Citigroup net slides 57 pct on writedowns, losses - October 16, 2007 8:00

NEW YORK (Reuters) – Citigroup Inc said on Monday that third-quarter profit fell 57 percent as losses mounted from subprime and leveraged loans, fixed-income trading and its U.S. consumer business. Read More… NEW YORK (Reuters) – Blackstone Group and the banks involved in the $1.8 billion takeover of mortgage and vehicle fleet company PHH Corp […]

INDIA, AUSTRALIA TIE UP FOR WHEAT RESEARCH PROGRAMME (workshop in Delhi on sustainable wheat production) - October 16, 2007 8:00

INDIA, AUSTRALIA TIE UP FOR WHEAT RESEARCH PROGRAMME (workshop in Delhi on sustainable wheat production) AMFarm scientists from India and Australia are collaborating on a five-year research programme aimed at improving drought and temperature tolerance, disease resistance and quality of wheat. A three-day workshop on sustainable wheat production through Source: c.moreover.com

Bail-out plans weigh on yen - October 15, 2007 14:00

Bail-out plans weigh on yen The yen fell to a two-month low against the dollar amid reports that three US banks were planning a fund to buy mortgage-linked securities in an attempt to limit damage from the recent turmoil in the credit marketsSource: www.ft.com

Danaher to buy Tektronix for $2.8 billion: report - October 15, 2007 14:00

NEW YORK (Reuters) – Danaher Corp. , an industrial conglomerate, is close to a deal to buy electronic testing company Tektronix Inc. for about $2.8 billion, the Wall Street Journal reported on Monday, citing sources. Read More…

Futures flat as bank fund news awaited (Reuters) - October 15, 2007 14:00

Reuters – Stock futures were little changed on Monday, with oil prices at record highs while investors stayed cautious on reports U.S. banks were planning an $80 billion fund to support the struggling asset-backed commercial paper market. Read More…

Hot Stock Alert (TMDI) – Sponsored Link - October 15, 2007 14:00

Hot Stock Alert (TMDI) – Sponsored Link Ad – Source: c.enhance.com India-Australia collaboration to improve wheat varieties Indian and Australian wheat collaborators are using their skills and experiences to focus on the implementation of molecular technologies to develop improved wheat varieties for both countries. University of Sydney’s Plant Breeding Institute is Source: c.moreover.com

European equities up as energy stocks rally - October 15, 2007 12:00

European equities were higher, with oil stocks up as crude prices hit new records, while luxury goods groups buoyed by strong sales figures from LVMH Read More…

Medtronic suspends sale of heart device - October 15, 2007 12:00

NEW YORK (Reuters) – Medical devices maker Medtronic Inc. said on Monday it suspended sales of a component to heart devices known as defibrillators, saying the equipment may have contributed to five patient deaths. Read More… NEW YORK (Reuters) – Danaher Corp. , an industrial conglomerate, is close to a deal to buy electronic testing […]

Nintendo market value tops 10 trillion yen on Wii (Reuters) - October 15, 2007 12:00

Reuters – Nintendo Co Ltd (7974.OS) surpassed 10 trillion yen ($85 billion) in market value on Monday, joining Toyota Motor Corp (7203.T) and Mitsubishi UFJ Financial Group (8306.T) as one of the bluest of Japanese blue-chip stocks. Read More…