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Worried Woolies Closing Down Sale
Christmas shoppers are expected to descend on the chain's 813 stores nationwide in droves. People will be looking for some hefty price cuts for toys, entertainment and other items. Woolies' administ...
Big News Network

China inflation drops as U.S. auto bailout uncertain
BEIJING/WASHINGTON (Reuters) - Chinese consumer inflation slowed sharply as vanishing demand globally put heavy pressure on prices, while U.S. automakers took a big step towards securing a bailout onl...
Big News Network

Transportation
The median year-to-date-stock price has declined for all industries in the Zacks' transportation universe, and compares to a 39.5% stock decrease for the S&P 500. We touch on FDX, CNW, UPS and CSX.
Zacks

CEMEX S.A. de C.V. (CX)
CEMEX S.A. de C.V. (CX) - Currently, CEMEX is the third-largest cement company in the world, the fourth largest aggregates producer, and the largest ready-mix producer. The company is diversified by nation and region, and has a good growth record. It is a dominant force in Mexico, Spain, the U.K. and the U.S.We are keeping our Sell rating on CEMEX. The company posted weak results in the third quarter of 2008, together with a 74% year-over-year decline in net income. The continued weak cement volumes in Spain and the U.S. are problematic.The short-term outlook for the company remains highly uncertain based on the downtrend in the residential, industrial/commercial sector, and the infrastructure sector as well due to the fall in the real estate prices throughout the world.
Zacks

Procter & Gamble (PG)
The Procter & Gamble Company (PG) - Procter & Gamble's management is committed to a growth strategy based on (1) driving volume through product innovation and increasing penetration into developing markets and (2) expanding profitability by focusing on higher margin categories.The plan is meeting with success in terms of top-line expansion, volume growth, and higher earnings. Though the Gillette acquisition was accretive to earnings in fiscal 2008, the gross margin was negatively impacted by increased commodity and energy costs.Taking advantage of recent market weakness that drove P&G's stock to an attractive valuation level, the stock was upgraded to a Buy. The target price of $72.50 is based on a 20 P/E on trailing 12-month earnings.
Zacks

Home-price slide approaches $4.5 trillion
Stock market spiral may top 1930s crashread more
InMan

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