Business News

05/16/2013 – BEATS – Business Education and Training Seminars (May)

09 May, 2013 Engage Newswire is dedicated to publishing the most up-to-date most relevant Press Releases, Business News and Technology News on the web. If you are interested in Press Release exposure contact PR@EngageNewswire.com Business Education and Training Seminars (BEATS)   The Rifle Area Chamber of Commerce presents a four pa...

09 May 5:46 AM 0 Read More...

Tim Hortons names new CEO; profit and stock drop

By Euan Rocha and Susan Taylor TORONTO | Wed May 8, 2013 8:36pm EDT TORONTO (Reuters) - Tim Hortons Inc (THI.TO) named a long-time Nestle executive as its new chief on Wednesday, a job that will be no easy task given drooping demand at the Canadian coffee and doughnut chain and a push by a U.S. hedge fund for better returns. Shares of Tim Hortons, which boasts that ...

09 May 2:11 AM 0 Read More...

Tesla first-quarter profit tops forecast, lifts sales outlook

By Deepa Seetharaman DETROIT | Wed May 8, 2013 8:18pm EDT DETROIT (Reuters) - Tesla Motors Inc (TSLA.O) reported its first-ever quarterly profit on Wednesday, trouncing Wall Street estimates, as the 10-year-old automaker delivered nearly 5,000 Model S electric cars during the first three months of the year. The company, led by billionaire Elon Musk, said it expects ...

09 May 2:11 AM 0 Read More...

News Corp results beat estimates, spin-off on track

By Lisa Richwine Wed May 8, 2013 7:43pm EDT (Reuters) - Rupert Murdoch's News Corp reported quarterly earnings that beat Wall Street expectations, aided by growth at its cable networks, and said it is on track to split off its slow-growing publishing business by the end of June. Its revenue rose 14 percent from a year earlier to $9.5 billion in the quarter, ended March 31, N...

09 May 2:11 AM 0 Read More...

Tesla profit tops forecast, lifts sales outlook

By Deepa Seetharaman DETROIT | Wed May 8, 2013 7:31pm EDT DETROIT (Reuters) - Tesla Motors Inc (TSLA.O) reported its first-ever profit that trounced Wall Street estimates on Wednesday and forecast global demand for its Model S electric car could surpass 30,000 vehicles a year. Tesla reported adjusted earnings of 12 cents per share, triple the 4 cents per share expec...

09 May 2:11 AM 0 Read More...

S&P 500 ends at record high for fifth day

By Caroline Valetkevitch NEW YORK | Wed May 8, 2013 4:52pm EDT NEW YORK (Reuters) - The S&P 500 closed at an all-time high for a fifth day on Wednesday in a broad rally that keeps surprising investors with its longevity and resilience. The Dow also ended at a record high for a second straight day, pushing further above 15,000.The S&P 500 has climbed 14.5 per...

08 May 9:10 PM 0 Read More...

News Corp quarterly profit, revenue rise

Wed May 8, 2013 4:45pm EDT (Reuters) - Rupert Murdoch's News Corp reported higher earnings and revenue for its fiscal third quarter, aided by the purchase of a controlling stake in German pay TV operator Sky Deutschland and growth at cable networks. Revenue rose 14 percent from a year earlier to $9.5 billion in the quarter, ended March 31, the company reported on Wednesday. Net inco...

08 May 9:10 PM 0 Read More...

U.S. regulators close inquiries into Ford, Chrysler vehicles

By Deepa Seetharaman DETROIT | Wed May 8, 2013 11:36am EDT DETROIT (Reuters) - U.S. auto safety regulators closed two separate probes into vehicles made by Ford Motor Co (F.N) and Chrysler Group LLC after the two U.S. automakers conducted safety recalls this year to fix glitches in some models. The U.S. National Highway Traffic Safety Administration closed both inve...

08 May 4:06 PM 0 Read More...

Delta to restart dividend, launch share buyback program

By Karen Jacobs Wed May 8, 2013 11:32am EDT (Reuters) - Delta Air Lines Inc (DAL.N) plans to return $1 billion to shareholders over the next three years, starting with its first dividend in a decade and a $500 million share buyback program, the company said on Wednesday. The initiatives are part of a five-year plan that seeks to generate as much as $5 billion in value for in...

08 May 4:06 PM 0 Read More...

Freddie Mac posts second-biggest profit in its history

By Margaret Chadbourn WASHINGTON | Wed May 8, 2013 11:32am EDT WASHINGTON (Reuters) - Freddie Mac (FMCC.OB), the No. 2 provider of U.S. mortgage money, posted its second-largest quarterly profit in company history in the first quarter due to rising home prices, falling mortgage delinquencies and increased refinance activity. The government-controlled company on Wedn...

08 May 4:06 PM 0 Read More...