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Thursday,
28 August 2008
Drug trial halted; Cell Genesys shares plummet
(08-27) 12:17 PDT SAN FRANCISCO -- Shares in Cell Genesys, once a high-flying biotech startup whose shares traded above $50 back in 2000, plunged 72 percent Wednesday to close at less than $1 after safety questions brought an end to a...
(Source: San Francisco Chronicle) read more...
Thursday,
28 August 2008
Starbucks executives wont get raises in next fiscal year
Coffee giant Starbucks Corp. said Chief Executive Howard Schultz and other top managers wont get a raise in the next fiscal year as the company tries to boost profit.
(Source: Los Angeles Times) read more...
Thursday,
28 August 2008
Big Shift in Accounting Rules Nears
US execs welcome the clarity of the SECs new timetable for switching from GAAP to international standards. But adopting new ways wont be easy or inexpensive by Nanette Byrnes and Keith Epstein Searching for what he called a lingua franca of
(Source: BusinessWeek) read more...
Thursday,
28 August 2008
Canon Shares Fall After Ricoh Buys US Copier Distributor Ikon
By Stuart Biggs Aug. 28 (Bloomberg) -- Canon Inc., Japans biggest office- equipment maker, fell the most in five months in Tokyo trading after Ricoh Co.
(Source: Bloomberg) read more...
Thursday,
28 August 2008
Boeing to Give Machinists Final Offer Today for 3-Year Contract
By Susanna Ray Aug. 28 (Bloomberg) -- Boeing Co. plans to give its largest union a final offer today for a three-year contract, in an effort to keep machinists working on a record plane-order backlog rather than going on strike next week.
(Source: Bloomberg) read more...
Thursday,
28 August 2008
ConocoPhillips is latest to sell its gas stations
By BRETT CLANTON Copyright 2008 Houston Chronicle ConocoPhillips on Wednesday became the latest major oil company to exit the troubled gas station business and pass on the guardianship of familiar store brands to new owners.
(Source: Houston Chronicle) read more...
Thursday,
28 August 2008
Caterpillar sees strong China sales enduring
BEIJING (Reuters) - Caterpillar Inc (CAT.N: Quote, Profile, Research, Stock Buzz) expects weakness in rich-country economies to persist into 2009 but its sales in China will remain strong, Jim Owens, chairman and chief executive of the...
(Source: Reuters) read more...
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- FEMA Officials Prepare for Gustav
- An SEC Timetable for Global Accounting Rules
- Japans Ricoh to buy Ikon Office for $1.6 bln
- UPDATE: Byetta Concerns Stoke Worries For Once-Weekly Version
- Orders for Manufactured Goods Beat Forecasts
- The dollars new status: strongman of global currencies
- Chrysler Crunch Hits the Viper
- TiVo shows another profit, but outlook weak
- The Rocker
- Margaret Cho Gives TV Another Try, This Time With Reality Series
- Movie Ridicules Intellectually Disabled
- Jessica Simpson: a real bottle blond
- Jonas Brothers Take the Lead
- Movie Review Death Race an explosion of mindless action
- Independent Lieberman upends political world
- Bad news should wake up Obama, experts say
- McCain Closes Gap on Obama In Poll as Conventions Loom