Wednesday, 20 June 2007

UK experts back use of cervical cancer vaccine

(Reuters) - The Department of Health said the Joint Committee on Vaccination and Immunisation had recommended the vaccine be used.



The positive recommendation is expected to be endorsed by government ministers in coming months.


Read more at Reuters.com Government Filings News

CORRECTED-Circuit City withdraws earnings forecast

(Reuters) - The company reported a loss of $54.6 million, or 33 cents a share, from net income of $6.4 million, or 4 cents per share, for the fiscal first quarter.




Analysts, on average, had been expecting a loss of 32 cents a share, according to Reuters Estimates.


Read more at Reuters.com Market News

Circuit City posts loss, withdraws forecast

(Reuters) - By Franklin Paul



NEW YORK, June 20 - Consumer electronics retailer Circuit City Stores Inc. on Wednesday posted a worse-than-expected quarterly loss and withdrew its earnings forecast, citing a drop in television sales and an uncertain economic environment.


Read more at Reuters.com Market News

U.S. Stocks Retreat After Bond Yields Gain; Citigroup, JPMorgan Decline

(Bloomberg) -- U.S. stocks fell after the yield on
the benchmark Treasury bond rose for the first time in four
days, reviving concern higher borrowing costs will curb growth.

Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co.
led declines in companies that benefit from low interest rates.


Read more at Bloomberg Stocks News

UPDATE 1-Countryside supports C$199.8 mln Fort Chicago bid

(Reuters) - The bid represents a 6.1 percent premium over the
Countryside unit closing price June 19, and a 10.9 percent
premium to the trading price just before Countryside's Feb. 9
announcement that it would begin a strategic review.




Countryside has investments in two energy systems in
Canada, with a combined thermal and electric generation
capacity of about 122 megawatts, and two gas-fired cogeneration
plants in California, with a combined power generation capacity
of 94 megawatts.


Read more at Reuters.com Mergers News

Brazil Real Rises on Stable Inflation, Yields Attracting Foreign Capital

(Bloomberg) -- Brazil's currency rose on
speculation that foreign investors will be drawn by the
country's stable inflation and bond yields.

The real rose for a sixth day, gaining 0.2 percent to
1.9015 at 9:06 a.m. New York time. On June 18, the currency
advanced to 1.8995 per dollar, near its high of 1.8991 on June
1, the strongest since October 2000. The real has gained 3.3
since June 7 and 12.4 percent this year, making it the best
performer among the 16 currencies most actively traded against
the dollar.


Read more at Bloomberg Currencies News

CarMax, Colgate-Palmolive, MGM Mirage, PetroChina: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 9:30 a.m. New York time.

Brush Engineered Materials Inc. (BW US) declined $7.47, or
15 percent, to $43.20. The maker of metals used in electronics
lowered its forecast and now expects 2007 earnings to be $2 to
$2.55 a share, down from its earlier estimate of $2.20 to $2.75 a
share. Brush also said it expects second-quarter earnings to be
on the ``low end'' of a previously announced 50- to 65-cents-a-
share estimate.


Read more at Bloomberg Stocks News