JAL soars after most retirees back pension cuts
TOKYO (Reuters) – Shares of Japan Airlines Corp jumped 4 percent on Wednesday after the struggling carrier said most of its retirees were willing to accept cuts to pension payouts.
FCC order would be big sports win for Verizon, AT&T
WASHINGTON (Reuters) – Regulators were poised to open up the U.S. cable market to more competitors by closing a cable loophole blocking access to some sports programs to competitors, a source familiar with the issue said on Tuesday.
Wall St breaks 4-day winning streak after PPI and GE
NEW YORK (Reuters) – Stocks fell on Tuesday, with the Dow and S&P 500 moving off 14-month highs, as a climb in producer prices raised inflation concerns and economic bellwether General Electric issued a flat outlook for 2010.
WPCS Reports FY2010 Second Quarter Financial Results
EXTON, Pa., Dec. 15 /PRNewswire-FirstCall/ — WPCS International Incorporated (Nasdaq: WPCS), a leader in design-build engineering services for communications infrastructure, today announced financial results for the second quarter of fiscal year 2010 ended October 31, 2009. For the second quarter, WPCS reported revenue of $24.3 million compared to $28.8 million for the same period a year ago. WPCS reported net income of $337,000 or $0.05 per diluted share for the second quarter compared to $362,000 or $0.05 per diluted share for the same period a year ago. Year to date through the six months ended October 31, 2009 WPCS reported revenue of $49.6 million compared to $57.0 million for the same period a year ago. For the six month period, the reported net income was $772,000 or $0.11 per diluted share compared to net income of $1.2 million or $0.17 per diluted share for the same period a year ago.
Asta Funding, Inc. Reports Fourth Quarter and Fiscal Year-End 2009 Results
GE sees flat 2010, to invest in core businesses
NEW YORK (Reuters) – General Electric Co expects to record flat profit across its big industrial units next year, as a sluggish global economy crimps sales for jet engines, electric turbines and other heavy equipment.
Retail Ventures, Inc. Reports Third Quarter Operating Results
COLUMBUS, Ohio, Dec. 15 /PRNewswire-FirstCall/ — Retail Ventures, Inc. (NYSE: RVI) today announced its consolidated financial results for the third quarter ended October 31, 2009.
