TOKYO (Reuters) – Sony Corp and Panasonic Corp signaled the worst may be over for the world’s two largest consumer electronics makers as they raised their full year outlooks, helped by cost cuts.

See more here:
Sony, Panasonic outlooks suggest sector recovery

(10-30) 01:48 PDT TOKYO, Japan (AP) — Panasonic posted a quarterly profit for the first time in a year, buoyed by recovering demand for home electronics and appliances. Osaka-based Panasonic Corp. said Friday it booked a 6.1 billion yen ($67…

Sponsored Topics:
Japan – Osaka – TOKYO – Asia – Panasonic Corporation

See more here:
Panasonic posts first quarterly profit in a year

(10-30) 01:44 PDT SINGAPORE (AP) — Oil prices hovered near $80 a barrel Friday in Asia after the U.S. economy snapped four straight quarters of contraction, suggesting demand for crude will improve. Benchmark crude for December delivery was…

Sponsored Topics:
Asia – Economy of the United States – US – Benchmark – Business

Read the original:
Oil hovers near $80 as US economy recovers

(10-30) 01:41 PDT TEGUCIGALPA, Honduras (AP) — Representatives of ousted President Manuel Zelaya finally reached an agreement with the interim government that could help end the monthslong dispute over Honduras’ June 28 coup, and possibly pave the…

Sponsored Topics:
Honduras – United States – Central America – US – Society and Culture

Read more from the original source:
Honduras’ ousted president, government sign pact

SHANGHAI (Reuters) – The ChiNext stock market, China’s long-awaited Nasdaq-style second board, debuted on Friday with a speculative surge that more than doubled the price of all 28 stocks during intraday trade — a good sign for companies lining up to list on China’s stock markets.

Read the original post:
Stocks sizzle as China debuts start-ups market

LONDON (Reuters) – NYSE Euronext on Friday posted a 28-percent drop in third-quarter net income to $125 million, outperforming market expectations.

More:
NYSE Euronext Q3 earnings down 27 percent

BW’s Frederik Balfour checks in on China’s newest stock-trading roller coaster, ChiNext, which just opened in Shenzhen

Credit:
Casino Trading on China’s Nasdaq-Style Exchange

China’s newest roller coaster opened today in Shenzhen. It’s called ChiNext, and is the country’s answer to Nasdaq. The long awaited bourse has been nearly 10 years in the birthing, and retail investors have been chomping at the bit for a new venue to engage in “chao gu”, meaning stir fry, the …

View original here:
Casino Trading: China’s Nasdaq-style Exchange Opens

SEOUL (Reuters) – Samsung Electronics , the world’s top maker of memory chips and LCD screens, gave a robust outlook, signaling bigger players are set to further widen the gap over smaller firms in a tech sector recovery.

Originally posted here:
Samsung upbeat on 2010 after record Q3 profit

(10-30) 00:11 PDT Lubbock, Texas (AP) — For more than a century, small green beetles ate through U.S. cotton crops, costing growers $20 billion and making the boll weevil the most expensive agricultural pest in the nation’s history. But…

Sponsored Topics:
Agriculture – United States – Cotton – US – Lubbock Texas

See original here:
US cotton almost clear of voracious boll weevil

(10-30) 00:01 PDT TOKYO, Japan (AP) — Sony reported a smaller-than-expected 26.3 billion yen loss ($289 million) for the July-September quarter as healthy sales of PlayStation 3 game consoles and Michael Jackson hits put it on track for a gradual…

Sponsored Topics:
TOKYO – Japan – Japanese people – Asia – Sony

Original post:
Sony stays in the red, trims annual loss forecast

A U.S. District Court judge in San Jose has awarded Facebook $711 million in damages in an anti-spam case the social-networking giant filed against online marketer Sanford Wallace, who is known as the “Spam King.” The Palo Alto company claimed…

Sponsored Topics:
Facebook – Sanford Wallace – United States district court – Spam – San Jose California

See original here:
Spammer ordered to pay Facebook $711 million

Chevron Corp. reported Friday that its third-quarter profit plunged 52 percent compared with the same period last year, falling to $3.83 billion ($1.92 per share). But the results may look worse than they actually are. Chevron, the nation’s…

Sponsored Topics:
Chevron Corporation – Chevron – Sports – Equestrian – Associations

Here is the original:
Chevron quarterly profit off 52% from ’08 record

Bay Area residents seem inclined to spend less this holiday season than they did last year, according to a survey that suggests that job insecurity could crimp budgets for shopping and good cheer. A new poll of consumers by the Deloitte consulting…

Sponsored Topics:
San Francisco Bay Area – United States – California – Metro Areas – Christmas and holiday season

View original post here:
Holiday spending boost may not happen here

Grim signals about consumer spending ripped through the markets Friday, sending stocks tumbling as investors raced for safe havens. The Standard & Poor’s 500 index and the Nasdaq composite index ended with losses for October, breaking a streak of…

Sponsored Topics:
Business – S&P 500 – Nasdaq Composite – Standard & Poor – Investing

View post:
Stocks skid amid fall in consumer spending