RefBan

Referral Banners

Yashi

Friday, October 19, 2012

Reuters Money: Google results miss; shares dive after premature report

Click to View in Browser
10/19/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Google results miss; shares dive after premature report
SAN FRANCISCO (Reuters) - Google Inc's quarterly results fell well short of Wall Street's expectations after its core advertising business slowed, stunning investors accustomed to consistently rapid growth from the Internet giant and wiping more than 9 percent off its market value.
Analysis: "47 percent" lament belies Republican tax credit support
WASHINGTON (Reuters) - Mitt Romney has distanced himself from his remarks lamenting the nearly 47 percent of Americans who do not owe federal income taxes, but his fellow Republicans helped engineer the very tax breaks that have put many in that category. And little change is expected soon.
Connecticut contemplates connecting more to gas: Kemp
LONDON (Reuters) - More than 250,000 homes could be switched from heating with fuel oil to natural gas, cutting New England's heating oil consumption by 10 percent and providing a new market for U.S. gas producers, under ambitious plans published by Connecticut's Department for Energy and Environmental Protection (DEEP).
US military sounds alarm over mounting student loan debt
WASHINGTON (Reuters) - The military voiced concern on Thursday over mounting student loan debt owed by American troops, saying loan companies appeared to be taking advantage of U.S. forces - guiding them away from special protections they earned through service.
Analysis: Presidential tax plans could bruise municipal bond market
(Reuters) - Tax policies proposed by the two presidential candidates may differ in several ways, but both could roil the $3.7 trillion U.S. municipal bond market, popular with wealthy investors and vital for the financing needs of states, cities and other issuers of tax-exempt debt.
As others skimp, rich splurge on holiday gifts: study
NEW YORK (Reuters) - Scrooge-like spending patterns for the holidays appear to be a thing of the past for wealthy Americans, who are preparing to open their wallets this year after sitting on piles of cash.
Test-taking anxiety looms for US tax return preparers
WASHINGTON (Reuters) - These are testing times for tax preparers.
Three ex-GE bankers sent to prison for rigging muni bids
NEW YORK (Reuters) - Three former bankers at a unit of General Electric Co were each sentenced on Thursday to several years in prison for conspiring to rig bids to invest municipal bond proceeds.
Investors exit stock ETFs and favor high-quality bonds: Lipper
NEW YORK (Reuters) - U.S.-domiciled equity funds had outflows of $2.55 billion in the week ended October 17, with most of the losses stemming from an exchange-traded fund that tracks the benchmark S&P 500, data from Thomson Reuters' Lipper service showed on Thursday.
Analysis: Legg Mason's internal tensions lead to breakup talk
BOSTON (Reuters) - As Legg Mason Inc works to find a new CEO, financial industry executives say the Baltimore money manager could be a good candidate for a breakup backed by private equity, building on a trend among asset managers lately.
Related Video
Home stocks on shaky foundation
Getting to the top of mobile wallets
Business News
Wall Street opens lower as earnings disappoint
GE profit meets estimates, revenue falls short
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
 Counterparties
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
Reuters Business Today
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments:

Yashi

Chitika