SUNNYVALE, Calif, Nov. 13, 2008 (Reuters) — Chipmaker Advanced Micro Devices stood firm on its financial forecast on Thursday, one day after Intel cut its fourth quarter revenue forecast by 14 percent, sparking fears about the PC industry. ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) — Citigroup Inc shares fell to their lowest level in 13 years on Thursday, raising pressure on Chief Executive Vikram Pandit and the bank's board to improve performance even as the global economy deteriorates. ... > full story
BOSTON, Nov. 13, 2008 (Reuters) — Anxiety is sweeping the hedge fund industry before a crucial deadline on Saturday, when investors angered by recent heavy losses are expected to demand the return of billions of dollars. ... > full story
WASHINGTON, Nov. 13, 2008 (Reuters) — U.S. mortgage finance companies should soon adopt a foreclosure prevention plan developed by Fannie Mae and Freddie Mac to ease loan terms for troubled borrowers, the companies' overseer said on Thursday. ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) — Kohl's Corp and Nordstrom Inc , two large U.S. retailers, reported sharply lower quarterly profits on Thursday and warned of worse-than-expected results for the rest of the year, just weeks before the critical holiday shopping season gets under way. ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) — Shares of Warren Buffett's Berkshire Hathaway Inc fell below $100,000 on Thursday for the first time since October 2006, after the company revealed large unrealized losses on derivative contracts tied to the stock market's performance. ... > full story
WINONA, Minnesota, Nov. 13, 2008 (Reuters) — Two top Federal Reserve policy-makers painted a gloomy picture on the U.S. economy on Thursday, on a day when initial claims for unemployment assistance topped half a million people. ... > full story
WASHINGTON, Nov. 13, 2008 (Reuters) — Treasury Secretary Henry Paulson on Thursday encouraged Congress to come up with the funds to help ailing Detroit automakers, but stuck to his position that the government's $700 billion bailout fund is for financial institutions only. ... > full story
WASHINGTON, Nov. 13, 2008 (Reuters) — The U.S. Postal Service reported a $2.8 billion net loss for its fiscal year that ended September 30, blaming the national economic slowdown and costly government mandates. ... > full story
NEW YORK, Nov. 13, 2008 (Reuters) — Qualcomm Inc , seeking to cut costs in the face of slowing demand for cell phones, has stopped developing a next-generation wireless technology called Ultra Mobile Broadband and is making small-scale layoffs. ... > full story
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What Sparked the Selloff Nov. 13, 2008 (Kiplinger.com) — A bunch of high-profile hedge-fund managers came to Capitol Hill on October 13 and testified that they and their funds were not to blame for the ...
Investors to get initial $4.5B from money fund Nov. 13, 2008 (Yahoo! Finance) — The manager of a $10.5 billion money-market fund that's shutting down said Thursday it has begun returning about 40 percent of that total to ...
DHL cuts worry Lee business owner Nov. 11, 2008 (New Hampshire Union Leader) — Dan Hebert, the state president of the NH affiliate for the Jump$tart Coalition for Personal Financial Literacy, is the November expert for the New ...
Project Delivers Savings for UPS Apr. 22, 2008 (CIO Magazine) — Neither snow nor rain nor heat nor gloom of night stays these couriers from the swift completion of their appointed rounds. But, as United Parcel ...
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