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Oil wavers around US$60 as consumers scale back
Published July 9, 2009, 4:40 pm, The Star
NEW YORK: Oil prices wavered around US$60 per barrel Thursday with new consumer and employment data casting a pall over energy markets, but still rose slightly at the close for the first time in more than a week.
GBH major shareholder Tan seeks greater control
Published July 9, 2009, 4:39 pm, The Star
PETALING JAYA: Goh Ban Huat Bhd (GBH) substantial shareholder and director Tan Sri Robert Tan Hua Choon wants greater management control and participation in the group’s operations with a view to preserving and protecting shareholders’ value as well as enhancing future value following eight years of losses out of nine.
Ringgit weakens against US$
Published July 9, 2009, 4:39 pm, The Star
PETALING JAYA: The ringgit weakened to a 2½-month low against the US dollar yesterday after the release of factory output for May, which fell 11.1% year-on-year, and indication from Bank Negara on Wednesday that it does not rule out the possibility of further rate cuts given the uncertainties in the global economy.
Merck, Portola in $470M deal for anticlotting drug
Published July 9, 2009, 4:37 pm, Burlington County Times
Merck & Co. and Portola Pharmaceuticals Inc. said Thursday they have signed an exclusive deal to develop and market an experimental drug to prevent strokes in people with a dangerous irregular heart rhythm.
Sell Defense Stocks
Published July 9, 2009, 4:33 pm, Forbes
Obama prefers cereal to guns, so get out of defense contractor stocks.
FDIC Said to be Unwilling to Back CIT Debt on Risk (Update1)
Published July 9, 2009, 4:33 pm, Bloomberg
July 9 (Bloomberg) -- The Federal Deposit Insurance Corp. is unwilling to give CIT Group Inc. access to its Temporary Liquidity Guarantee Program because the commercial lender’s credit quality is deteriorating, according to people familiar with the regulator’s thinking.
Shaw Cuts 2009 Forecast After Quarterly Profit Falls (Update2)
Published July 9, 2009, 4:29 pm, Bloomberg
July 9 (Bloomberg) -- Shaw Group Inc. , the Baton Rouge, Louisiana-based builder of power plants, said 2009 profit will be lower than projected after third-quarter profit fell 85 percent.
CA-BUSINESS Summary
Published July 9, 2009, 4:26 pm, The Globe and Mail
TORONTO (Reuters)- Toronto's main stock index snapped a three-session skid on Thursday, finishing more than 1 percent higher as a rise in commodity prices gave a boost to the resource-heavy market.
GENERAL: NAB: National Australia Bank Limited - 2009 Diary Dates
Published July 9, 2009, 4:18 pm, ShareChat
Don't know the stock code? Search by keyword: “OK, it has been a tough couple of years for New Zealand’s central bankers but, according to the Reserve Bank’s latest ‘Statement of intent‘ released this week, the country has at least “been spared the necessity of zero interest rates, massive capital injections to shore up banks and companies, and unorthodox quantitative easing measures that [...]
eDiets.com(R) Receives NASDAQ Notice of Non-Compliance
Published July 9, 2009, 4:14 pm, redOrbit
FORT LAUDERDALE, Fla., July 9 /PRNewswire-FirstCall/ --eDiets.com, Inc.
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