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Stocks Dive on GE's Poor Results

U.S. stocks fell to April lows on Friday after General Electric Co. shook investors with its lower-than-expected earnings results which increased concerns that the credit crunch has moved into all sectors.
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GE Misses Earnings, Slashes Outlook

General Electric Co., regarded as a bellwether of the U.S. economy, missed earnings Friday and lowered its outlook for the full year, after the company took heavy losses in its finance division.
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Is the excitement in Gold market gone?

By Jon Nadler Overnight gold trading was fairly subdued, with prices meandering between $918 and $929 as participants observed rising equity markets (the Nikkei added 378 points) and softer ...
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Delta Ok's Tentative Northwest Deal: Report

Delta Air Lines gave the green light on a tentative agreement for a merger with Northwest Airlines, which will ultimately create the world's largest carrier, according to news reports.
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DuPont Boosts First-Quarter Earnings Outlook

While most companies are warning they will likely miss their profit forecasts, chemical giant DuPont upped its first-quarter profit expectations Thursday morning for the second time this year.
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Retail Sales Show Shoppers in Saving Mood

Leading U.S. retailers had a mixed March, with discount and wholesale retailers reporting better sales in March than higher priced department stores and specialty retailers as shoppers face a slowing U.S. economy which may already be in a mild recession.
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American Airlines Scraps 900 More Flights

American Airlines scrapped another 900 flights from take off on Thursday, pushing the total to 2,400 of canceled flights this week, as it continues to fix faulty wiring in hundreds of jets.
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China Likely to Outpace US by 2025

World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested that the emerging markets like India and China is fast becoming the hub of global economic activity with China likely to outpace the US by 2025.

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