7 (Reuters) - Sirius XM Radio Inc (SIRI.O) lost more subscribers to its satellite radio service than expected in the first quarter due to weak car sales, overshadowing a rosy outlook driven by cost cuts and sending its ...

Sirius Gets Run Over Forbes

Sirius XM: More Cash, Fewer Customers BusinessWeek

Motley Fool - The Business Insider - Washington Post

General elections in India raising employment prospects

General elections in India raising employment prospects

- ANI - Sun 03 May, 10:31 AM

After a long spell of gloom on the tourism-based business in Rajasthan, the employment prospects are again gearing...

Key Asian nations finalise details on crisis funds

Key Asian nations finalise details on crisis funds

- Reuters - Sun 03 May, 11:00 AM

NUSA DUA, Indonesia (Reuters) - Japan, China and South Korea finalised details of an emergency $120 billion liquidity fund for 13 Asian nations on Sunday, a key regional initiative to counter the global economic.