Business, Economy And Personal Finance News
Stock markets are easily rattled. The slightest whiff of uncertainty can trigger sharp share price fluctuations. Take the onset of the so-called Arab Spring of protests earlier this year. The first signs of turmoil kicked off concern around a number of companies that operate in the Middle East and North Africa. Sector was no bar. [...]
A new survey found a growing number of business school graduates see technology companies as the most appealing places to work, according to The Wall Street Journal. Consulting firm Universum surveyed more than 6,000 students from dozens of business-schools around the country regarding their top five ideal employers. The Journal had the company narrow the [...]
–Tax gain, Humira sales help 2Q earnings –Abbott CFO doesn’t see big impact from sluggish economy –Niaspan prescriptions seen falling on recent study Abbott Laboratories reported Wednesday a 50% spike in second-quarter profit, helped by a tax gain, while revenue rose 9% on a weaker dollar and continued sales growth for the blockbuster anti-inflammatory drug [...]
The state government has announced it will impose a five per cent royalty rate on uranium and magnetite iron ore, setting up another fight with Canberra. Mines Minister Norman Moore, who was speaking at a uranium conference in Fremantle today, said the royalties on magnetite would bring in about $60 million in 2011-12. That is [...]
-Demand for North American service outpacing capacity growth. -Gulf of Mexico activity rises though CEO warns of possible decline. -International revenue up, but profits fall. By Ryan Dezember and Tess Stynes Halliburton Co.’s second-quarter earnings surged 54% on rising demand for its services, especially from producers rushing to tap North America’s new-found stores of oil [...]
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