News archive from 9 February 2012

US STOCKS-Wall St ends flat; Cisco gains after the bell

* Cisco rises late after earnings, Groupon tumbles * High-profile Wall Streeters bullish on stocks * Indexes: Dow flat, S&P up 0.2, Nasdaq up 0.4 pct * For up-to-the-minute market news, see (Adds Cisco and Groupon results after the bell) By Ryan...

 
Singer June Tabor sweeps BBC Radio 2 Folk Awards

Singer June Tabor sweeps BBC Radio 2 Folk Awards

Singer June Tabor, one of the venerated veterans of the English folk scene, has won four prizes at the BBC Radio 2 Folk Awards at The Lowry theatre in Salford. Tabor was named folk singer of the year for the second time in her career. And her...

BBC, 22:20 in Art & Culture
 

Greek deal prospects rise, euro ministers to meet

Eurogroup chairman Jean-Claude Juncker invited ministers from the 17-nation single currency area to meet on Thursday evening and the International Monetary Fund said managing director Christine Lagarde would also attend. They are expected to examine a...

Reuters, 22:25 in Business
 

GLOBAL MARKETS-Stocks inch up, euro near flat; Greece deal eyed

* Investors look to Greece for reform plan * Italy economic performance discouraging By Caroline Valetkevitch NEW YORK, Feb 8 (Reuters) - World stocks edged higher and the euro ended flat on Wednesday as investors focused on whether the latest meeting...

 
Groupon reports unexpected loss

Groupon reports unexpected loss

Daily voucher company Groupon has reported an unexpected loss. In its first set of results since listing on Nasdaq stock exchange in November, Groupon reported a net loss of $42.7m (£27.0m), when a small profit had been expected. The loss for the...

BBC, 22:35 in Business
 
Cisco sees profits rise over 43%

Cisco sees profits rise over 43%

Technology giant Cisco, saw a 43.5% rise in net profits to $2.2bn (£1.3bn) for the three months to 28 January 2012, compared with the same period in 2011. Cisco's results come after a prolonged period of cost-cutting, which saw the firm shed more...

BBC, 22:35 in Business
 
Glencore-Xstrata deal unsettles Swiss left wing

Glencore-Xstrata deal unsettles Swiss left wing

The Alpine nation is struggling to restore its tarnished image as the United States cracks down on hidden offshore accounts held by wealthy Americans in secretive Swiss banks. Many of the world's leading mining firms are headquartered in Switzerland...

Reuters, 22:48 in Business
 
THE CITY INTERVIEW: RBS chief Hester admits that job is 'one of the toughest jobs in the world'

THE CITY INTERVIEW: RBS chief Hester admits that job is 'one of the toughest jobs in the world'

As politicians and business figures engaged in a furious war of words about Stephen Hester"s bonus over the past two weeks, the Royal Bank of Scotland supremo remained silent. Now he has decided to put his side of the story in a charm offensive...

 
News Corp profits swing to growth

News Corp profits swing to growth

Media giant News Corporation has seen its net profits rise 65% in the three months to the end of December 2011 compared to the same period in 2010. The rise is the first time that News Corp's profits have grown compared to 2010 since since 1 January...

BBC, 22:57 in Business
 
Greece bailout: Coalition fail to agree cuts

Greece bailout: Coalition fail to agree cuts

Greek Prime Minister Lucas Papademos has failed to secure the support of his coalition for a raft of new austerity measures, reports say. He was meeting officials from three parties to try to secure a deal leading to a fresh bailout package. Proposed...

BBC, 23:28 in Business
 
SUNDERLAND EDGE OUT BORO

SUNDERLAND EDGE OUT BORO

Stephane Sessegnon's extra-time strike secured a 2-1 win over Middlesbrough as Sunderland booked an FA Cup fifth-round clash with Arsenal in dramatic style. The Benin international blasted home a 112th-minute winner to send the Barclays Premier...

Daily Star, 23:31 in Sport
 
EXCLUSIVE: Chelsea owner Roman piles pressure on £28m Villas-Boas

EXCLUSIVE: Chelsea owner Roman piles pressure on £28m Villas-Boas

The owner has been monitoring Villas-Boas"s sessions and even demanded to know the team"s tactics ahead of Chelsea"s 3-3 draw with Manchester United in the Premier League on Sunday. Villas-Boas has also had several conversations with...

Daily Mail, 00:02 in Sport
 
SIX NATIONS 2012: MOURITZ BOTHA WILL PUT OUT ITALIAN FIRE

SIX NATIONS 2012: MOURITZ BOTHA WILL PUT OUT ITALIAN FIRE

MOURITZ BOTHA has left his days as an asbestos remover behind him but is now ready to tear strips off Italy. The blond-haired lock came to England from South Africa eight years ago when he subsidised playing by switching between a carpet washing...

Daily Star, 00:04 in Sport
 
KIRK DIXON IN AID VOW TO BLAKE GREEN

KIRK DIXON IN AID VOW TO BLAKE GREEN

KIRK DIXON has offered to help stricken Hull KR half-back Blake Green. The Rovers star is expected to miss most of the season due to a blood clot in his leg. And nobody knows better than Dixon about the potentially-fatal illness. The Castleford...

Daily Star, 00:04 in Sport
 
SIX NATIONS 2012: BRADLEY DAVIES HANDED SUSPENSION

SIX NATIONS 2012: BRADLEY DAVIES HANDED SUSPENSION

BRADLEY DAVIES is out of Wales’ Six Nations campaign after being suspended for a spear tackle on Donnacha Ryan. Davies, 25, has been suspended for seven weeks following his tackle on the Irishman on Sunday. The Wales lock was sinbinned after the...

Daily Star, 00:04 in Sport
 


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