News archive from 29 April 2011

Husband, wife plead guilty in kidnap of CA girl

PLACERVILLE, Calif. - A convicted sex offender and his wife pleaded guilty Thursday to kidnapping and raping a Northern California girl when she was 11 and holding her captive for nearly two decades. The pleas came as part of a surprise deal with...

Fox News, 17:03 in Crime
 

Chrysler Says Government Loans Are Now Unnecessary

DETROIT - Chrysler will soon pay back its government loans because they have become “redundant and unnecessary” now that the automaker is more financially stable, its chief executive, Sergio Marchionne, said Thursday. Add to Portfolio Fiat SpA Go to...

 
Motorola Mobility narrows loss as smartphone sales surge, beats analyst estimates

Motorola Mobility narrows loss as smartphone sales surge, beats analyst estimates

NEW YORK - Motorola Mobility Holdings Inc., the maker of cellphones and cable set-top boxes that split off from the rest of Motorola in January, said Thursday that it narrowed its loss in the first quarter as it nearly doubled shipments of...

 

Treasury prices rise on economic reports

NEW YORK-Investors bought Treasurys Thursday after two key reports pointed to a less robust economy. The price of the 10-year Treasury note rose 37 cents per $100 invested in late trading. Its yield fell to 3.32 percent from 3.35 percent late...

 

Chrysler Says Government Loans Are Now Unnecessary

DETROIT - Chrysler will soon pay back its government loans because they have become “redundant and unnecessary” now that the automaker is more financially stable, its chief executive, Sergio Marchionne, said Thursday. Add to Portfolio Fiat SpA Go to...

 

Omnicare 1Q profit falls 42 percent on costs

COVINGTON, Ky.-Omnicare Inc., which dispenses drugs to nursing homes and long-term-care facilities, said Thursday its profit fell 42 percent in the first quarter on higher costs and charges. Omnicare earned $29.3 million, or 26 cents per share, down...

 

Review: Eye-Fi card makes cameras talk to phones

NEW YORK-If you're old enough, you probably used to marvel that digital cameras could show a picture right after it was shot, eliminating the need for a trip to the photo store. Now, they look nearly as dated as fax machines, as smartphones allow...

 

Dollar and precious metals at a glance

NEW YORK- Key currency exchange rates Thursday, compared with late Wednesday in New York. Dollar vs: Exchange Rate Pvs Day Yen 81.57 82.24 Euro $1.4821 $1.4740 Pound $1.6643 $1.6577 Swiss franc 0.8732 0.8767 Canadian dollar 0.9512 0.9521 Mexican peso...

 

Summary Box: Sony says credit data encrypted

DATA WAS ENCRYPTED: Sony told PlayStation users that it had encrypted the credit card data that hackers may have stolen last week, reducing but not eliminating the chances that thieves could have used the information. A SMALLER RISK: The company says...

 

Questions about top Berkshire exec's exit linger

OMAHA, Neb.-Warren Buffett will face tough questions about former Berkshire Hathaway executive David Sokol at this weekend's shareholders meeting. The company issued a report this week that said the former top executive violated the company's ethics...

 

On the Call: Eastman Kodak CEO Antonio Perez

ROCHESTER, N.Y.-Eastman Kodak Co.'s low-end digital camera business has been a drag on earnings as the picture-taking pioneer battles to cross back into profitability in the digital-imaging arena. Chief Executive Antonio Perez discussed his strategy...

 

A look at economic developments around the globe

A look at economic developments and activity in major stock markets around the world Thursday: ------ TOKYO -- Before disaster struck, Japan's leaders were vowing to counter the prospect of long-term economic decline with a new spirit of engagement...

 

Aetna, Eastman Kodak, OfficeMax are big movers

NEW YORK-Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Aetna Inc., up $1.64 at $41.45 The health insurer's first-quarter net income rose as health care costs fell and it raised...

 

Wireless carriers get consent to use location data

WASHINGTON-The nation's four largest wireless carriers say they obtain customer permission before using a subscriber's physical location to provide driving directions, family-locator applications and other location-based services, and before sharing a...

 

BlackBerry maker slashes short-term sales forecast

NEW YORK-Research In Motion Ltd., the maker of the BlackBerry, on Thursday cut its sales and earnings forecasts for the current quarter, saying it's shipping fewer and cheaper phones than it had expected. The stock was down $5.09, or 9 percent, to...

 

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