Archive for April, 2007

European stocks advance on takeover news (AFP) 

The DAX share index at the Frankfurt stock exchange in 2006. Europe's main stock markets have risen as a raft of merger and acquisition stories fuelled positive sentiment, but equities slumped in Istanbul amid political turmoil.(AFP/DDP/File/Martin Oeser)AFP - Europe's main stock markets rose as a raft of merger and acquisition stories fuelled positive sentiment, but equities slumped in Istanbul amid political turmoil, dealers said Monday.


RadioShack profit rises as expenses drop (Reuters) 

Reuters - Consumer electronics retailer
RadioShack Corp. said on Monday that first-quarter net
profit rose fivefold, helped by lesser expenses and an increase
in interest income and shares rose 5.7 percent.

Verizon quarterly profit falls (Reuters) 

The Verizon headquarters in New York in a file photo. Verizon on Monday reported a fall in first-quarter profit from the spinoff of its directories business and South American assets, although profit from continuing operations rose. (Peter Morgan/Reuters)Reuters - Verizon Communications on Monday
reported a fall in first-quarter profit due to discontinued
operations, although profit from continuing operations rose in
line with expectations amid strong wireless and Internet
growth.


The middle-class cricket-loving terrorist 

Economic deprivation, social exclusion and family breakdown are often cited
as the underlying reasons for why increasing numbers of young British Muslim
men are driven into religious extremism.

Tyson Foods flips to profit (Reuters) 

Reuters - Tyson Foods Inc , the largest
U.S. meat producer, reported a second-quarter profit versus a
year-ago loss, due to better results in all of its meat
segments, including beef, which had an operating loss a year
ago.

Kellogg earnings rise (Reuters) 

Reuters - Kellogg Co. , the world's largest
maker of breakfast cereal, reported higher quarterly earnings
on Monday due to stronger sales of cookies, crackers and snacks
and a weaker U.S. dollar that helped boost international
results.

Delta exits bankruptcy after 19-month restructuring (Reuters) 

A Delta Airlines plane is seen at O'Hare International airport in Chicago, Illinois November 15, 2006. Delta Air Lines Inc.  (Frank Polich/Reuters)Reuters - Delta Air Lines Inc. (DAL_w.N) emerged
from bankruptcy on Monday, after completing a $3 billion
restructuring over the past 19 months.