Business Finance News
Small Business Finance News
At its core, business is all about managing monetary investment such that it generates profit for the investor. At a closer look, it involves a long process of getting capital, spending it for inventory, labor, manufacturing, etc., managing costs and getting the returns from the sale of products and services. Each of these is affected by economic and political forces that are developing everyday.
Don’t be the last to know the latest news about trends in small business financing, managing credit and cost.
- Nvidia 3Q Earnings more than Double (November 13, 2011)Microchip maker Nvidia Corp. on Thursday said its fiscal third quarter profit has reached $178 million, more than double its earning last year, driven by strong demand for its computer chips worldwide.
- Sara Lee Cuts Sales Outlook on Forex (November 5, 2011)Sara Lee Corp., which has reported a $217 million loss in its fiscal first quarter, has cut its full-year sales forecast for due to unfavorable currency exchange rates.
- Anglo American Buys Controlling Stake in De Beers (November 4, 2011)Mining giant Anglo American has taken over diamond producer De Beers after paying the Oppenheimer family, which has ruled over the company for 80 years, $5.1 billion for the 40 percent interest in the company.
- News Corp Investor Urges Murdoch to Sell Newspaper Business (October 22, 2011)The third largest investor at News Corp has urged media mogul and owner Rupert Murdoch to sell all newspaper business, which would allow the company to double the size of its buy-back plan.
- McDonald's Posts $1.51B Profit in Q3 (October 21, 2011)The world's largest fast-food company McDonald's Corp. on Friday said its net income has reached more than $1.51 billion in the third quarter of this year on the back of higher global sales and new menu offerings.
- Coca-Cola 3Q Profit Edges Up (October 18, 2011)Coca-Cola Co., the world’s largest softdrink maker, said on Tuesday reported a slight increase in its third quarter profit driven by increase in sales and prices of its products worldwide.
- Goldman To Buy Back Buffett’s Preferred Shares (March 19, 2011)After the approval of the U.S. Federal Reserve, investment bank Goldman Sachs Group Inc. said that it would buy back some $5billion worth of preferred stocks from Warren Buffett, ending the “costly” deal that has helped the company surge past the financial crisis.
- World’s Banks Welcomes New Basel Rules (September 13, 2010)The Basel Committee, which is the regulator of world’s banking systems, has agreed on a new bank capital requirement of 7 percent, giving a sigh of relief to many financial institutions all over the globe.
- Stronger Dollar Seen Following Robust Economic News (December 13, 2009)A stronger dollar was seen following robust economic news, saying the dollar value was now pegged at 1.4613 against euro. Economists are now moving to see how the Federal Reserve will react to changes to curb the impending inflation.
- Stonegate Bank Purchases Two Banks (October 26, 2009)The Office of Thrift Supervision and Office of Financial Regulation in Florida closed Partners Bank and Hillcrest Bank respectively. FDIC received the banks and entered into purchase and assumption agreement together with Stonegate Bank. Stonegate bought two banks and took over all deposits and assets of both banks.
- Wells Fargo Expands in Investment Banking (July 7, 2009)
- Territorial Savings Bank Goes to New Territory (July 6, 2009)
- The Return of Barter Economy (June 4, 2009)
- Teaching Financial Education to Teens (May 31, 2009)
- The Worst of Recession Over: Fed (April 19, 2009)
- Economy Slightly Recovers (April 11, 2009)
- Fed Tries to Revive Ailing Economy (April 9, 2009)
- US Carmakers' Sales Rise, Japanese Posts Decline (April 2, 2009)
- Advertisement Revenue Slightly Increases on Internet (March 31, 2009)
- Soda Companies' Sales Decline (March 31, 2009)
- More Tax on Tobacco (March 29, 2009)
- Airline Expects $4.7 Billion Loss (March 25, 2009)
- Popular Jewelry Maker Posted Slumping Sales (March 24, 2009)
- Stimulus Plan for Banking Crisis Could Reach $1 Trillion (March 23, 2009)
- TransUnion Reports More Borrowers Unable to Pay Auto Loans (March 17, 2009)
- Congress Amends Executive Pay Limit (March 3, 2009)
- Government Grants $30 Billion Stimulus Package to AIG (March 2, 2009)
- Recession Worse than Expected (February 28, 2009)
- France Slides Towards Recession (February 16, 2009)
- Foreclosures Decline in January 2009 (February 12, 2009)
- Fight Global Economic Recession (February 10, 2009)
- Freddie Mac Announces New Policy Allowing People to Stay in their Foreclosed Homes (January 31, 2009)
- Fed Policy to Revive Ailing Economy (January 28, 2009)
- Unemployment Rate Rises Amidst Global Financial Crisis (January 26, 2009)
- Obama’s First 100 Days will Focus on Solving Economic Crisis (January 18, 2009)
- Dollar Weakens as Banks Experience Major Loss (January 17, 2009)
- Oil Price Reaches $35 Per Barrel Amidst Weak US Economy (January 16, 2009)
- Authorities Warn Car Employees on Pension Funds (January 10, 2009)
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