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Philippines cuts rates as economy shrinks in 1Q, 2nd Ld-Writethru, AS

May 28, 2009 2:25 am | by OLIVER TEVES - Associated Press Writer - Associated Press | News | Comments

MANILA, Philippines (AP) — The Philippine central bank cut interest rates Thursday after the government said the economy shrank 2.3 percent in the first quarter from the previous quarter, its worst contraction in 10 years....

Costco 3Q profit drops on charge, stronger dollar, 4th Ld-Writethru, US

May 28, 2009 2:20 am | by SARAH SKIDMORE - AP Retail Writer - Associated Press | News | Comments

PORTLAND, Ore. (AP) — Costco Wholesale Corp.'s fiscal third-quarter profit fell 29 percent because of softer sales and a litigation charge for the warehouse club operator.Costco has been one of the more resilient retailers...

Day Highlights: Marvel Entertainment, Starwood Hotels & Resorts, Wal-Mart, Family Dollar and Saks Business Editors

May 28, 2009 2:20 am | by The Associated Press | News | Comments

CHICAGO-- (BUSINESS WIRE) — May 28, 2009--Zacks Equity Research highlights Marvel Entertainment (MVL) as the Bull of the Day and Starwood Hotels...

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Quanex Building Products Corporation Fiscal Second Quarter 2009 Results

May 28, 2009 2:20 am | by GLOBE NEWSWIREAssociated Press | News | Comments

HOUSTON, May 28, 2009 (GLOBE NEWSWIRE) — Quanex Building Products Corporation (NYSE:NX) today reported fiscal second quarter 2009 results for the period ending April 30. Loss from continuing operations was $14.0 million, or...

US dollar rises in Europe, EU

May 28, 2009 2:20 am | by The Associated Press | News | Comments

LONDON (AP) — The U.S. dollar was higher against other major currencies in European trading Thursday morning. Gold fell.The euro traded at US$1.3871, down from US$1.3919 late Wednesday in New York.Other dollar rates:—96.88...

UK prime minister warns of trade crisis, EU

May 28, 2009 2:15 am | by The Associated Press | News | Comments

LONDON (AP) — The banking crisis has turned into a trade crisis, and renewed effort is needed to guard against protectionism and to conclude the Doha round of trade talks, Prime Minister Gordon Brown said in an article...

European markets close down despite US rally, 6th Ld-Writethru

May 28, 2009 2:09 am | by PAN PYLAS - AP Business Writer - Associated Press | News | Comments

LONDON (AP) — European stock markets closed lower Thursday amid concerns about higher long-term interest rates despite a rebound on Wall Street following encouraging U.S. economic data — and hopes that General Motors Corp....

NH Sen committee approves slot machines, NH

May 28, 2009 2:09 am | by The Associated Press | News | Comments

CONCORD, N.H. (AP) — A New Hampshire Senate committee has voted 4-3 to support bringing slot machines to the state's three horse and dog tracks to help bring in revenue.The proposal, approved by the Senate Finance Committee...

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Education Board to review budget, OK

May 28, 2009 2:04 am | by The Associated Press | News | Comments

OKLAHOMA CITY (AP) — The state Board of Education is working to finalize its budget for the upcoming school year.The budget review is among the top goals of the board's meeting Thursday. It also plans to act on a resolution...

Malaysia port project sinks deeper into money woes, AS

May 28, 2009 2:04 am | by The Associated Press | News | Comments

KUALA LUMPUR, Malaysia (AP) — A scandal-plagued port project that has embarrassed the Malaysian government amid accusations of mismanagement is in worse financial trouble than thought, according to an auditor's report...

BW)(NY-TAKE-TWO-INTERACTIVE)(TTWO.NASDAQ) Take-Two Interactive Software, Inc. Prices $120 Million of Convertible Senior Notes Business Editors/Technology Writers

May 28, 2009 2:04 am | by The Associated Press | News | Comments

NEW YORK-- (BUSINESS WIRE) — May 28, 2009-- Take-Two Interactive Software, Inc. (NASDAQ: TTWO) today announced the pricing of $120 million of 4.375% convertible senior notes due 2014. The Company had previously announced a...

Methods of Professional Certification and Licensure at SecureAmericas Business Editors/Technology Editors

May 28, 2009 2:04 am | by The Associated Press | News | Comments

ARLINGTON, Va.-- (BUSINESS WIRE) — May 28, 2009-- (ISC)2(R) ("ISC-squared"), the not-for-profit global leader in educating and certifying information security professionals throughout their careers, today announced a new...

Move with the Announcement of the First Video Game Based on Marvel's Animated Series: The Super Hero Squad Show Business Editors/Entertainment Editors/Video Game Writers

May 28, 2009 2:04 am | by The Associated Press | News | Comments

AGOURA HILLS, Calif.-- (BUSINESS WIRE) — May 28, 2009-- THQ Inc. (NASDAQ: THQI) today announced plans to deliver Marvel Super Hero Squad, the first video game based on the animated series, The Super Hero Squad Show,...

Receives 2008 Communications Solutions Product of the Year Award for Second Consecutive Year Business Editors/Technology Editors

May 28, 2009 2:04 am | by The Associated Press | News | Comments

SAN JOSE, Calif.-- (BUSINESS WIRE) — May 28, 2009--Virtual PBX(R) announced today that Technology Marketing Corporation (TMC) has honored Virtual PBX's Open VoIP Peering with a 2008 Communications Solutions Product of the...

University of Chicago Booth School of Business on Critical Market Issues as U.S. Confronts Recession Economics & Financial Writers/Government Writers

May 28, 2009 2:03 am | by The Associated Press | News | Comments

-- (BUSINESS WIRE) — May 28, 2009-- University of Chicago Booth School of Business:WHAT: Six senior faculty from the University of Chicago Booth School of Business will discuss "The Future of Markets" during a live webcast...

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