FMX | Connect – www.fmxconnect.com - (Reported 7/19/2010)
- Abu Dhabi & UTD TECH plans $800M military aircraft repair joint venture
- Asian stock markets were lower Monday, dragged by Wall Street's losses on Friday.
- BOE's Sentance says 'gradual' rate increase in UK would help recovery.
- China Oil Spill pollutes 50 sq km. of sea
- Dollar weakens most in 14 months versus Euro on signs of economic slowdown.
- Housing, Leading Index in US probably slumped in sign recovery slowing.
- IMF says Hungary must do more to boost revenue, reform state enterprises.
- U.S. consumer prices dipped 0.1% in June from the previous month.
- AIG agrees to $725M settlement of securities suit.
- Apollo's Hotel Company Innkeepers USA is said to prepare bankruptcy filing.
- BP to sell half its stake in Alaska’s Prudhoe Bay oil field to Apache
- Carlyle, TPG likely to buy out Healthscope for $1.7B in cash.
- Citigroup reported profit of $2.7B, down 37% YoY; but beats analyst estimates.
- Delta's June net income rises from a $257M loss last year to a $467M gain this year.
- Goldman's Kinder Morgan said to proceed with IPO, seek banks to run sale.
- Halliburton's June net income up from $262M last year to $486M this year.
- Hasbro's Junenet income up from $39M last year to $44M this year.
- J&J reorganizes plant tied to recall and cuts 300 jobs
- Mattel's Q2 net rises 140% to $51.6M as revs rose 13%, in line with est., to $1.02B.
- Motorola near wireless asset sale to Nokia-Siemens JV for ~$1.2B.
- PetroChina says Dalian oil spill contained; port shut after blasts and leak
- Philips Shares Fall On Fears Of Slowing Sales Growth
- Schwab's Q2 earnings were flat at $205M as revs dipped $5M to $1.08B.
- Telefonica drops $9.2B offer for Portugal Telecom's stake in Vivo, rejects extension.
- Unilever to sell Findus Italy division to Birds Eye Iglo for $1.04B
- US orders BP to reopen Gulf Well, capture oil after concluding tests.
Source: ZeroHedge
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