Asian stocks end sharply down, but European shares rise as market jitters return on US economy fears.
Source:
BBC News | Business | World Edition | 6 Feb 2008 | 11:45 am
LONDON (Reuters) - Stock futures pointed to a higher start on Wall Street on Wednesday ahead of a raft of earnings including Cisco Systems and after the market's worst fall in nearly a year on Tuesday.
Source:
Reuters: Business News | 6 Feb 2008 | 11:41 am
Time Warner, the nation's largest media conglomerate, posted improved fourth quarter earnings and revenue that met forecasts and said its 2008 earnings per share may meet or fall short of current estimates.
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 11:32 am
NEW YORK (Reuters) - Tyco Electronics Ltd , a maker of connectors and other components used in cars, airplanes and industry, reported a higher quarterly profit on Wednesday, boosted by a tax benefit and strong demand from telecommunications customers.
Source:
Reuters: Business News | 6 Feb 2008 | 11:32 am
NEW YORK (Reuters) - Time Warner Inc forecast on Wednesday profit growth to slow but possibly exceed analyst estimates in 2008 after reporting quarterly earnings that reflected increases in broadband and phone subscribers and sales of "Harry Potter" and "300" home videos.
Source:
Reuters: Business News | 6 Feb 2008 | 11:22 am
Luxury homebuilder Toll Brothers Inc., which last quarter reported its first loss as a public company, released preliminary first-quarter results Wednesday that showed a sharp drop in sales.
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 11:22 am
A former Dow Jones board member will pay $8.1m to settle insider trading charges related the firm's takeover.
Source:
BBC News | Business | World Edition | 6 Feb 2008 | 11:21 am
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 11:16 am
NEW YORK (Reuters) - The U.S. Justice Department has called for change in financial futures exchanges, saying they should not own the trade clearing business as it inhibits competition, The Wall Street Journal reported on Wednesday.
Source:
Reuters: Business News | 6 Feb 2008 | 11:06 am
From HBO to its film studios, there are many stars in the firmament of
Time Warner, but today one gets a chance to shine in the very center.
Jeff Bewkes will address investors for the time since he became chief executive of Time Warner at the beginning of the year. He will do so after the company reports fourth-quarter earnings that are expected to show steady, but not spectacular, growth.
While that quarter belonged to Richard Parsons, his predecessor, the future is Bewkes'. And holders of Time Warner's long battered stock will be looking for signs of how Bewkes will fix things at the world's biggest media company.
Jordan Posner, a managing Director of Matrix Asset Management, which owns 3 million shares in Time Warner, says that the two major issues that Bewkes will need to discuss today are AOL and the Time Warner cable business.
"Forget structural questions, the real question is whether there's a way that these assets can demonstrate that they have significant incremental value," Posner says. "He has to recognize that there are issues and acknowledge that he has to come up with some plan."
Though Time Warner Cable has performed well in a difficult environment, it's been nearly two years since it acquired the cable operator Adelphia Communications. Bewkes will need to explain whether the integration has been successful, and how it has contributed to shareholder value.
And in light of Microsoft's offer for Yahoo, Bewkes will also need to address the future of AOL. That unit has seen its revenue flatten after Bewkes presided over a deal earlier this year to drop the subscription business focus on advertising.
While Posner doesn't think that investors expect major strategic decisions this year, he would not be surprised if Bewkes volunteers a restructuring plan. Bewkes has spent the last two years intimately involved in strategic decisions and understands the importance of acting fast.
One of the reasons investors cheered the appointment of Bewkes to Time Warner's top spot was the belief that he would be more open to radical restructuring than Parsons was.
As to exactly what strategy Bewkes will pursue, numerous options have been proposed.
Posner is not alone in thinking that the most plausible scenario is for Time Warner to spin off its slow-growing cable unit, which accounts for roughly a third of its revenue. Some believe that Bewkes may be looking to merge AOL with another internet company; if Yahoo's sale to Microsoft goes through, that leaves Google as a potential partner.
Others see Time Warner spinning off publishing unit Time Inc, building on its portfolio of cable channels, or even merging with NBC Universal in a content play.
While there seems to be no consensus amongst Wall Street watchers and analysts as to what structural options Bewkes will ultimately pursue, there is wide agreement that for the time being, shareholders will have to be patient.
"This subject is now a sit-and-wait subject. It has only been a month and few days since Bewkes woke up as C.E.O.," writes media news blog MediaWireDaily. "Hopefully he will make the right decisions that will benefit shareholders."
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Portfolio.com: Top 5 | 6 Feb 2008 | 11:00 am
U.S. stock futures inched higher on Wednesday after the last session’s precipitous fall, with Walt Disney & Co.’s upbeat report providing a glimmer of good news.
Source:
MarketWatch.com - Top Stories | 6 Feb 2008 | 10:42 am
A roundup of the latest corporate earnings reports and what companies are saying about future quarters.
Source:
MarketWatch.com - Top Stories | 6 Feb 2008 | 10:31 am
France Telecom SA posts a 52% jump in annual profit as its operating margin stabilized and strong mobile growth fueled revenue. Europe's third-largest telecommunications firm also confirms its outlook for 2008.
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MarketWatch.com - Top Stories | 6 Feb 2008 | 10:19 am
Read full story for latest details.
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 10:16 am
NEW YORK (Reuters) - Federal prosecutors are looking for U.S. ties to French bank Societe Generale's trading scandal, for example transactions that went through a U.S. broker, The Wall Street Journal reported on Wednesday.
Source:
Reuters: Business News | 6 Feb 2008 | 10:14 am
U.S. stock futures drifted early Wednesday after a miserable session as economic worries hung over the market and investors eyed a showdown between Democratic presidential candidates.
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 10:14 am
European equity markets were volatile on Wednesday in the face of deepening US recession fears, which dragged Wall Street and Asian indices sharply lower. By mid morning, the FTSE Eurofirst 300 was down...
Source:
Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 10:09 am
NEW YORK (Reuters) - A New York University professor is projecting that high-yield "junk" bonds will default at a rate of 4.64 percent this year, the highest since 2003, The Wall Street...
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 10:01 am
Investors pick up defensive shares in London, with gains from telecom firms such as BT Group helping the top index to stay buoyant.
Source:
MarketWatch.com - Top Stories | 6 Feb 2008 | 9:57 am
The popularity of the High School Musical franchise helps Disney report a 9% rise in revenues.
Source:
BBC News | Business | World Edition | 6 Feb 2008 | 9:51 am
SYDNEY (Reuters) - BHP Billiton Ltd/Plc launched a hostile $147.4 billion bid for rival miner Rio Tinto Ltd/Plc on Wednesday, ending months of speculation and setting the stage for the world's second-largest takeover.
Source:
Reuters: Business News | 6 Feb 2008 | 9:50 am
Sir Richard Branson's Virgin Money has said jobs would be cut at Northern Rock if the group's rescue bid for the stricken lender was successful.
Source:
Telegraph Business | 6 Feb 2008 | 9:45 am
London shares were lower on Wednesday after Wall Street's biggest fall in nearly a year sparked a sharp sell-off across Asia. By mid morning, the FTSE 100 was down 20 points, or 0.3 per cent, at 5,848.6...
Source:
Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 9:41 am
More than 40 Texas farmers, ranchers and irrigation districts are gearing up to take their long-standing water war with Mexico to the next level, which in this case is a Canadian judge.
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 9:38 am
NEW YORK (Reuters) - The U.S. Justice Department has called for change in financial futures exchanges, saying they should not own the trade clearing business as it inhibits competition, The
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 9:35 am
BHP Billiton raises its bid for Rio Tinto to $147 billion, its first move since a combination of Aluminum Corp. of China and Alcoa Inc bought a big block of the Anglo-Aussie mining giant.
Source:
MarketWatch.com - Top Stories | 6 Feb 2008 | 9:35 am
British satellite broadcaster BSkyB, controlled by media tycoon Rupert Murdoch, on Wednesday posted a net loss in the first half of its financial year while seeing a gain in revenues.
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 9:27 am
BSkyB has reported a first half loss after writing down the value of its 17.9pc stake in ITV by £343m
Source:
Telegraph Business | 6 Feb 2008 | 9:27 am
A Microsoft-Yahoo merger would dominate e-mail and instant messaging, and that could create obstacles with regulators.
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 9:25 am
Ukraine has joined the World Trade Organisation, a move that should boost the country's economy.
Source:
BBC News | Business | World Edition | 6 Feb 2008 | 9:24 am
Europe's main stock markets opened lower Wednesday following heavy losses on Wall Street and in Asia on growing concerns the US economy is heading into recession, dealers said.
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 9:19 am
Funds sold by insurance companies don't perform as well as those from fund families.
Source:
SmartMoney.com | 6 Feb 2008 | 9:19 am
AP - Lingering hopes that the U.S. economy might avert a recession withered Tuesday after the nation's service sector its banks, travel companies, contractors and stores, among others shrank for the first time in five years.
Source:
Yahoo! News: Business | 6 Feb 2008 | 9:15 am
Walt Disney reported greater than expected sales and earnings for its latest quarter Tuesday thanks to strength at its ESPN cable network and its theme park business.
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 9:11 am
Mazda's profit jumped 7 percent in the October-December quarter as sales grew on the popularity of a remodeled compact and other vehicles in almost all regions, the Japanese automaker...
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 9:08 am
Asia-Pacific stock markets plunged on Wednesday, tracking Wall Street's biggest fall in nearly a year after one of the most worrying statistical signs yet that the US economy is entering a recession....
Source:
Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 9:07 am
Reuters - Federal prosecutors are looking for
U.S. ties to French bank Societe Generale's trading
scandal, for example transactions that went through a U.S.
broker, The Wall Street Journal reported on Wednesday.
Source:
Yahoo! News: Business | 6 Feb 2008 | 9:00 am
NEW YORK (Reuters) - Federal prosecutors are looking for U.S. ties to French bank Societe Generale's trading scandal, for example transactions that went through a U.S. broker, The Wall...
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 9:00 am
LONDON (MarketWatch) - Stocks in Europe fell for a second session on Wednesday, with automakers leading the declines as fears over a U.S. economic downturn accelerate.
Source:
MarketWatch.com - Top Stories | 6 Feb 2008 | 8:55 am
Here we go again. Day after day, Americans are being bombarded by a relentless drumbeat of unsettling economic news. The Dow regularly swings by hundreds of points in a single session as it gyrates near bear-market territory. Oil prices keep bubbling toward $100 a barrel. The dollar is crumbling, and a rogue trader in Paris is blamed for triggering a synchronized selloff heard round the world. We're constantly warned that an ugly recession is looming, if not already here. It's all enough to cause a panic attack.
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 8:46 am
LONDON (Reuters) - Oil prices extended their decline on Wednesday to below $88 a barrel as poor U.S. economic data reinforced fears that the world's largest economy is on the brink of a...
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 8:44 am
LONDON (Reuters) - Oil prices extended their decline on Wednesday to below $88 a barrel as poor U.S. economic data reinforced fears that the world's largest economy is on the brink of a recession, knocking stock markets lower.
Source:
Reuters: Business News | 6 Feb 2008 | 8:44 am
Reuters - Shares in Anglo-Swiss miner Xstrata
climbed as much as 3.2 percent on Wednesday, as traders
cited persistent market talk of a bid from Brazilian mining
giant Vale (VALE5.SA).
Source:
Yahoo! News: Business | 6 Feb 2008 | 8:42 am
LONDON (Reuters) - Shares in Anglo-Swiss miner Xstrata climbed as much as 3.2 percent on Wednesday, as traders cited persistent market talk of a bid from Brazilian mining giant Vale .
Source:
Reuters: Business News | 6 Feb 2008 | 8:42 am
LONDON (Reuters) - Shares in Anglo-Swiss miner Xstrata climbed as much as 3.2 percent on Wednesday, as traders cited persistent market talk of a bid from Brazilian mining giant Vale .
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 8:42 am
Tuesday's plunge on Wall Street triggered another wave of heavy selling in Asia today, with Hong Kong shares falling 5.4% and Japan's bedraggled stock market tumbling nearly as much.
Source:
Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 8:40 am
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 8:34 am
HONG KONG (MarketWatch) -- Asian stock markets suffered heavy losses Wednesday, prompted by a big sell-off on Wall Street overnight on concerns that the U.S. economy could be in recession.
Source:
MarketWatch.com - Top Stories | 6 Feb 2008 | 8:28 am
In Japan and Hong Kong, the major indexes took a steep dive Wednesday after the Dow's heavy loss.
Source:
SmartMoney.com | 6 Feb 2008 | 8:23 am
Thousands of staff at Tesco will share a £175m ($344m) payout from the company's save as you earn scheme.
Source:
BBC News | Business | World Edition | 6 Feb 2008 | 8:22 am
Reuters - BHP Billiton Ltd/Plc launched a
hostile $147.4 billion bid for rival miner Rio Tinto Ltd/Plc
on Wednesday, ending months of speculation and setting
the stage for the world's second-largest takeover.
Source:
Yahoo! News: Business | 6 Feb 2008 | 8:20 am
NEW YORK (Reuters) - Wal-Mart Stores Inc's Canadian unit has discontinued business with toymaker Lego Group after disagreeing on pricing after a rise in the Canadian dollar, The Wall...
Source:
Infocious RSS raw feed - channel BNewsBusiness | 6 Feb 2008 | 8:10 am
An astonishing collapse in the health of the US economy's service sector led to the worst day the markets have seen so far this year, despite the Giants Super Bowl victory parade outside the Big Board....
Source:
Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 8:06 am
With a stock price of just over $500 per share, Google's stock suddenly looks cheap - by Google's recent standards anyway. Google stock yesterday rallied 2.3 percent, or $11.37, to $506.80, rebounding...
Source:
Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 8:06 am
The details of a tentative plan to resolve the contentious writers' strike that has halted Hollywood for three months are beginning to emerge ahead of membership meetings this weekend for striking scribes....
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Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 8:06 am
Socit Gnrale trader Jerome Kerviel said he won't become the "scapegoat" for the bank's 4.9 billion euro ($7.2 billion) trading loss. "I was singled out by Socit Gnrale," Kerviel told Agence-France Presse...
Source:
Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 8:06 am
Lost contract Goldman Sachs lost a contract managing $1.2 billion of pension assets for Massachusetts after the state learned that Robert C. Jones, a senior money manager, will give up daily investment...
Source:
Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 8:06 am
Walt Disney Co., the second-largest U.S. media company, reported first-quarter profit that beat analysts' estimates as revenue from cable networks and theme parks increased. Net income was $1.25 billion,...
Source:
Infocious RSS raw feed - channel BNPaperBusiness | 6 Feb 2008 | 8:06 am
Last night BHP's chief executive Marius Kloppers dramatically launched the bid in Australia, just a day before a UK Takeover Panel ruling would have forced him to walk away for six months had he not made a formal offer.
Source:
Telegraph Business | 6 Feb 2008 | 8:00 am
With big primary victories in the North, California and on his home turf of the Southwest, John McCain surges ahead of the pack in his quest for the Republican presidential nomination on Super Tuesday, while Hillary Clinton and Barack Obama swap victories and prolong their campaign.
Source:
MarketWatch.com - Top Stories | 6 Feb 2008 | 7:46 am
Stocks suffered their worst one-day fall in nearly a year as new figures suggested the US might already be in a recession
Source:
FT.com - US homepage | 6 Feb 2008 | 7:37 am
John McCain solidified his lead in the contest for the Republican party's presidential nomination, capturing California, Super Tuesday's biggest prize, while Hillary Clinton's critical victory there kept the Democratic contest open
Source:
FT.com - US homepage | 6 Feb 2008 | 7:29 am
Reuters - Wachovia Corp , the
fourth-largest U.S. bank, is fighting a lawsuit accusing it of
letting fraudulent telemarketers use its accounts to bilk
millions of dollars from consumers, court papers show.
Source:
Yahoo! News: Business | 6 Feb 2008 | 7:21 am
NEW YORK (Reuters) - Wachovia Corp , the fourth-largest U.S. bank, is fighting a lawsuit accusing it of letting fraudulent telemarketers use its accounts to bilk millions of dollars from consumers, court papers show.
Source:
Reuters: Business News | 6 Feb 2008 | 7:21 am
BHP Billiton, the world's biggest mining company, raised the stakes in its campaign to win control of rival Rio Tinto, making a formal bid of 3.4 BHP shares for each Rio share
Source:
FT.com - US homepage | 6 Feb 2008 | 7:06 am
Close races between the two frontrunners for presidential nominations in both parties were expected to take the California primary into the wee hours on Super Tuesday, providing a dramatic climax to a dress rehearsal for November's general election.
Source:
MarketWatch.com - Top Stories | 6 Feb 2008 | 6:59 am
Sens. Hillary Clinton and Barack Obama ended their Super Tuesday face-off in a dead heat, guaranteeing a rancorous contest to come after each candidate won close numbers of delegates.
Source:
MarketWatch.com - Top Stories | 6 Feb 2008 | 6:49 am
Reuters - Skeptical investors are trading
Yahoo Inc shares at a 6.5 percent discount to
Microsoft Corp's unofficial offer price, but some Wall
Street analysts expect the software giant to raise its bid.
Source:
Yahoo! News: Business | 6 Feb 2008 | 6:28 am
While the world's leaders gathered at Davos last month were nervously chatting about the subprime crisis, rising oil prices, and roiling stock markets, geneticist Craig Venter crammed into a Swiss phone booth and talked to National Public Radio's
Science Friday and others about creating the first artificial chromosome.
How are a Swiss ski resort, economic angst, and designer DNA connected? Venter announcemnt brought the world one step closer to a breakthrough that, among other things, could replace petroleum, natural gas, and coal with cheaper fuels churned out by manmade bugs.
That's right, we're talking about a bacterialike organism that could be programmed like a computer to use its cellular mechanisms to produce not only a gasoline substitute, but also drugs, plastics, and "pretty much any other chemical that DuPont can now produce," says Venter.
In other discussions Venter has told me that his synthetic bugs might provide solutions for creating cleaner fuels, and for cleaning up greenhouse gases.
"We're the disruptive wild card out there," he says with a kidlike glee in his voice, a tone that comes whenever Venter, who co-sequenced the human genome and is the essence of "disruptive," gets excited.
Venter's wild card stance is not just about science. He also has been known to be disruptive in business. In 1998 he founded Celera, a commercial effort that sought to beat out the publicly financed effort to sequence the first human genome.
Using Venter's novel technologies, the Human Genome Project was accelerated and completed early, with the public and private sectors declaring a tie as to who won the race.
Venter left Celera in 2003, but not before amassing a personal fortune that he's used to finance the J. Craig Venter Institute and other ventures. In the synthetic-life field he has already filed for patents should his team succeed; in 2005 he co-founded Synthetic Genomics with economist Juan Enriquez to commercialize whatever designer bugs emerge from the lab.
"All fuels come from biology," he explains—not from a phone booth in Davos, Switzerland, but from his office in Rockville, Maryland, home of the Venter Institute. "Fossil fuels come from ancient biology, a 100-million-year process. We're talking about speeding up this process considerably."
Venter's latest breakthrough was reported in a paper published in the journal
Science. It detailed his team's creation of a full chromosome from scratch. (Genes in an organism are divided into long stretches called chromosomes.)
News of a synthetic chromosome follows word last year that Venter's lab had inserted the genome of one bacteria species into another and made the new genome function in the cell. This proved that a new set of DNA instructions could take over and function in a cell, a critical step demonstrating that it is possible to create a programmable cell.
Venter says his team has created the largest manmade chemical structure ever engineered—an exact replica of what naturally appears in the smallest known bacteria, called
Mycoplasma genitalium. As the Latin suggests, this parasite lives inside human genitalia. Its single chromosome is 1/10,000th the size of the human genome, which has 23 paired chromosomes.
"Basically," Venter says, "we took bottles of A's, T's, C's and G's"—adenine, thymine, cytosine, and guanine, the four nucleotides that form the building blocks of DNA—"and assembled this chromosome letter by letter."
They also added anomalous DNA markers called "watermarks" so that they could differentiate their chromosome from natural ones.
Venter and his colleagues, including Nobel laureate Hamilton Smith, started by ordering short stretches of the entire chromosome built by an outside lab. They then tried to connect them. This proved exceptionally difficult, since this giant molecule is thin and long and turned out to be very brittle.
Finally they were able to assemble the chromosome into four parts, which they inserted into yeast. The yeast used its cell mechanisms to replicate and fuse the four pieces into complete chromosomes.
Venter next wants to insert a manmade chromosome into an
M. genitalia that has had its DNA removed to see if it functions and activates the cell machinery. "We are two-thirds of the way there," he says. "I will be surprised and disappointed if we don't finish in the next year."
Venter could make a substantial fortune off these discoveries, if they truly become wonderbugs that can be programmed to make virtually anything. Yet so far, he is not hording the information. He's published his major findings, even as he goes after patents that could make him the master of artificial life should he succeed.
He's also held numerous meetings to discuss the ethics of creating life, though of course no one knows exactly what will happen with such powerful technology. Using the bugs for manufacturing chemicals can be made as safe as current technologies for recombinant DNA, the process used to make biologics, notably Amgen's Epogen. But fear of bioweapons and superbugs running amok are not entirely far-fetched, and must be guarded against.
"Will you be creating any new Craig Venters?" I ask.
"Sometimes I wish I could," he says, "then I could be several places at once. But a lot of people think that one Craig Venter is enough."
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Source:
Portfolio.com: Top 5 | 6 Feb 2008 | 6:00 am
LOS ANGELES (Reuters) - Skeptical investors are trading Yahoo Inc shares at a 6.5 percent discount to Microsoft Corp's unofficial offer price, but some Wall Streeters expect the software giant to raise its bid.
Source:
Reuters: Business News | 6 Feb 2008 | 3:12 am
Standard & Poor's, the credit rating agency that is considering downgrading the top triple-A credit ratings of bond insurers, warned that the move could be damaging for banks with direct exposure to the insurers
Source:
FT.com - US homepage | 6 Feb 2008 | 3:12 am
Hopes of aggressive interest rate cuts faded yesterday after two key surveys showed the UK economy holding up relatively well in the face of the global slowdown.
Source:
Telegraph Business | 6 Feb 2008 | 1:01 am
London-listed Kazakhmys, Kazakhstan's biggest copper producer, is buying the country's largest power plant and a coal mine for up to $1.5bn (£760m) from America's AES Corporation.
Source:
Telegraph Business | 6 Feb 2008 | 1:01 am
Perrigo tops, raises '08 outlook
Source:
Investor's Business Daily: BUSINESS | 6 Feb 2008 | 12:47 am
In the U.S. car-collision parts market, one leader recycled, the other didn't.
Source:
Investor's Business Daily: BUSINESS | 6 Feb 2008 | 12:38 am
INVITROGEN (IVGN), which serves medical researchers, said Q4 EPS rose 31% to $1.15 ex items, 15 cents over view. Revenue grew 12% to $336 mil....
Source:
Investor's Business Daily: BUSINESS | 6 Feb 2008 | 12:38 am
Like their counterparts across the nation, Massachusetts Democrats are torn between Clinton and Obama.
Source:
Business and financial news - CNNMoney.com | 6 Feb 2008 | 12:31 am
Switzerland's central bank is to sell a further 250 tonnes of gold, dashing hopes for a revival in depressed bullion prices after months of heavy selling by Spain and Belgium.
Source:
Telegraph Business | 6 Feb 2008 | 12:05 am
Chancellor Gordon Brown today pledged to improve the transparency of appointments to the interest-rate setting Monetary Policy Committee (MPC) following criticism from the governor of the Bank of England
Source:
Telegraph Business | 6 Feb 2008 | 12:05 am
A group of British entrepreneurs are trying to trump the long-awaited Apple iPhone by launching the first low-cost music service for mobile phones today.
Source:
Telegraph Business | 6 Feb 2008 | 12:05 am
Holiday operator First Choice has announced a pre-tax loss of £82.5m, as the struggling company spent more on acquisitions to diversify away from the basic package holiday.
Source:
Telegraph Business | 6 Feb 2008 | 12:05 am
UK equity markets had a strong start to the day with the FTSE 100 rising 62 to 6621 in early dealings and the FTSE 250 gaining 155 to 11752
Source:
Telegraph Business | 6 Feb 2008 | 12:05 am
Cramer's 2007 growth stock of the year has been a major disappointment, so he brought the chief executive on the show to find out what's going on. 
Reuters - Dutch office supplies firm Corporate
Express said Tuesday it was not in talks to be bought
by U.S. rival Staples , denying a newspaper report and
halving a sharp rise in its shares.