logo-cropped

US Pending Home Sales Slip in June

Wednesday, 29 July 2015 09:15 Written by
The number of signed contracts to buy homes fell in June, as limited supplies of homes on the market are holding back possible sales growth. The National Association of Realtors says its seasonally adjusted pending home sales index declined 1.8 percent to 110.3 last month. Still, strong demand from would-be buyers has pushed the index up 8.2 percent during the past 12 months. Solid hiring and relatively low mortgage rates have fueled the previous
IMF's Lagarde: World Economy Fragile, Faces Downside Risks
Wednesday, 29 July 2015 09:10 Written by
International Monetary Fund chief Christine Lagarde says the world economy is recovering but fragile and "faces some downside risks." In an online press conference, Lagarde describes the United States "a strong performer" and China "resilient" despite a recent drop in Chinese stock prices. She is also optimistic over the 19 countries that use the euro. "The euro area is beginning to turn the corner ... We have a more upbeat forecast than we have
US Stocks Edge Higher in Early Trading; Goodyear Gains
Wednesday, 29 July 2015 09:00 Written by
Asian stock markets were muted Wednesday as the recent plunge in Chinese shares kept investors on edge and attention turned to a Federal Reserve meeting that might give clues about the timing of a U.S. interest rate hike. KEEPING SCORE: China's Shanghai Composite Index was down 0.9 percent to 3,629.37 and Hong Kong's Hang Seng was little changed at 24,496.25. Japan's Nikkei 225 edged down 0.2 percent to 20,285.93. South Korea's Kospi rose 0.1
MasterCard 2Q Profit Slips and Revenue Falls Short
Wednesday, 29 July 2015 08:45 Written by
MasterCard Inc. (MA) on Wednesday reported second-quarter net income of $921 million. The Purchase, New York-based company said it had net income of 81 cents per share. Earnings, adjusted for non-recurring costs, were 85 cents per share. The results met Wall Street expectations. The average estimate of 18 analysts surveyed by Zacks Investment Research was also for earnings of 85 cents per share. The processor of debit and credit card payments posted revenue of
British Airways flight forced to land in Montreal, media cite bomb threat
Wednesday, 29 July 2015 08:37 Written by
MONTREAL A British Airways flight from Las Vegas to London was diverted and landed in Montreal early on Wednesday following a bomb threat, local media reported. British Airways did not confirm the bomb threat, but said its flight from Las Vegas to London's Heathrow airport landed safely in Montreal and passengers left the aircraft safely. Some 300 people were on the flight, according to local media. (Reporting by Allison Lampert in Montreal
MasterCard 2Q Misses on Revenue
Wednesday, 29 July 2015 08:34 Written by
MasterCard Inc. (MA) on Wednesday reported second-quarter net income of $921 million. The Purchase, New York-based company said it had net income of 81 cents per share. Earnings, adjusted for non-recurring costs, were 85 cents per share. The results met Wall Street expectations. The average estimate of 18 analysts surveyed by Zacks Investment Research was also for earnings of 85 cents per share. The processor of debit and credit card payments posted revenue of
US Strength Helps Goodyear Top Expectations
Wednesday, 29 July 2015 08:07 Written by
The Goodyear Tire & Rubber Co. (GT) on Wednesday reported second-quarter earnings of $192 million. The Akron, Ohio-based company said it had profit of 70 cents per share. Earnings, adjusted for non-recurring costs, were 84 cents per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. The tire maker posted revenue of $4.17 billion in the period,
Mini Recalls About 35K Cars to Bolster Side Crash Resistance
Wednesday, 29 July 2015 08:07 Written by
Mini is recalling about 35,000 cars in the U.S. and Canada because they don't meet side-impact crash-test requirements. The recall includes certain Cooper and Cooper S Hardtop two-door cars from 2014 and 2015, as well as the 2015 John Cooper Works Hardtop two-door. The company owned by BMW says that if crash-test requirements aren't met, rear-seat passengers could have a higher risk of injury. Dealers will install more energy absorption material between the rear
Goodyear Beats Street 2Q Forecasts
Wednesday, 29 July 2015 07:45 Written by
The Goodyear Tire & Rubber Co. (GT) on Wednesday reported second-quarter earnings of $192 million. The Akron, Ohio-based company said it had profit of 70 cents per share. Earnings, adjusted for non-recurring costs, were 84 cents per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. The tire maker posted revenue of $4.17 billion in the period,
Drugmaker GSK Sees Earnings Growth Returning in 2016
Wednesday, 29 July 2015 07:45 Written by
Britain-based drugmaker GlaxoSmithKline has reported a drop in earnings in the first full quarter since its deal to swap some assets with Swiss rival Novartis. Second-quarter net income fell to 149 million pounds ($232 million) from 654 million pounds a year earlier. Core operating profit fell 4 percent to 1.35 billion pounds. Sales rose 6 percent to 5.89 billion pounds. CEO Andrew Witty described the performance as encouraging, with integration and restructuring plans on

Bayoubuzz.com provides this article only as a news aggregator, NOT as the publisher or as the author. After reading this small portion of the article, please click upon the ORIGINAL SOURCE link above and read the original article. Thank you.

latter-blum2

Dead Pelican

Optimized-DeadPelican2 1 1

Facebook Plug

 

{JFBCComments} {JFBCComments href=http://www.bayoubuzz.com width=450 num_posts=02 colorscheme=light mobile=true order_by=reverse_time}

sumome