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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Philippine Times.com http://www.philippinetimes.com/index.php/ct/10/id/3a8a80d6f705f8cc/ en-us Thu, 24 Jul 2008 00:30:01 -0400 Thu, 24 Jul 2008 00:30:01 -0400 30 Stocks advanced for the second straight session Wednesday with another decline in oil prices and several upbeat profit reports on Wall Street. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385691/cs/1/ Wed, 23 Jul 2008 19:20:22 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385691/cs/1/ The US Coast Guard has reported the collision of of a tugboat and an oil tanker on the Mississippi River. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385708/cs/1/ Wed, 23 Jul 2008 22:17:21 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385708/cs/1/ Many US banks have been accused of unwittingly allowing their online customers to take risks with their passwords and other sensitive account information. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385707/cs/1/ Wed, 23 Jul 2008 22:12:48 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385707/cs/1/ The Fox News Channel in New York was surrounded by demonstrators on Wednesday. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385706/cs/1/ Wed, 23 Jul 2008 22:11:29 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385706/cs/1/ Bank of England policymakers have voted to keep rates steady at 5% in the UK. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385705/cs/1/ Wed, 23 Jul 2008 22:10:13 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385705/cs/1/ US company, SLM, otherwise known as Sallie Mae, has revealed a second-quarter profit plunge. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385704/cs/1/ Wed, 23 Jul 2008 22:08:42 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385704/cs/1/ New York Mayor Michael Bloomberg and Microsoft Corp co-founder Bill Gates have pledged US$375 million against global tobacco. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385703/cs/1/ Wed, 23 Jul 2008 22:07:32 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385703/cs/1/ A former Australian airline executive has been convicted of fraud in the US. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385702/cs/1/ Wed, 23 Jul 2008 22:05:59 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385702/cs/1/ The European Commission has given the German car manufacturer Porsche permission to take over Volkswagen. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385701/cs/1/ Wed, 23 Jul 2008 22:04:45 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385701/cs/1/ US automaker Chrysler is planning the elimination of an additional 1,000 white-collar jobs by the end of September. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385700/cs/1/ Wed, 23 Jul 2008 22:03:36 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385700/cs/1/ Major US stock indices closed higher Wednesday on strong earnings reports from technology, health and pharmaceutical companies and expectations that a major housing bill would be approved by Congress. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385710/cs/1/ Wed, 23 Jul 2008 23:00:09 -0400 Philippine Times.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/385710/cs/1/ Kevin Johnson , chief of Microsoft's Platform and Services Division, will also pave the way for a re-organization of the 14,000-strong unit, which oversees products and services such as Windows Vista,... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389990/ Wed, 23 Jul 2008 21:18:07 -0400 Computerworld http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389990/ WASHINGTON – Treasury Secretary Henry Paulson said Wednesday that agreement on a sweeping housing rescue bill will send a strong message to investors around the world and will be key to helping ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390993/ Wed, 23 Jul 2008 20:58:38 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390993/ It is the sort of folksy, down-to-earth talk you'd expect from a Texas rancher looking forward to his retirement. Speaking at a Houston fundraiser last week, George Bush aired his considered opinion o... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389956/ Wed, 23 Jul 2008 20:41:30 -0400 The Guardian http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389956/ 's popular cigarette brands. Helped by the weak dollar and an increase in the number of cigarettes shipped, the Marlboro maker beat Wall Street's earnings estimates in its first independent quarter. ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389974/ Wed, 23 Jul 2008 20:39:36 -0400 Forbes http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389974/ SAN FRANCISCO (MarketWatch) -- Amazon.com Inc. said Wednesday that quarterly earnings more than doubled, showing that the online retail giant is still able to put up strong sales numbers despite the s... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389947/ Wed, 23 Jul 2008 21:30:53 -0400 Market Watch http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389947/ By Kristina CookeNEW YORK (Reuters) - Stocks rose on Wednesday as financial shares climbed on optimism about a rescue plan for mortgage finance companies Fannie Mae and Freddie Mac and as the price of... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389988/ Wed, 23 Jul 2008 20:33:12 -0400 Earth Times http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389988/ Mike Obel July 23, 2008 - 8:17 p.m. NEW YORK (AP) - Shares of Caterpillar Inc., which makes heavy construction vehicles and equipment, sank Wednesday as investors focused on the company's risi... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389973/ Wed, 23 Jul 2008 21:56:23 -0400 Canadian Business http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389973/ SEATTLE (AP) — Microsoft Corp. says the executive in charge of its Windows and Web operations is leaving the company. Kevin Johnson was president of Microsoft's platforms and services division... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389977/ Wed, 23 Jul 2008 20:53:58 -0400 New Jersey Online http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389977/ NEW YORK – Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that high prices and the weak economy are destroying demand. ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393210/ Wed, 23 Jul 2008 20:58:38 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393210/ A slowdown in the resources sector is just under way, but the oil, fertilizer and mining companies are forecast to report strong profits.By the end of this week 27 S&P/TSX companies will have repo... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389959/ Wed, 23 Jul 2008 20:41:27 -0400 The Globe And Mail http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389959/ Despite auto industry pessimism, European small-car makers have reported solid earnings. But VW's future may depend on the resilience of emerging markets http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389984/ Wed, 23 Jul 2008 20:33:57 -0400 Business Week http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389984/ SUNNYVALE, Calif. (AP) -- Yahoo Inc. shares moved higher Wednesday but ultimately lost ground, a day after the company reported a drop in earnings and missed Wall Street's forecasts. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389992/ Wed, 23 Jul 2008 21:18:47 -0400 Tampa Bay Online http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389992/ Motorists are getting a bit of relief at the gas pumps, as prices slip amid reduced demand, higher gasoline supplies and a decline in crude oil futures. Some experts think crude oil and gasoline pr... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16392822/ Wed, 23 Jul 2008 21:24:53 -0400 Newsday http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16392822/ SAN DIEGO (Reuters) - San Diego City Attorney Michael Aguirre said on Wednesday he filed a lawsuit against Bank of America Corp and its Countrywide unit to prevent the mortgage lenders from foreclosin... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394292/ Wed, 23 Jul 2008 20:26:02 -0400 Reuters http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394292/ (QCOM) delayed its fiscal third-quarter earnings report and conference call, originally scheduled for Wednesday after the market close, to Thursday morning. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389969/ Wed, 23 Jul 2008 20:23:46 -0400 Morning Star http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389969/ For years, the Redmond, Wash., software giant's Windows operating system and Office suite of applications have dominated the computer software market. Some 90% of the world's personal computers run ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389966/ Wed, 23 Jul 2008 20:22:59 -0400 Morning Star http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389966/ WILMINGTON, Del. – A Delaware judge has postponed the start of a trial pitting cell phone chip maker Qualcomm Inc. against mobile handset maker Nokia Corp. in a dispute over licensing fees. T... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390413/ Wed, 23 Jul 2008 20:58:35 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390413/ All Associated Press news SAN FRANCISCO (AP) - VMware Inc.'s shares tumbled to a low Wednesday as investors punished the business software maker following a disappointing sales forecast, and a Citi an... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393561/ Wed, 23 Jul 2008 20:22:19 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393561/ Meeting Room Manager (MRM) , featuring an enhanced Microsoft Outlook Plug-In that makes it easier for customers to integrate meeting room management into their existing Microsoft Outlook environmen... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389949/ Wed, 23 Jul 2008 20:36:17 -0400 Market Wire http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389949/ All Associated Press news NEW YORK (AP) - Allstate Corp. said Wednesday that its profit plunged 98 percent, missing Wall Street's estimates, as the country's second-largest home and auto insurer recor... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393555/ Wed, 23 Jul 2008 20:22:09 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393555/ NEW YORK (Reuters) - SemGroup LP, an Oklahoma-based oil trading services company, on Wednesday said it received approval from the Bankruptcy Court for its initial motions related to its bankruptcy. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394295/ Wed, 23 Jul 2008 20:26:08 -0400 Reuters http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394295/ U.S. stocks rose for a second day as oil retreated, lawmakers moved closer to shoring up the mortgage industry and earnings reports from AT&T and Pfizer eased concern that the profit slump will w... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389979/ Wed, 23 Jul 2008 20:42:24 -0400 International Herald Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389979/ SAN FRANCISCO (AP) -- EMC Corp. said Wednesday its second-quarter profit climbed 13 percent, topping Wall Street's forecasts, as the data storage specialist rang up record sales despite fears that eco... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389953/ Wed, 23 Jul 2008 21:18:46 -0400 Tampa Bay Online http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389953/ NEW YORK, – Aflac Inc the world's largest seller of supplemental disability insurance, said Wednesday net income rose 16 percent in the second quarter, helped by stronger revenue reflecting a st... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393207/ Wed, 23 Jul 2008 20:58:30 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393207/ All Associated Press news TRENTON, N.J. (AP) - Profits posted Wednesday by Pfizer Inc. and Wyeth show a common theme among pharmaceutical companies — nearly all the growth they're seeing these days ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393558/ Wed, 23 Jul 2008 20:22:15 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393558/ ended the quarter with a nation-leading 72.9 million mobile customers, topping No. 2 U.S. operator Verizon Wireless, which serves about 69 million. Wireless revenue rose sharply to http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389982/ Wed, 23 Jul 2008 20:24:01 -0400 Morning Star http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389982/ Microsoft's Kevin Johnson, right, smiles at Brian P. McAndrews, CEO of aQuantive, during a brief news conference, Friday, May 18, 2007, in Seattle. THE ASSOCIATED PRESS/Elaine Thompson SEATTLE - Micr... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389965/ Wed, 23 Jul 2008 21:53:17 -0400 C News http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389965/ Posted on: Wednesday, 23 July 2008, 08:55 CDT Microsoft Corp is following the lead of popular websites Facebook and YouTube, as it begins to rely on Xbox 360 users to create new video games and broad... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389964/ Wed, 23 Jul 2008 21:41:52 -0400 RedOrbit http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389964/ GDI ) announced that revenues and net income for the three months ended June 30, 2008 were $518.1 million and $49.6 million, respectively. For the six-month period of 2008, revenues and net income ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389955/ Wed, 23 Jul 2008 20:36:25 -0400 Market Wire http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389955/ Stock Buzz ) quarterly profit doubled and beat expectations, helped by an asset sale gain, and 41 percent sales growth indicated to Wall Street that cost-conscious shoppers are heading online to save. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394296/ Wed, 23 Jul 2008 20:26:10 -0400 Reuters http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394296/ Stock Buzz ), the largest U.S. student loan company, said on Wednesday second-quarter net income fell 72 percent, hurt by restructuring expenses, but results were better than analysts had expected. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394290/ Wed, 23 Jul 2008 20:25:55 -0400 Reuters http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394290/ ). Conference call details are included herein. Total Qualcomm (GAAP) Third Quarter Results Total Qualcomm results are reported in accordance with generally accepted accounting principles (GAAP). http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393554/ Wed, 23 Jul 2008 20:22:05 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393554/ WASHINGTON – It was a hot lead for detectives on a cold case. People suddenly were getting salmonella at a Minnesota restaurant more than 1,000 miles from the center of the nation's outbreak. ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393204/ Wed, 23 Jul 2008 20:58:27 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393204/ San Diego City Attorney Mike Aguirre is taking on the lending industry, filing suit Wednesday against Countrywide Financial, which he accuses of engaging in unlawful and fraudulent predatory lending t... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393205/ Wed, 23 Jul 2008 20:58:34 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393205/ All Associated Press news SAN JOSE, Calif. (AP) - Cadence Design Systems, Inc. reported late Wednesday that its net income plummeted in the second quarter and that it was lowering its earning expectat... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393567/ Wed, 23 Jul 2008 20:22:27 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393567/ Stock Buzz ) on Wednesday, said its net profit was $748 million, or 45 cents a share for the quarter ended June 29, down 6 percent from the year-ago quarter. Before items such as its investment arm, Q... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394294/ Wed, 23 Jul 2008 20:26:05 -0400 Reuters http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394294/ TOKYO, July 24 (AP) - (Kyodo)—Tokyo stocks opened sharply higher Thursday as investors continued to find comfort in overnight rises on Wall Street and falling crude oil prices. In the first 15 mi... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389975/ Wed, 23 Jul 2008 22:00:14 -0400 Breitbart http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389975/ With work-at-home opportunities, we reported a 30-to-1 scam ratio three years ago. Now, it's gone up to 48-to-1. Another thing we're seeing more and more is these scammers billing themselves as "... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394971/ Wed, 23 Jul 2008 20:33:53 -0400 BusinessWeek http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394971/ All Associated Press news PALO ALTO, Calif. (AP) - Varian Medical Systems on Wednesday said its fiscal 2008 third-quarter profit rose nearly 48 percent as oncology systems sales led to an 18 percent j... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393556/ Wed, 23 Jul 2008 20:22:10 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393556/ for broadband service. Either way, the numbers don't bode well for other broadband carriers. "Forty-six thousand [new subscribers] is just ridiculously low compared to the kind of growth [AT&am... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390181/ Wed, 23 Jul 2008 21:05:32 -0400 Wired News http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390181/ leading financial services company and specialty retailer, reported today consolidated revenue of Ps.10,562 million and gross profit of Ps.5,055 million for the second quarter of 2008. In nominal t... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393563/ Wed, 23 Jul 2008 20:22:21 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393563/ All Associated Press news NEW YORK (AP) - Amazon.com Inc. showed Wednesday that it wasn't being hurt by economic weakness and high fuel prices, reporting second-quarter earnings that more than doubled... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393565/ Wed, 23 Jul 2008 20:22:23 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393565/ CEO, Microsoft confirmed on Wednesday. No immediate successor has been named. Johnson, who has been president of Microsoft's Platforms and Services Division, reports directly to CEO Steve Ballmer. M... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389957/ Wed, 23 Jul 2008 20:19:32 -0400 CNet http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389957/ NEW YORK – Stocks advanced for the second straight session Wednesday as another decline in oil prices and several upbeat profit reports eased some of Wall Street's concerns about the economy. ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390027/ Wed, 23 Jul 2008 20:58:32 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390027/ LOS ANGELES – Chipotle Mexican Grill Inc posted higher quarterly profit Wednesday as new restaurant openings fueled higher sales at the fast-growing chain. The Mexican-themed, fast-food chain... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393206/ Wed, 23 Jul 2008 20:58:28 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16393206/ Excluding a tax benefit, the loss was 85 cents per share. On that basis, analysts expected a loss of 82 cents per share, according to Reuters Estimates. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394291/ Wed, 23 Jul 2008 20:25:59 -0400 Reuters http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16394291/ UVSP ), parent company of Univest National Bank and Trust Co. of Souderton, Pa., has reported net income of $5,874,000 or $0.46 basic net income per share for the second quarter ended June 30, 2008,... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389981/ Wed, 23 Jul 2008 20:36:18 -0400 Market Wire http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16389981/ Chairman of South Korean firm Samsung, Lee Kun-hee, has filed an appeal over his suspended prison sentence and multi million dollar fine for tax evasion. The charges followed a three-month investigat... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390769/ Wed, 23 Jul 2008 20:18:51 -0400 BBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16390769/ eWEEK executive editor Michael Hickins talks to Barry Briggs, Microsoft's chief technology officer, about making IT a strategic partner for the business. Briggs talks about implementing master data ma... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383292/ Wed, 23 Jul 2008 16:41:13 -0400 eWeek http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383292/ Microsoft announced late Tuesday that it would no longer charge Windows gamers to connect to one another for multiplayer gaming, and this fall will launch an online store for downloading PC games.All ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383289/ Wed, 23 Jul 2008 16:41:05 -0400 Beta News http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383289/ Chrysler spokesman David Elshoff says the company hopes most of the cuts will be accomplished through early retirements, attrition and voluntary separation programs. But he says involuntary layoffs wi... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16386128/ Wed, 23 Jul 2008 16:39:08 -0400 MSNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16386128/ NEW YORK – Oil prices swayed between modest gains and declines Wednesday after dropping earlier when the government reported gasoline supplies rose far more than expected but crude inventories d... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387327/ Wed, 23 Jul 2008 16:10:09 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387327/ Long Island 's largest company in terms of sales, said Wednesday that profits were lower in the second quarter, compared to the same period a year ago, reflecting a "cautious" economy. But sales in... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16386821/ Wed, 23 Jul 2008 16:38:38 -0400 Newsday http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16386821/ NEW YORK – Costco Wholesale Corp warned Wednesday that its quarterly profit would miss current Wall Street targets because of soaring energy costs and other inflationary pressures, sending share... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387329/ Wed, 23 Jul 2008 16:10:08 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387329/ The Dow Jones 600 rose 2.09% and 16 of 18 Western European markets rose. In Dublin, the ISEQ Index surged 5%. AIB jumped 14.64% and abbey rose almost 13%. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383132/ Wed, 23 Jul 2008 16:33:37 -0400 Finfacts http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383132/ WILMINGTON, Delaware (Reuters) - A group of SemGroup LP creditors on Wednesday raised the prospect that unauthorized energy trading may have caused the $3.2 billion loss that sank the 12th-biggest pri... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16388547/ Wed, 23 Jul 2008 15:33:27 -0400 Reuters http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16388547/ (BARC.LN) and Royal Bank of Scotland PLC (RBS.LN) all up at least 10%, following early gains on Wall Street, merger speculation and early hopes that the worst could be over for the financial sector... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383298/ Wed, 23 Jul 2008 15:29:37 -0400 Morning Star http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383298/ All Associated Press news NEW YORK (AP) - Shares of Anadigics Inc. sank Wednesday after the company reported better-than-expected earnings in the second quarter, but a disappointing third-quarter outl... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387708/ Wed, 23 Jul 2008 15:29:13 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387708/ NEW YORK (Reuters) - ConocoPhillips <COP.N> said on Wednesday second-quarter operating earnings rose 13 percent as record crude prices propelled profits from its oil and gas production busine... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383284/ Wed, 23 Jul 2008 16:56:27 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383284/ By Cal MankowskiNEW YORK (Reuters) - Stocks were little changed on Wednesday after a rally in financial stocks ran out of steam while technology shares pared early gains.Home finance stocks Freddie Ma... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383301/ Wed, 23 Jul 2008 16:45:44 -0400 Earth Times http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383301/ Posted on: Wednesday, 23 July 2008, 12:00 CDT REGIONAL ROUNDUP BOSTON - State Street Corp. added nearly 400 jobs in Massachusetts in the past six months as it continued to sail forward with strong ea... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383297/ Wed, 23 Jul 2008 16:59:53 -0400 RedOrbit http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383297/ AIN will host a live audio webcast on Tuesday, August 5, 2008, to discuss second-quarter 2008 financial results, which will be announced on Monday, August 4, 2008, after the close of the market. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387701/ Wed, 23 Jul 2008 15:29:10 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387701/ The Company reported net income for the quarter ended June 30, 2008 of $1,016,000 or basic and fully diluted earnings of $0.38 per share, compared to net income of $882,000, or basic and fully dil... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387710/ Wed, 23 Jul 2008 15:29:08 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387710/ WASHINGTON – The country slogged through slower economic growth and rising prices during the summer, packing a double whammy to people and businesses alike. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387326/ Wed, 23 Jul 2008 16:10:10 -0400 San Diego Union-Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387326/ All Associated Press news MEMPHIS, Tenn. (AP) - Electrical component maker Thomas & Betts Corp. on Wednesday said it earned a higher second-quarter profit as results were boosted by a gain on the ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387702/ Wed, 23 Jul 2008 15:29:04 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387702/ Every year Microsoft challenges the students and staff at the University of Cambridge's engineering department to submit photos that are "beautiful, fascinating, intriguing, amusing, or possibly all o... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383286/ Wed, 23 Jul 2008 17:19:10 -0400 The Guardian http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383286/ "); Microsoft is helping youngsters in the Black Country learn about the joys of IT - and also plugging a skills gap for helpdesk support technicians in the region. The software giant has launched... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383291/ Wed, 23 Jul 2008 16:47:59 -0400 silicon.com http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383291/ Citigroup, the biggest U.S. bank by assets, more than doubled its stockpile of cash and easy-to-sell securities since last year and Gary Crittenden, the company's chief financial officer, said th... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383283/ Wed, 23 Jul 2008 15:53:42 -0400 International Herald Tribune http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383283/ WASHINGTON (Reuters) - The pace of U.S. economic activity slowed somewhat through mid-July and price pressures were elevated or increasing across the country, the U.S. Federal Reserve said on Wednesda... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16388546/ Wed, 23 Jul 2008 15:33:28 -0400 Reuters http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16388546/ Coal miner Peabody Energy Corp. said Wednesday its second-quarter profit more than doubled, beating Wall Street's expectations as the miner benefited from higher shipments, soaring global prices and t... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383293/ Wed, 23 Jul 2008 17:06:26 -0400 Examiner http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383293/ Porsche SE won European Union antitrust approval of its plan to gain a controlling stake in Volkswagen AG, Europe's largest automaker. Combining the German carmakers wouldn't harm competition, ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387721/ Wed, 23 Jul 2008 15:38:21 -0400 Times Of India http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387721/ (AXcess News) Reno - Yahoo's board of directors have insisted the price Microsoft offered to buyout the company was too low, at first citing its forecast earnings. But after Yahoo reported a 19% drop ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383303/ Wed, 23 Jul 2008 17:09:26 -0400 Axcess News http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383303/ All Associated Press news INDIANAPOLIS (AP) - Rising medical costs helped knock down the second-quarter profit for health insurer WellPoint Inc., but investors lifted the company's stock Wednesday aft... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387704/ Wed, 23 Jul 2008 15:29:06 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387704/ Subscribe to Portfolio magazine Trevor Foltz was six months old last fall, fresh off a visit to Disney World in Orlando, when the spasms first began. Healthy until that point in his life, he began th... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16388370/ Wed, 23 Jul 2008 16:18:06 -0400 Wired News http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16388370/ The quarter also included $20.8 million of premium revenue and 28 cents a share of retroactive rate increases and adjustments in Georgia. Despite the quarter, Slusser said the company still has "work ... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383281/ Wed, 23 Jul 2008 16:59:54 -0400 RedOrbit http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383281/ All Associated Press news MILAN, Italy (AP) - Three big European mass-market carmakers — Germany's Volkswagen, Italy's Fiat and France's Peugeot-Citroen — staved off the impact of higher gas price... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387706/ Wed, 23 Jul 2008 15:29:12 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387706/ www.efuelcorp.com ) is pleased to announce an increase in corporate revenues to $1,123,000 for the second quarter of 2008. This is an increase of over 200% in revenue over the first quarter of 2... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387705/ Wed, 23 Jul 2008 15:29:07 -0400 CNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16387705/ ) to negative from stable. "Although the current rating allows for some variance in financial performance within a credit cycle, the negative outlook reflects the possibility that operating stress m... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383296/ Wed, 23 Jul 2008 16:48:25 -0400 Market Watch http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383296/ SUNNYVALE, Calif. (AP) -- Yahoo Inc. shares moved higher Wednesday even after the company reported a drop in earnings and missed Wall Street's forecasts. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383305/ Wed, 23 Jul 2008 16:57:14 -0400 Associated Press http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16383305/ The specter of depression stalks America. You hear the word repeatedly. Are we in a depression? If not, are we headed for one? The answer to the first question is no; the answer to the second is "almo... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16386129/ Wed, 23 Jul 2008 16:39:09 -0400 MSNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16386129/ NEW YORK - The New York Times Co. will increase the Monday-Saturday newsstand cost of its flagship paper by 25 cents to $1.50, the publisher said Wednesday. http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16386127/ Wed, 23 Jul 2008 16:39:07 -0400 MSNBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16386127/ Global drugs giant GlaxoSmithKline (GSK) has unveiled plans to broaden its product base as it grapples with competition from generic drug makers. New boss Andrew Witty laid out his strategy as profit... http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16388472/ Wed, 23 Jul 2008 15:25:38 -0400 BBC http://story.philippinetimes.com/index.php/ct/9/cid/3a8a80d6f705f8cc/id/16388472/