| The artist Navin Rawanchaikul's call for Navins of the world to unite
The project got started when he was one of several artists commissioned to create works for a cultural program on "diaspora" presented at the 2006 annual joint meeting of the World Bank and International Monetary Fund in Singapore. While the other artists focused on ethnic identity, Rawanchaikul's approach to the notion of diaspora was decidedly arbitrary, making implicit fun of a theme that has become a penchant among curators, museums and funding sources like American foundations. Rawanchaikul said the show is also meant to reach beyond the cloistered art world to engage reality at large - embodied by the myriad Navins, Nevins, Nevilles and others out there - in accordance with a tongue-in-cheek philosophy he dubs "nominalism," i.e., willful affiliation by name. So far he and his team of collaborators have tapped Google, telephone directories and word-of-mouth referrals to uncover such unlikely Navins as a sumo wrestler, an author of Harlequin romance novels and two gay brothers who lead a Chicago pop band.
American Stock Exchange Lists the Common Stock of Chyron Corporation
NEW YORK, Oct. 3 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of Chyron Corporation under the ticker symbol CGS. Chyron Corporation develops, manufactures, markets and supports hardware and software products that enhance the presentation of live and pre-recorded video, audio and other data and that provide workflow and asset management solutions for broadcast operations. The Company also offers a full range of video graphics products that address the emerging opportunities in the high growth video and digital displays markets. "We are pleased to welcome Chyron Corporation to the American Stock Exchange," said Neal Wolkoff, Chairman and CEO of Amex. "We look forward to working with Chyron and providing them with the services and tools needed to succeed and grow in today's market." Michael Wellesley-Wesley, President and CEO said, "We are pleased to have listed on the American Stock Exchange.
Xbox digs into Microsoft's coffers
Microsoft on Thursday reported second-quarter profits in line with Wall Street estimates but revenue came in slightly less than expected amid component shortages for the Xbox 360. The software maker said it made a profit of $3.65bn, or 34 cents per share, on revenue of $11.83bn, for the three months ended 31 December. Profits were boosted by a tax benefit that amounted to about a penny per share. That compares with profits of $3.46bn, or 32 cents per share, on revenue of $10.82bn for the same quarter a year ago. Analysts had anticipated profits of 33 cents per share on revenue of $11.96bn, according to First Call. Microsoft said in October to expect revenue of $11.9bn to $12bn and per-share profits of 32 cents or 33 cents. Shares in the company rose slightly in after-hours trading, changing hands recently at $26.93, up 43 cents, or 1.6 per cent from Thursday's closing price.
TD Ameritrade Profit Rises on Trading Activity
TD Ameritrade Holding said Thursday its first-quarter profit rose 65 percent, as trading activity and client assets rose, prompting the brokerage to boost its 2008 profit forecast despite signs the U.S. economy is weakening. "We do expect a pullback, but we do not expect to go into a recession," Chief Executive Joe Moglia told an investor call. It boosted its fiscal 2008 net income guidance to a range of $1.23 to $1.41 a share from $1.15 to $1.39. Analysts on average expected TD Ameritrade to earn $1.36 this year, according to Reuters Estimates. .
Resources underpin shares
On Monday, the Dow Jones industrial average shed 101.05 points to 13,264.82, the Standard & Poor's 500 Index fell 10.13 points to 1468.36 and the Nasdaq dipped 22.18 points to 2652.28. Locally, the big diversified miners were higher. BHP Billiton had found 16 cents to $40.30, while its takeover target Rio Tinto gained five cents to $134.00. The banking sector was mixed. ANZ had gained 11 cents to $27.57, Commonwealth Bank had shed 30 cents to $58.80 and the National Australia Bank had dipped 31 cents to $37.48. Westpac closed 14 cents stronger to $28.06 on news the bank has opened a branch in Shanghai after Chinese regulators approved its application for a financial licence. The retailers were also mixed. Woolworths had edged one cent higher to $34.00, Coles owner Wesfarmers had found 25 cents to $40.75, Harvey Norman had dropped 12 cents to $6.68 and up-market department store chain David Jones had lost two cents to $5.49.
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