P&G, Colgate top expectations; P&G shares rise

Procter & Gamble Co blew past profit forecasts on Thursday as sales started to rebound, pleasing investors who were eager to see whether the […]

Coke, Pepsi bottlers see sales fall

Coca-Cola Enterprises Inc and PepsiAmericas Inc sold fewer soft drinks in the United States than analysts anticipated, signaling that consumers remain cautious about spending […]

BP profit halves, beats forecasts on cost cuts

BP Plc beat third-quarter earnings forecasts by a big margin in a sign Chief Executive Tony Hayward’s restructuring plans were delivering results, with cost […]

Bank of Japan May Forecast Third Year of Deflation (Correct)

The Bank of Japan will probably forecast this week that deflation will extend into fiscal 2011, an indication that borrowing costs are likely to […]

European Manufacturing, Services Growth Accelerates

Europe’s manufacturing and services industries expanded at the fastest pace in 22 months in October as evidence mounted that the global economy is pulling […]

FDIC Bair: Suspend some Wall St. bonuses

Wall Street firms should consider, at least temporarily, suspending eye-popping bonuses, Federal Deposit Insurance Chairman Sheila Bair said.
“It distresses me,” Bair said, referring to […]

Apple smashes forecasts, stock hits record

Apple Inc’s profits and sales streaked past Wall Street forecasts as iPhone and Mac sales hit quarterly records, sending its shares rocketing to all-time […]

UBS registered mail warns U.S. clients on tax: report

Swiss bank UBS AG warned U.S. customers by registered mail their account details may be given to U.S. tax authorities, a method that could […]

IBM raises full-year outlook, posts higher profit

IBM raised its full-year outlook and reported higher-than-expected quarterly profit on Thursday as its growing focus on higher-margin software and services businesses helped it […]

Calpers probes fees paid in pay-to-play deal

Calpers said it was probing the fees outside money managers had been paying to win business with the largest U.S. pension fund, adding a […]