THOMSON FINANCIAL NEWS TOP STORIES Global 1605 BST |
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Published
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Thu, 26 Apr 2007 16:22 |
LONDON (Thomson Financial) - Here are the top stories on Thomson Financial NewsHarman to be bought in $8 billion dealWASHINGTON (AP) - Harman International Industries Inc., provider of upscale audio equipment, said Thursday it agreed to be bought by two private equity firms for about $8 billion. Shares of the company soared.Kohlberg Kravis Roberts & Co. and GS Capital Partners agreed to pay $120 per share in cash. That represents a premium of 17 percent over the stock's closing price of $102.56 on Wednesday.US weekly jobless claims down 20,000 to 321,000, lowest in four weeksWASHINGTON (Thomson Financial) - The number of people filing new claims for unemployment insurance fell more than expected, hitting a low not seen in a month, the Labor Department said today.First time claims fell 20,000 to 321,000 in the week ended April 21, lower than the 330,000 new claims economists had expected. First time claims are now at their lowest level in four weeks.Thomson Corp Q1 EPS 35 cents vs 21; to renew share buybackSTAMFORD, Conn (Thomson Financial) - Thomson Corp said earnings per share rose to 35 cents in the first quarter, from 21 cents a year earlier, as revenues rose 11 pct 1.7 bln usd.The global provider of information services to business and professional customers also said it plans to renew its share repurchase program for another 12 months and expects to buy back up to 15 mln shares, or about 2.3 pct of outstanding shares.Ford posts 1Q net loss of $282 million
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