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IBDand#039;s Top 10 - Friday
2007-10-20 12:11:00 Oct. 22, 2007 (Investor’s Business Daily delivered by Newstex) — Stocks Plunge On Heavy Trading 1 More earnings disappointments sent the main indexes to their worst day in weeks, if not months. The Nasdaq plunged 2.6%, its worst day since Feb. 27. The Dow and S D costs hurt profit margins. Transportation business was weak. Like other ... More About: Friday
EU merger reviews at a glance outlook
2007-10-19 12:12:00 BRUSSELS, Oct. 19, 2007 (Thomson Financial delivered by Newstex) — The following mergers and joint venture agreements have been notified to the European Commission for regulatory clearance:RECENT EXTENSIONSNov 9 -Proposed acquisition by Kraft Foods (NYSE:KFT) of Danone BiscuitsNov 12 -Proposed joint venture between Osram, Tony Yim (Sunny World)PHASE ONE INVESTIGATIONSOct 19 -Proposed acquisition by ... More About: Reviews , Outlook , Merger , Glance , T A G
London shares mixed midmorning; UK economy growth strong; oils up as banks
2007-10-19 12:11:00 LONDON, Oct. 19, 2007 (Thomson Financial delivered by Newstex) — Leading shares were mixed midmorning, as stronger-than-expected growth in the UK economy and rises for oil heavyweights and housebuilders were offset by banking giant HSBC and others in its sector falling. At 10.32 am, the FTSE 100 index was 7.0 points lower at ... More About: Economy , London , Banks , Growth , Shares
Metals - Copper steadies as traders weigh dollar weakness, stock rises UPDA
2007-10-19 12:11:00 (Updates prices, adds details) LONDON, Oct. 19, 2007 (Thomson Financial delivered by Newstex) — Copper steadied as traders weighed record weakness in the dollar against ongoing increases in LME and Shanghai stocks and renewed concerns over the US economic outlook. The dollar hit another all-time low against the euro earlier this ... More About: Dollar , Stock , Traders , Dies
Logitech Clicks As PCs, TVs Sell
2007-10-19 12:11:00 Oct. 19, 2007 (Investor’s Business Daily delivered by Newstex) — Logi tech International, the Swiss maker of peripherals for PCs and consumer electronics, late Wednesday posted a surge in sales thanks to strong demand for its remote controls, PC speakers and keyboards. Logitech’s LOGI U.S. shares gapped up on the news, rising as much as 26%. The ... More About: Sell , Clicks
Singapore shares close sharply lower on oil price, credit concerns - UPDATE
2007-10-19 12:11:00 SINGAPORE, Oct. 19, 2007 (Thomson Financial delivered by Newstex) — Singapore shares closed sharply lower Friday in line with declines across the region on fears that surging oil prices would eventually hurt economic growth. Credit concerns also weighed on sentiment after Bank of America (NYSE:BAC) reported overnight a 32 percent fall in ... More About: Update , Close , Price
IFD Kapital places 1.262 bln usd in Lukoil convertible bonds
2007-10-19 12:11:00 MOSCOW, Oct. 19, 2007 (Thomson Financial delivered by Newstex) — IFD Kapital has successfully placed 1.262 bln usd in Lukoil OAO convertible bonds, Interfax reported, citing materials issued by Citigroup (NYSE:C) , who organised the transaction. The shares are convertible into Lukoil’s American depository receipts (ADRs). IFD Kapital is an investment ... More About: Places , Bonds , Convertible , Vert
In Web 2.0: Facebook, MySpace? Microsoft?
2007-10-19 12:11:00 Oct. 19, 2007 (Investor’s Business Daily delivered by Newstex) — Don’t call Microsoft (NASDAQ:MSFT) a one-trick pony. According to CEO Steve Ballmer, it’s a two-trick pony. If recent investments pay off, the software king also will become a three-, maybe four-trick pony as it pushes further into entertainment and Internet advertising. Ballmer made the remarks to ... More About: Myspace , Facebook
Buffalo Wild Wings Acts As Sports Bar, Too
2007-10-19 12:11:00 Oct. 19, 2007 (Investor’s Business Daily delivered by Newstex) — Buffalo Wild Wings BWLD may be working on a handle of a deep base it started in June. The Minneapolis-based company operates and franchises more than 400 quick-casual restaurants in 37 states. Its menu includes its signature buffalo wings, salads, sandwiches, burgers and wraps. It offers quick ... More About: Sports , Ports
Third-Quarter Profit News Can Boost Or Sink A Stock
2007-10-19 12:11:00 Oct. 19, 2007 (Investor’s Business Daily delivered by News tex) — With earnings season in full swing, be sure to stay on top of leaders’ reports. A profit or sales miss could sink a stock, while an upside surprise may send it past a buy point. Stock action can be especially unpredictable during earnings season. Some stock in ... More About: Profit , Boost , Quarter
IBDand#039;s Top 10 - Thursday
2007-10-19 12:11:00 Oct. 19, 2007 (Investor’s Business Daily delivered by Newstex) — Google’s Q3 Earnings Rose 49% 1 The Web search giant made $3.91 a share ex items, beating forecasts by 13 cents. Revenue ex traffic acquisition costs jumped 62% to $3.01 bil. Analysts had expected $2.93 bil. Hiring activity remained strong, boosting costs. But search revenue growth stayed ... More About: Thursday
Brazil regulator to examine Telefonica buy of Telecom Italia stake Oct 23 U
2007-10-18 12:12:00 (Update with reported conditions imposed on Telefonica ) MILAN, Oct. 18, 2007 (Thomson Financial delivered by Newstex) — Brazil ’s telecommunications regulator Anatel will examine on Oct 23 Telefonica SA’s (NYSE:TEF) (OOTC:TEFOF) purchase of a controlling stake in Telecom Italia SpA, according to the agency’s website. Telefonica, along with a group ... More About: Telecom Italia
EU inquiry deadline for Kraft buy of Danoneand#039;s biscuit ops extended t
2007-10-18 12:12:00 BRUSSELS, Oct. 18, 2007 (Thomson Financial delivered by Newstex) — The European Commission said its inquiry deadline for Kraft Foods Inc’s (NYSE:KFT) proposed 7.2 bln usd acquisition of Groupe Danone (OOTC:GDNNY) SA’s biscuit unit has been extended to November 9. The extension has been applied because the parties have submitted proposed ... More About: Deadline , Extended , Anon
Metals - Copper extends losses after another large build in stockpiles UPDA
2007-10-18 12:12:00 (Updates prices, adds details) LONDON, Oct. 18, 2007 (Thomson Financial delivered by Newstex) — Copper extended losses after further large deliveries into London Metals Exchange monitored warehouses boosted inventories of the red metal to a new five-month high. Copper stockpiles increased by 4,625 tonnes to 147,750 tonnes in the LME’s daily ... More About: Losses , Build , Large
Nokia Siemens plant divestment to Jabil Circuit cleared by EU
2007-10-18 12:11:00 BRUSSELS, Oct. 18, 2007 (Thomson Financial delivered by Newstex) — The European Commission has approved Nokia (NYSE:NOK) Siemens (NYSE:SI) Networks Oy’s proposed divestment of two Italian production plants to American circuit manufacturer Jabil Circuit (NYSE:JBL) Inc, arguing that the transaction would not significantly impede effective competition in the EU. The ... More About: Divestment , Plant
Hong Kong shares end higher on hopes of inflows from mainland - UPDATE
2007-10-18 12:11:00 HONG KONG, Oct. 18, 2007 (Thomson Financial delivered by Newstex) — Hong Kong shares closed off their highs Thursday as investors opted to lock in profits on the market’s record-setting run earlier in the day which saw the main index trading above 30,000 points for the first time. ‘The Hong Kong markets continued ... More About: Hopes , Update , Shares , Higher
Verizon Isnand#039;t Playing Games, But Its TV Subscribers Will
2007-10-18 12:11:00 Oct. 18, 2007 (Investor’s Business Daily delivered by Newstex) — Phone company Verizon (NYSE:VZ) Communications aims to boost the fortunes of its fledgling TV service by rolling the dice on interactive games. Verizon VZ hopes to set itself apart from cable TV rivals by offering subscribers a better lineup of games. While some cable TV firms ... More About: Games , Izon , Subs , Scribe
Precision Castpartsand#039; Profit Growth Sharp
2007-10-18 12:11:00 Oct. 18, 2007 (Investor’s Business Daily delivered by Newstex) — Precision Castparts PCP had a great run in late 2006 and well into 2007, running up more than 115%. Then as the market corrected in August, the high-flying stock fell into a base. It broke out of that consolidation the week ended Sept. 21 and went ... More About: Profit , Growth , Sharp , Reci
Slow RFID Market Gets Microsoft Push
2007-10-18 12:11:00 Oct. 18, 2007 (Investor’s Business Daily delivered by Newstex) — Radio frequency identification tags — billed early this decade as one of the next big things in tech — haven’t come in loud and clear. Many industry observers have been disappointed by the sluggish pace of RFID adoption. Backers preach patience, while saying Microsoft ’s (NASDAQ:MSFT) MSFT ... More About: Market , Slow , Push
PayPal Helps eBay Beat Views In Q3
2007-10-18 12:11:00 Oct. 18, 2007 (Investor’s Business Daily delivered by Newstex) — EBay on Wednesday trounced third-quarter earnings and sales views, spurred by continued strong growth in its PayPal online payments business. The company, however, swung to a net loss of $936 million, or 69 cents a share, from a net profit of 20 cents a share a ... More About: Views , Paypal , Ebay , Beat
Trends andamp; Innovations - Wednesday
2007-10-18 12:11:00 Oct. 18, 2007 (Investor’s Business Daily delivered by Newstex) — Drug firms closely tied to schools The majority of department chairs at U.S. medical schools have financial ties with the drug industry, according to a Harvard Univ. study. Health Day News said researchers found that 60% of department chairs said they are paid by drug makers as ... More About: Trends , Innovations , Wednesday , Inno
Munich Re to take over US-based Midland Co for about 1.3 bln usd UPDATE
2007-10-17 12:12:00 (Updating with comments on synergies, further acquisitions, details) MUNICH, Oct. 17, 2007 (Thomson Financial delivered by Newstex) — Muenchener Rueckversicherungs AG said it is taking over US speciality insurer The Midland Company for about 1.3 bln usd as part of its recently introduced US strategy. Munich Re is offering 65 usd ... More About: Update
Greek July unemployment at 7.8 pct, down from 8.1 pct in July 2006 Update
2007-10-17 12:11:00 (Updating with comments on unemployment by senior local economist) ATHENS, Oct. 17, 2007 (Thomson Financial delivered by Newstex) — Greek July unemployment came in at 7.8 pct down from 8.1 pct recorded for the same time last year, the National Statistical Service (NSS) said. The NSS explained that unemployment for women ... More About: Update , Unemployment
Rhinebridge investment vehicle ratings cut; remain on negative watch - Sand
2007-10-17 12:11:00 MUMBAI, Oct. 17, 2007 (Thomson Financial delivered by Newstex) — Standard P also lowered its issuer credit rating on Rhinebridge. The ratings remain on negative watch. The ‘CCC-’ rating on Rhinebridge’s combo notes remains unchanged, it added. The firm said the decline in Rheinebridge’s net asset value has breached a trigger of ... More About: Watch , Investment , Vehicle , Sand , Ratings
London shares - mid-morning features
2007-10-17 12:11:00 LONDON, Oct. 17, 2007 (Thomson Financial delivered by Newstex) — FTSE 100 risersImperial Tobacco 2,349 up 51 Reportedly to sell logistics side of AltadisScottish 150 pence targetChloride 183-3/4 up 1-3/4 UBS ‘neutral’ from ’sell’ with target upped to 180 pence from 155RAB Capital 105 up 2-1/2 Landsbanki ... More About: London , Features , Morning , Shares , Feat
London shares up midmorning; BoE votes 8-1 keep rates unchanged; Tate andam
2007-10-17 12:11:00 LONDON, Oct. 17, 2007 (Thomson Financial delivered by Newstex) — UK blue-chips was firmer midmorning recovering from lows as the BoE revealed it voted 8-1 to keep benchmark interest rate unchanged at 5.75 pct and Tate Bingley gained 12 points at 266-1/2 after Numis Securities upped its stance on the group to ‘add’ ... More About: London , Shares , Rates , Chang , Chan
Ctripand#039;s Profit Growth In An Improving Trend
2007-10-17 12:11:00 Oct. 17, 2007 (Investor’s Business Daily delivered by Newstex) — Ctrip.com CTRP pulled back sharply to its 10-week moving average last week, and it’s finding support at that level. The company operates a Web site in China for airline tickets, hotel reservations and other travel services. The travel and lodging industries in China are getting a boost as ... More About: Profit , Growth , Trend , Improv
No Slouch Itself, Intel Helps Others Innovate
2007-10-17 12:11:00 Oct. 17, 2007 (Investor’s Business Daily delivered by Newstex) — As its engineers push the limits of computing power year after year, Intel (NASDAQ:INTC) INTC has become synonymous with technological progress. Less well-known is the chipmaker’s work supporting outside innovation. Intel Capital, the Santa Clara, Calif., company’s venture capital unit, has invested more than $6 billion ... More About: Inno
Wireless Gear Firm Ericssonand#039;s Q3 Disappoints Investors
2007-10-17 12:11:00 Oct. 17, 2007 (Investor’s Business Daily delivered by Newstex) — Though a big rival just last month gave a disappointing outlook, LM Ericsson (NASDAQ:ERICY) stunned investors Tuesday when it also reported that third-quarter results would fall short of company and analyst expectations. The Swedish company said it expects sales of $6.5 billion (43.5 billion kroner), up ... More About: Wireless , Gear , Investors , Sapp , Nand
Yahoo Beats Q3 Views, Though Earnings Fall Slightly On Higher Costs
More articles from this author:2007-10-17 12:11:00 Oct. 17, 2007 (Investor’s Business Daily delivered by Newstex) — Five months after a major management shake-up, Yahoo (NASDAQ:YHOO) finally appears to be shifting out of neutral. The Web’s leading portal on Tuesday beat analysts’ third-quarter estimates and reported a third-quarter outlook slightly above forecasts, pushing Yahoo’s shares skyward in after-hours trading. In the quarter that ended ... More About: Views , Earnings , Beats , Higher 1, 2, 3, 4, 5, 6, 7 |
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