Wednesday, May 23rd

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Morgan Stanley cut Facebook estimates just before IPO

Wednesday, 23 May 2012 00:08
page35NEW YORK--In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company.

The sudden caution very close to Facebook's initial public offering--while an investor road show was under way--was a big shock...

Teachers strike across Spain, protesting cuts

Wednesday, 23 May 2012 00:05
page36MADRID--Spanish teachers went on strike on Tuesday to protest against cuts in education spending that unions say will...

Ford gets second investment-grade nod from Moody's

Wednesday, 23 May 2012 00:05
DETROIT--Ford Motor Co received its second "investment grade" credit rating on Tuesday, allowing the second-largest...

Yahoo clears a hurdle, sells Alibaba stake for $7.1 billion

Monday, 21 May 2012 22:25
page31SHANGHAI/NEW YORK--Yahoo Inc will sell as much as half of its 40 percent stake in Chinese e-commerce powerhouse...

Facebook shares sink 11% as reality overtakes hype

Monday, 21 May 2012 22:24
page32NEW YORK--Facebook shares sank 11 percent in the first day of trading without the full support of the company's...

Barclays to sell 20% stake in BlackRock

Monday, 21 May 2012 22:23
LONDON--British bank Barclays is selling its near-20 percent stake in U.S. asset manager BlackRock, worth $6.1...

Iraqi Kurdistan will push ahead with oil export plan

Sunday, 20 May 2012 22:23
page39ARBIL, Iraq--Iraq's autonomous Kurdistan region said on Sunday it expects to start exporting its crude oil along a...

World leaders back Greece, vow to combat financial turmoil

Sunday, 20 May 2012 22:22
page38CAMP DAVID, Maryland--World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps...

G8, ups pressure on Iran, puts oil stocks on standby

Sunday, 20 May 2012 22:19
CAMP DAVID, Maryland--Leaders of the Group of Eight major economies raised the pressure on Iran on Saturday...

Muddled political leadership leaves India’s economy adrift

Friday, 18 May 2012 21:40
MDF74214NEW DELHI--"Dear God," wrote economist Rajeev Malik as he called on the Almighty to help India's "rudderless"...

Historic Facebook debut falls flat

Friday, 18 May 2012 21:39
MDF74601SAN FRANCISCO--The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social...

China cries foul after US sets tariffs on solar imports

Friday, 18 May 2012 21:39
BEIJING--The United States imposed punitive tariffs on solar panel imports from China, the latest in a series of...

Strong Wal-Mart profit trumps bribery investigation concerns

Thursday, 17 May 2012 23:03
MDF72292NEW YORK--Wal-Mart Stores Inc's profit and sales surpassed expectations as more people shopped at its established...

Warren Buffett to acquire Media General newspapers

Thursday, 17 May 2012 23:01
MDF72750NEW YORK--Warren Buffett's Berkshire Hathaway Inc is boosting its bet on the newspaper industry, with a deal to buy...

Apple will use only green power for main data center

Thursday, 17 May 2012 23:00
NEW YORK--Apple Inc plans to power its main U.S. data center entirely with renewable energy by the end of this year...

FBI launches JPMorgan probe, shareholders back CEO Dimon

Wednesday, 16 May 2012 00:05
MDF68044TAMPA, Florida--The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping...

Brazil targets Argentina with new trade licenses

Wednesday, 16 May 2012 00:03
MDF68991BRASILIA--Brazil escalated a growing trade fight with Argentina on Monday by throwing up extra bureaucratic obstacles...

Cuba drags feet on foreign investment

Wednesday, 16 May 2012 00:03
HAVANA--Cuba's reform plans to attract more overseas investment are off to a slow start as the government focuses...

China’s instant buildings: Just add labour, fireworks and a cow

Monday, 14 May 2012 22:46
MDF65820YUEYANG, China--As a crane lowered a steel-and-concrete slab onto support pillars, construction workers swarmed...

JPMorgan CIO retires, Obama says proves the need for reform

Monday, 14 May 2012 22:45
LONDON/NEW YORK--The leader of JPMorgan Chase & Co's hedging unit is retiring after trading losses that could end...

New Bank of England chief needed

Monday, 14 May 2012 22:45
LONDON--A huge change in the Bank of England's remit has thrown open the race for a successor to Governor Mervyn...

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Islands
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French and Dutch side chefs sponsor cook off
Wednesday, 23 May 2012
MARIGOT--A spontaneous cooking competition organized by Kenny and the Bready Bunch in Grand Case... Read more...
Insurers ask MPs to hold back insurance regulation changes
Wednesday, 23 May 2012
PHILIPSBURG--St. Maarten Insurance Association (SMIA) has asked Parliament to hold off on approving... Read more...
Regional
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Coalition partner expresses concerns about governance
Tuesday, 22 May 2012
PORT-OF-SPAIN, Trinidad--The Movement for Social Justice (MSJ) Monday removed its support from all... Read more...
Media workers arrested in liquor mart hold-up
Tuesday, 22 May 2012
PORT-OF-SPAIN, Trinidad--Two media workers - a crime reporter and a cameraman - were among four... Read more...
U.S.
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US Airways jetliner diverts after passenger claims to have device
Tuesday, 22 May 2012
WASHINGTON--A passenger who claimed to have a surgically implanted device prompted a US Airways... Read more...
Census bridges pre-war 1940 with the present
Tuesday, 22 May 2012
NEW YORK--Actress Ginger Rogers won an Oscar, McDonald's opened its first restaurant, there were... Read more...
International
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As Myanmar opens, protesters test the boundaries of freedom
Tuesday, 22 May 2012
YANGON--As long-isolated Myanmar opens up, its people are flexing their newly democratic muscles... Read more...
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S.African farmhand guilty of murdering supremacist
Tuesday, 22 May 2012
VENTERSDORP, South Africa--A South African court on Tuesday found black farmhand Chris Mahlangu... Read more...
Business
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Morgan Stanley cut Facebook estimates just before IPO
Wednesday, 23 May 2012
NEW YORK--In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the... Read more...
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Teachers strike across Spain, protesting cuts
Wednesday, 23 May 2012
MADRID--Spanish teachers went on strike on Tuesday to protest against cuts in education spending... Read more...
Opinion
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Unpaid advice to Rhoda Arrindell
Tuesday, 22 May 2012
Dear Editor, I am a retired teacher. Every day I meet ex-students. Until now, nobody beat me up, so... Read more...
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Love my life
Tuesday, 22 May 2012
Dear Queenie,   I’m in university. I get good grades and work part-time to help pay my... Read more...
Sports
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James, Wade on fire as Heat crush Pacers
Tuesday, 22 May 2012
MIAMI-- With LeBron James and Dwyane Wade on fire, the Miami Heat pounded the Indiana Pacers 115-83... Read more...
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Thunder close out Lakers 106-90
Tuesday, 22 May 2012
OKLAHOMA CITY –Thunder plunged the final dagger into the Los Angeles Lakers with a 106-90 rout... Read more...
People
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Brad Pitt mob movie portrays broken American dream
Tuesday, 22 May 2012
CANNES, France--Brad Pitt's latest movie paints a bleak picture of the broken American dream,... Read more...
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Victoria's Secret bras a boost for rural Indian women
Tuesday, 22 May 2012
CHENNAI, India--Indian villager Jaya places the bright pink, sequined, moulded C-cupped designer... Read more...
Supplements
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Sisters are doing it for themselves!
Friday, 18 May 2012
~ Lifelong friends reunite annually, this year in St. Maarten ~ By Lisa Davis-Burnett Sometimes I... Read more...
Nurse ‘Lizzie’
Friday, 18 May 2012
By Will Johnson No one can say that Saba has not been studied. In the past several hundred years,... Read more...
Editorial
Editorial - The way to go
Tuesday, 22 May 2012
It's hardly a secret that Justice Minister Roland Duncan is not a big fan of the Dutch Caribbean... Read more...
Editorial - Follow the leader
Monday, 21 May 2012
With his unopposed re-election for the 24th year as leader of the St. Kitts-Nevis Labour Party (see... Read more...
Classifieds
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Tuesday May. 22, 2012
Monday, 21 May 2012
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Monday May 21, 2012
Monday, 21 May 2012
Community
Notices May 23
Tuesday, 22 May 2012
Saturday, May 26 CAR WASH, BOOK SALE Organised by St. Maarten Academy Parent Teachers Foundation... Read more...
Notices May 22
Tuesday, 22 May 2012
Saturday, May 26 CAR WASH, BOOK SALE Organised by St. Maarten Academy Parent Teachers Foundation... Read more...