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Archive for 08/04/12

Hornbeck Offshore profit misses estimates on higher costs

n" readability="49">Aug 2 (Reuters) - Oilfield services provider Hornbeck Offshore Inc's second-quarter profit missed analysts' estimates on higher operating costs and lower dayrates in its downstream segment.Operating costs shot up 31 percent to

David Cameron rejects Mitt Romney’s Olympics concerns

About Reuters TV Hard-edged reporting, insight and analysis, Reuters TV breaks ground creating informative news and financial videos. Showcasing Reuters’ 3000 award-winning journalists, Reuters TV delivers high-energy investigative journalism with concise

MIDCAP-Reckon leads on earnings metrics in Australia's IT sector

Australia's Reckon emerges as a stand-out performer on earnings metrics among 14 stocks in the country's information technology sector, Thomson Reuters data shows.The data includes stocks tracked by at least three analysts.The software firm has high

RIM launches new line of PlayBook tablets

A logo of the Blackberry maker's Research in Motion is seen on a building at the RIM Technology Park in Waterloo April 18, 2012. Picture taken April 18, 2012. Credit: Reuters/Mark BlinchTORONTO | Thu Aug 2, 2012 9:08am EDT TORONTO (Reuters) - Research

Iraq seeking Russian air defense gear: official

By Raheem Salman BAGHDAD | Thu Aug 2, 2012 11:41am EDT BAGHDAD (Reuters) - Iraq's acting defense minister is in Russia negotiating the purchase of air surveillance equipment to help Iraq rebuild its crippled military defenses, a lawmaker said on Thursday. American

J.K. Rowling launches Harry Potter book club online

Author J.K. Rowling and her husband Neil Murray sit on Centre Court at the Wimbledon tennis championships in London June 26, 2012. Credit: Reuters/Stefan WermuthNEW YORK | Tue Jul 31, 2012 1:57pm EDT NEW YORK (Reuters) - Author J.K. Rowling launched

With Olympics backdrop, Twitter goes for gold in ad strategy

By Gerry ShihSAN FRANCISCO | Thu Aug 2, 2012 12:01am EDT SAN FRANCISCO Aug 2 (Reuters) - If the millions of Olympics-related tweets flooding the Internet in recent days are a measure of Twitter's popular appeal, the company's big presence in London

Film shows artist Ai Weiwei's conflicted relationship with China

Chinese dissident artist Ai Weiwei pulls up his shirt bearing a portrait of himself as he chats with journalists at the courtyard of his studio before his verdict hearing in Beijing, July 20, 2012. Credit: Reuters/Petar KujundzicBy Bob TourtellotteLOS

Afghan forces thwart insurgent attack on Kabul

1 of 7. An Afghan National Army soldier keeps watch near the site of an incident in Kabul August 2, 2012. Credit: Reuters/Omar SobhaniBy Mirwais HarooniKABUL | Thu Aug 2, 2012 8:26am EDT KABUL (Reuters) - Afghan security forces killed five insurgents

Weekly jobless claims rise less than expected

Conference attendees cross a street in San Francisco, California March 15, 2012. Credit: Reuters/Robert GalbraithWASHINGTON | Thu Aug 2, 2012 10:42am EDT WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits rose less

Sharp posts Q1 earnings loss, slashes annual forecast

TOKYO | Thu Aug 2, 2012 2:09am EDT TOKYO Aug 2 (Reuters) - Sharp Corp, which posted its worst net loss in a century in the last financial year, reported a first-quarter loss as waning TV demand and an overcapacity at its main liquid crystal display

Cisco appoints Marc Benioff, Kristina Johnson as directors

NEW YORK | Thu Aug 2, 2012 8:23am EDT NEW YORK Aug 2 (Reuters) - Cisco Systems Inc said on Thursday it had given board seats to Marc Benioff, head of salesforce.com, and Kristina Johnson, former U.S. under secretary of energy.Cisco said the appointments

Cuban opera singer challenges "jealous" bureaucrats over closed theater

By Marc FrankHAVANA | Wed Aug 1, 2012 6:28pm EDT HAVANA (Reuters) - The Cuban government has closed a privately run cultural center, causing consternation among artists and intellectuals in what is shaping up to be the latest test of President Raul

U.S. raises pressure for euro zone crisis action

A woman in a wheelchair passes the shop window of a clothing store in Pontevedra, northern Spain, June 29, 2012.Credit: Reuters/Miguel VidalBy Paul Carrel and Gernot HellerFRANKFURT/BERLIN | Thu Aug 2, 2012 6:18am EDT FRANKFURT/BERLIN (Reuters) - The

Sony Q1 operating profit down 77 pct from year earlier

TOKYO | Thu Aug 2, 2012 2:14am EDT TOKYO Aug 2 (Reuters) - Sony Corp said first-quarter operating profit slid from a year earlier as the iconic consumer electronics brand continued to struggle with weak demand for its TVs and other devices amid biting

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