DETROIT/NEW YORK, Oct. 11, 2008 (Reuters) — General Motors has had talks with smaller rival Chrysler LLC about a merger that would combine the No. 1 and No. 3 American automakers at a time when both are struggling to cut costs and shore up cash, according to a source briefed on the matter. ... > full story
DETROIT, Oct. 10, 2008 (Reuters) — General Motors Corp and Ford Motor Co both ruled out on Friday seeking bankruptcy protection at a time when slow auto sales and the credit crunch have rattled investors and sent their shares plunging. ... > full story
WASHINGTON/NEW YORK, Oct. 10, 2008 (Reuters) — Finance chiefs of the world's major economies pledged on Friday to take decisive action and work together to stem the escalating financial crisis after another day of gut-wrenching drops on world markets. ... > full story
BOSTON, Oct. 10, 2008 (Reuters) — General Electric Co reported a drop in quarterly profit that matched its recent warning to Wall Street, and the U.S. conglomerate said the global credit crunch and slumping economies would continue to take a toll on its hefty finance arm. ... > full story
NEW YORK, Oct. 10, 2008 (Reuters) — Stocks slumped at the open on Friday, with the benchmark S&P 500 falling below the 900 mark, as fears that tighter credit may send the global economy into recession slashed the appetite for risk. ... > full story
SAN FRANCISCO, Oct. 9, 2008 (Reuters) — Chevron Corp expects upstream production earnings to fall from the previous quarter due to lower prices and hurricanes, but said its refining performance would be much stronger. ... > full story
NEW YORK, Oct. 9, 2008 (Reuters) — Prudential Financial Inc is the latest major insurer to warn its quarterly profits would miss forecasts, as the shares of rivals were pummeled on concern they would need to raise capital. ... > full story
DETROIT, Oct. 9, 2008 (Reuters) — General Motors Corp shares plunged to their lowest level since 1950 on Thursday as concerns mounted that an industry decline that started in the United States was spreading and a leading forecaster warned global auto demand could "collapse" in 2009. ... > full story
NEW YORK, Oct. 9, 2008 (Reuters) — Stocks plummeted for a seventh straight session on Thursday as investors bet recent moves by authorities worldwide to thaw frozen credit markets would not be enough to avert a global recession. ... > full story
NEW YORK, Oct. 9, 2008 (Reuters) — Clothing retailers reported dismal same-store sales results for September as the global financial crisis further squeezed consumers who were already cutting back because of the weak economy. ... > full story
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Specialty Retail companies shares mixed at 10 a.m. Oct. 9, 2008 (Canadian Business Online) — Shares of some top specialty retail companies are mixed at 10 a.m.:. . AutoZone fell $.53 or .5 percent, to $106.42.. . Gap rose $.10 or .7 ...
Chico's FAS says September same-store sales tumble 15.6% Oct. 9, 2008 (MarketWatch) — Chico's FAS Inc. (CHS:4.17,+0.16,+3.99%) said Thursday that its September sales at stores open at least one year fell 15.6%. Analysts, on average ...
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