marmar
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Thu Nov-06-08 09:13 AM
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Back to the ugly economic reality..... |
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Look at the happy headlines on MarketWatch today:
www.marketwatch.com
November 6 2008 9:07 A.M. EST
Jobless gauge at 25-yr. high Continuing claims hit a seasonally adjusted 3.84 million in latest week. • AMD laying off 500 | Cadence Design cutting headcount by 12% • Dana to cut loose 2,000 workers more than previously planned • Wall Street bonuses to fall by 20% to 50% (wsj.com) indications Cisco helps set dreary tone Tech bellwether's top-line caution puts stock futures deep in the red. Investors pooh-pooh latest European interest-rate cuts. • Third-quarter productivity up 1.1%; growth in labor costs contained • Europe stocks drop sharply | Asian shares take a beating • Stocks to watch | Crude futures down another 2% | Treasurys gain ....
AUTOMOTIVE Toyota cuts outlook As first-half profit falls fully 48%, Japanese giant takes stock of difficult conditions in U.S. and Europe. • Big losses on tap for GM, Ford | AutoNation's loss tops $1.4 billion • Big Three plead their case on Capitol Hill (wsj.com) MEDIA Bad News News Corp.'s shares slump on downgraded forecast. • Time Warner cuts forecast as profit dips | Virgin Media loss widens
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MadrasT
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Thu Nov-06-08 09:22 AM
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1. Election Euphoria isn't going to fix this economy |
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It's way too broken for that.
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DU
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Thu Apr 18th 2024, 01:31 AM
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