Australian Core Inflation Quickens; Currency Gains as Rate-Cut Bets Pared - Bloomberg
January 25th, 2012
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The United States has reached a deal to sell $3.48 billion worth of missiles and related technology to the United Arab Emirates, a close Mideast ally, as part of a massive buildup of defense technology among friendly Mideast nations near Iran.
Pentagon spokesman George Little announced the Christmas Day sale on Friday night.
He noted that the […]
LMI Aerospace Inc., a St. Charles-based provider of engineering services and components to the aircraft industry, reported net income for the third quarter of $4.1 million, or 35 cents per share, compared with $2.6 million, or 23 cents a share, in the third quarter of 2010. Sales of $64.8 million in the third quarter were […]
The manufacturing disruptions from the flooding in Thailand are continuing to take their toll on Japanese automakers.
Honda Motor Co. said Friday it is still unclear when its flooded Thai auto plant that has annual capacity of 240,000 vehicles can restart production. The automaker said production reductions will continue in Japan, North America and Europe, as […]
Lennar Corp.’s fiscal third-quarter net income dropped 31 percent as the company delivered fewer homes.
But the homebuilder said Monday that demand is picking up somewhat, driven by low home prices and low interest rates.
The company earned $20.7 million, or 11 cents a share, for the three months ended Aug. 31. That compares with net income […]
Lenovo Group, the world’s No. 3 personal computer manufacturer, said Thursday its profit in the latest quarter nearly doubled on strong sales in emerging markets.
Profit for the three months ending June 30 was $108 million, or 1.11 U.S. cents per share, up 98 percent from a year ago, the company said. It said sales rose […]
Filed under: mortgage, technology by Forest
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Wholesale companies added more autos, machinery and computers to their stockpiles in June, pushing inventories up for the 18th consecutive month.
Sales at the wholesale level rose 0.6 percent in June, the Commerce department said Wednesday. That followed a 0.3 percent drop in May. Sales have risen in 10 of the past 12 months.
Stockpiles increased 0.6 […]
Procter & Gamble Co. plans to seek out new consumers in emerging markets around the globe while giving shoppers in the U.S. and other developed markets more choices in products and prices as their countries’ economies continue to sputter.
The maker of Gillette shavers, Tide detergent and Pamper diapers reported double-digit net income and revenue increases […]
Filed under: interest rate, mortgage by Forest
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Even the human bloodstream isn’t safe from computer hackers.
A security researcher who is diabetic has identified flaws that could allow an attacker to remotely control insulin pumps and alter the readouts of blood-sugar monitors. As a result, diabetics could get too much or too little insulin, a hormone they need for proper metabolism.
Jay Radcliffe, a […]