Business News

Saturday, May 17, 2008
 

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  • Posted 2008-04-17
    at 5:04 am EDT

    EBay profit rises 22 percent, but cautious on economy

    SAN FRANCISCO, Apr. 17, 2008 (Reuters) — EBay Inc posted a 22 percent rise in quarterly net profit, topping Wall Street's average estimate, as pricing changes increased online auction listings and pushed revenue above all forecasts. ... > full story
  • Posted 2008-04-17
    at 5:04 am EDT

    France Tel says eyeing TeliaSonera, Telenor

    PARIS, Apr. 17, 2008 (Reuters) — France Telecom is considering a bid for TeliaSonera but is also exploring other options including with Telenor of Norway , its finance director told the Financial Times. ... > full story
  • Posted 2008-04-17
    at 3:04 am EDT

    Roche sales, stock hit by Tamiflu slump

    ZURICH, Apr. 17, 2008 (Reuters) — Roche Holding AG missed forecasts with a meager 2 percent increase in first-quarter sales in local currencies, hit by plunging Tamiflu revenue and a slowing pace of growth for cancer drugs. ... > full story
  • Posted 2008-04-17
    at 3:04 am EDT

    Freddie Mac to announce agreement with lenders: report

    NEW YORK, Apr. 17, 2008 (Reuters) — Freddie Mac is set to unveil a pact with three major lenders on Thursday as it seeks to make more funds available for big home loans, the Wall Street Journal said. ... > full story
  • Posted 2008-04-17
    at 3:04 am EDT

    Samsung boss indicted for tax evasion

    SEOUL, Apr. 17, 2008 (Reuters) — Samsung Group Chairman Lee Kun-hee was indicted on charges of tax evasion and breach of trust on Thursday, but was cleared of a more serious bribery charge after a probe into South Korea's biggest business group. ... > full story
  • Posted 2008-04-17
    at 2:04 am EDT

    Yahoo closer to Google ad outsourcing deal: report

    SAN FRANCISCO, Apr. 17, 2008 (Reuters) — Yahoo Inc is looking to turn over Web search advertising to Google Inc following a successful test using Google's service to deliver ads alongside its Web search results, the Wall Street Journal reported on Wednesday, citing unnamed sources. ... > full story
  • Posted 2008-04-17
    at 1:04 am EDT

    JPMorgan selling $6 billion in preferred shares: report

    NEW YORK, Apr. 17, 2008 (Reuters) — JPMorgan Chase & Co is to sell $6 billion in non-cumulative perpetual preferred shares, according to a report in International Financing Review, a Thomson publication. ... > full story
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