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Finance

A collection of news and information related to Finance published by this site and its partners.

Top Finance Articles

Displaying items 12-22
  • Brazil telecom battle heats up as Oi tries to buy, split TIM

    RIO DE JANEIRO/PARIS (Reuters) - Brazil's Grupo Oi SA unveiled plans on Wednesday to take over Telecom Italia's local mobile unit, in a move sources said was aimed at breaking up the country's second-biggest wireless carrier and upstaging merger bids by...
  • Compromise reached to extend, raise funding for film and television tax credit program

    Compromise reached to extend, raise funding for film and television tax credit program
    A compromise was reached Wednesday between Gov. Jerry Brown and lawmakers on a bill that would extend and more than triple funding for a program designed to keep film and television jobs in California, clearing the way for state Senate consideration of...
  • Workday raises revenue forecast as software subscriptions jump

    (Reuters) - Workday Inc reported a better-than-expected 74 percent rise in quarterly revenue due to strong growth in subscriptions for its Web-based human resources and financial management software, and the company raised its full-year revenue forecast....
  • Nutanix raises $140 million as it readies for 2015 IPO

    SAN JOSE, Calif. A data storage company experts say is on track to become the next Oracle announced Wednesday a new round of funding that pushes its value to more than $2 billion. Nutanix, a tech firm that offers organizations from the U.S. Army to...
  • Alibaba revenue soars ahead of IPO

    Alibaba revenue soars ahead of IPO
    (Reuters) - Alibaba Group Holding Ltd's [IPO-BABA.N] revenue accelerated in the second quarter on strong gains in its mobile business, providing investors with what may be the final glimpse of the Chinese e-commerce company's financials before its...
  • Auto sales surge, but buyers may have loans longer than the cars

    WASHINGTON U.S. automobile sales are sizzling in part because Americans increasingly are taking out longer and longer loans to purchase used and new vehicles. That U.S. consumers are unleashing pent-up demand after holding off on buying new cars is...
  • Raymond James hires Beverly Hills branch manager from Merrill Lynch

    NEW YORK (Reuters) - Raymond James & Associates, the branch-based arm of the brokerage and investment firm Raymond James Financial, said on Wednesday that it had hired Andy Waldbaum of Bank of America's Merrill Lynch to head its Beverly Hills,...
  • Immigration could set stage for big U.S. budget showdown

    WASHINGTON (Reuters) - Conservatives in the U.S. Congress who object to President Barack Obama's immigration policies are threatening to tie a must-pass budget bill to the issue, making for a possible showdown in September and raising the specter of a...
  • Factbox: Brazil presidential candidates' policy proposals

    With Brazil on the brink of a recession, President Dilma Rousseff's two main challengers in the October election are promising a return to orthodox economic policies and greater transparency to restore business confidence and investment. Following are...
  • Serving clients, not beating markets

    (Reuters) - It may be that the future of wealth management lies not in beating the market but in helping the client beat her true opponent: herself. The traditional offering of the investment management industry - putting people into products which...
  • Bankrupt Detroit offered bigger loan secured by art

    (Reuters) - A New York-based specialty finance group is ready to loan Detroit as much as $4 billion, double its previous offer, if the bankrupt city uses the masterpieces in its art museum as collateral, according to a new proposal that surfaced this...