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Forbes: Markets News August 7th, 2008

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Veolia’s Great Expectations

Thursday, August 7th, 2008 - 2:51 pm

The French water company has held firmly to its forecasts and announced an ambitious cost-cutting program.

forbes.com/markets/2008/08/07/veolia-cut-costs-markets-equity-cx_

ECB Plays The Waiting Game

Thursday, August 7th, 2008 - 2:21 pm

The central bank holds rates, but October will be a key month.

forbes.com/markets/2008/08/07/euro-ecb-trichet-markets-economy-cx

Barclays Scrapes By

Thursday, August 7th, 2008 - 2:07 pm

Surprising resilience at the bank’s securities division helps it report better-than-expected, half-year profits.

forbes.com/markets/2008/08/07/barclays-capital-earnings-markets-e

Pipeline Attacks Ain’t What They Used To Be

Thursday, August 7th, 2008 - 1:04 pm

A blaze at a major pipeline fails to spark the rally in oil prices that might be expected.

forbes.com/markets/2008/08/07/oil-turkey-bp-markets-commodities-c

Operational Problems Hit Holly Corp. Head On

Thursday, August 7th, 2008 - 11:17 am

The oil refiner’s shares soar even after outages and malfunctions cut into second-quarter earnings; analysts and investors believe its capital spending has positioned it well for future.

forbes.com/markets/2008/08/07/holly-oil-closer-markets-equitycx_r

Cautious Outlook Spoils Dean Foods

Thursday, August 7th, 2008 - 10:47 am

The dairy producer posts big second-quarter profits, but inflation and rising costs lead it to dim its outlook; it faces stiffer competition in the organic segment of its market.

forbes.com/markets/2008/08/07/dean-foods-dairy-closer-markets-equ

New Accounting Rule Boosts Ambac’s Fortunes

Thursday, August 7th, 2008 - 9:35 am

Complex valuation provisions bolstered the bond insurer’s second-quarter profit despite significant operating losses; it has been shedding obligations and hopes to regain top credit rating.

forbes.com/markets/2008/08/07/ambac-financial-update-markets-equi

Agrium Cropping Up A Strong Year

Thursday, August 7th, 2008 - 7:20 am

Earnings more than double in quarter as the company raises product prices and farmers keep buying.

forbes.com/markets/2008/08/06/agrium-earnings-closer-markets-equi

Global Demand Powers Foster Wheeler

Thursday, August 7th, 2008 - 7:20 am

Construction and engineering company’s earnings double in second quarter.

forbes.com/markets/2008/08/06/foster-wheeler-closer-markets-equit

Three Strikes For AIG

Thursday, August 7th, 2008 - 7:01 am

With analysts expecting positive operating earnings, the insurer posts third straight big loss.

forbes.com/markets/2008/08/06/aig-insurance-writedowns-markets-eq

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