The United Kingdom’s gross domestic product in the second quarter of 2012 shrank less than previously estimated, according to newly released data from the Office for National Statistics. The data indicate that U.K. economy…
New data from industry research firm IDC shows that Apple Inc.’s (NASDAQ: AAPL) share of the smartphone market in China fell to 10% — or nearly cut in half — in the second quarter.…
German gross domestic product (GDP) rose 0.3% in the second quarter of 2012, following a 0.5% increase in the previous quarter, according to data from the Federal Statistics Office. This result was in line…
The Markit preliminary composite purchasing managers’ index (PMI) for Germany indicated that private sector output fell at faster rate during August. A renewed contraction in services offset slower drop in manufacturing activity. The index…
nationsonline.orgThe Markit preliminary composite purchasing managers’ index (PMI) for the eurozone indicated that services and manufacturing output in the region contracted for a seventh consecutive month in August. But the pace of decline was marginally…
HSBC’s preliminary or “flash” reading of its China manufacturing Purchasing Managers’ Index (PMI) for August declined to 47.8. That was a nine-month low, as well as a drop from July’s final reading of 49.3.…
Shares of Fifth Third Bancorp (NASDAQ: FITB) opened higher this morning after the company said last night it won Federal Reserve approval for a 25% dividend hike and an expanded, $600 million share buyback…
Union leaders are displeased that President Obama has decided to extend a two-year pay freeze for federal employees until at least next spring because Congress has failed to agree on a budget for the…
CNNMoney is the latest media outlet to acknowledge the fact that trading volume is light. In their estimation, it is at a five-year low. There could be several reasons for this. The most obvious is that…
NokiaNokia Corp. (NYSE: NOK) will release a Microsoft Corp. (NASDAQ: MSFT) Windows Mobile powered phone on the Verizon Communications Inc. (NYSE: VZ) network before the end of the year, according to several rumors. The…
Greek Prime Minister Antonis Samaras says he needs more time to repair the financial and economic damage done to his country, or by his countrymen, over the years since the recession began. For some reason, be…
Japan’s exports plunged in July, the Ministry of Finance said. The nation swung back to a trade deficit. The yen fell following the worse-than-expected report. The trade gap totaled 517.4 billion yen ($6.5 billion),…
The quarterly ExpertRECALL Index released today indicates that more than 123 million medical device units were recalled during the second quarter of 2012, an eight-quarter high. The medical device category includes such products as…
A pickup in sales of digital content and the popularity of the Fifty Shades of Grey series helped Barnes & Noble Inc. (NYSE: BKS) narrow its fiscal first-quarter net loss, boosting shares in early…
Tech Data Corp. (NASDAQ: TECD) reported this morning that its second-quarter earnings came to $0.88 per share on $5.96 billion in revenue. The results were down from $1.10 per share on $6.44 billion in…
Asian stocks were mixed as China moved to alleviate a cash crunch and ahead of U.S. reports that are expected to show the world’s biggest economy is improving. China’s Shanghai Composite Index added 0.5%.…
nationsonline.orgEuropean stocks are up today on the possibility of further monetary stimulus in China boosted investor confidence, and investors await reports that may show the U.S. economy is improving. Prime Minister Jean-Claude Juncker of…
courtesy Barnes & Noble Inc.Barnes & Noble Inc. (NYSE: BKS) announced today that it will be bringing the Nook e-reader and the associated digital bookstore to the United Kingdom this autumn, the Nook’s international…
General Motors Co. (NYSE: GM) will recall more than 249,000 midsize sport utility vehicles to correct a potential fire hazard, according to the National Highway Traffic Safety Administration. In its filing with the U.S.…
Research shows that, following an initial public offering, stocks that have pleasant, easy to pronounce names outperform those with “ugly” names, says Marketwatch. Adam Alter, a professor of marketing and psychology at New York…