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IBM helps doctors care for premature babies with technology (Product Reviews Net)

Wed, 23 Jul 2008 15:56:02 GMT

IBM (NYSE: IBM) and the University of Ontario Institute of Technology (UOIT) announced today a first-of-a-kind research project to help doctors detect subtle changes in the condition of critically ill premature babies. The project will see a group of internationally recognized researchers, led by Dr. Carolyn McGregor, a UOIT associate professor and Canada Research Chair in [...]

Source : Product Reviews Net (subscribe)

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Mortgage approvals plunge by a quarter in a single month (The Telegraph)

Wed, 23 Jul 2008 10:20:35 GMT

Mortgage approvals have dropped by almost a quarter in a single month to a record low, new figures show.

Source : The Telegraph (subscribe)

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US home owners cut back refinancing (Financial Time)

Wed, 23 Jul 2008 15:27:00 GMT

The rise in US mortgage rates has prompted a sharp decline in the number of refinancings according to data from the Mortgage Bankers Association

Source : Financial Time (subscribe)

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AT&T profits jump by 30 per cent (Financial Time)

Wed, 23 Jul 2008 14:36:00 GMT

AT&T, the largest US telecommunications group, shrugged off investor concerns about the impact of a weakening economy to report a 30 per cent increase in second quarter profits

Source : Financial Time (subscribe)

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Debate over energy speculation rages (Financial Time)

Wed, 23 Jul 2008 11:28:00 GMT

Speculators do not hold responsiblilty for the recent rise in oil prices to a record near $150 a barrel, according to the US government which instead blamed "fundamental supply and demand factors

Source : Financial Time (subscribe)

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Hawkish Bank minutes boost sterling (Financial Time)

Wed, 23 Jul 2008 10:07:00 GMT

Sterling advanced on Wednesday after the minutes of the Bank of England's monetary policy committee meeting revealed a three-way split on interest rates.

Source : Financial Time (subscribe)

Explore : Bank of England, Currency rates, Economic Indicators, Economy

Samsung chief makes legal appeal (BBC News)

Wed, 23 Jul 2008 09:57:00 GMT

The ex-chairman of South Korean firm Samsung appeals against his conviction for tax evasion.

Source : BBC News (subscribe)

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Costco warning adds to US retail gloom (Financial Time)

Wed, 23 Jul 2008 13:59:00 GMT

Costco, the largest warehouse club chain in the US, warned that its fourth quarter profits would be 'well below' expectations, thanks to higher energy costs and maintaining lower prices to retain customers

Source : Financial Time (subscribe)

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Drop in oil prices sets the tone on Wall Street (Financial Time)

Wed, 23 Jul 2008 13:06:00 GMT

US stocks were set for a second session of gains as oil prices again dropped sharply, helping to offset a mixed bag of second-quarter results from the likes of Pepsi and Boeing

Source : Financial Time (subscribe)

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Oil extends retreats ahead of US inventories data (Financial Time)

Wed, 23 Jul 2008 11:09:00 GMT

Oil prices extended their retreat and fell by more than $2 a barrel as fears that Hurricane Dolly would disrupt production in the Gulf of Mexico eased

Source : Financial Time (subscribe)

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MPC split three ways on rate decision (Financial Time)

Wed, 23 Jul 2008 09:40:00 GMT

The Bank of England's monetary policy committee was split three ways in its vote to leave interest rates on hold this month, but most members felt raising rates to fight inflation was not yet necessary given the weaker outlook for economic growth

Source : Financial Time (subscribe)

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SSP agrees takeover by Hellman & Friedman (Financial Time)

Wed, 23 Jul 2008 11:35:00 GMT

SSP Holdings, the insurance software company, said it agreed to be acquired by Hellman & Friedman, the US private equity group, in a deal valuing the Aim-listed company at £198m including debt

Source : Financial Time (subscribe)

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Telecoms rally helps Europe higher (Financial Time)

Wed, 23 Jul 2008 09:01:00 GMT

European equity markets were higher on Wednesday after a strong session in the US and Asia, prompted by lower oil prices and a rally for under-fire banking stocks

Source : Financial Time (subscribe)

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Industry Moves: Caroline Little Joins Guardian U.S. Team; Joins Our Board (paidContent:UK)

Wed, 23 Jul 2008 16:23:57 GMT

Caroline Little, who till earlier this year was the CEO of Washington Post ( NYSE: WPO ) Company's online division and left, has now joined Guardian News & Media (GNM), the UK-based media group which publishes the Guardian, among others. She will start next month in the role of Special Advisor, GNM US. As you know, our company ContentNext Media was acquired by GNM earlier this month, and Little will...

Source : paidContent:UK (subscribe)

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'No job cuts' in factory buyout (BBC News)

Wed, 23 Jul 2008 13:22:01 GMT

A North East Lincolnshire-based seafood firm says it is 'business as usual' following a £1bn private equity company buyout.

Source : BBC News (subscribe)

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Wells Fargo´s New Banking Stores Reducing Energy Use 20 Percent (EuroInvestor.co.uk)

Wed, 23 Jul 2008 16:08:37 GMT

Wells Fargo & Company (NYSE: WFC) said today that its newly built banking stores will use about 20 percent less energy and 40 percent less water than conventional buildings of the .. - Read more

Source : EuroInvestor.co.uk (subscribe)

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First Merchants Corporation Announces 5.9 Percent Increase in Second Quarter Earnings Per Share (EuroInvestor.co.uk)

Wed, 23 Jul 2008 16:08:37 GMT

First Merchants Corporation (NASDAQ: FRME) has reported second quarter 2008 diluted earnings per share of $.36, a 5.9 percent increase over 2007 second quarter earnings per share of $... - Read more

Source : EuroInvestor.co.uk (subscribe)

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Denny´s Announces Second Quarter 2008 Earnings Conference Call (EuroInvestor.co.uk)

Wed, 23 Jul 2008 16:08:37 GMT

Denny ’ s Corporation (NASDAQ:DENN) expects to announce financial and operating results for its second quarter ended June 25, 2008 on Tuesday, July 29, 2008 aft.. - Read more

Source : EuroInvestor.co.uk (subscribe)

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Analysts divided on SunTrust Banks' capital position (Reuters UK)

Wed, 23 Jul 2008 15:28:09 GMT

BANGALORE (Reuters) - Analysts were divided on the capital position of SunTrust Banks Inc , after the U.S. southeast regional bank on Tuesday said it will bolster capital by unloading a big Coca-Cola Co stake.

Source : Reuters UK (subscribe)

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Westfield Financial, Inc. Reports Results for the Quarter and Six Months Ended June 30, 2008 (EuroInvestor.co.uk)

Wed, 23 Jul 2008 14:13:05 GMT

Westfield Financial, Inc. (the “ Company ” ) (NASDAQ:WFD), the holding company for Westfield Bank (the “ Bank Read more

Source : EuroInvestor.co.uk (subscribe)

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