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MANILA, Philippines (AP) - The Philippine government blamed high world oil prices and inflation for disappointing second-quarter growth, the lowest in three years, but the president's spokesman Friday ruled out any major policy changes. 10:28 PM ET More Associated Press News SAN FRANCISCO (MarketWatch) -- Caterpillar Inc. expects 2008 sales and revenue to exceed $50 billion, up from its previous forecast of about $50 billion, according to a disclosure submitted by the company Thursday. The new outlook was released by Chairman and Chief Executive Officer James Owens at a press conference in Beijing, China. At MarketWatch 5:32 PM ET More MarketWatch News Bank of America Corp. has launched a financial-awareness campaign targeting college students. 5:25 PM ET More bizjournals.com News MASS Petroleum Inc. ("MASS") (OTCBB: MASP) is pleased to announce that Mr. Oleg Bilinski has replaced Mr. Gary Chayko as President and CEO of MASS. MASS has accepted the resignation of Gary Chayko as President and CEO and appointed Mr. Bilinski, an existing Director of MASS, to fill the positions. Mr. Chayko's resignation was not due to any disagreement with MASS and Mr. Chayko has accepted a position on MASS's Advisory Board. 8:40 PM ET More Market Wire News Somaxon Pharmaceuticals, Inc. (NASDAQ:SOMX) today announced that Richard Pascoe, the company’s recently named president and chief executive officer, will present a company update at the Thomas 8:08 PM ET More Business Wire News PHOENIX, Aug. 28 /PRNewswire-FirstCall/ -- White Electronic Designs
Corporation (Nasdaq: WEDC) announced today that Hamid R. Shokrgozar has
resigned as Chairman, President, Chief Executive Officer, 10:30 PM ET More PR Newswire News
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Cell phones have long been anathema in the classroom, banned as a potential distraction, at best, and as a possible vehicle for cheating, at worst. But lately, educators have begun changing their tune on mobile phones. 8:00 AM ET More BusinessWeek News According to Bloomberg an “unusually large” order wiped out Rand Refinery’s inventory of South African gold coins called Krugerrands. Rand the world’s largest refinery said the order was from a buyer in Switzerland and was for 5 000 ounces. It will take until September 3rd for the inventories to be replenished. Physical demand for precious metals has risen in the past few weeks. Recently the US Mint suspended sales of one-ounce “American Eagle” gold coins and Johnson Matthey also stopped taking order for 100-ounce silver bars because of this heavy At Minyanville 4:27 PM ET More Minyanville News Qualcomm announced Federal District Court rules on alleged violations of injunction Co announced that the District Court for the Central District of California issued a ruling on Broadcom's motion to 6:39 PM ET More Briefing.com News SPOKANE, Wash., Aug. 28, 2008 (GLOBE NEWSWIRE) -- Ambassadors Group (Nasdaq:EPAX) announces their conference call will be held on October 29, 2008. 7:21 PM ET More GlobeNewswire News
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