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FINANCIALS

Thursday, 04 December 2008

Shareholders Flee Fortress

Shareholders Flee Fortress

Stock tanks as publicly held hedge-fund company restricts withdrawals from some of its offerings. Fortress Investment Group pulled up the portcullis on its Drawbridge funds Wednesday, but its stock is under seige.

Source: Forbes

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Friday, 09 January 2009

Boeing plane orders, deliveries fall in 2008

Boeing plane orders, deliveries fall in 2008

PITTSBURGH (AP) - Hurt by a late-year strike and shrinking airline demand, Boeing Co.s passenger jet deliveries fell 15 percent in 2008, ensuring that archrival Airbus retained...

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

Friday, 09 January 2009

ExxonMobil CEO Urges CO2 Tax, Not Cap-And-Trade Law

ExxonMobil CEO Urges CO2 Tax, Not Cap-And-Trade Law

By Ian Talley WASHINGTON -(Dow Jones)- ExxonMobil (XOM) Chief Executive Rex Tillerson on Thursday urged federal lawmakers to consider a carbon tax to reduce greenhouse gas...

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

Friday, 09 January 2009

German govt not nationalising Commerzbank-SPD head

German govt not nationalising Commerzbank-SPD head

BERLIN, Jan 8 (Reuters) - The German government is not nationalising Commerzbank (CBKG.DE) and plans to sell its stake again as soon as possible, the chairman of the ruling Social...

(Source: Reuters)    read more...

Friday, 09 January 2009

Mag Bag: Country Home Shutters

Mag Bag: Country Home Shutters

by Erik Sass, 17 minutes ago The real estate downturn and general recession have claimed another victim in the beleaguered shelter category: Country Home, which Meredith Corp.

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

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