Investor’s Business Daily – Tenneco , an auto parts maker, swung to a Q2 profit of 62 cents ex items, topping views by 18 cents. Revenue rose 36% to $1.5 bil, above views. Tenneco, which makes emission control products, shock absorbers and other components, climbed 7.6% to 25.97.
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Tenneco ,
(Investor’s Business Daily)
The trial begins in Egypt on Tuesday of two policemen accused of beating an Internet cafe customer to death after he refused to show them his ID. The case has attracted attention from Egyptians fed up with living in what they describe as a police state.
But 91 banks passed the tests, which are intended to measuring their strength in case the continent’s government debt crisis takes a turn for the worse. European Union officials hope the results will reassure markets worried about hidden bank losses from the crisis.
Secretary of State Hillary Clinton lashed out at belligerent acts by North Korea, human rights abuses in military-run Myanmar and, in a sign of new U.S. attention to the Pacific, claimed the resolution of thorny territorial disputes in the South China Sea to be in America’s national interest.
U.S. sanctions on North Korea were tightened this week, 10 days after new ones were imposed on Iran. Sanctions remain an important alternative to military action in U.S. diplomacy. But will they work?
Researchers at the International AIDS Conference in Vienna announced that a vaginal gel can reduce a woman’s risk of acquiring HIV by half. The study of almost 900 South African women looked at the effectiveness of a gel containing Tenofovir.
U.S. Secretary of State Hillary Clinton is attending a donors’ conference in Kabul, Afghanistan, along with representatives of 70 nations in an effort to shore up the country.
U.S. Secretary of State Hillary Rodham Clinton sought Monday to convince skeptical Pakistanis that American interest in their country extends beyond the fight against Islamist militants by announcing a raft of new aid projects worth $500 million.
The online publication emerged several weeks ago with headlines like “Make a Bomb in the Kitchen of Your Mom.” U.S. intelligence officials were so concerned, they made it part of the president’s security briefing. But analysts say it apparently isn’t resonating with its intended audience: young, would-be jihadis.
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