| Crude oil up 1 dollar as fog slows U.S. imports Crude-oil futures rose more than 1dollar on Monday boosted by the temporary closure of a key waterway in Texas, while economic data sent mixed signals with factory orders rising but layoffs surging. Crude oil for March delivery rose ... english.people.com.cn |
HBOS Weathers U.K. Mortgage Market Britain's biggest mortgage lender HBOS said 2007 profit edged despite taking a write-down of $451 million on investments. online.wsj.com |
Analyst's report puts Sprint shares in tailspin Sprint Nextel Corp. shares dropped 4 percent Thursday after a Deutsche Bank analyst said there is "no turnaround in sight" for the besieged telecom company. Sprint shares lost 25 cents to 5.97 U.S. dollars in light midday trading. Th ... english.people.com.cn |
UniCredit cuts ABS portfolio by 1 bln euros MILAN (Reuters) - Europe's number three bank, UniCredit,has cut its asset-backed securities portfolio by 1 billioneuros and said asset management and investment banking wassolid, helping to relieve concerns over its vulnerability tomarket turmoil. feeds.reuters.com |
Arch Coal Nearly Triples Net Arch Coal posted a sharp jump in profit on strong demand and higher prices for the fuel. Revenue climbed 22%. The company also raised its earnings outlook for the year. online.wsj.com |