Stock Exchange

Friday, February 8, 2008

Alcatel-Lucent Posts $3.74 Billion Quarterly Loss (Update3)

Alcatel-Lucent Posts $3.74 Billion Quarterly Loss (Update3)
Bloomberg - In October, Alcatel-Lucent said that 2007 sales would be little changed at constant exchange rates, from a previous outlook for sales to be ``flat or slightly up'' from the previous year. Gross profit, or sales minus the cost of goods
Source: www.bloomberg.com

Budget or splurge?
Chicago Tribune - Currencies indirectly linked to the U.S. dollar--including those of the Dominican Republic, Jamaica, Mexico, Trinidad and Tobago--are so tied to us that they've also kept roughly the same exchange rate. And, of course, the tender for Puerto Rico and
Source: www.chicagotribune.com

Philippine government to issue debt exchange warrants this month
Forbes - MANILA (Thomson Financial) - The Philippine government will issue warrants this month that will enable holders of its dollar- or euro-denominated bonds to convert to peso-denominated bonds in case of a default, issue manager Credit Suisse said Friday
Source: www.forbes.com

UPDATE 1- Falling LME stocks lift copper to 3-month high
Forbes - LONDON, Feb 8 (Reuters) - Copper hit a three-months high on Friday, underpinned by signs supplies were getting tighter as London Metal Exchange inventories dwindle. The move up in copper fuelled the complex higher with lead jumping 5 percent at one
Source: www.forbes.com

Copper Advances, Heading for Biggest Weekly Gain in Nine Months
Bloomberg - Copper for delivery in three months rose $110, or 1.5 percent, to $7,650 a metric ton as of 9:14 a.m. on the London Metal Exchange, for a 5.8 percent advance this week. That would be the biggest weekly gain since May 4. Prices earlier climbed to $7
Source: www.bloomberg.com

Mechel plans to list 4 bln usd of coal assets on Frankfurt exchange
Forbes - MOSCOW (Thomson Financial) - OAO Mechel plans to spin off its coal mining assets and list 20 pct of the shares on the Frankfurt Stock Exchange in order to raise 4 bln usd, an industry source told Russia's Kommersant daily. The new company
Source: www.forbes.com

European Stocks Rise, Led by Julius Baer; Japanese Shares Fall
Bloomberg - Crude for March delivery climbed as much as 77 cents, or 0.9 percent, to $88.88 a barrel in after- hours electronic trading on the New York Mercantile Exchange. Yesterday the contract jumped 1.1 percent. BHP Billiton, the world's largest
Source: www.bloomberg.com

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