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Brady 3Q profit falls 48 percent as sales slide, APFN

May 20, 2009 4:51 am | by The Associated Press | News | Comments

MILWAUKEE (AP) — Brady Corp. said Wednesday its profit dropped 48 percent in the fiscal third quarter as sales fell in all of its markets.The company, which makes labels, signs and safety devices, said its profit dropped to $18 million, or 34 cents per share, from $34.4 million, or 63 cents per...

HL:Leading indicators reverse decline in March: StatsCan@

May 20, 2009 4:46 am | by The Associated Press | News | Comments

OTTAWA — The rate of decline in the leading indicators' five-month average slowed to 1.1 per cent in April from 1.5 per cent in March.Statistics Canada reports both financial components increased in March, as the money supply expanded steadily while the stock market turned up.The agency says the...

INDEX:Business, Economy, Finance, Trade, Manufacturing, RealEstate, Construction@

May 20, 2009 4:46 am | by The Associated Press | News | Comments

OTTAWA — The rate of decline in the leading indicators' five-month average slowed to 1.1 per cent in April from 1.5 per cent in March. Statistics Canada reports both financial components increased in March, as the money supply expanded steadily while the stock market turned up. The agency says the...

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'American Idol' winner is going to Disney World, 1st Ld-Writethru, APFN

May 20, 2009 4:46 am | by DERRIK J. LANG - AP Entertainment Writer - Associated Press | News | Comments

LOS ANGELES (AP) — Kris Allen or Adam Lambert won't just be crowned the next "American Idol" — one of them is going to Disney World.Whichever singer wins will shout the famous phrase "I'm going to Disney World!" in a commercial airing after the show's Wednesday finale. He'll also croon "When You...

Arrests in Benton Co. burned body investigation, AR

May 20, 2009 4:46 am | by The Associated Press | News | Comments

BENTONVILLE, Ark. (AP) — Authorities in northwest Arkansas have charged a man with killing a person whose body was found in the trunk of a burned car in Benton County.Police arrested 34-year-old Jesus Santiago on a capital murder charge Tuesday. Three other people are charged with hindering...

Beckman Coulter prices offering of 4.5M shares, APFN

May 20, 2009 4:46 am | by The Associated Press | News | Comments

FULLERTON, Calif. (AP) — Biomedical diagnostics instrument maker Beckman Coulter Inc. said Wednesday it priced an offering of 4.5 million new shares at $53 per share.The company said it expects $238.5 million in gross proceeds from the offering. Some of that money will be used to fund Beckman...

Pfizer Expands Its Generics Portfolio Through Innovative Licensing Deals, Increasing Access To Medicines For Billions Worldwide Pharmaceutical Writers/Business Editors

May 20, 2009 4:45 am | by The Associated Press | News | Comments

NEW YORK-- (BUSINESS WIRE) — May 20, 2009-- Pfizer Inc announced today that it has entered into licensing agreements with two pharmaceutical companies based in India, strengthening its position in emerging markets and significantly expanding its portfolio of medicines in its Established Products...

Evergreen Solar to sell $66.6M in common stock, 1st Ld-Writethru, APFN

May 20, 2009 4:45 am | by The Associated Press | News | Comments

MARLBORO, Mass. (AP) — Evergreen Solar Inc. on Wednesday said it will sell $66.6 million in common stock to fund capital projects and for general corporate purposes.Evergreen Solar, which makes silicon wafers for solar panels, is selling 37 million shares at $1.80 each. It intends to use the net...

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ANALYSIS: Japan's worst GDP data have far-reaching political implications+

May 20, 2009 4:39 am | by The Associated Press | News | Comments

TOKYO, May 20 (Kyodo) — No news is good news -- that is probably what many Japanese ruling coalition lawmakers thought before the release Wednesday of the latest gross domestic product data.The GDP data for the opening quarter of 2009, which showed Japan's economy shrank at the fastest pace on...

Swine flu cases pass 10,000; WHO meets on vaccines, UN

May 20, 2009 4:39 am | by BRADLEY S. KLAPPER - Associated Press Writers - Associated Press | News | Comments

GENEVA (AP) — Swine flu cases worldwide soared past 10,000 on Wednesday as health chiefs from around the world continued discussions in Geneva on how best to fight the disease.There are now 10,243 people who have been infected with swine flu as confirmed by laboratories, said Fadela Chaib, a...

Students among 13 new LI swine flu cases, 2nd Ld-Writethru, NY

May 20, 2009 4:39 am | by The Associated Press | News | Comments

MINEOLA, N.Y. (AP) — Health officials on Long Island are reporting 13 new confirmed cases of swine flu in Nassau County.Eight of the newly diagnosed patients attend Memorial Junior High in Valley Stream. As a result, the school was closed Wednesday and Thursday.Other cases include a 4-year-old...

Iran tests missile with range that can hit Israel, 9th Ld-Writethru, ML

May 20, 2009 4:39 am | by ALI AKBAR DAREINI - Associated Press Writer - Associated Press | News | Comments

TEHRAN, Iran (AP) — Iran tested its longest-range solid-fuel missile Wednesday — a launch that displayed Tehran's reach and burnished the president's hardline reputation ahead of next month's election.The missile was said to be capable of striking Israel, U.S. Mideast bases and Europe.Defense...

Pfizer in 2 deals to expand generic, other sales, APFN

May 20, 2009 4:39 am | by LINDA A. JOHNSON - AP Business Writer - Associated Press | News | Comments

TRENTON, N.J. (AP) — Pfizer Inc., increasingly mining older products and emerging markets for more sales, has broadened its partnership with an Indian generic drugmaker and started a new one with an Indian maker of injected medicines.The two deals by the world's biggest drugmaker, announced...

LEAD: Lay judge system starts in Japan amid lingering concerns+

May 20, 2009 4:39 am | by The Associated Press | News | Comments

TOKYO, May 21 (Kyodo) — (EDS: ADDING INFO)Japan joined the ranks of many other countries Thursday in having a judicial system that enables ordinary citizens to try criminal cases, but many members of the public remain reluctant to serve as "lay judges" while some experts are critical of the...

Stocks erase gains after Fed reduces 2009 outlook, 18th Ld-Writethru, US

May 20, 2009 4:34 am | by SARA LEPRO - AP Business Writer - Associated Press | News | Comments

NEW YORK (AP) — Bank stocks led the market lower after the Federal Reserve cut its economic forecast and said unemployment could get worse.The Fed's prediction Wednesday that the jobless rate could approach 9.6 percent — worse than its previous forecast of 8.8 percent — was especially ominous for...

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