Fri, 10/07/2009 - 22:29 by Brian D. Pacampara
Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, chip manufacturing equipment maker Applied Materials (Nasdaq: AMAT) has earned a respected four-star ranking.
Fri, 10/07/2009 - 22:18 by Brian D. Pacampara
Based on the aggregated intelligence of 135,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Chinese power equipment provider A-Power Energy Generation Systems (Nasdaq: APWR) has earned a respected four-star ranking.
Fri, 10/07/2009 - 22:11 by Anand Chokkavelu
He admitted it in his latest annual report to the shareholders of Berkshire Hathaway -- the holding company he runs. In his own words: "I bought a large amount of ConocoPhillips
stock when oil and gas prices were near their peak. I in no way
anticipated the dramatic fall in energy prices that occurred in the
last half of the year."
Fri, 10/07/2009 - 21:58 by Inderjit Singh
Stockholm -- A Swedish Saab dealer says an iPod nano is a prime suspect in a fire that engulfed a parked car in the western part of the country.
Saab Automobile's fire investigators said the engine of the car, a Saab 9-3 station wagon that was purchased new two years ago, was cold when the automobile caught fire and was quickly destroyed by the flames, The Local reported Friday.
The investigators said they determined the fire was not deliberately set and the fire was likely caused by a technical malfunction or negligence.
They said the fire began in the front seats of the car, which at the time of the blaze contained two iPods, a cell phone and a camera.
Fri, 10/07/2009 - 21:56 by Inderjit Singh
Osterfarnebo -- Residents of a rural district in eastern Sweden said pesticide rules adopted to protect nearby nature reserves have brought swarms of mosquitoes to their homes.
Locals in the Osterfarnebo district said the pesticide restrictions were put in place to protect nearby nature reserves from spraying, but the rules leave residents without an effective weapon to curb the insects' breeding, The Local reported Friday.
"It's hell. We have nearly lost hope," said Maria Brooks, whose family has owned a farm in the district since 1540.
"We just to sit inside and look at each other," she said.
Fri, 10/07/2009 - 21:51 by Inderjit Singh
Waterloo -- An Illinois insurance agent said his serial-stowaway cat has ridden more than 300 miles under the hood of his car.
Jeff Dehner, who commutes nearly 120 miles each morning from his Waterloo, Ill., home to American Family Insurance in Springfield, Ill., said he was shocked to see the kitten, Inky, run through the parking lot of his work when he arrived Thursday, the Springfield State Journal Register reported Friday.
"He must have climbed up in the drive shaft," Dehner said. "There must be something up there protecting him, because it's not an easy ride. The bed bounces."
Dehner said it was not the first time Inky has hitched a ride under his hood.
Fri, 10/07/2009 - 21:44 by Inderjit Singh
Ottawa -- Canada's international trade figures dropped in May, increasing its world trade deficit to $1.4 billion from $389 million, Statistics Canada reported Friday.
"Canada's merchandise exports fell 6.9 percent to $28.4 billion in May, as volumes declined 4.1 percent and prices decreased 2.9 percent," the agency said. "Imports were down 3.5 percent to $29.8 billion due to a 4.9 percent reduction in prices, while volumes rose 1.5 percent."
International trade has been falling since July and May's figures are the third consecutive month of decline, StatsCan said.
Another factor in the widening deficit was the Canadian dollar's 6.4 percent appreciation against the U.S. dollar, the report said.
Fri, 10/07/2009 - 21:43 by Inderjit Singh
New York -- General Motors Corp. vowed it would focus on customers after selling a majority of the company to the U.S. government Friday morning.
Papers were signed at 6:30 a.m. at the offices of Weil, Gotshal & Manges that give the government 61 percent of the company with lesser portions owned by the Canadian government and the United Auto Workers union.
Bondholders will also own a share, The New York Times reported.
At a press conference, Chief Executive Officer Frederick "Fritz" Henderson said, "the last 100 days has shown everyone ... (GM) can indeed move very fast."
In the past 40 days, the company zipped through bankruptcy, following Chrysler, which recently sold most of its assets to Fiat.
Fri, 10/07/2009 - 21:20 by Inderjit Singh
Washington -- Visitors to the 2009 National Barbie Doll Collectors Convention in Washington said a rift has formed among doll fans surrounding a key accessory: the box.
The more than 1,100 visitors to the convention at the Marriott Wardman Park, which ends Saturday, were split on the issue of whether Barbie dolls should be taken out of their boxes or kept in pristine, store-shelf condition, The Washington Post reported Friday.
Molly Cruse, a Baltimore nurse sporting a pink heart tattoo with Barbie's name in the center, walked the aisles of the convention wearing a pin declaring: "Debox! Debox! Debox!"
Fri, 10/07/2009 - 21:18 by Inderjit Singh
Edinburgh -- The discovery of a mutant gene that doubles the risk of allergies could lead to therapies that would prevent severe cases of asthma, Scottish scientists said.
Scientists at the University of Edinburgh say mutations in the filaggrin gene dramatically increase the risk of asthma, hay fever, severe dermatitis and eczema, The Telegraph reported Friday.
"Our finding suggests filaggrin is a robust biomarker for allergic conditions," Aziz Sheikh, a health scientist at the university, said in a story published in the British Medical Journal.
Manipulating the gene mutations could lead to therapies that would prevent the immune system from overreacting to allergic conditions, Sheikh said.