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5.39%XLF 9.68 3.09%
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NEW YORK - Shares in many consumer products companies fell Monday amid a general market decline as investors feared that Congress won't approve a financial bailout package.
In a major setback, the House defeated a $700 billion emergency rescue package on Monday, 228-205, despite urgent pleas from President Bush and bipartisan congressional leaders to quickly bail out the staggering financial industry.
Many stocks, already down before the vote was announced, tumbled further.
Shares in Colgate-Palmolive Co. fell $1.19 to $75.87 in mid-afternoon trading Monday.
Kimberly-Clark Corp. was down 94 cents to $65.13.
Procter & Gamble Co. shares fell 88 cents to $67.96.
Clorox Co., however, rose 2 cents to $61.80.
China's bid to establish its own next generation mobile phone technology standard got a boost from the world's biggest cell phone maker...
U.S stocks fell on Wednesday as investors grew concerned that a bailout loan package for ailing automakers would fail to be approved by U.S. lawm...
Rochester officials say members of Saudi Arabia's royal family spent enough during a visit to the Mayor Clinic their visit this past week to give...
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