Archive for August, 2008

Price cuts increase appeal of drug-coated stents

Sunday, August 31st, 2008

By Ben Hirschler MUNICH, Aug 31 (Reuters) - Drug-coated stents, sales ofwhich tumbled two years ago on safety concerns, are becoming amore attractive prospect again -- helped, in part, by lowerprices. "A positive effect of this saga ...

Former EADS chief Camus tipped for Alcatel -report

Sunday, August 31st, 2008

PARIS, Aug 31 (Reuters) - A former top executive at Airbusparent EADS (EAD.PA: Quote, Profile, Research, Stock Buzz), Philippe Camus, is a leading candidate toreplace Serge Tchuruk as non-executive chairman of AlcatelLucent (ALUA.PA: Quote, Profile, Research, Stock Buzz), Journal du Dimanche reported on Sunday. ...

WRAPUP 1-Gustav forces Bush, Cheney to miss Republican bash

Sunday, August 31st, 2008

* Bush, Cheney to miss Republican convention * McCain, Palin visit Mississippi before Gustav * Gustav heads for New Orleans, Gulf oil fields * McCain defends Palin's foreign policy experience ...

Allianz and Commerzbank poised for Dresdner deal

Sunday, August 31st, 2008

By John O'Donnell FRANKFURT (Reuters) - Management at Allianz SE (ALVG.DE: Quote, Profile, Research, Stock Buzz) and Commerzbank AG (CBKG.DE: Quote, Profile, Research, Stock Buzz) sought approval from their supervisory boards on Sunday to sell control of the insurer's Dresdner Bank to Commerzbank. ...

September test for stocks

Sunday, August 31st, 2008

By Jeremy Gaunt, European Investment Correspondent LONDON (Reuters) - September is when many major investors are back from their summer break, so this week will be the first test of whether they are ready to jump into battered equity markets to salvage a ...

GLOBAL MARKETS WEEKAHEAD-September test for stocks

Sunday, August 31st, 2008

By Jeremy Gaunt, European Investment Correspondent LONDON, Aug 31 (Reuters) - September is when many majorinvestors are back from their summer break, so this week will bethe first test of whether they are ready to jump into batteredequity markets to salvage ...

Singur will unleash fear in investors: Murthy

Sunday, August 31st, 2008

Rating:  0 Software icon N R Narayana Murthy warned the deadlock in Singur over Tata's Nano plant following agitations ...

Exxon says 28,000 bpd oil, 180 mmcfd gas shut in Gulf

Sunday, August 31st, 2008

HOUSTON (Reuters) - Exxon Mobil Corp (XOM.N: Quote, Profile, Research, Stock Buzz) said 28,000 barrels per day in oil production and 180 million cubic feet per day in natural gas output were shut on Sunday due to Hurricane Gustav. (Reporting by Erwin Seba; ...

TABLE-Israel’s Delek Group Q2 net profit drops

Sunday, August 31st, 2008

Aug 31 (Reuters) - Israeli energy, automotive and realestate firm Delek Group (DELKG.TA: Quote, Profile, Research, Stock Buzz) reported the followingresults to the Tel Aviv Stock Exchange on Sunday. ...

Africa Israel agrees to sell New York property stakes

Sunday, August 31st, 2008

JERUSALEM, Aug 31 (Reuters) - Africa Israel Investments(AFIL01.TA: Quote, Profile, Research, Stock Buzz) said on Sunday it had signed an agreement inprinciple to sell rights to a number of its properties in NewYork to an Asian investment fund. It said in ...