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IranHerald.com Thursday 29th July 2010 Issue 3005/8
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U.S. stocks struggle to gain momentumU.S. stocks struggle to gain momentum
U.S. stocks lost ground Thursday although losses were...


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Some California state workers to take unpaid leaveSome California state workers to take unpaid leave
Governor Arnold Schwarzenegger of California has given an executive order for some state workers to take three unpaid days off per month starting in...
Greek truck drivers get back to work order from governmentGreek truck drivers get back to work order from government
The Greek government, using a rare law, has ordered truck drivers back to...
Protesters gather at Fiat Mirafiori plantProtesters gather at Fiat Mirafiori plant
Fiat car workers in Italy have been running protests over the company’s future in its home...
Report says Alaskan spill was caused by power failureReport says Alaskan spill was caused by power failure
A power failure contributed to a 4,500-barrel oil spill in the US in...
Boeing profits down while expectations riseBoeing profits down while expectations rise
Aircraft giant Boeing its net profit for the April through June quarter was down due to a fall in plane...
Kraft says it will maintain Cadbury heritageKraft says it will maintain Cadbury heritage
Cadbury has seen the departure of many senior staff from its UK office since it was taken over by Kraft earlier this...
3D camera coming from Panasonic in August3D camera coming from Panasonic in August
Panasonic has developed a camcorder that will record birthdays, weddings and family events in...
Air travellers welcome seating changesAir travellers welcome seating changes
Some airline passengers may be feeling more comfortable in their seats, with dozens of airlines opting to install wider seats with more leg...
Passengers might be asked to self-board ContinentalPassengers might be asked to self-board Continental
Continental Airlines in the US is testing a controversial self-boarding...
Resorts spring up in Gaza StripResorts spring up in Gaza Strip
Palestinians have invested $20 million or more in new tourist infrastructure in...
Exxon Mobil, Colgate-Palmolive among big movers
NEW YORK — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Ameriprise Financial Inc., up $4.70 at $42.98 ...
Microsoft CEO promises iPad will have Windows-based competitors, but they're not ready yet
REDMOND, Wash. - Microsoft will compete with Apple's iPad, but it isn't saying when. Microsoft Corp. CEO Steve Ballmer says the company is working with Intel Corp. and computer makers to perfect...
Bases in Ariz., Fla., Utah, Vt. picked to get initial share of Air Force's new F-35 fighter
PHOENIX - The U.S. Air Force has chosen bases in Arizona, Florida, Utah and Vermont as homes for the military's F-35 Joint Strike Fighter, prompting applause from officials banking on the pricey new...
Honeywell says it will keep headquarters in NJ as governor works to expand business grants
MORRISTOWN, N.J. - Honeywell International Chairman and CEO Dave Cote said Thursday that the Fortune 500 company has decided to keep its headquarters in New Jersey despite an attractive offer in...
Partisan disagreements, summer recess delays oil spill legislation until at least September
WASHINGTON - Partisan disagreements in the Senate will delay passage of legislation responding to the Gulf oil spill until at least September, when Congress returns from its summer recess. The...
CDEL Schedules Third Quarter 2010 Earnings Release on Wednesday, August 18, 2010
/PRNewswire-Asia-FirstCall/ -- China Distance Education Holdings Limited (NYSE: DL) ("CDEL" or "the Company"), a leading provider of online education in China focusing on professional education,...
Expedia, Inc. Earnings Press Release Available on Company's IR Site
BELLEVUE, Wash., July 29 /PRNewswire-FirstCall/ -- Expedia, Inc. (Nasdaq: EXPE) today announced second quarter 2010 results through a press release that is available now...
Citigroup Paying $75 Million To Settle Civil Charges
July 29, 2010 Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in 2007....
Citigroup paying $75M to settle civil charges
WASHINGTON — Banking titan Citigroup Inc. is paying $75 million to settle civil charges that it misled investors about its potential losses from subprime mortgages as the housing bust hit in...
Analyst Research on Motorola , Google , Exxon Mobil , ConocoPhillips and Many More Available Free at BedfordReport.com
TORONTO--(Marketwire - July 29, 2010) - The Bedford Report is pleased to announce that its latest Market Update analyzing recent news and events on Motorola, Inc....
Stocks to Watch: Stocks to watch Friday: Merck, Chevron
SAN FRANCISCO (MarketWatch) -- Among the companies whose shares are expected to see active trading in Friday's session are Chevron Corp., Merck & Co. Inc. and Aon Corp. ...
Big earners are still safe in their glass towers
watchdog gets tough on City bonus culture . EU-inspired crackdown to catch 2,500 firms in the Square Mile. New rules go far beyond anything imposed on Wall Street. These sentences are designed to...
Bunge Battered After Earnings Letdown
had a bad second-quarter, leading its stock to a dramatic fall.On Thursday the company announced it earned $1.8 billion, or $11.15 per share, well ahead of the $293 million, or $2.28 per share,...
Hill-Rom Climbs On Earnings Beat
people ) reported an 80% jump in adjusted earnings for the most recently completed quarter, beating expectations, and raised its 2010 guidance. Revenue was up 8% year over year. Shares of Hill-Rom...
ConocoPhilllips Draws Upgrade After Earnings
Bank of America upgraded shares of ConocoPhillips from sell to neutral following the company's strong earnings earlier in the week. The firm noted that selling its Lukoil stake will benefit the...
Microsoft slates IE9 beta for September
Computerworld - MIcrosoft will ship a beta of Internet Explorer 9 (IE9) in September, a company executive said today. If the timeline is accurate, the IE9 beta release will come a month later than...
Microsoft's research depth enabled Kinect, Mundie says
Microsoft 's forthcoming Xbox add-on that allows a user to control a game through body movements -- in fact, Microsoft itself initially thought it would be impossible, its top research executive said...
Amgen Earnings Rise 7%, Beat Analysts' Expectations
reported a 7 percent increase in adjusted profit that topped Wall Street forecasts, although sales of some of its most important products fell short of Wall Street estimates and the company slightly...
Nvidia's Earnings Warning Could Signal Chip Glut
. (Some analysts actually argue Intel could gain from Nvidia's pain—especially if there is a shift to the kind of integrated chipsets Intel makes.) My take: You can slice these numbers anyway, but...
FAM: Ballmer says Microsoft pushing hard to make iPad competitor
Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Sharon...
Canadian earnings declared Thursday: Barrick Gold, Thomson Reuters, TransCanada
TORONTO - Canadian earnings declared Thursday as of 5 p.m. ET: AltaGas Ltd. (TSX:ALA): Three months June 30, 2010, $28,400,000, $0.35 a share; 2009, $36,900,000, $0.46 a share. Revenue: 2010,...
Bonavista Energy Trust reports big jump in second quarter earnings
CALGARY - Bonavista Energy Trust (TSX:BNP.UN) says profits surged to $45.5 million compared to $661,000 a year earlier when it booked a $27.8 million loss under its risk management program....
U.S. Stocks Fall as S&P 500 Slumps for Third Day on Earnings
July 29 (Bloomberg) -- U.S. stocks fell, sending the Standard & Poor’s 500 Index lower for a third day, as earnings and forecasts that disappointed investors at technology and consumer...
U.S. Nuclear Projects Tied Up Awaiting Federal Loan Guarantees
July 29 (Bloomberg) -- The so-called nuclear renaissance that was supposed to boost U.S. capacity to generate emissions- free power may stall as developers await decisions from the Obama...
Geithner to Speak on Obama’s Fiscal Plans, Aide Says
July 29 (Bloomberg) -- U.S. Treasury Secretary Timothy F. Geithner next week plans to step up the Obama administration’s efforts to persuade lawmakers that tax cuts for wealthy Americans should...
Genworth Reports Profit as Mortgage Results Improve
July 29 (Bloomberg) -- Genworth Financial Inc., the mortgage guarantor and life insurer, reported a profit for a fourth straight quarter as results improved in its business backing home...
Gross Rolls Down Curve for Non-Normal Bond Returns
July 29 (Bloomberg) -- Bill Gross is realizing outsized gains by benefitting from the near record difference in yields between short- and longer-maturity bonds while preaching that investors should...
Russian Pilot Rescued After Capture by Darfur Militia, UN Says
July 29 (Bloomberg) -- A Russian helicopter pilot with the United Nations and African Union joint peacekeeping mission in the Darfur region of Sudan was rescued today after being seized and beaten by...
Microsoft’s Ballmer Says Tablets Top of Mind Amid Apple Success
July 29 (Bloomberg) -- Microsoft Corp. Chief Executive Officer Steve Ballmer said tablet computers are a big issue for him as Apple Inc. seized the momentum in a category Microsoft has worked on for...
Expedia grows Q2 earnings
reported second-quarter revenue grew to $834 million from $770 million last year, and net income rose to $114.3 million, or 40 cents per diluted share, from $40.9 million, or 14 cents a share in...
TeleCommunication Systems earnings decline 53%
second-quarter earnings fell by 53 percent on slower growth in the company’s text messaging business. The Annapolis satellite and wireless communication technology company posted earnings of...
Coinstar Q2 earnings rise
reported second-quarter revenue rose to $342 million from $254 million a year earlier, and net income increased to $13.4 million, or 41 cents per diluted share, from $7 million, or 23 cents a share...
Franklin Resources earnings rise 21% in Q2
earned $360.5 million in the second quarter, up 21 percent from $297.7 million the year earlier period. In the first half, the investment company earned $1.1 billion, up from $529.4 million in the...
SAIL Q1 net dips 11.5% to Rs 1,177cr on lower sales
NEW DELHI: SAIL on Thursday said its profit for the first quarter of the current fiscal declined by 11.5% to Rs 1,176.5 crore mainly due to lower sales and high input cost. "In the first quarter,...
Flying to Europe with more than a bag? Pay extra
NEW DELHI: Passengers flying between India and US on American carriers aren't the only ones who need to pay extra for checking-in more than one bag. Now flying to Europe will also render similar ...
NTC starts land e-auction, eyes Rs 5,000cr
NEW DELHI: National Textiles Corporation is expecting to raise over Rs 5,000 crore from sale of about 55 acres of surplus land in Mumbai in the ongoing fiscal, textile minister Dayanidhi Maran...
Noel being groomed to head Tatas?
MUMBAI: In what could possibly be seen as a build up to the speculation that Noel Naval Tata may eventually succeed Ratan Tata, his half brother, as chairman of the $72 billion Tata empire, Noel ...