The arrival of a new CEO in October is seen by someinvestors as a potential inflexion point for the

“The arrival of a new CEO in October is seen by someinvestors as a potential inflexion point for the shares,” saidRBS’s Hardwick. It said sucralose traded above its expectations but demandfor industrial starches had been weak. Investec analyst Martin Deboo reiterated his ‘buy’ ratingand 350 pence price target, saying the update was “reassuring”. Tate & Lyle said first-quarter pretax profit from continuingoperations before exceptional items would be in line with thecomparative period in 2008. The company also said it expects a satisfactory performancein the second quarter, although the results are not expected tomatch those of the same period in 2008, which benefited from apeak in commodity prices. The company said demand from food and beverage customers wasstable and profits from value-added ingredients had continued togrow. The measures included more than six hundred jobs being axedacross the world, equivalent to around 10 percent of itsworkforce.

In addition, the company shut down some plants andinitiated a pay freeze at all levels along with a “wide-rangingreview of discretionary expenditure”. Tate & Lyle, which makes sucralose sweetener Splenda, hadundertaken a range of cost reduction initiatives in response to”challenging and unpredictable” market conditions. Tate & Lyle, once the world’s biggest sugar refiner, said,although its outlook was unclear in the short term, it had madea better-than-anticipated start to the year with demand fromfood and beverage customers remaining resilient. “The encouraging start to the year should support theshares, particularly given the modest valuation,” said RBSanalyst Julian Hardwick. Shares in the company, which have fallen over 20 percentduring the last year on the back of two profit warnings, were up8.8 percent to 339 pence at 1015 GMT. The text of this Moody’s Investor Service ratingis available at .

* Expects Q2 pretax profit below same period last year * Sucralose trading above expectations * Demand from food, beverage customers resilient * Shares up 9 percent(Adds details on cost cutting, updated shares) By Matt Scuffham LONDON, July 23 (Reuters) – British sugar refiner andsweetener maker Tate & Lyle (TATE.L) said on Thursday first-quarter pretax profit was ahead of its expectations as itreaped the benefits from a series of cost cutting measures. Reuters has stopped distributing the full text of Moody’sInvestors Service press releases on ratings actions, effectiveApril 1, 2009. Asian Markets(Reporting by Ryan Vlastelica; Editing by Theodore d’Afflisio) Asian Markets. Rosenberg, executive vicepresident, general counsel and corporate secretary of Qualcomm.”However, thedecision appears to have ignored or discounted evidence presented by Qualcommand its Korean customers that demonstrates that Qualcomm’s business practicesin Korea have been lawful, highly beneficial to its customers and the Koreanwireless industry, and pro-competitive.”"We are very proud of the long-standing, mutually-beneficial relationshipsthat we have enjoyed with the Korean wireless industry. Additional discussion of these and other risk factors affecting thecompany’s business and prospects is contained in the company’s periodic filingswith the SEC. Sky Petroleum, Inc.Investor and Public Relations, Copyright Business Wire 2009. NEW YORK (Reuters) – Shares of Medarex Inc MEDX.O soared 89 percent to $15.89 in premarket trading on Thursday, after Bristol-Myers (BMY.N) agreed to pay $2.4 billion to acquire the company.

For additional information please visit HarborExcept for historical information, the matters set forth herein, which areforward-looking statements, involve certain risks and uncertainties that couldcause actual results to differ. About Sky PetroleumSky Petroleum (OTCBB: SKPI) is an oil and gas exploration company. SkyPetroleum’s primary focus is to seek opportunities where discoveries can beappraised rapidly, and developments can be advanced either by accessing existinginfrastructure, or by applying the extensive experience of establishedjoint-venture partners. In addition, the company also plans some higher risk,higher reward exploration prospects.

The K2-ST4 well production rate continues tofluctuate, indicating the well is not fully stable. In the first quarter of 2009 the H2 well was shut in during the last week ofFebruary through the end of the second quarter in order to insert a replacementtubing plug. Crescent Petroleum Company International Limited, the operator ofthe Mubarek Field, informed the company that the initial operation to replacethe tubing plug failed and it expects that a second operation will take placeduring the third quarter. (OTCBB: SKPI), an oil and gas company, today reported thatduring the second quarter ending June 30, 2009, Mubarek production from theK2-ST4 well totaled 22,079 barrels of oil or 243 bopd. And we’re looking at what’s happened here and we’re looking if anything needs to be changed and if it does we’ll change it,” he added.Militants have been targeting luxury hotels the past several years, including in Mumbai last November as well as in Pakistan, Afghanistan, Iraq, Jordan and Egypt.(Editing by Bill Tarrant) World Indonesia.