Archive for April, 2013

Chrysler earnings down 65 percent on product launches

April 29, 2013
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By Bernie Woodall DETROIT (Reuters) – Chrysler Group LLC said on Monday quarterly profit fell 65 percent as it absorbed the costs of new-vehicle launches.
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Stocks open higher as consumer spending rises

April 29, 2013
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NEW YORK (AP) — Stocks are edging higher in early trading on Wall Street as investors were encouraged by an increase in consumer spending last month.
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Bomb suspects’ mom draws heavy scrutiny

April 29, 2013
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BOSTON (AP) — In photos of her as a younger woman, Zubeidat Tsarnaeva wears a low-cut blouse and has her hair teased like a 1980s rock star. After she arrived in the U.S. from Russia in 2002, she went to beauty school and did facials at a suburban day spa.
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Fatal stabbing of 8-year-old girl prompts Calif. manhunt

April 29, 2013
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SAN FRANCISCO (AP) — Residents of a rural Northern California county were being told Sunday to keep their doors locked and report anyone considered suspicious as authorities continued the search for the killer of an 8-year-old girl.
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Hindustan Unilever falls ahead of Q4 earnings; volume growth key

April 29, 2013
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Reuters Market Eye – Shares in Hindustan Unilever Ltd (HUL), India’s largest consumer goods maker, fell 1.6 percent ahead of the company‘s quarterly earnings later in the day.
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Hero MotoCorp surges after Q4 earnings beat forecast

April 29, 2013
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MUMBAI (Reuters) – Shares in Hero MotCorp Ltd, India’s largest motorcycle manufacturer, gain as much as 5.4 percent in early morning trade after the company’s January-March profit beat street estimates for the first quarter in six.
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Mother of Boston Marathon bomb suspects found deeper spirituality

April 29, 2013
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BOSTON (AP) — In photos of her as a younger woman, Zubeidat Tsarnaeva wears a low-cut blouse and has her hair teased like a 1980s rock star. After she arrived in the U.S. from Russia in 2002, she went to beauty school and did facials at a suburban day spa.
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EPA methane report further divides fracking camps

April 29, 2013
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PITTSBURGH (AP) — The Environmental Protection Agency has dramatically lowered its estimate of how much of a potent heat-trapping gas leaks during natural gas production, in a shift with major implications for a debate that has divided environmentalists: Does the recent boom in fracking help or hurt the fight against climate change?
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U.S. earnings beating forecasts but jury’s out on rest of season

April 29, 2013
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By Caroline Valetkevitch and Ben Berkowitz NEW YORK (Reuters) – U.S. companies have easily beaten expectations for first-quarter earnings so far in the reporting season, but nearly half of the members of the S&P 500 are yet to announce results and they are unlikely to be as robust.
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First Data names JPMorgan executive Bisignano as CEO

April 29, 2013
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(Reuters) – Electronic payment processor First Data Corp. said on Sunday it hired top JPMorgan executive Frank Bisignano as its chief executive officer, effective Monday April 29.
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