posted by admin on Nov 21
Reuters - Target Corp on Friday rejected as “highly speculative” proposals made by hedge fund manager William Ackman that he said would unlock the value of its real estate and boost the discount retailer’s sagging stock price.
posted by Yahoo! News
posted by admin on Nov 21
Reuters - President-elect Barack Obama wants New York Federal Reserve President Timothy Geithner as his Treasury secretary, news that sparked a stock market surge on Friday and fostered confidence that Obama may be taking up the U.S. economic reins before his inauguration in January.
posted by Yahoo! News
posted by admin on Nov 21
Reuters - President-elect Barack Obama’s nominee for U.S. agriculture secretary will face daunting tasks ranging from tightening farm subsidy rules to improving school meals, lawmakers and farm groups said on Friday.
posted by Yahoo! News
posted by admin on Nov 21
Reuters - New York Sen. Hillary Clinton has accepted an offer from President-elect Barack Obama to become U.S. secretary of state, joining her former Democratic rival to help guide U.S. foreign policy, the New York Times said on Friday.
posted by Yahoo! News
posted by on Nov 21
Reuters - Oil prices steadied on Friday, after falling more than 7 percent the day before, as stock markets recovered from early lows caused by continuing economic gloom.
posted by Yahoo! News
posted by on Nov 21
Reuters - Amid growing concern that a power vacuum in Washington was contributing to the global financial crisis, shares of U.S. banking giant Citigroup skidded on Friday while legislators and corporate chieftains weighed the fate of the U.S. auto industry.
posted by Yahoo! News
posted by on Nov 21
Reuters - Stocks rose in choppy trade on Friday as investors snapped up cut-price shares in beaten down sectors, including commodities and energy, a day after Wall Street slid to 11-year lows.
posted by Yahoo! News
posted by admin on Nov 21
Reuters - Stocks headed for a higher open on Friday as investors followed up two days of steep losses that toppled Wall Street to an 11-year low by scooping up shares of banks and other beaten-down sectors.
posted by Yahoo! News
