Report on slowing economic growth advances US stock
Jul. 3, 2006

Stocks advanced Monday, the first business day of the new quarter, as a set of reports pointing to slowing economic growth pleased investors worried about inflation.

Shares in Japan Airlines fell as much as 7 per cent on possible
Media Release
Shares in Japan Airlines fell as much as 7 per cent on Monday as investors sold the stock on concerns their holdings would be heavily diluted after the carrier announced a share issue equal to nearly 40 per cent of outstanding stock.
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A $5.3bn bid by China Mobile for Millicom International Cellular fell apart on Monday
Media Release
A $5.3bn bid by China Mobile for Millicom International Cellular, which would have been the largest overseas acquisition by a Chinese company, fell apart on Monday....
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EU wants hedge funds with little obstacles
Media Release
The European Union’s $325bn hedge fund industry should be free to offer its services across different member states and face fewer obstacles...
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Nissan Motor said on Monday it was ready to discuss with General Motors
Media Release
Nissan Motor said on Monday it was ready to discuss with General Motors an industry-transforming deal to bring the US carmaker into the Japanese manufacturer’s existing alliance with Renault.
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BAE Systems suffered a blow to US expansion plans
Media Release
BAE Systems suffered a blow to US expansion plans on Sunday night when an independent assessor determined that its 20 per cent stake in Airbus was worth less than expected.
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Franco-German executive team at EADS on Monday pledged to overcome the national differences
Media Release
The new Franco-German executive team at EADS on Monday pledged to overcome the national differences that have divided the aerospace group as fears mounted of another profit warning due to problems on the A380 superjumbo project.
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Gerald L. Storch's vision of a new Toys R Us features cleaner stores
Media Release
Storch, the company's new chairman and CEO, also wants his chain to maintain its focus on younger children as it looks to pull itself off the mat and compete with giant discounters like Wal-Mart and Target.
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Company that runs the port of Shanghai, the biggest in China eyes American and European ports
Media Release
The company that runs the port of Shanghai, the biggest in China, wants to expand overseas by acquiring port operations in the US and Europe once it has completed an initial public offering.
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Vodafone has signalled it is likely to increase the number of executive directors on its board
Media Release
Arun Sarin, Vodafone’s chief executive, has reassured shareholders that the company has no plans to create a US-style board with just two or three executive directors
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