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Early market signals mixed ahead of US rate move, technology <b>...</b> TORONTO (CP) - Early indicators were mixed for North American stock markets Monday as investors weighed the impact of an expected US interest rate hike and a \$10.3-billion-US merger in the technology sector. | 2 |
Brazil #39;s CVRD CEO: Iron Ore Prices Should Rise In 2005 RIO DE JANEIRO (Dow Jones)--After jumping 9 in 2003 and 19 in 2004, iron ore prices appear likely to rise another 20 or more in 2005 as the world #39;s biggest steelmakers | 2 |
Tenet Healthcare Sees 4Q Results Below 3Q Hospital chain Tenet Healthcare Corp. said Monday that fourth-quarter results from continuing operations will fall below third-quarter levels, due to weak volumes and high bad debt expense, and forecast a slow earnings recovery in 2005. | 2 |
AMD and IBM claim 24 per cent chip speed breakthrough A new faster version #39;strained silicon #39; has been developed by IBM and AMD. The companies are claiming that the resulting transistors are up to 24 per cent faster than existing processes. | 3 |
Ericsson Expands Guangdong STOCKHOLM -- Ericsson has been awarded a USD 805 million contract by Guangdong Mobile Communication Corporation Limited (Guangdong Mobile) to expand its GSM network in Guangdong Province, China. | 3 |
Miller wins giant slalom BODE Miller won his fifth victory of the World Cup season in a giant slalom here today after the three men ahead of him all faltered. | 1 |
Porto beats Once Caldas to win Toyota Cup European champion FC Porto won the Toyota Cup on Sunday, defeating Colombia #39;s Once Caldas 8-7 in a penalty-kick shootout in a game between the top club teams from Europe and South America. | 1 |
Hinske shifts to first if Koskie signed The Blue Jays placed a phone call to Menasha, Wis., last night. As the crow flies, Menasha is about as far away from baseball #39;s winter meetings as the southernmost tip of Greenland. | 1 |
Parma Sack Baldini Silvio Baldinis adventure at Parma is over as on Monday morning the Ducali announced his sacking. This was partly due to their latest defeat at Livorno which leaves the Gialloblu firmly anchored in the last places of Serie A. | 1 |
India, Pak agree to fight narco-terrorism jointly: India News: New Delhi, Dec 13 : India and Pakistan on Monday agreed to jointly fight the war against narcotic and psychedelic substances. | 0 |
Retail Sales Rise in November Shoppers showed a bit of cheer at the cash registers in November, boosting sales at the nation's retailers by 0.1 percent. | 2 |
Oracle to Acquire PeopleSoft Business software giant Oracle Corp. announced today that it has signed a definitive agreement to acquire rival PeopleSoft Inc. after sweetening its offer by 10 percent to approximately \$10.3 billion. <FONT face="verdana,MS Sans Serif,arial,helvetica" size="-2" color="#666666"><B>-The Washington Post</b></font> | 2 |
Fed Seen Nudging Rates Higher <p>\</p><p> By Tim Ahmann</p><p> WASHINGTON (Reuters) - Federal Reserve officials are\expected to nudge interest rates up on Tuesday for a fifth time\this year, another small step in a campaign to gradually lift\borrowing costs before inflation rears its head.</p> | 2 |
Oil fall cuts raw material costs A fall in the price of crude oil pushes UK raw material prices to their lowest level in two years, official figures show. | 2 |
Mobile cash points coming soon Bank customers may soon be able to check their balances on mobile phone screens in an initiative from the Link cash machine network and Morse. | 2 |
A mixed crop for battling farms FARMERS recovering from the drought of 2002-03 have received some good news and bad: the value of crop and livestock exports is forecast to rise but the price of wool is set to fall. | 2 |
Coal deal fails to fill black hole driven by China #39;s insatiable demand for Australian coal - are expected to boost national export earnings by \$12.5 billion this year. | 2 |
Stelmar to Be Acquired for \$1.3 Billion Stelmar Shipping Ltd. on Monday said it has agreed to be acquired by Overseas Shipholding Group Inc. for \$1.3 billion, including debt assumption. | 2 |
Big Blue sells its PC division to China IBM has quit the personal computer market 23 years after legitimising the PC revolution that changed everything - from the way we work to the fortunes of Microsoft #39;s Bill Gates. | 3 |
Air Force ready to test new rocket CAPE CANAVERAL, Fla. - The Air Force is scheduled to launch a new Delta 4 rocket here this afternoon in a test that will help determine whether it can become a quot;heavy lift quot; vehicle to carry billion-dollar | 3 |
US retail sales remain strong in Nov Retail sales rose 0.1pc in November, for the third straight monthly increase. Auto sales declined 1.3pc in the month, after falling 0.5pc in the previous month. | 2 |
SingTel signs deal with Samsung Networks to tap S. Korean market SINGAPORE : SingTel has teamed up with the South Korean conglomerate, Samsung, to tap the Korean market. Both companies have signed an agreement to distribute Internet Protocol for Virtual Private Networks services in Korea. | 3 |
More Search Products Prowl for Market Share We need a search engine to find all the search engines. Two more Web-query services launched last week, Accoona and Blingo; their initial performance, however, suggests market leaders Google and Yahoo don #39;t have reason to worry yet. | 3 |
Maier Says His Season Has Not Started Yet VAL D'ISERE, France (Reuters) - As far as Hermann Maier is concerned, the Alpine skiing season has yet to start. | 1 |
Bryant Accuses Malone Of Hitting On Wife _ Another Kobe conflict for the Lakers. Bryant has accused Karl Malone of making a pass at his wife at a game last month. Talking before Los Angeles #39; 105-98 win over Orlando on Sunday night | 1 |
Treasury Investors More Bearish After Drop in Yields (Update1) Bond investors are less inclined to buy the benchmark 10-year US Treasury note after the security had its biggest weekly rally since September and before the Federal Reserve #39;s expected interest-rate increase this week. | 2 |
GOLF: EUAN #39;S TITLE BID IS SUNK AT THE LAST SCOT Euan Little #39;s chase for a bumper pay packet ended in a soggy mess after a dramatic finale to golf #39;s Dunhill Championship in South Africa. | 1 |
Technical Problems Scrub Delta Four Launch CAPE CANAVERAL, Fla. -- The launch of Boeing #39;s new Delta Four heavy-lift rocket was scrubbed for a second time Sunday because of technical problems. | 3 |
Retail Sales Edge Up Slightly, Cars Down WASHINGTON (Reuters) - U.S. retail sales increased by 0.1 percent in November, the Commerce Department said on Monday, slightly stronger than expectations, while the previous month was revised sharply higher. | 2 |
Dollar Running Out of Steam LONDON (Reuters) - The dollar lost ground against the euro and the yen on Monday after a brief rebound last week, as investors grew cautious ahead of U.S. data on trade, the current account deficit and investment flows later in the week. | 2 |
Stocks Seen Higher, Oracle Could Help NEW YORK (Reuters) - U.S. stocks were set for a higher open on Monday, helped by news business software maker Oracle Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ORCL.O target=/stocks/quickinfo/fullquote">ORCL.O</A> struck a deal to buy rival PeopleSoft Inc.<A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=PSFT.O target=/stocks/quickinfo/fullquote">PSFT.O</A>, ending a bitter takeover battle. | 2 |
Oil Drops on Fund Selling LONDON (Reuters) - Oil prices fell to a fresh five-month low on Monday as a bout of fund-led selling countered a cut to supplies by top OPEC exporter Saudi Arabia. | 2 |
U.S. Stocks to Watch on Dec. 13 NEW YORK (Reuters) - U.S. stocks to watch on Monday: ORACLE CORP. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=ORCL.O target=/stocks/quickinfo/fullquote">ORCL.O</A>, PEOPLESOFT INC. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=PSFT.O target=/stocks/quickinfo/fullquote">PSFT.O</A>: | 2 |
DaimlerChrysler, GM Join on Hybrids FRANKFURT (Reuters) - DaimlerChrysler and General Motors will jointly develop new hybrid motors to compete against Japanese rivals on the fuel-saving technology that reduces harmful emissions, the companies said on Monday. | 2 |
Honeywell Agrees Takeover of UK's Novar LONDON (Reuters) - U.S. manufacturer Honeywell International agreed a \$1.5 billion trump bid for Britain's Novar Plc on Monday to beef up its security business and lift 2005 earnings from the low end of forecasts. | 2 |
BRUSSELS: quot;No Going Back quot; In Elimination Of WTO Quotas The European Union council has officially adopted a proposal to eliminate all quantitative restrictions on the import of textile and clothing from World Trade Organisation countries from 1 January 2005. | 2 |
US retail sales rise by 0.1 per cent in November, higher than <b>...</b> US shoppers showed a bit of cheer at the cash registers in November, boosting sales at the country #39;s retailers by 0.1 per cent. | 2 |
US Treasuries take a fall on upbeat sales data Treasuries were stripped of early gains on Monday as US retail sales data proved strong when many in the market had been betting on a weak outcome. | 2 |
Denmark mourns its tsunami dead Denmark holds a national day of mourning for victims of the Asian tsunami disaster a week ago. | 0 |
Maiden flight scrubbed again for Delta 4 rocket The maiden flight of Boeing #39;s new Delta 4 heavy-lift rocket is expected to be delayed until the week of Dec. 19. Sunday, for the second day in a row, the booster #39;s planned | 3 |
Catch The Shooting Stars In Tonight #39;s Meteor Shower This one is named Geminids because it seems to originate from the constellation Gemini. It will deliver about a dozen stars an hour. | 3 |
Apple iTunes accepts PayPal Apple and PayPal announced on Friday that the US incarnation of the iTunes Music Store (ITMS) now accepts payment via PayPal #39;s Virtual Wallet. | 3 |
Future path of Windows Server outlined Microsoft #39;s Windows Server team has issued a road map for server products in 2005, indicating no changes to the most recent projected delivery dates for the next version of Windows Server 2003 and beyond. | 3 |
Lennox rules out a comeback Britain #39;s former undisputed heavyweight champion of the world retired last year after retaining his WBC title against giant Ukrainian Vitali Klitschko. | 1 |
Powell warns of more Iraq attacks The US Secretary of State warns of more violence in Iraq as elections approach, after a new suicide attack. | 0 |
UN 'optimistic' over aid effort The UN's emergency aid chief says he is optimistic the world will meet the challenges of the tsunami disaster. | 0 |
Hamas Attack Seen As Attempt to Foil Progress Israeli helicopters targeted two buildings in the Gaza Strip overnight following a massive explosion under an Israeli army post on the border between Israel and Egypt. | 0 |
Pakistan denies CIA bases in hunt for bin Laden Pakistan today denied a newspaper report the CIA has set up covert bases in the countrys remote tribal regions to hunt for Osama bin Laden. | 0 |
RBC Royal Bank to refund #36;9.2 million over banking fee billing errors (Canadian Press) Canadian Press - TORONTO (CP) - Royal Bank is refunding about #36;9.2 million to 152,000 customers who were charged a separate fee for a service that should have been included in their banking package fee. The refunds average about #36;60 each. | 0 |
Iraq Bomb Kills 7, Year After Saddam Capture BAGHDAD (Reuters) - A suicide car bomber killed at least seven Iraqis at an entrance to Baghdad's Green Zone government and U.S. diplomatic compound on Monday, a year to the day since U.S. forces captured Saddam Hussein. | 0 |
China, Russia to Hold Military Exercise in 2005 BEIJING (Reuters) - China and Russia will hold their first joint military exercises on Chinese territory next year, the Interfax news agency quoted Russian Defense Minister Sergei Ivanov as saying in Beijing on Monday. | 0 |
Real to finish bomb scare match Real Madrid and Real Socieded will play the final six minutes of their abandoned game. | 0 |
Oracle, PeopleSoft LONDON (CBS.MW) -- PeopleSoft Inc. agreed Monday to be bought by Oracle Corp. for \$10.3 billion, or \$26.50 a share, an 11 percent premium to Friday #39;s stock price, ending a bitter 18-month acquisition battle. | 2 |
AMD, IBM Use Strained Silicon Transistor Advancement in 2005 Engineers from IBM, AMD, Sony and Toshiba have developed a strained silicon transistor technology aimed at improving processor performance and power efficiency with up to a 24 percent transistor speed increase. | 3 |
WENDLER MAY HAVE SOME LSU COMPETITION Southern Illinois University Carbondale Chancellor Walter Wendler may see some tough competition if he interviews for the chancellor position at Louisiana State University. | 3 |
Telescopes capture planets in the making Planet-building is dusty work, and now two space telescopes have captured images of cosmic construction materials: disks of dust circling stars about the same size as our sun. | 3 |
Epic contest brings out the class It was intense and committed without any of the brutishness that Manchester United employed to stop Arsenal #39;s unbeaten run of 49 league matches in October. | 1 |
Notre Dame #39;s new football coach makes debut today. A new era in Notre Dame football began at 8:42 pm Sunday as Charlie Weis whisked through the halls of the Joyce Center. Weis exited the dark blue Chevy sport utility vehicle | 1 |
Pats manage to shake off Bengals They chewed up huge chunks of yardage both in the air and on the ground. But the Cincinnati Bengals on Sunday also found out the hard way that the key to | 1 |
Rare anti-Mubarak demo in Cairo Hundreds of Egyptians defy a ban on public protests to call for an end to President Hosni Mubarak's 23-year rule. | 0 |
Suspended Spain Soccer Game Rescheduled (AP) AP - The soccer game between Real Madrid and Real Sociedad that was suspended because of a bomb threat Sunday will be completed on Jan. 5. | 1 |
Hello! fights against Zeta ruling Hello! magazine challenges a ruling which made them pay damages to Catherine Zeta Jones and Michael Douglas. | 0 |
Oracle Ups Its Offer and Buys PeopleSoft for \$10.3 Billion The world's second-largest maker of business software was created in the deal, which ended a long and hostile battle. | 0 |
Golden Globe Nominations Are Announced "Sideways" led Golden Globe contenders today with seven nominations, including best musical or comedy film, three acting nominations and best director. | 0 |
Car Bomb Kills 11, Wounds 13 in Baghdad A powerful car bomb exploded near an entrance to Baghdad's fortified Green Zone Monday morning, killing 11 Iraqis and wounding at least 13 people, according to officials at nearby Yarmouk Hospital. | 0 |
Nastase Concedes Defeat in Romanian Presidential Election Prime Minister Adrian Nastase said Monday he had conceded defeat in Romania's presidential runoff in a telephone call to opponent Traian Basescu, whom he called "the future president of Romania." | 0 |
Attack on Israeli Army Post Kills 4 Palestinians detonated a massive bomb underneath an Israeli military checkpoint on the border between the Gaza Strip and Egypt late Sunday afternoon, killing at least four Israeli soldiers and wounding eight others, Israeli military officials and Palestinian militants said. | 0 |
PeopleSoft accepts latest Oracle offer Oracle Corp. #39;s 18-month struggle to gain control of PeopleSoft Inc. drew to a close this morning when PeopleSoft #39;s board agreed to a new \$10.3 billion takeover offer. | 2 |
Mustard-hot Frankfurt Werner Seiffert, the chief executive of the Deutsche Brse, the German stock market, has made little secret of his determination to expand into London. | 2 |
Honeywell Agrees Takeover of UK #39;s Novar US manufacturer Honeywell International agreed a \$1.5 billion trump bid for Britain #39;s Novar Plc on Monday to beef up its security business and lift 2005 earnings from the low end of forecasts. | 2 |
More Pain Coming at Tenet Tenet (THC:NYSE - news - research) continued to test the nerves of its daring shareholder corps Monday, predicting a wider-than-expected fourth quarter loss, a billion-dollar writedown and another weak year in 2005. | 2 |
Japan jumps on Sony #39;s PSP Game fans stood in lines through a chilly Tokyo night to be among the first in the world to get their hands on Sony #39;s PlayStation Portable, the consumer electronics giant #39;s first handheld game machine. | 3 |
Semiconductor Breakthrough: Processor 24 times faster Your processor can now run 24 faster at the same power levels based on the new strained silicon transistor technology, as claimed by IBM and AMD today. | 3 |
Geminid meteor showers alarm area residents It #39;s a global celestial event and scientists say the annual Geminid Meteor Shower is the best astronomy show of the year. NASA #39;s Web site explains that the shower is created as Earth moves through a cloud | 3 |
Put us together again HARRY REDKNAPP aims to install Jim Smith as his assistant before Southampton face Tottenham next Saturday. Redknapp was unveiled as Saints boss last week - just a fortnight after leaving south-coast rivals Portsmouth. | 1 |
Eagles prove toughness with ugly win LANDOVER, Md. - Clinton Portis dived into the end zone with 12 minutes yet to bleed away on the game clock Sunday night, and now we would learn from what sort of stuff these Eagles are made. | 1 |
Pak says India paranoid on F-16 Islamabad: Pakistan on Monday accused India of being quot;paranoid quot; over its efforts to secure F-16 fighter aircraft and other weaponry from the US but said this would not have any bearing on nuclear and conventional confidence building measure talks between | 0 |
What's That Smell, Autobytel? The online auto marketer hits a rough patch in the road, deflating its profit outlook. | 2 |
XM and Sirius Stream On Satellite radio wins the market's straw poll by landing its two key players into the Nasdaq-100 Composite. | 2 |
Stocks Surge on Oracle, PeopleSoft Merger Investors welcomed the end of Oracle Corp. #39;s 18-month battle to take over PeopleSoft Inc., pushing stocks higher Monday. A better-than-expected survey of retail sales also helped the markets. | 2 |
Deutsche Boerse Bids \$2.6 Billion for London Exchange (Update2) Deutsche Boerse AG, Europe #39;s largest stock exchange by market value, made a 1.35 billion-pound (\$2.6 billion) takeover offer for London Stock Exchange Plc, its second attempt in five years to buy the UK company. | 2 |
Cardinal Grounded by Job Cuts Cardinal Health (CAH:NYSE - news - research) was grounded once again Monday after the struggling health care supplier laid out plans to cut 4,200 jobs. | 2 |
IBM sale not to hit Indian mart The acquisition of IBM #39;s personal computing division by China #39;s Lenovo Group is seen having little impact on the Indian market in the short- or medium-term, analysts and industry officials said. | 2 |
Retail Sales Squeeze Out Gain November sales data raised retailers #39; spirits Monday, as the government reported better results than expected after the holiday season had so far been viewed with some disappointment. | 2 |
Attendance at Theme Parks Increases Attendance at North America #39;s 50 most popular theme and amusement parks jumped almost 4 percent in 2004, the first overall increase since the 2001 terrorist attacks slowed the US travel and tourism industry. | 2 |
Bank warns of soaring debt Soaring household debt and the rise in credit card spending has left Briton #39;s borrowers teetering on the brink of a precipice when it comes to the amount they owe, the Bank of England has warned. | 2 |
NASA Head OKeefe--Louisiana Bound? Louisiana State University may be the next stop for the National Aeronautics and Space Administration Chief Administrator, Sean OKeefe, 48 years old. | 3 |
Penn State encourages students to dump IE Penn State, a public university with an enrollment of about 80,000 students, has made its browser choice, or at least a recommendation on which one not to use. | 3 |
Monkeys ape human enterprise LONDON, Dec. 11. - Monkeys use tools to dig up roots, crack seeds and dig insects from holes in trees, scientists have found, contradicting the traditional idea that humans are natures only toolmakers. | 3 |
Madrid to finish bomb hoax match MADRID (AFP) - Real Madrid and Real Sociedad will play out the remaining six minutes of Sunday #39;s match, which was interrupted by a bomb hoax purporting to come from ETA, on January 5. The clubs were drawing 1-1 when police evacuated 70,000 spectators. | 1 |
13 Dec, 2004 - Miller wins Val d #39;Isere Giant Slalom Hermann Maier faltered to give Bode Miller victory in the men #39;s Giant Slalom at Val d #39;Isre on Sunday. Maier had led after the first leg but, along with fellow Austrian #39;s Gruber and Raich, stuttered on the | 1 |
49ers/Cardinals Box Score 49ers -- Wilson 19 pass from Dorsey (Peterson kick), 13:41. Drive: 11 plays, 75 yards, 6:05. Dorsey 1-yard run on 4th-and-1 to San Francisco 35; Hicks 15-yard run to 50; Jackson 11-yard run to Arizona 19. | 1 |
TURKEY AND THE EU A Sultan Looks West This week, as EU heads of state meet to decide the fate of Turkey #39;s candidacy for EU membership, Turkish Prime Minister Recep Tayyip Erdogan will be preparing his own run for the Turkish presidency. | 0 |
North Korea denies defection of generals December 14, 2004 A North Korean Foreign Ministry spokesman has denied an International Herald Tribune report that hundreds of the country #39;s generals defected to China. | 0 |
DaimlerChrysler, GM to Team Up on Engines (AP) AP - General Motors Corp. and DaimlerChrysler AG, two of the world's biggest automakers, are teaming up to develop fuel-saving hybrid technology for a range of vehicles that will help them compete with hybrid-vehicle leaders Toyota Motor Corp. and Honda Motor Co. | 0 |
Japan Bank Exec: Economic Dip Is Temporary (AP) AP - The head of Japan's central bank acknowledged Monday that the pace of economic recovery here may be slowing, but said the downturn is only temporary. | 0 |
US Stocks Rise on Oracle #39;s PeopleSoft Purchase, Retail Sales US stocks gained after PeopleSoft Inc. agreed to be bought by Oracle Corp. and Honeywell International Inc. made a UK purchase, signaling that companies are optimistic about the economy #39;s prospects. | 2 |
London Stock Exchange rejects German takeover bid The London Stock Exchange said Monday that it had rejected a fresh takeover proposal from German rival Deutsche Boerse but has agreed to further talks. | 2 |
US retail sales up 0.1 percent in November Retail sales in the United States increased by a modest 0.1 percent in November following a revised gain of 0.8 percent in October, the Commerce Department reported on Monday. | 2 |
Theme Park Attendance Increases, Reversing Two-Year Decline ORLANDO, Fla. -- Attendance at North America #39;s 50 most popular theme and amusement parks jumped almost 4 percent in 2004, the first overall increase since the 2001 terrorist attacks slowed the US travel and tourism industry. | 2 |
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