Economy / Tags / Losses

ECONOMY Thu Nov 13, 2008 @ 3:00pm neoform

biz.yahoo.com -- LONDON (AP) -- European stock markets were little changed Thursday while Wall Street moved higher as stocks struggled to find direction following hefty losses in the first part of the week. Asian shares closely sharply lower. The Dow Jones index of leadi.. Read More

ECONOMY Wed Nov 12, 2008 @ 12:00pm neoform

biz.yahoo.com -- LONDON (AP) -- World stocks fell Wednesday, extending Tuesday's heavy losses as evidence mounted that the global financial crisis is hurting economies and company profits. The Dow Jones industrial average was down 1.8 percent at 8541.19 in New York morni.. Read More

ECONOMY Fri Nov 7, 2008 @ 6:00pm neoform

biz.yahoo.com -- LONDON (AP) -- U.S. and European stock markets rose Friday after two days of losses as stocks appeared excessively beaten down to some and U.S. unemployment data turned out better than the market's worst fears. Asia markets also finished mostly higher, a.. Read More

ECONOMY Mon Nov 3, 2008 @ 3:01pm neoform

biz.yahoo.com -- Here is a look at factors that may propel the market higher, as well as some that argue for another dive lower: BULLISH FACTORS: -- At nearly 13 months, this bear market is approaching average length but has posted worse than average losses. Previous be.. Read More

ECONOMY Fri Oct 24, 2008 @ 6:01pm neoform

biz.yahoo.com -- By Jonathan Stempel NEW YORK (Reuters) - U.S. bank shares suffered a rocky ride on Friday on fears that losses from bad loans will soar because of a deep global recession, and as a large, U.S. bank agreed to be acquired at a below-market price. Carnage.. Read More

ECONOMY Fri Oct 24, 2008 @ 9:01am neoform

biz.yahoo.com -- HONOLULU (AP) -- Hawaii hospitals suffered operating losses of $150 million last year and expect the situation to worsen in the near future. "This has been sort of a tough year and it looks like we're headed into tougher times," said Richard Meiers, head.. Read More

ECONOMY Thu Oct 23, 2008 @ 9:01am neoform

biz.yahoo.com -- LONDON (AP) -- European stock markets were lower Thursday following hefty losses in Asia earlier and an expected further retreat on Wall Street as spreading pessimism over corporate earnings reinforced concerns about the world economy. Britain's FTSE 100.. Read More

ECONOMY Fri Oct 17, 2008 @ 9:01am neoform

biz.yahoo.com -- NEW YORK (Reuters) - Stock index futures extended losses on Friday as a report showing that housing starts slid in September heightened recession fears. S&P 500 futures fell 12.80 points and were below fair value, a formula that evaluates pricing by taki.. Read More

ECONOMY Wed Oct 15, 2008 @ 9:01am neoform

biz.yahoo.com -- NEW YORK (Reuters) - Stock index futures extended losses on Wednesday after a government report showed a steeper-than-expected decline in September retail sales, heightening recession fears. S&P 500 futures dropped 25.9 points and were below fair value,.. Read More

ECONOMY Mon Oct 13, 2008 @ 12:01pm neoform

biz.yahoo.com -- NEW YORK (AP) -- The Dow Jones industrial average rebounded more than 500 points today as Wall Street snapped back from last week's devastating losses after major governments announced further steps to support the global banking system, including plans by.. Read More

ECONOMY Fri Oct 10, 2008 @ 12:02pm neoform

biz.yahoo.com -- NEW YORK (AP) -- Wall Street extended its devastating losses Friday, but prices swung sharply as investors scooped up shares decimated by more than a week of intense and panicked selling. The Dow Jones industrials, down nearly 700 points in the opening mi.. Read More

ECONOMY Wed Oct 8, 2008 @ 6:00pm neoform

biz.yahoo.com -- BOSTON (AP) -- The turmoil on Wall Street is translating into dramatic losses for the Massachusetts pension fund. The fund, which covers the retirement costs of state employees in Massachusetts, plummeted nearly $4 billion in September. That's on top of.. Read More

ECONOMY Fri Oct 3, 2008 @ 9:01am neoform

biz.yahoo.com -- Employers made deeper cuts in their payrolls in September, according to the Labor Department's monthly jobs report, as the economy experienced the biggest drop in jobs in more than five years. There was a net loss of 159,000 jobs in September, the ninth.. Read More

ECONOMY Wed Oct 1, 2008 @ 12:01pm neoform

biz.yahoo.com -- NEW YORK (Reuters) - Stocks extended losses on Wednesday as signs of continued credit market strains and labor market weakness kept investors on edge before a Senate vote on a revamped rescue plan for the financial sector. The benchmark S&P 500 and Nasda.. Read More

ECONOMY Tue Sep 30, 2008 @ 12:00pm neoform

biz.yahoo.com -- NEW YORK--(BUSINESS WIRE)--Despite record high annualized net losses (ANL) on U.S. prime auto loan asset-backed securities (ABS) in August, negative rating actions in 2008 have been minimal, according to Fitch Ratings. Even with these elevated levels of.. Read More

ECONOMY Fri Sep 26, 2008 @ 9:00am neoform

biz.yahoo.com -- NEW YORK (Reuters) - Stock index futures extended losses on Friday after a government report showed that the U.S. economy grew less strongly than previously thought in the second quarter. The downward revision of the gross domestic product, the measure o.. Read More

ECONOMY Fri Sep 12, 2008 @ 9:01am neoform

biz.yahoo.com -- NEW YORK (Reuters) - Stock index futures extended losses on Friday following a report that showed retail sales fell unexpectedly in August. The data added to investors' worries as Wall Street frets about the fate of embattled investment bank Lehman Brot.. Read More

ECONOMY Fri Sep 5, 2008 @ 12:01pm neoform

biz.yahoo.com -- TORONTO (AP) -- Job gains in Canada and job losses in the U.S. in the last month have brought the unemployment rates of both countries on a par for the first time in more than 26 years. Statistics Canada said Friday that Canada's unemployment rate remain.. Read More

ECONOMY Fri Sep 5, 2008 @ 9:01am neoform

biz.yahoo.com -- August was another bad month for the job market. But many economists also are predicting job losses to continue deep into 2009 as well. The government reported on Friday that were 84,000 job losses last month, worse than the 75,000 job losses that econom.. Read More

ECONOMY Thu Sep 4, 2008 @ 6:01pm neoform

biz.yahoo.com -- Economists expect another weak job report when the government releases its August employment figures Friday. But many also are predicting job losses to continue deep into 2009 as well. U.S. employers have already trimmed 463,000 jobs from the payrolls du.. Read More