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Leggett & Platt Q2 Profit Plummets; Revises FY09 Forecast - Update
Engineered component maker Leggett & Platt, Inc. (LEG), Thursday reported a plunge in second quarter profit, as sales dropped substantially reflecting weak sales from all its segments. Results also reflects non-cash write down related to last year's aluminum segment divestiture. Leggett & Platt also warned its full year 2009 earnings would be less than its previous projection.
RTT News

Smart cars selling well in Hawaii
Though automobile sales in Hawaii are down by nearly one-third this year - from Hummers to MINIs to Cadillacs - vehicles produced by three carmakers are forecast to post gains. (PAG)
Biz Journal

Microsoft's sales tumble on PC weakness
Hopes that a rebound in the technology sector would help to fuel a broader recovery from the downturn suffered a setback on Thursday as Microsoft reported an unexpected slump in sales for its latest quarter
FT

Canada examining investment provisions on Nortel sale
OTTAWA, July 23 (Reuters) - Canadian officials have begun researching what kind of foreign purchases of Nortel assets might be subject to government restrictions under the Investment Canada Act, Industry Minister Tony Clement said on Thursday.
Reuters

Dow tops 9,000 on upbeat home sales data
Investors celebrated news of another jump in home sales by propelling the Dow Jones industrials to their first close above 9,000 since January.
Msn

Summer puts shine on high street sales
Retail sales surged in June as stores slashed prices to entice wary consumers and shoppers optimistically kitted themselves out in summer clothes
FT

Newmont reports gold sales of 1.2 million ounces
By a staff reporter Newmont Mining Corporation Ltd said the company recorded equity gold sales of 1.2 million ounces at an average realised price of $915 per ounce and costs applicable to sales of $423 per ounce, resulting in an adjusted net income of
Mining.com

Alabama homes sales rise 15% in June
Alabama home sales rose nearly 15 percent in June, according to research released Thursday.
Biz Journal

Citi, NCLR Collaborate To Revitalise Latino Communities
To support nonprofit acquisitions of foreclosed properties
Banking Business Review

ING Explores Sale Of Europe, Asia Units
It is also cutting jobs as part of a strategy
Banking Business Review

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