Archive for March, 2006

Stock Trading - TiVo Patent Trial Gets Under Way in Texas - E-Commerce Times

Thursday, March 30th, 2006

TiVo Patent Trial Gets Under Way in Texas - E-Commerce Times

TiVo Patent Trial Gets Under Way in Texas
E-Commerce Times -17 hours ago
If TiVo wins, as expected, it could unleash a slew of lawsuits against cable companies that offer other set-top boxes, or it could fill TiVo's corporate coffers with licensing fees from
Trial over TiVo patent begins in TexasSeattle Post Intelligencer
TiVo's salvation… is in the courts?Ars Technica
Charlotte Sun-Herald -Red Herring -Multichannel News (subscription) -cbs4denver.com -all 213 related

METALS STOCKS - MarketWatch

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CNNMoney.com
METALS STOCKS
MarketWatch -20 hours ago
SAN FRANCISCO (MarketWatch) — Gold futures traded modestly lower Wednesday morning, trading inversely with the US dollar after the Federal Reserve raised interest rates and signaled more rate hikes to come.
Wednesday's Commodities RoundupWashington Post
Silver storms above $11/oz, gold price reboundsReuters
Reuters South Africa -FXstreet.com The Futures Market -MSN Money -Houston Chronicle -all 132 related

Whirlpool-Maytag deal is cleared on antitrust concern - Detroit Free Press

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The Spokesman Review
Whirlpool-Maytag deal is cleared on antitrust concern
Detroit Free Press -1 hour ago
The US Justice Department approved Whirlpool Corp.'s purchase of Maytag Corp. for $1.68 billion in cash and stock after determining that competition wouldn't be substantially reduced.
Future of Maytag's plants, offices in Iowa uncertainDesMoinesRegister.com
Whirlpool-Maytag deal gets US antitrust approvalReuters
Bloomberg -MarketWatch -MSNBC -New York Times -all 316 related

Dollar Falls on Speculation US Yield Advantage Will Narrow - Bloomberg

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AXcess News
Dollar Falls on Speculation US Yield Advantage Will Narrow
Bloomberg -2 hours ago
The dollar fell against the euro and yen on speculation the yield advantage of US assets over Europe and Japan will narrow this year.
Currencies: Dollar falls versus euro as traders reassess betsInternational Herald Tribune
Dollar mixed, playing off rate concernsMarketWatch
TMCnet -Reuters.uk -San Jose Mercury News -Washington Post -all 214 related

Bush Light Truck Fuel Standards Rev Up Collision With States - Environment News Service

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Examiner.com
Bush Light Truck Fuel Standards Rev Up Collision With States
Environment News Service -47 minutes ago
BALTIMORE, Maryland, March 30, 2006 (ENS) - New fuel economy standards for light trucks announced Wednesday will save 10.7 billions of gallons of fuel and include the largest sport utility vehicles for the first time, said Transportation Secretary Norman
New hurdle: Better mileageDetroit Free Press
Gas guzzlers are forced to go on a dietHouston Chronicle
Bloomberg -Reuters -Los Angeles Times -St. Petersburg Times -all 473 related

Alliance and Leicester spurns 5.8 billion pounds bid - Reuters.uk

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ITN
Alliance and Leicester spurns 5.8 billion pounds bid
Reuters.uk -4 hours ago
Alliance& Leicester has rejected an informal approach from France's Credit Agricole SA (CAGR.PA: Quote, Profile, Research), saying the 5.8 billion pound offer was too low, the Independent said on Thursday.
Credit Agricole bid rejected by Alliance& LeicesterTelegraph.co.uk
A&L to hold on for 15 a shareThis is Money
MarketWatch -Forbes -newratings.com -Reuters.uk -all 32 related

Qualcomm files third lawsuit against Broadcom - Reuters

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TheStreet.com
Qualcomm files third lawsuit against Broadcom
Reuters -22 hours ago
Wireless technology company Qualcomm Inc. (QCOM.O: Quote, Profile, Research) on Wednesday said it had filed a lawsuit accusing Broadcom Corp.
Qualcomm files third lawsuit against BroadcomReuters.uk
Qualcomm Blasts BroadcomTheStreet.com
Telecom Paper (subscription) -Ant&Sons -Wireless Week -Los Angeles Business -all 58 related

Ethanol crunch may raise gas price - Louisville Courier-Journal

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Environment News Service
Ethanol crunch may raise gas price
Louisville Courier-Journal -1 hour ago
Gasoline prices in the Louisville area and Northern Kentucky stand to rise this summer as many parts of the country zap supplies of ethanol — an additive used to help fuel burn more cleanly.
RPT - Gasoline ends at 2-month high on major US supply fallForexTV.com
Ethanol shortage could up gas pricesUSA Today
BusinessWeek -DesMoinesRegister.com -MarketWatch -Oil&Gas Journal -all 81 related

Nikkei breaks above 17,000; Asia rises - MarketWatch (Stock Trading)

Thursday, March 30th, 2006

Nikkei breaks above 17,000; Asia rises - MarketWatch

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Zee News
Nikkei breaks above 17,000; Asia rises
MarketWatch -5 hours ago
HONG KONG (MarketWatch) — Asian shares traded higher Thursday, with Japan's Nikkei 225 Average breaking through the 17,000 level for the first time in almost six years on gains in tech shares and news that General Motors may sell its stake in a local
GM to sell Isuzu sharesThe Age
GM and Isuzu studying sale of GM stake in Japanese truck makerMalaysia Star
Forbes -Bloomberg -Mainichi Daily News -MSNBC -all 214 related

Another big share offering by Google - Seattle Post Intelligencer

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Examiner.com
Another big share offering by Google
Seattle Post Intelligencer -2 hours ago
SAN FRANCISCO — Google Inc. plans to sell an additional 5.3 million shares of its prized stock, hoping to raise more than $2 billion to finance its ambitious plan to expand beyond its Internet-leading search engine.
Google's Surprising Stock SaleBusinessWeek
Google to Sell 5.3 Million Shares for S&P Index Funds (Update3)Bloomberg
MarketWatch -MSNBC -FinFacts Ireland -TheStreet.com -all 208 related

Nasdaq withdraws bid for London Stock Exchange - RTE.ie

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BBC News
Nasdaq withdraws bid for London Stock Exchange
RTE.ie -38 minutes ago
The Nasdaq electronic stock exchange said today that it has dropped its bid for the London Stock Exchange that it made earlier this month.
Nasdaq withdraws bid for LSEMSN Money
Nasdaq Abandons $4.2 Billion Takeover Offer for LSE (Update1)Bloomberg
Times Online -BBC News -MarketWatch -Reuters.uk -all 133 related

US adds to pressure on China over trade - MSNBC

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China Daily
US adds to pressure on China over trade
MSNBC -13 hours ago
By Richard McGregor in Beijing and Christopher Swann in Washington. The US government on Wednesday stepped up its war of words with China in a concerted effort to press the Chinese into making big trade concessions
China Should Improve Market Access Gutierrez Says (Update1)Bloomberg
US urges China to head off rising trade angerReuters
People's Daily Online -China Daily -Christian Science Monitor -Xinhua -all 348 related

Yahoo, SMBC discuss banking venture - Taipei Times

Yahoo, SMBC discuss banking venture
Taipei Times -58 minutes ago
Yahoo Japan Corp said yesterday it was in talks with Sumitomo Mitsui Banking Corp (SMBC) to form a possible alliance in online banking, a move that could create new sources of revenue for the Internet portal operator.
Mitsui eyes weather-index policiesBangkok Post
Yahoo Japan to take stake in SMFG online bankReuters
TMCnet -Telecom Asia Daily / Wireless Asia -CNET News.com -New York Times -all 144 related

Qualcomm slaps Broadcom with trade secret suit - VNUNet.com

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TheStreet.com
Qualcomm slaps Broadcom with trade secret suit
VNUNet.com -16 hours ago
Qualcomm has filed a new complaint against rival wireless firm Broadcom for alleged trade secret misappropriation and patent infringement.
Qualcomm files third lawsuit against BroadcomReuters
Qualcomm fires another lawsuit at BroadcomRCRNews.com
Houston Chronicle -Telecom Asia Daily / Wireless Asia -ComputerWorld -Reuters.uk -all 53 related

Market Place Next Stop for Delphi: The Courts - New York Times

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Earthtimes.org
Market Place Next Stop for Delphi: The Courts
New York Times -5 hours ago
DETROIT, March 29 - Delphi, the auto parts maker, and its largest union, the United Automobile Workers, agreed on one critical point on Wednesday: that the company was likely to ask a bankruptcy court judge to let it set aside its labor contracts and
Delphi Labor Proposal Rejected by United Auto Workers UnionBloomberg
GM continues talks with union, major supplierChicago Tribune
Reuters -Houston Chronicle -International Herald Tribune -Monsters and Critics.com -all 437 related

Oil steady near $66 - Reuters.uk

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Examiner.com
Oil steady near $66
Reuters.uk -17 hours ago
Oil prices steadied near $66 on Wednesday on expectations for a build in US domestic crude stocks, but a drawdown in gasoline and distillate supplies.
Crude prices slip, gasoline prices riseBusinessWeek
Oil dips under $66 after spike on supply worriesReuters
Forbes -People's Daily Online -Houston Chronicle -Boston Globe -all 560 related

Lear gets loans to stay afloat - International Herald Tribune

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Playfuls.com
Lear gets loans to stay afloat
International Herald Tribune -2 hours ago
SOUTHFIELD, Michigan Lear, the largest maker of car interiors, said Wednesday that it had secured $800 million in loans and had agreed to put almost all its European interiors operations in a venture with the investor Wilbur Ross as the company regroups
Lear Gets $800 Mln Loan, Puts Plants in Ross Venture (Update8)Bloomberg
Lear gets new financing, shares jumpReuters
MarketWatch -Forbes -Houston Chronicle -Monsters and Critics.com -all 147 related

Euro Gains on Speculation ECB Will Increase Rates More Than Fed - Bloomberg

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AXcess News
Euro Gains on Speculation ECB Will Increase Rates More Than Fed
Bloomberg -3 hours ago
The euro advanced against the dollar for a second day on speculation the European Central Bank will raise interest rates three more times this year, outpacing the Federal Reserve and narrowing the US rate gap.
Dollar mixed, playing off rate concernsMarketWatch
Currencies: Dollar falls versus euro as traders reassess betsInternational Herald Tribune
San Jose Mercury News -Reuters.uk -Business Day -Daily Times -all 211 related

Hiker Returns Purse With $1M in Jewels - CBS News

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Sydney Morning Herald
Hiker Returns Purse With $1M in Jewels
CBS News -Mar 28, 2006
John Suhrhoff found the Louis Vuitton bag on a Sausalito park bench during a lunch stop in the scenic city following a weekend hike.
$1.4m bag left on benchSydney Morning Herald
Good Samaritan returns $1-million purseGlobe and Mail
Independent Online -Toronto Star -San Francisco Chronicle -Guardian Unlimited -all 314 related

NET SENSE The rights of a reformed patent troll - MarketWatch

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BBC News
NET SENSE The rights of a reformed patent troll
MarketWatch -1 hour ago
, , ) in 2001 for patent infringement, has been labeled a"patent troll" by some. That's a pejorative term for a company whose raison d'etre is to collect patents and sue companies that actually create economic value from them.
High Court Considers EBay Case On PatentWashington Post
EBay Court Decision Could Have Long-Term ImpactForbes
TMCnet -Reuters -ZDNet -Seattle Post Intelligencer -all 405 related

US Sets New Fuel Economy Rules for SUVs - ABC News

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The Spokesman Review
US Sets New Fuel Economy Rules for SUVs
ABC News -6 hours ago
The government set tighter gas mileage rules Wednesday for pickups and sport utility vehicles, including bulky SUVs like the Hummer H2 and Chevrolet Suburban, responding
US raises pickup, SUV fuel standards through 2011Reuters
US raises mileage standards for trucksMarketWatch
Daily Journal (subscription) -Richmond Times Dispatch -MSNBC -BusinessWeek -all 403 related

Stock Trading - Evercel Announces Completion of Merger

Wednesday, March 29th, 2006

Evercel Announces Completion of Merger
HINGHAM, Mass., March 29, 2006 (PRIMEZONE) — Evercel, Inc. (Pink Sheets:EVRC) today announced that it has completed its merger with Sontek Industries, Inc. A total of 80 percent of the eligible Sontek shareholders have voted. All votes were in favor of the merger.

OSG Announces Contracts To Build Four 44-Meter Beam Aframax Tankers
NEW YORK, March 29, 2006 (PRIMEZONE) — Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader providing energy transportation services, today announced that it will build four, 114,000 dwt 44-meter beam Aframax tankers at the New Times Shipbuilding Co., Ltd. shipyard based in Jinjiang, China. The vessels, scheduled for delivery in 2008 and 2009, will increase OSG's Aframax fleet to 21 tankers serving customers in the Atlantic basin, and will operate in the Aframax International (AI) pool. The tankers will be built using the new Common Structural Rules (CSR) recently established by IACS for all tankers and bulk carriers ordered after April 1, 2006. Among other design upgrades, the new rules set forth stricter hull strength requirements and technical criteria of double hull tankers that had previously differed by each classification society. OSG has agreed to pay approximately $58 million for each of the high specification tankers.

Western Goldfields Completes Management Transition
TORONTO, March 29, 2006 (PRIMEZONE) — Western Goldfields Inc. ("WGI"or the"Company') (OTCBB:WGDF) is pleased to announce that the transition to the new management team announced on February 13, 2006 has been completed. As a result, Douglas Newby, who served in various capacities during the past three years including, most recently, as the Company's interim Chairman, President and CEO, has resigned from the Board of Directors. Mr. Newby will pursue other commitments as Chief Financial Officer of PolyMet Mining Corporation and as President of Proteus Capital Corp.

Component Changes Made to Dow Jones U.S. Select Dividend Index and Dow Jones Oil&Gas Titans 30 Index
NEW YORK, March 29, 2006 (PRIMEZONE) — Dow Jones Indexes, a leading global index provider, today announced component changes in the Dow Jones U.S. Select Dividend Index and the Dow Jones Oil&Gas Titans 30 Index.

Scantron Partners With WestEd to Provide Professional Development Solution for Assessment Products
IRVINE, Calif., March 29, 2006 (PRIMEZONE) — Scantron(r), a leading provider of formative and diagnostic assessment solutions for K-12 education, has entered into a partnership with WestEd, an education research and service provider, to offer WestEd's Local Accountability Professional Development Series (LAPDS) as a supplemental module to Scantron's Achievement Series(tm) system.

ACME Communications Announces Fourth Quarter and Full-Year 2005 Results
SANTA ANA, Calif., March 29, 2006 (PRIMEZONE) — ACME Communications, Inc. (Nasdaq:ACME) today announced financial results for the fourth quarter and full year 2005.

Markland Technologies Inc. Announces Intellectual Property Licensing Rights for Security and Medical Industry
PROVIDENCE, R.I., March 29, 2006 (PRIMEZONE) — Markland Technologies, Inc. (Pink Sheets:MRKL), a company transforming advanced laboratory technology into real-world products, announced today the signing of an extensive product and intellectual property licensing agreement between itself and Technest Holdings Inc.

A Breakthrough in Retirement Planning: Otar Retirement Calculator, Based on Market History, is Now Available
THORNHILL, Ontario, March 29, 2006 (PRIMEZONE) — Otar&Associates is pleased to announce the launching of the 2006 Edition of the Otar Retirement Calculator (ORC). ORC is based on market history since 1900, 106 years of market data. What makes it different from other retirement calculators is that it does not require an assumed average portfolio growth rate, average inflation or any Monte Carlo simulation. It is a low-cost, spreadsheet-based application.

Agentis Taps Michael Georgeff as Technology Advisor
ATLANTA, March 29, 2006 (PRIMEZONE) — Agentis Software today announced that Dr. Michael Georgeff, founder of Agentis Software, has been appointed to the company's prestigious Technology Advisor program.

No Slowing Down for Smart-tek; Work Commences on Contracts Valued in Excess of $1,500,000
CORTE MADERA, Calif., March 29, 2006 (PRIMEZONE) — Smart-tek Solutions, Inc. (OTCBB:STTK) announced today that its operating subsidiary, Smart-tek Communications Inc. ("SCI"), has commenced work on the Spectrum (COSTCO) and The Coopers Lookout projects. The aggregate value of these contracts is in excess of $1,500,000.

Execute Sports Files Patent for Kampus'KDS Shoe Technology
SAN DIEGO, March 29, 2006 (PRIMEZONE) — Execute Sports, Inc. (OTCBB:EXCS) announced today that it has filed a broad patent for its Kampus Drain System (KDS) technology, covering design and application for Kampus'footwear products, specifically targeted towards the action water sports market.

Veteran Police Captain William Murphy Named VP — OPPS Marketing to Direct the Launch of AdZone's OPPS National Marketing Campaign
CALVERTON, N.Y., March 29, 2006 (PRIMEZONE) — AdZone Research, Inc. (OTCBB:ADZR) today reported that William Murphy, a professional law enforcement officer with more than 30 years experience, has been named Vice President — Marketing OPPS. His mission is to accelerate the deployment of both the OPPS Online Predator Profiling System as well as the company's FAST Report system.

Marc Pharmaceuticals Inc. Files Form 15 To Deregister Common Stock, Class A Warrants and Class B Warrants Under the Exchange Act
STAMFORD, Conn., March 29, 2006 (PRIMEZONE) — Marc Pharmaceuticals, Inc. (OTCBB:MPMA) (OTCBB:MPMAW) (OTCBB:MPMAZ) today announced that it has filed a Form 15 with the Securities and Exchange Commission (The"SEC") to voluntarily deregister its common stock, class A warrants and class B warrants under the Securities Exchange Act of 1934 because it has fewer than 300 holders of record. The Company will thereby cease being a"reporting"company.

Vertical Computer Systems, Inc. Receives a Notice of Allowance From the U.S. Patent and Trademark Office for a Patent Application Covering Various Aspects of the XML Enabler Agent
FORT WORTH, Texas, March 29, 2006 (PRIMEZONE) — Vertical Computer Systems, Inc. (OTCBB:VCSY) announced today that it has received a notice of allowance from the United States Patent and Trademark Office (USPTO) for a patent application serial number 09/882,494 for a"Web-based collaborative data collection system."The notice of allowance states that all 41 patent claims of the patent application are deemed to be allowable to issue in a patent. VCSY intends to file with the USPTO to issue the patent shortly thereafter with all 41 claims being valid and enforceable.

Stock Trading - Frist Says Job Bad Spot to Seek Presidency - Town Hall

Wednesday, March 29th, 2006

Frist Says Job Bad Spot to Seek Presidency - Town Hall

Frist Says Job Bad Spot to Seek Presidency
Town Hall, DC -15 minutes ago
He is under investigation for possible insidertradingby federal authorities following his sale last year ofstockin the hospital chain HCA Inc., which his

Google to raise $2 billion in cash - MarketWatch

Google to raise $2 billion in cash
MarketWatch -13 minutes ago
stockas a result of the inclusion of our Class A commonstockin thenews, Google fell 3.4% to change hands for $381.70 in after-hourstradingfollowing the

Nasdaq soars to 5-year high; dollar ebbs - Daily Journal (subscription)

Nasdaq soars to 5-year high; dollar ebbs
Daily Journal (subscription), Venezuela -11 minutes ago
The S&P said last week thestockwill join the S&P 500, replacing Burlington Resources Inc. after the close oftradingon March 31. 3M gained $1.26 to $77.56.

Shorts in a Bunch at Color Kinetics - MSNBC

Shorts in a Bunch at Color Kinetics
MSNBC -18 minutes ago
good day on the market yesterday as shares rose more than 13%, finishingtradingat moreWhen you short astock, you borrow them from a broker and sell them to

Ruby Tuesday Q3 Profit Surges On Higher Restaurant Sales; Lifts Q4 … - Trading Markets

Ruby Tuesday Q3 Profit Surges On Higher Restaurant Sales; Lifts Q4
Trading Markets, CA -8 minutes ago
from the previous close on 1.26 million shares. But in the after-hourstrading, thestockgained $2.08 and wastradingat $32.60.

Tokyo stocks seen topping 17,000, techs eyed - ABC News

Tokyo stocks seen topping 17,000, techs eyed
ABC News -16 minutes ago
The Tokyostockexchange has shortened overall afternoontradingby 30 minutes to avoid computer system problems. Trade will begin

Guidant Shelves Stents (Stock Trading) on Quality Problems - Houston Chronicle

Wednesday, March 29th, 2006

Guidant Shelves Stents on Quality Problems - Houston Chronicle

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Reuters
Guidant Shelves Stents on Quality Problems
Houston Chronicle -2 hours ago
Guidant Corp. won't sell its stock of Xience V drug-coated stents because some of the products failed to meet the company's manufacturing standards, the medical device maker said Wednesday.
Quality issues to delay Guidant stent launchReuters
Guidant Halts Stent Shipments, Delays European Sales (Update2)Bloomberg
BusinessWeek -MarketWatch -ABC News -Chicago Tribune -all 173 related

Delphi unions blast latest wage-cut offer - Monsters and Critics.com

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Earthtimes.org
Delphi unions blast latest wage-cut offer
Monsters and Critics.com -1 hour ago
The United Auto Workers says Michigan-based Delphi Corp.`s latest contract proposal is a non-starter. Though better than two previous offers, it still means a'devastating
Unions reject Delphi proposal to reduce wages by 39%USA Today
GM cuts white collar jobsChicago Tribune
WZZM -ABC12.com -Flint Journal -Oakland Press -all 321 related

States, tobacco cos. seem headed for fight - BusinessWeek

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News 14 Charlotte
States, tobacco cos. seem headed for fight
BusinessWeek -Mar 28, 2006
MAR. 28 2:54 PM ET States and tobacco companies appear headed toward a legal showdown over more than $1 billion the states say is owed under a 1998 agreement.
Philip Morris, Reynolds Win Arbiter's Tobacco Ruling (Update2)Bloomberg
Big Tobacco wins payment dispute, states to fightReuters
Washington Post -MSNBC -New York Times -United Press International -all 189 related

GM Bonds, Shares Fall on Delphi Concerns, Subpoenas (Update8) - Bloomberg

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Examiner.com
GM Bonds, Shares Fall on Delphi Concerns, Subpoenas (Update8)
Bloomberg -1 hour ago
General Motors Corp. bonds and shares fell after its largest supplier moved closer to a strike and the automaker disclosed new federal subpoenas.
GM Shares Fall, Credit Agency Reviews DebtABC News
Company to restate resultsBoston Globe
MarketWatch -USA Today -Auto Spectator -San Jose Mercury News -all 287 related

Qualcomm Slaps Broadcom with Another Suit - Electronic News

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TheStreet.com
Qualcomm Slaps Broadcom with Another Suit
Electronic News -1 hour ago
San Diego-based Qualcomm Inc. today announced that it has filed a new complaint against Broadcom Corp., alleging trade secret misappropriation and patent infringement.
Qualcomm fires another lawsuit at BroadcomRCRNews.com
Qualcomm slaps Broadcom with trade secret suitVNUNet.com
Houston Chronicle -Reuters -Reuters.uk -Inquirer -all 41 related

Alcatel tie-up with Lucent faces hurdles - TMCnet

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Teleclick.ca
Alcatel tie-up with Lucent faces hurdles
TMCnet -34 minutes ago
(Business, The (London) (KRT) Via Thomson Dialog NewsEdge) Mar. 26–Alcatel and Lucent Technologies are in merger talks that could lead to the formation of a new leviathan in the world telecoms equipment market
Lucent, Alcatel a perfect connection, experts sayProvidence Journal (subscription)
Lucent Talks Raise Issue of SecurityNew York Times
Canada.com -Forbes -Teleclick.ca -Cherry Hill Courier Post -all 180 related

ISoft hit as blamed for health contract delay - Reuters.uk

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Journal of Turkish Weekly
ISoft hit as blamed for health contract delay
Reuters.uk -6 hours ago
Shares in iSoft Plc (IOT.L: Quote, Profile, Research) plunged over 20 percent on Wednesday after US consultancy Accenture (ACN.N: Quote, Profile, Research) blamed it for"significant" delays in a massive IT upgrade of the country's
Accenture 2nd-Quarter Profit, Shares DownWashington Post
ISoft hit as blamed for health contract delayScotsman
Bloomberg -Trading Markets -Reuters -BBC News -all 68 related

Beijing's Silk Alley slapped with tiny fine for copyright … - Forbes

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Examiner.com
Beijing's Silk Alley slapped with tiny fine for copyright
Forbes -13 hours ago
BEIJING (AFX) - Beijing's famous Silk Alley and some of the city's other popular markets have been given small fines for copyright infringements, state media reported.
Despite threat, China won't cave in on yuanChina Daily
US says trade protectionism will grow without China's reforms+TMCnet
Antara -KARE -Black Enterprise -ABC News -all 392 related

Bush raises fuel economy standard for SUVs - MSNBC

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CNNMoney.com
Bush raises fuel economy standard for SUVs
MSNBC -1 hour ago
The Bush administration has modestly raised the fuel economy standard for sport utility vehicles, minivans and pickup trucks to 24 from 21.6 miles
US raises pick-up truck fuel standardReuters
Auto industry gets new fuel eonomy rulesBusinessWeek
Bloomberg -Detroit Free Press -MarketWatch -Los Angeles Times -all 310 related

Stock Trading - Enron Trial Made Simpler

Wednesday, March 29th, 2006

Enron Trial Made Simpler
HOUSTON, March 28 — The prosecution wrapped up its case in the fraud trial of former Enron Corp. executives Kenneth L. Lay and Jeffrey K. Skilling on Tuesday, setting the stage for the defense to begin next week.
Carrie Johnson

Federal Diary Live
Post columnist Stephen Barr discusses the federal workplace.
Stephen Barr

Documents Trace KBR Billing Problems
Halliburton Co. repeatedly overcharged the government and exhibited "profound systemic problems" under a $1.2 billion contract to restore oil services in Iraq, according to internal government documents released yesterday by one of the company's fiercest critics.
Griff Witte

Senate Votes Down Outside Ethics Office
The Senate rejected a proposal to establish an independent office to investigate ethics complaints against its members, and then cleared the way to pass a broad-based ethics and lobbying bill this week.
Jeffrey H. Birnbaum

From Fed, More of the Same
Alan Greenspan is gone, but Federal Reserve officials kept going yesterday, raising their benchmark short-term interest rate again and hinting they may lift it higher in coming months to keep the lid on inflation.

Nell Henderson

Senate to Weigh Guest-Worker Proposal
With the Republican Party deeply divided, the Senate will take up a broad revision of the nation's immigration laws today amid signs that conservatives are ready to compromise on efforts to offer illegal immigrants new avenues to lawful employment.
Jonathan Weisman

Another Ports Controversy
Washington Post business columnist Steven Pearlstein will be online to discuss his latest column, a look at port expansion in the United States that has lagged far behind the explosive growth in trade.
Steven Pearlstein

Switching to More Subtle Tactics on China
After months of issuing drastic threats aimed at forcing China to scrap a currency system critics call unfair, Congress took major steps yesterday toward adopting a more subtle approach.
Paul Blustein

Auto Industry Gets New Fuel Economy Rules
WASHINGTON — The government is telling automakers to start churning out pickup trucks, sport utility vehicles and vans that go farther on a gallon of gas than today's models.
KEN THOMAS

States Face Loss of Funds From Tobacco Settlement
States could lose billions of dollars they now receive from tobacco companies under a 1998 national tobacco settlement because the big cigarette makers are losing market share to small companies that did not sign the agreement.
Marc Kaufman

Pfizer hit in Lipitor lawsuit - New York Daily News (Stock Trading)

Wednesday, March 29th, 2006

Pfizer hit in Lipitor lawsuit - New York Daily News

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CNNMoney.com
Pfizer hit in Lipitor lawsuit
New York Daily News -2 hours ago
A group of union and employee insurance plans sued Pfizer, alleging the drugmaker increased their health-care costs by billions of dollars by illegally promoting the company's Lipitor cholesterol drug.
Pfizer faces class-action lawsuit over blockbuster drug LipitorChannel News Asia
Pfizer Cooperating With Lipitor Marketing ProbeLos Angeles Times
CNNMoney.com -Washington Post -Monsters and Critics.com -TheNewsTribune.com (subscription) -all 70 related

eBay fights shutdown court threat - BBC News

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BBC News
eBay fights shutdown court threat
BBC News -1 hour ago
Online auction house eBay goes to the US Supreme Court on Wednesday to prevent one of its core services being shutdown over a patent dispute.
eBay patent case arrives at Supreme CourtArs Technica
EBay,'patent troll' square off in top courtCanada.com
TMCnet -Financial Times -Register -CNET News.com -all 148 related

US Economy: Consumer Confidence Rises on Job Growth (Update1) - Bloomberg

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Examiner.com
US Economy: Consumer Confidence Rises on Job Growth (Update1)
Bloomberg -19 hours ago
Consumer confidence in the US jumped in March to the highest level in almost four years, driven by a strengthening labor market that's lifting American incomes.
Consumer Confidence Rebounds in MarchABC News
US consumer confidence jumps to near 4-year highReuters
Xinhua -San Jose Mercury News -MarketWatch -Florida Today -all 294 related

US urges China to head off rising trade anger - Reuters

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Xinhua
US urges China to head off rising trade anger
Reuters -4 hours ago
Secretary of Commerce Carlos Gutierrez warned China on Wednesday that rising protectionist anger in the United States could damage economic ties and urged Beijing to narrow the trade gap.
US encourages China to move towards innovation economyXinhua
China Should Improve Market Access Gutierrez Says (Update1)Bloomberg
Malaysia Star -Forbes -Voice of America -People's Daily Online -all 379 related

Glaxo agrees to payment - San Francisco Chronicle

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BBC News
Glaxo agrees to payment
San Francisco Chronicle -41 minutes ago
State Attorney General Bill Lockyer said drugmaker GlaxoSmithKline has agreed to pay $14 million to settle claims that it forced government health plans to pay inflated prices for its antidepressant Paxil through a fraudulent scheme to block the sale of
GlaxoSmithKline agrees to $14M pact over Paxil claimsMarketWatch
Glaxo agrees US Paxil settlementBBC News
Reuters.uk -Seattle Post Intelligencer -Indianapolis Star -all 197 related

US seeks to ease Sino trade tensions - Monsters and Critics.com

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AXcess News
US seeks to ease Sino trade tensions
Monsters and Critics.com -4 hours ago
Trade frictions between Washington and Beijing have been escalating for the last several months with threats by Congress to take
Senators delay China tariff voteMarketWatch
US senators unveil bill to prod China on currencyReuters
Voice of America -FOX News -Bloomberg -Seattle Post Intelligencer -all 139 related

Record passengers for bid target BAA - Manchester Evening News

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Earthtimes.org
Record passengers for bid target BAA
Manchester Evening News -3 hours ago
AIRPORT company BAA has put investors on standby for record passenger numbers as it plotted continued growth through to 2008. The company - an 8.75bn bid target for Spanish firm Ferrovial - said 133.2m passengers
Macquarie in bed with BAA biddersBBC News
BAA bid: Spain recruits MacquarieCNN International
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Oil prices dip before US inventories data - TODAYonline

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Metro Toronto
Oil prices dip before US inventories data
TODAYonline -2 hours ago
World oil prices fell slightly as the market awaited the latest weekly snapshot of US crude inventories. Crude futures had surged on Tuesday above 66.0 dollars per barrel in New York as violence in Nigeria
Oil surges above $65 on supplies, Nigeria concernsGulf Times
Commodities: Oil rises above $66ShareCast
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Bernanke needs to look tough on inflation - National Post

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Washington Times
Bernanke needs to look tough on inflation
National Post -2 hours ago
The US Federal Reserve may have used those dreaded words –"inflation pressures" — in its monetary statement yesterday, feeding concerns among investors that more rate hikes are on the way.
Fed Likely to Pause After Another Rate Increase: John M. BerryBloomberg
Bernanke faces hurdles on setting goal for inflationChicago Tribune
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Ship fire puts heat on industry - Miami Herald

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Tampa Bay's 10
Ship fire puts heat on industry
Miami Herald -3 hours ago
Recent cruise ship tragedies are expected to reverberate throughout an industry that's already facing increased scrutiny. BY AMY MARTINEZ.
Carnival says fire-damaged ship to hit earningsMSN Money
Carnival says fire-damaged ship to hit earningsABC News
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EU Deliberates Capping Roaming Charges - Deutsche Welle

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FinFacts Ireland
EU Deliberates Capping Roaming Charges
Deutsche Welle -2 hours ago
In a potential blow to mobile phone operators, the European Commission has begun considering a proposal that could see roaming charges on mobile phones in the EU reduced.
EU determined to cut mobile roaming bills by about 60pcUnison.ie
Consumers happy, industry less so on roaming regulationEurActiv.com
Independent -Maltamedia Daily News -Mobile Europe -Forbes -all 290 related

GM to Lay Off Several Hundred Employees - New York Times

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AXcess News
GM to Lay Off Several Hundred Employees
New York Times -18 hours ago
DETROIT, March 28 - General Motors laid off several hundred white-collar workers on Tuesday, the latest piece of a restructuring plan that is making deep cuts in all ranks of the company.
GM to Lay Off Several Hundred EmployeesABC News
Update 8: GM Lays Off Several Hundred EmployeesForbes
Bloomberg -Seattle Post Intelligencer -Monsters and Critics.com -Los Angeles Times -all 600 related

Ranbaxy acquires Terapia for $ 324 mn - Hindu

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Journal of Turkish Weekly
Ranbaxy acquires Terapia for $ 324 mn
Hindu -5 hours ago
New Delhi, March 29 (PTI): India's leading drug-maker Ranbaxy today said it has acquired Terapia, the largest independent generic company in Romania, for 324 million dollars and aims to make that country its manufacturing hub in Europe.
Ranbaxy attacks Europe, annexes TerapiaFinancial Express
Ranbaxy buys Terapia for $324 millionRediff
Forbes -BBC News -Reuters India -NewKerala.com -all 34 related

Smart-tek Awarded $150,000 Contract (Stock Trading)

Wednesday, March 29th, 2006

Smart-tek Awarded $150,000 Contract
CORTE MADERA, Calif., March 28, 2006 (PRIMEZONE) — Smart-tek Solutions, Inc. (OTCBB:STTK) announced today that its operating subsidiary Smart-tek Communications Inc. ("SCI"), has been awarded the security/surveillance contract for The Vine project. The value of the contract is in excess of $150,000.

Nannaco Announces Agreement to Acquire Internet Based Radiation Oncology Treatment Planning Firm
GIG HARBOR, Wash., March 28, 2006 (PRIMEZONE) — Nannaco, Inc. ("Nannaco") (Pink Sheets:NANN) announced today that on March 17, 2006, it entered into an agreement and Plan of Merger with GAK Acquisition Inc., which owns the right to acquire Comprehensive Physics&Rehabilitation Services ("CPRS"), a Nevada corporation. On the effective date of the merger, Nannaco will issue an amount of shares representing 95% of the issued and outstanding shares of Nannaco to the shareholders of GAK Acquisition, Inc. and will be allowed to elect one person to the Board of Directors.

Azurel, Ltd. Intends to Merge with National Stem Cell, Inc.
NEW YORK, March 28, 2006 (PRIMEZONE) — Azurel, Ltd. (Pink Sheets:AZUR) today announced that it has entered into a letter of intent to merge with National Stem Cell, Inc. (NSCI). Upon the completion of the merger, NSCI shareholders will own more than 90% of the outstanding shares of the surviving entity which will be called National Stem Cell, Inc.

miNetwork Announces Corporate Re-Structuring
LAS VEGAS, March 28, 2006 (PRIMEZONE) — MiNetwork Group, Inc. (Pink Sheets:MWKG) announced today that after months of attempting to finance the on-going capital and operating expenses of the corporation and attempting to develop the core business of VOIP phone distribution, without success, the Board of Directors of the Corporation has approved an exclusive global licensing transaction with a group of private Alberta investors.

GlobeOp Adds Access To Instinet's Newport Front-End Through GoMarkets Platform
LONDON, March 28, 2006 (PRIMEZONE) — GlobeOp Financial Services (GFS(SM) or GlobeOp(R)), a provider of fund administration and related support services for hedge funds, fund of funds, and high net worth family wealth offices, announced today an agreement with Instinet, a global agency-broker, aimed at significantly streamlining international equities trading for GlobeOp's hedge fund clients.

Pretty Feet&Hands Donates to Susan G. Komen Foundation
LENEXA, Kan., March 28, 2006 (PRIMEZONE) — Pretty Feet&Hands(R), a drugstore classic loved by women of all ages, has announced a partnership with the Susan G. Komen Breast Cancer Foundation. In support of breast cancer research and community outreach programs, maker B.F. Ascher&Co., Inc. will donate $25,000 to the Komen Foundation in 2006. Not only are Pretty Feet&Hands users improving their skin, but they're using a product that gives back to a worthwhile cause.

Motion DNA to Beef Up Its Management Team and to Seek Fully Reporting Status With an Investment Banker
SCOTTSDALE, Ariz., March 28, 2006 (PRIMEZONE) — Zig Ziegler, Founder, CEO and President of Motion DNA Corporation (Pink Sheets:MTDX), announced today that he intends to step down."As I have always promised to do whatever possible to enhance shareholder value of our Company's stock, I have decided to relegate myself the role of Director of Marketing and Technical Development and allow for the infusion of a powerful slate of officers and directors to continue to guide our Company thru the everyday operations and dealing with non-core corporate activities,"stated Ziegler.

Stock Trading - China Currency Reserves Top Japan's, China Business News Says - Bloomberg

Tuesday, March 28th, 2006

China Currency Reserves Top Japan's, China Business News Says - Bloomberg

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China Daily
China Currency Reserves Top Japan's, ChinaBusinessNewsSays
Bloomberg -23 hours ago
28 (Bloomberg) — China overtook Japan to become the world's largest holder of foreign-exchange reserves, the state- owned ChinaBusinessNewssaid, citing
Renminbi weakness tests US patienceFinancial Times
China relegates Japan in foreign reservesThe Age
China s forex reserves become the world s biggestFinancial Times
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Foreign business news in brief - Malaysia Star

Foreignbusinessnewsin brief
Malaysia Star, Malaysia -18 hours ago
TOKYO: Matsushita Electric Industrial Co, the world's biggest producer of plasma televisions, will delist its shares from the Frankfurt Stock Exchange and

Business News - MidWeek

BusinessNews
MidWeek, IL -2 hours ago
Businesses and building owners in Genoa s Main Street district are getting a helping hand if they want to improve their building facades.

Kyodo economic news summary -7-+ - TMCnet

Kyodo economic news summary -7-+
TMCnet -15 hours ago
The figure reported by the ChinaBusinessNewstops the $850.1 billion recorded for Japan at the end of the same month, announced by the Japanese Finance

Morning business news - RTE.ie

Morningbusinessnews
RTE.ie, Ireland -20 hours ago
AER LINGUS TAKES FIRS STEPS EAST - The great and good are gathered at Dublin Airport for Aer Lingus' inaugural direct flight to Dubai.

Business news and notes - Agri News

Businessnewsand notes
Agri News, MN -13 hours ago
BARABOO, Wis. — Foremost Farms USA reports that its 11th year ended with net income of $4.8 million, compared to $28.3 million in 2004.

Business news in brief - Cincinnati Post

Businessnewsin brief
Cincinnati Post, OH -15 hours ago
Duke Energy Corp.'s acquisition of Cinergy Corp. is expected to close at the end of the week, following Duke's acceptance of an

Pennsylvania business news in brief - Centre Daily Times

Pennsylvaniabusinessnewsin brief
Centre Daily Times, PA -6 hours ago
PHILADELPHIA - Frankford Candy is to open a new $20 million factory this spring, replacing three smaller factories. The new 500,000

Business news in brief from around New Jersey - Grand Forks Herald

Businessnewsin brief from around New Jersey
Grand Forks Herald, ND -9 hours ago
LYNDHURST, NJ - A less painful way of diagnosing and monitoring patients for certain leukemias and lymphomas is now available. Quest Diagnostics Inc.

More business news - Kentucky.com

Morebusinessnews
Kentucky.com, KY -10 hours ago
Americans optimism in the economy rebounded in March, sending a widely followed barometer of consumer sentiment to a near four-year high, a private research
If I were in charge…Philadelphia Inquirer
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GM Lays (Stock Trading) Off Several Hundred Employees - nwitimes.com

Tuesday, March 28th, 2006

GM Lays Off Several Hundred Employees - nwitimes.com

GM Lays Off Several Hundred Employees
nwitimes.com, IN -2 hours ago
GM shares fell 16 cents to $22.77 in late afternoontradingon the New YorkStockExchange after rising as high as $23.25 earlier in the day.