 S&P Stock Selections Significantly Outperform Benchmark in 2005
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Standard & Poor's Equity Research, a leading provider of independent investment analysis and research opinions, today announced favorable stock performance results for 2005. The stocks designated as "strong buys" (5-STARS) by S&P equity analysts once again outpaced the benchmark S&P 500, marking the seventh consecutive year this feat has been accomplished.
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Thursday, February 09, 2006
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AK Steel Announces Price Increase for Stainless Hot-Rolled Products
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AK Steel ( NYSE:AKS) said today that it will increase transaction prices for all hot-rolled stainless steel sheet, strip, tubular-quality and continuous mill plate products by approximately 6%, effective with shipments on February 19, 2006. |
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Thursday, February 09, 2006
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BHP Billiton Awards Printing Contract to Custom Printing of Oxnard
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BHP Billiton, Australia's largest publicly-traded company with a market cap of nearly US$100-billion and the world's leading diversified natural resources company, has awarded a printing contract for educational materials to Custom Printing of Oxnard.
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Thursday, February 09, 2006
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Bank of America Expands Commodities Platform, Adds Metals
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Bank of America today announced plans to launch a metals trading business, expanding its existing commodities platform. Peter Merritt has joined the company in New York as a Managing Director and Global Head of Metals.
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Thursday, February 09, 2006
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Nortel Reaches Agreement in Principle for Proposed Global Settlement of Shareholder Class Action Litigation
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Nortel(x) (NYSE/TSX: NT) today announced that, as a result of the previously announced mediation process entered into by the Company with the lead plaintiffs in two significant class action lawsuits pending in the Southern District of New York and based on the recommendation of a senior Federal Judge, the Company and the lead plaintiffs have reached an agreement in principle to settle these lawsuits.
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Thursday, February 09, 2006
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Auto Affordability Worst in Six Years, According to Comerica Index
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The purchase of an average- priced, new vehicle during the fourth quarter of 2005 took 27.0 weeks of median family income, according to the Auto Affordability Index compiled by Detroit-based Comerica Bank.
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Thursday, February 09, 2006
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ADM Announces Plans to Add Rapeseed Crushing Capacity in the Netherlands
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Archer Daniels Midland Company ( NYSE:ADM) today announced plans to convert an existing soybean crushing line to provide multi-seed crushing capacity at its Europoort location. The facility will have an annual rapeseed crush capacity in excess of one million tonnes. |
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Thursday, February 09, 2006
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PacificNet Enters into Definitive Agreement to Acquire Beijing iMobile
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PacificNet Enters into Definitive Agreement to Acquire Beijing iMobile, the Leading Internet Information Portal and E-commerce Distributor for Mobile Phones and Accessories in China
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Thursday, February 09, 2006
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Strategic Investor to Purchase 1,000,000 More Shares of Common Stock From Qiao Xing Universal Telephone, Inc.
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Qiao Xing Universal Telephone, Inc. (Nasdaq: XING) announced that it has signed a term sheet with a strategic investor and value added-partner to purchase 1,000,000 more shares of its common stock at a price of $6.50 per share, for gross proceeds of USD6.50 million.
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Thursday, February 09, 2006
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Reuters Adds Thai Baht to Dealing 3000 Spot Matching
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Reuters (LSE: RTR; Nasdaq: RTRSY), the global information company, today became the first company to introduce the electronic trading of the Thai Baht (THB) against the US dollar, through its premier electronic matching service, Reuters Dealing 3000 Spot Matching.
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Thursday, February 09, 2006
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