Member 2123


Home Depot, Target results show retail gloom (Reuters)

21-05-2008 02h38
Reuters - Two of the largest U.S. retailers said on Tuesday that the weak U.S. economy and battered housing industry were discouraging cash-strapped consumers from making anything more than basic purchases.

Inflation concerns, oil push stocks sharply lower (Reuters)

21-05-2008 03h11
Reuters - Stocks slid on Tuesday after oil prices jumped above $129 a barrel and a key inflation gauge rose more than expected, adding to mounting concerns about U.S. consumers' discretionary spending power.

Producer prices tame but gain in core vexes (Reuters)

21-05-2008 01h35
Reuters - Producer prices excluding energy and food rose at the fastest pace since 1991 in the year through April, highlighting inflation concerns that could limit the Federal Reserve's options in shoring up a weak economy.

Third Point backs Icahn in Yahoo fight: source (Reuters)

20-05-2008 23h56
Reuters - Third Point LLC, a $5.7 billion hedge fund headed by activist Dan Loeb, has recently accumulated a stake of over 5 million shares in Yahoo Inc and is supporting investor Carl Icahn's proxy battle, a source familiar with the matter said on Tuesday.

Microsoft proposes to buy Yahoo search: source (Reuters)

21-05-2008 02h15
Reuters - Microsoft Corp has proposed to buy Yahoo Inc's search business and take a minority stake in the Web pioneer, stopping short of a full-out merger, a person familiar with the discussions said on Monday.

Wholesale inflation slows in April after March jump (AP)

21-05-2008 03h48
AP - Inflation at the wholesale level slowed in April following a huge increase in March although prices for a number of items from prescription drugs to pasta shot upward.

401(k) Administrator Negotiates For ETFs (Investor's Business Daily)

20-05-2008 07h45
Investor's Business Daily - RPG Consultants, a 401(k) plan administrator, is speaking to two ETF providers about getting exchange traded funds into 401(k) plans.

Staples profit higher; keeps outlook (Reuters)

20-05-2008 23h48
Reuters - Staples Inc , the No. 1 U.S. office supplies retailer, reported a higher quarterly profit on Tuesday that matched Wall Street's expectations, and stood by its outlook for the full year.
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