Business News
Analyst Moves: ALTR, UTHR
Forbes - 24 Oct 2012 20:31
Altera (ALTR) had its estimates and price target reduced by BMO (BMO) as the company had been experiencing lower sales. A $38 price target was set with an outperform rating.
Barnes & Noble Stores Have Credit Card Data Breach
The New York Times - 24 Oct 2012 05:27
The breach involved card information for customers at 63 stores, including locations in New York City, San Diego, Miami and Chicago.
Can Energy Drinks Kill? The FDA Investigates, Consumers Worry, A Business Under Fire
Forbes - 24 Oct 2012 23:54
Five deaths may have been caused by Monster energy drink; the FDA investigates and health experts say "we told you so."
Why Facebook Should Buy Groupon
Forbes - 24 Oct 2012 22:02Nike agrees Umbro sale for $225m
BBC - 24 Oct 2012 19:54
Sportswear giant Nike agrees a deal to sell UK sports brand Umbro to US clothing company Iconix Brand Group for $225m.
Watch: Freelance Jobs: How To Make Them Work For You
ABC News - 24 Oct 2012 19:44
Susan Solovic shares her secrets to finding assignments.
How Cell Phone Carriers Stiff Consumers
Forbes - 24 Oct 2012 19:12
Eight ways cell phone carriers are sticking it to consumers.
Facebook 3rd-Quarter Revenue Surpasses Forecasts
The New York Times - 24 Oct 2012 07:43More Than a Case of Jitters as a Shadow Falls on Energy Drinks
The New York Times - 24 Oct 2012 07:40Malaysia's Parkson Group Jumps Into Indonesia's Mall Boom
Forbes - 24 Oct 2012 23:56
Alfred Cheng's Parkson is a new entrant into the retail industry, but he has big goals for his stores in Indonesia.
Punch Taverns: warning of a pub brawl
The Guardian - 24 Oct 2012 23:55
Punch has £2.4bn of securitised borrowings and admits it cannot service those debts indefinitely "In amongst all this complexity there is equity value," said Roger Whiteside, chief executive of Punch Taverns. Really? ...
Forbes Earnings Preview: Life Technologies
Forbes - 24 Oct 2012 23:55
Despite an expected dip in profit, analysts are generally optimistic about Life Technologies (LIFE) as it prepares to reports its third quarter earnings on Monday, October 29, 2012.
Forbes Earnings Preview: Leggett & Platt
Forbes - 24 Oct 2012 23:55
Wall Street is high on Leggett & Platt (LEG), expecting it to report earnings that are up 22.6% from a year ago when it reports its third quarter earnings on Monday, October 29, 2012. The consensus estimate is 38 cents p...
Forbes Earnings Preview: Anadarko Petroleum
Forbes - 24 Oct 2012 23:55
Optimism surrounds Anadarko Petroleum (APC), as it gets ready to report its third quarter results on Monday, October 29, 2012. Analysts are expecting the company to book a profit of 75 cents a share, up from 65 cents a y...
Best Buy Warns On Q3; Wipes Out Layer Of U.S. Management
Forbes - 24 Oct 2012 23:54Flying High: Vikas Oberoi Discusses His Passion For Planes
Forbes - 24 Oct 2012 23:54Infosys Cofounder Nandan Nilekani On His Quest To Create A Billion IDs
Forbes - 24 Oct 2012 23:52Ex-Goldman Director Gets 2 Years In Jail, $5M Fine For Insider Trading Role
Forbes - 24 Oct 2012 23:47Why CEOs are on the 'fiscal cliff' warpath
NBC News - 24 Oct 2012 23:43
More and more CEOs are getting restless and starting to beat the drum about Congress dragging its feet on the nation’s looming budget problem.
Stiglitz: Obama, Romney still need to address housing market
CNBC - 24 Oct 2012 23:43
(Reuters) - Nobel Prize-winning economist Joseph Stiglitz chided U.S. President Barack Obama and Republican presidential candidate Mitt Romney for not seriously addressing the troubled U.S. housing market during the rece...
Remembering the '87 Crash, 4 Investment Myths and 1 Truth
Forbes - 24 Oct 2012 23:39Punch Taverns wakes up to its debt crisis
The Guardian - 24 Oct 2012 23:38
Former stock market darling admits it is staring bankruptcy in the face after sharp dip in beer consumption Punch Taverns, the debt-laden landlord group that owns almost one in 10 British pubs, has finally conceded it wi...