Amera Resources Corp. Initiated With a 'Speculative BUY/4' Rating,...
555866
NEW YORK, CALGARY, Alberta, Canada and ZURICH, Switzerland, Oct. 25, 2004 (PRIMEZONE) -- The following is an investment opinion issued by Investrend Research Syndicate: Ernest C. Schlotter, research analyst ...
393792
TOM ELLIOTT, MM&amp;E CAPITAL: Well, the bid that received the most attention was London-based Xstrata&#39;s offer to buy WMC Resources, the old Western Mining, at $6.
552033
A consortium led by Royal Bank of Scotland  unveiled a bid for ABN AMRO  on Tueday valued at 38.40 euros per share, worth a total 71.1 billion euros ($95.6 billion).
653243
Business & money: Â· Lender tells shareholders that dividend is on hold  Â· Group of hedge funds is rumoured to be in talks
114081
Fannie Mae, the nation's largest source for home mortgage financing, said Wednesday that is is considering two placements of up to $4 billion in preferred stock to qualified institutional buyers.
578668
Crude prices rose for the first time in four days. Traders feel that the gains in US crude oil inventories and forecasts of rising temperatures do not justify the previous session&#39;s 6.5% fall.
758695
In NEW YORK item, please read headline as UPDATE 1-Franklin Resources in $20 million SEC settlement, not $21 million. A corrected version follows.
305760
MELBOURNE (Dow Jones)--Swiss-based Xstrata Plc (XTA.LN) Thursday put WMC Resources Ltd. (WMR.AU) in play, offering A$7.4 billion for the Australian miner that represents the start of a long bidding war.
148116
Harmony Gold Mining Co. (HMY.N: Quote, Profile, Research) (HARJ.J: Quote, Profile, Research) on Friday said Institutional Shareholder Services, Inc.
738139
The women's apparel retailer surprised investors with surprisingly bad Q4 guidance.
723810
Buying takes off after the price of crude falls to $45.49, giving S&amp;P and Nasdaq one of their best days. By Michael J. Martinez / Associated Press.
702463
The company's stock is up on settlement news, but buyers should beware.
424672
CALGARY (CP) - Canadian Natural Resources, one of Canada&#39;s largest natural gas and heavy oil producers, entered the acquisition market for a fourth time this year, buying energy properties from Houston-based Anadarko for $698 million.
650406
Australian nickel and copper miner WMC Resources Ltd (WMR.AX: Quote, Profile, Research) rejected aA$7.4 billion ($5.5 billion) takeover bid
333721
(InfoWorld) - Despite financial and accounting problems at Dell Inc., Novell Inc. and Yahoo Inc., underlying faith in the software sector and a solid first-day performance on Riverbed Technology Inc.'s initial public offering indicate that the end of the year may yet reward IT investors. The early part of the third quarter proved worrisome for technology investors, as high hopes in the beginning of the year gave way to softer than expected sales and a price war for PC makers. But as the fourth quarter approaches, several brokerages have raised their forecasts for the tech sector as a whole. The lower cost of hardware is expected to spark a spending spree by both consumers and corporate buyers by the end of the year. Analysts also see pent-up demand for software. Signs of hope started appearing in August, when for example Merrill Lynch & Co. Inc. released a survey showing that 60 percent of chief information officers polled anticipated increasing software spending in the second half of the year. In addition, Lehman Brothers Inc. and Credit Suisse First Boston have recently recommended that investors take a closer look and invest in technology stocks, reasoning that declines earlier in the year have made some companies a bargain. Stoked by recommendations, the Nasdaq exchange started taking off in August after sinking to a yearly low in July. Good news continued this week, as the debut of Riverbed, a maker of WAN (wide area network) optimization technology, shone on the Nasdaq. Riverbed's (RVBD) initial public offering of 8.7 million shares priced at US$9.75 a share, above the target of $7 to $8.50 a share, and closed at $15.30 Thursday, showing confidence in the network optimization trend. On TuesdayÂ Oracle Corp. reported better-than-expected earnings. Excluding one-time charges for acquisitions, Oracle's earnings per share grew 24 percent to $0.18, better than the $0.16 consensus forecast of analysts polled by Thomson Financial. Several analysts said that Oracle's results, after a similar strong report from Adobe Systems Inc. last week, bode well for the upcoming quarter. Specifically, Oracle's strong sales for new applications and services indicate that businesses are in the mood to buy. Citigroup upgraded Oracle to "buy" from "hold," and UBS Warburg and Deutsche Bank raised their price targets. Some bad news midweek put at least a temporary halt to the Nasdaq rise. Yahoo (YHOO) shares plunged $3.25, to close at $25.75 Tuesday after it warned that slowing growth from automotive and financial services advertisers would affect revenue. The warning pushed down sales of other Internet companies as well. News that both Dell andÂ Novell face delisting from the Nasdaq also helped depress the market Thursday. Due to accounting probes, both companies delayed financial reports, which triggered delisting notices. Hewlett-Packard Co. shares, which up until this week seemed impervious to the company's growing spy scandal, finally took a hit Thursday after revelations that Chief Executive Office Mark Hurd may have known about possible illegal investigative techniques as they were being planned. HP shares (HPQ) closed at $34.87, down by $1.91 Thursday. On balance, the bad news seems company-specific, while the solid software results and the excitement sparked by Riverbed appears to speak more to underlying trends. For the hoped-for fourth quarter tech rally to really happen though, investors need to see some strong quarterly reports next month. Â
269655
The telecom supplier reports earnings and could be showing several characteristics of a value stock.
589343
NEW YORK, August 27 (New Ratings) - ConocoPhillips (COP.NYS) is reportedly seeking to buy up to a 25% stake in the Russian oil company, Lukoil, which contributes 19% each to the country&#39;s crude oil output and reserves.