Oklahoma City Sun
OklahomaCitySun.com Thursday 11th March 2010 Issue 1005/2010
bullet
Front Page US Business News
corner
Defects unable to stop Toyota sales in USDefects unable to stop Toyota sales in US
The US sales of Toyota vehicles declined nearly 9 percent in...


Add to My Yahoo!
Chrysler takes Volkswagen exec to run FiatChrysler takes Volkswagen exec to run Fiat
The Chrysler Group in the US has named a new executive to head the reintroduction of the Fiat brand to the local...
Kansas City school district shrunken to reduce deficitKansas City school district shrunken to reduce deficit
In the US, the school board in Kansas City has decided to close 26 of the city's 59 public schools to keep the district afloat...
Orange County residents can now go direct to the islandsOrange County residents can now go direct to the islands
The John Wayne Airport in Orange County, California has been given permission to once again run flights to and from the Hawaiian...
Forbes says Gates no longer the world's richest
Mexican tycoon Carlos Slim is the world's richest person, knocking Microsoft founder Bill Gates into second spot, as the wealth of the world's billionaires grew by 50 per cent over the last...
Books-a-million 4q Profit Up, Will Pay Dividend
BIRMINGHAM, Ala. -- Chain book store Books-A-Million Inc. reported Thursday that its profit edged up slightly in the fourth quarter despite a drop in sales.The company said it earned $11.9 million,...
Terex Agrees To Sell 2 Businesses
WESTPORT, Conn. -- Construction equipment maker Terex Corp. said Thursday it has agreed to sell its Atlas heavy construction equipment and knuckle-boom crane businesses.The company did not say who...
Kratos Reports 4q Profit
SAN FRANCISCO -- Defense contractor Kratos Defense & Security Solutions Inc. reported a fourth-quarter profit Thursday.Kratos shares fell 86 cents, or 6 percent, to $13.35. In the past year, they...
Class Action Allowed In Cargill Plant Wage Fight
SCHUYLER, Neb. -- A federal judge has certified a class-action lawsuit against Cargill Meat Solutions Corp. over whether workers at the company's Schuyler plant should be paid for preparation and...
Coca-cola Femsa Bottler To Change Bylaws
MONTERREY, Mexico -- Drinks company Fomento Economico Mexicano SAB said Wednesday its bottler, Coca-Cola FEMSA, plans to change its bylaws so a simple majority of its board can appoint and set...
Summary Box: Exxon Mobil Forecast $28b Spending
FOLLOW THE MONEY: Exxon Mobil Corp. will increase its capital spending by 3 percent to $28 billion this year despite weak global demand for energy. It forecast capital spending between $25 billion...
Kroger Declares Quarterly Dividend Of 9.5 Cents
CINCINNATI -- The Kroger Co., the country's largest grocery retailer, on Thursday declared a quarterly dividend of 9.5 cents per share payable June 1 to shareholders of record as of May 14.Shares of...
Mccormick Expands Recall Of Some Products
SPARKS, Md. -- Spice maker McCormick & Co. Inc. said Thursday it is expanding a recall of some of its products in case they are contaminated with salmonella bacteria.The company said last week that...
Fannie Mae To Offer $6b In Notes
NEW YORK -- Fannie Mae on Thursday said it will offer $6 billion of new 3-year notes due May 7, 2013.The offering was first announced Wednesday without specifics.The notes were priced at $99.839 and...
Epa To Let States Address Rising Ocean Acidity
SEATTLE -- The U.S. Environmental Protection Agency says it will consider ways the states can address rising levels of carbon dioxide in oceans.The agency on Thursday settled a lawsuit filed last...
Trading On The Movies
Think that the latest new movie is going to bomb at the box office? Well soon two exchanges will allow you to put your money where your mouth is. Private investment group Veriana is launching The...
Lessons From Meg Whitman's Mom
In her campaign to become governor of California in the November 2010 elections, Meg Whitman is exercising leadership skills as well as the penchant for risk taking that she showed as chief executive...
Dr Pepper Snapple Goes Down Smooth
Coke Bottles Up .) Things are looking up for Dr Pepper Snapple, as analysts are beginning to upgrade the stock on hopes of a deal with Coca-Cola by year's end. On Thursday Barclay's Capital Markets...
What The Rich Are Buying Now
--are really buying this stuff. Apparently they are. While most consumers aren't returning to their pre-recession shopping patterns, there has been a rebound in luxury spending lately. Ultra affluent...
No Love For Landry's
Tilman Fertitta raising his bid to take Landry's Restaurants private got even slimmer Thursday after the company reported a net loss for its fourth quarter.The Houston-based restaurant operator said...
What To Know Before Buying A Green Car
"We believe that people settled for hybrids because that was the best technology available," says Mark Perry, Nissan's director of product planning. "Right now, you're paying a premium for that...
Dow Ceo: Don't Waste Nat Gas As Transport Fuel
Dow Chemical Chief Executive Andrew Liveris, in a speech at the CERAweek energy conference Thursday afternoon, laid out his position on trends in the energy industry. He said he favors government...
Don't Try This At Home
Next worry: the rowdy Italians behind me, yelling, "Attenzione! Attenzione!" as they tried to imitate Michael Schumacher on ice. If one of them hit me, my efforts to avoid the baby would be for...
Synovus Rallies On Profit Hopes
Richard Anthony is presenting at Citi’s 2010 Financial Services Conference today. The company, which has received TARP funds, hopes to become profitable this year. Additionally, Synovus declared...
Phillip Morris Lights Up Dividend
people ) declared its quarterly dividend of 58 cents per share, maintaining the amount paid last quarter. Based on the current stock price, investors can expect a yield of about 4.7% going...
Broadband In Every Home
With our nation's unemployment rate still stubbornly close to post-World War II highs, it's clear that government spending, tax policy tweaks and job programs alone will not create all the new jobs...
Investors Giddy For Gymboree
erupted on Thursday as investors stampeded toward the stock on news that higher sales in its fourth quarter helped boost its bottom line beyond the expectations of analysts.The San Francisco retailer...
How To Hedge Your Portfolio Against Disaster
Global markets are on a roller coaster ride, and the cacophony of advice is confusing. Some pundits warn investors to brace for deflation, or even hyperinflation. Others say the real risk is another...
Ceo Turnover Jumps To 17-month High In February
In all, 132 CEOs departed their positions in February—a 17-month high—and a 48 percent increase from the 89 executives who left in January. The number is 61 percent higher than it was a year ago....
Microsoft Offers Netsuite Customers Incentive To Switch To Dynamics Erp
REDMOND, Wash., March 11 /PRNewswire-FirstCall/ -- Microsoft Corp. is offering midsize businesses looking to benefit from advanced functionality, easy interoperability with other line-of-business...
Summary Box: Smithfield Foods 3q Results
RECOVERY: Smithfield Foods Inc., the nation's largest hog producer and pork processor, reported a profit in its third quarter after more than a year of losses.CHALLENGE: Meat companies are beginning...
Regulator Faults Wall Street Banks On Derivatives
FILE - In this June 22, 2009 file photo, U.S. Commodity Futures Trading Commission Chairman Gary Gensler testifies on Capitol Hill in Washington, before the Senate Banking Committee. Gensler...
Smtc Corp. Moves To Profit In 4th Quarter
NEW YORK -- SMTC Corp. on Thursday said it moved to a quarterly profit, which sent shares of the electronics manufacturing services provider higher.Shares of the small-capitalization stock rose 79...
Motorola To Add Microsoft's Bing To Smart Phones
LIBERTYVILLE, Ill. -- Motorola Inc. said Thursday that it will add Microsoft Corp.'s Bing search and map functions to its smart phones that use Google Inc.'s Android operating software.Motorola said...
Willbros Posts 4q Loss As Revenue Tumbles
HOUSTON -- Willbros Group Inc., an engineering and construction company, reported Thursday a narrower fourth-quarter loss as it cut costs as its revenue fell by more than half.The loss was still...
Jackson Hewitt Swings To Fiscal 3rd-quarter Loss
NEW YORK -- Jackson Hewitt Tax Service Inc. on Thursday said it moved to a quarterly loss, hurt by one-time charges and lower sales, partly due to the problems with a key program ahead of tax...
Imax Chief Says Avatar Is Just The Start
triggered a sense of urgency on the part of exhibitors, particularly international ones," says Gelfond.IMAX proved in 2009 that its business model was viable Gelfond says, but "in 2010, we'll see how...
Secular Bear Market Reaches 10th Anniversary!
We didn’t hear much about it during the optimism of the 2003-2007 bull market, nor since the current bull market began a year ago. But it is pretty much agreed that when the market topped out in...
Learning About Internet Freedom From Despots And Drug Dealers
Mahmoud Ahmadinejad can teach you everything you need to know about internet freedom. When Iranians recently took to blogs and Twitter to spread the word about unfair elections and upcoming...
White House Launches Games For Healthy Kids Competition
Can games be used to solve broad social problems in areas like health and education? The White House thinks so. Kumar Garg, a policy analyst for the office of science and technology for the White...
Best Of Show Rsa Conference 2010
One thing is evident from this year’s mega-security conference in San Francisco. The security industry is back with a vengeance.  The show was packed with attendees and the expo floor was busier...
Enticing Travelers Comes At A Cost
Read All Comments The general concerns about room rates remain a sticking point for the travel industry.Las Vegas hotels and resorts have had trouble ratcheting up revenue per available room after...
Great Brands Make Great Investments
For years marketing professionals have been telling Wall Street that brand value confers a genuine competitive advantage. For years Wall Street has smiled politely, pulled down its green eyeshades...
Dr Pepper Pops To All-time High
Coke Bottles Up .) Things are looking up for Dr Pepper Snapple, as analysts are beginning to upgrade the stock on hopes of a deal with Coca-Cola by year's end. On Thursday Barclay's Capital Markets...
Finding And Curing Prostate Cancer
As a primary care doctor who screens for prostate cancer every day, I can tell you that this disease is both common and potentially deadly. According to the National Cancer Institute, there were...
Getting Hard To Find A Reason To Buy Corporate Bonds
Given the array of perils ahead, bonds from companies with solid credit ratings are starting to look out of whack. What could punish top-shelf investment-grade bonds? Consider the lineup: an expected...
Microsoft Tries To Lure Netsuite Users With New Deal
IDG News Service - Microsoft is offering financial enticements to customers of on-demand ERP vendor NetSuite to switch over to Microsoft's Dynamics family of business applications. NetSuite customers...
Citigroup Sees Return To Sustained Profitability: Pandit
Chief Executive Vikram Pandit told investors Thursday that the bank is on track to return to sustained profitability, and that losses from some of its worst assets should be manageable if the economy...
Us Household Wealth Rises, Helped By Stock Rebound
Americans regained more of their shrunken wealth last quarter, mainly because the healing economy boosted stock portfolios. But the gain was less than in the previous two...
Whitman Proposes Cuts To Spending, Taxes For California
Targeted tax cuts and reducing state spending will be at the forefront of Republican gubernatorial candidate Meg Whitman's platform if she receives the party's...