Archive for July, 2007
Tuesday, July 31st, 2007
Reuters - Remember those unwelcome dinnertime
phone calls from strangers promising the latest in attic
insulation or a holiday for two for the price of one?
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
Reuters - U.S. Treasury Secretary Henry Paulson
brings his overtures for a faster rise in the yuan to Chinese
President Hu Jintao on Wednesday, a day after the Bush
administration warned that anti-China legislation in the U.S.
Congress could provoke a global trade backlash.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
AP - Shoppers took a break in June, boosting their spending at the slowest pace in nine months as high gasoline prices and fallout from the housing slump made people think twice about buying.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
AP - Wall Street resumed its downward skid Tuesday, falling sharply as renewed concerns about soured home loans blew away what had looked like a solid recovery rally. The Dow Jones industrials lost nearly 150 points, while investors seeking safety moved into bonds.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
Reuters - Rupert Murdoch is set to achieve his
decades-long dream of running the venerable Wall Street Journal
after Dow Jones & Co Inc.'s board agreed to News Corp's $5
billion buyout bid on Tuesday.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
Reuters - Google Inc.
is looking to find more links between the searches its users do
in order to better target advertising, but the company is
reluctant to go much further than that in tracking their
behavior.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
AP - Shoppers took a break in June, boosting their spending at the slowest pace in nine months as high gasoline prices and fallout from the housing slump made people think twice about buying.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
AP - Wall Street resumed its downward skid Tuesday, falling sharply as renewed concerns about soured home loans blew away what had looked like a solid recovery rally. The Dow Jones industrials lost nearly 150 points, while investors seeking safety moved into bonds.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
Reuters - American Home Mortgage Investment Corp
said on Tuesday it can no longer fund home loans and
may liquidate assets, putting its survival in doubt and sending
its shares plummeting 90 percent.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
Reuters - Stocks tumbled on Tuesday as worries
about the deteriorating credit market resurfaced with news of
another mortgage lending casualty.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
Reuters - General Motors Corp. on Tuesday
said it swung to a quarterly profit that trounced Wall Street
estimates as it benefited from cost-cutting and growing sales
overseas, sending its shares higher.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
FT.com - Strong interim results at Lloyds TSB and relief that GlaxoSmithKline was cleared to keep a key drug on sale in US markets helped London traders throw off the bears on Tuesday.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
Reuters - RadioShack Corp. reported a
better-than-expected second-quarter profit on Monday on cost
cutting but sales missed estimates, sending shares of the
consumer electronics retailer tumbling about 13 percent.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
AP - Shoppers took a break in June, boosting their spending at the slowest pace in nine months as high gasoline prices and fallout from the housing slump made people think twice about buying.
Posted in Syndication | No Comments »
Tuesday, July 31st, 2007
Reuters - The Federal Communications
Commission voted to shake up the wireless market on Tuesday by
approving rules for a big airwaves auction that would require
the winner to make them accessible to any cell phone or other
device.
Posted in Syndication | No Comments »