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Leaky lifeboat: Weak US corporate profits offer no rescue to sinking stocks

2016-01-22 11:18:33| IT Services - Topix.net

NEW YORK: Investors who hoped U.S. corporate earnings could dig stocks out of their deep hole may find themselves sorely disappointed. Thanks to rapidly dimming forecasts for energy, materials, finance and technology sectors, year-over-year profit declines for Standard & Poor's 500 companies are now expected until the second quarter of 2016 at the earliest, according to data from Thomson Reuters Proprietary Research.

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Broadspectrum rejects takeover offer

2016-01-22 06:53:54| BBC News | Business | UK Edition

Australian detention centre operator Broadspectrum has rejected a second takeover bid from Spanish firm Ferrovial.

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Honda to offer new fuel cell vehicle in California in 2016

2016-01-22 01:41:48| Automakers - Topix.net

Honda Motor Co said on Thursday it will start selling its new hydrogen fuel cell vehicle in California by year's end. Honda is the latest automaker to bring a small number of hydrogen powered vehicles to market amid increasing zero emission vehicle mandates from California and other U.S. states.

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Cellnex-F2i in lead for INWIT with 4.50-per-share offer

2016-01-22 01:00:00| Total Telecom industry news

Consortium's bid for Telecom Italia's towers business makes strategic sense, but comes in below firm's closing share price on Thursday.

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Go Veggie Snacks Offer Options for Vegans and Vegetarians

2016-01-21 21:51:48| Food Processing

The Go Veggie Lactose & Soy Free Bars from Galaxy Nutritional Foods, are snacking cheese alternatives that are gluten- and cholesterol-free.

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