Sons And Daughters Of BBCMF High Technologies Companies, It, R & D, domestic, international

[mick]

top stories early morning...10/27/2006

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Housing Market a Drag on Economic Growth - AP - 17 minutes ago
Economic growth slowed to a crawl in the third quarter, advancing at a pace of just 1.6 percent, the worst in more than three years.
Chevron 3Q Profit Soars to $5 Billion - AP - 1 minute ago
Chevron Corp.'s third-quarter profit soared to $5 billion to easily surpass analysts' estimates, continuing the prosperous times in the oil industry.

Cemex to Offer About $11.7B for Rinker - AP - 43 minutes ago
Mexican cement manufacturer Cemex SAB de CV said Friday it will offer about $11.7 billion in cash for Australian heavy building materials maker Rinker Group Ltd.

Sony Laptop Battery Injures User - AP - 1 hour, 18 minutes ago
A Sony-made battery in a Fujitsu laptop overheated and gave off sparks, injuring the user, as a Fujitsu worker was visiting to retrieve the laptop as part of the company's recall of Sony batteries, a Fujitsu spokesman said Friday.

Alltel 3Q Profit Jumps 11 Percent - AP - 1 hour, 0 minutes ago
Wireless carrier Alltel Corp. Friday said its third-quarter profit jumped due to strong customer additions. Net income rose 11 percent to $402.3 million, or $1.04 per share, from $361.1 million, or 98 cents per share, a year ago.

Volkswagen 3Q Profit Falls - AP - 1 hour, 40 minutes ago
Volkswagen AG, Europe's biggest automaker, said Friday that its profit plunged 92 percent in the third quarter because of severance costs and a pensions deal associated with a wide-ranging restructuring.

Avon Products 3Q Profit Plummets 47 Pct. - AP - 1 hour, 2 minutes ago
Avon Products Inc., a direct seller of cosmetics and beauty-related items, said Friday its third-quarter profit declined 47 percent, depressed by higher ad spending, costs for restructuring its inventory and a charge related to a tax dispute resolution in Britain.

Shares in China's ICBC Take Off in IPO - AP - 1 minute ago
With the bang of a gong, China's biggest bank kicked off the world's biggest initial public offering of stock on Friday, a milestone for the country's financial markets.

Oil Prices Slip Below $60 a Barrel - AP - 24 minutes ago
Crude oil futures retreated back under $60 a barrel Friday as traders took profits for a second day after a runup earlier in the week.

India's Bharti Airtel Profit Up 79 Pct. - AP - 8 minutes ago
Bharti Airtel Ltd., India's largest cell-phone carrier, Friday said net profit in the most recent quarter surged 79 percent from a year ago, thanks to robust growth in new subscribers.

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