Archive for June, 2007

Most iPhone owners gush but some have glitches (Reuters)

Saturday, June 30th, 2007

A customer holds two iPhones after being among the first to purchase them at the Apple Store on Fifth Avenue in New York June 29, 2007. AT and T Inc. sold almost all its initial stock of Apple Inc.'s iPhone within hours of the device going on sale, an AT and T spokesman said on Saturday. (Jeff Zelevansky/Reuters)Reuters - Proud owners of Apple Inc.'s
iPhone raved about their first day with the device on
Saturday, but a glitch took the shine off the year's most
anticipated device for a few unlucky customers.

Teachers group wins C$52 bln race for Canada's BCE (Reuters)

Saturday, June 30th, 2007

A woman enters a Bell retail store in downtown Montreal, June 21, 2007. BCE Inc, Canada's largest telecommunications group, has agreed to a C$51.7 billion ($48.5 billion) offer from a group including the investment arm of the Ontario Teachers Pension Plan, Providence Equity Partners Inc. and Madison Dearborn Partners, LLC, the company said on Saturday. (Shaun Best/Reuters)Reuters - BCE Inc , Canada's largest
telecommunications group, announced the biggest buyout in
Canadian corporate history on Saturday, accepting an offer
worth C$51.7 billion ($48.5 billion), including debt, from a
group including the Ontario Teachers Pension Plan.

U.S. family tries living without China (Reuters)

Saturday, June 30th, 2007

The cover of the book 'A Year Without 'Made in China,'' is pictured in this undated photograph. Lamps, birthday candles, mouse traps and flip-flops. Such is the stuff that binds the modern American family to the global economy, author Sara Bongiorni discovers during a year of boycotting anything made in China. (Wiley Publishing/Handout/Reuters)Reuters - Lamps, birthday candles, mouse traps
and flip-flops. Such is the stuff that binds the modern
American family to the global economy, author Sara Bongiorni
discovers during a year of boycotting anything made in China.

Agility in $50 billion U.S. deal, stock up (Reuters)

Saturday, June 30th, 2007

Reuters - Kuwaiti logistics provider Agility
said on Saturday it was part of a group with U.S.
firm Dyncorp International which won a $50 billion deal
from the U.S. military.

Boeing gets $2 bln U.S. Air Force contract (Reuters)

Saturday, June 30th, 2007

An Airbus A380 performs during a flying display at the 47th Paris Air Show at Le Bourget airport near Paris, June 21, 2007. Boeing Co. has been awarded an 11-year, $2.02 billion contract for 242 wing sets for the Air Force's A-10 fleet designed to support ground troops, the Pentagon said on Friday. (Pascal Rossignol/Reuters)Reuters - Boeing Co. has been awarded
an 11-year, $2.02 billion contract for 242 wing sets for the
Air Force's A-10 fleet designed to support ground troops, the
Pentagon said on Friday.

Economy - Friday (Investor's Business Daily)

Saturday, June 30th, 2007

Investor’s Business Daily - The Nat'l Assn. of Purchasing Management's regional business activity surveys rose in June. The Chicago-area gauge eased to 60.2 vs. 61.7, but still remains solid. The Milwaukee index jumped to 66 from 58. Better auto production and exports helped, and could boost national activity. The index for New York City rose to 451.5 from 450.2, and the outlook improved as well.

U.S. Stock Funds Disgorge $10 Billion (Investor's Business Daily)

Saturday, June 30th, 2007

Investor’s Business Daily - Investors yanked $9.99 billion from mutual funds focused on U.S. stocks in May, even as the market bobbed and weaved to higher ground.

Wall St looking brighter after inflation news (FT.com)

Saturday, June 30th, 2007

FT.com - US stocks were potentially looking at a brighter start on Friday, after a closely watched measure of inflation fell back into the Federal Reserve's comfort zone.

Restaurants on list of top 100 US retailers: report (Reuters)

Saturday, June 30th, 2007

Reuters - In a sign of the growing influence
that restaurants have on how and where consumers spend their
money, a major retail trade group has included for the first
time six restaurant companies on its list of the top 100
retailers, released on Friday.

Teachers group wins C$52 billion race for Canada's BCE (Reuters)

Saturday, June 30th, 2007

A woman enters a Bell retail store in downtown Montreal, June 21, 2007. BCE Inc, Canada's largest telecommunications group, has agreed to a C$51.7 billion ($48.5 billion) offer from a group including the investment arm of the Ontario Teachers Pension Plan, Providence Equity Partners Inc. and Madison Dearborn Partners, LLC, the company said on Saturday. (Shaun Best/Reuters)Reuters - BCE Inc, Canada's largest
telecommunications group, on Saturday accepted a C$51.7 billion
($48.5 billion) offer from a group including the Ontario
Teachers Pension Plan, and said it would be the largest buyout
in Canadian corporate history.

AT&T says almost sold out of Apple iPhones (Reuters)

Saturday, June 30th, 2007

A customer holds two iPhones after being among the first to purchase them at the Apple Store on Fifth Avenue in New York June 29, 2007. AT and T Inc. sold almost all its initial stock of Apple Inc.'s iPhone within hours of the device going on sale, an AT and T spokesman said on Saturday. (Jeff Zelevansky/Reuters)Reuters - AT&T Inc. sold almost all
its initial stock of Apple Inc.'s iPhone within hours
of the device going on sale, an AT&T spokesman said on
Saturday.

U.S. family tries living without China (Reuters)

Saturday, June 30th, 2007

The cover of the book 'A Year Without 'Made in China,'' is pictured in this undated photograph. Lamps, birthday candles, mouse traps and flip-flops. Such is the stuff that binds the modern American family to the global economy, author Sara Bongiorni discovers during a year of boycotting anything made in China. (Wiley Publishing/Handout/Reuters)Reuters - Lamps, birthday candles, mouse traps
and flip-flops. Such is the stuff that binds the modern
American family to the global economy, author Sara Bongiorni
discovers during a year of boycotting anything made in China.

Agility in $50 billion U.S. deal, stock up (Reuters)

Saturday, June 30th, 2007

Reuters - Kuwaiti logistics provider Agility
said on Saturday it was part of a group with U.S.
firm Dyncorp International which won a $50 billion deal
from the U.S. military.

Boeing gets $2 bln U.S. Air Force contract (Reuters)

Saturday, June 30th, 2007

An Airbus A380 performs during a flying display at the 47th Paris Air Show at Le Bourget airport near Paris, June 21, 2007. Boeing Co. has been awarded an 11-year, $2.02 billion contract for 242 wing sets for the Air Force's A-10 fleet designed to support ground troops, the Pentagon said on Friday. (Pascal Rossignol/Reuters)Reuters - Boeing Co. has been awarded
an 11-year, $2.02 billion contract for 242 wing sets for the
Air Force's A-10 fleet designed to support ground troops, the
Pentagon said on Friday.

Economy - Friday (Investor's Business Daily)

Saturday, June 30th, 2007

Investor’s Business Daily - The Nat'l Assn. of Purchasing Management's regional business activity surveys rose in June. The Chicago-area gauge eased to 60.2 vs. 61.7, but still remains solid. The Milwaukee index jumped to 66 from 58. Better auto production and exports helped, and could boost national activity. The index for New York City rose to 451.5 from 450.2, and the outlook improved as well.