NEWS CATEGORIES
NEWSLETTER
YOUR OPINION
Yes - 9 votes (64%)
FINANCIALS
Thursday,
04 December 2008
Europe’s Central Banks Lower Rates to Fight Recession (Update1)
By Ben Sills Dec. 4 (Bloomberg) -- Europe’s central banks cut interest rates as policy makers stepped up their response to the credit crisis that has pushed the region into a recession.
(Source: Bloomberg) read more...
Thursday,
04 December 2008
Smithfield Climbs After Addressing Credit, Liquidity Concerns
By Choy Leng Yeong Dec. 4 (Bloomberg) -- Smithfield Foods Inc., the world’s biggest pork processor, gained the most in 19 years in New York after saying it cut spending to preserve cash and expects to comply with its credit covenant...
(Source: Bloomberg) read more...
Thursday,
04 December 2008
Black Friday Fails to Stem Sales Drop
By STEPHANIE ROSENBLOOM Most of the nation’s stores kicked off the critical holiday shopping season with double-digit sales declines, portending more price cuts in December and raising questions about the long-term prospects for many...
(Source: New York Times) read more...
Thursday,
04 December 2008
Nokia Aims to Win Market Share as Industry Shrinks (Update2)
By Juho Erkheikki Dec. 4 (Bloomberg) -- Nokia Oyj, the world’s largest maker of mobile phones, aims to win market share next year, saying reduced spending and a push in advanced handsets will help it as the industry shrinks.
(Source: Bloomberg) read more...
Thursday,
04 December 2008
Mortgage rates plummet after Fed action
By Amy Hoak, MarketWatch CHICAGO (MarketWatch) -- Mortgage rates for fixed-rate loans plummeted this week, after the Federal Reserves actions to increase liquidity in the mortgage market, Freddie Macs chief economist said on...
(Source: MarketWatch) read more...
Thursday,
04 December 2008
Bernanke Says US Must Step Up Foreclosure Efforts (Update1)
By Scott Lanman Dec. 4 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke urged using more taxpayer funds for new efforts to prevent home foreclosures, saying the private sector is incapable of coping with the crisis on its own.
(Source: Bloomberg) read more...
Thursday,
04 December 2008
Treasury, Fed could bail out Big 3, GAO says
By Rex Nutting, MarketWatch WASHINGTON (MarketWatch) - Chastened leaders of the US automobile industry returned to Capitol Hill Thursday to press their case for up to $34 billion in emergency loans as senators were told the Treasury...
(Source: MarketWatch) read more...
«1 2 (of 2848) 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 »
- 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