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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.
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.
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.
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.
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.
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.
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 ...
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.
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.
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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