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Trading for the weeks ahead in the local bourse is expected to continue to remain subdued until February as all eyes remain on the developments in the US-Iraq conflict.
Blue chips slipped on Friday, falling over a weak earnings forecast from the world's No. 1 home-improvement retailer Home Depot Inc, but the Nasdaq managed to eke out a tiny gain, extending its 2003 rally for a second day.
POLONIUS#8217;S comment about brevity, with wit better defined as wisdom, has often been quoted as a reminder to long-winded speakers to keep it short and to the point.
IN a commentary on Nov 26 last year entitled I>Big challenges ahead for KLSE with demutualisation/I>, I noted that all participants in our capital market must play a more active role to make the KLSE a regional bourse that is innovative and internationally competitive.
B>NEW YORK/B>: Disgruntled investors suing Wall Street firms over bad stock picks will soon get a windfall, as state regulators including New York Attorney-General Eliot Spitzer will likely release the findings of probes into Citigroup Inc and other banks by the end of the month.
Intel Corp, the world#8217;s largest maker of microprocessors, has posted fourth-quarter earnings that were almost double those a year earlier as revenues outpaced expectations on sales of higher-priced chips.
Apple Computer Inc posted its second consecutive quarterly net loss as a restructuring charge related to job cuts and a plant closure offset a near 7% gain in revenues.
Technology giant IBM Corp has posted a drop in quarterly profit for the sixth quarter in a row, but said computer services revenue had risen after it bought PricewaterhouseCoopers Consulting.
Microsoft Corp has announced its first-ever dividend and a two-for-one stock split as it reported record sales and a quarterly profit that topped Wall Street expectations.
Book briefs on The Welch Way, The Longman Business English Dictionary and other books.