Hewlett-Packard Co. edged past Wall Street's forecast for the latest quarter, showing some resilience in troubled times, as strong laptop sales helped offset falling printer orders and weakness in some server lines.
Read more »HP 4Q results beat views; strong laptop sales help (AP)
Category: World Markets Tags:
Deere shares slide as profit, 2009 view disappoint (Reuters)
Deere & Co , the world's biggest farm equipment maker, posted a lower-than-expected quarterly net profit on Wednesday and provided a 2009 earnings forecast that was well below Wall Street estimates, sending shares down as much as 13 percent in early trading.
Read more »Category: World Markets Tags:
Another Wall Street bailout boosts oil to $53 (AP)
Oil prices jumped above $53 a barrel Monday with Wall Street on news that the U.S. government will bail out Citigroup. Light, sweet crude for January delivery rose nearly 6 percent, or $2.94, to $52.87 a barrel on the New York Mercantile Exchange.
Read more »Category: World Markets Tags:
Midday Glance: Autos companies (AP)
Category: World Markets Tags:
HP 4Q results beat views; strong laptop sales help (AP)
Hewlett-Packard Co. edged past Wall Street's forecast for the latest quarter, showing some resilience in troubled times, as strong laptop sales helped offset falling printer orders and weakness in some server lines.
Read more »Category: World Markets Tags:
HP shares fall on concerns about sales, inventory (Reuters)
Shares of Hewlett-Packard Co fell more than 7 percent on Tuesday on concerns about weak sales of printer ink and personal computers, fed in part by pessimistic quarterly earnings from one of the company's distributors.
Read more »Category: World Markets Tags:
Nissan withdraws from Detroit, Chicago auto shows (AP)
Nissan Motor Co. said Monday it is pulling out of the Detroit and Chicago auto shows, citing the tough economy and the lack of new vehicles to unveil.
Read more »Category: World Markets Tags:
Pimco fund may delay payment of November dividend (AP)
The Pimco California Municipal Income Fund II said Wednesday it may be forced to delay the payment of its November dividend, as well as the declaration of its next scheduled dividend due to severe market disruptions.
Read more »Category: World Markets Tags:
Soros says U.S. needs billions more in aid measures (Reuters)
The U.S. economy needs additional support measures of between $300 billion and $600 billion to help it withstand the financial crisis, U.S. billionaire investor George Soros was quoted as saying by a German weekly.
Read more »Job losses, economic woes dull holidays in Detroit (AP)
Buying and preparing that perfect Thanksgiving meal has been a tradition in the Savu family. But that was before Michael Savu got caught up in the Detroit automakers' economic tailspin and before he was laid off in September.
Read more »Category: World Markets Tags: