(Reuters) - LeBron James finally captured an elusive National Basketball Association title to cap a year where he silenced his critics and shared the spotlight with some unlikely players."Linsanity" became one of the new buzzwords in the NBA while a collegiate player took a sledgehammer to the record books and the Los Angeles Lakers made a blockbuster trade that rekindled memories of the team's "Showtime"...
New generation of QBs emerge but league faces threats
Labels: SportsMIAMI (Reuters) - A new generation of talented quarterbacks emerged in 2012 but a refereeing fiasco, worries over concussions and player behavior all left their mark on the National Football League (NFL).The year was also a tantalizing tale of the Mannings with New York Giants quarterback Eli Manning winning his second Super Bowl title in four years with a win over New England in the same stadium...
Dec
19
MetLife says 2013 forecast assumes no buybacks
Labels: Business(Reuters) - MetLife Inc's 2013 earnings forecast assumes no share buybacks, the company's chief executive said on Thursday.The Federal Reserve has twice blocked MetLife from buying back stock, a consequence of the bank holding company charter the insurer is trying to sh...
Higher operating costs weigh on Imagination Tech
Labels: BusinessLONDON (Reuters) - Profit growth at Imagination Technologies has been dampened by higher research costs, overshadowing a 90 percent jump in shipments of chips containing its graphics technology used in products like Apple's iPad.Shares in the British company reversed early gains and were trading 4 percent lower as analysts said the operating expenses had weighed on earnings.Imagination, which counts...
Delta expects 2013 profit growth, plans returns to shareholders
Labels: Business(Reuters) - Delta Air Lines said on Wednesday that it expected profit growth in 2013 and would introduce a plan to return cash to shareholders.Chief Executive Officer Richard Anderson said during the carrier's investor meeting webcast that Delta, the No. 2 U.S. airline behind United Continental Holdings Inc , expected a profit of $1.6 billion for this year. He said 2013 would bring a "solid...
Costco profit jumps despite light membership fee growth
Labels: Business(Reuters) - Costco Wholesale Corp's quarterly earnings beat Wall Street estimates, but the largest U.S. warehouse club chain collected less in membership fees than some analysts anticipated.Shares of Costco were up 0.8 percent at $99.11 in morning Nasdaq trading after a slight decline earlier in the session.Members pay up to $110 per year to shop at Costco's cavernous stores and website, where...
Nasdaq to buy Thomson Reuters PR, IR units for $390 million
Labels: Business(Reuters) - Nasdaq OMX Group Inc said on Wednesday it agreed to buy Thomson Reuters Corp's investor relations, public relations and multimedia services units for $390 million, as the exchange operator builds businesses that do not depend on trading.The all-cash deal will add to Nasdaq's earnings within 12 months of closing, excluding transaction-related costs, the company said.Nasdaq is looking...
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