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Consumer advocacy group survives power struggle The Utah Committee of Consumer Services gets to live to fight for low utility rates another day. Utah legislators Thursday night approved an amended version of SB214 that originally would have stripped the committee of powers to determine what regulatory battles needed to be fought to protect The Salt Lake TribuneGE credit rating cut for the first time in 40 years The American conglomerate General Electric has had its credit rating cut for the first time in more than 40 years because of financial problems at its lending arm. BBCWall St. jumps on GE rating outlook, spending data NEW YORK (Reuters) - Stocks rose for a third day on Thursday on relief that a ratings cut by S&P in General Electric was just one notch and that no further cuts loomed, while retail sales data showed some stabilization in consumer spending. ReutersSwiss Franc Plunges On Intervention, Canadian Dollar Ready For Job ... - Daily FX Swiss Franc Plunges On Intervention, Canadian Dollar Ready For Job ...Daily FX, NYThe SNB's decision to cut rates and intervene in the currency market sparks a plunge in the franc. - The monthly Canadian employment report is a known market mover. Read up on how to trade the event risk in today's Trading News Reports article. ... Info 5000Swiss Franc Plunges On Intervention, Canadian Dollar Ready For Job Numbers (Forex Video)Daily FX Actel Confirms First Quarter 2009 Guidance MOUNTAIN VIEW, CA--(Marketwire - March 12, 2009) - Actel Corporation (NASDAQ: ACTL) todayreleased its business update for the first quarter of fiscal 2009, which isunchanged from previous guidance:-- The Company believes that first quarter 2009 revenues will decline sequentially 10 percent to 15 percent. Gross margin is expected to be about 59 percent or 60 percent. Operating expenses are anticipated to come in at approximately $29 million, which excludes an estimated $1.6 million of stock-based compensation expense. The operating expense outlook also does not include any restructuring charges that may be incurred during the first quarter of 2009 in connection with the restructuring plan. Other income is expected to be about $2 million. The tax rate for the quarter is expected to be about 30 percent. Outstanding fully diluted share count is expected to be about 26.3 mil Market WireGeneral Electric stripped of AAA credit rating General Electric (GE) has lost its coveted AAA credit rating but its stock rallied because investors had feared that the conglomerate's downgrade would be even worse. Standard & Poor's (S&... Big News NetworkWall St. rallies on GE rating outlook and spending data NEW YORK (Reuters) - Stocks rose for a third day on Thursday on relief that a ratings cut by S&P in General Electric was just one notch and that no further cuts loomed, while retail sales data showed some stabilization in consumer spending. ReutersForeclosure Rate Rises 6 Percent Between January, February Despite several major lenders and states halting foreclosures, the number of households threatened with losing houses jumped 6 percent in February after falling 10 percent in January, RealtyTrac annou... Big News NetworkUS STOCKS-Wall St rallies on GE rating outlook, spending dataReuters 1 2 3 4 5 |
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