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Fed Warnings on Rates Boost Dollar Overseas

U.S. stock markets might have been closed Friday to honor the memory of President Reagan, but currency markets were busy reacting to more warnings from Federal Reserve members that interest rate hikes are all but inevitable. ...

SEC Investigating Halliburton

Halliburton of Texas said Friday the U.S. Securities and Exchange Commission has begun a formal investigation into a venture in Nigeria ...

Stocks Shrug Off Oil Price Increases

Oil prices defied numerous predictions by rising slightly Thursday, as disruptions in Iraq and fears that other Middle East countries would be hit by terrorists countered OPEC's decision to boost production. ...

SCO Reports $15M Loss

The SCO Group, owner of the Unix operating system and a provider of Unix-based technologies, today reported revenue of US$10.1 million for the quarter that ended April 30, 2004. While current-quarter revenue is down from revenue of $21.4 million from the comparable period of the prior year, the loss is primarily the result of a lack of SCOsource licensing revenue, according to a company statement to the press today...

National Semiconductor Reports 34 Percent Growth

National Semiconductor today reported a GAAP profit of US$126.4 million, or 32 cents per share, on revenues of $571.2 million for the fourth quarter of fiscal 2004, which ended May 30th, 2004. ...

Treasuries, Markets Drop Amid Interest Rate Worries

Concerns that the Federal Reserve will move aggressively to quash inflation as the economy expands more rapidly led to a sharp drop in the prices of U.S. Treasury notes Wednesday and may have helped stock markets stay in the red. ...

NEWS BRIEF

Nokia Global Market Share Declines

Finnish cell phone manufacturer Nokia said Tuesday its global market share declined in the first quarter due to bad design and shaky business relationships ...

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