Industries
Coca-Cola Fourth-Quarter Profit Rises 55% as Sales Gain in India, China Coca-Cola Co., the world’s largest
soft-drink maker, said fourth-quarter profit gained 55 percent
as volume sales grew in China and India. The shares rose the
most in more than five months.
McDonald's January Sales Rise 2.6%, Top Estimates, on Demand in Asia, U.K. McDonald’s Corp., the world’s largest
restaurant company, said global sales rose 2.6 percent in
January, topping some analysts’ estimates, as demand in Asia and
the U.K. countered a decline in the U.S.
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Crude Oil Trades Below $74 After Advancing as Dollar Weakens Against Euro Crude oil traded below $74 a barrel
in New York after rising as the dollar weakened against the euro
on speculation the European Union will aid Greece with its
budget deficit.
India to Complete Building First Oil Storage Tank by Middle of Next Year India will complete building its
first crude oil storage terminal by the middle of next year as
it seeks to insulate the country against price fluctuations and
ensure fuel supplies.
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MetLife Said to Weigh Using $8 Billion of Stock to Fund AIG Alico Buyout MetLife Inc. may use stock to pay for
more than half of the planned $15 billion purchase of an
American International Group Inc. life insurance unit, said
three people with knowledge of the matter.
Commonwealth Bank Forecasts Stronger Demand for Loans After Record Profit Commonwealth Bank of Australia, the
nation’s biggest lender, forecast strengthening demand for loans
and fewer bad debts after posting record profit in its fiscal
first half as the financial crisis abates.
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Gilead's Quad Pill for AIDS May Overtake Atripla Sales, COO Milligan Says Gilead Sciences Inc., the world’s
biggest maker of AIDS medicines, will begin three final-stage
tests in 2010 for a four-drug combination pill against HIV that
has the potential to generate $4 billion a year by 2014.
Amgen's Denosumab Helps Bones of Prostate Cancer Patients More Than Rival Amgen Inc.’s experimental drug
denosumab reduced the rate of fractures in patients with
prostate cancer, a use that may help the drug gain a broad
market as a bone-strengthening treatment.
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MetLife Said to Weigh Using $8 Billion of Stock to Fund AIG Alico Buyout MetLife Inc. may use stock to pay for
more than half of the planned $15 billion purchase of an
American International Group Inc. life insurance unit, said
three people with knowledge of the matter.
Paulson Tells Buffett U.S. to Get `Every Penny' of Bailout Back from Banks Former Treasury Secretary Henry
Paulson, responding to a question from billionaire Warren
Buffett, said the U.S. government will be repaid in full for the
funds it put into the country’s lenders.
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`Blind Pools' Lose Appeal as Ziman, Callahan Plan Real Estate IPO Comeback Richard Ziman and Timothy Callahan
want to raise money in the equity market after selling their
real estate companies for a combined $12 billion before the
property crash. Investors may balk at bankrolling their return.
Terreno IPO Prices on Third Attempt After Size of Offering Reduced by 42% Terreno Realty Corp., the first U.S.
company to postpone an initial public offering this year, raised
$175 million in its third attempt after chopping the amount it
sought to raise by 42 percent.
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Disney Profit Tops Analysts' Estimates on TV Gains, Stablizing Parks Unit Walt Disney Co., the world’s biggest
media company, reported fiscal first-quarter profit that beat
analysts’ estimates as TV revenue rose and theme-park results
stabilized.
Google Adds Social-Networking Feature to Gmail Program, Taking on Facebook Google Inc., the world’s most popular
search engine, added a social-networking feature to its Gmail e-
mail software, taking on market leader Facebook Inc.
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Toyota Faces U.S. Recall Probe With Lobbying Budget Bigger Than Chrysler's Toyota Motor Corp. is armed with one
of the auto industry’s biggest lobbying budgets as it faces U.S.
government and congressional inquiries into millions of vehicles
recalled for sudden acceleration.
Honda Expands U.S. Recall to 378,758 More Autos to Fix Flaws in Air Bags Honda Motor Co., Japan’s second-
largest automaker, for a second time expanded a U.S. recall for
air bags that can deploy with too much pressure, adding 378,758
vehicles.
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