Market Gawk

Gov. Don Carcieri’s administration this week unveiled a report that said it was feasible to build wind farms off the coast of Rhode Island as part of a plan to get 15 percent of the state’s energy from wind in five years.

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Karachi, Pakistan’s most populous city, is abuzz with hard hats and traffic jams, reflecting the South Asian nation’s increased economic activity and its emergence as a hot spot for foreign stock investors.

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- This week we were up by 271 pips in capital gain and received nearly $150 on interest payments - Most of the gains were done on the sterling and in the New Zealand dollar - Some European officials warned that the yen’s value should reflect Japan’s solid economic recovery but last week?s G7 meeting failed to trigger any carry unwind. - The portfolio seems well balanced to face the events in the week ahead and no changes were done in the basket.

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The major newspaper owners struggled with a continued decline in ad revenue during the first quarter.

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Profits are down for the candy maker and investors responded by selling the shares.

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The pharmaceutical giant reported a 12% jump in first-quarter profits.

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The bank’s earnings beat expectations, but the stock fell as competitors seem to have done better.

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Shareholders of Longview Fibre Co. have approved their company’s sale to a Toronto-based asset management company for $2.15 billion.

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Willis Stein & Partners, the Chicago private investment firm that owns Roundy’s Supermarkets Inc. in Milwaukee, has has sold its investment in National Veterinary Associates, the largest private operator of freestanding veterinary hospitals in the United States.

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Fidelity Investments said Thursday that its vice chairman and chief operating officer, Robert Reynolds, will retire.

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