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Investors Start Adding to Equities Investing Investors have tentatively moved back into equities in February, but still hold high levels of cash with which to make more aggressive plays when the direction of the global economy becomes clearer. Reuters surveys of 45 leading investment houses in the United States, Japan, Continental Europe and Britain showed Thursday that the U.S....
Post Date:02/29/2008 16:32:53
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Northrop Grumman, EADS, Awarded $40B Tanker Contract From Air Force Northrop Grumman Corp. and European Aeronautic Defence & Space Co. have been awarded the Air Force's $40-billion contract for aerial refueling tankers, according to a media report late Friday. Under the contract, the Northrop-led team will build up to 179 tankers based on the Airbus A330 jetliner, the Wall Street Journal reported on its Web site, citing a person familiar with the matter....
Post Date:02/29/2008 15:50:50
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Stocks Sink Amid Economic Worries Stocks fell sharply Friday after a series of depressing economic and earnings reports and high oil prices stoked concerns about the health of economy. The major stock indexes fell more than 2 percent, with the Dow Jones industrials at times giving up more than 300 points....
Post Date:02/29/2008 15:50:50
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Microsoft Drops Vista Price to Boost Sales amid Lawsuit ...
Post Date:02/29/2008 10:37:13
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Budget Debate Offers Preview of Fall Election Campaign WASHINGTON (UPI) -- Next month's budget debate in the Senate will likely shape the U.S. presidential campaign, political analysts said. The Politico reported Thursday that lawmakers' spending decisions will likely set the stage for the general election presidential campaign....
Post Date:02/29/2008 10:37:12
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Clinton, Obama Campaigns Pull in $85 Million Barack Obama and Hillary Clinton raised the fundraising roof in February, as the two U.S. presidential candidates reportedly collected a combined $85 million. Fundraising for the rookie Illinois senator apparently outpaced collections for Clinton, The New York Times reported Friday....
Post Date:02/29/2008 10:37:11
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Price of Oil Above $100 Energy experts link the rise in oil prices to the decline of the dollar against the euro. Oil futures shot to a new high Thursday as the dollar continued its downward slide against the euro. Light, sweet crude for April delivery climbed $2.95 on the New York Mercantile Exchange, settling at $102.59 for the first time....
Post Date:02/29/2008 10:26:07
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Poll: McCain and Obama Pull Ahead in Texas Race Democratic presidential contender Barack Obama appears to be consolidating a lead over Hillary Rodham Clinton among most constituent groups in Texas except Hispanics, according to a new tracking poll....
Post Date:02/29/2008 10:26:07
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Stocks fall amid economic worries NEW YORK (AP) - Stocks fell in early trading Friday after disappointing earnings from American International Group Inc. and Dell Inc. underscored the challenging economic environment in which companies now operate....
Post Date:02/29/2008 10:26:07
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Early Voting for March Primaries Ends Today A down-to-the-wire Democratic contest between senators Hillary Rodham Clinton and Barack Obama has electrified voters across Texas, who are voting early in record numbers. Today is the last day to cast an early ballot in advance of the March 4 primaries. The polls close at 7 p.m. sharp....
Post Date:02/29/2008 10:26:07
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Gold Hits Record High as Dollar Slumps Gold rose to an historic high above $971 an ounce yesterday as the dollar's slump to record lows and strong oil prices boosted investor buying, analysts said. Silver hit a 27-year peak above $19.75 an ounce, palladium hit a six-and-a-half-year high and platinum bounced back after falling more than 2 per cent to a one-week low....
Post Date:02/29/2008 10:26:07
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New Film 'Vantage Point' Is a Fun Ride The new film "Vantage Point" doesn't exactly tread into unfamiliar territory, but this slick action film is wrapped into a neat little package -- with a much more entertaining payoff than the recent hit "Jumper." "Vantage Point" takes a simple premise, the attempted assassination of the president (William Hurt) during a world peace conference in Spain....
Post Date:02/29/2008 09:55:51
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Dell Profits Edge Lower Despite Revenue Spurt New York (dpa) - Computer maker Dell continued to struggle in its fiscal fourth quarter. The Texas-based company, once the world's largest computer seller, said that earnings dropped to 679 million dollars, or 31 cents a share, from a year-ago profit of 726 million dollars, or 32 cents a share....
Post Date:02/29/2008 09:55:51
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Viacom Earnings Jump 16 Percent in Fourth Quarter ...
Post Date:02/29/2008 09:55:51
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Declining Consumer Confidence Drives Down Profits at Sears, Kohl MILWAUKEE (AP) -- More evidence of a consumer spending malaise surfaced Thursday as Sears Holdings Corp. and Kohl's Corp. reported double-digit profit drops in the fourth quarter. Meanwhile, Gap Inc....
Post Date:02/29/2008 09:55:51
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Microsoft And Yahoo Battle of Wills Goes On Neither Microsoft nor Yahoo wants to blink first in the software giant's proposed EUR41.7 billion (pounds 21 billion) takeover of the Web pioneer but as the gamesmanship drags on, archrival Google, the merger's raison d'etre, is the biggest beneficiary....
Post Date:02/28/2008 15:04:26
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Ford Recalls 470,000 Mustangs DETROIT (AP)--Ford Motor Co. said Wednesday it is recalling 470,000 Ford Mustangs from the 2005-2008 model years to recalibrate how forcefully the air bag deploys on the front passenger side of the car....
Post Date:02/28/2008 13:50:54
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Nader Names Former San Francisco Official Matt Gonzalez As Running Mate WASHINGTON (UPI)--Independent U.S. presidential candidate Ralph Nader Thursday announced Matt Gonzalez, a former San Francisco public official, as his 2008 running mate. "I chose Matt Gonzalez because I want someone who shares a sense of justice and opposition to the corporate control of society," Nader said during a Washington news conference....
Post Date:02/28/2008 13:31:00
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Bush Urges Action on FISA, Housing Matters WASHINGTON (UPI)--U.S. President George Bush Thursday urged the country to give the economic stimulus package a chance to work during a White House news conference. "I don't think we're headed to recession, but we are in a slowdown," Bush said....
Post Date:02/28/2008 13:31:00
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Toyota Highlander Hybrid The Toyota Highlander Hybrid is very pleasant. That's not faint praise. The mid-size sports utility is one of those fairly rare vehicles that you get in and it's easy to drive right off the bat. The HiHy is even fun to drive, with decent acceleration and handling....
Post Date:02/28/2008 11:06:05
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