A board of which some listed companies stock prices are not ...
Feb 2nd, 2012
(Reuters) - A board of which some listed companies stock prices are not shown, is seen at the headquarters of the Tokyo Stock Exchange in Tokyo February 2, 2012. The Tokyo Stock Exchange said on Thursday that a system glitch that hit trading has been fixed and normal trade will resume at 12:30 pm (0330 GMT). The exchange said trade in 241 instruments had been suspended due to the glitch, including shares of Sony Corp, Tokyo Electric Power Co and Hitachi Ltd. REUTERS/Kim Kyung-Hoon (JAPAN - Tags: BUSINESS) -
SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company i... [Full Article]
By Phil Wahba (Reuters) - Macy's Inc reported higher first-quarter profit and sales on Wednesday as it won market share from rival department stores. Its shares were up 2.8 percent to $48.72 in early-afternoon trading, hitting a record high. The retailer, which operates the Macy's and high-end Bloomingdale's chains, said comparable s... [Full Article]
By Dena Aubin NEW YORK (Reuters) - Large U.S. companies boosted their offshore earnings by 15 percent last year to a record $1.9 trillion, avoiding hefty tax bills by keeping the profits abroad, according to a new report. The overseas earnings stockpile has climbed by 70 percent over the past five years, said research firm Audit Analytics. Data in ... [Full Article]
By Leah Schnurr NEW YORK (Reuters) - U.S. stocks continued their climb into uncharted territory on Friday, racking up the fourth week of gains in a row as encouraging economic data prompted investors to pick up shares of growth companies. The Dow and the S&P 500 finished at fresh record highs, driven by gains in energy and industrial shares. Th... [Full Article]