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Updated: 20 weeks 6 days ago
Costco posts higher profit
(Reuters) - Costco Wholesale Corp on Wednesday reported a higher quarterly profit for its holiday quarter, helped by more shoppers coming into its stores and improved sales of discretionary items, like home decor and clothes.
Categories: Finanzas
Nissan to recall 540,000 vehicles globally
TOKYO (Reuters) - Nissan Motor Co , Japan's third-biggest car maker, said it will recall about 540,000 vehicles worldwide due to potential defects in brake pedal pins and fuel-gauge components, mostly in the United States.
Categories: Finanzas
StanChart sees talent fight as FY profit tops $5 billion
LONDON (Reuters) - Standard Chartered said it would pay staff $1.1 billion in bonuses in a "red hot" fight for talent after strong investment banking in its core Asian markets in 2009 helped fuel record profits.
Categories: Finanzas
H&M plans two-for-one stock split
STOCKHOLM (Reuters) - Swedish fashion retailer Hennes & Mauritz AB is planning a two-for-one stock split in response to investor calls to make its shares more tradeable.
Categories: Finanzas
S&P says less pessimistic than markets on Greece
SINGAPORE (Reuters) - Standard & Poor's said on Wednesday that it was "less pessimistic" on Greece than financial markets, after worries over Greece's debt problems led to increased risk aversion in markets in recent weeks.
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China banks absorbed $170 billion FX swaps in '09: report
SHANGHAI (Reuters) - Chinese commercial banks absorbed about $170 billion in foreign exchange from the financial system last year, mainly through yuan-dollar swaps, state media on Wednesday cited a former official as saying.
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Synovus Financial facing informal SEC inquiry: filing
(Reuters) - U.S. southeast regional bank Synovus Financial Corp said it is facing an informal inquiry from the U.S. securities regulator, filings show.
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Fed officials at odds on how long to keep rates low
NEW YORK (Reuters) - Top Federal Reserve officials on Tuesday offered differing messages about the direction of monetary policy, with one flagging the dangers of keeping interest rates too low for too long and another saying the economy was too weak to raise them.
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FDIC's Bair blasts Wall Street's values on pay
WASHINGTON (Reuters) - An outspoken U.S. bank regulator on Tuesday rebuked Wall Street firms for only paring huge bonuses after a public outcry, saying she wished they had a better "propriety compass."
Categories: Finanzas
Judge could tip General Growth future
NEW YORK (Reuters) - The top two U.S. mall owners will square off before a judge on Wednesday to shape the outcome of the largest U.S. real estate bankruptcy ever.
Categories: Finanzas
Hyundai feeds on Toyota woes; GM recalls 1.3 million cars
SEOUL/DETROIT (Reuters) - South Korea's Hyundai Motor Co announced a sharp rise in February sales, benefiting from recall woes at rival Toyota Motor Co, which planned aggressive incentives to win back U.S. customers.
Categories: Finanzas
Allied Irish eyes asset/stake sale to raise capital
DUBLIN (Reuters) - Allied Irish Banks said it would try to sell assets or a stake in the group before approaching shareholders or the government for further capital, after posting its first ever full-year net loss.
Categories: Finanzas
GM triples Opel financing, cuts state aid request
FRANKFURT (Reuters) - General Motors has tripled its funding of European arm Opel and cut its request for state aid in a bid to win over European governments and labor.
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Canon says still short of target in Oce bid
TOKYO/AMSTERDAM (Reuters) - Japan's Canon Inc said it had acquired or been tendered 71 percent of Oce's shares in a takeover bid of the Dutch printer maker that closed Monday, short of its target of 85 percent.
Categories: Finanzas
Sterling under pressure; world stocks rise
LONDON (Reuters) - The pound came under further pressure on Tuesday, battered by political worries and engorged public finances, while global equities stayed relatively buoyant.
Categories: Finanzas
Toyota to announce March incentives in U.S.
DETROIT (Reuters) - Toyota Motor Corp will roll out an aggressive incentive program for U.S. consumers in March, including zero-percent financing for five years and two-year free maintenance, a source briefed on the matter said on Monday.
Categories: Finanzas
U.S. consumer spending up again
NEW YORK (Reuters) - U.S. manufacturing grew in February, though more slowly than expected, while consumer spending rose for a fourth straight month, showing the economy continued a modest recovery.
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Fed's No. 2 to depart
WASHINGTON (Reuters) - Federal Reserve Vice Chairman Donald Kohn, a 40-year veteran of the U.S. central bank, will step down in late June, giving President Barack Obama more scope to reshape the institution.
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Volcker sees no threat to dollar as reserve currency
NEW YORK (Reuters) - Paul Volcker, the former Federal Reserve chairman who is advising the Obama administration, said the U.S. dollar's role as the world's reserve currency is likely not in jeopardy, but warned central bankers to keep a close eye on inflation.
Categories: Finanzas
Prudential confirms to buy AIG Asia for $35.5 billion
LONDON (Reuters) - Britain's Prudential said it would buy AIG's Asian life insurance arm for $35.5 billion, in a deal set to make the insurer the undisputed leader in one of the world's fastest-growing financial services markets.
Categories: Finanzas