Fidelity attacked by JPMorgan hackers, no data stolen: FT
(Reuters) – Fidelity Investments was among 13 financial institutions attacked by hackers who are believed to have been responsible for a breach at JPMorgan Chase, but there is no indication that Fidelity customer data were stolen, the Financial Times r…
HTC CFO says company will not need to tap markets in 2015
NEW YORK (Reuters) – HTC Corp will not need to tap the capital markets in 2015 or even beyond, the Taiwanese smartphone maker’s chief financial officer told Reuters on Wednesday, citing its lack of debt, $1.7 billion in cash and the ability to fund its…
Alcoa earnings beat forecasts, propelled by higher aluminum prices
(Reuters) – Alcoa Inc reported a stronger-than-expected increase in third-quarter profit on Wednesday as higher aluminum prices and lower costs drove a recovery in its business unit that produces aluminum.
Alcoa earnings beat forecasts, propelled by higher aluminum prices
(Reuters) – Alcoa Inc reported a stronger-than-expected increase in third-quarter profit on Wednesday as higher aluminum prices and lower costs drove a recovery in its business unit that produces aluminum.
Alcoa earnings beat forecasts, propelled by higher aluminum prices
(Reuters) – Alcoa Inc reported a stronger-than-expected increase in third-quarter profit on Wednesday as higher aluminum prices and lower costs drove a recovery in its business unit that produces aluminum.
Geithner: NY Fed unsure until last minute about AIG loan
WASHINGTON (Reuters) – Former U.S. Treasury Secretary Timothy Geithner defended the 2008 bailout of American International Group Inc for a second day on Wednesday, struggling at times to respond to increasingly contentious questions about the governmen…
S&P 500 has best day in a year following Fed minutes
NEW YORK (Reuters) – U.S. stocks soared on Wednesday, with major indexes posting their biggest one-day jumps of 2014 after the Federal Reserve reassured investors that its first interest rate hike would not come until it deemed the economy could withst…
U.S. Fed frets over strong dollar, global woes: minutes
WASHINGTON/NEW YORK (Reuters) – Federal Reserve officials want to tie an interest-rate rise to U.S. economic progress, but the minutes of their last policy meeting show they are struggling with how to come to grips with the dual threats of a stronger d…
Gap CEO Murphy to retire, digital head Peck to take over
(Reuters) – Gap Inc Chief Executive Glenn Murphy will retire in February and hand over the reins of the apparel retailer to its digital business head Art Peck, as the company looks to tap customers’ increasing preference for online shopping.
GT Advanced bankruptcy offers warning to Apple suppliers
SAN FRANCISCO/TOKYO (Reuters) – The financial implosion of Apple Inc supplier GT Advanced Technologies Inc this week offers a dramatic illustration of how the iPhone maker can put the screws to suppliers willing to take a short-term risk for future ric…
