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FINANCIALS

Thursday, 28 August 2008

Orders for Manufactured Goods Beat Forecasts

Orders for Manufactured Goods Beat Forecasts

By CATHERINE RAMPELL Orders for durable goods, which is considered an indicator of future manufacturing activity, topped analyst predictions in July and recorded its third consecutive monthly increase.

Source: New York Times

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Thursday, 20 November 2008

Barnes & Noble swings to 3Q loss

Barnes & Noble swings to 3Q loss

PORTLAND, Ore. (AP) - Barnes & Noble Inc. reported a larger-than-expected quarterly loss Thursday on significant drops in traffic and consumer spending at its stores.

(Source: The Associated Press)    read more...

Thursday, 20 November 2008

AstraZeneca Cuts 1400 Jobs, Fends Off Pulmicort Copy (Update2)

AstraZeneca Cuts 1400 Jobs, Fends Off Pulmicort Copy (Update2)

By Trista Kelley Nov. 20 (Bloomberg) -- AstraZeneca Plc will eliminate 1400 jobs and close plants in Europe as the UKs second-largest drugmaker expands cost-cutting measures...

(Source: Bloomberg)    read more...

Thursday, 20 November 2008

Europes Uphill Battle

Europes Uphill Battle

Stocks slump as the downturn hits major companies like Rolls Royce and Air France-KLM. European stocks closed lower Thursday, as another heavy round of layoffs were unveiled and...

(Source: Forbes)    read more...

Thursday, 20 November 2008

Dollar Falls on Bets Auto Bailout Plan to Reduce Refuge Demand

Dollar Falls on Bets Auto Bailout Plan to Reduce Refuge Demand

By Jamie McGee and Ye Xie Nov. 20 (Bloomberg) -- The dollar fell against the euro as traders bet that a Senate plan to bail out automakers reduced demand for the safety of US assets.

(Source: Bloomberg)    read more...

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