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Updated: 5 hours 13 min ago

3M Income Gains Despite Lower Sales

Thu, 07/26/2012 - 10:20am
3M, the iconic maker of Post-Its and Scotch Tape, said it managed a slim increase in second-quarter earnings as cost-cutting offset a revenue shortfall.

Facebook Earnings: Forget EPS, It’s All About the User Base

Thu, 07/26/2012 - 8:20am
What does a win look like for Mark Zuckerberg & Co.? Zachary Karabell of RiverTwice Research says it may have less to do with EPS and revenue and more to do with their user base.

Soda Companies Racing for a New Sweet Spot

Thu, 07/26/2012 - 8:20am
Coke and Pepsi are chasing after the sweet spot: a soda with no calories, no artificial sweeteners and no funny aftertaste.

Sprint Loss Widens, but Revenue Beats Estimates

Thu, 07/26/2012 - 8:20am
Sprint Nextel's loss widened in the second quarter as the country's third-largest wireless carrier wrote down the value of its moribund Nextel network.

Dow Chemical Profit Drops 34%

Thu, 07/26/2012 - 8:20am
Dow Chemical, the largest U.S. chemical maker by sales, reported a 34% drop in quarterly profit on Thursday as sales plunged around the globe.

Small Firms Seek Skilled Workers but Can't Find Any

Thu, 07/26/2012 - 6:30am
It isn't the just big manufacturers, oil companies and railroad operators that are struggling to hire skilled workers. The "Help Wanted" sign is also a regular fixture at small firms.

More Than $100 Million in Attack Ads Fails to Move Voters

Thu, 07/26/2012 - 6:30am
After spending more than $100 million airing mostly negative ads in the last three months, President Barack Obama and Republican challenger Mitt Romney haven't been able to move the public-opinion.

Stock Futures Dip as Investors Await Raft of Earnings

Thu, 07/26/2012 - 6:30am
Stock index futures pointed to a lower open on Wall Street on Thursday.

Apple's New System For Mac Borrows From iPhone

Thu, 07/26/2012 - 6:30am
With the release Wednesday of Apple's newest operating system, Mountain Lion, shifting between PCs and mobile devices has become more natural.

EBay to Target Under-18 Set

Thu, 07/26/2012 - 6:30am
EBay is exploring ways to harness an untapped class of buyers: Kids.

Nokia Scraps New Mass-Market Phone Software

Thu, 07/26/2012 - 6:30am
Struggling Finnish cellphone maker Nokia has scrapped a software project which it had hoped would compete with mass-market Google Android phones.

Standard & Poor's Lowers Duke Energy Rating

Thu, 07/26/2012 - 6:30am
Standard & Poor's lowered the rating for Duke Energy Wednesday, citing the utility's lack of transparency in connection with the hiring of a new CEO.

Citigroup: 90% Chance That Greece Leaves Euro

Thu, 07/26/2012 - 6:30am
Citigroup said there's now a 90% chance that Greece will leave the euro in the next 12 to18 months.

Oil Declines for First Day in Three as U.S. Stockpiles Increase

Thu, 07/26/2012 - 6:30am
Oil dropped for the first time in three days in New York on concern that rising stockpiles signal faltering demand in the U.S.

Repsol profit shows there is life after YPF

Thu, 07/26/2012 - 5:05am
Spain's Repsol posted a stronger-than-expected rise in second-quarter profit on Thursday supported by higher output from Libya which helped compensate for the oil major's loss of its YPF energy business ...

Lloyds says parts of bank get Libor subpoenas

Thu, 07/26/2012 - 3:50am
Britain's Lloyds Banking Group said some parts of its business had received subpoenas from governments under an investigation into a global interest rate rigging scandal that has rocked the banking industry. ...

Insight: Slovenia rues bank mismanagement as bailout talk grows

Thu, 07/26/2012 - 3:50am
When he took control of his country's biggest bank in 2009, Drasko Veselinovic expected a rough ride. He knew Slovenia's state-owned Nova Ljubljanska Banka was facing difficulty as the country's boom years ...

Emerging markets help Unilever avoid rivals' pain

Thu, 07/26/2012 - 3:50am
Strong emerging markets growth helped consumer goods giant Unilever Plc avoid the profit warnings of two of its arch rivals, although it cautioned of tougher times ahead due to difficult economies and ...

Siemens new orders slide as crisis spooks customers

Thu, 07/26/2012 - 2:30am
Siemens posted a 23 percent drop in quarterly new orders, steeper than expected, as customers wary of Europe's debt crisis increasingly refrained from making investments. Europe's biggest engineering conglomerate ...

Alcatel to cut 6 percent of staff, reduce costs

Thu, 07/26/2012 - 2:30am
Telecom gear maker Alcatel-Lucent said it would cut 5,000 jobs and seek to exit or restructure unprofitable markets as part of a program to lower costs by 1.25 billion euros by the end of next year. The ...