Archive for November 11th, 2008

Uruguay vulnerable to global economic crisis-IMF

Tuesday, November 11th, 2008

WASHINGTON, Nov 11 (Reuters) - Fallout from the globaleconomic crisis and stubbornly elevated inflation pose threatsto Uruguay's economy, and growth will likely slow dramaticallynext year, the International Monetary Fund said on Tuesday. The Fund said Uruguay had made good progress in ...

White House: open to accelerating auto loan funds

Tuesday, November 11th, 2008

WASHINGTON, Nov 11 (Reuters) - The White House on Tuesdaysaid it was open to considering any proposals from Congress toaccelerate loans to the ailing U.S. auto industry from fundsalready appropriated. "We're open to ideas from Congress to accelerate fundsthey've already appropriated ...

Florida scales back U.S. Sugar Corp buyout -source

Tuesday, November 11th, 2008

MIAMI, Nov 11 (Reuters) - Florida has scaled back itsplanned $1.7 billion buyout of U.S. Sugar Corp in a deal aimedat putting the company's coveted acreage to use in cleansingand restoring the state's endangered Everglades wildlifehabitat. Under terms of a revised ...

US STOCKS-Wall St falls further as economic gloom weighs

Tuesday, November 11th, 2008

(Updates with extended losses) NEW YORK, Nov 11 (Reuters) - U.S. stocks extended declineson Tuesday with the S&P 500 briefly falling as much as 3percent on worries of deepening economic gloom. The Dow Jones industrial average ...

Pakistan seeks IMF endorsement of plans – minister

Tuesday, November 11th, 2008

ISLAMABAD, Nov 11 (Reuters) - Pakistan aims to getInternational Monetary Fund (IMF) endorsement of its economicprogramme within 15 days in order to secure funding from otherdonors, the country's top economic official said on Tuesday. Acting finance minister Shaukat Tarin did not ...

Brazil central bank sells $144 mln in forex swaps

Tuesday, November 11th, 2008

SAO PAULO, Nov 11 (Reuters) - Brazil's central bank soldabout $144 million in dollar swap contracts on Tuesday as partof an ongoing effort to add liquidity to the foreign exchangemarket and meet demand for the U.S. currency. The bank sold 2,900 ...

Mexico stocks sink on global economic worries

Tuesday, November 11th, 2008

MEXICO CITY, Nov 11 (Reuters) - Mexican stocks sank on Tuesdayas concerns that the global economic downturn is deepening draggeddown stock markets around the world. The benchmark IPC stock index .MXX fell 1.27 percent to 19,765points. (Reporting by Michael O'Boyle; Editing ...

TABLE-Seat Pagine Gialle Q3 results 2008

Tuesday, November 11th, 2008

Nov 11 (Reuters) - 3 months to 30 September 2008 Group (in Euros millions unless otherwise stated) ...

RCS Mediagroup posts Q3 loss, warns on year

Tuesday, November 11th, 2008

MILAN, Nov 11 (Reuters) - Italian publisher RCS MediagroupSpA (RCSM.MI: Quote, Profile, Research, Stock Buzz) dropped to a loss in the third quarter and warnedon Tuesday that 2008 results would be well below last year's. RCS, publisher of daily newspaper Corriere ...

UPDATE 1-Weak economy, hurricanes hurt boat seller MarineMax

Tuesday, November 11th, 2008

* Posts Q4 loss * Q4 revenue nearly halves, misses estimates * Weak economy, hurricanes hurt results * Same-stores sales fall 45 pct Nov 11 (Reuters) - ...