International Business News - The 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 Sarah Palin is hoping John McCain's campaign isn't on ice, but that's exactly where the GOP vice presidential nominee was Saturday in Philadelphia. Palin was booed when she first stepped on the ice before the Flyers' home opener against the New York Rangers to drop the ceremonial first puck. Palin, the Alaska governor and self-described "hockey mom," is trying to turn Pennsylvania into a red state. http://www.ibtimes.com/data/articleimgs/150417-eln08-palin-2008-rangers-flyers-hockey.jpg http://www.ibtimes.com/articles/20081011/political-play-palin-drops-puck-at-flyers-game.htm http://www.ibtimes.com/articles/20081011/political-play-palin-drops-puck-at-flyers-game.htm Sat, 11 Oct 2008 20:24:56 EDT Jailed political fundraiser Antoin "Tony" Rezko, the Chicago real estate developer who helped launch Barack Obama on his political career, is whispering secrets to federal prosecutors about corruption in Illinois and the political fallout could be explosive. http://www.ibtimes.com/data/articleimgs/150047-fundraiser-trial.jpg http://www.ibtimes.com/articles/20081011/obama-fundraiser-convicted-of-fraud-spills-beans.htm http://www.ibtimes.com/articles/20081011/obama-fundraiser-convicted-of-fraud-spills-beans.htm Sat, 11 Oct 2008 11:44:47 EDT Would you be able to meet the requirements to earn the Boy Scouts' Personal Management badge? _Explain the advantages and disadvantages of putting money into the following: stocks, mutual funds, CDs, bonds, savings accounts. http://www.ibtimes.com/articles/20081010/earning-the-boy-scouts-personal-management-badge.htm Fri, 10 Oct 2008 12:16:21 EDT Supply issues that have plagued the solar industry in recent periods will likely ebb in 2009, an analyst said Friday while cutting estimates due in part to the current credit crunch. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-analyst-cuts-solar-estimates.htm Fri, 10 Oct 2008 09:24:52 EDT An analyst lowered estimates for industrial distributors Friday, saying the overall economic turmoil and the effect of exchange rates should drive down earnings for many companies this year and next. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-industrial-distributors.htm Fri, 10 Oct 2008 09:18:33 EDT Cowen & Co. analyst Tom Watts cut his earnings estimates for AT&T Inc. on Friday, saying strong iPhone sales were costing the company money through subsidies even as the dire economic climate is trimming overall wireless growth and speeding up landline losses. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-analyst-cuts-at-t-estimates.htm Fri, 10 Oct 2008 09:07:14 EDT An analyst downgraded shares of H.J. Heinz Co. on Friday on fears that a slowdown in the European economy will crimp momentum for the ketchup maker. Deutsche Bank analyst Eric Katzman cut his rating on the stock to "Hold" from "Buy," saying he's concerned about economic weakness in France, Holland, Italy and the U.K. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-analyst-cuts-heinz-to-hold.htm Fri, 10 Oct 2008 09:05:03 EDT The fate of Wachovia became much clearer Friday, as Wells Fargo won the battle to purchase the Charlotte, N.C.-based bank after Citigroup said it would no longer interfere with the deal. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-wells-wins-battle-for-wachovia.htm Fri, 10 Oct 2008 09:00:10 EDT General Motors Corp. said Friday bankruptcy is still not an option, despite a dramatic stock plunge the day before that sent the automaker's shares to their lowest level in more than 58 years and wiped out nearly one-third of their value. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-general-motors.htm Fri, 10 Oct 2008 08:56:25 EDT Sandler O'Neill & Partners analyst Kevin Fitzsimmons on Friday raised his rating on BB&T Corp. shares to "Hold" from "Sell" following a recent dive in stock price. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-analyst-upgrades-bb-t-to-hold.htm Fri, 10 Oct 2008 08:49:23 EDT Shares of Chevron slipped in premarket trading Friday as the price of oil hit a one-year low. The nation's second largest oil company said Thursday that it expected its exploration and production business will be hurt by disruptions from two powerful hurricanes last month, though it said refining operations should perform better. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-chevron-shares-slip.htm Fri, 10 Oct 2008 08:43:55 EDT An analyst late Thursday upgraded Abercrombie & Fitch Co. after the apparel retailer's shares fell following weak September sales and a profit warning for the second half of its fiscal year. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-abercrombie-fitch-upgraded.htm Fri, 10 Oct 2008 08:43:40 EDT Morgan Stanley shares plunged in premarket trading Friday as an analyst said the stock's past week's share decline is similar to those of recently failed investment banks, and Moody's said it may downgrade some of the company's debt. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-morgan-stanley-plunges.htm Fri, 10 Oct 2008 08:30:57 EDT NextWave Wireless Inc., which owns wireless spectrum and makes wireless network equipment, Friday said it had raised $100 million in financing from two financial firms. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-nextwave-closes-on-financing.htm Fri, 10 Oct 2008 08:25:40 EDT An analyst on Friday cut his price target and earnings estimates for Visa Inc. and MasterCard Inc., and downgraded MasterCard because of an expected global economic slowdown. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-visa-and-mastercard.htm Fri, 10 Oct 2008 08:23:40 EDT An analyst on Friday said that Aeropostale Inc. will likely continue to take market share from other teen retailers and upgraded the stock due to a decline in its share price. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-aeropostale-upgraded.htm Fri, 10 Oct 2008 08:21:06 EDT A Jefferies & Co. analyst upgraded shares of computer-animated movie house DreamWorks Animation SKG Inc. to "Buy" early Friday, saying the stock is a good value after its recent pullback. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-dreamworks-animation.htm Fri, 10 Oct 2008 08:14:14 EDT An analyst on Friday lowered estimates for department stores after two lowered their own third-quarter estimates following dismal September same-store sales. http://www.ibtimes.com/articles/20081010/analyst-lowers-estimates-on-department-stores.htm Fri, 10 Oct 2008 08:02:35 EDT Analysts on Friday brushed off Biogen Idec Inc.'s decision to abandon development of an experimental arthritis drug, saying it had not even been included in models for future revenue. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-biogen-idec.htm Fri, 10 Oct 2008 07:34:25 EDT Shares of Alcoa Inc. could see increased activity Friday after Standard & Poor's said it may downgrade its rating on the aluminum producer in the next six months to two years following weaker-than-expected third-quarter earnings. http://www.ibtimes.com/articles/20081010/ahead-of-the-bell-alcoa.htm Fri, 10 Oct 2008 06:06:31 EDT