Siemens Q3 boosted by industry, energy projects

German engineering group Siemens (SIEGn.DE: Quote, Profile, Research, Stock Buzz) posted stronger-than-expected third-quarter results thanks to major contracts in its two largest sectors, but […]

Cost of Fannie, Freddie rescue - $25B

The Congressional Budget Office on Tuesday estimated that a government plan to stabilize mortgage giants Fannie Mae and Freddie Mac could cost government coffers […]

United, US Airways, JetBlue post losses on fuel woes

Three major U.S. airlines reported losses on Tuesday, sapped by soaring fuel costs, but stocks in the sector rose sharply as investors hoped falling […]

Government weighs more charges in Bear case

The government is considering bringing further criminal charges in the case involving two former Bear Stearns executives indicted last month related to the collapse […]

Nokia results in line, optimistic for year

Nokia (NOK1V.HE: Quote, Profile, Research, Stock Buzz), the world’s biggest maker of mobile phones, reported April-June results roughly in line with forecasts, and was […]

LG Display Q2 net profit surges, faces slowdown ahead

South Korea’s LG Display Co Ltd’s (034220.KS: Quote, Profile, Research, Stock Buzz) quarterly net profit more than trebled thanks to strong demand for flat […]

Economy casts pall on Sun Valley media fest

The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co […]

Existing home sales rise on price drop

Sales of existing homes rose slightly more than expected in May as home buyers responded to plummeting home prices, according to an industry trade […]

Iraq throws open door to foreign oil firms

Iraq opened its giant oilfields to foreign firms on Monday, putting British and U.S. companies in pole position five years after U.S.-led troops invaded […]