News about 'cuts'

Russia wary of deeper nuclear arms cuts

Russia wary of deeper nuclear arms cuts

May 23rd, 2013 - 16:30h (CET +01.00)

MOSCOW (AP) - Russia's top military officer on Thursday voiced skepticism about deeper nuclear arms cuts, saying they should require parallel reductions in non-nuclear precision weapons. (Source: Associated Press)... [Full Article]

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Wall Street cuts gains as Bernanke speaks

Wall Street cuts gains as Bernanke speaks

May 22nd, 2013 - 17:00h (CET +01.00)

NEW YORK (Reuters) - Stocks sharply cut gains after climbing as much as 1 percent earlier as investors parsed comments from Federal Reserve Chairman Ben Bernanke, who was speaking before Congress. The Dow Jones industrial average gained 69.11 points,... [Full Article]

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Target cuts full-year forecast after weak first quarter

Target cuts full-year forecast after weak first quarter

May 22nd, 2013 - 14:50h (CET +01.00)

(Reuters) - Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items like clothing. Target warned in April its firs... [Full Article]

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Sony cuts sales target for cameras, smartphones for 2014-15

Sony cuts sales target for cameras, smartphones for 2014-15

May 22nd, 2013 - 08:40h (CET +01.00)

TOKYO (Reuters) - Japan's Sony Corp lowered its sales target for digital cameras to 1.3 trillion yen ($12.7 billion) for the fiscal year to end-March 2015, from a previous estimate of 1.5 trillion yen. Sony also cut its sales target for smartpho... [Full Article]

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S&P cuts Berkshire Hathaway rating by one notch to 'AA'

S&P cuts Berkshire Hathaway rating by one notch to 'AA'

May 16th, 2013 - 15:20h (CET +01.00)

(Reuters) - Credit rating agency Standard & Poor's on Thursday cut its rating on Berkshire Hathaway Inc , the insurance and industrial conglomerate controlled by billionaire investor Warren Buffett, by one notch, citing the company's re... [Full Article]

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Goldman cuts investment fund pledges in half since Dodd-Frank-filings

Goldman cuts investment fund pledges in half since Dodd-Frank-filings

May 9th, 2013 - 19:40h (CET +01.00)

By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc has slashed its capital pledges to investment funds by nearly half since the Volcker rule was signed into law in 2010, as it prepares its principal investment business for restrictio... [Full Article]

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AT&T cuts "Facebook phone" price to 99 cents, weeks after launch

AT&T cuts "Facebook phone" price to 99 cents, weeks after launch

May 9th, 2013 - 16:00h (CET +01.00)

NEW YORK (Reuters) - AT&T Inc has cut the price of the HTC First phone, which is preloaded with Facebook Inc applications, to 99 cents from $99.99 less than a month after the phone's launch. AT&T, the No. 2 U.S. mobile service provider, ... [Full Article]

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S&P cuts Egypt's credit rating further, cites absence of fiscal plan

S&P cuts Egypt's credit rating further, cites absence of fiscal plan

May 9th, 2013 - 15:40h (CET +01.00)

CAIRO (Reuters) - Standard & Poor's cut Egypt's credit rating further into junk territory on Thursday, saying Cairo had yet to come up with a plan to control its finances, leaving the country vulnerable to a balance of payments crisis. ... [Full Article]

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PepsiCo cuts ties with Lil Wayne over crude lyrics

PepsiCo cuts ties with Lil Wayne over crude lyrics

May 4th, 2013 - 01:10h (CET +01.00)

NEW YORK (AP) - PepsiCo is bowing to public pressure for the second time in a week and cutting ties to Lil Wayne over the rapper's crude reference to civil rights martyr Emmett Till in a song. (Source: Associated Press)... [Full Article]

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Pfizer 1Q profit up, but drugmaker cuts outlook

Pfizer 1Q profit up, but drugmaker cuts outlook

Apr 30th, 2013 - 22:10h (CET +01.00)

Pfizer Inc.'s first-quarter net income rose 53 percent despite falling sales, mainly because the world's second-largest drugmaker took big charges a year ago. Pfizer's results fell short of Wall Street's expectations, and the comp... [Full Article]

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