Former Corporate Executive to Run Red Cross
Tuesday, April 8th, 2008Gail J. McGovern, formerly of AT&T and Fidelity Investments, will take over the battered organization.
author By STEPHANIE STROM, source www.nytimes.com
Document Details Insider Trading Claims at Airbus
Tuesday, April 8th, 2008A report by the French stock market watchdog that was leaked to a French news service provided details of the insider trading claims against executives at Airbus and EADS.
author By NICOLA CLARK, source www.nytimes.com
Stocks Fall After Earnings Reports and Fed Minutes
Tuesday, April 8th, 2008Wall Street retreated after Alcoa and A.M.D. issued disappointing reports and the Federal Reserve voiced concerns about the slumping economy.
author By THE ASSOCIATED PRESS, source www.nytimes.com
Russia Is Close to Privatizing Electricity Giant
Tuesday, April 8th, 2008A plan to privatize the world’s largest electricity company is entering the home stretch, successfully it seems, in spite of its complexity and the hostility toward privatization in today’s Russia.
author By ANDREW E. KRAMER, source www.nytimes.com
Rising Rents Force Older Businesses to New Sites
Tuesday, April 8th, 2008Brokers say that many locally owned stores, squeezed between big national chains and foreign retailers, are finding that the only way to stay afloat in Manhattan is at a new site.
author By J. ALEX TARQUINIO, source www.nytimes.com
Senate Moves Forward on Housing Aid Bill
Tuesday, April 8th, 2008The Senate voted overwhelmingly to proceed with legislation aimed at easing problems in the housing market.
author By DAVID STOUT, source www.nytimes.com
Morgan Stanley Chairman Wins Re-Election
Tuesday, April 8th, 2008John J. Mack, facing down an investor campaign to unseat him as the chairman of Morgan Stanley, was re-elected by an overwhelming margin on Tuesday.
author By LANDON THOMAS Jr., source www.nytimes.com
Microsoft says publishes more software information
Tuesday, April 8th, 2008SAN FRANCISCO (Reuters) - Microsoft Corp said on Tuesday it has posted online more than 14,000 pages of preliminary versions of technical documentation for underlying software code in its software pro…
author Reuters, source feeds.bignewsnetwork.com
CompTIA European E-Business Council Lends Expertise to E-invoicing Initiative
Tuesday, April 8th, 2008The Computing Technology Industry Association (CompTIA) announced today that its European E-Business Council is lending its expertise to help address an issue critical to the future of electronic comm…
author PR Web, source feeds.bignewsnetwork.com
$7bn cash injection for US lender
Tuesday, April 8th, 2008US mortgage lender Washington Mutual (WaMu) is to receive $7bn ( 3.6bn) in new capital from a consortium led by a private equity group, TPG. The firm has been hit hard by rising defaults on its mor…
author BBC, source feeds.bignewsnetwork.com
Earnings Worries Weigh On European Tech Sector
Tuesday, April 8th, 2008(AMD) posting a bigger-than-expected decline in first-quarter revenue. Tech stocks fall The AMD results and a report from Dramexchange that memory chip makers didn’t raise prices this month spar…
author Morning Star, source feeds.bignewsnetwork.com
Pm Stresses Need For Global Economic Partnership
Tuesday, April 8th, 2008Manama, April 8, (bna) — The Gcc States Need To Set Up Strong Ties With Global Economic Blocs Whose Influential Role Is Constantly Expanding, Prime Minister Shaikh Khalifa Bin Salman Al Khalifa Said.
author Bahrain News Agency, source feeds.bignewsnetwork.com
Introduces industry’s first comprehensive solutions businesspartner accreditation, certification and test program
Tuesday, April 8th, 2008HP Unveils Imaging and Printing Devices, Solutions and Services for Enterprises Introduces industry’s first comprehensive solutions business partner accreditation, certification and test pro…
author PR Web, source feeds.bignewsnetwork.com
U.S. Stocks Move Lower As Earnings Reports Disappoint
Tuesday, April 8th, 2008helped U.S. stocks make modest gains on Monday. Shares of the struggling lender were off 9%. In commodities trading, crude-oil futures edged lower, with crude for May delivery losing
author Morning Star, source feeds.bignewsnetwork.com
Wal-Mart Stores launches $2.5 bln debt in two parts
Tuesday, April 8th, 2008Research ) on Tuesday launched $2.5 billion debt in a two-part sale, with pricing expected later on Tuesday, said a market source familiar with the sale.
author Reuters, source feeds.bignewsnetwork.com
Judge dismisses suit against Waste Industries
Tuesday, April 8th, 2008has been formally dismissed, the company says. The dismissal is another step forward for Waste Industries (Nasdaq: WWIN), the Raleigh-based trash hauler, as it moves toward a management-led buyout. …
author Sacramento Business Journal, source feeds.bignewsnetwork.com
Further fall in US housing sales
Tuesday, April 8th, 2008Sales of previously owned homes in the US fell by 1.9% in February compared to the previous month, compounding fears of a housing market slowdown. According to The National Association of Realtors …
author BBC, source feeds.bignewsnetwork.com
Sensex sheds 169 pts on global cues
Tuesday, April 8th, 2008Recovering from major initial losses, Bombay Stock Exchange’s Sensex settled 1.08 per cent or 169 points lower at 15,587.62. The index dipped to an intra-day low of 15,479.42 from high of 15,770.40…
author Times of India, source feeds.bignewsnetwork.com
Apple cut to bearish rating on worries of slowing economy
Tuesday, April 8th, 2008Last Update: 11:32 AM ET Apr 8, 2008 SAN FRANCISCO (MarketWatch) - Apple Inc. saw a rare occurrence Tuesday - a Wall Street analyst telling his clients to sell off shares of the popular consumer elect…
author iwon, source feeds.bignewsnetwork.com
New Issue - Nielsen Finance adds $220 mln in 6-yr notes
Tuesday, April 8th, 2008April 8 (Reuters) - Nielsen Finance LLC and Nielsen Finance Co, units of Netherlands-based media firm The Nielsen Company BV, late on Monday added $220 million to its existing 10 percent notes due …
author Reuters, source feeds.bignewsnetwork.com