Thomson Reuters posts drop in 3Q earnings AP (November 05, 2009) NEW YORK (AP) - News and information provider Thomson Reuters Corp. said Thursday its third-quarter net income tumbled 60 percent from a year ago, as revenue in its legal and market divisions fell.
Ahead of the Bell: Sanmina rises on demand outlook AP (November 05, 2009) NEW YORK (AP) - Shares of Sanmina-SCI Corp. rose in Thursday, after the electronics services company said demand was increasing and issued an upbeat outlook.
Ahead of the Bell: ISM service sector index AP (November 04, 2009) NEW YORK (AP) - A trade group's measure of the health of the U.S. service sector likely rose for a second straight month in October as consumer spending ticks higher, a crucial ingredient for a strong rebound from the recession.
InfoGroup holds annual meeting in Papillion, Neb. AP (October 29, 2009) PAPILLION, Neb. (AP) - Database provider InfoGroup Inc. plans to welcome shareholders to one of its suburban Omaha offices in Papillion for its annual meeting.
Waste Management 3rd-quarter profit sinks AP (October 29, 2009) (AP) - Waste Management Inc., the nation's largest trash hauler, said Thursday that third-quarter profit sank, despite rising prices for recycled commodities and cost-cutting.
American Airlines will close KC base AP (October 28, 2009) DALLAS (AP) - American Airlines says it will close a Kansas City, Mo., maintenance base next September because reduced flying means less need for such facilities.
Enterprise Products 3Q profit rises on volume AP (October 28, 2009) HOUSTON (AP) - Pipeline operator Enterprise Products Partners LP said Wednesday volume growth and strong natural gas processing margins helped boost earnings 4.8 percent in the third quarter.
Capella 3Q profit rises as enrollments accelerate AP (October 27, 2009) MINNEAPOLIS (AP) - For-profit education provider Capella Education Co. said on Tuesday that accelerating enrollment in its online degree programs drove profit up more than 69 percent in the third quarter.
ING to split itself, issue $11.3B of shares AP (October 26, 2009) AMSTERDAM (AP) - European services giant ING Groep NV said Monday it will split itself in two, spinning off its insurance arm to simplify its business and issuing euro7.5 billion ($11.3 billion) in new shares to repay state bailout money.
Ingersoll-Rand 3Q profit falls 5 pct AP (October 23, 2009) SWORDS, Ireland (AP) - Ingersoll-Rand PLC reported its third-quarter earnings slipped 5 percent as revenue tumbled 19 percent amid weak economic conditions that have depressed demand for its products and services that range from air conditioning to electronic security systems.
Law firms pay new hires to work for public good AP (October 23, 2009) WASHINGTON (AP) - If things had gone according to plan, Lindsay Murphy would be a big-city tax lawyer by now. Instead, the recent law school graduate found herself doing legal aid, listening to complaints about raw sewage bubbling up into the bathtubs of a Mississippi Delta housing project.
Schlumberger 3Q tumbles; sees modest recovery AP (October 23, 2009) NEW YORK (AP) - Schlumberger said Friday that it expects energy demand will increase, but slowly, as countries slowly recover from a recession that slashed its third-quarter profits by 48 percent.
Sarkozy's son wins board post after scandal AP (October 23, 2009) PARIS (AP) - President Nicolas Sarkozy's son was elected to the board of the organization that runs France's most important business district on Friday after a dramatic withdrawal of his bid for the top spot amid fierce assusations of favoritism.
Judge tosses lawsuits against Blackwater, now Xe AP (October 22, 2009) WASHINGTON (AP) - A federal judge on Wednesday tossed out a series of lawsuits filed by alleged Iraqi victims of the contractor once known as Blackwater USA, but is allowing the plaintiffs to refile their claims.
ITT Educational 3Q profit up on higher enrollment AP (October 22, 2009) CARMEL, Ind. (AP) - ITT Educational Services Inc. said on Thursday that a big jump in new students helped propel net income up 50 percent in the third quarter, but shares tumbled as its bad-debt expenses grew.
Xerox posts drop in 3Q earnings AP (October 22, 2009) NORWALK, Conn. (AP) - Xerox Corp. reported a 52 percent drop in its third-quarter profit Thursday as companies continue to spend cautiously on printer and copier supplies and take longer to upgrade office equipment.
EMC net falls but co. sees better storage spending AP (October 22, 2009) SAN FRANCISCO (AP) - EMC Corp. said Thursday its profit fell 24 percent and sales dropped 5 percent in the latest quarter as corporations spent less on data storage.
Adecco to buy Florida-based MPS Group for $1.17B AP (October 20, 2009) ZURICH (AP) - Staffing firm Adecco SA said Tuesday it has offered $1.17 billion to buy Florida-based MPS Group Inc., one of the largest U.S. temporary staffers, and expects to seal the acquisition early next year.
Weatherford International 3Q profit drops 79 pct AP (October 19, 2009) NEW YORK (AP) - Weatherford International Ltd. on Monday said weakened demand for North American drilling slashed its third-quarter profits by 79 percent, but an uptick in international revenue helped soften the blow.