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Sears suffers big quarterly loss
Published December 3, 2008, 12:07 am, Los Angeles Daily News
Sears Holdings Corp. posted its biggest quarterly loss since financier Edward Lampert combined Sears and Kmart into one retail company, due mainly to hefty charges related to store closures and disappointing U.S. sales.
GE expects to hit low 4Q target
Published December 3, 2008, 12:06 am, Stamford Advocate
WASHINGTON - General Electric Co. said Tuesday it expects fourth-quarter earnings to be near the low end of its guidance and will take a charge of up to $1.
Sears posts $146 million loss
Published December 3, 2008, 12:04 am, Fort Wayne Journal Gazette
CHICAGO – Sears Holdings Corp. posted its biggest quarterly loss since financier Edward Lampert combined Sears and Kmart into one retail company, due mainly to hefty charges related to store closures and disappointing U.S. sales. Photo caption: A customer shops for shoes Tuesday at a Sears store in Mountain View, Calif. Sears Holdings Corp. posted its biggest quarterly loss since ...
Struggling airlines see deeper cuts
Published December 3, 2008, 12:04 am, Fort Wayne Journal Gazette
Executives of major U.S. airlines, already seeing signs of slumping travel demand, said Tuesday they were ready to cut more flights, and Delta hinted at more job losses as the carriers jockey to survive the deepening recession.
Beyond necessity
Published December 2, 2008, 11:58 pm, The Montana Standard
ANACONDA — Behind an inviting storefront, whimsical ornaments dangle from classic Christmas trees and plush stockings hang on antique mantles.
TOPWRAP 1-S.Korea steps up crisis fight, c.banks to cut rates
Published December 2, 2008, 11:45 pm, The Forex Market
SEOUL/NEW YORK, Dec 3 (Reuters) - South Korea moved on Wednesday to help local banks through a cash crunch gripping the global financial system as central banks around the world were expected to cut interest rates again to support their fast flagging economies.
Wednesday, December 3, 2008
Published December 2, 2008, 11:40 pm, Deccan Herald
While every organisation strives for growth, managing growth is a tough task, even for the most experienced and futuristic visionaries. Growth management is complex governed by not merely the efficient utilisation of internal resources, but also managing the external forces.
Uganda: Central Bank Reassures on Credit Crunch
Published December 2, 2008, 11:22 pm, AllAfrica.com
Kampala — THE BANK of Uganda Governor, Emmanuel Tumusiime Mutebile, has said the economic crisis that has plunged the west into panic will not affect Uganda's economy as analysts have predicted.
Shopping hub’s ‘teeth knocked out’
Published December 2, 2008, 10:30 pm, Parker Chronicle
Chris Michlewicz With the closure of four major stores at one commercial center in Parker, some can’t help but wonder whether it’s the poor economy or a laundry list of other factors that has left its storefronts bare.
(AFX UK Focus) 2008-12-03 06:03 REFILE-UPDATE 2-Now is time to buy: hedge fund Avenue Capital
Published December 2, 2008, 10:19 pm, Interactive Investor
By Michael Flaherty
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