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USATODAY.com Money - Top Stories
Wed, 23 Jul 2008 13:34:30 GMT
Jul 23, 2008 10:18AM
GM sales slip 5% worldwide, but foreign sales limit red ink
Toyota Motor sold 4.8 million vehicles worldwide in the first half of the year, up 2% from the same period a year ago, the Japanese ...
Jul 23, 2008 09:30AM
Second FCC member votes against XM-Sirius deal
A Federal Communications Commission member who sought further concessions in a pending satellite radio buyout withdrew his offer ...
Jul 23, 2008 09:59AM
Finland applies collective effort to electric cars
"eCars Now!" is a Finnish Internet community seeking to apply the collective approach taken by online collaborators like the ...
Jul 23, 2008 07:37AM
AT&T Q2 profit up 30%, meets expectations
AT&T reported second-quarter financial results on Wednesday that contained signs that the weak economy is catching up to its ...
Jul 23, 2008 08:17AM
NY Times profit drops, misses Wall Street forecast
New York Times Co.'s second-quarter earnings fell 82% from a year ago, when it saw a one-time gain from the sale of a unit, but ...
Copyright 2008, USATODAY.com, USA TODAY
MarketWatch.com - Top Stories
Jul 23, 2008 11:31AM
Jul 23, 2008 11:27AM
Bond Report: Treasurys decline as stocks advance, decreasing appeal of debt
Treasurys decline Wednesday, pushing 10-year note yields to their highest levels in a month, as fears about the economy ease in line with oil prices, reducing the appeal of the safety of government debt.
Jul 23, 2008 11:27AM
Currencies: Dollar extends gains against most rivals as crude prices sag
The dollar extends gains against most major counterparts, taking its cue from lower crude-oil futures prices.
Jul 23, 2008 11:22AM
Boeing profit falls 19% on delivery delays, sales mix
Boeing Co.?s second-quarter profit falls 19% as customers opt to buy less-profitable versions of its commercial aircraft, while revenue comes in virtually flat.
Jul 23, 2008 11:22AM
Economic Report: Prices rising even as economy slows, Beige Book finds
The central bank?s latest report on the U.S. economy finds that price pressures are intensifying even as growth has slowed over the past month.
Jul 23, 2008 11:20AM
Sirius-XM deal nears FCC approval, report says
The Federal Communications Commission is close to approving Sirius Satellite Radio Inc.'s acquisition of XM Satellite Radio Holdings Inc., according to a published report.
Copyright 2008, MarketWatch, Inc.
Latest stock market news from Wall Street - CNNMoney.com
Jul 23, 2008 11:08AM
Jul 23, 2008 11:07AM
Stocks churn in afternoon session
Stocks churned Wednesday afternoon as investors weighed lower oil and gasoline prices with a slew of quarterly financial reports.
Jul 23, 2008 09:58AM
Bonds fall as housing bill nears reality
Treasury prices fell Wednesday as legislation aimed at rescuing the ailing housing market neared approval, giving bondholders a reason to venture back into more risky investments.
Jul 22, 2008 05:47PM
Legislation meant to crack down on oil speculators passed a key test vote in the Senate on Tuesday.
Jul 23, 2008 03:36AM
Oil slides below $127 as supply worries ease
Read full story for latest details.
Jul 23, 2008 07:39AM
Dollar hits two-week high vs. euro
The dollar jumped to a two-week high against the euro Wednesday, spurred by falling oil prices and statements from government officials hinting at a strong stance toward inflation.
© 2008 Cable News Network LP, LLLP.
MSNBC.com: Stocks & economy
Wed, 23 Jul 2008 16:24:00 GMT
Jul 23, 2008 09:24AM
Stocks fluctuate as the price of oil slides
Stocks were wavering Wednesday after another drop in oil prices blunted reaction to a mixed set of earnings reports.
Jul 23, 2008 08:06AM
Costco warns profit is ?well below? estimates
Costco Wholesale Corp., which had been one of the few bright spots in retailing, said Wednesday that its earnings will miss Wall Street expectations, as it struggles with higher energy costs that are crimping its bottom line.
Jul 23, 2008 09:18AM
McDonald's swings profit on food sales
McDonald's says it swung to a profit in its second quarter, helped by a gain from selling its interest in a gourmet sandwich chain and strong sales of breakfast items, chicken sandwiches and beverages.
Jul 23, 2008 07:56AM
Bush at private event: ?Wall Street got drunk?
President George W. Bush has an explanation for the housing-market meltdown that has thrown the global economy into turmoil: Wall Street got drunk.
Jul 22, 2008 03:00PM
FDIC chair says more banks in danger of failing
The chairwoman of the FDIC said Tuesday more banks are in danger of failing, and that the government agency expects to raise premiums to restore its reserve fund.
Copyright 2008 msnbc.com
BBC News | Business | UK Edition
Wed, 23 Jul 2008 17:33:53 GMT
Jul 23, 2008 02:43AM
Three-way split on rate decision
The majority of Bank of England policymakers voted to keep rates at 5% this month, but one voted for a cut and another for a rise.
Jul 23, 2008 03:26AM
Mortgage approvals hit fresh low
The number of new mortgages approved by the major banks fell to a new record low in June, and is down 67% on the year.
Jul 23, 2008 08:39AM
Ryanair price error 'to be fixed'
Ryanair says it will fix a fault on its website that means it is breaking rules on price clarity.
Jul 23, 2008 09:48AM
Bush drops veto to housing bill
The White House says President George W Bush has dropped opposition to a housing bill that could boost the US economy.
Jul 23, 2008 10:03AM
Glaxo unveils plan to diversify
Global drugs giant GlaxoSmithKline wants to broaden its product base as it grapples with tough competition from generic drug makers
Copyright: (C) British Broadcasting Corporation, see http://news.bbc.co.uk/1/hi/help/rss/4498287.stm for terms and conditions of reuse
BusinessWeek Online -- Investing
Wed, 23 Jul 2008 13:32:00 EDT
Jul 22, 2008 09:01PM
No Stock Offering for Wachovia…Yet
CEO Steel says he has no plans to issue shares, but analysts say Wachovia may be forced to raise capital as its loan portfolio deteriorates
Jul 23, 2008 10:06AM
Stocks Rise on Positive Earnings, Lower Oil
Better-than-expected profit reports and optimism over legislation that would bolster Fannie Mae and Freddie Mac helped lift equities, as oil prices fall
Jul 22, 2008 09:01PM
Banks Stick with Stadium Sponsorships
While healthy banks can benefit from naming rights, some money-losing firms with expensive deals—like Citigroup—could lose out
Jul 22, 2008 09:01PM
Life Sciences: Positive Results
S&P's top picks among companies that serve the pharmaceutical and biotech industries: Covance and Thermo Fisher Scientific
Jul 23, 2008 07:38AM
S&P Picks and Pans: Fannie Mae, Freddie Mac, Yahoo, WaMu, Pfizer, Travelers, AT&T, Alcatel-Lucent
Analysts' opinions on stocks in the news Wednesday
Copyright 2008, by The McGraw-Hill Companies Inc. All rights reserved.
SmartMoney.com
Jul 23, 2008 11:37AM
Jul 23, 2008 11:21AM
Inflation Clubs Costco, Prompts Profit Warning (One-Day Wonder)
Inflationary pressures crimp the retailer's bottom line, prompt profit warning.
Jul 23, 2008 11:14AM
Noted ETF Investor Reveals Current Favorites (ETF Focus)
Tom Lydon transformed his advisory with ETFs. Here are some of his favorites.
Jul 23, 2008 10:42AM
8 Small-Cap Stocks With Big Growth Potential (Stock Screen)
We found eight up-and-coming companies with plenty to offer growth investors.
Jul 23, 2008 10:37AM
Mixed earnings reports from Dow components and lower energy prices left the major indexes steady.
Jul 23, 2008 09:53AM
Stocks Anticipate News Rather Than React to It (Tradecraft)
Stocks anticipate news rather than react to it. Plus: The carry trade is back.
Copyright 2008 SmartMoney.com, joint venture of Dow Jones & Co. and Hearst Communications, Inc.
Business Newz
Kiplinger.com - Business Fed Not Dumb Enough for a '70s Replay The pain of high energy prices is real and harsh -- but not as difficult as it could be if the Fed tried to soften the blow. You Need to Be in the Game to Win Timing the rebound from a bear market is nearly impossible, so it’s better to get back in now. U.S. Automakers Have Few Options in the Short Run Caught flat-footed by rising gas prices, domestic car manufacturers face several years of tough sledding while they rush to catch up. Chatting up colleagues at the watercooler is so...well...last century. The latest venue? Cyberspace. Where Small Firms Can Get Energy Help Trade groups, nonprofits and local governments are just some of the places small businesses can turn to for help -- even financial help -- in reducing energy costs. All contents copyright 2008 The Kiplinger Washington Editors, Inc.
Yahoo! News: Economy News Jul 23, 2008 10:07AM Oil dips as fuel supplies grow more than expected
(AP)
Jul 23, 2008 08:44AM Many economists see McCain better for stocks: poll
(Reuters)
Jul 23, 2008 07:29AM Paulson: Rescue bill key to solving housing crisis
(AP)
Jul 23, 2008 06:16AM I Ain't Buyin' It
(The Motley Fool)
The Motley Fool - Banks are closing, and unemployment's up. We have record foreclosures and sky-high gas prices. Everywhere we turn, there's gloom and doom -- on the newspapers, the nightly news, radio âEuro¦ every media outlet is full of these stories. Jul 23, 2008 10:07AM Wall St little changed; financials rally fizzles
(Reuters)
Copyright (c) 2008 Yahoo! Inc. All rights reserved.
Forbes.com: Business News Jul 23, 2008 03:00AM Politics, Economy Threaten Asia's Growth Political uncertainty and slowing exports are reminiscent of '90s crisis. Jul 22, 2008 03:45PM Wachovia's devastating second-quarter loss means more trouble for financial sector. Jul 22, 2008 03:35PM The luxury goods company reports a 12.8% increase in first-half fiscal year earnings. Jul 22, 2008 09:00AM The silver screen's leading men collectively banked $487 million over the course of the year. Copyright 2007 Forbes.com LLC
Reuters: Business News Jul 23, 2008 11:32AM Fed Beige Book: Price pressures elevated or rising WASHINGTON (Reuters) - The pace of U.S. economic activity slowed somewhat through mid-July and price pressures were elevated or increasing across the country, the U.S. Federal Reserve said on Wednesday in a report showing evidence of inflation warning signs across the country.
Jul 23, 2008 07:22AM Top drug companies' earnings beat forecasts LONDON (Reuters) - The world's two biggest drugmakers, Pfizer Inc and GlaxoSmithKline Plc , both beat expectations for quarterly earnings on Wednesday, as did Wyeth , indicating the sector's resilience.
Jul 23, 2008 09:36AM Boeing's profit drops but it sticks to outlook NEW YORK (Reuters) - Boeing Co reported a bigger-than-expected 19 percent drop in quarterly profit on Wednesday as it took a charge on a delayed military plane contract and suffered effects of its troubled 787 Dreamliner program.
Jul 23, 2008 11:07AM Dow ticks lower after Fed's Beige Book NEW YORK (Reuters) - The Dow ticked lower and the S&P 500 and the Nasdaq cut gains after the Federal Reserve said in its Beige Book on Wednesday that the pace of economic activity slowed somewhat through mid-July.
Jul 23, 2008 10:26AM Creditors say fraud possible in SemGroup collapse WILMINGTON, Delaware (Reuters) - A group of SemGroup LP creditors on Wednesday raised the prospect that unauthorized energy trading may have caused the $3.2 billion loss that sank the 12th-biggest privately held U.S. company.
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Business Know-How Newsletter. Ideas to market and manage small businesses. Jul 22, 2008 10:00AM 5 Characteristics that Make Great Companies What makes a company stand out among the rest? What makes it the place you'd really like to work or do business? Jim Champy, author of the new book OUTSMART!, outlines five things that all companies aspiring to greatness have in common. Jul 22, 2008 10:00AM The New Bonnie and Clyde Rob Identities, Not Banks Today's criminal couples are more likely to spend their time stealing identities than robbing banks. And even when working alone, identity thieves can do a lot of damage to your bank account in a short amount of time. Find out how they operate so you can protect yourself. Jul 17, 2008 10:00AM Become the Ideal Radio and TV Talk Show Guest You don't have to be a celebrity to appear as a guest on radio and television shows. Really, there aren't enough celebrities to fill the thousands of slots available daily. Producers and hosts need the rest of us. Here are some tips to help you do well during your time on air. Jul 17, 2008 10:00AM 5 Tips for Marketing to Millennials The Millennial Generation was born between 1977 and 1998 and is just beginning to enter the workforce. As with each new generation, the Millennials come with their own set of expectations and abilities. Here are five things you can do to market to this group more effectively. Jul 15, 2008 10:00AM The Best Way to Avoid Discounting Just because your customer asks you for a better price does not mean they expect to get it. But even if you do have to lower your price to get the sale, learning these negotiation strategies will help you cut your losses. Copyright 2008 by Attard Communications, Inc. Business Know-How is a registered trademark of Attard Communications, Inc.
Wed, 23 Jul 2008 13:00:01 GMT
Wed, 23 Jul 2008 16:55:35 GMT
AP - Oil prices headed back lower Wednesday, failing to sustain a brief push into positive territory, after the government reported gasoline supplies rose far more than expected.
Reuters - The U.S. stock market would fare
better in the first year after a victory by Republican
presidential candidate John McCain than by his Democratic rival
Barack Obama, according to a majority of economists at U.S.
banks and research groups polled by Reuters.
AP - Treasury Secretary Henry Paulson said Wednesday that agreement on a sweeping housing rescue bill will send a strong message to investors around the world and will be key to helping the nation turn the corner on the housing crisis.
Reuters - Stocks were little changed on
Wednesday after a rally in financial stocks ran out of steam
while technology shares pared early gains.
Jul 23, 2008 10:40AM
Wed, 23 Jul 2008 14:34:59 -0400