Archive for November, 2008

Wall St. falls as economic woes, Citi weigh (Reuters)

 Wall St. falls as economic woes, Citi weigh 
    (Reuters)Reuters - U.S. stocks fell into negative territory on Friday as shares of financials including Citigroup declined and investors worried about the deepening economic slump.

Original post by Reuters and software by Elliott Back

Posted by

U.S. consumers expect steep unemployment rise: survey (Reuters)

Reuters - U.S. consumers expect the unemployment rate to rise steeply in a prolonged recession, and as a result have slashed spending plans, according to a survey released on Friday.

Original post by Reuters and software by Elliott Back

Posted by

Wal-Mart names Mike Duke new CEO (AFP)

 Wal Mart names Mike Duke new CEO 
    (AFP)AFP - Wal-Mart Stores, the world's biggest retailer, announced Friday the appointment of Mike Duke, a company vice chairman, as the new chief executive effective February 1.

Original post by AFP and software by Elliott Back

Posted by

Wal-Mart names Duke to succeed Scott as CEO (AP)

 Wal Mart names Duke to succeed Scott as CEO 
    (AP)AP - Wal-Mart Stores Inc., the world's largest retailer, unexpectedly announced Friday that its chief executive will retire in February and be replaced by the head of its international division.

Original post by AP and software by Elliott Back

Posted by