Member 4012


April retail sales barely budged: SpendingPulse (Reuters)

12-05-2008 13h45
Reuters - Retail sales barely rose in April, as a relentless surge in gasoline prices made consumers cut back other types of spending, according to a report released on Monday.

ILFC considering split-up from insurer AIG: report (Reuters)

12-05-2008 14h36
Reuters - International Lease Finance Corp, a unit of American International Group , is worried by the insurer's financial troubles and mulling a split from it, the Wall Street Journal said on Monday, citing people familiar with the matter.

Hearings planned on energy market speculation: report (Reuters)

12-05-2008 15h28
Reuters - A House committee has started investigating speculation in energy markets, with plans to hold hearings in May and June, the Wall Street Journal said on Monday, citing a Democratic aide and several other people invited as witnesses.

Cablevision near deal to buy Newsday: source (Reuters)

12-05-2008 08h34
Reuters - Tribune Co is close to an agreement to sell its Newsday newspaper to Cablevision Systems Corp and an announcement could come as early as Monday, a source familiar with the situation said on Sunday.

Nikon profit up, outlook misses expectations (Reuters)

12-05-2008 15h39
Reuters - Japanese precision equipment maker Nikon Corp (7731.T) said on Monday its annual operating profit rose 32.5 percent thanks to sales of its advanced cameras and chip-making equipment, but its outlook fell far short of expectations.

China's April inflation rises to 8.5 percent (AP)

12-05-2008 15h29
AP - China's inflation rebounded in April to near decade-high levels, adding to pressure on Beijing to cool rapid price rises and avert possible unrest ahead of the Summer Olympics, according to official data reported Monday.

Study: Retirement savers make costly 401(k) mistakes (AP)

12-05-2008 13h07
AP - Despite extensive efforts to educate workers about saving for retirement, many employees are not doing a good job of managing their company-sponsored 401(k) accounts, a new study indicates.

Retailers likely to post grim 1st-quarter results (AP)

12-05-2008 04h00
AP - After slashing inventory and cutting expenses, the retail industry is still bracing for the largest overall quarterly profit decline in at least nine years when merchants report their first-quarter earnings this week.
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