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TECH 13 Sep 2016 | 12:00 AM

Planning to cash in on an old iPhone? Act fast

The clock is ticking for iPhone owners hoping to help pay for an upgrade by selling their old phones.

TECH 03 May 2016 | 5:03 AM

Amazon's profit and revenue surge sweeps away doubts

Amazon.com Inc's shares jumped in early trading on April 29, a day after the company reported profit and revenue that swept away analysts' estimates along with doubts about the online retailer's investment spree.

TECH 25 Jul 2013 | 11:41 AM

Surge in iPhone sales rings well with Apple investors

Apple Inc shares opened about 5% higher on Wednesday after the technology company's third-quarter profit beat analysts' expectations due to stellar sales of its iPhones.

Business 23 Feb 2015 | 7:45 AM

Investors sour on Canadian banks ahead of earnings

TORONTO: Investor sentiment in Canadian banks has begun to sour ahead of earnings this week as short interest positions in the stocks have jumped and analysts have begun to get increasingly skittish about their prospects in a weakening Canadian economy.

Business 01 Oct 2015 | 12:00 AM

Glencore may sell future gold and silver output

LONDON: As Glencore Plc seeks to the stave off criticism over its debt pile that sent the shares plunging earlier this week, the company's next step may be to raise money by selling future production of gold and silver.

Technology 28 Jun 2012 | 12:00 AM

Not all of Wall Street ‘friending’ Facebook

Eight brokerages gave neutral ratings and one had a 'sell' rating.

Business 28 Apr 2009 | 12:00 AM

Swine flu could mean new threat to US and global economy

The U.S. economy, which was showing tentative early signs of a recovery, faces a potentially grave new threat: swine flu. A widespread outbreak could batter the tourism, food and transportation industries in particular, deepening the recession in the U.S. and possibly worldwide

Business 13 Nov 2012 | 12:00 AM

Cisco to meet quarterly target, disappointment expected on outlook

NEW YORK: Tech investors hoping for good news may have to look further than Cisco Systems Inc's CSCO.Oquarterly report as analysts expect Chief Executive John Chambers to be pessimistic in his forecast for the coming year.

Business 15 Sep 2012 | 12:00 AM

Fed's QE3 program seen totaling $600 billion

NEW YORK: The Federal Reserve will buy a total of $600 billion of bonds under its new stimulus program announced Thursday, known as QE3, and will look for a U.S. unemployment rate of 7 percent before it halts the program, according to the median of forecasts from a Reuters poll on Friday.

Business 02 Aug 2014 | 6:54 AM

Slot machine maker Scientific Games to buy rival Bally in US$3.27bil deal

WASHINGTON: U.S. Slot machine maker Scientific Games Corp will buy larger rival Bally Technologies Inc in a US$3.27 billion deal, the latest in a consolidating U.S. gaming industry.