- D.R. Horton sees 26 perecent spike in 4Q orders
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday....
- More states add jobs, but many for temporary staff
WASHINGTON (AP) -- In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment....
- Stocks fall for 3rd day as dollar strengthens
NEW YORK (AP) -- Investors can't shake their fears that the economy isn't keeping up with the stock market....
- Ex-Vivendi CEO: I made mistakes but never misled
NEW YORK (AP) -- Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks....
- Americans save more but earn less as rates fall
NEW YORK (AP) -- The U.S. is finally becoming a nation of savers. Now if only we could get something for our money....
- Small Florida bank shuttered, 124th this year
WASHINGTON (AP) -- Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults....
- Chase drops arbitration from card contracts
BOSTON (AP) -- JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits....
- J.M. Smucker 2nd-quarter profit soars on coffee
PORTLAND, Ore. (AP) -- J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins....
- Natural gas plunges 12 percent this month
NEW YORK (AP) -- Natural gas prices have dropped by more than 12 percent in the past month as the country continues to sip at its energy reserves and a balmy November allowed homeowners to leave the heat off....
- EU extends Oracle/Sun review deadline until Jan 27
BRUSSELS (AP) -- European Union regulators said Friday that they have extended until Jan. 27 a deadline to wrap up their antitrust review of Oracle Corp.'s planned $7.4 billion takeover of Sun Microsystems Inc....
|
