Wall Street ends sharply higher

The NYSE closed up 1.66% Friday, the Dow Jones Industrial 30 165.52 points to 10,151.33 win points.
The S & P 500 is broader, took 17.39 points, or 1.66% to 1064.61 points.
The Nasdaq Composite Index advanced 34.94 points for his side (1.65%) to 2153.63 points.
These data are likely to vary [...]

U.S. Aerospace protested against his dismissal for tanker

U.S. Aerospace, a California aerospace equipment manufacturer that created a stir by announcing last month will participate in the tender for the giant tanker contract from the U.S. Army, this week filed an appeal after dismissal of his application.
The Government Accountability Office (GAO), the U.S. equivalent of the Court of Auditors, met Monday [...]

Alcatel-Lucent is still on track despite stock shortages

Alcatel-Lucent confirms its annual targets despite the impact, for the second straight quarter, problems associated with shortages of components in the industry.
The telecoms equipment has limited the impact of these shortages on its quarterly results and has released figures broadly in line with expectations, but in return it has consumed more cash to [...]

The White House cut its forecast of budget deficit

The U.S. government acknowledged Friday that the economy had to face "headwinds" and that the fiscal outlook remained bleak, however, but has lowered its estimate of the deficit in 2010.
According to the White House, the current trend is favorable, but the deficit and debt remain too high.
"The economic situation is still [...]

Eli Lilly and Bristol-Myers Squibb beating the consensus

U.S. Laboratories Eli Lilly and Bristol-Myers Squibb on Thursday posted quarterly results above expectations, despite a tighter price controls in Europe, fluctuations in exchange rates and costs of health reform in the U.S. .
Eli Lilly has taken its game in the second quarter thanks to cost control and higher prices in the U.S. [...]

Novartis raised its forecast for 2010

Novartis AG Thursday unveiled figures in line with expectations in the second quarter of 2010 but has attracted attention in revising upward its forecasts for the current year.
The laboratory in Basel now expects growth at constant exchange rates, its revenues would fall between the middle and upper range of a single-digit rate (excluding [...]

Technip will pay $ 338 million for litigation in the USA

Technip will pay 338 million dollars (275 million euros) to settle litigation with the U.S. authorities on suspicion of having bribed Nigerian officials to win contracts in Nigeria, announced the Department of Justice.
Technip pay $ 240 million in criminal restitution and $ 98 million to settle lawsuits brought by the Securities and Exchange [...]

600 million euros to extend each nuclear reactor

The CEO of EDF, Henri Proglio, estimated at 600 million per reactor investment costs required to extend the life of the French nuclear power plants.
"I estimate at 600 million euros for each extension of the lifetime of nuclear power plants," he said in an interview published Saturday by the Latest News from Alsace. [...]

New rate hike in Australia, a possible break

The Australian central bank again raised its key interest rate Tuesday by 25 basis points, bringing it to 4.5%, but stated that lending rates were now near their average, implying that it could pause in tightening monetary policy.
The Reserve Bank of Australia (RBA) announced its decision in a brief statement.
This growth [...]

The phrase du jour – The postponement of the carbon tax, "a crime against humanity"

Former Socialist Prime Minister Michel Rocard on Wednesday described as "very bad news" the indefinite postponement of the carbon tax saying that "in ten years," we speak of "crime against humanity" about those who have "fallen behind".
Read also: Why is the government fell on the carbon tax And also: "A carbon [...]