AP Financial News Summary at 8:29 a.m. EDT
Sep. 11, 2006
Dell to Delay Filing 2Q Report
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ROUND ROCK, Texas (AP) _ Computer maker Dell Inc. said Monday it will delay filing its fiscal second-quarter report and suspended its share repurchase program because of previously-disclosed accounting probes.
Stock Futures Point to Lower Start
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LONDON (AP) _ U.S. stock futures fell on the fifth anniversary of the Sept. 11 terror attacks, as investors eyed takeover news and a downgrade for Bank of America.
Coca-Cola Plant Opens in Afghan Capital
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KABUL, Afghanistan (AP) _ A sniper on the gleaming Coca-Cola factory's roof peers through his gun sight over Kabul's bullet-pocked suburbs, searching for any hint of a terrorist threat.
Ipsco Buying NS Group in $1.46B Deal
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LISLE, Ill. (AP) _ Canadian steelmaker Ipsco Inc. said Monday it is buying NS Group Inc., a maker of steel pipes and tubes used in oil fields, for about $1.46 billion in cash.
OPEC Will Likely Hold Production Steady
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VIENNA, Austria (AP) _ OPEC will likely hold its oil production steady for now _ but it's casting a wary eye on prices as the cost of crude plummets to five-month lows.
No Word on HP Chairwoman's Fate
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SAN FRANCISCO (AP) _ Hewlett-Packard Co.'s board adjourned an emergency phone conference Sunday without announcing whether it would oust Chairwoman Patricia Dunn for ordering an investigation that may have used illegal means to spy on colleagues and journalists.
Prospect of Nasdaq Bid Boost OMX Shares
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STOCKHOLM, Sweden (AP) _ Shares of Nordic and Baltic stock exchange operator OMX AB rose Monday after a report that it was in talks to be purchased by Nasdaq Stock Market Inc.
Crude Oil Prices Sink Below $66 a Barrel
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LONDON (AP) _ Oil prices fell below $66 a barrel Monday as concerns over supplies eased in expectation that OPEC ministers would not change their production targets.
Iraq Official Calls for Oil Partnerships
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ABU DHABI, United Arab Emirates (AP) _ A top Iraqi official called for partnerships with international companies to boost his country's oil industry on Sunday, saying Iraq's emergence as a ``secure petro-democracy'' could quell rampant sectarian violence.
Union Will Discuss Longer VW Work Week
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BERLIN (AP) _ A labor union agreed Monday to enter talks with Volkswagen AG on its demand that employees work longer for no extra pay at factories in Germany.