US stocks pushed higher by oil, metal gains
New York - US stocks posted modest gains Tuesday amid a rise in commodity prices, continuing to push major indices to their highest levels in 13 months. Crude oil climbed 0.3 per cent and metals like gold and copper rose, spurring gains in many commo...
[Posted on :
2009-11-17 ] Category : [
US (Business) ]
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Geithner: US needs to lead international reforms
Washington - Treasury Secretary Timothy Geithner pressed Congress Tuesday to agree quickly on an overhaul of financial regulation that would allow the US to spur a wider international reform effort. In wide-ranging testimony before Congress, Geithner...
[Posted on :
2009-11-17 ] Category : [
US (Business) ]
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US stocks surge on retail sales, GM, Bernanke comments
New York - US stocks rose Monday to 13-month highs after reports of improving retail sales, a better-than-expected General Motors quarterly report and Federal Reserve Chairman Ben Bernanke's hopes for growth in 2010. Retail sales climbed 1.4 per cent...
[Posted on :
2009-11-16 ] Category : [
US (Business) ]
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Cisco raises Tandberg offer to 3.41 billion dollars
San Francisco - Networking giant Cisco Systems on Monday raised its offer to buy Norwegian video communications Tandberg by 11 per cent - to 3.41 billion dollars - after the company's previous bid failed to win sufficient support from Tandberg shareh...
[Posted on :
2009-11-16 ] Category : [
US (Business) ]
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GM posts 1.2-billion-dollar Q3 loss - 3rd Update
New York - US automotive giant General Motors Co reported Monday it lost 1.2 billion dollars in the third quarter of 2009, beating analysts' expectations and saying the company now had a solid foundation for its restructuring effort. In its first f...
[Posted on :
2009-11-16 ] Category : [
US (Business) ]
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GM posts 1.2-billion-dollar Q3 loss - 2nd Update
New York - US automotive giant General Motors Co reported Monday it lost 1.2 billion dollars in the third quarter of 2009, beating analysts' expectations and saying the company now had a solid foundation for its restructuring effort. In its first f...
[Posted on :
2009-11-16 ] Category : [
US (Business) ]
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GM surprises markets with lower red-ink result - Update
New York - US automotive giant General Motors reported Monday it lost 1.2 billion dollars in the third quarter of 2009, beating analysts' expectations. The company, reorganizing after its bankruptcy amid the economic crisis, said the losses came as m...
[Posted on :
2009-11-16 ] Category : [
US (Business) ]
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