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BNET Industries

US 1 Industries Inc.: US 1 Industries, through its subsidiaries, is an interstate trucking company operating in 48 states. Co.'s business consists principally of a truckload operation for which...; US 1 Industries Inc. company page on BNET »

BNET Resources

Massachusetts Pension Fund Fires Legg, 4 Others: BOSTON (Reuters) - Massachusetts' $50.6 billion pension fund on Wednesday fired a Legg Mason Inc LM unit run by fund manager Bill Miller and four other fund firms from managing a $1.8 billion U.S. stocks portfolio due to poor performance. The...; Tags: asset, pension fund, legg mason inc., benefits, payroll solutions, blackrock inc., state street corp., us; News items 2008-08-06
Costly Oil Spurs Long-term Change in Consumers: SAO PAULO (Reuters) - High oil prices have caused "dramatic" and longer-term changes in consumer behavior, U.S. Acting Deputy Energy Secretary Jeffrey Kupfer said on Wednesday. "Oil prices continue to come down but it's unclear what will happen with the prices,"...; Tags: brazil, car, gasoline, sao paulo, transportation, us; News items 2008-08-06
Old Mutual Shares Tumble After U.S. Hit Disappoints: By Clara Ferreira-Marques LONDON (Reuters UK) - Insurer Old Mutual has posted a bigger than expected hit from troubles at its U.S. arm after markets deteriorated beyond its forecasts and warned that sales there could dip as a result in 2008, sending its shares lower. News...; Tags: sales force management, insurance, sales strategy, operating profit, pound, sales, business operations, us; News items 2008-08-06
Commodity Costs Weigh on U.S. Restaurant Results: By Lisa Baertlein SAN FRANCISCO (Reuters) - Hamburger chain Wendy's International Inc WEN and other U.S. restaurant companies posted mixed financial results on Tuesday as higher costs for everything from wheat to fuel continued to eat away profits. Wendy's, which is being acquired...; Tags: us, papa john's international inc., jack in the box inc., triarc cos inc., wendy, commodity cost, arby's, wendy's international inc.; News items 2008-08-05
U.S. Charges 11 in Theft of TJX Customer Data: By Scott Malone BOSTON (Reuters UK) - U.S. authorities charged 11 people from five countries with stealing tens of millions of credit and debit card numbers from major retailers, including TJX Cos TJX, in one of the largest identity-theft schemes on record. The U.S. Attorney...; Tags: dsw inc., boston, bj's wholesale club inc., barnes & noble inc., tjx companies inc., computer, miami, authority, informant, retail company, network, mastercard inc., officemax inc., us, visa inc.; News items 2008-08-05

U.S. Charges 11 in Theft of TJX Customer Data: By Scott Malone BOSTON (Reuters) - The U.S. government charged 11 people on Tuesday with stealing tens of millions of credit and debit card numbers from major retailers including TJX Cos Inc TJX, in one of the largest reported identity-theft incidents on record....; Tags: bj's wholesale club inc., barnes & noble inc., identity theft, tjx cos inc., computer, debit card, retail company, visa inc., us, tjx companies inc., officemax inc., mastercard inc., boston, dsw inc.; News items 2008-08-05
Wolseley Tops FTSE 100 Gainers on U.S. Unit Sale Talk: LONDON (Reuters UK) - Shares in building materials group Wolseley WOS added over 11 percent to top the FTSE 100 leaderboard on Tuesday as traders cited market talk of possible sale of its U.S. operations. Wolseley was not immediately available for comment "Further rumours and...; Tags: wolseley, us, shares, oukbs, london, trader; News items 2008-08-05
HSBC Shares Fall After H1 Results: HONG KONG (Reuters UK) - Shares of HSBC HSBA fell 1.47 percent on Tuesday after it reported a 28 percent fall in first-half profit, which was at the lower end of market expectations. HSBC shares are set to open HK$1.90 lower at HK$127.50 while...; Tags: us, business operations, operational planning, financial services, operational accounting, asset management, hsbc share, hsbc; News items 2008-08-04
Harder to Keep Assets Off Books in IFRS: WASHINGTON (Reuters UK) - International accounting standards will make it harder for banks to keep assets off their balance sheets, a regulator said on Monday, as the United States mulls whether to broaden its use of foreign rules. Under current U.S. accounting rules, companies can keep...; Tags: us, financial services, operational accounting, accounting rule, books, international financial reporting standards, accounting, asset; News items 2008-08-04
U.S. to Agree Insider Trading Probes Revamp Soon: Report: (Reuters) - A U.S. overhaul of insider trading investigations is due to be agreed as early as this week as regulators address growing concerns about illegal activity on global markets, the Financial Times reported Sunday, citing people involved in the talks....; Tags: monitors & displays, sec, newspaper, components, us, hardware; News items 2008-08-04
HSBC Profits Sag 28 Percent to $10.2 Billion on Bad Debts: By Steve Slater LONDON (Reuters) - Europe's biggest bank HSBC HSBA reported a 28 percent fall in its first-half profit, in line with forecasts, as a $14 billion hit on bad debts on U.S. home loans and asset writedowns offset strong Asian growth....; Tags: us, financial services, hsbc share, impairment, analyst, bank, hsbc finance, hsbc; News items 2008-08-04
HSBC Profits Sag on Bad Debts: By Steve Slater LONDON (Reuters UK) - Europe's biggest bank HSBC HSBA reported a 28 percent fall in its first-half profit, in line with forecasts, as a $14 billion (7.11 billion pound) hit on bad debts on U.S. home loans and asset writedowns offset strong ...; Tags: financial services, hsbc finance, hsbc share, analyst, hsbc, impairment, bank, us; News items 2008-08-04
ICE Meets Expectations With 58 Percent Profit Rise: NEW YORK (Reuters) - IntercontinentalExchange Holdings Inc ICE met Wall Street expectations with a 58 percent rise in quarterly profit on Monday, helped by recent acquisitions and strong trading figures. The derivatives and over-the-counter exchange operator earned $84.9 million, or $1.19...; Tags: us, intercontinentalexchange inc., finance, operational accounting, ice share, revenue; News items 2008-08-04
Nikkei at 2-week Closing Low as Automakers Slide: By Aiko Hayashi TOKYO (Reuters UK) - The Nikkei average fell 1.2 percent to a two-week closing low on Monday as carmakers slid on weak U.S. auto sales data, with Nissan Motor also hit by a drop in profits. Global demand stocks such as Nippon Steel...; Tags: sales strategy, stock, yen, nikkei, sales force management, sales, us, investment; News items 2008-08-04
Brazil's to Seek Rapid Revival of Trade Talks: SAO PAULO (Reuters UK) - Brazil wants to restart collapsed global trade negotiations and believes an agreement can be reached within two months, President Luiz Inacio Lula da Silva said on Saturday. Marathon talks on a new global trade pact collapsed in Geneva on Tuesday...; Tags: us, free trade, negotiation, agreement, developing country, president, india, brazil; News items 2008-08-02
GM, Ford, Toyota July U.S. Sales Drop, Nissan's Up: By Poornima Gupta DETROIT (Reuters) - U.S. auto sales tumbled in July, reflecting a deepening downturn in the industry, with tight credit and weak consumer confidence driving General Motors Corp GM, Ford Motor Co F and Toyota Motor Corp to ...; Tags: toyota motor corp., sales, us, ford motor co., suv, general motors corp., nissan motor co. ltd., automobile company, incentive; News items 2008-08-01
Volatility Looms as Eyes on Profits, Fed, Oil: By Walter Brandimarte NEW YORK (Reuters) - Wall Street could be in for more volatility next week as investors brace for a new batch of key earnings reports and the U.S. Federal Reserve's assessment of the economy. A slightly positive but extremely mixed...; Tags: procter & gamble co., cisco systems inc., general motors corp., markets, american international group inc., iran, investor, earnings, volatility, federal reserve board, us; News items 2008-08-01
Car Industry Gloom Descends on GM, BMW, Nissan: By Christiaan Hetzner and David Bailey FRANKFURT/DETROIT (Reuters) - The meltdown in the global car industry claimed more victims on Friday as General Motors lost another $15.5 billion, BMW warned on profits and Nissan earnings missed expectations by a wide margin. General Motor...; Tags: bmw ag, general motors corp., car, financial, chrysler llc, nissan motor co. ltd., automobile company, us, sales, ford motor co., car industry gloom; News items 2008-08-01
Chevron, Statoil, Total Join Earnings Boom: By Michael Erman NEW YORK (Reuters) - Chevron Corp CVX said on Friday record oil prices drove second-quarter earnings up 11 percent to its highest-ever profit, but weak margins from gasoline production led to a big loss at its refining operations. Chevron, the...; Tags: earnings, barrel, sterling bancorp, financial accounting, us, finance, exxon mobil corp., chevron corp.; News items 2008-08-01
U.S. Jobs Woes Add to Global Factories Gloom: By Burton Frierson and Ross Finley NEW YORK/LONDON (Reuters UK) - Factories are struggling in countries ranging from China to Europe to the United States, while U.S. unemployment hit a four-year high, raising concerns that economies around the globe could slip into recession, according to...; Tags: us, financial services, manufacturing, financial planning, july, interest rate, economy, recession; News items 2008-08-01