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361. Official downplays importance of housing plan
A top Bush administration official on Tuesday downplayed the importance of a homeowner rescue plan passed by Congress over the weekend, arguing that efforts already in place will help more borrowers.
29 Jul 2008
362. Report predicts rough outlook for packaging
Higher raw material prices will likely hurt earnings and credit quality in the packing industry for the rest of 2008, especially companies without a large global presence, according to a report released Tuesday.
29 Jul 2008
363. Santander says 2nd-quarter profit down
Spain's Banco Santander said Tuesday net profit for the second quarter fell 5.3 percent on the year. Spain's largest bank by market value said it earned 2.52 billion euros ($3.97 billion), down from the 2.66 billion euros for the same period in 2007. The 2007 figure was boosted by 566 million euros from the sale of a stake in Italy's Intesa Sanpaolo.
29 Jul 2008
364. US clamps down on firms linked to Myanmar
The Bush administration is imposing financial sanctions on companies suspected of being owned or controlled by the military-run government of Myanmar.
29 Jul 2008
365. US troop deaths down in July
U.S. military has reported nine U.S. troop deaths so far in July, a reflection of overall drop in violence around Iraq. The lowest monthly death toll for American troops in Iraq was 19 in May.
29 Jul 2008
366. Modine fiscal 1Q earnings down on restructuring
Auto parts and cooling equipment maker Modine Manufacturing Co. said Tuesday its fiscal first-quarter earnings dipped as the company continued to work through a restructuring plan.
29 Jul 2008
367. Iranian president: 'Big powers' going down
Iran's president on Tuesday blamed the U.S. and other "big powers" for global ills such as nuclear proliferation and AIDS, and accused them of exploiting the U.N. for their own gain and the developing world's loss.
29 Jul 2008
368. Dow Jones maintains weakness…
Sandy Jadeja is Chief Market Strategist for www.ODLMarkets.co.uk and can be reached at sjadeja@odls.com
29 Jul 2008
369. Forex and Dow Jones recommended levels
EUR/USD Today’s support: - 1.5713 and 1.5690 (main), where correction is possible. Break would give 1.5660, where correction also may be. Then follows 1.5643. Break of the latter would result in
28 Jul 2008
370. Orbitz shares fall on downbeat analyst note
Shares of Orbitz Worldwide fell Monday after a Canaccord Adams analyst said the online travel company is "least favorably positioned" in the sector since the majority of its bookings are domestic and related to air travel.
28 Jul 2008
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