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Currencies: Dollar extends gains after services, factory data The dollar extends gains after U.S. data give a mixed outlook on the services and manafucturing sectors. The greenback earlier halted its recent slide after a news report signaled foreign central banks still sought the currency as an investment. Market WatchWall Street dips on Bernanke warning US stocks declined in early trade as investors reacted to the latest data on the economy and a warning from Federal Reserve chairman Ben Bernanke. FTSun Pharma : The skies aren`t clear yet The management at Sun Pharma has indicated that sales in the current year could grow by about 13-15 per cent. Thats better than what was expected earlier and is probably because of benefits that it will get from selling a couple of productsProtonix and Ethyol---exclusively in the overseas markets. But its good news because the Rs 4,272 crore drug firm has been going through a bit of a rough patch in the US. Business StandardGucci seeks $4 mn sanction against Bank of China Gucci America Inc, the luxury company that is owned by Paris-based PPR SA, asked a US judge to hold Bank of China Ltd in contempt for failing to turn over documents and to order it to pay $4 million. Business StandardIndia: Too much too soon After the recent rally since early March, the Indian market now trades at a price-earnings multiple (P/E) of around 16.5 times one year forward earnings. While that is no longer cheap, valuations today arent as much of a concern as they were even three months back simply because the outlook for the economy has improved, courtesy a more stable government at the centre. Business StandardMystery of why Flight 447 crashed may never be solved - Times Online Times OnlineMystery of why Flight 447 crashed may never be solvedTimes Online, UKFrench authorities confirmed that seats, plastic and sections of aluminium on the surface were from the Airbus A330 that came down early on Monday while flying through severe storms from Rio de Janerio to Paris. The discovery dashed hopes that ... Feed DigestIIROC: Resume, Strategem Capital Corporation, Vesta Capital Corp., World Famous Pizza Company Ltd. and Yonge Street Capital Corp. VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2009) - The following issue(s) will resume trading on the TSXV: /T/ Company STRATEGEM CAPITAL CORPORATION TSXV Symbol SGE Resumption Time June 4, 2009 9:30AM EDT Company VESTA CAPITAL CORP. TSXV Symbol VES.P Resumption Time June 4, 2009 9:30AM EDT Company WORLD FAMOUS PIZZA formerly Brooklyn COMPANY LTD. Ventures Corp. T Market WireLondon Stks Close Down, Barclays Drops Again , IPIC and Challenger now hold 'only' 10%," the analysts said. The banking sector has led a rally for the broader market since early March and bignewsnetwork.comHeritage Oil in merger talks Company with property in Iraqi Kurdistan says it is in early discussions about possible reverse takeover The Globe and MailWhat does that mean This morning in What's Now | What's Next , we reported on the early word from a keynote address to the Computex trade show in Taiwan, from Microsoft Corporate Vice President Steven Guggenheimer. What ... Big News Network1 2 3 4 |
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