Western Gas Partners Announces Third-Quarter 2009 Results (Business Wire)
HOUSTON----Western Gas Partners, LP today announced third-quarter 2009 financial and operating results. Net income available to limited partners for the third quarter of 2009 totaled $16.7 million, or $0.30 per limited partner unit .
Stocks rise as traders bet on low rates, China (AP)
More signs that interest rates will remain low and upbeat economic news from China gave investors new reason to keep buying stocks Wednesday.
Setback in Bear Stearns case may force govt shift (AP)
The swift acquittal of two Bear Stearns executives in the governments criminal case tied to the financial meltdown likely will force prosecutors to rethink the evidence they planned to present in a raft of cases that have yet to go to trial, legal experts say.
HP to buy 3Com for $2.7 billion (Reuters)
Hewlett-Packard Co struck a deal to buy network equipment maker 3Com Corp for $2.7 billion to step up competition against Cisco Systems Inc and expand into China.
Earnings roundup: Applied Materials, Macys (AP)
Applied Materials Inc. said that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs to save money as it grapples with a business downturn.
Outlook roundup: Advanced Micro Devices, Lear (AP)
Among the earnings projection stories for Wednesday, Nov. 11, from AP Financial News: SUNNYVALE, Calif. -- Advanced Micro Devices Inc. said its gross profit margin should improve next year as chip sales pick up.
Applied Materials to cut 1,300 to 1,500 jobs (AP)
Applied Materials Inc. said Wednesday that fiscal fourth-quarter net income fell by 40 percent and announced it would cut 1,300 to 1,500 jobs to save money as it grapples with a business downturn.