Wedgwood goes into administration
A number of firms owned by Waterford Wedgwood enter administration, as the parent firm appoints a receiver.
BBC Mon, 05 Jan 2009 22:11:17 GMT
U.S. Insurance Industry
Ongoing turmoil in the financial markets has resulted in a highly challenging environment for the U.S. insurance industry, a trend that is expected to continue in 2009. We also expect further consolidation in the industry. We have Buys on AMSF and PRE, but...
Zacks Mon, 05 Jan 2009 22:47:01 GMT
Machinery & Industrials
As foreign economies deal with weaker exports to the U.S and Europe, industrial customers are cutting back on capital spending. We cite Freeport McMoRan.
Zacks Mon, 05 Jan 2009 22:47:02 GMT
Hotels & Lodging
As the recession continues, hotel companies that are able to limit the degree to which room rates are discounted will be in the best position to benefit once the economic environment improves. We discuss Starwood and Marriott.
Zacks Mon, 05 Jan 2009 22:47:03 GMT
Israel rejects EU calls for ceasefire
Israel rebuffed a call from visiting European foreign ministers for an immediate ceasefire, vowing to continue its ground assault on the Gaza Strip even amid reports of mounting civilian casualties
Financial Times Mon, 5 Jan 2009 20:28:21 +0000
Obama Eyes $300 Billion Tax Cut
Obama and congressional Democrats are crafting a plan to offer about $300 billion in tax cuts. The proposals, if enacted, in two years could have more impact than either of Bush's tax cuts did in their first two years.
Wall Street Journal Mon, 05 Jan 2009 19:37:40 EST
Don't just wing it
Rose Hightower, founder of Ideal Consulting Solutions International LLC, specializing in accounting and finance, says being a good leader depends on your organizational skills.
The Salt Lake Tribune Mon, 5 Jan 2009 18:41:47 MST
Oil settles above $48 on uneasy Mideast
Israel's ground offensive in Gaza and a dispute between Ukraine and Russia over gas imports pushed oil prices above $48 a barrel Monday. Light, sweet crude for February delivery rose $2.
The Salt Lake Tribune Mon, 5 Jan 2009 18:34:57 MST
Dynatronics gets its second reprieve from Nasdaq
Utah's Dynatronics Corp., like hundreds of other small publicly held companies whose stock now trades below $1 a share, has just been handed another reprieve by the Nasdaq stock market.
The Salt Lake Tribune Mon, 5 Jan 2009 18:34:37 MST
Treasury invests $15B more in banks
The Treasury Department said Monday it had invested $15 billion in another seven banks, including two companies that recently completed large takeovers of other banks.
CNN Money Mon, 05 Jan 2009 18:44:36 EST
FBI goes on massive hiring blitz
Despite a bleak economic environment featuring wide-ranging layoffs and rising unemployment, the nation's premier law enforcement agency is touting "one of the largest hiring blitzes in our 100-year history."
CNN Money Mon, 05 Jan 2009 18:31:37 EST
Consumer bankruptcies jump in 2008
Bankruptcy filings by American consumers increased nearly a third in 2008, according to a new report.
CNN Money Mon, 05 Jan 2009 18:18:53 EST
Caterpillar stops for four weeks
Construction industry firm Caterpillar will stop production in Leicestershire for four weeks due to a drop in orders.
BBC Mon, 05 Jan 2009 18:26:23 GMT
FSA to end ban on short selling
The UK's ban on short selling of financial stocks will not be extended beyond January 16, the Financial Services Authority said, but investors will continue to be required to disclose short positions
Financial Times Mon, 5 Jan 2009 17:26:17 +0000
Adams shuts down 111 of its shops
Adams Childrenswear closes 111 of its 271 stores in the UK, five days after calling in the administrators.
BBC Mon, 05 Jan 2009 15:59:24 GMT
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