Archive for June 3rd, 2008
Tuesday, June 3rd, 2008
By Brad Dorfman CHICAGO (Reuters) - U.S. retailers are expected to post lackluster May sales this week, as consumers spent tax rebate checks on gas and food or used them to reduce debt, rather than buying discretionary items like clothes and jewelry. ...
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Tuesday, June 3rd, 2008
(Updates stock price, adds details) MEXICO CITY, June 3 (Reuters) - Banamex brokerage cut itsinvestment recommendation on Mexican retailer Soriana(SORIANAB.MX: Quote, Profile, Research) to "hold" from "buy" and increased its pricetarget to 44 pesos per share from 37.5 pesos. ...
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Tuesday, June 3rd, 2008
NEW YORK (Reuters) - Time Warner Cable Inc on Thursday will begin testing a service that charges consumers of high-speed Internet service based on their usage. Broadband subscribers in Beaumont, Texas, will be charged $1 per gigabyte above monthly allowances, a company spokesman ...
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Tuesday, June 3rd, 2008
MOSCOW, June 3 (Reuters) - Vimpelcom (VIP.N: Quote, Profile, Research), Russia'ssecond-biggest cellphone operator, said on Tuesday it had signeda deal to buy the remaining 49 percent of Internet providerCorbina it does not already own for around $404 million. Vimpelcom, majority owned ...
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Tuesday, June 3rd, 2008
DETROIT, June 3 (Reuters) - The Canadian Auto Workers unionsaid on Tuesday it will fight a decision by General Motors Corp(GM.N: Quote, Profile, Research) to close a truck plant in Ontario, threatening tocomplicate or stall cost-cutting moves by the U.S. automaker. ...
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Tuesday, June 3rd, 2008
By Marius Zaharia BUCHAREST, June 3 (Reuters) - Romania's top energy firmPetrom SNPP.BX, majority owned by Austria's OMV (OMVV.VI: Quote, Profile, Research),plans to more than double investments until 2010 to meetexpansion and modernisation goals, the company said on Tuesday. The ...
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Tuesday, June 3rd, 2008
(Adds details, background) LUXEMBOURG, June 3 (Reuters) - The European Union mayconsider allowing aid for troubled Alitalia (AZPIa.MI: Quote, Profile, Research) if it isaimed at privatising the Italian carrier, Italy's EconomyMinister Giulio Tremonti said on Tuesday. "Aid ...
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Tuesday, June 3rd, 2008
ISTANBUL, June 3 (Reuters) - Turkish construction-to-energycompany Enka Insaat ENKAI.IS posted on Tuesday a small drop inits consolidated first quarter net profit to 148.3 million lira($121 million). In the same period last year, net profit was 148.5 millionlira. ...
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Tuesday, June 3rd, 2008
ROME, June 3 (Reuters) - Italian Prime Minister SilvioBerlusconi said on Tuesday Alitalia (AZPIa.MI: Quote, Profile, Research) will needinternational partners and Air France-KLM (AIRF.PA: Quote, Profile, Research) would be agood option for the struggling Italian carrier. "I think Alitalia will need ...
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Tuesday, June 3rd, 2008
(adds McAuliffe, Clinton statement) WASHINGTON, June 3 (Reuters) - Hillary Clinton will say onTuesday night that her rival Barack Obama has enough delegatesto secure the U.S. Democratic Party presidential nomination,the Associated Press reported, but the Clinton campaign saidthat she would not ...
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