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MSNBC:
The stock market lost ground for a third straight day as investors grew uneasy about a rising dollar and spiking demand for the safest government debt. (Read More)
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business
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Wall Street Journal:
Jack Welch weighs in on a 4th-and-goal call and analysts marvel at Amazon's eye-popping rise.
. (Read More)
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business
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Wall Street Journal:
MADRID (MarketWatch) -- Italian automaker Fiat was cut to neutral from buy on Friday at UBS, which said it sees lower equity value for Chrysler. UBS said it continues to see value in Fiat as an agent of transformational change and not owning it is akin to a "risky bet against structural change in European autos." UBS said (Read More)
Topics:
business,
operations
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Wall Street Journal:
Sounds like Pfizer’s pushing further into the generic drugs business.New agreements between Pfizer and Aurobindo of India could be coming in the next month or two, Dow Jones Newswires reports this morning, citing execs from both companies who say something’s in the works. The companies already have a deal that allows Pfizer (Read More)
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business
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www.msnbc.msn.com:
Not long ago, low-interest student loans were easy to come by. But the downturn and ensuing credit crunch put an end to that. Consumer advocates see nothing wrong with schools that offer to help finance their students' educations. It's rates as much as 10 percent higher than federal student-loan rates that have them worried (Read More)
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New York Times:
Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, the 124th bank to fail this year.
. (Read More)
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business
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New York Times:
Ben S. Bernanke’s nomination to a second term as Federal Reserve chairman will be the subject of a Senate Banking Committee hearing next month.
. (Read More)
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business
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New York Times:
United Parcel Service will increase ground-shipment rates in 2010 by 4.9 percent, less than this year, as volume drops.
. (Read More)
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business
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New York Times:
The J. M. Smucker Company nearly tripled its profit in the second quarter as the addition of Folgers coffee improved its lineup.
. (Read More)
Topics:
business
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New York Times:
The home builder D. R. Horton said that its quarterly loss narrowed despite a decline in revenue as its inventory write-down costs fell.
. (Read More)
Topics:
business
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Clips
MSNBC.com: Stocks & economy:
Stocks are set to continue their slide when the market opens Friday as the dollar strengthens further, and after a week of mixed economic reports. Futures are lower.
Business - Investing - Commodities and Futures - Stocks and Bonds - Advisory Services. (Read More)
Topics:
business
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MSNBC.com: Stocks & economy:
It is time to withdraw some of the policy measures that supported the financial system through the credit crunch, ECB President Jean-Claude Trichet says.
European Central Bank - Jean-Claude Trichet - Business - Financial Services - Banking Services. (Read More)
Topics:
business
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MSNBC.com: Stocks & economy:
J.M. Smucker Co.'s acquisition of Folgers Coffee Co. continues to pay off for the jam maker, helping to more than double its fiscal second-quarter profit, as consumers continue to turn to the company's well-known brands and eat at home more during the recession.
J.M. Smucker Co - Folgers - Beverages - Business - Food. (Read More)
Topics:
business
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Wall Street Journal:
AOL plans to cut about 2,500 employees as the struggling Internet company attempts to resurrect its business after it spins off from Time Warner. (Read More)
Topics:
business
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Jul 14, 2008
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