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Business News

Location American Business News for 25 October 2012
The Hershey Company (HSY) announced its quarterly dividend of 42 cents per share, an increase of about 11% over its prior dividend in August of 38 cents. The dividend is payable on December 14, 2012, to stockholders of r...
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How Will Dropbox Manage To Dish Out All The Free Space That Is Promised In The Space Race? They won't. Dropbox doesn't own datacenters for its data, since everything is actually stored on Amazon S3. Because of this, Dropbox only pays for the data that is actually stored on the service, and not the space that i...
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The Full Collection From The Maison Martin Margiela And H&M Collaboration In a little more than two weeks, November 15 to be exact, the highly-anticipated Maison Martin Margiela for H&M collection will hit the stores
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Strikes keep pounding South Africa

BBC - 25 Oct 2012 00:25
Strikes keep pounding South Africa South African economy dented by industrial action
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Game Boy: Billionaire William Ding Lei Has A Few Fantasies Of His Own Chinese billionaire William Ding Lei has a few fantasies of his own.
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With New Tablet, Microsoft Faces a Balancing Act

The New York Times - 25 Oct 2012 23:59
Microsoft, the world’s best-known software company, is set to begin selling a tablet computer on Friday, a move that is ruffling the feathers of its partners.
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Some good news at last for the British economy, but we are still only half way to recovery When in a hole, the first priority is to stop digging. The British economy has at last achieved that, and then gone one better by...
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Stocks Lurch to Small Gains

Wall Street Journal - 25 Oct 2012 23:54
Blue chips ended the day higher after seesawing between gains and losses, as investors tried to decipher middling readings on companies and the U.S. economy.
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SAN FRANCISCO (Reuters) - Apple Inc delivered another quarter of lackluster results and iPad sales fell well short of Wall Street targets, pushing its stock down more than 1 percent.
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Best Buy, Wynn and Zynga are making big moves in the U.S. session, while Apple and Amazon tickers trend on Twitter.
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VIDEO: WPP cuts full-year outlook again

BBC - 25 Oct 2012 23:26
VIDEO: WPP cuts full-year outlook again WPP, the world's largest advertising group, has reduced its full-year outlook for the second time in two months, sending its shares lower.
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VIDEO: UK Ford job losses 'a bad blow'

BBC - 25 Oct 2012 23:21
VIDEO: UK Ford job losses 'a bad blow' Carmaker Ford has announced plans to close two UK plants with the loss of 1,400 jobs.
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New York Times report sales rise

The Guardian - 25 Oct 2012 23:20
New York Times report sales rise Paid-for digital subscriptions reach almost 600,000 but advertising suffers year-on-year declines The New York Times has reported an 11% increase in paid-for digital subscriptions to almost 600,000 in the three months to...
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Easy Money: ecoATMs Are Just the Beginning

ABC News - 25 Oct 2012 23:16
Easy Money: ecoATMs Are Just the Beginning What’s the latest way to turn a quick buck? Try turning over your old mobile phone to an ecoATM, a machine that scans devices ranging from phones to MP3 players to determine their worth and then pays consumers cas...
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The Next Commissioner: Adam Silver Strikes NBA Gold In announcing that Commissioner David Stern would step down on Feb. 1, 2014, the NBA also took the unusual step of naming his successor immediately.
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Amazon reports weak results, shares slip

Reuters - 25 Oct 2012 23:07
SAN FRANCISCO (Reuters) - Amazon.com Inc reported weak quarterly results on Thursday as the world's largest Internet retailer spent heavily and suffered from an economic slowdown in Europe.
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Earnings Watch: Updates, advisories and surprises

Market Watch - 25 Oct 2012 23:01
A roundup of the latest corporate earnings reports and what companies are saying about future quarters.
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NEW YORK (Reuters) - Industrial machinery maker Gardner Denver Inc is exploring a sale and has drawn initial interest from several major private equity firms, according to people familiar with the matter, in a deal that ...
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Daily Wrap: 10/25/2012

Forbes - 25 Oct 2012 22:59
Stocks held onto gains this morning despite a mixed bag of economic reports, but the markets took a downturn on rumors of a U.S. downgrade by rating agency Fitch.
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Slide Show: 8 egregious expense report abuses

Market Watch - 25 Oct 2012 22:59
Lawyers may have a reputation for expensing every last thing, but they’ve got nothing on these politicians and executives.
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Apple Revenue Meets Forecasts, iPad Disappoints

The New York Times - 25 Oct 2012 22:54
The company reported quarterly revenue that met Wall Street expectations even as iPad sales were disappointing.
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Apple Stores Around The World

Forbes - 25 Oct 2012 22:52
Apple Stores Around The World An around the world look at Apple's most noteworthy retail stores.
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