Business / Tags / Down

+9
Interesting
100% Credible

Americans Don't Love Trucks Anymore

BUSINESS / NEWS Wed Apr 9, 2008 @ 8:19am neoform
BusinessWeek -- High gas prices and the housing bust combine to drive pickup truck sales down to their second lowest level since 2000 By any measure, March was a lousy month for the car business. But for Detroit, it was truly dreadful. Pickup trucks are taking a re.. Read More
+13
Important
100% Credible

Stocks Plunge as Economic Worries Grow

BUSINESS / NEWS Wed Jan 9, 2008 @ 8:14am neoform
BusinessWeek -- Jittery investors dumped shares Tuesday, driving the S&P 500 down over 5% in the first five days of the trading year The wintry gloom that has enshrouded Wall Street thickened on Tuesday as major indexes slumped once again. Repeated attempts by equitie.. Read More
+7
Interesting
100% Credible

Average cost of gas down to $3 a gallon

BUSINESS / NEWS Mon Dec 10, 2007 @ 8:19am neoform
MSNBC -- The average price in the United States for gasoline went down about 9 cents over the last three weeks, according to a survey released Sunday. The average price of regular gasoline on Friday was $3 a gallon, mid-grade was $3.12, and premium was $3.24, o.. Read More
+10
Important
100% Credible

US Dollar Hits Record Low Against Euro

BUSINESS / NEWS Thu Sep 13, 2007 @ 8:28am neoform
New York Times -- The U.S. dollar stumbled to a record low against the euro and was mixed against other major currencies in European trading Thursday morning. Gold was steady. The euro, in its second straight day of record-setting, hit an all-time high of $1.3927 Thursd.. Read More
+7
Important
80% Credible

European stocks take another slide

BUSINESS / NEWS Fri Aug 10, 2007 @ 8:15am neoform
CNN -- European stocks plummeted on Friday, surrendering what was left of their 2007 gains as a spreading malaise in the U.S. subprime mortgage market continued to hit stocks worldwide. Banking shares took a beating, with Royal Bank of Scotland down 4.5 percent,.. Read More
+7
Important
100% Credible

Home prices fall at fastest rate in 13 years

BUSINESS / NEWS Wed Apr 25, 2007 @ 3:47pm neoform
Market Watch -- U.S. home prices continued to fall in February, with prices down 1.5% in 10 major cities compared with a year ago, according to the S&P/Case-Shiller home price index released Tuesday. Home prices depreciated year-over-year for the second straight month.. Read More
+16
Important
100% Credible

Stocks Post Worst Week in Over 4 Years

BUSINESS / NEWS Fri Mar 2, 2007 @ 6:40pm neoform
ABC News -- Mar 2, 2007 (AP)— Stocks stumbled in the final session of a tumultuous week Friday as the yen rallied against the dollar and concerns about the U.S. economy still dogged investors after Tuesday's huge drop. The Dow Jones industrials logged their worst.. Read More
+1
Under Rated

Motorola's Market Share Shrinks

BUSINESS / NEWS Fri Apr 25, 2008 @ 8:22am neoform
BusinessWeek -- With mobile-phone losses at $418 million, sales down 39%, and competition expected to peak, the handset maker needs new products to recover Well, maybe it's not worth $20 a share. Or at least that was the apparent takeaway from Motorola's (MOT) late.. Read More
+1
Under Rated

One Place for Your Many Online Lives

BUSINESS / NEWS Fri Apr 11, 2008 @ 8:15am neoform
BusinessWeek -- FriendFeed is tearing down the walls between Web haunts such as Facebook, YouTube, Flickr, etc. Attention, attention: The latest tech darling has arrived, and it goes by the name of FriendFeed. Silicon Valley is buzzing about the seven-month-old startu.. Read More
+1
Under Rated

Deliver a Presentation Like Steve Jobs

BUSINESS / NEWS Thu Jan 31, 2008 @ 8:14am neoform
BusinessWeek -- Our communications coach breaks down the ace presenter's latest Macworld keynote. The result? A 10-part framework you can use to wow your own audience When Apple (AAPL) CEO Steve Jobs kicked off this year's Macworld Conference & Expo, he once again rai.. Read More
+1
Under Rated

Merrill reports loss of nearly $10 billion

BUSINESS / NEWS Thu Jan 17, 2008 @ 8:20am neoform
MSNBC -- Merrill Lynch & Co., the world’s largest brokerage, on Thursday posted a fourth-quarter loss of nearly $10 billion after writing down some $14.6 billion worth of investments and trades slammed by the ongoing credit crisis. The company posted a net lo.. Read More
+1
Under Rated

Commodities: Boom or Gloom?

BUSINESS / NEWS Thu Jan 10, 2008 @ 8:22am neoform
BusinessWeek -- Some see a "supercycle" in climbing prices for oil, gold, and the like. But others say a slowing U.S. economy could drag them down Commodity prices opened 2008 just like they finished 2007—on the rise. In the first six trading days of the New Year, o.. Read More
+5
Interesting

Asian stocks plunge

BUSINESS / NEWS Mon Oct 22, 2007 @ 8:13am neoform
CNN -- Asian stocks plunged Monday, dragged down by last week's decline on Wall Street and the weak U.S. dollar. Traders pinned hopes on bargain-hunting to buoy markets later in the day. Japan's benchmark Nikkei 225 stock index lost 2.24 percent to finish at 16,.. Read More
+4
Interesting
100% Credible

Stealthily, Stores Start Christmas in October

BUSINESS / OPINION Wed Oct 10, 2007 @ 12:51pm neoform
New York Times -- Eager to expand the holiday shopping season without provoking consumers, retailers are experimenting with a novel approach: earlier-than-ever advertising that deliberately plays down the tinsel and holly. Shattering records for an early start, Wal-Mart.. Read More
+1
Under Rated

Ford’s September sales plummet, GM’s are flat

BUSINESS / NEWS Wed Oct 3, 2007 @ 8:20am neoform
MSNBC -- Erich Merkle, vice president of auto industry forecasting for consulting company IRN Inc. in Grand Rapids, said it will take months for the rate cut to trickle down to average consumers. "These are pretty weak numbers and this is indicative of the over.. Read More
+4
Interesting

Banking stocks lead Europe decline

BUSINESS / NEWS Tue Aug 14, 2007 @ 8:02am neoform
CNN -- European stocks were down by midday on Tuesday as worries about banks' vulnerability to credit market turmoil and the U.S. subprime crisis returned to center stage after a sharp rally in the previous session. At 1033 GMT, the FTSEurofirst 300 index of top.. Read More
+1
Under Rated

Banks pull European shares lower

BUSINESS / NEWS Wed Jun 27, 2007 @ 2:10pm neoform
CNN -- European shares ended at their lowest close in two weeks on Wednesday, weighed down by banks and miners, as worries about the impact of the U.S. mortgage market on the broader economy knocked investor sentiment. British mortgage bank Northern Rock was.. Read More
+1
Under Rated

Europe down on bonds, 2-month lows

BUSINESS / NEWS Fri Jun 8, 2007 @ 8:12am neoform
CNN -- European shares hit their lowest in about two months on Friday, mirroring slides in riskier assets on concerns over the impact of higher interest rates and inflation as government bond yields rose. By 1055 GMT, the pan-European FTSEurofirst 300 index w.. Read More
+1
Under Rated

Embattled boss to quit Siemens

BUSINESS / NEWS Wed Apr 25, 2007 @ 10:45pm neoform
BBC News -- The embattled boss of engineering group Siemens, Klaus Kleinfeld, has said he will stand down later this year. Mr Kleinfeld, under pressure because of corruption claims surrounding the firm, said he would not renew his contract when it ends at the end.. Read More
+5
Interesting
100% Credible

Home Depot 4th-quarter profit drops 28%, despite 4% gain in sales

BUSINESS / NEWS Tue Feb 20, 2007 @ 9:32am mrmdc
USA Today -- Home Depot (HD), the world's largest home improvement store chain, reported Tuesday a 28% drop in fourth-quarter profit despite a 4% gain in overall sales. But sales at stores open at least a year fell. Home Depot cited in part a slowing home improveme.. Read More
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