Internacionales inglés

IBM's quarterly revenue sinks to 5-year low as hardware sales fall

Yahoo Business - 44 mins 19 segs ago

IBM Corp, the world's biggest technology services company, reported its lowest quarterly revenue in five years on Wednesday, as Big Blue struggles with falling demand for its hardware and faces challenges in growth markets like China. That has undercut business at some U.S.-based multinationals operating in the world's second-biggest economy.

Asian stocks struggle higher, lack conviction

Yahoo Business - 2 horas 21 mins ago

By Wayne Cole SYDNEY (Reuters) - Asian share markets eked out gains on Thursday as dovish comments from the head of the U.S. Federal Reserve combined with an upbeat economic assessment from the central bank to lift Wall Street for a third straight session. However, disappointing results from Google and IBM knocked their shares lower after the bell and could crimp technology stocks in the region. Indeed, the tech and telecoms sectors in Japan's Nikkei were in the red on Thursday, nudging the overall index down 0.2 percent following a 3 percent jump the previous session. Other markets fared better with shares in Australia up 0.5 percent and MSCI's broadest index of Asia-Pacific shares outside Japan adding 0.33 percent.

Ernesto Zedillo: Director of the Day

Yahoo Business - 3 horas 2 mins ago

Co-authored with Arthur Phillips, research associate at the Center for Economic and Policy Research. Directorships, 2008 - 2012: 5* Total director compensation, 2008 - 2012: $3,626,109** Average annual director compensation, 2008 - 2012: $725,222 Average compensation per full year of service as director: $244,276 *Zedillo was a director of the Electronic Data Systems Corporation from October 2007 to August 2008; however, compensation for his service in 2008 is not available and therefore not included in the above calculations. ...

IBM posts lower 1Q earnings amid hardware slump

Yahoo Business - 4 horas 30 mins ago

NEW YORK (AP) — IBM's first-quarter earnings fell and revenue came in below Wall Street's expectations amid an ongoing decline in its hardware business, one that was exacerbated by weaker demand in China and emerging markets.

Google misses revenue target, ad prices slide

Yahoo Business - 4 horas 44 mins ago

By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices. Shares of Google were down 3 percent to $539.80 in afterhours trading on Wednesday, after initially sliding roughly 6 percent on the news. The number of "paid clicks" by consumers on Google's ads increased by 26 percent in the first quarter, disappointing some analysts who had hoped for stronger volume growth. And the average "cost per click" declined 9 percent, extending a downward trend as mobile advertising, typically cheaper than traditional online ads, make up a bigger slice of its business.

Home sales of $10 million rise in Connecticut town

Yahoo Business - 4 horas 54 mins ago

NEW HAVEN, Conn. (AP) — Connecticut's Gold Coast is living up to its name, with a record $120 million sale of a waterfront estate in Greenwich leading an increase in sales of homes for more than $10 million.

Bank of America's financial crisis costs become a recurring nightmare

Yahoo Business - 5 horas 20 mins ago

Bank of America Corp's financial crisis hangover is lasting longer than expected, leading some investors to wonder if the massive litigation expenses being incurred have become a recurring cost of doing business instead of being dismissed as one-time items. The bank on Wednesday posted $6 billion of litigation costs for its first quarter, far exceeding the $3.7 billion of settlement costs that investors had previously known about. Since the 2008-2009 financial crisis, Bank of America has announced some $50 billion of settlements, before taxes. Litigation expenses in four of the five quarters since the start of 2013 have exceeded $1 billion.

Jeep exec says will have deal for China production by end April

Yahoo Business - 5 horas 23 mins ago

Fiat Chrysler Automobiles will announce an agreement by the end of April to allow production of Jeep models in China, the head of the Jeep brand, Mike Manley, said on Wednesday. He said if not in time for Beijing, the announcement would "come before the end of the month." Fiat Chrysler would produce the Jeep models at a plant it operates with its Chinese joint-venture partner, Guangzhou Automobile Group Co . The plant is in Changsha, capital of the Hunan province, where Fiat produces the Viaggio. Fiat Chrysler has not officially said which Jeep product would be the first to be made at Changsha, but it has strongly hinted it would be the Cherokee, which was introduced in the United States about a year ago.

IBM's quarterly revenue sinks to 5-year low as hardware sales fall

Yahoo Business - 5 horas 38 mins ago

IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products. Revenue from the hardware business, which includes servers and systems storage, plunged 23 percent to $2.4 billion. IBM has been restructuring its business, with job reductions and the sale of its low-end server business to Chinese PC maker Lenovo Group Ltd for $2.3 billion in January, in efforts to achieve its targeted operating earnings of $20 per share by 2015. IBM warned that its hardware business may continue to face hurdles.

Citigroup shuns digital webcast for its shareholder meeting

Yahoo Business - 6 horas 1 min ago

By David Henry NEW YORK (Reuters) - Citigroup Inc , which aspires "to become the world's digital bank", will not webcast its annual meeting next week in St. Louis. Of the top six U.S. banks, only Citigroup and Wells Fargo & Co do not allow investors to listen to live audio from their annual meetings. Analyst Mike Mayo told Reuters on Wednesday that Citigroup's practice is "ludicrous." He said the bank needs to explain what it has learned since March, when the Federal Reserve rejected Citigroup's plan to boost dividends and buy back more shares, and investors should not have to fly to St. Louis to hear it. On Citigroup's conference call with investors on Monday, Mayo asked CEO Mike Corbat if the annual meeting would be webcast.

Leash on expenses helps AmEx counter muted user spending

Yahoo Business - 6 horas 8 mins ago

American Express Co's quarterly profit beat analysts' average estimate as a tighter control on expenses helped make up for slower growth in consumer spending in its key U.S. market. However, Chief Financial Officer Jeff Campbell said on a post-earnings conference call that the business had grown through the second half of the quarter as the weather improved. For a graphic on the company's U.S. billed business growth over the past four years, click ( American Express, which issues its own cards unlike rivals such as Visa Inc and Mastercard Inc , benefits from its largely affluent customers' consistent spending and low default rates. The company's focus on affluent consumers should help drive growth as such customers in the United States spend 6 times more on their cards, Janney Capital Markets analyst Sameer Gokhale wrote in a note in February.

Google's 1Q earnings disappoint as ad prices slip

Yahoo Business - 6 horas 17 mins ago

SAN FRANCISCO (AP) — Google's first-quarter earnings growth faltered as the Internet's most influential company grappled with a persistent downturn in advertising prices while spending more money to hire employees and invest in daring ideas.

Sales of homes for more than $10 million increase

Yahoo Business - 6 horas 28 mins ago

NEW HAVEN, Conn. (AP) — Connecticut's Gold Coast is living up to its name, with a record $120 million sale of a waterfront estate in Greenwich leading an increase in sales of homes for more than $10 million.

GM to seek court protection against ignition lawsuits

Yahoo Business - 6 horas 28 mins ago

GM has said it is protected from liability for claims related to incidents that occurred before it exited bankruptcy in 2009, and has taken steps to raise those issues with the court by filing motions to stay recall-related lawsuits while it asks that bankruptcy court to clarify the extent of that protection. In a filing with the U.S. District Court for the Southern District of Texas on Tuesday, GM asked for a stay on litigation related to ignition claims until a judicial panel on multidistrict litigation decides on a motion to consolidate the case with other lawsuits and the bankruptcy court rules on whether the claims violate GM's 2009 bankruptcy sale order. The company earlier filed a similar motion with the U.S. District Court for the Northern District of California seeking a stay on pending litigation. The defect has been linked to the deaths of at least 13 people and the recall of 2.6 million GM vehicles.

The Democratizing Power of Crowdfunding and the JOBS Act

Yahoo Business - 6 horas 30 mins ago

While the democratizing power of crowdfunding will certainly help the next generation of founders, the benefits of greater market freedom will reach well beyond company founders.

On the Meaning of Entrepreneurship

Yahoo Business - 6 horas 38 mins ago

The path to starting and scaling a venture-backed business is defined by a series of hurdles and gateways that become more challenging as you move through each one.

Hot models at this year's New York Auto Show

Yahoo Business - 6 horas 59 mins ago

NEW YORK (AP) — With more than 1 million visitors annually, the New York International Auto Show is one of the most important shows for the U.S. auto industry. Here are some of the vehicles debuting this year. The show opens to the public Friday.

Obama, Biden announce $600M for job grants

Yahoo Business - 6 horas 59 mins ago

OAKDALE, Pa. (AP) — Emphasizing skills training as key to a growing middle class, President Barack Obama on Wednesday announced $600 million in competitive grants to spur creation of targeted training and apprenticeship programs to help people land good-paying jobs.

Wall Street gains on Yellen comments and Yahoo; BofA falls

Yahoo Business - 7 horas 6 mins ago

By Ryan Vlastelica NEW YORK (Reuters) - Stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low and Yahoo rallied. Data showing Chinese economic growth exceeded expectations and U.S. industrial production rose for a second straight month also improved sentiment, though Bank of America and CSX Corp sold off following their results. Yellen, speaking in New York, reaffirmed the Fed's commitment to keep interest rates low, even after ending its bond-buying program, as long as inflation remains below target and unemployment elevated. "These comments, while nothing out of the ordinary, reiterated the Fed's commitment to accommodative monetary policy, which is helping investors remember that there are more tailwinds than headwinds in the economy," said Kristina Hooper, head of U.S. capital markets research and strategy at Allianz Global Investors in New York.

Some exempted from minimum wage, increased or not

Yahoo Business - 7 horas 11 mins ago

WASHINGTON (AP) — Some low-paid workers won't benefit even if a long-shot Democratic proposal to raise the federal minimum wage becomes law.