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| Business Headlines |
| Stocks end mixed following jobs, services data
(AP)
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| AP - Wall Street capped a shortened trading week with a mixed finish Thursday after some uneven economic data: news of a contraction in the nation's services sector and a tame reading on employment. But stocks still had their third dismal week in a row, with the major indexes again posting losses as worries about rising oil prices and the fallout from the credit crisis dogged the market.
-- read full article |
| Thu, 03 Jul 2008 21:23:28 GMT - Yahoo! News: Business |
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| Merrill considers Bloomberg, BlackRock sales: report
(Reuters)
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| Reuters - Merrill Lynch & Co is moving closer to
selling stakes in financial firm BlackRock Inc and
information provider Bloomberg LP in an effort to raise cash to
make up for $6 billion in coming write-downs, the Wall Street
Journal said Monday citing people familiar with the matter. -- read full article |
| Mon, 07 Jul 2008 06:22:29 GMT - Yahoo! News: Business |
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| Buyout spats bruise many, damage trust
(Reuters)
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| Reuters - Spats over the last
remaining leveraged takeovers forged during the private equity
boom have mostly been resolved, but Wall Street banks, buyout
firms and the companies they target have been left more than a
little bruised.
-- read full article |
| Mon, 07 Jul 2008 04:00:26 GMT - Yahoo! News: Business |
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| China premier: Continue inflation fight
(AP)
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| AP - China's premier called for continued vigilance against inflation that has reached 12-year highs, saying the government should ensure that price increases are "acceptable," a state-run news agency reported Sunday. -- read full article |
| Sun, 06 Jul 2008 16:10:28 GMT - Yahoo! News: Business |
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| Is capitulation on the cards?
(Reuters)
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| Reuters - Profit warnings, breaches of key index
levels, record oil prices, stressed consumers and investors
seeking safety provide the background for markets this week,
and many people are wondering how long this will all last.
-- read full article |
| Sun, 06 Jul 2008 15:04:35 GMT - Yahoo! News: Business |
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| Hyundai cuts, Kia lifts domestic sales target
(Reuters)
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| Reuters - Hyundai Motor Co (005480.KS), South
Korea's top auto maker, said on Sunday it had cut its local
sales target for this year by 6 percent as record-breaking oil
prices are hitting consumer sentiment in Asia's fourth-largest
economy. -- read full article |
| Sun, 06 Jul 2008 05:35:13 GMT - Yahoo! News: Business |
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| Alabama likely site of new VW plant: paper
(Reuters)
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| Reuters - The U.S. State of Alabama will be the
likely home of a new Volkswagen manufacturing plant,
beating two other states, German industry newsletter
Automobilwoche said on Saturday, citing senior company sources. -- read full article |
| Sat, 05 Jul 2008 13:13:45 GMT - Yahoo! News: Business |
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| Postbank sale may fail over target price: report
(Reuters)
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| Reuters - The sale of Germany's biggest retail
bank Deutsche Postbank could fail because the price potential
bidders are willing to pay does not meet the expectations of
the lender's parent, Deutsche Post, a German magazine reported
on Saturday.
-- read full article |
| Sat, 05 Jul 2008 17:02:52 GMT - Yahoo! News: Business |
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