Articles tagged with 2012
Fri, May 25, 2012
Lionel Richie's "Tuskegee" Now the Second-Best-Selling Album of 2012
What a year it's been for Lionel Richie. The veteran singer's smash Tuskegee has just overtaken Whitney Houston 's Whitney: The Greatest ...
Fri, May 25, 2012
England lose third choice keeper Ruddy for Euro 2012
LONDON (Reuters) - England's third choice goalkeeper John Ruddy has been ruled out of Euro 2012 after breaking a finger in training, the Football ...
Thu, May 24, 2012
'The Vampire Diaries' Lead the 2012 Teen Choice Award Nominations
By Kelly Schremph, Hollywood.com Staff
The first batch of Teen Choice Award nominations for 2012 have just been announced and it's no ...
Thu, May 24, 2012
Watch This, Not That: Best of the 2012 TV Upfronts VIDEO
From Hollywood.com Staff
By Aly Semigran and Kelsea Stahler
Every year, the networks present all their new material in a series of events ...
Thu, May 24, 2012
Sen. Murkowski's fresh energy plan to look beyond 2012
By Roberta Rampton and Ayesha Rascoe
WASHINGTON (Reuters) - Frustrated by the gridlock that has stalled Congress leading into the 2012 presidential elections in November ...
Wed, May 23, 2012
'The Vampire Diaries' Lead the 2012 Teen Choice Award Nominations
By Kelly Schremph, Hollywood.com Staff
The first batch of Teen Choice Award nominations for 2012 have just been announced and it's no ...
Wed, May 23, 2012
Watch This, Not That: Best of the 2012 TV Upfronts VIDEO
From Hollywood.com Staff
By Aly Semigran and Kelsea Stahler
Every year, the networks present all their new material in a series of events ...
Tue, May 22, 2012
World Bank cuts China forecast, urges measured policy
By Koh Gui Qing
BEIJING (Reuters) - The World Bank cut its economic growth forecast for China this year to 8.2 percent on Wednesday ...
Tue, May 22, 2012
Networks Release 2012-2013 Schedules: How It Will Affect Your TV Regime
By Michael Arbeiter, Hollywood.com Staff
Television is one of the few addictive substances that actually produces a very consistent personal schedule. On Tuesdays ...
Tue, May 22, 2012
Cannes 2012 in the Can: How to See the Fest's Biggest Movies
By Matt Patches, Hollywood.com Staff
The prestigious Cannes Film Festival, which kicks off its 65th year on May 16, is the unspoken starting ...
Mon, May 21, 2012
Networks Release 2012-2013 Schedules: How It Will Affect Your TV Regime
By Michael Arbeiter, Hollywood.com Staff
Television is one of the few addictive substances that actually produces a very consistent personal schedule. On Tuesdays ...
Mon, May 21, 2012
Flame goes out for first time in 2012 relay
By Clare Kane
LONDON (Reuters) - The Olympic flame went out on Monday for the first time during the torch relay around Britain ahead of ...
Fri, May 18, 2012
Stevie Wonder to Perform with Alicia Keys at 2012 Billboard Music Awards
Stevie Wonder will be presented with the prestigious Icon Award by Alicia Keys at this Sunday night's Billboard Music Awards, airing on ABC ...
Fri, May 18, 2012
House Democratic "Super PAC" raised $1 million since March
By Alina Selyukh and Alexander Cohen
WASHINGTON (Reuters) - House Majority PAC, a "Super PAC" aimed at helping elect Democrats to the U.S. House ...
Wed, May 16, 2012
Jefferson Starship Beefing Up 2012 Tour Schedule
The Jefferson Starship is getting ready to take off on a new series of tour dates around the U.S. The veteran rockers' stateside ...
Tue, May 15, 2012
Neil Young & Crazy Horse Set to Headline 2012 Voodoo Music Experience
Neil Young & Crazy Horse have been confirmed as one of the headliners for this year's edition of the annual Voodoo Music Experience, scheduled ...
Tue, May 15, 2012
Analysis: For energy companies 2012 likely to be fraught with pricing peril
By Caroline Valetkevitch
(Reuters) - Just six months ago energy companies were the kings of the hill, delivering stronger results than any other market sector ...
Mon, May 14, 2012
Brazil economy to miss 2012 growth target: sources
By Luciana Otoni and Patricia Duarte
BRASILIA/SAO PAULO (Reuters) - Senior members of Brazil's government now believe the economy will expand less than ...
Mon, May 14, 2012
Outsourcer Serco on track for 2012 as UK improves
LONDON (Reuters) - Outsourcing firm Serco
Sun, May 13, 2012
IMF cuts sub-Saharan Africa 2012 growth forecasts
By Helen Nyambura-Mwaura
JOHANNESBURG (Reuters) - Sub-Saharan Africa's economies will expand at a slower rate in 2012 than earlier projected, undermined by global financial ...
Sun, May 13, 2012
Fox's 2012 Series Pickups: Kevin Bacon, Mindy Kaling, and the Mob
By Kelsea Stahler, Hollywood.com Staff
While Fox may earn most of its reputation from goofy cartoon sitcoms, singing dramedies, American Idol and Zooey ...
Sun, May 13, 2012
Barn Theater announces its 2012 summer schedule
AUGUSTA (WKZO) -- The plays scheduled for Augusta’s historic Barn Theatre this summer includes everything from Rogers and Hart to Monty Python. The state ...
Thu, May 10, 2012
Fox's 2012 Series Pickups: Kevin Bacon, Mindy Kaling, and the Mob
By Kelsea Stahler, Hollywood.com Staff
While Fox may earn most of its reputation from goofy cartoon sitcoms, singing dramedies, American Idol and Zooey ...
Thu, May 10, 2012
The Best Of WonderCon 2012: 'Spider-Man,' 'Snow White,' and 'Prometheus'
By Margaret Hartmann, Hollywood.com Staff
Ridley Scott, Emma Stone, and Joseph Gordon-Levitt, were also on hand to promote their upcoming projects. If you ...
Thu, May 10, 2012
Kristen Stewart: Why You'll Rethink the 'Twilight' Star in 2012
By Matt Patches, Hollywood.com Staff
The success of a mega-franchise can be bittersweet for those involved. When a series goes full on phenomenon ...
Thu, May 10, 2012
Russell Brand to host 2012 MTV Movie Awards
LOS ANGELES (Reuters) - Russell Brand will host the MTV Movie Awards for the first time when it airs in June, bringing his style of ...
Thu, May 10, 2012
Five facts about the London 2012 torch
ANCIENT OLYMPIA, Greece (Reuters) - The London 2012 Olympics torch was lit by the sun's rays in ancient Olympia on Thursday, kicking off a ...
Thu, May 10, 2012
Olympia torch lighting starts London countdown
By Karolos Grohmann and Deepa Babington
ANCIENT OLYMPIA, Greece (Reuters) - The countdown to the London Olympics began with the kindling of the Games torch ...
Thu, May 10, 2012
Apple, supplier Foxconn to share costs on improving factories
By John Ruwitch
SHANGHAI (Reuters) - Apple Inc and its key supplier Foxconn Technology Group will share the initial costs of improving labor conditions at ...
Wed, May 09, 2012
The Best Of WonderCon 2012: 'Spider-Man,' 'Snow White,' and 'Prometheus'
By Margaret Hartmann, Hollywood.com Staff
Ridley Scott, Emma Stone, and Joseph Gordon-Levitt, were also on hand to promote their upcoming projects. If you ...
Wed, May 09, 2012
Kristen Stewart: Why You'll Rethink the 'Twilight' Star in 2012
By Matt Patches, Hollywood.com Staff
The success of a mega-franchise can be bittersweet for those involved. When a series goes full on phenomenon ...
Wed, May 09, 2012
'Men In Black 3D' Invades Memorial Day 2012
By Daniel Hubschman, Hollywood.com Staff
Source: The Wrap
No surprise here. Columbia Pictures announced today that director Barry Sonnenfeld and Will Smith are ...
Wed, May 09, 2012
The 2012 Summer Movie Must-Sees
By Matt Patches, Hollywood.com Staff
May is in full swing, and you know what that means: 'tis the season for Hollywood's biggest ...
Wed, May 09, 2012
Kloeckner & Co warns on 2012 profit on weak Europe
FRANKFURT (Reuters) - Kloeckner & Co
Tue, May 08, 2012
'Men In Black 3D' Invades Memorial Day 2012
By Daniel Hubschman, Hollywood.com Staff
Source: The Wrap
No surprise here. Columbia Pictures announced today that director Barry Sonnenfeld and Will Smith are ...
Tue, May 08, 2012
The 2012 Summer Movie Must-Sees
By Matt Patches, Hollywood.com Staff
May is in full swing, and you know what that means: 'tis the season for Hollywood's biggest ...
Tue, May 08, 2012
Stevie Wonder to Receive Icon Award at 2012 "Billboard" Music Awards
Stevie Wonder will receive the prestigious Icon Award at the 2012 Billboard Music Awards, and will be saluted with an all-star tribute during the ...
Tue, May 08, 2012
Factory, services revenue to rise in 2012: ISM
NEW YORK (Reuters) - Economic growth is expected to continue for the rest of the year, with revenue in the manufacturing and services sectors seen ...
Mon, May 07, 2012
Republicans take the "initiative" in 2012 vote
By Patricia Zengerle
WASHINGTON (Reuters) - Many conservatives are unexcited about Mitt Romney's presidential candidacy, but Republicans are counting on them to come out ...
Sun, May 06, 2012
Karl Guenther column: Concerned
A good many years ago a colleague scornfully derided a protest group simply by over emphasizing the “concerned” portion of the group title. I ...
Sun, May 06, 2012
VIDEO: 2012 Kalamazoo Marathon champions: Justin Gillette, Nicole Clement
KALAMAZOO (WKZO) -- Just after crossing the finish line, a slightly breathless Justin Gillette told reporters he may as well keep running to finish the ...
Sun, May 06, 2012
Kalamazoo Marathon 2012 Picture Gallery
Sun, May 06, 2012
VIDEO: 2012 Kalamazoo Marathon 5k winners set record pace
KALAMAZOO (WKZO) -- Kyle Mena is a familiar name to Kalamazoo. A 2004 graduate of Portage Northern High School, Mena set the blistering pace for ...
Sat, May 05, 2012
HBO's 2012 Rock and Roll Hall of Fame Induction Ceremony Special Debuts Saturday
On April 14, the Rock and Roll Hall of Fame welcomed the latest group of musical luminaries into the hallowed Cleveland institution, including The ...
Sat, May 05, 2012
Obama ramps up campaign, knocks Romney's CEO past
By Jeff Mason
COLUMBUS, Ohio (Reuters) - U.S. President Barack Obama used his first rallies of the 2012 campaign on Saturday to attack Republican ...
Wed, May 02, 2012
'Once', Philip Seymour Hoffman, Andrew Garfield Earn 2012 Tony Nods
By Aly Semigran, Hollywood.com Staff
It was a great big morning for the Great White Way: The nominations for the 66th Annual Tony ...
Tue, May 01, 2012
'Once', Philip Seymour Hoffman, Andrew Garfield Earn 2012 Tony Nods
By Aly Semigran, Hollywood.com Staff
It was a great big morning for the Great White Way: The nominations for the 66th Annual Tony ...
Mon, April 30, 2012
VIDEO: U.S. Senator Stabenow talks 2012 farm bill in Kalamazoo
KALAMAZOO (WKZO) -- U.S. Senator Debbie Stabenow was in Kalamazoo Monday speaking to the Rotary Club about the progress of Michigan particularly in the ...
Mon, April 30, 2012
S&P 500 flirts with two-month low before rebound
By Angela Moon
NEW YORK (Reuters) - Stocks fell for the fifth day in six on Wednesday as investors kept their focus on the turmoil ...
Sun, April 29, 2012
Sharapova beats top seed Azarenka for first 2012 title
STUTTGART, Germany (Reuters) - Russia's Maria Sharapova beat world number one Victoria Azarenka 6-1 6-4 in the Stuttgart clay court final on Sunday to ...
Sat, April 28, 2012
Drew Nowak signs free-agent contract with Jacksonville
KALAMAZOO (WKZO) – Drew Nowak joined the growing list of Western Michigan players picked up by NFL teams in the 2012 draft, signing an undrafted ...
Fri, April 27, 2012
Sanofi strong in emerging markets as rivals flag
By Elena Berton
PARIS (Reuters) - French drugmaker Sanofi posted better-than-expected quarterly results, bolstered by strong emerging markets, breaking with a trend of earnings misses ...
Fri, April 27, 2012
Nobel Biocare strikes cautious note on 2012
ZURICH (Reuters) - Swiss dental implant maker Nobel Biocare beat analyst profit expectations on Friday and gave a cautious outlook on the global dental market ...
Thu, April 26, 2012
Shell CFO: Wet gas switch will drop 2012 US production
NEW YORK (Reuters) - Royal Dutch Shell Plc
Wed, April 25, 2012
TV's Seven Craziest 'WTF' Moments of 2012 ... So Far
On Sunday night, the TV-viewing public — or at least a relatively small, geeky-ish fraction thereof — let out a collective gasp when Melisandre (spoiler alert ...
Wed, April 25, 2012
Instant View: Fed raises forecast for 2012 GDP growth
NEW YORK (Reuters) - Fed raises forecast for 2012 GDP growth, lowers forecast for 2012 unemployment rate, raises forecast for 2012 core inflation.
COMMENTS:
JOSEPH ...
Wed, April 25, 2012
Can cash-strapped Detroit afford the 2012 election?
By Patricia Zengerle
(Reuters) - The economy looms large over November's general election in a basic way for strapped cities and counties: can they ...
Wed, April 25, 2012
Fewer storms forecast for 2012 Atlantic hurricane season
By Tom Brown
MIAMI (Reuters) - The 2012 Atlantic hurricane season is projected to be less active than in recent years with 11 tropical storms ...
Tue, April 24, 2012
TV's Seven Craziest 'WTF' Moments of 2012 ... So Far
On Sunday night, the TV-viewing public — or at least a relatively small, geeky-ish fraction thereof — let out a collective gasp when Melisandre (spoiler alert ...
Tue, April 24, 2012
Olympic torch wins UK Design of the Year 2012 award
LONDON (Reuters) - The designers of London's Olympic torch have won the Design of the Year 2012 award, organizers announced on Tuesday.
London studio ...
Mon, April 23, 2012
Hollywood.com's Guide to Spring 2012's TV Finales
Your DVR is probably getting whatever the DVR version of a shin splint is by now because it's almost season finale time! A ...
Sun, April 22, 2012
Cannes 2012: Pattinson, Stewart, LaBeouf and Efron Ready to Prove Themselves
The movie world's highest of high brow event is indubitably Festival de Cannes, the annual French film fest that handpicks the finest works ...
Sat, April 21, 2012
Cannes 2012: Pattinson, Stewart, LaBeouf and Efron Ready to Prove Themselves
The movie world's highest of high brow event is indubitably Festival de Cannes, the annual French film fest that handpicks the finest works ...
Fri, April 20, 2012
Cannes 2012: Pattinson, Stewart, LaBeouf and Efron Ready to Prove Themselves
The movie world's highest of high brow event is indubitably Festival de Cannes, the annual French film fest that handpicks the finest works ...
Fri, April 20, 2012
2012 Record Store Day Offers a Bounty of Cool Limited-Edition Releases
It's time to rejoice, audiophiles! Saturday, April 21, marks the fifth annual installment of Record Store Day, which is celebrated at independent music ...
Fri, April 20, 2012
Nestle sees tough 2012 after price hikes help sales
By Emma Thomasson
ZURICH (Reuters) - Nestle
Thu, April 19, 2012
Cannes 2012: Pattinson, Stewart, LaBeouf and Efron Ready to Prove Themselves
The movie world's highest of high brow event is indubitably Festival de Cannes, the annual French film fest that handpicks the finest works ...
Thu, April 19, 2012
Pitt, Kidman films to premiere at Cannes in 2012
By Alexandria Sage
PARIS (Reuters) - Movies starring Brad Pitt and Nicole Kidman will premiere in Cannes this year, as the world's biggest film ...
Thu, April 19, 2012
DuPont off to a good start for 2012, CEO says
By Ernest Scheyder
NEW YORK (Reuters) - DuPont's
Thu, April 19, 2012
U.S. coal exports to China may double in 2012: Xcoal
By Fayen Wong
BEIJING (Reuters) - U.S. coal exports to China could more than double to over 12 million tonnes in 2012 thanks to ...
Wed, April 18, 2012
London enters final straight for 2012 Games
By John Mehaffey
LONDON (Reuters) - London entered the final straight in the run-up to the 2012 Olympics during a wet and windy spring day ...
Tue, April 17, 2012
Peyton's Broncos to open 2012 NFL season against Steelers
(Reuters) - Peyton Manning's first game as the Denver Broncos quarterback will be in primetime when they host the Pittsburgh Steelers on the opening ...
Tue, April 17, 2012
IBM boosts outlook; revenue shortfall hits shares
By Nicola Leske
(Reuters) - IBM's revenue fell slightly short of Wall Street expectations, sending its shares down almost 2 percent in late trade ...
Tue, April 17, 2012
Stevie Wonder, Neil Young & Crazy Horse Among Performers Lined Up for San Francisco's 2012 Outside Lands Festival
An impressive and eclectic list of artists will participate in the 2012 edition of San Francisco's annual Outside Lands festival, which will take ...
Mon, April 16, 2012
Matilda The Musical makes history at 2012 Olivier Awards
The West End production took home Best New Musical, Best Director (Matthew Warchus), Best Actor in a Musical (Bertie Carvel), and Best Actress in ...
Mon, April 16, 2012
Blake is toast of the 2012 Logie Awards
The funnyman was the toast of the Australian TV prizegiving in Melbourne after receiving the evening's highest honour, the Gold Logie, which is ...
Mon, April 16, 2012
U.S. airlines seen posting Q1 loss, 2012 profit
By Karen Jacobs
(Reuters) - Rising fuel prices pushed major U.S. airlines into the red for the first quarter and could pressure results during ...
Sat, April 14, 2012
2012 Rock and Roll Hall of Fame Induction Taking Place on Saturday
The Rock and Roll Hall of Fame will honor its Class of 2012 on Saturday night in Cleveland, with The Faces / Small Faces , Guns ...
Fri, April 13, 2012
Democratic Super PACs off to modest 2012 start
By Alina Selyukh and Alexander Cohen
WASHINGTON (Reuters) - Fundraising by Democratic "Super PACs" is off to a slow start for the 2012 campaign season ...
Thu, April 12, 2012
Hyundai U.S. sales could top 700,000 in 2012
DETROIT (Reuters) - Hyundai Motor Co <005380.KS> could see U.S. sales top 700,000 vehicles this year despite the Korean automaker's tight vehicle supplies ...
Thu, April 12, 2012
Hyundai U.S. sales could top 700,000 in 2012
DETROIT (Reuters) - Hyundai Motor Co <005380.KS> could see U.S. sales top 700,000 vehicles this year despite the Korean automaker's tight vehicle supplies ...
Thu, April 12, 2012
China growth seen slower in 2012, recovery mild: World Bank
By Nick Edwards
BEIJING (Reuters) - The World Bank cut its forecast for China's 2012 economic growth to 8.2 percent on Thursday and ...
Tue, April 10, 2012
Alcoa ups 2012 aerospace demand forecast
(Reuters) - Alcoa Inc has raised its forecast for aerospace demand growth this year by 3 percentage points, Chief Executive Officer and Chairman Klaus Kleinfeld ...
Sun, April 08, 2012
Kony 2012 sequel released
The documentarian, who is a co-founder of the group and narrated the original film, hit the headlines last month (Mar12) when he was arrested ...
Sat, April 07, 2012
Kony 2012 sequel released
The documentarian, who is a co-founder of the group and narrated the original film, hit the headlines last month (Mar12) when he was arrested ...
Fri, April 06, 2012
Kony 2012 sequel released
The documentarian, who is a co-founder of the group and narrated the original film, hit the headlines last month (Mar12) when he was arrested ...
Wed, April 04, 2012
Neil Patrick Harris To Host The 2012 Tony Awards
Neil Patrick Harris is set to host the 66th Annual Tony Awards and it's going to be….his third time as emcee for ...
Wed, April 04, 2012
Ford raises forecast for 2012 total U.S. auto sales
By Bernie Woodall
(Reuters) - Ford Motor Co
Wed, April 04, 2012
Ford raises 2012 U.S. auto sales forecast
(Reuters) - Ford Motor Co
Wed, April 04, 2012
Fiat sees Europe car sales down for fifth year
By Silvia Aloisi
TURIN, Italy (Reuters) - European new car sales will decline for the fifth year in a row in 2012 to 13 million ...
Wed, April 04, 2012
The Jacksons Announce Unity Tour 2012
Jackie, Jermaine, Marlon and Tito Jackson are getting their act together and taking it on the road. The four siblings, billing themselves as The ...
Tue, April 03, 2012
Neil Patrick Harris To Host The 2012 Tony Awards
Neil Patrick Harris is set to host the 66th Annual Tony Awards and it's going to be….his third time as emcee for ...
Mon, April 02, 2012
Upton launches attack ads in primary fight
ST. JOSEPH (WKZO) -- Congressman Fred Upton is taking his primary opponent seriously if his latest ad blitz is any indication. The St. Joseph Republican ...
Mon, April 02, 2012
Wall Street ends worst two weeks since November
By Ryan Vlastelica
NEW YORK (Reuters) - U.S. stocks closed their worst two-week slide since November with a selloff on Friday as disappointing China ...
Thu, March 29, 2012
Romney Jokes About Dad's Auto Decision
DETROIT (WKZO) -- Republican presidential hopeful, Mitt Romney joked about his father's decision in the 1950s to close a Detroit auto plant. While conducting ...
Thu, March 29, 2012
WMU Football announces 2012 schedule, kick off in Illinois
KALAMAZOO (WKZO) – The schedule for the 2012 Western Michigan University football team was released on Thursday. New to the schedule are Eastern Illinois (Sept ...
Wed, March 28, 2012
Russia sells $7 billion in Eurobonds, meets 2012 target
By Oksana Kobzeva and Jason Bush
MOSCOW (Reuters) - Russia hit its foreign currency borrowing target for 2012 when it drew strong demand for $7 ...
Tue, March 27, 2012
China Life plans to complete $6 billion sub-debt sale in 2012
By Alison Lui and Clare Baldwin
HONG KONG (Reuters) - China Life Insurance Co Ltd said on Tuesday it plans to complete the issuance of ...
Mon, March 26, 2012
NFC phone sales to jump to 100 million in 2012: research
(Reuters) - Some 100 million cellphones using Near-field Communication (NFC) technology will be sold this year, with sales more than tripling from a year ago ...
Sun, March 25, 2012
Boneta named CinemaCon's Rising Star of 2012
The little-known Mexican TV star gained his big break in Hollywood last year (11) after landing a lead role in the upcoming adaptation of ...
Sun, March 25, 2012
Reese Witherspoon, Jessica Simpson & Beyoncé: Meet the New Parents of 2012
Celebrity pregnancies are a common occurrence among the Hollywood realm, however, 2012 has already seen a plethora of baby bumps and births, and it ...
Sat, March 24, 2012
Boneta named CinemaCon's Rising Star of 2012
The little-known Mexican TV star gained his big break in Hollywood last year (11) after landing a lead role in the upcoming adaptation of ...
Sat, March 24, 2012
Reese Witherspoon, Jessica Simpson & Beyoncé: Meet the New Parents of 2012
Celebrity pregnancies are a common occurrence among the Hollywood realm, however, 2012 has already seen a plethora of baby bumps and births, and it ...
Sat, March 24, 2012
Paul McCartney Launches 2012 Tour on Saturday in Holland
Paul McCartney gets back on the road in Rotterdam, Holland, on Saturday, when he kicks off a new series of European dates as part ...
Fri, March 23, 2012
Boneta named CinemaCon's Rising Star of 2012
The little-known Mexican TV star gained his big break in Hollywood last year (11) after landing a lead role in the upcoming adaptation of ...
Fri, March 23, 2012
Reese Witherspoon, Jessica Simpson & Beyoncé: Meet the New Parents of 2012
Celebrity pregnancies are a common occurrence among the Hollywood realm, however, 2012 has already seen a plethora of baby bumps and births, and it ...
Thu, March 22, 2012
Reese Witherspoon, Jessica Simpson & Beyoncé: Meet the New Parents of 2012
Celebrity pregnancies are a common occurrence among the Hollywood realm, however, 2012 has already seen a plethora of baby bumps and births, and it ...
Thu, March 22, 2012
KONY 2012 filmmaker was psychotic during naked meltdown
Russell was seized by cops in San Diego, California last Thursday (15Mar12) for public drunkenness and masturbation following reports he was seen committing an ...
Thu, March 22, 2012
Braves' Chipper Jones to retire after 2012 season
(Reuters) - Atlanta Braves third baseman Chipper Jones plans to retire at the end of the 2012 Major League Baseball season, the team said on ...
Thu, March 22, 2012
Yes Announces First US Shows of 2012
Yes has scheduled its first two U.S. concerts of the year. The prog-rock legends will play a pair of shows in Hawaii -- April ...
Wed, March 21, 2012
KONY 2012 filmmaker was psychotic during naked meltdown
Russell was seized by cops in San Diego, California last Thursday (15Mar12) for public drunkenness and masturbation following reports he was seen committing an ...
Wed, March 21, 2012
Kristen Stewart: Why You'll Rethink the 'Twilight' Star in 2012
The success of a mega-franchise can be bittersweet for those involved. When a series goes full on phenomenon, it catapults the talent into the ...
Wed, March 21, 2012
UAE's Emal sales to U.S. to more than double in 2012
By Maha El Dahan
ABU DHABI (Reuters) - Emirates Aluminium (Emal), a joint venture between Abu Dhabi's Mubadala and Dubai Aluminium (Dubal), is looking ...
Tue, March 20, 2012
U.S. to determine Afghanistan troop pull-out by end-2012
By Missy Ryan and Susan Cornwell
WASHINGTON (Reuters) - President Barack Obama's top commander in Afghanistan will make recommendations about how quickly the United ...
Tue, March 20, 2012
Tiffany gives upbeat 2012 forecast, shares up
By Phil Wahba
(Reuters) - Tiffany & Co
A rebound in the U.S. stock market and easing in the debt crisis in Europe have helped business after the New York-based chain said in January that many customers had been "restrained" in their spending during the holiday season.
"That was the first warning that the luxury party was coming to an end, but now it seems it was just a speed bump," said Morningstar analyst Paul Swinand.
So far this quarter, which includes the Valentine's Day holiday, sales are "tracking in line" with the company's expectations, Chief Executive Michael Kowalski said in a statement. Valentine's Day is typically the third-biggest selling event for the jewelry industry.
For the fiscal year that ends next January, Tiffany expects global net sales to be up 10 percent, led by gains in Asia and the Americas. That would be an improvement over the soft holiday sales, but still below last year's 18 percent clip.
The company forecast a full-year profit of between $3.95 and $4.05 per share, above Wall Street estimates of $3.93, according to Thomson Reuters I/B/E/S.
Tiffany, which operates 247 stores worldwide, plans to add 24 stores this year - including new stores in Montreal, Salt Lake City and the SoHo district of Manhattan, and seven more in Asia.
The company said that much of its profit growth for the year will occur later in 2012, thanks partly to a jewelry tie-in with the upcoming "Great Gatsby" motion picture starring Leonardo DiCaprio.
Tiffany is also planning to carry 15 percent more inventory this year to support the chain's 175th anniversary.
Kowalski told analysts on a conference call that Tiffany was still gunning for long-term sales gains of 10 to 12 percent per year, and a 15 percent increase in annual earnings.
HELP FROM TOURISTS
Tiffany reported net income of $178.4 million, or $1.39 per share, for the fiscal fourth quarter ended January 31, down from $181.2 million, or $1.41 per share, a year earlier. That was below the $1.42 per share that Wall Street analysts were expecting.
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Graphic on Tiffany http://link.reuters.com/rev27s
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Sales increased 8 percent to $1.19 billion in the fourth quarter, in a marked slowdown from the pace of the first nine months of the fiscal year. Sales at stores open at least a year rose 5 percent.
European customers' anxiety about the debt crisis hurt business, with same-store sales falling 2 percent in that region, the only market to see a decline.
There was also some caution by shoppers in New York, where a drop in annual bonuses paid to Wall Street employees put a dent in high-end jewelry sales. Sales at Tiffany's iconic Fifth Avenue flagship rose by only 2 percent in the fourth quarter.
Things would have been worse without an influx of tourists to New York during the holiday season. Spending by foreign tourists accounted for some 40 percent of sales at Tiffany's Fifth Avenue store, which generated almost one-tenth of the company's total sales.
Other luxury retailers such as Saks Inc
Some 25 percent of Tiffany's sales in Europe came from non-European customers, mitigating some of the 2 percent decline in the region's same-store sales.
Asia excluding Japan remained a major source of growth for Tiffany, with same-store sales up 13 percent. That market now accounts for almost one-fifth of overall sales.
In Japan, Tiffany's second-largest market after the United States, business continued to recover from the tsunami and nuclear disaster of a year ago, with same-store sales up 4 percent.
Tiffany shares were up 6.9 percent at $73.44 at midday on the New York Stock Exchange.
(Reporting by Phil Wahba in New York; Editing by Lisa Von Ahn and Matthew Lewis)
Mon, March 19, 2012
The Best Of WonderCon 2012: 'Spider-Man,' 'Snow White,' and 'Prometheus'
This past weekend at WonderCon 2012, thousands of fans gathered in Anaheim, California for a celebration of all things sci-fi and comic book related ...
Mon, March 19, 2012
KONY 2012 director's wife urges charity bosses to keep up the good work
Russell, the man behind the hard-hitting KONY 2012 viral video, was arrested for alleged public drunkenness and masturbation in San Diego, California last week ...
Mon, March 19, 2012
Sheen's ex-goddess shoots sexy viral video to support KONY 2012 movement
The ex-porn star shot the promo after watching director Jason Russell's KONY 2012 viral video, which chronicles the war crimes of Lord's ...
Mon, March 19, 2012
Kristen Stewart: Why You'll Rethink the 'Twilight' Star in 2012
The success of a mega-franchise can be bittersweet for those involved. When a series goes full on phenomenon, it catapults the talent into the ...
Sat, March 17, 2012
Uganda responds to Kony 2012 video with own video
By Jocelyn Edwards
KAMPALA (Reuters) - Uganda's government has taken to the Internet to correct a "false impression" about the country it says was ...
Sat, March 17, 2012
France's Total to raise Ichthys stake later in 2012: chief
BEIJING (Reuters) - French oil giant Total's
Fri, March 16, 2012
Connacher Oil and Gas loss doubles, sees lower 2012 output
(Reuters) - Canada's Connacher Oil and Gas Ltd's
Thu, March 15, 2012
London 2012 venues showcase UK construction
By Avril Ormsby
LONDON (Reuters) - Many sports fans gasped in awe at Beijing's Olympic stadiums four years ago, wondering how Britain could possibly ...
Thu, March 15, 2012
SXSW 2012: 5 Stars Going Indie at the Fest
South by Southwest, like so many film fests, is a strange animal. With all the films playing at so many different locations, it's ...
Thu, March 15, 2012
VW Financial Services sees flat profits in 2012-2013
FRANKFURT, MARCH 15 - Volkswagen's
"Assuming ...
Wed, March 14, 2012
SXSW 2012: 5 Stars Going Indie at the Fest
South by Southwest, like so many film fests, is a strange animal. With all the films playing at so many different locations, it's ...
Wed, March 14, 2012
Developed economies to pick up steam in 2012: Reuters poll
By Jonathan Cable
LONDON (Reuters) - Developed economies will pick up steam this year thanks to an array of ultra-loose monetary policies from major central ...
Wed, March 14, 2012
Rod Stewart & Stevie Nicks Expand 2012 Heart & Soul Tour
It looks like Rod Stewart and Stevie Nicks are going to rock a little more together on the road this summer. Seven new dates ...
Wed, March 14, 2012
Hugo Boss sees sales growth slowing in 2012
BASEL, Switzerland (Reuters) - German fashion house Hugo Boss
Tue, March 13, 2012
Munich Re eyes limited 2012 hit from Greece
MUNICH (Reuters) - The Greek bond swap will cause only a small dent to Munich Re's
Mon, March 12, 2012
MTV Europe Music Awards return to Frankfurt in 2012
LONDON (Reuters) - The MTV Europe Music Awards (EMA) will be held on November 11 in Frankfurt, returning to the Germany city which also hosted ...
Mon, March 12, 2012
S&P 500 ends best week since December with quiet day
By Ryan Vlastelica
NEW YORK (Reuters) - The S&P 500 closed out its best week in three months with a slim gain on Friday ...
Mon, March 12, 2012
Volkswagen says technology costs to limit profits in 2012
By Andreas Cremer
WOLFSBURG, Germany (Reuters) - Volkswagen AG's pursuit of record profits may take a breather this year as Europe's largest car ...
Sun, March 11, 2012
Celebs Tweet Awareness of 'Kony 2012' Campaign
Joseph Kony has quickly become a household name ever since charity group Invisible Children took their Kony 2012 campaign viral with a 30-minute film ...
Sun, March 11, 2012
Black Crowes Singer's Chris Robinson Brotherhood Project to Release Two Albums in 2012
Black Crowes frontman Chris Robinson is gearing up to release the debut album by his new band, The Chris Robinson Brotherhood . Big Moon Ritual ...
Sun, March 11, 2012
Swatch eyes double-digit growth in 2012: paper
ZURICH (Reuters) - The chairwoman of watchmaker Swatch Group
"We have ...
Sat, March 10, 2012
Celebs Tweet Awareness of 'Kony 2012' Campaign
Joseph Kony has quickly become a household name ever since charity group Invisible Children took their Kony 2012 campaign viral with a 30-minute film ...
Sat, March 10, 2012
VIDEO: Kony 2012 sweeping the planet with over 65 million views on Youtube
UNDATED (WKZO) -- It began as a one man revolution to change how the world sees Ugandan warlord Joseph Kony. It has become an amazing ...
Fri, March 09, 2012
''Kony 2012'' director answers critics of video
By Christine Kearney
NEW YORK (Reuters) - The director of a video sensation that calls for the arrest of Joseph Kony, the fugitive rebel leader ...
Fri, March 09, 2012
Celebs Tweet Awareness of 'Kony 2012' Campaign
Joseph Kony has quickly become a household name ever since charity group Invisible Children took their Kony 2012 campaign viral with a 30-minute film ...
Fri, March 09, 2012
Billboard names Taylor Swift big money maker of 2012
By Piya Sinha-Roy
LOS ANGELES (Reuters) - Country singer Taylor Swift, 22, was named Billboard Magazine's biggest money maker on Friday, beating powerhouses U2 ...
Fri, March 09, 2012
Allman Brothers Band Kicks Off Its 2012 Beacon Theatre Residency on Friday
The 2012 edition of The Allman Brothers Band 's annual residency at the Beacon Theatre in New York City gets under way on Friday ...
Fri, March 09, 2012
Allman Brothers Band Kicks Off 2012 Beacon Theatre Residency on Friday, Butch Trucks Shares Some Details
The 2012 edition of The Allman Brothers Band 's annual residency at the Beacon Theatre in New York City gets under way on Friday ...
Thu, March 08, 2012
Power forehand helps Murray make storming start to 2012
By Mark Lamport-Stokes INDIAN WELLS, California (Reuters) - Andy Murray's storming 14-2 start to the season has been fuelled by a radically improved booming ...
Thu, March 08, 2012
Celebs Tweet Awareness of 'Kony 2012' Campaign
Joseph Kony has quickly become a household name ever since charity group Invisible Children took their Kony 2012 campaign viral with a 30-minute film ...
Thu, March 08, 2012
WATCH LIVE: The Trifecta broadcasting LIVE from the 2012 Home Expo
KALAMAZOO (WKZO) -- The 2012 Home Expo is underway at the old Sam's Club building across from Crossroads Mall. "The Trifecta" is broadcasting LIVE ...
Thu, March 08, 2012
Exxon Mobil sees dip in 2012 oil, gas output
NEW YORK (Reuters) - Exxon Mobil Corp
Wed, March 07, 2012
GE sees resource-rich LatAm, Mideast key to growth
By Jeb Blount
RIO DE JANEIRO (Reuters) - General Electric Co
Tue, March 06, 2012
The 2012 Experience Hendrix Tour Kick Off Tuesday in Maryland
The 2012 edition of the Experience Hendrix Tour, featuring an all-star lineup of performers playing the music of the late Jimi Hendrix , gets under ...
Tue, March 06, 2012
WATCH LIVE: President Obama holds first news conference of 2012
WASHINGTON DC (WKZO) -- President Barak Obama is holding his first press conference of 2012 today watch live below
Tue, March 06, 2012
Ferrari to showcase Enzo car replacement end-2012
GENEVA (Reuters) - Italian sportscar maker Ferrari will present its new Enzo supercar replacement to individual clients at the end of 2012, Ferrari Chairman Luca ...
Tue, March 06, 2012
Safeway forecasts higher profit for 2012
(Reuters) - Supermarket operator Safeway Inc
Ahead of an investor conference, Safeway forecasts earnings ...
Tue, March 06, 2012
Exclusive: Myanmar to float currency in 2012/13, unify FX rates
By a Reuters staff reporter
YANGON (Reuters) - Myanmar will begin a managed float of its currency in the fiscal year from April and develop ...
Mon, March 05, 2012
Watch Live: Construction at the 2012 Kalamazoo Home Expo
KALAMAZOO (WKZO) Construction and move-in began this morning at the 2012 Kalamazoo Home Expo. The show, located at 665 Mall Drive in Portage is ...
Mon, March 05, 2012
Whitesnake Taking a Break from Touring in 2012, Planning Live Releases
Whitesnake has announced that it will take a touring hiatus for the rest of 2012. In a statement posted on the band's official ...
Sun, March 04, 2012
China sets 2012 growth target at 7.5 percent, stability key
By Zhou Xin and Kevin Yao
BEIJING (Reuters) - China aims to grow its economy by 7.5 percent in 2012 by following procative fiscal ...
Sun, March 04, 2012
China cuts growth target to 8-year low, to boost consumption
By Zhou Xin and Kevin Yao
BEIJING (Reuters) - Chinese Premier Wen Jiabao cut his nation's 2012 growth target to an eight-year low of ...
Sun, March 04, 2012
China targets 2012 GDP of 7.5 percent: Premier Wen
BEIJING (Reuters) - China aims to grow its economy by about 7.5 percent in 2012 and sees inflation running at around 4 percent for ...
Sat, March 03, 2012
China boosts defense budget 11 percent after U.S. "pivot"
By Chris Buckley
BEIJING (Reuters) - China will boost military spending by 11.2 percent this year, the government said on Sunday, unveiling Beijing's ...
Fri, March 02, 2012
MLB expanding playoff format for 2012
(Reuters) - Major League Baseball (MLB) is expanding its postseason format by two teams to 10 in 2012, a decision that establishes a one-game playoff ...
Fri, March 02, 2012
Major League Baseball announces expansion of 2012 playoffs
UNDATED (WKZO) -- The Detroit Tigers chances of making the postseason just got a whole lot better. Major League Baseball announced that the field will ...
Fri, March 02, 2012
UCB sees 2012 earnings fall on Europe generic hit
BRUSSELS (Reuters) - Belgian drugmaker UCB
Thu, March 01, 2012
Jon Bon Jovi Headlining Tiger Woods' Tiger Jam 2012
Jon Bon Jovi will be the headline act for this year's Tiger Jam 2012, the annual charity event staged by Tiger Woods to ...
Wed, February 29, 2012
Ford may lose up to $600 million in Europe in 2012: CFO
By Deepa Seetharaman
DETROIT (Reuters) - Ford Motor Co
Wed, February 29, 2012
Cancer seen killing 1.3 million EU citizens in 2012
By Kate Kelland
LONDON (Reuters) - Almost 1.3 million people will die of cancer in the European Union this year, but death rates from ...
Wed, February 29, 2012
Facebook Pages to be on smartphones in 2012: executive
SAN FRANCISCO (Reuters) - Facebook marketing executive Mike Hoefflinger said on Wednesday that Facebook Pages will be available on smartphones later in 2012.
Hoefflinger also ...
Wed, February 29, 2012
HTC says to sell more smartphones in 2012
BARCELONA (Reuters) - Taiwanese group HTC is confident new models coming to market in April will turn around the ailing fortunes of the world's ...
Tue, February 28, 2012
Cancer seen killing 1.3 million EU citizens in 2012
By Kate Kelland
LONDON (Reuters) - Almost 1.3 million people will die of cancer in the European Union this year, but death rates from ...
Tue, February 28, 2012
Retrial between Oracle and SAP set for June 2012
By Dan Levine
SAN FRANCISCO (Reuters) - Oracle Corp and SAP AG are scheduled to kick off a retrial on June 18, 2012, over copyright ...
Mon, February 27, 2012
EBay sees strong mobile commerce volume growth in 2012
(Reuters) - EBay Inc forecast robust growth in its mobile commerce segment as the online commerce and auction site expects more people to shop and ...
Sun, February 26, 2012
"The Artist" wins "Best Picture" to cap 2012 Oscars
HOLLYWOOD (WKZO) The 2012 Oscars are underway in Hollywood at the Kodak Theatre. The biggest night in Hollywood is being hosted for the 9th ...
Sun, February 26, 2012
Samsung aims to nearly double smartphone sales in 2012
SEOUL (Reuters) - Samsung Electronics' mobile chief said it aimed to nearly double its smartphone sales in 2012 from last year, stepping up its battle ...
Wed, February 22, 2012
Oscars 2012: A year of comfort
By Bob Tourtellotte
LOS ANGELES (Reuters) - When the curtain rises on the Oscars this Sunday, nervous anticipation will, as usual, fill the theater at ...
Wed, February 22, 2012
Chickenfoot Announces Dates for the Different Devil Tour 2012
Chickenfoot is getting ready to hit the road this spring for the Different Devil Tour 2012 , which will take the supergroup across North America ...
Tue, February 21, 2012
Paul McCartney, Roger Daltrey to Perform at the 2012 Teenage Cancer Trust Concerts
Paul McCartney will headline the second night of the 2012 Teenage Cancer Trust benefit concerts, which will take place from March 28 through April ...
Tue, February 21, 2012
Waltz Ends Congressional Campaign Citing Life
KALAMAZOO (WKZO) -- Democratic challenger to Republican Congressman Fred Upton in this fall's election John Waltz has announced he is officially dropping out of ...
Tue, February 21, 2012
Mitt Romney Holds Town Hall In Shelby
SHELBY (WKZO) -- Republican presidential hopeful Mitt Romney talked about the economy at a town hall-style meeting Tuesday in Shelby Township.
At the event, held ...
Tue, February 21, 2012
Wall Street up on jobs data, brushes off Greek default
By Angela Moon
NEW YORK (Reuters) - Stocks advanced on Friday as investors brushed off the technical default by Greece and focused instead on another ...
Mon, February 20, 2012
China's Party leaders pledge prudent policies in 2012
BEIJING (Reuters) - China's ruling Communist Party leadership will implement prudent monetary policy and proactive fiscal policy in 2012, the official Xinhua news agency ...
Sun, February 19, 2012
Egypt tech spend fell in 2011, more gloom for 2012: IDC
By Matt Smith
DUBAI (Reuters) - Spending on information technology (IT) fell 13 percent in Egypt last year after the fall of former president Hosni ...
Fri, February 17, 2012
White House sees job growth accelerating in 2012
By Alister Bull
WASHINGTON (Reuters) - U.S. job creation will pick up this year as a moderate economic recovery continues, the White House said ...
Thu, February 16, 2012
Rocklahoma 2012 Lineup Includes Slash and Chickenfoot
The initial lineup has been announced for Rocklahoma 2012, the annual three-day festival that will take place in Pryor, Oklahoma, over Memorial Day weekend ...
Thu, February 16, 2012
Nestle cautious on 2012 as it seeks new growth
By Emma Thomasson
VEVEY, Switzerland (Reuters) - Nestle
Wed, February 15, 2012
Clearwire says 2012 revenue may fall, shares drop
NEW YORK (Reuters) - Clearwire Corp
Wed, February 15, 2012
GE's Rice sees China growth slowing in 2012
By Scott Malone
WASHINGTON (Reuters) - General Electric Co
Wed, February 15, 2012
2012 Olympics gives Samsung a window on European
By Avril Ormsby
LONDON (Reuters) - The view from Samsung's office in east London spans the 2012 Olympic Park, but the head of sports ...
Wed, February 15, 2012
2012 Olympics give Samsung a window on European market
By Avril Ormsby
LONDON (Reuters) - The view from Samsung's office in east London spans the 2012 Olympic Park, but the head of sports ...
Wed, February 15, 2012
Apple iPhone market share to slip from Q1: Gartner
(Reuters) - Apple, which became the world's largest smartphone vendor in the fourth quarter, will see its iPhone market share slipping for a couple ...
Wed, February 15, 2012
California economy to slowly improve in 2012: study
By Tim Reid
LOS ANGELES (Reuters) - California's economy, the biggest in the United States and the ninth-largest in the world, will see a ...
Tue, February 14, 2012
Romney Defends Auto Bailout Opposition
DETROIT (WKZO) -- Republican presidential candidate Mitt Romney is defending his stance against the government bailouts of General Motors and Chrysler. In an op-ed in ...
Mon, February 13, 2012
Oil demand and forecasts: getting it wrong again in 2012
By Dmitry Zhdannikov
LONDON (Reuters) - Trying to forecast world oil demand growth is a tricky job at the best of times. This year abnormal ...
Mon, February 13, 2012
Theme of captivity dominates Berlin films in 2012
By Mike Collett-White
BERLIN (Reuters) - Directors from around the world have tried to recreate the drama and trauma of captivity at this year's ...
Sun, February 12, 2012
2012 Grammy Award Winners List
Here are the winners in the main fields of the Grammy Awards, held Sunday night at the Staples Center in Los Angeles:
Record of ...
Sun, February 12, 2012
Rebranding Sarkozy: Too sullied a sell for 2012?
By Catherine Bremer
PARIS (Reuters) - In February 2007, a fiery Nicolas Sarkozy had millions convinced that he - a go-getter abandoned as an infant by ...
Fri, February 10, 2012
Romney wins 2012 straw poll of conservative activists
By Steve Holland
WASHINGTON (Reuters) - Mitt Romney won a presidential straw poll of Republican conservative activists on Saturday in a boost to his suddenly ...
Thu, February 09, 2012
LinkedIn upbeat for 2012 on members, product growth
By Nicola Leske
(Reuters) - Professional networking service LinkedIn's outlook for the current quarter and the full year surpassed expectations as the company banks ...
Thu, February 09, 2012
Rock and Roll Hall of Fame Adds Six Groups to 2012 Class
The Rock and Roll Hall of Fame's class of 2012 is expanding. According to Cleveland's Plain Dealer , six groups -- the Crickets , the ...
Wed, February 08, 2012
French revolution film launches 2012 Berlin festival
By Mike Collett-White
BERLIN (Reuters) - "Farewell My Queen", recalling the early days of the French Revolution through the eyes of servants at Versailles, has ...
Wed, February 08, 2012
French revolution film launches 2012 Berlin festival
By Mike Collett-White
BERLIN (Reuters) - "Farewell My Queen", recalling the early days of the French Revolution through the eyes of servants at Versailles, has ...
Wed, February 08, 2012
French revolution film in Berlin conjures Arab Spring
By Mike Collett-White
BERLIN (Reuters) - "Farewell My Queen," a sumptuous costume drama about the beginnings of the French Revolution, opened the Berlin film festival ...
Tue, February 07, 2012
North Carolina Congresswoman Myrick will not run in 2012
WINSTON-SALEM, North Carolina (Reuters) - North Carolina Republican Congresswoman Sue Myrick, a former mayor of Charlotte and vice chair of the House Energy and Commerce ...
Fri, February 03, 2012
Florida casino gambling bill is dead for 2012
By Michael Peltier
TALLAHASSEE, Florida (Reuters) - A bill that would have ushered in the largest gambling expansion in Florida history was withdrawn by its ...
Fri, February 03, 2012
China cabinet economist warns of "deflation" in 2012
BEIJING (Reuters) - China's headline consumer price index (CPI) is on track to fall on a month-to-month basis in the coming months and mark ...
Thu, February 02, 2012
Merck profit beats as research trimmed
(Reuters) - Merck & Co
Merck posted a fourth-quarter net profit of $1.51 billion, or 49 cents per share, compared with a loss of $531 million, or 17 cents a share, a year ago, when the company took a $1.7 billion charge related to a major clinical setback.
Excluding items, including acquisition and restructuring expenses, Merck earned 97 cents per share. Analysts, on average, expected 95 cents per share, according to Thomson Reuters I/B/E/S.
Global revenue rose 2 percent to $12.29 billion, just shy of Wall Street expectations of $12.53 billion.
Sales of Singulair, whose U.S. patent lapses in August, jumped 8 percent to almost $1.5 billion, well above any other Merck product. Sales of its Januvia diabetes drug soared 42 percent to $960 million, while a related combination product called Janumet jumped 34 percent to $386 million -- suggesting the fast-growing diabetes franchise will be able to help offset Singulair's approaching decline.
But sales of arthritis treatment Remicade fell 28 percent to $511 million following arbitration that assigns rival drugmaker Johnson & Johnson
Schering Plough and J&J had a longstanding agreement that divided up sales territories, but J&J demanded and won a more favorable arrangement after Merck bought Schering Plough.
Mark Schoenebaum, an analyst with ISI Group, said results were dampened by weak Remicade revenue and sales and administrative expenses that came in $141 million above expectations. He said earnings were bolstered, however, by research spending that was $145 million lower than Wall Street forecasts.
The company said it expects to seek approvals of five new medicines between 2012 and 2013. They include two products that have been delayed for years by regulators: Bridion, to reverse the effects of anesthesia, and Tredaptive, a form of niacin meant to raise "good" HDL cholesterol without causing facial flushing.
Merck said it expects full-year 2012 earnings of $3.75 to $3.85 per share, excluding special items. Analysts, on average, expect $3.83 per share. The forecast reflects earnings 0.5 percent lower to 2.1 percent higher than those seen in 2011.
(Reporting By Ransdell Pierson; Editing by Maureen Bavdek and Mark Porter)
Wed, February 01, 2012
Nokia revamp will hurt most of 2012 results: Chairman
By Tarmo Virki
HELSINKI (Reuters) - A major revamp at Nokia that includes a deal to use Microsoft Corp software in its smartphones will impact ...
Wed, February 01, 2012
Fiat-Chrysler 2012 profit targets beat forecasts
MILAN (Reuters) - Italian carmaker Fiat-Chrysler surprised the market with lower 2012 profit targets that were still better than expected, sparking a share rally as ...
Tue, January 31, 2012
Ringo Starr's Latest Album, "Ringo 2012," Released on Tuesday
Ringo Starr is back with his 17th solo album, the aptly titled Ringo 2012 , which was released on Tuesday. The nine-song collection features contributions ...
Tue, January 31, 2012
Investors kick off 2012 with defensive stance: Reuters polls
By Natsuko Waki
LONDON (Reuters) - Investors have begun 2012 in a cautious mood, with U.S. and Japanese asset managers worried about the euro ...
Tue, January 31, 2012
UPS profit tops Street view, sees 2012 growth
By Lynn Adler
(Reuters) - United Parcel Service
Tue, January 31, 2012
Pfizer trims 2012 view, citing stronger dollar
(Reuters) - Pfizer Inc
Mon, January 30, 2012
Steve Winwood Among Headliners for 2012 Mountain Jam Festival
Steve Winwood and Gov't Mule are among the artists set to headline the eighth annual Mountain Jam, scheduled to take place May 31 ...
Mon, January 30, 2012
Canon earnings outlook falters, president steps down
By Isabel Reynolds
TOKYO (Reuters) - Canon Inc's 76-year-old chairman and CEO will take on the additional role of president after the $60 billion ...
Mon, January 30, 2012
Philips swings to loss as Europe's economy falters
By Roberta Cowan
AMSTERDAM (Reuters) - Philips swung to a fourth-quarter net loss as government cuts ate into its healthcare equipment business and a slowdown ...
Sun, January 29, 2012
Sarkozy details measures for growth, jobs
By Catherine Bremer and Alexandria Sage
PARIS (Reuters) - President Nicolas Sarkozy used a primetime television interview on Sunday to flesh out a flurry of ...
Fri, January 27, 2012
Could another Republican join the 2012 race?
By Steve Holland
JACKSONVILLE, Florida (Reuters) - Is it too late for another Republican to jump into the 2012 U.S. presidential race?
Mitt Romney ...
Fri, January 27, 2012
Romney, in comeback, has narrow Maine caucus win
By Ros Krasny
PORTLAND, Maine (Reuters) - Republican presidential front-runner Mitt Romney grabbed back some momentum after midweek losses in three states, scoring a narrow ...
Thu, January 26, 2012
Lockheed order backlog to cushion tough 2012
WASHINGTON (Reuters) - Lockheed Martin Corp
Wed, January 25, 2012
SanDisk warns of tough first half of 2012
SAN FRANCISCO (Reuters) - Flash memory supplier SanDisk warned that weaker demand from some mobile device manufacturers would hurt its revenue in the first half ...
Wed, January 25, 2012
Morgan Stanley CEO sees better markets in 2012
NEW YORK (Reuters) - Capital markets in 2012 are better than they were in 2011, Morgan Stanley Chief Executive James Gorman said on Wednesday, adding ...
Wed, January 25, 2012
Xerox sees 2012 EPS growth after solid 4th quarter
By Nicola Leske
(Reuters) - Xerox Corp
Wed, January 25, 2012
Boeing 2012 earnings to be hit by pension expense
By Kyle Peterson
(Reuters) - Boeing Co
Wed, January 25, 2012
SAP bullish on 2012 after record results
By Maria Sheahan
FRANKFURT (Reuters) - SAP, the world's biggest maker of business software, was upbeat on its topline growth this year citing its ...
Wed, January 25, 2012
For Obama 2012, it's all about the 99 percent
By Jeff Mason
WASHINGTON (Reuters) - President Barack Obama threw red meat to his political base on Tuesday with a promise to do the nearly ...
Tue, January 24, 2012
ST-Ericsson CEO sees very difficult 2012
(Reuters) - Loss-making mobile chip venture ST-Ericsson will face a tough 2012, its new Chief executive Didier Lamouche said on Tuesday.
"2012 will be very ...
Tue, January 24, 2012
Hit from dollar on McDonald's 2012 menu
By Lisa Baertlein
(Reuters) - McDonald's Corp's
Tue, January 24, 2012
Netflix glad 2011 over but 2012 may mean more pain
By Lisa Richwine
LOS ANGELES (Reuters) - Netflix Inc probably would like nothing better than to put 2011 behind it. But 2012 may be no ...
Mon, January 23, 2012
Apple 2012: Smooth sailing, for the most part
By Poornima Gupta
SAN FRANCISCO (Reuters) - Apple Inc coasts into 2012 with a strong wind in its sails, a clutch of envelope-pushing products in ...
Sun, January 22, 2012
Apple 2012: Smooth sailing, for the most part
By Poornima Gupta
SAN FRANCISCO (Reuters) - Apple Inc coasts into 2012 with a strong wind in its sails, a clutch of envelope-pushing products in ...
Sat, January 21, 2012
RWE to sell $2.3 billion in hybrid debt in 2012: report
FRANKFURT (Reuters) - German utility RWE
Sat, January 21, 2012
European rating agency could launch in 2012: report
MILAN (Reuters) - Plans to launch a European ratings agency to compete with S&P, Moody's and Fitch are at an advanced stage and a new private institution could start business as soon as the first half of this year, German businessman Roland Berger told an Italian newspaper.
The founder of consultancy Roland Berger said he hoped a new private, non-profit organization, in the form of a foundation, could be ready in "the first half or the first nine months of the year," according to Saturday's Corriere della Sera.
Berger, who has been lobbying European governments and companies to gather support and financing for a new agency, hopes to have raised the 300 million euros of capital needed from European investors by that time, the paper said.
"The proposed model is of an agency where the service is paid by the clients, who have an interest in having reliable and objective results," Berger said.
Roland Berger partner Markus Krall, who is largely tasked with setting up the agency, told Germany's Euro am Sonntag weekly that it would differentiate itself from competitors by accepting liability for its analysis.
This would mean customers could potentially claim damages from the agency, which Krall said provides a "strong incentive" to provide accurate analysis.
"Currently ratings are legally speaking purely opinion and are not subject to any product liability (laws)," Krall told the paper in comments published on Saturday.
European policymakers have criticised agencies Standard & Poor's
Earlier this month, S&P downgraded the credit ratings of nine euro-zone countries, stripping France and Austria of their coveted triple-A status but not EU paymaster Germany.
Berger's plan for the new agency, which would be incorporated in the Netherlands, has received signals of support from the European Commission and governments in Europe but also in China and among some Arab states, the paper said.
(Reporting by Michel Rose, additional reporting by Christiaan Hetzner in Frankfurt; Editing by Alison Birrane)
Fri, January 20, 2012
Carmaker Fisker lowers 2012 sales view again
By Nichola Groom
LOS ANGELES (Reuters) - Fisker Automotive Inc has once again ratcheted down sales projections for 2012, saying the rollout of its luxury ...
Fri, January 20, 2012
Analysis: Canada's star fades as economy faces tough 2012
By Louise Egan
OTTAWA (Reuters) - Canada's moment in the sun as the fastest-growing economy in the G7 club of rich countries is set ...
Thu, January 19, 2012
China factories see sluggish start in 2012: HSBC PMI
By Nick Edwards
BEIJING (Reuters) - China's factory activity likely fell for a third successive month in January, suggesting Beijing's pro-growth policies will ...
Thu, January 19, 2012
IBM, other tech results point to robust IT demand
By Sinead Carew
NEW YORK (Reuters) - A strong outlook from IBM and decent results from Intel Corp and Microsoft Corp suggest that corporate decision ...
Thu, January 19, 2012
Doping: Journey of a sample at London 2012 Olympics
By Kate Kelland
LONDON (Reuters) - More than 6,000 urine and blood samples will be analyzed during the London 2012 Olympics, and scientists say ...
Thu, January 19, 2012
Demand strong, margins better in 2012: Nike CEO
NEW YORK (Reuters) - Nike Inc
Thu, January 19, 2012
Momentum to drain from world economy in 2012: poll
By Andy Bruce
LONDON (Reuters) - The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to ...
Thu, January 19, 2012
London 2012 reveals lab to snare doping cheats
By Martyn Herman
LONDON (Reuters) - An army of white-coated scientists equipped with the latest technology will make it harder than ever for dope cheats ...
Thu, January 19, 2012
IMF sees euro zone GDP down 0.5 percent in 2012: ANSA
MILAN (Reuters) - The International Monetary Fund expects the euro zone economy to contract by 0.5 percent this year and warns that tensions arising ...
Wed, January 18, 2012
Cellphone makers can expect poor reception in 2012
By Tarmo Virki
(Reuters) - Cellphone makers are set to struggle with slow sales growth this year as a weaker global economy discourages consumers from ...
Wed, January 18, 2012
Fourth arrest in 2012 stadium spying row
LONDON (Reuters) - British police arrested a fourth man on Wednesday as part of an investigation into allegations of spying during a fiercely contested bid ...
Tue, January 17, 2012
IBM seen posting Q4 growth, headwinds expected in 2012
(Reuters) - IBM Corp is expected to report solid fourth quarter results on January 19 under new chief executive Virginia Rometty as investors look for ...
Tue, January 17, 2012
Tigers Victor Martinez suffers torn ACL, may miss all of 2012
LAKELAND, FL (WKZO) Detroit Tigers designated hitter Victor Martinez injured his left knee in spring conditioning last week. That's according to Detroit Tigers ...
Mon, January 16, 2012
Samsung Group plans record $41 billion investment in 2012
By Miyoung Kim
SEOUL (Reuters) - Samsung Group, which includes Samsung Electronics Co, said on Tuesday it is raising its 2012 investment to a record ...
Mon, January 16, 2012
Retailers in for steady, modest growth in 2012
By Phil Wahba and Brad Dorfman
NEW YORK/CHICAGO (Reuters) - Hopefully, retailers liked 2011, because 2012 is looking like it will offer more of ...
Fri, January 13, 2012
MIRS says $457 million more for 2011, $416 million for 2012
KALAMAZOO (WKZO) -- 457M More For '11, $416.3M More For '12, $216.3M For '13 -- 1:20 p.m.
Here's a pleasant change ...
Fri, January 13, 2012
Analysis: Investors likely to wait out 2012 drug launches
By Deena Beasley
SAN FRANCISCO (Reuters) - Burned by disappointing early sales for new, high-profile biotech medicines in 2011, healthcare investors are cautious ahead of ...
Thu, January 12, 2012
Analysis: 2012 starts with bad weather signs for insurers
By Ben Berkowitz
BOSTON (Reuters) - Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in northern Europe. Sound familiar?
This ...
Thu, January 12, 2012
Boxing to scrap computerized scoring after 2012 Olympics
By Martyn Herman
LONDON (Reuters) - A computerized scoring system designed for the boxing competition at the London 2012 Olympics will be scrapped after the ...
Wed, January 11, 2012
Adele, Jason Mraz top 2012's first Billboard chart
By Piya Sinha-Roy
LOS ANGELES (Reuters) - British singer Adele kicked off 2012 just like much of 2011 -- at the top of the Billboard album ...
Wed, January 11, 2012
Lotus trigger first F1 controversy of 2012
LONDON (Reuters) - The first technical controversy of Formula One's pre-season reared up Wednesday with Lotus suspected of having developed an innovative ride-height braking ...
Wed, January 11, 2012
Analysis: Nothing black or white in trendless 2012
By Mike Dolan
LONDON (Reuters) - If the first week in January 2012 tells us anything about the investment year ahead, it's to be ...
Tue, January 10, 2012
Exclusive: Dell plots late-2012 consumer tablet launch
By Poornima Gupta
LAS VEGAS (Reuters) - Dell Inc intends to launch its first consumer tablet computer in late 2012, marking its entry into a ...
Tue, January 10, 2012
WebMD scraps sale talks, warns of weak 2012
By Lewis Krauskopf
(Reuters) - Popular health information website WebMD Health Corp took itself off the auction block and warned investors of lower 2012 profits ...
Tue, January 10, 2012
Samsung confident of outselling Nokia in 2012
By Miyoung Kim and Tarmo Virki
LAS VEGAS/HELSINKI (Reuters) - Samsung Electronics Co <005930.KS> said it is confident it will become the world's largest ...
Mon, January 09, 2012
Ford CFO to retire in 2012: sources
By Bernie Woodall
DETROIT (Reuters) - Ford Motor Co
Mon, January 09, 2012
GM sees 2012 market share gains in China, Korea
By Ben Klayman
DETROIT (Reuters) - General Motors Co
Mon, January 09, 2012
Samsung confident of outselling Nokia in 2012
By Miyoung Kim
LAS VEGAS (Reuters) - Samsung Electronics Co <005930.KS> is confident it will become the world's largest cellphone maker in 2012, ending Nokia ...
Mon, January 09, 2012
Exclusive: SocGen sees 2012 investment-bank revenue slump
By Lionel Laurent and Matthieu Protard
PARIS (Reuters) - French bank Societe Generale
Mon, January 09, 2012
NFL's Chargers staying in San Diego in 2012
SAN FRANCISCO (Reuters) - The National Football League's Chargers will remain in San Diego for at least another season as the team works with ...
Mon, January 09, 2012
Woods to make 2012 PGA Tour debut at Pebble Beach
(Reuters) - Tiger Woods will make his 2012 PGA Tour debut at the Pebble Beach National Pro-Am next month, the former world number one said ...
Mon, January 09, 2012
Netflix may not turn profitable in 2012
By Georgina Prodhan and Matt Cowan
LONDON (Reuters) - Online video and DVD rental company Netflix began gaining U.S. subscribers again in the fourth ...
Mon, January 09, 2012
BMW aims for top spot in 2012 as luxury sales soar
By Christoph Steitz and Jonathan Gould
FRANKFURT (Reuters) - BMW posted record car sales for 2011 and forecast that a boom in luxury cars would ...
Mon, January 09, 2012
Occupy 2012: Firmly disorganized, driven by dreams
By Laird Harrison and Michelle Nichols
Oakland, Calif./New York (Reuters) - It's been a long, cold winter already for Occupy Wall Street, the ...
Sun, January 08, 2012
Volkswagen eyes 2012 U.S. sales above 500,000 cars
NEW YORK/DETROIT (Reuters) - Volkswagen
Sun, January 08, 2012
Volkswagen eyes 2012 U.S. sales above 500,000
(Adds details on sales)
NEW YORK, JAN 8 - Volkswagen
Sun, January 08, 2012
Alcoa shares could rise 30 percent in 2012: report
(Reuters) - Alcoa Inc
Sat, January 07, 2012
Venezuela will not recognize World Bank ruling in Exxon case
By Daniel Wallis
CARACAS (Reuters) - Venezuelan President Hugo Chavez said on Sunday that his country would not recognize any ruling by a World Bank ...
Fri, January 06, 2012
Mickelson to start 2012 PGA Tour at La Quinta
(Reuters) - Phil Mickelson will launch his 2012 PGA Tour campaign at this month's Humana Challenge in La Quinta, California, the four-times major champion ...
Fri, January 06, 2012
Holiday hangover means slow 2012 start for stores
By Nivedita Bhattacharjee
(Reuters) - Take a trip down Chicago's Michigan Avenue - known as the "Magnificent Mile" for its shopping attractions - and you won ...
Fri, January 06, 2012
IMF's Lagarde: euro likely to survive 2012
By Xola Potelwa
PRETORIA (Reuters) - The euro is likely to survive 2012 despite the debt crisis in the euro currency zone, International Monetary Fund ...
Thu, January 05, 2012
2012 predictions: It’s doom & gloom for Amazon, RIM and Zynga
(REUTERS) - The predictions I made for 2011 turned out pretty well, since I framed things like any good fortune teller or ...
Thu, January 05, 2012
Oklahoma executes murderer in first 2012 execution
By Steve Olafson
OKLAHOMA CITY (Reuters) - A convicted murderer who tried but failed to kill himself three weeks ago in prison was put to ...
Thu, January 05, 2012
MLS announces longest ever season for 2012
(Reuters) - The 2012 Major League Soccer (MLS) season will be the longest ever, spanning 267 days from the March 10 first kick to the ...
Thu, January 05, 2012
Credit Suisse sees sluggish growth in 2012 handset sales
(Reuters) - Global mobile phone shipments is likely to grow at a much slower pace of 2 percent this year as customers hold back on ...
Thu, January 05, 2012
Lilly projects sharp drop in 2012 profit
By Lewis Krauskopf
(Reuters) - Eli Lilly & Co forecast a sharp plunge in profits for 2012, the first full year its top-selling Zyprexa schizophrenia treatment faces generic competition, and its shares fell as much as 3.6 percent.
Like other drugmakers, Lilly is facing patent expirations on its most important medicines, leading generic competitors to erode billions of dollars in revenue. But unlike rivals such as Pfizer Inc, Lilly is not significantly cutting spending, including on research, in order to shore up profits.
The Indianapolis-based company said it will maintain or even slightly increase its investment in research and development this year compared with 2011, while spending on sales and administration in 2012 would be higher than what analysts generally expected.
Chief Financial Officer Derica Rice told analysts on a conference call that Lilly had pared down costs for several years to prepare for the Zyprexa patent expiration, including cutting more than 7,000 jobs since 2004. The company does not plan any additional major restructuring, he said.
"Having substantially reduced our infrastructure, we are positioned to fund the R&D that will drive our future growth" Rice said.
The company projected earnings of $3.10 to $3.20 per share for 2012. Analysts' average forecast is $3.61, according to Thomson Reuters I/B/E/S.
For 2011, Lilly said it expects to meet or exceed its previous profit forecast of $4.30 to $4.35 per share excluding one-time items. Including items, it expects $3.84 to $3.89 per share.
Zyprexa, a $4.5 billion-a-year product, began facing U.S. competition in October from low-cost generic versions. Lilly's Cymbalta antidepressant, with $4 billion in annual sales, goes generic in mid-2013, and generic forms of its Evista osteoporosis drug arrive in 2014.
DIFFERENT THAN RIVALS
Chief Executive John Lechleiter has vowed to remain independent through the three-year patent cliff, rather than merging with another big drugmaker to cushion the generic blows. He has defended his stance on R&D spending as necessary to usher in a new era of innovative medicines.
Deutsche Bank analyst Barbara Ryan said Lilly's spending levels were "inconsistent" with rivals, so investors should not expect other drugmakers to issue similarly disappointing forecasts.
Lilly said it had 12 drugs in late-stage, Phase III clinical studies, exceeding its goal of having 10 at that stage by the end of 2011.
"Today's guidance reaffirms the ongoing earnings pressure to Lilly's results over next few years ... at a time when the company simultaneously needs to invest heavily in its pipeline," JPMorgan analyst Chris Schott said in a research note.
Lilly stood by its previous forecast for net income of at least $3 billion on revenue of at least $20 billion each year through 2014.
For 2012, Lilly said it expects revenue of $21.8 billion to $22.8 billion. That would be a significant drop from the $24.2 billion analysts are looking for in 2011.
Lilly expects Zyprexa sales to decline by more than $3 billion, which will be somewhat offset by growth in products such as Cymbalta, erectile dysfunction drug Cialis and its Humalog and Humulin insulins.
Overall operating expenses will stay "essentially flat" in 2012, Lilly said. R&D spending will stand at $5 billion to $5.3 billion in 2012, the company said, which will be flat or slightly higher than in 2011.
Wall Street is eagerly awaiting late-stage results for Lilly's experimental Alzheimer's disease drug, solanezumab, which could be a huge seller. But many analysts doubt the product will prove effective.
A panel of outside safety experts overseeing the Phase III trial for solanezumab will meet later this month and the company said it plans to provide an update at the end of January.
JPMorgan's Schott earlier this week projected that Lilly's earnings per share would decline 5 percent a year on average through 2017.
Lilly shares were down 1.9 percent at $39.93 at midday on the New York Stock Exchange, off an earlier low at $39.25.
(Reporting By Lewis Krauskopf in New York; Editing by Michele Gershberg, John Wallace and Matthew Lewis)
Wed, January 04, 2012
No Hawaii start for Els who will launch 2012 season at home
(Reuters) - For the first time in four years, Ernie Els will be a conspicuous absentee from the U.S. PGA Tour's season-opening events ...
Wed, January 04, 2012
MAC football realigns divisions for 2012.
KALAMAZOO, MI (WKZO) – With the addition of UMass to the Mid-American Conference for the 2012 season, the MAC announced today the realignment of their ...
Wed, January 04, 2012
Gross predicts "paranormal" market activity in 2012
By Katya Wachtel
NEW YORK (Reuters) - Bill Gross, the manager of the world's largest bond fund, is sounding like a Wall Street ghost-hunter ...
Wed, January 04, 2012
Automakers see slower U.S. sales growth in 2012
By Ben Klayman and Bernie Woodall
DETROIT (Reuters) - U.S. auto sales rose 10 percent in 2011 but major automakers forecast a slowdown in ...
Wed, January 04, 2012
Michigan fights through offensive woes, beats Virginia Tech in overtime to win 2012 Sugar Bowl
NEW ORLEANS, LA (WKZO) -- When Rich Rodriguez was fired following the 2010 NCAA football season it left the University of Michigan searching for a ...
Tue, January 03, 2012
Chargers sticking with coach Turner and GM for 2012
(Reuters) - The San Diego Chargers said on Tuesday head coach Norv Turner and general manager A.J. Smith will return next season, ending speculation ...
Tue, January 03, 2012
Iowa's quirky caucuses open 2012 White House race
By John Whitesides
DES MOINES, Iowa (Reuters) - The long and sometimes quirky drama of electing a U.S. president, marked by obscure rules and ...
Tue, January 03, 2012
Food prices may ease in 2012 but won't drop: FAO
By Catherine Hornby
ROME (Reuters) - Prices of some foods may ease slightly in 2012 due to a slowing global economy but are unlikely to ...
Tue, January 03, 2012
BMW sees 2012 premium market growth above 8 percent
FRANKFURT (Reuters) - BMW
Mon, January 02, 2012
Factory output subdued going into 2012
By Andy Bruce and Tony Munroe
LONDON/MUMBAI (Reuters) - Global manufacturing activity was subdued going into 2012, with the euro zone's industrial sector ...
Sun, January 01, 2012
Hyundai, Kia see slower sales growth in 2012
SEOUL (Reuters) - Hyundai Motor <005380.KS> and affiliate Kia Motors <000270.KS> aim to boost global vehicle sales by 6 percent this year to a combined 7 million ...
Sun, January 01, 2012
Insight: Shortage of ADHD drug Adderall seen persisting
By Toni Clarke
BOSTON (Reuters) - A shortage of Adderall, which is used to treat attention deficit hyperactivity disorder, shows little sign of easing as ...
Sun, January 01, 2012
U.S. is top 2012 property investment pick
By Ilaina Jonas
NEW YORK (Reuters) - The United States will remain the top choice of most global commercial real estate investors in 2012, but ...
Sat, December 31, 2011
Throngs of Times Square revelers ring in 2012
By Jonathan Allen and Chris Michaud
NEW YORK (Reuters) - Throngs of revelers in and around New York's Times Square gave a boisterous welcome ...
Sat, December 31, 2011
Greece must stick to reforms in 2012 to stay in euro: PM
ATHENS (Reuters) - Greece faces another tough year in 2012 but must stick to its program of austerity and reform to stay in the euro ...
Fri, December 30, 2011
Santorum comes under closer scrutiny in New Hampshire
By Steve Holland and Michelle Nichols
MANCHESTER/NORTHFIELD, New Hampshire (Reuters) - Republican presidential upstart Rick Santorum found himself under increasing scrutiny on Thursday as ...
Fri, December 30, 2011
Iowa's quirky caucuses open 2012 White House race
By John Whitesides
DES MOINES, Iowa (Reuters) - The long and sometimes quirky drama of electing a U.S. president, marked by obscure rules and ...
Fri, December 30, 2011
Spain says deficit bigger than expected, hikes taxes
By Andrés González and Elisabeth O'Leary
MADRID (Reuters) - Spain's new government said on Friday that this year's budget deficit would be ...
Fri, December 30, 2011
Stosur determined to shine on home soil in 2012
SYDNEY (Reuters) - Australian Sam Stosur is determined to show on home soil in 2012 the form that won her a first grand slam singles ...
Thu, December 29, 2011
London and Britain aim to deliver in 2012
By Alan Baldwin
LONDON (Reuters) - Londoners waking Sunday with blurred vision and throbbing heads will not have to wait long for their next party ...
Wed, December 28, 2011
"Hunger Games" trumps "Twilight" in 2012 buzz: poll
LOS ANGELES (Reuters) - Is "The Twilight Saga" beginning to lose its grip on movie fans?
The latest installment of the vampire romance finished second ...
Wed, December 28, 2011
Youth to lead drop in U.S. voter turnout in 2012: study
WASHINGTON (Reuters) - Voter turnout will likely drop substantially in the 2012 U.S. presidential election, due in part to decreased interest among young people ...
Tue, December 27, 2011
Perry sues to get on Virginia 2012 ballot
WASHINGTON (Reuters) - Texas Governor Rick Perry filed a federal lawsuit on Tuesday seeking to get on Virginia's 2012 primary election ballot after failing ...
Mon, December 26, 2011
China's fiscal deficit to fall in 2012: source
SHANGHAI (Reuters) - China's central government will run a smaller fiscal deficit in 2012, according to a report by local media.
Fiscal outlays will ...
Mon, December 26, 2011
China expects 11 percent industrial output growth in 2012
BEIJING (Reuters) - China's industrial output is expected to grow 11 percent for 2012, easing from an estimated 13.9 percent in 2011, China ...
Sun, December 25, 2011
Audi CEO: Auto industry faces tougher year in 2012
By Irene Preisinger
Ingolstadt, GERMANY (Reuters) - The automotive industry faces a tougher year in 2012 than it has done this year, Audi
Sat, December 24, 2011
U.N. passes leaner 2012-2013 budget amid economic turmoil
By Louis Charbonneau
UNITED NATIONS (Reuters) - The U.N. General Assembly on Saturday approved a 5 percent decrease in the United Nations' budget for ...
Fri, December 23, 2011
Congress punts hard payroll tax work to 2012
By Richard Cowan and Rachelle Younglai
WASHINGTON (Reuters) - President Barack Obama signed into law a two-month payroll tax cut extension on Friday, capping a ...
Fri, December 23, 2011
Casey targets 2012 Ryder Cup and PGA Tour success
By Mark Lamport-Stokes
(Reuters) - Frustrated for much of this year by a lingering foot injury, Britain's Paul Casey has set his sights on ...
Fri, December 23, 2011
Analysis: Mexico 2012 frontrunner stirs reform optimism
By Michael O'Boyle
MEXICO CITY (Reuters) - Investors frustrated with years of gridlock on economic reforms in Mexico now believe the best chance for ...
Fri, December 23, 2011
World economy to trudge on in 2012 despite Europe: Reuters poll
By Andy Bruce
LONDON (Reuters) - Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets ...
Fri, December 23, 2011
Import prices rise in February on higher oil
By Lucia Mutikani
WASHINGTON (Reuters) - Import prices rose in February on sharply higher oil costs, but there were few other signs of imported inflation ...
Thu, December 22, 2011
Stern Advice: Watch for that mutual fund pop
By Linda Stern
WASHINGTON (Reuters) - Next month, something very dramatic is going to happen to most stock mutual funds. In fact, it's already ...
Thu, December 22, 2011
2011 "Year of the Tyrant," 2012 ominous for Syria, Iraq
By Samia Nakhoul
LONDON (Reuters) - It all began with a slap and a slur hurled at a poor vegetable seller by a policewoman in ...
Thu, December 22, 2011
Analysis: Searching for glimmers of euro zone hope in 2012
By Luke Baker
BRUSSELS (Reuters) - After two years of turmoil that has shattered confidence in the economics and politics of European monetary union, it ...
Thu, December 22, 2011
Toyota expects record sales in 2012
By Chang-Ran Kim, Asia autos correspondent
TOKYO (Reuters) - Japanese carmaker Toyota Motor <7203.T> forecast a 20 percent jump in 2012 sales to a record 8 ...
Wed, December 21, 2011
After a year of disasters, Toyota sees record sales
By Chang-Ran Kim, Asia autos correspondent
TOKYO (Reuters) - Toyota Motor Corp forecast a 20 percent jump in global sales to a record 8.48 ...
Wed, December 21, 2011
Analysis: Republicans risk backlash in 2012
By Tim Reid
(Reuters) - They began this year vowing to slash spending and reduce government.
Republicans in Congress can boast that they have done ...
Wed, December 21, 2011
Micron shares skyrocket, investors bet on 2012 bounce
(Reuters) - Micron Technology Inc's shares jumped 15 percent on Thursday after investors looked past limp quarterly results and focused on a potential 2012 ...
Tue, December 20, 2011
World Cup final referee Webb in Euro 2012 squad
GENEVA (Reuters) - Howard Webb of England, who showed a record 14 yellow cards in last year's World Cup final between champions Spain and ...
Mon, December 19, 2011
U.S. foreign aid escapes slashing cuts in fiscal 2012
By Susan Cornwell
(Reuters) - The U.S. State Department and foreign aid budget escaped devastating cuts in a fiscal 2012 spending plan that Congress ...
Mon, December 19, 2011
Investors brace for 2012 with higher cash, stocks: Reuters poll
By Natsuko Waki
LONDON (Reuters) - Investors raised their cash balance to the highest in a year in December as they prepared for a jittery ...
Mon, December 19, 2011
Residents Get Chance to Tell Commissioners Their Opinions of 2012 Budget
KALAMAZOO (WKZO) -- The Kalamazoo City Commission was set to hold a public hearing Monday on the 2012 city budget.
It calls for about an ...
Sun, December 18, 2011
Germany may pay full ESM contribution in 2012: report
BERLIN (Reuters) - Germany's Finance Minister Wolfgang Schaeuble said the country may pay its full contribution to the euro zone's permanent rescue fund ...
Sun, December 18, 2011
China to keep "appropriate" investment growth in 2012-planner
BEIJING (Reuters) - China will keep "appropriate" investment growth in 2012 to help underpin the economy amid the global downturn, the country's top economic ...
Sat, December 17, 2011
British sprinter raises 2012 sponsorship on eBay
LONDON (Reuters) - A top British sprinter desperate to run in his home London Olympics next year has raised 32,550 pounds ($50,500) in ...
Fri, December 16, 2011
Beach Boys reuniting for new album, tour in 2012
(Reuters) - Iconic California surf band The Beach Boys will reunite in 2012 to release a new album and embark on a 50-date worldwide tour ...
Thu, December 15, 2011
Rivals pounce on Gingrich at last Iowa debate
By Steve Holland and Deborah Charles
SIOUX CITY, Iowa (Reuters) - Republican presidential candidates pounced on front-runner Newt Gingrich on Thursday to try to blunt ...
Thu, December 15, 2011
FedEx profit beats Street, updating Boeing fleet
By Lynn Adler
(Reuters) - FedEx Corp
Thu, December 15, 2011
Analysis: 2012 could prove even wilder ride than 2011
By Peter Apps, Political Risk Correspondent
LONDON (Reuters) - The ancient Mayans attached special significance to 2012, possibly the end of time. That has spawned ...
Wed, December 14, 2011
China exporters face "very severe" Q1 2012: Commerce Ministry
BEIJING (Reuters) - China's exporters will face "very severe" conditions in the first quarter of 2012, the Commerce Ministry said on Thursday, with Europe ...
Wed, December 14, 2011
Aetna lifts earnings outlook for 2011, 2012
(Reuters) - Aetna Inc, the third largest U.S. health insurer, raised its estimate for 2011 and 2012 operating earnings per share and said it ...
Wed, December 14, 2011
GM's Opel profits to take €1 billion hit in 2012: report
FRANKFURT (Reuters) - General Motors Co's
Wed, December 14, 2011
Aerospace 2012 sales seen slowing
- WASHINGTON (Reuters) - An eight-year growth spurt for the U.S. aerospace industry appears set to end in 2012, the industry's chief trade group ...
Wed, December 14, 2011
First Solar cuts 2011 forecast, sees weak 2012
By Matt Daily
(Reuters) - First Solar Inc cut its 2011 sales and profit forecast for the second time in two months Wednesday and said ...
Tue, December 13, 2011
China makes growth guarantee against grim global economy
By Koh Gui Qing and Zhou Xin
BEIJING (Reuters) - China pledged to guarantee growth in the face of an "extremely grim" outlook for the ...
Tue, December 13, 2011
Poll Shows Uphill Fight for Obama in Swing States
WASHINGTON (WKZO) -- President Obama will have an uphill battle for votes in a dozen key states based on results of a new poll.
The ...
Tue, December 13, 2011
Cloud tech firm CloudShare sees 2012 sales surge
By Tova Cohen
TEL AVIV (Reuters) - U.S.-Israeli start-up CloudShare, whose technology enables Web-based development and testing of software applications, expects to as ...
Sun, December 11, 2011
Berkshire, MetLife among 2012 top 10 picks: report
NEW YORK (Reuters) - Investors could reap gains of 15 percent to 20 percent next year by buying top-quality stocks such as MetLife
Sat, December 10, 2011
Bolt ready to prove 2012 naysayers wrong
By Gene Cherry
SALVO, North Carolina (Reuters) - Triple Olympic champion Usain Bolt was quick to remind those who think young Jamaican training partner Yohan ...
Sat, December 10, 2011
Ohio Democrats hope 2012 ballot measure will help Obama
By Kim Palmer
CLEVELAND (Reuters) - A referendum issue which Ohio Democrats hope could help President Barack Obama's chances of winning the battleground state ...
Sat, December 10, 2011
Iowa's religious conservatives up in air on 2012
By John Whitesides
CEDAR RAPIDS, Iowa (Reuters) - Frozen by indecision, Iowa's politically powerful religious conservatives are still on the sidelines in the Republican ...
Fri, December 09, 2011
Congress punts hard payroll tax work to 2012
By Richard Cowan and Rachelle Younglai
WASHINGTON (Reuters) - President Barack Obama signed into law a two-month payroll tax cut extension on Friday, capping a ...
Fri, December 09, 2011
Met Opera conductor Levine withdraws through 2012-13
NEW YORK (Reuters) - James Levine, the Metropolitan Opera's music director for 40 years, has withdrawn from conducting to the end of the 2012-13 ...
Fri, December 09, 2011
DuPont expects 2012 profit to beat Street
By Ernest Scheyder
WILMINGTON, Delaware (Reuters) - DuPont
Fri, December 09, 2011
Nuance, not initiative, likely in China 2012 economic plan
By Koh Gui Qing and Langi Chiang
BEIJING (Reuters) - Top Chinese leaders will likely resist pressure to declare an outright easing in monetary policy ...
Thu, December 08, 2011
Congress passes spending bill to keep government running
WASHINGTON (Reuters) - The Senate on Saturday passed a $915 billion bill to fund most federal agency activities through next September and avert a government ...
Thu, December 08, 2011
Analysis: Asia's economy heading for "yo-yo" year in 2012
By Emily Kaiser, Asia Economics Correspondent
SINGAPORE (Reuters) - Asia's economic growth looks set to stumble over the next few months, prompting a flurry ...
Wed, December 07, 2011
UK band Blur to receive lifetime BRIT award in 2012
LONDON (Reuters) - Britpop band Blur will receive an Outstanding Contribution to Music award at next year's BRITs, Britain's answer to the Grammys ...
Tue, December 06, 2011
Boeing sees no aircraft financing gap in 2012
(Reuters) - Airlines will avert a shortfall in aircraft financing next year by relying increasingly on capital markets and alternative sources as pressure grows on ...
Mon, December 05, 2011
Madonna to perform at 2012 Super Bowl
(Reuters) - Madonna will headline the 2012 Super Bowl halftime show, the National Football League said, in a performance co-created by the Cirque Du Soleil ...
Mon, December 05, 2011
Comcast to start selling Verizon mobile early 2012
NEW YORK - NEW YORK (Reuters) - Comcast Corp, the largest U.S. cable operator, will start selling Verizon Wireless products in four markets early next ...
Mon, December 05, 2011
MetLife sees 2012 growth, going back to Fed soon
By Ben Berkowitz
(Reuters) - MetLife expects operating earnings to rise as much as 7 percent in 2012, the largest life insurer in the United ...
Sun, December 04, 2011
China's new loans may increase slightly in 2012: report
SHANGHAI (Reuters) - China's new bank loans in 2012 may increase slightly from this year's quota of 7.5 trillion yuan ($1.18 ...
Sat, December 03, 2011
Cain suspends 2012 presidential campaign
ATLANTA (Reuters) - Republican presidential candidate Herman Cain effectively ended his White House bid on Saturday under the weight of accusations of sexual harassment and ...
Fri, December 02, 2011
Reaction to Euro 2012 draw
(Reuters) - Following is reaction to the draw for Euro 2012 that was made in Kiev on Friday:
- - - -
Group A: Poland, Greece, Russia, Czech Republic ...
Fri, December 02, 2011
Euro 2012 draw throws up tasty ties
By Mike Collett
KIEV (Reuters) - Traditional rivals Germany and Netherlands will lock horns in a tough group at the 2012 European soccer championship while ...
Fri, December 02, 2011
Mayans never predicted world to end in 2012: experts
By Pepe Cortes
PALENQUE, Mexico (Reuters) - If you are worried the world will end next year based on the Mayan calendar, relax: the end ...
Thu, December 01, 2011
Grandmaster Flash planning new album for early 2012
By Piya Sinha-Roy
LOS ANGELES (Reuters) - Grandmaster Flash, one of the pioneering DJs of hip-hop music culture, is working on his eighth studio album ...
Wed, November 30, 2011
Sundance unveils key films for 2012 festival
By Bob Tourtellotte
LOS ANGELES (Reuters) - The Sundance Film festival, the top U.S. gathering for independent cinema, on Wednesday unveiled its competitive lineup ...
Tue, November 29, 2011
GE Healthcare sees 2012 equipment revenue rising
(Reuters) - General Electric Co's healthcare equipment unit expects strong sales growth in emerging markets and a moderate increase in the United States to ...
Tue, November 29, 2011
Broncos Hockey Remains 12th In The Nation, Add 7 Players For 2012-2013
KALAMAZOO, MI (WKZO) – Despite upsetting #2 Notre Dame last Tuesday in a shootout win 3-2, the Broncos are still ranked 12th in the ...
Tue, November 29, 2011
UnitedHealth sees 2012 Medicare, Medicaid gains
By Lewis Krauskopf
(Reuters) - UnitedHealth Group Inc, the largest U.S. health insurer, forecast an increase in membership next year as gains in its ...
Mon, November 28, 2011
Facebook gearing up for 2012 IPO: source
By Alexei Oreskovic
(Reuters) - Facebook, the world's largest Internet social network, is preparing for a initial public stock offering next year, according to ...
Mon, November 28, 2011
Herman Cain ends 2012 bid
By David Beasley
ATLANTA (Reuters) - Former pizza magnate Herman Cain dropped out of the presidential race on Saturday after accusations of sexual misconduct overwhelmed ...
Mon, November 28, 2011
Resurgent Federer excited by prospects for 2012
By Martyn Herman
LONDON (Reuters) - Roger Federer says he is "very excited" about his prospects for next year after finishing 2011 riding a wave ...
Sat, November 26, 2011
Greece may miss 2012 selloff target due to EU crisis
ATHENS (Reuters) - Greece may miss its target for privatization revenues next year because of the worsening economic climate in Europe, the head of the ...
Fri, November 25, 2011
Dow and S&P 500 post best week since Christmas
By Caroline Valetkevitch
NEW YORK (Reuters) - Stocks posted their best week since Christmas, even with a mixed finish on Friday after strong earnings from ...
Fri, November 25, 2011
Gap says to triple China network in 2012
By Donny Kwok and Rachel Lee
HONG KONG (Reuters) - Apparel brand Gap Inc
Thu, November 24, 2011
China sees factory growth slowing slightly in 2012
BEIJING (Reuters) - Growth in China's factory output is likely to fall slightly to 12-13 percent in 2012 due to weakening global demand, the ...
Wed, November 23, 2011
Westwood returns to PGA Tour for 2012
By Simon Evans
MIAMI - Britain's world number three Lee Westwood has had a change of heart and rejoined the PGA Tour for the ...
Tue, November 22, 2011
London 2012 uniforms evoke Grenadier Guards
LONDON (Reuters) - The Grenadier Guards, Wimbledon tennis and rowing at Henley have all provided fashion inspiration for uniforms to be worn by an army ...
Tue, November 22, 2011
Netflix shares hurt by bleak 2012 outlook
(Reuters) - Netflix Inc's shares dropped as much as 7 percent on Tuesday after it warned of a loss for 2012, a move the ...
Mon, November 21, 2011
New Poll Shows Tough Road for Obama in Michigan
DETROIT (WKZO) -- A new poll shows President Obama might have a tough time winning Michigan next year.
The "Detroit Free Press" poll from Lansing-based ...
Mon, November 21, 2011
Whitman's top job: restore HP credibility, jumpstart growth
By Poornima Gupta
SAN FRANCISCO (Reuters) - Hewlett Packard's new Chief Executive, Meg Whitman, passed her first test with investors, calming nerves and assuring ...
Mon, November 21, 2011
Bruce Springsteen announces 2012 world tour
(Reuters) - Bruce Springsteen will go on tour next year for the first time in three years, starting with European dates in May and the ...
Sat, November 19, 2011
EU agrees 2 percent budget rise for 2012 to 129 billion euros
By Charlie Dunmore
BRUSSELS (Reuters) - European Union negotiators agreed to a two percent rise in the bloc's budget for next year to 129 ...
Fri, November 18, 2011
UPS raising rates in 2012, most by 4.9 percent or more
By Lynn Adler
(Reuters) - United Parcel Service
UPS ...
Fri, November 18, 2011
Amazon may launch a smartphone in Q4 2012: report
(Reuters) - Amazon.com Inc may launch its own smartphone in the fourth quarter of 2012, Citigroup said, citing its supply-chain channel checks in Asia ...
Thu, November 17, 2011
Corrected: Fisker chairman backs 2012 vehicle goal
By Sarah McBride and Nichola Groom
ATHERTON, Calif./LOS ANGELES (Reuters) - Fisker Automotive is on track to meet production goals for its electric sports ...
Thu, November 17, 2011
Senate to take up cyber bill in 2012
By Diane Bartz
(Reuters) - The Senate will take up cybersecurity legislation next year to fight online fraud, espionage and intellectual property theft whether or ...
Thu, November 17, 2011
GM executive sees 2012 U.S. auto sales flat to slightly up
(Reuters) - The U.S. auto industry will grow slowly, with next year's sales possibly rising slightly from 2011, a top General Motors Co ...
Thu, November 17, 2011
Auto sales rate may be 14 million by mid-2012: study
(Reuters) - U.S. auto sales may have their strongest month of 2011 in November, spurred by consumers' growing need to replace aging cars and ...
Wed, November 16, 2011
Gingrich leads Republicans in 2012 race: poll
WASHINGTON (Reuters) - Former House Speaker Newt Gingrich now leads the race for the 2012 Republican presidential nomination as support for businessman Herman Cain slips ...
Tue, November 15, 2011
Greek government submits budget as EU/IMF team arrives
By Lefteris Papadimas and Michael Winfrey
ATHENS (Reuters) - Greece's new government took a first step on Friday toward meeting terms of an international ...
Mon, November 14, 2011
Hard Rock Cafe to Open at Four Winds New Buffalo in the Summer of 2012
NEW BUFFALO (WKZO) -- We don’t know if it exactly fits in with its Native American theme, with its cattails and feathers and natural ...
Mon, November 14, 2011
Ackermann's reign at Deutsche Bank to end in 2012
FRANKFURT (Reuters) - Deutsche Bank AG
Mon, November 14, 2011
Chance of 2012 U.S. recession tops 50 percent: Fed paper
(Reuters) - The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012 ...
Wed, November 02, 2011
U.S. tries "hip hop" diplomacy in Pakistan
By Chris Allbritton
ISLAMABAD (Reuters) - Considered by many Pakistanis to be public enemy number one, the United States on Monday turned to the musical ...
Mon, October 31, 2011
'Big Bang Theory' Star Kaley Cuoco Will Host the 2012 People's Choice Awards
Of all the People's Choice Awards hosts since 2007, this year's is, by far, the least Queen Latifah-y. For the first time ...
Mon, October 31, 2011
Two Channing Tatum Movies Now Set for Release on June 29, 2012
The release date for Channing Tatum's upcoming film Magic Mike will be released June 29, 2012 -- the same date as another upcoming Channing ...
Sun, October 30, 2011
'Big Bang Theory' Star Kaley Cuoco Will Host the 2012 People's Choice Awards
Of all the People's Choice Awards hosts since 2007, this year's is, by far, the least Queen Latifah-y. For the first time ...
Sun, October 30, 2011
Two Channing Tatum Movies Now Set for Release on June 29, 2012
The release date for Channing Tatum's upcoming film Magic Mike will be released June 29, 2012 -- the same date as another upcoming Channing ...
Sat, October 29, 2011
'Big Bang Theory' Star Kaley Cuoco Will Host the 2012 People's Choice Awards
Of all the People's Choice Awards hosts since 2007, this year's is, by far, the least Queen Latifah-y. For the first time ...
Sat, October 29, 2011
Two Channing Tatum Movies Now Set for Release on June 29, 2012
The release date for Channing Tatum's upcoming film Magic Mike will be released June 29, 2012 -- the same date as another upcoming Channing ...
Wed, October 26, 2011
New 'American Idol' Promo Promises an 'Incredible Journey' in 2012
In what seems like an attempt to compete with its counterpart on Fox, American Idol released a new promo for the season set to ...
Tue, October 25, 2011
New 'American Idol' Promo Promises an 'Incredible Journey' in 2012
In what seems like an attempt to compete with its counterpart on Fox, American Idol released a new promo for the season set to ...
Mon, October 24, 2011
'Akira' Remake Gets Greenlight; Spring 2012 Start Date Eyed
Akira is finally a go. Variety reports that Warner Bros. has given the greenlight to its long-gestating remake of the 1988 Japanese anime epic ...
Sun, October 23, 2011
'Akira' Remake Gets Greenlight; Spring 2012 Start Date Eyed
Akira is finally a go. Variety reports that Warner Bros. has given the greenlight to its long-gestating remake of the 1988 Japanese anime epic ...
Sat, October 22, 2011
'Akira' Remake Gets Greenlight; Spring 2012 Start Date Eyed
Akira is finally a go. Variety reports that Warner Bros. has given the greenlight to its long-gestating remake of the 1988 Japanese anime epic ...
Fri, October 21, 2011
'Akira' Remake Gets Greenlight; Spring 2012 Start Date Eyed
Akira is finally a go. Variety reports that Warner Bros. has given the greenlight to its long-gestating remake of the 1988 Japanese anime epic ...
Thu, October 13, 2011
Sony Ericsson shifts to smartphones amid Sony buyout talk
By Simon Johnson
STOCKHOLM (Reuters) - Mobile phone maker Sony Ericsson will focus entirely on the booming smartphone market, going head to head with rivals ...
Thu, October 13, 2011
Rich world economic malaise to endure into 2012: Reuters poll
By Andy Bruce
LONDON (Reuters) - Stagnation is probably the best many of the world's biggest developed economies can hope for over the next ...
Wed, October 12, 2011
Phillies' Howard could miss start of 2012 season
(Reuters) - Philadelphia Phillies first baseman Ryan Howard could miss the start of the 2012 Major League Baseball season after undergoing surgery on his left ...
Wed, October 12, 2011
Tea Party bringing cash to 2012 elections
By Kim Dixon
WASHINGTON (Reuters) - Republican candidates in the 2012 U.S. elections will have a powerful weapon they lacked four years ago -- heavy ...
Tue, October 11, 2011
Giuliani not running for U.S. president in 2012
NEW YORK (Reuters) - Former New York Mayor Rudy Giuliani said on Tuesday he will not enter the race for the Republican nomination to run ...
Sat, October 08, 2011
Business jet industry looks to 2012 for growth
By Karen Jacobs
(Reuters) - The business jet industry is expecting 2012 to mark its first year of growth in deliveries since the financial downturn ...
Wed, October 05, 2011
Sarah Palin decides not to run in 2012
By Steve Holland
WASHINGTON (Reuters) - Sarah Palin said on Wednesday that she will not seek the Republican presidential nomination in 2012, ending months of ...
Mon, October 03, 2011
Olympics: Intelligence key to anti-doping in 2012
By Kate Kelland
LONDON (Reuters) - Intelligence gathered from everyone from cleaning staff to customs officials will help authorities to target drug testing at the ...
Sun, October 02, 2011
White House voices concern on China currency bill
By Paul Eckert and Alister Bull
WASHINGTON (Reuters) - The prospects for U.S. legislation designed to get China to revalue its currency appeared to ...
Fri, September 30, 2011
Christie opts out of 2012 presidential race
By Dave Warner
TRENTON, New Jersey (Reuters) - New Jersey Governor Chris Christie dashed hopes on Tuesday he might make a late leap into the ...
Fri, September 30, 2011
Teenage sensation Thomson given LPGA membership for 2012
(Reuters) - Teenage prodigy Alexis Thompson will compete full-time on the LPGA Tour next year after her petition for membership was approved by the LPGA ...
Fri, September 30, 2011
Global wine auctions, investments to slow in 2012
By Cathy Yang
HONG KONG (Reuters) - Global wine auctions and investments will slow next year as the euro zone crisis and slowdown in the ...
Thu, September 29, 2011
A 2012 boom for Cain, but winning will be tougher
By John Whitesides
WASHINGTON (Reuters) - Herman Cain is on a roll, the latest hot commodity in a constantly shifting 2012 Republican presidential race.
But ...
Wed, September 28, 2011
Samsung sees low growth rate for chip industry in 2012
TAIPEI (Reuters) - Samsung Electronics expects the semiconductor industry to grow at a low rate next year as the global economic slowdown cuts into demand ...
Wed, September 28, 2011
Mariners and Athletics to open 2012 MLB season in Tokyo
(Reuters) - Major League Baseball (MLB) will open its season in Tokyo, Japan, for the first time in four years when the Seattle Mariners and ...
Tue, September 27, 2011
Accenture sees strong 2012, lifts gloom
By Siddharth Cavale and Bijoy Anandoth Koyitty
(Reuters) - Accenture Plc
Tue, September 27, 2011
Rock and Roll Hall unveils nominees for 2012
(Reuters) - Trailblazing women in rock such as Joan Jett and Heart's Wilson sisters, as well as iconic rappers the Beastie Boys were among ...
Mon, September 26, 2011
Christie's No. 2 denies 2012 White House bid
NEW YORK (Reuters) - New Jersey Governor Chris Christie's No. 2 on Monday knocked down fresh speculation that the Republican was considering a run ...
Mon, September 26, 2011
Libya sounds discordant note among 2012 anthems
LONDON (Reuters) - The recording of the 205 national anthems for next year's London Olympics has finally been wrapped up although the conflict in ...
Fri, September 23, 2011
IOC to probe London 2012 boxing fix claims
By Karolos Grohmann
BERLIN (Reuters) - The International Olympic Committee (IOC) will look into allegations that Azerbaijan was promised two gold medals at next year ...
Thu, September 22, 2011
Boxing body refutes London 2012 fix allegation
LONDON (Reuters) - Amateur boxing's world governing body has dismissed as 'preposterous and utterly untrue' allegations that Azerbaijan was promised two gold medals at ...
Thu, September 22, 2011
ZTE plans to roll out 4G handphones in Q2 2012
By Lee Chyen Yee and Huang Yuntao
HONG KONG (Reuters) - ZTE Corp <0763.HK><000063.SZ>, the world's No.5 cell phone maker, plans to launch 4G ...
Thu, September 22, 2011
Republicans vying to take on Obama in 2012
WASHINGTON (Reuters) - Republican presidential hopefuls gathered in Florida on Thursday for a debate that is likely to see front-runners Rick Perry and Mitt Romney ...
Thu, September 22, 2011
Leading Obama critic endorses Romney for 2012
WASHINGTON (Reuters) - Representative Darrell Issa, a leading Obama administration critic, endorsed Mitt Romney for president on Thursday, bolstering the conservative credentials of the former ...
Thu, September 22, 2011
AT&T sees 2012 looking similar to 2011
NEW YORK (Reuters) - AT&T Inc
Stephenson told a Goldman Sachs investor conference that that he sees AT&T's business services division returning to growth in the fourth quarter of this year, but he noted that the company is dependent on employment levels and the U.S. economy.
"We're not seeing the signs that's about to take off," Stephenson said, adding that if he had to make a prediction right now, "2012 wouldn't look a lot different to what we've seen for 2011."
Stephenson said the consumer market was largely unchanged from December 2010, with "little activity" in the low end and trends unchanged at the high-end of the market.
The executive said the company still hoped it can address the U.S. government's concerns about its proposed $39 billion purchase of Deutsche Telekom AG
While it is preparing for a trial starting February 13 to defend the deal, AT&T is also looking to talk to the U.S. Department of Justice about a possible settlement ahead of the court date. The DoJ sued to block the deal in August.
"We do remain hopeful there may be some kind of solution that could address the DoJ concerns," Stephenson told the conference. "The benefits of the deal are unchanged."
AT&T has promised T-Mobile USA a package of benefits as a consolation if regulators do not approve the deal. The package includes a $3 billion cash breakup fee, some wireless spectrum and a roaming agreement.
Stephenson said he could not put a value on the roaming segment of the breakup package but described it as a multiyear roaming agreement for its slower second- and third-generation mobile network in response to a question.
Some sources have estimated that the entire package could be worth as much as $6 billion.
Shares of AT&T were down 1.6 percent at $27.86 in early trading.
(Reporting by Sinead Carew; Editing by Gerald E. McCormick and Lisa Von Ahn)
Wed, September 21, 2011
FedEx pares 2012 outlook, shares hit 2-year low
By Lynn Adler
(Reuters) - FedEx Corp
Wed, September 21, 2011
General Mills profit beats, affirms 2012 view
(Reuters) - General Mills Inc reported a better-than-expected quarterly profit on Wednesday, as price increases helped it contend with the much higher ingredient and fuel ...
Mon, September 19, 2011
Analysis: Obama, GOP shift tax, budget fight into 2012
By Kevin Drawbaugh
WASHINGTON (Reuters) - President Barack Obama and Republicans in Congress are digging in to fight the 2012 election campaign over the budget ...
Sun, September 18, 2011
AngloGold chief sees gold at $2,200/oz by 2012
By Ernest Scheyder
CRIPPLE CREEK, Colo. (Reuters) - The chief executive of AngloGold Ashanti Ltd
Thu, September 15, 2011
Analysis: Sarah Palin's predicament -- will she run in 2012?
By Steve Holland
WASHINGTON (Reuters) - Sarah Palin faces a dilemma.
The conservative firebrand could use her electrifying, combative personality to leap into the race ...
Thu, September 15, 2011
CMS sees private Medicare plans growing in 2012
By Anna Yukhananov
WASHINGTON (Reuters) - More elderly and disabled Americans will enroll in private Medicare health insurance plans next year, and they will pay ...
Thu, September 15, 2011
Baidu's Qunar planning 2012 U.S. IPO: MarketWatch
(Reuters) - A travel website majority-owned by Chinese search engine Baidu is planning a 2012 U.S. initial public offering, according to MarketWatch.
The details ...
Wed, September 14, 2011
Huawei targets enterprise deals at $7 billion by 2012
By Lee Chyen Yee and Huang Yuntao
DALIAN, China/HONG KONG (Reuters) - Huawei Technologies Co Ltd, the world's No.2 network equipment maker ...
Wed, September 14, 2011
Facebook to delay IPO until late 2012
(Reuters) - Facebook will delay its initial public offering until the end of next year so employees can focus on developing products for the No ...
Wed, September 14, 2011
Electoral college switch could hurt Obama in 2012
By Kim Dixon
WASHINGTON (Reuters) - Republicans in Pennsylvania are mounting a bid to end the political battleground state's winner-take-all system for electoral votes ...
Wed, September 14, 2011
Derma sees partner for new drug in first half 2012
By Anand Basu
NEW YORK (Reuters) - Derma Sciences Inc expects to find a deep-pocketed partner for its treatment for diabetes-induced foot ulcers in the ...
Wed, September 14, 2011
Huntsman scores big corporate backers for 2012
WASHINGTON (Reuters) - Republican presidential hopeful Jon Huntsman, struggling to gain traction in the polls, on Wednesday scored some big corporate allies, including Morgan Stanley ...
Wed, September 14, 2011
Broncos Release 2011-2012 Men’s Basketball Schedule
KALAMAZOO, MI (WKZO) – As with the WMU Football Team, there is a lot expected out of the Men’s Basketball Team this season. Coach ...
Tue, September 13, 2011
Kardashian offers 2012 brides the chance to win her wedding package
The socialite and reality TV star, who wed professional basketball player Kris Humphries in California last month (Aug11), is offering up the design team ...
Tue, September 13, 2011
IEA cuts oil demand growth forecasts for 2011, 2012
By Christopher Johnson
LONDON (Reuters) - World oil consumption will increase more slowly than expected this year and next as the pace of global economic ...
Mon, September 12, 2011
No possibility I won't be on 2012 ticket: Biden
WASHINGTON (Reuters) - Vice President Joe Biden said on Monday that Secretary of State Hillary Clinton would be "a great candidate" but that he will ...
Thu, September 08, 2011
Eddie Murphy to Host 2012 Oscars
It was a nice attempt on the Academy's part to have James Franco and Anne Hathaway host the Oscars last February. I get ...
Tue, September 06, 2011
Spain and Italy through to Euro 2012
By Martyn Herman
LONDON (Reuters) - World champions Spain and Italy completed the formalities of qualification for Euro 2012 on Tuesday, Netherlands are as good ...
Tue, September 06, 2011
Holmes has successful brain surgery, eyes 2012 Tour return
MIAMI (Reuters) - American J.B. Holmes had successful brain surgery last week and plans to return to the PGA Tour next year, his manager ...
Tue, September 06, 2011
South Carolina could be Rick Perry country in 2012
By John Whitesides
COLUMBIA, South Carolina (Reuters) - Deeply conservative South Carolina, home to an early and often decisive Republican presidential primary, could be Rick ...
Mon, September 05, 2011
China growth may slide below 9 percent in 2012: FX regulator
By Kevin Yao
BEIJING (Reuters) - China's economic growth in 2012 may drop below 9 percent for the first time in a decade, a ...
Fri, September 02, 2011
Republican group amasses $25 million for 2012 election
By Kim Dixon
WASHINGTON (Reuters) - A major Republican-linked fundraising group has amassed $25 million this year to finance attacks on President Barack Obama and ...
Wed, August 31, 2011
Romney aims at Republican center with economy plan
By Patricia Zengerle
WASHINGTON (Reuters) - Presidential hopeful Mitt Romney aimed squarely at the Republican center as he launched his economic program on Tuesday, proposing ...
Tue, August 30, 2011
U.S. vote in 2012 will be record, $6 billion election
By Patricia Zengerle
WASHINGTON (Reuters) - Forget the struggling economy. There's one U.S. industry -- Big Politics -- that is looking ahead to a record ...
Tue, August 30, 2011
Qiagen aims for 2-digit percentage growth in 2012
FRANKFURT (Reuters) - Genetic-testing specialist Qiagen, which has been burdened by weak U.S. demand for two years, aims to return to double-digit percentage sales ...
Tue, August 30, 2011
Dan Aykroyd: 'Ghostbusters 3' to Start Shooting in 2012
After seemingly endless months of speculation, the long-awaited (and possibly ill-advised) revival of Ghostbusters could finally be in the offing. Dan Aykroyd appeared on ...
Mon, August 29, 2011
Dan Aykroyd: 'Ghostbusters 3' to Start Shooting in 2012
After seemingly endless months of speculation, the long-awaited (and possibly ill-advised) revival of Ghostbusters could finally be in the offing. Dan Aykroyd appeared on ...
Sun, August 28, 2011
Dan Aykroyd: 'Ghostbusters 3' to Start Shooting in 2012
After seemingly endless months of speculation, the long-awaited (and possibly ill-advised) revival of Ghostbusters could finally be in the offing. Dan Aykroyd appeared on ...
Sat, August 27, 2011
Dan Aykroyd: 'Ghostbusters 3' to Start Shooting in 2012
After seemingly endless months of speculation, the long-awaited (and possibly ill-advised) revival of Ghostbusters could finally be in the offing. Dan Aykroyd appeared on ...
Thu, August 25, 2011
UBS, Citi cut global growth view, rule out recession
BANGALORE (Reuters) - UBS and Citigroup lowered their forecast for global growth, with sharp reductions to its euro zone view and more modest cuts for ...
Thu, August 25, 2011
UBS cuts China growth outlook amid global slowdown
SINGAPORE/BEIJING (Reuters) - UBS cut its 2011 and 2012 growth forecasts for China on Thursday to reflect weaker growth prospects in developed economies, saying ...
Wed, August 24, 2011
WPP cautious on 2012 after emerging markets help 2011
By Kate Holton
LONDON (Reuters) - WPP
Tue, August 23, 2011
Pataki to visit Iowa ahead of possible 2012 bid
WASHINGTON (Reuters) - Former New York Governor George Pataki plans to visit Iowa on Saturday as speculation mounts that he will jump into the race ...
Mon, August 22, 2011
Boyle opens casting call for 2012 Olympics shows
The Slumdog Millionaire director is heading up the committee to stage the shows and he's previously vowed to go ""back to basics"", but ...
Sun, August 21, 2011
White House: Vacationing Obama working on economy
By Alister Bull
VINEYARD HAVEN, Massachusetts (Reuters) - President Barack Obama has taken heat for taking a vacation when the U.S. economy is struggling ...
Sun, August 21, 2011
Republicans may never get 2012 dream candidate
By Patricia Zengerle
WASHINGTON (Reuters) - Republicans still hoping that another candidate will jump into the presidential race and give the party a better chance ...
Sun, August 21, 2011
Boyle opens casting call for 2012 Olympics shows
The Slumdog Millionaire director is heading up the committee to stage the shows and he's previously vowed to go ""back to basics"", but ...
Sat, August 20, 2011
Boyle opens casting call for 2012 Olympics shows
The Slumdog Millionaire director is heading up the committee to stage the shows and he's previously vowed to go ""back to basics"", but ...
Fri, August 19, 2011
Feingold says he will not seek office in 2012
By Brendan O'Brien
MILWAUKEE (Reuters) - Russ Feingold, the former Democratic senator from Wisconsin, said on Friday he will not be a candidate for ...
Thu, August 18, 2011
Coca-Cola to invest $4 billion more in China starting 2012
BEIJING/SHANGHAI (Reuters) - Coca-Cola
Tue, August 16, 2011
Dell slashes 2012 sales forecast, bodes ill for HP
By Poornima Gupta
SAN FRANCISCO (Reuters) - Dell Inc slashed its 2012 revenue forecast as an already weak outlook for technology spending this year worsened ...
Sun, August 14, 2011
Bachmann also takes aim at Fed
By Harriet McLeod
SPARTANBURG, South Carolina (Reuters) - Michele Bachmann took aim at the Federal Reserve Tuesday, after rival candidate Rick Perry caused a storm ...
Sat, August 13, 2011
Texas Governor Rick Perry launches presidential bid
By Harriet McLeod and Jason McLure
CHARLESTON, S.C./GREENLAND, New Hampshire (Reuters) - Republican Rick Perry, the conservative governor of Texas, on Saturday declared ...
Sat, August 13, 2011
Struggling Republican Pawlenty exits White House race
By Will Dunham
WASHINGTON (Reuters) - Former Minnesota Governor Tim Pawlenty became the first major casualty in the marathon presidential campaign on Sunday while fellow ...
Fri, August 12, 2011
Analysis: Palin boosts political influence, buffers brand
By Patricia Zengerle
WASHINGTON (Reuters) - Sarah Palin may not be officially seeking the Republican nomination for president, but she is making sure she stays ...
Thu, August 11, 2011
Some Pawlenty donors start to doubt 2012 campaign
By Todd Melby and Kim Dixon
MINNEAPOLIS/WASHINGTON (Reuters) - As his campaign for U.S. president fails to take flight, some donors to Republican ...
Thu, August 11, 2011
Republican donors hedging 2012 election bets
By Kim Dixon
WASHINGTON (Reuters) - Hundreds of Republican donors, including some party kingmakers, are hedging their bets by donating to more than one presidential ...
Wed, August 10, 2011
Analysis: Messy Wisconsin recalls bode ill for 2012 election
By David Bailey
LA CROSSE, Wis (Reuters) - A day after Wisconsin held the largest round of recall elections in U.S. history, analysts parsing ...
Tue, August 09, 2011
Analysis: For unions, state votes may point way for 2012
By Patricia Zengerle
WASHINGTON (Reuters) - Labor unions and their Republican opponents are pouring record amounts of cash into state ballot fights over workers' rights ...
Mon, August 08, 2011
Texas Governor Perry to run for president
By Chris Baltimore
HOUSTON (Reuters) - Texas Governor Rick Perry, a staunch conservative with a Washington outsider's resume, will seek the 2012 Republican nomination ...
Fri, August 05, 2011
Lollapalooza closes with muddy, rainy dance party
By Michael Hirtzer
CHICAGO (Reuters) - Mouse ears in the mud. It seemed a fitting end to the 20th anniversary of Lollapalooza, the three-day music ...
Wed, August 03, 2011
Chrysler unlikely to go public in 2012: Marchionne
By Deepa Seetharaman
TRAVERSE CITY, Michigan (Reuters) - An initial public offering of shares in Chrysler Group LLC is unlikely in 2012, Sergio Marchionne, the ...
Wed, August 03, 2011
Garmin sees gloom before revival in late-2012, shares down
By Supantha Mukherjee and Siddharth Cavale
BANGALORE (Reuters) - Garmin Ltd's efforts to revive waning sales of its once popular personal navigation devices will ...
Wed, August 03, 2011
SocGen warns on 2012 profits as earnings fall
PARIS (Reuters) - Societe Generale
Mon, August 01, 2011
NJ Governor Christie more like 2016, not 2012, hopeful
By Edith Honan
NEW YORK (Reuters) - New Jersey Governor Chris Christie has said he has no interest in running for president but relentless speculation ...
Mon, August 01, 2011
Analysis: Debt negotiators eye 2012
By Patricia Zengerle
WASHINGTON (Reuters) - Lawmakers bogged down in talks on the debt limit need to reach a deal by an August 2 deadline ...
Fri, July 29, 2011
Wisconsin recall ad deluge may presage 2012 election
By James B. Kelleher
CHICAGO (Reuters) - A deluge of political advertising in Wisconsin this summer to sway the largest wave of special state elections ...
Fri, July 29, 2011
Turkey set to be dropped from 2012 F1 calendar
By Mark Meadows
BUDAPEST (Reuters) - Turkey looks set to be dropped from next year's Formula One calendar after teams said a sad farewell ...
Fri, July 29, 2011
Three shortlisted to run 2012 Olympic aquatics centre
LONDON (Reuters) - International service company Serco Group is among three bidders shortlisted to run the 2012 Olympic aquatics center and handball arena after the ...
Fri, July 29, 2011
EADS eyes higher 2012 profit as Airbus orders surge
By James Regan and Cyril Altmeyer
PARIS (Reuters) - EADS
Wed, July 27, 2011
Soccer can be a sellout in 2012, says Deighton
By Alan Baldwin
LONDON (Reuters) - Next year's Olympic soccer tournaments may well sell out before the Games despite nearly 1.5 million tickets ...
Wed, July 27, 2011
Giants coach Coughlin signs contract extension through 2012
NEW YORK (Reuters) - Tom Coughlin, who coached the New York Giants to a Super Bowl victory in 2008, agreed to a one-year contract extension ...
Wed, July 27, 2011
Chunky and bold, London reveals medals for 2012 Games
By Martyn Herman
LONDON (Reuters) - The thousands of athletes striving to compete at London 2012 now know what treasure awaits at the end of ...
Wed, July 27, 2011
First swim in 2012 pool lets imagination run wild
By Mitch Phillips
LONDON (Reuters) - Finding a meter of space is often a rarity when swimming in London's crowded public pools so one ...
Wed, July 27, 2011
Aquatics Center opens to complete London 2012's big five
By Martyn Herman
LONDON (Reuters) - Five years after the earth-movers began leveling the bleak, puddle-strewn industrial landscape just east from the City's financial ...
Tue, July 26, 2011
Analysis: Debt negotiators eye 2012
By Patricia Zengerle
WASHINGTON (Reuters) - U.S. lawmakers bogged down in talks on the debt limit need to reach a deal by an August ...
Tue, July 26, 2011
China eyes world's deepest dive in manned submersible by 2012
BEIJING (Reuters) - Chinese scientists aim to complete the world's deepest dive in a manned submersible in 2012 by going to 7,000 meters ...
Mon, July 25, 2011
NJ Governor Christie more like 2016, not 2012, hopeful
By Edith Honan
NEW YORK (Reuters) - New Jersey Governor Chris Christie has said he has no interest in running for president but relentless speculation ...
Wed, July 20, 2011
Analysis: Tough fight for Obama in 2012 in some key states
By Patricia Zengerle
WASHINGTON (Reuters) - President Barack Obama bucked decades-old electoral trends to win the White House in 2008, taking nine states that had ...
Wed, July 20, 2011
London 2012 offers a stage for all the world
By Alan Baldwin
LONDON (Reuters) - While London looks forward to welcoming the world to its Olympics, much of that world has been busy making ...
Tue, July 19, 2011
Republican 2012 hopefuls turn on each other
By John Whitesides
WASHINGTON (Reuters) - After months of criticizing President Barack Obama's economic leadership, the Republican White House hopefuls are turning some of ...
Wed, July 13, 2011
Wisconsin Democrats say likely to recall governor in 2012
MADISON (Reuters) - Wisconsin Democrats are increasingly confident that efforts to recall the state's Republican governor in 2012 will succeed, a top official said ...
Wed, July 13, 2011
Obama 2012 campaign breaks cash goal, records
By Kim Dixon
WASHINGTON (Reuters) - President Barack Obama raised a record-shattering $86 million for his re-election campaign from April to June, exceeding a $60 ...
Tue, July 12, 2011
Analysis: Obama's tilt right could sting in 2012
By Kim Dixon and Eric Johnson
WASHINGTON/CHICAGO (Reuters) - President Barack Obama's tilt to the right in debt talks is denting enthusiasm within ...
Sat, July 09, 2011
Toys R Us IPO now expected in 2012: sources
NEW YORK (Reuters) - The initial public offering of Toys R Us, the world's largest toy retailer, is now expected in 2012, two sources ...
Thu, July 07, 2011
Texas Governor Perry likely to run in 2012
By John Whitesides
AUSTIN, Texas (Reuters) - Among political insiders in the Texas state capital, one thing is considered certain: Governor Rick Perry will jump ...
Tue, July 05, 2011
Security tests begin on London 2012 venues
By Avril Ormsby
LONDON (Reuters) - British police have begun testing Olympic venues against all potential terrorist threats, including from Irish dissidents and Islamists, the ...
Mon, July 04, 2011
Ireland signals bigger cut in 2012 budget deficit
By Padraic Halpin
DUBLIN (Reuters) - Ireland's finance minister signaled on Monday that the government would make a larger budgetary adjustment of 4 billion ...
Fri, July 01, 2011
Little-known Republican McCotter opens White House bid
WASHINGTON (Reuters) - Thaddeus McCotter, a guitar-playing Michigan congressman with an independent streak, formally launched a longshot bid for the 2012 Republican presidential nomination on ...
Tue, June 28, 2011
California Congresswoman Woolsey says to retire in 2012
By Gabrielle Saveri
PETALUMA, California (Reuters) - U.S. Representative Lynn Woolsey said on Monday she will retire after two decades in office, the first ...
Sat, June 25, 2011
Staff a big business worry during 2012 Olympics: survey
LONDON (Reuters) - A potential lack of available staff and the risk of a security incident are British business' biggest concerns during next year's ...
Wed, June 22, 2011
Obama touts efforts to advance gay rights
By Laura MacInnis
NEW YORK (Reuters) - President Barack Obama on Thursday touted his efforts to advance gay rights and promised further progress, but stopped ...
Wed, June 22, 2011
AT&T eyes Q1 2012 approval for T-Mobile merger
By Jasmin Melvin
WASHINGTON (Reuters) - AT&T Inc
AT&T General Counsel Wayne Watts told reporters on Tuesday that the regulators' review of the deal thus far had been thorough, fact-based and "exactly as we expected."
The company has supplied the Justice Department with a requested second round of data, and has reviewed the comments of those who oppose the deal. The comment period closed Monday at the Federal Communications Commission.
"Here we are the day after those comments are in, and I can tell you I have not been surprised by anything that has happened in that process," Watts said.
The deal, which requires FCC and Justice Department approval, would concentrate 80 percent of U.S. wireless contract customers in just two companies -- AT&T/T-Mobile and Verizon Wireless
AT&T contends that the merger is necessary to improve service to its customers in the near-term by upgrading a network criticized by consumers for dropped calls and slow data speeds.
The company has committed to expanding next generation 4G wireless service to 97 percent of the U.S. population.
Further, T-Mobile USA has said it will not be able to remain competitive in the U.S. wireless market as its parent company, Deutsche Telekom AG
Watts rejected criticisms of the merger, including accusations that AT&T is warehousing spectrum and creating a duopoly with Verizon.
He said that while wireless carriers provide a national service, service plans and contracts are bought at the local level. He was confident regulators would review the deal on a market-by-market basis.
"There are so many competitors in the various markets that there are a wide range of markets where there's going to be four or more competitors left after this transaction," Watts said.
Watts declined to speculate about any conditions regulators might want to place on the deal or what kind of conditions the company might be willing to accept in exchange for approval.
"Having too many conditions doesn't look like what we should be thinking about right now. We're focusing on getting it done," he said.
(Reporting by Jasmin Melvin; Editing by Tim Dobbyn)
Mon, June 20, 2011
Apple executive takes full control as Penney CEO in February
NEW YORK (Reuters) - J.C. Penney Co Inc on Monday gave an exact date for completely handing over the reins of the department store ...
Sat, June 18, 2011
Rick Perry sounds like a 2012 candidate in New Orleans
By John Whitesides
NEW ORLEANS (Reuters) - Texas Governor Rick Perry looked and sounded like a White House contender on Saturday, delivering a fiery condemnation ...
Sat, June 18, 2011
Ron Paul wins 2012 Republican straw poll in New Orleans
NEW ORLEANS (Reuters) - Representative Ron Paul easily won a Republican Leadership Conference straw poll of the party's 2012 presidential contenders on Saturday, with ...
Fri, June 17, 2011
Euro 2012 winners could collect 23.5 million euros prize
GENEVA (Reuters) - The winners of next year's Euro 2012 championships in Poland and Ukraine could earn 23.5 million euros ($33.76 million ...
Fri, June 17, 2011
2012 Detroit Auto Show Changes
DETROIT, MI (Metro Source) - The North American International Auto Show in Detroit will have more space and new vehicle introductions in 2012. Cobo Center ...
Wed, June 15, 2011
Clippers keep Griffin under contract through 2012-13 season
LOS ANGELES (Reuters) - NBA rookie of the year Blake Griffin will stay with the Los Angeles Clippers for two more seasons after the Clippers ...
Mon, June 13, 2011
French London 2012 ticket website crashes on first day
PARIS (Reuters) - The official French website for London 2012 Olympic tickets crashed on its first day on Monday with media reports saying it was ...
Sat, June 11, 2011
Congressman Mike Pence to run for Indiana governor
By Susan Guyett
INDIANAPOLIS (Reuters) - Mike Pence, a six-term Indiana congressman and staunch conservative Republican, officially kicked off his run for governor on Saturday ...
Wed, June 08, 2011
London 2012 unveils "golden cheesegrater" Olympic torch
By Mitch Phillips
LONDON (Reuters) - The London 2012 Olympics has unwittingly acquired its first iconic image after unveiling an Olympic torch design which looks ...
Tue, June 07, 2011
Nintendo Wii U underwhelms investors
By Liana B. Baker and Isabel Reynolds
LOS ANGELES, Jun (Reuters) - The launch of Nintendo Co Ltd's next-generation Wii console failed to address ...
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