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Liz Claiborne Posts Quarterly Loss on Discounts; 2008 Forecast Falls Short
Liz Claiborne Inc., the maker of Kate Spade handbags and Juicy Couture clothing, posted a first- quarter loss and forecast annual profit that ...…
May 13 2008 9:21AM EDT
IBM Using Video-Game Chips to Build Cheaper Supercomputers for Businesses
International Business Machines Corp., the largest computer-services provider, is making lower-cost supercomputers for Wall Street firms and movie ...…
May 13 2008 9:21AM EDT
Bernanke Says Fed `Stands Ready' to Increase Cash Loans to Banks as Needed
Federal Reserve Chairman Ben S. Bernanke said financial markets remain unsettled and the central bank will increase its auctions of cash to banks ...…
May 13 2008 9:21AM EDT
Bank of America Increases Home-Equity Loss Forecast on Consumer `Stress'
Bank of America Corp., the second- biggest U.S. bank, widened its forecast of home-equity loan losses beyond projections offered last month, adding ...…
May 13 2008 9:21AM EDT
Stock Futures Advance as April Retail-Sales Report Is Better Than Expected
U.S. stock-index futures advanced after a government report showed that rising energy bills and a slowing labor market haven't stopped Americans ...…
May 13 2008 9:21AM EDT
Wal-Mart Net Rises on Discounts; Second-Quarter Profit May Trail Estimates
Wal-Mart Stores Inc., the world's largest retailer, posted a higher first-quarter profit and forecast second-quarter earnings that may trail ...…
May 13 2008 9:21AM EDT
Retail Sales in U.S. Declined 0.2% in April, Climbed 0.5% Excluding Autos
Retail sales in the U.S. fell in April, led by a slump in auto purchases that masked stronger- than-forecast gains elsewhere, indicating rising ...…
May 13 2008 9:21AM EDT
Hewlett-Packard Buys EDS for $13.9 Billion; Profit, Sales Outlooks Boosted
Hewlett-Packard Co., the world's biggest personal-computer maker, agreed to buy Electronic Data Systems Corp. for $13.9 billion to more than double ...…
May 13 2008 9:21AM EDT
U.S. Stock-Index Futures Decline; Wal-Mart, Merrill Lynch Fall in Europe
U.S. stock-index futures fell as Wal-Mart Stores Inc. gave a forecast that trailed some analysts' estimates and Oppenheimer & Co.'s Meredith ...…
May 13 2008 7:27AM EDT
Fed's Pianalto Says Prices, Rising Faster Than She Likes, Are a `Key Risk'
Federal Reserve Bank of Cleveland President Sandra Pianalto said prices are rising faster than she'd like and inflation is a ``key risk'' to the ...…
May 13 2008 7:27AM EDT
Toll Brothers Reports Decline in Revenue as U.S. Housing Slump Persists
Toll Brothers Inc., the largest U.S. luxury homebuilder, reported the eighth consecutive quarterly decline in revenue as demand for new homes ...…
May 13 2008 6:08AM EDT
New York Gets Top Billing in Movies, TV With Tax Breaks, Dollar's Decline
New York is a star again. . . Filmmaking in the city is at a post-Sept. 11 peak. Crews made 245 movies in New York last year, a 36 percent increase ...…
May 13 2008 4:32AM EDT
Dollar Trades Near 1-Week Low Against Euro Before U.S. Retail Sales Report
The dollar traded near a one-week low against the euro before a U.S. government report today that will probably show retail sales declined, adding ...…
May 13 2008 2:40AM EDT
Retail Sales in U.S. May Have Declined, Led by Autos, Building Materials
Sales at U.S. retailers probably fell in April as the biggest housing recession in a quarter century and record gasoline prices prompted consumers ...…
May 13 2008 2:08AM EDT
Toyota Reduces Discount on Prius as Waiting List Rises Along With Gasoline
Toyota Motor Corp.'s Prius hybrid, the most fuel-efficient car sold in the U.S., is getting harder to find on dealer lots and commanding higher ...…
May 13 2008 2:08AM EDT
Time Warner's HBO, Apple's ITunes Close to Deal to Sell Shows, Person Says
Time Warner Inc.'s HBO network is close to an agreement with Apple Inc. to sell shows such as ``The Sopranos'' and ``The Wire'' on iTunes, a person ...…
May 13 2008 2:08AM EDT
LBO Loan Buybacks Trigger Review as KKR, PAI Purchase Debt at Discounts
The Loan Market Association, the European banking trade group, is reviewing rules on corporate loans as private-equity firms take advantage of the ...…
May 13 2008 2:08AM EDT
Obama Looks to November Vote as Clinton Focuses on West Virginia Primary
Today's primary in West Virginia matters so little to the Democratic presidential nomination race that front-runner Barack Obama will spend the day ...…
May 13 2008 12:27AM EDT
Obama, Clinton Vow to Push `Green-Collar' Workforce May Fall Short on Jobs
Hillary Clinton and Barack Obama both pledge to spend $150 billion to clean up the environment, lower energy use, help build subways -- and in the ...…
May 13 2008 12:27AM EDT
Hewlett-Packard's Hurd Seeks Electronic Data Purchase to Compete With IBM
Hewlett-Packard Co. is seeking to buy Electronic Data Systems Corp. in a deal worth up to $13 billion, helping Chief Executive Officer Mark Hurd ...…
May 13 2008 12:27AM EDT
Hewlett-Packard Is in Talks to Buy EDS; May Offer $13 Billion, Person Says
Hewlett-Packard Co., the world's biggest personal-computer maker, is in talks to buy Electronic Data Systems Corp., in what would be Chief ...…
May 12 2008 6:37PM EDT
ABC's `Ugly Betty' Will Move Filming to New York City, Gain Tax Benefits
ABC's ``Ugly Betty'' television series plans to move filming to New York City to take advantage of tax credits in a switch that will create more ...…
May 12 2008 5:14PM EDT
Chrysler Drops Plan for SUV, Will Put Savings Into Compact Car, Press Says
Chrysler LLC, the automaker owned by private-equity firm Cerberus Capital Management LP, canceled plans for a new sport-utility vehicle and is ...…
May 12 2008 5:14PM EDT
Clear Channel Jumps on Reports of Possible Takeover Accord at Lower Price
Clear Channel Communications Inc. jumped 9.6 percent in New York Stock Exchange trading as buyout firms and banks negotiated a settlement of ...…
May 12 2008 5:14PM EDT
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