According to Reuters, Nikon is seeing a sharp increase in demand from LCD makers.
Reuters writes that the housing slump will last through 2009 and some home prices will drop 30%.
Reuters reports the Microsoft (MSFT) will double its customer service staff in Asia due to rising demand for its products.
The Wall Street Journal reports that Big Pharma will lose so many patents on key drugs that by 2012 generics will take away $67 billion in annual US sales.
The Wall Street Journal writes that auto loan delinquency rates are up sharply.
The Wall Street Journal writes that the Super Fund designed to buy SIV assets will be much smaller than the $100 billion pool that was planned.
The Wall Street Journal writes that negative comments from Moody’s about shares in MBIA (MBI) caused a sell-off in the company’s shares.
The Wall Street Journal writes that Chrysler will loss $1.6 billion this year.
The Wall Street Journal reports that Microsoft will test a PC for developing countries.
The Wall Street Journal also writes that IBM (IBM) has developed a optical chip which will move more data than past generations of the product.
The Wall Street Journal writes that internet service providers are analyzing customer data in the hope of getting into the online ad business.
The New York Times writes that Costco (COST) same-store sales rose 9%. Analysts had expected 6.6%.
The New York Times reports that Bristol-Myers (BMY) will cut 4,800 jobs.
The New York Times writes that an FDA panel rejected Genentech (DNA) drug Avastin for beast cancer use.
The FT writes that Nokia (NOK) plans to take the lead in handset market share in the US.
The FT reports that hackers are now targeting the Apple (AAPL) Mac
Barron’s writes that Yahoo! (YHOO) shares dropped because of an analyst concerns about it search market share.
Douglas A. McIntyre
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