Expeditors Falls After 4Q Misses Views
Forbes - Shares of Expeditors International of Washington Inc. fell in trading Tuesday, after the freight forwarder and logistics provider said its fourth-quarter results missed Wall Street’s expectations. The company said profit rose 12 percent from a year
European Indexes Advance
BusinessWeek - The FTSE 100 closed sharply higher, tracking solid gains on Wall Street and by European equities, after Warren Buffett unveiled plans to rescue bond insurers, offering to reinsure US$800bn in municipal bonds. Good earnings news from GM, Monsanto and
Brooks Automated shares fall on 1Q loss
Boston Globe - Brooks also issued fiscal second-quarter guidance below Wall Street estimates, adding that it is in the midst of reducing its global staffing. “Our results in the quarter are reflective of the difficult external environment that exists in the
Vertex Shares Fall on Costs
Forbes - Shares of Vertex Pharmaceuticals Inc. sunk to their lowest level in several years as costs widened the company’s fourth-quarter loss and played a factor in a 2008 outlook below Wall Street expectations. The stock fell $1.50, or 8.2 percent, to $16.71
London shares close higher; financials rally; NY up on Buffett bonds
Forbes - LONDON (Thomson Financial) - Leading shares closed with strong gains today mirroring a hefty morning advance on Wall Street headed by financials as the market reacted to news billionaire investor Warren Buffett is to offer help to troubled bond
Buffett’s No Godfather to Bond Insurers
Street.Com - While Warren Buffett might be one of the savviest investors on Wall Street, his offer to struggling bond insurers proves he’s no Vito Corleone: It’s an offer they have the ability to refuse. The Oracle of Omaha’s offer, made public Tuesday in an interview with CNBC
Danish shares close sharply higher led by Vestas, AP Moller-Maersk
Forbes - COPENHAGEN (Thomson Financial) - Danish shares shut sharply higher, led by Vestas Wind Systems and AP Moller-Maersk and supported by a strong opening rally on Wall Street, headed by financials as the market reacted to news billionaire investor
Buffett offers to help ailing bond insurers
CNN Money - NEW YORK (FORTUNE) — Billionaire investor Warren Buffett said Tuesday he’s offering to take over the liabilities of the troubled bond insurers, whose shaky finances have regulators and Wall Street greatly alarmed. The billionaire’s Berkshire
US STOCKS-Buffett’s bond insurer plan lifts Wall Street
Reuters - NEW YORK, Feb 12 (Reuters) - U.S. stocks rose on Tuesday, as optimism about a possible rescue plan for bond insurers fueled gains among financial shares, including Citigroup. Billionaire investor Warren Buffett said he’d made a pitch to the three
German shares up in afternoon as Wall Street seen higher, US mortgage
CNBC - FRANKFURT (Thomson Financial) - German shares were markedly higher in afternoon trade as local indices were given a boost from an anticipated higher opening on Wall Street and as investors awaited details of a joint public/private plan to help at
UPDATE 2-Entegris sees Q4 rev below Street view; to cut 75 jobs
Reuters - BANGALORE, Feb 12 (Reuters) - Semiconductor subsystems maker Entegris Inc (ENTG.O: Quote , Profile , Research ) forecast first-quarter revenue below Wall Street estimates as it sees capital spending in the industry to be soft in the first half of
Wall Street gets into gear
CNN Money - NEW YORK (CNNMoney.com) — Stocks tick higher Tuesday as investors cheer news that Warren Buffett is making a move to prop up bond insurers while earnings from beleaguered automaker General Motors contain mixed messages. The Dow Jones industrial
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