Berkshire Hills sees earnings below estimates

(Reuters) - Shares of the company were down almost 2 percent at $27.43 in morning trade on the Nasdaq.







Read more at Reuters.com Business News

Libya sees enhanced oil round - Gaddafi son

(Reuters) - Libya plans an enhanced oil recovery round to develop its production capacity, Libyan leader Muammar Gaddafi's son Saif al-islam said on Monday.

"We are now ready to launch ...another round for enhanced recovery also -- that's a new one," he told Reuters in an interview during a visit to France.


Read more at Reuters Africa

FTSE 100 Index Stocks Advance, Led by HSBC, Imperial Chemicals, Vedanta

(Bloomberg) -- U.K. stocks rose for the first time
in five days, led by HSBC Holdings Plc after Europe's largest
bank reported profit that topped analysts' estimates.

Imperial Chemicals Industries Plc also gained, while BHP
Billiton Ltd. led shares of mining companies higher.


Read more at Bloomberg Stocks News

Platinum, Palladium Fall in New York on Speculation Auto Demand May Weaken

(Bloomberg) -- Platinum and palladium fell in New
York on speculation demand may weaken after Nissan Motor Co.
developed a technology that uses less of the precious metals in
emission-control devices.

The Tokyo-based company said July 27 that its new
autocatalyst requires only half the platinum, palladium and
rhodium of existing models. Makers of the devices buy 54 percent
of the platinum sold each year, according to Helen Henton, head
of commodity research at London-based Standard Chartered Plc.


Read more at Bloomberg Commodities News

UPDATE 3-KPN to buy Getronics for $1 bln, core profit flat

(Reuters) - AMSTERDAM, July 30 - Telecoms group KPN
has agreed to buy struggling information technology services
company Getronics for 766 million euros ,
making it the Dutch market leader in IT services.




KPN , which also beat analysts' expectations by
posting flat second-quarter core earnings on Monday, said the
cash takeover offer at 6.25 euros per Getronics share was part
of its strategy to move from providing communications links to
more value-added services in the business market.


Read more at Reuters.com Market News

Shares of mortgage lenders slide

(Reuters) - Other mortgage lenders falling included Countrywide Financial Corp. , down 3.4 percent to $28.85 and Novastar Financial Inc. , down 8.9 percent to $14.80.




Read more at Reuters.com Hot Stocks News

UPDATE 1-Wrigley posts higher 2nd-quarter profit

(Reuters) - The world's largest chewing gum maker said earnings rose to
$169.8 million, or 61 cents a share, from $140.6 million, or 51
cents a share, a year earlier.




Excluding costs for restructuring the company's supply
chain, earnings were 62 cents a share. Analysts on average had
forecast 59 cents, according to Reuters Estimates.


Read more at Reuters.com Market News