76422 results returned for search: "" category "Business"
NEW YORK (Reuters) - A heavy gloom hanging over Wall Street may deepen this week unless such bellwether companies as Apple and United Technologies provide investors with hope that the US economy can avert recession.
A slew of major corporations, also...
DATE: Jan 21, 2008
|
CATEGORY:
Other
|
HOFFMAN ESTATES, Illinois (AP) — Sears Holdings Corp. plans to reorganise into several companies in another bid to pull the ailing 121-year-old retailer out the doldrums, according to a report published on Saturday.
The restructuring could create sep...
DATE: Jan 21, 2008
|
CATEGORY:
Other
|
NEW YORK (Bloomberg) — Sales of existing homes in the US probably fell in December, capping the biggest yearly slump in almost a generation, economists said before a report this week.
Purchases fell one percent last month to a 4.95 million rate, the ...
DATE: Jan 21, 2008
|
CATEGORY:
Other
|
LONDON/NEW DELHI (Reuters) - Virgin Group will try to win over shareholders with a sweetened bid for Northern Rock on the eve of a speech by the British Chancellor to Parliament about the struggling UK bank, an unsourced Sunday Times report said.
Cha...
DATE: Jan 21, 2008
|
CATEGORY:
Other
|
NEW YORK (Reuters) - The Japanese yen and Swiss franc firmed on Friday as a fiscal stimulus package failed to ease US recession fears, prompting investors to shun risky assets such as stocks and higher-yielding currencies.
US President Bush on Friday...
DATE: Jan 21, 2008
|
CATEGORY:
Other
|
LONDON (Reuters) - British consumers are wasting thousands of pounds on useless and expensive insurance policies, consumer group Which? says.
While some insurance policies are must-haves — such as building and contents, life and car insurance — other...
DATE: Jan 21, 2008
|
CATEGORY:
Other
|
NEW YORK (AP) — A downgrade of bond insurer Ambac Financial Group Inc. is likely to have far-reaching effects, making it more difficult for US cities to issue new bonds and forcing further write-downs at financial services companies, analysts say.
Af...
DATE: Jan 21, 2008
|
CATEGORY:
Other
|
Watlington Waterworks Ltd. was the biggest climber on The Royal Gazette Bermuda Stock Exchange Index last week, jumping 7.69 percent.
The utilities company's share price rose from $13 to $14 on the sale of 300 shares over the five days of trading.
Th...
DATE: Jan 21, 2008
|
CATEGORY:
Other
|
The shares of Bermuda insurer and reinsurer XL Capital Ltd. plunged to their lowest level in almost eight years on Friday, after shedding 22 percent of their value in the space of two days.
But having dipped to $39.52 by the time the markets closed o...
DATE: Jan 21, 2008
|
CATEGORY:
Other
|
AUTHOR:
Jonathan Kent
Focus on good news, focus on what you can control. Even with the bad, there is always a thread of good. Capital markets continue their standard deviation swings away from the mean — one minute ramping up based upon news of profits on one stock; then,...
DATE: Jan 19, 2008
|
CATEGORY:
Other
|
