Archive for May 1st, 2008

Spend $10 Today, Be Out $100K Tomorrow

Thursday, May 1st, 2008

Little amounts can make a large difference to your finances.As gas and food prices continue to rise, the squeeze to make family budgets balance each month becomes more of a struggle each month. After the big savings have been found and taken, smaller savings have to be found to make ...

UPDATE 1-Stantec first-quarter profit rises 9.7 percent

Thursday, May 1st, 2008

TORONTO, May 1 (Reuters) - Profit at engineering firmStantec Inc (STN.TO: Quote, Profile, Research) (SXC.N: Quote, Profile, Research) rose 9.7 percent in the firstquarter, the company said on Thursday, crediting increaseddemand in its environment and industrial businesses. Stantec said net income ...

K+S could be keen on DSM’s fertilizer unit -report

Thursday, May 1st, 2008

FRANKFURT, May 1 (Reuters) - German fertilizers maker K+S(SDFG.DE: Quote, Profile, Research) could be interested in Dutch chemicals group DSM's(DSMN.AS: Quote, Profile, Research) fertilizer business if it were up for sale, a Germannewspaper quoted K+S's investor relations head as saying. "If ...

Tyco Int’l beats estimates but “organic” sales weak

Thursday, May 1st, 2008

NEW YORK (Reuters) - Tyco International Ltd (TYC.N: Quote, Profile, Research) reported higher-than-expected quarterly earnings from continuing operations on Thursday, but its shares fell 4 percent in early trading on concerns about the pace of sales growth. Tyco's so-called "organic" sales growth was ...

UPDATE 3-Burger King beats estimates, but renovations weigh

Thursday, May 1st, 2008

(Recasts lead; updates share price; adds details on impact ofrenovation project; previous NEW YORK) LOS ANGELES, May 1 (Reuters) - Burger King Holdings Inc(BKC.N: Quote, Profile, Research), posted better-than-expected earnings and raised itsfull-year profit-per-share growth forecast on Thursday but saidrestaurant renovation-related ...

Exxon says in process of resuming Nigeria output

Thursday, May 1st, 2008

LONDON, May 1 (Reuters) - Exxon Mobil (XOM.N: Quote, Profile, Research) said onThursday that it has started resuming its crude oil productionin Nigeria. "Exxon Mobil upstream affiliates in Nigeria confirm that weare in the process of production start-up following resumptionof services ...

UPDATE 2-GrafTech profit doubles, raises 2008 view; shares rise

Thursday, May 1st, 2008

(Adds analyst's comments, updates share movement) May 1 (Reuters) - GrafTech International Ltd (GTI.N: Quote, Profile, Research), amaker graphite electrodes, posted a two-fold increase inquarterly profit, beating Wall Street estimates, helped byhigher product prices and reduced expenses, and raised its 2008revenue ...

Cerberus says won’t invest in Blackwater USA

Thursday, May 1st, 2008

NEW YORK, May 1 (Reuters) - Cerberus Capital ManagementLLC, the buyout fund managed by investor Stephen Feinberg, onThursday said it decided not to invest in Blackwater USA, theprivate security firm that guards U.S. State Departmentpersonnel. Cerberus, which controls automaker Chrysler LLC ...

Police probe 70 mln stg fraud at HSBC

Thursday, May 1st, 2008

LONDON, May 1 (Reuters) - Police are investigating analleged attempted fraud at Britain's biggest bank, HSBC Holdings(HSBA.L: Quote, Profile, Research), the bank said on Thursday, which is estimated toinvolve about 70 million pounds ($139 million). HSBC said no customer funds were ...

Bolivia completes takeover of 4 energy companies

Thursday, May 1st, 2008

LA PAZ, May 1 (Reuters) - Bolivia's leftist government said Thursday itcompleted the purchase of majority ownership of four energy companies bybuying back shares in the firms as part of a nationalization drive startedexactly two years ago. In a paid advertisement ...