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Most of the commodities that Brazil exports, like iron ore and carbon steel, are products related to infrastructure investments, not consumption products. We touch on ARA, BRP, VCP, SBS and ELP.
Zacks Fri, 21 Nov 2008 04:14:01 GMTOur outlook for the machinery sector is increasingly one of caution. We are beginning to see U.S economic weakness and the credit crunch negatively impact international markets. We discuss SNP, FCX and CAT.
Zacks Fri, 21 Nov 2008 04:14:02 GMTDespite the apparent values in retail stocks, there are few reasons to get excited about the retailers. Consumer spending will remain subdued for the next few quarters, and that will lead to retailers' earnings estimates declining for the next several ...
Zacks Fri, 21 Nov 2008 04:14:03 GMTCautious buying's fallout: Lost Minnesota jobs
About 7,500 jobs vanished in Minnesota last month. It was the fourth consecutive month of losses.
Startribune.com Fri, 21 Nov 2008 04:39:26 GMTCiti Weighs Options, Including Firm's Sale
Citigroup began weighing the possibility of auctioning off pieces of the company or even selling itself outright. Shares fell a further 26%.
Wall Street Journal Fri, 21 Nov 2008 04:30:16 ESTThe Dow industrials fell 444.99 points, or 5.6%, to 7552.29, while the S&P 500 slid 6.7%, breaching its low from the last bear market. Investors fled to the safest securities, driving up Treasury prices to record levels. Financial stocks continued their fr...
Wall Street Journal Fri, 21 Nov 2008 03:57:32 ESTMore layoffs possible as claims rise
The news contributed to another bad day for stocks, and the Senate approved a move to extend jobless benefits.
Startribune.com Fri, 21 Nov 2008 02:36:15 GMTAsia, Europe stocks rebound after Wall Street rout
BANGKOK, Thailand (AP) -- Most Asian and European markets rebounded Friday after sharp declines in recent days as investors scooped up battered financial and technology shares....
The Arizona Republic Fri, 21 Nov 2008 02:36:15 GMTCongress sends jobless benefit extension to Bush
WASHINGTON (AP) -- With no end in sight to economic bad news, President George W. Bush is about to ensure that millions of laid-off workers won't see their unemployment checks disappear as the year-end holidays approach....
The Arizona Republic Fri, 21 Nov 2008 02:36:15 GMTCiti shares sink despite Saudi prince's investment
NEW YORK (AP) -- Citigroup Inc. shares tumbled below $5 a share Thursday to their lowest level in more than 15 years, a sign that a Saudi prince's decision to boost his stake in the bank has failed to galvanize confidence among increasingly anxious inv...
The Arizona Republic Fri, 21 Nov 2008 02:36:15 GMT
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