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Shares hit by fears of financial turmoil http://ftalphaville.ft.com/blog/2008/06/27/14124/shares-hit-by-fears-of-financial-turmoil/?source=rss http://ftalphaville.ft.com/blog/2008/06/27/14124/shares-hit-by-fears-of-financial-turmoil/ I

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Asteroid Apophis may hit the Earth in 2036 - astronomer

ST. PETERSBURG. June 30 (Interfax) - The asteroid Apophis may hit planet Earth in 2036, Director of the Russian Academy of Sciences' Applied Astronomy Institute Andrei Filkenstein told the media on Monday. "Apophis will reach the orbit of geostationary satellites in 2029. It may hit Earth later, as it makes a number of revolutions," he said. "It is highly probable that the asteroid will hit the Earth in 2036 if its trajectory passes through a 1.5-kilometer 'gate'," he said. There is no way to stave off this danger so far, but scientists have suggested a number of worthy ideas, the astronomer said. te md

Switch-hit will add to the fun of cricket

There is no law in cricket that prohibits the switch-hit, as the stroke with which Kevin Pietersen hit two sixes in England ODI victory over New Zealand at Chester-le-Street Sunday has come to be known. So why were law makers at the Marylebone Cricket Club called upon to take a view on the matter of Pietersen changing his grip from right-handed to left to lift Scott Styris over the boundary?

TV programs from top French networks, hit US shows now available on Apple's iTunes Store in France

Apple today announced that hit television programming from France’s top networks including TF1, France Télévisions, Arte, Mediatoon’s Dargaud TV and Dupuis TV, along with hit US shows from The Walt Disney Company and MTV Networks is now available on the iTunes Store in France. iTunes customers can choose from a wide range of primetime favorites including “La main blanche,� “Les Contes de la Collection Chez Maupassant,� “Coeur Océan,� “Spirou et Fantasio,� “Lucky Luke� and “Le dessous des cartes," as well as Emmy Award-winning programs “Lost,� “Desperate Housewives,� “Ugly Betty� and “South Park.�

Sony (SNE) NewsBite - CEO's Comments Boost SNE

Sony (SNE) opened at $50.81. So far today the stock has hit a low of $50.27 and a high of $50.81. SNE is now trading at $50.48, up 2.05 (4.23%). After hitting a one-year high of $57.92 last May, the stock hit a one-year low of $39.52 in April. SNE shares are rising this morning after company CEO Sir Howard Stringer said in an interview that, despite its troubles in generating sales in its first year, SNE's PlayStation 3 console should make a comeback as popular game titles like Grand Theft Auto IV hit the market. Technical indicators for SNE are bullish and steady, while S&P gives the stock a neutral 3 STARS (out of 5) hold rating. If you’re looking for a hedged play on this stock, consider an October bull-put credit spread below the $40 range.

LM Ericsson Telephone (ERIC) NewsBite - ERIC Down on Sony Warning

LM Ericsson Telephone Co. (ERIC) opened at 10.04. So far today, the stock has hit a low of 10.00 and a high of 10.22. ERIC is now trading at 10.20, down 0.65 (-6.48%). The stock hit its 52 week high of 21.70 in July and set its 52 week low of 8.52 in March. ERIC has been moving downwards for the past year. LM Ericsson Telephone shares have been taking a hit today after its joint venture, Sony Ericsson, announced it expects second-quarter sales and profit declines on market challenges. Technical indicators for the stock are bullish but deteriorating while S&P gives ERIC a neutral 3 STARS (out of 5) hold rating. If you’re looking for a hedged play on this stock, consider an October bear-call credit spread above the $12.50 range. ERIC stock could rise up to 22.

Circuit City Stores (CC) NewsBite - Circuit City Tumbles after BBI Drops Bid

Circuit City Stores Inc. (CC) opened at 2.22. So far today, the stock has hit a low of 2.10 and a high of 2.27. CC is now trading at 2.18, down 0.37 (-16.67%). The stock hit its 52 week high of 15.33 in July and set its 52 week low of 2.10 today. CC has been moving downwards for the past year. Circuit City Stores shares have been taking a hit after Blockbuster Inc. (BBI) withdrew its bid for the company, citing "market conditions." In April, Blockbuster had offered to buy Circuit City for at least $6 a share, or more than $1 billion. Technical indicators for the stock are bearish and steady while S&P gives CC a neutral 3 STARS (out of 5) hold rating. We will just watch this one for now. There are no trades that we like for CC. [RHF - Seven Summits Strategic Investments NewsBite]

The Dog Island

Ever since Nintendo took the “virtual pet� craze to the next level by offering up actual digital dogs in their hit DS release, Nintendogs, game developers have mined this niche looking to excavate the next hit animal avatar. So, in the years since, casual gamers have been granted a vast menagerie of pretend pets in titles such as Horsez and Catz. The use of pet familiars has even hit the hardcore mainstream gamer, with developers like Peter Molyneux introducing a dog companion that your hero gets to befriend and nurture in his forthcoming follow-up to Fable, due later this year. That said, as dog lovers will attest, there is nothing comparable to the bond that develops with Man’s Best Friend – a fact that developer Yukes aims to showcase in their new release The Dog Island.

Hit grows DVD portfolio with Southern Star deal

bear behaving badly, hit entertainment, southern star, the beepsHit grows DVD portfolio with Southern Star deal

Hit bags DVD rights to Bear and Beeps

Global children's rights owner and studio Hit Entertainment has signed up to represent Southern Star preschool shows Bear Behaving Badly and The Beeps in the UK DVD market.

Hackers Hit Comcast

Hackers have hit Comcast, defacing their website and WHOIS records. Unfortunately, as with all hack attacks, this will simply garner sympathy for Comcast and take the spotlight off their shady practices.

GAME Profits Hit Record High In Full Year Results

GAME Profits Hit Record High In Full Year Results Officials from UK based retailer GAME Group have released details of the company’s preliminary full year financial results, for the period ended January 31st, 2008.

Pakistan hit 233 against Bangladesh in tri-series

DHAKA (Reuters) - Salman Butt and Muhammad Yousuf hit half centuries on Sunday to steer Pakistan to a challenging score of 233 all out against Bangladesh in the rain delayed opening match of a triangular series also involving India.

Firefox 3 downloads hit 8 million despite server crash

Firefox 3 downloads hit 8 million despite server crash Mozilla yesterday became a victim of its own PR stunt as millions of eager users crashed the company’s servers 15 minutes before the scheduled release time for Firefox 3. Despite the initial hiccup, however, they recovered and managed to deliver more than 8 million copies of the popular open source browser in a 24 hour period.

Vic Uni hit by phishing scam

Victoria University is the latest to be hit by a campaign aimed at stealing staff and student login details.

Droughts hit 19,177 hectares of rice fields in C. Java

Semarang, Central Java (ANTARA News) - Droughts have hit 19,177 hectares of rice fields in Central Java causing harvest failures on a total of 3,589 hectares of the paddies, a provincial food crop afficial said.

Blanchett, Rudd hit a rocky patch over art expo

SYDNEY: Australian Prime Minister Kevin Rudd’s cosy affair with the nation’s arts community, in particular Hollywood actress Cate Blanchett, has hit a rocky patch over an exhibition of naked photographs of young girls.

Wii Fit to Hit Stores Today

The much-hyped Wii Fit is set to hit retail stores in North America today. Sold with the highly sensitive and technical Balance Board, WiiFit will feature more than 40 different activities all aimed at improving physical well-being.

DDoS attacks hit Radio Free Europe on Chernobyl anniversary

Earlier this week, Radio Free Europe/Radio Liberty (RFE/RL) was hit by a DDoS attack in what director Alyaksandr Lukashuk described in an interview as the "worst attack that has ever happened on the Belarus site and, as far as I know, on RFE/RL in general." The hackers disabled RFE sites serving South Slavic, Kosovo, Radio Farda, Azerbaijan, Tajik, Tatar-Bashkir, and Russian readers, but the primary target of the assault was the Belarus RFE/RL portal.

Harbhajan delivers biggest hit

Twenty20 cricket has become known for its big hits, but the biggest hit this week, in the Indian Premier League (IPL), came when spinner Harbhajan Singh slapped his Indian team-mate Sree Sreesanth.

Cheaper iPhone to hit AT&T hard financially

NEW YORK — AT&T said its profit will take an estimated $600 million hit because of the iPhone's new lower price.

Phil Jaques, Simon Katich hit tons as Australia builds big lead against Windies in 3rd test

BRIDGETOWN, Barbados-Openers Phil Jaques and Simon Katich hit centuries as Australia built a 284-run lead against West Indies on the third day Saturday of the third and final cricket test at Kensington Oval.

UN head tours cyclone-hit Burma

UN Secretary General Ban Ki-moon has toured Burma's cyclone-hit Irrawaddy Delta, and called on the military government to accept more foreign aid.

CDNetworks Acquires Japanese Hit Pops - Adds MSN Video, Sony, Fuji Japan Sites to Customer List

SEOUL, South Korea & SAN JOSE, Calif. - CDNetworks (KOSDAQ:073710) a top-three global, full-service content delivery network (CDN), today announced the closing of its strategic acquisition of the Hit Pops Division of Japan’s Space Communications Corporatio

Aid effort for cyclone-hit Burma

Some aid is beginning to reach victims of the cyclone that hit Burma on Saturday, killing hundreds of people and leaving tens of thousands homeless.

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