GRAND RAPIDS, Mich., Oct. 24 (AP) — Strong sales and the acquisition of a former rival helped to deliver a 3 percent increase in third-quarter profit for Whirlpool, but investors were worried about the overall appliance industry and the company’s stock fell 3 percent Tuesday.
Shares of the French telecommunications equipment maker Alcatel and of Lucent Technologies, which it is buying, rose after earnings reports Tuesday.
Carol’s Daughter has accomplished something that is rare for a homegrown business, especially one started by an African-American - it is opening stores in malls.
Amazon.com said Tuesday it would slow its investment in new technology in a bid to start reaping the rewards of its continuing growth.
The European Union authorities warned China today to open up a “two-way street” for global commerce or face action at the World Trade Organization.
With the end of Tower Records, a Lincoln Center classical outlet, listeners are at a loss.
NEW YORK, Oct. 24, 2006 (PRIMEZONE) -- Industrial Enterprises of America, Inc. (OTCBB:IEAME) today provided an update regarding the restatement of its Quarterly Report on Form 10-QSB for the Quarter ending March 31, 2006 and Annual Report for the Fiscal Year ending June 30, 2006.
DJ PHILIPPINES BUSINESS BRIEFS: PNB End-March NPL Ratio 27%MANILA (Dow Jones)--Philippine National Bank's (PNB.PH), or PNB, nonperforming loans totaled PHP28.19 billion, or 27%, of its loan portfolio,
SAN DIMAS, Calif., Oct. 24, 2006 (PRIMEZONE) -- Wavestream (www.wavestream.com), a manufacturer of new generation solid-state power amplifiers, today announced it has signed a contract with the U.S. Army Communications Electronics Research, Development & Engineering Center (CERDEC) to develop ultra high-efficiency Ku- and Ka-band amplifiers to materially enhance the utility of mobile, "on-the-move," satellite communications terminals. The contract is worth approximately $1.6 million. Wavestream will perform research and development on behalf of the Space and Terrestrial Communications Directorate (S&TCD) of CERDEC.
SAN FRANCISCO, Oct. 24, 2006 (PRIMEZONE) -- Oracle (Nasdaq:ORCL) together with The Nasdaq Stock Market, Inc. (Nasdaq:NDAQ) will be hosting a NASDAQ Closing Bell ceremony to commemorate Oracle OpenWorld 2006 and Oracle's 20th Listing Anniversary as a public company. Oracle OpenWorld is an annual forum held in San Francisco, California for business and technology leaders. It is the world's largest event dedicated to helping enterprises understand the power of information.
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