China’s Shanghai Index May Drop to 2,500, Guotai Says (Update2)Monday, March 15, 2010 @ 3:28AMChina’s benchmark stock index may fall a further 17 percent to 2,500 in the first half as the government steps up measures to cool growth, according to Guotai Junan Securities Co., the nation’s second-largest brokerage.
Sensex back in green at mid-sessionMonday, March 15, 2010 @ 3:22AMNew Delhi, Mar 15 (PTI) Erasing early losses, the Bombay Stock Exchange Benchmark Sensex recovered to trade over 12 points higher at mid-session on fresh buying in stocks such as Reliance Industries and Infosys Technologies.
Transcript: The Beauty Of Small CapsMonday, March 15, 2010 @ 3:19AMDavid Kuo talks to Gavin Oldham from the Share Centre and David O'Hara from Blackthorn Focus.
Arabtec share estimate downgradedMonday, March 15, 2010 @ 3:15AM15 March 2010 Arabtec Holding Arabtec Holding , the largest cons-truction company in the UAE, has been downgraded to 'hold' from 'buy' by Deutsche Bank on concerns about its plans for expansion out-side Dubai and a weak orderbook, Bloomberg newswire said yesterday.
News in briefThursday, March 11, 2010 @ 5:39PMPETALING JAYA: Tan Chong Motor Holdings Bhd has won the sole and exclusive rights to sell Nissan vehicles in Cambodia under a distribution agreement entered into with Nissan Motor Co Ltd yesterday.
Aeropostale Rallies After Profit and Forecast Surpass EstimatesThursday, March 11, 2010 @ 5:37PMMarch 11 (Bloomberg) -- Aeropostale Inc. , the teen clothing retailer, climbed 5.8 percent in late New York trading after reporting a first-quarter profit forecast and fourth-quarter earnings that were higher than analysts’ estimates.
Toyota Seeks 2010 Recovery for Most of Lost U.S. Market ShareThursday, March 11, 2010 @ 5:35PMMarch 12 (Bloomberg) -- Toyota Motor Corp. set a 2010 goal of regaining most of the U.S. market share lost in the past two months after global recalls of 8 million vehicles damped demand, the No. 2 U.S. sales executive said.
Canadian Oil Sands Trust, TransCanada: Canadian Equity PreviewThursday, March 11, 2010 @ 5:34PMMarch 11 (Bloomberg) -- Shares of the following companies may have unusual moves in Canadian trading . Stock symbols are in parentheses. Canadian Oil Sands Trust (COS-U CT): The province of Alberta said it will reduce oil and gas royalties in January.
Tussle at EON Cap set to heat up againThursday, March 11, 2010 @ 5:33PMKUALA LUMPUR: The boardroom tussle at EON Capital Bhd looks set to heat up again with the EGM taking place this Monday after it was adjourned three weeks ago.
Affin planning to take over EON Cap?Thursday, March 11, 2010 @ 5:33PMPETALING JAYA: As the tussle for control at EON Capital Bhd (EON Cap) simmers on, Affin Holdings Bhd, the parent company of Affin Bank Bhd, may be gearing itself to launch a takeover of EON Cap.
JOHN DORFMAN: Winning stocks expect moreWednesday, March 10, 2010 @ 7:25PMSanderson Farms Inc., Hasbro Inc., CF Industries Holdings Inc. and Ralcorp Holdings Inc. have moved up nicely this year.
OSK Research downgrades KKB to Trading BuyWednesday, March 10, 2010 @ 7:24PMKUALA LUMPUR: OSK Research says KKB Engineering’s share price has appreciated by 64.9% over the past two weeks after the announcement of its above expectations FY09 results as well as bonus issue and share split on Feb 23.
Investment Column: Overseas growth makes Inchcape a holdWednesday, March 10, 2010 @ 7:21PMAt first glance, the annual results published by Inchcape yesterday look stonking. The car dealer's profits came in at £137m, a whopping 27 per cent higher than last year's £108m. But stripping out the distortion from the one-off charge that pushed down the 2008 figures, the picture is less rosy.
Qantas heading towards bluer skiesWednesday, March 10, 2010 @ 7:15PMQantas is turning around the decline in yields - or average air fares - after they bottomed out last year, but it is still experiencing weakness in earnings from its international flights.
Katahdin Trust expanding to Bangor, HampdenWednesday, March 10, 2010 @ 7:15PMHOULTON, Maine -- Katahdin Trust Co. said it plans to open branches in Bangor and Hampden later this year to accommodate what it hopes is a continually growing market. The Bangor branch will be …
US stocks gain on financial firmsWednesday, March 10, 2010 @ 7:15PMNew York, March 11: Major stock indices closed higher Wednesday amid gathering optimism about the US economy, with shares of financial firms leading the stock market.
GM CEO says U.S. will make money on bailoutWednesday, March 10, 2010 @ 7:14PMSAN ANTONIO (Reuters) - General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.
MetLife CEO Eclipses Benmosche After Vow Not to Waste CrisisTuesday, March 9, 2010 @ 12:23AMMarch 9 (Bloomberg) -- MetLife Inc. Chief Executive Officer Robert Henrikson , who vowed not to waste the financial crisis, will control a larger overseas life insurance operation than his old boss after agreeing to pay $15.5 billion for a unit of American International Group Inc.
DGAP-Adhoc: EADS Reports 2009 ResultsTuesday, March 9, 2010 @ 12:21AMDissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement.
Gazprom, MTS, Sberbank, Severstal: Russia Stock Market PreviewTuesday, March 9, 2010 @ 12:21AMMarch 9 (Bloomberg) -- The following companies may have unusual price changes in Russian trading. Stock symbols are in parentheses and share prices are from the previous close.
Fire destroys M.C. buildingTuesday, March 9, 2010 @ 12:20AMMASON CITY — Fire destroyed a warehouse in the 1800 block of South Pierce Avenue in Mason City Monday night.
Wellmark's rate increase to be reviewedTuesday, March 9, 2010 @ 12:20AMDES MOINES — Iowa lawmakers called Gov. Chet Culver’s stay on Wellmark’s 18 percent increase in individual and small group health insurance premiums appropriate.
National Hydropower trades largest number of sharesTuesday, March 9, 2010 @ 12:18AMBetween February 7 to March 7, National Hydropower Co (NHPC) traded the largest number of shares amongst the three hydropower companies whose shares were traded in Nepal Stock Exchange (NEPSE) during the period.
Cebu Pacific eyes $262-M from IPOTuesday, March 9, 2010 @ 12:17AMMANILA, Philippines - Philippine conglomerate JG Summit Holdings Inc. said on Tuesday it plans to raise around P12 billion ($262 million) from an initial public offering of its airline unit to fund the purchase of more aircraft.
Cerro Gordo supervisors to hold budget hearing TuesdayTuesday, March 9, 2010 @ 12:17AMMASON CITY — Cerro Gordo County supervisors are expected to approve a budget for the 2010-2011 fiscal year at their meeting Tuesday morning.
AIG Agrees to Sell Non-U.S. Unit to MetLife for $15.5 BillionMonday, March 8, 2010 @ 5:42AMMarch 8 (Bloomberg) -- American International Group Inc. agreed to sell a division to MetLife Inc. for $15.5 billion in the bailed-out company’s second divestiture of a non-U.S. life unit this month.
Italian Stocks: Exor, Fiat, Italcementi, Parmalat, SaipemMonday, March 8, 2010 @ 5:41AMMarch 8 (Bloomberg) -- Italy’s benchmark FTSE MIB gained for a seventh session, increasing 99.46, or 0.5 percent, to 22,377.58 as of 9:20 a.m. in Milan.
Dubai World deal hope lifts markets, divides creditorsMonday, March 8, 2010 @ 5:39AMDUBAI: Hopes of progress this week on Dubai World US$26 billion debt restructuring lifted stocks and eased fears of default but potential divisions emerged among creditors to the state-owned conglomerate, according to Reuters.
Dai-ichi Life sets price range for US$12b IPOMonday, March 8, 2010 @ 5:38AMTOKYO: Dai-ichi Mutual Life Insurance said on Monday its IPO, Japan's biggest in 12 years, would raise as much as 1.1 trillion yen (US$12 billion) at the top of a price range, roughly in line with exp...
U.S. Stock-Index Futures Are Little Changed; Hewlett DeclinesMonday, March 8, 2010 @ 5:31AMMarch 8 (Bloomberg) -- U.S. stock-index futures were little changed after the Standard & Poor’s 500 Index last week erased its loss for the year. Hewlett-Packard Co.
(AFX UK Focus) 2010-03-08 11:04 UPDATE 1-Indosat Q4 unaudited net profit down 88 pctMonday, March 8, 2010 @ 5:27AMJAKARTA, March 8 (Reuters) - Indonesia's second-largest mobile phone operator, PT Indosat Tbk, reported on Monday an 88 percent fall in its fourth-quarter net profit, according to Reuters calculations, as competition heated up and as the number of its subscribers fell last year. Indosat had 33.1 million cellular subscribers by the end of last year, down 9.3 percent from 36.5 million in 2008, the ...
Market Commentary and Intraday NewsMonday, March 8, 2010 @ 5:24AM(RTTNews) - The Indian market pared early gains and closed off the day's high on Monday. Buoyed by strong Wall Street and Asian cues, the BSE 30-share Sensex opened higher at 17,034 and rose further to a high of 17,188 by mid-session.
* PPB, Pharmaniaga, Salcon, Keck SengSaturday, March 6, 2010 @ 8:33AMKUALA LUMPUR: The FBM KLCI is expected to test and cross the psychologically important 1,300 level this coming week, starting March 7, underpinned by the run-up on Wall Street and strong export data. ...
Recovery rattledSaturday, March 6, 2010 @ 8:06AMHarare - On Monday, as Zimbabwe's tough new indigenisation measures came into effect, the electronic board at the country's stock exchange was all red.
Don't spring into a house saleSaturday, March 6, 2010 @ 8:00AMTHE message to sell your house in spring is a myth, and sellers should follow the property cycle, a commentator has said as Queensland house prices roar back.
Chuck Curley: NASCAR may be in Hanover grad's futureSaturday, March 6, 2010 @ 7:48AMSomeday, Alex Bauer may put his degree in criminal justice from Shippensburg University to use, but that may have to wait for a long time.
A fond farewell to old technologySaturday, March 6, 2010 @ 7:30AMRapid technological, social and economic changes spell the end for a range of familiar items and practices.
Case study - Controlling IBR in the beef herdSaturday, March 6, 2010 @ 7:16AMTesting for disease is as much about identifying the absence of disease as the presence, according to Surrey beef farmer Angus Stovold. "When you know your disease status, you can manage the risk of infection."
Times-Journal makes changes to its pagesFriday, March 5, 2010 @ 7:45PMTimes-Journal readers may notice a few changes to the newspaper’s pages recently. The changes come following a merger of the Times-Journal and the Weekly Post in Rainsville and includes moving some features from where readers may be used to finding them.