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Selasa, 28 Juni 2011

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European shares edge lower on Greece; telecoms down
Reuters
By Atul Prakash LONDON, June 28 (Reuters) - European equities edged lower on Tuesday ahead of a crucial vote on unpopular austerity measures by Greece's parliament linked to more aid, while a slump in Cable & Wireless Worldwide led telecom shares down. ...
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Wall Street stock futures slip; Greece in focus
Reuters
* US stock index futures signalled a lower start for equities on Wall Street on Tuesday, with futures for the S&P 500 SPc1, the Nasdaq NDc1 and the Dow Jones DJc1 down 0.1 to 0.2 percent by 0942 GMT. * Greece still needed a vote of approval by ...
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Oil in New York Rebounds From Near Four-Month Low; Brent Premium Widens
Bloomberg
By Ayesha Daya - Tue Jun 28 08:31:26 GMT 2011 Oil rose in New York on speculation US fuel demand will increase and as OPEC clashed with the International Energy about the need for more oil. Brent's premium to New York oil widened. ...
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FTSE live: latest market report
Telegraph.co.uk
Britain's benchmark index edged up on Tuesday morning as news that French banks agreed to accept slower repayment of Greece's debt gave a lift to global stock markets. By Rachel Cooper, and agencies The FTSE 100 index of leading shares edged up 0.31pc ...
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Telegraph.co.uk
Nike reports 13.8 percent hike in profit
AHN | All Headline News
Despite the higher profit, analysts warned that Nike's margins may fall to 44.3 percent from 47.4 percent because of higher raw material costs. Sportswear manufacturer Nike announced a 13.8 percent rise in its profit for the last three months that ...
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Goldman to Embark on Hiring Spree in Singapore
Fox Business
By Charlie Gasparino As Goldman Sachs (GS) plans major job cuts in the United States, the firm is planning to expand overseas with a major hiring spree in Singapore and taking the unusual step of alerting Congress before even it's widely known to its ...
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Holiday Weekend Travel Projects A Decrease From Last Year
Patch.com
Despite lower gas prices, many folks are expected to stay close to home for July 4. By Larissa Dudkiewicz | Email the author | 6:00am Customers pump gas at the GetGo in Leetsdale. The recent drop in gasoline prices isn't enough to get some people ...
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Sony CEO apologizes, credits gamers for loyalty even after hacker attack
Washington Post
( Shizuo Kambayashi / Associated Press ) - A woman walks by Sony Building in Tokyo's Ginza shopping district in Tokyo, Tuesday, June 28, 2011. Sony Corp. Chief Executive Howard Stringer says PlayStation Network gamers are "very loyal" and returning to ...
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Google faces French court claim over market dominance
BBC News
French search engine 1PlusV is suing Google for 295m euros (£264m), the largest damage claim the search engine has faced in Europe. It claims that Google used its market dominance to block the development of rival services. An earlier complaint from ...
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BBC News
Mobile Web apps escape Apple's iron grip
CNN
By David Goldman @CNNMoneyTech June 28, 2011: 5:57 AM ET NEW YORK (CNNMoney) -- Earlier this month, the Financial Times and ESPN debuted slick new applications for smartphones and tablets. But you won't find them in the iTunes App Store or Android ...
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TomTom Slumps As Profit Shrinks
Wall Street Journal
By Archibald Preuschat AMSTERDAM (Dow Jones)--Shares in Dutch navigation system maker TomTom NV (TOM2.AE) lost around a quarter of their value Tuesday, wiping EUR228 million from the company's market value, as investors reacted to Monday's profit ...
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Standard Chartered Holds No Sovereign Debt in Troubled EU States
Bloomberg
By Gavin Finch - Tue Jun 28 08:11:36 GMT 2011 Standard Chartered Plc (STAN), the UK's third-largest bank by market value, said it no longer holds government debt in troubled euro-area countries. "We have no sovereign exposure to those eurozone ...
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Cable & Wireless Worldwide shares fall on dividend cut, management shakeup
Washington Post
By AP, LONDON — Shares in Cable & Wireless Worldwide slumped 15 percent on Monday after the company announced it had replaced its chief executive and will cut dividends as it adjusts to disappointing sales. In its third profit warning in the last year, ...
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REFILE-UPDATE 1-Nissan hopes to hit 8 pct op margin within 3 yrs-CEO
Reuters
YOKOHAMA, Japan, June 28 (Reuters) - Nissan Motor Co's chief executive said on Tuesday he hopes the company can reach its operating profit margin target of 8 percent during the first three years of a newly announced business plan. ...
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Brazil's Diniz Sees Benefits From Carrefour Merger Proposal
Wall Street Journal
PARIS (Dow Jones)--Brazilian businessman Abilio Diniz, whose family controls retailer Companhia Brasileira de Distribuicao Grupo Pao de Acucar (CBD) together with French retailer Groupe Casino (CO.FR), said Tuesday the proposal to merge CBD with the ...
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A Stronger US Economy
International Business Times
Economist and analysts are saying the economic growth in the US will brighten in 2-H of this year. The reason is that the 2 Key causes of the slowdown: high Crude Oil prices, and manufacturing delays because of the disaster in Japan, have begun to fade ...
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HK Shares End Flat As Yurun Slide Takes Toll
Wall Street Journal
HONG KONG (Dow Jones)--Hong Kong shares ended flat Tuesday as nervous investors continued to batter down China Yurun Food, wiping out early gains in the benchmark index that were recorded in line with a rise in US stocks. The benchmark Hang Seng Index ...
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Citi banker denies $19.2m theft
BBC News
A former Citigroup banker has pleaded not guilty to charges that he stole $19.2m in the "ultimate inside job". Prosecutors say Gary Foster, a 35-year old former vice president at Citigroup, moved the money from two separate accounts at the bank to his ...
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BBC News
EU Commission to eye NYSE/D.Boerse deal "in days"
Reuters
By Luke Jeffs LONDON Jun 28 (Reuters) - Germany's Deutsche Boerse (DB1Gn.DE) and translatlantic bourse NYSE Euronext will formally present their $10.6 billion merger plan to European regulators "in the coming days", the EU's antitrust chief said on ...
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Greek Rollover Would Probably Rate as Default, Fitch Says in FT
Bloomberg
By Alan Purkiss - Tue Jun 28 09:23:16 GMT 2011 A "voluntary rollover" of Greek bonds, as they mature, into bonds with similar terms would "very likely" be viewed by Fitch Ratings Ltd. as a sovereign default, according to David Riley, Fitch's group ...
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AP IMPACT: NRC and industry rewrite nuke history
KGWN
AP IMPACT: NRC and industry rewrite nuke history AP National Video More>> Ex-Detroit Mayor Kwame Kilpatrick granted parole from Mich. prison, federal case still looms More>> Footage from the New York State Senate chamber as senators vote on the ...
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Consumer Spending in U.S. Unexpectedly Stagnated in May as Prices Climbed
Bloomberg
By Alex Kowalski - Mon Jun 27 20:19:29 GMT 2011 June 27 (Bloomberg) -- Consumer spending unexpectedly stagnated in May as employment prospects dimmed and rising inflation caused Americans to cut back. Purchases were little changed, the weakest outcome ...
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GSV Capital's 40% Facebook Pop Sets Up Great Short
Seeking Alpha
GSV Capital (GSVC) saw its shares rise 40% Monday, following this press release stating that GSV had purchased 225000 shares of Facebook stock at $29.28 a share for a total purchase price of nearly $7 million. After this purchase, Facebook now ...
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AU Optronics Accuses Samsung, AT&T of Infringing Flat-Panel LCD Patents
Bloomberg
By Jef Feeley - Tue Jun 28 06:30:15 GMT 2011 AU Optronics Corp. (2409), Taiwan's second- largest maker of liquid-crystal display panels, sued Samsung Electronics Co. and AT&T Inc. (T), claiming they infringed some of its liquid-crystal display patents. ...
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About 100 taken to Ark. hospitals after gas leak
Forbes
By KURT VOIGT , 06.27.11, 03:52 PM EDT SPRINGDALE, Ark. -- Approximately 300 people at a Tyson Foods Inc. processing plant in Arkansas were evacuated and 100 sent to local hospitals after an accidental mixture of chemicals created a chlorine gas inside ...
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Obama Was Right About The SPR Release
Forbes
Last week, President Barack Obama announced that, in response to the loss of Libyan crude to the global market, he was ordering the largest release of crude oil from the federally owned Strategic Petroleum Reserve (SPR) in US history; ...
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US HOT STOCKS: Bank of America, Amylin, Continucare, Icagen
Wall Street Journal
US stocks rose Monday as the Dow Jones Industrial Average gained 100 points to 12035, the Standard & Poor's 500 rose 10 points to 1278 and the Nasdaq Composite climbed 32 points to 2684. Among the companies whose shares are actively trading in the ...
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Crystal River nuclear plant to get repairs
MyFox Tampa Bay
CRYSTAL RIVER - The Crystal River Nuclear Power Plant in Citrus County will undergo repairs, Progress Energy announced. The plant has been troubled since 2009, when the containment wall cracked during a maintenance project. The nuclear plant shut down ...
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MyFox Tampa Bay
Kocherlakota Calls For Mortgage Deduction Reform
Wall Street Journal
By Javier E. David and Laura Lundquist NEW YORK (Dow Jones)--Overly leveraged US consumers and firms expose the financial system to shocks, a top Federal Reserve official said Monday, urging changes to the tax code that would lower the incentives of ...
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Boeing Fined For Poorly Written Instructions On 777 Oxygen Systems
Aviation Week
By Michael Mecham The FAA is proposing a $1050000 fine against Boeing for improper work instructions that caused confusion about the installation of low-pressure tubing for passenger oxygen systems on 777s. At issue is a "tee-fitting" connecting hard ...
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