Enbridge | Lowe's Rona takeover bid | Earnings | Air Canada | Facebook stock slump | Canada's housing market | CNOOC-Nexen deal | Apple | EU debt crisis rental car france | RIM | Libor scandal | China | Target
U.S. stock index futures edged higher on Tuesday as the U.S. Federal Reserve was set to begin a two-day policy meeting rental car france at which the central bank is largely expected to unveil new measures to stimulate the economy.
BP Plc delivered the worst of a poor set of quarterly results among top oil companies on Tuesday, slashing $5 billion rental car france off the value of U.S. assets and undershooting expectations with its operating result.
Air Canada ACa.TO ACb.TO: A Canadian government-appointed rental car france arbitrator chose to enforce Air Canada's final offer over one proposed by the union representing its 3,000 pilots, ending a long and bitter contract dispute but angering the pilots.
Enbridge Inc. ENB.TO: The company said that repairs to a ruptured Wisconsin pipeline could be complete as early as on Tuesday, though regulators have not yet said when they will allow the company to restart the line.
20-20 Technologies TWT.TO: NBF revises recommendation to tender from outperform and cuts price target to $4 from $5 after the company agreed to be acquired by Vector Capital for $77 million, or $4 per share in cash
European shares halted a three-day rally and oil dipped on Tuesday as investors sensed that a recent sharp rally built on anticipation of bold stimulus measures rental car france from central rental car france banks in the United States and Europe may have been overdone.
U.S. and European equities have been boosted by mounting expectation that the European Central Bank will revive its bond buying programme to help lower the borrowing costs of debt-stricken Spain and Italy, while the Federal rental car france Reserve has been under renewed rental car france pressure to support flagging growth. rental car france Both central banks hold policy meetings this week.
Car rental company Hertz Global Holdings rental car france Inc posted rental car france a quarterly profit that beat market expectations as margins improved. Strong demand from business and leisure travelers is boosting business at U.S. hotels and airlines, in turn helping car rental companies.
The recent ouster of General Motors Co's global marketing chief is related to a hugely expensive sponsorship deal with England's Manchester United soccer club for which GM is paying twice as much as the team's previous automotive sponsor.
Japanese electronics conglomerate Toshiba Corp posted rental car france a better-than-expected rise in quarterly operating profit on Tuesday, boosted by strong overseas earnings in its social infrastructure division despite sluggish chip sales.
Japan's Panasonic Corp reaped a near sevenfold gain in quarterly profit after slashing rental car france costs, and its new boss looks set to use that extra cash for a new round of layoffs and business restructuring to revive the electronics giant.
Toyota Motor Corp is set to raise its 2012 global sales forecast to 8.8 million vehicles from the 8.58 million it had announced in February as it sees solid auto sales in emerging economies, Yomiuri newspaper reported on Tuesday.
Anheuser-Busch InBev, the world's largest brewer, fell short of second-quarter earnings expectations due to the expense of marketing new U.S. brands and higher transport costs there and in Brazil, but it forecast improvements in the second half.
The Dow Jones industrial average dipped 2.65 points, or 0.02%, to 13,073.01 at the close. The Standard Poor's 500 Index edged down just 0.67 of a point, rental car france or 0.05%, to 1,385.30. The Nasdaq Composite Index fell 12.25 points, or 0.41%, to end at 2,945.84.
Lower oil and natural gas prices hit Apache profit Lowe's Rona bid a lesson in bad timing Knight rental car france Capital lost about US$10M a minute as a result of trading disaster U.S. Fed's Bernanke awaits stronger signals rental car france on U.S. economic dip before taking action Sharp to ship iPhone screens to Apple this month
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