Vivendi First-Half Adjusted Net Rises 4%; Raises Targets
U.S. Manufacturing Can Return, Casesa and Keller Say: Tom Keene
U.S. manufacturing can rebound if plants are competitive and unburdened by “legacy issues,” according to John Casesa of Casesa & Co. and Maryann Keller, president of Maryann Keller & Associates LLC.
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European Stocks Climb; Stoxx 600 Index Rises 0.4%
European stocks gained as Chinese manufacturing accelerated and Australia’s economy expanded at the fastest pace in three years.
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Burger King Rises in Early Trading on Report of Sale
Burger King Holdings Inc. rose as much as 16 percent in early trading after the Wall Street Journal said the fast-food chain is in talks with buyout firms on a possible sale.
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Bundesbank Says Talks With Board Member Sarrazin Continuing
The Bundesbank said its talks with board member Thilo Sarrazin are ongoing and it won’t make any announcement on the issue before tomorrow.
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Vivendi First-Half Adjusted Net Rises 4%; Raises Targets
Vivendi SA first-half adjusted net rose 4 percent to 1.53 billion euros. The company raised its target for the full year.
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Generali First-Half Net Income Rises 73% to 873 Million Euros
Samsung Electronics to Expand Pilot Solar-Cell Production Line
Samsung Electronics Co., Asia’s biggest maker of semiconductors, flat screens and mobile phones, will more than quadruple the capacity of its pilot solar-cell production line by the first half of next year, a company spokesman said.
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Apple Says IPhone Security Fix Will Come in Software Upgrade
Apple Inc. said it has developed a fix for a security flaw that can let users install unwanted applications onto iPhones, and that the remedy will be available in an update to the device’s software.
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FCC Ends Round of Talks With Companies on Internet Regulation
U.S. regulators have called off a round of discussions with companies on Internet regulation.
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U.S. Storm Forecast Reduced Because of Slow Start to Season
The U.S. reduced its forecast for the 2010 Atlantic hurricane season to 14 to 20 named storms, down from 14 to 23, because of less activity than expected in the first two months of the season. The National Oceanic and Atmospheric Administration said in a conference call with reporters that it still expects an active season.
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Generali First-Half Net Income Rises 73% to 873 Million Euros
Assicurazioni Generali SpA, Europe’s third-biggest insurer, said first-half net income rose to 873 million euros from 504 million euros a year earlier.
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