HELSINKI, Finland, Oct. 25, 2006 (PRIMEZONE) -- As a result of Metso's annual strategy process, Metso's Board of Directors has today updated Metso's financial targets and raised the dividend policy. The decision is based on Metso's positive financial development and the continuing favorable market situation. The following new financial targets replace the previous targets set in August 2005:
AMERICAS.
CALABASAS, Calif., Oct. 24 (AP) — Countrywide Financial, the nation’s largest mortgage lender, said on Tuesday that it would cut its work force by more than 2,500, or about 5 percent, even as growth in its loan servicing portfolio pushed its third-quarter profit up 2 percent.
The former chief financial officer of Comverse Technology pleaded guilty to conspiracy and securities fraud for his role in a stock options scheme.
Wall Street wobbled through a listless session and closed mixed yesterday as investors awaited the results of this week’s Federal Reserve meeting. Modest gains in the Dow Jones industrial average were enough for the measure to set new intraday and closing records.
Profits at the aerospace and military contractors Lockheed Martin and Northrop Grumman climbed in the third quarter on strong sales of jet fighters, submarines and mail-sorting machines, the companies said yesterday.
The New York Stock Exchange barred firms from casting votes on behalf of customers who do not provide voting instructions on corporate proxy matters.
Since Vietnam has gone from communism to a form of capitalism, it has begun surpassing many of its neighbors.
The long-terms risks of deadly clotting from drug-coated heart stents has been exaggerated in recent weeks, experts said.
For many patients with chronic diseases, it would be cheaper to provide free preventive care than to absorb the high cost of repeated emergencies.
© Fresh News
