Tag Archives: smaller
Kraft’s 1Q profit beats Wall Street expectations
NEW YORK (AP) — Kraft Foods is reviving old brands like Kool-Aid and betting on big new innovations as it begins finding its way as a smaller, independent company. Continue reading
Crisis in tiny Cyprus creates big mess for Europe
For such a tiny country, Cyprus and its failing banks have created an awfully big economic, financial and geopolitical mess for European bankers and government officials. The island nation – with land mass and economy smaller than Vermont – was bracing Sunday for the looming collapse of its banking system and economy, as scores of officials from Brussels to Nicosia spent the weekend scrambling to … Continue reading
Westpac to Cut Branch Sizes Even as Sour Loans Fall
Westpac Banking Corp. (WBC.AU) Tuesday said it plans to cut costs by making its branches smaller, even as improving economic conditions have helped push its sour loans to a four-year low. Continue reading
Cyprus Bailout: Savings Tax Could Be Cut
Officials look to lessen the impact of a bailout plan on smaller savers, as people in Cyprus rush to withdraw their cash. Continue reading
Downsizing an empty nest may not always pay off
Living on a smaller scale may mean fewer expenses, such as lower mortgage or rent, lower maintenance costs and lower utility bills. Continue reading
S&P 500 enjoys longest winning streak since January 2011
NEW YORK (Reuters) – U.S. stocks rose on Tuesday as this year's ongoing surge of merger activity suggested investors were still finding value in the market even as indexes hover near five-year highs. Office Depot Inc surged 12.4 percent to $5.15 after a person familiar with the matter said the No Continue reading
Wall Street gains on M&A optimism; S&P extends seven-week
NEW YORK (Reuters) – Global stock markets rose on Tuesday as U.S. stocks were boosted by news of yet another possible merger that suggested there is still room to the upside, while a pick-up in German economic sentiment supported European stocks. Continue reading
Google’s 4Q earnings rise despite Motorola woes
SAN FRANCISCO (AP) — Google eked out slightly higher earnings in the fourth quarter, despite a financial drag caused by the Internet search leader’s expansion into device manufacturing and a decline in digital ad prices as more people gaze into the smaller screens of smartphones. Continue reading
