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US online holiday sales up 15 percent to $24.6B

Newsvine - business  Sun, 12/11/2011 - 13:40

U.S. online sales in the holiday season to date are up 15 percent to $24.6 billion, according to comScore.


 

Prada plans Hong Kong IPO to raise up to $2.6B

Newsvine - business  Mon, 06/06/2011 - 21:22

Italian fashion house Prada plans to raise up to $2.6 billion in a listing on Hong Kong's stock exchange, according to a person familiar with the deal, joining other foreign companies flocking to cash in on China's rising fortunes.


 

Trade surplus narrows by $1.6B

Topix - Business News  Thu, 03/10/2011 - 11:48

Canadian agricultural exports declined 7.2 per cent to $3.2 billion in January, says a Statistics Canada report released Thursday.


 

Pay czar chose not to go after $1.6B in bank pay

Newsvine - business  Fri, 07/23/2010 - 09:00

The Obama administration's pay czar said Friday that he did not try to recoup $1.6 billion in lavish compensation to top executives at bailed-out banks because he thought shaming the banks was punishment enough.


 

CenturyTel to buy Qwest in $10.6B stock swap

Newsvine - business  Thu, 04/22/2010 - 04:30

CenturyTel is buying Qwest Communications in a stock swap worth $10.6 billion, creating a telecommunications giant serving customers in 37 states.


 

SandRidge to buy Arena Resources for $1.6B

Newsvine - business  Sun, 04/04/2010 - 14:52

Oil and gas explorer SandRidge Energy Inc. is buying fellow developer Arena Resources Inc. for $1.6 billion as the continued drop in natural gas prices drives a bigger focus on oil resources, the companies said Sunday.


 

Boeing posts $1.6B loss in 3Q on plane charges

Newsvine - business  Wed, 10/21/2009 - 05:48

Boeing Co. lost $1.6 billion in the third quarter as charges from its delayed 787 and revamped 747 dragged down results.

Those charges also forced the airplane maker to slash this year's profit forecast.


 

JPMorgan earns $3.6B, but loan losses remain high

Newsvine - business  Wed, 10/14/2009 - 05:18

JPMorgan Chase, the first of the big banks to report third-quarter earnings, says its loan losses are still high and are expected to remain that way for the foreseeable future, a troubling sign for the economy.


 

Nomura shares tumble on $5.6B share sale plan

Newsvine - business  Fri, 09/25/2009 - 02:33

Investors unloaded shares of Nomura Holdings Inc. Friday after Japan's leading brokerage announced its biggest ever equity sale.


 

Banks earned $7.6B in 1Q after record loss in 4Q

Newsvine - business  Wed, 05/27/2009 - 08:01

The government says the nation's banks turned a profit in the first quarter, but the number of problem banks jumped to more than 300.