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Mon, 12 May 2008 12:35:00 GMT

Medarex first - quarter profit falls; adjusted results beat Wall Street's expectations

PRINCETON, N.J. (AP) - Biotechnology company Medarex Inc. said Monday its first-quarter profit fell 6 percent, but adjusted results beat Wall Street's expectations. For the three months ended March 31, the company reported income of $103.3 million, or 76
Mon, 12 May 2008 12:35:00 GMT

Anaheim University Ranks #1 in Japan's Nikkei BP MBA Rankings

-- Anaheim University's MBA programs soared up the list in this year's key Nikkei Business Publications annual rankings to take the number 1 position in Japan. In what is a culmination of upward trends for the California-based university over the last 6
Mon, 12 May 2008 12:34:00 GMT

Nikkei Stock Average closed 88.02 points higher to 13,743.36

TOKYO - The Nikkei Stock Average of 225 issues closed at 13,743.36 on the Tokyo Stock Exchange Monday, up 88.02 points or 2.06 per cent. | About | Contact || || || | ||| 1997- All rights reserved. . To learn about how we use your information, see our
Mon, 12 May 2008 12:33:00 GMT

Anaheim University Ranks #1 in Japan's Nikkei BP MBA Rankings

Anaheim University's MBA programs soared up the list in this year's key Nikkei Business Publications annual rankings to take the number 1 position in Japan. In what is a culmination of upward trends for the California-based university over the last 6
Mon, 12 May 2008 12:30:00 GMT

Equity markets poised to handle inflation pressures: Citi

NEW DELHI: Equity markets in emerging and developed nations are well placed to shoulder the mounting pressure from rising levels of inflation as they are currently at attractive valuations, Citigroup says. 'Equities seem well placed to weather further
Mon, 12 May 2008 12:28:00 GMT

First platinum ETNs expected to list on NYSE Arca

BOSTON (Dow Jones) -- A pair of exchange-traded notes giving investors both long and short exposure to the movement of platinum prices could launch on the New York Stock Exchange as early as Friday, giving individuals a way to invest in the precious
Mon, 12 May 2008 12:26:00 GMT

Thai Fin Min: Coup Unlikely, But Speculation Hurts Stock Market

BANGKOK -(Dow Jones)- Thai Finance Minister Surapong Suebwonglee said Monday he doesn't believe another coup is likely but ongoing speculation of a military takeover has been hurting the stock market. 'In my point of view, a coup is unlikely to take
Mon, 12 May 2008 12:25:00 GMT

Europe: Shares gain midday

LONDON (SHARECAST) - Europe's leading exchanges gained midday, with financials on the rise after a strong performance in Asia helped HSBC report first-quarter profits ahead of last year's. However, the multi-national banking group said the outlook for
Mon, 12 May 2008 12:25:00 GMT

ASIA MARKETS: Exporters Help Tokyo Recover From Lows As Banks Drive Sydney

Australian shares, which defied regional markets' weak trend to notch gains last week, extended their rally as financials such as National Australia Bank gained ground as 'The Australian economy is looking south, but the market is looking ahead and
Mon, 12 May 2008 12:21:00 GMT

GLOBAL MARKETS - Stocks rise after HSBC; dollar firmer

supported by better-than-expected first-quarter results from HSBC which eased concerns about the banking sector, while the dollar rose towards last week's two-month peak. Major financial markets were calm after China's southwest province of Sichuan was
Mon, 12 May 2008 12:20:00 GMT

REFILE-US STOCKS-Futures rise as oil pulls back, dollar firms

in line with global equities, as the dollar strengthened and oil pulled back from record highs. Oil's record-setting run has been fueling concerns about inflation and high gasoline prices that could cut into consumers' disposable income. The dollar
Mon, 12 May 2008 12:18:00 GMT

US RESEARCH SUMMARY-Non-S&P 500 May 12 1214 GMT

FBL Financial Keefe Bruyette Raises to outperform from market (FFG.N: Quote, Profile, Research) perform, reports theflyonthewall.com --------------------------------------------------------------- ------------ Gatehouse Media BMO Cuts to underperform
Mon, 12 May 2008 12:17:00 GMT

London midday: Buoyant retailers lift Footsie

+0.72% LONDON (SHARECAST) - M&A talk over B&Q owner Kingfisher has the retail sector leading Footsie higher. Kingfisher jumped to the top of the risers list on bid rumours that a private equity firm is stalking the firm. , owner of Argos and Homebase,
Mon, 12 May 2008 12:16:00 GMT

The SI Report: AnalogicTech to Ring NASDAQ Opening Bell on May 16, 2008

Extract not available.
Mon, 12 May 2008 12:15:00 GMT

Asia: Stocks Higher Despite Data

Shares in Asia overcame news of higher-than-expected inflationary data in China and lower-than-expected liquidity data in Japan to finish higher Monday. Markets in Hong Kong were closed for a religious holiday. The Japanese Nikkei finished 88 points, or
Mon, 12 May 2008 12:12:00 GMT

ASIA MARKETS: Exporters Help Tokyo Recover From Lows As Banks Drive Sydney

reversing course after dropping earlier in the session, with Japanese shares lifted by exporters such as Nikon Corp. on a pullback in the yen and with shares in Australia rallying on financials amid hopes of industry consolidation. Shares in Shanghai
Mon, 12 May 2008 12:12:00 GMT

Stocks point to higher open, oil eyed

Indian shares close higher on last-hour buying; Ranbaxy, IT stocks gain

MUMBAI (Thomson Financial) - Indian shares ended a five-day losing streak to close in the positive, backed by sustained buying in the last hour, triggered by short-covering amid firm cues from European markets. European markets were buoyed by
Mon, 12 May 2008 12:08:00 GMT

Indian shares close higher on last-hour buying; Ranbaxy, IT stocks gain

Cogent expects 1Q profit narrowly above Wall Street views

SOUTH PASADENA, Calif. (AP) - Cogent Systems Inc., which makes fingerprint-identification systems, said Monday it expects its first-quarter earnings to narrowly top Wall Street's expectations but further delayed its first-quarter report pending a
Mon, 12 May 2008 12:07:00 GMT

FTSE firmer as oil shares gain; HSBC, retailers up

LONDON, May 12 (Reuters) - The UK's blue-chip FTSE index .FTSE clung onto early gains on Monday as oil shares rose as crude prices stayed near record highs, an update from HSBC (HSBA.L: Quote, Profile, Research) pleased investors and bid talk buoyed
Mon, 12 May 2008 12:06:00 GMT

Stocks Futures Point to Modest Gains

Stock index future were pointing to a higher open Monday as traders looked to pick up equities following a selloff in the prior session. S&P 500 futures were up 3.50 points to 1392.50 and were 4 points above fair value. Futures on the Nasdaq 100 were
Mon, 12 May 2008 12:05:00 GMT

Euro Stocks to Head Lower?

Stocks headed for moderately higher open as oil falls

NEW YORK U.S. stocks headed for a moderately higher open Monday as oil prices ticked lower and the dollar advanced. Wall Street just had its first negative week in a month and investors will look to a flurry of economic figures due this week to determine
Mon, 12 May 2008 12:03:00 GMT

Energy stocks, HSBC lead European shares higher

LONDON, May 12 (Reuters) - European shares gained by midday on Monday, paring some of the losses from the previous session, as heavyweight energy stocks were supported by high oil prices and banks benefited from HSBC's first-quarter results. Shares in
Mon, 12 May 2008 12:03:00 GMT

Wall Street Dealers Show Less Interest For Fed Cash

Extract not available.
Mon, 12 May 2008 12:02:00 GMT

London's FTSE-100 index up 25.9 points at 6230.6

LONDON: Share prices on the London Stock Exchange were up midday Monday. At noon (1100GMT), the FTSE 100-share index was up 25.9 points at 6230.6.
Mon, 12 May 2008 11:59:00 GMT

Asian markets edge higher; Chinese shares rise despite earthquake, higher inflation

BANGKOK, Thailand: Asian markets edged tentatively higher Monday as investors awaited a slew of key U.S. economic data and Federal Reserve Chairman Ben Bernanke's speech this week for hints of what's in store for the U.S. economy. Shanghai's main index
Mon, 12 May 2008 11:59:00 GMT

Cogent expects 1Q profit narrowly above Wall Street views

SOUTH PASADENA, Calif. (AP) -- Cogent Systems Inc., which makes fingerprint-identification systems, said Monday it expects its first-quarter earnings to narrowly top Wall Street's expectations but further delayed its first-quarter report pending a
Mon, 12 May 2008 11:58:00 GMT

Stocks headed for moderately higher open as oil falls (AP)

By TIM PARADIS, AP Business Writer 44 minutes ago NEW YORK - U.S. stocks headed for a moderately higher open Monday as oil prices ticked lower and the dollar advanced. Stocks looked for a modest rebound Monday after Wall Street's first negative week
Mon, 12 May 2008 11:57:00 GMT

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