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EARNINGS PREVIEW: Philips To Post 2Q Loss, Increase Savings

Published July 10, 2009, 4:54 am, Nasdaq

AMSTERDAM -(Dow Jones)- Royal Philips Electronics NV (PHG) is expected to post its third consecutive quarterly loss when it releases second quarter earnings Monday, and to increase cost cutting measures as falling sales and weaker prices continue to squeeze margins.

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India's Infosys says quarterly profit up 1.6 pct

Published July 10, 2009, 4:53 am, Seattle Times

Indian outsourcing bellwether Infosys Technologies Ltd. reported a slight rise in quarterly profit in dollar terms but warned of a steep drop in revenue as its global clients struggle to cope with the economic slowdown.

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Stabbing called self-defense

Published July 10, 2009, 4:45 am, Honolulu Star-Bulletin

Melchor Adviento stabbed his wife at least 16 times on her head, arm, shoulder, leg and torso in self-defense, his lawyer told a state jury yesterday.

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Things to do in your area

Published July 10, 2009, 4:45 am, The Progress

EVENTS Hospice Thrift Shop at 160 Roseland Ave., Caldwell will be open noon to 4 p.m. Mondays, 10 a.m. to 4 p.m. Wednesdays and Fridays and 10 a.m.; closed Saturdays in July and August. Call (973) 228-5164.

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European stocks down ahead of expected US retreat

Published July 10, 2009, 4:42 am, AP via Yahoo! News

European stock markets fell Friday ahead of an expected retreat on Wall Street as investors await more direction from the U.S. second-quarter earnings reporting season.

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India's Infosys says quarterly profit up 1.6 pct

Published July 10, 2009, 4:38 am, AP via Yahoo! Finance

Indian outsourcing bellwether Infosys Technologies Ltd. reported a slight rise in quarterly profit and warned of a steep drop in revenue as its global clients struggle to cope with the economic slowdown.

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Roanoke Valley goes 1-2 on day one

Published July 10, 2009, 4:37 am, Roanoke Rapids Daily Herald

U12s WILLIAMSTON — The Roanoke Valley U12 All-Stars picked up right where they left off during the district tournament, by opening the state tournament with a, 10-0, victory over Swansboro. The Roanoke Valley squad started out big, picking up two runs apiece in the first and second innings and really caught fire in the third, exploding for five runs in the inning. Roanoke Valley added one more ...

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Berita-berita Lain

Published July 10, 2009, 4:37 am, Bernama

BEIJING, July 10 (Bernama) -- Chinese Premier Wen Jiabao said Friday that industrial consolidation, greater household consumption, technical innovation and energy efficiency would pave the way for the country's long-term development, China's Xinhua news agency reported.

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Woman wounded in crossfire

Published July 10, 2009, 4:36 am, CNews

A 45-year-old woman driving her car was shot in a suspected ambush -- apparently after she was caught in an exchange of gunfire between her passenger and a gunman in another car in north Etobicoke.

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Filings keep falling

Published July 10, 2009, 4:35 am, Florida Today

The number of new foreclosure filings in Brevard County dropped slightly in June, the third consecutive monthly decline. A preliminary report from Clerk of Courts office shows 746 new foreclosure suits were filed here last month. That is down from 770 in May, 851 in April and a record 963 in March.

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