Daily Highlights: 5.6.09

Tyler Durden's picture
  • Crude oil little changed after falling to six-week low on stronger dollar
  • Nigerian President Umaru Yar'Adua Dies, Aged 58
  • Oil spill threatens price for jumbo crab cakes at top-ranked U.S. eateries
  • U.S. retailers may report smallest monthly sales increase since November after shutting it because of a leakage on May 2.
  • Alcatel-Lucent shares plunge after quarter's loss is double estimates
  • BNP Paribas 1Q net rises 47% on fortis assets and lower provision
  • BP plans to lower containment dome on to seabed of gulf of Mexico
  • Commerzbank's March net income rose from a $861M loss last year to a $708M gain this year.
  • Diageo Plc reported 3Q sales on growth in emerging markets
  • Dubai World to stop paying interest on outstanding loans as of May 1
  • GM names Ewanick marketing head to replace Docherty after two-month tenure
  • Goldman gets a 250-fold return as Hepalink shares surge in debut in China
  • Hermes sales rise 19% on leather-goods demand in Asia
  • Morrison sales growth slows as price inflation eases
  • Nike CEO Parker Plans to Explore Acquisitions, Boost Revenue 41% by 2015
  • Nintendo forecasts annual profit will drop to lowest level in four years
  • Nokia shareholders lose patience in third year without response to IPhone
  • Prudential delays start of $21B rights offer amid talks on capital
  • Sara Lee's EPS rose from 22 cents last year to 29 cents this year.
  • Titanium Metals' net income stable at $27M.
  • Washington Post Co. puts Newsweek magazine up for sale
  • Zurich profit increases 76% on sales of life insurance

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