Archive for November 18th, 2008

La-Z-Boy posts wider loss, suspends forecasts (Reuters)

Reuters - La-Z-Boy Inc , the furniture maker and retailer, reported a wider quarterly loss on Tuesday and saw a decline in sales as cash-strapped consumers curb purchases.

Original post by Reuters and software by Elliott Back

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La-Z-Boy posts wider loss, suspends forecasts (Reuters)

Reuters - La-Z-Boy Inc , the furniture maker and retailer, reported a wider quarterly loss on Tuesday and saw a decline in sales as cash-strapped consumers curb purchases.

Original post by Reuters and software by Elliott Back

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U.S. auto execs plead for Congress to fund bailout (Reuters)

 U.S. auto execs plead for Congress to fund bailout 
    (Reuters)Reuters - U.S. auto executives took their case for a $25 billion industry bailout to Congress on Tuesday, warning that the industry was teetering on the brink of disaster as they work to overcome political opposition.

Original post by Reuters and software by Elliott Back

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SEC accuses 4 of inflating bank’s portfolio (AP)

AP - Federal regulators on Tuesday accused four people of inflating the value of Bank of Montreal's trading portfolio to falsely enhance its financial results. One of the four pleaded guilty to related criminal charges and agreed to a civil settlement with the Securities and Exchange Commission.

Original post by AP and software by Elliott Back

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