Industries

Financial Services & Real Estate

Options in financial ETF becomes a crowd favorite

CHICAGO (Reuters) - Traders flocked on Friday to put options in an exchange-traded fund tracking the performance of the financial sector on renewed fears that credit problems could create further fallout in the battered sector.  Full Article 

Technology, Media & Telecommunications

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FCC approves Sirius Satellite acquisition of XM

WASHINGTON (Reuters) - Sirius Satellite Radio Inc's $3.3 billion purchase of XM Satellite Radio Holdings Inc was approved with conditions by U.S. communications regulators on Friday, clearing the way for a deal that will leave just one U.S. satellite radio service.  Full Article 

Healthcare

Amgen says key bone drug trial meets goals

LOS ANGELES (Reuters) - Amgen Inc said its experimental osteoporosis drug, denosumab, significantly reduced the risk of bone fracture in post-menopausal women in a large trial.  Full Article 

Consumer Goods & Retail

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Starbucks rivals seen slurping up its sales

LOS ANGELES (Reuters) - Hot coffee sales at McDonald's Corp may be eating into results at Starbucks Corp, which is expected to report another period of lower profits when it posts quarterly results on Wednesday.  Full Article 

Energy

U.S. BLM sets September date for NPR energy leases

ANCHORAGE, Alaska, July 25 (Reuters) - The U.S. Bureau of Land Management said on Friday it will hold a September 24 oil and gas lease sale for a fifth of the 23-million-acre National Petroleum Reserve in Alaska.  Full Article 

Industrials, Materials & Utilities

UPDATE 2-GM says has Hummer bidders, moving quickly

(Adds closing stock price, market cap data; recasts first paragraph)  Full Article 

Industry Overviews:

Rankings, Financials, Statistics, Performance, and Significant Developments

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Shrinking market sends Japan Inc buying abroad Thursday, 3 Jul 2008 10:53am EDT

TOKYO (Reuters) - Japanese companies are turning increasingly to overseas acquisitions to drive growth, buy technology and build market share, spurred by a stagnant domestic economy, shrinking population and largely unburdened by subprime credit damage.  Full Article 

Currency
UK £ inUSD =1.9915
Euro inUSD =1.5707
¥en inUSD =0.0093
Symbol Bid Ask
BRENT CRUDE $0.00 $0.00
MINI GOLD $929.50 $929.80
MINI SILVER $17.43 $17.46