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business - "short"
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Australian, New Zealand and Canadian Dollars Extend Gains (Daily FX)The Australian, New Zealand and Canadian dollars extended their gains against the greenback largely due to dollar weakness as both Australian and New Zealand economic data fell short of expectations. yahoo.com Friday, June 27, 2008
News Corp. seeks to cede majority stake in NDS GroupSAN FRANCISCO (MarketWatch) -- News Corp. moved Friday to cede its majority control in NDS Group PLC , a U.K.-based pay-TV technology provider, to two companies formed by Permira Advisers LLP. News Corp. and the Permira companies said they're offering $60 a share for remaining shares of NDS they don't already own. After the transaction, the Permira companies would own 51% of NDS, and News Corp. the remaining 49%. NDS has a market cap of about $800 million. The offer represents a 20.7% premium over NDS' Friday closing price of $49.70 a share, News Corp said. News Corp. is the parent of MarketWatch.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. MarketWatch.com Friday, June 27, 2008
CDC: 810 people sickened by salmonella-tainted tomatoesSAN FRANCISCO (MarketWatch) -- Centers for Disease Control and Prevention said Friday that 810 people in 36 states and Washington, D.C. have been sickened by salmonella-tainted tomatoes since April. Texas had the highest number of incidents with 342 cases as of June 26, while New Mexico followed with 85. New cases were also reported in Maine and Minnesota. So far no deaths have been attributed to the outbreak. The agency believes the infections were caused by consumption of raw tomatoes and is investigating the specific type and source of tomatoes.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. MarketWatch.com Friday, June 27, 2008
MBIA sells municipal bonds to raise cash: reportSAN FRANCISCO (MarketWatch) -- Bond insurer MBIA Inc. is selling municipal bonds to raise cash to meet payments that were triggered by its recent downgrade by Moody's Investors Service, The wall street Journal reported late Friday in its online edition. A person familiar with the matter told the newspaper that MBIA's asset management unit was recently in the market selling at least $500 million worth of municipal bonds. Most of the bonds were reportedly sold at a profit. MBIA said last week that it may need about $2.9 billion to meet potential termination payments under guaranteed investment contracts following Moody's downgrade of MBIA Insurance Corp. to A2 from Aaa last Thursday. The bond insurer also estimated that it will be required to post about $4.5 billion in eligible collateral to satisfy potential collateral posting requirements under contracts. market pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more informati MarketWatch.com Friday, June 27, 2008
Hybrid Technologies, Inc. : Hybrid Technologies, Inc. (OTCBB: HYBR) Announces 27% Increase in Short Position Within Last 2 Weeks and 588% Short Position Increase Since February 15, 2008MOORESVILLE, NC (MARKET WIRE) Hybrid Technologies, Inc. (OTCBB: HYBR) www.hybridtechnologies.com, emerging leaders in the development and marketing of lithium-powered products worldwide, would like to provide an update of short trading activities that would be of interest to its shareholders. Market Wire Friday, June 27, 2008
Operational Issue: Corporate Actions - Correction for EPP distributionCorrection for EPP distribution Dear Customer,Please note the correction in income distribution amount in the linked file. There is no short or long term capital gain distribution as incorrectly published on 6/24/2008.Regards,NYXData TeamClick here for complete details(1 attachment) NYSE data Friday, June 27, 2008
MorrisAnderson: Aaron Gillum Joins MorrisAnderson's Chicago Office as ConsultantCHICAGO, IL (MARKET WIRE) MorrisAnderson is pleased to announce that Aaron Gillum has joined MorrisAnderson's Chicago office as a consultant. 'Aaron will be a great asset to our firm,' says Howard Korenthal, principal. 'He is very bright and, in a few short years, has garnered an impressive amount of financial, management and turnaround experience. Within a couple days of being hired, we had Aaron on a plane going to help on various client projects.' Adds Korenthal, 'As we continue to expand our offices nationwide, we are always on the lookout for young, bright consultants like Aaron.' Marketwire.com Friday, June 27, 2008
Stocks to Look at for Friday, June 27These are some stocks that have been tagged by users over at StockTickr: INGN: INTROGEN THERAPEUTICS INC Outlook: Short Industry: Drug Related Products New low on 36.35 times average volume: 2,035,531 vs. 56,000 (tags: short, New Low on Huge Volume) LMNX: LUMINEX CORPORATION Outlook: Long Industry: Medical Instruments Supls New high on 4.68 times average volume: 1,323,724 vs. 283,117 (tags: long, New High on Huge [...] Deep Market Friday, June 27, 2008
Regulators Target Short-Selling Critics say U.K. and U.S. regulators should stamp out market abuse--but not this way. Forbes Friday, June 27, 2008
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Archived "business - short" news stories.
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