Stock-PR Stock Report Friday August 14, 2009
Source: http://stock-pr.com/?p=952Posted on Friday, August 14th, 2009 | In Market Commentary, Small & Micro Cap
State-owned China Unicom Ltd. said Friday it is talking with Apple Inc. (NasdaqGS: AAPL) about becoming an iPhone carrier but denied a report it has reached a deal and will buy 5 million handsets.
Retail financial-services firm Charles Schwab Corp. (NasdaqGS: SCHW) said Friday that its client daily average trades fell 14% in July compared to the year-earlier period and declined 8% from June 2009. Net new assets brought to the company by new and existing clients in July totaled $5.6 billion. Total client assets were $1.29 trillion as of month-end July, down 8% from July 2008 and up 5% from June 2009.
A landmark settlement that will spare UBS AG (NYSE: UBS) a lengthy and damaging U.S. tax trial is set to be signed next week and will involve the disclosure of the biggest holders of secret Swiss accounts.
Caterpillar Inc. (NYSE: CAT) today announced Vice President Sid Banwart will retire effective October 1, 2009, after more than 41 years with the company. Banwart has been the vice president of Caterpillar’s Human Services Division since 2004. The division has global responsibility for corporate human resources, compensation and benefits, diversity, public affairs, Caterpillar University, and safety and sustainability initiatives.
Autodesk (NASDAQ: ADSK) earned $10.5 million in the quarter, down from a profit of $89.8 million a year earlier in the second quarter.
Aquentium (OTCBB: AQNM) announced recently that the company has begun its feasibility study for implementation of a waste-to-energy plant in the country of South Korea. The study is based on building a 1,000 metric ton per day waste to energy processing plant.
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