11/20/2008 -
Stocks Make Way Off Lows Despite More Grim Data
The market in New York fell sharply in the prior session, and the averages started Thursday in the red before clawing their way back toward the flat line.
Source:
TheStreet.com
http://www.thestreet.com/story/10449122/1/stocks-make-way-off-lows-despite-more-
grim-data.html?puc=_tscrss
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11/19/2008 -
Most Read News
KUALA LUMPUR, Nov 19 (Bernama) -- While the current global economic crisis may continue two to four years, its negative effects will not be as bad as that of the Great Depression in the United States during the 1930s, said Second Finance Minister Tan Sri Nor Mohamed Yakcop.
Source:
Bernama
http://www.bernama.com/bernama/v5/newsbusiness.php?id=373058
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11/18/2008 -
Fitch Revises American Axle's Bank Loan and Unsecured Ratings; Places IDR on Rating Watch Negative
NEW YORK----Fitch Ratings has placed American Axle's 'B' Issuer Default Rating on Rating Watch Negative, reflecting the uncertainty of General Motor's short-term operating and financial profile.
Source:
Business Wire via Yahoo! Finance
http://biz.yahoo.com/bw/081117/20081117006996.html?.v=1
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11/20/2008 -
Asian markets slide as economic gloom deepens
Asian stocks tumbled Thursday as global economic gloom deepened following a plunge in Japanese exports and a warning from the Federal Reserve that the United States could be in recession next year.
Source:
AFP via Yahoo! News
http://news.yahoo.com/s/afp/20081120/bs_afp/financeeconomyworld_081120042117
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11/19/2008 -
Facebook, Google to Rally the Kids at Columbia
"Social media" tools like YouTube and Facebook have a new name: "killer apps" or powerful platforms for extremist groups to smear messages of hate . But those same companies are hoping to counter that those negative cabilities for good. From December 3rd to 5th, Facebook, Google, YouTube, MTV, and Howcast will sponsor a summit to mobilize young people against violence and ...
Source:
The New York Observer
http://www.observer.com/2008/o2/facebook-google-rally-kids-columbia
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11/20/2008 -
Lessons Learned About the Benefits of Preschool
Dear Extra Credit: Christian N. Braunlich and you ["Questioning the Benefits of Preschool for the Middle Class," Oct. 23] missed the mark in your comments on the effects of a high-quality early-childhood education. First, a number of studies replicated the very positive results of the Perry...
Source:
Washington Post
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/18/AR2008111804024.
html
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11/20/2008 -
Moody's reports question health of health-care industry
Service predicts fewer elective procedures, credit troubles for hospitals The health-care industry, often deemed recession-proof, may not be so immune to the economic downturn, according to a parade of recent reports from Moody's Investors Service .
Source:
Chicago Tribune
http://www.chicagotribune.com/business/chi-thu-notebook-health-recessionov20,0,1
720499.story?track=rss
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11/20/2008 -
Arbitron Fades
Audience-measuring firm's shares tank after clients defect to rival Nielsen.
Source:
Forbes
http://www.forbes.com/markets/2008/11/19/arbitron-media-radio-markets-equity-cx_
mp_1119markets41.html?feed=rss_markets
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11/19/2008 -
Time will trash Garbage Fund balance
While the city of Morris remains in strong financial shape, the annual audit showed a continuing negative trend in the Garbage Fund.
Source:
Morris Daily Herald
http://morrisdailyherald.com/articles/2008/11/19/news/290dmorgarbagefund.txt
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11/20/2008 -
U.K. Pound Falls Against Dollar, Euro as Retail Sales Decline
Nov. 20 (Bloomberg) -- The U.K. pound dropped and government bonds rose after retail sales fell for a second month, raising the likelihood policy makers will cut borrowing costs to revive Britain?s faltering economy.
Source:
Bloomberg
http://www.bloomberg.com/apps/news?pid=20601083&sid=ac5skJXL3208
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11/20/2008 -
U.S. Leading Economic Indicators Fell 0.8% in October (Update1)
Nov. 20 (Bloomberg) -- The index of leading U.S. economic indicators fell in October for the third time in four months as stocks and consumer confidence plunged, signaling a deepening recession.
Source:
Bloomberg
http://www.bloomberg.com/apps/news?pid=20601068&sid=a6mEfxa.SBf8
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11/20/2008 -
Guy Hands Says Banking Bailout Will Harm Private Equity Firms
Nov. 20 (Bloomberg) -- Private-equity firms will suffer as governments force banks to restrict lending for future takeovers following their bailout of the financial services industry, British financier Guy Hands said.
Source:
Bloomberg
http://www.bloomberg.com/apps/news?pid=20601014&sid=aUOZUMDoCLDE
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11/20/2008 -
Dow slips below 8,000 on growing fear of deflation
A growing fear of economic deflation helped take the air out of the stock market Wednesday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their lowest close since the financial meltdown began.
Source:
AP via Yahoo! News
http://news.yahoo.com/s/ap/20081120/ap_on_bi_ge/financial_meltdown_60
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11/20/2008 -
Moody's puts Saks ratings on review
Credit ratings agency Moody's Investors Service on Wednesday said it was placing ratings of Saks Inc. under review for a possible downgrade, due to lower-than-expected earnings in the third quarter.
Source:
AP via Yahoo! Finance
http://biz.yahoo.com/ap/081120/saks_ratings.html?.v=1
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11/19/2008 -
Intellectual Property
In a ruling that will have widespread negative impact in the field of intellectual property, the Federal Circuit Court has denied a patent to an inventor of a process for the management of weather-related risk.
Source:
Mondaq
http://www.mondaq.com/article.asp?articleid=70206
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