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Archive June/2008


Bernstein Upgrades AT&T; Shares Rise

(Reuters) - Sanford C. Bernstein boosted its rating on AT&T Inc <T.N> to "outperform" from "market-perform," noting the recent weakness in the top U.S. phone company's shares provided an attractive

June 27th, 2008 | Categories: Investment

MasterCard Settles Lawsuit With American Express

NEW YORK (Reuters) - MasterCard Inc, the world's second-largest credit-card network, said on Wednesday it will pay American Express Co <AXP.N> up to $1.8 billion to settle a lawsuit that

June 27th, 2008 | Categories: Investment

Qatar in Talks on LSE, German Bourse Partnerships: TV

DUBAI (Reuters) - Qatar, which on Tuesday agreed to sell 25 percent of its stock market to NYSE Euronext <NYX.N>, is in talks with London and German stock exchanges about

June 27th, 2008 | Categories: Investment

TNK-BP Russian Partners Threaten More Legal Action

LONDON (Reuters) - The Russian shareholders in TNK-BP have threatened legal action in Russia and internationally in their dispute with British oil major BP Plc <BP.L> and said labor union

June 27th, 2008 | Categories: Investment

India, China Sees Highest Jump in Millionaires: Survey

SINGAPORE (Reuters) - India and China saw bigger growth in the millionaire population last year than anywhere else, and wealth in the Asia-Pacific is expected to grow nearly 8 percent

June 27th, 2008 | Categories: Investment

WaMu May Avoid More Capital Raise: Bove

(Reuters) - Washington Mutual Inc <WM.N> may be able to withstand estimated losses of $36 billion and remain in business, and avoid an additional capital raise, said Ladenburg Thalmann analyst

June 27th, 2008 | Categories: Investment

Nokia Plays Catch Up in Japan Cellphone Market

TOKYO (Reuters) - Nokia Corp <NOK1V.HE> will add public wireless LAN access to its handsets in Japan in a bid to keep pace with smaller Japanese rivals that already provide

June 27th, 2008 | Categories: Investment

Charter Suspends Ad Program Over Privacy Fears

NEW YORK (Reuters) - U.S. cable television operator Charter Communications <CHTR.O> is suspending a program that would offer advertisers ways to target pitches at people based on what they search

June 27th, 2008 | Categories: Investment

Hilton to Add 300 Hotels in Asia Over Decade: Report

NEW YORK (Reuters) - Hilton Hotels Corp wants to add 300 hotels to the 47 it operates in Asia in the next decade in a bid to match its rivals

June 27th, 2008 | Categories: Investment

Nissan: Industrywide U.S. Sales to Be Below 15 Million

YOKOHAMA, Japan (Reuters) - Nissan Motor Co <7201.T> Chief Executive Carlos Ghosn said industrywide sales in the United States could fall well below 15 million vehicles this year as high

June 27th, 2008 | Categories: Investment

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