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Stock News

KSE records highest weekly gains RECORDER REVIEWKARACHI (March 14 2005): The Karachi Stock Exchange (KSE) last week (Business Recorder)
KARACHI (March 14 2005): The Karachi Stock Exchange (KSE) last week recorded its highest weekly gains where the index for the 19th week running spurted on the back of smart rallies in PTCL and OGDC, the main drivers of the market, where daily average turnover was quite healthy indicating presence of some seasoned investors.

Summus Announces One-For-Ten Reverse Stock Split (Market Wire via Yahoo! Finance)
Summus, Inc., a leading provider of mobile media applications that optimize the consumer wireless experience, announced today that it has completed all of the necessary filings to effect a one-for-ten reverse stock split of its common stock.

North West Company Fund Reports 2004 Fourth Quarter Earnings And Declares A Distribution (Business Wire via Yahoo! Finance)
North West Company Fund today reported 2004 fourth quarter earnings for the period ended January 29, 2005 and declared a quarterly cash distribution of $0.47 per unit to unitholders of record on March 31, 2005, distributable by April 15, 2005.

Dynetek reports 2004 fourth quarter and year end results (PR Newswire via Yahoo! Finance)
Dynetek Industries Ltd. , a leader in the design, manufacturing and marketing of proprietary fuel storage cylinders and systems for compressed natural gasand hydrogen, today reported results for the three-months and the year ended December 31, 2004.

European Stocks End Higher (Associated Press via Yahoo! Finance)
European shares edged higher Tuesday with Swiss drugmaker Roche in the lead after a cancer drug it jointly developed with Genentech showed promise in trials.

Updates, advisories and surprises (Investors.com)
Alpha Natural swings to Q4 profit (8:48 PM ET) SAN FRANCISCO (MarketWatch) -- Alpha Natural Resources(ANR)late Tuesday reported a fourth-quarter pro forma profit of $1.3 million, or 2 cents a share. Last year, it posted a loss of $3 million, or 5 cents a share.

Globe-Trotting With ETFs (Forbes)
Momentum buyers take note: These exchange-traded country funds will hitch your portfolio to leading stock markets in five continents.

Martinrea International Inc.-Releases December 31, 2004 Annual Results: Growing an International Automotive Parts (The Auto Channel)
TORONTO--March 14, 2005--Martinrea International Inc.,(TSX:MRE) a leader in the production of quality metal parts, assemblies and modules and fluid management systems focused primarily on the automotive sector, announced today the release of its financial results for the fiscal year ended December 31, 2004 and its fourth quarter ended December 31, 2004. Revenues for the year ended December 31,


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