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WebProNews | Breaking eBusiness News Your source for investigative ebusiness reporting and breaking news.
TurboScout: a New Meta Search Engine

A 21 year-old undergraduate from Singapore launched TurboScout.com, a new search tool that helps Internet users to access and compare original results from over 90 search engines across 7 categories on a single web page, removing the hassle of retyping keywords into different search engines.

Constellation Reports Net Sales and Income

Constellation Brands reported record net sales and net income for its fiscal year ended Feb. 28, 2005.

Willis and Spitzer Reach Agreement

Willis Group Holdings has reached a comprehensive agreement with the New York Attorney General and the Superintendent of Insurance for New York to resolve issues raised by the industry-wide investigation into contingent commissions.

ITC Issues Remedy in Eaton’s Favor

Diversified industrial manufacturer Eaton announced that the International Trade Commission (ITC) yesterday issued a remedy in Eaton’s favor in an unfair import…

Siemens To Acquire Myrio

Myrio has agreed to be acquired by Siemens Communications to provide Myrio’s customers with additional engineering and operational support…

Chevron Nigeria and NNPC Award KBR Snamprogetti JGC Joint Venture EPC Contract
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The joint venture team of KBR, the engineering and construction subsidiary of Halliburton…

ShopKo Enters Merger With Goldner Hawn Johnson & Morrison

ShopKo Stores announced today that it has signed a definitive merger agreement to be acquired by an affiliate of Minneapolis-based private equity investment firm Goldner Hawn Johnson & Morrison.

Hominid Remains Thought To Be Oldest Ever

A 2002 discovery of fossilized skull in the African country Chad is now believed to be the oldest remains of human relative ever found.

Pfizer’s Celebrex Gets New FDA Labeling

Pfizer said it will work with the U.S. Food and Drug Administration (FDA) to add expanded risk information in the Celebrex label following an FDA decision…

Rite Aid Sales Increase

Rite Aid announced that for the four weeks ended March 26, 2005, same store sales rose 1.6 percent over the prior-year period.

Global Economic Growth To Slow Down

According to the World Bank, global economic growth is going to slow down to 3.1% in 2005.

FDA Expands Risk Info On Celebrex Label

The FDA is expanding the risk information on Pfizer’s Celebrex label, and the company plans to have further discussions with the FDA on the matter.

Nortel Invests $10 Million in Sasken

Nortel has invested US$10 million in Sasken Communication Technologies Limited for an undisclosed stake in Sasken’s fully diluted equity, the companies announced today.

Oil Up On Fallen Gas Supplies

Oil prices went up with a report showing that gasoline supplies in the United States have fallen.

ECB Leaves Interest Rates As They Are

With no signs of a strengthening economic recovery, the European Central Bank has decided to leave interest rates as they are.

CA To Buy Concord in All-Cash Transaction

Computer Associates and Concord Communications have signed a definitive agreement for CA to acquire Concord in an all-cash transaction.

Warner Music Gets Third Subpoena From Spitzer

Warner Music Group has gotten another subpoena From New York Attorney General Eliot Spitzer.

MCI Faces Shareholder Criticism

MCI has faced some criticism for its decision to reject an offer from Qwest communications.

goWholesale Provides DollarDays with Higher Conversion Rates and ROI

Vertical search engines such as goWholesale are delivering on the promise of generating higher quality traffic with a better ROI through Pay Per Click advertising.

Dollar General Reports March Results, Settles Accounting Probe

Dollar General reported total retail sales for the March five-week period ended April 1, 2005, equaled $756.2 million compared with $672.9 million last year, an increase of 12.4%.

Discovery Transported To Launch Pad

NASA officially began the last leg of their long walk back to manned space flight yesterday when they transported the Discovery shuttle out to its designated launch pad.

Dell To Reiterate Expectations

Dell executives tomorrow will reiterate expectations for fiscal first-quarter 2006 revenue and earnings per share, as well as the company’s plans to grow from $49 billion to $80 billion in annual sales.

Scotiabank Seeks $600 Million From Argentina
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Scotiabank is seeking more than US$600 million from the Government of the Republic of Argentina under a treaty intended to protect the interests of investors of one country doing business in the other.

Gas Supplies Decrease, Oil Prices Increase

Gas supplies have gotten lower in the United States and as a result, oil prices have gone up.