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By ANNE D'INNOCENZIO, AP Business Writer 8 minutes ago NEW YORK - From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office supplier Staples, consumers are pulling back and that's hurting retailers and raising more concerns..
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Tue Aug 19, 2:59 PM ET MOSCOW (AFP) - Investments in the bonds of struggling US home-loan financers Fannie Mae and Freddie Mac have earned Russia more than a billion dollars in the past six months, press reports said Tuesday.
"The bonds in which we hav..
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By Doris Frankel Tue Aug 19, 2:47 PM ET CHICAGO (Reuters) - Many traders scooped up defensive put options on Lehman Brothers Holdings Inc (LEH.N) on Tuesday, betting its stock will suffer more losses.
Shares of the fourth-largest U.S. investment bank f..
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By Alister Bull 59 minutes ago ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, two top Fed policy-makers said on Tuesday, indi..
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By Robert MacMillan and Eric Auchard 21 minutes ago SAN FRANCISCO (Reuters) - Hewlett-Packard Co (HPQ.N) results beat Wall Street targets, overcoming fears that slowing global economies and a stronger dollar would substantially weaken the world's bigges..
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biz.yahoo.com
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PIRAEUS, Greece, Aug. 19 /PRNewswire-FirstCall/ -- Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE: NM - News), a global, vertically integrated seaborne shipping and logistics company, today reported financial results for the second quarter and si..
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FAIRFAX, Va.--(BUSINESS WIRE)--ManTech International Corporation (Nasdaq:MANT - News) announced that it has entered into a definitive agreement to acquire Emerging Technologies Group (ETG), a rapidly growing provider of cyber security and mission critical..
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BURLINGTON, Mass.--(BUSINESS WIRE)--Nuance Communications, Inc. (NASDAQ: NUAN - News) today announced a definitive agreement to acquire privately-held SNAPin, a provider of mobile device and server self-service technology. With the strengths and resources..
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biz.yahoo.com
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NYSE: TC TSX: TCM, TCM.WT Frankfurt: A6R
TORONTO, Aug. 19 /PRNewswire-FirstCall/ - Thompson Creek Metals Company Inc. (the "Company"), one of the world's largest, publicly traded, pure molybdenum producers, today announced that its wholly owned subsidia..
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biz.yahoo.com
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NEW YORK (AP) -- As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is uncertain and, analysts say, is complicated by the possibility of a government bailout of the two companies..
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biz.yahoo.com
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DALLAS--(BUSINESS WIRE)--Heelys, Inc. (NASDAQ: HLYS - News), announced today that its Board of Directors rejected Skechers USA Inc.’s unsolicited proposal to acquire all of the Company’s outstanding shares for $5.25 per share.
Gary Martin, Heelys’..
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biz.yahoo.com
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ASPEN, Colo. (Reuters) - The U.S. Federal Reserve must be ready to take action if slowing economic growth fails to curb inflation stemming from higher food and energy prices, two top Fed policy-makers said on Tuesday, indicating that higher interest rate..
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Jeff Jaye, a mortgage broker in Northern California, used to rely on homeowners looking to refinance their loans for more than two-thirds of his business. Today, he rarely bothers with those applications because he knows most homeowners can't qualify for..
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PENNSAUKEN, N.J.--(BUSINESS WIRE)--Lattice Incorporated (OTC: LTTC - News) (“Lattice” or the “Company”), a provider of advanced information and communications technology solutions to key government agencies and enterprise customers, today announce..
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NEW YORK (AP) -- Treasury prices traded mostly higher Tuesday after government data suggested inflation at the wholesale level is rising, even as the economy continues to weaken.
Treasurys tend to attract buyers when an economic report is poor, but signs..
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NEW YORK (AP) -- The governors of New York and New Jersey are asking federal officials to reconsider part of their plan to battle flight delays at the region's big airports.
The U.S. Department of Transportation plans to have the airlines compete against..
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LANSING, Mich. (AP) -- Michigan's top tourist attraction could be getting a rival -- another Cabela's.
The state's first Cabela's Inc. outdoor equipment store, built in Dundee about 40 miles southwest of Detroit, has been the state's No. 1 tourist attrac..
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Getting paid to playMore VideosSAN FRANCISCO (AP) -- Hewlett-Packard C..
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2 hours, 43 minutes ago NEW YORK (Reuters) - Private equity firm Carlyle Group (CYL.UL) said on Tuesday its Chairman Louis Gerstner will retire and become a senior adviser to the company's buyout funds.
Carlyle did not identify a successor, but said it..
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biz.yahoo.com
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MINNEAPOLIS & PALM DESERT, Calif.--(BUSINESS WIRE)--U.S. Bank, lead bank of U.S. Bancorp (NYSE: USB - News), has signed an agreement to purchase the ATM and kiosk terminal management services, cash management and vault cash operations of the Electronic Ba..
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