Archive for July 3rd, 2008

UPDATE 5-ECB raises rates, Trichet open on future moves

Thursday, July 3rd, 2008

* ECB raises rates by 25 bps to 4.25 pct, as expected * Trichet says no policy bias, new interest rates contribute toprice stability * Euro weakens versus dollar, short-dated Bund prices surgeafter Trichet perceived as dovish ...

UPDATE 1-Acme Packet gives weak Q2 profit view; shares sink

Thursday, July 3rd, 2008

(Recasts; adds details, share movement) July 3 (Reuters) - Acme Packet Inc (APKT.O: Quote, Profile, Research, Stock Buzz), a provider ofcommunications and data services, forecast second-quarterearnings below market expectations due to a delay in closing ofsome transactions, sending its shares down ...

UPDATE 2-Vale sees global share offering July 4 or later

Thursday, July 3rd, 2008

(Adds analyst, background, updates share price) RIO DE JANEIRO, July 3 (Reuters) - Brazil's mining giantVale (VALE5.SA: Quote, Profile, Research, Stock Buzz)(RIO.N: Quote, Profile, Research, Stock Buzz) said on Thursday its previouslyannounced share offering of up to $15 billion should take ...

Rogers CEO to get award, but customers not cheering

Thursday, July 3rd, 2008

By Wojtek Dabrowski TORONTO, July 3 (Reuters) - Ted Rogers, chief executive ofCanadian cable and telecom giant Rogers Communications Inc(RCIb.TO: Quote, Profile, Research, Stock Buzz), was named to a prestigious lifetime achievementaward on Thursday, but some of his customers weren't cheering. ...

NYMEX crude off record high in pre-holiday trade

Thursday, July 3rd, 2008

* Dollar extends gains on jobs data, ECB remarks * Focus on Morgan Stanley call for $150 oil, issued June 6 * Tropical Storm Bertha forms in far eastern Atlantic NEW YORK, July ...

UPDATE 4-Chile June inflation at 17-yr high, rate hike seen

Thursday, July 3rd, 2008

* Chile June inflation hits 17-year high * Inflation data boosts rate hike expectations * Chile stocks fall sharply on data, peso firms (Updates with quotes from a Chilean mother) By Antonio de ...

TABLE-June Global All-Industry output index falls to 49.5

Thursday, July 3rd, 2008

July 3 (Reuters) - Following are details of the JP MorganGlobal All-Industry Output Index for June, which combines dataon the manufacturing and services sector, and the GlobalServices Purchasing Managers' Index. GLOBAL ALL-INDUSTRY OUTPUT INDEX ...

Bush and Paulson boxed in corner on dollar mantra

Thursday, July 3rd, 2008

By David Lawder - Analysis LONDON (Reuters) - Bush administration officials are increasingly finding themselves having to defend U.S. economic policies to foreign leaders who are battling inflation and pointing fingers at the weak dollar. U.S. Treasury Secretary Henry Paulson's ...

IOA’s bid for 2020 Olympics on right track: Kalmadi

Thursday, July 3rd, 2008

Rating:  0 Thursday , July 03, 2008 at 1929 hrs The Indian Olympic Association (IOA)'s ...

Kalam says N-deal is good, so does Amar & Mulayam

Thursday, July 3rd, 2008

Rating:  0 Thursday , July 03, 2008 at 1915 hrs Former President and scientist A ...