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Medtronic to Seek ‘Opportunistic’ Deals, CEO Says
Sept. 3 (Bloomberg) -- Medtronic Inc., the worlds largest heart-device maker, will be opportunistic in seeking acquisitions of as much as $1 billion to restore sales growth, Chairman and Chief Executive Officer Bill Hawkins said. The company, based in
Medtronic to Seek ‘Opportunistic’ Deals, CEO Says
Sept. 3 (Bloomberg) -- Medtronic Inc., the worlds largest heart-device maker, will be opportunistic in seeking acquisitions of as much as $1 billion to restore sales growth, Chairman and Chief Executive Officer Bill Hawkins said. The company, based in
H&R Block Climbs as CEO Says Mortgage Claims ‘Better’
Sept. 3 (Bloomberg) -- H&R Block Inc., the tax preparer whose stock slid 18 percent last month, told investors to ignore speculation that it faces a surge in costs tied to its defunct mortgage business. The shares rose the most in more than a year.
Stosur charges into US Open fourth round
All power and aggression, Australian tennis ace Samantha Stosur has muscled her way into the US Open fourth round with her most impressive display yet in New York. The French Open runner-up smacked 37 winners and landed seven aces to outclass Italian
H&R Block Climbs as CEO Says Mortgage Claims ‘Better’
Sept. 3 (Bloomberg) -- H&R Block Inc., the tax preparer whose stock slid 18 percent last month, told investors to ignore speculation that it faces a surge in costs tied to its defunct mortgage business. The shares rose the most in more than a year.
Fastest growing jobs in America
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Dollar Slides After Jobs Report Tops Forecast
The dollar slid Friday after a government report on jobs was not as bad as many market watchers had feared, helping assuage fears of another downturn in the U.S. The better-than-expected jobs report helped boost traders' taste for riskier currencies. The
JPMorgan CEO Dimon Cuts Chicago Mansion’s Price Again
Sept. 3 (Bloomberg) -- Jamie Dimon, chairman and chief executive officer of JPMorgan Chase &Co., sliced about $2.6 million off the asking price of his Chicago mansion. The Gold Coast neighborhood property is now listed for $6.95 million, according to
JPMorgan CEO Dimon Cuts Chicago Mansion’s Price Again
Sept. 3 (Bloomberg) -- Jamie Dimon, chairman and chief executive officer of JPMorgan Chase &Co., sliced about $2.6 million off the asking price of his Chicago mansion. The Gold Coast neighborhood property is now listed for $6.95 million, according to
Petrobras prepares to raise R$55bn
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Strength in temporary jobs a welcome sign
NEW YORK - One of the strongest signs yet that the U.S. jobs picture is brightening is the persistent rise in temporary employment. This leading indicator of future U.S. employment growth is suggesting stronger hiring ahead, and staffing industry
Asahi Kasei's Contact Lens Unit To End R&D, Sales Ops
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Audio slideshow: The City's changing skyline
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Petrobras to Sell $65 Billion Stock in Record Offer
RIO DE JANEIRO (Reuters) - Brazilian state oil company Petrobras on Friday filed to sell up to $64.5 billion of new stock -- the largest in capital markets history -- sending its stock sharply higher after months of uncertainty that dragged on its share
Payrolls Data Offer Ray of Hope for Recovery
WASHINGTON (Reuters) - U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth. Nonfarm payrolls fell
Students set fire to friend
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Beijing eyes counterbid for PotashCorp
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Beijing eyes counterbid for PotashCorp
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Jobs pressure helps business and bombers
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US jobs data allay double dip concerns
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Italy needs change says CIR chief
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Payrolls data offer ray of hope for recovery
Nonfarm payrolls fell 54,000, the Labor Department said on Friday, helping assuage fears of a double-dip recession in financial markets that had looked for a drop of 100,000 jobs. However, the data did little to take the political heat off President
British police quiz Pakistan trio in probe
British police on Friday questioned the three Pakistani cricketers embroiled in fixing claims, as the sport's governing body insisted the case was not the tip of a corruption iceberg in the game. Bowlers Mohammad Aamer and Mohammad Asif and Test captain
Medtronic Will Be ‘Opportunistic’ in Seeking Deals, CEO Says
Medtronic Inc., the world’s largest device maker, will be “opportunistic” in seeking acquisitions of $1 billion or less and won’t rule out larger deals if they make “strategic sense,” Chief Executive Officer Bill Hawkins said.
Wall Street gains after jobs report offers hope
NEW YORK Stocks are on pace to break a three-week losing streak after an encouraging employment report lifted hopes about the pace of economic growth. The Dow Jones industrial average added more than 70 points in midday trading Friday. Broader indexes
7.2 earthquake hits New Zealand
AFP A strong 7.2 magnitude earthquake has hit the South Island of New Zealand, according to the US Geological Survey. The quake struck at a depth of 16.1km about 30km from the island's largest city of Christchurch at 04:05am (0235 AEST) on Saturday, the
Wall St Climbs as Jobs Data Spurs Risk Appetite
NEW YORK (Reuters) - Wall Street was set to close out its best week in six on Friday after recent economic data, including a stronger-than-expected jobs report, showed the U.S. economy may be in better shape than thought. The risk aversion of the summer
Private Hiring Surprises With 67,000 New Jobs
WASHINGTON (Reuters) - U.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth. Nonfarm payrolls
Petrobras to sell $65 billion stock in record offer
RIO DE JANEIRO (Reuters) - Brazilian state oil company Petrobras on Friday filed to sell up to $64.5 billion of new stock -- the largest in capital markets history -- sending its stock sharply higher after months of uncertainty that dragged on its share
Dollar Slips on US Jobs Report
The U.S. dollar fell against a basket of currencies on Friday after a surprisingly strong U.S. jobs report eased worries about the outlook for the economy and boosted appetite for riskier assets. The safe-haven yen and Swiss franc weakened broadly, while
