BOSTON COMPANIES - Healthy postings not enough to keep Beirut stocks in the black - Lebanon Daily Star BOSTON COMPANIES - Healthy postings not enough to keep Beirut stocks in the black - Lebanon Daily Star

Sunday, February 8, 2009

BOSTON COMPANIES - Healthy postings not enough to keep Beirut stocks in the black - Lebanon Daily Star

BEIRUT: Activity on the Beirut Stock Exchange received a boost this week as Lebanese banks' posting of their healthy financials revived a sense of optimism. However, this was short lived as more adverse economic and financial information was in BUSINESS NEWS >

NEW YORK, Feb 8 (Reuters) - NetApp ( NTAP.O ), which provides data-storage technology and related software to businesses, is not recession-proof, but it is definitely recession-resistant, according to Barron's. Data storage will not see the 10 in BUSINESS NEWS >

As insurers assess the damage of the weekend's devastating bushfires, which analysts say could hit $500 million, their shares are being sold off. Suncorp's shares plunged 30% to $5.02 in midday trade after Australia's third-largest general insurer in BUSINESS NEWS >

A little more than a decade passed between the time Alabama Gov. George Wallace attempted to stop black students from entering the University of Alabama, and the day Winston Lewis set foot in his first class there. Today, Lewis is among other black in BUSINESS NEWS >

NEW YORK, Feb 8 (Reuters) - Toronto-based Bank of Novia Scotia is a big lender that is also mostly free of the woes afflicting its peers south of the border, according to Barron's. Canada's third-biggest bank, BNS did not load up on debt the way in BUSINESS NEWS >

SEOUL, Feb 9 (Reuters) - Kia Motors Corp said on Monday its planned share issue had failed as no investors showed interest in the new stocks. Last month, South Korea's No.2 automaker said it would sell 28.8 billion won ($21.09 million) worth of new in BUSINESS NEWS >

WELLINGTON, Feb 9 (Reuters) - Asian shares are set to gain on Monday after a rally on Wall Street at the end of last week on anticipation of a twin boost for the ailing economy from the U.S. government this week. Hopes for a further rescue package in BUSINESS NEWS >

NEW YORK, Feb 8 (Reuters) - Melbourne-based BHP Billiton ( BHP.AX ), the world's biggest miner, has not been spared by the global slowdown, but analysts still see its shares increasing more than 10 percent over the next year to A$35, according to in BUSINESS NEWS >

The Australian share market is expected to start the week with a gain after Friday's spurt on Wall Street and European markets, as well as signs a $US780 billion ($1.2 trillion) stimulus package will be approved in the US Congress. On the Sydney in BUSINESS NEWS >

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