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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Irish Sun.com http://www.irishsun.com/index.php/ct/10/id/3a8a80d6f705f8cc/ en-us Thu, 07 Aug 2008 19:19:02 -0400 Thu, 07 Aug 2008 19:19:02 -0400 30 Major falls on Wall Street U.S. stocks have fallen sharply on Thursday, two days after a major rebound. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391554/cs/1/ Thu, 07 Aug 2008 15:45:42 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391554/cs/1/ Delta gets takeover green light from EU regulators EU regulators have approved a bid by US airline Delta for its smaller rival Northwest. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391244/cs/1/ Thu, 07 Aug 2008 04:45:20 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391244/cs/1/ Pipe flow cut by explosion Oil flow through the Baku-Tbilisi-Ceyhan pipeline was cut Wednesday after an explosion sparked a fire in a pipe section in eastern Turkey. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391243/cs/1/ Thu, 07 Aug 2008 04:43:49 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391243/cs/1/ Barclays Bank reports disappointing profit Barclays, the UK bank, has reported a 33% drop in pre-tax profits for the first half of 2008. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391242/cs/1/ Thu, 07 Aug 2008 04:42:11 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391242/cs/1/ Cirque du Soleil introduces permanent entertainment in Dubai Istithmar World, the investment arm of Dubai World, and real estate developer Nakheel have purchased a 20 percent stake in Cirque du Soleil. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391241/cs/1/ Thu, 07 Aug 2008 04:41:02 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391241/cs/1/ IMF cuts growth forecast for UK The International Monetary Fund has cut its forecast for UK economic growth over the next two years. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391129/cs/1/ Wed, 06 Aug 2008 21:03:48 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391129/cs/1/ US Post Office sees dip in revenue The US Postal Service has reported a loss of more than a billion dollars for the third quarter of the fiscal year. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391128/cs/1/ Wed, 06 Aug 2008 21:02:18 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391128/cs/1/ Pentagon offers new conditions for aircraft bid The Pentagon has presented Northrop Grumman and Boeing with revised terms for a 35-billion dollar contract. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391127/cs/1/ Wed, 06 Aug 2008 21:00:47 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391127/cs/1/ Bribery scandal may never reach French court A preliminary investigation into what has been called the biggest bribery scandal in French history is likely to be stopped. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391126/cs/1/ Wed, 06 Aug 2008 20:58:24 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391126/cs/1/ Corporate fraud brings long sentences A US federal judge has handed down the first sentences to defendants convicted in a US$1.9 billion corporate fraud case. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391125/cs/1/ Wed, 06 Aug 2008 20:56:43 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391125/cs/1/ Microsoft announces business availability of SQL server 2008 New Delhi, Aug 7 (ANI/Business Wire India): Microsoft Corporation India Private Limited today announced the Release to Manufacture (RTM) of SQL Server 2008 - the latest version of its acclaimed database management offering. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391307/cs/1/ Thu, 07 Aug 2008 06:00:57 -0400 Irish Sun.com http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/391307/cs/1/ Jobless claims highest since SIX-YEAR HIGH – New filings for unemployment benefits hit 455,000, the highest in more than six years. WHY? – Businesses are hunkering down to weather the housing slump, credit crisis a... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736831/ Thu, 07 Aug 2008 17:00:58 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736831/ Toyota 1Q profit falls on US weakness, strong yen In this July 27, 2008 file photo, unsold 4Runners sit at a Toyota dealership in the southeast Denver suburb of Centennial, Colo. Toyota's fiscal first-quarter profit plunged 28 percent from the previo... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738977/ Thu, 07 Aug 2008 17:30:15 -0400 Seattle Post-Intelligencer http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738977/ Mortgage rates are mixed bag WASHINGTON – Rates on 30-year mortgages didn't budge this week, while rates on other home loans were a mixed bag. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16737396/ Thu, 07 Aug 2008 17:01:10 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16737396/ Warner Music narrows loss in 3Q NEW YORK – Warner Music Group Corp., whose artists include Katy Perry and Madonna, beat Wall Street expectations Thursday after reporting narrowed losses in the third quarter as growth in Europe... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736642/ Thu, 07 Aug 2008 17:01:04 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736642/ Toyota takes a bump in sluggish motor market Toyota: saw sales rise but income fall. Photograph: Graham Turner Toyota's powerful surge to the top of the global automotive industry rankings has come to a halt with an announcement today that net... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739548/ Thu, 07 Aug 2008 16:43:11 -0400 Guardian http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739548/ EPA denies Texas governor By BETSY BLANEYASSOCIATED PRESS WRITER LUBBOCK, Texas -- The Environmental Protection Agency on Thursday denied a request from Texas Gov. Rick Perry to cut the federal ethanol mandate in half for a... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738978/ Thu, 07 Aug 2008 17:30:17 -0400 Seattle Post-Intelligencer http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738978/ Clearwire posts wider loss, revenue rises The company, founded by wireless pioneer Craig McCaw, said on Thursday that it had a second-quarter loss of $199.1 million, or $1.21 per share compared with a loss of $118.1 million, or 72 cents per s... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741052/ Thu, 07 Aug 2008 16:25:19 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741052/ Con Edison, Inc. Reports 2008 Second Quarter Earnings ED ) today reported 2008 second quarter earnings of $552 million or $2.02 a share compared with $154 million or $0.58 a share in 2007. Excluding items discussed in the table below, earnings from ong... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736596/ Thu, 07 Aug 2008 16:37:52 -0400 Market Wire http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736596/ Horse racing betting falls behind roulette machines as Ladbrokes A roulette machine in a William Hill betting shop. Photograph: Linda Nylind Takings from touch-screen roulette machines in Ladbrokes' betting shops have edged ahead of earnings from traditional hors... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739549/ Thu, 07 Aug 2008 16:43:08 -0400 Guardian http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739549/ Footwear maker Crocs under pressure after results ) fell 8.1% to $3.99. The company, best known for its brightly colored sandals, said second-quarter net income fell to $2.1 million, or 3 cents a share, from $48.5 million or 58 cents a share last y... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740187/ Thu, 07 Aug 2008 17:23:37 -0400 MarketWatch http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740187/ U.S. appeals court reinstates claims vs AT&T unit LOS ANGELES – A California appeals court Thursday reinstated a class action lawsuit against AT&T Inc's Cingular Wireless, brought by consumers who said the mobile carrier had illegally passe... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739973/ Thu, 07 Aug 2008 17:01:05 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739973/ Mortgage Bond Market Worries About Buyers Strike In Asia mortgage bond market may turn into a protracted buyers' strike. To be sure, trading volumes in summer tend to be light, but lack of buying from these investors as well as http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736331/ Thu, 07 Aug 2008 16:22:40 -0400 Morning Star http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736331/ Citigroup Agrees In Principle To Settlement of auction-rate securities it sold to individual investors, small businesses and charities under an agreement in principle unveiled Thursday by federal and state regulators. The settlement agreement... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736583/ Thu, 07 Aug 2008 16:22:25 -0400 Morning Star http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736583/ Cubic Corp. Reports Earnings for the Quarter Ended June 30, 2008 CUB ) today reported earnings for the third quarter ended June 30, 2008. Earnings were $8.5 million in the third quarter ($.32 per share) versus $11.2 million last year, while for the nine-month pe... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736599/ Thu, 07 Aug 2008 16:38:00 -0400 Market Wire http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736599/ Wall Street Wants Your Pension, Too The folks who brought you the mortgage mess and the ensuing hedge fund blowups, busted buyouts, and credit market gridlock have another bold idea: buying up and running troubled corporate pension plan... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736627/ Thu, 07 Aug 2008 16:35:02 -0400 Business Week http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736627/ U.S. Stocks Drop On AIG, Wal-Mart; Off Lows Following Data same-store sales are a disappointment, which is raising some concerns about the consumer's health," said Marc Pado, U.S. market strategist at Cantor Fitzgerald. The major stock indexes pared their... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736605/ Thu, 07 Aug 2008 16:21:26 -0400 Morning Star http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736605/ Microsoft promises 12 patches next week Microsoft Corp. today said it will deliver a dozen security updates next week to fix critical vulnerabilities in Windows, Office, Internet Explorer (IE) and the media player bundled with http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736607/ Thu, 07 Aug 2008 17:21:59 -0400 Computerworld http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736607/ FTC antitrust chief leaving for law firm WASHINGTON (Reuters) - The antitrust chief at the U.S. Federal Trade Commission is leaving after a 2-1/2 year period that saw the agency open a formal investigation into Intel Corp (INTC.O: http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741057/ Thu, 07 Aug 2008 16:25:18 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741057/ Citigroup to buy back 7.5 bln dlrs of tainted securities tainted securities it marketed to tens of thousands of investors, US regulators announced Thursday.The vast buyback forms part of a preliminary settlement Citgroup has reached with the http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736592/ Thu, 07 Aug 2008 17:23:27 -0400 Yahoo!7 News http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736592/ Lexus retains title of most dependable car Broken out by segment, Lexus took top honors in six categories for its IS 300, ES 300 and LS 300 sedans, the SC 430 coupe, and the GX 470 and LX 470 utility vehicles. Toyota led four categories and ti... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738991/ Thu, 07 Aug 2008 17:29:14 -0400 MSNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738991/ Citigroup to return $7 billion to auction-rate investors agreed to buy back more than $7 billion of illiquid auction-rate securities and pay a $100 million civil fine to settle charges it fraudulently misled investors about the debt's risk."> http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736595/ Thu, 07 Aug 2008 17:32:57 -0400 Earth Times http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736595/ Retailers report mixed sales results in July NEW YORK – The outlook for the back-to-school shopping season seemed grim Thursday, as retailers' July sales reports showed an increasing shift toward buying necessities like food and household ... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739970/ Thu, 07 Aug 2008 17:00:56 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739970/ US stocks nosedive on higher oil US stocks ended a two-day rally with a nosedive today as higher oil prices and an unexpected rise in jobless claims coupled with fresh financial trouble at Citigroup. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736622/ Thu, 07 Aug 2008 16:58:23 -0400 The Daily Telegraph http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736622/ Consumer credit rose $14.33 bln in June WASHINGTON (Reuters) - U.S. consumer credit expanded at the fastest rate in seven months in June as Americans turned to credit cards and consumer loans to maintain spending in the face of rising food ... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741053/ Thu, 07 Aug 2008 16:25:21 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741053/ AOL Weighs on Time Warner; Earnings Fall 26% Second-quarter earnings at the media conglomerate Time Warner fell 26 percent on declining subscriber fees at its AOL online unit and lower ad revenue at the Time publishing business, the company said... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736586/ Thu, 07 Aug 2008 16:42:42 -0400 Gadsden Times http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736586/ PharMerica Reports Results for the Second Quarter 2008 and for the... PMC , a national provider of institutional pharmacy and hospital pharmacy management services, today reported the results of its second quarter and six months ended June 30, 2008. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740322/ Thu, 07 Aug 2008 16:21:05 -0400 CNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740322/ Citigroup to pay out billions in bond scandal New York - Citigroup reached a multibillion-dollar settlement with regulators and governments on Thursday on claims it improperly urged customers to buy a type of bond that fell apart in conjunction w... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736594/ Thu, 07 Aug 2008 16:34:12 -0400 Earth Times http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736594/ CAS Medical Systems, Inc. President and Chief Executive Officer to Ring the NASDAQ Stock Market Opening Bell What: Andrew E. Kersey, President and Chief Executive Officer of CAS Medical Systems, Inc. (CASM), will preside over the NASDAQ Opening Bell. Where: NASDAQ MarketSite - 4 Times Square - 43rd & Broadwa... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736589/ Thu, 07 Aug 2008 17:46:04 -0400 RedOrbit http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736589/ When to tell the boss that you are pregnant But you can't keep your pregnancy a secret forever, and it's best to start planning early how you'll transition to maternity leave. Most experts suggest telling the boss your news after the first trim... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738990/ Thu, 07 Aug 2008 17:29:16 -0400 MSNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738990/ Sally Beauty Holdings rises after earnings All Associated Press news DENTON, Texas (AP) - Shares of beauty-supply retailer and distributor Sally Beauty Holdings Inc. jumped Thursday after the company's third-quarter earnings beat analyst expec... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740326/ Thu, 07 Aug 2008 16:20:29 -0400 CNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740326/ Wall Street Consumed By Doubt A new bout of bad news from the financial sector and weak consumer-related economic data on Thursday knocked Wall Street for a loop in afternoon trading. U.S. retailers reported disappointing July sa... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736626/ Thu, 07 Aug 2008 16:42:02 -0400 Forbes http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736626/ Weak Jobs Data Worries White House, Wall Street WASHINGTON (AP) ― The number of newly laid off people signing up for jobless benefits last week unexpectedly climbed to its highest point in more than six years as the faltering economy forced... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736628/ Thu, 07 Aug 2008 16:51:27 -0400 WBZ http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736628/ Lenovo sales defy weak market CNET News.com Staff Read about the latest earnings reports from technology's leading players. This page is updated as new reports are filed. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736601/ Thu, 07 Aug 2008 16:18:28 -0400 CNet http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736601/ Innotrac Corporation Announces Timing of 2008 Second Quarter Earnings Release & Conference Call ATLANTA, Aug. 7 /PRNewswire-FirstCall/ -- Innotrac Corporation (Nasdaq: INOC) will report its 2008 second quarter results after 4:30 p.m. Eastern Daylight Time on Monday, August 11, 2008. In c... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736602/ Thu, 07 Aug 2008 18:04:46 -0400 Breitbart http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736602/ Jobs, store sales soft but homes data brighter WASHINGTON (Reuters) - Claims for jobless aid rose last week and big retailers had disappointing sales in July, reports showed on Thursday, but a gauge of future home sales rose in a hopeful sign for ... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741055/ Thu, 07 Aug 2008 16:25:27 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741055/ Stock fall on worries about financial sector NEW YORK – Wall Street tumbled Thursday as worries about losses in the financial sector, higher unemployment and lackluster sales at retailers touched off fresh concerns about the economy. The D... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739976/ Thu, 07 Aug 2008 17:01:08 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739976/ Non-bankers lending money on the Web Web sites where you can state how much money you need, why you need it, why you can be trusted to pay it back — and what interest rate you're willing to pay. Lenders who subscribe to the site — or... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738989/ Thu, 07 Aug 2008 17:29:14 -0400 MSNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16738989/ Boeing sees first 787 cancellation, lags Airbus NEW YORK – Boeing Co has announced the first cancellation of an order for its delayed 787 Dreamliner, signaling that airlines may be getting impatient for deliveries of the new, fuel efficient p... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736268/ Thu, 07 Aug 2008 17:01:03 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736268/ Wal-Mart and AIG drag Wall Street lower slipped 5.02 points, or 0.21 percent, to 2,373.35.The declines followed two days of gains on Wall Street.In addition to posting a quarterly net loss of more than $5 billion, AIG reported a general det... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736623/ Thu, 07 Aug 2008 16:34:11 -0400 Earth Times http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736623/ US stocks fall on weak jobs report, Wal-Mart sales Wall Street tumbled Thursday after weekly unemployment claims jumped to a six-year high and Wal-Mart Stores Inc. and other retailers reported disappointing sales, touching off renewed fears that a pul... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736621/ Thu, 07 Aug 2008 16:41:15 -0400 eTaiwan News http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736621/ Deer Valley Corporation Reports Record Earnings for the Second Quarter and the First Six Months of 2008 DVLY ), today announced record earnings for the 2nd quarter and first six months of 2008. In a Form 10-Q filed today, the Company reported net earnings of $1,003,882 for the 2nd quarter of 2008 and ... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736600/ Thu, 07 Aug 2008 16:38:12 -0400 Market Wire http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736600/ AIG, Sirius Satellite Radio, Citigroup, Wal-Mart, Career Education, Fortress AIG ; 24.06): After this morning's conference call, we are lowering our 2008 estimate to an operating loss of $1.40 from operating EPS of $2.22. This forecast assumes lower investment returns and... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736612/ Thu, 07 Aug 2008 16:53:20 -0400 Business Week http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736612/ Jobless Wal-Mart employees get day in Supreme Court OTTAWA — The Supreme Court of Canada agreed Thursday to hear appeals from a number of workers who lost their jobs when Wal Mart Canada closed its unionized store in Saguenay, Que., three years ag... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736603/ Thu, 07 Aug 2008 16:44:19 -0400 The Globe And Mail http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736603/ France approves 35-hour work week law with amendments PARIS: France's constitutional council approved the main elements of a law dismantling the 35-hour working week on Thursday, but imposed amendments to rules on overtime. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740335/ Thu, 07 Aug 2008 16:30:26 -0400 Times Of India http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740335/ Sempra Energy posts lower profit; raises earnings outlook SAN FRANCISCO (MarketWatch) -- Sempra Energy reported Thursday a drop in second-quarter profit, with lower results from its commodities trading and natural gas operations outweighing gains on the util... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736615/ Thu, 07 Aug 2008 17:35:13 -0400 Market Watch http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736615/ Griffon Corporation Announces Operating Results for the Third... , the company's Board of Directors approved a plan to exit all operating activities of the Installation Services segment in 2008. Certain operating units in the Installation Services segment were cl... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740327/ Thu, 07 Aug 2008 16:20:36 -0400 CNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740327/ Consumers jack up borrowing in June WASHINGTON – Consumers – fortified by the government's rebate checks – boosted their borrowing in June at the fastest pace in seven months. The Federal Reserve reported Thursday t... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739975/ Thu, 07 Aug 2008 17:01:07 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739975/ AIG, Wal-Mart weigh on Wall Street By Walter BrandimarteNEW YORK (Reuters) - Stocks fell on Thursday as insurer American International Group and Citigroup weighed on the financial sector, while lower-than-expected July sales by Wal-Mar... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736585/ Thu, 07 Aug 2008 17:33:00 -0400 Earth Times http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736585/ Billionaire Tom Hunter bids for struggling flower firm Flying Brands Shares in Flying Brands surged by a third today after the troubled flowers and gardening mail order firm received a bid approach from Scottish billionaire Sir Tom Hunter. Scotland's richest man alread... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739547/ Thu, 07 Aug 2008 16:43:14 -0400 Guardian http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739547/ Coca-Cola Femsa, Coca-Cola To Buy Colombian Water Business , Dow Jones Newswires; 5255 5001 5727, anthony.harrup@ dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commen... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736401/ Thu, 07 Aug 2008 16:21:23 -0400 Morning Star http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736401/ Increase in Distribution as Revenues, EBITDA and Net Earnings Continue to Grow in the Second Quarter of 2008 MONTREAL, QUEBEC--(Marketwire - Aug. 7, 2008) - (TSX:BCI.UN) Revenues for the second quarter increased 15.8% compared to last year to a record $16.9 million while revenues from comparable store increa... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736588/ Thu, 07 Aug 2008 16:38:21 -0400 Market Wire http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736588/ Union Gets Right To Appeal Wal-Mart Quebec Store Closure ," he told Dow Jones. "Every previous court decision on this matter, decisions from the Quebec Superior Court, as well as the Quebec Court of Appeal, has found in favor of Wal-Mart Canada against t... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736620/ Thu, 07 Aug 2008 16:22:20 -0400 Morning Star http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736620/ Lexus stands alone atop JD Power NEW YORK (AP) _ Lexus once again stands alone atop a closely watched ranking of vehicle dependability after Buick slipped from the No. 1 spot it shared with the Japanese luxury brand last year, J.D. P... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739546/ Thu, 07 Aug 2008 17:28:47 -0400 Newsday http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739546/ Ex-Refco president sentenced to 10 years in prison NEW YORK (Reuters) - Tone Grant, former president of Refco, once the largest independent commodities broker, was sentenced to 10 years in prison for his role in a $2.4 billion fraud that involved hidi... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741056/ Thu, 07 Aug 2008 16:25:26 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16741056/ Microsoft searching for Olympic medals Google and Yahoo are also doing , Microsoft is tailoring its search results to feature Olympics content. Its news, video, and celebrity search results will all highlight Olympics content. Still, wh... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736608/ Thu, 07 Aug 2008 16:18:30 -0400 CNet http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736608/ The9 sees earnings double on strong game revenue SAN FRANCISCO (MarketWatch) -- The9 Ltd. said Tuesday that earnings more than doubled during the second quarter thanks to strong revenue from its video game services. The Chinese provider of online ga... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736617/ Thu, 07 Aug 2008 17:35:39 -0400 Market Watch http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736617/ Former Refco owner Grant gets 10 years for fraud NEW YORK – The former owner of one of the world's biggest commodities brokerages was sentenced to 10 years in prison Thursday for a fraud that cost investors more than $2 billion. Tone N. Gra... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739974/ Thu, 07 Aug 2008 17:01:06 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16739974/ European demand supports Lenovo Chinese PC maker Lenovo has reported upbeat quarterly profits as it improved market share in Europe. The firm, which is one of the official partners for the Beijing Olympics, said net income grew 65%... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740977/ Thu, 07 Aug 2008 16:17:56 -0400 BBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740977/ US house figures in surprise rise The US saw an unexpected increase in agreements to buy homes in June, according to figures from the National Association of Realtors (NAR). The association's pending home sales index climbed 5.3% in ... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740976/ Thu, 07 Aug 2008 16:17:55 -0400 BBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16740976/ Tim Hortons Q2 earnings rise on food sales Tim Hortons Inc. brewed up an 11.5 per cent increase in its profits as revenue at the coffee and doughnut retailer increased by more than $150 million over the same time last year. The company's seco... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736618/ Thu, 07 Aug 2008 16:13:03 -0400 CBC News http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16736618/ Oil surpasses $120, halting slide VIENNA, Austria – Concerns that tension over Iran's nuclear program could lead to conflict propelled oil prices upward Thursday to above $120 a barrel, halting a four-week slide. Light, sweet... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734035/ Thu, 07 Aug 2008 12:42:51 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734035/ T-Mobile USA adds 668,000 net subscribers in Q2 NEW YORK – T-Mobile USA, the country's fourth-largest wireless carrier, Thursday said it added a net 668,000 new subscribers in the second quarter, for a total of 31.5 million. Net customer a... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734039/ Thu, 07 Aug 2008 12:42:43 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734039/ Bargain hunters swoop for foreclosed homes A home under foreclosure in Stockton, California. Photograph: Ariel Zambelich/AP The number of pending home sales in America jumped 5.3% in June as bargain hunters swooped on foreclosed homes. The N... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733615/ Thu, 07 Aug 2008 12:23:13 -0400 Guardian http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733615/ Four British Airways executives charged over price-fixing scandal Four past and present British Airways executives face up to five years in jail after being charged with price-fixing offences this afternoon in what will be the UK's most high-profile http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733618/ Thu, 07 Aug 2008 12:23:07 -0400 Guardian http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733618/ Analyst Whitney gloomy on U.S. spending as top AmEx clients hurt (Reuters) - Oppenheimer analyst Meredith Whitney saw negative implications for overall U.S. spending over the next 12 to 18 months after credit card company American Express Co (AXP.N: http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735207/ Thu, 07 Aug 2008 12:04:31 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735207/ ECB holds rates, says growth risks starting to grip FRANKFURT (Reuters) - The European Central Bank left interest rates unchanged on Thursday and insisted inflation was still its key fear even though risks to growth were taking hold, prompting markets ... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735208/ Thu, 07 Aug 2008 12:04:29 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735208/ South Jersey Industries posts 2Q loss on charges All Associated Press news FOLSOM, N.J. (AP) - South Jersey Industries Inc. on Thursday reported a second-quarter loss due in part to a large charge related to its commodity asset management and market... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734379/ Thu, 07 Aug 2008 11:57:52 -0400 CNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734379/ 2Q profits for Brazil miner Vale soar 22 percent SAO PAULO, Brazil – Second-quarter profits for Brazil's Vale mining company soared 22 percent to a new high as the company shipped record amounts of iron ore to feed growing global demand, the m... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16730331/ Thu, 07 Aug 2008 12:43:00 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16730331/ Why we need a windfall tax on energy companies raising its prices by a staggering 35% in recent weeks. These form part of a global trend, the causes of which are so complex and varied that most economists don't agree on them, and the energy compan... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733616/ Thu, 07 Aug 2008 12:23:09 -0400 Guardian http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733616/ Sara Lee swings to 4th-quarter loss on charges DOWNERS GROVE, ILL. – Sara Lee says it had a fiscal fourth-quarter loss as reduced the value of some assets on its books amid a softening economy and soaring wheat costs. Downers Grove, Ill.-... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734040/ Thu, 07 Aug 2008 12:42:42 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734040/ Argon fiscal 3rd-quarter profit jumps 20 percent All Associated Press news FAIRFAX, Va. (AP) - Argon ST Inc., which makes electronic systems for the Navy and other government customers, said Thursday its fiscal third-quarter profit rose 20 percent, ... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734371/ Thu, 07 Aug 2008 11:57:57 -0400 CNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734371/ June pending home sales up unexpectedly WASHINGTON (Reuters) - Home sales contracts signed in June unexpectedly rose, boosting an index of pending sales to the highest level since October, though it was well below the year-ago level, a real... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735203/ Thu, 07 Aug 2008 12:04:37 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735203/ AIG to unveil restructuring plan on Sept. 25 NEW YORK – American International Group Inc will unveil a sweeping plan for change at the giant insurer at a meeting on Sept. 25, Chief Executive Robert Willumstad said Thursday. The plan, wh... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734030/ Thu, 07 Aug 2008 12:42:54 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734030/ ArcelorMittal spends $1.6B to expand in Brazil It said increasing its production of wire rod, bars, rebars and structural sections “recognizes the important growth potential of the domestic market” in Brazil. It is still seeking a s... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16730333/ Thu, 07 Aug 2008 12:42:43 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16730333/ Reddy Ice says 2Q profit slid 46 percent All Associated Press news DALLAS (AP) - Packaged ice distributor Reddy Ice Holdings Inc. said its second-quarter profit fell 46 percent as sales slid slightly. The company also revised its guidance fo... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734370/ Thu, 07 Aug 2008 11:57:58 -0400 CNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734370/ Lifetime Brands 2nd-quarter loss widens All Associated Press news GARDEN CITY, N.Y. (AP) - Lifetime Brands Inc., which makes KitchenAid, Pfaltzgraff and Cuisinart brand kitchen products, said Thursday its second-quarter loss widened, and wa... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734382/ Thu, 07 Aug 2008 11:57:48 -0400 CNBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734382/ Jobless claims up, special factors cited again WASHINGTON (Reuters) - The number of U.S. workers filing new claims for jobless benefits rose 7,000 last week to the highest level in more than 6 years, government data on Thursday showed, but special... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735205/ Thu, 07 Aug 2008 12:04:34 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735205/ Constellation Brands to reduce Australian network ROCHESTER, N.Y. – Constellation Brands Inc. is overhauling its operations in Australia, selling more than 20 vineyards and eliminating 350 jobs as it switches focus to the more profitable, highe... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734034/ Thu, 07 Aug 2008 12:43:01 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734034/ Marks & Spencer leans on Leaver to boost internet business Marks & Spencer has handed further responsibiliies to its international strategy director, Carl Leaver, fuelling speculation that he could be a contender to succeed Sir Stuart Rose as executive ch... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733617/ Thu, 07 Aug 2008 12:23:05 -0400 Guardian http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733617/ DirecTV profit up 2 percent, matches estimates El SEGUNDO – DirecTV says its profit rose 2 percent in the second quarter, held back by higher marketing expenses, dealer incentives and installation costs. The satellite TV broadcaster earne... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16730582/ Thu, 07 Aug 2008 12:42:52 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16730582/ Bank of England stays firmly on the fence Plenty has happened since the Bank of England last cut interest rates in April. Inflation has risen to 3.8% - almost double the government's 2% target - requiring the Bank's governor, Mervyn King, to ... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733619/ Thu, 07 Aug 2008 12:23:03 -0400 Guardian http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733619/ ECB, BoE leave interest rates unchanged FRANKFURT, Germany – The European Central Bank and the Bank of England both left their benchmark interest rates unchanged Thursday as they ponder how best to steer their economies between the sh... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734037/ Thu, 07 Aug 2008 12:42:47 -0400 San Diego Union-Tribune http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16734037/ Ryanair slashes fares to reverse faltering demand Ryanair: 'We will dump the price to wherever it needs to be to get 80% occupancy.' Photograph: Adrian Dennis/AFP/Getty Images Ryanair fired the first salvo in a price war today as it halved its chea... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733614/ Thu, 07 Aug 2008 12:23:11 -0400 Guardian http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16733614/ July sales struggle as tax rebate cash ends NEW YORK (Reuters) - Retailers including Wal-Mart Stores Inc and Target Corp posted disappointing July sales results on Thursday as shoppers ran out of extra tax rebate cash, dampening hopes for the c... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735204/ Thu, 07 Aug 2008 12:04:36 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735204/ AIG sees up to $8.5 billion in cash losses from CDS Stock Buzz ) said on Thursday potential cash losses on its portfolio of credit default swaps tied to risky mortgage debt could be as high as $8.5 billion, much more than previously disclosed. http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735206/ Thu, 07 Aug 2008 12:04:33 -0400 Reuters http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735206/ Eurozone rates on hold at 4.25% The European Central Bank (ECB) has kept interest rates unchanged at 4.25% amid signs of slowing economic growth. ECB President Jean-Claude Trichet said growth in the 15-nation bloc had been "particu... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735144/ Thu, 07 Aug 2008 11:55:03 -0400 BBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735144/ German production stalls in June Production at German factories rose by less than expected in June, adding to fears that the economy is on the brink of sliding into a recession. Official data showed industrial output rose by a lackl... http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735145/ Thu, 07 Aug 2008 11:54:49 -0400 BBC http://story.irishsun.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16735145/