Member 2831


Fed saw weak U.S. growth, financial stress-minutes (Reuters)

27-08-2008 04h11
Reuters - Federal Reserve policy-makers earlier this month saw a weakening economic outlook and financial market stress as supporting the case for steady interest rates despite persistent concerns about inflation pressures.

Consumer confidence bounces (Reuters)

27-08-2008 02h22
Reuters - Consumer confidence recovered more than expected in August as fears over inflation eased, while financial markets combed through housing data for reasons to hope the worst is over for the moribund sector.

Wall St falls on higher oil, banking concerns (Reuters)

27-08-2008 04h08
Reuters - Stocks fell on Tuesday as oil prices rose on hurricane fears in the U.S. Gulf while a list of troubled U.S. banks added to concerns about the health of the financial sector and broader economy.

Chico's, American Eagle post sharply lower profits (Reuters)

27-08-2008 01h42
Reuters - Apparel retailers Chico's FAS Inc and American Eagle Outfitters Inc posted sharply lower profits on Tuesday, hurt by weaker sales and by increased markdowns needed to move unsold merchandise.

GM receives Gulf Arab interest in Hummer buy (Reuters)

26-08-2008 17h46
Reuters - General Motors Corp (GM) has received interest from two separate investors from the Gulf Arab region to buy its Hummer brand, the company's Middle East chief told Reuters on Tuesday.

Thornburg survival in doubt, sees completing tender (Reuters)

27-08-2008 02h28
Reuters - Thornburg Mortgage Inc , a specialist in jumbo home loans, said its survival remained in doubt following additional margin calls, but it is on track to complete a restructuring and avoid collapse.

Retailers put off spring buying (Reuters)

27-08-2008 03h04
Reuters - Cautious apparel buyers are foregoing orders to be delivered months down the road and instead are buying for the moment, unwilling to take on excess inventory and unsure over what the future holds.
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