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UPDATE 2-Emerson to sell embedded computing unit as charge hits profit

2013-08-06 14:41:54| Electronics - Topix.net

Emerson Electric Co reported a sharp drop in quarterly earnings on Tuesday, hurt by an impairment charge for its embedded computing and power business, and said it was selling a majority stake in the unit for about $300 million.

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TOP NEWS: American Trucks Sell Well, But at What Price?

2013-08-06 09:00:54| AutomotiveDigest.com - Automotive Industry News

If the U.S. ends the 50-year-old trade tariff on pickup trucks, it would open up the global trade market and could ease the cost of pickups here in the U.S. Dealers have been trying to interest younger buyers in cars of late, but the latest studies show that may not be the age group for the bulk of current car buyers. AutoNation reports an increase in July sales, and it has reached a new milestone as an automotive retailer with a surprise for one car buyer in Florida.The Article TOP NEWS: American Trucks Sell Well, But at What Price? appeared first on Automotive Digest.

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BASF downgraded to Sell from Buy at Goldman

2013-08-05 16:15:49| Jewelry - Topix.net

On The Fly: Analyst Downgrade Summary Today's noteworthy downgrades include: Allstate downgraded to Hold from Buy at Deutsche Bank... Ameriprise downgraded to Neutral from Buy at Citigroup... Brinker downgraded to Market Perform from Outperform at Raymond James... CBOE Holdings downgraded to Neutral from Buy at Goldman... Chubb downgraded to Hold ... (more)

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Ligand Pharmaceuticals Lowered to "Sell" at Cantor Fitzgerald

2013-08-04 01:27:04| Biotech - Topix.net

They currently have a $37.00 price objective on the stock, up from their previous price objective of $36.00.

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Vodafone may have to sell $1 billion Bharti Airtel stake under licence rules

2013-08-03 17:08:44| Telecom - Topix.net

Vodafone Group Plc may be forced to sell its 4.4 per cent stake in India's top telecom services provider Bharti Airtel Ltd - worth about $1 billion - after rules published on Friday outlawed crossholdings in rival telecom companies.

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