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Archive June/2008


15 Companies Seen Set to Gain From Obesity Boom

NEW YORK (Reuters) - Merck & Co <MRK.N>, Nike Inc <NKE.N> and General Mills Inc <GIS.N> are among 15 health-care and consumer products companies best positioned to profit from an

June 27th, 2008 | Categories: Investment

Oracle Shares Fall on Concerns Over Outlook

BOSTON (Reuters) - Oracle Corp <ORCL.O> shares fell as much as 4 percent on Thursday on concerns that the company's growth was slowing after the software maker issued a sales

June 27th, 2008 | Categories: Investment

Gates Leaves Microsoft to Focus on Philanthropy

SEATTLE (Reuters) - Sensing the start of a personal computer revolution, Bill Gates dropped out of Harvard University in 1975 to start Microsoft Corp and pursue a vision of a

June 27th, 2008 | Categories: Investment

First-quarter GDP Growth Revised Up to +1.0 Percent

WASHINGTON (Reuters) - Sales of previously owned U.S. homes rose in May and the glut of homes for sale shrank, but prices were off sharply from a year ago, suggesting

June 27th, 2008 | Categories: Investment

Regulator OKs Basel II Plan For Smaller Banks

WASHINGTON (Reuters) - The majority of U.S. banks would have the option to adopt alternative risk-based capital adequacy rules based on the Basel II agreement, under a proposal agreed to

June 27th, 2008 | Categories: Investment

Goldman Cuts General Motors, Other Auto and Parts Companies

(Reuters) - Goldman Sachs downgraded General Motors Corp <GM.N> to "sell" from "neutral," and added the stock to its "Americas Sell List," saying the main risks for the automaker included

June 27th, 2008 | Categories: Investment

EADS Confident on U.S. Tanker Offer

SEVILLE, Spain (Reuters) - The head of European aerospace group EADS <EAD.PA> said on Thursday he was committed to sustaining a deal to supply mid-air tankers to the U.S. Air

June 27th, 2008 | Categories: Investment

LSE and Lehman Unveil European Trading Platform

LONDON (Reuters) - The London Stock Exchange <LSE.L> plans to set up a pan-European, off-bourse trading platform with Lehman Brothers <LEH.N>, the groups said, to fend off start-up rivals hurting

June 27th, 2008 | Categories: Investment

Citigroup May Write Down $9 Billion in Q2: Goldman Sachs

BANGALORE (Reuters) - Citigroup Inc <C.N> shares fell to their lowest level in nearly a decade after a Goldman Sachs & Co analyst said investors should sell the largest U.S.

June 27th, 2008 | Categories: Investment

Sweet Deal: Companies and U.S. Team Up to Map Cocoa DNA

WASHINGTON (Reuters) - Chocolate maker Mars Inc, computer giant IBM <IBM.N> and the U.S. Department of Agriculture said on Thursday they would team up to map the DNA of the

June 27th, 2008 | Categories: Investment

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