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DP World shares jump 12.50%

At Nasdaq Dubai, shares of Dubai Ports (DP) World jumped 12.5% on high volumes. Around 17.25m DPW stock tickers were traded. Interior designer Depa Ltd. lost 9.09%. The other 18 Nasdaq Dubai-listed shares remained unchanged.

Nasdaq Dubai: Dubai Gold Securities gain 1.12%

Sharia-compliant Dubai Gold Securities (DGS) closed 1.12% higher as the only gaining stock ticker today. Every DGS unit stands for one tenth of an ounce of gold which physically exists and is based at London’s Bank HSBC. DP World closed unchanged, despite being actively traded (some 5.6m DPW-shares changed hands). Shares of Depa Ltd. also [...]

3M offers 3,600 US employees early retirement (AP) and Fund Growth Through Thick And Thin (Investor’s Business Daily)

MAPLEWOOD, Minn. (AP) — 3M Co. is offering early retirement packages to 3,600 employees, or 11 percent of its U.S. work force, to reduce costs even further amid the economic slowdown. The voluntary buyout offers follow the manufacturer’s recent moves to cut 3,600 jobs, defer merit pay raises and…

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