FTI to Spin Off Technology Unit (New York Times)

6 August 2008, 4:47 am

FTI Consulting , a business advisory firm, said Wednesday it planned to spin off a minority stake in its technology unit, raising $600 million to $700 million. It expects to spin or split off the rest of the unit within a year after the offering.... read more

Namibia: Cardiac Unit Inaugurated (AllAfrica.com)

6 August 2008, 4:44 am

The first cardiac hospital unit in Namibia was officially inaugurated yesterday by President Hifikepunye Pohamba and his South African counterpart, Thabo Mbeki.... read more

Time Warner second-quarter earnings fall 26% (Los Angeles Times)

6 August 2008, 4:38 am

Time Warner Inc.'s second-quarter earnings fell 26% on declining subscriber fees at its AOL online unit and lower ad revenue at the Time publishing business, the media conglomerate said Wednesday.... read more

(AFX UK Focus) 2008-08-06 12:12 Italy July unit trust net outflow 13.5 bln euros vs outflow 12.6 bln in June (Interactive Investor)

6 August 2008, 4:37 am

MILAN (Thomson Financial) - Italy unit trusts reported a net outflow of 13.523 billion euros in funds in July, widening from the net outflow of 12.645 billion in June, the Assogestioni association of fund managers said.... read more

The Online Social 'Shop Till You Drop' Party (E-Commerce Times)

6 August 2008, 4:13 am

It's no fun shopping alone. That's the theory behind social shopping, a trend that combines social networking with e-commerce. It's a trend that's coming into its own as increasing numbers of online shoppers turn to the sites for fun, companionship, and camaraderie with other shoppers.... read more

Time Warner 2Q net drops 26 percent (San Francisco Chronicle)

6 August 2008, 4:12 am

Time Warner Inc.'s second-quarter earnings fell 26 percent on declining subscriber fees at its AOL online unit and lower ad revenue at the Time publishing business, the media conglomerate said Wednesday. Time Warner affirmed its full-year financial targets...... read more

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