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EU expected to approve Google's Motorola deal: sources
Feb 10, 2012 12:26 EST
BRUSSELS (Reuters) - Google Inc <GOOG.O> is expected to win approval next week from European regulators as well as U.S. antitrust authorities for its planned $12.5 billion purchase of Motorola Mobility <MMI.N>, according to people familiar with the matter.
Path fumble highlights Internet privacy concerns
Feb 09, 2012 14:42 EST
SAN FRANCISCO (Reuters) - A privacy debate surrounding fledgling social network Path went viral this week, triggering discussions on blogs and on Twitter about how far social networks can go in using members' private data.
Path fumble highlights Internet privacy concerns
Feb 09, 2012 14:42 EST
SAN FRANCISCO (Reuters) - A privacy debate surrounding fledgling social network Path went viral this week, triggering discussions on blogs and on Twitter about how far social networks can go in using members' private data.
MF Global judge to examine insurance for ex-execs
Feb 09, 2012 12:23 EST
(Reuters) - The U.S. judge overseeing MF Global's bankruptcy plans a closer review before deciding whether any of an estimated $190 million of insurance coverage for former company executives should instead go to customers.
Groupon loss and weak sales clobber shares
Feb 08, 2012 16:08 EST
(Reuters) - Groupon Inc reported a loss on Wednesday as user growth slowed from the breakneck pace of past quarters, potentially signaling consumer fatigue with daily deals and wiping 13 percent off its shares.
Groupon disclosure, growth concerns hit stock
Feb 08, 2012 16:08 EST
(Reuters) - Groupon Inc shares slumped Wednesday as the daily deal company's first quarterly results since it went public stoked concern about limited disclosure and slowing growth.
Amazon unit may be moving into sporting goods
Jan 30, 2012 13:03 EST
SAN FRANCISCO (Reuters) - Amazon.com Inc's Quidsi unit may be getting into sporting goods, challenging retailers in this niche, including Dick's Sporting Goods, Hibbett Sports and Cabela's, analysts at Credit Suisse said Monday.
Strong quake jolts eastern Japan, no tsunami warning
Jan 27, 2012 18:28 EST
TOKYO (Reuters) - A strong earthquake with a preliminary magnitude of 5.5 jolted eastern Japan on Saturday morning, but there were no immediate reports of injury or damage and no tsunami warning was issued.
Subpoenas issued to financial firms in expanded probe
Jan 27, 2012 17:48 EST
WASHINGTON (Reuters) - The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday.
Wal-Mart puts U.S. marketing under merchandising
Jan 27, 2012 15:38 EST
(Reuters) - Wal-Mart Stores Inc <WMT.N> said on Friday that its U.S. marketing team would now work under the leadership of its chief merchandising officer rather than as a separate group as the world's largest retailer works on improving its communication with shoppers.
Illumina sets response timeline to Roche offer
Jan 27, 2012 10:39 EST
(Reuters) - U.S. gene sequencing company Illumina Inc said on Friday it will tell shareholders within 10 business days of its position on a $5.7 billion takeover bid from Swiss drugmaker Roche Holding AG.
Wal-Mart plans to sell new drink machine: report
Jan 26, 2012 14:31 EST
NEW YORK (Reuters) - Wal-Mart Stores Inc <WMT.N> plans to start selling a new single-serve beverage maker, according to an analyst report on Thursday, sending shares of rival coffee system maker Green Mountain Coffee Roasters Inc <GMCR.O> down more than 4 percent.
Symantec tells customers to disable pcAnywhere
Jan 25, 2012 12:33 EST
(Reuters) - Symantec Corp took the rare step of advising customers to stop using one of its products, saying its pcAnywhere software for accessing remote PCs is at increased risk of getting hacked after blueprints of that software were stolen.
Symantec tells customers to disable pcAnywhere software
Jan 25, 2012 12:33 EST
(Reuters) - Symantec Corp advised customers to stop using its pcAnywhere software for accessing remote PCs, saying they are at increased risk of getting hacked because the blueprints to that software have been stolen.
Penney overhauls pricing, stores in major makeover
Jan 25, 2012 10:11 EST
NEW YORK (Reuters) - J.C. Penney Co Inc <JCP.N> is changing everything from its pricing strategy and store layout to its exclusive merchandise lines as the department store chain seeks to jettison the wide margin-sapping discounts that failed to bring in customers.
Penney overhauls pricing, stores in major
Jan 25, 2012 10:11 EST
NEW YORK (Reuters) - J.C. Penney Co Inc <JCP.N> is changing everything from its pricing strategy and store layout to its exclusive merchandise lines as the department store chain seeks to jettison the wide margin-sapping discounts that failed to bring in customers.
Chip maker AMD expects drop in quarterly revenue
Jan 24, 2012 17:44 EST
(Reuters) - Advanced Micro Devices Inc <AMD.N> forecast lower quarterly revenue as a shortage of hard drives and a shaky economy hurts PC makers, sending its shares lower after-hours.
Chipmaker AMD expects lower revenue in weak PC market
Jan 24, 2012 17:44 EST
(Reuters) - Advanced Micro Devices Inc forecast lower quarterly revenue as a shortage of hard drives and a shaky economy hurt PC makers, sending its shares lower in after-hours trading.
AMD expects lower revenue in weak PC market
Jan 24, 2012 17:44 EST
(Reuters) - Advanced Micro Devices Inc forecast lower quarterly revenue as a shortage of hard drives and a shaky economy hurt PC makers, sending its shares lower in after-hours trading.
DuPont sales miss on weak solar, electronic demand
Jan 24, 2012 06:43 EST
(Reuters) - DuPont's quarterly revenue missed Wall Street expectations as its customers bought fewer solar-panel materials and digital television parts due to the weak economy, offsetting higher prices across the company.