IDC Sees 2nd Quarter Total Worldwide Tablet Shipments Up 66%
Total worldwide tablet shipments for the second quarter are estimated to be 66% higher year-over-year, according to International Data Corporation's Worldwide Quarterly Media Tablet Tracker.
HSBC Sells HSBC Shipping Services for Undisclosed Sum
HSBC Holdings PLC (HBC) said Thursday its wholly-owned subsidiary HSBC Bank PLC has agreed to sell HSBC Shipping Services Ltd. to members of its current senior management team for an undisclosed sum.
MetLife Reaffirms Return Target Despite Ever-Lower Interest Rates
MetLife Inc. (MET), the largest life-insurer in the U.S., can still hit a key earnings target it set for 2016 despite ever-lower interest rates that have sapped its ability to earn money in its massive investment portfolio.
RBS Faces GBP300m Hit from Mis-selling, IT Meltdown - Sky's Kleinman
Royal Bank of Scotland Group PLC (RBS) is expected to reveal it took a hit of almost 300 million pounds ($469 million) when it issues its first-half results Friday, due to its role in the industry's mis-selling scandal and its recent IT meltdown, which affected millions of customers, Sky News City
Knight Capital Plummets 58%, Looks to J.P. Morgan for Lifeline
A day after spooking Wall Street with a trading glitch, Knight Capital Group revealed a massive $440 million pretax loss tied to the incident, sending the embattled market maker’s shares plummeting another 58% to levels unseen in a decade and searching for an emergency loan from J.P. Morgan Chase.
How to Deduct Child and Dependent Care Expenses
Figuring out child-care deductions is not walk in the park, but if an expense is eligible it can bring hefty savings.
Plunge in Facebook Shares Has California Seeing Red
California is now scrambling because it got hypnotized and overstated by a factor of nearly 50% the amount of capital gains tax revenue that it thought was coming in from the Facebook IPO.
J&J Provides Added Doxil Supply for Clinical Studies
Johnson & Johnson (JNJ) will provide additional supply of its cancer drug Doxil for use in clinical trials, including one testing whether the combination of an experimental Endocyte Inc. (ECYT) drug with Doxil improves treatment of ovarian cancer.
Correction to General Motors Second-Quarter Net, Adjusted EPS
General Motors Co. (GM) reported second-quarter profit of $1.85 billion. A headline at 7:31 a.m. ET incorrectly used the net income figure attributable to common stockholders of $1.49 billion. Another headline at 7:31 incorrectly gave the company's adjusted EPS as 90 cents. The company didn't