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Wednesday,
19 November 2008

Ahead of the Bell: Consumer Prices

Ahead of the Bell: Consumer Prices

AP , 11.19.08, 06:15 AM EST Economists expect that consumer prices, which were pushed higher by record oil prices earlier in the year, retreated by a sizable amount in October.

(Source: Forbes)    read more...

Wednesday,
19 November 2008

Food Recall: Lean Cuisine Chicken Meals

Food Recall: Lean Cuisine Chicken Meals

Oops! Nestlé did it again. In July, Nestlé recalled some Lean Pockets for having plastic bits in them, and now the company has announced it is recalling 879565 pounds of Lean Cuisine frozen chicken meals for the same reason.

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

Wednesday,
19 November 2008

Mexican tycoon Salinas sets eyes on Circuit City

Mexican tycoon Salinas sets eyes on Circuit City

MEXICO CITY (Reuters) - Mexican retail and media tycoon Ricardo Salinas Pliego owns 28 percent of Circuit City and could buy more of the troubled US electronics chain, a Salinas spokesman said on Tuesday.

(Source: Reuters)    read more...

Wednesday,
19 November 2008

Neptune Orient to Cut 9 Percent of Jobs Amid Slowdown (Update4)

Neptune Orient to Cut 9 Percent of Jobs Amid Slowdown (Update4)

By Jean Chua and Chan Sue Ling Nov. 19 (Bloomberg) -- Neptune Orient Lines Ltd., Southeast Asias biggest container carrier, will cut about 1000 jobs, or 9.1 percent of its workforce, as the global recession saps sea- cargo demand.

(Source: Bloomberg)    read more...

Wednesday,
19 November 2008

Asian Stocks Fall for Third Day; Financial Companies Lead Drop

Asian Stocks Fall for Third Day; Financial Companies Lead Drop

By Kyung Bok Cho and Chua Kong Ho Nov. 19 (Bloomberg) -- Asian stocks fell for a third day, led by financial companies and commodity producers, as Sumitomo Mitsui Financial Group Inc. planned to raise cash and Oz Minerals Ltd.

(Source: Bloomberg)    read more...

Wednesday,
19 November 2008

InBevs Long-Brewing Bud Deal Complete

InBevs Long-Brewing Bud Deal Complete

This rounds on InBev. Despite butting heads with Buds board and difficult credit conditions that threatened to scrap the deal, the Belgian company completed its acquisition of St.

(Source: Forbes)    read more...

Wednesday,
19 November 2008

DM bucks trend, sees increase in home sale prices

DM bucks trend, sees increase in home sale prices

By DONNELLE ELLER • deller@dmreg.com • November 19, 2008 The Des Moines metropolitan area was one of 28 areas nationwide to see its median home sale prices climb in the third quarter, squeaking 1 percent higher to $155400, a National...

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

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