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Stocks Climb on Decline in Oil Prices A decline in oil prices is giving some stocks a modest boost. The Dow Jones Industrial Average is up 9 points in today #39;s early going. | 2 |
Update 1: Gazprom Board Approves Plan for Yukos Bid Russia #39;s state-controlled gas giant Gazprom approved a plan to bid for Yukos #39; core production unit Wednesday amid reports that the company was negotiating to secure a euro10 billion (US\$13 billion) loan from a group of Western banks to support its offer. | 2 |
Aussies level series with win A lower-order fightback was not enough to save New Zealand as Australia levelled the Chappell-Hadlee Trophy series after a thrilling 17-run win in Sydney. | 1 |
Black Watch mission #39;exceptional #39; Defence Secretary Geoff Hoon has played down suggestions that there could be further UK troop re-deployments in support of US operations in Iraq. | 0 |
PMs publish devolution proposals The British and Irish prime ministers are publishing their proposals to restore devolution in NI. | 0 |
Saudi Questions Need for OPEC Supply Cuts CAIRO (Reuters) - OPEC's top producer Saudi Arabia on Wednesday questioned the need for the cartel to bolster oil prices by cutting supply, saying the kingdom would keep crude output at current high levels as long as customers wanted it. | 2 |
Hoon plays down new Iraq troop move Defence Secretary Geoff Hoon has played down the prospect of fresh deployments of British troops into the American-controlled sector of Iraq. | 0 |
Toro Earnings Rise; Dividend Doubled CHICAGO (Reuters) - Lawn-care equipment maker Toro Co. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=TTC.N target=/stocks/quickinfo/fullquote">TTC.N</A> on Wednesday reported stronger-than-expected quarterly earnings and doubled its dividend, citing increased sales and its streamlining efforts. | 2 |
Tax bill hits Russian mobile firm Mobile operator Vimpelcom is the latest Russian firm to be hit with a heavy bill for back taxes | 2 |
Goldman Cuts Wal-Mart Rating NEW YORK (Reuters) - Wal-Mart Stores Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=WMT.N target=/stocks/quickinfo/fullquote">WMT.N</A>, the world's biggest retailer, suffered another blow to its star status on Wednesday when a leading U.S. investment bank downgraded the company's stock. | 2 |
IBM Sells PC Biz to Lenovo for \$1.75B , 12/8/2004. IBM #39;s awaited personal computing division sale to Lenovo Group Ltd. became official this morning with an announcement that Big Blue will pass the unit to China #39;s number one PC maker for \$1.75 billion. | 2 |
TELECOM: FT, REORGANISATION MAKES COMPANY MORE #39;NORMAL #39; (AGI) - Rome, Italy, Dec. 8 - The merger between Telecom Italia and its mobile arm, Tim, will make the company more normal and will sign the quot;end of the biggest Italian soap opera quot;. | 2 |
Sports Car Revamp Revs Up Porsche Sales German carmaker Porsche expects its streak of strong earnings to continue in the current fiscal year that ends in July, the company said on Wednesday. | 2 |
Nortel expects drop in 2003 net earnings TORONTO -- Nortel Networks Corp., which is in the process of resolving an accounting mess that will result in restatements of prior years #39; earnings, expects a 28 percent reduction in previously announced net earnings for 2003, compared with its previous | 2 |
Mozilla Thunderbird 1.0 takes off Mozillas latest launch, the standalone Thunderbird 0.9 email client, has captured the attention of the mainstream media who are happily trumpeting its arrival and linking it to the hugely popular Firefox browser, which is giving Microsofts Internet | 3 |
NVIDIA Partners With Sony NVIDIA, graphics card manufacturer, has reported that it #39;s partnering up with Sony on the graphics hardware for PlayStation 3. The companies have been developing a custom graphics processing unit (GPU) incorporating next-generation GeForce technology | 3 |
Do they know it #39;s Christmas? Watching the Jonathan Woss Show last week, I was more than impressed with U2 #39;s fabulous live performance, thinking that the Irish supergroup were right back at the top of their form. | 3 |
Playstation Supplies #39;Tight #39;, Admits Sony Sony was forced to admit today that availability of its PlayStation 2 (PS2) games console in UK shops would be tight before Christmas. | 3 |
PalmSource to Extend Leadership in Phone Software With Acquisition <b>...</b> SUNNYVALE, Calif., Dec. 8 /PRNewswire-FirstCall/ -- PalmSource, Inc. (NASDAQ:PSRC), provider of Palm OS(R), a leading operating system powering next generation mobile devices and smartphones today announced | 3 |
Thompson Does Not Fear O #39;Neill Exit Celtic midfielder Alan Thompson insists fears Martin ONeill might have managed Celtic in Europe for the final time will prove unfounded. | 1 |
High Court rules against Ecclestone in F1 case The High Court ruled on 6 December in favour of the three banks which own 75 per cent of F1 #39;s commercial rights being permitted to appoint directors to Formula One Holdings. | 1 |
Redknapp appointed Southampton boss (AFP) AFP - Harry Redknapp was appointed manager of Premiership strugglers Southampton just two weeks after quitting their arch south-coast rivals Portsmouth. | 0 |
Separation Makes Algeria, Morocco Bad Neighbors (Reuters) Reuters - They share the same language,\religion and culture but the dramatically different political\histories of Algeria and Morocco have bred mistrust and enmity. | 0 |
Ukraine Parliament Votes for Sweeping Electoral Changes In the biggest shift, legislators gave themselves the power to elect the premier, removing that choice from the president. | 0 |
Hold the Risotto, Make It Fried Rice When the renowned cookbook author Marcella Hazan comes to New York, Italian food is not uppermost on her mind she eats Chinese. | 0 |
Colgate-Palmolive to Cut 4,000 Jobs Description: Colgate-Palmolive says it will cut more than 4,000 jobs and close a third of its factories worldwide. The company plans to use the savings for advertising and new product development. | 2 |
Court weighs wine shipping rules Rogue Valley wine shippers hope the US Supreme Court agrees with arguments presented Tuesday on behalf of small wineries. The high court was told state laws barring people from buying wine directly from out | 2 |
Apple Threatens Owner of iTunes Domain Apple has taken steps to take ownership of the iTunes.co.uk domain name from its current owner, with the company formally complaining to Nominet, the UK domain name registrar, that it is entitled to the domain. | 3 |
Halo 2 heralds traffic explosion The growing popularity of online gaming could spell problems for net service firms, warns network monitoring company Sandvine. It issued the warning following analysis which shows that Traffic on the Xbox | 3 |
PalmSource to build Palm OS on Linux PalmSource is to create a new version of the Palm OS with Linux at its core, the company said today after announcing a plan to buy Chinese phone software company China MobileSoft (CMS #39;). | 3 |
McCARTHY SLAMS HIS OWN #39;STUPID #39; FANS South African international Benni McCarthy has criticised Porto fans who taunted two Chelsea players with racist chants during their Champions League clash. | 1 |
For Petrino, all that #39;s at stake is his legacy So the slot machine stopped and flashed three cardinals. The University of Louisville is a winner. It gets to keep what it already possesses: football coach Bobby Petrino. | 1 |
Vaughan misses the tour opener ENGLAND captain Michael Vaughan has decided to rest for the opening match of their South Africa tour against Nicky Oppenheimer #39;s XI in Randjesfontein today. | 1 |
Rawlings Accuses Obasanjo of Interference Ghanaians went to the polls yesterday to elect a new President and members of Parliament with former President Jerry Rawlings accusing Nigerian President Olusegun Obasanjo of undue interference in the electoral process. | 0 |
Merck #39;s Irrelevant Guidance The Whitehouse Station, NJ-based drug giant held its traditional yearly conference call announcing earnings guidance for next year. | 2 |
CalPERS unveils managmement fees in settlement of open records <b>...</b> The nation #39;s largest public pension fund has agreed to disclose more than \$200 million in annual money management fees to settle a lawsuit by a media coalition. | 2 |
Gerrard aiming high Steven Gerrard insists he #39;ll not accept quot;second best quot; by crashing out of the Champions League and into the Uefa Cup. | 1 |
Red Bull tonic for David... David Coulthard is to test for the Red Bull Racing F1 team in Jerez, Spain, this week. He will join the team to drive the team #39;s 2004 car, the R5. | 1 |
Gazprom gets go-ahead for Yukos Russian gas monopoly Gazprom gets government approval to make a bid for Yugansk, the main production arm of stricken oil firm Yukos. | 2 |
Aetna Ends Magellan Mental Health Deal CHICAGO (Reuters) - Aetna Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=AET.N target=/stocks/quickinfo/fullquote">AET.N</A> on Wednesday said it will end its contract with Magellan Health Services <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=MGLN.O target=/stocks/quickinfo/fullquote">MGLN.O</A> for mental health coverage and bring those services in-house, pushing shares of Magellan down about 3.5 percent. | 2 |
Analysis: IBM adjusts to harsh PC market DECEMBER 08, 2004 (IDG NEWS SERVICE) - Perhaps it isn #39;t quite as surprising as if Ford suddenly decided to sell its Mustang sports car brand to Hyundai. | 2 |
Goldman Cuts Wal-Mart Rating Wal-Mart Stores Inc. (WMT.N: Quote, Profile, Research) , the world #39;s biggest retailer, suffered another blow to its star status on Wednesday when a leading US investment bank downgraded the company #39;s stock. | 2 |
Iraqis Consider Extending Election Amid Violence (Reuters) Reuters - Iraq may modify plans for its first\free election to give people more time to vote next month,\officials said Wednesday as suicide bombers and gunmen again\struck Sunni Muslim towns north and west of the capital. | 0 |
Dual DVD, HD-DVD Disc Developed Memory-Tech will start mass production late next year of read-only discs that can contain data stored in both DVD and HD-DVDs (High Definition/High Density-DVDs) layers, a company executive says. | 3 |
PalmSource buys into China, Linux com December 8, 2004, 7:53 AM PT. PalmSource, which makes software for mobile devices, said Wednesday that it has agreed to acquire China MobileSoft in a deal expected to expand the | 3 |
Oracle, Dell to boost grid standards Dell Inc. chairman Michael Dell announced a long-term partnership between his company and other hardware and software vendors to develop best practices in deploying a grid computing infrastructure. | 3 |
Driver #39;s license gets new high-tech features Governor Pawlenty unveils a new Minnesota driver #39;s license today -- one that contains high-tech features. The new license includes a reflective image of a row of loons that seem to quot;float quot; when viewed from different angles. | 3 |
Porto #39;s desire is winning factor CHELSEA manager Jose Mourinho said Porto #39;s better motivation earned them a place in the next phase of the Champions League and sent the Londoners crashing to their first defeat of the competition. | 1 |
US ; NBA Wrap: Nowitzki Leads Dallas Past Minnesota Dallas pulled away in the second half after leading by just four points at the half, out-rebounding the T-Wolves 54-35. Minnesota was without Latrell Sprewell, who was suspended for one game by the NBA for | 1 |
MLB Players Open to Changes in Steroids Testing (Reuters) Reuters - The Major League Baseball\Players Association announced Tuesday it would work toward a\new agreement with owners for tougher steroid testing. | 1 |
Samarra sees repeated attacks, British defense minister visits <b>...</b> Insurgents launched a string of assaults around the city of Samarra on Wednesday, trading gunfire with US forces, attacking a US convoy | 0 |
Ukraine's Opposition Sees Path to Victory KIEV, Ukraine (Reuters) - Opposition hopeful Viktor Yushchenko said Wednesday a parliamentary vote to root out cheating in elections opened the way for him to win a re-run of a rigged presidential poll. | 0 |
N. Irish Deal Stalls Over IRA Arms Pictures BELFAST, Northern Ireland (Reuters) - A major push to seal a political settlement for the turbulent British province of Northern Ireland stalled at the last moment Wednesday over demands for photographic evidence of IRA guerrillas scrapping their arms. | 0 |
IBM sells PC business to China BEIJING - Lenovo Group has agreed to pay US\$1.25 billion (\$1.75 billion) for IBM #39;s personal computer business, lifting China #39;s largest PC maker to third in global rankings and giving it a globally recognised brand. | 2 |
Crude oil prices rise near US\$42 as traders await US data, OPEC <b>...</b> Crude oil prices rose Wednesday ahead of US petroleum inventory data and an OPEC meeting this week at which the group could decide on a production cut. | 2 |
Yankees acquire new leadoff man The Yankees have found a new leadoff man, signing free-agent second baseman Tony Womack to a two-year contract, Sporting News has learned. | 1 |
Peru Gunmen Seize Police Station The leader of a nationalist group that seized a remote police station, taking 10 police officers hostage, and later allegedly ambushed a police vehicle, killing four other officers, agreed Sunday to publicly lay down his weapons. | 0 |
Survivors For a vacationing family, it's been only two weeks since leaving a wintry Washington for sunny Sri Lanka, but it seems like several lifetimes ago. During those two weeks, they have seen both paradise and hell, and a surrealistic netherworld in between. | 0 |
Blair rejects tally of Iraq war dead Tony Blair has rejected a call for an independent inquiry into the civilian death toll in the US-led war in Iraq. The call came on Wednesday in an open letter to the | 0 |
Cardinals Re-Sign Morris The St. Louis Cardinals and pitcher Matt Morris agree to a one-year, \$2.5 contract. | 1 |
Bank on course to freeze rates Experts expect the Bank of England to leave interest rates on hold at 4.75 on Thursday. | 2 |
Oil Rebounds on Winter Supply Worries Oil prices jumped from a four-month low on Wednesday as slow growth in US heating fuel inventories heightened fears for tight winter supplies. | 2 |
Branson Predicts Price War as Virgin Adds Sydney Flights Virgin will use Airbus A340-600 aircraft on the London-Sydney route, but plans to increase capacity by using Boeing 747s or adding a second daily service. | 2 |
Update 3: Merck Slashes Its 2005 Estimates on Vioxx The withdrawal of painkiller Vioxx will reduce 2005 earnings of Merck amp; Co. Inc. to between \$2.42 and \$2.52 a share, below the already diminished expectations of Wall Street analysts, the huge drug maker said Wednesday. | 2 |
Update 1: Toro 4Q Profit Soars 23 Percent Lawnmower manufacturer Toro Co. on Wednesday said its profit grew 23 percent in the fourth quarter, helped by higher sales across all of its product segments and a surge in overseas demand. | 2 |
Wal-Mart suffers another blow Goldman cuts No. 1 retailer #39;s rating to quot;in-line quot; from quot;outperform quot; on heels of weak November sales. NEW YORK (Reuters) - Wal-Mart Stores Inc, the world #39;s biggest retailer, suffered another blow to its star | 2 |
Sirius falls after analyst says stock overvalued Shares of Sirius Satellite Radio Inc. (SIRI.O: Quote, Profile, Research) fell as much as 27 percent in early trading on Wednesday after an investment firm said the stock was overvalued | 2 |
Canadian Gold Doesn #39;t Glitter No news was good news for South Africa #39;s Harmony Gold Mining Company (NYSE: HMY) today. Over at rival and takeover target Gold Fields Limited (NYSE: GFI), a shareholder vote was held to endorse | 2 |
PalmSource to Acquire China MobileSoft, Develop for Linux PalmSource today announced entry into an agreement for the acquisition of China MobileSoft Limited (CMS), a leading Chinese mobile phone software company with business operations headquartered with its wholly-owned subsidiary, MobileSoft Technology | 3 |
Apple in cybersquatting fight over iTunes US computer giant Apple is locked in a cybersquatting battle with a 22-year-old London Internet whiz kid over the itunes.co.uk website, a domain the company wants for its chain of iTunes online music stores. | 3 |
Dell, EMC, Intel and Oracle Line Up on the Grid Dell will provide an enterprise networked server infrastructure consisting of dual Intel Xeon and four-way Intel Itanium processor-based PowerEdge servers. | 3 |
Chicken Genome Could Shed Light on Human DNA A new US study says about 60 of the genes in chickens are closely related to those found in humans. In fact, the recently deciphered chicken genome should prove a valuable tool for learning about the human | 3 |
NASA: Hubble Fix Pricey, Not Guaranteed Earlier this year, NASA administrator Sean O #39;Keefe nixed a final shuttle service mission to Hubble scheduled for mid-2006, saying it posed too much of a risk to the lives of astronauts. | 3 |
Driver #39;s license gets new high-tech features Minnesota will soon begin issuing new driver #39;s licenses that contain high-tech features to curb counterfeiting, as well as a quot;status check quot; that will show a driver #39;s immigration status. | 3 |
Witness against Sharman switched sides One of the witnesses against Sharman Networks had at one time offered to be an expert witness for the company in the civil trial now taking place in Australia, according to Sharman #39;s attorney. | 3 |
Microsoft in final testing on Windows Server 2003 SP1 The software was originally scheduled to ship by the end of the year, but in October Microsoft pushed the release date into the first half of 2005. | 3 |
IOC Sets Up Disciplinary Commission To Investigate Jones Doping <b>...</b> The International Olympic Committee (IOC) announced Tuesday that IOC President Jacques Rogge has set up a Disciplinary Commission to investigate remarks on ABCs 20/20 Friday, made by Victor Conte, head of the California-based Balco laboratory, on ABC | 1 |
Red Bull Racing confirms David Coulthard to join team for testing <b>...</b> Red Bull Racing confirmed today that as part of the continued winter test programme, David Coulthard will join the team in Jerez (Spain) this week driving the 2004 car, the R5. | 1 |
England openers lead victory charge Marcus Trescothick and Robert Key led England to a convincing eight-wicket victory in their first match of the South African tour. | 1 |
Utah hires Whittingham to replace Meyer Utah defensive coordinator Kyle Whittingham was hired as the school #39;s football coach to replace Urban Meyer. Whittingham rejected an offer from rival BYU to take the Utes #39; job. | 1 |
Prosecutor #39;s Announcement on Brawl Charges to Come Wednesday brings the next step for Pacers players and Piston fans facing disciplinary action following the melee in Detroit. Various news reports say a prosecutor in Detroit is expected to make a major announcement this afternoon. | 1 |
Putin, Annan emphasize role played by UN in settling international <b>...</b> MOSCOW. Dec 8 (Interfax) - Russian President Vladimir Putin and UN Secretary General Kofi Annan have emphasized the unassailable central coordinating role played by the United Nations in resolving international | 0 |
US urges China to bring North Korea to talks The United States has urged China to work harder to persuade North Korea to return to talks over its nuclear weapons drive. US special envoy, Joseph DeTrani, has asked Beijing to step up efforts to bring Pyongyang | 0 |
148 unarmed Palestinians killed in West Bank in 2004: Israeli army The Israeli army said on Wednesday that a total of 148 unarmed Palestinians have been killed in the West Bank this year. A senior Israel Defense Forces (IDF) officer released | 0 |
Security in Sudan Deteriorating, UN Official Warns Throughout November violence in Sudan increased and there has been quot;a marked deterioration quot; in Darfur, a senior UN official told the Security Council December 7. Undersecretary-General for Political Affairs | 0 |
Pope condemns Iraq church attacks Pope John Paul II has spoken out against attacks on Iraq #39;s Christian community after the bombing of two churches in the northern city of Mosul. | 0 |
Oil Rebounds on Winter Supply Worries LONDON (Reuters) - Oil prices jumped from a four-month low on Wednesday as slow growth in U.S. heating fuel inventories heightened fears for tight winter supplies. | 2 |
Stocks Rise; Healthcare Sector Climbs NEW YORK (Reuters) - U.S. stocks rose on Wednesday, a day after a sharp sell-off, as value investors picked up shares in lagging sectors such as healthcare. | 2 |
Mortgage Applications Up - MBA NEW YORK (Reuters) - New applications for U.S. home mortgages rose last week as lower interest rates spurred purchases, an industry group said on Wednesday. | 2 |
Utah Hires Whittingham Defensive coordinator Kyle Whittingham replaces Urban Meyer as the new head coach at Utah on Wednesday. | 1 |
WestJet Estimates Cut on Load Factor Woes MONTREAL (Reuters) - Analysts chopped their fourth-quarter profit estimates for WestJet Airlines Ltd. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=WJA.TO target=/stocks/quickinfo/fullquote">WJA.TO</A> on Wednesday and braced for turbulence in its share price, mainly because of computer woes that hurt its online reservations bookings. | 2 |
Download Tonight's Perfume A Japanese firm pioneers a system to share fragrances over the internet. Also: A Bollywood movie makes its debut on cell phones hellip;. Merck smarting from Vioxx pull hellip;. and more. | 2 |
Milk shake-up as dairies merge A Scandinavian and a Dutch dairy announce plans to merge and create a co-operative of 21,000 farmers. | 2 |
Global Hawk Costs Soar Cost overruns won't endanger Northrop Grumman's latest surveillance aircraft program, but federal budget cuts will likely hamper future defense contracts. | 2 |
Enter your e-mail: If you #39;ve been a computer user for as long as I have, you still remember the day in 1981 when IBM introduced its first PC. It was far from the first personal computer, but it quickly reinvented an industry that was just beginning to take off. | 2 |
Trip for Clean Water Kits Proves a Tortuous One By the time the first truckload of clean water solution reached the refugee camp in Desa Rueng Bakjok village on Sunday, about 50 of the 1,000 people living here on muddy ground under plastic tarps were suffering from dehydration and diarrhea. | 0 |
Nomar Garciaparra Stays With Cubs Nomar Garciaparra stayed with the Chicago Cubs, Brad Radke remained with Minnesota and the New York Yankees looked ahead to deals with pitcher Jaret Wright and second baseman Tony | 1 |
India, Pakistan say need more talks on Kashmir bus India and Pakistan were unable to agree on starting a bus service between the capitals of divided Kashmir in two days of talks which ended in New Delhi on Wednesday and said they would need more discussions. | 0 |
Leiter rejoins Marlins pitching corps MIAMI -- Pitcher Al Leiter has been high atop the Florida Marlins wish list for a while. Wednesday morning that wish came true at Pro Player Stadium during a conference call between team officials and the press. | 1 |
NASD Warns of Risky Home-Equity Investing (Reuters) Reuters - Too many house-rich Americans are\borrowing money against their homes to play the stock market,\brokerages regulator NASD warned on Wednesday. | 2 |
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