by | Oct 19, 2010 | Towing
Authorities spotted what appears to be a $7.9 billion computer glitch at NYSE Euronext’s Arca stock market.
A system upgrade at Arca triggered an apparent 9.6% drop in an exchange-traded fund Monday, Bloomberg News said. That plunge would have knocked $7.9 billion off one of the country’s most popular securities.
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The SPDR S&P 500 ETF Trust was trading at $106.46 at 4.15pm…
Continue reading Computer Glitch Could Have Wiped $7.9 Billion Off ETF
Computer Glitch Could Have Wiped $7.9 Billion Off ETF originally appeared on DailyFinance on Tue, 19 Oct 2010 09:09:00.
Filed Under: Company News, Technology, Stocks in the News, Market News
by | Oct 19, 2010 | Towing
Walgreen Chief Financial Officer Wade Miquelon was arrested on drunk driving charges last month — his second such arrest in a little more than a year. The drugstore chain calls it a personal matter, but when it comes to execut…
by | Oct 19, 2010 | Towing
Johnson & Johnson (JNJ) is recalling Tylenol products because of a musty odor, the company’s third such recall in 12 months.
J&J is yanking a line of Tylenol 8-hour caplets containing 127,728 bottles after customers complained of a musty smell…
by | Oct 19, 2010 | Towing
The Coca-Cola Company (KO) reported earnings of 88 cents per share for the third quarter, up 9% from a year earlier.
Net revenue rose 5% to $8.4 billion in the quarter, boosted by a strong performance in the North American market, the company said in a statement. International volume also rose 6% in the quarter.
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“We are very pleased with our third quarter performance,” CEO Muhtar…
Continue reading Coca-Cola Earnings Rise to 88 Cents Per Share
Coca-Cola Earnings Rise to 88 Cents Per Share originally appeared on DailyFinance on Tue, 19 Oct 2010 08:24:00.
Filed Under: Company News, Earnings, Coca-Cola Company, Retail
by | Oct 19, 2010 | Towing
The nation’s largest bank reported a third-quarter net loss of $7.3 billion due to a $10.4 billion goodwill charge. Excluding that, Bank of America’s adjusted net income of $3.1 billion trounced expectations.
C…
