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Wednesday,
03 December 2008
Sold business boosts Del Monte Foods 2Q profit
AP , 12.03.08, 04:17 PM EST Del Monte Foods Co., which distributes food and pet products, said Wednesday its net income soared due to profit from a business it sold in October and higher prices which boosted sales.
(Source: Forbes) read more...
Wednesday,
03 December 2008
President-elect, key lawmakers criticize governance of bank bailout
By Ronald D. Orol, MarketWatch WASHINGTON (MarketWatch) - President-elect Barack Obama on Wednesday joined key GOP and Democratic lawmakers in calling on Treasury Secretary Henry Paulson to provide more details about how the...
(Source: MarketWatch) read more...
Wednesday,
03 December 2008
Yahoo, CBS Radio to collaborate Silicon Valley / San Jose Business
Yahoo Inc. said Wednesday it reached a deal for CBS Corp. to run its streaming LAUNCHcast service. Sunnyvale-based Yahoo (NASDAQ:YHOO) said LAUNCHcast Radios 150 stations and the about 180 CBS Radio stations will merge early in 2009 and a...
(Source: Bizjournals.com) read more...
Wednesday,
03 December 2008
Harvard Endowment Falls 22%, Poised for Worst Return (Update2)
By Julie Ziegler Dec. 3 (Bloomberg) -- Harvard University’s endowment decreased 22 percent, or $8 billion, in the first four months of fiscal 2009, putting the fund on course to have its worst performance in at least four decades.
(Source: Bloomberg) read more...
Wednesday,
03 December 2008
UPDATE: Builders Soar On Lower Rates, But Pain Persists
By Dawn Wotapka and Aparajita Saha-Bubna NEW YORK -(Dow Jones)- Improved mortgage rates sent shares of home builders higher Wednesday, but no one thinks the residential crisis is over.
(Source: CNNMoney.com) read more...
Wednesday,
03 December 2008
Fed Says Economy Slowed Across US Since Mid-October (Update1)
By Scott Lanman Dec. 3 (Bloomberg) -- The US economy weakened across all regions since the middle of October as it became tougher to get loans and demand for credit shrank, the Federal Reserve said in its regional economic survey.
(Source: Bloomberg) read more...
Wednesday,
03 December 2008
Detroit trio hits the road to the Hill
By Shawn Langlois, MarketWatch SAN FRANCISCO (MarketWatch) -- Its every man for himself as the top three executives from the Detroit automakers prepare to embark on that 10-hour road trip to Washington and lay out their plans for a...
(Source: MarketWatch) read more...
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- State Street to cut up to 1800 jobs
- Vikings react to suspensions of Williams Wall
- Union concessions may improve prospects for auto bailout
- Financial industry pushes for lower mortgage rates
- Adobe issues disappointing outlook, will cut jobs
- Fed paints dreary economic picture
- Neuberger Team Wins Bid for Lehman Unit
- Freeport to Cut 20% of US Staff Amid Metals Rout (Update1)
- French power company in hunt for Constellation
- UBS: More former executives forgo pay, bonuses
- ArcelorMittal May Cut 9000 Jobs Across the World (Update3)
- Black Friday At Toys R Us
- Obama Says Thanksgiving Comes During a ‘Time of Great Trial’
- OPEC Has All Options Open, Including Cut, Libya Says (Update2)
- GM Said to Study Shedding Saturn, Saab, Pontiac to Win US Aid
- Ford Resists Change to Mulallys Pay
- European, Asian stocks higher despite gloomy data
- Town officials wary of casinos alcohol proposal