Archive for category Global Markets

Dell shares fall on weak sales forecast

Posted by on Wednesday, 22 February, 2012

(Reuters) – Shares of Dell Inc fell more than 7 percent in premarket trading on Wednesday, after the world’s No.3 personal computer maker forecast weak sales for the current quarter.
Reuters: Global Markets


Dell shares fall on earnings miss, outlook

Posted by on Wednesday, 22 February, 2012

SAN FRANCISCO – Dell Inc forecast fiscal first-quarter revenue below Wall Street’s expectations, stoking fears the PC industry has not fully emerged from its downturn and sending the…
Reuters: Global Markets


Mazda to raise $2 bln in share issue, loans: sources

Posted by on Tuesday, 21 February, 2012

TOKYO – Japan’s Mazda Motor Corp plans to raise $ 2.1 billion to shore up its finances and invest in a new plant in Mexico, financial sources said on Tuesday — a bigger-than-expected…
Reuters: Global Markets


TNT investors hold out for higher bid

Posted by on Monday, 20 February, 2012

AMSTERDAM/LONDON – Investors in Dutch freight and delivery firm TNT Express are pressing for a higher offer from U.S.-based United Parcel Services , driving shares up more than 60 percent…
Reuters: Global Markets


General Mills cuts ’12 outlook on weak sales

Posted by on Monday, 20 February, 2012

(Reuters) – General Mills Inc cut its 2012 outlook on Friday, citing weak sales volume, and its shares fell more than 4 percent.
Reuters: Global Markets


AMR wants to cut 13,000 jobs, pensions

Posted by on Thursday, 2 February, 2012

(Reuters) – AMR Corp, the parent of bankrupt American Airlines, wants to slash 13,000 jobs and terminate employee pension plans as part of a cost-cutting strategy the carrier says is necessary to…
Reuters: Global Markets


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