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| Business Headlines |
| Ospraie fund to close after August hit
(Reuters)
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| Reuters - Hedge fund manager Ospraie Management
LLC will close its flagship fund after it plunged 27 percent in
August on losses in energy, mining and natural resources equity
holdings, in one of the biggest ever closures of a
commodities-focused hedge fund. -- read full article |
| Wed, 03 Sep 2008 08:29:44 GMT - Yahoo! News: Business |
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| Retailers slash prices, but at what cost?
(AP)
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| AP - In a bid to pull hesitant shoppers into their stores, retailers are slashing prices on everything from jeans to dinnerware. But those fat discounts will likely come at a big cost for the companies. -- read full article |
| Tue, 02 Sep 2008 18:48:38 GMT - Yahoo! News: Business |
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| Stocks end lower on personal income data
(AP)
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| AP - Wall Street tumbled Friday after the government said personal incomes fell last month by the largest amount in nearly three years while consumer spending slowed. The Dow Jones industrial average more than 170 points, while a disappointing profit report from computer maker Dell Inc. weighed on the technology-heavy Nasdaq composite index. -- read full article |
| Fri, 29 Aug 2008 21:22:13 GMT - Yahoo! News: Business |
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| Nasdaq, S&P 500 drop as rally fizzles
(Reuters)
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| Reuters - The Nasdaq composite and the S&P 500
indexes fell on Tuesday as a sharp slide in oil prices hit
shares of energy companies, including Exxon Mobil ,
while a drop in Apple Inc punctured an earlier rally
in large-cap technology shares.
-- read full article |
| Tue, 02 Sep 2008 18:10:56 GMT - Yahoo! News: Business |
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| KDB confirms Lehman talks; Korea bank shares fall
(Reuters)
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| Reuters - State-owned Korea Development Bank (KDB)
confirmed on Tuesday it was in talks with Lehman Brothers
over a possible joint investment in the U.S. bank with
other Korean banks, sending Lehman shares higher but depressing
local bank shares.
-- read full article |
| Tue, 02 Sep 2008 15:01:28 GMT - Yahoo! News: Business |
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| Alcatel-Lucent names new management
(Reuters)
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| Reuters - Alcatel-Lucent named its new
top management on Tuesday as Philippe Camus, a former key
executive at planemaker Airbus's parent EADS , and Ben
Verwaayen, the former head of British Telecom .
-- read full article |
| Tue, 02 Sep 2008 06:12:40 GMT - Yahoo! News: Business |
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| On first scan, little oil damage seen from Gustav
(Reuters)
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| Reuters - Several major U.S. refiners said early
checks on Monday showed their facilities were unharmed by
Hurricane Gustav, but at least two others were said to be
considering dipping into the U.S. Strategic Petroleum Reserve
to keep operations going after the storm shut down key
waterways.
-- read full article |
| Tue, 02 Sep 2008 05:31:44 GMT - Yahoo! News: Business |
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| P&G SEC filing confirms antitrust probes
(AP)
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| AP - Authorities in the United Kingdom are investigating potential antitrust violations involving an unnamed Procter & Gamble Co. subsidiary, the consumer products company said Thursday in a Securities and Exchange Commission filing. -- read full article |
| Fri, 29 Aug 2008 01:25:21 GMT - Yahoo! News: Business |
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