Archive for March 27th, 2008
Thursday, March 27th, 2008
David Jones Ltd, Australia's second-largest department store chain, said first-half profit rose 25 percent on Christmas demand for clothing and cosmetics.
Net income was A$89 million ($82 million) in the half ended Jan 26 from A$71.1 mil ...
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Thursday, March 27th, 2008
Motorola Inc plans to split into two companies next year amid pressure from billionaire investor Carl Icahn to break off the money-losing mobile-phone business, exiting a market it created 25 years ago.
One company will focus on handsets ...
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Thursday, March 27th, 2008
Virtual beer and vampires may no longer be enough to keep members of social networks like Facebook and News Corp's MySpace riveted to their computers.
Instead, the key to the future of these websites may lie in more practical functions, ...
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Thursday, March 27th, 2008
Legendary oil investor T. Boone Pickens, who made more than $1 billion in 2006 by betting on rising oil prices, said he expects oil prices will hold near or above $100 a barrel for the rest of this year.
He added that he made "a mistake" ...
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Thursday, March 27th, 2008
Deutsche Bank AG, Germany's biggest bank, said the US subprime collapse and slowing economic growth will make it harder to reach a full-year profit goal.
Deutsche Bank fell as much as 2.9 percent in Frankfurt trading after it said possib ...
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Thursday, March 27th, 2008
The United Kingdom's financial services regulator admitted yesterday that it had done a poor job of supervising Northern Rock, the mortgage lender which became the UK's most prominent victim of the subprime mortgage crisis.
Northern Rock ...
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Thursday, March 27th, 2008
Four soldiers were injured when insurgents detonated a bomb to ambush them on a road in Thailand's southern border province of Pattani Thursday morning.
The explosion occurred at 10 a.m. (0300 GMT) on the Yabi -- Yarang Road in Nong ...
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Thursday, March 27th, 2008
The UN Office of the Resident and Humanitarian Coordinator for Sudan (UNHC) condemned on Thursday attacks against humanitarian workers in the conflict-torn western Sudanese region of Darfur.
In a statement issued in Khartoum, the UN ...
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