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Strong sales of Barbie and toys tied into Disney/Pixar’s “Cars 2″ helped Mattel’s second-quarter net income rise 56 percent, the largest U.S. toy maker said Friday.
Net income for the three months ended June 30 rose to $80.5 million, or 23 cents per share, from $51.6 million, or 14 cents per share, last year. Analysts expected […]
Egypt’s government, meeting a key demand by protesters, fired nearly 700 top police officers on Wednesday to cleanse the discredited and widely unpopular force, state television reported.
In another nod to demands by activists, Egypt’s military is delaying parliamentary elections initially expected to take place in September, Egypt’s state news agency said. The vote is now […]
Greek lawmakers begin debating new austerity plans Monday that must pass this week if the debt-ridden country is to receive the critical next installment of loans from its international bailout plan and avoid default.
The deeply unpopular spending cuts and tax hikes in a midterm austerity bill and an additional implementation law are expected to be […]
Free checking accounts may be one step closer to extinction.
Regulatory changes to be issued July 21 are expected to sharply limit the fees that banks can collect from merchants whenever customers pay with debit cards.
An attempt to delay implementing the rule by a year was narrowly defeated this week, meaning banks will be looking in […]
OTTAWA — There are no limits to the amount of foreign debt financing that a Canadian telecommunications company can raise, a lawyer for the federal government argued Wednesday at a hearing on whether the parent company of Wind Mobile passes as Canadian.
The Federal Court of Appeal is hearing the case after a lower court ruled […]
Portugal won a 78 billion-euro ($116 billion) international aid package, fanning domestic controversy over budget cuts amid an election campaign and renewing discontent in Europe’s richer countries over bailouts.
Emergency lending for Portugal lifted the cost of fighting Europe’s debt crisis to 256 billion euros just as speculation mounts that Greece, the country where it […]
Singapore’s industrial output grew at the fastest pace in four months as manufacturers produced more pharmaceuticals and computer parts, bolstering an economic expansion that has allowed the central bank to tighten policy.
Manufacturing, which accounts for about a quarter of the economy, climbed 22 percent in March from a year earlier after a revised 4.7 […]
St. Louis-area casinos raked in $92.8 million in gaming revenue in February, according to new figures out this week. That makes the month, by one key measure, the industry’s strongest in nearly a year.
Business at the area’s six casinos grew 5.5 percent compared with the same month last year, according to numbers from Missouri and […]
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The number of applications for U.S. mortgages fell last week to the lowest level in more than two years as higher borrowing costs depressed refinancing.
The Mortgage Bankers Association’s index of loan applications decreased 9.5 percent in the week ended Feb. 11, dropping to the lowest point since November 2008. The group’s refinancing measure slumped […]
Ontario is one of four provinces where households are most financially vulnerable, TD Economics says in a new study examining Canadians
Filed under: legal, technology by Finance Boss
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