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Thursday,
20 November 2008

Nissans Ghosn Says Hes Not Seeking More Alliances (Update2)

Nissans Ghosn Says Hes Not Seeking More Alliances (Update2)

By Alan Ohnsman Nov. 19 (Bloomberg) -- Nissan Motor Co. Chief Executive Officer Carlos Ghosn said hes not pursuing any additional industry alliances because of the instability created by the global financial crisis.

(Source: Bloomberg)    read more...

Thursday,
20 November 2008

Citi shares in record slump, CDS spreads widen

Citi shares in record slump, CDS spreads widen

By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) -- Citigroup Inc. shares slumped a record 23% Wednesday and credit-default swap spreads on its debt widened after the bank took on more than $17 billion in assets from structured...

(Source: MarketWatch)    read more...

Thursday,
20 November 2008

EHarmony to offer same-sex matches after New Jersey settlement

EHarmony to offer same-sex matches after New Jersey settlement

The Pasadena-based dating website, heavily promoted by Christian evangelical leaders when it was founded, has agreed in a civil rights settlement to give up its heterosexuals-only policy and offer same-sex matches.

(Source: Los Angeles Times)    read more...

Thursday,
20 November 2008

WRAPUP 3-US consumer prices, home starts plunge in October

WRAPUP 3-US consumer prices, home starts plunge in October

By Glenn Somerville WASHINGTON, Nov 19 (Reuters) - US consumer prices fell at a record pace in October and new-home building slumped to fresh lows, according to government reports on Wednesday that suggested the economy likely is already...

(Source: Reuters)    read more...

Thursday,
20 November 2008

Yahoo Investors Lose Sight Of Companys Cash Holdings

Yahoo Investors Lose Sight Of Companys Cash Holdings

SAN FRANCISCO -(Dow Jones)- Investors in Yahoo Inc. (YHOO) have grown so discouraged trying to figure out what the struggling Internet giants operations are worth, they appear to have lost sight of the parts of the company they can value:...

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

Thursday,
20 November 2008

WRAPUP 1-Fed signals ready to cut rates amid glum outlook

WRAPUP 1-Fed signals ready to cut rates amid glum outlook

By Mark Felsenthal WASHINGTON, Nov 19 (Reuters) - Federal Reserve officials have pared their outlook for economic growth through 2009 to minimal levels and are prepared to cut interest rates further, while concern has risen that a...

(Source: Reuters)    read more...

Wednesday,
19 November 2008

Mentor reports Q3 lower sales, bigger loss

Mentor reports Q3 lower sales, bigger loss

Mentor Graphics Corp. reported third-quarter revenue that was within last week’s revised guidance, and a steeper loss. Third-quarter revenue was $184.9 million, and Mentor (NASDAQ: MENT) lost $78.2 million, or 85 cents per share.

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

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