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macy macon

Drop in Orders from Chipmakers Force Applied Materials to Reduce Forecast - 0 views

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    "Top chip gear maker Applied Materials Inc has reduced its full-year targets due to a sudden decline in orders from its biggest market towards the end of the current quarter. Concern about a declining trend in global technology spending has also hit Asian chip firms. "
macy macon

Durable Goods Orders Rise Amid Underlying Concerns - 0 views

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    "Although, the demand for long-lasting manufactured goods sprang back more than expected in May with an increase in a gauge of planned business spending, this momentum is not likely to be sustained due to a staggering global economy."
macy macon

Sony (SNE) to Tie-Up with Panasonic (PC) to Make OLED TVs - 0 views

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    "Sony and Panasonic are planning a strategic cooperation to make OLED (organic light emitting diode) television sets in order to meet the challenge of Korean rivals Samsung and LG Electronics. "
macy macon

Boeing (BA) Replaces Albaugh with Conner as Head of Commercial Plane Unit - 0 views

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    "Boeing has appointed Ray Conner to replace Jim Albaugh as the new head of its best known commercial plane unit in order to gain an upper hand in its battle against Airbus for the $100 billion-a-year aircraft market. "
macy macon

Regulator Asks Airlines to Re-Install Oxygen Devices in Aircraft Lavatories - 0 views

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    "The FAA has directed airlines to put back redesigned oxygen systems in aircraft lavatories, a year after it had ordered them to be removed on concerns that they could be used by terrorists as weapons."
macy macon

Manufacturing in Asia Declines in June, Except in Indonesia - 0 views

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    "Manufacturing activity in most of Asia slowed down according to economic data released on Monday, except in Indonesia that showed enough resilience to be able to withstand tough overseas conditions. More central bank easing is expected in order to boost economic growth. "
macy macon

Ingram (IM) Micro Agrees to buy BrightPoint (CELL) for USD650 Million - 0 views

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    "Technology distributor Ingram Micro Inc has agreed to buy wireless device distributor BrightPoint Inc for about $650 million in cash in order to expand in new growth areas due to the dwindling sales of personal computers. "
macy macon

US Postal Service Plants another Green Roof - 0 views

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    "The US Postal Service will be building its second green roof in order to improve the environment. An 11,300 square foot green roof will be built atop the Colvin-Elmwood Post Office. The money for building the green roof will come through an innovative sustainability partnership with Onondaga County, NY."
macy macon

US Manufacturing Slumps in June for First Time in 3 Years - 0 views

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    "The US manufacturing dropped in June, for the first time in three years indicating that economic growth is declining. A monthly report showed that there was a decline in production and exports and in the number of new orders received. "
macy macon

Aviva (AV) Plans Strategic Overhaul by Closing 16 Units - 0 views

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    "British insurer Aviva is planning to sell or close 16 underperforming businesses as part of a strategic shake-up in order to improve its finances and stem its declining share price."
macy macon

Alcoa (AA) Beats Second-Quarter Estimates - 0 views

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    "Alcoa Inc reported second-quarter earnings and revenue that beat analysts' estimates after an increase in orders from the auto and aerospace industries."
macy macon

Ricky Gervais' Painting Fails to Attract Bidders at Charity Auction - 0 views

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    "Looks like comedian Ricky Gervais' new talent could not get the eyes rolling unlike his acting skills. The painting by the actor could not find any suitable buyer when it went under hammer in Inverness, Scotland on Saturday. 'The Officer' star donated the canvas depicting the New York skyline backed by a flame red sky to sell at the charity auction in order to raise some cash for Maggie's Caring Cancer Centres."
macy macon

Government Intervenes to Avert Norway's Oil Industry Closure - 0 views

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    "The Norway government has intervened to settle the dispute between striking oil workers and employers, when it ordered Monday a last-minute settlement. Market fears over a full closure of its oil industry and a steep cut in Europe's supplies were averted."
macy macon

Alcoa (AA) Posts Q2 Loss but Backs Growth Forecast - 0 views

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    "Although, Alcoa posted a second-quarter loss from a year-ago profit, mainly because of high charges and weak aluminum prices, it backed its forecast for high global demand later in the year after an increase in orders from the auto and aerospace industries."
macy macon

Consumer Financial Protection Bureau Proposes New Mortgage Disclosures - 0 views

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    "The federal consumer watchdog agency has come up with several proposals designed to control abuses in order to restore trust in the industry. Several controversial mortgage fees are sought to be banned and new disclosure forms will be provided to help borrowers understand the terms of the home loans. "
macy macon

Dentsu to Acquire Aegis for USD4.9 Billion - 0 views

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    "The Japanese advertising company, Dentsu is buying Britain's Aegis Group Plc for 3.16 billion pounds ($4.9 billion) in order to create a global media and marketing network. A company with 33,000 workers will be created as a result of this deal. "
macy macon

New best selling diet book aspires people to jump off the treadmill and into the hot tub! - 0 views

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    "The sensational best seller diet book urges people to jump off the treadmill, into the hot tub!Bridget Praytor had taken every diet pill and almost worked herself to a gym-bound early grave in order to fit in with society's accepted female 'mold'. Following an epiphany moment in a hot tub, Praytor is proving that mind over matter can quickly turn insecurity into pride."
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