Archive for April 4th, 2008
Friday, April 4th, 2008
By Joanne Morrison WASHINGTON, April 4 (Reuters) - U.S. employers cut payrollsfor a third month in a row in March and the unemployment ratejumped to a 2-1/2 year high, adding more evidence that ahousing downturn and credit crisis may have pushed ...
Posted in Market Stats | No Comments »
Friday, April 4th, 2008
(Adds background on Chester, details from complaint) By Paritosh Bansal NEW YORK, April 3 (Reuters) - U.S. securities regulatorssued a London-based hedge fund and its chief executive onThursday, alleging they schemed to defraud mutual funds andshareholders in ...
Posted in Market Stats | No Comments »
Friday, April 4th, 2008
(Adds details) LONDON, April 4 (Reuters) - Britain's biggest mortgagelender Halifax is to raise mortgage rates on Monday andintroduce a new pricing band that will increase costs forcustomers with small deposits. Halifax's parent HBOS Plc (HBOS.L: Quote, ...
Posted in Real Estate | No Comments »
Friday, April 4th, 2008
(Rewrites first paragraph; adds analysts' estimates, sales,outlook) NEW YORK, April 4 (Reuters) - Candle maker Blyth Inc(BTH.N: Quote, Profile, Research) reported better-than-expected fourth-quarter profit onFriday, excluding one-time charges, and forecast earnings forthe current year in line with Wall Street estimates. ...
Posted in Real Estate | No Comments »
Friday, April 4th, 2008
NEW YORK, April 4 (Reuters) - Candle maker Blyth Inc(BTH.N: Quote, Profile, Research) posted a fourth-quarter net loss on Friday, versus ayear-ago profit, hurt by one-time charges and the loss of salesfrom the divestiture of its home fragrance business. Blyth, which ...
Posted in Real Estate | No Comments »
Friday, April 4th, 2008
PARMA, Italy (Reuters) - Cesare Geronzi, head of investmentbank Mediobanca (MDBI.MI: Quote, Profile, Research), will face another trial -- this timeon charges of extortion -- connected to the collapse ofParmalat SpA (PLT.MI: Quote, Profile, Research), a court decided on Friday, judicialsources said. ...
Posted in Real Estate | No Comments »
Friday, April 4th, 2008
NEW YORK, April 4 (Reuters) - The dollar rebounded onFriday after selling off in a knee-jerk reaction to the U.S.jobs report for March as investors reconsidered the data anddecided it was less dire than feared. "While (the data) is weaker than ...
Posted in Real Estate | No Comments »
Friday, April 4th, 2008
WASHINGTON (Reuters) - The U.S. employers cut payrolls for a third month in a row in March, slashing 80,000 jobs for the biggest monthly job decline in five years as the economy headed into a downturn, government data on Friday showed. The Labor ...
Posted in World Economy Finance News | No Comments »
Friday, April 4th, 2008
By Jonathan Lynn GENEVA (Reuters) - Business lobbyists from the United States will descend on the World Trade Organisation (WTO) in Geneva next week to push for favorable terms in a new trade deal, a source familiar with the visits said on Friday. ...
Posted in World Economy Finance News | No Comments »
Friday, April 4th, 2008
(Updates with details throughout) NEW YORK, April 4 (Reuters) - Diversified manufacturerHoneywell International Inc (HON.N: Quote, Profile, Research) said on Friday it wouldbuy Norcross Safety Products LLC, a maker of personalprotective equipment, for about $1.2 billion, to expand itssafety business. ...
Posted in Bonds | No Comments »