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FINANCIALS

Thursday, 20 November 2008

Oil Falls to 22-Month Low on US Supply Gain, Fuel Demand Drop

Oil Falls to  22-Month Low on US Supply Gain, Fuel Demand Drop

By Mark Shenk Nov. 19 (Bloomberg) -- Crude oil futures fell to a 22-month low after a US government report showed that inventories climbed more than forecast as fuel demand dropped.

Source: Bloomberg

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Friday, 09 January 2009

10 Ford Fusion to get 34 mpg highway

10 Ford Fusion to get 34 mpg highway

By BRENT SNAVELY • FREE PRESS BUSINESS WRITER • January 9, 2009 Ford Motor Co. announced today that a 4-cylinder version of its 2010 Ford Fusion has been certified by the government...

(Source: Detroit Free Press)    read more...

Friday, 09 January 2009

Lacker Says Fed Loan Programs ‘Fraught With Risks’

Lacker Says Fed Loan Programs ‘Fraught With Risks’

By Craig Torres Jan. 9 (Bloomberg) -- Richmond Federal Reserve Bank President Jeffrey Lacker warned that the central bank should avoid using its balance sheet to finance a fiscal...

(Source: Bloomberg)    read more...

Friday, 09 January 2009

RR Donnelley Cuts 2008 Forecast, Withholds 09 Outlook

RR Donnelley Cuts 2008 Forecast, Withholds 09 Outlook

NEW YORK (Dow Jones) -- RR Donnelley & Sons cut its 2008 earnings guidance Friday, blaming an unpredictable business environment, and said it wont provide any guidance...

(Source: CNNMoney.com)    read more...

Friday, 09 January 2009

Boston hedge fund shuttering after Madoff bet

Boston hedge fund shuttering after Madoff bet

BOSTON (Reuters) - Hedge-fund firm GMB Capital Management, run by a Massachusetts Institute of Technology professor, is shutting a fund after losing more than $50 million on bad...

(Source: Reuters)    read more...

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