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By Peter Stevenson MEMBERS of Volunteer Doctors Cyprus have treated around 350 people at their free clinic in Nicosia since it opened three months ago, while two more, one in Paphos and one in Polis are due to open today. Limassol also has a free clinic, which was opened only last month, and plans have been drawn ...
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SOME 10 days ago, foreign minister Ioannis Kasoulides raised expectations by announcing the possibility of a deal with Turkey for the opening of the fenced off area of Famagusta, for the return of its inhabitants. In exchange the Cyprus government would agree to the opening of Tymbou airport to direct flights. ...
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By George Psyllides PRIVATE auditors have expressed doubt the electricity authority (EAC) could be considered a going concern and have asked its board to draft a credible plan to tackle the problem, according to the auditor-general’s 2012 report on the semi-state company. Among other issues, ...
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Cyprus Internet Directory [ Wall St little changed; Hasbro falls ]

Wall St little changed; Hasbro falls

Wall St little changed; Hasbro falls
October 19, 2009 - Reuters

U.S. stocks were little changed on Monday, as investors digested a new batch of corporate earnings for signals about the potency of an economic recovery.

Diversified manufacturer Eaton Corp (ETN.N) said quarterly profit fell sharply from a year ago, but still topped expectations, adding it saw early signs of recovery in its markets. Shares rose 6 percent to $64.01.

BB&T Corp (BBT.N) slipped 4.5 percent to $26.99 after the regional bank reported third-quarter profit tumbled by 56 percent, but said early indicators of problem loans were largely stable compared with the second quarter.

Hasbro Inc (HAS.N) shed 4.6 percent to $28.15 after the toymaker posted higher-than-expected quarterly profit, lifted by a demand for movie-related toys, but revenues fell short of the Wall Street view.

"What we've seen so far has been pretty good. Revenues were better than expected, earnings were been better than expected. So what we saw last week was clearly better-than-expectations. Does that continue?" said Stephen Massocca, managing director, Wedbush Morgan in San Francisco.

"By the time we get to the end of this week, we'll have a real good idea of how the numbers look. But from what we've seen so far, the numbers look very, very good."

The Dow Jones industrial average (.DJI) gained 24.03 points, or 0.24 percent, to 10,019.94. The Standard & Poor's 500 Index (.SPX) added 1.54 points, or 0.14 percent, to 1,089.22. The Nasdaq Composite Index (.IXIC) dropped 3.53 points, or 0.16 percent, to 2,153.27.

(Source: Financial Mirror,

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