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Yahoo! Finance: Top Stories
Top Stories from Yahoo! Finance
Wall Street finishes flat in late reversal
24 May 2012 at 2:40am
Stocks staged a late-day reversal on Wednesday, rallying into the close in another volatile session as a sharp rise in materials shares boosted the S&P 500 and gains in Apple helped lift the Nasdaq. The ...
HP to lay off 27,000, profit slides 31 percent
24 May 2012 at 2:40am
Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares ...
EU urges Greece to stay in euro, plans for possible exit
24 May 2012 at 2:40am
European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the reforms ...
Shareholders sue Facebook, NYSE comes calling
24 May 2012 at 2:40am
The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and ...
China factory data signals weak first-half growth
24 May 2012 at 2:40am
China's factories faltered in May as export orders fell to two month lows, a private sector survey showed on Thursday, suggesting surprise weakness in April's hard economic data persists even as policymakers ...
Aviva adds South Korea, Sri Lanka to Asia exit list: sources
24 May 2012 at 2:40am
British insurer Aviva plc is putting its South Korean and Sri Lankan businesses on the auction block, sources with knowledge of the matter said on Thursday, as part of a wider retreat from sub-scale Asian ...
MasterCard loses challenge against EU fees ruling
24 May 2012 at 2:40am
Europe's second-highest court on Thursday threw out MasterCard's challenge against an EU ban on its cross-border credit card fees. The European Commission said in its December 2007 decision that MasterCard's ...
Shell says considering options on bid target Cove
24 May 2012 at 2:40am
Royal Dutch Shell said it was considering its options regarding Cove Energy , the explorer it is trying to buy, as it extended the deadline for shareholder acceptances in the face of a higher bid from ...
GM Korea says it won't shift production to Europe
24 May 2012 at 2:40am
U.S. carmaker General Motors has no plans to shift production from its factories in South Korea to Europe, where it recently announced a restructuring at its Opel subsidiary, transferring output from Germany ...
BMW to appeal $163 mln Swiss antitrust fine
24 May 2012 at 2:40am
BMW , the world's biggest premium carmaker, plans to appeal a fine from the Swiss Competition Commission amounting to 156 million Swiss franc within the legal deadline of one month. "We categorically ...
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Dollar and precious metals at a glance
23 May 2012 at 1:35pm Key currency exchange rates Wednesday, compared with late Tuesday in New York:Read more...
Currency trouble
23 May 2012 at 12:55pm The rupee cracked 56 against the dollar on Wednesday, following a steady fall over the past few weeks. One of the basic facts about international currency dynamics is that foreign exchange markets first exhibit delayed reactions and then tend to overshoot the true, rational value of the exchange rate. It appears now that the rupee is undervalued ? judging, at least, by various trade-weighted ...Read more...
Currency exchange office opens at Rivercenter
22 May 2012 at 7:44pm A Foreign Currency Exchange branch buying and selling more than 70 foreign currencies opened last month at Rivercenter mall downtown. The two-employee branch, the Tampa, Fla.-based company's first in Texas, operates on the street-level corridor leading to Macy's Inc. department store and is open 10 a.m. to 9 p.m. Monday through Saturday. Branches typically grow to three to five employees, said ...Read more...














