International Business News - DE http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of most machinery companies fell Friday, along with the broader market, as worries about a new record for oil prices outweighed a surprising jump in new home construction. http://www.ibtimes.com/articles/20080516/opening-glance-machinery.htm Fri, 16 May 2008 10:59:28 EDT Shares of machinery companies fluctuated in early trading Thursday after the release of reports showing a modest increase in jobless claims and weakness in the manufacturing sector. http://www.ibtimes.com/articles/20080515/opening-glance-machinery-stocks-waver.htm Thu, 15 May 2008 10:51:31 EDT Wall Street advanced Wednesday after a better-than-expected report on consumer prices tempered some of the market's concerns about inflation. The Labor Department's report that consumer prices advanced 0.2 percent in April after rising 0.3 percent in March seemed to alleviate investors' worries that the recent surge in energy costs would force prices throughout the economy to spike higher. The moderation in prices comes despite the largest jump in food prices in 18 years. http://www.ibtimes.com/articles/20080514/stocks-advance-after-lower-inflation-reading.htm Wed, 14 May 2008 21:14:39 EDT Among the earnings stories for Wednesday, May 14, from AP Financial News: LONDON (AP) _ J. Sainsbury PLC, Britain's third-largest grocer, unveiled plans to launch a nonfood online business next year while reporting on Wednesday a 1.2 percent rise in full year net profit. http://www.ibtimes.com/articles/20080514/earnings-roundup-j-sainsbury-deere.htm Wed, 14 May 2008 18:31:52 EDT Shares of Freddie Mac rose to record the largest gains on the Standard & Poor's 500 index Wednesday after the mortgage finance company posted a wider first-quarter loss, but beat analyst estimates. http://www.ibtimes.com/articles/20080514/s-p-500-leaders-laggards-wfmi-fre-de-phm-len.htm Wed, 14 May 2008 17:27:02 EDT Shares of machinery companies wavered Wednesday following a disappointing profit outlook from Deere & Co. The farm equipment company said its second-quarter profit rose 22 percent, but warned that rising material costs could cut into its profit in coming months. http://www.ibtimes.com/articles/20080514/closing-glance-machinery-stocks-mostly-decline.htm Wed, 14 May 2008 17:10:39 EDT The Chicago Tribune's managing editor for news is leaving the newspaper after 30 years. In a note to the staff Wednesday, George de Lama said he's had "two lifetimes' worth of adventures" during his career. But he says he's been wanting to try something new for a while now. http://www.ibtimes.com/articles/20080514/chicago-tribunes-managing-editor-for-news-leaving.htm Wed, 14 May 2008 16:23:31 EDT Among the earnings stories for Wednesday, May 14, from AP Financial News: PARIS (AP) _ Airbus parent EADS said Wednesday it returned to profit in the first quarter as the planemaker increased deliveries and cut costs, helping offset the weaker dollar. http://www.ibtimes.com/articles/20080514/earnings-roundup-eads-elixir-gaming.htm Wed, 14 May 2008 14:38:09 EDT Among the sector activity stories for Wednesday, May 14, from AP Financial News: NEW YORK (AP) _ Airline stocks rose Wednesday as oil prices eased further from recent record highs. http://www.ibtimes.com/articles/20080514/sector-roundup-airlines-internet.htm Wed, 14 May 2008 14:35:05 EDT Stocks that are moving substantially or trading heavily Wednesday on the New York Stock Exchange and Nasdaq: NYSE http://www.ibtimes.com/articles/20080514/macys-freddie-mac-among-big-market-movers.htm Wed, 14 May 2008 14:34:47 EDT Shares of farm equipment companies fell Wednesday, after Deere & Co. reported a 22 percent jump in fiscal second-quarter profit, but warned that rising costs of raw materials could lower its profits over the coming months. http://www.ibtimes.com/articles/20080514/sector-snap-deere-outlook-hits-farm-equipment-shares.htm Wed, 14 May 2008 13:25:15 EDT Among the earnings stories for Wednesday, May 14, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080514/earnings-roundup-macys-ing-groep.htm Wed, 14 May 2008 11:23:38 EDT Deere & Co., the world's biggest maker of farm machinery, said Wednesday its second-quarter profit rose 22 percent, propelled by lofty crop prices that stoked global demand for its farm equipment despite a faltering U.S. economy. http://www.ibtimes.com/articles/20080514/deere-2q-profit-rises-but-warns-of-cost-trouble-ahead.htm Wed, 14 May 2008 08:30:29 EDT Deere & Co. says its second-quarter profit rose 22 percent as lofty crop prices stoked global demand for its farm equipment. The Moline, Ill.-based maker of tractors and harvesting machinery said Wednesday its profit for the quarter ended April 30 jumped to $763.5 million, or $1.74 per share. That was up from $623.6 million, or $1.36 per share, during the same period last year. http://www.ibtimes.com/articles/20080514/deere-2q-profit-rises-22-percent.htm Wed, 14 May 2008 07:38:31 EDT With millions of stimulus checks going out to taxpayers, Wall Street wants to know where that money will be spent _ and this week's data could help investors gauge the mind-set of the average consumer. http://www.ibtimes.com/articles/20080511/wall-street-looks-to-us-consumers-for-direction.htm Sun, 11 May 2008 13:27:10 EDT Shares of machinery companies fell in early trading Friday, as oil prices rose above $126 a barrel for the first time before giving back some of its advance. http://www.ibtimes.com/articles/20080509/opening-glance-machinery-shares-fall-as-oil-prices-rise.htm Fri, 09 May 2008 10:54:49 EDT Shares of machinery companies fell Tuesday along with the broader market on disappointing earnings news and a jump in oil prices. Government-sponsored mortgage company Fannie Mae, homebuilder D.R. Horton Inc. and Swiss bank UBS all reported quarterly losses. Meanwhile, crude oil rose to a record $121.49 on the New York Mercantile Exchange, marking the first time oil has traded above $121. http://www.ibtimes.com/articles/20080506/opening-glance-machinery-stocks-fall.htm Tue, 06 May 2008 10:40:57 EDT It may always take two to tango, but it apparently only takes one arm to tango and mambo. Cristian de la Fuente and his partner were the top-scoring couple after Monday night's "Dancing With the Stars" performance round, despite an injury to the Chilean television actor's left arm. http://www.ibtimes.com/data/articleimgs/44246-people-cristian-de-la-fuente.jpg http://www.ibtimes.com/articles/20080506/cristian-de-la-fuente-is-a-one-armed-dancing-bandit.htm http://www.ibtimes.com/articles/20080506/cristian-de-la-fuente-is-a-one-armed-dancing-bandit.htm Tue, 06 May 2008 07:56:11 EDT It may always take two to tango, but it apparently only takes one arm to tango and mambo. Christian de la Fuente and his partner were the top-scoring couple after Monday night's "Dancing With the Stars" performance round, despite an injury to the Chilean television actor's left arm. http://www.ibtimes.com/articles/20080506/de-la-fuente-a-one-armed-dancing-bandit.htm Tue, 06 May 2008 02:52:00 EDT President Bush wished a gathering of dinner guests a "Feliz Cinco de Maya" Monday in his final White House celebration of the Mexican holiday _ slightly erring in his Spanish, but serving up a reminder of how he snared Hispanic votes in the last presidential election. http://www.ibtimes.com/data/articleimgs/44178-bush-cinco-de-mayo.jpg http://www.ibtimes.com/articles/20080505/bush-praises-mexican-americans-at-cinco-de-mayo-dinner.htm http://www.ibtimes.com/articles/20080505/bush-praises-mexican-americans-at-cinco-de-mayo-dinner.htm Mon, 05 May 2008 22:03:45 EDT