Buffett not immune to derivative troubles (BRK-A)
If you are a Berkshire Hathaway Inc. (NYSE: BRKA) shareholder right now, you might be questioning just how well you knew Mr. Warren Buffett after
Wed, 19 Nov 2008 09:53:00 -0600
Investerms.com
Sysco Faces Tough Economic Headwinds
SYSCO Corporation (NYSE: SYY) shares moved higher in early trading despite receiving a negative recommendation by CNBC's Jim Cramer on his Mad Money Lightning Round.
Wed, 19 Nov 2008 03:53:00 -0600
Investerms.com
Philips Offers a High Dividend, but is It Recession-Proof?
Koninklijke Philips Electronics NV (NYSE: PHG) shares opened lower despite a positive recommendation by CNBC's Jim Cramer on his Mad Money Lightning Round. The hedge
Wed, 19 Nov 2008 03:41:00 -0600
Investerms.com
Just How Safe is Cummins?
Cummins Inc. (NYSE: CMI) shares opened lower after CNBC's Jim Cramer offered a negative view on his Mad Money Lightning Round. The hedge fund manager
Wed, 19 Nov 2008 03:23:00 -0600
Investerms.com
Intuit's Q1 is never great, but could still beat expectations
Financial management solution company Intuit Inc. (NYSE: INTU), best known for its Quicken and TurboTax software, is set to announce its first quarter results tomorrow.
Tue, 18 Nov 2008 09:57:00 -0600
Investerms.com
Carolina Bank Holdings, Inc. Reports Improved Asset Quality and Strong Growth
GREENSBORO, N.C., Oct. 24, 2008 (GLOBE NEWSWIRE) -- Carolina Bank Holdings, Inc. (Nasdaq:CLBH) announced non-performing assets of $3.4 million, or 0.57% of assets, at September 30, 2008, a significant drop from $4.6 million, or 0.99% of assets, at September 30, 2007. Non-performing assets were 0.37% of assets at June 30, 2008. Annualized net loan charge-offs to average loans held for investment was 0.07% for the first nine months of 2008 compared to 0.15% for all of 2007. Robert T. Braswell, Pre...
10/24/2008 1:00:00 PM
Business/Financial News (via PrimeNewswire)
Wall Street heads for another sharp tumble today on fears of recession
Wall Street headed for another precipitous drop Friday as fears of a punishing global recession stirred panic among investors and sent world financial markets into a tailspin. The Dow Jones industrial average futures fell as much as 550 points, triggering a freeze in selling....
10/24/2008 12:20:00 PM
naplesnews.com Stories: Business news
Stocks head for sharp decline on recession fears
Wall Street headed for another precipitous drop today as fears of a punishing global recession stirred panic among investors and sent world financial markets into a tailspin. The Dow Jones industrial average futures were down 550 points, triggering a freeze in selling....
10/24/2008 11:49:00 AM
Memphis Commercial Appeal Stories: Business
Q: Can you tell me is there is any trend visible about where mortgage rates are headed?
A: One indicator is a weekly report from Freddie Mac, which came out yesterday. The national average on 30-year, fixed-rate mortgages dropped to 6.04 percent from 6.46 percent last week, the lowest in five weeks....
10/24/2008 3:41:00 AM
courier-journal.com - Business
Stocks surge ahead
Stocks rallied Thursday, as Congressional testimony on the credit crisis offered some encouragement to investors after a two-session selloff. The Dow Jones industrial average gained 173 points around 2 hours into the session. The Standard & Poor's 500 index and the Nasdaq composite also advanced. Both gauges ended the previous session at five-year lows. Stocks slumped Wednesday, with the Dow falling more than 500 points as falling oil prices and worries about earnings exacerbated fears of a glob...
10/23/2008 12:00:00 PM
News & Issues - Business/Financial News
Mortgage rates fall after last week's spike
The 30-year mortgage rate fell this week after last week's spike, which was its biggest weekly jump since April 1987. Mortgage finance firm Freddie Mac reported Thursday that 30-year fixed-rate mortgages averaged 6.04% this week. That's down from 6.46% last week and below 6.33%, where the rate stood a year ago....
10/23/2008 12:00:00 PM
News & Issues - Business/Financial News
Stocks turn lower
Stocks turned lower Thursday as a turbulent session saw some afternoon selling amid Congressional testimony on the credit crisis and lingering recession fears. The Dow Jones industrial average slipped around 3 hours into the session. The Standard & Poor's 500 index lost 17% and the Nasdaq composite lost 2%. Both gauges ended the previous session at five-year lows. Stocks slumped Wednesday, with the Dow falling more than 500 points as dropping oil prices and worries about earnings exacerbated fea...
10/23/2008 12:00:00 PM
News & Issues - Business/Financial News
Techs pace Wall Street decline
Recession fears hammered stocks again Thursday afternoon, the third straight down day on Wall Street, with the technology-fueled Nasdaq leading the decline. The Dow Jones industrial average lost over 170 points, or 2%, with under 2 hours left in the session. The Standard & Poor's 500 index lost 2.9% and the Nasdaq composite lost 3.7%. Stocks slumped Wednesday, with the Dow falling more than 500 points as dropping oil prices and worries about earnings exacerbated fears of a global recession. Both...
10/23/2008 12:00:00 PM
News & Issues - Business/Financial News
Home prices down 5.9% in past year, FHFA says
NEW YORK (MarketWatch) -- U.S. fixed-rate mortgages declined in the latest week, according to Freddie Mac's survey released Thursday. The national average interest rate on the benchmark 30-year, fixed......
10/23/2008 11:27:12 AM
US Business News latest RSS headlines - St Louis Star.com
Corporate tax rates
Corporate tax rates are fallingAS THE effects of the financial crisis ripple out into the wider economy, businesses are struggling. With access to credit all but choked off and global demand falling, firms are keen for any help they can get. America's big companies have a friend in John McCain, who says he will cut the top federal corporate tax rate from 35% to 25%. Once state and local taxes are added, the combined rate amounts to an average 40% of profits, the second highest in rich...
10/22/2008 10:37:55 AM
The Economist: News analysis and views
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