Business News
ABJ - September 19 - Lennar Corporation, one of America's largest homebuilders, reported results for its third quarter ending August 31. Third quarter net earnings attributable to Lennar in 2011 were $20.7 million, or 11 cents a diluted share, compared to third quarter net earnings ...
ABJ - September - 16 - Research In Motion Limited (RIM), a world leader in the mobile communications market, has reported second quarter results for the three months ending August 27. Revenue for the second quarter of fiscal 2012 was $4.2 billion, ...
ABJ - September 15 - RealtyTrac, the leading online marketplace for foreclosure properties, today released its U.S. Foreclosure Market Report for August, which shows foreclosure filings—default notices, scheduled auctions, and bank repossessions—that were reported on 228,098 U.S. properties in August, a seven per cent increase ...
ABJ - September 13 - Bank of America today issued the below statement following the company's presentation at the Barclays Capital 2011 Global Financial Services Conference. Bank of America's Project New BAC is key to the company's strategy of focusing all of ...
ABJ - September 12 - There were 3.2 million job openings on the last business day of July, the U.S. Bureau of Labor Statistics reports. The hires rate (three per cent) and separations rate (three per cent) were essentially unchanged over the ...
Labor productivity-defined as output per hour-rose in wholesale trade, retail trade, and food services in 2010, according to a report by the U.S. Bureau of Labor Statistics.Productivity increased nine per cent in wholesale trade, 3.9 per cent in retail trade, and 1.9 per cent in ...
ABJ – Aug 30 – Peabody Energy and ArcelorMittal announced that PEAMCoal has agreed to terms with the Macarthur board for a cash takeover of all outstanding shares of Macarthur Coal for A$16.00 per share, valuing the equity in Macarthur at approximately A$4.8 billion.All participating ...
ABJ - Aug 29 - A report from TD Economics indicates that the global economic outlook has deteriorated in recent months and the risks to the recovery have intensified. Worsening U.S. and European growth prospects are the primary issue, not only because ...
CBJ – Aug 26 – Apple’s Board of Directors has officially announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected ...
ABJ – Aug 25 – Scotiabank's Commodity Price Index, which measures price trends in 32 of Canada's major exports, rallied back 0.8 per cent month over month in July to a level just two per cent below the April 2011 near-term peak.The All Items Index ...
