6 billion storm Ike delivers punch: related news

$6 billion storm? Ike delivers? punch

A shrimp boat lies stranded on the side in Hackberry, La., on Wednesday. The boat moved hundreds of feet from across the highway by Hurricane Ike's storm surge.

Russian banks to pay $18.5 bln in foreign debt in Q4, companies - $29bln

MOSCOW. Oct 10 (Interfax) - Russian banks will have to pay a total of $18.5 billion in foreign debt in the fourth quarter of 2008, while companies working in other sectors of the economy will have to pay $29 billion, the Central Bank said on its website. Banks will have to pay off $16.5 billion in principal debt in the fourth quarter and $2 billion in interest payments. Companies working in other sectors will have to pay $26 billion in principal debt and $3 billion in interest payments. The payments will decline in 2009. Banks will have to pay foreign debt of $13.6 billion in the first quarter of 2009, $12.9 billion in the second quarter, $8.3 billion in the third quarter and $13.2 billion in the fourth quarter, the Central Bank said. Other companies are planning to pay $16.

BlackBerry Storm in the House: Unboxing Video

We can't ignore the BlackBerry Storm from RIM: it's the new flagship device for the platform that continues to put pressure on Windows Mobile. The Storm is not only the first touchscreen BlackBerry, but it's the first touchscreen device to offer haptic feedback beyond the short vibrations that we're finding to come on some new devices. Our new guest editor, Jon Rettinger, unboxes the Storm in this video. He'll be back for more coming up soon. For more info on the Storm, check out the detailed specs of the BlackBerry Storm.

Review: BlackBerry Storm

Research In Motion has finally been caught in the whirlwind mobile phone fad of the day and conjured up a Storm of its own to combat the headwinds. The Storm is the first BlackBerry to use a touch screen for input. RIM has done some really innovative things with the Storm, but sticks to its roots with the business-friendly underpinnings that anchor the Storm. If you're a business user who needs a BlackBerry for its tight integration with business software and services, but are longing for something a little more nontraditional than the usual BlackBerry QWERTY slab phone, the Storm could be the phone for you.

BlackBerry Storm Review (Verdict: Not Quite a Perfect Storm)

It's hard to overstate how important the BlackBerry Storm is to RIM and Verizon. It's RIM's bold effort to fend off the iPhone and Verizon's best hope for a star handset that draws people in, or at least keeps them from bailing. The Storm's major innovation is what RIM calls SurePress—the entire touchscreen is fat, honkin' button—which has been paired with a redesigned, finger-friendly BlackBerry OS. We've already showed you a lot of what the fuss is all about, but now that we've spent some quality, uninterrupted time with the Storm, here's why we think it falls short of its promise.

Banks have 500.5 bln rbs on CBR correspondent accounts on November 17

MOSCOW. November 17 (Interfax) - Russian banks have 500.5 billion rubles on correspondent accounts in the Central Bank as of November 17 including 343.9 billion rubles for Moscow banks. The balance on November 14 was 531.3 billion rubles and 350.5 billion rubles, respectively. Banks had 338.2 billion rubles on deposit accounts in the Central Bank on November 17 against 409.9 billion rubles on previous day. [RU ASIA EUROPE EEU EMRG CEN BNK M MMT ECI MCE]

Javelin Report Says Online Payments to Reach $148 Billion in 2008

Financial services research firm Javelin Strategy & Research released its 2008 Online Retail Payments Forecast. The study found that while online payments represents only 3.5% of total retail sales in 2008, consumers are steadily increasing adoption of alternative payment types, replacing transactions from the traditional, financial institution-controlled credit and debit cards. Javelin said during this year's holiday shopping season, it projects $7.8 billion will come from alternative payments versus $35 billion from traditional online payment methods. The overall projected growth for online payments is expected to reach $148 billion in 2008, climbing to $268 billion by 2013.

Storm vs. iPhone 3G: 8 reasons to pick the Storm

With the new BlackBerry Storm set to hit US stores, many smartphone enthusiasts looking to go the touch screen route will have to make a decision between RIM's first touch device and the iPhone 3G. In this second installment of a two-part series we offer up eight reasons to embrace the Storm

Storm vs. iPhone 3G: 8 reasons to pick the Storm

With the new BlackBerry Storm set to hit US stores, many smartphone enthusiasts looking to go the touch screen route will have to make a decision between RIM's first touch device and the iPhone 3G. In this second installment of a two-part series we offer up eight reasons to embrace the Storm

Storm vs. iPhone 3G: 8 reasons to pick the Storm

With the new BlackBerry Storm set to hit US stores, many smartphone enthusiasts looking to go the touch screen route will have to make a decision between RIM's first touch device and the iPhone 3G. In this second installment of a two-part series we offer up eight reasons to embrace the Storm

Storm vs. iPhone 3G: 8 reasons to pick the Storm

With the new BlackBerry Storm set to hit US stores, many smartphone enthusiasts looking to go the touch screen route will have to make a decision between RIM's first touch device and the iPhone 3G. In this second installment of a two-part series we offer up eight reasons to embrace the Storm

Earnings: Nokia Profit Down 30 Percent; Sales, Market Share Down

Nokia (NYSE: NOK) reported third quarter earnings today, which saw its net income fall 30 percent to 1.09 billion euros ($1.47 billion), from 1.56 billion euros ($2.10 billion), compared to a year ago. Third quarter earnings per share came in at 0.29 euros, down from 0.40 euros year on year, missing analyst forecasts of 0.31 euros. Sales were down 5 percent to 12.2 billion euros ($16.4 billion), falling short of analyst expectations of 12.7 billion euros ($17.1 billion). The handset maker shipped 117.8 million units, up 5 percent year on year and down 3 percent sequentially.

Apple earnings climb 26%, iPod, Mac sales rise

on Tuesday reported a fiscal fourth-quarter profit of $1.14 billion, or $1.26 a share, on revenue of $7.9 billion, up from of $904 million, or $1.01 a share, on $6.22 billion in sales in the same period a year ago. Analysts surveyed by FactSet Research had forecast Apple to earn $1.10 a share on revenue of $8.02 billion. Apple said that when adjusting to eliminate the impact of subscription-based accounting related to certain products, it would have earned $2.44 billion on $11.68 billion in sales. For its first quarter, Apple estimates it will earn between $1.06 to $1.35 share on revenue in a range of $9 billion to $10 billion. End of Story

CORRECT: Vodafone cuts sales outlook as profit falls

the world's largest mobile operator by sales, on Tuesday said first-half net income fell 35% to 2.14 billion pounds, or 4.02 pence a share, from 3.29 billion pounds, or 6.19 pence a share, earned in the year-earlier period. Profit in the latest period was hit by an impairment loss of 1.7 billion-pound impairment related to the group's Turkish business. Excluding one-time items, adjusted earnings came in at 7.52 pence a share, up 17% from a year earlier. Sales rose 17% to 19.9 billion pounds. The company also lowered its outlook for the year. It now expects revenue in the range of 38.8 billion pounds to 39.7 billion pounds, instead of its previous forecast of around 39.8 billion pounds, and adjusted operating profit of 11 billion pounds to 11.

Vodafone cuts sales outlook as quarterly profit falls 35%

the world's largest mobile operator by sales, on Tuesday said first-half net income fell 35% to 2.14 billion pounds, or 4.02 pence a share, from 3.29 billion pounds, or 6.19 pence a share, earned in the year-earlier period. Profit in the latest period was hit by an impairment loss of 1.7 billion-pound impairment related to the group's Turkish business. Excluding one-time items, adjusted earnings came in at 7.52 pence a share, up 17% from a year earlier. Sales rose 17% to 19.9 billion pounds. The company also lowered its outlook for the year. It now expects revenue in the range of 38.8 billion pounds to 39.7 billion pounds, instead of its previous forecast of around 39.8 billion pounds, and adjusted operating profit of 11 billion pounds to 11.

China c.bank to sell up to 5 bln yuan 1-year bills

SHANGHAI, Nov 17 (Reuters) - China's central bank said on Monday it would auction up to 5 billion yuan ($733 million) of one-year bills in its regular open market operation on Tuesday, down from 10 billion yuan at the previous auction of such bills two weeks ago. A total of 26.5 billion yuan in central bank bills is due to mature this week and there are no repos maturing this week. Last week, the central bank conducted a net injection of 84.5 billion yuan into the market, after it injected a net 11.5 billion yuan in the previous week. ($1 = 6.82 yuan) (Reporting by Karen Yeung; Editing by Jonathan Hopfner) Keywords: CHINA OPENMARKET (karen.yeung@thomsonreuters.com; +86 21 6104 1783; Reuters Messaging: karen.yeung.reuters.com@reuters.net)

BlackBerry Storm: Its first weekend in the UK

The BlackBerry Storm is the latest handset from RIM, and in a shocking decision, went on sale in the UK before the U.S. The Storm was made available to the Vodafone network for free, for just £35 per month. This was the first weekend for the BlackBerry Storm in the UK, so were the sales figures as good as expected.

BlackBerry Storm Rolls Out, But It's Not an iPhone

Research in Motion and Verizon Wireless rolled out the BlackBerry Storm across the U.S. with fanfare. The BlackBerry Storm has an innovative "clickable" touchscreen and offers multimedia features along with standard RIM touches. But comparisons of the BlackBerry Storm to Apple, Inc.'s iPhone fall short, according to an analyst.

Fannie Mae posts $29 billion loss in third quarter

on Monday said its third-quarter loss widened to $29 billion, or $13 a share in its fiscal third quarter ending Sept. 30, from a loss of $1.52 billion, or $1.56 a share in the year-ago period. Fannie Mae also reported a decrease in the non-GAAP estimated fair value of its net assets, from a positive $35.8 billion on Dec. 31 to a negative $46.4 billion on Sept. 30. Third-quarter results were driven primarily by a $21.4 billion non-cash charge to establish a valuation allowance against deferred tax assets, as well as $9.2 billion in credit-related expenses arising from the ongoing deterioration in mortgage credit conditions and declining home prices, the Washington, D.C. lender said. On Sept. 6, Fannie Mae began operating under the conservatorship of the Federal Housing Finance Agency.

Local banks should use the 9 billion tenge allocated to them as part of the "Damu-Regions" programme for the development of SMEs before the 25th of December

Local banks should use the 9 billion tenge allocated to them as part of the “Damu-Regions” programme for the development of SMEs before the 25th of December. The first tranche of 56 billion tenge has already been allocated but currently only 6 billion has been used. To hasten the process, the government is to remove a number of banking restrictions.

A New Look for BlackBerry... The Storm

A new look for BlackBerry...the Storm. Bloomberg Boot Camp, a report on today's technology. BlackBerry maker Research in Motion....is out with its first touch screen device....looking to stem defections to Apple's iPhone. The screen on the Storm depresses...giving users of the on screen keyboard a similar experience to the keyboards you'll find on other BlackBerrys. Hold it vertically...and you have a keyboard that mimics what is on the BlackBerry Pearl. Hold it horizontal....and you have a full QWERTY keyboard. The Storm ...is being sold by Verizon Wireless, where spokesman David Samberg says....

Verizon's BlackBerry Storm Private Pre-Sale Has No Storms

Oops. You know that pre-sale flyer that was doing the rounds to Verizon "VIPs", the one with the BlackBerry Storm on the left hand side? Turns out that if you, a VIP, turn up at a store with that very flyer you'll not be able to buy a Storm ahead of its launch. You won't, in fact, be able to touch one to see what it's like. You won't be able to see one. There are none, apparently. All you're able to do is get yourself put on a list for a call from Verizon on Friday so you can pre-order the phone. Okay, the flyer didn't make definite promises...but it's pretty much 100% misleading for Storm fans. Guess everyone has to wait for the real date. [BGR]

Fannie Mae to sell $2 billion in reopened benchmark notes

said Monday it plans to reopen its three-year and five-year notes, selling $1 billion of each maturity. Fannie Mae currently has $4 billion in five-year notes and $3.5 billion in three-year notes outstanding. Both issues are slated to price Monday for settlement Wednesday. End of Story

eWEEK Labs Walk-Through: BlackBerry Storm 9530 Smartphone

Research In Motion, the mobile and wireless device vendor known best for its often-imitated Chiclet-style thumb keyboards, has produced its first touch-screen device, the BlackBerry Storm. The BlackBerry Storm's most striking feature is its nifty SurePress touch-screen, which combines the flexibility of software-based input with the tactile response of physical buttons. Click on for some pictures of the Storm smartphone that we've taken during our tests so far, and then read our review of the device.

Telmap wirkt mit bei Vodafone Find & Go Service fr das neue BlackBerry Storm

Telmap wirkt mit bei Vodafone Find & Go Service für das neue BlackBerry Storm - Das neue BlackBerry® Storm™ 9500 Smartphone geht morgen im Vodafone-Netz an den Start und wartet dabei mit dem neuesten Vodafone Find & Go Service auf, ein von Telmap entwickelter, persönlicher Such-, Mapping- und Navigationsdienst, dessen Design ganz speziell auf die hochmoderne Touchscreen-Benutzeroberfläche des BlackBerry abgestimmt wurde. Das BlackBerry Storm wird für das gesamte Vodafone-Netz verfügbar gemacht und bietet ganz individuell zugeschnittene Navigationsfunktionen für Reisende. Dazu gehören u.a. Autokarten in 3D mit Text to Speech-Funktion, Verkehrsmeldungen mit alternativen Reiserouten sowie ein Fußgängermodus.

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