Archive for December, 2008
Consumer Confidence Index falls to record low - Toledo Blade
By admin on December 16th, 2008
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NEW YORK - Americans mood about the economy darkened further in January, sending a widely watched barometer of consumer sentiment to a new low, a private research group said yesterday. With people worrying about their jobs and watching their …
Letter sent to TV station offers clues to reasons why father killed … - Minneapolis Star Tribune
LOS ANGELES - In one upstairs bedroom, the bodies of twin 2-year-old boys were found beside their dead mother. In another bedroom, 5-year-old twin girls and their 8-year-old sister lay next to their lifeless father. Officers discovered the horrific …
FMC Technologies to Present at Credit Suisse 2009 Energy Summit - Earthtimes
HOUSTON , Jan. 28 /PRNewswire-FirstCall/ — FMC Technologies, Inc. (NYSE: FTI) announced today that William H. Schumann, III , Executive Vice President and Chief Financial Officer, will address attendees at the following event: Event: Credit Suisse …
GE closer to losing its sterling credit rating (Market Watch)
By admin on December 14th, 2008
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Moodys Investors Service is a step closer to downgrading the coveted Triple-A credit rating assigned to General Electric Co.
Canadian retailers to piggy back on home renovation tax credit to … - 680 News
By admin on December 11th, 2008
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MONTREAL - Canadian retailers are expected to piggy back on the federal governments new home renovations tax credit by offering additional incentives to secure a piece of the action. Rona Inc. (TSX:RON) and Home Depot Canada, the countrys two …
Fed leaves rates near zero
By admin on December 8th, 2008
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The Federal Reserve kept its key interest rate near 0%, and said it is prepared to take additional steps to try to fix the troubled U.S. economy and credit markets. RSS and News widget on Feedzilla.com
U.S. keeps rates near zero
The Federal Reserve kept its key interest rate near 0%, and said it is prepared to take additional steps to try to fix the troubled U.S. economy and credit markets. RSS widgets and RSS feeds on Feedzilla.com
Stocks stage rally
Stocks surged Wednesday as investors took comfort in reports that the Obama administration and the Federal Reserve are taking steps to get credit flowing again and help staunch the economic slowdown. News widgets and RSS feeds on Feedzilla.com
CME Credit Swap Clearing May Lead to Exchange Trading (Update1) (Bloomberg)
By admin on December 6th, 2008
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Jan. 27 (Bloomberg) — CME Group Inc. s effort to guarantee credit-default swaps with its clearinghouse may lead to the contracts trading on public markets, according to Rick Redding , the companys managing director for products and services.
Moody’s says could cut GE’s triple-A credit rating (Reuters via Yahoo! News)
Moody’s Investors Service said on Tuesday it was reviewing General Electric Co’s triple-A credit ratings, which could lead to a downgrade, and its shares fell as much as 5 percent in extended trade.