Investment News Offshore account http://www.net2invest.com we cover forex and equities market Fri, 18 May 2012 13:05:49 +0000 en hourly 1 http://wordpress.org/?v=3.3.2 Donaldson Shares Up 10% As Q3 Profit Beats Estimates; Boosts 2012 Outlook http://www.net2invest.com/donaldson-shares-up-10-as-q3-profit-beats-estimates-boosts-2012-outlook/ http://www.net2invest.com/donaldson-shares-up-10-as-q3-profit-beats-estimates-boosts-2012-outlook/#comments Fri, 18 May 2012 13:05:49 +0000 admin http://www.net2invest.com/donaldson-shares-up-10-as-q3-profit-beats-estimates-boosts-2012-outlook/ Donaldson Shares Up 10% As Q3 Profit Beats Estimates; Boosts 2012 Outlook is a post from: forex

]]> Filtration systems provider Donaldson Co., Inc. (DCI) reported Friday a profit for the third quarter that increased 15 percent from last year, reflecting improved margins and revenue growth.

Donaldson Shares Up 10% As Q3 Profit Beats Estimates; Boosts 2012 Outlook is a post from: forex

]]> http://www.net2invest.com/donaldson-shares-up-10-as-q3-profit-beats-estimates-boosts-2012-outlook/feed/ 0 Bloomberg: Buffett Tried To Buy ResCap From Ally Financial http://www.net2invest.com/bloomberg-buffett-tried-to-buy-rescap-from-ally-financial/ http://www.net2invest.com/bloomberg-buffett-tried-to-buy-rescap-from-ally-financial/#comments Fri, 18 May 2012 13:05:49 +0000 admin http://www.net2invest.com/bloomberg-buffett-tried-to-buy-rescap-from-ally-financial/ Bloomberg: Buffett Tried To Buy ResCap From Ally Financial is a post from: forex

]]> Warren Buffett had tried to buy home lender Residential Capital from Ally Financial Inc. before it was placed in bankruptcy, Bloomberg reported, quoting three people familiar with the matter.

Bloomberg: Buffett Tried To Buy ResCap From Ally Financial is a post from: forex

]]> http://www.net2invest.com/bloomberg-buffett-tried-to-buy-rescap-from-ally-financial/feed/ 0 Reports: Bidding Deadline For ING’s Asian Life-insurance Arm On Friday http://www.net2invest.com/reports-bidding-deadline-for-ings-asian-life-insurance-arm-on-friday/ http://www.net2invest.com/reports-bidding-deadline-for-ings-asian-life-insurance-arm-on-friday/#comments Fri, 18 May 2012 13:05:49 +0000 admin http://www.net2invest.com/reports-bidding-deadline-for-ings-asian-life-insurance-arm-on-friday/ Reports: Bidding Deadline For ING’s Asian Life-insurance Arm On Friday is a post from: forex

]]> A slew of insurance giants are vying to acquire Dutch lender ING Groep N.V.’s (ING) Asian life-insurance arm in a bidding war that is expected to bring in a windfall for ING, according to media reports on Thursday. The last day to submit first round bids for the auction is said to be Friday. A deal could see a price tag of between $6 billion and $7 billion.

Reports: Bidding Deadline For ING’s Asian Life-insurance Arm On Friday is a post from: forex

]]> http://www.net2invest.com/reports-bidding-deadline-for-ings-asian-life-insurance-arm-on-friday/feed/ 0 FDA Approves Generic Versions Of Clot-buster Plavix http://www.net2invest.com/fda-approves-generic-versions-of-clot-buster-plavix/ http://www.net2invest.com/fda-approves-generic-versions-of-clot-buster-plavix/#comments Fri, 18 May 2012 13:05:48 +0000 admin http://www.net2invest.com/fda-approves-generic-versions-of-clot-buster-plavix/ FDA Approves Generic Versions Of Clot-buster Plavix is a post from: forex

]]> The FDA on Thursday approved generic versions of blood thinning drug Plavix, which helps reduce the risk of heart attack and stroke. Known chemically as Clopidogrel, Plavix is marketed in the U.S. by Bristol-Myers Squibb Co. (BMY) and Sanofi SA (SNY), and is available in strengths of 75 mg and 300 mg.

FDA Approves Generic Versions Of Clot-buster Plavix is a post from: forex

]]> http://www.net2invest.com/fda-approves-generic-versions-of-clot-buster-plavix/feed/ 0 Key Markets in the Red http://www.net2invest.com/key-markets-in-the-red-2/ http://www.net2invest.com/key-markets-in-the-red-2/#comments Fri, 18 May 2012 10:50:47 +0000 admin http://www.net2invest.com/key-markets-in-the-red-2/ Key Markets in the Red is a post from: forex

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G10 Advancers and Decliners vs USD
decliner bar Key Markets in the Red JPY -0.01
decliner bar Key Markets in the Red GBP -0.27
decliner bar Key Markets in the Red EUR -0.34
decliner bar Key Markets in the Red CHF -0.35
Market sentiment is highly bearish across the board as Moody’s investor services confirmed the downgrade of 16 Spanish banks, and Fitch downgraded Greece yesterday from B- to CCC. The degradation of the rating should not have impacted because Greece was already considered junk at its previous level. Safe haven USD index continued its climb to a four month high at 81.71, EUR hit its four-month low…

Key Markets in the Red is a post from: forex

]]> http://www.net2invest.com/key-markets-in-the-red-2/feed/ 0 Key Markets in the Red http://www.net2invest.com/key-markets-in-the-red/ http://www.net2invest.com/key-markets-in-the-red/#comments Fri, 18 May 2012 10:50:47 +0000 admin http://www.net2invest.com/key-markets-in-the-red/ Key Markets in the Red is a post from: forex

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G10 Advancers and Decliners vs USD
decliner bar Key Markets in the Red JPY -0.01
decliner bar Key Markets in the Red GBP -0.27
decliner bar Key Markets in the Red EUR -0.34
decliner bar Key Markets in the Red CHF -0.35
Market sentiment is highly bearish across the board as Moody’s investor services confirmed the downgrade of 16 Spanish banks, and Fitch downgraded Greece yesterday from B- to CCC. The degradation of the rating should not have impacted because Greece was already considered junk at its previous level. Safe haven USD index continued its climb to a four month high at 81.71, EUR hit its four-month low…

Key Markets in the Red is a post from: forex

]]> http://www.net2invest.com/key-markets-in-the-red/feed/ 0 ArcelorMittal To Sell Skyline Steel And Astralloy Business To Nucor http://www.net2invest.com/arcelormittal-to-sell-skyline-steel-and-astralloy-business-to-nucor/ http://www.net2invest.com/arcelormittal-to-sell-skyline-steel-and-astralloy-business-to-nucor/#comments Fri, 18 May 2012 04:05:15 +0000 admin http://www.net2invest.com/arcelormittal-to-sell-skyline-steel-and-astralloy-business-to-nucor/ ArcelorMittal To Sell Skyline Steel And Astralloy Business To Nucor is a post from: forex

]]> Steel giant ArcelorMittal SA (MT) agreed Thursday to sell Skyline Steel LCC and Astralloy Steel Products, Inc. in the NAFTA Region to Nucor Corp. (NUE) for about $605 million. The deal, which is part of ArcelorMittal’s stated strategy of selective divestment of non-core assets, is expected close by the end of the second quarter of 2012.

ArcelorMittal To Sell Skyline Steel And Astralloy Business To Nucor is a post from: forex

]]> http://www.net2invest.com/arcelormittal-to-sell-skyline-steel-and-astralloy-business-to-nucor/feed/ 0 Zumiez Q1 Results Top View; Guides Q2 Earnings Below Street http://www.net2invest.com/zumiez-q1-results-top-view-guides-q2-earnings-below-street/ http://www.net2invest.com/zumiez-q1-results-top-view-guides-q2-earnings-below-street/#comments Fri, 18 May 2012 04:05:15 +0000 admin http://www.net2invest.com/zumiez-q1-results-top-view-guides-q2-earnings-below-street/ Zumiez Q1 Results Top View; Guides Q2 Earnings Below Street is a post from: forex

]]> Sports apparel retailer Zumiez, Inc. (ZUMZ) reported Thursday a profit for the first quarter that increased from last year, reflecting improved margins and strong sales at established stores. Both earnings per share and quarter sales topped analysts’ expectations. The company also provided earnings guidance for the second quarter, below Street view.

Zumiez Q1 Results Top View; Guides Q2 Earnings Below Street is a post from: forex

]]> http://www.net2invest.com/zumiez-q1-results-top-view-guides-q2-earnings-below-street/feed/ 0 Marvell Technology Q1 Profit Tops View; Starts Dividend, Boosts Buyback http://www.net2invest.com/marvell-technology-q1-profit-tops-view-starts-dividend-boosts-buyback/ http://www.net2invest.com/marvell-technology-q1-profit-tops-view-starts-dividend-boosts-buyback/#comments Fri, 18 May 2012 04:05:15 +0000 admin http://www.net2invest.com/marvell-technology-q1-profit-tops-view-starts-dividend-boosts-buyback/ Marvell Technology Q1 Profit Tops View; Starts Dividend, Boosts Buyback is a post from: forex

]]> Marvell Technology Group Ltd. (MRVL) on Thursday reported a 36 percent decline in first-quarter profit, reflecting lower revenues and weak margins. Nevertheless, both earnings and revenue beat analysts’ estimates.

Marvell Technology Q1 Profit Tops View; Starts Dividend, Boosts Buyback is a post from: forex

]]> http://www.net2invest.com/marvell-technology-q1-profit-tops-view-starts-dividend-boosts-buyback/feed/ 0 Brocade Communications Q2 Profit Rises, Tops View http://www.net2invest.com/brocade-communications-q2-profit-rises-tops-view/ http://www.net2invest.com/brocade-communications-q2-profit-rises-tops-view/#comments Fri, 18 May 2012 04:05:15 +0000 admin http://www.net2invest.com/brocade-communications-q2-profit-rises-tops-view/ Brocade Communications Q2 Profit Rises, Tops View is a post from: forex

]]> Networking solutions provider Brocade Communications Systems, Inc. (BRCD) reported Thursday a profit for the second quarter that increased from last year, reflecting improved margins, despite a 1 percent revenue drop. Both adjusted earnings per share and quarterly revenues topped analysts’ expectations.

Brocade Communications Q2 Profit Rises, Tops View is a post from: forex

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