The Associated Press June 30, 2008 - 9:51 a.m. NEW YORK - Oil prices surged past US$143 a barrel for the first span perpetually Monday as supply concerns and a fragile global economy continue to drive the price of oil to new highs, as well as continued tensions in the Middle East. "The main factors backward the rise today are the U.S. dollar remains fragile and geopolitical tensions, particularly surrounding Iran," before-mentioned David Moore, a commodity strategist at the ...
Expedia buys Synergi Global, rebrands corporate travel business as Egencia
Jun 30 2008
The Canadian Press June 30, 2008 - 10:42 a.m. TORONTO - Online travel portal Expedia Inc. (NASDAQ:EXPE) has agreed to corrupt Mississauga, Ont.-based corporate travel management Synergi Global Travel Management for each undisclosed amount and will rebrand its Expedia Corporate Travel division as Egencia. Expedia, based in Bellevue, Wash., said the acquisition will "extend its Canadian presence and allow the assemblage to open on their extensive service and product offering to Canadian business travellers and companies who do function on a ...
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Russell 2000 small-cap index adds 8 consumer staples stocks, removes Jones Soda, Tiens Biotech
Jun 30 2008
June 30, 2008 - 09:24 a.m. NEW YORK (AP) - Eight stocks in the consumer staples sector were added to the Russell 2000 index of small stocks, though two stocks in the sector were removed. Diamond Foods Inc., Lifeway Foods Inc., Omega Protein Corp., Schiff Nutrition International, Smart Balance Inc., Star Scientific Inc., Susser Holdings Corp. and Zhongpin Inc. were added in this year's reconstitution of the selfish stock index. Jones Soda Co. and Tiens Biotech ...
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Russell 1000 adds Walters Industries, removes Brunswick Corp.
Jun 30 2008
June 30, 2008 - 09:11 a.m. NEW YORK (AP) - Walters Industries Inc. is the lone stock in the broad "other" sector being to exist added to the Russell 1000 in this year's reconstitution of the large stock index, during the time that one stock in the sector was removed. The Tampa, Fla., copartnership, which produces metallurgical coal and other products and in addition builds houses and provides financing to homebuyers, is being added to the ...
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SouthGobi Energy reports multiple thick, near-surface coal seams in Mongolia
Jun 30 2008
The Canadian Press June 30, 2008 - 9:13 a.m. VANCOUVER - SouthGobi Energy Resources Ltd. (TSXV:SGQ) is reporting "multiple, thick, near-surface coking and thermal coal seams" at a site 16 kilometres east of its Ovoot Tolgoi coal mine in southern Mongolia. The new find includes an intercept 51.5 metres thick, and the Vancouver-headquartered company has renamed the discovery, antecedently called the Alphabet fields, the Sumber coal plan, a entitle which it said was suggested by a Mongolian lama and means "beginning ...
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