Diamond removes CEO, CFO after walnut payment probe
By Mihir Dalal Wed Feb 8, 2012 8:34pm EST (Reuters) – Diamond Foods Inc removed top management after a probe by its audit committee found that the company improperly accounted for payments to walnut growers, sending its shares down 40 percent in after-hours trading. The company, maker of Emerald nuts, Kettle chips and Pop Secret [...]
Lenovo shares hit over 3-1/2-year high after Q3 results
HONG KONG | Thu Feb 9, 2012 12:59am EST HONG KONG (Reuters) – Shares of Lenovo Group Ltd (0992.HK) rose sharply to its highest in more than 3-1/2 years after the world’s No.2 PC maker reported forecast-beating results in the third quarter. Shares rose as much as 3.04 percent to hit an intraday high of [...]
Preparing for the Slopes
Snows up for Winter: Preparing for the Slopes PR Newswire — February 8, 2012 LONDON, February 8, 2012 /PRNewswire/ – – Hiscox provides top tips ahead of half term ski trips – As some resorts report a bumper season and with many skiers still waiting for their trips to begin, specialist insurer Hiscox [http://www.hiscox.co.uk ] [...]
Coinstar jumps on Verizon JV, buy of NCR’s DVD assets
Tue Feb 7, 2012 11:10am EST (Reuters) – Shares of Coinstar Inc (CSTR.O) surged 20 percent to their highest in a year, after the Redbox kiosks owner teamed up with Verizon (VZ.N) to sell video services, stepping up its game against video rental giant Netflix (NFLX.O). The stock jumped to $60.84 in heavy early morning [...]
Western Union outlook disappoints, shares slide
By Brenton Cordeiro Tue Feb 7, 2012 6:48pm EST (Reuters) – Western Union Co (WU.N), the world’s largest payment transfer company, posted a higher fourth-quarter profit, but forecast full-year earnings below market expectations on macro-economic challenges. For the full year, the company expects earnings per share to be between $1.70 and $1.75, excluding integration costs [...]
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