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U.S. financial giant Citigroup to cut another 53,000 jobs
U.S. financial giant Citigroup to cut another 53,000 jobs 0 ...
Recession: Japan's economy shrinks in 3Q
Dragged by global financial crises, Japanese economy shrinks in third quarter and enters in recession. "Japan fell into a recession in the third quarter for the first time since 2001, as the impact of the global... Greman economy enters worst recession
US financial crisis now started showing its effect in EU, the first big victim is non other than strongest economy Germany."The German economy, Europe's largest, contracted more than economists expected in the third...German Economy Enters Worst Recession in 12 Years
European stock markets are panicing today as investors learn that Germany, Europe's largest economy, has officially fallen into recession. In morning trading Britain's FTSE 100 was down about 1.3 percent and the...40 views | 0 comments | 0 recommendations
Brazil's Stocks and Currency Dive as the US Shifts Its Bailout Plan
Stocks in emerging countries such as Brazil are currently a roller coaster ride for the strong hearted. If you believe the Dow, Nasdaq, and TSX are currently a roller coaster ride, take a look at stock markets in... Brazil: Petrobras' third-quarter profits up 96%
" Wed, 12 Nov 2008 04:27:45 GMT Brazil's Petrobras oil company has posted a record third-quarter net profit of 96 percent compared to the same quarter last year. The profit almost doubled because of increase in...Bills' offense flounders in third straight loss
"I don’t want to shortchange the defensive effort by the Patriots, especially the play of the front seven, but the Bills offense continued to be anemic in a 20-10 loss to New England. That makes three straight...JPMorgan Asset Management Predicts Profit
THIS IS THE RAY OF HOPE.....IN SINKING ECONOMY.. atleast JP Morgan thinking for green.." JPMorgan & Chase's asset management arm expects to be profitable in the fourth quarter, despite worldwide turbulence from the global financial crisis, the unit's...Recession fears grip US consumers
" Consumer spending in the US fell in September by the biggest amount in four years, the Commerce Department said. Personal spending fell by 0.3% last month, despite a rise in incomes of 0.2%, official figures...25 views | 0 comments | 0 recommendations
Bank of Japan cuts key interest rate
"Friday October 31, 2:18 am ET By Tomoko A. Hosaka, Associated Press Writer Japan's central bank cuts key interest rate to 0.3 percent in close vote; first cut in 7 years TOKYO (AP) -- The Bank of Japan voted Friday to cut its key interest rate for the first time in more...Asia stock markets surge after Fed rate cut
"Asian stock markets surge after Fed rate cut; South Korean index up 12.7 percent HONG KONG (AP) -- Asian stock markets rallied Thursday, led by a 12 percent jump in South Korea, after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy...Comcast shows resilience to economic downturn
"Comcast shows resilience to economic downturn""In addition to the phone companies, so far it looks like cable operators are also in good shape to weather the current economic downturn. On Thursday Comcast, the largest cable operator in the U.S., reported solid earnings for...Sohu.com forecasts profit above expectations
"Monday October 27, 9:14 am ET Chinese Web portal Sohu.com predicts 4Q profit well above Wall Street's expectations NEW YORK (AP) -- Sohu.com Inc., a Chinese Web portal, forecast fourth-quarter earnings well above Wall Street's expectations on Monday, after reporting that...Quest Diagnostics Reports Growth in Revenue and Earnings for Third Quarter 2008
"the world's leading provider of diagnostic testing, information and services, announced that for the third quarter ended September 30, 2008, adjusted income from continuing operations increased to $0.86 per diluted...Foul or fair? Ref takes heat for hit USC Quarterback Garcia
"Wilbur Hackett Jr. had his share of big tackles of SEC quarterbacks in his day, but none generated the buzz of Hackett's hit on South Carolina's Stephen Garcia.Hackett was the umpire who collided with Garcia at...3866 views | 3 comments | 0 recommendations
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