Warren Buffett“A public opinion poll is no substitute for thought.”
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Hyundai targets 4.5 percent rise in U.S. market share »
Hyundai targets 4.5 percent rise in U.S. market share
ORLANDO, Florida (Reuters) -
005380.KS
) aims to increase its share of the U.S. market to 4.5 percent this year from 4.2 percent in 2009, helped by popular new product launches and aggressive marketing.
South Korea’s Hyundai, the only major automaker to increase sales in the [...]
Nikkei rises 0.5 percent on hopes of Greece aid plan (Reuters) »
TOKYO (Reuters) –
Japan's Nikkei average rose 0.5 percent on Wednesday, with blue-chip shares that had been sold off on concerns about fiscal stability in
.
Toyota Motor rose, with some market players saying its share price may have bottomed and despite a new recall of Camry sedans for steering problems but
slipped on plans to [...]
Borders shares soar 38 percent after Ackman comments »
NEW YORK (Reuters) – Borders Group Inc shares spiked nearly 40 percent on Wednesday after its largest investor, William Ackman, said there was little likelihood the struggling bookseller would file for bankruptcy and it could even be part of an industry consolidation.
Borders shares rose 36 cents to $1.30 in trading on the New York [...]
Exxon quarterly profit tops Street, stock up 3 percent »
Exxon quarterly profit tops Street, stock up 3 percent
HOUSTON (Reuters) – Exxon Mobil Corp reported a fourth-quarter profit on Monday that topped Wall Street expectations as natural gas projects boosted results at the largest U.S. oil company’s exploration arm.
Still, Exxon’s net income fell 23 percent as weak demand for fuel in the global [...]
China may raise rates when CPI above 2.25 percent: adviser »
China may raise rates when CPI above 2.25 percent: adviser
SHANGHAI (Reuters) – China might increase interest rates once consumer inflation exceeds the one-year benchmark deposit rate of 2.25 percent, a prominent government adviser said on Monday.
Policymakers have traditionally been nervous whenever inflation-adjusted bank deposit rates turn negative in case savers pull their money [...]
Economy soars 5.7 percent, fastest in 6 years »
Economy soars 5.7 percent, fastest in 6 years
WASHINGTON (Reuters) – The economy grew at its fastest pace in more than six years in the fourth quarter, surprising economists, as businesses curbed their aggressive cut in stocks and stepped up spending.
The robust growth pointed to a sustainable recovery in a crucial period before government [...]
U.S. retail industry sales seen up 2.5 percent for 2010 »
U.S. retail industry sales seen up 2.5 percent for 2010
SAN FRANCISCO (Reuters) – U.S. retail sales should rise 2.5 percent this year, signaling that store chains have made it through the worst of the downturn as improvements in the housing and job markets bolster shoppers’ confidence, a trade group forecast on Tuesday.
The 2010 [...]
Qatar economy grew 11 percent in 2009: deputy PM »
DUBAI (Reuters) – Qatar’s economy grew 11 percent in 2009, mainly due its natural gas sector, Deputy Prime Minister Abdullah bin Hamad al-Attiyah was quoted as saying on Sunday.
Qatar, the world’s largest natural gas exporter, is set to outperform key players in the world’s top oil producing region — Saudi Arabia and the United [...]
China’s 2009 revenues up 11.7 percent, above target »
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Indian stocks close down 0.71 percent (AFP) »
MUMBAI (AFP) –
Indian stocks fell 0.71 percent on Monday, their third straight day of losses, on growing concerns that the central bank could raise interest rates soon to tackle rising inflation, dealers said.
The 30-share benchmark Sensex ended the day 118.63 points lower at 16,601.2.
Rate-sensitive auto, property and metal stocks fell as overseas funds [...]