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08/20/2008 03:11 AM |
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HP results top Street despite stronger dollar
(Reuters) |
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 Reuters - Hewlett-Packard Co
results beat Wall Street targets, overcoming fears that slowing
global economies and a stronger dollar would substantially
weaken the world's biggest computer and printer maker.
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08/20/2008 02:43 AM |
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Inflation pressures mount as home building slows
(Reuters) |
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 Reuters - U.S. wholesale prices shot up in
July at the fastest annual rate in 27 years, while home
builders cut back on construction as they worked through a glut
of unsold homes, government data showed on Tuesday.
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08/20/2008 02:06 AM |
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Fannie, Freddie fears, inflation slam Wall St
(Reuters) |
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 Reuters - U.S. stocks fell for a second straight
session on Tuesday as credit worries hit bank shares and a
report showing inflation remains a threat despite slower growth
stoked the market's anxiety.
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08/20/2008 02:32 AM |
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Fed officials say must be ready to curb inflation
(Reuters) |
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Reuters - The U.S. Federal Reserve must be
ready to take action if slowing economic growth fails to curb
inflation stemming from higher food and energy prices, two top
Fed policy-makers said on Tuesday, indicating that higher
interest rates may be needed.
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08/20/2008 12:17 AM |
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Lehman option traders bet stock will keep falling
(Reuters) |
Reuters - Many traders scooped up defensive put
options on Lehman Brothers Holdings Inc on Tuesday,
betting its stock will suffer more losses.
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08/20/2008 12:29 AM |
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Russia 'makes 1 bln dlrs' on Fannie Mae, Freddie Mac bonds: reports
(AFP) |
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 AFP - Investments in the bonds of struggling US home-loan financers Fannie Mae and Freddie Mac have earned Russia more than a billion dollars in the past six months, press reports said Tuesday.
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08/20/2008 03:23 AM |
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2Q profit reports from retailers show more strain
(AP) |
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 AP - From affluent shoppers at Saks to bargain-hunters at Target, from Home Depot to office supplier Staples, consumers are pulling back and that's hurting retailers and raising more concerns about how they'll do the rest of the year.
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