James Hardie expects weak U.S., Australian housing
May 21, 2012
Fault lines in the basic insurance system appear not only in the disparities of coverage for those in the cities and the countryside, but also in how health care institutions deal with the chronically ill, Caixin Online reports.
Perks Remain for CEOs
May 21, 2012
As shareholders scrutinize links between executive pay and corporate performance, many companies continue to quietly shower chief executives with benefits such as corporate-jet use, event tickets and chauffeurs.
Obama to talk Afghanistan at NATO summit
May 20, 2012
President to press Afghan leader Karzai on security, Taliban settlement at Chicago meeting.
Google wins China clearance For Motorola deal
May 20, 2012
(Adds background from the fifth paragraph onwards.) SAN FRANCISCO -(MarketWatch)- Google Inc. GOOG said Saturday Chinese antitrust authorities have cleared the Internet giant's purchase of Motorola Mobility Holdings Inc. MMI, pushing the $12.5 billion deal over its last regulatory hurdle. Google, a Silicon Valley giant that built its business on Web services, stunned the tech industry last August with its announcement it would buy Motorola, a much older, Illinois-based company that specializes in mobile devices and other hardware.
After the worst week of the year for U.S. stocks, investors will be looking for signs of whether the U.S. economy can continue to recover in the face of ongoing uncertainty about Greece, Spain and global growth prospects.
CoSine Communications, Inc. Announces Financial Results for the Quarter Ended March 31, 2012
May 18, 2012
LOS GATOS, Calif., May 18, 2012 /PRNewswire/ -- CoSine Communications, Inc. (COSN.PK), today announced net loss of $170,000 or $(0.02) loss per share for the quarter ended March 31, 2012 as compared to net loss of $310,000 or $(0.03) per share for the quarter ended March 31, 2011....
Market Snapshot: Dow, S&P drop for 3rd straight week
May 18, 2012
U.S. stocks chalk up another weekly loss following Facebook Inc.’s less-than-hyped debut on Wall Street Friday and amid concerns about global growth and Greece’s potential exit from the euro.
Helped by industrywide demand for lightweight shoes and footwear in bright hues from coral to turquoise, Famous Footwear chain parent Brown Shoe Co. and athletic-gear retailer Foot Locker Inc. both surged after each reporting first-quarter upsides.
Facebook’s IPO was not the soaring, monster debut many expected. But the deal was mostly good for Facebook, which didn’t leave a lot of money on the table. Will the company keep its focus on technology, or the market?
