Archive for August 15th, 2008
Friday, August 15th, 2008
CHICAGO, Aug 15 (Reuters) - BB&T Capital Markets on Fridaysaid it initiated coverage of U.S. meat producer Tyson FoodsInc (TSN.N: Quote, Profile, Research, Stock Buzz) with a "buy" rating and a 12-month share pricetarget of $22. In a note, BB&T analyst ...
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Friday, August 15th, 2008
SAO PAULO, Aug 15 (Reuters) - Brazil's stocks fell onFriday as a slump in oil and metals prices weighed on shares ofstate-controlled Petrobras and mining company Vale, while thenational currency weakened on investment outflows. The Bovespa index .BVSP of the Sao ...
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Friday, August 15th, 2008
(Recasts; adds details, share movement) Aug 15 (Reuters) - Ladenburg Thalmann's Richard Bove cuthis 2008 to 2010 profit estimate on Wells Fargo & Co (WFC.N: Quote, Profile, Research, Stock Buzz),citing higher-than-expected loan losses. In a note to ...
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Friday, August 15th, 2008
(Reuters) - New York Attorney General Andrew Cuomo says Merrill Lynch will be receiving a letter today saying his office is preparing to commence legal action. * NY AG Cuomo says litigation against Merrill Lynch is "imminent" * Spokesman declines ...
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Friday, August 15th, 2008
(Recasts, adds quote, debt prices and background) MEXICO CITY, Aug 15 (Reuters) - Mexico's peso weakenedsharply and debt prices rose after the central bank tightenedborrowing costs, as expected, on Friday, but investors bet thiscould be the last interest rate hike of ...
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Friday, August 15th, 2008
(Recasts, adds details on value, context) SAO PAULO, Aug 15 (Reuters) - Brazilian aircraft manufacturerEmbraer (EMBR3.SA: Quote, Profile, Research, Stock Buzz)(ERJ.N: Quote, Profile, Research, Stock Buzz) said on Friday it sold 12 Super Tucanoplanes to the Chilean Air Force, making Chile ...
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Friday, August 15th, 2008
(In U.S. dollars unless noted) TORONTO, Aug 15 (Reuters) - Canadian National Railway Co(CNR.TO: Quote, Profile, Research, Stock Buzz) said on Friday it asked the U.S. SurfaceTransportation Board to take a new approach to its proposedtakeover of Elgin, Joliet & Eastern ...
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Friday, August 15th, 2008
* Dollar rally sends global commodities lower * Oil drops, brightens corporate profit outlook * Consumer-related stocks advance, energy shares drop * Lehman rises on news of Soros stake ...
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Friday, August 15th, 2008
(Adds stock rise, call, analyst comment) NEW YORK, Aug 15 (Reuters) - J.C. Penney Co Inc (JCP.N: Quote, Profile, Research, Stock Buzz)posted a quarterly profit on Friday that beat Wall Streetexpectations as strong inventory controls offset weakerconsumer spending, pushing its shares ...
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Friday, August 15th, 2008
WASHINGTON, Aug 15 (Reuters) - Wachovia Corp (WB.N: Quote, Profile, Research, Stock Buzz) hasagreed to a preliminary settlement that could give about $9billion to individual investors, small businesses and charitieswho bought auction rate securities through the company, theU.S. Securities and Exchange Commission said on Friday. ...
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