Archive for May 1st, 2008

UPDATE 2-Lower costs help Sepracor beat profit forecast

Thursday, May 1st, 2008

(Adds analyst comment, earnings details, shares) NEW YORK, May 1 (Reuters) - Sepracor Inc (SEPR.O: Quote, Profile, Research) onThursday posted better-than-expected first-quarter profit aslower costs helped offset declines in sales of its Lunestainsomnia treatment and Xopenex asthma drugs. ...

UPDATE 1-Resolution’s Cowdery eyes restructuring venture

Thursday, May 1st, 2008

(Writes through with details) By Clara Ferreira-Marques LONDON, May 1 (Reuters) - Clive Cowdery, the entrepreneurwho sold insurer Resolution last year, is back in business witha restructuring venture that will target troubled banks, assetmanagers and insurers as ...

UBS to unveil job cut plans Tuesday: sources

Thursday, May 1st, 2008

LONDON (Reuters) - Swiss bank UBS (UBSN.VX: Quote, Profile, Research), Europe's biggest casualty of the credit crisis, will announce plans for job cuts on Tuesday when it releases quarterly results, sources familiar with the matter said on Thursday. Speculation among UBS employees is ...

Bill Nix Joins BlueStar as Director of Global Channel Marketing & Sales

Thursday, May 1st, 2008

Mr. Nix will lead BlueStar’s international business development, including bringing more vendors’ products into BlueStar for distribution as well as developing an international marketing and sales presence.Florence, KY—May 1, 2008—BlueStar, the leading innovator in solutions-based distribution for Auto ID, Point-of-Sale, RFID, and Mobility products, is proud to announce the recent ...

Spend $10 Today, Be $100K Poorer 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 ...

Knight Riders stumble in Jaipur, Ganguly scores 50

Thursday, May 1st, 2008

Jaipur, May 1: Skipper Sourav Ganguly's fighting half century went in vain as Kolkata Knight Riders succumbed ...

PPP-PML narrow differences over reinstatement of judges

Thursday, May 1st, 2008

Dubai, May 1: Leaders of Pakistan's month-old ruling alliance meeting in Dubai on Thursday narrowed differences over ...

Bravo credits Tendulkar for match winning knock

Thursday, May 1st, 2008

Mumbai, May 1: West Indies all-rounder Dwayne Bravo said he took inspiration from Sachin Tendulkar's pre-match pep ...

Oil down $3 as the dollar climbs

Thursday, May 1st, 2008

Last Updated: May 1, 2008: 11:27 AM EDT Fed might stop cuttingMore VideosNEW YORK?AP) -- Oil prices Thursday were $3 below Wednesday's settle price as the dollar strengthened against the euro despite a cut by the U.S. central bank in its key interest rate.Light, sweet crude for ...

TABLE-Dallas Fed March Trimmed mean PCE price index +2.4 pct

Thursday, May 1st, 2008

May 1 (Reuters) - Following is the Federal Reserve Bank ofDallas' trimmed mean PCE price index, with comparisons to thegovernment's PCE price indexes. All figures are at an annual rate and have been provided bythe Dallas Fed: ...