Archive for April, 2008

UPDATE 1-National Oilwell Varco 1st-qtr profit up 44 pct

Wednesday, April 30th, 2008

(Recasts first paragraph, changes dateline from NEW YORK, addsdetails) HOUSTON, April 30 (Reuters) - National Oilwell Varco Inc(NOV.N: Quote, Profile, Research) said on Wednesday its first-quarter profit rose 44percent as record crude oil prices boosted demand for itsdrilling equipment, particularly in ...

UPDATE 1-MOVES-Assured Guaranty, John Hancock, Bank of Ireland

Wednesday, April 30th, 2008

(Adds Assured Guaranty, John Hancock, WJB) PHILADELPHIA, April 30 (Reuters) - The following financialservices industry appointments were announced on Wednesday. Toinform us of other job changes, please e-mailmoves@reuters.com. ASSURED GUARANTY CORP. Assured Guaranty, ...

UPDATE 1-Crystallex says confused on Las Cristinas move

Wednesday, April 30th, 2008

TORONTO, April 30 (Reuters) - Crystallex International Corp(KRY.TO: Quote, Profile, Research) said on Wednesday it had become aware that Venezuela'senvironment ministry had denied an exploration request in thearea of its Las Cristinas mine, a move the miner said seems inconflict with its environmental approvals for ...

UPDATE 1-Kaupthing Q1 net surges from Q4, can weather storm

Wednesday, April 30th, 2008

By Adam Cox STOCKHOLM, April 30 (Reuters) - Iceland's Kaupthing(KAUP.IC: Quote, Profile, Research) posted on Wednesday first-quarter net profit nearlytwice that of the prior three months as the bank slashed costsand said it was ready to weather even a lengthy market ...

Mexico stocks rise 1 pct after U.S. GDP, jobs data

Wednesday, April 30th, 2008

MEXICO CITY, April 30 (Reuters) - Mexican stocks rosesharply on Wednesday, led by cell phone operator America Movil(AMXL.MX: Quote, Profile, Research), after U.S. economic growth and jobs data calmedfears about a recession in Mexico's chief trading partner. The benchmark IPC stock ...

McGuinty calls equalization payments in tough times ‘nonsense’

Wednesday, April 30th, 2008

Ontario Premier Dalton McGuinty has responded to reports that his province will soon become a have-not province, saying Ontario's equalization payments in tough times are "nonsense." On Tuesday, TD economists said in a report that Ontario could qualify for equalization payments as early as 2010, as the booming West leaves ...

ENER Comes Into Its Own

Wednesday, April 30th, 2008

As if anyone didn't already know, First Solar FSLR lately has been CLASS="TICKERFLAT">WFR makes. Polysilicon, a key component in the manufacture of semiconductors and solar panels, remains in short supply due to rampantly growing demand for solar panels as well as industry production problems. However, there's another quality thin-film player ...

SAP Slips on U.S. Sluggishness

Wednesday, April 30th, 2008

SAN FRANCISCO - Shares of SAPSAP dropped Wednesday after first-quarter revenue fell short of expectations/> Previous Story ...

Arm yourself to win

Wednesday, April 30th, 2008

By Jim ChampyApril 30, 2008: 11:11 AM EDT More from FSBSeeing red over gray-market goodsArm yourself to winSteeled for 500% growthCurrent Issue(FORTUNE Small Business) -- In this economic dip, the lessons found in Jim Champy's new book, Outsmart! ($22.99), ...

Steeled for 500% growth

Wednesday, April 30th, 2008

By Mina KimesLast Updated: April 30, 2008: 11:01 AM EDT Michael Zweigbaum squeezes more profit from bales of scrap. High-tech scales snap digital photos of the scrap.More from FSBSeeing red over gray-market goodsArm yourself to winSteeled for 500% growthCurrent Issue(FORTUNE Small Business) -- When ...