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Archive for February 8th, 2008

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Correction: ‘Wachovia’s goodwill’

Friday, February 8th, 2008

On Friday, Fortune published a story on CNNMoney.com about Wachovia Corp. that made several assumptions about Wachovia’s balance sheet to argue that the bank might need to raise further capital in the near future. Upon review, editors have discovered errors of fact and interpretation in the article (’Why Wachovia’s goodwill is bad’) that don’t support that premise, specifically:

Economic fears take their toll on stocks

Friday, February 8th, 2008

Stocks ended a rough week on Wall Street in mixed territory Friday, as ongoing credit market woes dragged down the financial sector and Amazon.com’s stock buyback plan gave the tech stocks a boost.

Economic fears take their toll on stocks

Friday, February 8th, 2008

Stocks ended a rough week on Wall Street in mixed territory Friday, as ongoing credit market woes dragged down the financial sector and Amazon.com’s stock buyback plan gave the tech stocks a boost.

Dell cuts online sales of AMD-based PCs

Friday, February 8th, 2008

Dell Inc. said Friday that it will limit online sales of computers using Advanced Micro Devices Inc. chips.

Tough week on Wall Street

Friday, February 8th, 2008

Stocks ended a rough week on Wall Street in mixed territory Friday, as ongoing credit market woes dragged down the financial sector and Amazon.com’s stock buyback plan gave the tech stocks a boost.

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