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Sat, 7 Nov 2009 13:34:00 GMT

Qatar's economy shrinks nominal 4.3 pct q/q in Q2

Source: Middle East (UAE and GCC) Finance and Investment News. Qatar's nominal gross domestic product fell 4.3 percent in the second quarter compared with the previous three months, hit by a slump in natural gas prices, preliminary official estimates
Sat, 7 Nov 2009 13:34:00 GMT

Gulf firms test IPO market, activity still tepid

Source: Middle East (UAE and GCC) Finance and Investment News. Plans for three Gulf IPOs announced in the past week don't change the picture of a slow pickup in company flotations in the region. 'The broader market needs to stabilize first and valuations
Sat, 7 Nov 2009 13:34:00 GMT

MGM Mirage Posts $750.4 Million Third-Quarter Loss on Writedown

Source: Middle East (UAE and GCC) Finance and Investment News. MGM Mirage, the biggest casino owner on the Las Vegas Strip, reported a $750.4 million third-quarter loss after writing down its CityCenter investment. Excluding the charges, the company beat
Sat, 7 Nov 2009 13:34:00 GMT

Investing books that just keep paying dividends

Boost your investor IQ with a good book. Here are five to check out: -- "A Random Walk Down Wall Street," by Burton Malkiel (W.W. Norton). A classic primer providing basic tips, such as establishing investment goals and tailoring your holdings to your
Sat, 7 Nov 2009 13:33:00 GMT

ADM elects directors, declares cash dividend

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Sat, 7 Nov 2009 13:31:00 GMT

These Dividend Stocks Won't Let You Down

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Sat, 7 Nov 2009 13:29:00 GMT

BNP Paribas Q3 profit leaps 45%

(Infocast News) BNP Paribas SA announced that its net profit for the third quarter this year rose 45% on year to EUR1.31 billion. Analysts had looked for a net profit of EUR1.26 billion. The profit was boosted by the contribution from purchased Fortis
Sat, 7 Nov 2009 13:27:00 GMT

Toyota unexpectedly reports profit for Q2

(Infocast News) Toyota Motor had a net profit of YEN21.84 billion for the fiscal second quarter ended September 30, down 84% from a year ago. Analysts had expected a loss of YEN25 billion. The world's largest automaker narrowed its loss outlook for the
Sat, 7 Nov 2009 13:26:00 GMT

Deutsche Telekom Q3 NP up 7.2%

(Infocast News) Deutsche Telekom AG had a net profit of EUR959 million for the third quarter, up 7.2% compared to the same quarter of 2008, as earnings grew upon cost control. Analysts had expected net profit of EUR829 million. EBITDA increased by 5.2%
Sat, 7 Nov 2009 13:26:00 GMT

New Zealand's Q3 jobless rate rises to 6.5%

Statistics New Zealand announced that the seasonally adjusted third-quarter jobless rate was 6.5%, which was higher than market expectations of 6.4%. The employed population decreased by 0.8%, which was also higher than market expectations of 0.3%. -
Sat, 7 Nov 2009 13:26:00 GMT

IATA: First-quarter losses at $3.3 billion; full-year 'record decline' seen in cargo revenue

Fifty airlines that so far have reported first-quarter financial results have posted a combined $3.3 billion net loss for the period, IATA reported yesterday, also noting that revenue from cargo is expected "to show a record decline in 2009." Posted
Sat, 7 Nov 2009 13:23:00 GMT

Aeroflot posts $22.7 million first-quarter profit

Aeroflot said its "prompt steps to balance income and expenditures" during the first quarter, along with favorable exchange rates, helped it post a RUB713.1 million ($22.7 million) net profit. It flew 5.39 billion RPKs in the quarter, down 3.8%
Sat, 7 Nov 2009 13:23:00 GMT

These Dividend Stocks Won't Let You Down

It used to be that if you were a risk-averse investor, you could count on to hold their own no matter what the market was doing. Lately, though, no company has been completely safe from the impact of the recession, and shareholders in hundreds of
Sat, 7 Nov 2009 13:22:00 GMT

HC Securities Raises Earnings Forecasts for UNB

Brokerage HC Securities has raised its 2009 and 2010 earnings estimates for Union National Bank, citing its better-than-expected performance in the third quarter, and expectations of lower provisions for losses in 2010.
Sat, 7 Nov 2009 13:21:00 GMT

SpiceJet narrows fourth-quarter loss

SpiceJet reported a INR78 million ($1.6 million) loss in the fiscal fourth quarter ended March 31, narrowed from a INR1.24 billion deficit in the year-ago period. The New Delhi-based LCC did not provide its full-year result. It lost INR180 million in its
Sat, 7 Nov 2009 13:20:00 GMT

Norwegian soars to record second-quarter profit

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Sat, 7 Nov 2009 13:19:00 GMT

Kraton Polymers LLC Announces Third Quarter 2009 Earnings Release Conference Call and Webcast

Kraton Polymers LLC (Kraton), a leading global producer of styrenic block copolymers, announced that it has scheduled a conference call on Thursday, November 12, 2009 from 9:00-10:00 a.m. Central Time (10:00-11:00 a.m. Eastern Time) to discuss third
Sat, 7 Nov 2009 13:19:00 GMT

American posts $390 million second-quarter loss as revenue falls 20.9%

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Sat, 7 Nov 2009 13:19:00 GMT

Allegiant's second-quarter profit soars more than ninefold

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Sat, 7 Nov 2009 13:18:00 GMT

Smaller ExpressJet reports narrowed second-quarter loss

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Sat, 7 Nov 2009 13:18:00 GMT

Alaska Air Group posts $29.1 million second-quarter profit

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Sat, 7 Nov 2009 13:18:00 GMT

Hawaiian posts $27.5 million second-quarter profit

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Sat, 7 Nov 2009 13:17:00 GMT

EADS second-quarter profit up 76%; Airbus targets 300 gross orders

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Sat, 7 Nov 2009 13:17:00 GMT

Lufthansa posts second-quarter profit, remains in half-year hole

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Sat, 7 Nov 2009 13:17:00 GMT

El Al reports smaller first-quarter loss

El Al reported a $39.8 million first-quarter loss, narrowed 20.4% from the $50 million deficit posted last year. Revenue was down 26% to $346.7 million as passenger numbers fell 13% year-over-year. "Strict management of expenses together with the drop in
Sat, 7 Nov 2009 13:17:00 GMT

Air Berlin focuses on Europe as first-quarter loss widens

Air Berlin lost €88.4 million ($123.4 million) in the first quarter, widened 48.3% from its €59.6 million deficit in the year-ago period, although revenue and yield rose and its impending partnership with TUIfly appears to be on the verge of being
Sat, 7 Nov 2009 13:16:00 GMT

Aegean posts rare first-quarter profit

Aegean Airlines reversed its traditional first-quarter deficit, posting a €4.6 million ($6.4 million) profit compared to a €4.4 million loss in the year-ago period, crediting falling oil prices, fleet renewal and reduced distribution costs owing to
Sat, 7 Nov 2009 13:16:00 GMT

Repsol may cut 2009 dividend by 19 pct-paper

MADRID, Nov 7 (Reuters) - Spain's Repsol (REP.MC: Quote, Profile, Research) may cut the dividend to be paid against its 2009 results by 19 percent from a year ago amid an expected sharp drop in earnings, El Economista newspaper said on Saturday, without
Sat, 7 Nov 2009 13:16:00 GMT

AirAsia continues to soar, reports $58 million first-quarter profit

"Robust" growth in passenger numbers and ancillary revenue helped boost AirAsia to a MYR203.2 million ($58 million) first-quarter profit, up 26% from the MYR161.3 million reported in the year-ago period. Posted 29/05/2009 "Robust" growth in passenger
Sat, 7 Nov 2009 13:16:00 GMT

Asiana suffers heavy full-year, first-quarter losses

Asiana Airlines suffered a KRW227.17 billion ($183.5 million) loss in 2008, reversed from a KRW106.26 billion profit the prior year as the value of the won collapsed against the dollar and the Korean economy faltered, and followed that with an even
Sat, 7 Nov 2009 13:16:00 GMT