Business News: Wall Street falls as Greece concerns weigh again NEW YORK (Reuters) - Stock fell on Monday after a five-week rally on concerns Greece may be unable to avoid a chaotic default as it struggles to reach terms on a new bailout package.
Mon, 06 Feb 2012 10:52:47 -0500 Greeks delay bailout talks as Merkel demands action ATHENS/PARIS (Reuters) - German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country's political leaders responded by delaying their decision for yet another day.
Mon, 06 Feb 2012 11:00:33 -0500 China growth could halve if Europe crisis worsens: IMF BEIJING (Reuters) - China's annual economic growth could be cut nearly in half this year if Europe's debt crisis tips the world economy into a recession, putting pressure on Beijing to unveil "significant" fiscal stimulus, the International Monetary Fund said.
Mon, 06 Feb 2012 08:33:49 -0500 Boeing to correct 787 Dreamliner fuselage issue (Reuters) - Boeing has discovered a problem related to the aft fuselage of its 787 Dreamliner planes and is making repairs that will not affect production of the aircraft, the company said in an emailed statement on Sunday.
Mon, 06 Feb 2012 09:22:44 -0500 Insight: Two firms flourish in frenzied MF Global aftermath NEW YORK (Reuters) - The mad rush to move client money out of MF Global Inc. after its collapse left two firms with the bulk of customer accounts, while other brokerages emerged with only minor gains from the chaos of carving up a multibillion-dollar business.
Mon, 06 Feb 2012 10:02:26 -0500 GM aims for 10 percent profit margin over next few years: report (Reuters) - General Motors aims to raise its profit margin to 10 percent over the next several years, up from the current margin of about 6 percent, Daniel Ammann, chief financial officer, told the Wall Street Journal in an interview.
Mon, 06 Feb 2012 04:04:09 -0500 Humana posts higher profit, lifts forecast (Reuters) - Humana Inc posted a big rise in fourth-quarter earnings that was generally in line with analysts' targets, helped by higher membership in its Medicare plans for the elderly, and the health insurer slightly lifted its full-year profit forecast.
Mon, 06 Feb 2012 08:22:51 -0500 Glencore, Xstrata hammer out premium as deal nears LONDON/CAPE TOWN (Reuters) - Top executives at Glencore and Xstrata are hammering out the final details of a proposed $80 billion merger, including the premium on offer by the commodities trading giant to secure approval from the miner's shareholders.
Mon, 06 Feb 2012 10:07:15 -0500 As Facebook grows up, it courts Madison Avenue (Reuters) - About a year ago, when it became clear that taking Facebook Inc public was a matter of when not if, Chief Operating Officer Sheryl Sandberg went out and poached Caroline Everson, then global advertising head at Microsoft Corp.
Mon, 06 Feb 2012 10:04:28 -0500
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