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Business
US Economy: Growth Faster Than Initially Estimated on Exports - Bloomberg Thu, 28 Aug 2008 14:27:15 GMT

US Economy: Growth Faster Than Initially Estimated on Exports
Bloomberg - 56 minutes ago
By Courtney Schlisserman and Timothy R. Homan Aug. 28 (Bloomberg) -- The US economy expanded faster than previously estimated in the second quarter, helped by a surge in exports that will probably wane as Europe and Japan head toward recessions.
Economy gets big stimulus boost CNNMoney.com
US Q2 GDP revised up to 3.3 pct gain due to higher exports, spending Forbes
MarketWatch - TheStreet.com - BBC News - BloggingStocks
all 320 news articles
Oil, Natural Gas Rise as Gustav Threatens US Gulf Platforms - Bloomberg Thu, 28 Aug 2008 13:17:30 GMT

ABC News
Oil, Natural Gas Rise as Gustav Threatens US Gulf Platforms
Bloomberg - 2 hours ago
By Grant Smith Aug. 28 (Bloomberg) -- Crude Oil and natural gas rose as Royal Dutch Shell Plc, BP Plc and ConocoPhillips evacuated drilling rings before the arrival of Gustav, forecast to become the worst Gulf of Mexico hurricane since Katrina.
UPDATE 1-Shell shutting some Gulf output due storm Gustav Reuters
Oil futures continue to gain on storm worries MarketWatch
CNNMoney.com - Forbes - guardian.co.uk - BloggingStocks
all 2,394 news articles
Three years after Katrina, Gulf ports at risk - Reuters Thu, 28 Aug 2008 13:27:15 GMT

Voice of America
Three years after Katrina, Gulf ports at risk
Reuters - 1 hour ago
By Kathy Finn PORT FOURCHON, Louisiana (Reuters) - The drive south from New Orleans toward the Gulf of Mexico is a study in coastal vulnerability.
New Orleans Braces as Gustav Set to Follow Katrina (Update1) Bloomberg
New Orleans on evacuation standby guardian.co.uk
Nightly Business Report - Voice of America - Houston Chronicle - Biloxi Sun Herald
all 1,886 news articles
Sears Net Drops 62%; Retailer Forecasts Lower Full-Year Profit - Bloomberg Thu, 28 Aug 2008 14:36:00 GMT

BBC News
Sears Net Drops 62%; Retailer Forecasts Lower Full-Year Profit
Bloomberg - 47 minutes ago
By Lauren Coleman-Lochner Aug. 28 (Bloomberg) -- Sears Holdings Corp., the biggest US department-store company, reported second-quarter profit that fell more than some analysts estimated and said full-year profit may decline as the US economic slump ...
Sears Holdings' quarterly net profit drops 62% MarketWatch
Sears Holdings profit falls short, forecast cut guardian.co.uk
BBC News - CNNMoney.com - Forbes - Reuters
all 219 news articles
MBIA Rises Most in 4 Weeks on Reinsurance Agreement (Update1) - Bloomberg Thu, 28 Aug 2008 14:33:27 GMT

RTT News
MBIA Rises Most in 4 Weeks on Reinsurance Agreement (Update1)
Bloomberg - 49 minutes ago
By Christine Richard Aug. 28 (Bloomberg) -- MBIA Inc. rose the most in four weeks after agreeing to reinsure $184 billion in municipal bonds for Financial Guaranty Insurance Co.
Ahead of the Bell: MBIA climbs on FGIC deal Forbes
MBIA jumps after deal to reinsure FGIC bonds Reuters
RTT News - Barron's Blogs - Seeking Alpha - Wall Street Journal Blogs
all 67 news articles
Fannie Rises for Sixth Day as Mudd Replaces Deputies (Update1) - Bloomberg Thu, 28 Aug 2008 14:37:24 GMT

Washington Post
Fannie Rises for Sixth Day as Mudd Replaces Deputies (Update1)
Bloomberg - 46 minutes ago
By Dawn Kopecki and Jody Shenn Aug. 28 (Bloomberg) -- Fannie Mae rose for a sixth day in New York trading, the longest streak since May 2007, after Chief Executive Officer Daniel Mudd replaced three top deputies in an effort to restore investor ...
Shares of Fannie, Freddie up for 4th straight day Forbes
Fannie Mae restructures management; replaces CFO Bizjournals.com
Reuters - DSNews.com - Wall Street Journal Blogs - Washington Post
all 436 news articles
Toyota Cuts 2009 Sales Forecast on Lower US Demand (Update3) - Bloomberg Thu, 28 Aug 2008 11:08:28 GMT

RTE.ie
Toyota Cuts 2009 Sales Forecast on Lower US Demand (Update3)
Bloomberg - 4 hours ago
By Naoko Fujimura and Tetsuya Komatsu Aug. 28 (Bloomberg) -- Toyota Motor Corp., the world's second-largest carmaker, lowered its forecast for 2009 auto sales growth to 2.1 percent from 5.6 percent as record fuel prices and slowing economies damp ...
2nd UPDATE: Toyota Cuts '09 Sales Target To 9.7 Million Vehicles CNNMoney.com
Toyota joins other automarkers in warning of more troubles ahead International Herald Tribune
Forbes - CNBC - BloggingStocks - The Associated Press
all 408 news articles
Brown-Forman 1Q profit declines - Forbes Thu, 28 Aug 2008 14:09:33 GMT

Brown-Forman 1Q profit declines
Forbes - 1 hour ago
By BRUCE SCHREINER 08.28.08, 9:58 AM ET Liquor company Brown-Forman Corp. said Thursday its first-quarter profit fell 7 percent, taking a shot to its earnings when a problem with tequila production caused a $22 million pretax charge.
Brown-Forman 1Q Net Slips 7% Amid Agave Plants Charge CNNMoney.com
UPDATE 1-Brown-Forman profit lower than expected Reuters
Bizjournals.com - International Herald Tribune - MarketWatch - Wall Street Journal Blogs
all 43 news articles
Bank of China says 1st-half profit up 43 percent - BusinessWeek Thu, 28 Aug 2008 14:16:06 GMT

Wall Street Journal Blogs
Bank of China says 1st-half profit up 43 percent
BusinessWeek - 1 hour ago
By JOE McDONALD Another major Chinese bank reported double-digit profit growth Thursday as it avoided the credit crisis that has battered Western lenders but warned it might face tougher conditions in coming months.
Bank of China profit up; overseas holdings weigh Forbes
Bank of China sees first-half profit rise 43% MarketWatch
Wall Street Journal - Bloomberg - International Herald Tribune - Jewelers Circular Keystone Online
all 74 news articles
Williams-Sonoma profit falls, forecast cut - Reuters Thu, 28 Aug 2008 14:42:52 GMT

Williams-Sonoma profit falls, forecast cut
Reuters - 40 minutes ago
ATLANTA (Reuters) - Retailer Williams-Sonoma Inc (WSM.N: Quote, Profile, Research, Stock Buzz) reported a 29 percent drop in second-quarter profit on Thursday and cut its full-year forecast as the weak US economy and slumping housing market hammered ...
Williams-Sonoma 2Q profit falls 29 percent BusinessWeek
Williams-Sonoma cuts forecasts MarketWatch
Home Furnishings Business - Reuters
all 13 news articles
US Initial Jobless Claims Fall 10000 to 425000 (Update2) - Bloomberg Thu, 28 Aug 2008 13:49:56 GMT

San Diego Union Tribune
US Initial Jobless Claims Fall 10000 to 425000 (Update2)
Bloomberg - 1 hour ago
By Timothy R. Homan Aug. 28 (Bloomberg) -- The number of Americans collecting unemployment insurance rose to the highest level in almost five years, a sign companies remain reluctant to hire.
Jobless claims ease for 3rd straight week CNNMoney.com
Weekly initial jobless claims fall to 425000 MarketWatch
Reuters - The Associated Press - Forbes - Onet.pl
all 278 news articles
Spain May Suffer From ECB Loan Curbs as Economy Cools (Update1) - Bloomberg Thu, 28 Aug 2008 13:00:04 GMT

AFP
Spain May Suffer From ECB Loan Curbs as Economy Cools (Update1)
Bloomberg - 2 hours ago
By Ben Sills and Esteban Duarte Aug. 28 (Bloomberg) -- Spain's economy, brought to the brink of a recession by surging global credit costs, may find money even harder to come by when the European Central Bank tightens its lending practices.
FOREX-Dollar eases as investors mull ECB rate outlook Reuters
The ECB walks a tightrope in helping banks International Herald Tribune
MarketWatch - guardian.co.uk - AFP - Daily FX
all 308 news articles
Natixis Reports Second-Quarter Loss on Writedowns (Update3) - Bloomberg Thu, 28 Aug 2008 13:23:47 GMT

AFP
Natixis Reports Second-Quarter Loss on Writedowns (Update3)
Bloomberg - 1 hour ago
By Fabio Benedetti-Valentini Aug. 28 (Bloomberg) -- Natixis SA, the French bank seeking 3.7 billion euros ($5.5 billion) in new capital, reported a second-quarter loss that exceeded analysts' estimates on writedowns tied to struggling US bond insurers.
Cold Comfort From Natixis Forbes
French banks still suffering from credit crisis International Herald Tribune
AFP - Wall Street Journal - Reuters - domain-B
all 32 news articles
UPDATE:VimpelCom 2Q Net +31%;Gets Russia's First iPhone Deal - CNNMoney.com Thu, 28 Aug 2008 12:17:57 GMT

Washington Post
UPDATE:VimpelCom 2Q Net +31%;Gets Russia's First iPhone Deal
CNNMoney.com - 3 hours ago
By Will Bland and Andrew Langley MOSCOW -(Dow Jones)- Russian telecoms operator OAO Vimpel Communications (VIP) Thursday reported a sharp rise in second-quarter profits and said it would become the country's first operator to offer Apple Inc's (AAPL) ...
Vimpelcom says to sell Apple iPhone in Russia Washington Post
Vimpelcom says to sell Apple iPhone in Russia Reuters
AHN - MacNN - Schaeffers Research - MSN Money
all 14 news articles
UPDATE 1-Energy Conversion Devices swings to Q4 profit - Reuters Thu, 28 Aug 2008 13:11:56 GMT

UPDATE 1-Energy Conversion Devices swings to Q4 profit
Reuters - 2 hours ago
Aug 28 (Reuters) - Energy Conversion Devices Inc (ENER.O: Quote, Profile, Research, Stock Buzz) swung to a fourth-quarter profit, helped by higher margins in its solar business, and forecast first-quarter and fiscal 2009 revenue above analysts' ...
Energy Conversion Devices swings to 4Q profit CNNMoney.com
Energy Conversion Devices: Turnaround Story Seeking Alpha
Barron's Blogs - RTT News - Market Intelligence Center - Trading Markets (press release)
all 11 news articles
Dell's Old Sales Strategy Brings New Profits in India (Update1) - Bloomberg Thu, 28 Aug 2008 13:48:47 GMT

The Money Times
Dell's Old Sales Strategy Brings New Profits in India (Update1)
Bloomberg - 1 hour ago
By Melita Marie Garza Aug. 28 (Bloomberg) -- Dell Inc., maligned by analysts in the US for relying too long on selling personal computers over the Internet, is making headway with that old strategy in what may prove a more important market: India.
Dell to post 2Q report after closing bell Thursday Forbes
Spending on Servers Shows Signs of Slowing Wall Street Journal
CNET News - ZDNet - CNBC - Reuters
all 47 news articles
Boeing prepares to make final contract offer - Reuters Thu, 28 Aug 2008 14:17:40 GMT

AFL-CIO
Boeing prepares to make final contract offer
Reuters - 1 hour ago
NEW YORK (Reuters) - Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) will present a final contract offer to its largest labor union as early as Thursday, hoping to prevent a strike that could cost the company $3 billion a month.
Boeing to Give Machinists Final Offer Today for 3-Year Contract Bloomberg
Boeing Co. to send Machinists final offer NTV
Bizjournals.com - Seattle Times - Flight International - HeraldNet
all 262 news articles
Boone’s Beef: NBC Bans Pickens Ad Saying US Trails Iran in Natural ... - Wall Street Journal Blogs Thu, 28 Aug 2008 14:39:11 GMT

Canada.com
Boone’s Beef: NBC Bans Pickens Ad Saying US Trails Iran in Natural ...
Wall Street Journal Blogs - 44 minutes ago
Anybody watching the Democratic convention and its blizzard of energy-related commercials could be forgiven for thinking T. Boone Pickens is getting all the airtime he could possibly want.
Pickens Wins Ad Fight With NBC Adweek
T. Boone Pickens Comments on NBC's Rejection of Latest Pickens Plan Ad MarketWatch
Reuters - Calgary Herald - Earth2Tech
all 28 news articles
UPDATE 1-Tata Steel June qtr net rises, input costs a worry - Reuters Thu, 28 Aug 2008 14:45:07 GMT

UPDATE 1-Tata Steel June qtr net rises, input costs a worry
Reuters - 38 minutes ago
By Narayanan Somasundaram MUMBAI, Aug 28 (Reuters) - Tata Steel Ltd (TISC.BO: Quote, Profile, Research, Stock Buzz), the world's sixth-largest steel maker, posted a 60.5 percent rise in consolidated net profit, helped by price increases by its Corus ...
India's Tata steel Q1 consolidated net profit rises to 39.15 bln ... Forbes
Tata Steel Profit, Including Corus, Climbs on Prices (Update1) Bloomberg
Reuters
all 14 news articles
Del Monte issues mixed outlook - CNNMoney.com Thu, 28 Aug 2008 14:01:40 GMT

Del Monte issues mixed outlook
CNNMoney.com - 1 hour ago
NEW YORK (Associated Press) - Del Monte Foods Co. issued a mixed outlook Thursday as it swung to a fiscal first-quarter loss amid inflationary pressures on ingredients and raw products.
UPDATE 1-Del Monte Foods reports quarterly loss Reuters
Del Monte posts quarterly loss Pittsburgh Post Gazette
RTT News - Business Wire (press release) - StreetInsider.com (subscription) - RTT News
all 18 news articles