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Asia Sales Boost Coca-Cola
Tue, 09 Feb 2010 12:02:32 EST Coca-Cola's fourth-quarter earnings rose 55% to $1.5 billion on prior-year charges as sales volume rose 5%, with particular strength seen in international markets such as India and China.--> McDonald's Sales Rise Abroad Tue, 09 Feb 2010 09:15:46 EST McDonald's recorded a 2.6% rise in January sales, with strength overseas offsetting weakness in the U.S.--> Deal Boosts Carbon Trading in China Tue, 09 Feb 2010 10:15:25 EST Citigroup and OAO Gazprom closed a small but pioneering deal in China that could lay the foundation for a bigger nationwide market in carbon trading.--> China's Auto Sales Rise Sharply Tue, 09 Feb 2010 10:45:35 EST China's vehicle sales more than doubled in January to a monthly record of 1.66 million autos, bucking forecasts for weaker growth.--> No Exit as Fannie, Freddie Flail Tue, 09 Feb 2010 10:33:32 EST With no blueprints for the future and no clear exit strategy for the government, Fannie and Freddie are focusing for now on the U.S. loan-modification program.--> Barclays CEO Blasts U.S. Plan Tue, 09 Feb 2010 11:43:21 EST John Varley criticized the U.S. government for breaking away from globally coordinated banking reforms, adding that absolute measures such as shrinking the size of banks won't make the sector safer.--> FDA Move May Bolster Crestor Tue, 09 Feb 2010 08:27:39 EST The U.S. Food and Drug Administration's approval of AstraZeneca's cholesterol drug Crestor for a new group of patients could open a large new market for the drug.--> Toyota to Recall Hybrids World-Wide Tue, 09 Feb 2010 11:54:44 EST The auto maker is recalling 437,000 hybrid vehicles world-wide, including the Prius, due to problems with their antilock braking systems.--> Pepsi Outfront on Calories Tue, 09 Feb 2010 10:38:49 EST Pepsi said it will move the calorie content to the front of its beverage containers by the end of 2012.--> Tysabri Boosts Biogen Earnings Tue, 09 Feb 2010 10:38:10 EST Biogen's fourth-quarter net profit rose 48% to $305.6 million, as sales of its controversial multiple-sclerosis drug Tysabri continued to rise.--> Revenue Rises at IAC Tue, 09 Feb 2010 10:31:02 EST IAC, the parent of Ask.com and Match.com, reported a quarterly loss but revenue rose for the first time since 2008.--> UBS Swings Back to Profit Tue, 09 Feb 2010 09:04:23 EST UBS reported its first quarterly profit in more than a year, but its private-banking business continued to hemorrhage wealthy clients spooked by assaults on Swiss bank secrecy.--> MillerCoors Net Surges, Sales Fall Tue, 09 Feb 2010 07:26:23 EST MillerCoors LLC's fourth-quarter profit surged 89% to $102.2 million on prior-year charges, but adjusted results fell as overall volume and sales declined.--> Pulte Homes' Loss Shrinks Tue, 09 Feb 2010 10:47:44 EST Pulte Home's fourth-quarter loss narrowed as the home builder reported a tax benefit, as well as higher revenue and a doubling of orders.--> Japan Airlines Sticks With AMR Tue, 09 Feb 2010 05:54:29 EST Japan Airlines said it will maintain its alliance with AMR's American Airlines, dealing a blow to rival Delta.--> FSA Chief Sants to Step Down Tue, 09 Feb 2010 10:41:15 EST Hector Sants submitted his resignation as chief executive of the Financial Services Authority, the U.K. financial regulator that he led through the credit crisis but which faces an uncertain political future.--> GM Details Plans in Europe Tue, 09 Feb 2010 08:53:47 EST GM's European division said it plans to invest $15.03 billion on its model line-up by 2014 as part of a complex turnaround plan aimed at reaching break-even in 2011 and returning to profitability in 2012.--> Congress Questions Toyota's Fix Tue, 09 Feb 2010 11:45:33 EST Congressional investigators examining Toyota's safety troubles are questioning whether the company and regulators have fully grasped what caused the sudden acceleration problems.--> NYSE Euronext Sees Hope From Regulators Tue, 09 Feb 2010 11:41:04 EST The stock-exchange operator swung to a profit as its chief executive said regulatory moves could limit the competitive heat it faces.--> Boeing Flies New 747 Model Tue, 09 Feb 2010 00:17:34 EST The company's revamped 747 took off on its maiden flight. But the new jetliner has been slow to attract orders as Boeing again redesigns a successor to a plane that has been flying for forty years.--> MGM Mirage Seeks to Divest Atlantic City Casino Stake Tue, 09 Feb 2010 09:21:33 EST The move by the U.S. gambling company underscores a shift toward Macau and an increasing focus on Asia.--> Nissan Swings to Profit Tue, 09 Feb 2010 05:45:26 EST Nissan returned to profitability in its fiscal third quarter, as cost cuts and booming demand in China offset the yen's strength.--> Wipro Chasing Outsourcing Deals Tue, 09 Feb 2010 07:31:54 EST The business process outsourcing division of Wipro is chasing 25 to 30 outsourcing deals, worth about $100 million each, underscoring the industry's upbeat mood as it emerges from the global economic slowdown.--> Honda Warns of Toyota Fallout Mon, 08 Feb 2010 20:02:52 EST CFO Yoichi Hojo says the industry risks a broader hit to consumer confidence in overall auto quality.--> Gmail, Too, Seeks to Rival Facebook Mon, 08 Feb 2010 22:52:43 EST Google is taking a swipe at Facebook and Twitter with a new feature that makes it easier for users of Gmail to view media and status updates shared online by their friends.--> Japan Seat Maker Falsified Data Tue, 09 Feb 2010 05:52:39 EST Japanese manufacturer Koito Industries said it falsified safety testing data for some 150,000 airplane seats installed on about 1,000 Boeing and Airbus planes operated by 32 airline carriers around the world.--> Lorillard to Enter Market for Moist Smokeless Tobacco Mon, 08 Feb 2010 23:15:10 EST Newport cigarette maker Lorillard announced it will soon enter the market for moist smokeless tobacco products, but said that an earlier joint venture with Swedish Match to develop a new product in the U.S. had been mutually terminated.--> UPS to Furlough at Least 300 Pilots Mon, 08 Feb 2010 16:16:04 EST UPS said it plans to furlough at least 300 of its airline pilots as the world's largest package shipper, by volume, cited a continued need for belt-tightening amid a gradual economic recovery.--> Hartford, Lincoln Report Profits Mon, 08 Feb 2010 19:24:10 EST Hartford Financial Services Group and Lincoln National reported profitable fourth quarters following punishing periods a year earlier.--> Mortgage Mess Breeds Unlikely Allies Mon, 08 Feb 2010 23:21:18 EST Some activists and investors have formed a loose coalition, aiming to cut amounts owed by borrowers whose loans exceed the values of their homes.--> |