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Ahold reports Q2 profits above forecastsDutch supermarket group Ahold reported second-quarter operating profit above forecasts on Thursday, helped by cost controls even as the retail environment continues to reflect weak economic conditions. Second-quarter earnings before interest and taxes (EBIT) rose 25.5 percent to 295 million euros, compared with the 276 million euros projected by analysts and 235 million euros a year earlier.
IB Times Thursday, August 20, 2009Price hikes to boost PetroChina, Sinopec Q2
China's top oil refiners are set to reveal a surge in quarterly earnings on the back of fuel price increases and lower oil prices, reaping the benefits six months after Beijing shifted to more liberal fuel pricing.
IB Times Thursday, August 20, 2009Cyfrowy Q2 net falls 29 pct, undershoots f'casts
Poland's top pay-TV provider, Cyfrowy Polsat, reported on Thursday a 29-percent net profit drop in the second quarter and missed expectations due to weaker zloty and bruising battle for new customers.
IB Times Thursday, August 20, 2009Southwest CEO says still eyeing acquisitions: report
U.S. low-cost carrier Southwest Airlines, which lost a bid to buy Frontier Airlines Holdings Inc, may look for another acquisition but would continue to carry conditions with any bid, its chief executive Gary Kelly told the Wall Street Journal in an interview.
IB Times Thursday, August 20, 2009Gold Price Readying For A Leg Up
If this bull market parallels the last one, as it has been doing, then gold should renew its upward momentum in a very serious way starting in October 2009. Traders and analysts predict that the next leg up should be a major one (the biggest gains came during the second rally in gold's bull market in the â??70s). Get ready for the rally!
IB Times Thursday, August 20, 2009CleanTech Biofuels, Inc. (CLTH.OB) and GeoSynFuels Announce Joint Research Agreement
CleanTech Biofuels Inc. is an early-stage company offering cities and landfill operators its technology to convert municipal solid waste into sustainable biomass for renewable energy production. Earlier this year, the company announced that a test vessel had demonstrated the operational capability of its technology. CleanTech Biofuels yesterday announced a joint research agreement with GeoSynFuels LLC. The [...]
IB Times Thursday, August 20, 2009Vicor Technologies, Inc. (VCRT.OB) Announces International Distribution Agreement; Revenues Expected to Commence in the Fourth Quarter of 2009
Vicor Technologies, Inc., a development-stage biotechnology company specializing in innovative, non-invasive diagnostics, recently announced that the company has entered into an exclusive distributorship agreement with Glotecx, Inc. for the distribution of its PD2i Cardiac Analyzer. This agreement grants Glotecx, Inc., a global provider of state-of-the-art medical equipment, the exclusive right to purchase, inventory, promote and [...]
IB Times Thursday, August 20, 2009Cavico Corp. (CVIC.OB) Announces Two Construction Projects to Assist in Hydropower Expansion
Cavico Corp. focuses on large infrastructure projects and construction, as well as urban developments, in Vietnam. The company recently issued a press release announcing two contracts, both of which have valued revenues of $1.4 million. The companyâ??s first announcement centers on its wholly owned subsidiary Cavico Transport Construction JSC, which has inked a deal with Dakdrinh [...]
IB Times Thursday, August 20, 2009Bulk milk sales at fair net higher returns
Dairy farmers at the Erie County Fair are earning premium prices for milk shipped from the fairgrounds this year.
Biz Journal Thursday, August 20, 2009Axial Vector Energy Corp. (AXVC.PK) Applies for Grant for Joint Ownership of Engine Production Facility
Axial Vector energy Corp. is a global solutions provider that owns, develops, licenses and invests in revolutionary technologies. These include technologies with potential in military, industrial and commercial applications such as power generation and engine technologies. Axial Vector Energy (AVEC) recently announced that it has applied for federal grants and loan funding to assist the co-ownership [...]
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