Infosys shaves forecast after strong quarter

Article Abstract:

Fiscal first-quarter net profit for India's Infosys Technologies Ltd. rose sharply, increasing by 35% to reach $268 mil, with revenue increasing by 25%. However, the information technology firm cut its full-year forecast due to stronger currency, causing shares to fall by 4.5% in Mumbai and 2.2% in the US.

India, Infosys Technologies Ltd.

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Site linking global buyers, China factories, plans IPO

Article Abstract:

An initial public offering is anticipated for Alibaba.com, a Web site that provides a global trade outpost for China's manufacturing sector. The IPO is aimed at Hong Kong retail investors and could raise up to $1.3 bil; it could be the largest ever by a China-based Internet firm.

China, Hong Kong, Manufacturing processes, Manufacturing, Alibaba.com, E-commerce

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Monsanto lifts profit view again

Article Abstract:

For the third time, Monsanto Co. raises it earnings forecast for the year ended August 31, 2008. Article discusses the increased demand for Monsanto's seeds and herbicides, commodity prices, and the company's stock value, and expected per-share earnings.

Farm supplies, United States, Forecasts and trends, Market trend/market analysis, Monsanto Co., Agricultural supplies industry, Agricultural equipment and supplies industry, Commodity price indexes

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