Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
Toyota sees $2 billion hit from recall problems »
TOKYO/WASHINGTON (Reuters) – Toyota Motor Corp expects costs and lost sales from its largest ever safety recall to total $2 billion for the year to March, but raised its outlook after posting its strongest operating profit in six quarters.
Toyota’s recall of more than 8 million vehicles due to problems with unintended acceleration has punished [...]
Yahoo sees possible Q1 revenue growth »
SAN FRANCISCO (Reuters) – Yahoo Inc said revenue could grow for the first time in six quarters in the first three months of 2010, noting that demand for premium display advertising had improved significantly.
The Internet company, whose shares rose 3.2 percent in after-hours trading on Tuesday, gave the forecast after posting fourth-quarter results that [...]
China car sales surpass U.S., Peugeot sees upturn »
China car sales surpass U.S., Peugeot sees upturn
PARIS (Reuters) – China’s auto sales surged past the United States to reach record levels in 2009, industry figures showed on Monday, underscoring China’s importance to the global auto industry as the world’s biggest market.
The figures came as PSA Peugeot Citroen of France said markets were [...]
Risk aversion sees yields ease »
Thu, Dec 17 2009, 15:12 GMT
Global short and long end yields have moved down in
response to another negative episode in the unwinding story surrounding the
state of sovereign finances for Greece. Today S&P made its second 2010
downgrade citing the lack of credible action from the Greek government towards
plugging Europe’s biggest budget deficit. Short [...]
Cadbury sees rival interest as rejects Kraft »
LONDON (Reuters) – Britain’s Cadbury Plc said it has received interest from other bidders after raising its growth targets and reporting upbeat trading as it dismissed a 10 billion pound ($16.5 billion) bid from Kraft Foods.
The Dairy Milk chocolate maker on Monday called Kraft’s bid “wholly inadequate” kicking off a seven-week fight for its [...]
TI sees Q4 earnings at high end but shares fall »
NEW YORK (Reuters) – Texas Instruments Inc said on Tuesday its fourth-quarter earnings and revenue would be at the high end of its target range, but its shares fell almost 2 percent as some investors had higher expectations.
TI said it now expects earnings per share of 47 cents to 51 cents for the current [...]