COMPANIES

Rexam sees H2 results similar to H1

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Beer can manufacturer Rexam Plc said trading for the period since July 1 has been in line with its expectations, and it expects second half results to be similar to those of the first.
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Lowe's Q3 profit up 17.4 pct

Lowe's Q3 profit up 17.4 pct

Home improvement retailer Lowe's Companies Inc. (LOW) reported a 17.4 percent growth in third quarter earnings after it controlled labor and other expenses in the housing slump.
A Persimmon banner flies at a housing development near Manchester

Persimmon confirms in-line trading

British housebuilder Persimmon Plc confirmed that current trading in line with expectations, and it still expects sales revenue to rise about 10 percent this year.
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Majestic Wine interim profits up 20 pct; lifts dividend

Majestic Wine Plc, UK's largest wine warehouse chain, reported a 20 percent rise in first-half pretax profit as sales rose on substantial increase in active customers, and the company lifted its interim dividend by 17.9 percent to 3.3 pence.
Ratan Tata, Chairman of the Tata Group, attends the annual general meeting of Tata Consultancy Services in Mumbai July 2, 2010.

Tata Power Q2 net profit at 6.75 bln rupees

Tata Power, India’s largest integrated private power utility company, said its consolidated profit after tax (PAT ) increased to 6.75 billion rupees as compared to 3.68 billion rupees the corresponding quarter last year.
Corus chief executive officer Adams speaks in Mumbai

Tata Steel Q2 net profit jumps at 19.79 bln rupees

Tata Steel, the world's seventh largest steel company, has said its consolidated net profit after tax increased 8.5 percent to 19.79 billion rupees ($440 million) for the second quarter higher than the profit of 18.25 billion rupees ($406 million) in Q1 FY’11.
 GE to host electric vehicle tour in US

Ten best cities for electric cars in United States

Plenty of research - from sources like GE and Deloitte, to name a few - has shown that range anxiety, or the fear of running out of battery charge in the middle of the road, is one of the biggest factors scaring consumers away from electric vehicles (EVs).
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Reliance Infrastructure Q2 net profit up 11 pct

Reliance Infrastructure Limited, a part of Reliance- Anil Dhirubhai Ambani Group, has said its consolidated net profit increased 11 percent to 3.60 billion rupees ($80 million) for the second quarter ended September 30, 2010, as against 3.25 billion rupees in the corresponding quarter of previous year.
A home for sale is seen in Los Angeles, California

'Robo-signers' effect: U.S. foreclosures dip in Oct

Home foreclosures in the U.S. in October fell by 9 percent primarily because some major banks temporarily froze foreclosure proceedings and delayed sales of foreclosed properties nationwide after being criticized for shoddy paperwork, according to real estate data company RealtyTrac.
Zahra Baker: Where are you?

Zahra Baker: Where are you?

Police authorities in North Carolina are apprehensive that Zahra Baker, a 10-year old physically challenged Australian girl who has been missing for over a month, could have become the victim of some foul play after finding new evidence while searching an area called Gunpowder Creek.
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U.S. FDA proposes gory warning labels on cigarette packs

The next time you decide to light up a smoke, you may be greeted by an image of a cancer patient or even worse, a corpse, thanks to the U.S. Food and Drug Administration's (FDA) decision to put graphical warning labels on cigarette packs.
GM recalling Cadillac

GM, Chrysler recalling 30,000 vehicles in US

General Motors is recalling 14,245 Cadillac DTS and Buick Lucerne cars with V8 engines from the 2010 and 2011 model year to address potential problems with the power steering, while Chrysler is recalling 16,229 Jeep Liberty models over faulty windshield wipers.
Metropolitan Washington Police Officers stand around a mobile crime lab in Rock Creek Park in Washington, May 22, 2002 and (inset) Chandra Levy

Chandra Levy murder trial Day 9: Prosecutors drop some charges, rest case

After a long gap, the trial of Ingmar Guandique, who has been accused of murdering federal intern Chandra Levy, resumed on Wednesday and took a sudden turn with the prosecutors resting their case after abruptly dropping two charges against Guandique because a prison inmate has refused to testify against him, even as a FBI forensic expert claimed he had found former Congressman Gary Condit's DNA on Levy's underwear.
Australia's Attorney General Robert McClelland (far left) and his U.S. counterpart Eric Holder (c) are seen at a Quintet meeting composed of the Attorneys General from the U.S., Australia, Canada, New Zealand and the U.K. at the U.S. Justice Dept., Wash.

Australia in dilemma over deportation of Honeymoon Killer to the U.S.

Authorities in Australia, which is a staunch opponent of death penalty, are in a dilemma over whether they should deport Honeymoon Killer Gabe Watson, who completed serving his prison term in Australia on Wednesday, to Alabama, U.S., a pro-death penalty state that wants to try him again over his wife's death.
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TomTom boosts Indian JV stake to 90 pct

Netherland-based TomTom, a provider of location and navigation services, boosted its presence in India by increasing its stake in its Indian joint venture to 90 percent from 60 percent.
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Indian railway's revenue up by 7.73 pct during Apr-Oct 2010

Indian Railways' total approximate earnings on originating basis increased 7.73 percent to 520.60 billion rupees during April 1, 2010, to October 31, 2010, as compared to 483.23 billion rupees during the same period last year, said the Railways ministry on Thursday.
An undated handout photograph of Ranbaxy Laboratories' plant in Paonta Sahib, Himachal Pradesh.

India's Ranbaxy Q3 net profit jumps

Ranbaxy Laboratories Limited (RLL), India's largest pharmaceutical company, said on Thursday its consolidated net profit stood at 3.13 billion rupees ($67 million) for the third quarter ended September 30, 2010, as compared to 1.16 billion rupees ($24 million) in the same period a year earlier.

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