Business - Latest News

These are the latest Business stories added to our newspaper. They're sorted in descending order with the newest story at the top.

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Wells Fargo (NYSE:WFC) Goes Long On Brokering Stocks Friday 05th of February 2010 12:03:21 PM NEW YORK CITY, NY., Feb. 5 (TOTI) -- Wells Fargo (NYSE:WFC) is another one of those companies that were refer to as a 'bank' that has its tentacles into many more pies than just traditional banking. Now the company plans on making its' brokerage much bigger in a hurry. A rep for the company told Reuters that WFC would hire 1,400 people this year in... Read more	Ford (NYSE:F) Ready To Capitalize On Toyota Missteps Thursday 04th of February 2010 12:35:02 PM DETROIT, MI., Feb. 4 (TOTI) -- Is Ford Motor (NYSE:F) ready to capitalize on the recent problems that are affecting Toyota Motor company? Signs are they could be in great shape to take market share from Toyota and move ahead in the minds of American consumers. Ford and GM are both offering $1,000 incentives to Toyota owners who want to trade in the... Read more
Toyota Prius Recall Thursday 04th of February 2010 11:39:31 AM Although an official recall of Toyota's popular hybrid vehicle the Prius hasn't been announced, safety regulators in Washington announced they were opening an investigation into braking problems that have been reported by consumers. Toyota said they knew there were problems with the car's anti-lock braking system and said that a recall of their 2010 model year Pri... Read more	United Microelectronics Corp. (UMC) Earnings Surge Wednesday 03rd of February 2010 08:39:47 AM NEW YORK CITY, NY., Feb. 3 (TOTI) -- In another sign that technology spending is on the rise, United Microelectronics Corp.(NYSE:UMC) has reported a swing to fourth quarter profitability. The Taiwanese chip maker had been down, along with the rest of the industry, as sales of tech products slumped. Now there appears to be light at the end of that... Read more
Citigroup Inc (NYSE:C) Focuses Strategy For Comeback Tuesday 02nd of February 2010 08:22:00 AM NEW YORK CITY, NY., Feb. 2 (TOTI) -- Citigroup Inc. (NYSE:C) is on track to make good on promises the company has made to relieve itself of non-core assets and focus the company on profitable areas. As C sells off assets, the New York based banking giant will repay debt. Next up on the block for Citigroup are its private equity, real estate and hed... Read more	Ford Motor Stock (NYSE:F): Let's Look At The Positive Signs Tuesday 02nd of February 2010 06:57:17 AM DETROIT, MI., Feb.2 (TOTI) -- Ford Motor Company (NYSE:F) is a company that investors should not ignore. The company is making serious inroads into profitability that will allow for a positive return on investments if sustained. Investors make their money when stock prices go up. Stock prices go up when companies consistently earn money. Are we at a point wher... Read more
Citigroup (NYSE:C) Stock: Citigroup Focuses Portfolio Thursday 28th of January 2010 09:16:20 AM NEW YORK CITY, NY., Jan. 28 (TOTI) -- Citigroup Inc. (NYSE:C) is making inroads to improving their overall asset mix. One such example is the company is actively seeking to dump its $13 billion commercial real estate portfolio in order to to focus on core businesses such as retail banking and investment banking. For C, the real money will be made on tra... Read more	Ford Stock - All Ye Rejoice For Ford Has Profitted Thursday 28th of January 2010 08:18:35 AM DETROIT, MI., Jan. 28 (TOTI) -- Ford Motor Company (NYSE:F) made $2.7 billion in profit for 2009 and plans on being profitable again in 2010. To know how far Ford has come in a short time, you have to remember just how bad things were. In 2008, just a year before the current results, the company lost a staggering $14.8 billion. Now, they've eras... Read more
Nokia Earnings Surprise - 65% Increase Thursday 28th of January 2010 08:05:51 AM NEW YORK CITY, NY., Jan. 28 (TOTI) -- Nokia Corp (NYSE:NOK) topped analyst's expectations and delivered a 65% increase in net earnings. Nokia earned $1.33 billion for the quarter ended 12/31/2009. The Espoo, Finland manufacturer of cell phones also announced a 12%-14% operating margin. Overall, NOK said handset volume was flat. Th... Read more	Nokia Corp Stock (NYSE:NOK): Nokia Earnings Likely Down Wednesday 27th of January 2010 07:45:39 AM NEW YORK CITY, NY., Jan. 27 (TOTI) -- Nokia Corp (NYSE:NOK) will be announcing earnings tomorrow on January 28, 2010 and already the predictions are coming in about what the quarter will bring. Nokia, which remains the world's biggest handset manufacturer has a few areas of great challenge and a few areas of great opportunity. The ... Read more
Ford Motor (NYSE:F) Stock News: Ford Comeback Underway Tuesday 26th of January 2010 09:42:49 AM DETROIT, MI., Jan. 26 (TOTI) -- The comeback at Ford Motor Company (NYSE:F) seems to be picking up steam. The company has announced several tidbits of upbeat news and has also released operational news that indicates sales have picked up for the company and earnings will be getting fatter as the months progress. One example of good news comes for t... Read more	Citigroup Stock News - (NYSE:C) C Ready For Rebound Monday 25th of January 2010 07:10:23 AM NEW YORK CITY, NY., Jan. 25 (TOTI) -- Citigroup Inc. (NYSE:C) announced it lost $7.6 billion in its last quarter, yet all the news coming out of the New York City based firm was not bad. A large portion of the loss came from C's efforts to repay the federal government for bailout money received in 2008. That's a good sign that things are improving at the company... Read more
General Electric Stock (NYSE:GE) - GE Up Slightly Despite Lower Earnings Friday 22nd of January 2010 10:37:57 AM NEW YORK CITY, NY., Jan. 22 (TOTI) -- General Electric Co. (NYSE:GE) stock is up 2.38% in early trading, despite the news the company slumped 19% in earnings. The loss, which was expected, came mostly from the GE Capital division. GE Capital, like all major lenders to business and consumers has had to content with lower operating margins and higher loan losses. Read more	Berkshire Hathaway Class B (NYSE:BRK-B) Flying Off Shelves Friday 22nd of January 2010 08:48:36 AM NEW YORK CITY, NY., Jan. 22 (TOTI) -- After a 50-1 to split, shares of Warren Buffett's famed Berkshite Hathaway Class B (NYSE: BRK-B) stock are selling fast. For years Buffett didn't split his stock, causing the price to be enormous compared to other shares on Wall Street. This limited the ability for small investors to purchase shares, and join... Read more
Nokia Stock - (NYSE:NOK) - Smartphone Troubles But Market Share Prowess Thursday 21st of January 2010 08:25:51 AM LOS ANGELES, CA., Jan. 21 (TOTI) -- Nokia is stumbling a bit these days in the smartphone market, although the company still has a large number of operating advantages. Nokia (NYSE:NOK) has seen its Symbian mobile operating system come under attack from Google's Android O/S as well as from Apple and Research in Motion in recent years. All of that i... Read more	Citigroup Stock News - (NYSE:C) C Crumbles As Investor Fear Rises Thursday 21st of January 2010 06:59:21 AM NEW YORK CITY, NY., Jan. 21 (TOTI) -- Citigroup Inc (NYSE:C) released earnings this week that were, ahem, less than stellar. The news was expected by most analysts. That doesn't mean that investors are happy about seeing the company's troubles in black and white, though. The bad news out of Citigroup and rival Bank of America helped push down th... Read more
Cisco Stock News - (NASDAQ:CSCO) Picking Stock Winners Wednesday 20th of January 2010 10:59:21 AM LOS ANGELES, CA., Jan. 20 (TOTI) -- Cisco Systems Inc. (NASDAQ:CSCO) is one company that owes a lot of its success to its investments in other businesses. Over the years, Cisco has become very adept at finding good acquisition targets. The company is picky, only investing Read more	General Electric Stock News (NYSE:GE) - Poised For A Comeback Wednesday 20th of January 2010 08:38:15 AM NEW YORK CITY, NY., Jan. 20 (TOTI) -- General Electric Co. (NYSE:GE) is one American business that's been around the block more than a few times. The company has seen its share of ups and downs and so have the investors who have tenaciously held their shares. Right now, GE appears to be stabilizing from an operational standpoint, and the stock pric... Read more
Las Vegas Sands Stock News - (NYSE:LVS) - Not Bad, Not Bad Wednesday 20th of January 2010 08:26:28 AM LAS VEGAS, NV., Jan. 20 (TOTI) -- If you're an investor in Las Vegas Sands (NYSE:LVS) you have to be fairly happy about your stock these days. Shares of LVS closed yesterday's trading at $18.62 a share. That's a very decent trend for people who have been holding LVS for the last several months. Shares are appreciating rapidly now... Read more	Google Stock News - (NASDAQ:GOOG) China And Search Engine Market Share News Tuesday 19th of January 2010 01:09:27 PM MOUNTAIN VALLEY, CA., Jan. 19 (TOTI) -- Google shares have remained relatively flat in the past week as the company took a spat with China public and threatened to leave the country. Shares of Google (NASDAQ:GOOG) are currently trading for $587.03, well within their normal range. So far, there appears to be no affect on the stock, despite Google ... Read more