Archive for October 10th, 2008

UPDATE 1-Euronext says no temporary bourse closures planned

Friday, October 10th, 2008

(Updates with French regulator ruling out bourse closure) By Juliette Rouillon PARIS, Oct 10 (Reuters) - NYSE Euronext (NYX.PA: Quote, Profile, Research, Stock Buzz) said onFriday it does not plan any temporary closures of the Paris,Amsterdam, Brussels ...

UPDATE 1-SiRF says ITC to review finding in Broadcom patent case

Friday, October 10th, 2008

(Recasts; adds details, share movement) Oct 10 (Reuters) - Chipmaker SiRF Technology Holdings Inc(SIRF.O: Quote, Profile, Research, Stock Buzz) said the U.S. International Trade Commission willreview, in part, an initial finding by ITC administrative lawJudge that certain SiRF products infringed six ...

PREVIEW-Doctors, investors get latest data on heart devices

Friday, October 10th, 2008

*What: Transcatheter Cardiovascular Therapeutics meeting *When: Oct. 12-17 *Drug-eluting stents compared across patient groups *Update on heart valve trials scheduled By Debra Sherman CHICAGO, Oct ...

Darling of Argentine industry, autos see downturn

Friday, October 10th, 2008

By Hilary Burke BUENOS AIRES, Oct 10 (Reuters) - Argentina's flourishingautomotive sector is girding for a slowdown as fallout from theglobal credit crisis combines with high inflation and a localcurrency that is losing its competitive edge. Union ...

Swedish Academy worried by possible Nobel lit leak

Friday, October 10th, 2008

STOCKHOLM, Oct 10 (Reuters) - The Swedish Academy isconcerned its decision to award Jean-Marie Gustave Le Clezio theNobel Prize for Literature may have leaked ahead of theannouncement, a prominent member of the academy was quoted assaying on Friday. The academy's permanent ...

UPDATE 1-FX Energy gets $14 million more in loans

Friday, October 10th, 2008

(Recasts, adds details, share movement) Oct 10 (Reuters) - Oil and gas producer FX Energy Inc(FXEN.O: Quote, Profile, Research, Stock Buzz) said it borrowed $14 million more from its seniorcredit facility and now has $24 million in liquid assets,sending its shares ...

UPDATE 1-Toronto stock index sinks as oil drops

Friday, October 10th, 2008

*Energy shares drop as oil falls to $82 on recession fears *Huge Sept. job creation shrugged off *Ottawa's C$25 bln mortgage plan also dismissed (Adds details) TORONTO, Oct 10 ...

UPDATE 1-RESEARCH ALERT-BMO cuts CDI Corp price target

Friday, October 10th, 2008

(Adds details, share movement) Oct 10 (Reuters) -BMO Capital Markets cut its price targeton professional staffing and outsourcing company CDI Corp(CDI.N: Quote, Profile, Research, Stock Buzz) to $13 from $22, citing weaker-than-expectedthird-quarter outlook, sending its shares down 12 percent a14-year low. ...

EU ministers solve energy liberalisation stand-off

Friday, October 10th, 2008

By Pete Harrison LUXEMBOURG, Oct 10 (Reuters) - European energy ministerscleared up final disagreements about liberalising energy marketson Friday, agreeing measures to prevent giant utilities fromunfairly dominating the market. The Netherlands, Spain and Portugal partly succeeded inintroducing ...

Bankers to cover part of Hindalco issue-sources

Friday, October 10th, 2008

MUMBAI, Oct 10 (Reuters) - Close to 30 percent of a $1billion rights issue by India's Hindalco Industries (HALC.BO: Quote, Profile, Research, Stock Buzz)will be covered by underwriters after falls in stock pricesdamaged investor interest, three bankers with knowledge of thedeal said on Friday. ...