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Morgan Stanley and FedEx results not providing much of a pop for a market awaiting clues on interest-rate policy
Media Release
Jun. 21, 2006

Stock market futures on Wednesday pointed to another meandering session, with better-than-forecast Morgan Stanley and FedEx results not providing much of a pop for a market awaiting clues on interest-rate policy.
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Morgan Stanley and FedEx results not providing much of a pop for a market awaiting clues on interest-rate policy
Media Release
Stock market futures on Wednesday pointed to another meandering session, with better-than-forecast Morgan Stanley and FedEx results not providing much of a pop for a market awaiting clues on interest-rate policy. READ MORE>>
CIBC World Markets upgraded LED lighting company Color Kinetics Inc.
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CIBC World Markets upgraded LED lighting company Color Kinetics Inc. to sector outperformer from sector performer. READ MORE>>
NRG plans a power-plant-building
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NRG plans a power-plant-building initiative that would boost generating capacity by some 40%. READ MORE>>
Bidders for Univision were preparing offers near the range of the company's current stock price of $35.40 a share
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Bidders for Univision were preparing offers near the range of the company's current stock price of $35.40 a share, valuing the Spanish-language broadcaster at around $11 billion. READ MORE>>
Moody's and S&P cut ratings on about $30 billion of GM debt
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Moody's and S&P cut ratings on about $30 billion of GM debt after the auto maker unveiled plans to amend a loan facility READ MORE>>
Anheuser-Busch is hinting that it will make an effort to enter the liquor business
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Anheuser-Busch is hinting that it will make an effort to enter the liquor business amid the beer industry's loss of market share to wine and spirits. READ MORE>>
GE Healthcare, the UK-based subsidiary of General Electric, on Tuesday agreed to buy Swedish company Biacore
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GE Healthcare, the UK-based subsidiary of General Electric, on Tuesday agreed to buy Swedish company Biacore, a maker of technology used in drug discovery, for SKr2.9bn ($390m) in cash. READ MORE>>
Latin America, the Middle East and Africa saw the greatest growth in the number of rich people last year
Media Release
Latin America, the Middle East and Africa saw the greatest growth in the number of rich people last year as surging commodities prices and booming local stock exchanges increased the wealth of entrepreneurs and investors in emerging markets. READ MORE>>
Media owners must find ways to attract and retain talent and create stand-alone digital divisions in order to compete in the era of internet blogs: chief executive of WPP Sorrell
Media Release
The head of the UK advertising group also acknowledged the difficulty of competing against websites that destroyed business models... READ MORE>>
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