Archive for the November 1, 2005
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Japanese compact car maker Suzuki Motor Corp posted a stronger-than-expected 5.1 percent rise in quarterly operating profit on Monday and lifted its full-year forecasts to account for a favourable weakening in the yen. For the
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Japan's Pioneer Corp said on Monday it has halted two plasma display production lines, or 15 percent of its output capacity, and cut its plasma display shipment forecast for this business year by 20 percent.
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The No 3 US mobile service Sprint Nextel Corp on Monday introduced a wireless music download service using phones from Samsung Electronics Co Ltd and Sanyo Electric Co. Sprint Nextel also said it expects a
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AOL founder Steve Case on Monday said he has resigned from the board of Time Warner Inc, ending a storied chapter in the history of the world's largest media company. Case, who stepped down as
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Drugmaker Novartis has agreed to buy the remainder of US vaccine maker Chiron Corp that it does not already own for $5.1 billion, or about $600 million more than an original bid rejected as inadequate.
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The NASD on Monday said it ordered four firms to pay $7.9 million for charging excessive mark-ups or mark-downs on junk bond trades, and expelled one of the firms from the securities industry. SG Americas
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The NASD on Monday said it ordered four firms to pay $7.9 million for charging excessive mark-ups or mark-downs on junk bond trades, and expelled one of the firms from the securities industry. SG Americas
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US fund managers slightly raised their holdings of bonds and cash from equities in October amid uncertainty about US growth, but still maintained a high exposure to stocks on the back of strong earnings, a
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US fund managers slightly raised their holdings of bonds and cash from equities in October amid uncertainty about US growth, but still maintained a high exposure to stocks on the back of strong earnings, a
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Investors trimmed stocks in October and generally tucked into safer cash as concerns over slowing economic growth and rising interest rates undermined risk appetite, Reuters polls showed on Monday. US and continental investors also sharply
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