TOP 100 FINANCIAL SITES
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| Heinz Hit by Commodity Costs Heinz reported a flat quarterly profit as soaring commodity costs and weakness in its U.S. foodservice business took a toll. The condiment giant reiterated its projection for fiscal-year earnings. online.wsj.com |
Auto firm ups local sourcing French carmaker PSA Peugeot Citroen plans to boost its sourcing of spare parts from China by the end of this decade, according to its local car joint venture.The venture with Dongfeng Motor Corp, the nation's No 3 auto group, said yeste ... english.people.com.cn |
Lehman Brothers to sue Japanese firm, alleges fraud U.S. investment bank Lehman Brothers is accusing a Japanese trading company of massive fraud and intends to sue it for hundreds of millions of dollors, bank officials said Sunday. Lehman is seeking to recover 350 million U.S. dollars ... english.people.com.cn |
Earnings Reveal Economic Split First-quarter earnings show banks and consumers grappling with falling home prices and tightening credit, while other big businesses are proving resilient. A worry on Wall Street is that other sectors may suffer declines later. online.wsj.com |
Philippine official: rice price to go down A Philippine official said on Thursday prices of rice will go down in the coming weeks as newly-harvested palay from Central and Northern Luzon start to come into market, local television network GMA News reported. An official of th ... english.people.com.cn |