Pennsylvania Sun
PennsylvaniaSun.com Thursday 29th July 2010 Volume 0210/8
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Some California state workers to take unpaid leaveSome California state workers to take unpaid leave
Governor Arnold Schwarzenegger of California has given an executive order for some state workers to take three unpaid days off per month starting in...


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Greek truck drivers get back to work order from governmentGreek truck drivers get back to work order from government
The Greek government, using a rare law, has ordered truck drivers back to...
Protesters gather at Fiat Mirafiori plantProtesters gather at Fiat Mirafiori plant
Fiat car workers in Italy have been running protests over the company’s future in its home...
Report says Alaskan spill was caused by power failureReport says Alaskan spill was caused by power failure
A power failure contributed to a 4,500-barrel oil spill in the US in...
Boeing profits down while expectations riseBoeing profits down while expectations rise
Aircraft giant Boeing its net profit for the April through June quarter was down due to a fall in plane...
Kraft says it will maintain Cadbury heritageKraft says it will maintain Cadbury heritage
Cadbury has seen the departure of many senior staff from its UK office since it was taken over by Kraft earlier this...
3D camera coming from Panasonic in August3D camera coming from Panasonic in August
Panasonic has developed a camcorder that will record birthdays, weddings and family events in...
Air travellers welcome seating changesAir travellers welcome seating changes
Some airline passengers may be feeling more comfortable in their seats, with dozens of airlines opting to install wider seats with more leg...
Passengers might be asked to self-board ContinentalPassengers might be asked to self-board Continental
Continental Airlines in the US is testing a controversial self-boarding...
Resorts spring up in Gaza StripResorts spring up in Gaza Strip
Palestinians have invested $20 million or more in new tourist infrastructure in...
U.S. stocks under pressureU.S. stocks under pressure
U.S, stocks were easier on Wednesday following the release of data on durable goods...
Stocks climb on earnings, drop in jobless claims
NEW YORK — Stocks rose Thursday after a new batch of upbeat earnings and a modest drop in jobless claims renewed some optimism about the economy. Southwest Airlines Co., ExxonMobil Corp.,...
Molycorp shares drop after miner prices IPO below expectations, raising $393.8M
NEW YORK - Shares of rare earth metals producer Molycorp are dropping after the company priced shares of its initial public offering below expectations, raising $393.8 million. The Greenwood...
NC marine sciences expert says Gulf oil unlikely to reach East Coast as initially projected
RALEIGH, N.C. - An expert on marine sciences and coastal circulation says it's unlikely oil from BP's massive spill in the Gulf of Mexico will reach the East Coast. Roy He of North Carolina State...
Shell 2Q Profit Up 34%, Nearly Doubles Earnings
Shell released its second quarter and half year 2010 results and second quarter interim dividend announcement for 2010. Royal Dutch Shell Chief Executive Officer Peter Voser commented, "We are...
Professional Research on American Express and Capital One -- Losses on Bad Loans Goes Down
www.wallstreetequityresearch.com to receive free research reports on these equities. Credit card charge-offs, loans that credit card companies don't expect to be collected, have declined for the...
Research on Caterpillar and Manitowoc -- Despite New Regulatory Pressures Earnings Are Positive for Machinery Stocks
www.stockcall.com/ offers investors comprehensive research on the farm & construction machinery industry and has completed analytical research...
KnowledgeLake Earns Microsoft US West Region Excellence in Competency Partner Award
ST. LOUIS, MO--(Marketwire - July 29, 2010) - KnowledgeLake today announced it received the 2010 Microsoft US West Region Excellence in Competency Award. The award honors KnowledgeLake's innovative...
McClatchy 2Q earnings drop; ad trends improve
SACRAMENTO, Calif. -- Newspaper publisher McClatchy Co. said Thursday its second-quarter net income dropped sharply from last year's results that were boosted by a gain from debt restructuring.But...
Univest Corporation of Pennsylvania -- Univest National Bank and Trust Co. -- Reports Second Quarter Earnings
business banking , online banking, residential mortgages, insurance products, investment and wealth advisory solutions today announced financial results for the second quarter. Univest reported net...
Financial Stocks: Financials rise as Ameriprise gains 10%
NEW YORK (MarketWatch) -- Shares of U.S. financial companies opened broadly higher Thursday, boosted by Ameriprise Financial Inc. and a premarket government report that said jobless claims declined...
Market Snapshot: U.S. stocks struggle to hold gains
NEW YORK (MarketWatch) -- U.S. stocks moved modestly higher Thursday, with the S&P 500 Index making a comeback after a two-day decline, as jobless claims fell and Exxon Mobil Corp. joined the...
Metals Stocks: Bargain hunting supports gold prices for now
SAN FRANCISCO (MarketWatch) -- Gold futures Thursday extended their modest rise from the last session as lower prices enticed bargain hunters and Asian users of the physical metal off the sidelines. ...
Biotech Stocks: AMAG, Covance slide on earnings reports
BOSTON (MarketWatch) -- AMAG Pharmaceuticals Inc. shares fell in early trading Thursday, the day after the company issued an earnings report that fell shy of Wall Street expectations. Shares of...
Retail Stocks: Retail stocks lifted by RadioShack; Cabela's down
NEW YORK (MarketWatch) -- Retail stocks rose on Thursday after the Labor Department reported initial jobless claims fell more than expected, giving some relief to the troubled job...
Movers & Shakers: Thursday's biggest gaining and declining stocks
+16.48% ) shares leaped 15%. Second-quarter profit reached 25 cents a share from 23 cents in the year-earlier period. Excluding one-time items, the Ft. Lauderdale, Fla., business-software provider...
Wall Street News Alert: Stock in Focus: HNHI -- July 28, 2010
FDX ). To receive FREE Mobile Stock Alerts formatted especially for your cell phone, text the word "press" in the subject line to 68494. H & H Imports Inc....
Earnings Watch: Updates, advisories and surprises
+1.97% ) added 2% on the Toronto Stock Exchange Thursday after the Calgary-based oil sands and natural gas company reported second quarter earnings earlier in the session. Suncor swung to a profit...
Tech Stocks: Nvidia, Symantec losses take tech's center stage
SAN FRANCISCO (MarketWatch) -- Tech stocks were mostly on the rise Thursday, but the sector's gains were tempered by big declines from the likes of Nvidia Corp., Akamai Technologies Inc. and Symantec...
Futures Movers: Oil reverses higher, tracking stocks
SAN FRANCISCO (MarketWatch) -- Crude-oil futures reversed higher Thursday, as natural gas kept a grip on strong gains ahead of a U.S. government update on supplies. Crude for September delivery...
Bond Report: Treasurys mostly up before 7-year note auction
NEW YORK (MarketWatch) -- Treasury prices on most maturities rose on Thursday, pushing short-term yields higher, as traders prepare for the government's sale of 7-year notes, the last debt auction of...
Will Angelina Jolie's Salt be a seller?
Angelina Jolie plays Evelyn Salt – an Anna Chapman-type figure accused of being a Russian spy – in this high-octane action thriller from Philip Noyce, the Australian director whose career somehow...
Fall in US jobless claims lifts Wall Street and FTSE
A set of reasonable US figures has been seized upon by the markets, sending Wall Street higher in early trading.Weekly jobless claims fell by 11,000 to 457,000, some 2000 lower than forecasts. So the...
FSA to toughen City pay code
City watchdog launches consultation on remuneration code – expanding its scope from 27 firms to 2,500, tightening the rules on bonuses and cracking down on 'rewards for...
O'Keeffe provides €7m fund for academic researchers to commercialise their work
O'Keeffe provides €7m fund for academic researchers to commercialise their work By Michael Hennigan, Founder and Editor of Finfacts Jul 29, 2010 - 2:48:11 PM ...
Motorola Profit, Revenue Beat Wall Street View
posted quarterly earnings and revenue that beat Wall Street expectations driven by products such as mobile network equipment, sending its shares up 1...
Ball posts narrower Q2 earnings, but cites gain after adjustments
reported narrower second-quarter earnings Thursday, but cited an increase in profit after excluding discontinued operations. The Broomfield-based packaging maker (NYSE: BLL), which also has an...
Toronto stock market opens with solid gain following strong Q2 earnings
TORONTO - The Toronto stock market opened with a solid gain Thursday following a batch of upbeat earnings from key resource companies. The S&P/TSX composite index gained 65.17 points to...
Maple Leaf Q2 profit dragged down by currency charge, operating earnings solid
TORONTO - Meat and baked goods producer Maple Leaf Foods Inc. (TSX:MFI) said Thursday its second-quarter profit was dragged down by a $20.7-million charge for interest rate swaps to $3 million or two...
Rising oil prices boost Exxon Mobil 2Q net income to $7.56 billion
NEW YORK, N.Y. - Exxon Mobil Corp. said Thursday its second quarter income nearly doubled to $7.56 billion as oil prices increased from last year. It's Exxon's highest quarterly profit since the...
China’s Sashimi Appetite Boosts Cathay Pacific
July 29 (Bloomberg) -- Xin Jing spends about 200 yuan ($30) on Japanese sashimi each time she visits City’super’s grocery store in Shanghai. Her appetite is helping fill cargo planes...
Vale to Buy Brazil’s Paranapanema for $1.14 Billion
July 29 (Bloomberg) -- Vale SA, the world’s largest iron- ore producer, said it plans to buy Brazilian copper producer Paranapanema SA for 2.01 billion reais ($1.14 billion) as it seeks to...
U.K. Bonus Plan to Cover 2,500 Banks, Funds, FSA Says
July 29 (Bloomberg) -- The U.K. financial regulator proposed expanding the firms covered by rules on bonuses and compensation from 27 to 2,500 banks, building societies and hedge funds to comply with...
Lockheed Delay on New Interceptor Missile Slows Mideast Defense
July 29 (Bloomberg) -- Lockheed Martin Corp., the world’s largest defense contractor, is at least a year behind schedule delivering the first 24 of the Pentagon’s newest interceptor...
Amazon.com Introduces $139 Kindle Amid Apple Tussle
July 29 (Bloomberg) -- Amazon.com Inc. Chief Executive Officer Jeff Bezos cut prices and added features to the Kindle to defend it against a threat from Apple Inc. in the fast- growing market for...
Korea Firm Courts Harrah’s for Cambodia Angkor Casino
July 29 (Bloomberg) -- South Korean developer Intercity Group plans to start construction in October on a $400 million casino resort complex near Cambodia’s Angkor Wat temples that aims to draw...
ManTech boosts earnings, cuts guidance
ManTech International Corp . reduced its forecast for the year despite reporting double-digit growth in revenue and earnings in the second quarter. The company reported fiscal second-quarter...
First Commonwealth 2Q earnings rise
Thomson Reuters on a range between 2 cents and 9 cents. For the six months ended June 30, First Commonwealth’s (NYSE:FCF) net income was $374,000, compared to a $16.9 million loss for the...
American Beverage reports 2Q earnings
American Beverage Corp. , a Pittsburgh-based maker of Hugs juices and drink mixes, had second quarter revenue of 32 million euros, compared to 36.2 million euros for the same three months in 2009. ...